i could not find anything out here about this trading room / these systems so thought I would start this thread. I am starting this thread to talk specifically about a trading room that i have joined called simple automatic trading. i am planning to document sort of a day in the life journal here. first off, let me set some context: - i am not with or affiliated with the company. - they have a referal program, but that is not why i am doing this. i don't want any referals. - i currently lease the system from them on monthly basis and have been trading the strategies for a little while now. - since the folks who run the trading room don't have a forum for members to discuss ideas, i am hoping that other members of the room will join this forum to share ideas, etc. - the results on the website are not real (as you can probably tell just by looking at them). I realized that they were not real when I got started, but assumed that i coud achieve at least half of what they were achieving. however, at this point i also don't really believe that even half is a realistic goal for various reasons (which i will discuss in this thread). - i trade the strategies exactly as they are supposed to be traded, i don't mess around with any of the parameters, turn it off because I am not feeling well, never do anything but let he systems trade. As additional context setting, let me say something else about the results on the website. According to the guy who runs the trading room (Greg) & leases / sells the systems for use with tradestation, the definition of those results is essentially as follows: Those results are the strategy results, they are not based on realistic slippage / commission. And, he says that he will always post the results, no matter if they are good or bad. Most importantly, he said that the only exception to just posting the results straight from the strategy performance reports is if he announces that a paricular system is not going to be traded that day (for whatever reason) - if he makes that announcement, then the trades for that system or systems will not be included in the official results at the end of the day. However, after being in the trading room for a little while, I now realize that the definition of the results posted online is actually a bit more complicated than that. I won't go into the complication here, but will just say that things are not that simple. but i will give an example - an example from today: I went to the website tonight and it shows that all the systems combined for todays trading made $2,800 on 10 contracts ($280 for those trading one contract). It shows that several of the systems did not trade at all and so it just shows that those systems made $0 for the day. Without going into detail on each and every one of the results listed, I will just pick one example and that example is the YM Ultra. The results on the website are showing that the system made $0, which would have to mean that it was not traded, but this is not accurate. That system got hammered hard today, taking several 29 point stop losses, and the slippage was unusually bad. So the system was a very big loser. but this does not show on the website at all. hhhmmm? So I am not sure how it is those YM Ultra results did not make it onto the website. The strategy performance reports show that the system lost $400 on a 10 contract basis ($40 on 1 contract) and I can tell you that with the slippage it experienced today, my real money results were significantly worse. Now in terms of the rule above where the vendor said that if he said that he was not trading a given system today then he would report the results as $0 in the official results - well if that rule was going to apply to the YM Ultra system, then it should have applied equally to all systems today because he said that he was not planning to trade for the day because he was very tired from the easter weekend. But, it appears that he decided that he would go ahead and post the results from some systems, but not others. i am not meaning to criticize, i just want to make the point that the results are not very accurate and I will probably explain further in another post exactly what is going on with results not being posted correctly (because there is more to the story). the positive things about the room and the systems are that the 2 moderators are very nice people and they are open to taking phone calls from the traders and taking questions in the room. i have had many long conversations about the systems with the trader who runs the room and he seems very knowledgeable. the woman who codes the systems is also in the room for a good part of the day. also, i think you can make money with these signals / this room, but it requires you to manually adjust some of the trades, especially because the slippage has been worse than I have ever experienced with any other system or trading room (i don't know why it is so bad). I am planning to trade just one or two of the strategies going forward and I will post my results out here and show a comparison of my results and the results that they post on their website and give some info on the reasons for the vast differences (there is more going on here than just slippage / commission differences, but I can explain later because there a lot of different scenarios that are leading to the inflated results that they have on the website). however, i already gave the example of today....either all of the results for all the systems should have been posted or none of them should have been posted based on the vendors own rule around what drives the results on the website. weird.