Shadowtraders system. Scam or real? (www.shadowtraders.com) - futures io
futures io



Shadowtraders system. Scam or real? (www.shadowtraders.com)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one trader2 with 40 posts (28 thanks)
    2. looks_two tigertrader with 11 posts (58 thanks)
    3. looks_3 jodistrict with 9 posts (14 thanks)
    4. looks_4 cory with 8 posts (4 thanks)
      Best Posters
    1. looks_one tigertrader with 5.3 thanks per post
    2. looks_two Cheech with 4.3 thanks per post
    3. looks_3 jodistrict with 1.6 thanks per post
    4. looks_4 trader2 with 0.7 thanks per post
    1. trending_up 48,990 views
    2. thumb_up 172 thanks given
    3. group 29 followers
    1. forum 142 posts
    2. attach_file 7 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)

Closed Thread
 
Search this Thread
 

Shadowtraders system. Scam or real? (www.shadowtraders.com)

(login for full post details)
  #101 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, SC, ToS
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,135 since Jul 2011
Thanks: 2,388 given, 1,726 received

One could adjust the colors and thickness of the extra lines and indicators to make the price more visible. Also click the price bars to select, then Shift+mouse wheel Up/Down to change it's foreground priority among all the visual elements.

Visit my futures io Trade Journal
 
(login for full post details)
  #102 (permalink)
 Peter2150 
Washington DC
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 214 since Jun 2009
Thanks: 110 given, 117 received

Although off topic for this thread, since Rockwell was mentioned and in fact attacked I want to reply.


First, for the record, I have no affiliation with Rockwell other than that of a satisfied customer.


I was unaware of Fritz’s blog, but had I been it might have stopped me from contacting Rockwell, and would have missed the opportunity to learn from them. I can only recount my experience with them, and it’s been positive


As to the “Trading Room”, I like the way it is run. Currently the main moderator is indeed Rollie White, and he does in fact trade a live account. This is apparent from the reactions from the platform as he gets fills, and also he does occasionally show the PnL screen which also shows a real account number. That he doesn’t use Rockwell’s Money management and increase lot size should be obvious to all. Trading and managing a room is a handful. I wouldn’t do that either. Also even Rollie strongly advises against “Shadowtrading”


I to at first was disappointed that the forum shut down, but then seeing what happens on other forums where I moderate, I fully understand. The only thing I missed was the Ninja Templates for their setup. That has since been remedied as they provide the templates free of charge to their customers.


Now as for the Seahawk Strategy. No one in the right mind wouldn’t agree that to just start and trade Seahawks on every bar would be the quickest road to ruin. But Markus and Rollie have never said that. Markus always points out that if you have a couple of successful Seahawks to stop, as a loss will come, and wipe out profits.


Since my profit goal is only $50/contract per day, two, 2 tick, Seahawk trades would meet that goal. What then is needed is a trading plan. Keeping statistics per Mark Douglas’s Trading in the Zone, I have so far tested two successful trading plans. The first came from Markus’s comment. It is simple, watch the market until a Seahawk fails with a loss. At that point wait for the next bar that yields a winning trade. On completion of that bar, take a Seahawk. It is a successful plan. Second plan is only take a Seahawk once the entry is very close to or on a Pivot point, or one of the associated Support or Resistance points. This also yields success. I am currently testing a third.

Anyway enough from a satisfied customer.

The following 3 users say Thank You to Peter2150 for this post:
 
(login for full post details)
  #103 (permalink)
 jta3 
Copenhagen, Denmark
 
Experience: Advanced
Platform: Fib Fib and Fib.!
Trading: Setup
 
Posts: 300 since May 2011
Thanks: 55 given, 161 received

Lates Webinar

https://www.shadowtraders.com/Shadowtraders02142012Webinar.zip

And they mention Bigmike with a smile.

 
(login for full post details)
  #104 (permalink)
 Richie Z 
Vancouver, BC, Canada
 
Experience: Intermediate
Platform: NT
Broker: Ninja-Traders Technology
Trading: 6E, ZN, CL
 
Posts: 41 since Aug 2011
Thanks: 115 given, 18 received

Hi there, i bought shadowtraders course last year before i discovered Big Mike's Trading Room--i was astounded to find Perry's Trading system almost identical to shadowtraders (ST), except he uses a 20EMA vs a 20SMA, and Perry uses a visual SMA1 and 3 vs a LinReg4&9. Given Perry's clear explanation, if you're interested in what ShadowTraders does, go learn Perry's system. They both do the very same thing--especially with the latest iteration of tools Perry is talking about. YOu can trade both systems on bigger time charts, 3m and 5m are especially good, i also use 4Range when it is slow, 6-8R during morning trading when things are faster. I like the way Perry has taught that you can see everything in one chart by combining a higher timeframe within the second frame of the chart, which gives you the longer trend to follow. Me--i am still not as consistently successful as i would like to be, and i know it has everything to do with my impatience and jumping in too soon, anicipating price action and not waiting for the charts to tell me. Both methods mean you MUST be willing to kill the trade fast if it goes against you, but both systems teach how to find the sweet spot and catch a nibble. How do you eat an elephant? One bite at a time. . . . So--my 10 cents worth of advice--go learn for free from Perry . . .
p.s. i don't know which one is the chicken and which one the egg (i wonder if they are part of one and the same sometimes)--i just know that ST brought out their multi-time frame indicator at the end of january which Perry has just introduced. However, all i want to say is that I am delighted to see that it is here and it is free and others can learn this system if it talks to them and i appreciate Perry's ability to teach and his willingness to answer people's questions to help those who want to learn this methodology. There are great teachers here on futures.io (formerly BMT) and we are very lucky indeed.

The following 6 users say Thank You to Richie Z for this post:
 
(login for full post details)
  #105 (permalink)
 BeachTrader 
San Diego
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 310 since Nov 2011
Thanks: 153 given, 427 received

Hey thanks Richie. I have been fascinated with ShadowTraders but not enough to actually pay money for them, so I will definitely check out Perry's webbies and stuff. Thanks for the info.

 
(login for full post details)
  #106 (permalink)
 trader2 
Berlin,Berlin
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninja/CGQ
Trading: CL
 
Posts: 71 since Mar 2010
Thanks: 6 given, 50 received




see my postings and my equity curve using shadowtraders here in this thread

 
(login for full post details)
  #107 (permalink)
 jta3 
Copenhagen, Denmark
 
Experience: Advanced
Platform: Fib Fib and Fib.!
Trading: Setup
 
Posts: 300 since May 2011
Thanks: 55 given, 161 received

I got this Email with live trading. Maybe this can give more clarification.


Welcome to Shadowtraders

Many of you have asked for a live demo during market hours. We normally do them at night, but Shadowtraders lead trainer, Melanie Son, is going to host a live demonstration tomorrow at 9:00am EST.

Melanie will be able to show you the effects of the unemployment number on Futures.

So join her in the morning.
Friday March 9th, 2012 9:00am EST

https://www2.gotomeeting.com/register/991162618
--
ShadowSupport

The following user says Thank You to jta3 for this post:
 
(login for full post details)
  #108 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received

I joined ST last week, and my initial impression is positive. I have spent thousands before on useless courses, but this course seems to be making a genuine effort to present a trading system and high quality information (more than what you can get in a book) to help new people learn trading. Their database has a detailed description of their indicators, trading videos illustrating many different concepts of trading and markets, videos showing the chart alongside the DOM in order to give precise instructions of how to make an entry, and a chat room with live trading. Also, in reference to previous posts, this system is completely different than Perry’s system. To say that they are the same because they both use fractals is like saying two systems that happen to use the MACD must be identical. Also, the system is scalable. One of the lead traders likes to counter trade and takes 3 ticks, however techniques are also taught for longer term trades. Today I traded 1 contract of NQ on NT's live simulation mode using their strategies and was up $200. This is very preliminary and only a first impression.

The following 3 users say Thank You to jodistrict for this post:
 
(login for full post details)
  #109 (permalink)
 avall38486 
Dallas, Texas
 
Experience: Intermediate
Platform: ninjatrader
Trading: crude oil
 
Posts: 89 since Dec 2011
Thanks: 72 given, 43 received

JodiStrict,
I would like to know your progress since joining ST. I am about to join them. They have a 4 days training soon, but my schedule is very restricitve. Thanks ib advance for any updates.

 
(login for full post details)
  #110 (permalink)
 rdtw 
Des Moines Iowa United States
 
Experience: Intermediate
Platform: NT Ensign MT4
Trading: drums
 
Posts: 120 since Sep 2010
Thanks: 13,927 given, 37 received


jodistrict View Post
I joined ST last week, and my initial impression is positive. I have spent thousands before on useless courses, but this course seems to be making a genuine effort to present a trading system and high quality information (more than what you can get in a book) to help new people learn trading. Their database has a detailed description of their indicators, trading videos illustrating many different concepts of trading and markets, videos showing the chart alongside the DOM in order to give precise instructions of how to make an entry, and a chat room with live trading. Also, in reference to previous posts, this system is completely different than Perry’s system. To say that they are the same because they both use fractals is like saying two systems that happen to use the MACD must be identical. Also, the system is scalable. One of the lead traders likes to counter trade and takes 3 ticks, however techniques are also taught for longer term trades. Today I traded 1 contract of NQ on NT's live simulation mode using their strategies and was up $200. This is very preliminary and only a first impression.

WOW! Thank you jodistrict for a very lucid post.


avall38486 View Post
JodiStrict,
I would like to know your progress since joining ST. I am about to join them. They have a 4 days training soon, but my schedule is very restricitve. Thanks ib advance for any updates.

I would also be interested if your so inclined

 
(login for full post details)
  #111 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received


rdtw View Post
WOW! Thank you jodistrict for a very lucid post.



I would also be interested if your so inclined


I have been going through the videos and I am not trading live yet. So, I won't have any performance data for some time. One thing is I am still collecting data to see how I want to set my stops. Their system doesn't use set stops but uses what they call barriers - moving averages, fractals, pivot points, etc. I am still trying to figure this out. I still think the material gives good value for a beginner in comparison to some of the stuff out there. I did take an Online Trading Academy workshop many years ago which was a joke in comparison and a little more expensive.

The following 2 users say Thank You to jodistrict for this post:
 
(login for full post details)
  #112 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received

Attended their seminar last month to see what all the fuss was about.

Huge waste of 2 hours....I think I missed Biggest Loser too.

Anyway, they pick very odd hours to trade instruments (for example CL at 7pm, not 7am when the volume arrives).
Can you trade CL at 7pm? Yes.
Should you? No.

The other thing, which absolutely stunned me....was that they don't use any stops.
I pressed the moderator on this....and she said their only going for a handful of ticks (handful meaning 4-5).
I then asked if she was joking, and she said no, that their "Fractals" are very good at picking support/resistance.

I then exited the webinar.

Anyone that day trades for a living, and doesn't use stops, and then attempts to sell their indicator to the masses has lost all credibility.

Theres a similar Fractal thing available for free on here, it didn't come with any users guide......but I will post here again when I figure it out and backtest it.

The following 2 users say Thank You to SpyderTrader for this post:
 
(login for full post details)
  #113 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received


SpyderTrader View Post
Attended their seminar last month to see what all the fuss was about.

Huge waste of 2 hours....I think I missed Biggest Loser too.

Anyway, they pick very odd hours to trade instruments (for example CL at 7pm, not 7am when the volume arrives).
Can you trade CL at 7pm? Yes.
Should you? No.

The other thing, which absolutely stunned me....was that they don't use any stops.
I pressed the moderator on this....and she said their only going for a handful of ticks (handful meaning 4-5).
I then asked if she was joking, and she said no, that their "Fractals" are very good at picking support/resistance.

I then exited the webinar.

Anyone that day trades for a living, and doesn't use stops, and then attempts to sell their indicator to the masses has lost all credibility.

Theres a similar Fractal thing available for free on here, it didn't come with any users guide......but I will post here again when I figure it out and backtest it.

I had the same concern when I joined. But Melanie does talk about stops in her Wednesday and Thursday classes. Stops depend on the type of instrument you use as well as the strategy - trend or counter trend. She teaches you how to get out of a bad trade based on their indicators. I am not sure what you are talking about with the 7 p.m. My guess is that was when the class was so she wanted to demonstrate live. Obviously, that is not a good time. Barbara does gap trades on CL starting 8:15 am.

The following user says Thank You to jodistrict for this post:
 
(login for full post details)
  #114 (permalink)
 dmasau 
Prague, Czech Republic
 
Experience: Beginner
Platform: None
Trading: ES
 
Posts: 14 since Jan 2012
Thanks: 9 given, 3 received


jodistrict View Post
I have been going through the videos and I am not trading live yet. So, I won't have any performance data for some time. One thing is I am still collecting data to see how I want to set my stops. Their system doesn't use set stops but uses what they call barriers - moving averages, fractals, pivot points, etc. I am still trying to figure this out. I still think the material gives good value for a beginner in comparison to some of the stuff out there. I did take an Online Trading Academy workshop many years ago which was a joke in comparison and a little more expensive.

@ jodistrict,
I am sure by now, you have gone through those video, what is impression of the material and your recommendation.

 
(login for full post details)
  #115 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received


dmasau View Post
@ jodistrict,
I am sure by now, you have gone through those video, what is impression of the material and your recommendation.

I have been through all the videos. I like the system and this is the way I intend on trading. Another highly useful part of the training is the two hour seminars on Wednesday and Thursday, and the chatroom every day from 8:15am to 10:45am. I am still in simulation, but am making close to $200 a day in simulation. I still need more work to improve my timing before I go live. They teach you an entire trading system. So its not just a few indicators, fractals, etc. They really teach you to trade. I haven't found any course out there that does anything equivalent.

The following 2 users say Thank You to jodistrict for this post:
 
(login for full post details)
  #116 (permalink)
 avall38486 
Dallas, Texas
 
Experience: Intermediate
Platform: ninjatrader
Trading: crude oil
 
Posts: 89 since Dec 2011
Thanks: 72 given, 43 received

I agree with Jodistrict. This firm really tries to help struggling traders. I attended the Thursday Lessons, and Melanie a very good teacher. How to execute a trade is very important and she really teaches things that we as traders should master very well.

I like the idea of just making $200 daily. This just changed my mental approach to trading. What I learned from other "so called guru traders" is to look for a trade and get in an follow the trend nonesense and let your profits run..etec..

Shadow traders' method of taking small but CONSITENT profits and master only ONE technique before moving to the second technique, is just what a newby or old unsuccessful trader needs to build confidence.

If one looks at other trading courses, one can find day traders just taking 1 to 2 point profit daily is just the way to make a living day trading.

In the past I was totally over looking this very simple " principle" of making a living. Take small profits an run. Tomorrow is another day. The market will be there for another round of small profits. Later on add contracts to a fully mastered entry and exit technique.

The following user says Thank You to avall38486 for this post:
 
(login for full post details)
  #117 (permalink)
 dmasau 
Prague, Czech Republic
 
Experience: Beginner
Platform: None
Trading: ES
 
Posts: 14 since Jan 2012
Thanks: 9 given, 3 received


avall38486 View Post
I agree with Jodistrict. This firm really tries to help struggling traders. I attended the Thursday Lessons, and Melanie a very good teacher. How to execute a trade is very important and she really teaches things that we as traders should master very well.

I like the idea of just making $200 daily. This just changed my mental approach to trading. What I learned from other "so called guru traders" is to look for a trade and get in an follow the trend nonesense and let your profits run..etec..

Shadow traders' method of taking small but CONSITENT profits and master only ONE technique before moving to the second technique, is just what a newby or old unsuccessful trader needs to build confidence.

If one looks at other trading courses, one can find day traders just taking 1 to 2 point profit daily is just the way to make a living day trading.

In the past I was totally over looking this very simple " principle" of making a living. Take small profits an run. Tomorrow is another day. The market will be there for another round of small profits. Later on add contracts to a fully mastered entry and exit technique.


@ avall38486, jodistrict,
Did you have a chance to attend the 4day seminar that was organized by ST and if so what was your impression. Are you still positive about this company?
Would you still recommend?

Thanks in advance.

 
(login for full post details)
  #118 (permalink)
 dmasau 
Prague, Czech Republic
 
Experience: Beginner
Platform: None
Trading: ES
 
Posts: 14 since Jan 2012
Thanks: 9 given, 3 received


jodistrict View Post
I have been through all the videos. I like the system and this is the way I intend on trading. Another highly useful part of the training is the two hour seminars on Wednesday and Thursday, and the chatroom every day from 8:15am to 10:45am. I am still in simulation, but am making close to $200 a day in simulation. I still need more work to improve my timing before I go live. They teach you an entire trading system. So its not just a few indicators, fractals, etc. They really teach you to trade. I haven't found any course out there that does anything equivalent.

@ avall38486, jodistrict,
Did you have a chance to attend the 4day seminar that was organized by ST and if so what was your impression. Are you still positive about this company?
Would you still recommend?

Thanks in advance.

 
(login for full post details)
  #119 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received


dmasau View Post
@ avall38486, jodistrict,
Did you have a chance to attend the 4day seminar that was organized by ST and if so what was your impression. Are you still positive about this company?
Would you still recommend?

Thanks in advance.

I attended the four day and really liked it. Barbara, Melanie, and some guest speakers really give you a lot of information and put it all together. On Saturday and Sunday it is all lectures and then they live trade on Monday and Tuesday. Barbara also teaches an amazing scalping technique in the 4 day. I was profitable every day on the sim. I am also going to the Las Vegas live event. Melanie says that they are going to have a special session in Vegas to transition the sim traders to live.

The following user says Thank You to jodistrict for this post:
 
(login for full post details)
  #120 (permalink)
 avall38486 
Dallas, Texas
 
Experience: Intermediate
Platform: ninjatrader
Trading: crude oil
 
Posts: 89 since Dec 2011
Thanks: 72 given, 43 received


dmasau View Post
@ avall38486, jodistrict,
Did you have a chance to attend the 4day seminar that was organized by ST and if so what was your impression. Are you still positive about this company?
Would you still recommend?

Thanks in advance.

dmasau,

I have not attended the4 day seminar. Melanie's Wed and Thu classes are enough for me. I like simplicity, and clear charts. I use only one or two trend following setups. I like Barbara's small and quick profit methods. I started to get consistent with simple scalping. Take the money and run. Consistency is what I am looking for and not mega profits.
Hope this helps.

The following user says Thank You to avall38486 for this post:
 
(login for full post details)
  #121 (permalink)
 stocktrade 
shreveport
 
Experience: Advanced
Platform: ninja
Trading: futures
 
Posts: 7 since Mar 2012
Thanks: 1 given, 1 received

I have been trading for 18 years, the last several for a living. I have my own method of trading, but I got curious about Shadowtraders and decided to check them out. I bought the program because it wasn't all that much and not big deal if it didn't turn out to be what had been claimed. To many of you newbies get all worked up about costs and trying something. If you can't afford to buy and try and potential method, then you need to find something else to do. Quit whinning about paying money for systems, methods, etc. You don't need to be trading if you can't afford to look and see. Otherwise, you will never get educated even if the program turns out to be crap. It's all part of an education since there is no trader university here. You pay and learn. About Shadowtraders, let me say this. 99.99% of anyone at any site USA will learn more at Shadowtraders than any other site they go to and I've looked at hundreds of them over the years. Barbara knows the market and how it works. There is no dispute about that. Anyone who says different doesn't know what the hell they are talking about. Most of you clowns making all these insane comments have never even looked, much less bought the program offered by ST. All you do want to do is be negative. 99.99% of everyone at all forums do not make money trading. That is very obvious by all the questions being asked. But, I will tell you this about ST. I learned about a couple of things from Barbara that I had never heard of and they pretty much guarantee you will make a couple of points per day. You are not going to find out the real stuff until you buy, but I can promise you this. It's better than 99% of anything out there and you will learn a lot. If you decide not to buy it and have found something else, then great. But, all of you wanna be traders who don't make a penny trading, stop your negative talk about something you cannot possibly no anything about. I'm not sure what kind of rush you get out of doing that, but it only shows your ignorance. The fact is you don't make money trading and if you want to learn, then you are likely going to have to pay money to one or several sites to gain some form of knowledge you don't currently have. I owe nothing to ST, but they offered a great program. If they didn't, I would be the first to warn you not to buy anything from them. There are many ripoffs out there and I despise that kind of crap. If you want to be a trader and learn how to trade, ST is better than 99% of anything you will come across and a couple of the things Barbara shares about trading, no one on this site, no matter how many years you've been trading, has ever used. That is a bold statement, but I know I'm right. I've worked with two former S&P Floor Traders and have learned just about everything there is to know. Neither of them ever talked about some things Barbara does that are very, very helpful to your trading. It's up to you people to learn from who you want. But, again, stop being critical of something you know absolutely nothing about, no matter who it is. It's ridiculous.

The following 4 users say Thank You to stocktrade for this post:
 
(login for full post details)
  #122 (permalink)
 romus 
Melbourne, VIC, Australia
 
Experience: Intermediate
Platform: NinjaTrader
Trading: SPI
 
Posts: 286 since Dec 2010
Thanks: 741 given, 716 received

My thumbs are up for ShadowTraders, Barbara and her team. I have recently done the course and glad I did. It complements my system and they teach thing I have never heard anywhere (even many claiming to unveil "the secrets of trading".
The truth is there are no secrets, just a solid method and hard work.
And ShadowTraders deliver that.

 
(login for full post details)
  #123 (permalink)
 fourtiwinks 
Singapore
 
Experience: Beginner
 
Posts: 206 since Jun 2011
Thanks: 479 given, 201 received


stocktrade View Post
... I owe nothing to ST, but they offered a great program. If they didn't, I would be the first to warn you not to buy anything from them. There are many ripoffs out there and I despise that kind of crap...

@stocktrade,

Woah, what a rant... but appreciate that you've given a strong endorsement to ST, based on your years of trading experience.

May I ask what signs do you look out for, in order to avoid ripoffs (besides the obvious like fanciful websites, promises of quick riches and coaches trading in sim mode)? I ask this because I guess some traders might have deeply disappointing experiences in the past and would wish to bash any coaches, if given the chance. Hence, some insights in this regard may help them to be less negative and keep an open mind. Hope to hear from you..

 
(login for full post details)
  #124 (permalink)
 avall38486 
Dallas, Texas
 
Experience: Intermediate
Platform: ninjatrader
Trading: crude oil
 
Posts: 89 since Dec 2011
Thanks: 72 given, 43 received

Stocktrade,
I could have not said it any better. Thanks

As for anyone who is still questions, invest in the course.

My experience with Shadow traders, as stated earlier, is a positive one. An importamt concept for me is the use of support and resistence, and sticking with the trend. If a counter trend trade is to be take, strict rules have to be adhered to. No buts or ifs.

Hope this helps.

 
(login for full post details)
  #125 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received

So I attended their Tuesday night webinar (mainly cuz I just got home from the gym and was bored, had an hour to kill).
Nothing really had changed from their webinar that I attended way back in February......which I guess is a good thing....consistency is rare for Vendors.

As usual, it was the usual mumbo jumbo, how they've spent hundreds of thousands of dollars perfecting their method of spotting when HFT "buy" and "sell".

3 things made me laugh though:

1. When the second presenter jumped on the microphone.....and said that she "really wished" she could show us the indicators that were running in the background......however "Barb would not allow her to reveal them to the non-paying public."

THOUGHTS: If you can't show us your method in a 2 HOUR WEBINAR.....then when do you plan to show us?

2. I asked the question "How come we don't get a free trial?" and this was answered by "Well we don't do free trials because its not fair to the others."

THOUGHTS: What on earth are you talking about? What others? How is it that 90% of NT vendors allow a free trial......but your indicator is so special that we don't get to try it out first?


3. I asked the question "So you expect us to shell out 1500 bucks based on nothing but a 2 hour webinar?"

THOUGHTS: This question was ignored by the moderator.

So I guess, bottom line, I wouldn't call them a scam.......but then again, what is a scam?
Is it something you pay money for and you get nothing in return?
Or is it something you pay money for.....and just receive another BS indicator that works when it works, and doesn't when it doesn't?

My conclusion: Don't ever sign up with a Vendor who doesn't let you "TRY BEFORE YOU BUY".

I also think there is a similar "Fractals" indicator written by BigMike himself, but can't really comment on how good or bad it is......cuz I've never used it.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
The following 2 users say Thank You to SpyderTrader for this post:
 
(login for full post details)
  #126 (permalink)
 trader2 
Berlin,Berlin
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninja/CGQ
Trading: CL
 
Posts: 71 since Mar 2010
Thanks: 6 given, 50 received

Because if they give the information for a trial you have the information. You have the knowledge and you cannot give it back. How could you give back the information that there is a 3 point runup in front of news for exemple. And there is much more... they have knowledge about some market internals, ways how trading robots are coded and much more about markets - facts that are usually not known by most private and even institutional traders.
Of course they do not give you a trial. You could watch all the video material.
It is not just an "indicator warehouse". You have all the indicators. They teach you how to use it and when to use it. It is not about "one secret indicator" or so.

 
(login for full post details)
  #127 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, SC, ToS
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,135 since Jul 2011
Thanks: 2,388 given, 1,726 received

I attended the webinar too last week. I came away with similar reservations and questions. I was more interested in their trading room which as "shadowtraders" they supposedly traded during the Asian and European session? But I guess one doesn't get any access to the trading room unless one signs up for the whole learning package in the first place. I do like how they mention HFT but there was no demonstration of their HFT indicator or did I miss it?

There was a question where someone asked if they were live trading. And the host lady showed the NT sim dom and said it was ongoing live. I guess total newbies with little experience would be ok with that... , and of course there was no show of journaled real account profitability results.

They should have a series of guest trading session webinars where guests could just see their stuff in action and trades taken in real time.

To be fair, maybe they haven't taken the time or expense to protect their fractal indicators for a trial. It's Erez's indicators for Perry's updated method here on futures.io (formerly BMT) elite that some say looks very much like Shadowtrader's indicators:





Visit my futures io Trade Journal
The following user says Thank You to Cloudy for this post:
 
(login for full post details)
  #128 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received


Cloudy View Post
I attended the webinar too last week. I came away with similar reservations and questions. I was more interested in their trading room which as "shadowtraders" they supposedly traded during the Asian and European session? But I guess one doesn't get any access to the trading room unless one signs up for the whole learning package in the first place. I do like how they mention HFT but there was no demonstration of their HFT indicator or did I miss it?

There was a question where someone asked if they were live trading. And the host lady showed the NT sim dom and said it was ongoing live. I guess total newbies with little experience would be ok with that... , and of course there was no show of journaled real account profitability results.

They should have a series of guest trading session webinars where guests could just see their stuff in action and trades taken in real time.

To be fair, maybe they haven't taken the time or expense to protect their fractal indicators for a trial. It's Erez's indicators for Perry's updated method here on futures.io (formerly BMT) elite that some say looks very much like Shadowtrader's indicators:





Thanks for the link buddy.....I'll check this one out and see if its any good.

Haha yea it was quite laughable that they were trading in SIM.....yet they had the nerve to say that they were indeed "trading live" behind the scenes.....that you should just take their word for it.

And by the way.....NT lets vendors encyrpt files with 256 bit encryption....which is double the standard 128.
Absolutely no good reason for them not to allow trials.

Its a good racket though.....collecting 1500 bucks from rookies based on nothing more than a 2 hour webinar.....15 minutes of which was actual demonstration.

Can't really say I blame 'em for trying to run a good little scheme

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
The following user says Thank You to SpyderTrader for this post:
 
(login for full post details)
  #129 (permalink)
 dbarno 
Madison, Wi
 
Experience: Intermediate
Platform: Ninja Trader, Trade Navigator
Trading: CL,GC, HG
 
dbarno's Avatar
 
Posts: 78 since Jul 2012
Thanks: 152 given, 76 received

Signed up for Shadow traders. What they had plugged up a hole in my system. A trading friend recommended them to me. Know of several people who went thu and none were pissed off. IMHO some of the charts they use are way too complicated. There are probably a half dozen ways to trade with what they provide. You can pick and choose which way works best for you. I personally don't use any of the fractal related indicators on my charts. No problems with getting answers on any kind of trading questions you may have on their program. Did have some problems with support on the platform side.

Didn't use the chat room. Not new to trading when signed up. Used them for a source of "nuggets".

Hindsight being 20/20, it was worth it to me. There are alot worse out there.

 
(login for full post details)
  #130 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received


Cloudy View Post
I attended the webinar too last week. I came away with similar reservations and questions. I was more interested in their trading room which as "shadowtraders" they supposedly traded during the Asian and European session? But I guess one doesn't get any access to the trading room unless one signs up for the whole learning package in the first place. I do like how they mention HFT but there was no demonstration of their HFT indicator or did I miss it?

There was a question where someone asked if they were live trading. And the host lady showed the NT sim dom and said it was ongoing live. I guess total newbies with little experience would be ok with that... , and of course there was no show of journaled real account profitability results.

They should have a series of guest trading session webinars where guests could just see their stuff in action and trades taken in real time.

To be fair, maybe they haven't taken the time or expense to protect their fractal indicators for a trial. It's Erez's indicators for Perry's updated method here on futures.io (formerly BMT) elite that some say looks very much like Shadowtrader's indicators:






I have compared those fractals to the shadowtraders and they are different. Shadowstraders is more complex and provides many lines that are missing from those. Also, the focus of Shadowtraders is to teach people to trade and fractals are just another indicator and not necessary to use their system. It's an educational service. In the seminars they make it clear they aren't trading live money. I went to the Las Vegas event and met traders who are making real money so I am not concerned about the legitimacy of the system. In the chatroom, Barbara doesn't tell you when to get in because she countertrades and timing is critical, so she gives you more of a headsup to point out possibilites and it is your responsibility to enter based on your education and skills. Also, Shadowtraders is coming out soon with a new product which will change their trading.

The following 2 users say Thank You to jodistrict for this post:
 
(login for full post details)
  #131 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 76 received

I am not going to do anything with them because of the red flags mentioned, but I checked out a couple of their webinars and not matter what I did to the settings on BM fractal it never matched ST. Another person on this forum from Germany that has her program mentioned ST fractals factor in order flow which BM doesn't.

 
(login for full post details)
  #132 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received

When I went to Las Vegas, I found that the traders tended to be older people and many retired. There were also some intensely serious and dedicated traders there. I would get to the room at 5 am and it was already full of people. Some traders would come at 3 am to setup their computers. Maybe older people have better BS detectors whereas younger traders need a good show to trick them into believing they can make money the quick way. Who knows?

 
(login for full post details)
  #133 (permalink)
MajorMagnuM
south west UK
 
 
Posts: 122 since Dec 2011
Thanks: 74 given, 15 received


madLyfe View Post
"people who can, do. people who cant, teach. people who cant teach, teach gym..." - HOUSE

There are many on this forum who can do and teach it
That , i believe is the nature of this whole forum
go figure

 
(login for full post details)
  #134 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 76 received


jodistrict View Post
When I went to Las Vegas, I found that the traders tended to be older people and many retired. There were also some intensely serious and dedicated traders there. I would get to the room at 5 am and it was already full of people. Some traders would come at 3 am to setup their computers. Maybe older people have better BS detectors whereas younger traders need a good show to trick them into believing they can make money the quick way. Who knows?

And another way to look at it, is a lot of retired people pretend to be trader when they are really hobbyists, just look to pass the time and make a few nickels. I know some first hand. They talk good game and have no cattle for that big hat they are wearing.

 
(login for full post details)
  #135 (permalink)
 Tarkus11 
East Coast
 
Experience: Beginner
Platform: Ninja
Trading: ES, NQ
 
Posts: 126 since Apr 2010
Thanks: 55 given, 80 received

That "those who can't teach, teach gym" line is Woody Allen's (though he expanded George Bernard Shaw's original to make it funnier for his movie "Annie Hall").

I sat in one of ShadowTraders' demos once a few years ago, but they seemed to talk more about some "magic indicators" than anything else. Plus selling their indicators and courses. Didn't really get an impression from that either way if they were profitable using their system.

 
(login for full post details)
  #136 (permalink)
 Cheech 
Mesa, AZ/USA
 
Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker: AMP Futures/CQG, TDA
Trading: Currency Futures, my Harley Davidson
 
Posts: 107 since Jun 2012
Thanks: 43 given, 132 received

After reading through this entire thread I’m going to put my $.02 in, will probably regret doing so later, but will do it anyway. I’m not going to directly quote anyone’s previous remarks as they appear to have been heavily bantered around by this time.

I’ve taken the basic ST and 4-day course and have and use some (not all) of their software. I took the course because I didn’t know anything about trading futures at the time and after some research they appeared to offer a reasonably good starting point. The cost was not too expensive ($1000 at the time) and for me was a good investment. They update their software frequently providing enhancements to it and keeping it in sync with the Ninja upgrades, at no additional cost. I’ve seen improvements in their web site and the training material on it which is upgraded with new instruction and information on how to use their indicators, both existing and any new ones introduced, again at no additional cost.

Occasionally ST comes out with new training for additional costs, like the 4-day webinar ($700 at the time). This is a onetime fee and the user can retake the course as many times as they desire. I’ve done it at least 5 times now, again at no additional cost. Any of you folks with college degrees attempt to retake your college courses? I have no direct experience with their off-site training as I’ve never taken it, but just recalling the costs at about $1000 for 5-days including room and board does not seem unreasonable to me. Granted the sites chosen, although in popular places (Las Vegas, the Bahammas, …) are in off season so the rates are better anyway. That is how they keep the costs down. All-in-all I don’t consider it a rip off for these services which may help to put them in a "non-scam" category.

The Wednesday and Thursday classes taught by Melanine are all free. Melaine was an early student of ST and teaches her style of trading that is significantly different than Barbara’s, as was mentioned before. She trades (real money) for between 2 and 3 hours a day and no more. She readily admits to having good days and some bad ones. She also admits to having lost a lot of money at various times until she got her psychological act together. So the choice here is whether or not to believe them.

As to whether or not it’s a “Scam” I can’t answer that directly unless someone will define what they consider a scam. From what I can tell they have a good following so either people are both stupid and have deep enough pockets to keep trying until they can’t. Or, they are successful enough (whatever that is) or believe they will be to keep following their style of trading. My son who also took the basic course makes money partially because of what he learned and who knows what his other reasons are. I’ve watched him trade and I shudder.

As to the marketing which I have also heard mentioned, how many things (products or services) are out there where there is not some sort of marketing? To my knowledge, ST does not have a marketing organization, and everything is done by word of mouth and their Tuesday night webinar. So of course if you attend it would you not expect at least some sort of a marketing pitch. I’ve never got a marketing call and only occasional marketing related emails when some event was coming up. I subscribe to various market related research newsletters and every time I get an invite to attend a “free” webinar to gain “insight” to what is going on in the world, Washington D.C., Europe, …, I know for sure the will be a marketing pitch for some new newsletter, trading service, or whatever. But so what, I attend anyway, learn what I can and tolerate it until they get heavy with the marketing and then hit the big “X” button.

By now there are those that probably think that I am a ST “shill”. I am not. I’m retired and over 70 y/o. I can tell you for sure that nothing, I repeat “nothing” works like it did 30-40 years ago. So for me having the ability to retake training again and again with no additional costs until it penetrates my thick skull is a benefit. Unfortunately there is no guarantee that no matter how many times I take the training that I will be “successful”, especially when measured according to another's definition. So I respectfully request that any or all of you who are experts and successful please, please put something together that allows me to become as successful as you are. I will gladly attend. However, should you decide to do so be ready to get labeled or criticized because it is impossible to make everyone happy. By no means do I consider ST to be perfect in what they do, I have my peeves too. I do get responses to my emails, albeit not necessarily to my liking and are mostly pretty curt. And I do not like that there is no notification process when new software or training videos are added to their site, and so on..

BigMike’s site does a wonderful job of pulling many talented people that are willing to share their ideas, indicators, methods, concepts, etc. for which I am grateful. However, some of these things are well beyond my current level of understanding. Learning how to use some of the things (indicators, etc) offered here is mostly attained by reading related threads, a time consuming process. This is what I see as the value of formalized training where the course is designed to teach in a progressive manner. Anyone here take calculus before algebra? As I see it ST does a pretty good job at this.

As to whether or not Barbara is a professional trader. To my knowledge and as per her claims she is a mathematician and programmer, turned trader. When that happened I have no idea. If she is making good money trading because of what she knows and can do from her other talents, that makes her professional in my eyes. Having to work in the pits, manage a hedge fund or whatever is not a requirement as far as I’m concerned. I’ve seen her in her morning trading sessions trade in a live market, both on the sim and real (which she doesn’t announce unless asked and always afterwards) and consistently get 3-4 ticks. As mentioned elsewhere she is a “gap” trader, goes for 3-4 ticks, and uses 5 contracts. I’m pretty sure she doesn’t pay what I do for commissions, and if she can average 90% success with 10 trades/day in 2-2.5 hours, and 5 contracts I would happily do it too. Unfortunately I’m ill suited for that kind of trading.

Say or think what you will, but if you were to ask me if I would do it again my answer is “Yes” even though I have not attained the level of success that I desire (yet). That is a problem of my making and not theirs. I’ve spent far more money for other trainings (stock and options) and have gotten nowhere near as much out of them. Unfortunately I haven’t seen an aptitude or psychological test for fledgling traders and if there were ones I might even fail, who knows.

The following 7 users say Thank You to Cheech for this post:
 
(login for full post details)
  #137 (permalink)
 Cheech 
Mesa, AZ/USA
 
Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker: AMP Futures/CQG, TDA
Trading: Currency Futures, my Harley Davidson
 
Posts: 107 since Jun 2012
Thanks: 43 given, 132 received


dandxg View Post
And another way to look at it, is a lot of retired people pretend to be trader when they are really hobbyists, just look to pass the time and make a few nickels. I know some first hand. They talk good game and have no cattle for that big hat they are wearing.

Contrary to my previous post in this post I would like to address the comments by @dandxg

I can not speak for the retired people that you either know or met at whatever it is you attend that gives you your opinion. Maybe it's accurate and maybe it's not. I can speak for myself and other retired (or near retirement) people that I know that trade or are attempting to learn to trade.

Most of us probably did not retire from a trading profession. Like you, many of us are interested in making money but, in our case it is probably more for the purpose of supplementing our incomes so that we can enjoy whatever remains of our time on this planet. So yes, we may be trading for nickles as you put it rather than dollars, which you might be after. However, what you might be missing is that our needs are not like yours. Many of us have downsized our homes, our children are out of college and on their own, those that are lucky enough have their houses paid off, etc. Does that mean we are any less serious about our trading. I for one am not. Maybe there are those that are hobbyists, not unlike doctors, airline pilots, or whomever that have another profession and also trade. Would you call them hobbyists too?

Maybe they are looking to set themselves up for a second career when they retire, supplement their income from their full time or part time job that's just not making it, or maybe just having a backup plan should the bottom fall out of their existing job or career.

Consider that I may not be willing to spend long hours at a computer to make dollars if I can spend a lot less time and make the nickles I need. This is very clearly ones' priority on time vs. money, and for those of us that have made it to this point in our lives (you may want to consider the possibility that you may not, and if you do that your opinions may change, and if they don't that it may not be in your best interests), time is very important to us. Personally if had enough money to meet my meager needs and a bit more, trading is not a hobby I would choose. I for one do not want , desire, or need that kind of stress especially in my later years. I spend a lot more time reading, learning, and practicing trading then I really want to. That is the only way I can even hope to become good enough to make my nickles. Because my target is nickles instead of dollars doesn't mean I am not serious in what I do. One size in anything does not fit all.

The following 6 users say Thank You to Cheech for this post:
 
(login for full post details)
  #138 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 76 received


Cheech View Post
Contrary to my previous post in this post I would like to address the comments by @dandxg

I can not speak for the retired people that you either know or met at whatever it is you attend that gives you your opinion. Maybe it's accurate and maybe it's not. I can speak for myself and other retired (or near retirement) people that I know that trade or are attempting to learn to trade.

Most of us probably did not retire from a trading profession. Like you, many of us are interested in making money but, in our case it is probably more for the purpose of supplementing our incomes so that we can enjoy whatever remains of our time on this planet. So yes, we may be trading for nickles as you put it rather than dollars, which you might be after. However, what you might be missing is that our needs are not like yours. Many of us have downsized our homes, our children are out of college and on their own, those that are lucky enough have their houses paid off, etc. Does that mean we are any less serious about our trading. I for one am not. Maybe there are those that are hobbyists, not unlike doctors, airline pilots, or whomever that have another profession and also trade. Would you call them hobbyists too?

Maybe they are looking to set themselves up for a second career when they retire, supplement their income from their full time or part time job that's just not making it, or maybe just having a backup plan should the bottom fall out of their existing job or career.

Consider that I may not be willing to spend long hours at a computer to make dollars if I can spend a lot less time and make the nickles I need. This is very clearly ones' priority on time vs. money, and for those of us that have made it to this point in our lives (you may want to consider the possibility that you may not, and if you do that your opinions may change, and if they don't that it may not be in your best interests), time is very important to us. Personally if had enough money to meet my meager needs and a bit more, trading is not a hobby I would choose. I for one do not want , desire, or need that kind of stress especially in my later years. I spend a lot more time reading, learning, and practicing trading then I really want to. That is the only way I can even hope to become good enough to make my nickles. Because my target is nickles instead of dollars doesn't mean I am not serious in what I do. One size in anything does not fit all.

Hey if it's working for you great. My post was not meant as an attack at all just an honest observation of people I know that at 60+ and trading. Some of them are supplementing their income, but not with much success frankly, but hey we all know that stats on trading and failure and that spans the entire age bracket.

The following 2 users say Thank You to dandxg for this post:
 
(login for full post details)
  #139 (permalink)
 Cheech 
Mesa, AZ/USA
 
Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker: AMP Futures/CQG, TDA
Trading: Currency Futures, my Harley Davidson
 
Posts: 107 since Jun 2012
Thanks: 43 given, 132 received


dandxg View Post
Hey if it's working for you great. My post was not meant as an attack at all just an honest observation of people I know that at 60+ and trading. Some of them are supplementing their income, but not with much success frankly, but hey we all know that stats on trading and failure and that spans the entire age bracket.

@dandxg Not a problem as I didn't take it as an attack. I have no doubt that there are some (or maybe even a lot more then I think) that are doing it as a hobby and if they have the money to throw at it and lose it that's fine by me. The only thing I wanted to point out that I feel you excluded is that there are a lot of retired folks on the other side of that coin. I know some personally and I see others at trading seminars, meeting, etc. that are spending their time and money in an attempt to learn how to trade. Unfortunately I can't tell whether they are just serious hobbyists (maybe their wives will only allow them to lose so much, who knows) looking for some excitement or serious traders and quite honestly I guess as long as they are serious then I guess the reason becomes a moot point.

I figure another way of looking at it is if they don't want to invest the necessary time and effort to learn how trade and to make money doing it then they may be the ones on the other side of your winning trade in this zero sum game, at least until they tire of playing (or their wives put the hammer to them). As you correctly point out, that goes for all age groups .

 
(login for full post details)
  #140 (permalink)
 Trader Duck 
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
Trader Duck's Avatar
 
Posts: 69 since Jun 2010
Thanks: 130 given, 76 received


bluemele View Post
I agree with TT, but this is a debate for so long. "Extra Money"?

How much extra money do you need to make if you are truly a successful trader? I could see opening up your own brokerage and growing an empire, but not sure teaching is the easiest or highest $ per hour return. Of course it is the way to 'give back' but that could also be done for free, but it is an eternal debate and I think for me personally it is impossible for me to understand why they do it unless they are not doing well enough.
I have heard that it could sharpen your trading as well, which I think is a possibly legit reason, but I don't see how teaching 1,000 people makes sense if that is the purpose?

The first chapter in "How to win Friends and Infulence People" tells us what Freud and a couple of other famous psychologists said about this. I'll paraphrase: People have a basic need to be important. People want to be need by other people. So, if someone gets good at something, it is natural that they would want to teach it. I like to teach my friends how to play chess and backgammon. I get Kudos but no money for it. They can admire me and I get to feel important.
-Duck-

 
(login for full post details)
  #141 (permalink)
 jodistrict 
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
Posts: 228 since Apr 2010
Thanks: 72 given, 143 received

Does anyone know what happened to Shadow Traders? I haven't logged on for a while and notice they haven't had their weekly classes since December 2013. On May 15, Barbara had a seminar describing an automated system which works on the Forex market, but then there has been no further information.

 
(login for full post details)
  #142 (permalink)
 romus 
Melbourne, VIC, Australia
 
Experience: Intermediate
Platform: NinjaTrader
Trading: SPI
 
Posts: 286 since Dec 2010
Thanks: 741 given, 716 received

@jodistrict

I think they moved to automated trading - Segreto - and stopped doing webinars. Last one was few months ago which I missed.
Have you sent them an e-mail?

When nothing goes right... go left
 
(login for full post details)
  #143 (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: 49,982 since Jun 2009
Thanks: 32,458 given, 98,233 received

Moderator Notice
Moderator Notice





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

Closed Thread

futures io Trading Community Trading Reviews and Vendors > Shadowtraders system. Scam or real? (www.shadowtraders.com)


Last Updated on September 16, 2014


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April

Seven Trading Mistakes Solved With Smart Trading Tools w/Brannigan Barrett

Elite only
     



Copyright © 2021 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