Is there anyone making money???
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- This topic has 82 replies, 22 voices, and was last updated 4 months ago by Nicolas.
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07/07/2024 at 12:23 AM #23487007/07/2024 at 3:58 AM #234871
Although I made a relatively extensive comment for this thread om last Monday morning – which I never posted but saved – here are two relevant snippets from that not-posted post. I may add more later in response to what further evolves in this thread (the original is 2 A4 pages).
Keep in mind please that this is from the perspective of a PRC reader, a potential buyer from the Market Place, and/but someone who does not need anything from the Market Place at all.Thus for now, only in the context of what has just been said :
IM(H)O there is no need to present all like a gamer’s game. This is about money – mostly serious money (be that more or less). Behave like a Pro.
I even obtained one of the trials, just to prove the scam and hoax, finding in the presented “you can backtest yourself” hard excluded dates of trading (leaving the profitable trades only). You will know who you are …
(and I did that together with one other PRT user – so it is with witness).
I mean, how low can you go to get other’s fine money in order to get some yourself. This is disgusting.07/07/2024 at 4:03 AM #234872phoentzs, could you tell us which provider? So dont more people waste money on a awful bot.
Assumed that providers exist who mean well, it may not be a good idea to name them. My Systems often fail too. Did I do that on purpose ?
The idea should be that people like phoentzs leave a review in the Market Place. But immediately I have to think of another excerpt from my not-sent post (see below) and that thus does not work any more either. Not for me, would I be a potential buyer.
- The whole lot started out with faked Likes and reviews. That never goes out of my mind – probably not from others too. Here you dug your own graves.
07/07/2024 at 8:25 AM #234873I have made some profit since starting about 1 year ago, not close to the backtest tho.
It only trades the gold CFD on the 10min graf and gone tru a number off versions, but the consept holds. I was up 50% or so some month ago, but losses in the last weeks took me down to around 25%.
Im starting to transfer over to a more semiautomatic stratergy to avoid having a bot running 24/7 on sideway or hard to trade markets.
Using a screener to find stocks/instruments that in a sett upp and then run a bot on it with a quit line that stops it when the settupp fails.
I see algos as a tool for my normal trading, its not free money.
1 user thanked author for this post.
07/07/2024 at 10:27 AM #234877After a month of asking the question, only one user wins consistently assuming it is not a fake user.
The other 2 users earn very little, one of them is afraid of the bot and deactivates it sometimes, and the other says that if he had used it constantly it would have been his ruin.
I would like to conclude this post after a month.
The few answers say it all…
…and the non-responses speak for themselves.
Few users and also afraid of their hunting dog, lest it bite them.
07/07/2024 at 11:07 AM #234882Dont know witch one off the 3 is me, but im pritty shore that the majority off people that make a good profit wont talk mutch about it.
I run my bot 24/7 with a profit. But coming from zero prior experience with programming its been a few buggs and misses along the way, so i will be back in a year from now with most likely better results.
Feel that the the big trapp with algo traiding is the impression that its free money and more easy/easyer then normal trading, which im after over a year off trying is condident is not the case. It still takes thousands off hours to be consistent in makeing a profit and no algo will work in all markets.
Its a tool that can save you alot off time and it helps me in a huge way to test different strategies/teories, would even say that this is the biggest gain for me.
(Would taken me years of trying and huge losses to learn the same things with normal trading)07/07/2024 at 2:41 PM #234888Good morning everyone, I’m new to this forum and I thank you for this discussion because I enjoyed it a lot.
I found two sellers distraught because they sell almost nothing or nothing on MarketPlace, one of whom is now using it to advertise his new site, and the other is completely pissed off with Market Place.
But the first question, if it doesn’t suit you why do you remain as a seller?
You can also make your own site and do whatever you want, in this you are Nicolas’ guest (he seems to be the owner), and Nicolas’ answer 2 and 3 explain very well.
Then, however, looking at all the algorithms and it took me a long time, I found that there are subscriptions for up to 6 years, as a trial you could make €1 for 6 years, so it’s like doing it for free.
Then I also found Market Place’s detractors who enjoy this site if things go wrong, but I don’t understand why, perhaps by reading everything carefully I understood that this forum is no longer the same as before because of Market Place, but everyone works for money.
Why do those who earn from Market Place have to tell you this?
Maybe first they lost money and now that maybe they earn why tell you as already said above it is unlikely that those who earn will say it here.
Last question, now we know that two sellers do nothing, but the big sellers make how many subscriptions per month, 10-20-30 and who knows, maybe they do nothing too, but certainly if they made money why say so.07/07/2024 at 3:43 PM #234889I will not mention the name of the provider. I am in email conversation with him. The algo in question operates in a difficult market that I would never have chosen otherwise. As I said, in my opinion, it is better to use markets that are safe to trade. Where even simple algos work well for years. After all, you want to make money.
07/07/2024 at 3:53 PM #234890No, I’m not mad, actually I don’t care, I have my bots active and I make money.
What I don’t understand is the apathy of the Marketplace, the business could have been very good for everyone, Marketplace, suppliers, and customers, but it is not for anyone.
I highly doubt that there are sellers with many clients, and the few clients that there are, the majority will be losing.
The only reason I’m continuing is because the bots are already there, but I have two other bots ready and I have no intention of renting them, too much effort for nothing.
If I don’t rent them on my own it is for the same reason, too much effort and time, family, work.
He could have been a great Marketplace, but he committed suicide.
07/07/2024 at 4:17 PM #234891I highly doubt that there are sellers with many clients, and the few clients that there are, the majority will be losing.
He could have been a great Marketplace, but he committed suicide.
Only Nicolas or the big sellers can say this, yours is just your opinion.
07/07/2024 at 4:18 PM #234892It may seem like something else, but my only wish in these posts was to make the marketplace reflect on its situation, which apparently is not good at all.
And not only that, but also giving it the keys to its proper functioning, just as others like me did at the time… and we were not paid the slightest attention.
Questions to the Marketplace:
How many suppliers today have more than 10 clients?
And if there are, how many clients have been renting the same bot for more than a year from that provider?
07/07/2024 at 4:23 PM #234893My opinion and that of NordicAlgos…
…and surely that of many other providers, what happens is that the providers do not know of the existence of this post and do not write anything.
If they wrote, many would be in the same situation as me, I’m sure, and would have very similar opinions.
07/07/2024 at 4:33 PM #23489407/07/2024 at 4:44 PM #234895For my part, I will listen to Nicolas about the names of the bots, but it is not the problem… in the next few days I will change the names.
(They only seem like vain excuses to me for my “attack”).
And yes, I will put the bots at €1 with rent for a year or two, which is the time they need for the benefits to be exponential due to money management.
(But this was already done at the time and the response from customers was negligible, almost zero).
I would like to be able to start a post in a year or two and retract everything said in these posts, but I highly doubt that that will happen.
They are bots that earn €8000 net in a year and a half – two years and that due to Money management and the Ukraine-Russia war (9 months of lateral-bearish market and these bots are bullish) they have earned in my opinion less money than they They should have won, but everything is coming…
…with backtest and real images of their benefits since we rented them on the Marketplace…
and in whose product description you can verify that they have never been updated.
But no one is going to rent them, because there are no clients, as seen in the Marketplace statistics, 1-2visits a day.
07/07/2024 at 4:55 PM #234896I almost never look in the market place, but when i do look, i wont click on bots that cost only 1€ as it seems to cheap to be any good.
Also, i dont put any value on clames for x amount off dollar profit. All i care about is %.
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