TheTradeDesk.biz (originally Trade2Live.com; not to be confused with TheTradeDesk.com) trades only the ES under Head Trader GrayDog (Daniel Dowling; US Commodity Futures Trading Comm. defendant, 2005) and moderator Kirby Cooper (kirbycooper.com/Cavida Inc.). This evaluation of TheTradeDesk is the 7th in this Room in Review series hosted by MarketClips.
Tag Archive for Dean Handley
Trading Advantage is owned Larry Levin, with Dan O’Brien as head trader, and is open 9:30~4.00 EST (14:50-21:00 Zulu), 5 days a week. Trades are only taken on the ES and were announced according to their names: break out trade (BO); algo trade; poor son of a bitch (PSOB) trade, etc. Exact entries, targets or stops were not provided in 2009 or in later years. I remember how electrified I felt when Larry occasionally entered the trade room; I paid for two memberships and the advanced training for a total of over $7300 over 2 years; I was under three assumptions: Traders Advantage was a successful trading room; successful trading could be learned and this was the room was going to teach me successful trading. This room was the first of the 422 rooms I would eventually review and the $7300 I paid was my first of two great fleecings that occurred over the next 3.7 years within the futures trading industry (remember: good judgment comes from experience; experience comes from bad judgment). I had never heard of RipOffReports, ForexPeaceArmy or Elite Trader but apparently serious condemnations of Trading Advantage reside at those sites.
Room in Review: PureTick.com YM (www.puretick.com)
PureTick YM room (not to be confused with PureTick ES room) is owned and run by head trader Alex Wasilewski, open 9:30~4.00 EST (14:50-21:00 Zulu), 5 days a week. Trades (trend, countertrend) are only taken on the YM only and were announced with standard text phrases such “BUY,BUY,BUY” or “SELL,SELL,SELL”. Exact entries, targets or stops are not provided or demonstrated which is of utmost importance to traders [422 Futures Rooms in the US, Market Clips 04.2013]. His trading style ranges from benign conversation to an autocratic dictatorship; mentorships are $9999 and monthly room fees are $449.
Article by Dean A. Handley, PhD, MBA, JD
Room in Review: AlphaWaveTrader (www.alphawavetrader.com)
AlphaWaveTrader is owned and run by head trader Alla Peters, 9:30~12.00 EST (14:50-17:50 Zulu), 5 days a week. When I was present in the room, Alla traded 6E, TF and NQ, but just starting to add CL and ES and phase out 6E. She credits her success to magical prayer and she claims to trade pure price waves. Judging from her web site, ocean waves may also be involved. AlphaWaveTrader was among my initial top 10 room list , now is 22nd but not to worry, help is stated below. This is the 4th room in review series to be hosted by MarketClips [2-4].