I'm starting this thread since the other one is closed.
I realize most futures.io (formerly BMT) members are too sharp to fall for marketing gimmicks, but in the interest of those less sophisticated (and new to trading), I will point out warning signs that scream, STAY AWAY from this vendor.
First and foremost, the required regulatory disclosures regarding hypothetical trades are nowhere to be found on the website. This, in my opinion, isn't just a simple matter of oversight; instead, I believe it's intentional to convince the viewer the depicted trades are Live, in a cash, not demo, account.
The images of auto trade backtests on this link are illusory if not ludicrous. Why? They are created using historical data and RJays Ultimate Renko Spectrum bars which are grossly optimistic, yet totally false results. Ask yourself why anyone would sell a system that minted money as depicted in these images.
Lastly, in my opinion, the so-called "live" trades in the link below are simulated. I believe the DOM has been configured to look and feel like a real account DOM with perhaps even a real AMP account number partially blocked out. Yes, my friends, in NinjaTrader, you can change the color scheme of a SIM DOM to look Real (but not vice versa--Sim grey CANNOT be used on a live account) and even create a SIM account with your real broker account number. Why Ninja allows this is beyond me. I thought the whole point of having the SIM grey was to alert the trader they were in fact in Sim mode, and the ability to play make believe wouldn't be possible, but I was mistaken upon getting an answer from NT support. Here we have an unscrupulous vendor using this hole to deceive the public with impunity.
Thursday, August 18th, 11:00 am ET
Sam Russ, Best Pro Trade
Join Sam Russ, Founder of Best Pro Trade, as he reveals a new trading system for NinjaTrader 8 Beta! This signal based algorithm trading strategy combines elements of price action, momentum, and Fibonacci into one simple entry signal. Best Pro Trade's strategy is designed for both discretionary and fully automated trading on any market. Sam and his team have been testing this new system over the past few months in live markets, and are excited to make it available to the NinjaTrader Community!
Wow, glad to read about the exhaustive review and many negative comments! This guy is VERY convincing. I bought a $35/month indie that appears to show Fib lines, but I sat through 2 1/2 hours with him today supposedly "training" us on it and got nothing out of it. Two more days of "complimentary Trading room access" and then I'll decide if this is something I want or need.
Sam sounds like a very skilled and experienced trader. I was particularly impressed with his Scalper products but as the reviews say, all the YouTube videos seem to pick up in the middle of something and don't ever get to the root issue. But I was left with the impression that he had something genuine there and I would have to just work harder to get it. Now I get that maybe there's nothing to get....
There was one (possibly a plant) positive review by a guy who says he has used parts of the strategies very successfully for over two years, but all the other reviews panned the guy.
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