ABC123 Trader is selling a bunch of trading indicators for the NinjaTrader platform.
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I want to review and let you know whether they’re good or flawed.
ABC123trader.com have developed these indicators for trading Futures, Forex, Options and Crypto.
Prices range is from $0 to $149 and a pack will cost you a whooping $2999.
Before you invest any money on ABC 123 Trader indicators, you need to read the vendor’s disclaimer statement regarding performance.
For those of you who don’t have time to read, it says:
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
Therefore, we don’t have to go through the trading results since we already know this vendor does not trade.
Is ABC123 Trader legit?
I like the story of ABC123 Trader. Whoever is behind ABC123Trader products is honest.
He was a company owner for 16 years, then his bank manager stole both his identity and money.
He sued the institution and lost in legal fees. He got his “sh*t together and started a career in oil and gas trading.
He lost it during the 2015 market crash. Then he switched to Forex, Futures and stocks trading.
He developed indicators for ABC123Trader. You see, ABC123 Trader was born in October 2018.
I cannot verify whether his story before October 2018 is real.
He now wants to start a “trading room” and is looking for professional trading mentors to work with.
This is quite an ambitious individual. But I still doubt whether ABC123Trader indicators are viable.
There are no trading results. There are a couple of videos on the sales page and the vendor can be heard babbling with technical analysis stuff.
I prefer real trading results to endless talking which is why traders who choose to go with these products are always successful.
To buy ABC123Trader indicators or not to?
There’s a 14 day trial. You can take advantage of this.
However, I wished this would have been extended to 30 days trial as 14 days is really short to make any meaningful judgement.
This is why I dismissed Forex sugar robot. The trading sample was very small.
Conclusion
I wouldn’t buy a pack of indicators for $2999. The most I can spend on a NinjaTrader indicator is $99.
The vendor of ABC123 Trader products appear to be selling complementary tools for trading.
If this is the case, I don’t see why he is charging this much when not a single profit has ever been generated from any of his indicators.
Thanks for reading ABC123 Trader review. Kindly leave your review or comment.
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Dear Warren: This is Michael Tratch from ABC123Trader. I noticed that you did a review on me and wasn’t sure if I was legit. I am happy you did a review to show there is some relevance in me and my company. One of the questions was this statement.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
The reason I had this on my website is I had to. I have an agreement with NinjaTrader and am a vendor for NinjaTrader. NinjaTrader’s policy is I have to have the risk disclosure on ALL my pages.
The second question is the price. You stated $2999.00 I can agree that it is expensive. The price now is $1999.00 for 2 licenses. With the license the trader now has 55 indicators to choose from and anything that I program and back test and feel that it might be beneficial, I add to the Pack. I do agree one doesn’t need the Investors Pack. These are traders that likes many indicators.
I do have a YouTube channel, which I keep the traders informed as well as a Discord group in order for traders to exchange ideas.
https://www.youtube.com/channel/UCUn2slXOzFmgcfIfn0rZ6OQ
If you want to see the discord you can come as well.
https://discord.gg/BYNVyeJ
On the discord you can now download and try the indicators for free for 30 days.
The purpose for the trial was not to buy the investors pack, it was to find out what type of trader one is. If any of the indicators are beneficial, then they can buy 1 or all the indicators.
Thank you for once again for checking me out and thanks for the good work
Michael Tratch.