Service(s)

$Performance \'09$

$Performance \'08$

Frequently Asked Questions - The Service(s)

If Your Signals Are So Good Why Don’t You Just Trade Them Yourself And Make Money That Way ?

The answer is very simple. I do trade all of my signals myself, the Performance data (2008 & 2009) is based on the exact same positions I have taken on my own accounts. These are also the exact same positions that are distributed to my customers as a signal as soon as I have placed my trades.

So, Why Take The Effort To Set Up A Signal Service If You Are Doing Quite Well Just By Trading The Signals ?

Initially, I did this so as to be able to share my trades and have a little business to run. After a 21 day free trial I charged customers for further signals, from £240 - £400 per year depending on the level of service required. This income went towards covering start-up costs, legals, website design, infrastructure, comms, etc.

Why Is The Service Now Free ?

After I recouped all of my start up costs I decided to make the service free, as was always my plan from the beginning. Having refined processes as best possible it now takes me very little effort to administer and subsequently send signals by email. I cannot possibly justify charging for sending email notifcations of trades I am executing on my own accounts anyway.

The only service I need to charge for is SMS as there are associated costs and administration I cannot cover personally. Only customers wishing to use this option will pay for it and at £10 per month I am hopeful the take-up will be such I can cover the associated overheads.

I also still take great satisfaction from what I do and from running an albeit, small, successful business.

Will The Services Suffer Now They Are Free ?

Absolutely not. I remain 100% committed to the service and the signals will still be based on the same Trading plan and rules I have always applied. As always, the only signals I send will be based on trades I have placed on my own accounts. I will also continue to post all results on the website at all times. And, the main point is I will not have my little business to run any longer if I do not retain my customer base.

I Have Used A Signal Service Before And Although Some Start Off Well, One Loss Can Bring The Account Right Back To Zero, How Are You Different ?

My services differ in a number of ways.

Risk is now limited to a maximum of 5% of available account balance on any single trade.
For each trade I typically look for between a 30% - 50% return (Core service).
Return on all 100% club trades, is as the name suggests 100%.

Some services performances are based on 20% risk per trade (something we would not recommend) and return less than 20% per trade.

I do expect losses, it would be foolish not to. But with such a high return percentage on each trade and a sensible risk attitude I am hopeful that they will not cause any great damage to our trading capital.

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