Traders International - Trading S&P500 Eminis + FX

[wayneL]

Re: Traders International - Trading S&P500 Eminis

Given the obvious benefits to ramping this business, perhaps anyone spruiking it should be automatically banned?

Also, Wayne... if that is your new blog... well done. Looks great, I love it.

I make sure I click the ads on blogs I like... so, that wont be a problem.

Thanks Chops

I'm hoping it turns into something useful.

 

[Bigglesaust]

Traders International v's PureTick for Eminis

Hi gang,

there have been a number of post on TI and puretick i've seen on the site however many are a few years old. I was wondering if there wasn any recent feedback on the systems that both use and the benefits of either . Any feedback on these guys would be interesting as i'd like to look at Eminis but am conscious of the 7k investment upfrom for TI for example and ongoing costs

thanks

Nigel

 

[Timmy]

Re: Traders International - Trading S&P500 Eminis

Yes Traders Int. keeps spamming this forum but no-one will post any results! They are very defensive and obviously have things to hide. Good commissions if you can get a job selling their product though - the salesman gets about $3000 of the $7000 sale price!

 

[Trembling Hand]

Re: Traders International v's PureTick for Eminis

Hi gang,

there have been a number of post on TI and puretick i've seen on the site however many are a few years old. I was wondering if there wasn any recent feedback on the systems that both use and the benefits of either . Any feedback on these guys would be interesting as i'd like to look at Eminis but am conscious of the 7k investment upfrom for TI for example and ongoing costs

thanks

Nigel

Please use there correct name. Futures! If you are going to pay someone over $7000 you would at least expect they tell you the right names. Instead of some warm and fuzzy cuddly name. Futures!!!!

 

[nighteyes]

Re: Traders International - Trading S&P500 Eminis

Hi gang,

there have been a number of post on TI and puretick i've seen on the site however many are a few years old. I was wondering if there wasn any recent feedback on the systems that both use and the benefits of either . Any feedback on these guys would be interesting as i'd like to look at Eminis but am conscious of the 7k investment upfrom for TI for example and ongoing costs

thanks

Nigel

Nigel

I did a lot of searching on the net and chose David Marsh, Puretick and TI to look further into.

After a lot of indecision, I took the plunge and went for TI. Jury is still out but it looks promising for me. More than happy to share the results of my play account with you (warts and all).

The ongoing monthly costs are fairly high ($250-500US) depending on which option you take. Other hidden costs I found was broker costs of $50US for each withdrawal.

There is also a cost for eSignal (the charting software by another crowd) but this is not essential, at least for the noobs like me. Don't know the costs yet, waiting for a reply from the company.

I am interested in how Rockhoundnz is doing with Puretick too and have so far not found anyone who has tried the David Marsh system as i would love to hear how they are doing.

For the more senior posters, I am not a spruiker, just a noob looking for answers and looking for a place to share experiences, both good and bad. In reading the posts so far, it seems easier to share bad experience but sharing good or mildly positive news takes some courage.

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

Jury is still out but it looks promising for me. More than happy to share the results of my play account with you (warts and all).

We would all welcome some actual trading results.

The funny thing is the best way to shut us up is to do just that. But no one ever does

 

[nighteyes]

Re: Traders International - Trading S&P500 Eminis

We would all welcome some actual trading results.

The funny thing is the best way to shut us up is to do just that. But no one ever does

Hi Trembling Hand

I will try and post the results of my play trading account and send you the URL if you like. That would actually be a help to me to maintain discipline knowing I have someone else looking over my shoulders before I commit any real money cos the only one I will be fooling is myself otherwise.

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

Hi Trembling Hand

I will try and post the results of my play trading account and send you the URL if you like. That would actually be a help to me to maintain discipline knowing I have someone else looking over my shoulders before I commit any real money cos the only one I will be fooling is myself otherwise.

The best trading tool is your own trading journal with full and honest results. Especially a running expectancy. Very easy to ignore the bad and over emphasize the good.

So whether you post it or not don't make a trade without documenting it. If you let the trades go without recording them you are wasting the biggest chance you have got of getting better.

One thing that I think that helps is starting your P&L a new at the start of the month. Gives you a point to wipe the slate clean and try and not repeat mistakes that you did last month.

 

[Timmy]

Re: Traders International - Trading S&P500 Eminis

Best way to shut up the skeptical is to post your trades real time in the an appropriate thread. Like this one. Or send some statements to some senior members.

One problem with TI is their kick backs for recruiting other members. Always makes people skeptical that the praise is genuine as many have an interest in it looking like "THE" system.

I just thought I would quote TH here again because there is little posting of trades going on. If anyone decides to post some trades there are some ground rules, that TH has already stated above.

1. The trades should be posted REAL TIME, this is the only way to maintain credibility. It is all to easy to make yourself look like a legend by posting bodgy trades after the event. Have the thread open, a reply ready to go and straight after you make your buy or sell, post it on ASF. Anything else is open to fraudulent behaviour or manipulation. Some of these attempts at fraudulent postings are laughable in their transparency.
2. Posting of real time trades need then be backed up by sending some statements to senior ASF members. These will be treated in confidence.

 

[nighteyes]

Re: Traders International - Trading S&P500 Eminis

TH

That is a very good point wrt having a proper controlled environment as I have been doing both real and play/testing in the same account so even though I believe I have been fairly disciplined, I would never be sure.

I will request a new demo account and use that for the next 5 days. I was intending to go to live by this time next week so wont have the time after that.

Timmy, the trades are recorded as transactions in the SR account and are 'live' as far as demo accounts are concerned i.e. the getting in and out of trades are progammatically set and not the result of actual transactions. The SR report gives it warts and all.

 

[TI Member]

Re: Traders International - Trading S&P500 Eminis

We would all welcome some actual trading results.

The funny thing is the best way to shut us up is to do just that. But no one ever does

TH,

Very suprised with this post. I have posted my results from my LIVE account back on page 4 of this topic however it still doesn't seem shut you up or others who have such a negative view of a system that you have never tried.

What you and others like you are doing to this forum is causing it to lose a lot of credability. All you do is attack someone who has an opinion (which they are entitled to and often more educated about). This sort of behaviour/bullying only discourages people who have a positive experience with a system you don't agree on from posting any comments for fear of being attacked.

I think you should all take a good long hard look at yourselves and start showing the appropriate behaviour to create a fair and balanced forum.

 

[chops_a_must]

Re: Traders International - Trading S&P500 Eminis

TH,

Very suprised with this post. I have posted my results from my LIVE account back on page 4 of this topic however it still doesn't seem shut you up or others who have such a negative view of a system that you have never tried.

What you and others like you are doing to this forum is causing it to lose a lot of credability. All you do is attack someone who has an opinion (which they are entitled to and often more educated about). This sort of behaviour/bullying only discourages people who have a positive experience with a system you don't agree on from posting any comments for fear of being attacked.

I think you should all take a good long hard look at yourselves and start showing the appropriate behaviour to create a fair and balanced forum.

I think someone with credibility should at least be able to give accurate percentage results, not the tripe that you have posted, and the questions of such which you didn't respond to properly. You just began to attack a very experienced and credible trader.

If I use your calculations, I am doing something like 20% per week. Which is complete crap. That's my target for a year!

You'd have someone like TH going at a rate of return at probably a 1000% per week or something ridiculous on this method.

Smarten up before you accuse others of credibility issues. Otherwise, you will continue to be flamed. Especially when people touting this TI bollocks clearly have absolutely no idea.

I think this thread should be locked, because it is just spam.

 

[wayneL]

Re: Traders International - Trading S&P500 Eminis

TH,

Very suprised with this post. I have posted my results from my LIVE account back on page 4 of this topic however it still doesn't seem shut you up or others who have such a negative view of a system that you have never tried.

What you and others like you are doing to this forum is causing it to lose a lot of credability. All you do is attack someone who has an opinion (which they are entitled to and often more educated about). This sort of behaviour/bullying only discourages people who have a positive experience with a system you don't agree on from posting any comments for fear of being attacked.

I think you should all take a good long hard look at yourselves and start showing the appropriate behaviour to create a fair and balanced forum.

Rubbish! LOL

This forum has maximum credibility exactly because we question. To question and verify is scientific.

...and the bitter truth, is that most of us know about the vested interest of TI members to sign new people on. SPAM is endemic on the internet and despite the laughable attempt at subterfuge, people can sniff out spammers from a mile away... even sophisticated spam.

Look, there a quite a few FREE trading rooms on IRC (apart from woodie) where you will learn far more than TI will ever teach you... FREE!

Your paying 7 big ones ferchrissake for something that lots of folks are more than happy to give away.

TH's post is not negative in the slightest, it merely asks for verification. That's positive because you can prove it if you want.

If you want to prove yourself and your system, you've been told what to do, post real time trades.

And ferchrissake, anyone who post results as a % of margin will be flamed mercilessly.

 

[TI Member]

Re: Traders International - Trading S&P500 Eminis

I'll put the challenge out to those who critise me and my results. How about you post how well you are trading. In my opinion you still have a long way to go from convincing me of how successful your trading system is.

Put up or shut up.

 

[wayneL]

Re: Traders International - Trading S&P500 Eminis

I'll put the challenge out to those who critise me and my results. How about you post how well you are trading. In my opinion you still have a long way to go from convincing me of how successful your trading system is.

Put up or shut up.

No one is criticizing you, just asking for verification of your claims.

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

I'll put the challenge out to those who critise me and my results. How about you post how well you are trading. In my opinion you still have a long way to go from convincing me of how successful your trading system is.

Put up or shut up.

Sorry to offend but 1 day doesn't make a system. To build some sort of credibility you are gonna need more than 1 day!!

As far as results. You could have a look here or the SPI thread or email me with your statements and I will more than happy send you mine.

 

[wayneL]

Re: Traders International - Trading S&P500 Eminis

Guys

Check out this TI video from Friday's trading. http://www.tradersinternational.com/recaps/2008/03/28/28.html

One of the most atrocious examples of hindsight trading I've ever seen. Anybody who's been around index futures longer than 45 seconds will see this instantly.

 

[hissho]

Re: Traders International - Trading S&P500 Eminis

"anyone who post results as a % of margin will be flamed mercilessly"

Just being curious, may I ask why? I guess maybe it's because it's too dangerous to think that way? I know a lot of spammers love doing that...

thanks
hissho

 

[wayneL]

Re: Traders International - Trading S&P500 Eminis

Just being curious, may I ask why? I guess maybe it's because it's too dangerous to think that way? I know a lot of spammers love doing that...

thanks
hissho

Yes,

It in no way reflects the amount of capital required to trade futures.

Also day margin varies among brokers and at different times.

Some brokers will let you trade on $500 margin, some $1,000, some at half the overnight margin. Recently IB suspended day margins for a time because of the volatility.

This begs the question; what margin should we calculate profits (and losses) on.

For a fair dinkum trader, margin is inconsequential as you will need some cash reserves (most say a minimum in the region of $15,000 per ES contract) in order to trade properly and to have a chance at long term survival.

This is the figure profit and loss should be calculated on... total capital.

 

[Timmy]

Re: Traders International - Trading S&P500 Eminis

What you and others like you are doing to this forum is causing it to lose a lot of credability.

T I Spammer lecturing on credibility - that is just too hilarious!

How about this for credibility T I Spammer ... you make significant money frrom kickbacks when you sign up a new member to your scheme ... how about detailing the kickbacks, just to add to your <ahem> credibility ?