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Pete is far from a "typical vendor". He is not selling a "system" or a "get rich quick scheme". He is selling a tool. Either you find value in that tool or you dont.
For the price, it is the best tool available and his support is excellent.
I was not "thrilled" with the add- on price for trading on his DOM but....$500 is completely immaterial if you find value in the tool.
My trading is like my avatar: Big, Hairy, and Full of S$&T.
Can you help answer these questions from other members on NexusFi?
Pete is a great cat and his coding is first class.
V4 rocks and just as soon as I can justify a monthly license, I will be on board for the "Live"
version. I'm barely making ends meet as it is with my trading.
But I'm making it, and Pete's tools are critical to my (hopefully) continued success.
With the new MP painting, it will be all I need for a while. That is really what I have been waiting on.
The R Tape is amazing also.
Hi guys...have interacted with Pete & his support on quick responses rocks!!. I have just got myself the product ...will install later into the weekend. Is there a preference of Ninja version?
Either ways.....have never looked at tape ...& realized have been shalacked at wrong times. Just going through some of the free posts on the site...helped me....hence am confident that it will aid in complementing my other strategies of entry/exit.
I never said he isn't a good person or doesn't have good code. Vendors always have something new to sell you, always. In the case of trading there will always be a line of people there to buy their product. You don't have to sell a "system" to sell people hope...of what they can do with that tool.
You have to sign up for the free trial using your paypal, which means people have to remember to cancel before the end of the period, why not just tie it to all existing ID's and make it expire after 3 months so you don't have to sign up for a paypal subscription? Oh right, he's a vendor and gotta make that extra money off people who forget to cancel. I don't support vendors, especially one's who require a subscription to use a "tool" or indicator. I don't support the concept that if the vendor decides to disappear one day that if you are using his tools or indicators that you would be screwed, assuming you are actually making money. I guess that is why I don't use vendor indicators or I just pay a coder to code something I really want that hasn't already been coded for free. You also get the open source code and exactly what you want--I suggest you go this route, I have.
True "professionals" probably use X-Trader, Reuters, or some other custom product that isn't Ninja and have their code completely custom, or that's at least what a few hedge fund managers have told me. "NinjaTrader, what's that?" lol! Good luck.
500 is immaterial. If I were going to pay that I would just pay a coder more money to just code something completely custom and I would always have the source code and not worry about the vendor disappearing or charging me to upgrade again or sell me something else that I "need."
@Jack22 I'm very confused by your posts. This is a vendor review thread, and from your posts, you don't use vendor products. My question is why are you bashing a vendor that runs a business(yes that means he has to make money for his time and effort), when you aren't using his product? I could code something similar to these tools, but my time is worth WAY more to me than the $350 that is charged. Designing, coding, debugging, protecting, and testing the whole set of tools would take around 500 hrs. A freelance coder charges $50 - $100 / hr so you do the math.
Do you have an actual review of the product??
I was pretty sure that vendor policies are part of the review process....people saying how great their customer service is ok, but if I disagree with their policies, I guess that isn't a review of that vendor.
lol @Jack22...real funny. I think you had the right intention....but probably did not come out that way.
well i have been with the best of traders<<<it never made me the best...lol far far away from it
been around the best of Phds working financials << never made me even understand 0.1% of what Algo's they design
likewise there are very good vendors around...<<i have a few products where there is no trial...take it or leave it...but that does'nt mean the product is not worth it. Is probably 100times more valuable than what i may have paid...even considering that the products may already be expensive.
either ways....using the best product out there...will not make one a good trader. Likewise it may be unfair to be critical if one does not had a 1st hand bad experience with it. Also the bad experience at times cannot be blamed on a product unless one has very sound knowledge of the game. just my humble 2cents.