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There are a few things that always keep me thinking…… there are many online trading systems that demand to be profitable in all the ways as one can be .Do they really work or they are just for ones own profit . Do they make you profitable in the stock market; provide you with great tips…..I would like to use one. If you people have any know about this, then please let me know about them.

What you say is perfectly all right…with the ongoing systems available online it’s a difficult choice to decide which one is good for you. I don’t think that each and every system that claims to be good can be the best. You have to use the one that you feel is right for you and only after that you can decide the matter. But all that involves buying them and if they don’t prove to be good…you loose the cash. I have a high yield stock trading system that I use to trade in the stock market and its been good for me. This one is personally tried by me so I would advice you to have a go at this one

Happy Trading!!!

the only systems that are profitable are momentum systems, although you have to have nerves of steel and the pure ability to stick to the rules and be prepared to take a few losses here and there

 average returns of 3-4% per month are easily acheivable

How long have you been trading this system, and what are your monthly gains?

win / loss ratio?

Thanks...

 

 

 

Have a look at www.futurestruth.com

They are an independant tester of a variety of systems,they take no notice of any claims via back testing and try the system in real time from receiving it,not surprisingly many system developers refuse to send them in.

Another essential if your new to investing/trading in Dr Van.K.Tharps book "Trade your way to financial freedom 2nd edition"

You will learn so much about what it takes to develope or check out sucessful trading ideas as well as time tested strategies.A good system should tell you what to buy and when,when to hold and when to sell,stop loss setting variations,ammount of capital to invest and risk control

Good luck all,any further queeries please post on the stockmarket discussion forum as I may not see you here

I wasted 5 years of my life and an estimated £5k on trading courses and software. In the end I decided that my life is better without it.

I have met hundreds of people that claim to trade profitably and also met a handful that actually do. First rule: assume that anybody who claims to make a consistent money from trading to be a liar, or a scammer, or mad, or all of these. Of the 100s of people I met, 3 actually traded successfully and made money of varying degrees. All shared the same traits:

1. They are all deeply unhappy people, always angry about everything and at everyone.

2. They have various personality disorders.

3. They have no family or social life, no friend. It's them and their computers, 24x7.

Of the scammers, the less said the better. Run a mile from anyone that sells any form of trading course without showing audited, real, long-term results. Even assuming the system being sold is genuine, you still won't any make money because the moment it goes through a series of losses, as they all do, you'll either start tweaking it, or just dump it.

In the end I decided that property is a very easy route to get rich slowly. I don't wish to get rich quick.

If it was that easy, then... etc.

 

gamer:

In the end I decided that property is a very easy route to get rich slowly. I no longer wish to get rich quick.

If it was that easy, then... etc.

I also looked at trading systems for a while (not 5 years though), in comparison to property. In fact, I wanted to do both and thereby diversify myself. In the end, I decided to ditch short-term trading. Being constantly on edge isn’t my idea of financial freedom! I opted for investing instead in established companies that have held their value over time, regularly bought their shares using fixed cost averaging, and maintained my sanity that way. At least, I have a life and I am not panicking when the footsie goes up or down in the short-term.

Then I put the rest of my cash into property. This has been a good decision for me because at any point in time when I need an injection of cash I can either look to shares, or property. I do a lot of moving around funds - from shares to property then back to shares and the merry-go-round continues. I strongly believe that 'movement creates value.' Well, it has for me.

I agree with Gamer – ‘easy routes to get rich slowly’ are more sustainable, anyway.

In short, I don’t believe these trading systems work. Definitely, not even 50% of the time. Why would you choose something with the odds against you?

On and off for about 3 years

it tends to go to hell when there is crazy market turmoil, or there is a generic overall downturn

at the moment I am not trading it, as the market is too crazy, these stocks can swing 20% in several days, thus wiping out your position

 the whole market is starting to calm down now, as long as there's no crazy news

this months pick was RRS, which may still go up this week, but pretty much would be either flat or a small loss

we back tested it to Jan 2000 and it made money 56 times out of 96, and lost money about 40 times

losses are limited to roughly 24%, but have averaged around 10%

profits however are unlimited and have averaged roughly 14% 

 work through those figures and you can see on average the return is 4%

if you use spreadbetting then on average multiply by about 8.5 to take account of spreads and fees etc