Anyone heard of EOTPRO? (Page 4) - Vendors and Product Reviews | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews

Anyone heard of EOTPRO?
Started:December 17th, 2010 (05:27 PM) by h4cked Views / Replies:8,109 / 31
Last Reply:December 5th, 2012 (03:25 PM) Attachments:5

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Anyone heard of EOTPRO?

Old September 5th, 2012, 11:56 AM   #31 (permalink)
Elite Member
desert CA
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
Posts: 1,994 since Jul 2011
Thanks: 2,171 given, 1,498 received

jodistrict View Post
I was in EOTPRO for a year and lost over a thousand dollars by taking the exact same trades as the moderator. Now that I know a lot more about trading, I can see that the trades the moderator took were obviously bad trades in chop with no trend in sight. The neural network puts arrows in places that just make no sense, and a human with a few indicators can do better. Also when I was there they were changing their system every week even though it was suppose to be the best. I now am studying with Shadowtraders and I am very happy. Unlike EOTPRO - they teach you to trade, it works, and they care. When I listen to the Shadowtraders chatroom, I only get insightful information on the markets and not corny jokes delivered by the annoying smartalick voice of a wannabee comedian.

I just tried their "open house". I couldn't believe the tone of the annoying jackaft sounding host. Reminds me of a similar wisecracking econ teacher in a community college (community colleges can have all kinds of wackos as teachers) who was like that, making cracking jokes about all of us wasting our time going to school and even taking his class. Sheez, if one isn't going to be serious about their product and treats it all like a joke, why bother?

Anyways, they said it's now $233 /month for the room. And they have some new "MRI" automated trading "indicators". And the first moderator said their rooms were going to emphasize more "training" rather than live calls currently. Don't let that big black server front web page background photo fool you. If you look closely at some of those systems in those racks, they look like over 10 year old Dell powervaults.

Last edited by Cloudy; September 6th, 2012 at 11:28 AM.
Reply With Quote
The following user says Thank You to Cloudy for this post:

Old December 5th, 2012, 03:25 PM   #32 (permalink)
Trading for Fun
Dallas TX/USA
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
Posts: 154 since Jun 2009
Thanks: 33 given, 279 received

dandxg View Post
And I miss Richard from when I was a regular member 3 years ago.

I remember you, Dan! And I'm glad you enjoyed your time with us back then. Sorry for the late reply but I only visit forums about once every 1.5 years LOL.

I see a two-year-old post in this thread that says:

Tundi View Post
Back in the day, EOT was a decent place for a beginner to learn about futures and indicators without getting roped into alot of hype on buzzwords like NN. Perhaps that had an impact on Richard's decision to move on and do his own thing.

Much belated thanks, Tundi. Yeah, if you look at EOTPro today and compare that to the EOTPro of 2008, you can see that it has changed a lot. Their vision and mine for going forward really didn't match, so I bowed out. The focus seems to be much more on automated trading, and black-box algorithms now.

In a way I can understand that, because even stuff developed many years ago still works fine for discretionary trading. It's not bad tech that kills discretionary daytraders, but bad psychology. If the original tradestation-forum posts from EOTPro are still around, you can see it started out with little more than a MA and a cycle-optimized stochastic. That's more-or-less still how I trade today... just a couple well-chosen indicators and common sense. And I learned a lot of what I do today from Glen and Bill.

So, I get why making black-box products for automated traders is a good way to expand the business, but I'm just not into that. I would have much rather converted into a discretionary hedge fund and dropped the indicator clients altogether.

They still have some of the old magic: I'm in their open-house room today, and Glen is talking, and I still love it. He has so much good trading wisdom to share! He is talking about common-sense trading ideas like when it's good to look for pullbacks, and when it would be a mistake to wait. There's real value there to the discretionary trader. He's talking about cycles and using farming as a metaphor for trading, and I'm all smiles. That's why I wanted to be with them in the first place.

Reply With Quote
The following user says Thank You to Richard for this post:

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews > Anyone heard of EOTPRO?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Anybody heard of topsteptrader (review) supermht Vendors and Product Reviews 665 September 30th, 2016 12:01 PM
how is eotpro's ncep working sharky Vendors and Product Reviews 60 June 16th, 2016 08:10 AM
Has anyone ever heard of energetic Vendors and Product Reviews 14 October 21st, 2013 05:12 PM
Have you heard about XYZ? Lornz Vendors and Product Reviews 18 February 10th, 2013 09:58 AM
Has anyone ever heard of john6174 Vendors and Product Reviews 336 January 7th, 2013 05:55 PM

All times are GMT -4. The time now is 04:23 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-21 in 0.09 seconds with 24 queries on phoenix via your IP