I was so incensed by the one of the vids they have on their YT channel I sent a email about it to them.. There was a "partner" on this vid going on and on about their scalp-o-matic or whatever the heck it was called claiming that it had 90% accuracy. I was like WTFFFF???? Not even HFT algo has 90% accuracy.
I emailed NT and this is the response I received back.
"Thank you for your email and suggestion regarding our partner. During our Partnership process, we do check the background of every partner as well as their standing with the Better Business Bureau. Unfortunately we cannot verify all sales claims of all of our partners, however since you brought up this issue, I will contact this partner to inquire about their claim. Although I cannot guarantee they will take down the video, I will be happy to express your concern.
Thank you again for your feedback and please let me know if I can be of any further assistance."
I posted this because if NT is partnering with these kinds of unscrupulous "partners" and are not verifying what the "partner" is selling and/or trying to sell to me that's a red flag.
At least the guy on the very latest vid has a "past performance does not indicate future results" bla bla bla disclaimer right at the beginning of the vid and it's there for like 90 seconds or more. Plus the usual market disclaimer.
To any newbie's reading this post I highly encourage you to do your education and to get a mentor here at futures.io (formerly BMT) or IT and learn to trade properly vs looking for a program or holy grail 90% indi to use as a crutch or excuse to lose your money.
Trade smart OR JUST DON'T TRADE...
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Hey PB, you're right to warn the uninitiated new to trading and NT. While it's fun to attend some of these webinars and there may be some entertainment, attendees should realize they're all sales pitches and ads. They usually have a "partner webinar" series every week where a couple of vendor partners do their ad webinars. I mean, I like NT, it's a nice product and it works well with a good feed like zenfire where I suppose it's part of the business as they have ad partners along with it. But I see what you mean , they have partner webinars up the kazoo where anybody can be a "partner". I suppose any vendor with a nice looking product that runs on NT can team with NT and put up a special guest vendor partner webinar and NT says they have over 350 partners. For example, I first learned about ezcolortrading.com by attending the NT sponsored ad webinar. Then later found out about the origins here on futures.io (formerly BMT).
Last edited by Cloudy; March 8th, 2012 at 05:57 AM.