YTR - YourTradingRoom.com review - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


YTR - YourTradingRoom.com review
Updated: Views / Replies:2,701 / 9
Created: by Bengaltiger 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 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 dont 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
 

YTR - YourTradingRoom.com review

  #1 (permalink)
Elite Member
Pickering, ON
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: 6E
 
Posts: 41 since Aug 2009
Thanks: 139 given, 42 received

YTR - YourTradingRoom.com review

Does anybody have any experience with YTR, their methods, training, indicators and their Global Proprietary Trading opportunity?

Reply With Quote
 
  #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
Stuttgart, Germany
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB TWS / Kinetick
Favorite Futures: ES
 
Jones's Avatar
 
Posts: 32 since May 2011
Thanks: 17 given, 13 received

20 K bucks !?!


Hi,

I had a look at their webpage and downloaded their GPT Member Info Package. Their package deal with education, indicators and system setup is 19997 bucks. I think they life from selling their package no matter how they trade. I downloaded the free booklet "The Truth about Day Trading" almost basic stuff with some system promotion.
There is another program out there to make you a prop trader which costs you only 120 /140 $ for a one month evaluation period. After this period, if successful they want to introduce you to a prop group for a job:
Topstep Trader with their Combine. I would be pleased to post a link but Im not already able to

Do anyone know about other programs or job offerings in the proprietary trading field? May we can collect them here?!

Cheers
jones

Reply With Quote
The following user says Thank You to Jones for this post:
 
  #4 (permalink)
Elite Member
Stuttgart, Germany
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB TWS / Kinetick
Favorite Futures: ES
 
Jones's Avatar
 
Posts: 32 since May 2011
Thanks: 17 given, 13 received

webinar

Bengaltiger,

did you already attend one of their webinars? I think of registering and will report back after....

Yours
jones

Reply With Quote
 
  #5 (permalink)
Elite Member
Pickering, ON
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: 6E
 
Posts: 41 since Aug 2009
Thanks: 139 given, 42 received

Do Not Waste Your Time


Jones View Post
Bengaltiger,

did you already attend one of their webinars? I think of registering and will report back after....

Yours
jones

Hi Jones,
Thanks for your feedback. I attended the webinar, read their ebook and had a 1-on-1 webinar as well to discuss their offer. YTR does have a good business plan which is good for them :-)
You pay up $20000 and then they "allow" you to trade their prop a/c for 1 year. During this time they regulate the size of the trades you can take - does not take much intelligence to realise that the max allowed will be equal to your $20000 that you have paid. In return you will also be able to attend their online trading room, use their trading methods/indicators, etc.
For a trader who knows how to trade and simply wishes to trade a prop a/c - not worth it!
For trader who wishes to learn how to trade - not worth it either!
What is good about them is that they are not "pushy" - they tell you upfront what it is all about and then it's your call.
All the best!

Reply With Quote
 
  #6 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,653 since Nov 2010
Thanks: 774 given, 8,656 received
Forum Reputation: Legendary


Bengaltiger View Post
Hi Jones,
Thanks for your feedback. I attended the webinar, read their ebook and had a 1-on-1 webinar as well to discuss their offer. YTR does have a good business plan which is good for them :-)
You pay up $20000 and then they "allow" you to trade their prop a/c for 1 year. During this time they regulate the size of the trades you can take - does not take much intelligence to realise that the max allowed will be equal to your $20000 that you have paid. In return you will also be able to attend their online trading room, use their trading methods/indicators, etc.
For a trader who knows how to trade and simply wishes to trade a prop a/c - not worth it!
For trader who wishes to learn how to trade - not worth it either!
What is good about them is that they are not "pushy" - they tell you upfront what it is all about and then it's your call.
All the best!

Do they have any figures on the success rate of people who are learning and go on to succeed?

Also - did they tell you how many in their prop firm are now trading the firms capital after going through this process.

If they are a legit prop firm, it should be easy to check them out. If they do offer the chance to rub shoulders with genuinely successful traders, it's not that bad a deal.

What instruments are you allowed to trade when you go for the prop deal?

Reply With Quote
 
  #7 (permalink)
Fortitudo et Honor
Austin, TX
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Futures
 
Posts: 882 since Mar 2011
Thanks: 128 given, 702 received

Here are my thoughts. I think YTR is nothing more than a prop trading firm that is able to keep large numbers of potential traders available, without actually having to pay them or commit to them. That way, they can always ride the horses that happen to be performing best as of late. They never have to go through any effort to switch horses to someone who has a hot hand and they always have a fresh group of candidates via the whole education and training aspect. It's pretty brilliant actually. They make money off the recruiting process, compared to typical prop trading firms that spend $ on human resources and bringing talent in.

Reply With Quote
 
  #8 (permalink)
Elite Member
Pickering, ON
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: 6E
 
Posts: 41 since Aug 2009
Thanks: 139 given, 42 received

Details & Stats


DionysusToast View Post
Do they have any figures on the success rate of people who are learning and go on to succeed?

Also - did they tell you how many in their prop firm are now trading the firms capital after going through this process.

If they are a legit prop firm, it should be easy to check them out. If they do offer the chance to rub shoulders with genuinely successful traders, it's not that bad a deal.

What instruments are you allowed to trade when you go for the prop deal?

I did get all that information during the 1-on-1 webinar I attended with Sash @ YTR but truthfully because I was not overly keen on it having seen that it does not make sense to me, I have thrown away my notes (what I do remember is that they focus only on the Spot FX). Maybe you could ctc them directly, get the information and make up your mind.

Reply With Quote
 
  #9 (permalink)
Elite Member
Pickering, ON
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: 6E
 
Posts: 41 since Aug 2009
Thanks: 139 given, 42 received


RM99 View Post
Here are my thoughts. I think YTR is nothing more than a prop trading firm that is able to keep large numbers of potential traders available, without actually having to pay them or commit to them. That way, they can always ride the horses that happen to be performing best as of late. They never have to go through any effort to switch horses to someone who has a hot hand and they always have a fresh group of candidates via the whole education and training aspect. It's pretty brilliant actually. They make money off the recruiting process, compared to typical prop trading firms that spend $ on human resources and bringing talent in.

Bang on!! My thoughts exactly.

Reply With Quote
 
  #10 (permalink)
Elite Member
Stuttgart, Germany
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB TWS / Kinetick
Favorite Futures: ES
 
Jones's Avatar
 
Posts: 32 since May 2011
Thanks: 17 given, 13 received

paying to get hired by prop firms


Hi @ All,

I made a list with all the prop firms where you have to pay to get in. If interested go there:
https://futures.io/vendors-product-reviews/12037-paying-become-proprietary-trader.html#post133922

Cheers
Jones

Reply With Quote

Reply



futures io > > > YTR - YourTradingRoom.com review

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
daytradingthefutures.com review nqcruiser Trading Reviews and Vendors 114 February 20th, 2017 07:21 AM
EZColortrading.com review HyperionFX Trading Reviews and Vendors 73 March 14th, 2016 06:03 AM
targettrader.com review hiwaymn1 Trading Reviews and Vendors 4 September 16th, 2011 07:00 PM
Help with YTR TVI indicator tradermark2009 Trading Reviews and Vendors 17 June 20th, 2011 04:38 PM
sixfiguretrader.com review gulabv Trading Reviews and Vendors 4 June 14th, 2011 11:48 PM


All times are GMT -4. The time now is 02:57 AM.

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 2017-11-19 in 0.12 seconds with 19 queries on phoenix via your IP 54.80.33.183