ETF Timer
I also like ETF Timer, but I want to correct the logic in the last review. Anytime is a good time to invest in a good system (up or down). A draw down is NOT an indication of a future gain.
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ETF Timer
This is a great system - better than anything else on C2 that I have tried. My only regret is not putting more equity into the system. The recent draw down is nothing to fret over - happens to all systems - arguably now is one of the best times to invest in ETF Timer as systems tend to mean revert to their normal performance. If you can't handle a 5-10% draw down then all of your money should be in short term treasuries
ETF Timer
Ive been with ETF Timer for 2 months, and took all 3 losses. Am i mad ? NO ! why ? because losing is part of the game. If you cannot handle this type of trading, may I recommend that you go see your banker , and put your money in a 5 yrs GIC. STOP WHINNYING !
barracuda
I've been a subscriber since the end of '09, and I'm convinced this system works. There have been a couple of months with relatively flat performance, but the "home-run" months of February and July have kept the overall return quite high. Vendor is very responsive to subscribers' emails. All trades have stops and there is no overnight risk. Highly recommended.
ETF Timer
Good trades are sugar, and bad ones are flour... but if you want to eat the cake, you need the last ingredient: time in the oven. I have just started with this system, but I think Jim has been statiscally inside. Markets are more sensible to the news than before. Go ahead Jim, do not let emotions affect your decisions for the next trade.
ETF Timer
Diversify!!! There is enough system here to build a diversify portfolio. I am a REALLY satisfy customer of ETF Timer, and my portfolio is up this month even do ETF timer is down. Plus what can you expect, to run at 65 percent return a year, you need to be able to sustain some drawdown, Otherwise try to build such a sucessfull system, you will see that it is not an easy task.
ETF Timer
Obviously there are a few ignorant subscribers. I have been here a couple years and this system is clearly one of the best. If you cant handle a small drawdown you should not trade. Call you mommy!!
ETF Timer
I have been a member for over 4 months and have been happy with the programmer. That being said, multiple losing trades in a row is somewhat of a concern and I am curious to see how/if he can make money in a non-trending market. I agree that you have to look at the long-term perspective and how hes done over the past 2 1/2 year, but any more consecutive losing trades and I"m definitely going to have to start questioning following this system moving forward.
EMD Day Trader
Vendor communicates well with subscribers, provides updated back test results and is willing to make adjustments if drawdown exceeds a certain limit. With a nice performance history of 9 month he deserves at least 4 stars in my book.
ETF Timer
Why are you people being so critical of this short term slump. If your playing for the short term you probably should not be in the market anyway. The guy has annualized 66 percent over the last 2 1/2 years and people have the nerve to give him 2 stars for a 2 month slump. How pathetic.
ETF Timer
I am a new subscriber and I got the three losing trades in a row, consequently I cannot say I am happy with this system. It is true that markets are in a trading range and its not so easy to trade this kind of patterns. But I noticed that ETF Timer owner is very slow in catching the right trend, apart the fact that he completely wronged the last three. For example, now it is time to go long and it is not clear why staying cash.
ETF Timer
Look at all the latest comments, you will realize that trading is not EASY!
People expect a system to catch all those ups and downs and when there is a drawdown they would panic. Drawdowns are inevitable for any systems. Higher returns and higher drawdowns. Jim is doing a great job in handling these periods.
ETF Timer
The system metrics show a 15 percent probability of a 10 percent loss. Seems we are in the middle of one. It looks like Jim will tighten the stop loss which is the right thing to do until we get back on track. Not a good idea to change the system due to a slump. In a contrarian sense, I think the market will find a trend now that the crowd declaring a trendless market.
ETF Timer
As a newer subscriber so far this has been an extremely disappointing system. Obviously the historical results are impressive, but having joined recently and matching the starting equity...being down well over $10K in short order is brutal. To all those who have gains from the system that are being eaten into, much easier to stomach than it coming straight out of your pocket. The timing of the last 2 trades have been very questionable imo.
ETF Timer
The developer has an amazing track record for 2008/2009. But, none of us have any idea what he is doing, other than it is probably trend-based. We had a decline, then a rally of historic proportions. The key question the developer should comment on is: based on his knowledge of the system, how does HE expect the system to perform in a choppy, non-trending market. Seems to me the system is performing poorly at present...) I also think he needs to explain a bit more what he is doing, when the system works, and when it is expected to breakdown, so that we can make informed decisions rather than just "having faith in him".
ETF Timer
Generally I like this system ETF Timer. However I think the Signal provider is limiting his System, by mostly only giving signals near the end of the day as Smart Phones mobile trading is now possible. I was also a Bit miffed, by the timing of latest signal, ie 21st Jul, when there is so much uncertainty regarding Market direction following the imminent European Stress tests due Friday 23rd Jul.
PIPALERT
Use system at own peril. Although winning percentage is high, vendor uses no stop losses and waits for reversal back. Very dangerous as can see from closing trade on 7/15/10. Need an iron stomach for those drawdowns.
eminialerts
Impressive equity curve, but beware of the hidden risks with this system. If you download the historical trades you'll see a couple of trades with really big drawdowns (17% and 22%). Those trades recovered, but sooner or later the market will keep moving against one of those highly leveraged positions. It's too much risk for me, so I unsubscribed before I started trading it.
Professional Forex
simply the best system ever . I tried everything but this system is by far number one
thanks for the genius behind it
JV Long/Short Equity
I was lucky to start relatively early and reaped great rewards. Now the system is doing its best to adapt to the changed market. Some people who autotraded at OX complaint that they did not get filled at the short sales, however, the vendor who communicates with subs frequently warned against using OX. OX, in my opinion, might work for options but is a very poor choice for autotrading stock and futures systems. ID
ETF Timer
I think it is somewhat funny that a previous poster stated how the system is a trending system only and a couple of trades dont mean anything. I am very impressed witj the results. te. This system is up 20 percent YTD. Is the Nasdaq up that much? The results of this system since inception is speaks for itself..
ETF Timer
It seems the system is more of a trend following system than a range bound system(buy/sell based on overbought/oversold conditions).
The system performs extremely well on Strong Down trend year (2008) and Strong Up trend year (2009). However, the system can choke on range bound(no clear trend) market, such as year 2010.
On 07/06/2010, market clearly showed a double bottom for QQQQ and very likely to rebound for the following days. However, the developer insists to short the market at that point and ended a losing trade.
ETF Timer
Past results is not a good indicator of the future and the last 2 or 3 or even 30 or so trades is not a significant amount of trades to draw any conclusions about performance.
Futures Wiz
Careful or the wiz will wiz your cash down the drain. Removes stops he has when price gets close then adds to the losing positions to magnify loss in desperate attempt to recoup. Trades then turn into disaster.
ETF Timer
Two loosing trades in raw! Previous trade was very positive and became looser @ the end. Is the system stop working??