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In the email, Mike never mentioned the trend direction or what criteria he was using to define the trend to make the claim to "Know with statistical certainty when a move was coming - to the minute - and in what direction". One would assume that all dots are tradeable.
Such statements fool newcomers. I don't like to see this promulgated and the vendors need to be challenged. Otherwise, the industry's reputation goes further downhill.
Regards, Mark
p.s. Your chart (that edited my marked up chart) has errors that would need correcting.
p.p.s Random dots in the trend direction could possibly be profitable when the market is trending.
p.p.p.s I attended many BTTF trade rooms.
Can you help answer these questions from other members on NexusFi?
Mike has started a new thread and I propose that any legit and ethical vendor who is willing to share their factual daily records and also gets a customer or 2 to share their actual experience on this forum should be allowed to become part of this wonderful community.
We can not and should not treat all vendors alike. There are few very good ones and we all will be so much better off if we get to learn and share their methods
Yes to join will be a fee and better still the legit vendors can offer futures.io (formerly BMT) members a prefential discount and that way they will get more for their money and marketing cost then bombarding people with marketing emails
futures.io (formerly BMT) is large enough to make a good income for any vendor if they are ethical
My Saturday morning thoughts and what say you members and the Big Guy Big Mike
Plain and simple, and I think this would damn near solve all the fraud that is out there.
1) Require all NT partners to have a valid 'contact' page with their full legal name and a phone number. You can easily verify this by requiring …
I wouldn't apply it to this scenario. This vendor already has done a good job with contact info on his website.
Please @sharmas do not invite vendors to "prove" their system on nexusfi.com (formerly BMT). It is against forum policy to promote your product and service, and I have no time to babysit a bunch of worthless backtests or sim trades or vendors that "call" trades in their room and then show spreadsheets of how much money they make which bear no correlation to what was actually discussed in the room.
The list is never ending, and I will not invite vendors to take those tactics to nexusfi.com (formerly BMT).
Vendors always say they can't show broker statements for whatever reason. It's bs. I showed broker statements, real-time fills, daily statements, monthly statements, quarterly statements, ytd statements --- so everyone could plainly see my trades. If I can do it -- someone that is not selling my trades -- then surely a service that is selling something can do it. Accept nothing less.
How long exactly have you been using BTTFT? I ask because I'd like to gauge your success of 90 to 200 ticks per lot or 80 to 120 ticks per lot like your later post relayed. Either way I'm impressed! Also could you provide some screen shots explaining your success?
what an interesting an eventful session this was yesterday.
Michael loves his system and his own voice..He was barking and i mean it when I say barking at another member and was so condescending in his manner.
I asked him a question and he answered as wasn't sure if his signals meant going Long or Short...After that another signal did not workout so i asked him for clarification.
Michael the great did not respond to my questions ( as the signal went against his call) I stayed in the room for another 30 minutes and asked him few times.
Before leaving the room due to frustration said that he is yet another vendor who will only respond when he is right or market works out.....No response and left the room...
He than followed up with a not so pleasant email...What a hero....he had the opportunity to respond in the room but choose not to...
Well yet another Vendor who is promoted @NinjaTrader on regular basis shows the true colors...
Hey Saten, thanks for posting this - it gives me a chance to tell everyone what happened yesterday.
The nice part about GoToMeeting, is that it saves everything you type to me in the room...and I don't have to remember what you said, versus just copying and pasting things.
When you arrived at the 5 hour class, about 45 minutes into the room you were asking if you should "go long" or "go short" based on the signals you had seen for a sum total of 45 minutes. Anyone in the BMT community knows that you don't trade signals you have no statistical history with. It became very clear in our exchange that you were less concerned about learning - and more concerned with me calling out live signals that could be shadow traded.
When I started to answer your questions - which were great questions - you typed the following 2 statements to me 49 minutes into a 5 hour class:
"okay..this has been a waste of time Michael...You are no different oJJ of SOT who loves hearing his own voice... "
"so are you one of those Vendors who will only answer when you are right... "
"good bye... keep selling the dream to poor people as this is just as what people said... "
You came believing I "love the sound of my own voice", and was "selling the dream to poor people". You left believing the same thing.
I answered EVERY one of your questions, and explained EVERY signal of the charts.
You, unfortunately, were one of those customers that forgets there were 86 PEOPLE in the room, also asking questions. You reacted like a small child, or a teenage girl when you didn't have a private - in -real- time conversation with me so you could place live trades (possibly). Rather than act responsibly - and respectfully - which I did to all 86 people - you did something else.
Traders that come in with your bad-attitude-heart problem always pull what I call a "BONZAI!!!!!". You come in the room, throw 82 questions at me in 15 minutes, expect an answer right away, and then hurl several personal insults at me before you storm out of the room BONZAIIIIIIIIIIIIIIII!!!!!!!!!!!! It happens about twice a month - and is always fascinating that when you do it, you expect the person you insulted personally to act like Mother Theresa and say, "oohhh, Saten....you're so right. Now now, here's some cookies....let's put a warm blanket on you and read Mark Douglas together....ok?"
I asked that you behave like a human being, in a room full of other human beings - all trying to learn and figure things out. I told you I would review everything - and tell you what was happening in real time - and that at the END of the webinar, we'd go through each signal to make sure EVERYONE understood what happened at each one.
I've attached the chart for the Crude Futures signals that appeared during this episode so that people can see what you were referring to - as you painted a picture where nothing worked. People can judge for themselves what happened.
FINALLY - I spoke with my partner. He said that if I wanted, I could give you a free lifetime copy of the software ($2,495) if you wanted it, with the understanding that you wouldn't take it - and if you did, you probably wouldn't attend any of the classes to actually learn how to use it. I told him you wouldn't - but there's the offer, nonetheless.
I am not a monster. I'm a human being - a guy with 3 kids, and a wife. You guys all think I'm sitting somewhere in West Palm drinking Whiskey Sours on the beach with my blonde trophy girlfriend. I would LOVE to see Saten run a live GoToMeeting with 86 people screaming questions at him and see how nicely he reacts when someone like him shouts "YOU'RE A PIECE OF S**T HAVE A NICE DAY A**HOLE", and then leaves the room before you can react.
Let me know if you want the software - everything I have for free - every tool I've made is yours. I don't think you'll take me up on it, and if you do, I'm pretty sure you won't try to learn. I think you want a black box system and a guy from Texas telling you when to press the buy button so you don't have to take responsibility for learning something.
Your move, Saten.
Please send me a Private Message if you have any questions about BTTFT services
There is always two side to a story...With the Log attached which Michael sent to me directly speaks the truth and no where did i shout or threw colorful language that Michael has accused me of...He has lied and i take this seriously that a person of Michael/s stature will go out and lie to this extend... The LOG is the truth ls
One is the truth which i have sent via the PM and one that Michael has written, which is a sheer lie.
There was no interaction and FACT....in Webinars only the presenter has the control... and i left the room when there was no response and attached is the log which Michael himself sent me.
I wasn't rude to him as i asked questions to understand and when the signal worked out he answered me straight away.... But then for 30 minutes he ignored all my questions... .But from the email i sent you via PM CLEARLY shows he was happy to have a go at me in private domain rather than in his room
Nothing is lost Mike all good with me...Please there is always 2 sides to a story FACTS versus Lies....
HONESTY is something that is hard to get and Michael has showed it here that ....There was not a SINGLE discussion IN ROOM with me and him and he did not offer me anything at all ....I urge if the so called 86 people can come an tell the truth... WHY does one has to lie ...Be honest and people will respect you for it...
I can send you all my email interactions with Michael after i left the room...WHY do any vendor including Michael send an email and demand one should respect him....
I have no reason to LIE or fight with this Vendor as the truth is known by many ...
As i said....The truth and the lies and now one can decide which side they want to believe.... And i am happy to send all my emails to show the truth behind this Michael...
Wow. I hadn't heard of your company before but I had noticed this thread at the top of the forum page for the past few days and thought I would actually read it. If I come in to your chat room and insult you as you say happened can I have your software for free too?
If I was a happy customer of yours who had paid for your product and was trying to work things out in a polite and serious way I would be really pi**ed off.
I'm willing to, and do share everything I've learned and know about what I know Matthew. So much so that people who've come to the event who are great programmers (great like Cory and Gomi are in here, great) have gone back to their desks and written algorithms that approximate what I've created (which is awesome...it means I taught it well enough that someone else could replicate it). While we're not IO or BMT - we attempt to uphold the ideals and the high bar established here with as close to an open source community as I can achieve as a paid provider. As a general rule, people who want to learn will learn.
I'm glad you're in here Matt, and appreciate your comments. I'm a BMT member, and was a customer/trader long before we ever ended up doing this. I'm not perfect - but am progressing as an educator (there's no school for webinar presenting, btw...you learn as you go). Sometimes I get in the way of the message or lesson I'm trying to communicate despite my best intentions, amplified by the "online" phenomenon where people type things bravely they would never say to someone's face. It's hard to bat 1,000 when people and personalities and everyone's history gets intertwined. You do your best and try to learn from it, I guess.
Many times people are abusive, or contrarian for contrarian's sake because of how they were treated by the last educational provider, and project that onto the next person (I used to do to that, at least). I had one BMT member since this last guy's rant approach me civilly and respectfully - willing to take the software for free with the training and report back what he saw here - so we're going to work with him and happy to do so in a spirit of honest skepticism. If your'e up for that as well, I'll be happy to extend it to you with a lifetime license gift out of respect for what happens in these forums and for Mike who I believe to be one of the good guys. (again, PM me).
I appreciate this community, and thank you for your insights. Will try to learn from them going forward.
Have a great trading week everyone.
Please send me a Private Message if you have any questions about BTTFT services