Here we go again, fair comment as I often think the same way.
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Try reading the iron clad super-cynic derogatory postings on Elite Trader if you want a laugh. This is a board for discussion on commercial systems remember and there are no reviews on this book anywhere, just caught my attention as it seemed to be the exact opposite of a 'holy grail merchant' I'll read it and find out for myself. I know the system, I bought it. I really don't think you can get 14 or more pts in one trade as he gets from time to time to improve his weekly record.
The standard targets are 3 pt and so are the initial stop-losses. The method seems to work better in hindsight as most of them do, which is how you probably get these 14 pts or so.
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Its helped me I don't know if this is still active or not but thought I would drop my 2-cents. That is a big leap for me having tried so long on my own and getting no place.
At first I didn't get it and couldn't see the signals the same like the previous post but once he showed me it made sense. I was looking at the wrong time frames and it wouldn't match. The live room is a joy - I only wish I could attend more. I trade the Russell on it. I don't know if this is still active or not but thought I would drop my 2-cents. Gloria: what time frames do you use? Would you say you are ending the day positive and keeping a journal to eliminate any bias it's so easy to think you are making gains and then when you look at the whole picture, you see you're not that far ahead?
Ryan Watts – Scalping the Nasdaq Emini Futures Method (Includes Indicators) - Forex Trading Product
If yes to all of the above, good for you. I just couldn't see where his signals matched with his posted results and I've been at it for about 3 years. I use both a Tick and Tick on the Russell. That is what he has worked with me on. He uses the Tick and Tick on the Dow mini.
Ryan Watts – Scalping the Nasdaq Emini Futures Method (Includes Indicators)
The book had him on a 1-minute chart of the NQ but he uses these others now I guess. The first thing they got me doing was the journal and I know it hasn't been long but I can see the improvement already. Mostly in the way I think and the way I look at the market. I am meeting my small goal most days and keeping losses small. He is always helping different people on the system so you might bring up your questions with him in there. My charts only have 1, 2, 3, 5 minutes etc. It not only gives and teaches you trade signals, but also includes the other two extremely important aspects of the trading profession.
Watts Trading Reviews (watts trading lostwithiel)
They are the psychological aspect of trading and the training aspect which comes in the form of Ryan Watts himself and his Free Trading Room. That was the final straw that brought the search for the Trading Systems or Method Holy Grail to an end. If systems did work so well there would be no discretionary traders left who are the very successful ones in this business.
The key to trading success lies in reading the market well and anticipating its next move as taught with the Watts Trading System rather than blindly following some lagging indicators that are based off price alone.
Online Futures Trading should be kept as simple as possible. That is because it is so highly emotionally charged that you need to make as few decisions as possible when the time to execute comes around. We have bought and traded quite a few stocks, forex, commodities and futures trading systems ourselves and researched and received ample reviews and feedback on the rest from fellow traders on many systems to be able to rate the Watts Trading System as an all around winner which we use ourselves in our daily consistently profitable scalp trading.
It is very versatile and robust and will work in any market and time frame including the FOREX market.
He makes his living by trading and not by selling the system. He makes it available for those who are willing to work hard and succeed at trading. He makes himself available in his Free Live Trading Room for anyone willing to master the system he developed and become a better trader. Candlecharts — Intraday Chart Mastery. Simplertrading — Day Trading Recipes. Fractalflowpro — Price Action Trading Vol. Davelandry — Trading Full Circle.
Davelandry — IPO Course. Simplertrading — The New Ready. Pro System Basic Package.
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