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)

  #326 (permalink)

Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,321 received


Big Mike View Post
Except when some vendors list his "track record" like a spreadsheet, with all the money you could have made trading his system, and none of those trades were taken live - or in some cases, some vendors are known for not being clear about what they call as trades in the room, and the winners show up in the "track record" report on the website but losers are no where to be found.

@monpere, would you stop trading your system live, and instead only trade it sim and run a room selling those signals?

Mike

Agreed, that actually was one of my issues with Felton. The track record would show many trades that were never even mentioned in the trade room. It should not be touted as a track record, it is just a list of signals as defined by the method. Many of those trades he was not able to identify in real time while watching the market. Some of those signals might have been impossible to enter due to various market conditions.

Overall, I think people should approach trade rooms with the intent of learning something that will grow them as a trader. If you are looking for the method that will make you profitable the moment you open the box, you will be often disappointed.

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