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TruTrade.io Has anyone else have experience?


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TruTrade.io Has anyone else have experience?

  #91 (permalink)
 snake07 
Chicago, Illinois
 
Experience: Intermediate
Platform: NinjaTrader, TradingView
Trading: Futures
Posts: 23 since Dec 2022
Thanks Given: 1
Thanks Received: 5


bobwest View Post
This is one of the reasons we have a vendor review section -- so traders can share their experiences, and so that, if there is a problem with a vendor offering, others will know of it, hopefully before spending their money and/or losing it in trading.

There are always only a few possibilities with any software or any trading product or system:

1. The system is great, perfect, a sure winner. This is basically never going to happen. Sorry. There may be good ones, but none that will just automatically make you rich. And finding a good one is hard. (Don't ask me how to do it -- I don't know. )

2. The system is no good. This is all too often what most find who try it. Why? Because it's easier to sell traders something than it is to make it good.

3. Some traders may get something from it, some may not. Be careful. This is really important, especially the "be careful" part. Traders have to realize that no one is going to just hand them the keys to riches. Some things will work, some will not, and some may depend on the user, which means that even a great system may not work for you. But the general best rule is not to take anything at face value, and keep your money in your pocket.

I am sorry you lost your money. I hope you don't lose more. I know absolutely nothing about this product, but I know very well about sending some slick talker large amounts of money so I will get rich -- which, like just about everybody else, I have done, and not made any money from it either. But thankfully that was a long time ago, and I learned from it.

The best rule is, don't do that. Maybe this is late advice for you, but don't do it in the future.

I hope you can find your own way to trade. There are people posting here on the forum who may help, but the best you can expect is to get their honest experience. The rest will be up to you.

Good luck, and I mean it.

Bob.

Bob,

Thank you for your inputs and futures.io and thanks to the Vendor Review Forum, saved me lots of money, I read true reviews about Trutrade as well as other vendors, I almost fall into Trutrade. After reading this threat, I decided not to pull the trigger and stay out of it.

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  #92 (permalink)
 snake07 
Chicago, Illinois
 
Experience: Intermediate
Platform: NinjaTrader, TradingView
Trading: Futures
Posts: 23 since Dec 2022
Thanks Given: 1
Thanks Received: 5


Stevenxcel View Post
I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I have been using it daily for 6 months on an APEX evaluation account and I have blown up MANY ACCOUNTS. I have only had a few profitable weeks in 6 months. Hindsight is 20/20 and I wish I had never purchased this product. I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.

I'm sorry to hear about your bad experience, I talked to Trutrade and they sent me a quote 2 weeks ago, package 1 with 2 bots ($15k), package 2 with 4 bots ($20k) and package 3 with 9 bots ($30k) and thank you for this thread, I decided not to pull a trigger and stayed out of it.

you don't mind if I ask, what are you using for trading now ?

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  #93 (permalink)
 Stevenxcel 
Santa Monica, CA
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Global Futures / AMP
Trading: NQ
Posts: 9 since Jul 2010
Thanks Given: 2
Thanks Received: 6


Hello Snake,

I am trading with George habash at https://www.harmonytradingsystem.com/

Contact the owner George and tell him I referred you to him.

All the Best - Steven S.

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  #94 (permalink)
 snake07 
Chicago, Illinois
 
Experience: Intermediate
Platform: NinjaTrader, TradingView
Trading: Futures
Posts: 23 since Dec 2022
Thanks Given: 1
Thanks Received: 5


Stevenxcel View Post
Hello Snake,

I am trading with George habash at https://www.harmonytradingsystem.com/

Contact the owner George and tell him I referred you to him.

All the Best - Steven S.

Thank you for sharing, how is your experience with harmony, have you been able to get consistent results ?

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  #95 (permalink)
 planetkill 
New York City + NY/United States
 
Posts: 356 since Sep 2018
Thanks Given: 108
Thanks Received: 311


TruTrade LLC View Post
Replying to ntcat,


In response to having previous NT banner. Trutrade decided there was no value in having NT as they provided really nothing to vendors so we respectfully removed ourselves...


Regards,


TruTrade LLC Corporate

Lol, lmao even

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  #96 (permalink)
 Stevenxcel 
Santa Monica, CA
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Global Futures / AMP
Trading: NQ
Posts: 9 since Jul 2010
Thanks Given: 2
Thanks Received: 6

I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.

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  #97 (permalink)
 Stevenxcel 
Santa Monica, CA
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Global Futures / AMP
Trading: NQ
Posts: 9 since Jul 2010
Thanks Given: 2
Thanks Received: 6


planetkill View Post
Lol, lmao even

I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.

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  #98 (permalink)
 
Darvish's Avatar
 Darvish 
New York
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader
Trading: Futures
Frequency: Every few days
Duration: Years
Posts: 41 since Mar 2023
Thanks Given: 47
Thanks Received: 24


Stevenxcel View Post
I bought The TruTrade Auto Ripper Pro Reloaded for $12,500 in October 2022. I ran it it daily on my Ninja Trader for 1 year. In that time I blew up MANY MANY APEX ACCOUNTS with the Auto Ripper Reloaded. I have only had a few profitable weeks in 1 year. Hindsight is 20/20 and I wish I had never purchased this product, please do not buy it!!! I have emailed support many many times and they have given me pointers on changing settings but nothing has worked. If you want to contact me I would be glad to talk with you - Stevenxcel.

Damn, a trading system above $10,000? That is expensive! It would be interesting to start a thread to see how much each of us has paid for a singular trading system.

TruTrade Auto Ripper [Pro] + [Reloaded], I think when you add those two words I have in brackets, people are just willing to pay whatever. I’ve noticed this.

I just watched the video for this $12,000 trading system, and it’s ridiculous. It emphasizes the fact that you don’t need to understand what you’re looking at, that you don’t need to understand the market you’re trading, or how it works, and all you have to do is just set it and forget it. So basically you have no idea, what this system is doing, and I think that ignorance provides a lot of value to people. And that’s why people are paying $12,000 for the system.

I feel like a trade happened here, and people who buy trading systems like this are the ones holding the bag, and the people who sell these systems are the real traders.

And it’s very tragic,
It’s very very tragic to hear these stories.

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  #99 (permalink)
 
Darvish's Avatar
 Darvish 
New York
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader
Trading: Futures
Frequency: Every few days
Duration: Years
Posts: 41 since Mar 2023
Thanks Given: 47
Thanks Received: 24


JonnyBoy View Post
I am very sorry you paid out that money. That is a large sum of money to go up in smoke.

The truth is, this feels to me like you have been had. That is a ridiculous amount of money to spend on an automated trading system. There are many discussions on FIO about automated trading and strategies.

Did you request if they trade this automated system themselves?
Did you request they send you brokerage statements for proof of profitability? Yes, these can be faked but it's a lot of work.

Traders often think this is a way to get rich. Your computer earning money whilst you do your day job or you sit back in your trading chair and watch the dollars roll in. I can tell you that that will never, ever, ever, ever happen.

I don't know anything about this company and I won't look them up because I have seen this all before. From where I am standing, you have had your first taste of what a cesspool 'so called' trading vendors can be.

The good news is, Google will capture this post if anybody searches for a review. Hopefully, this vendor will go the same way as your hard earned cash.



@bigmike, I think you should pin this post as cautionary tale. I am reading this and it is an allegory of a nightmare. And I at the same time I’m thinking if you have all that money to spend on systems, why do you even want to be a trader, it appears that you have too much money, and have no idea what to do with that money, but wasted on imaginary ways that helps you make more money?. There is a discordant and incongruent character to the story.

But this should be a cautionary tale and a story that every member of these forums should hear. I think people hearing nightmare stories like these will help A lot of traitors know that buying trading systems is the path of the foolish.

If you don’t understand what you’re looking at, you are a bag holder, the proverbial DUMB MONEY! And as harsh as this is, trading requires tough love, the market gives it to you.

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