The Trading Authority - any good? - futures io
futures io



The Trading Authority - any good?


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one drmartell with 3 posts (1 thanks)
    2. looks_two trelum with 2 posts (3 thanks)
    3. looks_3 jinhar with 1 posts (1 thanks)
    4. looks_4 K44charts with 1 posts (1 thanks)
      Best Posters
    1. looks_one traderwerks with 2 thanks per post
    2. looks_two trelum with 1.5 thanks per post
    3. looks_3 Nimble with 1 thanks per post
    4. looks_4 FELIX with 1 thanks per post
    1. trending_up 11,733 views
    2. thumb_up 10 thanks given
    3. group 9 followers
    1. forum 13 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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)

 
Search this Thread
 

The Trading Authority - any good?

(login for full post details)
  #1 (permalink)
 drmartell 
Portland, OR
 
Experience: Intermediate
Platform: NinjaTrader mostly
Broker: I've tried 'em all
Trading: ZN, ES, 6E, TF, CL
 
drmartell's Avatar
 
Posts: 94 since Mar 2010
Thanks: 176 given, 78 received

A couple of years ago a broker recommended The Trading Authority to me as a reputable educational outfit.

I would be curious to hear any opinions.

I tend to watch their periodic summary videos. The latest one is here.



What I liked about this latest video is that they have gone to a somewhat more mechanical assessment of potential returns.

Anyhow I would be interested if their results are verifiable.

Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Noise: A source of your errors?
Traders Hideout
need help writing easylanguage radarscreen weekly perfor …
EasyLanguage Programming
NT8 connectivity by FXI API to unsupported brokers?
NinjaTrader
Anyone else using Overcharts? Theyre not very helpful
Trading Reviews and Vendors
EasyLanguage: fetch option price using Stock ticker
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
97 thanks
FIO Journal Challenge - April 2021 w/Jigsaw Trading
38 thanks
I finally blew up an account
38 thanks
EdgeProX from Edge Clear
22 thanks
The tiyfTradePlanFactory indicator
21 thanks
 
(login for full post details)
  #3 (permalink)
 K44charts 
Florida
 
Experience: Intermediate
Platform: ninja esignal
Broker: IB
Trading: AMZN RIMM CAT JPM
 
Posts: 5 since Jun 2009
Thanks: 1 given, 2 received



drmartell View Post
A couple of years ago a broker recommended The Trading Authority to me as a reputable educational outfit.

I would be curious to hear any opinions.

I tend to watch their periodic summary videos. The latest one is here.



What I liked about this latest video is that they have gone to a somewhat more mechanical assessment of potential returns.

Anyhow I would be interested if their results are verifiable.


Todd Brown always did the videos for this company years ago and he was really good, one to one moves he would to talk about and i learned them and still use them today, and he new what he was doing , but he would get deep then go off in a trance and start talking about tony robbins the big motivation speaker and salesman, structure and all other other stuff i cant remeber, sounding like a scientist like carl segan talking about the planets. confluences, influence, srtucture, rule sets, price modules, deep space, and on and on till you almost fell asleep.......lol

But what there showing in the video is nothing more than macdbb lines. The yellow dots on zero line of macd.


K

Reply With Quote
The following user says Thank You to K44charts for this post:
 
(login for full post details)
  #4 (permalink)
 jinhar 
mumbai maharashtra/india
 
Experience: Beginner
Platform: Ninja
Trading: Crue/Tf
 
jinhar's Avatar
 
Posts: 289 since Jun 2009
Thanks: 23 given, 763 received

The trading authority .. will give you different models of there day trading swing trading system ..and teach you all fib and structure trading .. again models are something very basic and which u can get on your own watching few videos or develop on your own ... the most important part of there training like many other will be money management discipline .. how to back test the system you created and trade it .. Thats all i have came to know .. So if you dont have any system or idea .. i would suggest you to look around Bmt . lots of profitable ideas floating around here .. and trading authority is not going to provide you any stuff better then here . that i am sure of .. Just my one cent ..

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to jinhar for this post:
 
(login for full post details)
  #5 (permalink)
 trelum 
SLC, UT
 
Experience: Intermediate
Platform: TOS
Trading: Futures Options on ES, CL
 
Posts: 4 since Oct 2010
Thanks: 7 given, 4 received

I attended a few days of free live room sessions a week or 2 ago. They really stress doing your own backtesting with the system and doing the work to have confidence in the system. But as was previously mentioned, the meat of the system is just MACD Bollinger Bands with signals at the cross of the zero line. The "fib dots" as they call them are just the Super Trend indicator. futures.io (formerly BMT) has both of these. The "TraderTrend" is some combination of RSI and a couple of EMA's. The "BigMo" is just an EMA with a channel drawn a couple of ticks to each side of it.

The manual has some good things in it, especially filters to consider and multiple contract strategies. But they really leave it up to you to decide what filters to incorporate into your trading plan and it is sort of lame that most of the indicators they sell for the system are probably just modified from freely available indicators around the web.

Reply With Quote
The following 3 users say Thank You to trelum for this post:
 
(login for full post details)
  #6 (permalink)
 smartguy 
ohio
 
Experience: Intermediate
Platform: tradestation
Trading: es
 
Posts: 30 since Feb 2010
Thanks: 28 given, 9 received


trelum View Post
I attended a few days of free live room sessions a week or 2 ago. They really stress doing your own backtesting with the system and doing the work to have confidence in the system. But as was previously mentioned, the meat of the system is just MACD Bollinger Bands with signals at the cross of the zero line. The "fib dots" as they call them are just the Super Trend indicator. futures.io (formerly BMT) has both of these. The "TraderTrend" is some combination of RSI and a couple of EMA's. The "BigMo" is just an EMA with a channel drawn a couple of ticks to each side of it.

The manual has some good things in it, especially filters to consider and multiple contract strategies. But they really leave it up to you to decide what filters to incorporate into your trading plan and it is sort of lame that most of the indicators they sell for the system are probably just modified from freely available indicators around the web.

Where do I find the manual? Thanks.

Reply With Quote
 
(login for full post details)
  #7 (permalink)
 drmartell 
Portland, OR
 
Experience: Intermediate
Platform: NinjaTrader mostly
Broker: I've tried 'em all
Trading: ZN, ES, 6E, TF, CL
 
drmartell's Avatar
 
Posts: 94 since Mar 2010
Thanks: 176 given, 78 received


trelum View Post
I attended a few days of free live room sessions a week or 2 ago. They really stress doing your own backtesting with the system and doing the work to have confidence in the system. But as was previously mentioned, the meat of the system is just MACD Bollinger Bands with signals at the cross of the zero line. The "fib dots" as they call them are just the Super Trend indicator. futures.io (formerly BMT) has both of these. The "TraderTrend" is some combination of RSI and a couple of EMA's. The "BigMo" is just an EMA with a channel drawn a couple of ticks to each side of it.

Thanks for the hints on the indicators. I wasn't aware of the Super Trend one, but found Mike's code for it.

At least I can see if the backtest results are duplicable now. . .

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #8 (permalink)
 trelum 
SLC, UT
 
Experience: Intermediate
Platform: TOS
Trading: Futures Options on ES, CL
 
Posts: 4 since Oct 2010
Thanks: 7 given, 4 received


smartguy View Post
Where do I find the manual? Thanks.

I got it from a free trial after a Ninjatrader webinar. They must offer trials from time to time.

Reply With Quote
 
(login for full post details)
  #9 (permalink)
 Nimble 
CA
 
Experience: Intermediate
Platform: NinjaTrader,JTrader,ThinkOrSwim
Broker: IQFeed
Trading: ES, ETF
 
Posts: 17 since Aug 2009
Thanks: 5 given, 20 received

Took the course 3 years ago. Todd Brown talks very well. That is about it.

Reply With Quote
The following user says Thank You to Nimble for this post:
 
(login for full post details)
  #10 (permalink)
 FELIX 
OXFORD, ENGLAND
 
Experience: Master
Platform: NINJA
Trading: FX,NQ
 
Posts: 1 since Sep 2010
Thanks: 3 given, 1 received


ALTHOUGH I HAVE TRADED MARKETS FOR 40 YEARS, I HAVE JUST SWITCHED TO DAY TRADING.
I ALSO HAVE A.D.D. AS AN EXTRA BONUS; TO ME A FLAT LINE HAS VOLATILITY.
DAY TRADING REQUIRES A DIFFERENT MINDSET FROM POSITION, SWING, TREND, RELATIVE VALUE, RISK ARB TRADING THAT I HAVE BEEN ACCUSTOMED TO.
I FOUND USING PREVIOUS KNOWLEDGE FOR DAY TRADING WAS DETRIMENTAL TO SUCCESS.
IF YOU FOLLOW THE TRADING TODD, JASON OR GEORGE PROVIDE, YOU WILL COME OUT A BETTER DAY/POSITION TRADER. THEIR SYSTEM AND SYSTEM APPROACH ARE GOOD AND IF PROPERLY USED, WILL BE PROFITABLE.
THE MOST IMPORTANT ASPECT OF THEIR APPROACH FOR ME WAS THE MENTAL TRAINING THEY PROVIDE AND FEATURE IN THEIR ROOMS. POSITIVE EXPECTANCY (CONFIDENCE) IN THE SYSTEM, YOUR ABILITY TO FOLLOW YOUR RULES OF ENGAGEMENT AND SOMETHING THEY STRESS ALL OF THE TIME; REPETITION. REPETITION OF YOUR RULES OF ENGAGEMENT FOR YOUR MARKET AND TIME FRAME. THEY CALL IT BACK TESTING AND FOR ME IT WASN'T SO MUCH BACK TESTING A SYSTEM BUT RATHER YOU USING SIM TRADING UNTIL YOUR TRADING BECOMES AUTOMATIC IN THE APPLICATION OF YOUR RULES OF ENGAGEMENT.
LIKE I SAID EARLIER, THEIR SYSTEMS ARE LOGICAL AND THEY WORK. TO ME, THEIR MOST VALUABLE FEATURE IS THE MINDSET THEY PROVIDE AND TRY TO INSTILL FOR ONE TO BECOME A SUCCESSFUL TRADER.
DAY TRADING MARKETS WILL ALWAYS BE THERE (I HOPE). THE QUESTION IS, ARE YOU THERE AND PROPERLY PREPARED TO EXTRACT MONEY FROM THEM IN A CONSISTENT MANNER?
IF YOU ARE, CONGRATS! IF NOT, GIVE THESE GUYS A TRY.

Reply With Quote
The following user says Thank You to FELIX for this post:
 
(login for full post details)
  #11 (permalink)
 traderwerks   is a Vendor
 
 
Posts: 693 since Jun 2009
Thanks: 434 given, 464 received

@FELIX

Welcome aboard I see it is your first post, but please don't type in all caps. Some consider it the electronic equivalent of yelling.

Math. A gateway drug to reality.
Reply With Quote
The following 2 users say Thank You to traderwerks for this post:
 
(login for full post details)
  #12 (permalink)
 timothy 
minneapolis
 
Experience: Beginner
Platform: ninjatrader
Trading: nq
 
Posts: 6 since Aug 2010
Thanks: 1 given, 0 received


Nimble View Post
Took the course 3 years ago. Todd Brown talks very well. That is about it.

Nimble, Would appreciate any more input on your experience with thetradingauthority.com as I've been seriously considering their daytrading system. Are you saying that their system doesn't hold up over time? Where did it fall short? Thanks

Reply With Quote
 
(login for full post details)
  #13 (permalink)
 forrestang 
Urban Samurai
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
 
forrestang's Avatar
 
Posts: 1,239 since Jun 2010
Thanks: 306 given, 950 received

They have a good document on money management, and a general decent book/pdf of basic technical analysis. Its a decent book, but this info is also readily available in many places.

Their daytrading model.... I tried this years ago, and I would never get the type of results George would get, even comparing notes on a day-to-day basis.

I expect different signals etc, since we were on different platforms/feeds etc.... But my results would just about be 180 out of phase with his actually. I spent months looking at, live trading, backtesting it..... I never really saw any positive results with it. But that's just me.

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 drmartell 
Portland, OR
 
Experience: Intermediate
Platform: NinjaTrader mostly
Broker: I've tried 'em all
Trading: ZN, ES, 6E, TF, CL
 
drmartell's Avatar
 
Posts: 94 since Mar 2010
Thanks: 176 given, 78 received


forrestang View Post
But that's just me.

But, coming from you that says a lot.

Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to drmartell for this post:


futures io Trading Community Trading Reviews and Vendors > The Trading Authority - any good?


Last Updated on December 17, 2011


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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