eminiviper.com

I started this topic because some questions I asked and answers I got from cba33558 were getting lost in this rather extensive topic here:

http://www.mypivots.com/forum/topic.asp?TOPIC_ID=2300&whichpage=30

We started this discussion on page 30 of that thread, and I thought I'd move it here so we can continue it (since no one took me up on my offer to start this thread). I'll cut and paste the three posts made after cba33558 posted a chart about eminiviper.com

From 6/8/09:

jimkane: Hey, cba. I checked out that EminiViper.com page. Very impressive. Seems like they don't have any losing days, or even losing trades (or do they not post those?). Is that so? If not, how many stop outs or false signals are you seeing on an average day? It doesn't mean much to me to see winners, I am more interested in the losers I have to take to get those winners. Also, are you the owner of EminiViper.com, or do you work for them? If not, what is your association? If I don't ask, that will likely be the first question from everyone else. Thanks.


cba33558: Hey Jim -

Thanks for visiting the Web site and offering your constructive questions and feedback...

The videos are intended to show the NQ Emini trades that are triggered by the system each day. Currently the system is designed to issue trade signals only the Nasdaq Emini. In addition to the Viper indicator, the system uses a combination of guidance charts and a trading chart that very rarely has a losing trade. With all of these constraints, it should be noted however, that there are not many signals that trigger in any given trading day. Depending on the volatility - usually one or two trades may trigger - a busy day would be 3 trades.

The entire trading system is not shown in the videos; however, all of the details regarding these trade signals are shown in an eBook and training videos. The actual trade signals themselves are analyzed in real-time in the live Webinars. The entire goal of this system was accuracy - not catching every trade.

In answer to your other question, I have been a trader for a little over 12 years now, I am a partner in the firm; and was involved extensively in developing, actively trading and back-testing the Viper system over the past year and a half.

Once again, thank you for your input, and I look forward to opportunity of respectfully participating in your Forum...


jimkane: Thanks for the response, cba. Wow, those are some incredibly impressive stats. Given these are intraday trend trades, it's almost incomprehensible to me. My style is intraday trend trading, and with the 3 to 5 to 1 or sometimes higher reward/risk profiles I'm happy anywhere in the 30% to 50% winners range.

I have a few more questions. Is there a way to follow along and see live trade signals the moment they develop, on a trial basis? The web site mentions visiting a live webinar for a day. Would one see live signals in time to act, or only after they have started? What if no signals are generated that day, can someone try another day? It's very hard to evaluate a system with a one-day trial, especially one that generates only a few signals.

Next, what is the difference between live webinars and live trading room, as far as signals given in real-time? Also, if one signs on to your room and gets all that training, does that do any good without the software? What is the cost of the license, since the website doesn't specify this? I'd love to follow along real-time for a period and evaluate your system, but I'm not sure you have any provisions where I could do that without laying out money first. Again, if I don't ask all these questions, someone else will. Since I'm probably the longest-winded character at this forum, I figured I'd just get the ball rolling. It's not often I hear about a system that has almost no losers at all.

Lastly, if we go much further with this discussion it may be appropriate to move it from this thread to one you or someone else could create in Trading Advisory Services.

Hi All

X Unicorn: I am sure you understand that I am not mother tongue

English / Us language speaking, so could you be so kind to better explain your suggestions in the previous thread ?
I probably miss something or you are talking about things that I franckly, may be, dont know.

Thanks
Regards
Alinghy

pt, you may want to refer to the AT instruction video.

http://www.vipertradingsystems.com/Autotrader.html

Ouch 2grand loss. Was that one contract???

Hey viper team you should add an 8 period EMA and ichimoku, and forget the colors of hull, go long when the EMA close's above the Hull, and the cloud reverse for shorts. Target 3 point winners and 2 point losers all in all out on a 1min chart....Just my 2cents, I bet you want have that kind of draw down again.

quote:

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Originally posted by Alinghy

Here I am,

want to be as transparent as possible:

I am going to post the some images coming from 2nd Pc for testing

operation: here the settings were a little bit different for both

Cobra & Diamondback

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Alinghy, thank you for the detailed presentation.

Have you tried these systems on NQ??

take care.

cheers

The Viper team promised to post AT daily results on the web. Here are the links.

http://www.eminiautotrader.com/DiamondbackAutoES092109.html

http://www.eminiautotrader.com/CobraAutoES092109.html

The latest spin is you should only trade this thing in the morning, before the roosters.

quote:

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Originally posted by CharterJoe

Ouch 2grand loss. Was that one contract???

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2 contracts.

Second day in a row ...

quote:

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Originally posted by pt_emini

quote:

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Originally posted by CharterJoe

Ouch 2grand loss. Was that one contract???

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2 contracts.

Second day in a row ...

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You wouldn't know it by looking at those links, would you?

X PT_EMINI

Just some suggestions: the DiamondBack seemd to be structured to use Range 2, so this is a default.

I followed the Viper seminar of yeasterday (nice time for me 2.00 am ->night<-) and one of the thing that I remeber was that, if I am right, Mr. Boile said that the system seems working in an affordable manner especially between 5.35 am and 8.30 or 9.00 am and this mix roughly with the end of the European markets.
I am very disappointed for a mistake I did today on the 3rd Pc, were I settled up the Cobra and the DiamondBack, eachone with exact default time frame and same for settings as these are delivered, and can assure the results were acceptable. I just set wrong end time on DiamondBack at 7.00 instead of 8.30, for these reason I consider compromized the test, and I dont post it.

I dont think easy to build up a strategy that can run in the proper way, and franckly I am not so skilled to know how to set it up, but as for anything I dont know, I like to learn about, so I like to look at these strategies, without considering to find the Holy Grail.

I think that a good idea could be build a strategy with the participation of all us, many of you are very well skilled as I can hear, and I consider that a so big group could be the expression of a strong building power.

It is also clear that some of us are low or medium level knowledge, but we could learn from the stronger brains among us.

Good evening / night
Alinghy

quote:

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Originally posted by phantasmagoria



The latest spin is you should only trade this thing in the morning, before the roosters.

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ROFL..

man, you are hilarious!

Seriously though, what do you think that this method needs to produce positive results? Please note: method, NOT system.

You certainly know your lsma(21) and Heikin Ashi. How would you trade this sucker??

take care..

quote:

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Originally posted by unicorn

quote:

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Originally posted by Alinghy

Here I am,

want to be as transparent as possible:

I am going to post the some images coming from 2nd Pc for testing

operation: here the settings were a little bit different for both

Cobra & Diamondback

---

Alinghy, thank you for the detailed presentation.

Have you tried these systems on NQ??

take care.

cheers

---

Hi Unicorn. it seems to me these strategies work only with ES

at the moment: meant that if you try to set up one into a chart with a different instrument than ES , it doesnt work at all.

Another question is that it is not possible to run these strategies under the Strategy Analyzer tool in Ninja Trader .

This no nice at all .

regards
Alinghy

Sorry this reply is 2-years late but I just joined the forum.

I know from personal experience that GoToMeeting and GoToWebinar default to showing all users and all comments unless specifically disabled by the Host.

If they're saying what was reported that's a blatant lie.