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I was just wondering how many people here follow the American Bulls website. What are your comments & experiences with following their buy and sell signals? Has anyone made as much money as they claim on their calls? Has anyone made ANY money following their calls? They seem convincing, but I wanted to hear from others.
T e x
posted
nah...
Relentless Despot
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American bulls is worthless They alter their record to make themselves appear profitable. Any and all signals they give are always a week late. Nine times out of ten if they do get one right they call the last five percent of a three hundred percent move... then brag about it. You would be much better served if you were to take up chart reading on your own.. learn the patterns and indicators. The stock market or the currencies market is all about you.. if you use a service to make your decisions it will never be as good as you can be by learning it yourself. You are fortunate in that you have found this board where quite a few very smart traders reside.. all of whom are more than willing to lend a helping hand whenever asked for... and sometimes when it's not.
Peaser01
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Well, the main problem I have with American Bulls is that on the buy and sell recomendation days. They always post the maximum buy/sell prices, so it is a tad unrealistic in gauging profits/losses.
Hannibull
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not only that, when they post a sell confirmation you should've sold the previous day, same with a buy confirmation. You'd never know what to at the end of the day if you depended on them (maybe if you're a paid used it's different idk)
The Bigfoot
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Yep.
I agree with those above. American Bulls is a flawed system. Partially because they skew results to their own favor to provide numbers no following trader could ever emulate. The other reason being that there is no room within the system for outside influences beyond the candlesticks. A stock could be a complete POS and they would give it a stong buy rating. Spent a few weeks surfing their index of stocks. Only found one strong buy signal that I agreed with in that whole time. (lost money on it...HA!)
Candlesticks can be a very good indicator when combined with other T.A. Learn about them and make your own system. You'll do a lot better than trying to emulate American Bulls.
The Bigfoot
Peaser01
posted
American bulls relies solely on candle patterns.
It is a more reliable system for trading big boards than OTC's and OTCBB's.
beechwood
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I subscribed for a month. They still post their buy/sell confirmations a day late and a dollar short just like on their free board. Their stock scans do provide some usefull info on their paid site but you can do your own DD on that. And there are a few other candlestick sites that are just as informative for free (i.e.; candleshop, litwick, etc.).
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