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.
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
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.
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.
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.
Quite shocking the amount of assumptions made in the comments or early conclusions, feels like those that trash it wanted a simple TURN ON switch to make money lol. I signed up for tradoto after my partner recommended them to me early 2018. the strategy deliver 100% on what they advertise, lets you trade in many ways the market and for me the kicker is being able to see at a glance how your trading plan has worked in the past via market replay/backtesting, this is something impossible to do without a coded strategy, i really don’t understand how a manual trader can start trading a certain way without wasting so much time in SIM for months, such a waste of time, thats the main reason i jumped in, no regret for me here. I focus entirely on the futures market so far but plan to tackle stocks very soon as the same rules apply. been profiting quite well so far from futures alone so im not rushing anything for now, don’t changes whats working working? happy 2020 traders!
Hi, This is pure garbage, they take your money and run away, I recommend getting away from this website.
I bought the 30-day trial version for about $ 480 approximately, (this trial option is no longer available)
The supposed market entry and exit system based on 3 simple strategies:
– Support and Resistance
– ichimoku cloud
– SMA (mobile average)
They recommend that you mainly use the system in demo mode and that you do a lot and many backtests, before using the systems in a real account.
Do you sell an automatic system and the customer is backtesting one after another?
For technical support, they do not allow communication by email, only using the ticket system of their website, the answers are eternal.
As the previous user said, I have requested my money back several times, the answer was always negative, NO
They always blame the customer for not having sufficient technical preparation or have not used the correct configuration parameters.
An advice? Yes, get away from this site: http://www.tradoto.com
I had the same experience.
I did the 7 day trial a while back. I used their NQ and GC templates of which they said were profitable. The results in sim mode were very bad. They said it was my fault. Even though I used their profitable templates without making any changes to them.
That’s all I need to see.
show some real statements and ill buy. period.
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.
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.
So let me explain what is happening…they are simply reoptimizing the parameters of the trading strategy. It’s called curve fitting. And you know what? It doesn’t work.
This is the reason why the vendors will not trade it live, cannot provide any live customer accounts, and refuses to identify themselves.
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 to validate the trading configuration found.
We are LIVE streaming our strategy in REAL TIME so you can see how a specific trading configuration fair over time, no trickery and magic! more details at this address https://www.tradoto.com/livestream/
Sounds overoptimized to me, Matt. But hey, if you can get it to work…quite a dance move.
This is NinjaTrader best practice for optimizing an instrument with automated strategies and we think so too. Nothing new there.
We would love for you to this review another spin after trying out our strategy, we never received a Machine ID activation request from you while you were doing the review which means you never actually used it. Instead it seems that you focused on the one bad review you received and the fact that we wanted to stay anonymous.
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.
Thanks for taking the time to reply. I love opinions from actual users. For me, I had a few problems:
Who owns this company?
Do any users, or the company owner have a verifiable track record?
What is the logic of the trading system?
Hey, you can always post your results. Can I write a review of your results and experiences? I offered this to Tradoto. Surely, there is someone willing to do this.
Thank you for the real feedback Kari!
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 …
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.
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 …
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.
John: appreciate your input. are you still happy with TRADOTO
What kind of results have you been getting?
help me OB1 kenobi !
Nothing has changed, strategy still 100% reliable. Also many new features introduced in version 4 at no charge, my fav strategy to date.
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:
(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, Squeeze etc, to be able to automate trading. Its a complete package for automated trading. They seem to have done lots of research on NT8, got the best out of NT8 for Entry and Exit strategy indicators into tradOTO. These strategies will need to be updated every now and then and i know they wont work forever.
(3)Though not automated switch between trading instruments such as ES to GC during downtrend, we can manually switch by turning off ES or GC.
(1) Not inexpensive, when hedge fund companies run for similar price. ie for $3.5K including NinjaTrader8, which is their most preferred platform. However, they give 2 licenses for tradOTO.
(2) Full support including phone support is available only for Lifetime license.
(Seems like they are not making enough or dont have time for lease which $400/month/2 licenses, to fully support. Only email or chat support is available for lease).
– Trading Schools.Org https://www.tradingschools.org/reviews/tradoto/ via @tradingschools .
Did you ever go with TRADOTO, and if so, how is it working out for you.
would u recommend TRADOTO?