Leo Gindin Training - futures io
futures io



Leo Gindin Training


Discussion in Trading Reviews and Vendors

Updated
    1. trending_up 6,275 views
    2. thumb_up 5 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Leo Gindin Training

(login for full post details)
  #1 (permalink)
 Java 
Portland
 
Experience: Beginner
Platform: NinjaTrader, TradeStation, MultiCharts
Trading: TF
 
Posts: 25 since Jun 2010
Thanks: 3 given, 11 received

Leo Gindin offers training in trading the Russell 2000. Like Bill McDowell, he has no website. He advertises in classified ads:

Goal $1000+/day
Trading only few hours Russell 2000.
No previous knowledge is required, trading futures is a skill.
Free training in exchange for profit sharing.
russell2000futures@gmail.com




So I emailed to see what his offer was. He offers 2 day live training for $5000 OR free training by webinar for 25% of your profit. My first question was why didn't he just increase his contracts and get 100% more income. His answer was that he wanted to create a residual income so that he could do other things. Odd, considering only a few hours a day was needed for $1000+ per day.


The catch comes in that you need his indicators that he leases for $500 per month! It made more sense now. I see it as essentially an offer to sell his indicators disguised as free training. I figure he hooks people into paying for his indicators for at least a couple of months, netting him $1000 per person. Getting just one per week, brings him $4000 per month. Not bad, and that's his residual income.


Anyway, when I question him on the cost of the indicators, which by looking at the chart he sent, seems like a few moving averages and a simple oscillator, the tone of the reply got a lot more curt.



Maybe someone else would like to investigate further or has a different experience.

Started this thread Reply With Quote
The following 4 users say Thank You to Java for this post:

Can you help answer these questions
from other members on futures io?
Noise: A source of your errors?
Traders Hideout
Simple "runner" code
EasyLanguage Programming
Futures education program reviews
Trading Reviews and Vendors
Thinkorswim MACD Thinkscript
ThinkOrSwim
Anyone else using Overcharts? Theyre not very helpful
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
98 thanks
I finally blew up an account
52 thanks
FIO Journal Challenge - April 2021 w/Jigsaw Trading
38 thanks
EdgeProX from Edge Clear
22 thanks
The tiyfTradePlanFactory indicator
21 thanks
 
(login for full post details)
  #3 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,088 since Jun 2009
Thanks: 32,548 given, 98,574 received


Someone that doesn't have a website and advertises in classifieds seems to be to be clearing targeting uneducated, uninformed people and limiting the negative publicity that can be linked or associated to a website.

That is your first sign to run, far far away, as quickly as possible and don't even waste a second of your time on such junk.

Your second sign was someone that places so much importance on indicators that he needs to sell them as "valuable".

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:


futures io Trading Community Trading Reviews and Vendors > Leo Gindin Training


Last Updated on January 5, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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