NexusFi: Find Your Edge


Home Menu

 





Trade 2 Live (www.trade2live.com) review


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one tamerrashdan with 11 posts (13 thanks)
    2. looks_two futurestrader1 with 3 posts (0 thanks)
    3. looks_3 gg80108 with 2 posts (8 thanks)
    4. looks_4 supermht with 1 posts (0 thanks)
      Best Posters
    1. looks_one gg80108 with 4 thanks per post
    2. looks_two toulouse-lautrec with 3 thanks per post
    3. looks_3 GreatDane with 2 thanks per post
    4. looks_4 tamerrashdan with 1.2 thanks per post
    1. trending_up 16,662 views
    2. thumb_up 26 thanks given
    3. group 8 followers
    1. forum 20 posts
    2. attach_file 2 attachments




 
Search this Thread

Trade 2 Live (www.trade2live.com) review

(login for full post details)
  #1 (permalink)
 gg80108 
Castle Pines N, CO.
 
Experience: Advanced
Platform: NinjaTrader
Broker: Amp Futures/Zen-Fire)
Trading: ES
Posts: 201 since Jul 2009
Thanks Given: 196
Thanks Received: 132

Anyone have any opinion on this technique? Home | Trade 2 Live. Looks like it is a martingale technique with tape reading,, ioamt.com is another one of these.. Followed ioamt for a while.. really good until the big trend day hammers u ..

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Strategy Filters
The Elite Circle
ZombieSqueeze
Platforms and Indicators
Request for MACD with option to use different MAs for fa …
NinjaTrader
Futures Close-Out Policy
Commodities
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
33 thanks
Daytrading ES & NQ
32 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Battlestations: Show us your trading desks!
24 thanks
Retail Trading As An Industry
21 thanks

(login for full post details)
  #3 (permalink)
 gg80108 
Castle Pines N, CO.
 
Experience: Advanced
Platform: NinjaTrader
Broker: Amp Futures/Zen-Fire)
Trading: ES
Posts: 201 since Jul 2009
Thanks Given: 196
Thanks Received: 132


Finished my 4 day demo of live trading room open about first two hours of trading.... Room made money every day ES, even though all trades were against the trend, not by design, just what market action gave ya..
Thomas was a master of adjusting his position by starting out small 1 or 2 contracts, then adding contracts as the market went against him then taking off a few tics here and there . Saw as many as 10 contracts open at once but would take each one off at a few tics on the backing and filling.. Took a big gulp when he put in a 5 Lot to double his position to get out of trouble,, balls of steel..
The equity curve was a wild ride up $500, down $100 but after about 40 trades in two hours showed a profit. The best I saw was $500 but after commissions was $300 take home pay and the broker took home $200.. If I were a broker I would pay a trader to take training ($2300) to get in on this high broker commission action from this technique...
The charting package was Sierra charts and was using DTN data. even though they would help u set up other charting packages like Ninja...
For me I cant come to grips with the high commissions per profit (around 30% commission overall), just one more thing stacked against me in being successful right off the bat.
Seemed to be a lot of risk to take home $300.....
Thomas, mentioned one could do this with a $5000 account but I doubt u could be successful, and run out of bullets too soon, then ur dead..

Started this thread Reply With Quote
The following 8 users say Thank You to gg80108 for this post:
(login for full post details)
  #4 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
Posts: 125 since Oct 2011
Thanks Given: 14
Thanks Received: 76

Well, i have very old history with this scammer going back to his now defunct https://www.eministrategies,com where I lost over $6000 including $2000 for his crappy strategies Momentum and Reversion
I took the 7-day free trial for the emini scalper in which he set up the VPS for me with the strategy including all the settings that are supposed to be conservative 5 minutes chart
It lost money everyday
Last Monday it lost $925 in one trade
They e-mailed me in the afternoon with a screenshot showing a profit of $875 which enraged me as I'm already watching the strategy loses money everyday and specially on Monday it lost $925 so I e-mailed me back a screenshot of the losing trade which is of course not part of their track record
As with George strategies, all lose money, the only money he makes is by selling strategies to good people

Follow me on Twitter Reply With Quote
The following 2 users say Thank You to tamerrashdan for this post:
(login for full post details)
  #5 (permalink)
 GreatDane 
Tampa, FL
 
Experience: Advanced
Platform: NT, SC
Posts: 50 since Jun 2010
Thanks Given: 38
Thanks Received: 36

Do I read this right that you lost money a long time ago with this room, and now did so again?! Always do your own due diligence, but if it helps...

As the prior post was a couple of years ago, one thing to always keep in mind that rooms/traders change their affiliations, so if you decided to try them based on the review before yours re: a trader named Thomas, it doesn't appear that Thomas is with that room anymore.
Trade2Live ? About Us

Thomas would appear to be Thomas DeLello, as I watched him many times a year or two ago - I think in his own room - and that style of trading matches him. He seemed legit (showing DOM, if I recall), but not my style. Yeah, here's a listing from a couple of years ago:
Welcome to OnlineTraderCentral.com

If he was the reason you gave Trade2Live a look, Thomas can be found at his own room; again, not my cup of tea, but if you're interested:
Who We Are | OrderFlowEdge

Fwiw, here's George from Trade2Live's info from NFA, if interested:
BASIC Details

I don't know anything else; couldn't find my 10 foot pole. Not surprised with your latter experience from his bio, having company after company, IB after IB. The Trade2Live website's bio on him it says he sold his IB business in 2011 to focus on trading (though that company was a managed funds and trading company, too). Per his NFA listing that business he left in 2011 has a status of "No Current Status"; maybe a purchaser changed the name. He was briefly affiliated with another IB in 2013, too.
BASIC Details

Reply With Quote
The following 2 users say Thank You to GreatDane for this post:
(login for full post details)
  #6 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
Posts: 125 since Oct 2011
Thanks Given: 14
Thanks Received: 76

I was sim trading the ES scalper
Attached please see the performance and the only trade it did last Monday

Follow me on Twitter Reply With Quote
The following 3 users say Thank You to tamerrashdan for this post:
(login for full post details)
  #7 (permalink)
 
futurestrader1's Avatar
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
Posts: 149 since Jul 2010
Thanks Given: 81
Thanks Received: 42

Interesting, I never check this guy out...but was this the scalper you were using?



he says in the video it must be traded manually....perhaps a new autotrader.....I'll probably check out the free trial and see what it's all about.

Reply With Quote
(login for full post details)
  #8 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
Posts: 125 since Oct 2011
Thanks Given: 14
Thanks Received: 76

I lost so much money trading his now defunct Reversion and Momentum strategies
He closed his old website https://www.eministrategies.com

Sent from my iPhone using Tapatalk

Follow me on Twitter Reply With Quote
(login for full post details)
  #9 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
Posts: 125 since Oct 2011
Thanks Given: 14
Thanks Received: 76

This is simply supertrend strategy and of course for it to work you need a very strong trend
I guess you can sign up for the free trial
But no matter what you do, never trade real money with him


Sent from my iPhone using Tapatalk

Follow me on Twitter Reply With Quote
The following 3 users say Thank You to tamerrashdan for this post:
(login for full post details)
  #10 (permalink)
 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
Posts: 125 since Oct 2011
Thanks Given: 14
Thanks Received: 76



I just attended the scalping room
And as usual, a losing trade after a losing trade
He thinks himself an autotrading guru but his crap always loses money


Sent from my iPhone using Tapatalk

Follow me on Twitter Reply With Quote
The following 3 users say Thank You to tamerrashdan for this post:





Last Updated on December 23, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts