Hi all,

I found this vendor, and they seem to have very good results on the emini... but unfortunately they charge upfront around $4000 for their system, and they don't seem to have a trial period... so it looks a bit suspicious...

Does anyone have some feedback on them?

Cheers,
David.

Looks like a well polished website. Their staff roster even had a web designer on it.

They say their indicators aren't lagging. There's no direct link to purchase the product?
Nice looking testimonials.


checking the disclaimer:
"ALL RESULTS SHOWN ARE HYPOTHETICAL, NOT ACTUAL RESULTS."

I used a free demo several months ago. The performance was truly awful for the reversal system. The other systems were not available at that time. Curiously the vendo thought he was doing well. I don't recall the actual performance stats.

For any system such as this I would insist on testing before buying.

Don't bother,

Here is why:

I called him for fun on a Friday (I am always BORED on a Friday right after trading). I took some of my Green Dragon THC Tincture and then 'interviewed' him.

I am a 27+ year full-time swing and daytrader. I know how to 'vet' any vendor on the phone and KNOW with 90% certainty if

a) he/she is full of sh*t
b) knows 'things'
c) shows promise

Don't go there. Highly hypothetical and limit 'entries' (or market w/slippage) and 'assumed' exit fills on 100% of targets.

Although vendor was a nice guy and freely admitted this is a product (all of his products) for newbies.

Finally, he said about 50% of hypothetical performance was 'do-able'--however, when pressed he admitted that was a 'guesstimate' and that he would (if/when trading real money) would trade to a profit GOAL each day and then STOP.

That my friends, is a method that has large amount of win & loss (consecutive) cycles that can be very streaky.

No thanky.

peace

hedvig

I don't know anything of the quality of the bot, but one of my VPS customers wanted to use them on a VPS, and it seems they still using the Machine ID to generate their license key, and were not aware of NT7 3rd Party licensing functions (which is "only" 2 years old), and aware of the well know fact that multiple machines can have the same Machine ID...
So, at least on simple Ninja technical aspects, it's seems they are not good.
And I'm not writing this because they didn't found usefull or answer to my civilized email, explaining them the 3rd party licensing stuff .

Cloudy 

Looks like a well polished website. Their staff roster even had a web designer on it. They say their indicators aren't lagging. There's no direct link to purchase the product? Nice looking testimonials. checking the disclaimer: "ALL RESULTS SHOWN ARE HYPOTHETICAL, NOT ACTUAL RESULTS."

Well, certainly anybody can get a nice CMS template and build a site in five minutes, so that doesn't give me a lot of confidence... but I though the disclaimer was a standard one. and the videos the posted looked promising.

topstep 

I used a free demo several months ago. The performance was truly awful for the reversal system. The other systems were not available at that time. Curiously the vendo thought he was doing well. I don't recall the actual performance stats. For any system such as this I would insist on testing before buying.

I asked them for a trial period, and they don't seem to offer it any more.

researcher247 

Don't bother, Here is why: I called him for fun on a Friday (I am always BORED on a Friday right after trading). I took some of my Green Dragon THC Tincture and then 'interviewed' him. I am a 27+ year full-time swing and daytrader. I know how to 'vet' any vendor on the phone and KNOW with 90% certainty if a) he/she is full of sh*t b) knows 'things' c) shows promise Don't go there. Highly hypothetical and limit 'entries' (or market w/slippage) and 'assumed' exit fills on 100% of targets. Although vendor was a nice guy and freely admitted this is a product (all of his products) for newbies. Finally, he said about 50% of hypothetical performance was 'do-able'--however, when pressed he admitted that was a 'guesstimate' and that he would (if/when trading real money) would trade to a profit GOAL each day and then STOP. That my friends, is a method that has large amount of win & loss (consecutive) cycles that can be very streaky. No thanky. peace hedvig

Thanks a lot for your research, you are truly a "researcher247"
This kind of help is exactly what makes NexusFi (formerly BMT) a great place.
Thanks again!!

daydaxer 

Thanks a lot for your research, you are truly a "researcher247" This kind of help is exactly what makes NexusFi (formerly BMT) a great place. Thanks again!!

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You know what; I am awesome, I decided!!

j/k

No worries; it is what I have to give.

peace

hedvig