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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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  #81 (permalink)
 JohnnyCash 
Mechanicsville, va
 
Experience: Advanced
Platform: Ninja Trader
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Trading: ES, YM, TF, NQ, 6B, 6e
 
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I tried this "software" out in 4/2021. Luckily I only wasted $5,000. It never was able to trade with any profitability. But, is was very consistent in losing money, in hind sight, maybe I should have reversed all settings. I decided to trade the old fashioned way and pick and choose my entries and exits....I so much better that way and have made my losing investment into trutrade back.

Do yourself a favour and learn to trade and not look at the market like its an ATM that you can walk up to and make it spit out $100's. It takes time, but stick with it and get your education here at futures.io.

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  #82 (permalink)
 phantomtrader 
Legendary Market Wizard
Reno, Nevada
 
Experience: Advanced
Platform: NinjaTrader
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The clowns are finally posting that they have some losing trades. Mr. Guillermo commented that he had some losers due to Rithmic datafeed, Ninjatrader, news events, the market, internet connection and the heartbreak of psoriasis. But never even suggested that the TruTrade software failed. So we're still at NO LOSING TRADES!

TruTrade posted a 3 hr video with 2 losing trades. They modified their daily profit from five figures down to four. But no losing days! Now they completely wipe the screen of dates, times, bar size and trade execution - there's just a few lines where the trades are supposed to be. I guess they don't want anyone else reverse engineering the piece of crap they're hawking.

Mr. Guillermo mentioned that he purchased their latest bot and can't wait to use it. He got a special deal from TruTrade because he's such a great customer. He advises that you should not expect to get the same great deal he got when you buy the software. In other words, you too can be scammed but you'll pay more than he did. He constantly reminds you how honest he is and doesn't understand the "haters". I guess he's convinced himself anyway.

It's amazing what people think they can get away with.

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  #83 (permalink)
lightsun47
Toronto, Canada
 
 
Posts: 314 since May 2018
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phantomtrader View Post
It's amazing what people think they can get away with.

Isn't this true for 99.98% vendors and educators out there?

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  #84 (permalink)
 phantomtrader 
Legendary Market Wizard
Reno, Nevada
 
Experience: Advanced
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Trading: ZN, ZB, CL
 
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lightsun47 View Post
Isn't this true for 99.98% vendors and educators out there?

It's hard to say. I'm sure there are a lot of honest traders trying to make a living, maybe teaching and selling something along the way. Any vendor who doesn't give a free trial and verified references is NG from the get-go in my opinion. These guys have zero transparency. They charge everyone a different price based on how much they think they can get away with.
And people don't do their due diligence either, so they're partially to blame for getting trapped.

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