Ninja Trader
WE welcome you and Ray to come out and explain how your selection criteria works when you choose a Ecosystem Vendor
NT you owe alot to retail traders who are your bread and butter.
Why you guys are letting so many cowboys to come and share their traffic lights and then in simple words rip them off.
When NT promotes a vendor, their is certainly an obligation that a thorough review with back testing is done.
Other platforms do not have an ecosystems that promotes everyone and everything, so the quality
of customers it bring could be argued would be much higher overall.
I would like to invite views who people consider legit or not
This may give a chance and feed as far as what vendors truly helped and which did not and which are just plain rip-off salesman. The Oil Money with Scott Morris is certainly is top of the list who sits in a hotel lobby and tells everyone his made up sad stories and sells potential traders a system that in his own words is the best in the planet...but wait for it only as good as 60% win rate again in his word.
And NT has and is promoting this vendor.
We have come across so many of them who come out and say their system is the best in the world and Ninja Trader promotes them and lets them conduct Webinars to assist them to get customers and in return NT gets more customer.
NT and Ray, you have an obligation to look after your customers and not just your pockets as without us retail customers, where will your business be today.
Sharmas
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The following 3 users say Thank You to sharmas for this post:
Ninja Trader needs to take serious action and only promote Vendors that pass the highest criteria.
Come on Ray....lets see what have you got to say on this. Who do you value more....little traders who come to this forum and buy your platform...or scam artist
I think the ecosystem is not intented to be a recommendation to buy. It is more like the apple app store where apple only check to see that it is not a virus infected app, or an obvious scam.
Buyer beware in any field, but especially in the shady world of live rooms and indicator salesmen.
The following user says Thank You to Forexoil for this post:
A thriving Ecosystem Explore the many innovative applications that extend and enhance NinjaTrader’s functionality to enrich your trading!
Learn how professional traders and educators utilize Ninja Trader’s powerful analysis tools and flexible functionality to maximize their trading potential.
And then they bring on these Vendors in Webinars and that to me is a straight endorsement that they have been tested and has met NT criteria to be a partner.
Does Apple have that...do they hold webinairs to get partners in to promote a mutual product set to sell more Apple products...dont think so unless its not offered in this country.
Sharmas
The following user says Thank You to sharmas for this post:
I'm not sure i need to spell out the obvious here but Ninjatrader is pretty much a retail trading platform. The ecosystem is pretty much there for the vendors. There are some great vendors that provide a real alternative to the professional trading platforms with their useful add ons. There are others however that are really nothing more than beginner traps that rake in subscription fees month on month.
Much like any shopping experience its buyer beware. I'm not sure NT has any social responsibility to ensure the vendors are offering legitimate systems and tools, there is so much subjectivity in that.
I agree though there are some dodgy vendors.
XS
The following user says Thank You to xiaosi for this post:
Exactly. Buyer Beware! Do your own research. I don't think Ninja (a retail trading platform) should do it for me. What works for you may not work for me and vice-versa.
The following user says Thank You to BeachTrader for this post:
"NinjaTrader' s Ecosystem vetting vendors" Ninja Trader
WE welcome you and Ray to come out and explain how your selection criteria works when you choose a Ecosystem Vendor
NT you owe alot to retail traders who are your bread and butter.
Why you guys are letting so many cowboys to come and share their traffic lights and then in simple words rip them off.
When NT promotes a vendor, their is certainly an obligation that a thorough review with back testing is done
We all can hide behind disclaimers but there is certain obligations that a basic organisation even follows
