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TruTrade.io Has anyone else have experience?


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TruTrade.io Has anyone else have experience?

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  #51 (permalink)
 This is the man 
austin MN
 
Experience: Intermediate
Platform: NinjaTrader
Trading: futures
 
Posts: 2 since May 2021
Thanks: 0 given, 1 received

ntcat I have been using there bot for over month, I had to go over there videos alot and once I understood how there set up and how the bot hunts for trades I have had really good success with it!! I personally do not just turn on bot and let it run I determine which direction its moving and let it hunt for those trades, then I always manage the trade. I am always looking for the patterns that repeat and the bot has caught at least 85% of them.

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  #52 (permalink)
 txsroper 
Austin Tx
 
Experience: Intermediate
Platform: NT, TOS, TradeStation
Trading: ES, NQ, CL, GC, Option Spreads
 
Posts: 19 since Sep 2013
Thanks: 8 given, 6 received

Hi This is The Man in Austin, I just moved outside of Austin. Trade ES Futures primarily.
How is the TrueTrade Bot going in June ?

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  #53 (permalink)
GuyMM
miami florida
 
 
Posts: 42 since Aug 2015
Thanks: 33 given, 47 received


I got some spam from this outfit, visited the website and videos, and then found this thread. After reading all the comments, all I can say is the song remains the same. The company is in the bot business--they aren't traders and don't trade for a living. They don't eat their own cooking and have no skin in the game. What's more, the prices they charge are astronomical and you have to pay for every bigger and better bot. This is the Scientology method of upselling. Nirvana is always one more payment around the corner.

Bots that simply fire off entries and then leave trade management to the user are worthless. There are literally hundreds of indicators a trader can use to decide to take a trade manually. Automating that process is no great shakes--it only speeds up the activity. Furthermore, testing out the yin yang for the holy grail of bar size is just another exercise in curve fitting. What works today will fail tomorrow and so on.

My advice is to avoid this product. If a vendor isn't willing to give a free trial for a week or two on any system they peddle, keep your money in your pocket. Period.

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Last Updated on June 15, 2021


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