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Are there any reliable Vendors????


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Are there any reliable Vendors????

  #11 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,647 since Jul 2012
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Your best bet is to get every book you can on trading from your local library (for free). Read everything for free that you can on the Internet. Just read and observe - don't jump to conclusions or close your mind to anything. Just soak up everything you can.

Do this for about 6 months. During this time, avoid any sales pitches, or anyone offering an easy way out. Avoid all trading rooms. The secret: THERE IS NO EASY WAY OUT. NO ONE IS GOING TO INEXPENSIVELY SELL YOU SOME MIRACLE MONEY MAKING APPROACH TO THE MARKETS. THE REAL WAY TO MAKE MONEY IS TO DEVELOP YOUR OWN UNIQUE APPROACH. BUT IT TAKES AWHILE BEFORE YOU CAN DO THIS.

Make no judgment at first about what you read - believe that anyone and everyone providing free info is honestly trying to help you. After a while, it will become clear to you:

1. What is "good" knowledge and what is "bad" knowledge - vendors with an agenda will become ovious

2. What type of trading you may like, or not like

3. Steps to take next will become obvious


At this point, you'll be in pretty good shape for your next step, which is creating your own approach. Now is an appropriate time (if and only if needed) to get/pay for the advice/systems/methods of others, if you find something you like. You'll be smart enough to avoid most sleazy vendors, and you'll hopefully be realistic about how tough trading is.

My golden rule with vendors, trading systems, promises from pros in the business, etc. - IF IT SEEMS TOO GOOD TO BE TRUE, IT PROBABLY IS!


Good Luck!

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  #12 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,647 since Jul 2012
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blastoise View Post
A reliable vendor selling a "profitable trading system" is an oxymoron.

I disagree, to a point. There are systems you can buy, advisors you can follow, and professionals you can invest with that can make you money with trading systems.

I agree though, the majority of stuff out there is worthless junk.

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  #13 (permalink)
 
BeachTrader's Avatar
 BeachTrader 
Phoenix AZ
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
Trading: CL, ES, NQ
Posts: 310 since Nov 2011
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I would add TastyTrade to the list of reliable vendors. Their content is top notch and totally FREE. It is primarily options education but I leave it on all morning when I trade and pick up nuggets here and there.

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  #14 (permalink)
 
lrfsdad's Avatar
 lrfsdad 
milwaukee,wi, usa
 
Experience: Intermediate
Platform: Mobile TWS & mobile TOS. Dough.com
Broker: IB, TOS, FXCM
Trading: futures and options. looking into forex
Posts: 186 since Nov 2012
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BeachTrader View Post
I would add TastyTrade to the list of reliable vendors. Their content is top notch and totally FREE. It is primarily options education but I leave it on all morning when I trade and pick up nuggets here and there.

I agree and all of it's guests are traders, not advisors....huge difference.


As far as vendors, my belief is that if they are teaching/selling a methodology vs. selling a magical indicator they are in it for good reason. Bonus points if they discuss psychology and risk management in the material.

Every "registered" profession requires continuing education. As traders, we should not have a problem learning something new. I've been a plumber for over 16 yrs, and am still required by the state to take classes to keep my credential current.

Nothing wrong with buying a book on market profile, or paying a few bucks to learn about xyz method or to see a webinar by a well know successful trader.

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  #15 (permalink)
 
Samm's Avatar
 Samm 
Hamilton, Ontario
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, TF
Posts: 57 since Nov 2009
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I would add Sticke threads on Vendors and Product Reviews section are very good during learning. At least it's true for me

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  #16 (permalink)
 solotrader 
Cyprus
 
Posts: 68 since Jul 2013

There are good vendors out there that sell good tools. The problem is most traders want the food on the plate, they just want to make money and are not willing to work hard towards that end.

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  #17 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
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It's kind of funny, No full time trader I've ever encountered has ever used a vended system long term. In fact, most traders I know don't even use indicators at all and the ones that do will only have 1 or 2.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
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  #18 (permalink)
 
forgiven's Avatar
 forgiven 
Fletcher NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
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tdrogers View Post
I'm new to this forum and new to trading. I have made one introduction post and don't feel I have anything of value to offer except for three months of experience trading the ES from a SIM account on NinjaTrader. I haven't lost much money, but haven't gained much either, but having a great time doing it. Emotions are a double-edged-sword. Love the rollercoaster of emotions on one hand and trying to learn to control those emotions on the other. Plan to become an elite member next month and want to start my journal. The cost of entry is so low compared to the wealth of information available. It's all about "Value".

Although I am on the 2 year SIM trading and education plan, I review vendors from time to time. I actually tried to make this post on the "Vendors" forum, but due to not having any posts, could not start a new thread or make a reply. I get it. Rules. However, I still would like to know if there is any consensus here on futures.io (formerly BMT) if there are any reliable, believable, credible vendors??? For every single vendor that markets a product of any kind concerning trading material I can find a bad review, spam comment, or a plethora of negative comments. Are there ANY????

Thanks for your help!

short answer .... no .... but use this forum you can learn a lot and weed out the really bad vendors.... i never meet a education vendor that could really trade and was green week in week out. if you find one ... e-mail me s.a.p.

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  #19 (permalink)
 supermht 
Naperville IL
 
Experience: Intermediate
Platform: ninjatrader
Broker: NT broker
Trading: NQ ES 6E GC CL
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no reliable vendor

Market is uncertain

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