After 15 months of trading TradeThink i feel qualified to post real world TradeThink performance vs. TradeThink hypothetical claims. The actual real world TradeThink results for the quarter ending March 29 show a 30% draw down. I started with $300,000USD January 1st 2012. At the end of March three months later the value was $200,000USD. A client starting to trade on Jan 1st 2012 with TradeThink would now be worth $185,000USD. The extra draw down is caused by the cost of a once a year TradeThink subscription. TradeThink does a poor job of reporting fresh data.information claimed performance for the quarter ending March 29 at a positive 2 to 5%. The results are at least concerning. The divergence has no correlation to TradeThink reports. TradeThink advertises one history while real world results prove another. The system is off by a factor of 6. I am a TradeThink trader and client myself. I am publicly admitting i was taken in by Jason Morse and his sales pitch. The websites allowance for slippage is also a number which has no basis in reality. TradeThink is not a new commodity trading system. How does a system that’s been around for as long as TradeThink survive without proving itself against other systems? In every independent system comparison published and there are many, TradeThink is not included. My sources tell me TradeThink has been asked by many to submit TradeThink for testing and comparison, and it never is.in the past TradeThink bread and butter relied on an older group of rich clients. Most of those older rich folks don’t use social media, and were brought up never to talk about money. When a trading system they used failed, it was common to never hear about it. Most people are reluctant to admit to other people we’ve made a mistake that cost us money. The internet has caused a new wave of computer traders who use social media to broadcast the truth about trading systems that work, and others like TradeThink that don’t. TradeThink should get more honest exposure to systems which have been proven and publish those results. A new wave of commodity Traders using social media can now find better tools and products then TradeThink. Now the value of a system will be determined by traders successful use of it. At this time TradeThink has reverted so far below mean performance it has the developers worried it may need to be trashed and totally rewritten. It’s really a worthless trading tool. My experience with Jason and TradeThink causes me to question the ethics and honesty of people who sell any trading system which doesn’t submit to extensive independent testing.
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