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Anyone heard of BigMike trading forum?


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Anyone heard of BigMike trading forum?

  #1 (permalink)
 
HumbleTrader's Avatar
 HumbleTrader 
Vancouver Canada
Legendary , Always learning
 
Experience: Intermediate
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I am interested in knowing user experiences of the forum called BigMike Trading. I believe the owner of this site lives in some exotic island and teasing everyone of the potential of trading and similar lifestyle. He apparently changed the site name recently. I wonder why?

My experience of the site was fairly negative. Firstly, the site was highly addictive. I kept checking all the posts every 5 mins. It had lots of intelligent people who make you feel like trading needs hard work, discipline and commitment. They won't give you the secret code or timing to buy and sell. They are very harsh on almost all vendors out there. (I have used many of those vendors systems and it seems unfair. All the charts and indicators in the websites look really pretty. Though I lost money on all of them, I am pretty sure that it was because of market manipulation or my astrological sign and not due to vendor's fault).

The members also seem to talk about other useless stuff like psychology, discipline, execution and unnecessary funny stuff like recent movies, songs and cute pictures of beaches, cats and dogs. Trading is all about indicators, trend lines and money, right?

Anyone else with other experiences?

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  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,460 since Jun 2009
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Never heard of it. Based on your post, it sounds terrible.

Hey, do you know of a method that can give me just $50 a day on Crude? Just something simple. I just opened an account with $1000 at a broker who gives me $400 margins, so I figure I can be trading 20 contacts soon when I find a good profitable trading room. I'll post my spreadsheet later that shows all the gains.

Also, which indicator do you recommend to filter out bad signals from my other indicators?

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  #3 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
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I heard that all of the users on the site are shills... And that he pays the Market Wizards on the site to defend him.

**By the way mike my payment for October is late.

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  #4 (permalink)
 
treydog999's Avatar
 treydog999 
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
Posts: 897 since Jul 2012
Thanks Given: 291
Thanks Received: 1,039

I spent time in that horror show. All this talk of discipline and hard work.

You know I think there is an EA or automatic strategy that can fix your problem. its called AwesomeMegaTrendSuperBucksATM . It has a 98% win rate. How can you lose? I just put in my life savings of $5000 and am going to use it to trade 10 ES, 10 6E, 10 CL, and 10 GC. I don't have to worry about drawdown or leverage because with a 98% winrate I will never lose. I am so excited by the end of the month I can buy the Ferrari I always wanted.

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  #5 (permalink)
 
Inletcap's Avatar
 Inletcap 
Murrells Inlet SC
 
Experience: Advanced
Platform: Tradestation
Trading: ES, CL, ETFs
Posts: 9,159 since Dec 2012
Thanks Given: 9,765
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Big Mike View Post
Never heard of it. Based on your post, it sounds terrible.

Hey, do you know of a method that can give me just $50 a day on Crude? Just something simple. I just opened an account with $1000 at a broker who gives me $400 margins, so I figure I can be trading 20 contacts soon when I find a good profitable trading room. I'll post my spreadsheet later that shows all the gains.

Also, which indicator do you recommend to filter out bad signals from my other indicators?

Sent from my phone

4 tick mean Renko chart with the latest scalper strategy and of course 3 moving averages. Works great if Goldman doesn't run your stops

Problem with that Futures.io is that it's so damn inexpensive and they give everything away for free. That Big Mike guy never spams your email account With useless shit either. Kind of makes me a little weary.

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  #6 (permalink)
 
srgtroy's Avatar
 srgtroy 
Los Angeles, California Republic
Legendary  R.I.P. 1965-2023 
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
Posts: 1,928 since Jan 2011
Thanks Given: 1,375
Thanks Received: 3,722

I believe it is a scam run out of some third world country. They suck you in by letting you sign up for free, and then if you pay the ridiculously expensive membership fee, all you get is access to a great community of traders, exposure to every trading idea under the sun, and free downloads of thousands of indicators and tools. And they don't even guarantee you profitability. What a joke.

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  #7 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 647 since Apr 2015
Thanks Given: 2,348
Thanks Received: 1,057

It's even worse than that, I'm afraid: they also routinely remove all the desperate spam, promotional nonsense and irrelevant crap that you get anywhere else, and they seem actually to imagine - for reasons best known to themselves - that being helpful and keeping the forum well indexed and arranged isn't going to irritate anyone.

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  #8 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
Elite_Member
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
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treydog999 View Post

You know I think there is an EA or automatic strategy that can fix your problem. its called AwesomeMegaTrendSuperBucksATM .

I'd pay double if it was called ULTIMATEMegaTrendSuperBucksATM. Ultimate has to be better right?
I've had 'Awesome' indicators before and they didn't work so I just need something newer and better.

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  #9 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,176
Thanks Received: 6,020

I heard rumors BMT had turned into a burger shop and a guy named Terry was the main cook or moderator:
Big Mike's Burger Shoppe

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  #10 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,612 since Aug 2009
Thanks Given: 11,341
Thanks Received: 2,746



trendisyourfriend View Post
I heard rumors BMT had turned into a burger shop and a guy named Terry was the main cook or moderator:
Big Mike's Burger Shoppe

I think he has a chain of eating establishments.
But with a name like Big Mike I guess that is obvious.

Big Mike's Steakhouse

Big Mike's Sportsbar

Big Mike's BBQ

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