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has anybody tried tradingstarpro.com

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Futures Experience: Advanced
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This site is a fake: The guys really have no clue or they are just cheating on you



sunny135 View Post
Have anybody tried tradingstarpro.com indicators? He claims his accuracy but do not want to show his indicator till you join his room. He claims that he take live orders and he tells you ahead that his setup is coming.

Usually I am not answering to this trype of post. 90% of all website are a waste of time and a waste of time. Usually you can find it out, if you just have a look at the information given on the website. This is one of the worst cases that I have seen so far. So let us go and have a look.

Positive:

-> They offer a free trial of 3 days. If you want to know more you can sign up. I think that 3 days is a bit short, but it is better than nothing.

Negative:

-> No information on the trading methodology is given on the website. No serious records are available.
-> They pretend that you can trade futures with an account as little $ 2.000. Sorry this is nonsense.
-> The Trade Performance is not really convincing. Just had a look at the July 14 trades.

Have look at their trades for the last week as shown on their charts below:

July 13: On the first chart below you will notice 4 trades.
Trade 1: entry long @ 841.8 -> stopped out @ 840.8 -> - 10 ticks
Trade 2: entry long @ 841.0 -> target reached @ 840.6 -> - 4 ticks (trades was exited after target had been moved below breakeven)
Trade 3: entry short @ 840.5 -> stopped out @ 841.3 -> -8 ticks
Trade 4: entry long @ 841.5 -> target reached @ 842.5 -> +10 ticks

Stated Performance: 3 trades -> 2 winners, 1 loser -> + $ 170
Actual Performance 4 trades -> 1 winner, 3 losers -> - $ 120

July 14: On the second chart below you will notice 3 trades:
Trade 1: entry short @ 839.0 -> stopped out @ 839.8 -> - 8 ticks
Trade 2: entry short @ 838.1 ->target reached @ 837.1 -> + 10 ticks
Trade 3: entry long @ 838.7 -> stopped out @ 837.9 -> - 8 ticks

Stated Performance: 3 trades -> 3 winners, 1 loser -> + $ 200
Actual Performance 3 trades -> 1 winner, 2 losers -> - $ 60

Let us now see the performance for the whole week:

Monday: stated - $ 150 actual -$150
Tuesday: stated + $ 180 actual + $ 20
Wednesday: stated + $ 170 actual - $ 120
Thursday: stated + $ 200 actual - $ 60
Friday: stated + $ 90 actual + $ 190

Weekly performance stated: + $ 490
Weekly performance actual: - $ 120


What would you conclude? My conclusion is that they are either incompetent or dishonest or both incompetent and dishonest.

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