Hi,
I have one new review and some updates for you today.All past reviews and current trials can be found here:
http://www.cash-master.com/
Boss Trading Method
Update by Graham Laurie
in eight weeks, I decided to have a look myself. I have to say, I'm
well impressed with what you get, especially as it's a one off
purchase with no ongoing subscriptions or data feeds etc. And it's
a very reasonable price too, compared with similar products on the
market. Included in your purchase you get access to a members
website where videos of each days trades are uploaded regularly,
usually daily, going through each trade so you can see that you're
doing it correctly.
There is also a members only Skype room with a good bunch of people
in there every day. The author, Lee, is usually in there too as he
trades the method full time, so there's pretty much instant support
if you need it either from him or from other seasoned Boss traders.
This is an ideal trading package for beginners and seasoned traders
alike and the results since Chris's test have continued to be very
impressive, totalling 1544 pips profit for 2011 so far, which is
£15,440 at £10 a pip.
If you don't already use this method, or you are looking for
something to get you started in trading, then I highly recommend
having a look at this. It's a brilliant all round trading package.
You can get it here:
http://www.cash-master.com/
Financial Fixed Odds Profits Course
Reviewed by Les
This is a one-off review of Canonbury Publishing's Financial Fixed
Odds Profits Course (which I will refer to hereafter as FFOPC).
Unlike the vast majority of financial systems/methods that are
concerned with trading the markets (either using spread betting or
a traditional broker), FFOPC is all about making money from
financial fixed odds bets using the Bet On Markets service. For
those readers who are not familiar with Bet On Markets, this
service offers a variety of financial bets where the user can
specify the criteria and payout behind the bet, and are then quoted
the cost of placing the bet. E.g. "I predict EUR/USD will not touch
a price of 1.62600 in the next 5 days for a payout of £500?. The
platform would then quote the stake that would be required to "buy"
the bet (e.g £400). In this case if the bet won the user would
make a profit of £100. One of the key differences between betting
this way and the traditional trading approach is that the risk and
potential reward are fixed at the outset, i.e. if the best cost £10
then it is impossible to lose any more than that.
FFOPC is based around the use of Bet On Markets' "no touch" bets.
With these type of bets, you are effectively betting that the
market will NOT touch a particular level between now and some point
in the future (e.g. a week). Therefore if you think that the
market is going to rise over the next few days you could place a
bet which specifies that it won't touch some level BELOW the
current price. If the market does indeed rise (or even stays where
it is) without touching the specified level then you are a winner.
Obviously a level close to the current price carries more risk and
that is reflected by the greater odds in the bet compared to a
level that is quite a way off the current price.
Now onto the course itself. The package consists of a 140-page
manual with an accompanying set of CDs that covers the material in
great deal. The approach to identifying bets is based around 3 main
cornerstones:
1. Trend identification
2. Divergence
3. Support & resistance
Some readers are going to shudder when they see point (2) above
(myself included!) Correctly identifying divergence on a chart is
one of those areas of trading that comes naturally to some and is
almost impossible for others. It's such a fundamental part of this
course for picking potential setups that if you're one of those who
struggles with divergence then you're in for a torrid time with
this method. That's not so say that putting in the spadework won't
help as like most things practice can be very beneficial.
I found the materials in the course to be of very good quality, and
there are lots of useful principles that can be used in regular
trading as well as the fixed odds counterpart. I would say that the
core method contained in the course is certainly at the subjective
end of the spectrum, so if you're a trader who likes to just follow
signals then you will be disappointed. The authors do provide a
number of very useful flowcharts to help with the decision making
process, but ultimately it's going to come down to your own chart
interpretations. There's also another important point to consider
here. At the end of the day after you've gone through the detailed
analysis procedure you're only going to make long-term profits if
you are able to find situations where the Bet On Markets service
get their odds wrong (i.e. they offer value). For me personally,
I'm not confident of being able to beat their computer.
On the whole I would have to award this course a neutral rating.
There's a lot of useful content in their that can be applied to
trading in general, but in terms of a "fixed odds cash machine" I
have my reservations. Those who are able to put in the work and
have a knack for spotting divergence may get some good results from
this, but for every person who falls into this category there's
going to be at least one other who won't be able to succeed with
this. Canonbury do offer a money back guarantee with their products
so it could be a case of try it and see.
You can try Financial Fixed Odds Profits here:
http://www.cash-master.com/
Betting Pro
Update by Graham
managed an impressive 1092 points profit on the year, which is
pretty good considering the cost of subscription. It's still
profitable after subscriptions even betting just £1 a point.
They are currently doing a deal of a subscription from now until
the end of August for just £23.99. This is outstanding value for
money.
You can try the service here:
http://www.cash-master.com/
Betting Pro Trades
Update by Graham
profit after Betfair commission of £990. The average loss on a
losing trade is between £50 and £100 so no huge risks involved, but
pretty steady profits. This service is clearly profitable even
after subscription payments and they do offer a 14 day free trial
too.
They've also just introduced a weekend service, which is a lot
cheaper and aimed at people that only want to trade on weekends.
Check it out here:
http://www.cash-master.com/
3FO System
There is a new system that's being given away for free by a certainMr Richard Ashdown. There are seven rules to this method and the
profit over the last four years is around 80 points per year.
You'll find a couple of bets a day and average over £1500 profit to
just £20 stakes. I've had a look and it actually seems pretty good.
Better in fact than some £97 systems I've seen touted by some
vendors.
You may even be able to set the Grey Horse Bot to find and bet on
the selections automatically for you, so I'll be looking into that
for myself.
I'd certainly recommend getting a copy of this, it's got an 89%
success rate and it's free to download.
Get your copy of the 3FO System here:
http://www.cash-master.com/
That's it for me this week.
All the best
Graham
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