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The Intentional Trader - Tony Peterson (www.theintentionaltrader.com)


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The Intentional Trader - Tony Peterson (www.theintentionaltrader.com)

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  #31 (permalink)
Leeds UK
 
Experience: Intermediate
Platform: FXTrade
Broker: Interactive Brokers, CapitalSpreads, Oanda
Trading: GBP/USD
 
Tymbeline's Avatar
 
Posts: 429 since Apr 2015
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On each of the first two "independent reviews" websites I've looked at, the most glowing review of this service was posted by someone called Praveen, and I notice from The Intentional Trader's own website that apparently someone called Praveen also works for them, and indeed has an email address at their domain provided as a resource for members having problems.

Maybe a coincidence, I suppose? Or perhaps at the time of posting those reviews, Praveen was simply a loyal and enthusiastic customer, and was subsequently offered a job with the company? No commercial trading vendor would plant any deceptive or incentivised reviews on the web, to try to counterbalance some of the really bad reviews they also get, right? You can imagine what kind of impression that would create. Or maybe a malicious competitor "planted" those reviews specifically to try to create that kind of impression (or is that "too deep"?)?

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  #32 (permalink)
Canada
 
Experience: Beginner
Platform: MetaTrader
Trading: Currency
 
Posts: 45 since May 2014
Thanks: 25 given, 32 received

It's much more incentives than that. I did the trial as well, over a year ago I think. Pravin is the early morning room host and I think he does tech support as well. However, he was a room client at one point and he was still trading when I did the trial. Super nice guy. So is Tony. And I think he's Ho est as well. I believe the I at system works bUT it is very conservative.

Tony put me in touch with existing clients who said nothing but good things. Some of them have modified the system to their needs and are more agrees I've and still successful. I think one of the things Tony focuses on is accountability and practice. Those are not bad things but membership is not cheap either.

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  #33 (permalink)
Leeds UK
 
Experience: Intermediate
Platform: FXTrade
Broker: Interactive Brokers, CapitalSpreads, Oanda
Trading: GBP/USD
 
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DrRumpy View Post
I think he's Ho est as well.

If you think that, do you also think he should edit the "independent, objective reviews" he's had published on the web to mention that he's also an employee of the company, so that they don't appear deceptive in intent?


DrRumpy View Post
Tony put me in touch with existing clients who said nothing but good things.

Naturally - would he really give out the contact details of people who might say the type of "bad things" that some online reviewers have mentioned?

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  #34 (permalink)
San Diego
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
 
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Tymbeline View Post
If you think that, do you also think he should edit the "independent, objective reviews" he's had published on the web to mention that he's also an employee of the company, so that they don't appear deceptive in intent?

I had signed up for Tony's room many ago and Praveen was one of his early students. So was Lisa. I know Praveen wrote a review on Investimonials back then. He did not work for Tony at that time. And Investimonials is an independent site so I don't think he needs to go back in time and amend early reviews he wrote as a client just because a few years later he joined them as an employee. Now if you are talking about a Praveen review on the actual IT site, then I agree it would make sense to put that caveat in.

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  #35 (permalink)
Canada
 
Experience: Beginner
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Posts: 45 since May 2014
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Tymbeline View Post
If you think that, do you also think he should edit the "independent, objective reviews" he's had published on the web to mention that he's also an employee of the company, so that they don't appear deceptive in intent?



Naturally - would he really give out the contact details of people who might say the type of "bad things" that some online reviewers have mentioned?


I hear you, man. You are preaching to the choir for the most part. I've paid my dues in sucker tax, but I made those mistakes. My point is that Tony is the best of a bad lot. Is his marketing copious and suggestive of an elusive dream? Yes, I think so. I think he's better and more realistic than most.

What's really interesting is the existing customers I spoke to. It was _because_ of those conversations that I never signed up. It's tough because I don't want to say too much, but one person was successful because he adapted Tony's approach and from his feedback, out performs IT.

His compliments for Tony were about the mantra to be patient, to make and follow the plan, to execute this approach flawlessly. In essence, more a coaching for that specific customer who was already more successful trading than his teacher. I witnessed this message in the room myself.

Another IT client I spoke to trades nothing like Tony. He returns to the room for the environment and messaging as well. There's a lot more I could say on this particular topic, but I cannot.

What I left with was Tony is an honest guy. He actually trades but is extremely risk adverse. His coaching and messaging is constructive and helpful. Even for people that don't trade his system. I personally felt after the trial is too much money for what I would receive. I'm past the indicator thing now so I cannot rationalize spending ridiculous money for them.

Like buying the best wrench will turn me into a plumber and impart the knowledge I need to unplug my toilet. It's absurd.


Regards.

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  #36 (permalink)
KNOXVILLE TN.
 
Experience: Advanced
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Broker: A.M.P. I.Q. ....C.Q.G.
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Posts: 561 since Mar 2012
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when you consider the cost of this stuff, it is a surprise he is not being blasted of the forum....just that fact alone tells me it must be o.k. he must be saint Tony compared to other vendor reviews..

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  #37 (permalink)
KNOXVILLE TN.
 
Experience: Advanced
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
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but after taking the 3000 to 4000 bath is there any one out there that was green in 30 days and is now living in Saint Kitts. please step forward and share the thrill ride,

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  #38 (permalink)
KNOXVILLE TN.
 
Experience: Advanced
Platform: nijia trader
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Posts: 561 since Mar 2012
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TPeterson1055 View Post
Hi Forrest. Thank you for the kind words and I am glad you remember me and the folks from the room fondly.

I rarely have time to read or write in forums but a room member brought your post to my attention and felt that it was inaccurate in many ways. I hope you don't mind if I straighten out some of your mistakes or out of date information. I encourage you to revisit our trade room or attend one of our training sessions or webinars in the near future so that you can write reviews based on current information. I do not believe you are doing justice to the good folks here that are looking for an informed opinion.




Forest, we have multiple indicators that were written in house and exist NOWHERE ELSE. True that we use support and resistance pivots and have created a new set of them to help make our trade setups easier to see and trade. But we use the same algorithms that the rest of the industry uses to produce the lines. Our Intentional Entries, SpeedTick, Ricochet, Pull Back Alert, and several others are unique and cannot be just "put together" to create anything remotely similar.

The strategy fills are NOT INTENDED, nor where they EVER INTENDED, to be a signal generator that you just blindly trade. The strategy (now known as the Intentional Entries because of this misunderstanding by you and a few others) is a collection of indicators that generate a buy/sell signal when they are all in confluence. This signal is then qualified using support and resistance to make sure that you are not trading right into a strong line. I take full responsibility for you not knowing or understanding this. Honestly, I do not know or understand how you could have been in the room for a couple of months and not heard that a few dozen times. It was my job to make sure that everyone knew how to trade the IE, and on this apparently I failed you.




It has been nearly a year since you were in the room so again your information is extremely out of date. You might go to our website and go to the videos tab. There I have full days of trading posted, raw and uncut just as if you were sitting in the room with us. I do not review or edit these videos as I do not have time. They are simply to let people get a feel for how we call trades out and see that I do call them out before hand, will talk through the trade as I can, and go over the trades afterwards. My online trade log is live and many of the room members have it up on their screens to compare my trades to their own. If I EVER shilled a trade and lied about entry or exit, they would crucify me on the spot. So there are dozens of people that will disagree with you on this.




Again this is a failure on my part. We have, and have ALWAYS had concrete rules. I think a visit to our videos (or webinars tab) or trade room will help clear you up on that. You might pay special attention to the video on risk level.

Yes, this IS a discretionary system. Yes, I do not push the button for you so obviously you will pick which signals to take based on your own level of risk and experience. If you were looking for a signal service I am not sure why you stayed for as long as you did. We teach people how to trade our system and provide indicators for them to use that they would otherwise have to purchase from us and install and use on their own computers. I guess that is what people pay for. BTW...most of the traders that were in the room when you were there a year ago are still there...and happily paying each month.



Well I definitely cannot have issue with the your opinion of the atmosphere and again, thank you for your gracious compliment. I think though, that the folks here at Big Mike's deserve an informed opinion based on current information. Yours is nearly a year old, which really does not help anyone. You have helped me however. I MUST do a better job of explaining some things that maybe you did not understand. There is a good chance there were others that did not understand that were not as forthcoming as you were and I hate that I may have failed them as well. I am forever trying to get better at my job and I will take this information and use it to improve my teaching skills.

I wish you nothing but great success in your trading.

why can you not highlight a 4 tick zone on the chart, where the key reference points are at. then when the price reaches that area and the order flow conditions are meet using your indicators ....it will auto execute and manage the trade using the advanced trade management tools inside Ninja trader.

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  #39 (permalink)
Seattle
 
Experience: Beginner
Platform: Ninja Trader
Trading: CL
 
Posts: 24 since Jun 2018
Thanks: 11 given, 3 received

It's being a while since I've seen a review. They've also refreshed their site and branding:
https://secondbraintrading.com/ . Can folks provide a comprehensive experience on the Training received, Indicators and also the room. I'm mainly interested in the training and the indicators. but either case. Would value hearing fresh and direct feedback. Thanks!

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  #40 (permalink)
vancouver
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ES
 
Posts: 6 since Jul 2011
Thanks: 2 given, 3 received


Does anyone have the Second Brain Trading system? How is the trading working out for you? I am considering getting the system as well. They have developed some cool realtime indicators that I would like to use in my trading.

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