Jigsaw Journalytix is BAD. Jigsaw is a joke. - futures io
futures io futures trading



Jigsaw Journalytix is BAD. Jigsaw is a joke.


Discussion in Trading Reviews and Vendors

Updated by Big Mike
      Top Posters
    1. looks_one Trader1034 with 2 posts (2 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 Big Mike with 1 posts (2 thanks)
    4. looks_4 lemons with 1 posts (1 thanks)
    1. trending_up 1,097 views
    2. thumb_up 5 thanks given
    3. group 1 followers
    1. forum 4 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

Closed Thread
 
Search this Thread
 

Jigsaw Journalytix is BAD. Jigsaw is a joke.

(login for full post details)
  #1 (permalink)
New York
 
 
Posts: 89 since Nov 2016
Thanks: 6 given, 74 received

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.

The following 2 users say Thank You to Trader1034 for this post:

Can you help answer these questions
from other members on futures io?
FYI plot bug & workaround: changing color or width is delayed 1 bar
EasyLanguage Programming
Thinkorswim poor order execution?
Brokers
With 1 click place orders on two accounts (rithmic and cqg)
NinjaTrader
Setting up an alert on a Gartley study
Traders Hideout
Is your daily return predetermined?
Psychology and Money Management
 
 
(login for full post details)
  #3 (permalink)
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
 
lemons's Avatar
 
Posts: 931 since Nov 2010
Thanks: 1,820 given, 2,237 received


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.

The following user says Thank You to lemons for this post:
 
(login for full post details)
  #4 (permalink)
New York
 
 
Posts: 89 since Nov 2016
Thanks: 6 given, 74 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.

 
(login for full post details)
  #5 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 48,913 since Jun 2009
Thanks: 31,587 given, 94,545 received

Moderator Notice
Moderator Notice



Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal
The following 2 users say Thank You to Big Mike for this post:

Closed Thread

futures io Trading Community Trading Reviews and Vendors > Jigsaw Journalytix is BAD. Jigsaw is a joke.


August 28, 2019


Upcoming Webinars and Events
 

Introducing Edge Pools: Prop Pricing Model w/Edge Clear

Jul 9
 

Every journal equals ten meals for the hungry

Now
     



Copyright © 2020 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