NexusFi: Find Your Edge


Home Menu

 





What programs have you bought? Confess


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Cloudy with 12 posts (25 thanks)
    2. looks_two bobwest with 10 posts (45 thanks)
    3. looks_3 Big Mike with 6 posts (3 thanks)
    4. looks_4 cory with 5 posts (1 thanks)
      Best Posters
    1. looks_one Fat Tails with 26 thanks per post
    2. looks_two longboat with 16 thanks per post
    3. looks_3 bobwest with 4.5 thanks per post
    4. looks_4 Cloudy with 2.1 thanks per post
    1. trending_up 212,794 views
    2. thumb_up 534 thanks given
    3. group 134 followers
    1. forum 182 posts
    2. attach_file 6 attachments




 
Search this Thread

What programs have you bought? Confess

  #71 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
Posts: 178 since Nov 2009
Thanks Given: 164
Thanks Received: 77


Big Mike View Post
And how do you rank the futures.io (formerly BMT) purchase?

Sent from my Transformer Prime TF201 using Tapatalk 2

I rank that one really low, J/K Mike I love this site. In a cesspool your site is the gemstone.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Futures True Range Report
The Elite Circle
Are there any eval firms that allow you to sink to your …
Traders Hideout
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #72 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

Elite membership at futures.io (formerly BMT)

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #73 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,507 since Aug 2011
Thanks Given: 2,046
Thanks Received: 9,491


bot an elite at futures.io (formerly BMT), but one time I bot a bag of snickers and ate the whole bag!

Other than that I spent a bunch of money once on an indicator package by a guy whom we can not mention on futures.io (formerly BMT) because he is a giant female reproductive organ. Now in the 21st century most things can be coded homestyle.

The author...NOT Mike!

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #74 (permalink)
 
dbarno's Avatar
 dbarno 
Madison, Wi
 
Experience: Intermediate
Platform: Ninja Trader, Trade Navigator
Trading: CL,GC, HG
Posts: 79 since Jul 2012
Thanks Given: 155
Thanks Received: 82

Trading Advantage- didn't work for me
Shadow Traders- great, plugged up most holes in my system (biggest hole is between ears)

Trade Navigator- great, use it as a back up
Ninja- great primary
Trade Maven- unreliable crap

Judy Crawford from Zaner. Her newsletter (free) Used to position trade.

futures.io (formerly BMT)- best $50 spent yet

Smorgasbord of trading and psychology of trading books.

Reply With Quote
Thanked by:
  #75 (permalink)
bjulian
Greenville SC United States
 
Posts: 11 since Jul 2012
Thanks Given: 0
Thanks Received: 8

TradingMarkets Swing Trading College
E Mini Daytrading Software

Reply With Quote
  #76 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
Thanks Given: 784
Thanks Received: 2,685

I think the only software that I bought this year is...

Diablo 3

Sold it after 1 week of playing for $10.

Reply With Quote
  #77 (permalink)
 
johanps68's Avatar
 johanps68 
Malmo, Sweden
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP Futures/CQG
Trading: ES
Posts: 23 since Aug 2012
Thanks Given: 57
Thanks Received: 51

Time for a painful and embarrasing confession:
  • Vantagepoint
    Software for inter-market analysis and prediction on a daily basis. Didn't rhyme with my trading style at all.
  • VirginTrader from Elliottician
    (Trial subscription) Perfect waste of time - gave too many bad signals that had to be filtered visually.
  • Seven Summits Trader from NetPicks
    Indicator package for NinjaTrader - can make money when markets are volatile. (And lose during chop)
  • DecisionBar subscription
    Indicator package for NinjaTrader - not expensive, perhaps useful, but didn't do it for me...
  • Dick Diamond 4-day live seminar
    Interesting peek at how a veteran approaches the markets. Didn't really teach how to trade for real though.
  • Trading Advantage / Secrets of Traders online course
    Finally something that opened my eyes regarding how to view price development, and most importantly, what NOT to do.

Not to mention a few dozen books, and a long-standing subscription to Elliot Wave International's Financial Forecast service.

Note though that I have given up on Elliot as a means to making money in the markets - trying to predict where price is going gives you expectations, and they only serve to block your mental ability to see what the market *is* doing (especially when you are in a trade).

Reply With Quote
  #78 (permalink)
 
arnie's Avatar
 arnie 
Europe
 
Experience: Advanced
Platform: Jigsaw
Broker: Tradovate
Trading: Equities
Posts: 826 since May 2010
Thanks Given: 763
Thanks Received: 1,048

Scary thread this one

I started with Metastock and with a free EOD data from Yahoo and other places.
Then I got tired of free EOD data and subscribed eSignal.
I then bought QCollector, a perfect match for eSignal.

Books were flying by now. I'm another one that Amazon loved. I have a couple of boxes at the attic full of books that I have no idea why I spend money on.

Then I decided to daytrade. Upgraded my eSignal subscription to realtime and I was on...

A couple of years later, and a couple of $$$$$ less in the account a friend of mine introduced me to Multicharts.
It was love at first sigh. Best money spent!
With that came the need of indicators, custom made ones. Lost the $$$$ I've spent so far. Of all the weirdest ideas I had, I only use 4 now which I really could not trade without.

futures.io (formerly BMT) came next, IQFeed right after.
Used Sierra, still use IRT (till the end of the year).

I forgot, spent near $1000 on a WD Gann DVD course and a book. Have mix feelings regarding this

If I become half a percent smarter each year, I'll be a genius by the time I die
Reply With Quote
Thanked by:
  #79 (permalink)
 PaperTrader 
changi, singapore
 
Experience: None
Platform: Free
Posts: 105 since Aug 2011
Thanks Given: 126
Thanks Received: 21

Cyrox indicator for $xxxx and they stop the licence

Balance trader

Many other fake successful traders

Sent from my HTC One V using Tapatalk 2

Reply With Quote
  #80 (permalink)
adaseb
Canada
 
Posts: 58 since Aug 2010
Thanks Given: 2
Thanks Received: 36


I started trading stocks originally back in April of this year when stocks were cheap and I figured "how hard can it be to be rich in stocks".

That dream was short lived when I lost a few dollars here and there. Then I decided to get some material to help me trade.

So I decided to go watch "Trading the Nasdaq ETFs" by Darllene Nellson.

When I first watched her DVDs I was so excited that I was going to be a millionaire because "she said so". She said trading the Q's is easy and what you learn here you can use for any stock.

Now back then I didn't know squat about trading. I had no idea what options were, no idea what shorting was, no idea what head and shoulders, double tops, double bottoms were. So everything that came out of her month amused me.

Now fast forward a few months and replaying her DVDs I came to a very important decision. She is so damn full of shit its not even funny.

Here is a clip off Youtube.



Basically if you look around the room that the material was filmed in you see nothing but pensioners. People who worked their asses off scrubbing toilets for a living to put a buck or two in their savings account. Then she publishes this course for around $5K plus extra for additional software which will guarantee them financial freedom.

You can tell her students absolutely don't know shit about trading simply due to the fact that they believe her ridiculous facts.

- Trading the QQQQs is all about the double/triple tops and bottoms. That's all you need to succeed in trading the Q's.

-You don't even need a computer to trade. Simply call your broker and ask "What price did the QQQQs close yesterday, what price did it open, is the price going up? is it going down? If the price was going up and then reversed and is going down, tell your broker that you want to short.
(I am not kidding on this one)

-All you need is the QQQQs to go up by 10 cents. With only $5K you can buy 100 in-the-money option contracts and get $500 once it hits 10 cents. (she forgets to mention that to buy/sell options you need to pay a shitload in commissions)

-"Know I know what some of you are thinking, your thinking yeah I can make $500 a day but what if I am wrong".
Her reply "Then just don't be wrong."

-If you buy some QQQQs contracts and price goes against you. Wait until it stops going down and then double your position and this way you will make $1000 instead of $500
(She forgets to mention what if price never goes towards you again)

She says the secret to finding tops and bottoms in the QQQQs are pivot points. She says the pivot formula is a secret formula and "she shouldn't even be telling us this because she can go to jail due to its accuracy". She then says you should go to my son's website and pay $5 or $10 (I forgot the amount) to get your own Pivot Point calculator. Can you believe that? She already stole $5K from these pensioners and now she wants to steal another $5 from something you can find for free on Google.



So at this point I was confused. So I decided to Google her and found out quickly that her whole course is a big scam. She even goes thru the trouble of hassling people not to re-sell her DVDs on eBay. Think about this for a minute. If she actually was making millions trading option contracts on the QQQQs why the hell would she waste her time surfing eBay everyday to prevent people from reselling her DVDs. ?

There are numerous pensioners who lost their entire savings accounts because of her.


My point for this thread is that I have come to the absolute conclusion that all these courses are NOT going to teach you enough to trade successfully. They only want your money.

It should of occurred through by dumb brain that "Why the hell would these turkeys be releasing their secrets of trading and go through the hassle of writing the course material, publishing, advertising if they can make much more money trading on their own?"

The answer is simply because they don't know how to trade. They are fakes. If they were real professional millionaire day traders they would keep their tactics tighter than an Asian vagina because if their tactic got spread it might not work anymore and keep them out of business.

Reply With Quote




Last Updated on March 25, 2019


© 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