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)

  #111 (permalink)

Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
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Posts: 1,858 since Jul 2010
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fluxsmith View Post
It might be no risk (he does have an investment in infrastructure and employees), but listening in on his room for a week, it's sure a lot of work. He makes himself very available to his students, it's not like he sells you an indicator and he's done with you. It's more work than I'd be willing to undertake.

Very difficult for a system vendor with an 8am-4pm trading room to also trade for a living, unless they have sufficient staff running the business and moderating the room, and most of these small vendors cannot afford large staff. They have to work 12 hour days to keep a small business like that going, with customer relations, sales, trade room moderating, after market classes, preparation, research, programing, webinars, etc. There is no time to trade. I did programming work for 2 years for one of these snake oil system/trade room vendors, I know what is required behind the scene when you only have 2 or 3 people supporting the business.


Last edited by monpere; January 14th, 2011 at 09:25 AM.
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