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What programs have you bought? Confess
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What programs have you bought? Confess

  #31 (permalink)
uk, london
Trading Experience: Beginner
Platform: Multicharts
Favorite Futures: forex
Posts: 28 since Sep 2011
Thanks: 6 given, 2 received

wow i wish i know what did u all guys do beforestart tradingas one thing i know if i create a software or an indicatorand its profitable i would want to keep it for me and if am a nice guy i would give it for freeeebut if its not profitable i would sale it. ether way am gona make money

its funny how much money spend on
indicator's or trading rooms.
as for me
i just bought
multicharts and thats it and will never ever spend money on trading room or any
indicatori rather go and burn the money insteadof give it to these kind of people.

books i think around £300 and they all good.
futures.io (formerly BMT) $50 its
amazing how much u can learn from here
and a good PC with nice screen.

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  #32 (permalink)
Trading Experience: None
Platform: NinjaTrader
Favorite Futures: Futures
Posts: 185 since Jul 2011
Thanks: 74 given, 166 received

Elite membership to bigmiketrading.com - $25

Taught me not to buy all the aforementioned stuff.

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  #33 (permalink)
desert CA
Trading Experience: Intermediate
Platform: NT7, TOS, IB
Broker/Data: AMP/wCQG, TDA, IB
Favorite Futures: CL,NQ,YM
Posts: 2,065 since Jul 2011
Thanks: 2,264 given, 1,604 received

It's called "taking one for the team". Those of us who warned everyone else and/or reviewed vendor products truthfully have helped people save money and done them a favor. It's also some small revenge from being scammed for years by all those promises from scumbag vendors who know they are selling junk that could be costly to the aspiring trader and does not help their trading progress and education, actually hurts it by making newbies dependent on magic indicators instead of learning more about price action, trading psychology, and other aspects of the market such as volume and volatility, supply and demand, etc.

futures.io (formerly BMT) is unique from other forums in that vendor members have to id themselves as a vendor, thanks to Big Mike's moderation. Most other forums are deluged with fake traders and shills' posts who say they are consistently or abundantly profitable and then point you in the direction of vendor page signups and trading products. Or if there's a thread of reviews, it will also be filled with shills' glowing reviews to mask the truthful client ones. Not saying all the products are snake oil. There are a few gems discovered after "kissing a lot of frogs" as CJBooth says.

Last edited by Cloudy; October 9th, 2011 at 05:26 PM.
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  #34 (permalink)
Market Wizard
OC, California, USA
Trading Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
shodson's Avatar
Posts: 1,912 since Jun 2009
Thanks: 501 given, 3,472 received

- Optionetics 3-day introduction to options trading course (about $2,500, waste of money, go to OIC instead for free)

- Ninjatrader (1 quarter rental then a lifetime license) (250 + 1,000)
- Tradestation 8.x for a couple of months ($100/mo)
- ProfitSource (from Optionetics, $500, returned, got my money back)
- EODData (several years of historical stock/futures prices)

Indicators/Systems Purchases or Subscriptions
- Logical Forex for a few months
- NetPicks ($500, returned, got my money back)
- EOTPro for a few months, $233/mo

- TAS&C (still current)
- ActiveTrader (still current)
- dozens of books, paper, audio + Kindle

Trade Rooms/Services/Site Subscription
- MasterTheGap.com (still current)
- TradeTheMarkets.com for a few months, about $110+/mo
- ChartPattern.com (several months)
- VectorVest (1mo)
- GorillaTrades (1-2mos)
- futures.io (formerly BMT) Elite (priceless)

- TradersExpo (Pasadena, CA, once, free, 3 days)
- optionsXPO (San Diego, CA, free, 2 days)
- Various Meetups including the one I run

Last edited by shodson; October 20th, 2011 at 01:50 PM.
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  #35 (permalink)
Singapore, Jurong West
Trading Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
Nasdin94's Avatar
Posts: 128 since Oct 2011
Thanks: 11 given, 110 received


LearnToTradeTheMarket Price Action Course
Nial Fuller's Price action Course
AsiaForexMentor Price action Course
QuantumFXPro - Price action Course/webinar/seminar
Dr Barry Burns - TopDogTrading.com Intermediate course

Well, That sums up my journey.

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  #36 (permalink)
desert CA
Trading Experience: Intermediate
Platform: NT7, TOS, IB
Broker/Data: AMP/wCQG, TDA, IB
Favorite Futures: CL,NQ,YM
Posts: 2,065 since Jul 2011
Thanks: 2,264 given, 1,604 received

shodson View Post
- Optionetics 3-day introduction to options trading course (about $2,500, waste of money, go to OIC instead for free)
- ProfitSource (from Optionetics, $500, returned, got my money back)

Sorry it was a waste, but thanks for mentioning them. I started to trade after I read one of Fontanills' first books "Trading Options online". They've been around since 2001 or so. And my first option trades were of course losers. I also attended one of those $100 webinars they hosted once or twice a year. and also bought $100 "technical analysis" cd by Fontanill's buddy Tom. Then I finally learned to read reviews on vendors on various forums and found out what a bunch of horse manure optionetics was all about. They just teach you what an option is for the most part of the $2.5k trading course culminating with a covered call with put protection. That's pretty much it, what everyone else already knows; then they try to keep one hooked on more "advanced" courses and future training programs all costing more even with the "discounts". Then their programs "profitsource" and "advanced get" i.e. trading the 4th wave when the MACD turns up. Then I read in their public forum folks complaining why advanced get wasn't working well and some other saying not a good "year" to trade those. That said, a couple of Fontanill's books are nicely written and teaches options for beginners, but that's all I'd recommend from optionetics otherwise it's hook after hook for more courses and programs.

Other free education and videos on options and spreads can be found at CBOE | Chicago Board Options Exchange

Last edited by Cloudy; October 26th, 2011 at 07:48 AM.
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  #37 (permalink)
Chicago, Illinois, USA
Trading Experience: Advanced
Platform: NinjaTrader, IQBroker
Broker/Data: Interactive Brokers
Favorite Futures: Stocks
Retro's Avatar
Posts: 20 since Oct 2011
Thanks: 0 given, 3 received

Wealth Lab 4.0 was a great buy (Fidelity sucks though), OpenQuant was a waste of time and money, NT7 is my favorite purchase and I might buy IQBroker if the price is right.

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  #38 (permalink)
Legendary Market Wizard
Portland, OR
Trading Experience: None
Massive l's Avatar
Posts: 1,746 since Mar 2011
Thanks: 1,205 given, 2,764 received

I felt like supporting futures.io (formerly BMT) so last week I sent the site $50 and in return I received an Elite Membership
and all the goodies that come with that!

That's the first amount of money I've spent on anything trading related.

I've also spent around 3k in commissions over the past 2 years which has all been recouped.

Last edited by Massive l; November 1st, 2011 at 11:12 PM.
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  #39 (permalink)
Trading Experience: Beginner
Platform: Ninja
Favorite Futures: FDAX,TF,EMD
Posts: 35 since Oct 2011
Thanks: 20 given, 40 received


Lem me see..

AbleSys for TS $6000/I dont use it any more

Convert Ablesys TS to NT 7.0 $1000/I dont use it anymore

Jurik for TS $600/I dont use it any more.

EOTpro $233/a month/I dont use it any more

Viper Pro $399/a month/I dont use it any more

Blue wave trading for NT 7.0:$4000 fully automated /Still use it for ES and TF.

futures.io (formerly BMT) (include tips from Sharky & The Wizard)$50 lifetime PRICELESS.

I wish i heared about futures.io (formerly BMT) along time ago,I would save alot of $$$$$$$$$$$$

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The following 6 users say Thank You to caryn23 for this post:
  #40 (permalink)
Des Moines, Iowa
Trading Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
madLyfe's Avatar
Posts: 1,644 since Feb 2011
Thanks: 9,220 given, 1,013 received

i bought a few things:

an awesome dvd set of step by step learning from the beginning to advanced stuffs on options. was like 180 bucks and it was when i first started trading and didnt know anything about options or trading at all.. i would recommend it to any new trader actually even if not interested in options..

i also got a beginners course with physical reading material as well as some videos on perfecting the art of credit spreads with options.. after going through the first course i mentioned above i didnt learn a whole lot of new stuff, but it was good specific information for options and credit spreads..

and the last thing was an indicator on fib lines that was researched from waves counts starting back in the early 2000s.. i still think they are kinda useful(dont use them much anymore) but after the random line theory thread i am always skeptical..

oh and i guess my investment into this forum! thanks big mike!

dont believe anything you hear and only half of what you see


(╯°□°)╯︵ ┻━┻
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