What about Quantum Binary Signals? Is it trusted signals provider?

If you have any experience with them just give your opinions. Thanks in advance!

Comments

  • SignalPushSignalPush Posts: 21
    Their performance via SignalPush is listed here: https://www.signalpush.com/performance/quantumbinary/

    Please note, in 45 days, they will not be on SignalPush anymore as they've decided to stop using it. So we can no longer attest to their performance after this period.
  • icakaicaka Posts: 6
    What you thinking for John Anthony Signals? Have a facebook page and updated their performance daily,it's comparatively new service.
  • SignalPushSignalPush Posts: 21
    Performance is not truly transparent. We've personally witnessed losses disappear. When the client asked them about it, they said it was a "technical issue" and they would be put back. Additionally, they refuse to use a trade copier for their signals. That should speak volumes to the legitimacy of the signals. If they are that good, why not allow a 3rd party to verify it?

    They never were. I would HIGHLY suggest, if you're going to use any independent signal service... do your due diligence. If you decide to sign up, CLOSELY monitor the signals sent and the performance before you decide to use those for your own account. Too many of them are just great marketers and the signals aren't great.

    Not to promote our own service but we are truly transparent. If we have a bad signal provider, you'll see it. You can see their full performance history since they joined and can make your decisions about that. We're an independent marketplace. We do an initial validation of performance before we allow a provider onto our beta.. where they also have to prove themselves before being put onto our marketplace.

    Point is... do your due diligence.
  • I think signal push shared some great advice above. My only concern and this is just my opinion and that is that NO ONE can show you actual results
    on your trading account. This is the reality from what I have seen because there is no real-time in trading so some accounts will miss trades
    and or win or lose a few trades. In the best of worlds these missed or different outcomes can be managed and so honest results can help you
    discern if a service is for you. We share our results and I trade our bets and for the most part I would say there is no more than a 2-5% difference on a sample of 100 trades but as with anyone published results are not perfect. You have to look at all the value a service brings you ( education,customer service etc... )

    We have been using the SP API and sharing our signals to automated copy for some time now. I was very disappointed in the latest Michael Freeman actions and those in league with him. I personally believe there is a place for Automated trading in binary options but there are way way to many scams and posers and even if you take signals it is best viewed as a supplement to learning what good trade setups look like and all the variables that move the markets.. Binary is nothing like when I started but still a great way to start learning and get involved with the markets IMHO.
  • SignalPushSignalPush Posts: 21
    I agree. Performance, even with a service such as ours, can unfortunately vary between provider/client due to the (even if small) lag in processing times and platform rejects.
  • sahalsahal Posts: 7
    complicated discussion to me . please in details
  • krzskrzs Posts: 1
    Forget this signal provider. I used the signals of Quantum Binary via Signal Push 2 months and lost a lot of money. Quantum is trading with martingale, wich is very dangerous. Sometimes they double the bid, also if they won a trade - and then they lose the "doubled trade". Terrible! I never use again signal providers, it's much better to trade in live sessions with honest and serious traders. Okay, you pay perhaps $200-300 for the service monthly, but the results are also very good - 60-70%.
  • mosesbetmosesbet Posts: 12


    Not to promote our own service but we are truly transparent. If we have a bad signal provider, you'll see it. You can see their full performance history since they joined and can make your decisions about that. We're an independent marketplace. We do an initial validation of performance before we allow a provider onto our beta.. where they also have to prove themselves before being put onto our marketplace.

    SignalPush is a complete scam. I'll let you know why.

    They use Martingale automatically in all of their signal results. This massively increases the so called "win-rate" whilst being negative EV for the trader.

    It's like rolling a dice. The odds of losing twice in a row are 0.5x0.5 = 25%. That means you have a 75% win-rate rolling a dice twice in a row and receiving at least one win. This is how SignalFeed presents all its results.

    Of course, just becasue you have a 75% win-rate doesn't mean it's +EV at all. Lets say you wager $1 per dice roll then lose. You then double up using the martingale strategy and wager $2 per roll. If you win, you make $1 net profit ($2-$1). If you lose, you make $3 loss. Thus, you need at least a 3:1 win ratio to break-even.

    Therefore SignalPush isn't transparent at all. If they were transparent then they'd show the actual ROI for each signal provider as opposed to the win-rate post-martingale, which is pointless. Even a dice roll becomes a 75% win-rate when you double or nothing on losses..







  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited December 2014
    The only problem is that along with Michael Freeman and Signalfeed they LIE about results! I dislike retards, so if you wish to try to promote a service, well pick one that is not a phucking SCAM at least. As well not all providers on SP use the Marty do they? Did you even know that? I am no fan of SP but they are the best you have currently for a trade copying service imo. How do you feel about SIGNALFEED being LIARS and a SCAM?
  • SignalPushcomSignalPushcom Posts: 132
    edited December 2014
    mosesbet said:


    Not to promote our own service but we are truly transparent. If we have a bad signal provider, you'll see it. You can see their full performance history since they joined and can make your decisions about that. We're an independent marketplace. We do an initial validation of performance before we allow a provider onto our beta.. where they also have to prove themselves before being put onto our marketplace.

    SignalPush is a complete scam. I'll let you know why.

    They use Martingale automatically in all of their signal results. This massively increases the so called "win-rate" whilst being negative EV for the trader.

    It's like rolling a dice. The odds of losing twice in a row are 0.5x0.5 = 25%. That means you have a 75% win-rate rolling a dice twice in a row and receiving at least one win. This is how SignalFeed presents all its results.

    Of course, just becasue you have a 75% win-rate doesn't mean it's +EV at all. Lets say you wager $1 per dice roll then lose. You then double up using the martingale strategy and wager $2 per roll. If you win, you make $1 net profit ($2-$1). If you lose, you make $3 loss. Thus, you need at least a 3:1 win ratio to break-even.

    Therefore SignalPush isn't transparent at all. If they were transparent then they'd show the actual ROI for each signal provider as opposed to the win-rate post-martingale, which is pointless. Even a dice roll becomes a 75% win-rate when you double or nothing on losses..

    We're a scam? Farthest thing from the truth.

    - We don't "automatically" include martingales. It's only by default on the performance when the service uses martingales. If you don't like them, you can ignore the providers who use them or, see below for other options.

    - Our current performance calculation is based on the industry accepted method for calculating a martingale. If you take a trade and it is a loss and you follow it up with a winning martingale, most consider it to be 100%. Before we implemented this calculation, we polled our users and the community and this is what they decided for us to use. You can see more information behind our calculation here: https://signalpush.zendesk.com/hc/en-us/articles/200221655-How-is-martingale-performance-calculated-

    - We allow you to display performance by regular calculations (non-martingale) as well

    - The signals and their win/loss status is there, transparently, you can calculate the % however you like. Nothing is stopping you from calculating your own statistics in the method YOU find acceptable

    - Not all providers use martingales, plenty who don't

    - Clients have full control and can turn martingales off or can have them trade the same size as a normal trade

    - We're working on implementing a new calculation model that shows ROI based on user input values (such as user input return and trade size) but due to the fact that we're in the US, we have to be careful with how we represent "ROI" and are currently investigating options with our legal team

    PS - Not to mention your FIRST post here is to call us a scam and promote SignalFeeds? Fishy.
    image
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited December 2014
    fo sho anything related to SignalFeeds is a phucking joke! Lets look at the simple reason they don't use a trade copier service like the ones out there "BECAUSE THEIR RESULTS ARE FAKE!" or else anybody into sharing/giving signals would use a Signal Push or like technology on a 3rd party independent platform... What I can do is get active and start testing out undercover all these jokers that PRETEND to be traders.. I don't like pretend traders who are affiliate marketers like Michael Freeman. Guy could not trade his way out of a paper bag... I feel video happy I am going to be PUNKing alot of these BioTcheZ to show you the REAL TRUTH...

    *why am I talking ghetto? I have to stop watching all these inner city guys and their videos! FeR ReaLz!*
  • mosesbetmosesbet Posts: 12
    edited December 2014

    mosesbet said:




    We're a scam? Farthest thing from the truth.

    - We don't "automatically" include martingales. It's only by default on the performance when the service uses martingales. If you don't like them, you can ignore the providers who use them or, see below for other options.

    - Our current performance calculation is based on the industry accepted method for calculating a martingale. If you take a trade and it is a loss and you follow it up with a winning martingale, most consider it to be 100%. Before we implemented this calculation, we polled our users and the community and this is what they decided for us to use. You can see more information behind our calculation here: https://signalpush.zendesk.com/hc/en-us/articles/200221655-How-is-martingale-performance-calculated-

    - We allow you to display performance by regular calculations (non-martingale) as well

    - The signals and their win/loss status is there, transparently, you can calculate the % however you like. Nothing is stopping you from calculating your own statistics in the method YOU find acceptable

    - Not all providers use martingales, plenty who don't

    - Clients have full control and can turn martingales off or can have them trade the same size as a normal trade

    - We're working on implementing a new calculation model that shows ROI based on user input values (such as user input return and trade size) but due to the fact that we're in the US, we have to be careful with how we represent "ROI" and are currently investigating options with our legal team

    PS - Not to mention your FIRST post here is to call us a scam and promote SignalFeeds? Fishy.

    You are a scam.

    "We don't "automatically" include martingales".

    BUT THEN YOU SAY: "It's only by default on the performance when the service uses martingales"

    So then it is automatic...

    It's also extremely hard to even click to see regular results. There's a tiny link at the top that says "regular". Wow I'm sure this is clear to most traders...

    The win % is irrelevant as I just said. I already noted your calculation for Martingale and it's misleading because of the -EV.

    For example, Quantum Binary Signals is one of your leading providers with a win-rate of 64% or something. Then when you look at the ACTUAL results they're only about 53%, which is below break-even for gods sake. Signal providers then use your Martingale results as an endorsement and proof of results, which is wrong because it doesn't explain these are martingale results in their pics. You should make this against your terms and conditions for starters.

    The point isn't about users having full control. It's about your presenting completely distorted results based on a Martingale system that's -EV for 99% of providers.

    If I was rolling a dice with 50/50 odds of winning I'd have a 75% win-rate on your leaderboard based on your Martingale calculations of winning after a losing trade.

    If you use martingale starting with $10 and your double up to $20, then with 80% win-rate then your net win will be $6 for a winning trade and -$30 for a losing trade. This means you need a win-ratio of 5:1 just to break-even using your martingale system. 5:1! And you still don't think you're a scam? It's completely irresponsible for you to even offer this kind of feature.










  • SignalPushcomSignalPushcom Posts: 132
    Stop being a troll. We're not a scam, everyone knows it. Calling us a scam is like calling Amazon a scam (or other marketplaces offering products/services from vendors).

    You think it's "extremely hard" to even see regular results? Where it says "View performance as REGULAR | MARTINGALE" is extremely hard? Where there is a * on the leaderboard and it says "provider uses martingales", it's hard to tell they use martingales? If it was that hard, we'd hear about it, which we don't. Everyone understands because the users/community are the ones who established how things would be displayed and we take client feedback very seriously. We've already stated we are working on a flexible leaderboard where clients can customize the display to their own trade sizes and parameters to further assit

    We've stated it before and we'll state it again. Anyone who subscribes to ANY signal service, should review the performance in depth and establish if the risk associated with the service is inline with their risk profile. For instance, some users like providers who use martingales, some don't. Some users like providers that take a lot of martingales, some don't. The point is, all of the information is there for a user to make their own informed decision.
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  • OkaneOkane Posts: 1,279 admin
    Actually, I think SignalPush seems like a great service.
    The problem is the providers making stupid promises to lure newbies.

    However, the clients are a part of the problem as well. They have unrealistic
    plans. They think they can/should win 80% of the time with Signal providers.
    So they create a demand... for being fooled, and what they get is a bunch of scammers with their
    scam bots and auto-traders and other BS that just wipes their accounts.

    I can definitely see myself sharing my trades via SignalPush.
    Right now I can only promise a win rate above 62%.
    That is without Martingale. But newbies don't want to hear that, they want
    to win 80% of the time. So instead they go get ripped off.
    A 5K account with only 3% invested per trade and with a 62% win rate would give you
    10K, in my case in just 5 months. So 1K a month, but people are sooo greedy...
    They want to open a 250$ account and make 20 000 in two months, LOL.
    And sure, a few people here and there get lucky and do make huge sums before they
    wipe their accounts.
    Just look through this very forum and you'll see examples of what I'm talking about.
    So the problem is not SignalPush, it's greedy newbies and signal providers that
    want to use their greed to make a quick buck and get out.
    Too me, it looks like SP is doing their best to get rid of such Signal providers.
    Guess the future will tell. But so long as your expectations are unrealistic there will be
    scammers around to prey on your greed.

  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited January 2015
    With advanced money management strategies you should be able to do more like 3x to 10x that compounded, but this depends on the frequency of your trading = average number of trades a day and vs largest loss streak for drawdown. But that is life and 95% of people trading will washout because they are... DrumROLL... RETARDED!!! This is not a job for hobbyists or degenerate gamblers for certain...
  • OkaneOkane Posts: 1,279 admin
    It was just an example but yes you are right.
    I only do an average of 2 trades per day with exceptions and I risk less than 2.5%.
    Yes, at least 95% fail sooner or later because they are greedy, they want to make money
    without any effort what so ever. Before they understand what they have done wrong
    they have blown several accounts and life savings. I guess you could say that their
    development as traders is slow... In other words... slightly retarded.


  • BryanMacBryanMac Posts: 851 ✭✭✭
    mosesbet seems a little bitter and self entitled everything you complained about was avoidable if you took the time to look thru the signal push site, but your complaining about things that could have been avoided, better luck next time just learn from your mistakes and you'll do fine.
    Bryan Mcafee
    Hit me up on skype at Brymcafee (McAllen TX)
    www.tradingaxis.com
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    The only ones who would call Signal Push a scam are aff marketers because Signal Push is transparent. It's very very obvious...
  • mosesbetmosesbet Posts: 12
    I've not been burned by them. I just think they give themselves an unfair advantage over traders by presenting results with Martingale win-rates.

    If they wanted to be legit then they should disallow martingale for anyone with a win-rate below 75%, since this is -EV.

    I agree your service is a great concept and needed but by giving providers the opportunity to market themselves with Martingale results you're just providing unrealistic expectations.
  • SignalPushcomSignalPushcom Posts: 132
    mosesbet said:

    I've not been burned by them. I just think they give themselves an unfair advantage over traders by presenting results with Martingale win-rates.

    If they wanted to be legit then they should disallow martingale for anyone with a win-rate below 75%, since this is -EV.

    I agree your service is a great concept and needed but by giving providers the opportunity to market themselves with Martingale results you're just providing unrealistic expectations.

    Martingale calculations are indeed complex as the use determines what ITM% would be required for profitability.
    Your example though is not true in most instances. The example below shows a martingale history with a 62.5% ITM (martingale and non) and would of turned a profit both ways.

    Assuming $100 trade size ($200 martingale) with 80% payout.

    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200

    Total P/L with martingales = +$320
    Total P/L trading martingales at standard trade size = +$400

    As you can see, both modes would turn a profit and the performance is well under 75%.

    Now, if they just won only 1 more of those martingales the martingale P/L would be +$680 (70%) and non-martingale (66%) would be $580.

    This took me just a few seconds to do... Anyone signing up to a service can easily take the performance from the provider and do the calculation on their own (or soon automatically with our new upcoming tools) using their own trade size and expected return.

    $680 (or even $580) would be more than enough profit to also cover their subscription costs.

    All this said, I personally hate martingales and wish people wouldn't use them but they are there to use if they choose because people asked and we listened.

    image
  • mosesbetmosesbet Posts: 12
    edited January 2015
  • mosesbetmosesbet Posts: 12
    edited January 2015
  • SignalPushcomSignalPushcom Posts: 132
    edited January 2015
    Your math and reading skills need some work.

    I said doing the martingale trades with the same trade size as normal, thus my conclusion is correct.

    If you completely remove the martingale trades, of any size, your P/L would be:
    16 wins of $100 trade = $180 return = $2880 - $2400 trade volume = $480 profit

    I also show an example where it's 62.5% rate for both performances. This is if you use the martingales with $200 or with the same as regular, $100.

    In this particular example, yes, removing the martingale trades completely produces a $160 benefit but all 3 scenarios are profitable, thus, none are a losing system.

    If you do the other scenario I mentioned, martingale actually generates $200 more in profit than not using martingales at all.

    All that said, we're done discussing this.

    The performance is there, it's transparent. People can do the math for their own trade sizes/returns and based on their own risk profile can decide if they want to disallow martingales completely or if they want to allow them for a certain size. We don't require clients do either and it's in their complete control whether or not they want to allow them or not.
    image
  • nickybtnickybt Posts: 3
    edited February 2015

    mosesbet said:

    I've not been burned by them. I just think they give themselves an unfair advantage over traders by presenting results with Martingale win-rates.

    If they wanted to be legit then they should disallow martingale for anyone with a win-rate below 75%, since this is -EV.

    I agree your service is a great concept and needed but by giving providers the opportunity to market themselves with Martingale results you're just providing unrealistic expectations.

    Martingale calculations are indeed complex as the use determines what ITM% would be required for profitability.
    Your example though is not true in most instances. The example below shows a martingale history with a 62.5% ITM (martingale and non) and would of turned a profit both ways.

    Assuming $100 trade size ($200 martingale) with 80% payout.

    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE WIN +$160
    REGULAR WIN +$80
    REGULAR LOSS -$100
    MARTINGALE LOSS -$200

    Total P/L with martingales = +$320
    Total P/L trading martingales at standard trade size = +$400

    As you can see, both modes would turn a profit and the performance is well under 75%.

    Now, if they just won only 1 more of those martingales the martingale P/L would be +$680 (70%) and non-martingale (66%) would be $580.

    This took me just a few seconds to do... Anyone signing up to a service can easily take the performance from the provider and do the calculation on their own (or soon automatically with our new upcoming tools) using their own trade size and expected return.

    $680 (or even $580) would be more than enough profit to also cover their subscription costs.

    All this said, I personally hate martingales and wish people wouldn't use them but they are there to use if they choose because people asked and we listened.

    seems to me that your martingale in theory works but i like the way that you put a loss in every 3 or 4 trades even with an ITM at 80% you could still have say in a tradesize of 100 which is the least you should use for a percentage anyway you could have 80 wins in a row then 20 loses how would that end up ? lol NEVER use martingale and any system IMO that uses it should be overlooked as its just gambling abd ALWAYS leads to loss of bankroll
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