stevespray
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And don't know wheather people have heard of the Net Trap system? I'm not much of a fan of that system eigther, but one thing I have to give credit with the Net Trap system is that, if the market conditions looks unfavourable it gives you a signal not to trade. With DIT there is no such signal, you just dive in.
Correct!
Over the years I've read many books on trading. I generally take one with me on beach holidays because I can only absorb information when I'm relaxed. One thing that many of the intra day traders comment on is 'the state of the market'. In effect a trader can be in one of three positions; Long, Short or Flat. Most of the famous traders constantly comment on how long the spend 'flat' waiting for the moment to enter. That would be another thing against DIT in my opinion - it makes no attempt to filter trades based on even simple price analysis - this leads the system into 'over trading' (I mentioned this in an earlier post - each trade costs 2 index points to enter and the system trades over 20 times per month).
I've seen Forex Net Trap and again results don't seem to be quite as good as the advertising suggests but your point is very valid - the system at least analyses price action in order to select slightly more advantagous set ups.