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Reviews of Market Mood Oscillator

Market Mood Oscillator

Disregard the other review. This system based on flawed logic (clothing color and moods). Add to that a huge drawdown, which is likely in the future. Banning of others on forum is also a warning sign. This system is based on comparing clothing color and mood of CNBC staff to the market for a month. HEE HEE HEE lol From Cari’s paper (logic of system) “The collective mood of the CNBC staff before the market opening each day for 29 trading days was determined through scoring the clothing color and the mood of the commentary. They were scored using the One Wheel system… Probably a roulette wheel ROTFLMAO

Market Mood Oscillator

There are a lot of things that MMO is not good for me: 1) Orders always at market or @stop that has already been crossed when you check, means you have to check mail every 10 minutes (no autotrade here). 2) NO STOP LOSS with orders. 3) Too much fluctuation allowed. Look at the chart. Cut the losses please.... 4) Comments on email are fun but "moody". Example: A)"In case the dollar goes up, we want to be ready" selling 11 contracts before it happens or "If it goes as we think, stock market rally and dollar recovery, the Yen should sell-off as well" And it sell 11 contracts again..... TOO RISKY 5) Orders are given anytime during the day, not before opening with a stop order. 6) Only before market opening, stop entry with stop orders systems should have anything above 60% imho.

Market Mood Oscillator

MMO appears to be a truly novel approach to trading. Based upon mood oscillations in the major market-affecting components of society, market moves are inferred from these trends. In other words, MMO is based upon the premise that people move the markets, and not the reverse. All of this is explained in considerable detail in the vendor's monthly newsletter, along with (get this!) predicted trends for the entire month. The system, while still quite new, has racked up some amazing statistics, and returns thus far have been great. MMO is utterly fascinating, and certainly bears watching closely over the coming months.