one thing I will say, that even if we took away the market
updates (didn't do them at all), this website is cheap.
Prices are the same as they were back in 2004 and I have added a
lot to the website since then. Plus the mechanical systems
alone are worth the membership price. Go look at
'thecollective', they have mech systems there, but they are black
boxes (don't tell you the parameters), and the good ones will cost
you $300 - $400 per month! Find a website out there that
freely gives out parameters to their systems? Most do not,
and the ones that do are insanely expensive.
Plus, I have a lot of custom useful indicators here that are
useful for market trends such as the NAAD, NYSI etc, the gold
stock systems like the GDX/GLD ratios etc. We have a lot of
stuff. Now could it be organized better? Yes of course,
that's what I'm working on, getting all this stuff into organized
sections instead of spread out through the newsletters.
I have a mechanical system for trading GDX which is very good,
but I have not released yet. But with these complaints,
should I really release it? I work my ass off and get beat up
for it. Maybe I should just shut BPT down and have
systems website, but charge a lot more for it, it's getting to be
not worth my time.
Posted by stevedfw on 30th of Oct 2009 at 06:04 pm
I came from one of those "other sites" that gave "strong
opinions" every night. By following them I came to BPT with
my account down over 25%. I have been a BPT member a couple
months now. I have recovered all that I had lost with the other
site plus I have made much more thanks to Matt, Steve and many
others on this site.
Matt, please, please release the GDX mechanical system,
LOL.
lol - you guys would flip out, the GDX swing system went short
on 10/22, 5 trading days ago at $47 wow, and it scaled out of a lot
of the position today.
Posted by stevedfw on 30th of Oct 2009 at 06:27 pm
I went short GDX this week at $44.69 based on your $BPGDM/EMA 20
Crossover.
Also, went short XLE this week at $57.48 based on your
$BPENER/EMA 9 Crossover. Waited all day to buy XLE after the
signal the prior day after close. Got a fantastic price since
I followed your advise on watching the 60 period Stochastics on the
5 min charts.
may I make the following suggestion: regarding those very few
people on BPT who want definitive answers as to what the market
WILL do the NEXT DAY (!), and who want their hand held every step
of the way... refund them the remainder of their subscription and
ask them to be on their way. For their own good, they really
shouldn't be trading the market.
The rest of us TRULY appreciate all the hard work and invaluable
information that you and Steve put into BPT. Thanks, and keep it
up!
Most of us praise all that you and steve do. There will always
be some that don't appreciate all the time and effort you put in. I
have been a member for only over a year, but have learned much and
still learn thanks to you and steve. KEEP IT UP !
one thing I will say,
Amazing newsletter last night, Steve
Posted by matt on 30th of Oct 2009 at 10:25 am
one thing I will say, that even if we took away the market updates (didn't do them at all), this website is cheap. Prices are the same as they were back in 2004 and I have added a lot to the website since then. Plus the mechanical systems alone are worth the membership price. Go look at 'thecollective', they have mech systems there, but they are black boxes (don't tell you the parameters), and the good ones will cost you $300 - $400 per month! Find a website out there that freely gives out parameters to their systems? Most do not, and the ones that do are insanely expensive.
Plus, I have a lot of custom useful indicators here that are useful for market trends such as the NAAD, NYSI etc, the gold stock systems like the GDX/GLD ratios etc. We have a lot of stuff. Now could it be organized better? Yes of course, that's what I'm working on, getting all this stuff into organized sections instead of spread out through the newsletters.
I have a mechanical system for trading GDX which is very good, but I have not released yet. But with these complaints, should I really release it? I work my ass off and get beat up for it. Maybe I should just shut BPT down and have systems website, but charge a lot more for it, it's getting to be not worth my time.
I came from one of
Posted by stevedfw on 30th of Oct 2009 at 06:04 pm
I came from one of those "other sites" that gave "strong opinions" every night. By following them I came to BPT with my account down over 25%. I have been a BPT member a couple months now. I have recovered all that I had lost with the other site plus I have made much more thanks to Matt, Steve and many others on this site.
Matt, please, please release the GDX mechanical system, LOL.
lol - you guys would
Posted by matt on 30th of Oct 2009 at 06:09 pm
lol - you guys would flip out, the GDX swing system went short on 10/22, 5 trading days ago at $47 wow, and it scaled out of a lot of the position today.
I went short GDX this
Posted by stevedfw on 30th of Oct 2009 at 06:27 pm
I went short GDX this week at $44.69 based on your $BPGDM/EMA 20 Crossover.
Also, went short XLE this week at $57.48 based on your $BPENER/EMA 9 Crossover. Waited all day to buy XLE after the signal the prior day after close. Got a fantastic price since I followed your advise on watching the 60 period Stochastics on the 5 min charts.
Great Stuff!
Matt you guys do great
Posted by brucewayne on 30th of Oct 2009 at 10:59 am
Matt you guys do great work in the depth of content you provide...I'd be a little bummed if you shut down the site
Matt
Posted by isplat on 30th of Oct 2009 at 10:37 am
may I make the following suggestion: regarding those very few people on BPT who want definitive answers as to what the market WILL do the NEXT DAY (!), and who want their hand held every step of the way... refund them the remainder of their subscription and ask them to be on their way. For their own good, they really shouldn't be trading the market.
The rest of us TRULY appreciate all the hard work and invaluable information that you and Steve put into BPT. Thanks, and keep it up!
isplat, thats the best post
Posted by cwa82675 on 30th of Oct 2009 at 10:39 am
isplat, thats the best post of the day.
Feathers Ruffled?
Posted by rogerv on 30th of Oct 2009 at 10:32 am
Most of us praise all that you and steve do. There will always be some that don't appreciate all the time and effort you put in. I have been a member for only over a year, but have learned much and still learn thanks to you and steve. KEEP IT UP !
Matt and Steve, you are
Posted by rnix on 30th of Oct 2009 at 10:32 am
Matt and Steve, you are pasionate about your website, your trade suggestions and market analysis are great.