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  #11 (permalink)
desert CA
 
Experience: Intermediate
Platform: NT7, TOS, CQG-trader
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,130 since Jul 2011
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I hear you Big Mike, thanks for the suggestion. But report them for what? They still have the CFTC "hypothetical" disclaimer. I'm not sure they've done anything illegal. I was just pointing out it's their new brand as these vendor threads help serve as a warning. And I was mistaken, I looked on their new website and they did have an address which is the same as their old site. Only the phone number is different now. Just that I got their "$25k for December!" ad email and felt dismayed. Adding 10 contracts again on the next trade to make up for a 2 car loser which I saw in my trial. Like what FT71 would call "monkey trading".

Now that I think about it, about their "amazing" day's results I think I can guess how it was done now. At first their Ninjatrader "cut-out" record is pretty impressive. But first there was a sim session. Then he does a replay over his original sim session duplicating the trades and carefully including some "losers" to show "good money management". Then removes the "account" column from the table which can be done in NT. Then the replay results are shown without the column showing it was the replay account.

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  #12 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
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You answered your own question. Take out the garbage.

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  #13 (permalink)
desert CA
 
Experience: Intermediate
Platform: NT7, TOS, CQG-trader
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,130 since Jul 2011
Thanks: 2,372 given, 1,710 received


I'll think about it. My shared experience with them serves as a good warning.

For everyone else thinking about it:

https://forms.cftc.gov/fp/wbform.aspx

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