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September 2010
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Archive for the LS Trader Category

Free Trial with LS Trader

Not revisited LS Trader for some time as they havent had the best year following their ridiculously profitable year last year which saw them make a 1500% gain. 

Just received an email from them this week advising that they are offering a free 7 day trial of their full service. Now, personally i dont think 7 days is anywhere near enough to get a full feel of what this service is about but maybe thats not what they’re trying to do. You could always ask for a full months trial & see what they say.

A lot of market gurus feel that there will be strong gains in commodities next year so it  may well be a good time to start with them. I’ll certainly be watching the results.

Details are here


LS Trader Update (at last) 10/09

Finally entered trades using the LS Trader weekly emails on Monday after getting the bank sorted out.   There is guidance provided which specifies which ‘portfolio’ is appropriate for you depending on your bank size but as there is a way of reducing your minimum bet size with IG Index i’m basically going to take all the trades until my maximum level of trades is reached - 15.

Good start to the service this week - obviously cant be specific about the markets but the breakdown is;

Metals;
1 trade +£12

Soft Commodities
1 trade -£24

Currencies
1 trade +£198

Bonds etc
1 trade +£45

For more info on LS Trader click <a href=”http://www.lstrader.co.uk/index.php?referral=5132″>here</a>

Start Trading LS Trader From 17th August

Have access to my LS Trader account now and will report how this weeks trades have gone at the weekend. The guys at LS Trader are quite confident that the markets they are looking at will start trending now so are looking forward to big profits from now until the end of the year.

They’re actually 28% down for the year which is unheard of (they made 1508% profit last year) as they usually make around 150% per year, so this may well be the ideal time to join them - even if they end up only breaking even for the year we’ll make some profit.

The return of LS Trader

For those of you who’ve been following the blog for a bit you’ll know we did subscribe to LS Trader for a few months. I decided not to continue when the subscriber I was sharing the costs of membership with decided not to renew.

The service was having a pretty average time of it then but another subscriber has approached me to confirm that it has turned around.  Still not on course for the average of 150% per year they expect to achieve so it may be a perfect time to be resubscribing.

Its very much a long term trading system and some of the trades can take months to complete but its probably the most low maintenance service you could subscribe to - get the email Sunday night, action it & leave until the following Sunday. Ideally you shouldnt even check your account but thats easier said than done as i’ve found.

Lets hope the up-turn continues for the service and the rest of the year shows big gains.

Final update for LS Trader

I’ve taken the decision to stop trading LS Trader for a couple of reasons. The main one being that the guys i was sharing the £147 per month subscription with have decided they dont want to continue so its just too much to shell out for me at the moment.

The actual performance hasnt been that great recently either and whilst i only ever looked at it as a long term service i think i need to divert the funds allocated to it to another service which can provide a regular income.  I may well go back to it but at the moment its just not really what I need.

Tough time for LS Trader

LS Traders currently in a down trend, i had a few trades close out this week and the balance is now standing @ £2623.12 with a running loss of £86.99. Not uncommon for this type of long term trading service to go through these patches hopefully will turn round pretty quickly.

LS Trader Update

I personally had a mixed week with LS Trader last week although the balance of their full portfolio went up over 6%. I banked some more profits which leaves me currently with a bank of £2,923 & running profit of £120.

LS Trader continues to produce big profits

LS Trader continues to perform amazingly well - over the last 2 weeks the overall balance of the their account has increased by 39% & 22 out of 23 trades were in profit.

Thats obviously the full portfolio whereas i have a scaled back portfolio due to the starting balance i had. Even so my account balance at IG Index has gone from £1200 to £2853.88 with currently £440 running profit.

In truth though the account balance has only increased by that amount because i have been making the fatal error of watching the account during the week and ‘banking’ parts of the profit & letting a smaller amount run.  If i had just left all the trades to run at the original amount the actual balance would have only gone up by a couple of hundred pounds due to rollovers but the ‘running’ profit would be closer to £3500.

And this is all for 10 mins work on a Sunday night/Monday morning (or at least it is if you can leave the trades alone once you’ve placed them)

Changes to the blog

A fellow trader has offered to help with the updating of the blog which, apart from more regular results listed, will also mean more services trialled.

As well as more regular updates on Winning Dow Signals & LS Trader we will be looking at the service offered by the guys @ http://www.intelligenttradersclub.co.uk   & a specific service provider on http://www.zulutrade.com.

Zulu Trade allows you to subscribe free of charge to an FX Trader from the hundreds registered with them. Once you’ve susbscribed and got an account with a suitable brokerage Zulu place the trades on your behalf, shadowing the trades placed by your provider. Well aware of the potential issues with this kind of set up but Zulu have been established for a long time and are the leading provider of this service in the industry so we’ll just have to see.

I’m trialling something entirely different - all the details are here; http://robobets.com.   Never had much faith in horse systems or tipsters but i’m not really too bothered about where our winnings come from to be honest.   Its free until you make £100 & then have to choose a subscription option - again time will tell but i think i’ll like this one if it comes off.

Not totally binned Wealthbuilder but hasnt made any progress bank wise for the last couple of months and thats obviously not what i’m looking for. I’m going to keep an eye on the systems performance on the German DAX index because a couple of people have told me they trade it successfully. It seems to have been less volatile than the FTSE over the past month and if you back test on IG Index going back to the 8th May its made around 100 pips.

good week for ls trader

Just to let you know that my LS Trader trades finished £930 up.  A really good week & more in line with what they expect to provide for subscribers so lets hope it continues.  Overall, including current trades £700 in credit.