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Overland Park, Kansas
Experience: Advanced
Platform: NinjaTrader
Broker: Ninja-Contiuum /Optimus / Kinteck
Trading: Currency Futures, oil, corn, soybeans, e-minis...
Posts: 41 since Apr 2010
Thanks Given: 38
Thanks Received: 43
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Another trading just opened up in May.... DayTradeExchange.com. Splashy website, enticing opening video, and promises of a magic indicator...(named "Archer")....that will tell you when to place your order.
BEWARE!!! The people running this room are old Trader International people 're-wrapped' in a new name.
Dale Kasdan and John Ford .....mentioned in this news release link to verify the names....
http://globenewswire.com/news-release/2015/05/26/738935/10135850/en/Syndication-Inc-Day-TradeXchange-OPEN-S-TO-PUBLIC-FIRST-LIVE-TRADING-ROOM-BROADCAST-MAY-26TH-2015-1st-Public-Debut-of-the-Proprietary-Futures-Trading-Software-and-Target-Indicator-.html
.... are the moderators/trainers.
Someone else seems to be putting up the money for the website and trading room....(no mention of Afshin)....but with the primary players (Kasdan & Ford) being old Trader's International alumni, there is every reason to believe that many of the same issues from TI will follow here. Scanning futures.io (formerly BMT) (and other) trading forums will most likely tell you all you need to know about TI, and by extension provide a bit of warning about what to expect from this 'new' trading room.
In the spirit of full disclosure, I was a member of TI. My experience with TI was not as terrible as many other people, but that was mostly due to one moderator who took time to actually do a bit of training. That moderator is NOT a part of DayTradeExchange.com. I have no particular axe to grind with TI or with this new room, but I have a bit of first hand experience with both Kasdan and Ford, and while they are nice enough guys, I would not recommend using a trading system created by either of them...especially not some "magic indicator" that promises to give you setups and entries.
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