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I have been involved in trading for over 10 years, both as a self directed trader and as an industry professional working at several hedge funds and owning and operating a broker-dealer specializing in day trading and institutional trading. I happened to come across Netpicks on the internet and although I was skeptical, I tried out their free subscription offer for their spot forex trading service. My apprehension did not last long. Almost immediately I realized that the principals at Netpicks are hardworking dedicated individuals who really knew what they were doing. Although this was the first trading service I ever subscribed to, I confidently can say that they are better than 99% (maybe even 100%) of the firms pushing their own trading services.
Based on my experience with Netpicks, I was really excited when they announced the Universal Market Trader system. I have been using this system, both live and paper trading since they rolled it out 2 months ago, and I can honestly say that I’m extremely impressed. I absolutely LOVE this system. It is the most accurate system that I have ever come across and just as important, it is easy to learn and apply. After all, what good is a system if it’s overly complicated to implement. The system is also incredibly flexible across all liquid instruments and time frames, so if you want to day trade, swing trade or position trade, this system can handle it all. I believe this system will be consistent in almost any market environment, because the system is dynamic, so if the market slows down, the targets will become tighter, so the percentage of wins to losses should not change all that much (keeping your profitability relatively steady). Also, you can easily adjust the system by increasing or decreasing the time frame to be more in tandem with the specific market’s trading behavior.
NetPicks is committed to continuously improving the system and educating their customers. I highly recommend this product to anyone involved in the markets and that includes beginners as well as experienced traders. Do not hesitate to give it a try and I think you will make a dramatic improvement to your trading P&L within 1 2 months, if not sooner. --Stephen Fox
"I have spent more than $25K on software and training over the last 3 years, and after testing the UMT system for 4 weeks, I know I will be making some serious money. I have not seen anything better. I use TradeStation and Ninja trader to enter the trades, I believe this is a combination that is perfectly suited for simplifying the entry of trades for this system. I suspect the blow away results day was July 26th.My results for that day netted 45.5 points per contract on 28 trades, 26 win.ners (including 4 where stops were moved to protect prof.its). My only regret is that I had promised to spend the Month of July learning the system, so after 2 wins the rest of the trading was on the Ninja simulator. I recommend that you go through that day and pick out all the trades the system generates. It will be a great experience. July 27th was almost as good. To learn, I have run over 200 trades through the system in the last 2 weeks with more than 75% win.ners. The only losing day was July 19th."
- Victor Klaas
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