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Jigsaw Journalytix is BAD. Jigsaw is a joke.
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Jigsaw Journalytix is BAD. Jigsaw is a joke.

  #1 (permalink)
New York
Posts: 89 since Nov 2016
Thanks: 6 given, 73 received

Jigsaw Journalytix is BAD. Jigsaw is a joke.

I'll start by saying that Jigsaw itself is a good tool. What's bad is Journalytix. Specifically, the "leader board".

Here's the problem. You have a bunch of people trading on SIM or DEMO that don't take it seriously. They're always the top dogs on the leader board. These guys would never trade the same way with real money.

IF Peter Davies was serious, he would create two leader boards. One with only SIM trading and another with only LIVE trading. It's technically easy for him to do that. Then maybe people would take the leader board seriously.

I mean seriously. If I wanted to be top dog, sure I can martingale my way to number one. Get in a trade and keep adding until I have no choice but to make money on the trade.

Look at today. Here's the"top 3" on the leader board: https://gyazo.com/00d2abcc1466cbba2724cc74bad6be21

Look at #1: https://gyazo.com/32c2966dfe35c7d461386d52768ffd90

It's a demo account. Does anyone seriously think he made $600,000 in June and $400,000 in August? Of course not. It's easy when it's Monopoly money.

How about #2: https://gyazo.com/ce1b01e3438bf0d62be453d2f17b2ae6

Again, demo. If it was real money, he wouldn't have a $400,000 draw down in the month.

My point is people look at this as a joke. Peter has the technical ability to have two leader boards. One for only live trading and one for this fake trading. Obviously, people would take the live trading leader board seriously. When I click on the individual names, over 90% of these guys are trading demo. There's a reason no one takes it seriously.

If Jigsaw wants a serious and "professional" platform, they need to take this seriously. At this point, people look at Jigsaw as a joke. I mean seriously. The guys in #1 and #2 are making $500k or losing that amount on demo. Really?

I don't know why Peter won't make the adjustment. He can even have a feature to filter out only live trading and you see who really does well. Then people will really look at Jigsaw as a serious platform.

Supposedly, they're a "competitor to Trading Technologies X_Trader. There's no competition. X_Trader blows them away. Maybe if they took every aspect of their business seriously and catered to serious traders, people would view this different.

This isn't my view only. I talk to a lot of traders and hear the same thing across the board.

It's a simple fix. Fix that and people will respect Jigsaw. Making a guy #1 because he can trade 1,000 ES contracts on DEMO is a joke. Seriously. We want to see real live trades. We want to see how real traders with real money are doing. No one cares about some guy trading Monopoly money. We all have that ability to trade that way. We want to see who actually does well with REAL money. Peter I hope you read this and actually implement a change.

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
Tallinn, Estonia
Trading Experience: Beginner
Platform: SC
Favorite Futures: NAS100
lemons's Avatar
Posts: 900 since Nov 2010
Thanks: 1,760 given, 2,180 received

Lose you EGO

It seems you want to be in TOP of leader board.
Do you want a be always right ?

Or do you want to make money most of the days ?
There will be always somebody better than you.

Its better to make more money than you made last week than be the NO 1 in leader board.

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  #4 (permalink)
New York
Posts: 89 since Nov 2016
Thanks: 6 given, 73 received

Not about me wanting to be in the leader board. If I wanted to be at the top of the board, I can do exactly what these guys are doing. It's really not about that. Jigsaw markets itself as a professional platform. This isn't professional. The whole point is nobody cares if a guy on demo can trade 1,000 ES contracts and make $500k if it's fake. If it's real and you can filter out live trades, people would take it seriously. If it's live and a guy can do that, great. If it's demo, we all can do that. My request to Jigsaw is to fix this flaw so people actually view them as a professional platform. Otherwise people look at them as a joke. I really don't care about being on the leader board. That's not the point of this post.

  #5 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
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Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 47,618 since Jun 2009
Thanks: 30,364 given, 89,804 received

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