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Fire Rock Futures
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Created: by Paul Botelho Attachments:0

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Fire Rock Futures

  #1 (permalink)
Elite Member
fall river, MA/USA
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: oil
 
Posts: 10 since May 2012
Thanks: 0 given, 2 received

Fire Rock Futures

I came across this room and was wondering if anyone has heard of them or has had any experience with them. Thanks

Fire Rock Futures- LIVE Day Trading room - $500 Per Day - #1 Rated Trading Room

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,736 since Sep 2013
Thanks: 9,813 given, 10,993 received



Paul Botelho View Post
I came across this room and was wondering if anyone has heard of them or has had any experience with them. Thanks

Fire Rock Futures- LIVE Day Trading room - $500 Per Day - #1 Rated Trading Room

First paragraph on their hideous site:

UPDATE : In August 2010 - One Of the WORST trading months in years we made $9,291 trading just ONE contract. Yes, just ONE contract - that is over 180 points trading the ES Emini Futures! That would be $18,582 trading 2 contracts or $27,873 trading 3 contracts in ONE MONTH ! We know results like that are hard to believe so we had an independent accountant audit our results - click here for the audit letter. With results like these why are you not a student ?

One it is 2014 so they are probably gone. Second they immediately assume that they would have made the same amount if they would have just scaled up one or two contracts. Position sizing is more complex then that and I have seen systems crash by increasing their sizing by one contract.

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  #4 (permalink)
Elite, not Elitist :)
San Diego
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 339 since Nov 2011
Thanks: 153 given, 401 received

Here is a quote from their site:

"Hello and Welcome To Fire Rock Futures – The #1 Rated Education and Trading Room"

Where did this come from? #1 Rated Education and Trading Room? Who ever said that? I never even heard of them. Sounds like they are making stuff up.

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