Tuesday, January 19, 2010

Winner of the Dec 2009-DEMO Surefire Trading Challenge

This is for the benefit of any trader unaware of the unfair, unethical, deceiving and outright fraudulent practices from this company in Umhlanga,South Africa.They shouldn't even have an online presence because they are a disgrace to the onlinetrading industry. These people are also irresponsible, unaccountable, extremely lazy, and dim-witted.The only reason they get away with it is because there is no International regulations,and no laws protecting the public in any country, otherwise they would have been out of business a long time ago:

Using the Ninja Trader Demo Platform with Zen-Fire data feed, my friend and trader, obtain the highest percentage gain, but the Director , Adrian Jones refused to recognize him after submitting all the required documentation and reports generated by Ninja Trader:

The reason I vouch for him is because I know him as a very good and experienced trader and a very honest individual and he put in many hours of hard work to win this competition.We as traders should support each other, that is my believe.Those readers of this Blog that don't believe in helping other traders should refrain from sending your selfish prejudised biased comments.The overwhelming evidence is here for all to see.

Here is the initial verification process conducted by Mark McRea, there is clear evidence that he was unfairly treated: One day he was told by Mark McRae that the verification was going well and almost done and the next day Mr Adrian Jones changed the rules displaying a complete lack of trust and prejudging the whole process without any merits or any evidence to disqualify.His unethical and irresponsible wrong decision to eliminate and withdraw legitimate competitor from winning the competition was an injustice and a complete lack of professionalism and very low standards .Without any doubt whatsoever there was foul play here in this verification process:

I only hope this frustrating experience does not happen to another trader participating in the Surefire Trading Challenge.Traders BEWARE !


[1/15/2010 6:10:33 AM] Mark McRae:

Hi Mr.Trader please advise when you get this message i would just like to contact you again for a few minutes as the verification is now almost over thanks Adrian

[1/15/2010 9:14:12 AM] Trader: got the message. ready to begin...

[1/15/2010 9:38:25 AM] Mark McRae: hi al one moment please are you still there

[1/15/2010 9:38:49 AM] Trader: yes

[1/15/2010 9:39:10 AM] Mark McRae: Hi Trader, Wesley here...

[1/15/2010 9:39:29 AM Edited 9:39:34 AM] Mark McRae: Just taking over for Adrian coz I have used NinjaTrader a few times before...

[1/15/2010 9:40:31 AM] Mark McRae: Do you know how to generate a statement with your trading platform?

[1/15/2010 9:41:24 AM] Trader: yes, the statement was already sent to Adrian/Mark, do you need to see another one?

[1/15/2010 9:42:05 AM] Mark McRae: Ah, ok I see that you sent thru an image, showing the initial cash value...

[1/15/2010 9:42:26 AM] Mark McRae: What we actually need is a statement generated by the platform so that we can go thru your individual trades...

[1/15/2010 9:44:06 AM] Trader: Sent the Statement for Dec 01 to Dec 31 2009. The individual trades in Ninja Trader is called the transaction report, is that what you need?

[1/15/2010 9:44:58 AM Edited 9:45:01 AM] Mark McRae: Ok, let me have a look at the mailbox and see if I can pull up your statement, what email address did u send it from?

[1/15/2010 9:45:34 AM] Mark McRae: Also we need to get a report that includes the 31st of December as well so that we can confirm the close balance and check that there were no more trades opened...

[1/15/2010 9:45:45 AM] Mark McRae: ok, thanks Trader, give me a sec plz...

[1/15/2010 9:51:58 AM] Mark McRae: Ah, I see...

[1/15/2010 9:52:21 AM] Mark McRae: Ok, the demo part of the challenge cannot be run on a simulator as such...

[1/15/2010 9:52:42 AM] Mark McRae: It has to be on real live market data but using virtual cash.

[1/15/2010 9:54:11 AM] Mark McRae: Do you have live account results or a demo (not simulator) results that you can enter into the challenge?

[1/15/2010 9:57:54 AM] Trader: The Ninja Trader simulator/demo runs with real live data from Zen-Fire , that is confirmed by any Ninja Trader Brokerage. It is the same as a Demo usually given for 30 days free trial. What was sent to Adrian was the Demo Statement and that can be confirmed with the AMP brokerage in Chicago and the Dorman FCM , they both can confirm that Ninja Trader is the actual Demo, do you want their phone numbers?

[1/15/2010 9:58:27 AM] Mark McRae: Ah, so u did not run it on the simulator account?

[1/15/2010 9:59:02 AM] Mark McRae: As far as I know, u can run a simulated account on ur NinjaTrader platform without even an internet connection...

[1/15/2010 9:59:06 AM] Trader: How can it be without an internet connection when the data provider is Zen-Fire ! ?, it is a Demo account given by Ninja Trader, Sir !

[1/15/2010 10:00:20 AM] Trader: You can confirm with Zen-Fire and Ninja Trader customer support that what I sent to Adrian was a real Demo account, do you need their phone numbers?

[1/15/2010 10:01:40 AM] Mark McRae: We can confirm whether or not the demo account uses live data so that should be no problem, what we actually need is a statement for December from the 1st until the 31st so that we can check it against a chart and confirm the trades...

[1/15/2010 10:02:17 AM] Mark McRae: By the way, do you use an automated trading system or do u trade manually?

[1/15/2010 10:03:44 AM] Trader: The June 2009 Statement was the Brokerage live account. The live account was performed or traded using the same Ninja Trader Platform, which was used as a Demo with live Zen-Fire data feed, again all this can be confirm with a phone call to the clearing firm in Chicago,ILL

[1/15/2010 10:04:45 AM] Trader: No automated, only manual. Trades were entered manually

[1/15/2010 10:05:07 AM] Mark McRae: Yes, but we need to show a statement of results for trades placed in December only, can you send us a statement showing your trades in December?

[1/15/2010 10:05:29 AM] Mark McRae: Or maybe you can get the broker to send it to you and then forward it on to us?

[1/15/2010 10:06:00 AM] Mark McRae: The broker wont divulge much info about an account we do not hold

[1/15/2010 10:06:27 AM] Mark McRae: So we wont be able to request this info from them for your account.

[1/15/2010 10:07:14 AM] Mark McRae: If you can send us the transaction list you mentioned earlier for December I think that might do the trick

[1/15/2010 10:10:29 AM] Trader: _____ is the clearing house for the broker____, they do NOT maintain or issue a Demo Statement for customers. Only Ninja Trader does that. The transaction statement from the Ninja Trade Platform is available, that I can send to you.

[1/15/2010 10:12:45 AM] Mark McRae: Ok, we can take a look at the transaction statement was run up until the 31st of December in order for us to be able to confirm that no further positions were opened without the shadow of a doubt. Also remember that these statements are made available to our club members and they will scrutinize it to the fullest extent so to be on the safe side we need to include the 31st of Dec.

[1/15/2010 10:40:38 AM] Mark McRae: Well, if you have a method that is good we're always looking for good content, we may be able to work with you on disclosing the method to our club members and offer you a prize

[1/15/2010 10:42:02 AM] Mark McRae: We do sometimes put traders in a special category if they are able to complete the processes we have in place for disclosing their systems and we then offer them the same prize money...

[1/15/2010 10:42:38 AM] Trader: Fine, will send the Statement from Ninja Trader Platform ( Performance) again for the second time. Thank you for the explanation. Sorry for any inconvenience.

[1/15/2010 10:44:02 AM] Mark McRae: No trouble at all Trader, just hope that I was able to help out in some way. If there's anything u're not sure about or if u have any questions just drop us a line and we'll be more than happy to help out in any way that we can.

[1/15/2010 10:45:10 AM] Mark McRae: We need to perform a live verification on your account as well, would you be available to do a teamviewer session with either Adrian or myself on Monday? it would take us roughly 15-25 mins to complete

[1/15/2010 10:46:09 AM] Trader: Monday is good for me after 12pm( noon ) est is fine,

[1/15/2010 10:47:10 AM] Mark McRae: Just checking if we have any other verifications setup for noon, one sec...

[1/15/2010 10:47:58 AM] Mark McRae: We have another 2 verifications setup for noon on Monday, would be available around 10 am EST?

[1/15/2010 10:51:09 AM] Trader: 10am is good for me, thanks Mark will send you the report in a few minutes.

[1/15/2010 10:51:47 AM] Mark McRae: No trouble at all, glad to help out Trader, looking forward to chatting with you on Monday

[1/15/2010 11:29:02 AM] Trader: Statement was sent, please confirm
[1/15/2010 12:20:04 PM] Trader: ATTN: Mark

[1/15/2010 12:20:32 PM] Mark McRae: Hey Trader, Wesley here...
[1/15/2010 12:20:45 PM] Mark McRae: Just had a look at your image...
[1/15/2010 12:21:34 PM] Mark McRae: If you click on the Executions tab and then right click on the results, you will get the option to export to and Excel document, can you export the transaction to Excel and send this to us?

[1/15/2010 12:22:44 PM] Mark McRae: Hold on, let me just confirm that...
[1/15/2010 12:22:52 PM] Mark McRae: It might be the Trades tab and not Executions

[1/15/2010 12:24:15 PM] Mark McRae: Then choose the Export to Excel option...
[1/15/2010 12:24:33 PM] Mark McRae: Then save the file on your drive...
[1/15/2010 12:24:48 PM] Mark McRae: Once you have this file saved you can email it or send it to me thru Skype

[1/15/2010 12:25:19 PM] Trader: Have it on Excel Spreadsheet but the program does not have a way to export to my email.. You mean from Excel then save to my computer?
[1/15/2010 12:26:01 PM] Mark McRae: I mean save the Excel file on your computer then you can just drag and drop the file here on this chat window and I can get a copy that way

[1/15/2010 12:27:33 PM] Mark McRae: Cool, I'm here, just let me know if you run into any trouble

[1/15/2010 12:33:46 PM] Mark McRae: thats it :)
[1/15/2010 12:34:03 PM] Mark McRae: this will take a few minutes so stay logged in to your skype account
[1/15/2010 12:34:23 PM] Mark McRae: i see that you made a ton of trades, we'll let Adrian go thru them all (chuckle)

[1/15/2010 12:35:04 PM] Trader: started with one lot then bulit up to 8,000

[1/15/2010 12:35:37 PM] Mark McRae: i'm just lookin at the stats, its amazing, how on earth did u place more than 400 trades on average per day?

[1/15/2010 12:36:52 PM] Trader: There is actually much less than that per day, that is how the Ninja Trader paltform counts each lot by separating them. The lot size was large of course, how else are you going to get a high percentage from 10K starting balance? Not against the rules, correct?

[1/15/2010 12:37:29 PM] Mark McRae: Hmmm, i see what you mean, how did u come up with your method?

[1/15/2010 12:38:08 PM] Trader: Hard work, practice, observation and years of screen time

[1/15/2010 12:38:48 PM] Mark McRae: Just opened the file up here on my side, this looks like exactly what we need, Adrian will go thru it all and verify it with you on Monday when you guys meet for the live verification...

[1/15/2010 12:39:03 PM] Mark McRae: lol, how long have u been trading then?

[1/15/2010 12:39:47 PM] Mark McRae: btw, u trade forex right?

[1/15/2010 12:40:17 PM] Trader: since 1994 started with Futures

[1/15/2010 12:41:03 PM] Trader : Traded Forex Futures in the Strategy Runner International Tournament and finished in first place , won $500

[1/15/2010 12:41:36 PM] Mark McRae: Wow! You seem to have cracked it now, with a % gain like that u're gonna be a celebrity pretty soon lol

[1/15/2010 12:42:56 PM] Mark McRae: I'm gonna forward this to Adrian now so he can work thru it on Monday, we're actually closed up here for the day, I'm at my home office connected via remote desktop

[1/15/2010 12:43:47 PM] Trader: glad you aprove of everything I have sent you, thanks, have a good day, Sir

[1/15/2010 12:44:27 PM] Mark McRae: It's Friday night here already so I'll be out and about for a bit but I just setup some backtests so I'll be checking in every once in a while so if u need anything just drop me a line

[1/15/2010 12:45:19 PM] Mark McRae: Thanks for taking the time to get these statements to us, I'm sure all will check out fine so looking forward to working with you (y)

[1/15/2010 12:45:20 PM] Trader: did you received the Monthly Statement?
[1/15/2010 12:45:29 PM] Mark McRae: The one sent via email?
[1/15/2010 12:45:33 PM] Trader: yes

[1/15/2010 12:46:28 PM] Trader: So, there is just another day of verification left?

[1/15/2010 12:46:31 PM] Mark McRae: Yes, one day left. I got the excel sheet is actually the main one, but the image will serve as supporting docs so all looks good so far on my side, we'll have to let Adrian have a go at it but should be fine so you just take it easy and enjoy the weekend

[1/15/2010 12:46:46 PM] Mark McRae: Yes, the live verification takes about 20 mins
[1/15/2010 12:46:59 PM] Trader: have a good one

[1/15/2010 12:47:00 PM] Mark McRae: Then we get on to disclosing your method, we have processes in place that make it easy

[1/15/2010 12:47:14 PM] Mark McRae: Adrian will bring you up to speed with all that
[1/15/2010 12:47:39 PM] Mark McRae: Thanks Trader, you as well, chat soon (wave)
[1/15/2010 12:48:07 PM] Trader: Will be interested in seeing the others method to compare or improve my.


[1/18/2010 9:12:28 AM] Adrian: Hi Trader, Adrian-director, here please add me as a contact this is my personal Skype

[1/18/2010 9:14:42 AM] Trader: will do
[1/18/2010 9:14:51 AM] : Trader has shared contact details with Adrian.
[1/18/2010 9:15:02 AM] : done

[1/18/2010 9:21:01 AM] Adrian: OK Trader DO YOU HAVE A HEADESET CAN I CONTACT YOU NOW?

[1/18/2010 9:21:07 AM] Adrian: Sorry caps on

[1/18/2010 9:22:19 AM] Trader: No headset. Can you contact thru my cell phone?

[1/18/2010 9:26:26 AM] Adrian: ok will do ...just a minute please
[1/18/2010 9:30:48 AM] Adrian: do you have the excel tsheet from friday thats
[1/18/2010 9:31:38 AM] Adrian: on left it under account it says sim101
[1/18/2010 9:31:44 AM] Adrian: simulated account?

[1/18/2010 9:32:26 AM] Trader: NO. Simulated means NO REAL MONEY .The data feed is provided externally. But of course , you probably know that already !

[1/18/2010 9:32:35 AM] Trader: data feed by Zen-Fire
[1/18/2010 9:32:48 AM] Trader: NO REAL MONEY

[1/18/2010 9:33:00 AM] Adrian: zen fire ..broker?

[1/18/2010 9:33:34 AM] Trader: • NO, that is a market data feed service for the brokerage account... is all that is required to drive simulated trading in NinjaTrader. They currently support the following connectivity providers: Zen-Fire .

[1/18/2010 9:34:01 AM] Trader: The data feed is live

[1/18/2010 9:34:36 AM] Adrian: i need confirmation from that trades were actually entered and that you had a start balance of $50 on 1 December usually a brokerage account is necessary for that.. did you have any brokerage account?

[1/18/2010 9:34:36 AM] Trader: The trades were entered MANUALLY , why do you doubt otherwise? The Broker is not Zen-Fire

[1/18/2010 9:35:19 AM] Trader: Yes, my brokerage account statement was sent to Mark on Friday

[1/18/2010 9:35:31 AM] Adrian: who is the broker?

[1/18/2010 9:35:55 AM] Trader: The Broker is ______ . , does not keep records of the Demo Trading as you already know that...

[1/18/2010 9:36:13 AM] Trader: _________Futures is the Broker

[1/18/2010 9:36:51 AM] Adrian: can _______ Futures not confirm any balance in the account for December then?

[1/18/2010 9:37:29 AM] Trader: Yes , in the live account only. They send me the Monthly Statement for Dec 2009, do you need to see it?

[1/18/2010 9:38:51 AM] Adrian: yes please thats the statement i will work off ..from 1 to 31 december confirming start balance and end balance and any open trades for that month

[1/18/2010 9:40:54 AM] Trader: The Demo trades will NOT show in the Monthly statement.The clearing house or FCM is ______, they never keep any Demo trades, is that ok?, Mark told me on Friday he only needed the Transaction Report

[1/18/2010 9:41:44 AM] Trader: Transaction Report is generated by the Demo Platform: Ninja Trader

[1/18/2010 9:42:56 AM] Adrian: well the transaction report you sent unfortunatly doesn't show any start balance and would need to be generated by the broker. If ninja trader is not the broker we then need the broker transaction report..can you email me the statement of global futures as confirmation of this

[1/18/2010 9:44:13 AM] Trader:The start balance is shown in the Performance Report.Yes, will send you the Monthly Statement start balance and end balance for the Month of December 2009, but it does not include the DEMO balance , is that OK?

[1/18/2010 9:45:20 AM] Adrian: Trader just for now ending call lkets carry on writing

[1/18/2010 9:46:14 AM] Trader: Here in the USA, the Broker does not generate the Statements, only the Clearing firm does that, ALL Brokers here in USA are the same

[1/18/2010 9:46:38 AM] Adrian: the statement must disclose all trades for the month ...including any open trades so that i can determine lot sizes and add up the profit/losses for the month ..

[1/18/2010 9:47:09 AM] Adrian: If the clearing firm can do this then i can have a look at it
[1/18/2010 9:47:22 AM] Trader: Are you refering to the Demo trades?

[1/18/2010 9:47:32 AM] Adrian: yes all the demo trades
[1/18/2010 9:47:39 AM] Adrian: for december
[1/18/2010 9:48:27 AM] Trader: The Demo trades are NOT shown on the Monthly statement, the clearinghouse does not keep that record, you can confirm with them.

[1/18/2010 9:50:49 AM] Adrian: ok just to be clear :
Broker cannot confirm statement of account .Clearing house can't confirm the statement

[1/18/2010 9:52:53 AM] Trader: The Demo trades are shown in the Ninja Trader Transaction Report, tha Mark McRae appoved last Friday. Broker can only show the Real Money Balance NOT the Demo balance, why are you making this process so difficult when I have given you all the requested reports?

[1/18/2010 9:54:04 AM] Trader: The Demo Balance is provided by Ninja Trader as NOT REAL MONEY

[1/18/2010 9:54:21 AM] Adrian: Unfortunately that was based on impression that the brokers may be able to back up these trades with an account statement of some sort. withoiut the broker confirming the balance etc we can't pass you

[1/18/2010 9:55:25 AM] Adrian: the other issue is the simulated account. when simulated it appears that these charts are not "real " they are randomly made up or use algorithyms etc but arenot based on real time charts

[1/18/2010 9:56:30 AM] Trader: Real time charts? You have not seen any charts yet ! What evidence do you have to conclude that the trades were done with an Algorithms program ? How can the Broker or Clearing firm confirm the DEMO or Simulated trades when that is NOT real Money? No clearing firm in any country does that !

[1/18/2010 9:57:20 AM] Adrian: all our contestants send in there broker staememts

[1/18/2010 9:58:01 AM] Trader: The Demo trades are based on real live data, you can confirm that with Ninja Trader and with Zen-Fire." Simulated" means NO REAL MONEY, does not have anything to do with the live data , you are making this more confusing than it is, why ?

[1/18/2010 9:59:48 AM] Adrian: you see whether thats the case or not i still don't have a statement that for our competition pruposes i can say i can verify to my satisfaction

[1/18/2010 10:00:11 AM] Trader: I can send you my broker Statement and you can verify directly with them that they don't keep any record of DEMO ( NOT REAL MONEY )

[1/18/2010 10:00:30 AM] Trader: Will send you the statement now, in a few minutes
[1/18/2010 10:01:01 AM] Adrian: if they don't keep a record unforunately i can't confirm the statement..please send it though and i'll take a look for you

[1/18/2010 10:01:07 AM] Trader: Can you confirm with Ninja Trader or Zen-Fire?
[1/18/2010 10:02:39 AM] Adrian: well let me check the statement first and then i can contact them also for you AL

[1/18/2010 10:03:40 AM] Adrian: Thanks for now Trader, let me first check what you send
[1/18/2010 10:03:43 AM] Trader: will need a few minutes to send you the statement
[1/18/2010 10:04:44 AM] Adrian: (y)

[1/18/2010 10:23:15 AM] Adrian: Hi Trader , thanks
[1/18/2010 10:23:48 AM] Adrian: Just to confirm though ..begining balance $1,000,000 Ending balance $1,000,000

[1/18/2010 10:25:16 AM] Trader: did you get it?
[1/18/2010 10:26:58 AM] Adrian: i did thanks..just that begining balance for dec $1000000 and ending balance same...

[1/18/2010 10:27:46 AM] Trader: That is real money balance not DEMO
[1/18/2010 10:28:01 AM] Adrian: oh i see ok

[1/18/2010 10:34:02 AM] Adrian: Trader, unfortunately i'm not able to properly verify your account at this stage as i have no broker account to work with and unlikely that i can get a demo account for the competition. this is in no way saying that you have not traded well..its just that for our competition purposes the parameters for verification have not been met so i think it best that i withdraw you from the competition at this stage and will do a bit more study of ninja trading before i can confrim whether we can accept the entry

[1/18/2010 10:35:13 AM] Trader: What do you need specificaly to verify the account?
[1/18/2010 10:36:13 AM] Trader: Already sent you the Broker account with more than the minimun as require by the Challenge Rules !

[1/18/2010 10:37:08 AM] Trader: demo account from the competition? please explain

[1/18/2010 10:38:47 AM] Trader: Why is the Broker account that was sent NOT good enough? please advice.I can contact my broker to generate another statement.Plaese advice

[1/18/2010 10:39:41 AM] Trader: Why is the Broker account that was just sent to you not good enough? please advice

[1/18/2010 10:41:06 AM] Adrian: see its a live account not a demo account
[1/18/2010 10:41:55 AM] Adrian: the broker statement needs to be verified and i don't have a demo broker account to verify

[1/18/2010 10:42:06 AM] Trader: Why is the Ninja Trader Reports not good for verification of all trades when you can confirm with them that they are valid real time trades? Please Advice

[1/18/2010 10:42:38 AM] Adrian: i will be confirming with them but they don't act as your broker
[1/18/2010 10:44:11 AM] Trader: Demo Broker account? Why can you accept the Thruth that the Brokers, any broker does not generate DEMO Statements, do you need their phone number to verify?
[1/18/2010 10:45:02 AM] Trader: Are the Broker in other countries issue Demo Statements?

[1/18/2010 10:46:29 AM] Adrian: yes we have statements on demo accounts from brokers around the world ...let me just investigate first for you though as i have to abide by our usual verification procedure in the meantime

[1/18/2010 10:48:10 AM] Trader: Please provide one example of a Broker in the USA that generates DEMO Trades on their Statements, will like to see one, please advice

[1/18/2010 10:49:17 AM] Adrian: as i say i will investigate this for you ..if they don't then we cant accept an demo trades for USA

[1/18/2010 10:49:43 AM] Trader: Would you like to be contacted by my Broker to discuss this?
[1/18/2010 10:51:14 AM] Adrian: if they would do that that would be fine with me but still leaves the problem..as i say for our competition..that we need a statement to verify

[1/18/2010 10:53:24 AM] Trader: You are making unreasonable demands .Why can you verify the trades with the Nija Trader Report? They are genuene and valid, please explain. The Challenge Rules specifies that all Brokers worldwide are accepted, does not imply that DEMO accounts have to be direct from the Broker !, Please confirm

[1/18/2010 10:54:47 AM] Adrian: if they are brokers then its fine ..like i say i have to investage this a little first
[1/18/2010 10:57:43 AM] Trader: My Broker may be able to generate the Demo trades statement, would that be acceptable?

[1/18/2010 10:59:28 AM] Adrian: that would be great if they could that would solve the problem can you request them to do it Al they won't give your statement to me only their client

[1/18/2010 11:01:21 AM] Trader: Understand, Trying to work this out.Would like to know why the Ninja Trader Report is not acceptable, there must be a reason.

[1/18/2010 11:02:56 AM] Adrian: simply because they don't receive the orders to trade the brokers do

[1/18/2010 11:04:07 AM] Adrian: look lets see what we can do over the next day or so then it'll be clearer what we can do

[1/18/2010 11:04:19 AM] Trader: The orders to trade are received by Zen-Fire, why don't you trust Zen-Fire the data provided.

[1/18/2010 11:07:07 AM] Adrian: Trader, Lets just try get the brokers answer first then we can move from there

[1/18/2010 11:08:11 AM] Trader: The Broker said they can only send a EXCEL Report with their Name , is that ok?

[1/18/2010 11:08:42 AM] Adrian: if its emailed directly from them i can have a look at it
[1/18/2010 11:09:21 AM] Trader: They said, there are too many trades and it does not fit in a normal Statement

[1/18/2010 11:09:54 AM] Trader: They said it is too costly but will like to know if an EXCEL Report is ok?

[1/18/2010 11:10:30 AM] Adrian: :) thats ok they must just have letterhead and emailed to me from their adress for me to confirm

[1/18/2010 11:11:24 AM] Trader: Will see what can be done need a few days. You have not explain why the Ninja Reports are not good enough for the DEMO trades and your demands are unreasonable and very unusual for a trading competition.

[1/18/2010 11:39:33 AM] Trader: My Broker said they can provide the EXCEL Letterhead Report but will email it to me the Client not to another third party, that is their policy. Please advice

[1/18/2010 2:36:25 PM] : Adrian : well the transaction report you sent unfortunately doesn't show any start balance and would need to be generated by the broker. If ninja trader is not the broker we then need the broker transaction report..can you email me the statement of global futures as confirmation of this ?

Obviously you are not familiar with that platform. Also Mark made a statement yesterday that proves my point. The Ninja Trader platform numbers the trades in a list and separates each lot. Therefore the first day of December the total trades were actually only 24 NOT 69 like it shows in the EXCEL Report or in the Transaction Report generated by the plarform. Then you stated that it looks like Algorithms, which is FALSE.

[1/18/2010 2:40:20 PM] Trader: So, the total trades does NOT average 400 per day like Mark stated yesterday, the actual average is much less.Example the first day of December. If you look at the left hand number column you can see that it goes up to 69 but you can also see that each Entry with the same price is separated and therefore is ONLY 24 trades not 69.

[10:40:35 AM] Trader: Quote: "Up till that point we had received screenshots which to our mind were not sufficient"

If you don't TRUST the " screenshots" why don't you see a live Log In into my Ninja Trader? Odviously that is not your intentions because your pre-judgments does not allow you to be fair minded. It is only an excuse Mr Adrian.

Will try to change my surname for you Mr Adrian , that is probably the real issue..

1 comment:

  1. Hello:

    Thank you for your note and use of NinjaTrader. I am not sure why the sponsors of this challenge do not trust NinjaTrader and they may not be familiar with it to authorize for their competition. I would be glad to work with them so they understand how NinjaTrader works and then they could decide if it is a permissible application but it is up to them on what platforms are made available for their competition.Also it looks like they are not conducting a fair verification process.

    NinjaTrader Customer Service
    PS> We are authorized for the World Cup Trading Challange if that is of interest to you.
    NinjaTrader is a FREE application for advanced charting, market analytics, system development/backtesting and trade simulation.