I have been using BSG for a number of months now and have incorporated it into my daily Futures trading. Happy to discuss results and interested in chatting to other users. I trade ES, CL, ZB & CG.
The following user says Thank You to Paul Credo for this post:
just came across this. caught the eye. i like to understand different products especially if a product classifies itself as helping with order flow.
i see that you have used this. are you still using it. would love to hear your thoughts on what you think is different. it seemed some of the stuff is perhaps similar to a uni-renko. would also be great if you have used footprint/ladders prior to this product....what makes this unique to what a normal ladder/footprint may not show.
Yes, I still use BSG indicators. Just to give you a little background, I started using them a little over a year ago and incorporated some of their indicators into my trading with good results. Since then, they have frequently introduced additional indicators to their offering, all included in the price. This excludes their Automatic Trader which is sold separately.
I'm not trying to push their products here, but they also run a chat room for $25 a month which I highly recommend. If you just take the trade calls in the room you can more than pay for your monthly subscription on just single contract trades.
A few days ago they released their latest indicator the BGPRO. This is proving really popular with members in the chat room, and although I have only been using it in SIM mode (I don't trade anything live until it proves itself in test) with extremely good results - especially if you like scalping.
Hope that helps. Feel free to ask if you want to know more.
Kind regards,
Paul
The following user says Thank You to Paul Credo for this post:
Thanks so much for your reply. I was looking at their website and also realized the chat room is only $25. I am definitely going to sign up. Thanks again for your help
Kristi
The following user says Thank You to kriedd for this post:
their zones bars do work and were very similar to a unirenko bar settting and they align nice with some of Cory indicators with the current market structure of higher daily range
their might be similar means on the GOM/DELTA that are free etc but I want something that gives me information not me taking away information if that make sense.
The following 2 users say Thank You to drakebauer for this post:
Their BSGPro Bars are probably some form of Renko but for me they have really aligned nice with some things on here like the WIZCCI AND BLINE MACD and I tend to rely on that more than order flow.
But you are absolutely probably correct that lot of it can be found on here.
Hello, just wondering if anyone had any updates on how they are doing with buyside global? I was a member a couple of years ago but didn’t really find success with it. I’ve noticed they’ve added some new indicators and I’ve watched videos where they’ve claimed to make thousands per day. There is no way to verify this though because they don’t offer a trial, unfortunately. I’d love to hear any feedback from members. Thank you!
The following user says Thank You to kriedd for this post:
I was in their room last month - the trader in the room doesn't even use their indicators or autotrader. He uses a moving average crossover system on a 377 tick chart. DO NOT believe his youtube videos as they are not even close to the results he actually gets in the room. To get his results to positive one day he put on a 60 contract trade in the bonds...he also averages in on losing trades. Total joke.
They now only focus on an autotrader strat that has stops 2x the size of the target - my back testing showed negative results.
The following 2 users say Thank You to SawDr for this post:
After renting the BSG softwares for 4 months, this is before this new guy Tage Mathiesen took over the room Ok...?,here is my verdict : it has good signals and bad signals 50% of the time is accurate . by the time I got a runner I was in the hole because you have to take every signal . the reason is you never know which one is good or bad,so never went beyond simulation anyways . Never liked the way the previous host Peter Balla traded the BGOrderFlow version of the software for tight scalping. I used the BGBuySellZone,BGOrderFlowZones,BGSupplyDemand only . I did not care for the BlueChip.
The following 2 users say Thank You to ELche for this post:
I received a message from "Jason" claiming to be the President of Buy Side Global. He has flagged your post claiming that what you've stated above is "a complete fraud and a lie", further stating the post is a "fabricated story in an attempt to harm [his] business".
He wants this post (and others in this thread) to be deleted, but our policy is to allow members to freely and openly share their experiences, and we refuse to delete member posts simply because the vendor doesn't like them - so long as the post reflects your actual experience and/or states your opinions, and is not a knowingly false misrepresentation.
Based on this, would you please provide additional information and evidence that your post reflects your actual experience and/or opinions, so that we may rule out that it was a knowingly false misrepresentation designed to slander Buy Side Global.
My post was certainly not "a complete fraud and a lie". I'm reporting what I experienced. The massive contract trade in the bonds was actually in one of their youtube videos which has since been deleted. Anyone that watches their other videos will also see that most of the trades are based on the MA crosses which is NOT a buysideglobal indicator or system. The results posted most days were not the same as what the trader was getting in front of the room members. This is not an attempt to harm their business although as a trader that has been in a number of rooms, it really bothers me when false returns are promoted in youtube videos. The "fraud and lie" is not on my end.
The following user says Thank You to SawDr for this post:
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,792 since Jun 2009
Thanks: 32,314 given,
97,618
received
Do you have a link to the deleted video by chance? Maybe it can be resurrected by other means, as the vendor also claimed they never trade more than 4 contracts at a time.
Do you have any receipt or email of some kind to prove you were in their trading room, which would establish you have had an experience with them.
The Youtube video that showed a 60 contract trade in ZB was 10/17 - you will see that it is now conspicuously missing from that week's videos. I'm not aware of how to recover it - ask the vendor to re-post it without editing and you will see who is telling the truth here.
The following user says Thank You to SawDr for this post:
I want to commend and defend Sawdr. for his post. He replied to my request about user experiences with this company. It wasn't about trying to harm Buyside global. It was a response to a question I posted.
I too was not successful with this company, in the past. I was a member a couple years ago when they were promoting their "BG Pro" indicator. The room trader did not even normally use it. Then for a while he tried it in front of the room members and was not successful and even stated he would not be using it again. He went back to using his order flow method which was highly discretionary and hard to follow.
I'm not accusing Buyside global of being frauds. The fact is I don't know. However, I do know there are a lot of frauds out there and very few legitimate trading rooms and this hurts people who spend money on a trading room only to find out it was a fraud. If Buyside global is legit, where is the verified track record to prove it? If they don't offer a track record, then how about at least a 2-week trial so people can make up their own minds. They refused to do this, I asked. They did offer a 1 week ($19 trial) a few weeks ago. However, this has ended and they are not allowing people to take advantage of it now. Also, 1 week is not enough time to evaluate a room.
I also appreciate futures io for allowing people to post their honest opinions. This helps people like me looking for an honest and transparent mentor.
The following user says Thank You to kriedd for this post:
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,792 since Jun 2009
Thanks: 32,314 given,
97,618
received
Moderator Notice
I informed Buy Side Global that we found no reason to believe our policies had been violated in the posts he reported, including libel (or slander as he described it).
Therefore, we won't be deleting the posts he wants us to delete.
Users are encouraged to share their experiences about vendors here on FIO. Even if that experience is a negative one. We will protect the rights our members enjoy of free speech. Naturally, if we believe it is libel or otherwise non-genuine, we will remove it as that is against our rules.
The owner of Buy Side Global mentioned escalation of this and stopping it now before it "spiraled out of control", but we stand by protecting our members rights to free speech - so long as they are speaking from experience or expressing an opinion, and not intentionally and knowingly spreading false information (libel).
Read Emmett’s report about buyside global on trading schools.com.
Scary! I trust Emmett because I’ve been in other rooms he’s reviewed and found him spot on!
The following user says Thank You to kriedd for this post:
I have been considering the Buy Side Global $10 trial for 7 days but not anymore. Thank you all. Still looking for an honest company besides Kris at Lizard. I emailed Convergent today and await their response. Currently looking at MBox.
Hi, I have no experience from the vendor, but I was looking at the screenshot that someone posted and most of them look like indicators that are publicly available for free with slight tweaks. The smoothed chart is most definitely a renko. The beauty of renko charts is any renko that doesn't repaint reveals how it's created. It's equivalent to a 1-5-10 UniRenko. I only threw up the footprint and renko since the time chart is basically the same. The one thing I wasn't able to replicate is the buy sell strategy since I don't have any information on the formula, but uhh seeing as it doesn't filter chop it doesn't seem that impressive. You're also going to have a terrible risk to reward because the way this renko is setup is each continuation bar is 1 tick and each flip is 10 ticks and look how far away you put your stop loss at the supertrend
For what its worth, I only heard about all the dust up after getting in their trading room. I have watched them trade for about a month in the room. I use their indicators, and they seem to be as good or better than any other indicator I have tried. You get a trading entry point, a direction, stop and targets. The mod takes trades in real time, in front of everyone. Is it perfect? No, I would be nervous if it was. Anyone who doesn't have a down day or week is selling you something. But the indicators work great for me, and the chat room is a god send in an otherwise solitary endeavor. For a few points in the ES, one gets a solid trading plan, and a group to ask and give advice in. I'm happy with my results.
The following user says Thank You to Dayvid23 for this post:
Do they provide a signal service or do the indicators themselves produce an entry? If the indicators themselves produce an entry, would you mind sharing a screenshot or two? I ask because from what I see, aside from the chatroom their indicators don't appear to be anything particularly special.
I hope I'm able to answer everyone's questions, I'm not great at posting~ the BuySide Global room charges $147 a month, that comes with a boat load of indicators, i like to think of it as 3 points in the ES, my only relationship with the vender is as a satisfied customer, and if I did this right, I added a screen shot off of their web site, the one you showed looked old. It's accurate as to what the indicators you are paying for do: give you an entry point (the blue dot, shorts are red), the bottom of the triangle is the stop, and the horizontal lines are the targets. So far, i'm making money using their system.
The following user says Thank You to Dayvid23 for this post:
That’s a great screen shot. Does this work on any other futures instrument besides the ES? I get bombed by them everyday to do the $10 trial for seven days but I’ve done not it because you have to cancel quickly as day 7 approaches or they hit you for the $147. They also have an auto trader. Any experience with that?
Do they have a verified track record? They should if they call trades. If they don’t, I’d stay away and don’t fall for the b.s. excuses as to why they don’t. I’ve learned this lesson the hard way!
Again disclaimer, I have no experience with this vendor, but the indicators still don't look like anything special. Maybe the chatroom is good? I doubt it seeing as they're using a ton of buzzwords for marketing. It looks like current OHL, some form of moving average, and block trades. I have no idea how the triangles are drawn, but looking at their strategic location, they almost look like fractal pivots... which unfortunately aren't realtime. For $147 a MONTH.. A MONTH that sounds like a ripoff. But maybe the chatroom provides immense value. But I am always skeptical of subscription services because you become their cash cow. They get to trade risk-free with your and other subscribers' money.
I'm just INQUIRING and exploring ideas. Very unlikely I'd ever subscribe. Seems almost every educator that is selling a system has a seedy past, not every single one but most. It doesn't necessarily condemn them forever. They often have something you can learn from. Thank you.
The following user says Thank You to Oriole for this post:
No personal issues at all. Just my experience with the product and the trade room - my HONEST experience. Just FYI - Big Mike is good at sniffing out rats.
The following user says Thank You to SawDr for this post:
I've watched their videos. They seem to start in real money mode and after they bank some profits into the trading morning, they switch to SIM. I've been tempted to do their $10 trial despite the negative sentiment here.
They want $147 per month which includes all the indicators, I think. So you're in effect "leasing" their system on a month to month basis which includes their trade room. It certainly a lower risk proposition than spending thousands upfront on a system that isn't gonna perform. Trade-offs. As a good friend of mine once said, there's an a$$ for every seat.
Be careful giving them your credit card. I tried their room and it was not at all helpful so I canceled and they still charged me. Eventually, they did give me a refund but it was quite a hassle. I don’t trust them at all.
Can you explain the logic behind switching to SIM? I'm looking at their system and they have a 90% win rate. Call me stupid, but if your system has that big of an edge, why would you stop... unless you don't have confidence in the system. I'm looking at the stop loss which is anywhere from 2x to 4x the profit take and it makes me think this system has a negative expectancy. They quit while they're ahead and continue to trade so as to provide a sense of value as they milk their little trader cows.
16 losing trades wipe out 62 winners. Risking 4R to take home 1R. Think about it like this. What if they make 2 bad calls back to back and you're down $700 and only making $90 bucks a win. You now need to win 9 times to break even. NINE times. Would you have the emotional strength to do that risking your hard earned money? No wonder they simming
Over the last few weeks, they have been email blasting and in the email, they show the previous day's trade results via that Ninja screenshot in a video. The narrator mentions in so many words that they start in LIVE and switch to SIM after they bank their profits not to lose the wins for the day. I don't recall his exact logic other than to not over trade and give up profits already banked.
I was set to do the $10 trial and saw that it's one of those deals that if you don't cancel in time, they will charge you the $147 for the next month and immediately knew that they'd likely take $147 no matter what so I did not proceed.
BSG not a plug and play product but have used it for several years now.
Some of the indicators on here like Volume Stop I seem to arrve at good thresholds at turns in both slower and faster markets.
SMTD indicator on a longer term Line Break Wicked charts seems to be good confluence and that is what I use to pick trades as they line up often enough and before the cattle are out of the gate so to speak.
I looked at BSG a few years back and it was OK but I didn't continue with it. I recently attended their Ninjatrader webinar and decided to look into their product again. I decided to go ahead and purchase the yearly deal they had.
I'm not too impressed with the auto trader just looking at the results on their website. They did it on sim and did not include commissions. The "blue chip" indicator is just a red light/green light deal which may or may not work. I haven't used it enough to pass fair judgement. In my brief time looking at it I suspect there may be some trade decision support value.
The main reason I purchased was the BG orderflow tool. I have only used it for two days on a market replay account but it seems to display the orderflow clearly. I have used Rancho Dinero (Acme products) and Ninja traders order flow tools but BSG seems to be much clearer to me. Only time will tell.
There are a few kinks to work out on my end setting it up correctly but if my testing is any indication it may be worthwhile.
The following user says Thank You to Wartrace for this post:
My main problem with trading footprint charts has always been interpreting them quickly. It seems easier with this tool however time will tell. I tend to be over optimistic when trying out new things. Maybe I'll report back in a few months.
The following user says Thank You to Wartrace for this post:
YES, I am glad you asked. But, only if you trade Forex will you have a problem. I cannot speak about Futures, but I purchased the subscription based upon watching the Futures and asking in the webinar if it worked on Forex. It does not and they lied to me. It took multiple, multiple emails before they would answer specific questions. To their credit they did refund my money. (Unlike the Trade The Fifth's Rollercoaster piece of crap!) Nevertheless, I did a review on a review site about Buyside Global. I think the product looks good for Futures, but will not work with Forex.
The following user says Thank You to faithdefender for this post:
I contacted NinjaTrader about what they did in misrepresenting Forex, but nobody listened. I also contacted them regarding TradeTheFifth and their RollerCoaster indicator, but again, nobody cared.
I guess the vendors are the ones who "push" the platform, but the ones who buy the licenses mean nothing? TT5th did (silently) agree by advising traders that they should trade the Futures equivalent if they trade Forex. They also changed the subscription from 3 months to 1 month. How did that help me? They refused to refund even though the Forex Rollercoaster continued to put out terrible risk to reward, Consistently 5,10 risk to 1 reward.
I realize they are two different vendors, but the point is NinjaTrader didn't pursue it. And we get stuck with the bill.
