| - Here's what our clients are saying about us....
These are just a few unsolicited testimonials and comments we receive regularly.
|Testimonials Year 1998|
I've been using everything you
taught me for several years now with success. Although I
continue to study the markets and research different
indicators and strategies - your material remains the most
All the best,
Date: Thu, 30 Jul
Congratulations on your new book "DiNapoli levels". I' ve
liked it very
much., especially for Entry setups and
possible support / resistance levels
very useful - and
Date: Tue, 21 Jul
I can't tell you how valuable the set of tapes
[that include money management] have been to me. I review them
on a regular basis--they just seem to keep my money management
focused. And if I take time off, because my trading has become
sloppy, I always focus in on the material on the tapes just
before I return to trading. The fib work makes me money but
the money management makes the difference.
Once a trader has gotten past the stage of
looking for the Holy Grail and begins working at trading for a
living, the materials on those tapes are as good as gold.
Yes, there is about three
hours devoted exclusively to money and personal management in
the tape study course. If it helped you once it will help you
again. See what Tim thinks but I know, there are market
professionals out there that make it a habit of reviewing the
tapes every year--
Date: Tue, 21 Jul
Very few professional traders make themselves
available to new or inexperienced traders, unless they are
selling their newest system or indicator or 'Pie-in-the-Sky'
book.' I have always found your materials to be practical and
profitable, and your seminars and forums are not geared to
selling the newest product, but rather, the application of
sound trading and money management principals [This forum is a
Learning to trade successfully is difficult--New
traders do not deserve to have to run the gamut of 'get rich'
products that confront them from every angle. It would be nice
if there were 'Good Traders Seal of Approval' we could give to
products like Fibnodes and your tapes--products
that are actually used by professional traders that trade for
a living and that would be a great addition to any person
looking to be a better trader.
I took a look at DiNapoli Fibonacci techniques.
you for this valuable information.
At 09:17 PM
Remember me? I
purchased your book, course and software from you about
months ago. I was the guy involved in Scale Trading
(kinda like averaging
down system) and you recomended not
trading that way because of the
drawdowns. There has to be
a better way.
Date: Sat, 11 Jul
I received my copy of
"DiNapoli Levels" two days ago. There is no way you are
getting it back!
I have been trading for 5 years,
(with some success) and became a commodity broker last year to
learn more about real-life trading and to try to keep the "get
rich by Friday, Kxx Rxxxxxx crowd" from throwing their money
I knew there was another dimension, and one of
my broker collegues turned me on to Fibonacci work. I came
accross and ordered the tape of your presentation at the Txx
conference and that is how I have become a client. I look
forward to thoroughly understanding and correctly using your
methods and moving my trading (and my broker recomendations)
to a whole new level.
May I please receive a password,
so that I can modify my xxxxxx, real time
Thank you for being so generous as to share
the results of all your hard work, so that serious trading
students like me can learn from your experience.
Date: Tue, 7 Jul 1998
I ordered your book few weeks ago.... It is a very
good book. If you had written this book earlier, you would
have saved me a lot of money from buying other books.
July 07, 1998
Subject: Re: leading/lagging
Good morning Rt´s,
I need a little
help from you. I´m running constantly in problems when trying
to decide which indicators are leading and which are lagging.
Could you please just list some, so I get a clearer picture of
leading and lagging (I guess I´m lagging on
Thanks in advance - UlrichHello Ulrich,
Any indicator which
issues a signal AFTER price has moved, is a lagging indicator.
MACD, Stochastic, RSI, Moving Averages as they are commonly
used are lagging.
Leading indicators (attempt to) tell
you where prices will go (or turn/find upport/resistance)
BEFORE they get there. Leading indicators are predictive
(though not reliable for mechanical/blind trading). It's fair
to say that leading indicators usually require subjective
human interpretation, which is why novice traders have
difficulty with them.
Examples of leading indicators in
Fibonacci, price patterns (such as Triangles, Double-RePo's,
Head-and-shoulders), and price pattern failures
(Head-and-shoulder failure for example),... etc..... I use
Fibonacci, price-patterns, and price-pattern failures all the
time. For me, trading without leading indicators is like
flying an airplane in fog without
Combining leading and lagging indicators
across multiple time-frames is very powerful. Leading
indicators are valuable in deciding when to fade a common
lagging indicator. For example, you know that the blind
followers of the common Stochastic 25/75 will be on the wrong
side of the market on the first false signal it gives near
major Fibonacci support/resistance (they will drive price
right to a Fib level, where your entry stop is, then they will
be scrambling to reverse just as you are taking a
Date: Mon, 06 Jul
You say you use Double-Repo's and
price pattern failures, can you please give me more info. on
these or a reference so that I can find out
The Double-RePo is a
price pattern invented/discovered by Joe DiNapoli. See the
details. DiNapoli has 9 predictive price-patterns. One of the
nine is actually a category of patterns, specifically called
"price pattern failures". The concept is that price patterns
are widely monitored and traded, so when such a pattern fails
(price goes the wrong way), there are many people who are in a
losing trade, so the resulting price move can be very
profitable for those who trade these failures..
For example, a stock may
be making a typical Triangle, or Head-and-Shoulders price
pattern. People take positions
based on the typical
outcome of such patterns. If the price movement as the pattern
completes actually moves in the direction opposite to what was
expected, many traders will exit via their stop-loss orders..
If you know how to define such a failure you could benefit by
taking a position as the pattern fails, when other traders are
about to start panicking.
1 Jul 1998
However, I still sometimes may need some help
for better understanding. So, is it possible to ask questions
via e mail.
I recently bought your book.
For me, it has been a wonderful, educational, self-fulfilling
experience; trying to grasp your powerful and innovative
A. A. M.
Sure. Please post them on the forum pages, so
that others may learn as well.
Date: Fri, 22 May
Lessons in this business are indeed expensive.
Now I am spending a lot of time in chart analysis and working
with the Fibnodes prog. real time in the market, on paper
only. I am becoming more and more comfortable with it. The
fibnodes software is
absolutely wonderful. I can't imagine
trading without it.
My hat is off to you for your complete
methodology. "I'm a believer!" I'm a believer! " Yes,
Love and all the best to both you and Pat.
Date: Sat, 16 May
You guys are sure
Date: Thu, 07 May
Just a quick note to thank you for your
hospitality, and Joe for his ability to change what I see
every time I now look at a chart !
I enjoyed the private tutorial very much, in
fact I felt very uncomfortable with my level of knowledge of
the "fib" work ..... which
is good because we know that we
are learning when the "brain" goes on "tilt"! I have found
that I "replay" the questions and interaction that we had on a
regular basis in combination with reading the book and
material again ... nuances just keep jumping out at me ....
I just can't tell you how much help the session
was for me ! I have decided to use xx (once I get the correct
formulas) and Fibnodes for now.
Again, thank you for the tutorial and I will let
you know how I progress!
Date: 26 Mar
Where CAN I get good
professional instruction that will pull me over this mountain?
I've read so many books I'm cross-eyed. I've studied
so many charts I see them in my dreams. And, even though I
know TA inside out ... I'm still a mediocre trader (g). Please
don't tell me I'm probably not geared to be a trader. It is
too important to me. In spite of my mediocre success... I
enjoy the challange of becoming a good trader and will not
quit until I am good enough to trade for a living.
With that in mind ...do any of you day traders and/or
Pro's have a recomendation? Can you suggest someone who can
take me where I want to go? I'm to the point where I want to
spend the money on personal instruction instead of loosing it
making bad decisions that could have been avoided with proper
instruction. I'm a believer in gathering information from
those who have
been there done that.
You know the
old saying, "Give a man food ...feed him for a day. Teach him
how to plant ... feed him forever."
Just point me and I'll
do the rest.
experience, I highly recommend Joe DiNapoli. He is an
accomplished trader, and has a complete trading methodology
(not just a "system").
I've been trained by him,
and my skills jumped to a new level because of his training.
He is well respected in
the industry, I know this, because I have interviewed several
professional traders on my web-pages, and they all respect
When you talk to Joe, ask
him to tell you what G. L. said about him. His comment about
Joe will interest you, because L. talks to a lot of traders,
and L.made an observation about traders who have been trained
personally, Joe is a great guy. Yes, I'm sold on him! Why not?
I use his techniques! I've stopped looking for a better way to
trade, Joe's methods are what works for me.
Date: Fri, 13 Mar 1998
To: Trader JO
This book is made with love - tough love. You can
tell the author is truly sincere about the subject. It's one
of those books you'll have on the shelf for reference for
years to come.
Date: Wed, 25 Feb
Thanks for following up but you filled up a huge
gap after I talked with you. As soon as you started talking
about the DMA's, I immediately figured out what I was NOT
doing: determining the TREND first. I was caught up in the 5
and 30min timeframes.
By the way, in the last few days
since then, I am back on track. After talking to you, I
re-emphasized the DMA's, I am now using it in even the smaller
timeframes, 5, 30min, using it in context the way you
prescribed. I now get a clear picture of whats happening.
Thanks again, looking forward to reading your
I didn't feel that I did a good job
in answering your questions the other day. So, I'll try a
recap now that my mind is a little clearer . .
statement below regarding the MACD and Stochastic combination
is essentially correct. It appears that you understand the use
of these indicators and the last thing that I want is for you
to misinterpret my comments and disregard what you have
already learned . .
What you need to do in trading is
establish a hierarchy of decision making to formulate the
context. Based on the following items I would not have been
looking to sell this market; therefore, the false signals
given below would not have created a loss for me. We had just
broken into new high ground from consolidation and down move.
We were above the 25 by 5 and the 3 by 3. We were not
particularly over bought, so I would not choose to be a
seller. If you were using some directional indicator of your
own which told you to sell, you were properly using the MACD
Stochastic indicators. You would then be stopped out quickly.
I saw no directional indicator to support the sale that you
referred to below. The bottom line is this: context context
context context context.
I hope this helps,
Date: Wed, 11 Feb
It was a pleasure to have met you at
the Futures South show. I purchased your Fib Trading Course
and listened to the first two tapes on my car drive back to
Miami. You told me that these tapes have good money management
suggestions and I wanted to tell you that you gave me some
great advice. Your suggestion for new traders (of which I am
one) was to do the first 20 trades on the Mid- AM. Without
your advice my loss would have been $900 plus commission.
I am wait listed for your private seminars.
I hope that by time there is room for me that I have fully
digested your tapes and
Date: Sat, 24 Jan
I have just finished
reading the book.
I will now have four favorite
1. Murphy's classic.
2. Elder's Trading for
3. Le Beau's book.
is in which I have read them.
I have read plenty in the
last 16 odd years since I took an interest in
analysis. But these are the four that I would like to keep
at all times.
I had forgotten a few things
about your system. Your book was great
Date: Wed, 14 Jan
You did a great job. Should be a best
Mon, 12 Jan 1998
I'm almost done with your book (p.254 to be
05 Jan 1998
I'm about half way through the
DiNapoli Levels book, and all I can say is that it is
fantastic. Especially for anyone who, experieced like myself,
has read many books on TA and market psychology only to be
left with the questions, "so now how do I use this?" and "ok,
what do I do next?" Even if we ignore the specifics of the
methods, the explanation of how an expert approaches a market
and applies TA is excellent.