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BEWARE
PRETENDERS!
Traders at Risk Over ‘Me
Too’ Software
-Sigma Bands Founder
A
warning to Traders from James Maggio Msc.
You
may be aware of people offering software products which claim to
provide a similar service to TRM, based on Sigma Bands and the work
of J. M. Hurst.
These people are pretenders!
Be
very careful in accepting their claims. Buying their software could
be dangerous for your trading.
As
the mathematician and engineer behind the still-secret codes that
form the backbone of the TRM service, I can assure you that these
so-called sigma band software products are cheap imitations and
NOT the sigma bands we generate, since they are typically based
on polynomial regression and not cyclical analysis.
It’s
not the same thing. You are
wasting your money
if
you buy polynomial regression software thinking you’re getting
TRM charts.
Regression
analysis has been around for well over 200 years!!! Anybody, with
minimal programming experience, can do regression analysis, and
the algorithms these people have created are very simple to implement.
Our algorithms are highly proprietary, do not use Regression of
any sort and are not published.
Polynomial regression algorithms can be done by any competent programmer
and such software is certainly not worth the hundreds of dollars
they may be charging.
Polynomial regression (and any regression-based analysis for that
matter) DOES NOT work!!!
I considered Polynomial Regression years ago and dropped the idea
because
regression does not work and
is too unstable.
Add
a new data point and things can change and change dramatically.
Further, this ‘me-too’ software has some pretty questionable
ideas concerning momentum.
We
are currently consulting with our lawyers over vendors claiming
to provide a ‘sigma bands’ service.
In
the meantime, be assured that only TRM can deliver a forecasting
service which genuinely shows traders when to ‘pull the trigger’
on a trade knowing there’s just a 2% chance or less of the
market continuing against them.
If
you are in any doubt about this, please make sure you do the following
before purchasing any software making such claims:
Demand – and get –
unsolicited testimonials from other traders!
Traders
like TRM’s Bob Faulhaber, and Terry Hamilton:
"LARGE
PROFIT IN A SHORT TIME.."
I have been using your charts for a full
year now. My IRA is up 150%. What you have accomplished is solid.
When I spot the right combination of events on the Sigma and Signal
Charts, and I find several almost every day, I know that I can invest
my money with almost complete certainty that I will be rewarded
with a large profit in a short time.
Please never take away any of the information that you are providing
now. Add if you like, but don't take away. Thanks for everything
Bob Faulhaber
faulhaberb@prodigy.net
“I
DEPEND ON IT …”
Just wanted to send a short
note to say Thank You for the service and product you are offering
on the web to traders like me. I hope you keep this service going
for a very long time. You can add new things from time to time but
please never take away what you are already offering on this product.
I have been an active commodities trader for about 8 years now but
have never been that successful. I tried many charting services
but was never able to turn the business into a profitable one. I
have been using your service for about the last 4-5 months now and
I have come to depend and rely on it for my trading decisions and
strategy. This will be my first year in trading that I have finished
the year with a positive balance sheet on my equity account. Please
never change what you are offering. You guys are great and I appreciate
what you are doing. Your service and product are turning me into
a successful trader and I rely on your charting system totally.
I have even started to dream again of giving up my day job to become
a full time at home commodities trader."
Terry Hamilton
terryhamilton@prodigy.net
We
are only too happy to answer your questions. Just email them to:
support@forextrm.com
There
is also a detailed explanation of the TRM indicators and charting
service in the FAQ section of our website.
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