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Trading123.net Auto Trader


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  #1 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
Posts: 120 since Apr 2012
Thanks Given: 12
Thanks Received: 223

Visited these guys on their youtube page and spent some time watching their videos of their Auto Trader.

Just wondering....anyone out there fork over the $4500 for this thing?

Of course, they've got the usual scammer sales pitches, like "earn $1000 per day doing nothing" and so on.

The one thing that bothered me is the dates of the videos...the guy will post 4 days of trading....then not post again for a year!!
Then....same thing....a handful of allegedly "live" trading videos....then he'll vanish for another year.

Entertaining videos, definitely good for a laugh.....simply visit youtube and do a search for trading123.net.

Any opinions or experiences with these guys, please post.


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  #3 (permalink)
 RabC 
London
 
Experience: Intermediate
Platform: Multicharts, NinjaTrader, ESignal
Posts: 38 since Dec 2009
Thanks Given: 9
Thanks Received: 26


I bought one of their indicators several years back (before finding this forum), it wasn't that expensive, think only $200-250...turns out their indicator was not dissimilar to many others out there in the market and it was a derivative of the MACDBB - several verions can be found on NexusFi (formerly BMT).

On the positive side, I'd no problems dealing with them, they were prompt in sending indicator & giving an updated version at no extra cost.


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  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,557


SpyderTrader View Post
Just wondering....anyone out there fork over the $4500 for this thing?

Of course, they've got the usual scammer sales pitches, like "earn $1000 per day doing nothing" and so on.

The one thing that bothered me

Why in the world would you possibly waste your time?

Mike




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Last Updated on May 3, 2012


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