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- Counter Punch Trader Scam: Up-to-Date Review?
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I am taking the Counterpunch Challenge
I am being bombarded with e-mails. This is a very slick marketing campaign, but 'testimonials', and comments seem to be very guarded and moderated by Netpicks. You already know the answer to your question. I sent an email question to them about a week ago asking about how it backtests, profit factor, etc, and near instantly got the following response: "Hello.
There is a set of rules, not overly complicated that you follow between two different charts that will line up to give you a buy or sell. From there it is our targets and stop placement that takes over from there including moving stops and locking in gains. With that being said, their magic indicator merely appears to be a slow stochastic with some different settings for the 3 and 10 min charts.
I haven't had time yet to throw together their obvious "strategy" into TradeStation to get a real performance report, but no doubt it backtests poorly or else they'd have been marketing that too.
Counter Punch Trader Scam: Up-to-Date Review
If anyone actually bought the package, I'd love to hear from you about any particular "rules" which weren't obvious in the demos to backtest it more accurately. BTW, where do I sign up for the package that teaches you how to sell packages?
That's something that seems to obviously have some profit potential! Anyone actually buy the "system" or have the specific rules? I'm amassing what seems to be most from the videos, but would like the complete set to test. Anything that has a risk of 2. Just to break even every trades you'd need 58 to be winners 1. Now to be fair, I understand there is a money mgt rule so not all losers will go the full 2. If there, is I'd sure appreciate being educated!
Counter Punch Trader
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