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This right here is the bait and switch of all bot vendors. Not specifically talking about Ninjacators, but all bot vendors in general. Their marketing pitches a turn key solution, no experience necessary, make money everyday if you just buy the bot.
Then after you buy, the help desk and group quickly changes tune. After you buy, it's no longer a turn key solution bot. Now it's just a "tool", now you need to study the markets, and tweak parameters, and the reason you're losing money unlike the astroturf group members is because you just need to study more, and definitely not because you were swindled.
Hi,
I have been on a recent webinar regarding Robot Lab and very interested in joining - Are there any updates within this community?
Thanks in advance.
I have had the 5 pack for a few months. Results are all over the board. Ultimately more losing trades then winning. I tried on micros with real money and lost $1k pretty quick. Been on sim since and overall they are losers. Majority of the time they don't even take trades.
I've asked NC to show their bots live. heck, pick one a seek. lets watch the first few hours of market. lets watch it enter a trade and how it reacts. Also show us the settings it is on so we can learn/mimic. explain why the settings are the way they are. All I'm told is you need to do your own research. All they can provide is what it came with. Well, that's not very helpful.
of the 5 pack I bought 2 of them have never run. Chaos theory, bck to the future and trend stalker are the only ones that have run. Overall negative.
I can't post link but if you search youtube or google for twst trading bot youll come to it.
I've looked into them. youtube videos are nice. they were recent videos within 1 week when i looked at them. look really interesting but wanted to see if anyone has used them or seen them before.
I have noticed that this thread belongs in the vendor review section instead of plain vanilla "NinjaTrader". I checked, and we have a large number (13) of "Ninjacator" threads on various indicators and packages of theirs, three of which are in the regular NinjaTrader section rather than in "Trading Reviews and Vendors."
I am moving this thread and the other two to Trading Reviews and Vendors. The location matters because in order to post in a review thread, a user has to have a minimum of 10 prior posts or be an Elite member. We need posters in reviews to be somewhat known to the forum before they can post, to screen out at least some self-promotion by vendors and people they send here, which happens fairly often.
Unfortunately, moving these threads to the review section will also prevent some of those who have already posted here from making new posts until they qualify, but there is a reason for the limitation.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I actually tried them for 1 month and it's like any other automatic trading system out there, hit and missed, I'd called it's semi-automatic, you have to know where and when to enter a trade and they advertised it as fully automatic, documentations are terrible, they have different bots and templates but there's no training/documentation what so ever so good luck figure out by yourself how each of the bot is working, etc....and yes, their youtube videos showing all winning just like any other vendors out there, all winning trades, no losing trades and making thousands/day so don't fall for their youtube videos.
If you search (trading bots...) in this forum, you'll find dozens of threads about auto-trade but there's no good experience on any of them, I've tried 4 auto-trades in the last 4 months myself and I have to agree with all the comments I've read in this forum about auto-trade so make sure you read lots or all reviews about automatic trading bots in this forum, especially "Trading Reviews and Vendors" and you'll save lots money before spending tons of money with no results.
After trying all of those automatic trading bots and read all the reviews in this forum, I'm losing fate on the automatic trading bots. I'm going back to manual trading, just got the Mbox, found it in this forum and I've been learning how to use it.