Anyone heard of The Trading Den-Simon Townshed? | Trading Reviews and Vendors


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Anyone heard of The Trading Den-Simon Townshed?

  #5 (permalink)

Elite Member
Milano, Italy, EU
 
Futures Experience: Intermediate
Platform: Ninja + Jigsaw
Favorite Futures: ES
 
Psy24X's Avatar
 
Posts: 34 since Jan 2014
Thanks: 97 given, 23 received

My experience in the Den in two words

I spent three months in the Den from May to July 2014.

I joined because I intended to learn orderflow reading, but wasn't given any tuition about it. In fact the Den was basically a signal room, and only after many months a member would be allowed to watch the videos explaining how Den's strategies work.

I never got to that point, but even if I did, it would probably be like reading yesterday's news: in fact during my relatively short stay in the Den, the guys at the helm (Simon and Aldo Lagrutta) frantically tried at least four different strategies on countless futures contracts. So what started in May as an orderflow-based ES scalping room, ended up by mid-July as a CL swing trades signal service, with completely different risk parameters. Of course, money was consistently lost in the process.

The equity curve they advertise is legit to my experience, but it doesn't take commissions into any consideration. Therefore it would look substantially different to any retail trader.

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