My Experience - futures io
futures io

My Experience

Discussion in Trading Reviews and Vendors

      Top Posters
    1. looks_one tolico with 2 posts (3 thanks)
    2. looks_two Tasker_182 with 1 posts (0 thanks)
    3. looks_3 Big Mike with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 2,317 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 4 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 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

My Experience

(login for full post details)
  #1 (permalink)
Medford Oregon/United States
Experience: Beginner
Platform: Ninja Trader
Trading: CL
Posts: 4 since Dec 2013
Thanks: 0 given, 1 received

I just thought I should share my personal experience with

Back around October 2013 I got some info on a course called Time Trader by John Ondercin. I watched the sales pitches and it seemed like a good course for a fairly new trader like myself.

Well it had a price of $2400 but it had a 4 month payment option too so I jumped in and started the course with the first payment.

I also joined his 20-tick trading room to learn as well. First I have to say the 20-tick trading room is a joke. I have been in several trading rooms and the moderators were always there for at least 3 hrs showing multiple trades. In this room John Ondercin pops in at about 5:50am pacific time, does the 9am eastern oil trade and then maybe one more trade and then he is gone. That means he is there for maybe 30 at the very most. Pretty much a useless trading room for sure!

Now about the course. The main time trade that he shows and also does in his trading room is the 9am oil trade. I tested about 100 trades using the market replay option in Ninja Trader and did fairly good. So I opened a live account and started some real trading. Needless to say this was a bad idea.

He teaches multiple time trades throughout the morning so I tried several of them as well. The only trade that shows any real promise (or that produced any real profits for me) is the 9am eastern oil trade. After about 2 weeks of trying several time trades I had lost about $1000 and decided it was enough.

The sales page for time trader says 100% satisfaction guaranteed! That is a joke too. I asked for a refund after making the second payment on the course but they denied my request.

I had been through the entire course and found that it is not nearly the training I had hoped it would be. It is simply a "Shot in the Dark" trading system. There is no real reason for entering and exiting your trades with this course. If you are the type of person who likes to drop $100 at the roulette table and let it ride then maybe this course is for you, but that is not me.

The only real value I got for my investment was some good Ninja Trader training that I could have gotten for free on Youtube.

So to make a long story longer I would NOT RECOMMEND this course to anyone.

As many traders have learned psychology is very important and this course is the most stressful attempt at trading I have ever seen. Once you have entered the trades you simply never have a real clue of what direction the market is going to go. You just have to enter and hope for the best.

I also was annoyed that I started getting emails from them trying to sell me on many other info products related to options and other trading things. It really seems to me that these guys simply make their money from info sales and not real trading profits.

Do yourself a favor and learn a real trading methodology from a proven trainer. Avoid this course!

Started this thread
The following 3 users say Thank You to tolico for this post:

Can you help answer these questions
from other members on futures io?
Pinescript to EL conversion - ema cloud indicator
NT8 Batch load strategies from xml
NT8 - Footprint Chart adding on code
Order Flow Volume Profile POC parameters in Ninjatrder
use of Ultimate Oscillator in NT8
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
12 thanks
Cycle Analysis... a way of looking at price action.
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
Basic Education for Beginner Trader
7 thanks
4 thanks
(login for full post details)
  #3 (permalink)
Legendary Market Wizard
Cedar Rapids, iowa
Experience: Intermediate
Platform: Ninjatrader
Broker: Ninjatrader - Continuum
Tasker_182's Avatar
Posts: 617 since Aug 2009
Thanks: 436 given, 1,194 received

Thanks for your well written evaluation. It is good to read a review that is written without the normal emotional drivel that distorts the viewpoint. Sorry that you had to have the experience and cost and appreciate your warning to others.

Note: I think this thread should be put under Vendors reviews.

"Money is better than poverty, if only for financial reasons." - Woody Allen
(login for full post details)
  #4 (permalink)
Medford Oregon/United States
Experience: Beginner
Platform: Ninja Trader
Trading: CL
Posts: 4 since Dec 2013
Thanks: 0 given, 1 received

Thank you for your response to my post.
I agree that it should be in the vendor review area but the system would not let me post there since I am a new member of this forum.
Maybe in the future this will get moved there, we'll see.

Started this thread
(login for full post details)
  #5 (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: 50,182 since Jun 2009
Thanks: 32,681 given, 99,580 received

This thread is a duplicate.

Use search before posting:


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:

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 > My Experience

Last Updated on January 10, 2014

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
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