Archive for January 16th, 2009
Foolproof Evening Trading System update…
I always find it interesting when a new programme or service is launched aimed at online investing. The developer/author obviously makes certain assumptions about how people will use their new product and create the rules on this basis.
As Louise Woof of Foolproof Evening Trading has discovered people don’t always do what you expect them to.
When the system was launched Loiuse recommended that users could use one of two spread betting firms, Capital Spreads or IG Index. She suggested that people use the charts provided by Capital Spreads even if trading on IG Index.
As it turns out most people would rather use the charts from IG Index if they are trading with that platform. The outcome of this is that Louise has issued an update to the effect that when using IG Index charts the criteria for identifying a trade can be altered slightly.
As Louise explains the overall strike rate shouldn’t change so you’d still be looking in the region of 70% successful trades overall.
I’m using Finspreads for trading so I’ll keep to the original settings. You can see the results that I’m getting paper trading in the comments section of this post.
If you are interested in learning more about Louise’s product then click here.
As Louise Woof of Foolproof Evening Trading has discovered people don’t always do what you expect them to.
When the system was launched Loiuse recommended that users could use one of two spread betting firms, Capital Spreads or IG Index. She suggested that people use the charts provided by Capital Spreads even if trading on IG Index.
As it turns out most people would rather use the charts from IG Index if they are trading with that platform. The outcome of this is that Louise has issued an update to the effect that when using IG Index charts the criteria for identifying a trade can be altered slightly.
As Louise explains the overall strike rate shouldn’t change so you’d still be looking in the region of 70% successful trades overall.
I’m using Finspreads for trading so I’ll keep to the original settings. You can see the results that I’m getting paper trading in the comments section of this post.
If you are interested in learning more about Louise’s product then click here.
