MoneyTec.com Traders Community Forum - View Single Post - No Win

Mburdge · 14-06-2005, 03:57

Hi Mick,

Each time a system vendor places a trade, they input it into the trading platform on the site. The trade is therefore logged at market prices, and the same hapens when they exit.
So the trades are accurate, time stamped and verified.

What yuo need to look out for is the money management. Each system starts with a notional $ 100,000 account. If the system you mentioned is fairly new then they are probably betting the ranch on each trade.
If however, it has been gong for some time, the money management may be OK.

If you go to the details of each system, you can view all of their closed trades and make your own judgement. (The only thing you have to subscribe to see is the open trades)

All the best

Mark

14-06-2005, 03:57	#24 (permalink)
Mburdge level 1 Join Date: Mar 2003 Posts: 67 Rep Power: 0	Re: No Win - No Fee, or Monthly Subscription? Hi Mick, Each time a system vendor places a trade, they input it into the trading platform on the site. The trade is therefore logged at market prices, and the same hapens when they exit. So the trades are accurate, time stamped and verified. What yuo need to look out for is the money management. Each system starts with a notional $ 100,000 account. If the system you mentioned is fairly new then they are probably betting the ranch on each trade. If however, it has been gong for some time, the money management may be OK. If you go to the details of each system, you can view all of their closed trades and make your own judgement. (The only thing you have to subscribe to see is the open trades) All the best Mark