Here's why it doesn't work

Here's why it doesn't work. Got 2 dow behaviours, one time the other trend points. Its got positive divergence and.....it carries on down.

So easy to annotate a chart in hindsight

Why hasn't anybody asked for a refund as they've been scammed?

Not worth arguing with him, as he's just an argumentative C*N^.

They're too embarrassed to have anything to do with his BS method.

He will always come up with a smart arse answer, where you can't win, as he's always right!

In summary, his method is very subjective, what might not look like a head and shoulders to you, Stuart would make sure it is. What might not look like positive divergence at the time it takes off, after the event it's bleeding obvious!

Why bother with him.....treat it as a sunk cost and lesson learnt.

Wheres the trades today?

His guarantee is bullshit, wheres the 100 point trades today? There are none, except for a couple of double tops , double bottoms, with positive negative divergence which will yield you 10 points if that.

There was no way you would get into the strong move up after it reversed back down from the open. Wait a minute, I'm sure Stuart would find something!

Nice Try on T2W

Well that surely brought the rat out of his hole.

I certainly done the homework, I back tested it like no tomorrow, I paper traded it, I live traded it, I took screen shots, I analysed every trade after the close and the conclusion was to give it up, it's not worth the effort.

So you don't need the money then Stuart!

Why are you charging them $100 upgrade fee then? $100 *10-15 = $1000/1500, nice little sum.

Why are you charging $250 per month for some indicators in Tradestation when already your poor Students have paid you enough money? None of them will be upgrading as they REFUSE to pay you one more dime.

Why then are you then increasing it to $750 per month?

Why have you increased the cost of your course to $4,500? Even the crappy chart reading course has gone up by $1000!

You trying to make out that you get what you pay for, it's better than institutional software? Give us a break. You live in la la land, or even better still "Neverland".

I'll tell you what. Why don't you put up or shut up, where's your trades you were going to show us? If you want to muster what little respect people have for you, show us some trade statements with charts showing how the method worked, then the wider community might give you a second chance. We're not the ones selling a method, YOU ARE! So you have everything to gain by doing this.

Come on, be the big man that you say you are and show us some REAL trades, none of your photo shopped fraud artworks.

If you don't, then everyone will see what a fraud you really are.

So what is the truth?

Here's what I think.

As he can't trade himself, just develop software, he's had a brainwave to make some money and scam naive newbies into his methodology.

He's sat at his desk for a length of time and studied the Dow chart, noting down familiar patterns, and why it reverses, example, hit an untouched stop from yesterday, hit a round number etc. He's bascially jotted down his thoughts into a so called methodology that cannot practically be applied. Well, it works when it doesn't, a broken clock is at least right once a day!

He's developed some software to aid the method, recorded some videos explain in hindsight what happened on that day, put together some PDF's with pictures and then started charging people $4k, explaining to people that they will be millionaires by the end of the year, as you will TRADE LIKE AN INSTITUTIONAL TRADER!!!! All very good marketing.

Not once in any of his PDF's are entries, stops and exits shown, just a discussion of what has happened.

Is it mechanical?

Mechanical....this is open to interpretation. To follow a set of robust and rigid rules. Well, Stuarts rules are all over the place, 1 min he's saying 100% of your long entries are when MACD>=0, next he's saying as long as there's divergence.

Would mechanical mean you get an entry signal? Well you don't. You get =if(x+y+z)and(a+b+c) OR(if(d+e=f)AND (Y/2*4) THEN "Pull Trade". Something like this. It's just so subjective, has a reverse head and shoulders plotted? Is the right shoulder higher than left? has it made a higher high? What's the time from last cycle low? 15/30/45 mins? S1 which means lowest support point was 30 minutes ago, were now in a DRUP its at mid keltner this should now be a UC, weve got 30 mins since S1, were at 8550, theres positive divergence, right, it all lines up, click........oooops.... it carries on down taking out S1 and going lower.

This is so common. Not even Tradestation is going to give you any signals, just MAYBE signals.

Mechanical should be:

a) a clear set of rules

b) completely mechanical, it gives a signal, an entry price, target and stops