Our latest reviews from previous Students
For those that want to get all of the information in a hurry, the private session is a must!
I certainly enjoyed the private sessions and feel that it is one of the most intensive two days that one can spend learning how to master the candlestick trading program. Steve is very passionate about what he does and because of this he gives all he has (a tremendous wealth of experience and knowledge) to ensure that the needs of the attendee is met.
I am truly indebted to Steve for the increased confidence and ability to make profitable trades using the candlestick trading method. I would recommend the Candlestick Forum evening sessions, training materials, the book for anyone that wants to learn how to trade.
I want to write this letter to thank you for putting on a great semi private seminar. You took your time to explain how to use candlestick signals to their full potential, and answered all of my questions. I have been to many other investment seminars and I have to say no one, has ever come close to your teaching abilities. You have a natural talent for this and I can see why this is your passion. I have been using candlestick signals for about a year and a half now and I thought I knew what all the signals meant. When I finished your seminar I had a totally new perspective on candlesticks signals. That following Monday, I made my money back that I invested in your seminar by applying your system And today, three weeks later, I am up over 15% by applying your principles and following your techniques. Before, I wasn't sure exactly when to buy and when to sell, but now I have the confidence to execute my trades.
David Goddard Comments on his Experience with Japanese Candlesticks.
Dear Fellow Investors,
My name is David Goddard. For the past fifteen years I have enjoyed a successful career in developing proficient investment programs. Successful in the sense that my statistical stock analysis has been able to produce consistent returns for institutional investment funds. These formulas required years of testing and back testing to be able to create high probability results. Fortunately, the advent of computers has been making my efforts more concise year after year.
Despite my great success in producing what I thought were well-researched returns, I have been surprised by a whole methodology that I have overlooked. A few years back, Steve Bigalow started trying to interest me in Japanese Candlesticks. Wasn't even interested. My sophisticated research had no time for a remedial investment program. The name itself, Candlesticks, gave me the initial impression that it was not well-refined technique. I felt there could not be any credence to such a simple reversal program.
Due to Steve's persistence, and through my great reservations, I finally got the full presentation on Candlestick signals. Boy, was I surprised. Many of the aspects that I had been incorporating into my "sophisticated" research parameters were already being used in Candlestick chart formations. And they had been used for hundreds of years. What I had spent many hours to try to formulate for computer programming had been perfected into Candlestick signals for centuries.
The same aspects, high, low, open, and close, that I was using to establish high probability trades were already visually embodied in Candlestick signals. And the amazing part of all of this was that it wasn't rocket science, if you will pardon the expression. This took a lot of the wind out of my sails. The historic visual analysis of reversal signal results were too convincing to ignore. It became evident that what had been developed in hundreds of years of actual testing was still viable today.
Digging deeper into the creation of the set of Japanese Candlestick signals, I found new insights that I had spent little time thinking about. My statistical analysis work was derived by knowing that there are fluctuations in investor thinking. Believing that concept led me to many successful statistical observations. But that was just scratching the surface. Japanese rice traders not only identified highly profitable reversal signals, they analyzed the investment community's investment psychology that formed that signal. That may not sound that impressive, but think of the powerful ramifications when projecting what a trend will do for the next number of time units.
My research productivity exploded. Using Candlestick parameters in my statistical analysis eliminated hundreds of hours of testing. Here was a fully researched trading method that had a multitude of statistically proven results that could be built upon. Results that could be easily determined with visual assurance. What computers could accommodate today, the testing of many hypotheses of potential profitable theories, Japanese rice traders had perfected with actual profitable results over 400 years ago!
My nature has always been to discover unheard of methods for generating consistent, low risk profits from the markets. To find Japanese Candlesticks had achieved that end without the use of complicated and unique computer search programming was truly awesome. What an impressive accomplishment! Especially knowing how many millions of combinations of criteria that can be applied to finding the proper trading program, the fact that the Japanese had developed such a highly accurate signal recognition with only a visual charting technique humbles the computer program era.
The probability of a successful trade after the appearance of a Candlestick reversal pattern provides a dynamic platform to extend profitable trading research. Why reinvent the wheel?
I am excited about the opportunity to profit from market moves in the future. The combination of the already proven Japanese Candlestick signals, interacting with modern day computer capabilities, provides a huge advantage to those who understand the driving force behind the signals. The Candlestick Forum group has already implemented trading programs using the signals/computer combination. They have made understanding Japanese Candlestick signals an easy program. The magnitude of sophisticated information instilled in the signals, illustrated with the utmost graphic simplicity, creates the opportunity for everybody to reap great benefits from Candlestick formations.
My thanks go to Steve Bigalow and the Staff of the Candlestick Forum for exposing a repertoire of learning processes and successful investment programs. The intense common-sense benefits of Candlesticks will make successful investors for those who take the time and effort to apply the concepts derived from this methodology. Take advantage of the knowledge that is being presented on the Candlestick Forum Website. It is easy to realize why the Candlestick method will completely alter an investor's perspective. I sincerely recommend becoming familiar with the inherent concepts associated with the forming of the Candlestick signals.
Investment Fund Manager
David Goddard has designed investment programs and is managing institutional investment funds for a major hedge fund company. His extensive background with statistical analysis has resulted in many highly successful trading methods. The consistently high returns he has developed are through his efforts and understanding of unique investment concepts.