How to verify our claims
Introduction
One of the best parts about Magic Money is that you really don't need to trust us! This is not a hedge fund with some bright individuals who will manage your money better than anyone else nor is it some mastermind created around a heroic individual with a plethora of accomplishments who will guide you to the promised land of financial abundance. What you are buying from us is code; high-tech computer code that you plug into your account against which it tries to make you money. It's really that simple.
As such, before you have even given us a penny, you can verify that this code is indeed authentic and will do what it claims it will do, in the same way that a mathematician or scientist can verify proofs and theorems, using the techniques mentioned in this article.
Performance Verification
You can fake a screenshot, you can fake video proof, you can even fake reviews and testimonials, however, unless you own tradingview.com, you cannot fake the results of a published script.
Sure, you can tamper with the script to produce disingenuous results as we had mentioned in the how to spot scam trading bots article, but once published you cannot fake or tamper with the generated data. This therefore provides us with a ground truth for the following derivation:
- Click on the hosted TradingView script for the product that you want to verify by clicking on the link to it in the product description. Then navigate to Strategy report > List of trades to check out all the trades.
- Then navigate back to the product images and find the screenshot for this list of trades in TradingView along with the accompanying screenshot for the list of trades in Ninjatrader.
Since the list of trades from the TradingView script is ground truth, you can then derive that if the NinjaScript trades are similar to the TradingView ones then they must be following a similar logic to due to which they are similarly true as well!
[If you doubt the authenticity of the screenshots, you can watch video proof of them being generated in real time here. It's important to note that since Ninjatrader is a completely different platform to TradingView with a different datastream, programming language and additional modifications to the script to further improve its performance, the entry times/prices and the profit figures will be slightly different. However, the entry and exit candles on which the signals get issued should be similar if not the exact same.]
- Given that you can trust the trades screenshot in Ninjatrader the next step is to compare the value in the Profit column of the trades screenshot to that of the Net profit column of the monthly equity curve screenshot in the product images.
Given a perfect 1-to-1 correlation between these values implies that if you can trust the trades screenshots then you can trust the rising monthly equity curve for the months displayed in the screenshot. If you can trust the equity curve for its most recent snapshot, then you can also trust its projection back in time to the start of its backtesting range with its results.
[If you don't trust this backwards projection based on the trades screenshot since you think it might be altered, you can draw a similar equity curve correlation with the hosted TradingView script to then trust the recent months snapshot and therefore its backwards projection in the Ninjatrader screenshot.]
- Given that you can trust the monthly equity curve screenshot, the final step would be to tally up the Net profit numbers for the current year from it and then compare it to the yearly equity curve screenshot in the product images.
Given a perfect match between the summation of profits for the current year on the monthly screenshot against the net profit for the current year on the yearly screenshot you can then deduce that the yearly equity curve can also be trusted, due to which it's backwards projection can also be trusted!
[NOTE: these tests were conducted using Ninjatraders default backtesting datastream. If you use a different dataprovider like Kinetick and the backtesting data gets loaded up from their feed then the results before 2017 appear to be slightly different. Moreover, the OHLC values of the different datastreams in Ninjatrader also start to differ from the OHLC values of the data in TradingView when you start to run deep back tests across time horizons that span more than a decade.]
With these 4 steps you can verify our claims around no losing months, trade profitability, win rates (by deriving the average of those columns from the verified screenshots) and no losing years on your own without even touching the strategy. It's also important to note that the backtesting data is a great approximation but not completely accurate since the Ninjatrader version tends to perform better in the live market, but at the same time past performance is no guarantee of future performance so approach this derivation with a grain of educated prudence.
Competitiveness Verification
We make some bold claims around how we provide market beating returns and how the performance of our bots beats that of most traditional asset classes across the world when it comes to generating monthly recurring revenue or yearly returns. However, you don't need to take our word for it!
Thankfully we are living in an era where you can easily verify our claims using Deep Research across multiple AI platforms. These LLM's scan the entire internet for their reports where they take our performance metrics and pit it against every single offer that's currently available to you on the market to give you an unbiased opinion on our competitiveness on a global landscape.
You can do this on your own by:
- Taking a screenshot of our product images which shows the performance metrics of our bots.
- Attaching these screenshots to your message/prompt panel for the AI of your choice that can perform Deep Research.
- Asking the AI to scan the entire internet for all possible offers across the world that beats the performance metrics of our bots.
Here's an example of the Deep Research reports for the SublimeMRR Series to give you an idea of what the finished reports will look like:
Each product description contains links to the relevant reports for convenience but feel free to recreate them with your own unique prompt that might contain nuances that are more relevant to you in terms of the specific metrics that you value in an investment.
Delivery Verification
Post purchase you will receive an onboarding document and video that go over the details of setting the bot up properly as well as certain nuances to keep in mind in terms of its operations. However, if you are still not convinced you can always perform this 3-step verification in Ninjatrader to verify that the bots can indeed deliver results before connecting them to your live account to manage real money:
- Run it on the backtester to recreate the results that you see in the product images.
- Run the strategy in playback mode to verify the results that you see in the backtester in order to trust it's deep time reports.
- Run the strategy in simulation for the first month to see how it performs on a technical level with live market data and then compare these results to those generated by playback testing during the same period.
If the bot manages to successfully pass these 3 steps filter, then you know that you can trust it with your real money and start seeing results that was advertised. If you are reading this as an outsider, then you can follow us on social media and eventually get in touch with someone who has made a purchase to verify its authenticity.
[NOTE: It might be the case that sometime the results generated during simulated trading might differ slightly from the results generated during playback testing on Ninjatrader, however even in these edge cases what's important to keep in mind is whether the bot is still profitable and if those profits are within a comfortable enough range to offset the discrepancy. Due to the technical complexity of the bots and the Ninjatrader platform there might be moments of discrepancy, but our bots are designed to mitigate them to still emerge profitable regardless of trade slippage/late entries.]
Conclusion
The methods mentioned above will help you verify the authenticity of our claims independently before making a purchase. As our brand grows you can expect more testimonials and ratings to emerge for each product both on our website as well as on other neutral platforms. You can also keep an eye out on our YouTube channel for video proofs for the trades as well as backtesting results. You can also checkout our official Ninjatrader ecosystem listing for further reassurance.
However, as you would have noticed by now, our strategies come in a tiered pricing model, and we try to make the prices of some of our starter tier strategies affordable enough for most to participate. As such the best way to verify our claims is to buy one of our cheapest strategies and then survive that initial expense for long enough before the strategy starts to generate returns that more than make up for your investment while also setting you off on your journey towards securing lasting financial freedom with us.
If you have any other questions, then feel free to reach out to us via the chat box in the bottom right or via a DM to our X account. We look forward to onboarding you and wish you the best with your research before the purchase!
Best,
Alan Trudor