HighVelocityMarketMaster.com Review

I purchased the HVMM system 4 months ago, with high expectations. However, what I found was that it is basically a set of standard indicators (CCI, EMA, ATR) which have simply been renamed. What they have done is put all the indicators together into one, which then calculates and displays entries, targets, stops, etc.

Firstly, I would say that the system can make money. However, it consists of many settings that need to be customized for each and every market and timeframe. Im much the same was that an EA needs to be optimized, I found that I needed to spend a lot of time backtesting the system to find consistent settings.

I had hope that HVMM/Netpicks would provide users with updated information of the best markets/settings etc, but they do not really.

I did ask repeatedly for stats of from the Netpicks guys who all say that they trade the system live. Howwever, nobody was willing to share anything.

Instead they referred me to a company Global Traders in Australia who they said, for another $5k, could assist me with actually trading the system.

I am trading the system live, and making profits now (although still down overall). Hwever, for the price, I would have expected a lot more assistance from HVMM in terms of stats and recommended markets/timeframes/settings - hence my rating of 2 stars.

So, if you do purchase, expect to put in a lot of work, and don't expect the default settings to trade profitably.

Also, although they do offer vide reviews, they are always done in hindsight, and the settings change as well, possibly to ensure decent results.

Feel free to skype me on antonyjohnturner if you want more info.

Before purchasing this software please be aware that there is a stingent return policy that is in place. You have 30 days from purchase to return the product and you must submit 25 sim trades as well as a valid trade plan. The requests are reasonable but the reality is even when I submitted these items showing considerable loss using their software they are still hesitant to issue a refund.
I have invested at least 10 hours watching their video tutorials and downloaded the new HVMM 2010 which still produces, in my honest opinion, poor entry signals. I went so far as to trade directly opposite their signals using the 1 hour EUR/USD with a take profit 1 at 40 pips and a take profit 2 at 80 pips and a stop loss of 50 pips for a net gain of 940 pips since last November as compared to a 921 pip loss using their system as presented.
I am still trying to have the refund processed and will update on the progress as they are unwilling to do this as of now.
I have screen shots of all trade signals that were taken if necessary to show the results that are stated.