Seven Summits Trader Review

Seven Summits Trader Review

Seven Summits Trader (SST) Software & Indicator Suite by Netpicks is the newest and most advanced product from Netpicks yet. The Systems back bone is a set of custom-developed indicators for Forex, futures, stock and options markets.

NetPicks  is an established training school, with over 15 years of training experiences. Their strengths are in the individual training coaches. They all started out as traders and have a passion for training students. I have talked with them one on one for advise as well as in the trading room and these guys are easy to talk to and know the systems in side and out.

While some companies developed Forex products every month, Netpicks prefers to update and improve their existing trading systems.

I have been trading the Netpicks High Velocity Market Master (HVMM) system and have been very successful.  I just started trading using the SST and I’m very impresses with the advanced features not found in HVMM

If you purchase the SST system it is explained in great detail by the creator so you know what the indicators are based on, and how they are being used on your custom charts and how you should interpret them to open and close trades. At the novice level it is almost as simple as red arrow sell green arrow buy.

There are 7 key components:

1. Profit Consistency

The SST system balances the smaller returns (fewer point/pips) which result in some profit, with the larger opportunities as they develop longer term.

2. Multiple markets and timeframes

The SST also offers users availability in multiple timeframes in multiple markets. For those of you like me who like to use Price/Action, SST offer a Range Bar plug-in

3. Scale and trail

The systems offers dynamic trailing stops and a multiple trade positions management system. This allows you to scale into a trend of fast changing market details and stop at the exact moment you need to, in order to minimize their risk while still making a high return.

4. Dynamic entries targets and stops

5. Exact trade plans

6. Capital preservation

7. Total immersion training

Here is an example trading the GBPUSD using a .0017 range bar time frame for the Euro time zone, 2am to 5am EST. August 13 and 14th.

The cable reached $2,404.00 in net profit, using a two position approach, 1 full lot each.  Boasting a very strong 2.76 profit factor over the past few sessions.  Looking back even further, over the past 110 trades (60 days), SST produced 82 wins with a staggering $11,255 in profits.  Profit factor was a very strong 1.73, meaning for every dollar lost, it won $1.73.  It’s maximum winning streak was 15 winners!  This is typical SST trading with the GBPUSD.  What’s more, this is a range bar chart so MT4 traders can be rest assured, we have you very much in mind!

Finally, this screen shot will show an exciting new feature, the NetPicks Trailing Stop Indicator.  We love this indicator with the GBPUSD because we can set it to kick in just at the right time to take advantage of spike moves we often see in this market.  The ability to scale in and out of positions, going after high percentage targets and leaving a position on to trail for the big trade represents one of the important Seven Summits to Trading Success and it is built right into the powerful custom SST tool set.

This chart shows the last two days of trading.  We didn’t really have a lot of range to show off this indicator’s prowess, but believe me, it will present itself at the right time.  Nonetheless, we managed to win 3 trades and pick up about +115 pips to add to our tally.

So here is what you get

When you purchase from Netpicks expect several bonues

  • FREE Shipping On Your HVMM Resource Package
  • Exclusive Invite To The Annual 2010 NetPicks Virtual Owners Meeting
  • New: 1-Year Double Price Guarantee!
  • Our Signature 30-Day Performance Guarantee

Register Right Now!

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