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NetPicks, LLC
9400 Macarthur Blvd
124-417
Irving, TX 75063
Phone: (949) 481-2396
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Universal Market Trader Trading Blog
Watch Live Forex, Future and Stock Trading Results Using the UMT
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY FOREX TRADING ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN, IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR FOREX TRADING PROGRAM
ONE OF THE LIMITATIONS OF HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL FOREX TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL FOREX TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL FOREX TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR FOREX TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL FOREX TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE FOREX MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC FOREX TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL FOREX TRADING RESULTS
PAST RESULTS OF NETPICKS IS NOT INDICATIVE OF FUTURE PERFORMANCE. THE MONTHLY AND COMPOSITE ANNUAL RESULTS SHOULD BE VIEWED AS HYPOTHETICAL. IN REALITY, THE RESULTS DO NOT REPRESENT THE TRACK RECORD OF THE METHODOLOGY ORIGINATOR OR SUBSCRIBERS. THIS ALSO MEANS THERE IS NO GUARANTEE THAT ONE APPLYING THESE METHODOLOGIES WOULD HAVE THE SAME RESULTS AS POSTED. SINCE TRADING FOREX SUCCESSFULLY DEPENDS ON MANY ELEMENTS INCLUDING BUT NOT LIMITED TO A TRADING METHODOLOGY AND TRADER'S OWN PSYCHOLOGY, OUR WEB SITE DOES NOT MAKE ANY REPRESENTATION WHATSOEVER THAT THE ABOVE MENTIONED TRADING SYSTEMS MIGHT BE OR IS SUITABLE OR PROFITABLE FOR YOU
In addition, it’s important to understand and accept that there can be data outages and server failures. The brokers system might not be functional, the auto trading servers might have technical difficulties and there may be times where communication between accounts, the broker and the auto-trade program are not functioning properly. This can lead to greater risk. Forex markets also do not always guarantee exact fills. Periods of fast markets can cause greater degrees of slippage and less than ideal fills. There can be no guarantee that your account will always be able to enter and exit at the programs ideal entry or exit point.
Hello. Do you offer managed accounts? NetPicks Reply: Not at the
john | January 19, 2009Hello.
Do you offer managed accounts?
NetPicks Reply: Not at the current time. We are focusing exclusively on empowering traders to master this strategy and not have to rely on anyone else with their trading. Perhaps something we’ll consider in the future but for now it’s all about teaching and supporting the UMT strategy. Thanks.
Hello, I have been looking at the UMT live in Florida
Jens Larsen | January 20, 2009Hello,
I have been looking at the UMT live in Florida beginning of February, which seems interesting.
Could you please confirm, whether the net price $ 2995 also include the purchase price of the UMT system to be installed on my own laptop during the live course?
Kind regards
Jens Larsen
Denmark
NetPicks Reply: Jens, hello. Yes, that’s correct – you do get everything including the full course and all the software indicators. They can be installed if you bring a laptop – in fact, we’ll get you the installation instructions ahead of time since people sometimes like to have that done before the course starts. That’s no problem. If you have other questions feel free to email us or call. Thanks.
I trade forex with metatrader. Does your software work
Don Wilhelm | January 23, 2009I trade forex with metatrader. Does your software work on metatrader platform without having to use tradestation? Does that include your new profit window feature. If I decide to open a tradestation account do I have to pay for another download of your software or is that included in the original price. Are upgrades free?
NetPicks Reply: Don, hello thanks for the questions. Yes, it does work on Metatrader 4. The new “Advanced Tactics” indicator you are referring to is just getting released for Metatrader as well which is very helpful. If you change or add another platform we will extend your license to that so no, you will not have to pay again. Thanks.
Hello: I use TradeStation. Is UMT an indicator or a strategy?
John | January 23, 2009Hello:
I use TradeStation. Is UMT an indicator or a strategy? Can it be used to trade automatically?
Thanks,
John
NetPicks Reply: No automatic trading but the strategy will do almost all the heavy lifting — setting up the entry, target, stop – you will still need to actually make the trade though which we think is important. Thanks.
I've spent the weekend reviewing a number of your archived
Rob | January 25, 2009I’ve spent the weekend reviewing a number of your archived webinars, trade videos,and reviewing your website(s).
“Gosh”, I’m a bit confused… UMT core, UMT S1, UMT S2….
Owners club, Mastery series, Live 2-day training, Mentoring, Live trading rooms, the Ultimate package…
netpicks.com, umttrading.com, http://www.universalmarkettrader.com...
Suggestion: It would be great to see a menu of your offerings, side-by-side for comparison sake.
I’ve mentally compiled a lengthy list of questions regarding your offerings and system. What would be the most efficient way to address these?
Thanks in advance,
RS
NetPicks Reply: Thanks for the questions. As you can imagine, since we’ve been around since 1996 over time products/services evolve and get updated. Right now the most current, and all you need to concern yourself with is the latest Universal Market Trader system (we actually for current owners call it 2.0 since it was a significant upgrade from the 2007 version) – but for your purposes it is the latest and the greatest. We then do have options to add-on coaching/mentoring but that is something you can decide on later if you feel it could benefit you. What you see us discuss in our live webinars and on this blog is the full fledged strategy and training and it is what you’d be interested in. Hope that helps clear it up!
Sorry, that was netpick.com NetPicks Reply: Ule, use the email
Ule A White | March 2, 2009Sorry, that was netpick.com
NetPicks Reply: Ule, use the email name you have and then @netpicks.com — you need the ‘s’ on the end not @netpick.com Thanks.
Hi, will you be having the webinar video recap
Linda | April 17, 2009Hi, will you be having the webinar video recap on the website? and what is the site for the 4 payments of 498? thankyou
Hello. I am interested in trading stocks, but was always told
wayne | June 1, 2009Hello.
I am interested in trading stocks, but was always told I need at least 10,000. I want to start off small to get start and learn the markets. How much should I start out with realistically?
Our Reply: It depends if you want to daytrade stocks or swing trade. To day trade you are going to need $25,000. For swing trading you can start with $10K, and it’s possible to at least get started with as little as $5,000 but that’s really the lowest you’d want to even consider. You might also want to think about trading options instead of the stock — buying puts and calls instead of the stock would enable you to start more easily with the lower starting balance.