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Re: Anyone know about this System?



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Aparkr@xxxxxxx wrote:
> 
> Has anyone out there purchased the SP Day Trading Accutrader System (
> www.accutrader.com), or know about the system? I am interested in possibly
> acquiring it, and I'd like some feedback (good or bad). He claims accuracy of
> +85% on SP daytrades.
> 
> BTW this is not the Accutrader system from Michael Gur ( that is pure
> garbage).
> Please respond to my email address.
>                                                               Thanks,
> 
>                                                                   Alan Parker
> 
> 


This site offers a technique which uses 1 pt stops and either 1 or 2 pt.
targets in the sp.  I'm not a daytrader so I ask, is that feasible?? 
With something that shortterm, seeing real (not hypothetical) results
either from the mkts (or conceivably Auditrack?) would be crucial to see
if you could actually act as fast as required.  He gives a months worth
of results in which "ALL OF THE TRADES WERE IDENTIFIED WHILE USING
REAL-TIME DATA."  Did he actually trade them?   He claims 12.5K or so
profit in one month with $500 drawdown.  His slippage/commission figure
is $37 per trade!  So he's allowing about 0.1 pts for slippage.  I've
seen people urging using $200 for slippage in the sp in testing systems,
not $25!   I'd say this guy doesn't trade this system in real life but
that's just a guess of course.  

Conrad Bowers