Anyone seen these guys any experiences?
They look a little higher class than most.
Post experiences etc.
Thanks.
Trade Angle Strategies
They look a little higher class than most.
Post experiences etc.
Thanks.
Trade Angle Strategies
High slippage
Tradeangle seem like a professional bunch, and customer service was good.
I traded 3 of their strategies for 3 months this year. All results on Strategy runner site exclude commissions and slippage, so I tracked every trade to determine the real returns. The broker that TradeAngle suggest you use to minimise any problems, is very expensive ($40/rt). I found that slippage was also very high (I averaged about $100/trade slippage). These factors significantly affect real performance. A number of their strategies have also been going through a 'lean patch', some of them now flat for more than six months (ignoring slippage and commission). These factors combined led me to stop trading after the 3 month subscription. I believe their are better systems on SR.
Tradeangle seem like a professional bunch, and customer service was good.
I traded 3 of their strategies for 3 months this year. All results on Strategy runner site exclude commissions and slippage, so I tracked every trade to determine the real returns. The broker that TradeAngle suggest you use to minimise any problems, is very expensive ($40/rt). I found that slippage was also very high (I averaged about $100/trade slippage). These factors significantly affect real performance. A number of their strategies have also been going through a 'lean patch', some of them now flat for more than six months (ignoring slippage and commission). These factors combined led me to stop trading after the 3 month subscription. I believe their are better systems on SR.
Yes I followed there systems for a little while they aren't that good for the price anyway.Can generate similar signals for free with free indicators with similar if not better returns.Seems the pure mechanical systems are junk as usual and the room trading ones are the only ones fully monitored with a little more risk management and updating due to market changes.Much of there xls files with trade history say they are made up of real trades and simulated trades how you can combines the 2 into a real profit report is beyond me.
Lord Flasheart
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If There was an automated system that worked we would all use it and retire next week.
No, not all of us.
Because not all of us would find it.
That's the laws of probability right there.
Ive been in communication with these guys a few times.
Tried a free trial.Watched them.
They lie.Plain and simple.
Provide no performance data for the trade room signals.
Yet there web page says they do.
Auto systems have no better results that a MA.
Cover up losses.Use backtest data.
Wouldn't be worth the money.
It might work, but no better than what you already have.
Stay away from anything to do with TradeAngle. I just lost a lot of money with them during this past month of volatility. I also know they lost an enormous amount of money - in excess of $10 million - in one day in November. Don't know where this is going but some lawsuits are pending. Too much volatility - too much leverage - no one watching the ship.
I heard their managed fund blew up, and had an 80% loss for the month!!!!
While this thread is rather old I thought I'd offer some insight into TAS tools and trading. For me, I thought they were the best tools I've ever seen. And while I too know they lost a lot of money as has been stated previously I think it's important to separate bad tools from bad trading decisions. TAS was one of the very first rooms I visited when I began learning to trade Futures. I leased and spent a lot of time studying and trying to figure them out. Once again, I was new, inexperienced and, I hate to say, immature. I spent Hundred of hours looking at different charts (Minute, Tick, Volume and Range) and different timeframes and different settings. Sound familiar to anyone. While I was not looking for the Holy Grail I was looking for a large enough chart that captured the dynamic nature of the ES and yet a small enough chart so as not to get blown out of the water with my small trading account. Looking back now, as I've grown and matured as a trader, I was looking for something that didn't exist. While still maturing, learning and developing Market wisdom and savy, I'm using TAS tools in a way that I never would have considered when I first began. The trick to trading TAS tools is in trading multiple timeframes on a larger scale. I trade the tools on Volume charts that are over 40K and on Range charts that are over 8 ticks. I actually trade 7 TAS charts that do an outstanding job of capturing the Market and key turning points. By using different type charts and looking for areas where multiple price levels line up (confluence) I can find key levels of interest. Make no mistake, TAS tools are not easy to learn (or maybe I'm just dumb) but at the end of the day thay have done an incredible job of identifying key levels of interest.
