Elitetrader.com Forum versus the Soviet Union before it broke up - Traders Hideout | futures io social day trading
futures io futures trading


Elitetrader.com Forum versus the Soviet Union before it broke up
Updated: Views / Replies:2,385 / 9
Created: by sandman Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Elitetrader.com Forum versus the Soviet Union before it broke up

  #1 (permalink)
Elite Member
San Antonio, Texas
 
Futures Experience: Intermediate
Platform: NinjaTrader, MT4
Favorite Futures: Currency Futures
 
Posts: 29 since Sep 2011
Thanks: 3 given, 14 received

Elitetrader.com Forum versus the Soviet Union before it broke up

I was posting in a forum over on elitetrader.com concerning a strange experience I had with a sudden spike in my cost basis for a currency future held at amp trading.

Then there came an extremely rude post by somebody from amp trading that started "XXXX, I'm not surprised you're having problems managing a single lot position..." going on to brag that they report their transactions daily to YYYY and generally implying I was a tiny trader who was crazy. And then he followed with a voluminous spam post carrying on about the virtues of amp, their data feed, and carrying on about their clearing.

I replied, asking the Amp rep to take his condescension elsehwere, while I take my business elsewhere. I then continued that emails at amp went unanswered and their "emergency trade line" hung up on me deliberately. I stated the opinion that amp futures had some real problems and stated the fact that for the past 3 months I'd been trading that account in tandem with an equal sized account with equal positions at Mirus & hadn't had a problem. The correspondence with Mirus was immediate. They offered clearing through RCG which had been in business since 1928 with > $1 billion in client accounts and 10's of millionn in excess assets, compared with amp's in-house clearing with under $1 million in excess assets and $30 million in client accounts.

There followed posts by multiple other posters stating that amp's post & the behavior of their rep was obnoxious, unprofessional, and reprehensible for berating a client in public & giving details of a client's account in a public forum. Those posts stated the opinion the rep should apologize, pay me money for their bad acts, and possibly give me a commission free account for a year (which I would never use, since I no longer trust Amp).

What followed was interesting. My posts concerning sudden shift in position cost basis at amp, my comparison of Amp & Mirrus was removed as were all the other sympathetic posts from other posters. The only post left remaining was amp's voluminous spam post. I was banned from the forum & can not even see it from my IP address any longer.

I emailed the moderator at elitetrader.com concerning what they had done, and here is the response:

"XXXX, Amp is a sponsor and thus is allowed to promote there (sic) firm. Members that interact with amp be it positively or negatively should not be restricted from posting unless they have repeatedly voiced the same opinion and in doing so have not furthered the conversation, and have halted AMP's efforts in reaching out to our members." (emphasis added)

My translation of this is that you are not allowed to interfere with the advertising efforts of a sponsor in their "forum", for example, by relating your actual experience trading with them, or you will be banned from the forum and your posts removed! Heaven forbid that you should actually let a bit of reality interfere with advertising spam in an elitetrader.com forum.

This is like censorship from the USSR before it broke up, only there they put you in the gulag or had you declared insane by a corrupt shrink & shipped off to a psych hospital.

Has anybody else seen anything like this on any other forum?


Last edited by sandman; November 26th, 2011 at 08:42 AM.
Reply With Quote
The following user says Thank You to sandman for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Oslo
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: Forex
 
aediaz1's Avatar
 
Posts: 57 since Apr 2011
Thanks: 20 given, 38 received



sandman View Post
I was posting in a forum over on elitetrader.com concerning a strange experience I had with a sudden spike in my cost basis for a currency future held at amp trading.

Then there came an extremely rude post by somebody from amp trading that started "XXXX, I'm not surprised you're having problems managing a single lot position..." going on to brag that they report their transactions daily to YYYY and generally implying I was a tiny trader who was crazy. And then he followed with a voluminous spam post carrying on about the virtues of amp, their data feed, and carrying on about their clearing.

I replied, asking the Amp rep to take his condescension elsehwere, while I take my business elsewhere. I then continued that emails at amp went unanswered and their "emergency trade line" hung up on me deliberately. I stated the opinion that amp futures had some real problems and stated the fact that for the past 3 months I'd been trading that account in tandem with an equal sized account with equal positions at Mirus & hadn't had a problem. The correspondence with Mirus was immediate. They offered clearing through RCG which had been in business since 1928 with > $1 billion in client accounts and 10's of millionn in excess assets, compared with amp's in-house clearing with under $1 million in excess assets and $30 million in client accounts.

There followed posts by multiple other posters stating that amp's post & the behavior of their rep was obnoxious, unprofessional, and reprehensible for berating a client in public & giving details of a client's account in a public forum. Those posts stated the opinion the rep should apologize, pay me money for their bad acts, and possibly give me a commission free account for a year (which I would never use, since I no longer trust Amp).

What followed was interesting. My posts concerning sudden shift in position cost basis at amp, my comparison of Amp & Mirrus was removed as were all the other sympathetic posts from other posters. The only post left remaining was amp's voluminous spam post. I was banned from the forum & can not even see it from my IP address any longer.

I emailed the moderator at elitetrader.com concerning what they had done, and here is the response:

"XXXX, Amp is a sponsor and thus is allowed to promote there (sic) firm. Members that interact with amp be it positively or negatively should not be restricted from posting unless they have repeatedly voiced the same opinion and in doing so have not furthered the conversation, and have halted AMP's efforts in reaching out to our members." (emphasis added)

My translation of this is that you are not allowed to interfere with the advertising efforts of a sponsor in their "forum", for example, by relating your actual experience trading with them, or you will be banned from the forum and your posts removed! Heaven forbid that you should actually let a bit of reality interfere with advertising spam in an elitetrader.com forum.

This is like censorship from the USSR before it broke up, only there they put you in the gulag or had you declared insane by a corrupt shrink & shipped off to a psych hospital.

Has anybody else seen anything like this on any other forum?

Thank you for taking the time to share your story, I actually considered them a month ago. I have never heard of such rude behavior from a company in a long time! When people like that work for a company, I cannot imagine how potentially poor the rest of the organization is.

I don't expect such a company to exist for a long time as more and more companies start understand the value of satisfied customers (finally!), realizing happy customers = competitive advantage.

Messed up policies on different forums, where the core value is profit and satisfied sponsorship (brokers) makes you value forums like futures.io (formerly BMT) even more.

"We may not be able to control the wind, but we can always adjust our sails"
Reply With Quote
The following user says Thank You to aediaz1 for this post:
 
  #4 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,215 since Jun 2009
Thanks: 628 given, 6,312 received


sandman View Post
...
I emailed the moderator at elitetrader.com concerning what they had done, and here is the response:

"XXXX, Amp is a sponsor and thus is allowed to promote there (sic) firm. Members that interact with amp be it positively or negatively should not be restricted from posting unless they have repeatedly voiced the same opinion and in doing so have not furthered the conversation, and have halted AMP's efforts in reaching out to our members." (emphasis added)

My translation of this is that you are not allowed to interfere with the advertising efforts of a sponsor in their "forum", for example, by relating your actual experience trading with them, or you will be banned from the forum and your posts removed! Heaven forbid that you should actually let a bit of reality interfere with advertising spam in an elitetrader.com forum.

This is like censorship from the USSR before it broke up, only there they put you in the gulag or had you declared insane by a corrupt shrink & shipped off to a psych hospital.

Has anybody else seen anything like this on any other forum?


Quoting 
unless they have repeatedly voiced the same opinion

I had seen your posts and they repeat the same thing and now you want to repeat it here to.
As far as ' interfere with the advertising' I had personally run 2 sponsors out of town, hazing a sponsor is a tradition to weed out weak sponsor but that doesn't mean you can keep on posting the same thing all the time.

Reply With Quote
 
  #5 (permalink)
Elite Member
San Antonio, Texas
 
Futures Experience: Intermediate
Platform: NinjaTrader, MT4
Favorite Futures: Currency Futures
 
Posts: 29 since Sep 2011
Thanks: 3 given, 14 received

Censorship

Actually, they wiped out all the posts over there, the reprehensible post by their sponsor, the posts excoriating the sponsor for that post, my post concerning strange behavior with CQG/Ninja at amp, and the comparison of amp and mirus. Everything BUT Amp's voluminous spam. That remained.

Listen, I don't want to run any sponsor out of anywhere. But i witnessed some questionable behavior at amp & they behaved in an abhorrent fashion on that forum. Their stuff remained, mine was obliterated: 1) Where is the justice in that, 2) that's a story that needs to be told so those considering Amp will go in with their eyes open, or not at all, and 3) the simple fact that forum exists for the sole purpose of serving the advertising needs of their sponsors without allowing any possibility for reality to be seen needs to be public knowledge.

After this episode, I went over to forex peace army to check what other people had to say about elitetrader.com. Their composite evaluation was about the worst I've ever seen, and this policy of not tolerating any criticism of a forum sponsor while allowing copious spam from those sponsors has been seen before by others, in the particular case of Amp Trading. You might say it's a pattern.

http://www.forexpeacearmy.com/public/review/www.elitetrader.com


I added my own evaluation. Is that repetition?

The issue of censorship in favor of commercialism is an orthogonal issue from the basic fact amp trading stinks. You'll find my opinions of Amp & Mirus elsewhere on this board. That is NOT repetition. When elitetrader made the dubious decision to wipe out my posts on that board, it became a separate issue that deserves separate treatment. Maybe when they lose all credibility in the trading community they'll change what they do. One can dream.


If you don't like what I have to say, there's a simple answer, Cory. Just don't read it.


Last edited by sandman; November 26th, 2011 at 02:00 PM.
Reply With Quote
 
  #6 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

@sandman,

Message received. Now, let's talk about some trading... Or other fresh issues with AMP.

They do seem to be kind of New York rude, but Chicagoan's are kind of like that... Tough, ya know, like Capone...

Kind of makes it fun to work with them.

Reply With Quote
 
  #7 (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: 46,238 since Jun 2009
Thanks: 29,350 given, 83,217 received


sandman View Post
If you don't like what I have to say, there's a simple answer, Cory. Just don't read it.

Careful with this -- this type of thinking and attitude/posture in a post is not welcome on futures.io (formerly BMT).

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
 
  #8 (permalink)
Elite Member
Germany
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Favorite Futures: Stocks
 
Posts: 78 since Apr 2011
Thanks: 36 given, 59 received

Sounds more like the work of capitalism than communism if you ask me.

Anyhow, I've heard some horror stories of AMP on various forums. I won't go into everything here, but I'm glad I decided to seek up some reviews of them before opening an account. Sure, they have the cheapest commissions out there, but it comes at the price of something.

Reply With Quote
 
  #9 (permalink)
Trading Apprentice
Orange County
 
Futures Experience: Advanced
Platform: Tradestation - Not anymore,....
Broker/Data: looking for a change
Favorite Futures: Guitar
 
Posts: 6 since Dec 2012
Thanks: 1 given, 1 received

Hmmmm,
I guess AMP won't be on my list of things to check,....thx

FWIW,
I lurk ET as well,......I really wonder how many posters actually trade,......timestamps submitted suggest a lot of free time on their hands on some of these forums during the trading day,.....just sayin'

Happy New Year to all,....

Still lookin around for a broker / data vendor,..wondering what the heck will happen with the fee structure as of tomorrow,.....TS raising rates,...again,......

Reply With Quote
 
  #10 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received



travelboysteve View Post
Hmmmm,
I guess AMP won't be on my list of things to check,....thx

Good idea. I had to close my account with them. Really bad support, unresponsivem and I could not take it closed my account.


travelboysteve View Post
FWIW,
I lurk ET as well,......I really wonder how many posters actually trade,......timestamps submitted suggest a lot of free time on their hands on some of these forums during the trading day,.....just sayin'

Happy New Year to all,....

Still lookin around for a broker / data vendor,..wondering what the heck will happen with the fee structure as of tomorrow,.....TS raising rates,...again,......

I know some people who trade who read ET, but most don't post. Just sayin'

FWIW, Ninja, TT and DDT have worked out well for me ( and @sam028 has great VPS's )

Math. A gateway drug to reality.
Reply With Quote
The following user says Thank You to traderwerks for this post:

Reply



futures io > > > Elitetrader.com Forum versus the Soviet Union before it broke up

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
union rules kbit Jokes 0 August 21st, 2011 01:47 PM
Robber who broke into hair salon is kept as a sex slave kbit Off-Topic 6 July 13th, 2011 10:26 AM
The straw that broke the camel's back? rtrade Off-Topic 0 June 21st, 2011 09:29 PM
America is NOT broke Big Mike Off-Topic 26 March 11th, 2011 02:54 AM
Week Ahead: Stocks Broke Out, but Can They Hold Gains? Quick Summary News and Current Events 0 September 25th, 2010 01:30 AM


All times are GMT -4. The time now is 03:07 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.18 seconds with 19 queries on phoenix via your IP 54.226.172.30