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Has anyone ever heard of Felton Trading? (www.feltontrading.com)
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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #31 (permalink)
Elite Member
Bala, PA, USA
 
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kashter View Post
Roger,
You saying you are not here to solicit any business but you really are by claiming:
- you can make individuals successful via what you offer
- you state you are a trader when in fact you are just an educator (show me a statement and I will rest my case)
- indirectly claiming you attained success as a trader, otherwise why would anyone bother to follow you? If you are truly successful as a trader, then a verified statement will go a long way!

Nice work to plug your case but this is just another poor selling pitch.

Matt,
What makes you say Roger is a trader?

A verified statement would be good, but I think trading the actual methodology live or in Sim in the room in front of your students with nothing hidden is best, because a verified statement may not actually be from the system they are teaching. I've been to 2 different rooms, and actually worked for one of them, where the teacher did not personally trade the system they were selling. When the system would get 3 losers in a row, they would say I got winners on those because I use a more aggressive entry, or I got a better fill, or I don't take this kind of entry, etc. One of them kept saying he is both long and short on the same instrument at the same time on the same account! First, that was not part of the system, 2nd, although I think this is technically possible with NinjaTrader, I don't know of any broker which allows that. Someone correct me if I'm wrong, because I'd love to try that if I can

My generic issue as a whole with most trading rooms in the industry is, if you are teaching a system, you should be able to trade that system at least in Sim mode in front of your students. I advise anyone to take a free trial for any room they are considering, and determine how they feel about that room, and if a vendor does not offer a free trial, then skip it altogether.


Last edited by monpere; December 22nd, 2010 at 10:01 AM.
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  #32 (permalink)
 Vendor: www.integrity-traders.com 
East Rochester, NY
 
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monpere View Post
One of them kept saying he is both long and short on the same instrument at the same time on the same account! First, that was not part of the system, 2nd, although I think this is technically possible with NinjaTrader, I don't know of any broker which allows that. Someone correct me if I'm wrong, because I'd love to try that if I can

This is easily done by using two DOMs and having a different ATM on each one. This method of trading is very common and is important if you are short long term but want to take a long counter trade, for example.

Dan

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  #33 (permalink)
Market Wizard
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kashter View Post
Matt,
What makes you say Roger is a trader?

I just assumed that if someone teaches they have some real trading experience (?)

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #34 (permalink)
Membership Revoked
Victoria, TX
 
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Webinars

Thanks Matt,

I do about 70 webinars a year for various brokers, NinjaTrader, etc. They are purely educational and sales pitches are never allowed. Most traders appreciate that. Several archived presentations are available for viewing anytime.

I have offered to do a purely educational webinar for the futures.io (formerly BMT) community but Big Mike kindly informed me that his policy is to never allow vendors to do presentations here. I respect his decision.

Happy Holidays, Matt

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  #35 (permalink)
Membership Revoked
Victoria, TX
 
Futures Experience: Master
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A good example

Futures Edge on FIO

Which products do you trade?

 
To the futures.io (formerly BMT) group,

I think kashter's post is a good example of the point I was trying to make in my original response. I believe skepticism is essential in this industry. Everyone knows that some of the worst con artists and thieves on the planet are now trading gurus. Never, never, never stop being skeptical.

But skepticism should be tempered with some degree of open-mindedness or else you get people who believe the earth is flat and 9/11 was an inside job.

Kaster states that I said, "I can make individuals successful via what I offer." Really? What I actually said was, "If you aren't as successful as you'd like to be, let me work with you for a while...one-on-one...even evenings or weekends...just like I do for my group. Once we've worked together for a while, come back to this thread and just be honest." Did that sound like a promise of success? That certainly was not my intent.

Was this sincere offer just a ploy to peddle my wares? Absolutely not. I firmly stated that I was willing to try to help anyone if they would promise to "never pay me a dime"..."No money will ever be asked for nor accepted from anyone responding to this post". I don't think I could make that point any plainer. If my intentions were not honorable, you guys would come back here and hammer me to mush.

Kaster's mind seems to be made up about me and my intent. But I'm sure there are some who would be willing to get to know me a bit before passing judgement. The ones who understand that an offer of help is not a promise of eternal success. Those are the ones I'd like a chance to work with. The futures.io (formerly BMT) community is a terrific assortment of guys and gals from all walks of life, nationalities and levels of experience. I'm just trying to contribute something back.

Happy Holidays everyone and keep those great posts going!

Roger Felton

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  #36 (permalink)
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rogerf View Post
...Consider this: If you promise to never give me a dime, then let's set up a time to talk trader to trader. If you aren't as successful as you'd like to be, let me work with you for a while...one-on-one...even evenings or weekends...just like I do for my group. Once we've worked together for a while, come back to this thread and just be honest. Tell it how you see it. If I'm even remotely like anyone else, say so. If I teach snake oil, rip me to pieces. If you learned nothing, speak up. Just speak the truth. Fair enough, guys?
This is in no way a solicitation of any product offered at Felton Trading. No money will ever be asked for nor accepted from anyone responding to this post.

Happy trading from your futures.io (formerly BMT) colleague,

Roger

I took Roger up on his offer. So far I can report the offer itself was sincere. He has given me a logon for his trading room (which I can not comment on yet, as it is closed for the holidays). We will be having our first mentoring session when I get home from work tonight. As Roger asked in return for his offer, I'll post feedback here.

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  #37 (permalink)
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Roger's offer

Roger spent more than 1.5 hours with me last night. I can honestly say I learned some things, which will hopefully make me a better trader.

It's true, as can be said of many vendors, that most of his indicators are freely available in some form, and some may have come from right here on Big Mikes (he's also using Aslan's BetterRenko). However, there is value added; he's taken these standard indicators and formed them into a system, where they are used in mutual support to mark clear entry and exit point suggestions on the chart. Much of the programming is well beyond my current capabilities.

He also has one indicator that is beyond anything I've come across in the free arena, it conveys information from arbitrary larger time frames and chart types. For instance, we were looking at a 5 better renko chart with this indicator showing the current bar direction from a 10 better renko and a 500 tick line break. The unique aspect is that it does this without the horizontal distortion which is characteristic of Ninja multiple timeframe charts.

I look forward to learning more from him in 2011.

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  #38 (permalink)
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Thanks for sharing your experiences @fluxsmith.

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  #39 (permalink)
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rogerf View Post
To the futures.io (formerly BMT) group,

I think kashter's post is a good example of the point I was trying to make in my original response. I believe skepticism is essential in this industry. Everyone knows that some of the worst con artists and thieves on the planet are now trading gurus. Never, never, never stop being skeptical.

But skepticism should be tempered with some degree of open-mindedness or else you get people who believe the earth is flat and 9/11 was an inside job.

Kaster states that I said, "I can make individuals successful via what I offer." Really? What I actually said was, "If you aren't as successful as you'd like to be, let me work with you for a while...one-on-one...even evenings or weekends...just like I do for my group. Once we've worked together for a while, come back to this thread and just be honest." Did that sound like a promise of success? That certainly was not my intent.

Was this sincere offer just a ploy to peddle my wares? Absolutely not. I firmly stated that I was willing to try to help anyone if they would promise to "never pay me a dime"..."No money will ever be asked for nor accepted from anyone responding to this post". I don't think I could make that point any plainer. If my intentions were not honorable, you guys would come back here and hammer me to mush.

Kaster's mind seems to be made up about me and my intent. But I'm sure there are some who would be willing to get to know me a bit before passing judgement. The ones who understand that an offer of help is not a promise of eternal success. Those are the ones I'd like a chance to work with. The futures.io (formerly BMT) community is a terrific assortment of guys and gals from all walks of life, nationalities and levels of experience. I'm just trying to contribute something back.

Happy Holidays everyone and keep those great posts going!

Roger Felton

Roger

I would love to know if your offer is still valid? I emailed to you several times from futures.io (formerly BMT) and from your own website but never got any reply. If your offer is still on the table please let me know

Thank you

TickVix/Gregory

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  #40 (permalink)
Membership Revoked
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Posts: 132 since Apr 2010
Thanks: 22 given, 518 received

Mentorship offer


Yes, Gregory, the offer is valid and has no set expiration date. My students are in good shape for now so I should have sufficient free time to work with anyone requesting my help from futures.io (formerly BMT). I can do this as long as time allows.

I have some things to share with you that I think you'll find useful. Understand that my help is not a guarantee of success. But, as a fellow futures.io (formerly BMT) member, I will assist you as much as humanly possible.

I have previously responded to your initial request but did not hear back from you. I look forward to helping you as much as possible. Please email me directly at Roger@FeltonTrading.com and we'll set up a time to get together.

Thanks Gregory!

Roger

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