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Old 04-01-2008, 12:54 AM
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Arrow Best Way To Use Avonko ( No more mistakes)

I still don't feel I'd need to "sell" it to the masses though, (I'm not into the marketing tactics one sees all over the internet that suggests "scam" to many) but rather let the masses judge it themselves and if it's good it will become viral all on it's own, but if I understand what you are saying correctly, yes I suppose it could create a pool of traders, and behave like Babypips says about the Fibonacci tool....

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... since so many traders are watching these levels and placing buy and sell orders to take profits, this tool usually works due to self-fulfilling expectations.
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I see no purpuse in using someone else's program or buy/sell signals but I do see the need to research the in's and out's of it to see if you can add or tweak something you are already doing.
It's help me both with the learning curve of how the currency pairs behave (through backtesting using MT4's Strategy Tester) and how to code EA's - it saves my time from starting from scratch ( MT4's mql user guide is not detailed enough for me.)
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Old 04-01-2008, 01:00 AM
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Post Best Way To Use Avonko ( No more mistakes)

Yeah it's not a free system so I don't want to be accused of "spamming" that thread or diluting it with posts that are irrelevant.

And yes, you could avoid systems altogether and learn how to trade, but I think trading with a system well requires some practice too. You need to learn how to apply risk management and sound judgment if you ever want to see profits with an automated system - it's not always as simple as 'plug and play'
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Old 04-01-2008, 01:11 AM
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Default Re : Best Way To Use Avonko ( No more mistakes)

Is there any one tried this Avonko system? or is it a waste of $59.00 (discounted from 499..??) Though it kinda defeats the purpose of trying to learn how to trade i suppose
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