Feedback please: Would you join a $1000 pm signal service?

Quote from bighog:

Getting laid for the first time is a FREE TRIAL. After the freebie we spend our lives and fortunes chasing the next jump.

maverick74 was right on...........there never are refunds because NO ONE ever takes all of the trades.............. thats the hook that screws anyone that wants a refund.
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If they pay extra for the premium service I could have someone go round and break both their legs if they don't take all the trades.
 
Quote from Neenisti:

Interesting.

I have a friend releasing a similar service on the internet later this year (no chat room but SMS & email alerts) for Swing Trading only though . . . for free.

His guarantee is to pay you if you aren't profitable from trading the alerts that are sent.
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You think I'm kidding?
 
Quote from 1a2b3cppp:

So it's free + you get paid if you don't make money?

HOW CAN I LOSE!
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It will be free and if you prove you traded the alerts and didn't make money he will pay you for being on the site.
 
Quote from Neenisti:

It will be free...
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...and your friend also donates to hundreds of charities? What is his goal? Does he just want to share or will he eventually charge?? You see some people do it for just the companionship, but since it is SMS and text, there isn't much of that...
 
Quote from Pekelo:

...and your friend also donates to hundreds of charities? What is his goal? Does he just want to share or will he eventually charge?? You see some people do it for just the companionship, but since it is SMS and text, there isn't much of that...
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My friend isn't what you would call wildly charitable.
He is definitely motivated by profit.
It will always be free but one must register. (He wants to weed out the freaks)
Information will never be sold. (He's a privacy nut)
He is not interested in interaction with the public after the site is up either.
He explained it all to me and the concept is ingenious.
He wants to share his strategy and understands the only way people will trust it, is if it is free and they see it and test it for themselves.
If I elaborate any more he will kick my butt.
He told this site is one of the primary locations he would be introducing his website though and that is why I joined.
I'm just hanging out here lurking, wondering around & waiting.
 
Quote from Martinghoul:

Excellent...

Now, much as I appreciate the sarcasm (and I do, believe me, I do), don't you think that using the word "guarantee" in this statement:
- "the minimum guarantee would be that members net 500 pips pm following my trades"
is a bit - how do I say it - misleading?

At any rate, what you're telling me is that you want me to sell you the option (that you don't know what you're doing, that your signals stop working, etc) and pay you for the privilege of being short this option? Actually, that's not entirely correct. Given you're gonna waive the fee, you want me to give you this option for free.

I don't like your terms, so let me offer you a different deal. You will pay me $1000/month to use your signals. If they work the way you describe, I will give you back the fee with a modest performance bonus (say, 20% of my PNL). If they don't, I get to keep the fee. How 'bout 'em apples?
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Yes, this is theeeee ticket. I fact how about this, put 1K in an account, give the trader/client POA for 30 days. The trader/client gets 0% at the end, and the Signal guy keeps the profits. Then the client knows that the system is working, at least for the first 30 days.

The Ever One Upping VIPER
 
Quote from Handle123:

I had a service like ten years ago, I offered two months of brokerage statements and daily statements, once three points were made in ES, service was over for the day. Made profits 90% of the days and people still lost money, and on losing days, max loss was $200. People had no clue as to the method I was using, but I guessed many tried and altered ways of entry which changed the calls and THEIR outcome.
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Human nature will always interfere. You can give someone exact rules on entree, stops and exits. And if they follow the rules they will make money.
Because of boredom and because everyone thinks they are smarter then you they will begin to override your program and the results will not be there.
 
Quote from Mercor:

Human nature will always interfere. You can give someone exact rules on entree, stops and exits. And if they follow the rules they will make money.
Because of boredom and because everyone thinks they are smarter then you they will begin to override your program and the results will not be there.
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Bravo!
You can't imagine how many people don't understand this!!
 
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