www.futureswizards.com - futures io
futures io



www.futureswizards.com


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Cloudy with 4 posts (0 thanks)
    2. looks_two Big Mike with 2 posts (1 thanks)
    3. looks_3 dstrader with 2 posts (0 thanks)
    4. looks_4 Daytrader999 with 2 posts (0 thanks)
    1. trending_up 4,412 views
    2. thumb_up 5 thanks given
    3. group 4 followers
    1. forum 12 posts
    2. attach_file 1 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
 

www.futureswizards.com

(login for full post details)
  #1 (permalink)
 dstrader 
Chicago, USA
 
Experience: Advanced
Platform: TS, NT, TOS, SSE, IRT
Trading: ES, currency futures, options, stocks
 
Posts: 195 since Dec 2010
Thanks: 329 given, 273 received

Someone with any experience with this service? Home

Started this thread Reply With Quote

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(133 thanks from 19 posts)
looks_twoSalao's Journalby Salao
(45 thanks from 9 posts)
looks_3Deetee’s DAX Trading Journal (time based)by Deetee
(34 thanks from 15 posts)
looks_4Learning to Profit - A journey in algorithms and optionsby Syntax
(15 thanks from 12 posts)
looks_5Maybe a little bit different journalby Malykubo
(14 thanks from 13 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Would You Sell Your System?
79 thanks
Big Mike in Ecuador
75 thanks
The Crude Dude Oil Trading System
61 thanks
The New Micro Contract - MICRO BITCOIN coming May 2021
25 thanks
futures io site changelog and issues/problem reporting
22 thanks
 
(login for full post details)
  #3 (permalink)
 Daytrader999 
Legendary Market Wizard
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
 
Daytrader999's Avatar
 
Posts: 1,363 since Sep 2011
Thanks: 1,518 given, 2,005 received


I also would be very interested in reading about first experiences with that new vendor.

Reply With Quote
 
(login for full post details)
  #4 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,042 since Jun 2009
Thanks: 854 given, 7,910 received

you can put it together yourself, rjay bar + fattail stuffs.

Reply With Quote
The following 2 users say Thank You to cory for this post:
 
(login for full post details)
  #5 (permalink)
 Daytrader999 
Legendary Market Wizard
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
 
Daytrader999's Avatar
 
Posts: 1,363 since Sep 2011
Thanks: 1,518 given, 2,005 received

Has anybody got some experience with them by now ?

They currently offer a 'Scholar Apprenticeship" for whoppy $7.500, discounted by about $2.500 and give away two of them for free if you sign up for their room until April 30th, which will be $297 / Month including the indicators.

@ cory: As I already own RJay's Bars and use them, I would need to know WHAT kind of Fat Tails stuff to apply and how to determine the settings....any ideas are highly appreciated.

Reply With Quote
 
(login for full post details)
  #6 (permalink)
 dstrader 
Chicago, USA
 
Experience: Advanced
Platform: TS, NT, TOS, SSE, IRT
Trading: ES, currency futures, options, stocks
 
Posts: 195 since Dec 2010
Thanks: 329 given, 273 received

His results have been amazing to say the least, but we don't know about the other days (in which a performance is not posted). Anybody can give an honest feedback?
Here are some of the room summary videos: FuturesWizards's channel - YouTube

Started this thread Reply With Quote
 
(login for full post details)
  #7 (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 did their trial for a week. It is unofficially live calls. It seems like the host is trading sim. Those good results are the combination of the room , which is only 2 hours and after room trades. So trades posted after 10am or so are not seen in the live room. It felt like it was always the same one or two people making comments which the host would respond to, which could not be seen as they always had the chat software closed so it didn't show the number of members nor chat text. They seem to have a programmer working on improving their indicators or something new coming up. The method itself seemed very similar to CJBooth's 6E trading strategy in particular the big trigger line and small trigger line pairs. Which in turn CJBooth said he learned from NexGen. They use fib extensions to gauge targets. And they have some proprietary generated s/r levels which seem pretty good for the most part. There was pressure to join the apprenticeship program. The whole method is seemingly explained only if one joins the apprenticeship. Again, why need to charge for costly mentorships when one is supposedly making big money trading? I still get daily result emails from them , but I'm too jaded to take seriously the almost always positive trade results posted anymore. The host trades better than average, but it still felt like sim. And I did not like the after session trade markups to bolster the daily report.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #8 (permalink)
 slick55 
Calgary, Alberta, Canada
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES
 
Posts: 1 since Nov 2012
Thanks: 2 given, 1 received

oddly enough, I had the occasion to speak with an ex-apprentice. To say he was disappointed, would be the understatement of the year. I can't coment on the system as my information is second hand, but after talking with this individual, my advise would to be very very VERY careful about this group. He even gave up trading after his experience.

Reply With Quote
The following 2 users say Thank You to slick55 for this post:
 
(login for full post details)
  #9 (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


slick55 View Post
oddly enough, I had the occasion to speak with an ex-apprentice. To say he was disappointed, would be the understatement of the year. I can't coment on the system as my information is second hand, but after talking with this individual, my advise would to be very very VERY careful about this group. He even gave up trading after his experience.

They have a new site "www.futuresgenius.com" ; . If you see the sample video on futuresgenius.com , it's the same host using the same "trigger-lines" envelope indicator. Before there was a proprietary histogram oscillator (only available if you signed up for the apprenticeship, otherwise it was $300/month for the live webinar room). Now it looks like the MACD-BB at the bottom.

new site:
Futures Genius | Welcome...


old futureswizards recording:
June 14, 2012 Trade Room Summary - YouTube, Home

And the email I got from futuresgenius: (combined .jpg)

Attached Thumbnails
Click image for larger version

Name:	futgenidec.jpg
Views:	90
Size:	497.5 KB
ID:	132082  
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #10 (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: 49,983 since Jun 2009
Thanks: 32,458 given, 98,241 received


Don't forget to report to CFTC

Sent from my LG Optimus G Pro

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:
 
(login for full post details)
  #11 (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 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.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #12 (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: 49,983 since Jun 2009
Thanks: 32,458 given, 98,241 received

You answered your own question. Take out the garbage.

Sent from my LG Optimus G Pro

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
 
(login for full post details)
  #13 (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'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

Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Reviews and Vendors > www.futureswizards.com


Last Updated on December 28, 2013


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