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    3. looks_3 researcher247 with 1 posts (1 thanks)
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www.theticktradingroom.com

  #1 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33

Does anyone have any experience with www.theticktradingroom.com

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  #3 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773


Hola,

They are using a 1:2 reward to risk ratio.

Are you prepared to take up to 18 trades in a day with about 2 hours for lunch if you want to trade the entire day?

Can you accept the commissions and slippage and 'no fill's if you decide to trade only the 1st hour (the basic marketing pitch)?

Do the trial and make sure to CANCEL before being charged.

They are new; my guesstimate is they are marginally profitable and this is a ROOM (will you learn how to do this yourself)?

peace

Hedvig/[email protected]

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The following user says Thank You to researcher247 for this post:
  #4 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33

Researcher makes some good points.

To make it easy if you use $5.00/rt and have no slippage for there trades, some of their plus $100.00 days become break even +/-.
That is something that should be factored in. This comes from looking at their performance record.
It looks like they average between 10 an 20 trades a day with 2 contracts/trade.
So if you took all there trades commissions would be
10 trades X 2 contracts X $5.00 = $100.00
20 trades X 2 contracts X $5.00 = $200.00

So your broker will definity will be happy :-)







researcher247 View Post
Hola,

They are using a 1:2 reward to risk ratio.

Are you prepared to take up to 18 trades in a day with about 2 hours for lunch if you want to trade the entire day?

Can you accept the commissions and slippage and 'no fill's if you decide to trade only the 1st hour (the basic marketing pitch)?

Do the trial and make sure to CANCEL before being charged.

They are new; my guesstimate is they are marginally profitable and this is a ROOM (will you learn how to do this yourself)?

peace

Hedvig/[email protected]


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  #5 (permalink)
 
futurestrader1's Avatar
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
Posts: 149 since Jun 2010
Thanks Given: 81
Thanks Received: 42

The results look good! But i wonder if you can really match their EXACT trades!

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  #6 (permalink)
Jason11
Los Angeles, CA
 
Posts: 23 since Jan 2010
Thanks Given: 1
Thanks Received: 11

Look at the website now. Seems they were so profitable they don't need a website anymore.

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  #7 (permalink)
 
Lornz's Avatar
 Lornz 
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
Posts: 1,193 since Apr 2010


Jason11 View Post
Look at the website now. Seems they were so profitable they don't need a website anymore.

I knew it wouldn't last; The Tick is a busy fellow!

Alternatively, maybe one of his followers got a little too ticked off by the lack of success.


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