Has anyone ever heard of Felton Trading? (www.feltontrading.com) - futures io
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Has anyone ever heard of Felton Trading? (www.feltontrading.com)


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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

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  #111 (permalink)
Bala, PA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus, IB
Trading: SPY, Oil, Euro
 
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fluxsmith View Post
It might be no risk (he does have an investment in infrastructure and employees), but listening in on his room for a week, it's sure a lot of work. He makes himself very available to his students, it's not like he sells you an indicator and he's done with you. It's more work than I'd be willing to undertake.

Very difficult for a system vendor with an 8am-4pm trading room to also trade for a living, unless they have sufficient staff running the business and moderating the room, and most of these small vendors cannot afford large staff. They have to work 12 hour days to keep a small business like that going, with customer relations, sales, trade room moderating, after market classes, preparation, research, programing, webinars, etc. There is no time to trade. I did programming work for 2 years for one of these snake oil system/trade room vendors, I know what is required behind the scene when you only have 2 or 3 people supporting the business.

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  #112 (permalink)
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
 
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monpere View Post
Very difficult for a system vendor with an 8am-4pm trading room to also trade for a living, unless they have sufficient staff running the business and moderating the room, and most of these small vendors cannot afford large staff. They have to work 12 hour days to keep a small business like that going, with customer relations, sales, trade room moderating, after market classes, preparation, research, programing, webinars, etc. There is no time to trade. I did programming work for 2 years for one of these snake oil system/trade room vendors, I know what is required behind the scene when you only have 2 or 3 people supporting the business.

He has about 5-7 people I believe.

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  #113 (permalink)
GA
 
Experience: Intermediate
Platform: Ninjatrader / Zen-Fire, Tradestation
Broker: Amp and Mirus Futures / Zen-fire
Trading: 6E, EUR/USD, CL
 
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Posts: 10 since Sep 2009
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I took one of his free sessions with his room. The trading room is more like a commercial for his automated systems.
Then I had the privilege of a salesman calling me relentlessly until I convinced him that I was completely not interested.
This is for you if you want a black box.
Don't waist your time if your leaning toward discretionary trading.

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  #114 (permalink)
Victoria, TX
 
Experience: Master
Platform: NinjaTrader
Broker: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Trading: 6E, CL, GC
 
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Posts: 132 since Apr 2010


Mindless View Post
I took one of his free sessions with his room. The trading room is more like a commercial for his automated systems.
Then I had the privilege of a salesman calling me relentlessly until I convinced him that I was completely not interested.
This is for you if you want a black box.
Don't waist your time if your leaning toward discretionary trading.


You forgot to mention the part about the goons we sent to your house to harass you every night for six months...

Look, we know full well that we can't help everyone and we also know that what we offer isn't for everyone. But why can't we just stick with the truth when we talk about a product or service that doesn't appeal to us?

Here are the facts about Felton Trading: We do not offer an automated system and we do not offer a black box. We teach discretionary trading only and probably always will. We offer a "trader assist" software to help identify potential trades, but in no way is it a black box since we explain exactly what it is looking for all day long and anyone can identify the same entries manually.

Everyone associated with Felton Trading is commanded to NEVER harass or pressure anyone in any way. I absolutely despise companies that do what you describe. The job of the sales staff is to just answer questions, that's it. We have an excellent staff, in my opinion. I have never had anyone accuse any of them of relentless uninvited phone calls. If true, an email from you to me would have stopped that immediately and that guy would have been out of a job.

Mindless, if you would be so kind as to provide the name of your FT sales representative and the time period that this relentless contact was made, I will obtain a copy of that reps corporate phone log and we'll get to the truth here quickly. Although you were completely mistaken on your other points, if it appears that you were relentlessly harassed by one of my staff, I will take immediate steps to remedy the problem and issue you my sincerest humble apology.

Thanks,

Roger

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  #115 (permalink)
sarasota fl
 
 
Posts: 42 since Dec 2009
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Mindless View Post
I took one of his free sessions with his room. The trading room is more like a commercial for his automated systems.
Then I had the privilege of a salesman calling me relentlessly until I convinced him that I was completely not interested.
This is for you if you want a black box.
Don't waist your time if your leaning toward discretionary trading.

It clear that you have no clue as to why someone would offer to provide a free trial to a room. If you do not want someone to sell you something then do not go to these rooms. Da. From experince I know they only phoned you once, no hard sell, one thing iliked about them.

Felton happens to be better than most and the chances that you learn something to make money are every good.

In fact you would have to be mindless not to.

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  #116 (permalink)
Victoria, TX
 
Experience: Master
Platform: NinjaTrader
Broker: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Trading: 6E, CL, GC
 
rogerf's Avatar
 
Posts: 132 since Apr 2010

Here's a reminder that any futures.io (formerly BMT) Elite member is automatically granted full unlimited access to the Felton Trading Room. Be sure to send an email to Beverly@FeltonTrading.com letting here know you are a futures.io (formerly BMT) Elite member and she will make sure that no one ever tries to contact you from FT for any reason.

Relax, enjoy and be sure to ask all the questions you can think of.

Thanks!

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  #117 (permalink)
San Jose, Ca
 
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
 
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Posts: 1,516 since Nov 2009
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rogerf View Post
Here's a reminder that any futures.io (formerly BMT) Elite member is automatically granted full unlimited access to the Felton Trading Room. Be sure to send an email to Beverly@FeltonTrading.com letting here know you are a futures.io (formerly BMT) Elite member and she will make sure that no one ever tries to contact you from FT for any reason.

Relax, enjoy and be sure to ask all the questions you can think of.

Thanks!


Roger,

I think that it is great gesture.

David

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  #118 (permalink)
GA
 
Experience: Intermediate
Platform: Ninjatrader / Zen-Fire, Tradestation
Broker: Amp and Mirus Futures / Zen-fire
Trading: 6E, EUR/USD, CL
 
Mindless's Avatar
 
Posts: 10 since Sep 2009
Thanks: 2 given, 20 received

Roger,

I did not in any way intend to discredit your product. I was just giving my opinion of my experience of your room. I swear you spent the whole week in your trading room. Trying to market some black box, automated system, trader assist program or what ever you want to call it. I think named the sniper. It's been a year now so I could be wrong on the name.

And I was just giving my opinion of my experience. Which is the title of this post. I am not here to argue with you or your minions. Or get your sales man fired.

I wish you the best.

This is my last post in this Thread. I'm not the type to argue. So you and your minions can have a hay day in defending your precious ego.

But I am here to learn, share and give my opinion when asked.

Thanks
Mindless

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  #119 (permalink)
Aurora, canada
 
Experience: Beginner
Platform: Ninja
Trading: Futures
 
Posts: 19 since Feb 2011
Thanks: 5 given, 14 received

i have tried Rogers room 3 years ago.....he is a good man....just couldn't apply the strategy to my daily live trading...

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  #120 (permalink)
Philadelphia, Pa
 
Experience: Advanced
Platform: Sierra Charts
Broker: Amp/CQG
Trading: CL, ES
 
longboat's Avatar
 
Posts: 144 since Jun 2009
Thanks: 901 given, 208 received


I took Roger up on his very gracious offer to us futures.io (formerly BMT) Elite members and spent some time in his trade room. Roger is a great trader and has built a remarkable system with indicators. I would reccommend to any futures.io (formerly BMT) that they try it out. You have nothing to lose. Nobody has tried to sell me anything or anything like that. Roger is a wonderful gentleman and really seems to care about his students. He routinely makes over 1k in the room, today it was over 2k trading 2 lots. He traded mostly CL and 6E but also takes trades on 6A,6B,6J,GC, NQ and others. He had one losing day in the last week but I think he would have passed on trades but just took some because the room wants to watch him. It is in SIM, which always puts up a red flag for me, but most of his trades are discussed before hand and you usually have time to enter as they are called in advance. He does show his dome on trades and even as he manages the trade. My only question is that he uses stop limit orders to get in trades instead of stops so he would probably would get no fills more in a live account. No big deal as he likes to get in on small pullbacks. I have been trading a long time and I learned a few trades that I will definitely use in the future. I am going to spend more time with Roger and see how it progresses. I am not a student (yet) and have no affiliation with Felton Trading FYI. It is nice to see vendors who care about their students and let us kick the tires for free. I'll post more again soon. Thanks for the wonderful opportunity you are giving us Elite members Roger.!

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