Educators review - Ezprotrading & futuresfx - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Educators review - Ezprotrading & futuresfx
Updated: Views / Replies:6,363 / 23
Created: by Maukaya Attachments:0

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 Ė 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 donít 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
 
Thread Tools Search this Thread
 

Educators review - Ezprotrading & futuresfx

  #1 (permalink)
Elite Member
San Francisco
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: ES, TF, GC
 
Posts: 1 since Sep 2011
Thanks: 3 given, 1 received

Educators review - Ezprotrading & futuresfx

I just watched webinars from ezprotrading & futuresfx. Has anyone tried their service. I would really appreciate if you can share your experience. Thanks in advance.

Reply With Quote
The following user says Thank You to Maukaya for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,169 received

Answer
This post has been selected as an answer to the original posters question Answer


If you search for Futures FX, you'll find:

https://futures.io/vendors-product-reviews/3419-futures-fx-donchain-channel.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #4 (permalink)
Elite Member
Atlanta, GA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader (eod), Tradestation
Favorite Futures: E-Mini Futures, Forex
 
Posts: 16 since Sep 2011
Thanks: 9 given, 6 received

EZ Pro Trading

I am also wondering if anyone has any experience with EZ Pro Trading.

On March 6th I watched their 17 minute webinar - and they claimed only one loss out of 277 (ES) trades in the past 6 months.

Twelve month performance: 9 losses in 553 trades. (I guess they only trade the ES).

Anybody here first-hand knowledgeable, good or bad, about EZ Pro?

Thanks, Dennis

Reply With Quote
 
  #5 (permalink)
Elite Member
San Diego, Miami & On the lake (Summer)
 
Futures Experience: Advanced
Platform: Ensign, Ninja, Sierra, TradeStation & MT4
Broker/Data: CQG, TT & FinFX
Favorite Futures: indices/notes/currencies/ metals/energies
 
Posts: 368 since Oct 2009
Thanks: 142 given, 602 received


DBraun126 View Post
I am also wondering if anyone has any experience with EZ Pro Trading.

On March 6th I watched their 17 minute webinar - and they claimed only one loss out of 277 (ES) trades in the past 6 months.

Twelve month performance: 9 losses in 553 trades. (I guess they only trade the ES).

Anybody here first-hand knowledgeable, good or bad, about EZ Pro?

Thanks, Dennis

Seriously!

I suggest you call this person directly; he is in Tampa.

I did last spring. I also called his autotrading brokerage (his website has branched off and changed).

peace

Hedvig

Reply With Quote
 
  #6 (permalink)
Elite Member
New York, United States
 
Futures Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker/Data: Optimus/Rithmic
Favorite Futures: ES
 
Ben16JP2's Avatar
 
Posts: 75 since Oct 2010
Thanks: 182 given, 32 received

Answer
This post has been selected as an answer to the original posters question Answer

I signed up with Mark last week.

I would say that the results on his website are true, but the commissions are not included.
The results on the website says for 4 contracts and that would be true about 75% of the time.
If you trade the method according to the rules about 5% of the time you will have about 24 contracts on the trade at one time. So if you are a one contract trader you will need to have the capacity to be able to trade 6 contracts for this method according to the rules.
Mark also has 2 other trades that he teaches that you can trade just one contract with no add-ons.
There is also life time access to his room where you can see him trade his live account on the protrade setup (showing his DOM)

If you want more information, give him a call.





DBraun126 View Post
I am also wondering if anyone has any experience with EZ Pro Trading.

On March 6th I watched their 17 minute webinar - and they claimed only one loss out of 277 (ES) trades in the past 6 months.

Twelve month performance: 9 losses in 553 trades. (I guess they only trade the ES).

Anybody here first-hand knowledgeable, good or bad, about EZ Pro?

Thanks, Dennis



Last edited by Ben16JP2; March 12th, 2012 at 02:10 PM.
Reply With Quote
 
  #7 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received

Answer
This post has been selected as an answer to the original posters question Answer


Ben16JP2 View Post
If you trade the method according to the rules about 5% of the time you will have about 24 contracts on the trade at one time. So if you are a one contract trader you will need to have the capacity to be able to trade 6 contracts for this method according to the rules.

Sounds like a martingale strategy. Those usually have very long winning streaks and then very large blowups.

Math. A gateway drug to reality.
Reply With Quote
The following user says Thank You to traderwerks for this post:
 
  #8 (permalink)
Elite Member
Atlanta, GA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader (eod), Tradestation
Favorite Futures: E-Mini Futures, Forex
 
Posts: 16 since Sep 2011
Thanks: 9 given, 6 received

Thanks to those who have responded.

I was hoping to hear from someone with extensive experience with the EZ Pro approach, but the comments here are informative.

I am intrigued that you may have as many as 24 contracts (4x6) on the trade in some cases. That must mean adding to the trade continually as it goes against your position.

Like I used to do trading Risk Arbitrage (mergers).

In his webinar, the EZ Pro guy said to add to the position after an 8 tick drawdown, ($100 in the ES - and with a -7 point "catastrophic" - $350/contract - stop loss) but never explained going beyond that and adding more contracts to a losing position.

Not to say the strategy isn't workable, but it seems the drawdown would get a lot bigger, unless I'm not understanding something about when and why those additional contracts are added.

Dennis

Reply With Quote
 
  #9 (permalink)
Elite Member
saskatoon, sk
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: zen fire
Favorite Futures: anything that moves
 
Posts: 6 since Mar 2010
Thanks: 6 given, 5 received

enter 4 contracts for 7 point loss 7*50*4=1400
enter 4 contracts for 5 point loss 5*50*4=1000
enter 4 contracts for 3 point loss 3*50*4=600
enter 4 contracts for 1 point loss 1*50*4=200

total contracts = 16 total losses =3200

total win per 1.5 point trade = 300 with 4 contracts

Wins needed to overcome 1 loss would be 11

At 5000.00 per contract in the account you would need 80,000

A loss would be 4% of your account

Dont know if thats how he trades, but it was fun to work out anyway... eh?

Reply With Quote
 
  #10 (permalink)
Elite Member
BRAZIL
 
Futures Experience: Intermediate
Platform: NINJA TRADER
Broker/Data: AMP FUTURES
Favorite Futures: ES, CL, 6E
 
traderfranco's Avatar
 
Posts: 23 since May 2010
Thanks: 3 given, 0 received



Maukaya View Post
I just watched webinars from ezprotrading & futuresfx. Has anyone tried their service. I would really appreciate if you can share your experience. Thanks in advance.

Hi,

Take a note the last loss: 12/16 - $4,600 using 4 contracts
It means 4600 / 4 = $1150 per contract = 23 poinst per contract = 92 ticks per contract

Look, how a PROFESSIONAL TRADE allow reach this loss? 92 ticks per contract???? Are they crazy?
That's ridiculous

$4600 loss using for contracts in just one single trade?
What kind of professional is that?

Try to ask them by email. See their answer.

Wish you luck!

If you know a good live room, let me know!

Reply With Quote

Reply



futures io > > > Educators review - Ezprotrading & futuresfx

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
AMP Futures / AMP Global Review kalalex Reviews of Brokers and Data Feeds 359 August 27th, 2017 02:04 PM
WWW.EFUTUREVISION.COM 'Elegant & High Win %--for selective/technical traders...review researcher247 Trading Reviews and Vendors 33 September 8th, 2016 01:20 PM
Why are S&P and EMini S&P COT reports so different? josh Traders Hideout 8 November 28th, 2011 08:15 PM
Order Flow & The Balance of Trade - Then & Now T1P1 Traders Hideout 11 May 24th, 2011 09:33 PM
Educators who should be discredited mainstream Trading Reviews and Vendors 12 March 2nd, 2011 04:38 PM


All times are GMT -4. The time now is 03:34 PM.

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 2017-11-21 in 0.13 seconds with 37 queries on phoenix via your IP 54.224.102.26