++1.
You can only gain profitability after many years (> 5 years) of experience and commitments, plus you should be at least smart and has data driven mind.
SpreadProfessor Clients - Thanks !
- Thread starter bone
- Start date
You can only gain profitability after many years (> 5 years) of experience and commitments, plus you should be at least smart and has data driven mind.
RockMachine:
At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service.
1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them first. New clients after a few weeks/months are encouraged to post their trade setups. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn't teach this stuff.
2. The Guy really cares = Hell Yes! I'm on my 10th month of a 6month contract. Why? because I'm not ready.
But to be clear, I contribute and I want it!
3. The $500k trade issue = Don't know. Semantics wise, if I were to make x$ in say the "Crack spread" for 2013, I would phrase it " I made X$ trading the Crack Spread last year. "
4. Is this the Turtle Experiment = Kinda. Richard Dennis said that he could publish his strategy in print and MOST people would lose money. In fact his original group has some who prospered and others who crashed.
Weakest link is always the trader.
5. Overall, Bone's experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100's of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys.
6. Finally, I have met and worked with a few people on ET, some were good, others would eat their children for $500..YOU KNOW who you are.. As for Bone, he's legit and cares and is very cautious as to working with the right people and especially before he lets you trade live.
Eudamonia:
As a current client I made my decision regarding Bone's services based on discussions with his references (former clients). Were they able to apply what Bone taught them and derive an edge? And the answer to that was yes - although it would require a lot of work on my part to learn the system (hence why it is a 6+ month contract).
Currently, after four months of simulated trading I'm sitting on a 70% win ratio with a 1:1 reward to risk. Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better. After a few more months I will switch over to live and anticipate I'll see similar results in a live account (because I have accounted for commissions and slippage in my estimates).
I don't believe that my $7,500 has been anything but an excellent investment and highly recommend Bone's services.
R1234:
I signed up with spread professor last year. When I first signed up I must admit I was a bit concerned it might be a waste of money or maybe even a scam. But as I began adding his method to my existing methods I can say it does add value and I have more than made back my investment. His method is legit if used consistently and does carry an edge.
J:Law:
For all the naysayers & harsh critics of Bone & his spreadprofessor services....not only are his offers legitimate & sound. His ethics compass is intact & oriented in the right direction. If you are on the fence about working with him, just know that he has his feet on the ground & you will walk away from the experience with a greater knowledge of futures, spreading & tradecraft in general.
At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service.
1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them first. New clients after a few weeks/months are encouraged to post their trade setups. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn't teach this stuff.
2. The Guy really cares = Hell Yes! I'm on my 10th month of a 6month contract. Why? because I'm not ready.
But to be clear, I contribute and I want it!
3. The $500k trade issue = Don't know. Semantics wise, if I were to make x$ in say the "Crack spread" for 2013, I would phrase it " I made X$ trading the Crack Spread last year. "
4. Is this the Turtle Experiment = Kinda. Richard Dennis said that he could publish his strategy in print and MOST people would lose money. In fact his original group has some who prospered and others who crashed.
Weakest link is always the trader.
5. Overall, Bone's experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100's of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys.
6. Finally, I have met and worked with a few people on ET, some were good, others would eat their children for $500..YOU KNOW who you are.. As for Bone, he's legit and cares and is very cautious as to working with the right people and especially before he lets you trade live.
Eudamonia:
As a current client I made my decision regarding Bone's services based on discussions with his references (former clients). Were they able to apply what Bone taught them and derive an edge? And the answer to that was yes - although it would require a lot of work on my part to learn the system (hence why it is a 6+ month contract).
Currently, after four months of simulated trading I'm sitting on a 70% win ratio with a 1:1 reward to risk. Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better. After a few more months I will switch over to live and anticipate I'll see similar results in a live account (because I have accounted for commissions and slippage in my estimates).
I don't believe that my $7,500 has been anything but an excellent investment and highly recommend Bone's services.
R1234:
I signed up with spread professor last year. When I first signed up I must admit I was a bit concerned it might be a waste of money or maybe even a scam. But as I began adding his method to my existing methods I can say it does add value and I have more than made back my investment. His method is legit if used consistently and does carry an edge.
J:Law:
For all the naysayers & harsh critics of Bone & his spreadprofessor services....not only are his offers legitimate & sound. His ethics compass is intact & oriented in the right direction. If you are on the fence about working with him, just know that he has his feet on the ground & you will walk away from the experience with a greater knowledge of futures, spreading & tradecraft in general.
Wouldn't it be easier to just place the testimonials in the signature?
http://www.elitetrader.com/et/index...+with+Bone&o=date&c[node]=10&c[user][0]=10535
http://www.elitetrader.com/et/index...+with+Bone&o=date&c[node]=10&c[user][0]=10535
Rockmachine and Eudamonia haven't made any money using your methods yet.
hi Bone
Geniune question, can you explain how you create a butterfly strategy out of an intermarket spread? This is a structural question so i gather you can discuss without having to go into details?
I suspect Bone meant to reference intramarket and not intermarket in relation to butterfly and condor spreads. I also suspect that you know that lol.
RockMachine:
At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service.
1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them first. New clients after a few weeks/months are encouraged to post their trade setups. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn't teach this stuff.
2. The Guy really cares = Hell Yes! I'm on my 10th month of a 6month contract. Why? because I'm not ready.
But to be clear, I contribute and I want it!
3. The $500k trade issue = Don't know. Semantics wise, if I were to make x$ in say the "Crack spread" for 2013, I would phrase it " I made X$ trading the Crack Spread last year. "
4. Is this the Turtle Experiment = Kinda. Richard Dennis said that he could publish his strategy in print and MOST people would lose money. In fact his original group has some who prospered and others who crashed.
Weakest link is always the trader.
5. Overall, Bone's experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100's of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys.
6. Finally, I have met and worked with a few people on ET, some were good, others would eat their children for $500..YOU KNOW who you are.. As for Bone, he's legit and cares and is very cautious as to working with the right people and especially before he lets you trade live.
Eudamonia:
As a current client I made my decision regarding Bone's services based on discussions with his references (former clients). Were they able to apply what Bone taught them and derive an edge? And the answer to that was yes - although it would require a lot of work on my part to learn the system (hence why it is a 6+ month contract).
Currently, after four months of simulated trading I'm sitting on a 70% win ratio with a 1:1 reward to risk. Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better. After a few more months I will switch over to live and anticipate I'll see similar results in a live account (because I have accounted for commissions and slippage in my estimates).
I don't believe that my $7,500 has been anything but an excellent investment and highly recommend Bone's services.
R1234:
I signed up with spread professor last year. When I first signed up I must admit I was a bit concerned it might be a waste of money or maybe even a scam. But as I began adding his method to my existing methods I can say it does add value and I have more than made back my investment. His method is legit if used consistently and does carry an edge.
J:Law:
For all the naysayers & harsh critics of Bone & his spreadprofessor services....not only are his offers legitimate & sound. His ethics compass is intact & oriented in the right direction. If you are on the fence about working with him, just know that he has his feet on the ground & you will walk away from the experience with a greater knowledge of futures, spreading & tradecraft in general.
At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service.
1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them first. New clients after a few weeks/months are encouraged to post their trade setups. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn't teach this stuff.
2. The Guy really cares = Hell Yes! I'm on my 10th month of a 6month contract. Why? because I'm not ready.
But to be clear, I contribute and I want it!
3. The $500k trade issue = Don't know. Semantics wise, if I were to make x$ in say the "Crack spread" for 2013, I would phrase it " I made X$ trading the Crack Spread last year. "
4. Is this the Turtle Experiment = Kinda. Richard Dennis said that he could publish his strategy in print and MOST people would lose money. In fact his original group has some who prospered and others who crashed.
Weakest link is always the trader.
5. Overall, Bone's experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100's of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys.
6. Finally, I have met and worked with a few people on ET, some were good, others would eat their children for $500..YOU KNOW who you are.. As for Bone, he's legit and cares and is very cautious as to working with the right people and especially before he lets you trade live.
Eudamonia:
As a current client I made my decision regarding Bone's services based on discussions with his references (former clients). Were they able to apply what Bone taught them and derive an edge? And the answer to that was yes - although it would require a lot of work on my part to learn the system (hence why it is a 6+ month contract).
Currently, after four months of simulated trading I'm sitting on a 70% win ratio with a 1:1 reward to risk. Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better. After a few more months I will switch over to live and anticipate I'll see similar results in a live account (because I have accounted for commissions and slippage in my estimates).
I don't believe that my $7,500 has been anything but an excellent investment and highly recommend Bone's services.
R1234:
I signed up with spread professor last year. When I first signed up I must admit I was a bit concerned it might be a waste of money or maybe even a scam. But as I began adding his method to my existing methods I can say it does add value and I have more than made back my investment. His method is legit if used consistently and does carry an edge.
J:Law:
For all the naysayers & harsh critics of Bone & his spreadprofessor services....not only are his offers legitimate & sound. His ethics compass is intact & oriented in the right direction. If you are on the fence about working with him, just know that he has his feet on the ground & you will walk away from the experience with a greater knowledge of futures, spreading & tradecraft in general.
Rockmachine and Eudamonia haven't made money using your services yet.
Not sure what to make of all the accusations. But, I have to say, this has been one entertaining thread!