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I just don’t understand why any trader with a successful method would bother with all the hassles of running a trading site.

I know I have heard all the reasons, like so and so just wants to help others, I don’t by it.
 
You best have a big account if you want to trade around economic releases. It’s basically a coin toss that is unless you’re Goldman Sachs who gets the numbers in advance.

The volatility around releases will destroy a small account with risk management in place. And if you’re not using risk management your just one trade away from busting out your account.
 
Quote from FattBurger:

I just don’t understand why any trader with a successful method would bother with all the hassles of running a trading site.

I know I have heard all the reasons, like so and so just wants to help others, I don’t by it.
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because they DON'T have a profitable system since inception



Here is the summuary they sent me :



October 2009

oktoberte.jpg



November 2009

novemberte.jpg


December 2009 :

decemberte.jpg


January 2010 :

januaryte.jpg




Summary
october profit 5,554.6
november profit 1,378.80
december loss 2,012.90
january loss 12,811.10

TOTAL LOSS ONLY $7,890.6



Why don't you come back when you have recovered from your $8,000 loss
instead of misleading people ?
 
If you don’t see an account min need, or risk management rules, or firm discipline needed to trade in there introduction, just pass on by, all there after is your money.
 
Quote from FattBurger:

If you don’t see an account min need, or risk management rules, or firm discipline needed to trade in there introduction, just pass on by, all there after is your money.
More...



Look at the statements, they have an open loss of around $20,000 > no risk management , scalping for 1 to 2 points but having an open loss of 20,000 :D
 
Quote from FattBurger:

You best have a big account if you want to trade around economic releases. It’s basically a coin toss that is unless you’re Goldman Sachs who gets the numbers in advance.

The volatility around releases will destroy a small account with risk management in place. And if you’re not using risk management your just one trade away from busting out your account.
More...

One contract ES per $3000 or so with a 3-4pt stop and 1-2pt target seems to work. We've been 100% this month with no stop outs. As a trader I always avoided news releases but this system makes it managable.
 
Quote from puretruth:

Look at the statements, they have an open loss of around $20,000 > no risk management , scalping for 1 to 2 points but having an open loss of 20,000 :D
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For the 4th time dude, we have a scalping system on news releases, possition trades with 10 oil contrcts overnight IS NOT OUR SYSTEM.
 
Quote from FattBurger:

You best have a big account if you want to trade around economic releases. It’s basically a coin toss that is unless you’re Goldman Sachs who gets the numbers in advance.

The volatility around releases will destroy a small account with risk management in place. And if you’re not using risk management your just one trade away from busting out your account.
More...

They are selling a method to capture the move around releases.
legit? no idea, but they sure claim it works.

TINS
 
Quote from thisisnotsurfer:

They are selling a method to capture the move around releases.
legit? no idea, but they sure claim it works.

TINS
More...

We have an office you can visit any time and look at our trade log, we post brokerage statements and a video journal of all trades ... we're working on getting brokerage statements, Till then, audited by a 3rd party. Let me know what we can do to show ya we are legit as a Elite Trader paying Sponsorer.
 
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