Honesty, pricing, process and quality scores appear once 5 customers have rated them.
About Spy Money
Spy Money, LLC offers indicators and Auto Trading Bots for NinjaTrader 8. The Ninja Suite is a suite of products including indicators and auto trading bots. You also get live training and prerecorded training videos when you lease The Ninja Suite.We are mainly a futures trading company. We have a YouTube channel so please check out our videos by clicking on YouTube logo at the top of our website.
Spy Money, LLC (spymoneyllc.com) has 57 customer reviews on The Fair Hearing, with an average rating of 4.2 out of 5.
Great community, great support, and great products. My experience is a bit different from most. I can honestly say that this community is for intermediate to advanced level traders. I’m sure there are success stories from the noobs but my main issue with this experience is mainly the bots.
- The gladiator bot lacks consistency
- Entirely too much drawdown
- The bot doesn’t incorporate past market patterns to make more profitable decisions moving forward in the market
- bot doesn’t identify chop as well as I thought it would
I wish I had a bit more time and money to just learn how to manually trade but I figured I’d give the “hand free” bot a try.
Let me make this clear also, Brad has an awesome business here, and I’ve learned a lot, more than I’ve ever learned in any trading group.
You can tell Brad actually cares about the products he’s putting out. I just think personally the bot is going to need YEARS of back testing and proper coding to get it to where a complete noob can come in the circle and become profitable in a very short amount of time.
I love spy money but I hate the bots! If I ever get a chance to tap back into this arena I’ll be leaning toward trading manually when I have more free time.
Thanks for the opportunity guys!
👍🏾
By Eric J.
Response from Spy Money, LLC· Jan 4, 2024
Thanks for the review.
I guess I'm a bit confused why it would be a 2 Star review considering you're overwhelming review of me and my company.
Gladiator is a hands free bot. Users make money with it everyday
Someone posted today they passed their APEX eval and went to a PA account. They now have a good cushion and will be taking the max amount allowed this payout period. He runs it hands free and has a pnl set to automatically turn off at the given amount.
Another person posted they hit their goal and it shut off.
Both of these are new users and will continue to renew. I'm sorry you didn't find the same results but Gladiator is hands free.
Last night it had 4 straight wins. Each win would've hit the goal that I teach.
I teach manual trading and that is definitely the best way to trade. No bot will ever trade like I do manually and I have a bot that will enter every signal I teach in Trading Levels.
I wish you the best Eric and hope you find something that works with your style of trading.
Brad
Overall, not a great experience and cannot recommend.
I have been trading for 3 years and was looking for something to help me get to the next level. I had been watching YouTube videos from spy money for months and finally decided to pull the trigger. Brad made it seem very simple and easy to use but I did not find that to be the case. As soon as I signed up, I was invited to a discord and had access to his website with an immense amount of material that I honestly found to be overwhelming and confusing. It just felt like drinking water from a fire hydrant and I had to have a degree in aerospace engineering to understand. I did my best to get through it and followed the steps outlined in all of his videos. I made $350 the first day and then lost $3.2k the next two days combined. I believe the number of updates to about the dozen of different aspects of software he has, alongside all the posts about it is generally unrealistic to follow on a consistent basis contradicting the simplicity of how it is perceived in the Youtube videos. Even when it came down to me posting that I just lost 1.5k and to repost the settings I was just met with "just read what I wrote". He is confident in his software and I'm glad it works for some people, but I wouldn't say the majority would have that same experience. I am in multiple trading groups and wouldn't be able to recommend this to anyone. Furthermore, I'm sure I will be met with a rebuttal saying I just wasn't using it correctly and that's also fine, but before leaving the server there was less than 40 people on it so probably not for the average Joe. Overall, I cannot recommend.
By Andrew W.
Response from Spy Money, LLC· Aug 21, 2023
Andrew,
Thank you for posting the review. Good or bad, I learn from reviews.
Trading is very simple "if" you follow the rules. I go over rules all of the time in Discord and also in training videos on my website. Rules Rules Rules. Without them, you are going to fail as a trader.
There is a lot to learn to trade the way I trade. Someone that has been trading a long time, as you have, is harder to learn my way due to still wanting to do the old habits. You mentioned you are in several trading groups. If those were not working for you before joining my program, why did you continue those groups and not go 100% into my trading strategies? This is what happens to most traders that have been searching for a winning system only to keep doing what wasn't working for them in the past. No matter what system you use, if you continue this you will never do well with the sytem you are "trying" now.
I have a lot of information on my website to learn. I have several strategies you can learn but not everyone can make money on one strategy. Some work better on one, whereas others can't use that one. One strategy doesn't fit all.
It all comes down to 3 things though.
1 Strategy, to know when to enter.
2 Learn where to put your stop and how to trail.
3 Levels to know where to take profit.
It's actually very simple if you know these 3 things and follow the rules surrounding these 3 simple rules, which I cover every day in Discord and all training materials. I'm sorry you never followed my teachings of these rules. This review would've been different if you had.
In all videos and training, I explain to trade on Sim until you understand the strategy you are using. I tell this on YouTube, Discord and training material on my website. I'm not sure why you would start trading live on day one. It's completely against everything I teach. The second day you lost money so I would think you would pullback and do as instructed and trade Sim. This was evident you did not understand the strategy because the strategies I teach, work. Then day 3 you trade live again. Once again, you lost money. At this point you say to yourself, my system doesn't work and cancel the subscription. You never followed my rules nor did you follow what I teach regarding trading Sim at first. I cannot control what others do. I can only teach what to do.
You posted in Discord you had a loss and asked a question regarding what we had just typed out for 30-60 minutes in Discord. I made a comment to read above, what we just discussed, because that answered your question. I'm not sure why you think I should take my time and retype everything again when all you had to do was take your time and read what I just discussed. That is not fair to me or the group in Discord. All you had to do was scroll up and read what was just discussed. This is on you and not me.
My software and training work for the majority of the users. I have a high retention with some being with me for almost 3 years. Yes, some quit because they do not study and follow the rules of trading. This is not a magic bot that will make you millions while you go to work. I never have said that. This is why we have a pause button and discuss chop etc.
When you left Discord, I had deleted everyone due to a new signup system I implemented into my website. I have over 100 users in my group but not everyone is in Discord. Users were still signing up in Discord for this reason. If you had read the email sent out to you and also the announcment in Discord made days ahead of time, you would've known this.
I wish you the best in your trading endeavors and I only hope you find the "magic trading system" that works for you. I would encourage you to find one system and use it. Mixing several systems together will never work and I believe that is what happened here. My system works and there are plenty of profits in Discord to prove this.
I wish you the best :)
Brad Sanford
