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S&P 500 / E-mini Daytrading Signals |
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Click on any of the following links to see government enforcement actions taken against these signal and system providers for making false claims, some of whom are still marketing their services to the public: RS of Houston, Natural Order, Trend Reflection, Rhythm of the Markets, Swing Trader, ,Accutrader/Logitech/Index Analysis Service (George Heffernan), LSS (George Angell), Tradewins, Rapid Fire, QuantumLevel, Samurai Forecaster, Nick's Guerilla Trading Hotline, Electronic Wall Street Underground, Elliot Wave Analyzer, Pinpoint, Microflex (John Stenberg), Counterpoint Method (Steve Matrix), Mohan (Scott D. Wolfe), TCI (Tim Cho).
Q. Why don't you offer a free trial? A. We formerly offered a free trial, but found it attracted a number of traders who were not serious, many of whom were merely jumping from one free trial to the next. We also found that a number of those on the free trial attempted to gain another free trial using different names or email addresses. We believe the cost of the 5 day trial -- $95 -- is minimal and ensures that we are only dealing with serious traders. If you purchase the course within 5 days after the trial ends, then the entire trial fee will be credited to the purchase price of the course. Accordingly, the trial is free under those circumstances.
Q: I understand you do not track system performance, but can you give me a rough estimate of how many points I can expect to make in a day, week or month? What is your "average" profit? What is your "worse" drawdown in any day, week or month? A. Those who ask such questions are generally seeking assurances that they will be able to make a certain amount per month to pay their living expenses. Of course, no estimate of profit or loss is possible, nor can there be any guarantee as to a "minimum" or "average" profit, or a "maximum" drawdown. You should only trade with funds you can afford to lose. Furthermore, if you fund a trading account with minimum equity and then expect to earn trading income in order to support yourself (or, worse yet, your family) in lieu of a regular job, you might as well not even open an account. The S&P futures market is one of the most difficult markets in the world to trade successfully. It is commonly believed that more than 90% of all futures traders LOSE money. If you are counting on your trading income to pay your monthly bills, you will be doomed to failure from the beginning. The reason for this is simple: you will either become trigger shy -- unwilling to accept the possibility of losing what little trading capital you have, or trigger happy -- desperate to make some points so you will be able to make your rent or mortgage payment. In each case, fear, greed and frustration will work against you to ensure failure.
Q. Will you trade my account for me? A. No -- that is a prescription for disaster. It is simply too distracting to trade a multitude of accounts.
Q: I have my own trading system, why should I follow your
signals?
Q. How do I pay for the 5 day trial? A. You can pay for the 5 day
trial on PayPal by using the PayPal button at this link: Payment Center.
PayPal accepts most major credit cards. If you subsequently
purchase the course, the fee will be refunded by reversing that credit
card transaction. The course fee will remain at $4,995 but the 5
day trial will then have been without charge. Q. Can I pay for your course by credit card? A: No. The full amount of
tuition -- $4,995 -- will be deposited by us in a trading account and we
will trade that account for one week. Two-thirds of the profits from
trading for that period, if any, will be rebated to the student.
Accordingly, the full amount of the course fee must be available to us. As an alternative,
you may take a cash advance from your credit card to pay for the course,
but you will likely incur cash advance charges if you choose to finance
the course tuition in that manner. |