Hi all,

I ordered this system in Jan, and have been using it almost every day. I started with a 25 point
limit, then reduced it to 10 points as I thought I would win more often, but I'm sorry to say I've been sitting
on a loss since the first day. Am currently loosing 6% :-(
Not impressed!

Having seen 3 "morning breakout" systems effectively fail over the past year so, namely London Forex Open, 1Minute Daily and Forex Morning Trade, I don't really see why this system should be any different as it is essentially trying to do the same thing, albeit at a different time of day. I hope to be proved wrong, but it does beg the question, in my mind at least, whether all set-and-forgets are ultimately doomed to fail over time, and whether we could be sitting here in 20 years time with 20 years of failed system behind us, rather than just the ones from the past year or so?

In any event, simply missing out a few bad days does always help the "results"......

Like all systems, it's going to be a bit of a cointoss as you're taking out the part that makes the 'proper' traders succeed (and fail!) - the discretion. If that coin toss is slightly weighted in your favour, then as long as you manage your risk you will do ok. The number of times I've stopped trading a system because it had a bad patch, only for it to turn round again until I got back in... Take for example Daily Index Trader.

Z

And I forgot to say - 1 day's difference in results can mean 5% in this system which is a lot. Example: you're at 6% profit. Today's trade is a loser? means you're at 4% profit, but if today's trade is a winner, you're at 9%.

(Sorry if I'm teaching my granny to suck eggs).

Z

Originally Posted by zorba_g

Like all systems, it's going to be a bit of a cointoss as you're taking out the part that makes the 'proper' traders succeed (and fail!) - the discretion. If that coin toss is slightly weighted in your favour, then as long as you manage your risk you will do ok. The number of times I've stopped trading a system because it had a bad patch, only for it to turn round again until I got back in... Take for example Daily Index Trader.

Z

Agree with you Zorba on this point, ANY system will have bad patches and bad periods, this is simply not possible to have a system that perform consistently well without drawdowns... This is something that too often we tend to forget and get demoralised by a bad run.

Hi all,

After 3 weeks of use, and never once being in profit, I sent the manual back, and applied for a
refund, and I have to say, I was very impressed with the speed with which the refund came.

It must be remembered that the company makes money not just by selling the system to traders
but also from the kickbacks from ETX and Capital Spreads when a trader signes up using the
link given in the manual. Fair play, of course.

Hope you guys have better luck with this than I did.

Well at last I have made a profit this month: 49 pips during February. I managed to trade every day which hasn't been the case in the past. I shall just soldier on through March and hope for the best.

I hope others are having some success.

Does the team have their results published for Feb ts see if its still averging 10% per month?

Our results for February were as follows:

· Time period / Time-frame = 1 month / 30 minute
· Time Traded = 13:00 UK Time
· Risk Per Trade = 2.00%
· Number Of Trades / Winners / Losers = 20 / +9 / -11
· Percentage Of Profitable Trades = 45.00%
· Average Winning / Losing Trade = +2.80% / -2.00% (some slippage)
· Profit Factor (Gross Profit / Gross Loss) = 1.14
· Largest Drawdown = -8.00%
· Monthly Return = +3.00%

Our second month where we have seen a 3% return after 3 very good months at the end of last year.

So, it's still 5 consecutive months in a row and an average +10% a month for 5 minutes a day.

If you do decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

REVIEW TEAM – Mark, we know very little about you other than you set up Traders Bulletin in 2009, perhaps you can give us a bit more background information about yourself?

MARK ROSE – Sure. Before I got interested in trading (more than a decade ago) I did well out of property in my 20’s and 30’s but as the property market became less reliable I looked at ways to diversify and I fell into trading, by accident rather than design.

Of course, I made my fair share of mistakes in the early days but I kept studying, talking to other traders and honing my skills. In the mid-noughties I spent some time working in financial publishing and realised that I wanted to do things differently – Which is why I set up Trader’s Bulletin, a tight-knit community of traders, with a common goal of finding and maintaining an edge over the markets.

My passion is developing trading systems, largely for my own use. But when I come across a strategy that can be applied by others I don’t see any reason not to share that information, which is how I began publishing trading strategies too.

REVIEW TEAM – Since setting up Traders Bulletin it appears that you have published two systems, Daily Index Trader and, more recently, Wall Street Time-Shift Trader. Can we first ask you to tell us about your first publication, Daily Index Trader?

MARK ROSE – Back in 2010, a chap called Martin Carter told me about a trading strategy that he’d developed using a form of pairs trading on the CAC and the DAX. The results he showed me were impressive so I asked him to set up a dedicated trading account so that I could get a clearer picture of exactly how much money the strategy was making. In April 2010 we put £1,250 into that account.

REVIEW TEAM – Before we move on please could you just expand on the strategy behind Daily Index Trader a little more?

MARK ROSE – The strategy is loosely based on pairs trading. As soon as Martin showed it to me I loved the cunning simplicity of it! The idea is that you can take profits from the French index while hedging that position with an opposite trade on the German index (and vice versa). The aim being to be neutral until the markets established a direction.

REVIEW TEAM – Thanks for clarifying that, it was along the lines of our interpretation. Our concern was that there was a heavy reliance on the correlation between the two indices. In fact when we reviewed Daily Index Trader at the tail end of 2010 during October and November we believe these concerns were realised when the two indices moved out of sync. We made a loss albeit a small one and decided to cease coverage of the product. We believe this was the start of what was to be a significant drawdown, could you walk us through this period?

MARK ROSE – At the end of September 2010 the strategy was riding high. The traders who began using the system over the summer were doing really well. Then the system suffered five consecutive months of losses. We hit the bottom of this drawdown in Spring 2011 but recovered to record a profit of 81% for 2011 as a whole. You can see the exact monthly figures on our website.

REVIEW TEAM – You mentioned earlier that you set up an account with a £1,250 deposit, what’s the current status of this account?

MARK ROSE – The balance in that account is now £3,788.76 even after the drawdown at the end of/beginning of 2010/2011 mentioned above.

REVIEW TEAM – That’s a massively impressive return of around 200% in just under 2 years and equates to something like 8% a month. Can you put the drawdown into a little more perspective for us by telling us roughly what it was in percentage terms?

MARK ROSE – The drawdown over the 5 month period for me was around -30%, but because of the strategy, this can be different for others, depending on when they started using the system. Although these losses were hard to stomach it was pleasing that the system then recovered. As you mention it’s made close to a 200% return over the longer term, 2 year period.

REVIEW TEAM – As we understand the Daily Index Trader system is no longer for sale, we are assuming it’s related to this drawdown, is this true?

MARK ROSE – In part, yes. Whilst drawdowns are all a part of trading I didn’t feel that I could continue to publish the product until it had come through this rocky patch. At present I am monitoring the performance and I am optimistic that it will hit new highs again this year.

REVIEW TEAM – Thanks Mark, perhaps we can come back to Daily Index Trader in a future interview and ask you to update us on progress.

Can we now move onto your latest publication, Wall Street Time-Shift Trader. It’s a system we are obviously aware of since we added it to our Systems We Use list at the beginning of this year. Perhaps you can explain how this system came about?

MARK ROSE – As most traders are aware, some of the best profits are to be had by the early bird. However, I’ll be frank with you – I’m not great at dragging myself in front of a trading screen at the crack of dawn. So, there was a degree of laziness that led me to the Dow Jones, as its “wake up” time is around 1pm UK time! Plus, I was getting increasingly excited about the sheer scale of this index, which offers up so many opportunities to profit. What I was hunting for was a simple Set & Forget method to take advantage of the Dow Jones wake-up time and the Time-Shift strategy does just that.

REVIEW TEAM – And, what’s the theory behind this system?

MARK ROSE – Wall Street Time-Shift Trader looks to take advantage of the move in the Dow Jones, in either direction, just as that market is waking up. This is why trades are placed between 1pm and 1:25pm UK time at specific levels either side of the current market price.

REVIEW TEAM – We found it interesting that you offer up 4 different yet specific Targets, what is the reason for this?

MARK ROSE – Something that I learned from my experiences with Daily Index Trader is how different traders have very different attitudes to risk, so I deliberately gave traders a range of options in Time-Shift. This not a case of “passing the buck” as I personally follow the results for all the different options so that I can present comprehensive results. This ensures members have all the information they need when deciding the best level of risk for them.

REVIEW TEAM – That’s fair comment. As you know we used Wall Street Time-Shift Trader during the last 3 months of 2011 and we made +23%, +8% and +13% in October, November and December respectively. This was an average return of almost 15% a month which was reduced to 10% this month as we made +3% in both January and February. We risk 2% per trade, apply the 1:1.5 Risk:Reward option and use the system on a Set & Forget approach, 5 minutes each day, at 1pm UK time. Using our approach, which is as per the guidelines in the manual, what would you say is a realistic and achievable average monthly return for your system?

MARK ROSE – The average monthly return for trading at the 2% risk that you’ve been following is around 10% from mid-July 2011 to date, in line with your results. As you point out, there will be ups and downs, like the +23% you achieved in October, and the +3% in January and February – Although I wouldn’t really call a +3% return in one month (for just 5 minutes a day) a down! My advice to traders is to keep their risk percentage low and to compound profits which will enable their fund to grow faster. Following this strategy you would have made 86% since mid July.

REVIEW TEAM – In January we experienced our biggest ever drawdown using Wall Street Time-Shift Trader, 7 losing trades in a row which equates to -14%. We know you also suffered a similar fate so we wanted to ask, is this the biggest drawdown you have experienced?

MARK ROSE – Yes, I too had my worst losing run in January this year, suffering 6 losing trades on the 1:1.5 Risk:Reward option that you’re using. To put his into perspective, my longest winning run at this level was 8 winners in a row, a +24% return. The success rate achieved on the 1:1.5 Risk:Reward option (i.e. winning £30 for each £20 risked) is 51% which means that we’re winning 51 trades out of every 100.

REVIEW TEAM – This drawdown is manageable compared to the one you experienced with the Daily Index Trader. Obviously you cannot guarantee it will never happen with the Wall Street Time-Shift Trader but is there anything you can do to perhaps reduce this possibility?

MARK ROSE – Whilst the 1:1.5 Risk:Reward option has been the most profitable I’ve learned that success rates affect traders in very different ways. For that reason it’s possible to trade Time-Shift with a higher success rate of 72%, using a Risk:Reward of 1:0.5. This decreases the incidence of losing runs but with the reduced risk, the potential profit is also reduced, therefore it is about finding the balance that is right for you.

REVIEW TEAM – Mark, we thank you for the interview and also to your answering questions in a format of our choosing. We just have one final question - Do you have plans to release any new systems this year and if so can we perhaps be invited in at the beginning?

MARK ROSE – You are welcome, anytime, thanks for the opportunity.
I do have something very exciting coming up this Spring. It’s completely different from anything I’ve published before, in fact, it’s something that until a couple of months ago, I never thought I’d be sharing with the wider world! I will of course keep you updated and welcome your honest and independent review as always.

REVIEW TEAM – Thanks once again Mark, we wish you well and look forward to keeping in touch.

We added Wall Street Time Shift Trader to our Systems We Use list at the beginning of 2012 and including results from Q4 2011 we have since averaged 10% a month (based on 2% risk per trade). As well as publishing our monthly results we have a dedicated Wall Street Trader Trading room which is accessible only to Systems For Traders members who own the Wall Street Time-Shift Trader system. The room is most active around 1pm UK time when other members openly discuss the day’s opportunities and price action; we welcome all members and sensible contribution.

Those of you who wish to try Wall Street Time-Shift Trader risk free for 30 days can do so by clicking HERE.