Comments on: Win a FREE Lifetime License to the UMT Simple! Find out how… http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/ Watch Live Forex, Future and Stock Trading Results Using the UMT Mon, 07 Jun 2010 19:40:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Peter Thomson Helliwell http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-346 Peter Thomson Helliwell Mon, 25 Aug 2008 23:39:31 +0000 http://netpicks.wordpress.com/?p=127#comment-346 I just looked at the Tradestation account requirements. 1. They only take on traders with 2 years experience: I have only a few months. 2. The financial commitment to open account is prohibitive for those of us just starting out. What other on-line brokers does your system work with and do any of them favour those who are just starting out and do not have $10 to £15,000 to open account? Will your sytem work on the FTSE Rolling 100? Yours Peter T Helliwell I just looked at the Tradestation account requirements.
1. They only take on traders with 2 years experience: I have only a few months.
2. The financial commitment to open account is prohibitive for those of us just starting out.
What other on-line brokers does your system work with and do any of them favour those who are just starting out and do not have $10 to £15,000 to open account?

Will your sytem work on the FTSE Rolling 100?
Yours
Peter T Helliwell

]]> By: frank j http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-345 frank j Wed, 20 Aug 2008 14:15:00 +0000 http://netpicks.wordpress.com/?p=127#comment-345 1)not having the means to buy a good charting system inhibits my success. 2)having a program and people to call upon would definately help. 1)not having the means to buy a good charting system inhibits my success.
2)having a program and people to call upon would definately help.

]]> By: Kulraj Gurm http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-344 Kulraj Gurm Wed, 20 Aug 2008 14:06:20 +0000 http://netpicks.wordpress.com/?p=127#comment-344 1. “What type of obstacles have I run into in the past that have prevented my trading success?” My biggest obstacle in the past has been emotional trading, in particular holding bad trades when I should have bailed before losses got worse. 2. “How will the Universal Market Trader help me attain my goals?” UMT will become part of an overall education process that will help hone systematic logical trading strategies. 1. “What type of obstacles have I run into in the past that have prevented my trading success?”

My biggest obstacle in the past has been emotional trading, in particular holding bad trades when I should have bailed before losses got worse.

2. “How will the Universal Market Trader help me attain my goals?”

UMT will become part of an overall education process that will help hone systematic logical trading strategies.

]]> By: Richard http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-343 Richard Wed, 20 Aug 2008 13:53:56 +0000 http://netpicks.wordpress.com/?p=127#comment-343 1. The biggest obstacle is me. I am my own worst enemy. You setup your rules and trading plan and then start to move away from it as loses come in. 2. The UMT and the UMT Simple will keep me on track with my trading plan, in that, I know that as the loses come in there is going to be winners coming soon which will allow me to stay the course and replace current income which is the ultimate goal. 1. The biggest obstacle is me. I am my own worst enemy. You setup your rules and trading plan and then start to move away from it as loses come in.

2. The UMT and the UMT Simple will keep me on track with my trading plan, in that, I know that as the loses come in there is going to be winners coming soon which will allow me to stay the course and replace current income which is the ultimate goal.

]]> By: Ken http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-342 Ken Wed, 20 Aug 2008 13:40:21 +0000 http://netpicks.wordpress.com/?p=127#comment-342 Q. “What type of obstacles have I run into in the past that have prevented my trading success?” A. Subjective trading methodologies that contributed to wild equity swings. Poor (too non-existent) money management which allowed me to "bet the farm" a few too many times. (Which ended in an abrupt end to my "farming". ;-) Q. “How will the Universal Market Trader help me attain my goals?” A. The Good News? I've got the money-management / position-sizing side of things well under control now. Th Bad News? Still (until I win the UMT ;-) - don't have a real or consistent edge in the markets... Thanks for this opportunity and Good Luck to all! Ken Q. “What type of obstacles have I run into in the past that have prevented my trading success?”
A. Subjective trading methodologies that contributed to wild equity swings.
Poor (too non-existent) money management which allowed me to “bet the farm” a few too many times. (Which ended in an abrupt end to my “farming”. ;-)

Q. “How will the Universal Market Trader help me attain my goals?”
A. The Good News?
I’ve got the money-management / position-sizing side of things well under control now.
Th Bad News?
Still (until I win the UMT ;-) -
don’t have a real or consistent edge in the markets…

Thanks for this opportunity and Good Luck to all!

Ken

]]> By: Ivan Wyatt http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-341 Ivan Wyatt Wed, 20 Aug 2008 13:19:52 +0000 http://netpicks.wordpress.com/?p=127#comment-341 1. My obstacles to success are centered on my inability in the past to develop a trading plan that is consistent, workable, and will allow me to maximize my time and my own abilities. 2. The UMT Plan is straight forward, believable, and with enough technical background to satisfy my need for market competency and soundness. 1. My obstacles to success are centered on my inability in the past to develop a trading plan that is consistent, workable, and will allow me to maximize my time and my own abilities.
2. The UMT Plan is straight forward, believable, and with enough technical background to satisfy my need for market competency and soundness.

]]> By: M. Irani http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-340 M. Irani Wed, 20 Aug 2008 11:51:19 +0000 http://netpicks.wordpress.com/?p=127#comment-340 The biggest obstacle for me has been an ugly combination of the phenomenon of “paralysis by analysis” ( I am a scientist by profession), preventing me from acting in a timely fashion followed by impulsive moves out of frustration. Result? You guessed, an erosion of my account. After watching the Simple 2.0 videos I have been attracted to the methodology for the following reasons: - The sheer simplicity of a sensible, powerful and profitable system with a defined rule-set for both basic and advanced setups. - The favorable risk/reward ratio. - The ability to trade a wide variety of markets using the same tools and rules over and over again (helps becoming proficient as well). - The guidance provided for selecting profitable markets, trading time-frames and trading-times. - The potential to build an account slowly but surely by risking small and predetermined amounts in keeping with the account size and reaping consistent profits over time. This coupled with the power of compounding can work wonders. What will help me specifically as a trader is: - The color based entry signals using just two indicators and price bars to keep me focused. - The exact entry, stop and targets not only calculated by the system for ease of implementation in fast markets but also graphically represented on the charts. This visual effect appears to be a simplified and clever way of following the trades, once entered. - The excellent trading videos (judging from the ones I have seen) to explain all the rules for effective learning. - The live training sessions to dispel my fears and hesitations and build my confidence. - The ability to interact with staff and other traders for help and encouragement. - The sound trading and money management tips (with emphasis on the all important aspect of risk control) for building good trading discipline and not to over trade (will make my family happy). Overall, the UMT Simple 2.0 appears to be an excellent package to help my battered account grow. The biggest obstacle for me has been an ugly combination of the phenomenon of “paralysis by analysis” ( I am a scientist by profession), preventing me from acting in a timely fashion followed by impulsive moves out of frustration. Result? You guessed, an erosion of my account.

After watching the Simple 2.0 videos I have been attracted to the methodology for the following reasons:

- The sheer simplicity of a sensible, powerful and profitable system with a defined rule-set for both basic and advanced setups.
- The favorable risk/reward ratio.
- The ability to trade a wide variety of markets using the same tools and rules over and over again (helps becoming proficient as well).
- The guidance provided for selecting profitable markets, trading time-frames and trading-times.
- The potential to build an account slowly but surely by risking small and predetermined amounts in keeping with the account size and reaping consistent profits over time. This coupled with the power of compounding can work wonders.

What will help me specifically as a trader is:
- The color based entry signals using just two indicators and price bars to keep me focused.
- The exact entry, stop and targets not only calculated by the system for ease of implementation in fast markets but also graphically represented on the charts. This visual effect appears to be a simplified and clever way of following the trades, once entered.
- The excellent trading videos (judging from the ones I have seen) to explain all the rules for effective learning.
- The live training sessions to dispel my fears and hesitations and build my confidence.
- The ability to interact with staff and other traders for help and encouragement.
- The sound trading and money management tips (with emphasis on the all important aspect of risk control) for building good trading discipline and not to over trade (will make my family happy).

Overall, the UMT Simple 2.0 appears to be an excellent package to help my battered account grow.

]]> By: Dean http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-339 Dean Wed, 20 Aug 2008 11:00:17 +0000 http://netpicks.wordpress.com/?p=127#comment-339 1. I constantly want to watch the market to look for profits or losses and take the money and run or cut my losses from preplanned targets or stop losses. Can seem to cut the eCord. 2. Pure and simple, I hHope UMT will instill confidence in me that I can set it and forget it. 1. I constantly want to watch the market to look for profits or losses and take the money and run or cut my losses from preplanned targets or stop losses. Can seem to cut the eCord.

2. Pure and simple, I hHope UMT will instill confidence in me that I can set it and forget it.

]]> By: William Hiew http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-338 William Hiew Wed, 20 Aug 2008 09:54:27 +0000 http://netpicks.wordpress.com/?p=127#comment-338 1. Finding or developing a system that is not onlyprofitable in backtesting, but also in real life trading. A system that i can pull the trigger without emotions and taking all the trades without giving up. 2. UMT simple strategy is a system that is easy to follow and easy to identify the trading signals without too much judgement. Its either a trade, or isn't a trade and isnt subjective. This makes it easy to pull the trigger and to take the trades, while letting the system work itself out over the weeks and months. 1. Finding or developing a system that is not onlyprofitable in backtesting, but also in real life trading. A system that i can pull the trigger without emotions and taking all the trades without giving up.

2. UMT simple strategy is a system that is easy to follow and easy to identify the trading signals without too much judgement. Its either a trade, or isn’t a trade and isnt subjective. This makes it easy to pull the trigger and to take the trades, while letting the system work itself out over the weeks and months.

]]> By: Tony Gee http://www.umttrading.com/2008/08/14/win-a-free-lifetime-license-to-the-umt-simple-find-out-how/comment-page-3/#comment-337 Tony Gee Wed, 20 Aug 2008 08:24:16 +0000 http://netpicks.wordpress.com/?p=127#comment-337 I have traded the forex everyday for over 3 years now and at the end of each year I have ended up with big loses. Yet I truely believe forex can bring me financial freedom. But It's been wearing me down physically, my eyes have gotten bad, my wrist is always aching, and my neck and shoulders are constantly sore. I've tried indicators, charting, candlesticks, automatic trading with EAs, signal providers, news trading, coaching, etc. None of them have consistently made me profitable. I've made over 300% in a month and won a few contest, but eventually I lose all my money. My problem has been not knowing when to get out of a trade and being emotional especially when there is a big downdraw. And also being to greedy. Oftentime I seem to get into a trade at the top or bottom which stresses me out and I end up not getting sleep. UMT will offer me a chance to live a life that is not behind a computer all day, stressing over whether my trade is currently going bad. I make trading too complicated with all the trading tools I have. UMT will cause me to Keep It Simple Stupid. It will provide me with a simple mechanical system that will make me consistent profits time and time again. I have traded the forex everyday for over 3 years now and at the end of each year I have ended up with big loses. Yet I truely believe forex can bring me financial freedom. But It’s been wearing me down physically, my eyes have gotten bad, my wrist is always aching, and my neck and shoulders are constantly sore. I’ve tried indicators, charting, candlesticks, automatic trading with EAs, signal providers, news trading, coaching, etc. None of them have consistently made me profitable. I’ve made over 300% in a month and won a few contest, but eventually I lose all my money. My problem has been not knowing when to get out of a trade and being emotional especially when there is a big downdraw. And also being to greedy. Oftentime I seem to get into a trade at the top or bottom which stresses me out and I end up not getting sleep.

UMT will offer me a chance to live a life that is not behind a computer all day, stressing over whether my trade is currently going bad. I make trading too complicated with all the trading tools I have. UMT will cause me to Keep It Simple Stupid. It will provide me with a simple mechanical system that will make me consistent profits time and time again.

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