NexusFi: Find Your Edge


Home Menu

 





livetrades.com


Discussion in Trading Reviews and Vendors

Updated
    1. trending_up 1,887 views
    2. thumb_up 1 thanks given
    3. group 4 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

livetrades.com

  #1 (permalink)
GuyMM
miami florida
 
Posts: 48 since Aug 2015
Thanks Given: 37
Thanks Received: 54

Does anyone have experience with livetrades.com?

The business model is interesting--a reverse of the ones who you pay to earn the right to trade their money. This outfit allows profit sharing with other traders with established track records. A bit like C2 but different in many ways.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Better Renko Gaps
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
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
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #2 (permalink)
 johnnymustard 
Las Vegas, NV
 
Experience: Intermediate
Platform: NT 8
Broker: NT Brokerage, IQFeed
Trading: ES, 6E & CL
Posts: 71 since Aug 2013
Thanks Given: 9
Thanks Received: 40


GuyMM View Post
Does anyone have experience with livetrades.com?

The business model is interesting--a reverse of the ones who you pay to earn the right to trade their money. This outfit allows profit sharing with other traders with established track records. A bit like C2 but different in many ways.

To be clear, I don't know anything about these guys and have never even heard
of them. It does sound to me to be too good to be true though. If i were you,
I'd invest ONLY an amount you're willing to lose to test the waters as it were.

If they are as legit as they claim since opening in 1999, then I have to
wonder why mutual funds still exist? Even their worst performers run
circles around the vast majority of mutual funds.

I wish you the best but I'd go in being VERY skeptical and
ONLY risking disposable income. Good luck to you, JM

Reply With Quote
  #3 (permalink)
 johnnymustard 
Las Vegas, NV
 
Experience: Intermediate
Platform: NT 8
Broker: NT Brokerage, IQFeed
Trading: ES, 6E & CL
Posts: 71 since Aug 2013
Thanks Given: 9
Thanks Received: 40



GuyMM View Post
Does anyone have experience with livetrades.com?

The business model is interesting--a reverse of the ones who you pay to earn the right to trade their money. This outfit allows profit sharing with other traders with established track records. A bit like C2 but different in many ways.

Put anorher way, why aren't all or even most
mutual funds invested in that space?

Why wouldn't I put my mutual fund with them
and go take a nap on my yacht in the Bahamas?

Why aren't hedge funds conducted in this manner?
Why is this 20%+ a month strategy available
almost exclusively to the small time retail trader?

I understand mutual funds and hedge funds are
more long term but they are first and foremost
about making a profit and most of them don't
return 20% monthly.

I'm very strongly saying "Buyer Bewate"

Reply With Quote
  #4 (permalink)
 johnnymustard 
Las Vegas, NV
 
Experience: Intermediate
Platform: NT 8
Broker: NT Brokerage, IQFeed
Trading: ES, 6E & CL
Posts: 71 since Aug 2013
Thanks Given: 9
Thanks Received: 40


GuyMM View Post
Does anyone have experience with livetrades.com?

The business model is interesting--a reverse of the ones who you pay to earn the right to trade their money. This outfit allows profit sharing with other traders with established track records. A bit like C2 but different in many ways.

They don't offer accounts In the USA either.
You live in Miami so I presume this will be problematic
for you.
You'd need duel citizenship or renounce your US
citizenship and become a resident in a country they
will work with.

Reply With Quote
  #5 (permalink)
lightsun47
Toronto, Canada
 
Posts: 357 since May 2018
Thanks Given: 492
Thanks Received: 296


johnnymustard View Post
Put anorher way, why aren't all or even most

mutual funds invested in that space?



Why wouldn't I put my mutual fund with them

and go take a nap on my yacht in the Bahamas?



Why aren't hedge funds conducted in this manner?

Why is this 20%+ a month strategy available

almost exclusively to the small time retail trader?



I understand mutual funds and hedge funds are

more long term but they are first and foremost

about making a profit and most of them don't

return 20% monthly.



I'm very strongly saying "Buyer Bewate"

+1 for this.

Why not everyone is just investing like 1,000 to 5,000 EUR with them and sleep peacefully because they know it is going to be compounded no matter what?!

To be good to be true.

Stay away!!!

Sent using the NexusFi mobile app

Reply With Quote




Last Updated on September 11, 2021


© 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