Trading Mission Review
Today’s review is a futures trading area I initially discovered back in August of 2014. At that moment, the trading area was in operation for just 2.5 weeks and my first screen recordings showed guarantee. On the other hand, the trading area had very little background, a rough looking homemade site, along with the head dealer was a man from Puerto Rico. Now I have to admit, I haven’t met a lot of people from Puerto Rico and maybe I take around a couple of racial stereotypes of the typical Puerto Rican. In fact, individuals with a heavy latin accent remind me of my gardener or maid. Lets jump into the review.Last September 2014 I contacted the area operator, Carlos Diaz and was able to receive a complimentary trial for a week. Throughout the trial week I listed about 23 hours of live trading. The following week, I contacted Carlos with a pencil name and a brand new email address, I again requested a free week of the trading room. The next week, I recorded approximately 26 hours of live trading screen recordings. Since the trading area was fresh, I put the 49 hours of screen recording aside until January.
My Initial Assessment
Carlos reports his trades on a spreadsheet that his embedded on his website. Of course, we have seen many spreadsheets from many different trading room vendors, and have learned that they are mostly worthless, made up nonsense. So, my approach is to review the screen recordings and then match up the trades from the spreadsheet that the moderator posted. Specifically, I want to make sure that the moderator is not creating a “live” trading video from a recorded playback of a previous market session. This is an old trick where they have the market session recorded, they then execute trades over the recorded session, of course they know where the turn points will occur and hence produce amazing trading results. The next thing I look for is to see if the trading room vendor is placing his trades directly on the chart or directly on a DOM. This gives me an idea of whether the moderator is posting trades clearly and concisely, where the rest of us can actually copy what is happening.
During the two week trial period, I live recorded and was able to clearly identify 14 trades in the Crude Oil contract. The gross profit for the crude oil trades was $1080. For the ES e-mini 500 contract I recorded 4 trades for a gross of -$325. The total net profit after commission for the two week period was $645.
During this two week trial period, I was actually quite impressed with how well the trades were clearly called and executed on the charts. Another impressive aspect was how the trading day never lasted more than two hours. And I was receiving no pressure to purchase any subscriptions or trading products whatsoever. However, since the trading room had a very limited track record, I decided to come back a few months later and conduct a follow up review.
December 2014 – Continued Review
I returned to the Trading Mission trading room on December 1st, with the intention of having my assistant in the Philippines trade on a simulated account from December 1st through December 12, if she produced a positive result, then I would trade my live account from December 15 through December 19.
I have to admit, I was a little nervous about my assistant. Firstly, she is located in Cebu City, Phillippines and her English is not perfect. How would she perform on a simulator while the room moderator was speaking with a Latin american accent? To my surprise, she executed each trade with perfection. With the ES she executed 5 trades for -$25, and with crude oil she executed 15 trades for a gross profit of $1750. After commission paid, my assistant netted $1625.
Trading LIVE and Loving it
I was really impressed with how well my assistant performed on a simulator, and since I had over 100 hours of live trading recorded and verified, I was comfortable trading my live money account. However, during the week of December 15 through December 19, I had to visit relatives in Idaho for the Christmas holiday. And so, I decided to let my 13 year old son, who lives at home with his mother, trade my live account on my behalf. I dont this very often, but I trust him (mostly), and he has his own account that he trades every morning before school.
Anyway, he traded Trading Mission with my live account and reported -$100 in the ES on 4 trades, and +$1060 on crude oil with 15 trades. A pretty good result. I gave my son half the profit, which of course he quickly squandered on Xbox games.
What I Enjoy About Trading Mission
There are lots of things that I love. First, and most obvious is that I left money and put on little effort. In addition, I find it quite impressive that my assistant was able to replicate the trades, believing that Carlos talks with the accent. My adolescent was comfortable carrying trades and he said it was super easy since Carlos trades straight from the graph. Using a graph present, and also the available orders sitting on the graph, items are simple to comprehend. Carlos also isn’t frenetic about going about profit targets and stop losses. The few exceptions are when he chose to simply close out a transaction in the industry. These market requests to shut an open place also contained the typical slippage of a single tick, which could be regarded as the standard.Another thing I truly enjoy is that Carlos Diaz is a dealer initially and also a marketer second, maybe not even a close second.
Actually, he’s a terrible salesman. No fluff or crap for this man. He simply deals. I’ve heard and seen hundreds of those trading area moderators go and come, Carlos Diaz is a proficient trader and also a not so proficient salesperson. He allows his trading perform the speaking, the results speak for themselves, and I will affirm that he certainly is pulling the trigger on his transactions.Another thing that I feel that’s quite impressive is that he provides an intriguing money-back guarantee. Obviously, there’s absolutely no cash back on almost any losing trades, but he can provide an unconditional money-back guarantee. Well that is it for now. It’s fine to write about what I think to be a fantastic trader and a fantastic person. Best of luck with your trading, and remember boys and girls, I went to jail, so my opinion matters! I’m also five star crook and love writing these scam reviews which are worthless.