I received this email from a reader, questioning whether Breakpoint Trades provides good guidance, or else do they "pull an Elliot Wave International" or really any of the other services out there that "are never wrong".
Here is some of the answer. Bottom line -- BPT gets the job done. I posted my short trade on FEED long as a quick trade that more than paid for a 6 month membership...then the rest is gravy.I don’t know if you pay close attention to BPT advice, I know you like them. He does great work.
He gave a FEED buy last year on a basic trend line break – it was long term.
You bought in around 2.35 and got out not too much later. FEED is now below 2.00.
Was there ever a stop on that trade from BPT or do they do one side – entry only?
Any recollection?
http://oahutrading.blogspot.com/2010/09/i-wish-my-performance-was-as-good-as.html
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Insightful and Useful Comment!