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daytradingthefutures.com review

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  #101 (permalink)
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
 
Posts: 122 since Oct 2011
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I bought the monthly subscription for the indicators and had access to the room
What he doesn't tell you is that to close the trade as shown in the videos you need the fib dots which are sold separately from the indicator package for $300 and without the fib dots you have no way of knowing when to close
Also he only sends an email update when he indicators work which happens maybe once every 2 weeks
Most of the time you get losing signals and when you ask him he will instruct you to clear all NinjaTrader data on your PC



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  #102 (permalink)
San Francisco, CA
 
Experience: Intermediate
Platform: Ninja Trader, TOS
Trading: rty, cl, gc, nq, ym, dax, es
 
Posts: 75 since May 2011
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SpyderTrader View Post
Has anyone purchased this guys chatroom and examined his bar type?
All his videos from the month of May have something called SymRenko...would be interested to know if he leases/sells the bar type.

From what I could tell on his latest NT webinar is the it is a variation of the UniRenko.

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  #103 (permalink)
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received


Actually nevermind, I think I found a vendor that created the charts that these guys use.
Jay Wireman is a master rip off artist for sure.
Wonder how many futures.io (formerly BMT) indicators he has also renamed his own.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #104 (permalink)
Auckland
 
Experience: Advanced
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And another vendor who Ninja Trader has on their ecosystem and have held a number of webinars also

And just like SOT - JJ this crowd also will tell you that they are in Top 10 companies

What a lie and what a way to make a living by ripping off poor traders who are none the wiser

Sharmas

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  #105 (permalink)
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Manta, Ecuador
 
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SpyderTrader View Post
Actually nevermind, I think I found a vendor that created the charts that these guys use.
Jay Wireman is a master rip off artist for sure.
Wonder how many futures.io (formerly BMT) indicators he has also renamed his own.


sharmas View Post
And another vendor who Ninja Trader has on their ecosystem and have held a number of webinars also

And just like SOT - JJ this crowd also will tell you that they are in Top 10 companies

What a lie and what a way to make a living by ripping off poor traders who are none the wiser

Sharmas

Make sure you are reporting fraud to the CFTC, and reporting your evidence to @NinjaTrader if they are an 'approved' vendor.

Mike

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  #106 (permalink)
Chicago, Illinois
 
Experience: Beginner
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Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
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sharmas View Post
And another vendor who Ninja Trader has on their ecosystem and have held a number of webinars also

And just like SOT - JJ this crowd also will tell you that they are in Top 10 companies

What a lie and what a way to make a living by ripping off poor traders who are none the wiser

Sharmas

Didn't you post this rant on another thread?
My beef isn't with NinjaTrader or their ecosystem...my beef is with people who clone futures.io (formerly BMT) stuff and then charge money for it.

There is no such thing as "poor traders"...that makes it sound pathetic.

If you don't do your due diligence before spending your hard earned money on yet another indicator...then you are the sucker that people spot a mile away.

NinjaTrader Ecosystem actually does have some pretty awesome vendors, and for the most part I enjoy their presentations.

Jay Wireman may be a ripoff artist...but his presentations are outstanding.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #107 (permalink)
Auckland
 
Experience: Advanced
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Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
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Thanks but great presenters don't make money for their customers

There is a huge variance in your statement and maybe if you think things through it is the great presenters that tell you how great their system is and then when you buy it to only see it wont make you the money

I like honesty and a system that works as my bills are not paid by great presenters

SOT JJ
Day trading
Oil Money- Scott Morris

These are just few who are great presenters but yet their system sucks

Thanks

Sharmas

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  #108 (permalink)
Montreal
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ZB
 
Posts: 40 since Apr 2011
Thanks: 15 given, 10 received

His SYM Renko bar type is nothing more than something similar to Unirenko with the Heiken Ashi attached to it. So when you use his signal on CL for example and you get a short signal arrow at let's say 58.57, than the actual price is already at around 58.47 or .46 or .45, which will NOT get you in where the signal actually triggered, unless of course CL retraces.

On the bright side, his Market profile is superior! I have never seen a better market profile than his.

In regards to his signals, yes, obviously you won't get them all right (no system does), but there is something called a corrective wave and a motive wave (you can see these at his site) with the motive wave being the best one.

So once CL breaks out of market profile and retraces (this is a motive wave, with 5 min. trend) and you get a blue buy dot, that is the best signal you can get. But again, doesn't work all the time.

Jay signal btw, works best on FDAX and CL. Not so well on TF or Gold (unless big news came out and they move hard).

Hope that helps (sorry, no magic pill

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  #109 (permalink)
San Francisco, CA
 
Experience: Intermediate
Platform: Ninja Trader, TOS
Trading: rty, cl, gc, nq, ym, dax, es
 
Posts: 75 since May 2011
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Yes, I agree. The Sym Renko is the modified Unirenko married to a Heikin Ashi. I was impressed by his market profile as well and am hoping someone on BM can help decipher the MP and share it.

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  #110 (permalink)
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received


Whats the story on his Market Profile levels?
Is it only available in chatroom format?

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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