I have not yet bought the system, but have been trading it on Sim for the past 4+ weeks. I am not a new trader, but a bit seasoned (4-6 years PT/FT). In my Sim account I have done very very well using 20 contracts and sometimes 5 contracts as a probe. Since I am not a new trader, I use other indicators on my charts and I have other info to help guide me in the best direction for the market. On average, I grossed $25,000+ a week using the Sim account with tight stops and sometimes 5pts stops. For the Newbie trader I recommend this system, but also give a warning that you should use this system to supplement what you are currently doing. Use continue education to help better your system of doing things. No system is fail proof, but John appears honest if you listen to him and read these post. But don't go off that. Study about trading the E-Mini and find your own style and then use his together to better your odds. There is nothing wrong with him trying to make a buck. Capitalism. KISS. Need I say more? Have you ever tried running a business from an idea you got? Do you know how hard it is to sell that idea and profit and give customer service? Put yourself in his personal shoes?
Again, I haven't yet bought the system, but feel that just with the free 3 chapters, and my experience, it was more than enough. To give a peak into how I was able to use his system to do that well in the Sim, I will share a bit below to validate that it works.
I wait until 7:30am (PST) and watch a 60, 30, 15, etc... charts with my MA. I also have charts of the Bonds, Gold & ViX glaring at me. Then I have the TICK, TRIN, ADV vs DECL, INDEX"S, PUT CALL RATIO'S etc... on a quote screen using E-Signal. That along with a bit more (I have 18 monitors in my home office), I was able to use critical thinking (experience & knowledge) to make the best guess on market direction. I make sure there is a perponderance (if spelled correctly) of evidence before pushing the NT button using John's parameters. Meanwhile, 9 out of 10 times, the market went well. If I failed, I was quick to use NT Rev button and go the other direction, again due to what I stated above. I was averaging $5,000 a day or more. Finished. John's methods 90% of the time was profitable and I was done before 9-10 (PST). I was using $10,000 in the SIM account and sometimes ($50,000). So again, I used it every single day PERIOD. And still use it. I will be going live with it soon, but wanted to check everything out before I proceed, and I recommend you to do the same. Do your due diligence on anything & everything, and expect what you put out is what you will get. Do the homework, put in the time, be consistent. Study. His price is reasonable and I guess if you work hard at it, it will pay for itself in the first week, if not, the first day! Study people! :idea:
PS.
The other dude, who was complaining, to season traders, its obvious you don't know what your doing. You seem like the type that looks for the bad in things first, and don't do your due diligence prior. Trading is a business (to me). Treat it very serious or get back on the freeway like the rest of them!
One serious trader to the next.