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Has anyone ever heard of Felton Trading? (www.feltontrading.com)
Started:October 6th, 2009 (12:17 PM) by sp139214 Views / Replies:58,423 / 383
Last Reply:January 7th, 2014 (02:59 PM) Attachments:23

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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

Old October 6th, 2009, 12:17 PM   #1 (permalink)
Elite Member
Norcross, Ga
 
Trading Experience: Advanced
Platform: NinjaTrader, Tradestation, Think Or Swim
Broker/Data: Mirus Zen-Fire
Favorite Instrument: ES
 
Posts: 15 since Sep 2009
Thanks: 4 given, 1 received

Has anyone ever heard of Felton Trading? (www.feltontrading.com)

Has anyone ever hear of Felton Trading?

I was out surfing on several locations and was wondering if anyone had tried this?

www.feltontrading.com

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Old October 6th, 2009, 12:29 PM   #2 (permalink)
Member
USA
 
Trading Experience: Beginner
Platform: NinjaTrader
Broker/Data: IB
Favorite Instrument: ES
 
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Posts: 163 since Jul 2009
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Never heard of him. Go to the "contact us" link and email the representatives and request a copy of a recent month of actual (not hypothetical) trades. If they actually send you a copy, call the brokerage and verify the account exist.

If they don't send a copy of recent real account trades...I'd pass.

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Old October 6th, 2009, 12:32 PM   #3 (permalink)
Member
canada
 
Trading Experience: Intermediate
Platform: ninja trader
Broker/Data: infiniti
Favorite Instrument: es
 
Posts: 35 since Jun 2009
Thanks: 4 given, 8 received


hi felton trading is another few thousand $ system or systems one of the many out there.

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Old October 6th, 2009, 01:00 PM   #4 (permalink)
Elite Member
USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
 
gfg1's Avatar
 
Posts: 73 since Sep 2009
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Has anyone ever hear of Felton Trading?

He was formerly with Traders International (I think) and then branched out on his own. Met with him in Austin, TX, a couple years ago. Nice enough guy, but for what it costs, you would be better off trying something else. Just my opinion

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Old October 6th, 2009, 01:38 PM   #5 (permalink)
Elite Member
Gainesville, FL
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Cannon/Rythmic
Favorite Instrument: CL
 
Posts: 9 since Aug 2009
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Current BMT User Poll

Should sim traders that pretend to trade cash be allowed on BMT?

 
I agree with gfg1... a very pricy system with visual bells and whistles and an auto add-on (additional cost). However it is simply based on stoch/macd divergence.....nothing you can't accomplish for free with the vast resources available to you on forums such as this.

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Old December 18th, 2009, 05:36 PM   #6 (permalink)
Trading Apprentice
sarasota fl
 
Trading Experience: Intermediate
Platform: esignal ninja trader
Broker/Data: IB esignal
Favorite Instrument: eur/usd
 
Posts: 39 since Dec 2009
Thanks: 30 given, 8 received

If you are new to trading or just had no luck with your last course. Give this a look. They are great teachers and they will get yo trading with a profit.

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Old January 10th, 2010, 03:14 PM   #7 (permalink)
Elite Member
waiblingen Germany
 
Trading Experience: Intermediate
Platform: ninja, Meta 4
Broker/Data: Mirus Zenfire
Favorite Instrument: ES, forex
 
Posts: 49 since Jul 2009
Thanks: 7 given, 1 received

I had a subsciption one year ago, but I was not satisfied!

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Old January 10th, 2010, 05:13 PM   #8 (permalink)
Membership Revoked
United States of America
 
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Southern fried snake oil.

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Old December 6th, 2010, 02:34 PM   #9 (permalink)
Elite Member
Sydney NSW Australia
 
Trading Experience: Intermediate
Platform: NinjaTrader, TradeStation
Broker/Data: Mirus Futures/Zen-Fire & Tradestation
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Posts: 14 since Dec 2010
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I like it

I've done so many courses I'm embarrassed but as the doer of so many courses I think Felton's the best. But as with the all of these courses you have to backtest and I suggest eyeballing it with pencil & paper & find out if it works. Try it with differing timeframes & bars, make some practice money then trade with the discipline of an olympic athlete, i.e. own it. If you've got to pick one Felton's good.

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Old December 6th, 2010, 08:58 PM   #10 (permalink)
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Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Instrument: SPY, Oil, Euro
 
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I took their trial a few years ago. It is the exact same system as Trader's International. Look for price double top/double bottom, accompanied with MACD divergence, and Stochastics potential divergence. Enter at the close of the bar that turns the diverging MACD in the direction of the trade. Recently they programmed that strategy into some packaged products and say the indicators are proprietery, but the indicators are still just your basic MACD and Stochastics. If you experiment with a few different settings of the MACD and Stochastics, you will get the exact same signals, and you will learn more about these indicators as well.

The only thing you have to watch out for is that MACD divergences are awesome in more sideways action, but will send you to the poor house in a strong impulsing market. As a scalper, I've taken 4, 5, 6 losing MACD divergence entries in a row in a strong impulsing move! That can be demoralizing. I've now replaced the MACD with the RSI, because it gives fewer bad divergence entries.

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