Boomerang Day Trader Reviews & Testimonials
“Mohan, I have followed you (subscribed to MF) for about 2 years now. Your insight is quite extraordinary and your heart is in the right place. I am embarrassed to say I have been at this longer than you, and a floor trader, but my abilities don’t come remotely close to yours.”
-James Flynn
“I have to say I have had more winning trades with your indicators that I ever have trading anything else. I also have your Boomerang original system. I have tried ALOT of other indicators and systems but always keep coming back to Boomerang. It is the best thing I have found. Thanks!”
-KR
“Hi Mohan, I ran a hand test of your BDT signals for the 23 period time frame over a 20 day period. The method you show on the video tutorials produced 73 trades 62 of which were winners (85%) for a net gain of $5100 per contract.”
-TL
“Thanks for the great system you have developed. I have owned BDT since last year and have had great success using it trading not only the 6E but the TF. I have also used it to trade CL, GC, and YM lately.”
“Thank you Mohan. I am close to becoming what I have wished for years: a full time trader! With the help of you and BDT, I made over $5k in the month of May and should grow that 25% this month. BDT is amazing and when I finally understand more of the nuances of divergence and other hidden goodies, I can make enough to live comfortably again.”
-CS
“I’m a new BDT owner. Your system is the most relaxing and consistent trading method I have ever encountered. Thanks Mohan.”
-BP
” Hi Mohan, I bought BDT after your webinar last night and began sim trading today. I had my first trade which was a loser because I traded against the rules and probably shouldn’t have taken it. The next 4 trades though were all winners and the system looks great so far.”
– EL
“Dear Mohan. Thank you so much for developing Boomerang Day Trader, it really does work. I watched the video’s today and compared them with my trades, I was in sync with you on the trades. Fantastic.”
-LS
“Mohan – Thanks for all your help. I had another successful BDT Trading Day (just purchased it late last week) and hit my goal of 16 ticks per contract on the 6E – BDT really works and I thank you again!”
-NT
“Thank you for BDT. This is a powerful indicator and system you created”
-NL
“Boomerang Day Trader works like you said. I am good and very happy”
-DR
“I am a new owner of Boomerang Day Trader. There were some good trades which showed up according to the manuals direction which were all winners. I took them all.”
-LR
“Hi Mohan. The system works great, congrates on creating a system that works so well.”
“Dear Mohan. Thank you so much for developing Boomerang Day Trader, it really does work. I watched the video’s today and compared them with my trades, I was in sync with you on the trades. Fantastic.”
-LS
“Just a note to let you know I bought the currency system yesterday and I love the system. I did very well for the first time. I will pay for the system this week without any problem. Thank you for a very accurate trading system. Thanks Again.”
-BF
“Mohan, I am a new BDT owner. Thank you for answering my questions. I did filter a couple of the trades at pivots and MA’s. Out of 9 trades 7 profitable and 2 losses -3 tics. Looking good so far. Thanks for all.”
-MT
“I’m retired so you could say I’m a full-time trader. I love trading and it does provide a major source of income. I started with Mohan in about 2003. He’s terribly precise on his forecasts for the following day. If he says the market will turn at 1206.25, 80% of the time it does. And that’s some pretty valuable insight. But when he’s wrong in his forecast, he has the High-Five that will tell you he’s wrong. So that keeps you from getting hurt. Typically my swing trades last 10-30 minutes, and I look to make $100 per contract. So that’s 2 points… 2 points a trade, 4-5 trades a day. And I trade 5 days a week. Then, two or three times a month you’ll hit a trend day. Those are nice. You stay in all day and might make 10 or 20 points before you’re done. Maybe even more. But that doesn’t happen too often. The main thing I like about Mohan himself is that he’s a very very honest man. And he presents things as they are.”
-Chris Henn
“I’m not particularly a day trader, as such. So I use Mohan’s forecasts more like a weather report. If he sees conditions are favorable for what I anticipate the market will do, I know I have a good chance it’s going to work out. I trade on three different time scales. And Mohan’s methods, the High-Five in particular, are invaluable for all kinds of trading– daytrading, swing, and position trading too. When the DOW is at 14000 and the S&P500 is 1500, and you think, goodness gracious this is a bit high. That’s when I look for a position trade. Here in the UK, they don’t talk about the stock market much. So, when you hear BBC saying stocks are at an all-time high, and everything is rosy, you know it’s time to go short. A trade like that can last several months. Then I do a bit of day-trading, which tends to be fading the gap; where I could be in and out in a couple hours. And my swing trades, I’ll be in anywhere from three days to a couple weeks. What I like is that Mohan doesn’t hedge. He comes out and says precisely what he thinks the market is going to do. And generally it does. I tie what he sees in with what I see. And when all things come together, it gives you a very high probability trade.”
-John Johnson
“I win about 90% of my trades, I think… maybe even a little higher. It wasn’t always that way. The first couple years, before I found Mohan on the Internet, I was losing money. But I knew there were traders out there making money. So I thought, if they could do it I could do it too. And, for the past seven years, ever since I’ve been following Mohan, I’ve been doing great. I like to scale in and out. I’ll start with 2-4 contracts. Then, if it moves 3 points against me, I’ll scale in 2 more contracts. When it gets back up to my original entry I scale out 2 contracts. So I’ve lowered my average cost and still have the core position. Sometimes I end up buying and selling a couple times. But I’m always pretty confident that price will come back to Mohan’s pit bull number. His numbers are generally right on. Trading in Japan is kind of interesting because we don’t watch the US media. In Japan they see the US market and talk about market manipulation and say things that Americans would call conspiracy theory. But it’s a fact of life. The markets have changed over the years because of high frequency trading. And now the Fed seems to be getting more and more involved in US markets. But, why worry about it? It’s all just part of the game. I could easily trade for a living, and when I move back to Hawaii I will. But the way my visa is, I have to keep a job in Japan. So I trade in the evening, pull at least 4 points from the market, and call it a day.”
-CH
“After selling my construction company eight years ago, I was too young for social security so I decided to take up trading. Determined to learn everything there was to know, and to be successful, I joined several online trading rooms… even with people down on the floor in Chicago. But none of it panned out the way I wanted. I was ready to hang it up when I ran across Mohan. I can tell you, Mohan’s way of looking at the market, and his approach to trading, is completely different from what everybody else does. And he turned my trading right around. Then, when my wife started hearing cheers coming from the room where I trade, she got interested and wanted to do it too. Before I knew it, she was just as darn good as me! We’re having a lot of fun trading together and our success rate is around 80%. Sometimes we watch the market together and other times we’re more like a tag-team, where one of us is trading and the other is doing errands or whatever. Mohan has definitely made the difference for us. 2010 is our best year yet and Mohan is the source of our success. There’s no reason to ever quit trading. We enjoy it. We’re successful. And I just don’t see any reason to ever quit.”
-VT
“I rose very high and very far in the retail world, and made huge salaries. And I got used to a pretty expensive lifestyle. But times are changing; business is getting much more streamline, and the $300,000 jobs are getting fewer and farther between. Meanwhile, the market crash, divorce, and a bunch of other things put a hurting on my nest egg. So, a few years back I decided to try my hand at trading. And I subscribed to just about every investment newsletter out there. Not only that, I contacted many of the writers and even became personal friends with a number of them. Mohan, and his way of looking at the market, has always stood out from all the rest. But now that difference is like day and night. Because he’s still making money and the others aren’t. The way the market is rigged these days, countless newsletter writers and fund managers, who were once major players and really knew their stuff, have closed up shop because their systems just don’t work any more. But Mohan is still standing. The normal ebb and flow of the market is gone. But his methodology can deal with that. He’s still making dead accurate calls and lots of money. Sometimes I’ll risk 2-3 points and look to make 8-10. But mostly I hit 4points, which is $200 per contract, and get out. $200-$300 a day per contract is a very comfortable thing to do. I don’t trade all the time, because I still enjoy doing consulting work and sometimes I’m just too busy. But between consulting gigs I always fall back on trading to keep the cash flow going. Trading with Mohan has been wonderful for my peace of mind. It’s my security blanket.”
-MG