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Falcon Day Traders


I believe this is the place in the forum it is ok to post about advisory services. Forgive me if this isn't, I don't want to seem like I am spamming but I do want to tell you about my service as it is relatively new.

[url]http://www.falcondaytraders.com[/url]

We offer a free trial for 5 Days. When you take it you get live commentary and calls from 7 AM Central Time to 4:00 PM Central Time.

I'll let the website describe about what we do. I've also tried starting a blog where you can ask questions about trading and read more about what we do. The blog is called 'Futures Trading Online' and you can find that at:

[url]http://futurestradingonline.blogspot.com/[/url]

It'd be nice if you posted questions and comments to the blog so I can build the blog up but the real way to see us is to take the free trial. Yes Falcon Day Traders is a service. I hope this post is ok.

Big Blue
official calls made and taken by the guru. 4 lot* es contracts per position.

1/11/07
trade #1
s (2) 1432.00
b (1) 1431.00
b (1) 1430.75

trade #2
s (2) 1435.25
b (2) 1434.25

note:* "silver" call by guru, 2 es contacts per position.
quote:
Originally posted by BruceM

Hey Max,

I'm sitting in on this trial too but will admit I have only given it about 6 hours total for the past three days. I applaud your willingness to sit in both rooms and share the results...this is good stuff... I have a few comments regarding Blue Falcon and wondered if you shared the same thoughts......

1)They seem like nice guys and knowledgeable about the markets
2)I found it difficult to fiqure out which was a trade and which was a " number " that they where looking at for Support or resistence...in other words it seemed a bit vague..especially with their members posting trades too...


Again I must repeat that I haven't given them much time. I will also restate from somewhere in this thread that my friend is a member of Blue Falcon and has nothing but praise.....perhaps I just need to sit in there for an entire day but I just can't do it, trade, post charts and fight with people at the same time...lol...but seriously thanks for putting in this effort

Bruce



i plan to give my impressions after this week.

max
Ok thanks Max
quote:
Originally posted by max

official calls made and taken by the guru. 4 lot* es contracts per position.

1/11/07
trade #1
s (2) 1432.00
b (1) 1431.00
b (1) 1430.75

trade #2
s (2) 1435.25
b (2) 1434.25

note:* "silver" call by guru, 2 es contacts per position.




Daily Summary for official trades called by the Falcon service:

total trades = 2

total number of ES contracts per trade = 2

total number of contracts = 4 ES contracts

number of wins on 1st target = 2
number of wins on 2nd target = 1
number of wins on 3rd target = 0
number of losing trades = 0
number of break-even trades = 0

% wins = 100 %
% stop-loss = 0 %
% break-even = 0 %

Total ticks Profit 1st target = 3 contracts * 4 ticks = 12 ticks
Total ticks Profit 2nd target = 1 contract * 5 ticks = 5 ticks
Total ticks Profit 3rd target = 0
Total Profit 12 + 5 + 0 ticks = 17 ES ticks

Total ticks Lost 1st target = 0 ticks
Total ticks Lost 2nd target = 0 ticks
Total ticks Lost 3rd target = 0 ticks
Total Loss = 0 ES ticks

Gross win/loss ratio = Total Profit / Total Loss = 17 ticks / 0 ticks = undefined

Gross profit or loss = + 17 ES ticks


Avg. profit per contract = total gross profit / total number of contracts
= 17 ticks / 4 contracts = 4.25 ES ticks per contract

Avg. loss per contract = total gross loss / total number of contracts
= 0 ticks / 4 contracts = 0 ES ticks per contract
official calls made and taken by the guru. 4 lot es contracts per position.

1/12/07
none
pt would you be kind enough to rollup all this terrific data youve compiled this week on each service into an easy to understand summary with the key statistics highlighted and post it?

max
quote:
Originally posted by max

pt would you be kind enough to rollup all this terrific data youve compiled this week on each service into an easy to understand summary with the key statistics highlighted and post it?

max



yeah I plan to do that, I was just waiting for the trial period to end, but I figured a daily summary would help me work out the summary method and give us a little food for thought along the way as well. Is today the last day of the trial ?
the trials are over.

Final Summary of the Falcon Day Traders Service Trial

Dates: Monday 1/08/2007 through Friday 1/12/2007

Market Traded: CME E-Mini S&P 500 Futures, Symbol: ES H7

Total Number of Trades = 7

Total Number of Contracts = 14

Total Number of Winning Trades = 5

Total Number of Losing Trades = 0

Total Number of Break-Even Trades = 2

Total Profit in ES Ticks = 89 ES Ticks

Total Loss in ES Ticks = 0 ES Ticks


% wins = 71 %

% loss = 0 %

% break-even = 29 %


Gross Profit = Total Profit - Total Loss = 89 ticks - 0 ticks = + 89 ES Ticks

Profit per contract = Gross Profit / total number of contracts = 89 ticks / 14 contracts = 6.4 ES Ticks per contract

Average Profit per Trade = Gross Profit / total number of trades = 89 ticks / 7 trades = 12.7 ES Ticks per trade

Average Contracts per Trade = total contracts / total trades = 14 / 7 = 2 ES contracts per trade

Profit Factor = win / loss ratio = Total Profit / Total Loss = 89 ticks / 0 ticks = undefined


Consecutive Wins = 5

Consecutive Losses = 0

Maximum Loss = 0

Maximum Total Draw-down = 0 ES ticks

Maximum Draw-down as a percentage of Profit = 0
I think this is a great opportunity to post the statements that these trades where taken by the Blue Falcon service...Is there anyone who can confirm that these trades where or where not actually taken. I think a week trial is too short to truely evaluate a service but even one weeks worth of statements may be better than nothing. This can then be used as a marketing tool.

Bruce
This is all old news to us folks here...we broke the scoop about a year ago so you folks from Elite are a bit behind schedule. We encourage people to ask the tough questions and get statements and don't fall for some flimsy one week trial etc....

now what I would really like to see is one of you Big Blue falcon bashers have the nerve to post a word document that summarizes the teachings..this way we could just point people here to pick up their free copy and save themselves thousands...you could rename it of course....any takers??? Would make a great New year gift!!...I need more egg nog!!
quote:
Originally posted by Lafcadio

This is irony for you...I have been writing on elitetrader.com informing all who want to learn the truth about Falcon Day traders what a scam it is. And on this page is a advertisement heralding 90% wins...what is the site?...non other than the infamous falcon fleece operation.


I was a member... I observed Mr. blue..."Mr Falcon", in all his glory ..rarely did I EVER WITNESS him making a winning call!!! If you have read thus far you know it is something he always promised to do...call live trades...He uses any excuse to escape doing that for a very real reason...His total ineptness and lack of any ability to trade profitably would be all too obvious.

For all those who come hear to find the truth about Falcon day traders...here it is...Falcon and Mr. blue are scam artist ...con artist...BS artist...say what you will. He cannot trade and hasn't a clue as to how to make a profit in the market. You would be better off reading Popular Mechanics than paying a nickel to this scoundrel. Be forewarned!!!