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Trading Reviews and Vendors


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www.theticktradingroom.com

  #4 (permalink)

Elite Member
New York, United States
 
Futures Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker/Data: Optimus/Rithmic
Favorite Futures: ES
 
Ben16JP2's Avatar
 
Posts: 75 since Oct 2010
Thanks: 182 given, 32 received

Researcher makes some good points.

To make it easy if you use $5.00/rt and have no slippage for there trades, some of their plus $100.00 days become break even +/-.
That is something that should be factored in. This comes from looking at their performance record.
It looks like they average between 10 an 20 trades a day with 2 contracts/trade.
So if you took all there trades commissions would be
10 trades X 2 contracts X $5.00 = $100.00
20 trades X 2 contracts X $5.00 = $200.00

So your broker will definity will be happy :-)







researcher247 View Post
Hola,

They are using a 1:2 reward to risk ratio.

Are you prepared to take up to 18 trades in a day with about 2 hours for lunch if you want to trade the entire day?

Can you accept the commissions and slippage and 'no fill's if you decide to trade only the 1st hour (the basic marketing pitch)?

Do the trial and make sure to CANCEL before being charged.

They are new; my guesstimate is they are marginally profitable and this is a ROOM (will you learn how to do this yourself)?

peace

Hedvig/researcher247@yahoo.com



Last edited by Ben16JP2; November 9th, 2011 at 07:13 AM.
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