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I would hope that a company that wants to follow this model would be smart enough to have lawyers so they arent able to be sued.
I would image that their model is to make money off failed traders as well the only reason i signed up was because of the sale they had and if by some miracle that this is real why not.
I cant image that they will continue to pay people real money at the rate people were passing at the time I was a member unless they have a ton of money stashed somewhere at some point I expect this model to change closer to the TopStep rat race model basically you must be a super accurate trader in order to get funded and eben then your paying them fees.
Like I said I have nothing against the company the current model works for traders but I wouldn't expect that to continue.
Not sure it any of you remember MES Capital basically the same company they did free evaluations probably as a way to get the statistics of failure first handle and model a payout that they lose little or no money at first then once customers are added they will be able to change the rules slowly over time to increase their profit margin.
If your funded I wouldn't hold any money with them as soon as you can take your money I would do it. Continue riding it until it stops.
For people thinking about trying this I would have your system down in a free demo first and wouldn't do more than 2 trials I would do the one with the larger draw down unless your system can make the profit target in days.
My last email to them was asking for the rules that state I cant share my experience with the "community" and for them to remove my information from their servers and have yet to get a reply from those.
I suspected that the person that keep replying to everyone on the board was a One Up Trader employee to try and make people think this was more legit.
If you look at my screenshots he claimed he got paid if he is real this leans toward the ponzi scheme model but as you said would the company be that stupid??
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Life Dynamics. Thank you for your understanding. Last edited: Sep 26, Greenberry , Dreamdemon , NT Germany and 12 others like this.
Any update on this? OlegA and trade4k. I'm Alexander, independent trader. Trade only in prop company's, i have extensive experience working with them.
Took account k. Most traders will not want to buy a lifetime membership to the platform. Another option is to lease the platform. But of course over a lifetime it's a lot more expensive.
If you don't want to lease or buy Ninja Trader, you can always just use it for free and only pay for commissions. If you want to use an outside broker, this option is not available.
If you are an experienced trader with a lot of capital, these extra commissions can eat away your profits fast. Finally, there is one way to use Ninja Trader totally free.
The simulated data feed randomly generates price data that is completely unrelated to the real world. But you can use it to practice as much as you want and pay nothing.
The Kinetick End of Day data feed provides end-of-day price data from the real world. Again, this costs nothing and can be useful if you just want to practice.
Because it only updates once a day, it's only useful to swing or position traders. But if you are one of these kinds of traders, you might want to try it out.
Overall, Ninja Trader offers pricing options for many different kinds of traders. This flexibility is nice regardless of which category you fit into.
When you open Ninja Trader 7 or 8, what you get is a set of windows that can be moved around your screen and put wherever you want. If you use multiple monitors to keep track of things going on in the markets, you can even send each of these windows to different monitors.
The heart of the software is the Control Center window. This can be used to open whatever other windows you need. Clicking on the instruments causes them to be highlighted.
If the instrument you want to trade is not listed, you must type in the symbol for it in the upper-left corner and hit the button to search for it.
In Ninja Trader 8, creating a new chart is much easier to do. And if you type in the name of an instrument, the software will try to figure out what you are looking for and list it for you.
In addition, all of the instruments are listed in the default menu. So you don't even have to use the search bar if you already know what the symbol is for the particular instrument you want to trade.
Overall, either version of the platform has great usability in the sense that they are both very customizable, although NT8 is easier in the beginning.