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DeWayne Reeves
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DeWayne Reeves is the founder of CFRN and host of a popular radio program heard daily in over 20 countries. A former equities trader, he has focused primarily on the S&P 500 Emini Futures Market for the past 5 years. His insights and trading methodology are a blend of traditional technical... More
My company:
CFRN - Christian Financial Radio Network
My blog:
Christian Financial Radio Network
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  • Bloomberg Crashes While "Smartest Guys In The Room" Deliver On Time

    Phoenix AZ - April 20, 2015 2:15pm EDT / CFRN CEO - DeWayne Reeves, spoke this morning regarding the "Global Bloomberg Crash" which began during the Asian Session last Thursday evening, and carried on through the London Open, leaving many Traders stranded and in the dark.

    "This is the danger we have cautioned Partners about regarding Wall Streets complete dependence on one network to carry both "big data" and communications. Despite the redundant architecture put in place by the 'Berg to prevent just such an outage, the inevitable finally happened. The only saving grace was the timing of the catastrophe..." according to Mr. Reeves.

    As the Globex Markets continue to play an ever increasing role in overall market activity, Wall Street, City of London, not even Valley Forge Pa (home of the world's largest Mutual Fund complexes), can continue burying their head in the sand while precariously balancing such a fragile basket of eggs on their backside.

    Mr Reeves went on to say; "Interestingly enough this event happened just weeks after we announced our new strategic partnership located at CFRN.net/money. Bloomberg Terminals have done an extremely fine job of making ex-mayor Michael Bloomberg a Billionaire. Charging $21k annually per terminal, with over 325,000 terminals deployed worldwide, Bloomberg created a massive monopoly as the only player, at the only game in town, with the possible exception of Thomson Reuters (NYSE:TRI), ... until now.

    If this had happened at the New York Open or possibly anytime during the Wall Street Session, automated trading systems suddenly faced with an absence of data could have begun triggering Sell Side Orders, programmed into many systems as fail safe technology, but far too akin to the infamous dead man's trigger, for my comfort.

    The results could have easily lead to a systemic crash with much deeper ramifications than the "Flash Crash of 2:45" which took place on May 6, 2010 and dropped the Dow Jones Industrial Average (DJIA)1,000 points in a matter of minutes.

    This lone incident serves as a warning shot across the bow of every Financial Wizard, a clarion call to all Traders, Bankers and Money Managers 'round the globe that placing the worlds Financial Faberge' Eggs, all in one basket, is no longer an acceptable practice.

    While we have great respect for the groundbreaking work and miles of track laid by Mr. Bloomberg and Co., these trains of the past must now give way to the future of flight."

    Meet our new Strategic Partner - CFRN.net/money

    An article on CFRN's Emini Community Blog last night (the worlds largest and oldest network of Emini Professionals) rather humorously asked:

    • Does your Streaming Live Data Equity Platform smell like mothballs?
    • Is it reminiscent of Mr. Rogers one fashion statement (the grey cardigan)?
    • When you take it out for a spin does it handle like Dad's 1988 Oldsmobile?

    Don't get caught with your Data down - visit our new Strategic Partner today and take advantage of a very special offer created just for you - CFRN.net/money.

    Wall Street has a new address, YOURS!

    Trading's Not Easy - But It Can Be Simple!


    Questions?

    Call us toll free @ 866-928-3310 during normal business hours.

    After Dark - email support@cfrn.net or call 949-42-EMINI

    Connect with us: Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

    Please leave a review on iTunes

    Apr 20 7:13 PM | Link | 2 Comments
  • How To Find A Live Emini Trading Room

    The Global Futures Trade Room Industry

    Right now - today - the global futures trade room industry is massive (currently 728) and growing at a rate of about 60 new rooms/yr.

    When I started to evaluate futures trade rooms in 2009, finding the most successful rooms was an intractable problem - there weren't any established guidelines, rooms could not be distinguished using search engine parameters, and all glittered with success and wealth. Free room trials were still the best option, but to accelerate data collection, I evaluated 3-4 rooms simultaneously each day for many years. Unworthy rooms taught me what to avoid, and I set them aside quickly. Worthy rooms taught me valuable and desirable criteria, and I spent protracted periods of time in them. Now, having observed, analyzed, and evaluated all 728 rooms, I consider myself a well-informed parrhesiastes retail trader. I offer fellow retail traders six truths and three pivotal guidelines that allowed me to find the 12 best trade rooms.

    (Article written for Trader Planet by Dr Dean Handley)

    Read More

    Mar 18 2:05 AM | Link | Comment!
  • Learning To Trade Emini Futures For A Living

    Everything that we are, that we've accomplished, that we do, strive for, look up to and have worked diligently, tirelessly and even often without pay for, these past "9 plus" years...

    Watch This Video

    is in this video. How is that possible? (It's a very long video)

    No, I was just in one of those moods.... soap box, cry out to the masses, please get out of the 90% line and start building a business. If not with us.... with Someone!

    We trade LIVE for 2 hours every day - 9:30-11:30am EDT. Real Money, Real Time, Real People. Anyone can look like a genius with a historic chart, but one thing never lies...

    A LIVE Real Time Chart. Now, the guru can dance around the live chart and try to turn spit into shinola, but today's consumer is well educated.

    You know when you're being made mock of. Don't you?

    Along with trading live for 2 hours, we then do 2 hours of Live Radio. We trained traders for FREE for 4 years until our lives became so overwhelmed we were forced to put a price tag on it. We make no apologies for that. It was quite altogether... or the alternative....

    If you drop into the Radio Show you'll find that after the 2 hour show I'm still there burning up a Podcast (as I've done for 9+ years) and Vodcast, teaching and training whomever shows up.

    We also offer our Concierge Trade Alert Service - there was a 3+ year Public Beta Test before we released the product. It's about as transparent as it gets. I send our Partners and Clients an Email each night with 8 markets / 2 trades per market / 16 potential trades. The trades are good multiple times around the clock until the new set of Alerts arrive the following night.

    Each day on the Radio Show, I meticulously go through each Alert, each trade, bar by bar, to see just what the end results were. As I'm doing the re-cap, those Alerts are still viable. Again, a Live Chart CAN NOT Lie. While I yammer, the audience asks questions.

    We've backed ourselves into a corner where we are forced to tell you the truth day in and day out. If we have a rough day, we just show you. Not only do we show you, we video it as it happens and then we video it as we tell you about it.

    If you ever want to see s recap video from a specific day or even a Live Trading Room video from a specific day.... just ask.

    If you watch the video above, i really think you'll want to take our Trial.

    Platform, Data, Indicators, 2 hours of Live Trading - 5 Trading Days in a row, Private mentoring (just ask), and even the trade Alerts if you take the right trial.

    If you're new to trading you'll take a look at us and say - 'Fair enough".

    If you're a beat up veteran like me, a mediocre trader who walks with a limp, you'll be a little more skeptical. You'll be more concerned with finding the chinks in our armor than actually learning what we have to teach you. I encourage you, please leave the Chip at the door, come with an open mind, if we're not your cup of tea, said Chip will still be waiting. No one will steal it.

    A guy wrote me the other day and said "I've been burned more times than...", I extended my apologies for his losses and assured him I had traversed a similar path. He said "I've watched you, clocked you, and I'm quite certain you're the real deal. In fact, I'm so certain that I'm willing to pay you more monthly "pro-rata" than you charge annually or quarterly."

    As money hungry as I am, I was forced to turn him down. Both times. Why? It would be unfair to those who came, watched, traded, and then made a commitment of both time and money, to Learn How to Trade". We'll they'll never know. True, but I will.

    We are becoming what we sat out to be -

    "The Greatest Trading Company In The World". (IN A HUMBLE MODEST WAY) =)

    Not the tallest, smartest, richest, heck we don't even smoke cigars or have surgically enhanced wives... we're just Traders with a vision. We promised EACH OTHER after many years of struggling, IF we cracked the code, we would share the wealth.

    Come visit tomorrow. http://cfrn.net/apply Get your share...

    If you're turned down because you've already had a Trial - http://cfrn.net/second-chance

    If you're turned away there, email me - support@cfrn.net .

    Make me 1 promise and I'll let you in any way.

    The promise is you will meet me tomorrow afternon in a small group meeting with others who are on their second or third trial and with open mic's, we're going to figure out why many of our people stand proudly in the 10% line, and yet so many outside our community remain in the 90% line.

    Don't worry, your identity is safe with us. You'll be addressed by your first name only. If you prefer to type than talk on the off chance someone will hear and recognize your voice, fair enough.

    From Rockefeller to Trump, they've all written that to create true wealth requires multiple income streams. We're blessed because we have 3 in one.

    • We trade.
    • We teach and mentor.
    • We sell the only computers built in America by hand, designed specifically for Eminis

    We also have streams outside of the Trading World. Real Estate by the way has never been better. Rates are low and Janet keeps Yellen she's gonna keep them low. A second wave of foreclosures are about to rock this nation like a Tsunami. Better yet, go buy property in Greece, maybe even a business. If you want to grow your trading business beyond your own trading desk, Greece (if there's any reliable hi-speed internet left) is the perfect spot.

    If you need to learn to trade in time to make next month's mortgage, we can't help you. If, on the other hand you have 6 months to a year, to focus and build a business, we may be your guys.

    Use the links above and if need be, email me - support@cfrn.net

    If you really want to see what we have and what we do, I'll get you in. I am the Founding and Managing Partner so they humor me like that.

    Let's do it. Let's see if YOU have the stuff. In 5 trading days, I'll be honest, but gentle.

    See you tomorrow.

    Blessings

    DeWayne

    ps/ if the links above turn you away, email me and I'll get you in.

    Read about us in Trader Planet.

    Read about us at Trader HQ.

    Mar 11 1:10 AM | Link | Comment!
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