2022-11-18 in Feedback, Losing

Name: Michael Termini
Email: [email protected]


How long have you been working with 8 Minute Trader?

July/August 2022


Are you winning more or losing more trades?

Losing


Is 8 Minute Trader better or not as good as other systems you have used in the past?

Not better than at the anything out there. Sal’s stad tistics do not hold. I ran a 20 day study with me and Mo’s trades and he is at 54%, not 70%. And the losses keep eating up the gains. * There are not the number of quality trades we need to make any money in the deal. * The accuracy throughout the day is no better than anything else and it ends up making me sit glued to my computer to find a decent setup. * I will give the new STACT s/w a whirl but there is not much here at the moment.


What is your opinion of Sal?

He believes what he is saying. The facts just do not support it. Sal wants to take anecdotal events and apply them across the entire trading population of the group and it is just not there.


Do you plan to stick with 8 Minute Trader or are you looking for something more reliable?

looking for something more reliable


Do you feel you were mislead or that 8 Minute Trader/Scalper alerts were in any way misrepresented?

Well yes, we were told we were getting a mostly automated system. But the more we study this the more it is clear there will never be anything that is automated.


What was the main reason you joined 8 Minute Trader?

Looking for something that was somewhat automated that could reduce my human error and provide greater consistency in trading results.


Please share any personal thoughts, emotions, anger, joy, that you may have relating to your 8 Minute Trader Experience.

it would have been great if it coulda, woulda, shoulda. It just didn’t and can’t. Sal’s attempts at shaming folks because they are not getting the results does not cut it.