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As a footnote to my previous post, let me say what should be obvious, that we are making no judgment about whether this software is a good thing to buy or whether it works or not.
There have been positive experiences reported by real people, and negative ones. The way a review thread works and serves the public is that a range of experiences are discussed, and in the back-and-forth of different opinions, something that is useful to people who are interested in the product is allowed to come to the surface. They can then make informed decisions based on shared factual reality, and can decide either way, according to their assessments of what they have seen.
But when someone with a financial interest in the product posts fake reviews, pretending to be just a normal customer using the product in their own trading, this process of finding whatever value it has is short-circuited, and instead of being an arena for possibly conflicting views being resolved by give-and-take between real people, it becomes just a venue for a sales effort, in this case, an effort that was deliberately concealed under an assumed identity and a fake message. This is why there is a strong policy prohibiting vendor self-promotion here.
We continue to welcome real reviews by actual users of the software, and have no preference whether they are positive or negative -- just that they are real.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
If you want proof I'm more than happy to provide it.
in crypto if its not your keys its not your bitcoin
Same goes for paid indicators, if its not your license its not your indicator, and can be taken away from you at anytime at the vendors discretion.
The reason I chose Mbox wave is for the ease of machine ID registration, when my BiOS updates on my laptop or when I change machines its a pain in the proverbial to email the vendor with the new machine ID
With Mbox wave the process is instant and simple and no contact with the vendor necessary. As I said before I used it for the Weis Wave because I use tick charts predominantly, the other indicators in Mbox wave I found to be useless and bogs down NT
Just because I gave an honest but negative comment I don't deserve to be accused of being a competitor spamming Mbox.
This is all I say about the matter.
The end result of this experience with Mbox is that the dude has stolen $1300 from me and I have all the emails and registration license to prove it, if any one doubts this post I'm more than happy to verify with moderators to show authenticity of my comments.
A lot of vendors have started bypassing the Ninjatrader licensing system (e.g. GoldenZone also known as NeuroStreet and now NS Trading Academy are an example). The Ninjatrader 8 licensing server is hosted by Ninjatrader. I have no clue about MBOXX but if your license is still through Ninjatrader 8, you can speak to Ninjatrader and discuss the issue with them. They might help you resolve the problem or maybe even enable your license.
Hi Bob, with due all respect, I understand your point and I agree with Zextra, to be able to help this community to learn from each other, we should be able to express our like or dislike of any vendor, I see the 20 positive comments from MBox as positive feedback from MBox user and this would be useful for us to look into the MBox software. I have used this forum to search for different vendor and based on the feedback, I stayed away from some and look into others which has helped me in my trading.
Well, this would normally be a reasonable point of view.
But, there are some unusual circumstances here:
1. If you haven't already read up to my post yesterday in which user zextra was banned, you should. In it I detail the circumstances that lead the moderator team (all were involved) to conclude that the users "zextra" and "mboxwave" were in fact the same person, and is the owner of MBOXX. Mboxwave was banned for vendor self-promotion in 2017, and "zextra" was banned yesterday for the same, and, in addition, for operating duplicate accounts and posing as a normal user of the software, in order to influence the opinions of potential customers.
It is important that the actual vendor of the software has been promoting it in this forum. It is not merely that it is against the rules, which it is, it's that by imitating a legitimate user with a legitimate "review," he is giving a false impression of a real user's experience, and is doing it to convince others to buy it -- from him. We just don't allow this use of the vendor review section.
2. The sudden blast of reviews that were orchestrated by mboxwave/zestra were intended for the purpose of drumming up more business, to put it simply. There is a difference between users spontaneously offering their opinions, and agreeing with others who have the same opinion, and a sales campaign that is set in motion by the vendor to increase sales.
More than one MBOXX user, including "zextra," specifically mentioned that the vendor had asked his followers to put out reviews of the product. We are not going to agree that a surge of favorable reviews, set up by the seller of the software, is anything but what it seems to be, a direct effort to influence sales by imitating normal reviews. They are not normal reviews. The difference is that these are vendor-directed in order to generate interest and sales, which is simply a type of vendor self-promotion.
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Now, with all that said, if you read further, you will also come to a subsequent post where I specifically mention that we are making no judgment about the software one way or the other, and that actual reviews, positive or negative, are entirely welcome.
There are in fact some satisfied user reviews of this software, and some unsatisfied ones. This will often be the case, and it helps people come to their own conclusions about whether they want to try the software out. We welcome reviews that are done simply because the user wants to report their experiences... but not ones that are stimulated by a vendor to boost his sales. There is a vey simple difference.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I'm all for positive feedback but not when random charts are shown. Perhaps if users showed real trades using MBOXX the posts would have more meaning.
I can post a cherry picked chart with MAs and MACD/stochastics/rsi that looks fantastic all day and night. What will that prove? That these "canned" indicators are great?
One person I know of had their license for MBoxWave removed and didn't get a refund. This has happened before.
MBox Mike seems to be a bully. Text below was adjusted from original.
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If there are any victims of MBox Mike reading this; people that paid him money and then got their license taken away, please get in touch. This is consumer fraud.
For the consumer fraud. It does not matter what Mike made you sign or what his contracts say. All business transactions must have 'consideration' on both sides. Any contract that rescinds your license without a refund is not legal, nor is it enforceable. This is clear-cut consumer fraud. Petty theft.
On the Futures regulation side - people can send a CFTC whistle-blower or complaint form here: https://www.cftc.gov/complaint or here: https://www.whistleblower.gov/ - you do not necessarily need to be a victim to be a whistle-blower and you can report anonymously. You can report the fraud or his videos claiming profits that are not real. There are many of these videos.
NinjaTrader still have Mike as a partner. They should hang their heads in shame over this. He is using their licensing system. Complaining to NinjaTrader about his behaviour will help.
Not sure where you are getting your info but as the saying goes "There are 2 sides to every story".
If you violate the terms/conditions on any site, they have rights that sometime include measures such as banning you.
Most sites will give you warnings first (which was done in at least one case at MBox) and if things escalate to ... 'poor choices' on the part of the subscriber, then there are consequences. These are legally required to be laid out in the Terms and Conditions.
I am a client of MBox. I am a very happy client of MBox. I have never seen Mike do anything that was in any way not 100% directed at helping his members.
No idea if you know someone who was banned or not. No idea if you are someone who was banned. But if you were to compare happy members with a few who are not there anymore, I think the math alone would speak volumes to your case.
