Hey, this thread was great. I am really disappointed that it ended like it did.
I will say this...the most important thing about a review like this should be to determine if the signal provider is honest or not - in terms of how they report their results.
It does not appear that during the time that this review was done that there was anything dishonest about their reporting of results (though I am always bothered when I hear about a signal provider not consistently getting emails and text msgs. to their customers because this can be a form of fraud in and of itself).
And, the results since then have been pretty good. I have always felt that there is no signal service that can be traded alone, you need to build a "portfolio" of signal services that will allow you to smooth out the equity curve (if you plan to trade signal services at all that is). However, there is no combination of signal services that will prevent you from still having large drawdowns, and there is no combination of signal services that will prevent you from having overall losing months (and sometimes those losing months will be large). I was a little surprised by the tone in this thread a few times, as it sounded like we should be disappointed by the results that were being experienced, especially toward the end of the tracking....but from what (little) I know about trading, the most important thing in this exercise was to validate that they were tracking their results accurately, and then from there just look at the results before this thread began and the results since this thread began to get an overall view of whether this service would be good to trade over the long term and then leverage yourself appropriately. Matter of fact if you look at the results on their website, this thread was created and being updated at one of their worst time ever.
However, one could also make the argument that it was the fact that this thread was being updated regularly with real time results which led to the results being posted honestly during that period of time, and thus the results showing are bad. And that all of the other periods when the system has done great, it did great because no one was tracking it? I doubt that but just thought I would give food for thought. Does seem like a big coincidence that this thread was started and maintained during the worst period in their history, and then as soon as this thread was stopped things started working really well again.
At any rate, as far as I am concerned, if the results on their website our truthful / accurate, and assuming that over the long run they can be achieved after
slippage, delayed signals, etc....then this is the best signal service that I have ever seen.
Has anyone who responded to this thread continued to trade the signals?
08-11-2008, 01:24 PM
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