Thinking about trying Advanced GET

[KuJaX]

Hey guys,

I am thinking about trying advanced get. I have watched MANY of the university videos about different methods and read the whole catch 22 report. I know that the videos and demonstrations are going to be near perfect, but to me it seems like XTL is a very good way to trade, with higher time frames like 60 and DAY charts. Because it gives you all you need to know about getting in and essentially getting out with stop loss with actual dollar values.

My only problem about ordering and trying Advanced GET, is that a lot of people are having problems with using it successfully. I have read a lot here, and on yahoo advanced get forums, and it seems like a lot of people just arent catching on. I know that with trading, nothing is perfect, and nothing will be extremely easy, but the XTL breakout seemed very simple. What are the problems? Any advice about this stuff? If I decide to order it to try it for atleast a month, it will be this upcoming week.

[soylent]

Is AGET Hard?
No. To start w/ there are only about a dozen rules to learn. But, if you mess any of them up, you are doomed. They are very simple -- you just need to learn them and PRACTICE! PRACTICE! PRACTICE! before you try to use it.

XTL: I've been wanting to do more w/ it but I just haven't really focused on it. Mostly because, it seems to me, XTL buys on DAILY in the INDEXes just don't happen that often. (3-4 times/year which goes along w/ the standard 'cyclical nature' of overall indexes anyway). But, I'd bet XTL works well w/ individual stocks.

I didn't know there was an AGET forum on Yahoo. I'll have to take a look over there!

My recomendation: TAKE THE CLASSES! And, watch that video on 'day trading the eminis' -- it's awesome!

[donv]

I have used AGET since 97-98, it has worked well for me, unfortunately for many it may not, however I don't believe it is the fault of the program.

I suspect AGET worked for me because I was already successful using conventional TA, had developed my style and knew how I wanted to trade, I chose AGET because it fit well with my style/strategies and preferred methods of trading.

Too many folks buy software expecting it to work without having any idea what trading style/method they are suited for, or even if they have the qualities and commitment to be a good trader. Many expect the software/system to do most of the work and make them successful.

I suggest anyone looking for a trading system/software to become proficient with conventional TA and trading in general especially money management, then find a system that will enhance or expedite their success. Most seem to do it in the reverse order which is why many users don't have success with AGET, blame the software and endlessly search for the next magic bullet.

What AGET does for me is reduce the time and analysis of finding trading opportunities and offers me a variety of tools to evaluate these setups and take the ones that offer good R-R. The rest is up to me.

AGET is an excellent system but it takes an effort by the user to use it successfully it will not make an inexperienced undisciplined trader successful.


Good luck

donv

[KuJaX]

donv - by no means am I trying to find the silver bullet that is 100% correct all the time. It is just impossible in the market, and i'm fully aware of that. I make money in the market, i'm just looking for more strict rules because I find myself in a state of "WHAT DO I DO???" when something lingers between my stop and my entry. hehe....

From the catch22 report it seems that the XTL breakout was the most successful trades. However, it doesnt seem like anyone speaks much good about them. I can also see how the type 1 buy/sell is nice, but how often do all these things happen? I am by instict more of a day trader, but i'm looking to do some swing trades, and that is why i'm looking for something like advanced get, because I love the eSignal charting program and i'm doing well with just day trading and scalping.

I have watched the videos at the esignal university, and i am fully aware that any before/after charts and videos in there are going to be perfect. I have also talked to some people about e-waves, and said that it is extremely hard to play with any time frame below 10 minute chart. So anyway, i just want to get a bunch of peoples opinions, and what they use, and how they have liked it.... because i have seen too many people saying it doesnt work for them.

[soylent]

AGET Type 1's work great on the NQ intraday. Some people trade them on a 3-min chart. I just don't have the mind-set to watch at that level and the moves are too small compared to the commissions/spreads. I trade the 15-min and up. I prefer the 60-min.

For, NQ, 30-min seems to give good signals w/ a good risk/reward and pay-off when the signals are right. But, that changes over time. Once you know the rules, check every time frame to see if you have a better signal (or, better) if the signals on multiple timeframes 'converge'.

For NQ on the 30, you'll get 1-2 good trades a week. But, the movements are significant / worth waiting for.

As for XTL: I really think it will work better on stocks than indexes... Stocks have a better trending propensity than indexes. It's definitely easier to use than Type 1/2 and for a newer trader, the simple rules may be the best. Especially because it's a trend trade whereas Type 1/2 are countertrend.

I saw an example of scalping w/ XTL on the ES that looked very nice. I think it was the 3-min chart. Very nice looking game plan / probably works well for picking up several points per day w/ minimal risk and the occasional strong win... Haven't personally done it, though, it looked logical.

[svemuri]

In general XTL trades carry more risk as their stops are wide apart, Much Higher than Type 1 trades. Some of GET experts suggest to combine XTL with Volume to minimize the risk.
Combining with Volume might work great on Weekly/Daily, I am not sure if it has same effect on Intraday

goodluck

[eeminimee]

You can use the XTL breakout technique with the volume for use with intraday charts. What I look for is a volume spike above the 50-day ma. But you do have to incorporate some knowledge of bar chart formations to trigger your entry. I also throw in some oscillators and moving averages to confirm my entry.

[fabrizio]

eeminimee, svemuri


Actually what reported by you it is partially or totally incorrect.

One think is the way you desire to use XTL , the other is the Orthodox way coded by Tom Joseph and thoroghfully axplained in the aget MANUAL, AND ON THIS BB BY ANDY BUSHAK AND MARCUS.

PLEASE REFER TO THE ABOVE MENTIONED MATERIAL, THEIR POSTS , EDUCATIONAL, PDF DOCUMENTS IN ORDER TO KNOW IT.

AFAIK NO VOLUME IS NEVER EVER REQUESTED IN PURE XTL APPROACH.

For what concern Andy Bushak ( one of the 10 best trader in US) insert his nick AB in the search engine.


Good study

[KuJaX]

Originally posted by fabrizio
eeminimee, svemuri


Actually what reported by you it is partially or totally incorrect.

One think is the way you desire to use XTL , the other is the Orthodox way coded by Tom Joseph and thoroghfully axplained in the aget MANUAL, AND ON THIS BB BY ANDY BUSHAK AND MARCUS.

PLEASE REFER TO THE ABOVE MENTIONED MATERIAL, THEIR POSTS , EDUCATIONAL, PDF DOCUMENTS IN ORDER TO KNOW IT.

AFAIK NO VOLUME IS NEVER EVER REQUESTED IN PURE XTL APPROACH.

For what concern Andy Bushak ( one of the 10 best trader in US) insert his nick AB in the search engine.


Good study

Thank you, and yes I have read a lot of "AB"'s material. What approach do you personally take to advanced GET? I know people are different, and each person likes something one way, while the other likes it another way....

Thanks for the info guys, I really do appreciate it.

[fabrizio]

KuJaX

Very simply the orthodox approach coded by Tom Joseph.

Which is THE one that should be used :
in its more conservative way for beginnesr or people with low aggressive profile.
In its more aggressive manner for traders more expert with more aggresive profile.

You can find all of them in the extensive material in the Marcus group, in the Manual , ijn the tapes ( I advice to buy them they are invaluables) , in the Marcus, Tom Joseph, Andy Bushak, MDC, in this community.

Good trade.

[KuJaX]

are the manuals available in PDF format or strictly for customers? I am trying to do my research before i throw anything down.

[eeminimee]

Hi Fabrizio,

Thanks for your reply. I did attend the Intermediate and Advanced GET seminars and it was one of the techniques taught by Mike Quanbeck, one of the seminar holders. There is not a lot of documentation about this I am afraid.

Thanks,

[fabrizio]

Originally posted by eeminimee
Hi Fabrizio,

Thanks for your reply. I did attend the Intermediate and Advanced GET seminars and it was one of the techniques taught by Mike Quanbeck, one of the seminar holders. There is not a lot of documentation about this I am afraid.

Thanks,

eeminimee

I bow in front of M.Q. and what you report . And apologize.

Just For a matter of total knowledge, I would be very much interest into what you say.
Can you very very shortly describe the plan so that I could write to M.Q. or Andy B. and ask about material.
I was discussing with AB few month ago to produce the advanced seminars in DVD and re-edit the old tapes.

Do you have any tape of MQ seminar you attended I can Ask them to buy ?

Thanks and sorry for the " presuntuos" position I took..

[fabrizio]

Originally posted by KuJaX
are the manuals available in PDF format or strictly for customers? I am trying to do my research before i throw anything down.

I pointed in PM to the topics. Do not thrown anything down.
Ask to Akron if they still have a aper manual to send you ( the technical analysi one) . For what the PDF is about i guess that soemthing is cooking but timing has not been revealed.

Get in touch with Akron, and get Tapes and manual; fastest advice.
Bets is attend to AGET seminars.

[eeminimee]

Hi Fabrizio,

I am sending you a private message as to where to more information about the techniques I mentioned.

Thanks,

Me