Friendly vendor competition? | Trading Reviews and Vendors


futures.io - futures trading strategies, market news, trading charts and platforms


Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

Friendly vendor competition?

  #20 (permalink)

Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,664 since Jun 2009
Thanks: 29,758 given, 85,502 received


Portland View Post
In my experience, the few vendors I know of that sell profitable systems right out of the box don't actively promote them largely because they don't want every Joe Schmo to have them. Some have some kind of robust "interview" process they make you go through, in addition to legal documents you have to sign before they let you buy.

In my opinion, anyone that believes that is just naive and lacking all experience and using poor judgment.

Vendors making you sign legal documents is simply to prohibit you from writing about them, including how much of a waste of time it was after you (if you) learn from your mistake.

I'm making generalizations on "systems" that are for sale to retail users for say under $1,000,000.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
Page generated 2018-11-20 in 0.06 seconds with 11 queries on phoenix