Has anyone ever heard of Felton Trading? (www.feltontrading.com) | Trading Reviews and Vendors


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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #288 (permalink)

Vancouver, BC
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/CQG and Interactive Brokers
Favorite Futures: ES
 
exiledgoblin's Avatar
 
Posts: 65 since Aug 2009
Thanks: 6 given, 15 received


djkiwi View Post
Hi, I think the point here is vendors should be required to show real results by law. I'm not aware of any law that would prohibit a vendor from publishing audited financial performance although would welcome anybody with specific knowledge in this area.

The more probable scenario is very few of them make any money with their systems hence their reluctance to post any form of independently audited results. I suspect the only way most of the them would be able to show a system that generates consistently profitable results is by falsifying the numbers. This of course would have legal consequences.

I continue to reiterate, anybody thinking of signing up with Felton Trading or any other vendor for that matter should ask the basic question:

"If this trading system is so profitable why is this person selling it to me as opposed to trading it themselves?"

Cheers
DJ

The answer in this case is simple. Roger doesn't trade -- He sims. You should see me in a simulator -- I'm amazing. LOL!

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