23/03/2009 by admin.

The missing trade from last week is now 2000 pips up which is just fantastic! - on a positive note again it shows the strength of the service.

I’m in 2 trades this week which are outside of my portfolio but, using the ’staking under the minimum’ on IG Index i was able to enter. Currently running at about break even.

To give a bit more of an idea on how LS Trader works ,the portfolio’s are split up into a,b,c,d,e,f,g.  a has 12 markets to follow, b has more markets and so on with g covering all the chosen markets.  the portfolio you follow depends on the size of your starting bank - with the larger portfolios containing additional, more volatile markets.

Just checked another blog re this service and the profits he made over the last 10 weeks on this service were wiped out last week due to the US Government buying huge numbers of Treasury Bonds. This caused a massive rise in bond prices as well as a surge in a lot of other commodity prices stopping out quite a few of  the short trades he was in.

Has to be remembered though that similar things happend last years apparently & they finished 1508% up so now may be an ideal time to jump in!

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20/03/2009 by admin.

Just a quick update on the review of trial of the intra day service from Winning Dow Signals.

Last week the 7 alerts produced about 100 pips profit, this week so far theres been a loss of 25 pips.       The intra day email seems to have produced a good profit again (dont know exactly because i’m not trading them yet) but a subscriber to the blog has told me how happy he’s been with it so far.

There was a losing swing trade on Wednesday of 300 pips - to put this in perspective this is the 1st losing trade since August 2008 & the biggest single loss since January 2007. Since August 08 the have produced 2000 pips - so hopefully they’ll go on another 6 month run now.

Hope the guys operating WDS decide to offer the service after the trial period - but i think it depends on how it affects their own trading. I’ve given feedback on how good it is,  so if your’re on the trial it may be worth letting them know if you rate it.

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19/03/2009 by admin.

Winner - loser - winner sequence today with Wealthbuilder.  Same result as yesterday with 9 pips, so a steady week for me.

Off topic totally but i tried Spotify yesterday after hearing a lot about it in the media - amazing programme.  A lot of you probably already know but basically you download a programme from www.spotify.com and it allows you legally listen to (not download) literally millions of tracks via your computer.  Get it from here www.spotify.com 

New bank £838.40
New stake £1.67

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19/03/2009 by admin.

For 18th March
Loser, winner, winner sequence yesterday  for me.  Getting a lot of emails from people getting different results and i think a lot of is it down to wether you’re using IG or Capital Spreads - think it will all even out in the end.

New bank £823.55
New stake £1.65

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18/03/2009 by admin.

Hi
Just to again say if anyone reading this would like a copy of the ‘compound’ calculator which i refer to occasionally, just email me & i’ll let you have it.

I find it useful to keep me positive & focused about the trading especially when you have a couple of bad days. It lets you put in your starting bank, daily pip amount you want/hope to achieve & a little bit further down any pay you want to take out.  Its good to put in a conservative daily pip figure & see where that takes you in 6/12 months.

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18/03/2009 by admin.

For 17th March

A loser followed by 2 winners today for Wealthbuilder giving a 9 pip gain for the day overall.

I’ve had a few emails from people who question wether the Wealthbuilder system takes a logical view of the market and make valid arguments against the approach it takes. All i can say is that, whilst i understand where they’re coming from, i ‘m not too concerned  wether its logical or not as long as it continues to perform the way it has done so far.

New bank £808.70
New stake £1.65

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16/03/2009 by admin.

Heres an update on how the WDS intra day trial is going in their own words.

Also a big thank you to those of you who have provided feedback on the 2nd week of the intra-day trial.  The results from those who have sent them in so far for last week range from 300 - 800 points (average 550).

We will also try to address below a couple of points that have been made by a few members during the week:

Our review at the end of the day shows the main moves that occurred (which would have netted at least 20 points profit).  The review does not include all possible 20 point moves (nor moves that could have made say 5 - 10 points profit each trade, which a lot of scalpers may use as targets).  The review also does not show losing trades.  The reason for this is trying to define what a losing trade is - some people will set their stops at a fixed number of points, others at H1 (for H2 trades) and others at recent support/resistance levels. 

Therefore a losing trade for one person may be a winning trade for another eg. one person has a 30 point stop and another 50 points, prices move 40 points against the position then turn around and move say 90 points the other way - that would be a 30 point loss for the first person but a 50 point profit for the second.  

The default settings of 30 profit and 30 loss for the trade alerts are used incase there is a problem when we send an exit e-mail - as you will have seen we move our stops up quite quickly and exit when we see resistance (however if if there is a problem with the e-mail system once we are in a trade the 30 profit, 30 stop provides some boundaries).    

The 7 trade alerts sent so far in the first 2 weeks of the trial have all been winners, generating 132 points profit.  However a number of members have expressed a desire to receive more frequent alerts, as we often have live sessions or days when no alerts are sent.  To this end for the whole of next week’s trial (starting Monday) we will endeavour to increase the number of alerts we send - as the number of trades we take increases so does the risk and there will be losers so please paper trade these (come the end of the week the feedback we receive from members will help us determine the type of alerts to send out in week 4 of the trial).

A number of you have also asked for an idea of what the price will be for the intra-day service should we decide to continue with it once the trial phase has ended.  However, it is very difficult to provide any figures as yet (suggestions from members are welcome)

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16/03/2009 by admin.

It seems that using IG or Capital Spreads can give you different results with Wealthbuilder. Neil had today down as a full 45 pip loss & someone else had an 18 pip loss but arrived at it in a different way to myself. I suppose it will even itself out over time.

New bank £793.85
New stake £1.65

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16/03/2009 by admin.

Depending on the ‘bank’ you have to start trading with LS Trader dictates the number of markets there are available for you to trade in & which of the portfolio brackets you will fall into.

The only trade given for this week fell into the maximum £50,000 portfolio (which is not what i fall into!) but i was going to enter & keep my liability down to £200 (which is the maximum for my portfolio) by using the neat trick LS Trader have discovered.

Unfortunately when i came to look at the trade first thing this morning the price had already moved about 200 pips so i decided not to enter the trade. Its now moved about 500 pips, which even at my .13p stake is still £65. The information is sent on Sunday evening so its a lesson to me to get the trades on asap - Sunday evening if possible, but i need to check when the commodities markets open with IG.

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14/03/2009 by admin.

The ‘intra day’ signal service from WDS continues to go really well, again i only traded the email alerts which produced 92 pips if you followed exactly what they advised they’d done in  their email updates.  I’d take that every week.

The support & resistance email is harder to quantify as i didnt actually trade them but i did monitor how they were doing & can confirm that the winning trades were accurately recorded.   Basically these signals made a hell of a lot of pips.

My only gripe is that there were losing trades in there (max 30 pips) which arent recorded on the results email. Every day was still very profitable, even with the losers, but i still think they should include them to give the full picture.  I think this is more a time issue because the service does seem to be a lot of work for them.

Dow - No trades

FTSE - Short H1 12.40pm = up to 60 points

EUR/USD - No trades

Trade Alerts - No trades

Over the course of the week the 5 trade alerts we sent all won generating 92 points.

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