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Thank you for your inputs and futures.io and thanks to the Vendor Review Forum, saved me lots of money, I read true reviews about Trutrade as well as other vendors, I almost fall into Trutrade. After reading this threat, I decided not to pull the trigger and stay out of it.
Can you help answer these questions from other members on NexusFi?
I'm sorry to hear about your bad experience, I talked to Trutrade and they sent me a quote 2 weeks ago, package 1 with 2 bots ($15k), package 2 with 4 bots ($20k) and package 3 with 9 bots ($30k) and thank you for this thread, I decided not to pull a trigger and stayed out of it.
you don't mind if I ask, what are you using for trading now ?
I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.
I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.
Damn, a trading system above $10,000? That is expensive! It would be interesting to start a thread to see how much each of us has paid for a singular trading system.
TruTrade Auto Ripper [Pro] + [Reloaded], I think when you add those two words I have in brackets, people are just willing to pay whatever. I’ve noticed this.
I just watched the video for this $12,000 trading system, and it’s ridiculous. It emphasizes the fact that you don’t need to understand what you’re looking at, that you don’t need to understand the market you’re trading, or how it works, and all you have to do is just set it and forget it. So basically you have no idea, what this system is doing, and I think that ignorance provides a lot of value to people. And that’s why people are paying $12,000 for the system.
I feel like a trade happened here, and people who buy trading systems like this are the ones holding the bag, and the people who sell these systems are the real traders.
And it’s very tragic,
It’s very very tragic to hear these stories.
@bigmike, I think you should pin this post as cautionary tale. I am reading this and it is an allegory of a nightmare. And I at the same time I’m thinking if you have all that money to spend on systems, why do you even want to be a trader, it appears that you have too much money, and have no idea what to do with that money, but wasted on imaginary ways that helps you make more money?. There is a discordant and incongruent character to the story.
But this should be a cautionary tale and a story that every member of these forums should hear. I think people hearing nightmare stories like these will help A lot of traitors know that buying trading systems is the path of the foolish.
If you don’t understand what you’re looking at, you are a bag holder, the proverbial DUMB MONEY! And as harsh as this is, trading requires tough love, the market gives it to you.
I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.