Strategy Development who do you trust? - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Strategy Development who do you trust?
Updated: Views / Replies:708 / 13
Created: by fxpro312 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Strategy Development who do you trust?

  #11 (permalink)
Elite Member
Detroit, Michigan, USA
 
Futures Experience: Intermediate
Platform: NT7 w/EW and MG
Favorite Futures: CL and ES (sometimes)
 
t0030tr's Avatar
 
Posts: 59 since Jun 2013
Thanks: 14 given, 38 received

I believe Blackbird from Shark will do all of this for you, but it has not been ported to NT8. I am sure it's coming soon though.

Sent using the futures.io mobile app

Reply With Quote
 
  #12 (permalink)
Trading Apprentice
Canada
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: CL
 
Posts: 15 since Apr 2013
Thanks: 46 given, 5 received

Do any of y'all ever worry that these developers will leak it out and not keep it confidential? Is that a risk that comes with it? Like for instance, what if you give a developer a nice trading system, what if they use it for themselves as well behind closed doors?

Thanks for clarifying.

Reply With Quote
 
  #13 (permalink)
 Vendor: www.orderflowdashpro.com 
North Carolina
 
Futures Experience: Beginner
Platform: NinjaTrader, Tradestation
Favorite Futures: es
 
Posts: 284 since Nov 2011
Thanks: 69 given, 263 received


@HinduMVP Absolutely you should be concerned about that if you have a world class strategy. I have had some bad experiences and would not put blind trust in a broker, hedge fund manager, prop firm, internet guru or author, etc. Reality is though is that many of the people who would steal your strategy, i.e. prop firms and hedge funds, already have similar strategies and are already competent. Also, unless you have a PHD and are doing some sort of arbitrage then it is not likely you will have discovered a world class strategy. If you are that PHD, you are already routing your trades through multiple brokers. It is super difficult to make strategies that perform.

On the other hand trading strategies aren't the magic touch. Also, most people will not trade strategies that work for long enough to realize the gains because most strategies that work will have various periods of underperformance.

I can almost promise you that if I gave 10 people a very profitable strategy that in a year or two at most only one or two people and very likely no one would have made any money. I, can, also almost guarantee you that if I made calls on the market that had an overall edge and high performance and gave them to a group of random people that if anyone traded them that they would lose money because the uncertainty factor is unknown. Some people would load up the boat when I had a good streak and blow out. Others would trade so small that they wouldn't make enough money to even be tangible. That's is why trading is difficult: I call it the bounding box problem.

On the other hand, sharing has a lot of value too. I don't worry because remember too, if you have discovered any consistently profitable pattern in the market then it already exist to be discovered and others will likely be trading it too.


HinduMVP View Post
Do any of y'all ever worry that these developers will leak it out and not keep it confidential? Is that a risk that comes with it? Like for instance, what if you give a developer a nice trading system, what if they use it for themselves as well behind closed doors?

Thanks for clarifying.


Reply With Quote
The following 2 users say Thank You to tpredictor for this post:
 
  #14 (permalink)
Trading Apprentice
Canada
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: CL
 
Posts: 15 since Apr 2013
Thanks: 46 given, 5 received


tpredictor View Post
@HinduMVP Absolutely you should be concerned about that if you have a world class strategy. I have had some bad experiences and would not put blind trust in a broker, hedge fund manager, prop firm, internet guru or author, etc. Reality is though is that many of the people who would steal your strategy, i.e. prop firms and hedge funds, already have similar strategies and are already competent. Also, unless you have a PHD and are doing some sort of arbitrage then it is not likely you will have discovered a world class strategy. If you are that PHD, you are already routing your trades through multiple brokers. It is super difficult to make strategies that perform.

On the other hand trading strategies aren't the magic touch. Also, most people will not trade strategies that work for long enough to realize the gains because most strategies that work will have various periods of underperformance.

I can almost promise you that if I gave 10 people a very profitable strategy that in a year or two at most only one or two people and very likely no one would have made any money. I, can, also almost guarantee you that if I made calls on the market that had an overall edge and high performance and gave them to a group of random people that if anyone traded them that they would lose money because the uncertainty factor is unknown. Some people would load up the boat when I had a good streak and blow out. Others would trade so small that they wouldn't make enough money to even be tangible. That's is why trading is difficult: I call it the bounding box problem.

On the other hand, sharing has a lot of value too. I don't worry because remember too, if you have discovered any consistently profitable pattern in the market then it already exist to be discovered and others will likely be trading it too.

Well said, thank you!

I'm planning on learning how to code just to avoid going through that. I also have some friends that are in computer science with good programming knowledge so I can even ask them questions if I have any. It's a little tough to get your mind committed to learning essentially a new language.

Reply With Quote

Reply



futures io > > > Strategy Development who do you trust?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
GOM Custom Strategy Development scorpioking Hire a Consultant or Programmer 0 January 13th, 2016 06:22 AM
Perrys Trading -> Strategy - development wgreenie NinjaTrader Programming 259 October 21st, 2015 01:22 PM
Webinar: NinjaTrader Strategy Development for New Programmers Big Mike NinjaTrader Programming 15 August 3rd, 2015 05:54 PM
strategy development kavin729 NinjaTrader Programming 14 May 6th, 2012 02:31 PM
Strategy development suprsnipes NinjaTrader Programming 1 March 2nd, 2010 10:45 PM


All times are GMT -4. The time now is 03:35 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-26 in 0.10 seconds with 19 queries on phoenix via your IP 54.162.10.211