Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
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The other thread is quite exhaustive in detail and many people provided input to a great dicussion.Gary Stone: Before adding my 2 cents worth I would like to say that there are many many of our customers that could have answered all the questions on this thread in the same way that Look Left did, particularly all the questions on the SPA3 EDGE (% winners, % losers etc).
why couldnt i save money and put the same filters on a cheaper charting program?
... guess I need to work out the best filters to use.. any ideas??
I'll provide my ETrade broker records to this public forum, for the same period as the audit along with a similar portfolio chart and trade history. This should provide a good comparison showing that the trades differ but were both profitable. There are only 3 conditions:Cheers!
- I shall remove any personal details for privacy and security reasons.
- There is no way I can prove these trades were done with the SPA3 system. I can't get around the laws unless you own SPA3.
- Before doing so, you publicly accept that this is enough proof and won't back down by asking for more evidence that I use SPA3 or that its a scam/spam. If I make a mistake or something isn't clear of course I will discuss it; no issue there.
Since "This market" has been gripped by bad news for around for 6 months or more I have attached zoomed charts for January onwards, including this weeks falls.
The ShareFinder portfolio has dropped about 14%, since a new high was made in May. This is by no means the worst drawdown it has experienced. You may see in the older pictures below it it reached about 19% at the end of 2003, which was a long slow bear market. Putting this in perspective of the overall performance since 2001, IMHO this is just a must have glitch on the screen. The stat's say it only has 47% of it's cash currently at risk in the market. This is part of the money and risk management rules.
My portfolio has faired worse because as I said I made some mistakes. I'm currently down about 23%. I didn't make that new high in May.I only have 35% of my cash at risk in the market.
A bit of everything. There are signals provided to tell you when conditions aren't favourable and the guidelines adjust your position sizes based on these factors, along with a few other factors that are fully explained in the manual. (As mentioned in the other thread, nothing is hidden). In addition the amount of buy signals tends to fluctuate in line with the market conditions, which helps keep your money out of the market.Does the system recognise when the market conditions are no good for it and switch itself off? Or are there signs so the user can switch it off and switch it back on when the markets are favourable to it again? Or does it just stop giving signals?
Absolutely not. All the portfolio charts I've attached have shown it has good and bad periods. Not even the best traders in the world make profit every day or every month. That's why Money and Risk management are much more important than having a positive expectancy technical signal by itself.Surely it can't be profitable over all market conditions?
Does the system recongise when the market conditions are no good for it and switch itself off? Or are there signs so the user can switch it off and switch it back on when the markets are favourable to it again? Or does it just stop giving signals?
Surely it can't be profitable over all market conditions?
They have only just released the CFD version so i don't think a live portfolio is available to view.With CFD's is there really a bad time in the market? Would I really like to find out how the CFD version has preformed over the last 6months.
I don't know about you but I keep leaving my crystal ball in my other jacketWith a bit of FA (and maybe common sense) I would have got in on some of the resource / metals sector eg BHP, STO, NCM. RIO, WPL. look how much they have gained in a bear market.
Did SPA3 have any recommendation to go long on these stock?
The standard setup for SPA3 looks at just about every stock on the ASX if its liquid enough to trade. Given that you can only have so many trades open at one time, the chance of having mostly bluechips is slim. If you so desire, all the tools are available to alter and back test SPA3 on a subset of stocks, eg the ASX500. Personally, I wouldn't restrict myself to just bluechips; as a trader they just don't move enough.Looking at your Etrade stament, the companies traded seemed to be low cap/ higher beta stock, Does spa3 trade many blue chip shares?
I had to check this in the Sharefinder portfolio. Yes they do but since you might not be in a stock when they go ex-div, overall they only contribute a small amount. But still with compounding everything helps.Does SPA3 take dividends into count?
Where to start with this comment. No offence but this shows a clear lack of understanding about CFDs and the market in general.With CFD's is there really a bad time in the market?
With a bit of FA (and maybe common sense) I would have got in on some of the resource / metals sector eg BHP, STO, NCM. RIO, WPL. look how much they have gained in a bear market.
Excuse also my suspicions about your identities. Its just that to have two new members on the forum, discussing a commercial product, in tandem, in a dumb/expert duo, much as one would find on a television advertisement for washing powder, is a bit of a coincidence.
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Pennywise, I couldn't agree more. I've been a member of this forum for some time and originally joined to widen my knowledge of what else is out there. Initially, I just read many of the posts but became a bit disheartened by the lack of respect and content from many posters, which put me off posting myselfCould you please explain to me what a forum is?
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Not a nice welcome to a forum,
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Anyhow ... GG how did you start out in your journey on knowledge? can you give me a few pointers?
......... I think I've gone beyond the norm in staying civilised and providing evidence to every aggressive quip. I'm no expert in trading and try not to force my methods on anyone else. If someone asks a question on something I know about then I can offer an opinion which can be accepted or rejected........
The point is selectively picking a subset of signals a year after they happened is a scam.
Thats what is wrong with these things they look good in hind site but impossible to implement in real time. Because of the number of signals they trigger.
If you/they carn't dig up proof of someone implementing the system in REAL life then why should anyone pay for it ?????????????????????????????????
Because each month there is more money in my BROKERS account than at the start.
There is a random distribution between wins and losses for any given set of variables that define an edge.
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