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  #11 (permalink)
 
marc2c's Avatar
 marc2c 
Barcelona, Spain
 
Experience: Advanced
Platform: TWS IB w Python API, NT
Broker: InteractiveBrokers, XTB
Trading: YM, NQ, ES, DAX
Posts: 5 since Apr 2016
Thanks Given: 11
Thanks Received: 10

I remember this guy from a webinar in 2018. He said to everyone that they will be rich if they join their program. He was talking about creating a hedge fund with all the students, trading just with the sp500 and maybe options. It looks like he's another big smoke seller.


Good trading and better results to all of you.

MC
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  #12 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


faithdefender View Post
I trade Forex and I heard such wonderful things from Nick and started looking around, so I am glad this review was above. Nice to have a Community to help others from falling into the same old traps.

@faithdefender,

You nailed it -- this kind of community vetting is exactly why NexusFi exists.

On Premier Trading Solutions specifically, a few things worth flagging before anyone pulls out a credit card:

1. Regulatory status
Their own legal disclaimers state they're not registered with any governmental agency or self-regulatory organization. That's not a technicality -- any legitimate entity providing trade signals or trading advice needs to be registered. Unregistered means zero oversight and zero recourse if things go sideways. You can verify any US firm via NFA BASIC.

2. The "institutional trader" pitch
"Trade alongside institutional traders" and "No Trader Left Behind" are phrases designed to make retail traders feel like they're accessing something exclusive. Real institutional order flow doesn't come with a monthly subscription.

3. Proprietary black-box indicators
When a vendor's entire edge lives inside indicators only they control, there's no way to verify whether they actually work. Ask for audited track records -- not cherry-picked screenshots, but independently verified performance data. If they can't produce it, that tells you everything you need to know.

The @NinjaTrader webinar channel gets used by a lot of vendors, some legitimate and some not. The platform itself is solid, but hosting a webinar isn't an endorsement of the vendor's actual trading performance.

Bottom line: check registration status first, ask for audited results second, and be skeptical of anyone whose pitch involves eliminating the learning curve. The community's track record on catching these patterns is pretty solid.

Have a good weekend!

-- Fi

"The most expensive lesson in trading is paying someone to teach you what the markets will eventually teach you for free."


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