4/16/2023 0 Comments Nexgen t3 fibs protraderTo sum it up.a good system but not a great value and according to the rating description guidelines, falls into the average area. I can't see the justification in charging $16,500 USD which does not include other fees that you need to fully trade the system. I love the New Renko Hybrid T3 Trading Platform Nexgen Software has rolled out. In my opinion, the system is too overpriced. I have been trading with Nexgen Software Systems T-3 Fibs ProTrader for. I briefly evaluate the system and I was very impressed by their support and training. 3 Stars This company claims to be in existence for 13 years and be #1 in the industry with over $10 million in sales each year with 2,500 monthly requests for their system. I had a friend that also took the training course and was also hounded by the same salesman after declining the extremely pricey $16,000 + price tag. Nexgen Software goal is to teach you how to read then trust your indicators, rules and apply those setups daily. The trading system is impressive but the company that sells the system is highly lacking in professionalism. Day trade Fibonacci using Nexgens T3 Fibs ProTrader software. John Novak hosts a daily live day trading class Monday - Friday 9 am-Noon ET using the live market to teach traders to recognize the correct trading setups. The emails stopped after I threatened to contact the company ceo followed by contacting the Better Business Bureau. Nexgen provides clients with a clear, easy-to-follow trading plan built around the T3 Fibs ProTrader Fibonacci-based software. I was then hounded by a salesman that kept sending me emails that eventually got nasty and unprofessional and unethical behavior. CLICK HERE to see the full text of the complaint.Īfter taking the training course, I respectfully declined purchasing the system. The complaint seeks permanent injunctive relief, restitution, and civil penalties.ĬLICK HERE to confirm. In addition, Nexgen allegedly failed to provide disclosure documents to clients as required by the Commission’s regulations. The complaint further charges that Nexgen held itself out to the public as a CTA and directed the trading of more than 15 client accounts, and thus should have been registered as a CTA with the CFTC. in fact, it helps one to make sure gains, but not quick gains. their customer care and support is superb, and training both with live market and replay data is commendable. it adjusts to market conditions and give good entries for a none greedy trader. In reality, the complaint alleges, neither Novak nor any of his customers ever profited using the service. T3-Fibs software is a good trading software. The complaint further alleges that Nexgen failed to register with the CFTC as a commodity trading advisor (CTA).Īccording to the complaint, Novak fraudulently solicited customers by falsely representing that both he and his customers were trading profitably using the Nexgen service. Novak, both of The Woodlands, Texas, alleging that Nexgen, through Novak, used fraudulent and misleading representations to solicit members of the general public to direct the trading in their commodity interest accounts. Thank you in advance and I will email you links to these resources so check your email.August 18, 2004: The CFTC announced today the filing of a federal court action against defendants Nexgen Software Systems, Inc. (Nexgen) and John P. However, after you get through all of those 20 resources and actually learn how to use the software perhaps you will please re- rate the software itself and its capabilities and our teaching since that is the service we provide. So to be fair to your review perhaps we will look into making these 20 thing easier to find. These videos explain everything you need to know as a day one new person. In addition to website and YouTube videos, on of the "trading plan" there are 10 (ten) new trader 101 videos provided by CME GROUP- exchange you trade on which is 100% perfect for new users. Also, nexgen has an actual live "101 class ( join button on education page ) 4 days per week for new users M-Th. (mavideo very good) find our channel from bottom of the page. One that preferably allows for both long and short positions to be taken. Note: at this time, you will NOT be able to execute cash crypto trading inside of Ninja Trader 8, so you will have to use a dedicated cryptocurrency exchange. So to point you in right direction, On our website, the education page we provide a 101 video for new users( 1hr 25 min all inclusive instruction) + On YouTube we have more videos for new users. Nexgen's T3 Fibs ProTrader will give you an overwhelming advantage when trading cryptocurrencies. For perspective, You just got loaded with a demo 3 days ago and have yet to make it through the entirety of Nexgen's education. The TRADE PLAN & VIDEOS teach 101 to new users. Our user guide helps you functionally use software daily- opening closing etc. Greg, this is a review of your ability to find information not our software's performance or our teaching. Reply from Nexgen Software Services Sep 6, 2020
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