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NinjaTrader' s Ecosystem vetting vendors


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NinjaTrader' s Ecosystem vetting vendors

  #31 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

@NinjaTrader and Ray

Come out clean and let your members and moreso your lifetime members know what you stand for.. Money like many snakeoil salesmen we find in trading world or you being a company with some sense of responsibilities towards your customers.

How does your vetting system work..
Here is the real proof you have @Scott Morris selling his same useless product via endorsements from Ninja Trader.

TOM - Jorge - Actual Live Trade using PivotScalper, KSqueeze, T3 and ATM Strategy
Oil Money
Oil Money


Sharmas

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  #32 (permalink)
 MrTrader 
ITAJAI SC/BRAZIL
 
Experience: Intermediate
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Hmm..
This is interesting.
I did not know this guy Scot and TOM System..

But as I saw NT release about KSqueeze I did their trial, U$ 1,00 for 7 days and cancelled it a few days after.

I can confirm the indicators are EXACTLY the same.
That oscilator, colors, the zero line (blue dots with cyan dots), same bars (a mixed renko+heikinashi bars) and same signals.

Hope this helps.

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  #33 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


@ Ninjatrader
and @ Ray

Front up as you owe it to your customers and not just focused on filling your pocket with revenue by bringing is scam artists as your new partners. Why do you do this and what potential benefits do you get.

Ray a lot of people are awaiting for your response and to see where you stand on this poorly run vetting system of your... @NinjaTrader your credibility is on the line here ...Show your leadership and fix your vetting system and remove the bullshit vendors that are making money because people see them as an approved Ninja trader partner..

Sharmas




MrTrader View Post
Hmm..
This is interesting.
I did not know this guy Scot and TOM System..

But as I saw NT release about KSqueeze I did their trial, U$ 1,00 for 7 days and cancelled it a few days after.

I can confirm the indicators are EXACTLY the same.
That oscilator, colors, the zero line (blue dots with cyan dots), same bars (a mixed renko+heikinashi bars) and same signals.

Hope this helps.


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  #34 (permalink)
 
tortuga's Avatar
 tortuga 
Auckland New Zealand
 
Experience: Intermediate
Platform: Ninjatrader
Broker: FXCM, Phillip
Trading: forex, futures
Posts: 10 since Aug 2015
Thanks Given: 10
Thanks Received: 5

As the saying goes, Sharmas: sometimes, silence speaks louder than words.

Good on you for bringing up the subject. I think the previously made point, that NT is retail focused, really did hit the nail on the head though.

I for one have never looked at any of the Ecosystem lineup. It just smacks of suckerware.

I am only interested in the platform itself. Because so many traders on this site and others use NT I had expected it to be really good. Now I'm thinking it must just be that the alternatives aren't that great.

Traders have to be sharp to survive. The industry survives on turnover. Not trade turnover... but trader

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  #35 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

@ninja Trader
@Ray

My request is a very simple one and one that needs proper response for all of your customers.

#What is your Vendor Vetting process
#Why does Ninja Trader allow everyone that moves with a product to become a partner
#Isn't in these Vendor Webinars that you promote the use and sale of Ninja Trader platform

Yes there is a direct mutual benefit for you and the vendors.

So are you silent because you are there to protect these cowboy vendors at the expense of your own customers who pay your wages and your beautiful holidays.

Also under your leadership ...Ninja trader is struggling to release NT8... May be real focus needed to go into your own NT8 development rather than focusing on the number of partners you can gain on weekly basis.

My thoughts and support by many as it needs real courage to stand against the mighty companies.

Sharmas

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  #36 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599


sharmas View Post
@ninja Trader
@Ray

My request is a very simple one and one that needs proper response for all of your customers.

#What is your Vendor Vetting process
#Why does Ninja Trader allow everyone that moves with a product to become a partner
#Isn't in these Vendor Webinars that you promote the use and sale of Ninja Trader platform

Yes there is a direct mutual benefit for you and the vendors.

So are you silent because you are there to protect these cowboy vendors at the expense of your own customers who pay your wages and your beautiful holidays.

Also under your leadership ...Ninja trader is struggling to release NT8... May be real focus needed to go into your own NT8 development rather than focusing on the number of partners you can gain on weekly basis.

My thoughts and support by many as it needs real courage to stand against the mighty companies.

Sharmas

Please stop posting the same thing over and over. It's up to @NinjaTrader if they want to respond to you, but repeating yourself over and over is just annoying. If you don't like NT then take your business elsewhere, let your actions speak for you (instead of you posting the same thing over and over).

Ray did respond to you once before already on June 2nd, in case you've forgotten...


NinjaTrader View Post
Hello Sharmas,

I have been out of the country on vacation and in fact still am and have just seen your multiple posts so I appreciate your patience on my reply. You specifically ask, “what is NinjaTrader’s selection criteria for Ecosystem partners”. First, it is important to understand that anyone can build and market anything they want for NinjaTrader without our consent, permission or authorization since NinjaTrader is an open platform. We do have a formal vetting process for new ecosystem partners requests which I discuss in more detail below.

Specific to ecosystem members where we do provide visibility through the ecosystem website or webinar programs, these companies have been carefully vetted for any possible illegal activity (past or present), consistent or frequent customer complaints and regulator violations including the NFA and CFTC (perhaps you consider this selection criteria). In many cases new ecosystem partner requests are refused for these reasons although this is not publicly visible.

As far as “proving” their add-ons, systems or education are effective (profitable), that is the responsibility of the trader to determine since it is subjective in many cases. Our ecosystem events are not “vendor endorsements” they are risk free opportunities for traders to see and hear from ecosystem vendors such that they can make their own determination on possible value to them. We do not limit these vendors since you never know who may really click with traders nor do we penalize someone just because they are new to providing their services. Somehow you feel we are taking advantage of traders by taking this open approach which I disagree with since we are actually providing them opportunities to determine who may work for them which otherwise might not be available. We believe in a free and open market where traders can make these decisions for themselves so we facilitate these opportunities for them. We also do not have a compensated marketplace to reap financial gain from the ecosystem companies which would be the only reason your concerns with the ecosystem vendors would potentially make sense.

We also have an ecosystem disclaimer that covers some of what I have included here and others have mentioned in previous posts however with your multiple requests I wanted to expand on some of it for you. I have now directly replied to you on it and I will not enter into a debate about it so I hope our position is clear since I will not be responding again to this thread.

Mike

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  #37 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Big Mike
This is your site and we are mere visitors here... Question was asked and replied to in June.. However since then @NinjaTrader has acquired a new vendor partner Ksqueeze which has been prepackaged from iscapler/oil money to Ksqueeze...

For a normal lay person it is so very obvious and a lay man does need to question @NinjaTrader as to what their vetting process is and motive is.

Its one thing to defend forum members from Vendors and other to protect them from likes of Ninjatrader who keeps bring them up like mushrooms

I am a simple man with ethical views and we always find ourselves what values we need to stand on what we believe in and question what is so very obvious wrong.

If we are to protect then we stand for that and not to rethink our ethical views.

Maybe you will block me or suspend me but i know the truth is the truth

Sharmas

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  #38 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,212
Thanks Received: 101,599

I'm not going to block or ban you. I agree there is a integrity problem in the vendor space. But you've said your peace, a few times in fact, and at this point you have your answer.

If you don't like the answer you received, I suggest you vote with your wallet.



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Last Updated on September 9, 2015


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