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Mirror Trading (www.tradency.com)


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Mirror Trading (www.tradency.com)

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  #1 (permalink)
 ZZZTrader 
California
 
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Has anybody heard of Tradency ? or Mike Maffei ?

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  #3 (permalink)
 dtman 
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No I don't. what do you know about them? It looks like a Spot platform. I personally don't like Spot.

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 bluemele 
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ZZZTrader View Post
Has anybody heard of Tradency ? or Mike Maffei ?

Yes. Never used them because it is very similar to Collective2 and zulutrade etc.. I do not see how those systems will ever work in my opinion. The one that looks the most interesting is currensee.com to me, but still waiting to see how it goes for a couple more years... Social investing is the wave of the future!

I spoke w/ several dudes that sold systems on tradency. Let's just say they would never put their own $ at risk on those systems.

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 dtman 
Los Angeles
 
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I would think that if you designed a system you would be proud of it? But if it doesn't work, well maybe that's how they are paying themselves for the time they invested in programming it. I like the idea of an automated system. But I've been around enough to really question them.

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 jagui 
Italy - Roma
 
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For what I've seen, I don't like Tradency because systems are evaluated in pips terms. That means a winning system is a system that makes pips, while in reality a winning system is a system that makes money. That completely ignores position sizing, which is a very important component of a system.

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Last Updated on September 16, 2011


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