NexusFi: Find Your Edge


Home Menu

 





about Shadow Traders run by Barbara Cohan? (www.shadowtraders.com)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one trader2 with 21 posts (14 thanks)
    2. looks_two bluemele with 4 posts (5 thanks)
    3. looks_3 Big Mike with 4 posts (3 thanks)
    4. looks_4 cory with 3 posts (3 thanks)
      Best Posters
    1. looks_one perryg with 10 thanks per post
    2. looks_two gringa with 2.7 thanks per post
    3. looks_3 tigertrader with 2.3 thanks per post
    4. looks_4 trader2 with 0.7 thanks per post
    1. trending_up 39,134 views
    2. thumb_up 68 thanks given
    3. group 26 followers
    1. forum 65 posts
    2. attach_file 8 attachments




 
Search this Thread

about Shadow Traders run by Barbara Cohan? (www.shadowtraders.com)

  #51 (permalink)
 
wannabe1's Avatar
 wannabe1 
Lexington, Ky.
 
Experience: Beginner
Platform: NinjaTrader/CQG Sim.
Trading: CL,6E
Posts: 6 since Feb 2012
Thanks Given: 94
Thanks Received: 5


rdtw View Post
Thanx for posting wannabe1 ... I've been interested in ST for quite awhile for a lot of the same reasons you mention.
I wasn't sure if I would be at a disadvantage joining but not purchasing the 4 Day Intensive Seminar as it would be almost double the $ commitment. If you don't mind me asking about your opinion above in Bold, does this come with membership or does one need to also purchase the 4 Day Intensive Seminar? If you would prefer that I PM you any ?'s or not answer at all I would completely understand.



rdtw,
The course was 999. or 1699. w/4-day seminar. I went with the course at 999. At anytime I choose, I can pay 700 more and get the 4day seminar. Once you purchase the 4day seminar for the extra 700 you may reattend all the future 4day seminars you choose for that 1 time 700 payment. If you choose to pay 1699 upfront you will have access to lifetime course & seminars. (Well, at least as long as they remain in business, I suppose).

The course includes 3months trade/chatroom after which you can pay a 100.00 a month for that if you choose. I have not been able to take advantage of that as of yet due to my day job, but you could record it if you wanted to review it later. There are two classes on wen.-thurs. with Melanie Son who is a trader and the tues. night webinar which is geared more towards recruiting (selling course to new students). There is in my opinion a wealth of knowledge offered up in the form of downloads, videos, tests, and much useful technical education, which is also of course available here on futures.io (formerly BMT) for 50.00.

So, for me this was the way to go, just in the time saving dept. of figuring out what info is important and what info. is a waste of my time at this point. Once I get a basic futures trading education I feel I will be set to move on to more advanced info. Hope this helps you and is not too confusing.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
MC PL editor upgrade
MultiCharts
How to apply profiles
Traders Hideout
ZombieSqueeze
Platforms and Indicators
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
25 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
21 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #52 (permalink)
 rdtw 
Des Moines Iowa United States
 
Experience: Intermediate
Platform: NT Ensign MT4
Trading: drums
Posts: 120 since Sep 2010
Thanks Given: 14,996
Thanks Received: 38

Thank you wannabe1

Reply With Quote
  #53 (permalink)
 Lacie 
South Bend, IN
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AmpFutres/Zen-Fire
Trading: ES
Posts: 5 since Jun 2010
Thanks Given: 9
Thanks Received: 0


Hi all. I'm not sure where to post this, so I'll try this thread.

Does anyone here use Shadow Traders indicators? Are they still in business? Thanks for any help!

Reply With Quote
  #54 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
Experience: Intermediate
Platform: NinjaTrader,TOS,Etrade,St
Broker: NT:( tos,etrade,CS
Trading: stocks,options,futures,forex
Frequency: Never
Duration: Never
Posts: 287 since Aug 2011
Thanks Given: 3,613
Thanks Received: 222


Lacie View Post
Hi all. I'm not sure where to post this, so I'll try this thread.

Does anyone here use Shadow Traders indicators? Are they still in business? Thanks for any help!

@Lacie maybe this will help, a simple Google search will answer your 2nd ? If that is who you are talking about?
ShadowTraders offering Emini,Futures Trading,Currency Trading
and to your first ?
a quick look at their site looks like maybe, they are using some of what can be found right here at nexusfi.com (formerly BMT).
one result from using nexusfi.com (formerly BMT) search box for "fractals"
e.g.

Reply With Quote
Thanked by:
  #55 (permalink)
 
trendwaves's Avatar
 trendwaves 
Florida
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Trading: ES, NQ, CL
Posts: 703 since Dec 2012
Thanks Given: 2,898
Thanks Received: 2,525

Risking 8 ticks to make 4 ticks is a tried and true vendor tactic that enables them to achieve a theoretical 80% or better win percentage. In the business it seems new traders need that 80% security blanket or they won't consider buying the trading system.

So if someone honest comes in and says: best case your gonna make 60% win percentage with our system, it's gonna be crickets chirping in an empty room when the laughing ends.

Anyways, if you want to have some real fun, ask for the record of their trades for the last two years. You know just to prove to yourself the system actually did win 80% of the time.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #56 (permalink)
 gringa 
San Jose, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP Futures/CQG
Trading: currency futures, ES, TF, EMD
Posts: 21 since Jul 2012
Thanks Given: 22
Thanks Received: 26

Just found an order from the CTFC regarding Barbara Cohen and Pure Reason (the umbrella company for ShadowTraders) that may be of interest:

CFTC Orders Florida Resident Barbara Cohen and Her Company, Pure Reason, LLC, to Pay a $140,000 Penalty for Cohen?s False Statements to the CFTC and for Not Disclosing that Profitable Trading Results Were Based on Hypothetical Trading

Here is a link to the actual legal document:
https://www.cftc.gov/idc/groups/public/@lrenforcementactions/documents/legalpleading/enfpureorder092915.pdf

Reply With Quote
  #57 (permalink)
sandman2
Dusseldorf Germany
 
Posts: 13 since Jan 2013
Thanks Given: 1
Thanks Received: 12

Looks like ShadowTraders have come out of hybernation. This is part of a message just received:

As you may have already heard, Shadowtraders technology has been sold to an International Forex Trading Brokerage, GetForexSignalsNow.

This has been in the works for a very long time. So many legal issues to overcome, converting Shadowtraders software to MT4, expanding the auto-trading quants, etc. At last Shadowtraders is ready to move on.

The support you received for all these years will continue under the website, GetForexSignalsNow. Your membership in Shadowtraders has been transferred to the new website.


Does anybody have any experience with this new set up already?

sandman2

Reply With Quote
  #58 (permalink)
 Suraj 
Boston, MA/USA
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, MES
Posts: 16 since Aug 2012
Thanks Given: 60
Thanks Received: 3

The new shadow trader outfit only supports MT4.

I have the old indicators which were enabled for my laptop. Is there a way to transfer the indicators to a new laptop?

Shadow trader said they are no longer supporting them and pointed to the new outfit.

thanks

Reply With Quote
  #59 (permalink)
 gringa 
San Jose, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP Futures/CQG
Trading: currency futures, ES, TF, EMD
Posts: 21 since Jul 2012
Thanks Given: 22
Thanks Received: 26

Hi Suraj,

Do you have the compressed (zipped) folders with the indicators? If so, you could move them to your new laptop using a thumb drive and import them into your platform, assuming you are using the same version of the platform (e.g., NT7).

Otherwise, if you ever backed up your platform, you could try restoring a backup that was made during the time you used the Shadow Traders indicators (or even make a backup now). You would need to transfer the backup file to the new laptop using a thumb drive. On my PC, the backup files are located in the \Documents\NinjaTrader Backup folder.

If neither of these avenues is a viable option for you, you might try exporting the indicators from the platform on your old PC, moving the files to the new PC, and importing them.


Good Luck!

Reply With Quote
Thanked by:
  #60 (permalink)
 Suraj 
Boston, MA/USA
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, MES
Posts: 16 since Aug 2012
Thanks Given: 60
Thanks Received: 3



gringa View Post
Hi Suraj,

Do you have the compressed (zipped) folders with the indicators? If so, you could move them to your new laptop using a thumb drive and import them into your platform, assuming you are using the same version of the platform (e.g., NT7).

Otherwise, if you ever backed up your platform, you could try restoring a backup that was made during the time you used the Shadow Traders indicators (or even make a backup now). You would need to transfer the backup file to the new laptop using a thumb drive. On my PC, the backup files are located in the \Documents\NinjaTrader Backup folder.

If neither of these avenues is a viable option for you, you might try exporting the indicators from the platform on your old PC, moving the files to the new PC, and importing them.


Good Luck!

Hi Gringa,

thanks for the above pointers - I was unsure if the Shadow Traders indicators need to be enabled for the particular machine - not sure but seem to remember there was a page on their website to send machine ID's for enabling and so am wondering if it would work on a new machine (one of my two machines is old and will need to be replaced down the line)

Reply With Quote




Last Updated on December 15, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts