Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)
Updated: Views / Replies:30,316 / 86
Created: by Cloudy Attachments:9

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 don’t 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
 9  
 
Thread Tools Search this Thread
 

Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)

  #11 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,326 since Jul 2009
Thanks: 1,244 given, 2,629 received

Tradeitordateit..... Ignore it!

Watching his live feed, I went in long at 1237 along with him and took a small profit. While he remained long, I reversed to short and in a few minutes got 1.75 handles on one car. Meanwhile he had doubled down to a 100 car long position, which turned on him.

All sim, of course. But enough to see that he is a pretty bad trader, stubbornly staying long when the TICK was MORE stubbornly remaining negative. I guess he thinks he is smarter than the market.

Attached Thumbnails
Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)-es-12-11-rjay-s-rangenogap-3-tick-11_10_2011.jpg  
Reply With Quote
The following user says Thank You to Zondor for this post:
 
  #12 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,022 since Jul 2011
Thanks: 2,211 given, 1,543 received


Zondor View Post
Watching his live feed, ..
All sim, of course. But enough to see that he is a pretty bad trader, stubbornly staying long when the TICK was MORE stubbornly remaining negative. I guess he thinks he is smarter than the market.

Is he doing some kind of scaling in method taught anywhere?
So yes, maybe a paper trading guy who puts up a site with some ads on it.
(one of the ads leads to Dr. Barry Burns...again)
Either that or some lottery winner who has a lott-o money to play around with on the ES
and wanting an audience.


Last edited by Cloudy; November 10th, 2011 at 03:50 PM.
Reply With Quote
 
  #13 (permalink)
Jedi Master
SF Bay Area
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: Multiple
Favorite Futures: CL, ES
 
Jedi's Avatar
 
Posts: 564 since Nov 2011
Thanks: 546 given, 577 received


Even when someone shows their trades on live stream with their DOM visible, others still don't believe it.. What more do you want to see? Often he shows his trades from pre-market to close. Somethings you might want to consider:

- Who cares if its paper trading or real, if he is CONSISTENTLY PROFITABLE, which he clearly is most days. Its very clear he can trade..
- If he can trade, why would he bother paper trading on this site wasting his time when he can trade live? Do you know any consistently profitable paper traderS that never goes live?
- I believe he's for real because he clearly has a methodology, and I was taught an identical methodology using candles to find levels and trading without indicators. I've since added additional levels with MP/ACD, but I know his method of finding levels and trading without any indicators is a valid and effective one, good traders often trade this way.
- I think the biggest take away from seeing him trade is that simplicity is best and you're likely better served with less indicators. Indicators will complicate your trading decisions and take your attention away from more important information which is levels and reading the market/price. At the end of the day, every trade is nothing more than a gamble and all you have is a probability and we all assess it differently. Just because you faded him and made money when he lost on that trade does not take away from his overall results which is undeniable.


Last edited by Jedi; January 21st, 2012 at 11:26 PM.
Reply With Quote
The following user says Thank You to Jedi for this post:
 
  #14 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,814 received

For those wondering, the charts in his/her videos are SIM ToS charts
with an NT DOM.

Live charts have a blue 'think AI' dot next to the time frame.

e.g.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #15 (permalink)
Jedi Master
SF Bay Area
 
Futures Experience: Advanced
Platform: Sierra
Broker/Data: Multiple
Favorite Futures: CL, ES
 
Jedi's Avatar
 
Posts: 564 since Nov 2011
Thanks: 546 given, 577 received

If I'm correct, he uses TOS for his charts but his Ninja is powered thru another source.. I assume his trades are not with TOS but I can be wrong.. Only been on the site for a few weeks..


Massive l View Post
For those wondering, the charts in his/her videos are SIM ToS charts
with an NT DOM.

Live charts have a blue 'think AI' dot next to the time frame.

e.g.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Reply With Quote
 
  #16 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,732 received

I've heard some traders talk about this guy in the past and they confirmed he was a fake. I also had a look at some of the videos on his youtube page and can tell you right now it's 100% SIM (at least in the videos) but I have to give him thumbs up for the editing (not a fan of the music though). Maybe he's a video editor/graphics designer in real life. Here's an example, he had a resting order for 100 contracts at bid but the DOM order book was only showing around 30 contracts in the queue at bid. I know NT doesn't offer Iceberg orders as far as I know so, that put a lid on that. Also, someone that I talked to told me the guy walked away from his computer with 100 contracts sitting at offer which ended up getting executed and had a 100 contract position on as the market went for and against him. He apparently came back an hour or so later from a "nap" to close his position out for a nice loss. No serious trader that trades size does something like this with real money! He was also getting full fills on 100 - 200 cars without any partial fills which is unrealistic. Even in the ES you can have partial fills from time to time unless you're shredding into the market. He claimed he was with MFG but he was using NT for a DOM. MFG didn't even offer NT as far as I know. Maybe it was through some other subsidiary or something. And lastly, anyone using TOS for live intra-day trading with NT for OE is interesting IMO. TOS' charts lag so far behind the data feed of NT, it's ridiculous. TOS is best used for end of the day big picture analysis IMO.

There were some other weird things I noticed on there such as his constant intent to show that he's wealthy (mansions, Ferrari's, etc.) Just a sign of someone that is out trying to create an image. I can tell you right now that there's no need to telegraph to the world that you're rich unless you want some bad company.

The trading style is interesting but can be very damaging if you don't know what you're doing. Adding to a losing position in a trending market for example, could destroy your entire account in one day. He was able to grab a few points here and there but the actual amount of money being made was being emphasized over the actual points, risk taken on and all the real important things in trading were nowhere mentioned. Of course you're going to make big bucks on a few points if you're leveraging big bucks. You can also lose big with that kind of leverage.

You have to wonder what the motive of someone like this is. Maybe some sort of vendor idea behind it at some point down the road once he gets a bunch of followers to sign up to learn how to trade like he does?

Reply With Quote
The following 3 users say Thank You to Private Banker for this post:
 
  #17 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,182 since Jun 2009
Thanks: 626 given, 6,248 received


Private Banker View Post
...

You have to wonder what the motive of someone like this is. Maybe some sort of vendor idea behind it at some point down the road once he gets a bunch of followers to sign up to learn how to trade like he does?

he could be some teenage pulling pranks or frank shoaz in training.

Reply With Quote
The following 2 users say Thank You to cory for this post:
 
  #18 (permalink)
Elite Member
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,318 since Aug 2009
Thanks: 4,558 given, 10,245 received

most of the time just looking at the dom will tell you if it's live or sim.

I mentioned it before, with a "live" dom, you can't change the back color of the dom. so if you don't put the exact color on your "sim" dom, you're exposed.

judge for yourself:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Silvester17; January 22nd, 2012 at 04:27 PM.
Reply With Quote
The following 5 users say Thank You to Silvester17 for this post:
 
  #19 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,732 received


cory View Post
he could be some teenage pulling pranks or frank shoaz in training.

The thought of this guy being some teenager/early 20's actually makes sense based on the music and depth of dialogue I've seen by him. The video below in particular had me fall out of my chair laughing hysterically. He was managing a few hundred lot position while ordering clothes and other items from Louis Vuitton and Hermes acting like trading is no big deal. I can tell you the entertainment value of his videos are great if not comical.



Last edited by Private Banker; January 22nd, 2012 at 01:13 PM. Reason: Typo (from laughing)
Reply With Quote
The following 4 users say Thank You to Private Banker for this post:
 
  #20 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,732 received



Jedi View Post
- Who cares if its paper trading or real, if he is CONSISTENTLY PROFITABLE, which he clearly is most days. Its very clear he can trade..

It is very important to know that there is a massive psychological difference in being consistently profitable trading paper vs CP trading live. Not to mention with a few hundred contracts. Don't be fooled here.

Reply With Quote
The following 2 users say Thank You to Private Banker for this post:

Reply



futures io > > > Inspiration or hoax?! Trade it don't Date it (www.tradeitdontdateit.com)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Ask Me Anything (AMA) w/Rod Casilli @ Collective2

Aug 23
 

Prototyping Python Strategies (part 3, Live Trading) w/Ran Aroussi [1PM ET]

Elite only
 

Develop Strategies and Perfect Execution w/Brannigan Barrett @ Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Inspiration! (Videos and what not) Day Trading Fool Psychology and Money Management 25 February 29th, 2016 09:04 AM
tradeitdontdateit.com David_R Trading Reviews and Vendors 14 November 11th, 2011 01:46 PM
CL first trade date?? traderTX Commodities Futures Trading 2 January 17th, 2011 01:21 PM
'From' date needs to be smaller than 'To' date DavidHP NinjaTrader Programming 2 January 3rd, 2010 10:09 PM
Why I don't keep trade secrets cunparis Traders Hideout 1 October 26th, 2009 10:25 AM


All times are GMT -4. The time now is 11:28 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 2017-08-17 in 0.11 seconds with 19 queries on phoenix via your IP 54.167.194.4