Fort Myers, Fl
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninja Trader
Trading: Gc
Frequency: Several times daily
Duration: Minutes
Posts: 18 since Sep 2009
Thanks Given: 14
Thanks Received: 55
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My first impression is Wow!!! You start each month with a $3000 nut to crack before you start to see any money at all. That is tough. And really if you just "set it and forget it" without monitoring it, it just take one glitch while you are in a trade to possibly destroy an account.
So, with 20 trading days a month, you start each day down $150 for this software.
Next you have tons af settings you must get right for good results.
Also they must be new or fairly new. I checked them out on the "Trust pilot" web site and found no listing or reviews for this company.
At their asking price it seems very risky.
I have watched the trading room for the automated 'Right Line Trading' several times. It is a you tube channel live every day. They have a 4.6 out of 5 rating on trust pilot. They have a much more reasonable pricing structure.
I do not think paying $3K a month to a company without a rating would be sound unless you are extremely well funded and 3K does not hurt you financially, then you could be one of their guinea pigs.
I tried bot trading a few years ago before AI systems. I ended up donating a lot of money to vendors without good results. You also must have very fast computers and internet setups for results close to the vendors. Sim results and backtesting when you have slow equipment is not accurate compared to live results.
Also, just be sure you can operate your trading platform well or you can have costly mistakes.
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