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Had to laugh $37,000 for software (www.orderflowpro.com)


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Had to laugh $37,000 for software (www.orderflowpro.com)

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  #21 (permalink)
 sysot1t 
 
 
Posts: 1,176 since Nov 2009


monpere View Post
There's a sucker born every minute. All he needs is a couple of them, and he is making a decent living. Sure beats trading for a living. He is bold, gotta give him that

there are in fact suckers born every minute, even very educated people can be suckers... madoff anyone? in any event... he is not the first nor the last... he will get more than just a few subscribers.. people out there are willing to pay $16K for nexgen t3 fibs, and thousands a year for software like eotpro, bwt, etc. because it sells them the dream...

as I write this, I think of day trading as the new gold rush of the 1840's and early 1900's... and the new addiction of the masses...

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  #22 (permalink)
 jeffman 
Las Vegas NV
 
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I was very interested in seeing his system work. I had communicated with the guy, Mike DeWoskin who runs orderflowpro.com. I was very skeptical of anyone charging $37,000 for a system. Mike convinced me to first pay $295.00 for a morning webinar to watch the system work in live trading. Well, I am so releived that I only paid $295.00 and not had bought the system for $37,000.

Basically, during the webinar he did not trade the system. He only pointed out what he claims as "gauranteed" trades after the fact. In other words, he cherry picked trades in hindsight. Anyone can look at a chart and pick out a trade setup after the fact and only pick the ones that would have worked.

When I asked for references and his trading statements, he was unable to provide me with anything. The only thing he could provide is his claim that the system works.

There you have it. An actual experience.

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  #23 (permalink)
 jeffman 
Las Vegas NV
 
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I received an email today from Mike at Orderflowpro.com. The email came to me after my original post on futures.io (formerly BMT) earlier today. He now has committed to doing another Webinar on Monday. This time, he stated he will place trades live, using his system while I observe. I will report back and post here Monday after the webinar.

In my opinion, if his method/systems does what he has advertised, the $37,000 fee would be worth it to me. Obviously, if it is not what it's represented to be, then it's not worth anything to me.

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  #24 (permalink)
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jeffmum View Post
I received an email today from Mike at Orderflowpro.com. The email came to me after my original post on futures.io (formerly BMT) earlier today. He now has committed to doing another Webinar on Monday. This time, he stated he will place trades live, using his system while I observe. I will report back and post here Monday after the webinar.

In my opinion, if his method/systems does what he has advertised, the $37,000 fee would be worth it to me. Obviously, if it is not what it's represented to be, then it's not worth anything to me.

How many trades will it take in that hour or two to convince you to part with $37k?

Serious question.

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  #25 (permalink)
 MetalTrade 
 
 
Posts: 1,081 since May 2010

You can come trade with me on monday in the bigmike skype trading room.

I will show you 2 trades within 2 hours. (if they appear I will take them and shout them out, before the trade)

They will be 100% winners. And it won't cost you a dime.

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  #26 (permalink)
 sysot1t 
 
 
Posts: 1,176 since Nov 2009


jeffmum View Post
I received an email today from Mike at Orderflowpro.com. The email came to me after my original post on futures.io (formerly BMT) earlier today. He now has committed to doing another Webinar on Monday. This time, he stated he will place trades live, using his system while I observe. I will report back and post here Monday after the webinar.

In my opinion, if his method/systems does what he has advertised, the $37,000 fee would be worth it to me. Obviously, if it is not what it's represented to be, then it's not worth anything to me.

you do realize that "live" trades can be done in demo account where execution conditions are nothing like with real money. placing a live trade, does not always equate to trading with actual money. Rockwell is a great example, all their "live" trades are actually on accounts that are not really using live money, and the times he does uses real money, he gets in an out quick with 1 contract, not risking much money at all...

if you are so desperate to find a working method.. look at osoktrading.com, I have seen him trade with actul real money... not hiding behind the CFTC rules, etc...

IMO, $37K for a "system" is just plain silly... I rather pay $37K and get a master's degree on Financial Engineering then get hired by a financial firm as an analyst and work my way up.. if I had the $37K to waste like that, I guess my account would have to be easily over $1MM for me not to worry about paying that kind of tuition to someone who might not even be a real trader.. I mean, I would want to not only see his trading account, but also speak to his/her accountant and understand his trading structure(LLC) whose absence would be to me a dead give away of the person being a scam) and personally, I would even do a background check (which is not all tht hard now-a-days)..

it is one thing spending $1K-$2K on others people understanding of the markets, aka training from FulcrumTrader, FuturesTrader71, Dalton, or anyone else like them, and it is a completely different thing spending $37K on someones understanding and supposed edge without knowing without the smallest doubt that he/she is actually trading successfully...

most real traders, wont even want to show you a P&L or even waste their time unless they have a need to "give back" because someone else gave them a chance and they feel obligated to do the same... most scam artists will talk a good game and protect themselves with CFTC rules.. and good luck seeing their tax returns/account history/verify their credentials, etc...

anyhow.. your money... or anyone else's willing to spend $37K on the doods system...

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  #27 (permalink)
 exiledgoblin 
Toronto, ON
 
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MetalTrade View Post
You can come trade with me on monday in the bigmike skype trading room.

I will show you 2 trades within 2 hours. (if they appear I will take them and shout them out, before the trade)

They will be 100% winners. And it won't cost you a dime.

I'd be delighted to take you up on that offer When and where?

Regards,
exiledgoblin

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  #28 (permalink)
 MetalTrade 
 
 
Posts: 1,081 since May 2010

tomorrow morning bm skype room starting from 9am CET ?

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  #29 (permalink)
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jeffmum View Post
I received an email today from Mike at Orderflowpro.com. The email came to me after my original post on futures.io (formerly BMT) earlier today. He now has committed to doing another Webinar on Monday. This time, he stated he will place trades live, using his system while I observe. I will report back and post here Monday after the webinar.

In my opinion, if his method/systems does what he has advertised, the $37,000 fee would be worth it to me. Obviously, if it is not what it's represented to be, then it's not worth anything to me.

How was the webinar then?

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  #30 (permalink)
 mkw111 
Nashville TN
 
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metaltrade will see you in rooom bmt CL romm wed 3/16/11 just pop im

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