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www.theoilmoney.com and www.eminipivottrading.com
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www.theoilmoney.com and www.eminipivottrading.com

  #1 (permalink)
Market Wizard Apprectice
New York City, USA
Trading Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, CL, 6E
futurestrader1's Avatar
Posts: 149 since Jun 2010
Thanks: 81 given, 42 received

www.theoilmoney.com and www.eminipivottrading.com

Hello, I was looking at the NinjaTrader partners page on the education section and didn't see guys these until today.

The Oil Money : Watch Video and EMini Trading System, High Win Rate, No Indicators

The first looks rather cheesy with no statistics but only promises, while the latter shows a reasonable basis for profits. Does anyone have any insight on these?

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  #2 (permalink)
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  #3 (permalink)
Tick Tick BOOM
Cleveland, OH
Trading Experience: Advanced
Platform: NT, ToS
Favorite Futures: Index Futures
creasy's Avatar
Posts: 19 since Apr 2011
Thanks: 57 given, 9 received


Looks rather shady.
You would think, if it were so good they would invest some of the amazing profits into upgrading the website.

ι ηεvεя sεε ωнαт нαs вεεη ∂σηε; ι σηℓү sεε ωнαт яεмαιηs тσ вε ∂σηε.
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  #4 (permalink)
Elite Member
Colorado Springs
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Oil
Posts: 9 since Apr 2011
Thanks: 10 given, 4 received

oil money

futurestrader1 View Post
Hello, I was looking at the NinjaTrader partners page on the education section and didn't see guys these until today.

The first looks rather cheesy with no statistics but only promises, while the latter shows a reasonable basis for profits. Does anyone have any insight on these?

Funny, the oil money website spells members wrong: memebers area

don't know if that is a flag on their services but you would think that they would be more careful about what they present to the public

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  #5 (permalink)
Elite Member
Colorado Springs
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Oil
Posts: 9 since Apr 2011
Thanks: 10 given, 4 received

oil room

on the other hand, the cost for the oil room is inexpensive and does have a 30 day money back deal. i might try it out and will post my experiences with it.

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  #6 (permalink)
Elite Member
Jacksonville FL
Trading Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, Currency Futures, Stocks
Posts: 8 since Mar 2011
Thanks: 11 given, 5 received

not worth it

The Oil Money site is a joke....

The "SX3 Protocol" is just Scott bracketing CL with buy and sell stops then hitting the close button almost immediately after getting filled to make 1-10 ticks. He also trades in simulation mode so he lets losers run until they get profitable for screenshots.

He also has some new strategy where he waits for the first minute after 9am est and whichever way that bar goes, he fades the market and goes the opposite way. For instance, the 9:00 EST bar is an up bar, he shorts at 9:01... if it's a down bar, he goes long.

Also, has some guy named Greg that is slightly more advanced and does the same thing, brackets Oil on news events and has an ATM strategy to trail by 5 ticks.

Oh, and also there is some marketing scheme where you do affiliate marketing and get commission. Here's an excerpt from an email:

So, I decided the best way to do that is to bribe existing members to get out there
and spread the word. So here is my proposal.
In addition to the 60% commission you get as an affiliate to The Oil Money, you
will also get one free month of membership for every new member that signs on
in the month of June and July.
This means every new member is worth $75.20 with a recurring $28.20 each month
thereafter as long as they stay in the program.

So in summary... all he does is bracket the market and scalp 1-10 ticks. Don't waste your money. Nothing special here.

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  #7 (permalink)
Elite Member
Lake Michigan (Summer), N. Miami Beach (Winter)
Trading Experience: Advanced
Platform: TOS, Ninjatrader
Broker/Data: Tradeovate, TOS, Dorman
Favorite Futures: indices/currencies/interest rates/energies/metals/grains
Posts: 421 since Oct 2009
Thanks: 219 given, 714 received

Agree with last poster.

Succinctly put.

I downloaded some of his videos; wow--just wow.

But his smooth voice and verbal mannerisms will help the affiliate program.

All he has to do now is setup webinars or teleconferences and have his 'shills' do the testimonies and there it is; a day's pay.



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  #8 (permalink)
Trading for Fun
Trading Experience: Intermediate
Platform: NT
Favorite Futures: Nq
Posts: 114 since Jun 2011
Thanks: 33 given, 26 received

I hate get rich quick trading schemes, It takes the art out of trading. Someone trying to sell you a system is ludicrous considering if they really made a lot of money with it why need to sell it. Good systems should be kept private and only told to the deserving. but hey, if it adds more liquidity to the market so be it.

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  #9 (permalink)
Elite Member
Montreal, Quebec
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Trading Group/Rithmic
Favorite Futures: CL
Posts: 69 since Oct 2009
Thanks: 255 given, 34 received

the oil money

Since they were offering 1 month for 5 dollars, I couldn't help but register just to see what it was all about... Well people are going to get poor fast. Although bracketing seems like a good idea when you don't want to make a responsible choice about the market going up or down...

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  #10 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: ninja,md
Broker/Data: zen,dtn
Favorite Futures: CL
Posts: 28 since Aug 2009
Thanks: 56 given, 16 received

the oil money

Got this email from the Oil Money Trading for JOBB(Joe Bracket Breakout)trading the news. I guess this guy is one of there students. What surprised me was that he showed his p&l and broker statement for Q1.

JOBB Memorial Weekend Special

JOBB:Emoney Q-1 Results 2013: Part 1 of 2 - YouTube
JOBB:Emoney Q-1 Results 2013: Part 2 of 2 - YouTube

Is this for real?

Last edited by markw; May 25th, 2013 at 05:54 PM. Reason: error on Q1
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