NexusFi: Find Your Edge


Home Menu

 





Mirror Trading (www.tradency.com)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one dtman with 2 posts (1 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 jagui with 1 posts (0 thanks)
    4. looks_4 bluemele with 1 posts (2 thanks)
    1. trending_up 6,253 views
    2. thumb_up 3 thanks given
    3. group 4 followers
    1. forum 5 posts
    2. attach_file 0 attachments




 
Search this Thread

Mirror Trading (www.tradency.com)

  #1 (permalink)
 ZZZTrader 
California
 
Experience: Intermediate
Platform: tradestation and Ninja Trader
Trading: ES and RTY
Posts: 23 since Mar 2011
Thanks Given: 35
Thanks Received: 7

Has anybody heard of Tradency ? or Mike Maffei ?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #3 (permalink)
 dtman 
Los Angeles
 
Experience: Advanced
Platform: Ninjatrader, Tradestation
Trading: Futures
Posts: 45 since Sep 2011
Thanks Given: 6
Thanks Received: 19


No I don't. what do you know about them? It looks like a Spot platform. I personally don't like Spot.

Reply With Quote
  #4 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842


ZZZTrader View Post
Has anybody heard of Tradency ? or Mike Maffei ?

Yes. Never used them because it is very similar to Collective2 and zulutrade etc.. I do not see how those systems will ever work in my opinion. The one that looks the most interesting is currensee.com to me, but still waiting to see how it goes for a couple more years... Social investing is the wave of the future!

I spoke w/ several dudes that sold systems on tradency. Let's just say they would never put their own $ at risk on those systems.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #5 (permalink)
 dtman 
Los Angeles
 
Experience: Advanced
Platform: Ninjatrader, Tradestation
Trading: Futures
Posts: 45 since Sep 2011
Thanks Given: 6
Thanks Received: 19

I would think that if you designed a system you would be proud of it? But if it doesn't work, well maybe that's how they are paying themselves for the time they invested in programming it. I like the idea of an automated system. But I've been around enough to really question them.

Reply With Quote
Thanked by:
  #6 (permalink)
 
jagui's Avatar
 jagui 
Italy - Roma
 
Experience: Intermediate
Platform: Ninja + proprietary
Broker: IB
Trading: Index futures, Forex, Stocks
Posts: 205 since Jul 2010
Thanks Given: 298
Thanks Received: 313

For what I've seen, I don't like Tradency because systems are evaluated in pips terms. That means a winning system is a system that makes pips, while in reality a winning system is a system that makes money. That completely ignores position sizing, which is a very important component of a system.

Reply With Quote




Last Updated on September 16, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts