how is eotpro's ncep working - futures io
futures io



how is eotpro's ncep working


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one jthom with 7 posts (13 thanks)
    2. looks_two chartman with 5 posts (1 thanks)
    3. looks_3 sharky with 3 posts (1 thanks)
    4. looks_4 dandxg with 3 posts (1 thanks)
      Best Posters
    1. looks_one Richard with 2 thanks per post
    2. looks_two jthom with 1.9 thanks per post
    3. looks_3 sam028 with 1 thanks per post
    4. looks_4 sharky with 0.3 thanks per post
    1. trending_up 29,655 views
    2. thumb_up 25 thanks given
    3. group 25 followers
    1. forum 60 posts
    2. attach_file 2 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
 

how is eotpro's ncep working

(login for full post details)
  #1 (permalink)
 sharky 
MIAMI,FL
 
Experience: Advanced
Platform: NinjaTrader
Broker: Private
Trading: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,900 received

how is eotpro's ncep working nowdays anyone heard any new review's?

Visit my futures io Trade Journal 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
(145 thanks from 21 posts)
looks_twoSalao's Journalby Salao
(45 thanks from 10 posts)
looks_3Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 16 posts)
looks_4Learning to Profit - A journey in algorithms and optionsby Syntax
(15 thanks from 13 posts)
looks_5Maybe a little bit different journalby Malykubo
(14 thanks from 14 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Big Mike in Ecuador
76 thanks
Would You Sell Your System?
60 thanks
The Crude Dude Oil Trading System
59 thanks
The New Micro Contract - MICRO BITCOIN coming May 2021
25 thanks
futures io site changelog and issues/problem reporting
21 thanks
 
(login for full post details)
  #3 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received


Yeah I use it. Its pretty good on ES in the first hour of the US market. However it does not sometimes pick trend breakouts which is a little weird. It has been pretty good.
Works pretty good automated as well.

NCEP2 is coming out at the end of feb. Apparently it increases the efficiency of the arrows. All in all, they done a pretty good job.

Reply With Quote
The following 4 users say Thank You to jthom for this post:
 
(login for full post details)
  #4 (permalink)
 ct1942 
Kansas City,MO
 
Experience: Intermediate
Platform: Ninja
Broker: zen fire
Trading: es
 
Posts: 44 since Jan 2010
Thanks: 112 given, 18 received

I see that they are having an Open House all next week. I'm going to check them out.

Reply With Quote
 
(login for full post details)
  #5 (permalink)
 drago1 
windsor, Ontario
 
Experience: Advanced
Platform: Ninja,
Broker: DTN iqfeed
Trading: Es, 6E
 
Posts: 139 since Oct 2009
Thanks: 40 given, 124 received

I have spent some time with the new EOT - and while they work hard to reinvent themselves since Richard left - I am convinced the success of their systems ultimately comes down to adopting Bill's good discipline as a trader. (And really that is the only thing that will save you from yourself.) Too his credit, Bill is also a good salesman/entertainer.

Reply With Quote
 
(login for full post details)
  #6 (permalink)
daedalus
Omaha, NE
 
 
Posts: 46 since Nov 2009
Thanks: 15 given, 25 received

Anyone have any live experience with this or the new 2.3 version yet? Watched their NCEP 2.3 webinar and was impressed as always but wanted to see some real world results other than Bills.

Cheers!

Reply With Quote
 
(login for full post details)
  #7 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

Yeah, have just obtained it today. Am using it in a strategy at the moment with Green signals. Seems quite impressive. (On a good moving day.)

Reply With Quote
 
(login for full post details)
  #8 (permalink)
 forenxe 
Spain
 
Experience: Intermediate
Platform: Ninjatrader
Broker: AMP
Trading: Forex, ES, CL
 
Posts: 13 since Jun 2009
Thanks: 3 given, 1 received

Correct me if i am wrong, but do you have to purchase 3 months to obtain the new NECP?

Reply With Quote
 
(login for full post details)
  #9 (permalink)
 HOBBIT^33^ 
richmond hill, ny
 
Experience: Beginner
Platform: ninja trader
Broker: zen-fire
Trading: es .tf
 
HOBBIT^33^'s Avatar
 
Posts: 21 since Aug 2009
Thanks: 38 given, 5 received

If i understand it right you have to be a monthly recur billing in order to get it.

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received


Yeah you purchase it on monthly billing. It something like $320.

Reply With Quote
 
(login for full post details)
  #11 (permalink)
daedalus
Omaha, NE
 
 
Posts: 46 since Nov 2009
Thanks: 15 given, 25 received


jthom View Post
Yeah, have just obtained it today. Am using it in a strategy at the moment with Green signals. Seems quite impressive. (On a good moving day.)

Any chance you could post up a couple screen shots if you get a chance of a normal day? 6E/ES, anything like that?

Reply With Quote
 
(login for full post details)
  #12 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

I will start a EOT trading journal over the next few days. Ill post exactly how everything works. Keep an eye out for it

Reply With Quote
The following 4 users say Thank You to jthom for this post:
 
(login for full post details)
  #13 (permalink)
 earlyriser 
Denver
 
Experience: Intermediate
Platform: Ninja
Broker: Zen Fire
Trading: GC, CL
 
Posts: 12 since Jan 2010
Thanks: 6 given, 5 received

I like EOT all of them are nice and honest. That said what is the point of spend so much money building NCEP just to constantly override signals? Bill constantly uses discretion. Have you seen they show 70% on a long right into the HOD when its a ranging day? Doesn't make logical sense.

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 chartman 
ottawa ontario canada
 
Experience: Intermediate
Platform: ninja trader
Broker: ninja trader brokerage
Trading: es
 
Posts: 98 since Sep 2009
Thanks: 17 given, 22 received

Jthom iam thinking of getting it to trade the ES with seems to work good.just have a question for you what type of stops do you use for the ES.do you use their price chanels or do you have a hard fixed stop you use on all trades.they suggested to use their price chanels indicator if so how big the stop isaproximatly
thank you for your help
fawaz

Reply With Quote
 
(login for full post details)
  #15 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

Chartman,

I only use low risk signals which are the green ones. I do not use any price channels etc. I only aim for 1 point, with a 1.5 point stop. I know this is small, but remember the NCEP indicator only plots on a 4 Range bar. ES is extremely volatile so I just aim small. I use a second contract to trail. So once 1 point is reached, my stop on my 2nd contract moves to break even. Are you using an ATM Template?
Bills ATM template is extremely risky to use if your account size is small, so be careful there.
Let me know how you go.

I am using an automated strategy, so all my trades are not entered in by myself.
I typically get 2 - 3 trades during US market hours. Still testing at the moment, but will post pics soon.

Good luck


James.

Reply With Quote
The following 2 users say Thank You to jthom for this post:
 
(login for full post details)
  #16 (permalink)
 chartman 
ottawa ontario canada
 
Experience: Intermediate
Platform: ninja trader
Broker: ninja trader brokerage
Trading: es
 
Posts: 98 since Sep 2009
Thanks: 17 given, 22 received

jthom thank you for your help and insight.i will be testing it soon.do you recommend going live with it .or simulate first.i trade the ES and 6e
thnks

Reply With Quote
 
(login for full post details)
  #17 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

Hey Chartman,

No worries. Glad to be of help. I would simulate it first. Not worth using real money if you are not confident with your system. Do you have it automated or are you trading discretionary?



James

Reply With Quote
 
(login for full post details)
  #18 (permalink)
 chartman 
ottawa ontario canada
 
Experience: Intermediate
Platform: ninja trader
Broker: ninja trader brokerage
Trading: es
 
Posts: 98 since Sep 2009
Thanks: 17 given, 22 received

jthom thaank you no discretionary.would you say 70% winning rate for the green aroow signals(at least a point per signal).
thnks

Reply With Quote
 
(login for full post details)
  #19 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


jthom View Post
Yeah you purchase it on monthly billing. It something like $320.

That's not exactly pocket change.

Here is Zoe's first rule of purchasing things of this nature. The product has to generate 10X the monthly fee each month to justify the cost. Now that's for something that cranks out order signals without discretion on your part.

If discretion is involved then stay away from anything that is more than $100 a month. Remember, pay for performance, not for a fun place to hang out with an entertaining moderator. Trading costs are high enough without additional bells and whistles that don't increase your bottom line.

Reply With Quote
 
(login for full post details)
  #20 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 258 received

Yeah I agree. It sounds like alot to fork out. Are you paying for all the indicators for that? I still would like to see the journal jt wants to create on NCEP.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #21 (permalink)
 max-td 
Frankfurt
 
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 924 received

hey jthom + chartman,

some pics of charts or a journal would be very nice !
most folks have no idea of what you are talking about i think (incl me )

thanks!

max-td
Reply With Quote
The following user says Thank You to max-td for this post:
 
(login for full post details)
  #22 (permalink)
 topsteprs 
Sandwich MA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: NQ
 
topsteprs's Avatar
 
Posts: 22 since Jun 2009
Thanks: 3 given, 6 received

You can follow them in real time this week if you like. P.S. I'm not endorsing their service. I tried them for one month and I don't think they are on track to isolate the chop signals. They also miss some huge moves.

Dear Friends of EOTPRO,

Free Trial This Week! Starts Monday, May 17th to Friday, May 21st. US market open time 9:30EST, end time 3:30EST.

Please join our forum to access the Free Trial. Visit the following link to the EOTPRO forum page: https://eotpro.com/forum/

Then follow this three step process:

1. Register for the forum, on the top right hand corner of the page.
2. Confirm your registration.
3. Sign in to the forum - You can log in here: Sign In

You can then gain access to the password for the trading room under the 'Free Trial Password' section on the main forum page. It will also give you the room link for each corresponding day.

Please note: Our website is still undergoing construction and therefore pages and links are continuously changing. We apologize for the inconvenience and thank you for your patience! If you have any questions, please do not hesitate to contact me,

Candice
EOTPRO Developments Inc.
www.eotpro.com

Reply With Quote
The following user says Thank You to topsteprs for this post:
 
(login for full post details)
  #23 (permalink)
 chartman 
ottawa ontario canada
 
Experience: Intermediate
Platform: ninja trader
Broker: ninja trader brokerage
Trading: es
 
Posts: 98 since Sep 2009
Thanks: 17 given, 22 received

i did get their NCEP . have been testing it the last few days after paying a hefty $322/month.well in my opinion all this talk about neural network.complex processing is just PURE (BS). a lot of false signals.and now way anybody can make money following those signals
that is just my opinion i could be wrong

Reply With Quote
 
(login for full post details)
  #24 (permalink)
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 258 received

Would you be willing to start a journal? Since you already have paid the $322... I know I would appreciate it seeing how I prefer to jump on board after I have seen results from someone else.

JT...I thought you said it worked pretty good?

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #25 (permalink)
 chartman 
ottawa ontario canada
 
Experience: Intermediate
Platform: ninja trader
Broker: ninja trader brokerage
Trading: es
 
Posts: 98 since Sep 2009
Thanks: 17 given, 22 received

the arrows by themselves are not enough to build your trading decisions on.that is my conclusion.

Reply With Quote
The following user says Thank You to chartman for this post:
 
(login for full post details)
  #26 (permalink)
 JVARELA 
san juan
 
Experience: Intermediate
Platform: ninja trader
Broker: iqfeed
Trading: es 6e
 
Posts: 4 since Feb 2010
Thanks: 1 given, 1 received

Hello JTHOM, I been using eot for one month , and so far the green signals are pretty good 72% winning rate, You say that you use an automated strategie. Is that an atm strategie or a complete automated strategie that places orders on ncep signals, If it is a complete automated strategie can you share how to do it ,because I have ask Bill but he says that it is on the works . thank you for your help

Reply With Quote
 
(login for full post details)
  #27 (permalink)
Derby
canada
 
 
Posts: 1 since Jun 2010
Thanks: 0 given, 0 received

For those who are interested as I am in NCEP it seems that this trader is trading risk profile 0 - it looks very promising.
Eme's Futures Journal at Forex Factory - sorry as I am new to this thread can't post links

Reply With Quote
 
(login for full post details)
  #28 (permalink)
 SawDr 
Washington, DC
 
Experience: Intermediate
Platform: Ninja and TOS
Broker: Ninja
Trading: CL, ES
 
Posts: 94 since Dec 2009
Thanks: 111 given, 58 received

I haved used it for 1 month and will probably not re-new. There is a great deal of discretion needed in order to be profitable as many signals are just flat out instant losses. This new "risk profile zero" is being hyped but many of those signals give you a reason to exit (according to their rules) before you even have any profits on a trade. To top it off, that Bill guy is arrogant and at times just very strange.

Reply With Quote
 
(login for full post details)
  #29 (permalink)
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
 
futurestrader1's Avatar
 
Posts: 149 since Jun 2010
Thanks: 81 given, 42 received

Yep yep... EOT is somehow very tempting for their black box signals...but I was in there myself recently and after chating with many people...I never actually found anyone that was actually profitable!

EOT looks easy but just doesn't seem to work....plus wow, they really talk so much...like the guy "GLEN" or OUFAN....he just talks and talks,....so annoying!

Reply With Quote
 
(login for full post details)
  #30 (permalink)
 sam028 
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,675 since Jun 2009
Thanks: 3,790 given, 4,507 received

[offtopic]
Few years ago I went in a trading room, their results looks pretty good, many happy customers, etc.
That was free, a 1 week demo account, why not test it.
So I what in the chatroom, looking at the calls made, comparing to what I'll made myself, reading other people comments on the call, etc.
That was during lunch time, all was quiet, when customer "A" starts to chat with customer "B", about the last trade taken by "B", etc. After some times, "B" wrote he was in the chatroom for 1 year, every days, and was not (already) profitable...
Then, I left the room, and never came back.
[/offtopic]

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
The following user says Thank You to sam028 for this post:
 
(login for full post details)
  #31 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


sam028 View Post
[offtopic]
Few years ago I went in a trading room, their results looks pretty good, many happy customers, etc.
That was free, a 1 week demo account, why not test it.
So I what in the chatroom, looking at the calls made, comparing to what I'll made myself, reading other people comments on the call, etc.
That was during lunch time, all was quiet, when customer "A" starts to chat with customer "B", about the last trade taken by "B", etc. After some times, "B" wrote he was in the chatroom for 1 year, every days, and was not (already) profitable...
Then, I left the room, and never came back.
[/offtopic]

It's good to be the owner of a chatroom, but not a customer.

Reply With Quote
 
(login for full post details)
  #32 (permalink)
TheCEO
Folsom, CA
 
 
Posts: 6 since Jan 2010
Thanks: 0 given, 1 received

I had joined eot back in March of 2008. I was just starting out, it was a struggle. I would check back in every once in a while to see what was new.

Fast forward to now, and Mark H's 'Zero Risk Profile' looks good. I'm no longer a member, but receive emails sometimes.

This Mark H. guy trades 1 contract on the ES and claims to make some serious coin.

He uses the NCEP arrows and also the EOT Plot cycle I think. Looks for it to be below 20 and rising then once it goes above 80 he looks for it to dip to exit. Anyway, there's a video link in their forum I found.

No idea if he's profitable.

Reply With Quote
 
(login for full post details)
  #33 (permalink)
 SawDr 
Washington, DC
 
Experience: Intermediate
Platform: Ninja and TOS
Broker: Ninja
Trading: CL, ES
 
Posts: 94 since Dec 2009
Thanks: 111 given, 58 received


TheCEO View Post
I had joined eot back in March of 2008. I was just starting out, it was a struggle. I would check back in every once in a while to see what was new.

Fast forward to now, and Mark H's 'Zero Risk Profile' looks good. I'm no longer a member, but receive emails sometimes.

This Mark H. guy trades 1 contract on the ES and claims to make some serious coin.

He uses the NCEP arrows and also the EOT Plot cycle I think. Looks for it to be below 20 and rising then once it goes above 80 he looks for it to dip to exit. Anyway, there's a video link in their forum I found.

No idea if he's profitable.

He reports that he's profitable but when I was there most of the members had no idea how he made money on days when the signals were clearly losing. Even the moderater asked what he was doing because following the signals would not give you near the results he was reporting. It was obvious that he uses a great deal of discretion.

Reply With Quote
 
(login for full post details)
  #34 (permalink)
TheCEO
Folsom, CA
 
 
Posts: 6 since Jan 2010
Thanks: 0 given, 1 received

Another thing that intrigued me was why would Richard leave eotpro if they're making money hand over fist?

Did he feel bad for being part of eot? Did andyone ever really make any money in the chat room?

If may have been discussed on here before, but why did he leave?

Reply With Quote
 
(login for full post details)
  #35 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


TheCEO View Post
Another thing that intrigued me was why would Richard leave eotpro if they're making money hand over fist?

Did he feel bad for being part of eot? Did andyone ever really make any money in the chat room?

If may have been discussed on here before, but why did he leave?

I believe Richard left because he wanted to spend more time on his trading instead of developing EOT indicators. Perhaps the money he made from EOT gave him enough freedom to actually trade--instead of market--for a living.

Reply With Quote
 
(login for full post details)
  #36 (permalink)
 ValLiant 
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker: iB
Trading: CL/GC/NQ
 
Posts: 66 since May 2010
Thanks: 71 given, 21 received

here is the link to the guy trading eot over at forexfactory:
Eme's Futures Journal - Page 2 @ Forex Factory

interested to still hear of peoples use of eot

Reply With Quote
 
(login for full post details)
  #37 (permalink)
 lynmark1 
SoFla
 
Experience: Intermediate
Platform: NT
Broker: Ninja Trader/CQG
Trading: e-mini equities
 
lynmark1's Avatar
 
Posts: 18 since Jun 2009
Thanks: 13 given, 5 received

I have enjoyed the recent free access to their trade room and Bil the moderator calls and places trades in front of you and also provides his earnings when asked on daily, wkly mo, yearly etc. The company continues to improve on their indicators and the information on their forums and blogs are very clear. I see them making money. I will give them a try.

Reply With Quote
 
(login for full post details)
  #38 (permalink)
 mattguin 
Los Angeles, CA
 
Experience: Advanced
Platform: Xtrader, NT & MarketDelta
Trading: ES, Estox, Bunds & 10 Y US + 6J & 6E
 
mattguin's Avatar
 
Posts: 129 since Nov 2010
Thanks: 659 given, 236 received

Hi all,

Has anyone looked into EOTPro's indicators, is it worth the time to have a look at them or waste of time?

Cheers

Reply With Quote
 
(login for full post details)
  #39 (permalink)
 jthom 
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

Well it put it bluntly, I wouldnt be using their product, even though I am still a subscriber. Their main product, NCEP (blackbox arrows) I think is not worth the time studying. I have spent ample time studying it, and automating it. It is simple not profitable overall. However, some of their other indicators like the End of Trend and the Volume Splitter are invaluable to me.

The methods on this forum are invaluable, and give you an idea on how to trade 'properly', as opposed to 'waiting for an arrow' to plot.

Reply With Quote
The following 3 users say Thank You to jthom for this post:
 
(login for full post details)
  #40 (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 have give some constructive feedback on EOT and NCEP before and here's a follow up.

I am impressed with NCEP 3. The addition of the bid/ask histogram and the trade speed indicator are solid. Its not the trade speed indicator I seen reproduced here before.

Reply With Quote
 
(login for full post details)
  #41 (permalink)
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 120 received

eotpro have joined up with thomson reuters, they say they have one of there "products", which product I dont know, they also say they have servers in the CME exchange and there thinking of adding more there. They also have parterned up with another bigger company, dont know which one yet.

Reply With Quote
 
(login for full post details)
  #42 (permalink)
 topsteprs 
Sandwich MA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: NQ
 
topsteprs's Avatar
 
Posts: 22 since Jun 2009
Thanks: 3 given, 6 received

Anyone have any thoughts concerning today's special webinar concerning the new Thomson Reuters analytics? I wasn't able to see it.

Reply With Quote
 
(login for full post details)
  #43 (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


topstep View Post
Anyone have any thoughts concerning today's special webinar concerning the new Thomson Reuters analytics? I wasn't able to see it.

Did you watch the replay. I am blow away its beyond what I could imagine, no BS. They are gold standard plain and simple. I recommend them wholeheartedly. They break new frontiers all the time. Hedge fund tools for the retail joe.

Reply With Quote
The following user says Thank You to dandxg for this post:
 
(login for full post details)
  #44 (permalink)
 ewex 
Philadelphia
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
 
Posts: 8 since Nov 2010
Thanks: 0 given, 2 received


dandxg View Post
Did you watch the replay. I am blow away its beyond what I could imagine, no BS. They are gold standard plain and simple. I recommend them wholeheartedly. They break new frontiers all the time. Hedge fund tools for the retail joe.


Could you post the link to the webinar? Thanks!

Reply With Quote
 
(login for full post details)
  #45 (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


ewex View Post
Could you post the link to the webinar? Thanks!

Sorry I can't. There is a real non disclosure agreement surrounding the whole thing. Bill mentioned Thompson required it.

Reply With Quote
 
(login for full post details)
  #46 (permalink)
 AR01 
CA
 
Experience: Beginner
Platform: MT4, Ninja Trader
Trading: EUR/USD
 
Posts: 495 since Oct 2009
Thanks: 400 given, 627 received


dandxg View Post
Sorry I can't. There is a real non disclosure agreement surrounding the whole thing. Bill mentioned Thompson required it.

Are you a paying member of EOTPRO?

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #47 (permalink)
 sharky 
MIAMI,FL
 
Experience: Advanced
Platform: NinjaTrader
Broker: Private
Trading: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,900 received

ummm there are links all over the internet what are you talking about disclosure? to the new stuff from eot pro?...sharky
here is a link
YouTube - ncep 2-5 server

ps it sounds fishy to me again...sharky

KILLING THE MARKETS DAILY
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to sharky for this post:
 
(login for full post details)
  #48 (permalink)
 sharky 
MIAMI,FL
 
Experience: Advanced
Platform: NinjaTrader
Broker: Private
Trading: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,900 received

now that pisses me off they are using a shark in their logo,you think they would use something else knowing that i use a shark,jerks...sharky

KILLING THE MARKETS DAILY
Attached Thumbnails
Click image for larger version

Name:	hmmm.png
Views:	81
Size:	72.6 KB
ID:	34170  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #49 (permalink)
 topsteprs 
Sandwich MA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: NQ
 
topsteprs's Avatar
 
Posts: 22 since Jun 2009
Thanks: 3 given, 6 received


AR01 View Post
Are you a paying member of EOTPRO?

Not currently. I have been in the past and I'm considering giving them another shot.

Reply With Quote
 
(login for full post details)
  #50 (permalink)
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 120 received


sharky View Post
ummm there are links all over the internet what are you talking about disclosure? to the new stuff from eot pro?...sharky
here is a link
YouTube - ncep 2-5 server

ps it sounds fishy to me again...sharky

EOTPRO have bought some kinda product from thomson reuters, the youtube video isnt it sharky, I dont think they will share anything until everything is signed and sealed, not only from thomson reuters, but also from another "Big" company.

thats what I've heard

Reply With Quote
 
(login for full post details)
  #51 (permalink)
 William7 
Reno NV
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES
 
Posts: 7 since Feb 2011
Thanks: 0 given, 1 received

I tried it about a year ago. There were so many bad signals, as mentioned before I don't know how they made profits on some days when they said they did but so many losses. My basic indicators, and thousands of hours of chart time do better. Not bragging here, I just keep it simple and it works for me.

Reply With Quote
 
(login for full post details)
  #52 (permalink)
MrOrange
New York
 
 
Posts: 3 since Mar 2011
Thanks: 0 given, 10 received

I tried EOT Pro for several months last year. I spent about 3 months religiously following bills trades in the room, based on NCEP (2.5 at the time, i think). I also did some backtesting of their NCEP signals, and the data i compiled is still on their forums, on their website.

Anyways, like i said, i followed bills NCEP trades religiously for 3 months. I traded two contracts (live) and over the span of the 3 months, i lost several thousand dollars. I believe i only had a handful of winning weeks. I am not sure how bill was saying he was making money, i could not. It was a big disappointment, i honestly tried very hard to follow along precisely. I had almost-perfect discipline, and fantastic focus, and felt like after 3 months i'd given it more than a fair shake, so i gave up.

Not trying to bash them or anything. If other people have had good experiences with them, that's great. Just being honest about mine.

Cheers.

Reply With Quote
The following user says Thank You to MrOrange for this post:
 
(login for full post details)
  #53 (permalink)
Richard
Dallas TX/USA
 
 
Posts: 154 since Jun 2009
Thanks: 33 given, 283 received

I realize I'm about a year late answering this, but what the heck... I hate to leave conjecture like this out there:


TheCEO View Post
Another thing that intrigued me was why would Richard leave eotpro if they're making money hand over fist?

Did he feel bad for being part of eot? Did andyone ever really make any money in the chat room?

Oh, EOTpro was making more money than ever when I left. Back then was right about when we started trading several markets at once, and scalping CL. That definitely improved our performance (and helped draw attention away from a few lean months on ES if I recall). When I was with them, Bill would pull his ninjatrader stats live for people, and I'd be surprised if he weren't still doing that today. Not only that, but our customer base was bigger than ever. The kinds of deals you are seeing announced this year were starting to come together right about when I left, as well.

But, I didn't get into trading so I could end up at another job We were very focused on business deals and re-inventing ourselves monthly to appeal more to customers, and what I really wanted to do was work on my trading. Even though they had the respect to treat me as a full partner in the decision-making process, I knew I joined them last and did not want to get in their way. So I left.

We did maintain communications with some customers that did very well with our stuff. By and large, those customers were not the ones who hang out in our chat room making small talk all day. Just an observation. We had some real success stories that I'm proud of, but there are many people that would find a way to lose money no matter what you did for them. We started to host webinars with people like Mark Douglas and Ruth Roosevelt to try to help people get their heads on straight, but it's one of those leading horses to water situations. Still, it wouldn't be the markets otherwise, and that's just a part of the business you have to accept. (it's also why it should not really concern you if you meet someone who tried it and couldn't win with it)

Some people on this thread say "I don't know how Bill is profitable" ... you know, towards the end of my involvement with them, what I really wanted was for us to shut down our indicator supply business and re-open as a hedge fund. I would not have been pushing for that if we weren't able to make money with our stuff

I haven't seen the stuff they use now, so I can't give an opinion on it. I just know that when I knew them they used their own product, successfully, and cared a lot about growing in ways that helped their customers as much as it appealed to them. I have always been able to make my own indicators, but I originally joined up with them to soak up Glen's wisdom and experience. To me, that alone was worth the monthly price, because let's face it... when you actually start to make money $300 is just a drop in the bucket, and anything that helps you get there faster is worth it.

I hope this helps.

Reply With Quote
The following 2 users say Thank You to Richard for this post:
 
(login for full post details)
  #54 (permalink)
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
 
futurestrader1's Avatar
 
Posts: 149 since Jun 2010
Thanks: 81 given, 42 received

^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^

Yeah Richard! Glad to hear you again. Man, i remember you from your now super-old youtube videos of your day trades and when you were scalping "mcdonald's lunch money trades" hehe.-- and the introductions with NOTEPAD!! Your cameos of your long hair and trading station in the background made you my stoner-trading hero! I still think in some circles you are still among the god of gods and guru of guru's in the day-traders world.

man, i'm going back to 2007 and reviewing your vids.

Reply With Quote
 
(login for full post details)
  #55 (permalink)
Richard
Dallas TX/USA
 
 
Posts: 154 since Jun 2009
Thanks: 33 given, 283 received


futurestrader1 View Post
man, i'm going back to 2007 and reviewing your vids.

It's funny about having years of your trading online... the older the post is, the more I disagree with myself. I mean, look at the trading in that video you selected... it's horrible! It's cool to see how much I've learned and changed, but also kinda weird that people see the material from 2006 and think I'm still that person today. I'd get rid of the old stuff, but people are always telling me how much they like them (and the whole notepad.exe thing!), so I've left them up.

Thanks for the kind words!

Reply With Quote
The following 2 users say Thank You to Richard for this post:
 
(login for full post details)
  #56 (permalink)
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
 
kronie's Avatar
 
Posts: 798 since Oct 2009


Richard View Post
I realize I'm about a year late answering this, but what the heck... I hate to leave conjecture like this out there:


By and large, those customers were not the ones who hang out in our chat room making small talk all day. Just an observation.

I haven't seen the stuff they use now, so I can't give an opinion on it. I just know that when I knew them they used their own product, successfully, and cared a lot about growing in ways that helped their customers as much as it appealed to them.

I hope this helps.

I appreciated a lot about your response. FWIW, I agree these are the guys to get with, but the comment about lost customers chatting all day, that's so, in every room, no matter what the presentation is or product displayed, wonder why?

Bill is saying that if you're using a $5,000 account and expecting to make money, this isn't the best approach, because it takes money! I appreciate his honest acknowledgement regarding our chosen profession because so many are blow-outs in their accounts, and these tools will challenge a new person to their limits.

Are there any more current comments, because there are over 300 customers that have apparently sworn off all others and adopted his approach. That's refreshing to know that someone else is killing these markets daily...

Reply With Quote
 
(login for full post details)
  #57 (permalink)
TheCEO
Folsom, CA
 
 
Posts: 6 since Jan 2010
Thanks: 0 given, 1 received

Glad Richard gave a great response. It was fun to read. I always felt Shelly had a great heart and really cared fro her clients. I liked Bill too. I had just learned of 'daytrading' and was trying to soak up soooo much info.

I always wonderd what happened to Patty. She would take over in the 9am hour after Bill took a break. This would have been early 2008. She left all of a sudden and never heard what happened. She had like 22 screens or something insane like that. True scalper if I recall correctly.

Reply With Quote
 
(login for full post details)
  #58 (permalink)
 tomasito 
Chicago
 
Experience: Advanced
Platform: Linn Software Investor R/T
Broker: Vankar
Trading: Pipe Organ
 
Posts: 35 since Sep 2009
Thanks: 20 given, 49 received

I noticed this EOT link on NT email (i should unsubscribe), and somewhat distractedly visited their website. The intro was not uninteresting as the talk centered around data feeds and the discrepancies among them. This lead to further discussion of competing with HFT's which comprise "80%" of market volume. Not my statistic and I'm not sure of exactly which market or exchange of which he is speaking. This is interesting though as the CME is employing or will employ new servers to serve HFT and "ultra" HFT community. When EOT began discussing latency and the need for two feeds I began to wonder why NT would even be a consideration for him? They would not even make the minor league let alone come anywhere those traders--this is t-ball in comparison. And they want to scalp "against" HFTs?
The subject is interesting but trying to scalp now is not enticing; short term trading (day-trading) yes, and other vehiciles. From what I've read and come to believe lately, scalpers are unlikely to remain solvent over time, unless you can sustain something like an 80% win rate, in a 1:1 trade scenario.
I do not make a living trading but I took my first trade (handed to me by a friend and a broker) an options trade just before the Shah of Iran was overthrown and lost money (I went fishing, literally), and I am still here.

If interested see Flash Crash presentation:

"The Impact of High Frequency Trading on an Electronic Market,"
By Andrei A. Kirilenko, Albert S. Kyle,
Mehrdad Samadi, and Tu˘gkan Tšuzšu

http://www.uic.edu/cba/icfd/20110826_Kyle_UIC_07.pdf

Reply With Quote
 
(login for full post details)
  #59 (permalink)
 birdoggg 
Charlotte, NC/USA
 
Experience: Advanced
Platform: NT, TOS
Broker: Mirus/ZF, AMP/CQG, TOS, MBT
Trading: Futures, Stocks, Bonds, Forex
 
Posts: 36 since May 2011
Thanks: 56 given, 9 received

Does anyone know why eotpro stopped allowing people to chat with each other in the live trade room?

If you were a member of a trade room would you like to be able to chat and see others questions and have the option to pm others?
Or, is that something that would not matter to you?

What are the top 3 things you would like to have in a high quality trade room?

Just seems odd they stopped...

Reply With Quote
 
(login for full post details)
  #60 (permalink)
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 120 received


birdoggg View Post
Does anyone know why eotpro stopped allowing people to chat with each other in the live trade room?

If you were a member of a trade room would you like to be able to chat and see others questions and have the option to pm others?
Or, is that something that would not matter to you?

What are the top 3 things you would like to have in a high quality trade room?

Just seems odd they stopped...


1. Chat to other people
2. Ask lots of questions without the presenter being rude or throwing you out
3. Had to add chat to other people again, really important for me

Reply With Quote
 
(login for full post details)
  #61 (permalink)
 zxxaxz 
Springfield
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Trading: eMicros
 
zxxaxz's Avatar
 
Posts: 126 since Sep 2009
Thanks: 10 given, 80 received

This is not a picture of Richard, but....

Sent from my floortop
Attached Thumbnails
Click image for larger version

Name:	not_Richard.png
Views:	70
Size:	912.3 KB
ID:	210408  
Reply With Quote


futures io Trading Community Trading Reviews and Vendors > how is eotpro's ncep working


Last Updated on June 16, 2016


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April
     



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