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Your Trading Room (YTR)

  • #1
  • First Post: May 26, 2010 6:25am May 26, 2010 6:25am
Has any one been a member of YTR and if so how do they rate the services they supply
  • #2
  • Jun 7, 2010 6:34am Jun 7, 2010 6:34am
If they claim the mech trading system is so good. why can't they show real broker statements? to prove?
  • #3
  • Jul 24, 2010 8:56am Jul 24, 2010 8:56am
Quoting moksha
If they claim the mech trading system is so good. why can't they show real broker statements? to prove?
YES. AGREED...

I had a Local guy, contact me telling me that he has been using them for 2 months. He said they make tons of pips, etc, etc... Then I find out that he was on a demo account...

So this guy was paying idk how much ( I think its like 600 amonth or something)
And he was not taking the calls from "the" professional on a real account.. It didnt make sense to me...

then he said, "well they say to demo for the first few months before going live,"" Of course, but most poeple would demo on their own, Wouldnt you think???

This all took place in JUNE 2010.. and This is after the fact that I had already done the Free Weekly trial wth YTR.

This is what I got:

They use "special Indicators" not just a standard MACD or RSI, but special institutional indicators....ok

Next, the trade calls and the traders.
A trader from AUD session made a break out on AUDUSD, for a few pips in 4 hours..... ok

The next trader was for Asian session,...
He was explaining how he was going to go long on GJ, with his special method, then some momentum hit the market, GJ, started to tank, He panics and takes a 35 pip loss, and if you have ever traded FX or the GJ in asian session, I am sure you know what happens next.. YEP, GJ rebounds and Shoots up.

I still get free webinars from the promoter guy like once every 2 months. Still trying to PUSH their service..

But, I will admit, their Adobe chat room Rocks... Now they just need to SHOW some REAL proof of their pips and not some Excel sheet. Come on promoters, this is 2010, NOT 2005.....

I hope this information is useful for you!
  • #4
  • Oct 14, 2010 10:52pm Oct 14, 2010 10:52pm
I have looked at YTR and found them expensive compared to the likes of Savant Day Trading Academy. Additionally they don't teach you how to trade the market. They have propriety indicators.... which do teach you how to be indipendent. I have been trading for a while now using standard indicators that are in any charting package. I would prefer to learn how to trade like a professional rather than rely on someone else to trade for me. and it costs me nothing! That's right I have no trading costs! No room fees, no chart fees, no feed fees.
  • #5
  • Jun 6, 2011 3:11am Jun 6, 2011 3:11am
YTR just had a silly infomercial on CNBC tonight.
What a waste of time.
They tried to make it sound like it was going to be a 'Live trading room' and it was just a few 'testimonials'. No charts or broker statements... nothing useful.
  • #6
  • Edited Sep 11, 2011 3:18am Sep 10, 2011 3:13pm | Edited Sep 11, 2011 3:18am
Quoting Bill88
YTR just had a silly infomercial on CNBC tonight.
What a waste of time.
They tried to make it sound like it was going to be a 'Live trading room' and it was just a few 'testimonials'. No charts or broker statements... nothing useful.
Really? Post a link. I'd love to watch that.

Well now their promoting a GPT - Global Prop Trader = Trade their capital, shares profits, advance to new levels etc. It actually sounds pretty good.

I'm in contact with a friend who joined and he's been in it since May2011, His account is actually a Demo account with demo Feed( Liq-Con = FXCM with the white label of TotallyFX) where some HFT systems seam to work and he gets paid profits from the Virtual profits made in the account. I believe once his consistency is solid and if he can meet the weekly profit target (40pips) his account will be transferred over to a Live account.


He had to pay 10k upfront to BUY a seat to have this opportunity. If he's profitable over the next 12 months, he'll make a lot of money. Now if he can not, I guess you can kiss your money good bye.

I'll share more as I find out..

Oh, when I was watching their Promo video for the GPT program they mentioned their Live trade Room is a PAY ONLY invite and the Trial Trading room is actually only held for 3 hours for a week and its not even the same Trading room as what you pay for. ( this was not the case in 2010 - Read my previous post).

I really don't know what to say.

Are the Gurus that operate the room not enough to trade their own capital?
  • #7
  • Sep 10, 2011 3:17pm Sep 10, 2011 3:17pm
forgot to add the Spread sheet. for the advancement levels

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  • #8
  • Sep 11, 2011 3:17am Sep 11, 2011 3:17am
Shocking Truth about YTR GTP program - at Level 12 which is the top Level - The risk capital that is allotted to you is $84000 .

This is not $5 Million that they advertise on their website.

"Access up to %5 Million in Company Trading Capital "

see the % sign. While many probably believed that they would have the opportunity to trade a 5mil account, the truth is that YTR has a sum of 5 Mil and you get a small sum to trade.

Where is the incentive when the program costs $10,000 ( maybe more, I'm still getting the information.)


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  • #9
  • Sep 13, 2011 9:12am Sep 13, 2011 9:12am
""With the introduction of our Global Prop Trader Program, you can start creating a great income stream by trading our company trading account!

We have developed a highly focused step by step training program that will allow you to potentially earn more than $11,400 per week by trading up to $5 million of our trading capital with no trading risk - all trading losses are completely absorbed by Your Trading Room.""

B*LLSh*t
  • #10
  • Sep 17, 2011 10:03pm Sep 17, 2011 10:03pm
Our Global Proprietary Trading (GPT) program is on the lookout for traders, of all levels, who want to start learning to trade or just want to take their experienced trading to a whole new level.

Our proprietary trading program is ideal for individuals who are sick of the rat race and are looking for a new way of life... we want YOU to trade for a living and here is why:

You could earn up to $11,400 per week by trading up to 3 million dollars of our trading capital. ( did they just lose 2 Mil last week?)

GPT is a highly focused step-by-step training program where you can:

Choose your own hours and trade from anywhere in the world
Trade a fully funded YTR account, and reap the rewards
Change your life today and become a Professional Trader
You will have access to:

A comprehensive GPT instructional curriculum
Some of the world's best professional Moderators
Personalized GPT coaching groups
24 hours a day, 5 days a week LIVE Trading Room
Cutting edge trading platform with YTR Custom Proprietary Indicators
GPT trading strategies to assist you in your ease to learning to trade
Exclusive to GPT LIVE Trading Room for GPT Members only
Extra incentives to encourage rapid progress for proven performers

I'll post some more information about the questions that I had regarding this program.
  • #11
  • Dec 25, 2011 5:11am Dec 25, 2011 5:11am
can you join the program at mid-level, like Level6 or Level7 if you provide a proven 6 months audited/signed broker statement? what i mean is can one join the prop program without going through the $10K education fees?

the main advantage of a prop program is the "forced" discipline and risk control. in your own account, you can lose several hundreds to thousands in revenge trading trying to get your losing day back. in the prop program, the platform locks you out if you hit the Daily Loss Limit for the level you are promoted to. you can't get your losing day back, but your average losing days is pretty much under control by their Risk Manager.
  • #12
  • Dec 25, 2011 1:40pm Dec 25, 2011 1:40pm
Quoting bstay2
can you join the program at mid-level, like Level6 or Level7 if you provide a proven 6 months audited/signed broker statement? what i mean is can one join the prop program without going through the $10K education fees?

the main advantage of a prop program is the "forced" discipline and risk control. in your own account, you can lose several hundreds to thousands in revenge trading trying to get your losing day back. in the prop program, the platform locks you out if you hit the Daily Loss Limit for the level you are promoted to. you can't...
nope. you pay 10k, and start off on a demo account with about $300 and you must be consistent to move up to the new levels.
  • #13
  • Edited 10:01pm Dec 25, 2011 9:20pm | Edited 10:01pm
Quoting Ipndasno
nope. you pay 10k, and start off on a demo account with about $300 and you must be consistent to move up to the new levels.
Have you done any comparison between YTR's GPT (forex) program versus the forex prop program at iFundTraders? Both are $10K education and then if you are consistently profitable, allowed to trade firm's capital.
http://ifundtraders.com/fx_advancement.php
http://ifundtraders.com/fx_7days.php
http://ifundtraders.com/fx_program.php
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  • #14
  • Edited 7:33am Jan 2, 2012 7:19am | Edited 7:33am
What about 4XProp ? http://www.4xprop.com/

They don't charge anything according to their homepage , you just need a real acc. with FXCM of 5k to establish a track record in order to be considered for trading their capital. Some say that their main motive lies in getting kickbacks by FXCM and that the prop business is used as a facade to attract customers...I don't know.

Imho, there's not much to lose if you can trade profitably. FXCM may not be the best broker in terms of spreads but apart from that...

Paying 10k upfront for some dubious training is just stupid and smells like a scam. It takes years to become a profitable trader, no "course" can make you profitable in a matter of a week.
  • #15
  • Jan 8, 2012 9:59pm Jan 8, 2012 9:59pm
Quoting Traderlarry
Paying 10k upfront for some dubious training is just stupid and smells like a scam. It takes years to become a profitable trader, no "course" can make you profitable in a matter of a week.
Of course not in one single week, that's only the formal "training" period. Usually such prop program conducts their training with 2 days of classroom lectures or online webinars on Saturday/Sunday, then 5 days of live workshop from Monday to Friday. You start at Practice Level, with demo account and very small buying power. You have to work your way up the promotion ladder every two weeks according to their progression criteria. It's not one week to become profitable the way you said it.
  • #16
  • Feb 15, 2012 9:21am Feb 15, 2012 9:21am
YTR appears to be going through a cash flow problem ATM, the live trading rooms are shut down, remains to be seen if they will start up again soon. I'm with them but not interested in the GPT program, didn't like the sound of it myself.
These days I'm only there for the trading room but as I've said the room is shut due to funding problems. I found them good to learn with, and with the basic teaching they gave, got me started. First in Sim, lost 13G, then made over a mill in 7 months, I'm now live and not expecting to do that well with my small 2G account ^_^ though I am adding pips most days.
I haven't used their indicators for a couple of months now. Realising I had to take responsibility for my own trading I went searching for non ytr indicators, some I found here in FF
Me and YTR, be time for me to break with them soon, but not because I've had any problems with them, just branching out.
"You know what needs to be addressed , completely completely reverse that".
  • #17
  • Feb 16, 2012 6:21am Feb 16, 2012 6:21am
Are their live chatrooms conducted using omNovia conferencing software? I noticed their sales webinar room expired too.

http://i.imgur.com/qFA71.png
  • #18
  • Feb 17, 2012 9:37am Feb 17, 2012 9:37am
The live rooms were through adobe, that's all I know. Looks like they may be done
"You know what needs to be addressed , completely completely reverse that".
  • #19
  • Apr 19, 2012 10:22am Apr 19, 2012 10:22am
Quoting Kmw
The live rooms were through adobe, that's all I know. Looks like they may be done
I received mailers from Vertue Trading from the same email I subscribed to YTR. Do you get the same mailers?
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  • #20
  • Apr 20, 2012 1:11am Apr 20, 2012 1:11am
Quoting Kmw
YTR appears to be going through a cash flow problem ATM, the live trading rooms are shut down, remains to be seen if they will start up again soon. I'm with them but not interested in the GPT program, didn't like the sound of it myself.
These days I'm only there for the trading room but as I've said the room is shut due to funding problems. I found them good to learn with, and with the basic teaching they gave, got me started. First in Sim, lost 13G, then made over a mill in 7 months, I'm now live and not expecting to do that well with my small...
What method are you now using to trade and what time frame?
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