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Reviews of Break Out and Reverse Ver 1

Break Out and Reverse Ver 1

I liked the system premise detailed on the site, and the web-site of the developer. A few good trades/good gains, but the net (negative) trend in equity over the last two months is more than i am comfortable with, especially if compared with a couple of other systems i am using, which are either flat or up. i don't have enough insight into the system to infer why it is not working at present, and if temporary or just not a viable system, but have decided to drop subscription. Best wishes to all for good trading in 2011!

Break Out and Reverse Ver 1

Lured into autotrading this by its incredible smooth growth Apr-Jun 2010, but noticed that it'll make money only when the market makes sustained trends within the day, which is rare. The norm of the market is daily whipsaw and the system suffered constantly. I am not sure the system design/setup is a viable one. Glad I stopped autotrading at end of Sep 2010 with a $200 gain net sub fee, hence avoiding major losses since then.