Futures Trading Secrets Reviews

2 of 3 people found this review helpful

I am the course developer and I trade regualarly. All my students or interested paries may contact me at any time to get their questions answered. These reviewers were obviously not users of my course because they never left any contact information. Hundreds of professionals and amatuers have used this program successfully in the last 10 years.

7 of 10 people found this review helpful

If want to lose your money then trade the way this guy does it. Who in their right mind would trade in and out scalping for a measly 1 -2 pts. in the ES. Switching positions at the drop of a hat.

First of all - if it were real money on the line I can promise you, he would never ever trade this way. So his demonstration on the videos are a very poor example of real trading with real money on the line.

Secondly there is no way you would be able to change positions that fast and if he didn't speed up that simulator his signals would be a lot slower. Especially trading the ES market, which is like watching wet paint dry for hours some times.

I wish I had saved my money instead of wasting it on this clown. If he used real money to trade this system I could respect that, but using fake money with no emotions attached does not provide an accurate picture of how well this system really works in my opinion.

11 of 13 people found this review helpful

The system basically consists of a dual chart, and a True Strength Index smoothed by a moving average. In the videos, Bill would have you believe that he takes almost every trade with a positive outcome, but anyone can do that in hindsight. Incidentally, he calls his indicator an "Ergodic" non-lagging indicator---but in reality, the indicator is almost virtually the same as a True Strength Index---and the TSI is definitely NOT a NON-LAGGING indicator. I found his manual which accompanies the videos to be extremely poorly written, about equivalent to a freshmen in high school. Horrible spelling and grammar. Overall, you're supposed to take long trades when the indicator moving average crosses over or under and sell when a Pesavento line appears (as contained in the software code supplied to Ensign charts which you must use to trade the system).

The system offers nothing more than any other basic moving average, cross over system---and such systems simply don't work very well. I was extremely disapointed, wasted 900 bucks, and didn't find anything at all "Secret" about FUTURES TRADING SECRETS. I would pass on this one.

4 of 6 people found this review helpful

I have never written a testimonial before. Partly because of the fact that I did not have the time to write the feedback and partly because of the fact that I have never come across anything as impressive as the work that Bill McCready has done. Spending more is something that I am not so fond of but in spite of that, I have to say that the Futures Trading Secrets system is worth more than its price. If I had the opportunity of getting to know the various concepts that Bill McCready mentions in the Futures Trading System, I would be a much better trader many years back. But t is never late than never. The fact that Futures trading system does not have any black boxes, solutions or fixed answers for the trading community, define the simplicity of the system. I really have a lot to thank Bill McCready and team for enabling and helping in the process of my futures trading career.

3 of 4 people found this review helpful

If there is one thing that I can say about Bill McCready’s book Futures Trading Secrets is the fact that it is one of the simplest books that you will find on trading. And that does not mean that the complex concepts are not explained. This is one book that you will refer to and one that will not lie and gather dust in the book shelf. Thanks Bill!