I found this vendor, and they seem to have very good results on the emini... but unfortunately they charge upfront around $4000 for their system, and they don't seem to have a trial period... so it looks a bit suspicious...
Does anyone have some feedback on them?
Last edited by daydaxer; June 15th, 2012 at 03:25 AM.
I used a free demo several months ago. The performance was truly awful for the reversal system. The other systems were not available at that time. Curiously the vendo thought he was doing well. I don't recall the actual performance stats.
For any system such as this I would insist on testing before buying.
I called him for fun on a Friday (I am always BORED on a Friday right after trading). I took some of my Green Dragon THC Tincture and then 'interviewed' him.
I am a 27+ year full-time swing and daytrader. I know how to 'vet' any vendor on the phone and KNOW with 90% certainty if
a) he/she is full of sh*t
b) knows 'things'
c) shows promise
Don't go there. Highly hypothetical and limit 'entries' (or market w/slippage) and 'assumed' exit fills on 100% of targets.
Although vendor was a nice guy and freely admitted this is a product (all of his products) for newbies.
Finally, he said about 50% of hypothetical performance was 'do-able'--however, when pressed he admitted that was a 'guesstimate' and that he would (if/when trading real money) would trade to a profit GOAL each day and then STOP.
That my friends, is a method that has large amount of win & loss (consecutive) cycles that can be very streaky.
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I don't know anything of the quality of the bot, but one of my VPS customers wanted to use them on a VPS, and it seems they still using the Machine ID to generate their license key, and were not aware of NT7 3rd Party licensing functions (which is "only" 2 years old), and aware of the well know fact that multiple machines can have the same Machine ID...
So, at least on simple Ninja technical aspects, it's seems they are not good.
And I'm not writing this because they didn't found usefull or answer to my civilized email, explaining them the 3rd party licensing stuff .
Usually in trading, those who know don't talk, and those who talk don't know. (Al Brooks)
success requires no deodorant! (Sun Tzu)
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Well, certainly anybody can get a nice CMS template and build a site in five minutes, so that doesn't give me a lot of confidence... but I though the disclaimer was a standard one. and the videos the posted looked promising.
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