http://www.investimonials.com/websites/reviews-elitetrader.aspx great entertainment, ET = Entertaining Traders by Nedster ET can be a very entertaining site. The owner is pretty lenient for the most part, as long as you don't criticize his sponsors. Argument threads can explode in size rapidly as people bicker back and forth, and this makes for entertaining reading. The biggest problem ET faces is the same problem the industry as a whole faces... declining numbers of active traders. The old edges of yesterday are now gone, many firms have closed up shop, just take a trip thru Chicago and notice how many "former traders" you will meet. What this means for ET is that there is a decline in quality content as real traders leave the business, and an increase in trolls, wannabees, and stealth vendors, as they are slowly becoming all that is left. Instead of real traders you get the keyboard guru aka hindsight expert... hobbyists and retirees pretending like they are big shot career traders. Some of these folks adopt guru personas and make ridiculous performance claims for purposes of luring in noobs for "mentoring". Sign of the times. There are some interesting news articles posted, but not much else useful trading info. But you will find lots of fun and crazy hijinks. that is what makes the site special. Such as the most active part of the site: Politcs & Relgion Flamewar section. Also Marketsurfer and his Surf Report threads. Or Atticus/Convexx and his weightlifting advice and bad temper. Or watch DBPhoenix, Nodoji, MFBreakout, and Jack Hershey stringing along their cult-like followings of noobs. Or the seeming endless stream of TA/anti-TA arguments. A better site than its main competitor, BigMike's. BM suffers all the same drawbacks of ET, but without any of the entertainment perks. =============================== A collection of busted out traders posing as GURUS By BaronRobertson Even though I personally run and own Elitetrader, I must honestly say is is a cesspool of idiocy. We allow paid advertisers to post misleading information to our hapless users for the few sheckles they pay us. I am grateful that elitetrader has allowed my to live off the proceeds for a decade , but the income stream in failing and I must get a job as a Walmart Greeter ===============================
Wow... quite the interesting read. It seems like those guys posting the reviews really know their way around, especially the review that outlines the guys that are the real deal. What I don't actually agree with are the few posts where they say things are heavily censored. I haven't seen this.... or does this mean that the censorship is so good that any bad posts are gone even before I see them? LOL (If you want censorship, I think BMT is where you wanna go!) The sad part to read actually is that the number of quality traders has decreased since the number of profitable traders has gone down. I have no way to verify or dispute this claim, but it sure is unfortunate if true.
You mean the thread that has the OP quoting a posting/review by the site owner that was not written by the site owner?
You have got to lighten up and don't take those reviews seriously. I find the ET reviews on that site are humorous so I thought I would post a link and feature two reviews - especially the one from "BaronRobertson". Yelp is the same thing, the poor reviews have to be taken with a grain of salt. The "BaronRobertson" review is hilarious along with the ratings he gave ET - I'm sure the real Baron also got a laugh from it.
This thread as well as the "bumping" thread appear to have no significantly usable feedback that the site owner could benefit from. Suggest avoidance of these "feedback threads".
That review is so retarded. You guys know me well enough to know that I would never write that about my members and/or my site in a million years.