TradOTO

TradOTO
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
2

Summary

TradeOTO is an automated trading strategy that is marketed primarily through the Ninja Trader Ecosystem. The cost of the system is $2699.

The owner of TradOTO wishes to remain anonymous. Common sense would question whether it makes sense to send a random person nearly $3k. Should you trust your financial future with a financial adviser that won’t tell you his name?

The owner of TradOTO has no verifiable track record of ever trading successfully. Nor was he willing to share whether he even has a trading account.

TradeOTO has no customers that are willing, or able to verify real-time trading performance.

Avoid.

Thanks for reading today’s review of TradOTO

What is TradOTO? The company is selling a fully automated trading strategy that intraday trades any of  the following markets:

  • Crude Oil Futures
  • E-mini SP500
  • Gold Futures
  • E-mini Nasdaq
  • Euro Futures
  • E-mini Russel
  • E-mini Dow Jones
  • Forex

The cost of the trading strategy is $2699. There is a 30-day trial in which a customer may try out the strategy for $399.  There are no additional monthly fees or renewal fees.

The trading strategy can be imported into either NinjaTrader, TradeStation or Multicharts.

History of TradOTO and NinjaTrader affiliation

According to Archive.Org, the TradOTO website first appeared in late 2016. Additionally, the TradOTO website launch corresponded with a listing on the (much maligned) NinjaTrader Ecosystem.

As many readers are already aware, NinjaTrader allows just about anyone to post ‘magical’ trading products while performing nearly zero due diligence on their NinjaTrader Vendor Ecosystem. Essentially, the NinjaTrader vendor ecosystem is a cesspool of shady vendors selling all manner of whack-a-doodle trading magic and get rich quick schemes. Nearly all of the vendors listed are selling useless dribble and or a steady stream vomit inducing fraudulent trading systems and indicators.

The NinjaTrader ecosystem, in my opinion, should be immediately renamed the NinjaTrader cesspool.

However, I have to give John Gramola of NinjaTrader more than a little bit of credit for attempting to clean up the NinjaTrader cesspool. Oops, I mean ecosystem. In the past year, he has banned vendors from showing hypothetical performance summaries on their websites. These hypothetical performance summaries that vendors use to market trading products is the true ‘nexus of pain.’

But while John is attempting to stamp out fraud, the shady characters have only gotten more creative at inserting hypothetical performance summaries into the sales narrative. Yes, they are not (easily) appearing on their websites, but they are heartily inserting within their email marketing campaigns and social media streams. The following screenshots were pulled from the TradOTO Facebook and Twitter profile pages:

So by looking at these screenshots, one would assume that TradOTO has really cleaned up this past year. But is it real?

To simply post these screenshots does not prove anything. The only way to discover the truth was to contact TradOTO directly and ask for proof that any of these supposed profits are real or fantasy.

Contacting TradOTO

TradingSchools.Org first contacted TradOTO back in February of 2017. Yes, you are reading this correctly, we first contacted TradOTO nearly a full year ago. At that time, they were pretty new to the scene and we decided to give them time to build a verifiable track record before attempting to write a review.

In my opinion, a full year to “get your shit together” is plenty of time to build a positive reputation. Did they build a positive reputation? Nope. In fact, we were recently contacted by a person that purchased the so-called trading system and was extremely disappointed with the results. This person claims that they were promised a refund, and the refund was refused.

Regardless of only this single complaint, what TradingSchools.Org really wanted to know…does TradOTO now have a verifiable track record of trades. And do these trades match the marketing fluff?

During the month of January and into February, we went into a back and forth on the ground rules for a review. We were very clear that the heart of the review would be based on verifiable performance. TradOTO replied that they have no verifiable performance. They would not share account statements, nor were they able to provide even a single verifiable customer that would be willing share verifiable trading performance. Instead, they offered “proof” in the form of ‘online chat’ with purchasers of the trading system.

In spite of all of this negativity, I have to give Tradoto some credit for being open and honest in all of our dealings. And in the grand scheme of things, they are not flouting terrible outrageous performance summaries. Certainly not the shady BS that TradingSchools.Org is used to seeing on a daily basis.

Finally, another cause of concern is that the person behind TradOTO refuses to identify themselves. Actually, I know who it is. But I will not be exposing them. Unless I start receiving a boatload of complaints.

Does this man own TradOTO? Could be!

Wrapping things up

So lets go over what we do know…

  • Owner of TradOTO refuses to publicly identify himself.
  • Owner of TradOTO does not ‘eat his own cooking’
  • After over a year in business, TradOTO has no verifiably happy customers.

Tradoto, when you read this, I want you to know that I am grateful for you being as transparent as you were. You were honest during the review process. You described the full logic behind the trading strategy. And I want to thank you for this.

However, this seems pretty obvious to me that you are probably just an internet marketer. You probably purchased the system from another vendor and put together a pretty nice looking website in which to sell your product. I get it. But at the end of the day, you are not trading your own product. After a year of selling this trading system, you have yet to put your own money at risk. Nor are you able to find a happy customer that has profited from the strategy.

At this time, potential investors should steer clear of TradOTO. They are simply not ready for ‘prime time.’

Thanks for reading. And please leave a comment below.

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15 Comments on "TradOTO"

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Gregory
Guest

show some real statements and ill buy. period.

Matt@TRADOTO
Guest

Showing bank statements wouldn’t prove anything, we aren’t selling a trade signals, we offer a fully customizable strategy to allow 100% hand free trading with currently four distinct trading modes supported (latest mode will be released in version 4 within a few weeks time)

We aren’t here to scam traders like this review wants to portrait so badly, our goal is to help traders obtain the trading consistency they deserve through automation.

You are welcome to try us for free with our 7 days FREE TRIAL, no credit card required.

Frank F.
Guest

I actually tried a 7 day free trial with them about four months back.

I was not impressed with their system because it failed to produce any real profits. I mean I had to test in SIM, but still, no profits at all.

And this is what the remote customer support guy did: He takes control of your PC and the software and checks your strategies. Then he modified some parameters and the previous day result became green. But, the next day, the same strategy failed until all the remaining free days were over. End result? NEGATIVE BALANCE.

I would NOT recommend this.

Matt@TRADOTO
Guest
Hi Frank, This is Matt from TRADOTO, just wanted to follow up on your comment about how we took control of your PC to simply optimize the previous day market action. Using a trading configuration based exclusively on yesterday price action is obviously not going to work. It appears that your remote session ended before the process was explained in full because optimizing the previous day action is only BEGINNING of the optimization process, the goal is to identify what trading style works over the last couple of days and from there expand to months and years of market data… Read more »
Kari
Guest

Your review is unwarranted. Granted, the software can be daunting to learn at first but once you understand how to program it to suit your trading style, it is a very robust, profitable system. I’ve been trading for years and prefer automation….this is the program to use for consistent results.

Matt@TRADOTO
Guest

Thank you for the real feedback Kari!

Tom
Guest

Seriously if anything is that good, you wouldn’t sell it. You’d be too busy raking in the cash from using it .
Automate that QuaziM-OTO ..
Another Fraudster in the Ninja Eco-System …

Matt@TRADOTO
Guest

We cover this very question in the FAQ here https://www.tradoto.com/pricing/#toggle-id-3

Additionally, diversifying our team income while helping traders achieve consistency is definitely something we are proud of doing.
Version 4 of our strategy is scheduled for release in the coming weeks, we are introducing a new trading mode leveraging a very popular trading style and have implemented many new features as well. All members benefit from this at no extra charge.

Tom
Guest

Right , explained away in the FAQ ..
I give you alot of credit answering back to the knocks.
But you sound desperate like your trying to justify your fraud to yourself . Very sad .. This is a very normal symptom of all the Ninja Eco System scammers ..
Keep it up , though , because the bots will keep diggin up this trash and bury you eventually .. …

Good luck with version what-ever-the-fuck your on …

John Bretel
Guest
John Bretel

Joined TRADOTO about a year ago, no complain here. Their strategy get updated frequently with new trading features at no extra charge, support is superb and the result is there. I didn’t see anywhere on this post a review of the actual strategy they sell, seems like Emmett focused on the fact that they want to keep anonymous and the one person that complained about the strategy. Feels like a rushed review to me sorry.

PRAB BALASUBRAMANIAN
Guest
PRAB BALASUBRAMANIAN
I used TradOTO trial version. I would rate this product 4.5 * STAR and i am thinking of buying either on Lease or lifetime License. Following are my reasons: Pros – (1) I would consider tradOTO product as *Do algorithmic trading yourself Kit* . With this software , they allow mostly traded futures like ES(SNP 500), NQ, YN, GC(Gold), ZN and CL. There are Hedge fund companies, who do this algorithmic trading for similar price, will do mostly ES and either Gold or Treasury when market falls. (2) It has most popular Exit and Entry strategies like Swing, SMA, HiLo,… Read more »