Rank: Newbie
Groups: Registered, Registered Users Joined: 9/7/2010(UTC) Posts: 3
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Can you kindly share your experience day trading using Metastock Pro? What programs and/or sytems do you use? What works really well?
Looking forward to hear from you :-)
pitbull
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 6/10/2009(UTC) Posts: 33
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I Use it for day trading and I am using Turtle as well as fractal trading for day trading with reasoanble success (60%). it works well.
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Rank: Newbie
Groups: Registered, Registered Users Joined: 9/7/2010(UTC) Posts: 3
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Thank you for your reply:-) Have you ever tried using the RMO system? I was told it's one of the best (if not THE best) day trading systems out there. Have you ever tried it? If yes, what was your success rate?
Thanking you in advance,
pitbull
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 4/5/2010(UTC) Posts: 15
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Hi Pitbull, I've tried using the RMO on the FTSE intraday. Its been pretty good, but it really depends on the timescale. On an hourly timeframe it seems to be the best, on lower timeframes it gets whipped about too much and you would end up losing money regardless of stop. However hourly charts is hardly day trading! I've had no success other than end of day where the RMO has been successful, but you would get a far more accurate "system" by simply using ichimoku clouds.
It falls well short of being the best system
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