Website : Wall Street Time Shift Trader Website
Publisher : Mark Rose via Thames Publishing
Cost : £229 with a 30 Day Money Back Guarantee
Review Date : October & November 2011

WHAT IT SAYS ON THE WEBSITE

Wall Street Time Shift Trader is a system which asks the question “Could you spare just a fraction of your lunch hour to build your own financial freedom?”. “Anyone can access these lunchtime bonuses, day after day, even if they’ve never traded before in their lives ... check one figure on a website and then set this simple trade in motion”.

The guy behind the system is Mark Rose, a trader of many years and also the publisher of a free website and newsletter. He states that the system will not “make you a thousand pounds overnight ... and it won’t make you a millionaire by the end of the year” but it “has been properly tested, fine-tuned and retested ... is simple and quick to use, and has produced steady profits over months and months”. Full results since May 2011 are provided on the website, demonstrating an 80% win rate for the “conservative” approach.

The main caveat to trading this system is being able to spare 5 minutes between 13:00 and 13:25 UK time each weekday as this “is a very special window of opportunity that most traders overlook ... a simple fluke of geography”.

The system comes with a 30 day Money Back Guarantee backed by Thames Publishing.

THE MATERIAL

A 74 page manual which is quite well written even though about a third of it is devoted to choosing a Spread betting company, an introduction to Spread betting and how to place a trade.

The actual Wall Street Time Shift Trader system is explained over 10 pages in Chapter 2. As it is such a simple and straight forward system this is well done and it meant that we had a clear rule base established within about 10 minutes of picking up the manual.

Towards the back of the manual examples are provided, the subject of Money management is covered and finally there is a FAQs section. From these we picked out the following; 2% risk per trade is realistic, a £1,000 starting pot is recommended and the system should not be traded on US Bank holidays.

THE SYSTEM

As mentioned above the Wall Street Time Shift Trader system is really simple. There are a few decisions to be made but when analysed in a little more detail direction becomes quite clear, as follows.

Avoiding days when US news is due out at 13:30. Mark states that he has found these moves (the ones affected by news) have worked in his favour more often than not. We therefore chose to ignore the news and trade as normal.

Trade between 13:00 and 13:25 UK time ensuring orders are placed by 13:25. After suggesting to Mark that we would place all trades at 13:00 based on the current market price he agreed with us.

Target, 10, 20, 30 or 40 points. There is quite a lengthy section on this in manual explaining that this will be down to each individual’s attitude to risk, their mentally, trading style, etc. For us, based on the statistics we believe it’s not that complicated. The statistics for a “snap-shot” 12 week period are as follows:

· 10 - 191 points - 80% Strike rate
· 20 - 224 points - 61% Strike rate
· 30 - 345 points - 53% Strike rate
· 40 - 249 points - 42% Strike rate

The 10 point target yields a return which is almost half that of the 30 point target so we ruled that out. The 20 point target yields a slightly higher return than the 10 point target but still the return for the 30 point target is 50% greater (with the Strike rate affected by just 8%) so we ruled that out. The 40 point target yields a lower return that the 30 point target and has a worse Strike rate so we ruled that out. Thus, without specific drawdown data being available the 30 point target was the obvious choice for us.

Stop in all instances is fixed at 20 points, so Risk:Reward is 1:1.5.

CAN IT WORK

This system can be traded in less than 5 minutes a day at any time between 13:00 and 13:25 UK time. As above, we chose to trade at 13:00 every day so as to have measurable results.

Order entry is simple and even beginners will be able to follow the well documented process in the manual with little or no problems. Using OCO (One Cancels (the) Other) orders, available via many brokers these days, makes system operation even easier.

Our results for October 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 = 21 / +13 / -8
· Percentage Of Profitable Trades = 62%
· Average Winning / Losing Trade = +3.00% / -2.00%
· Profit Factor (Gross Profit / Gross Loss) = 2.44
· Largest Drawdown = -6.00%
· Average Per Month Return = +23.00%

It’s certainly early days with just 21 trades under our belt but given the time commitment and stellar performance (in October) we have decided to monitor this until at least the end of the year.

Note: At the time of producing our review we have made 5 trades in November with 2 winners and 3 losers, a breakeven position.

SUPPORT

Great support provided, we don’t think we had any query open for more than an hour without it being resolved. Additionally, useful information about trading hour changes were issued when the US was out of sync with UK clocks.

CONCLUSION

PROs

• Easy to set up and just 5 minutes a day.
• 100% mechanical, once a few decisions have been made.
• Stellar performance in October.

CONs

• Just 21 (26 if we include the 5 in November) trades to date.

Do remember, your comments are important, if you 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.

Now you know what I am going to ask, that is after saying what another stella review!

How did the next 5 trades in Nov go?

I know I should not ask, but you mentioned it:-)

Glad you find the review useful and thank you for saying so.

The next 5 trades in November - Sorry we cannot see into the future - The 5 we reported on were the 5 to date, from 01-Nov - 07-Nov inclusive

Great thank you. Sorry as I am at work I need to read reviews at 100 miles an hour while pretending to make a call! Thank you!

Hi team,
another great review, thanks. I'm assuming that this trades the Dow?
21 trades in October, does this mean that there is an actual trade every day (except US bank holidays of course)
Look forward to your reviews on this over the next few months, October seems to have performed very well. Let's hope it is not just a flash in the pan.

It does of course trade the DOW - Did we not point that out - Tsk !

Correct, there is indeed a trade every day, set and forget.

Thanks again for your kind words and contributions, appreciated.

Nice one Reviewteam - I like the look of this one, minimum thinking required. Not sure I understand the target choices though. So basically if you stake £1/point over a hundred trades you'd get:
Target 10 £800
Target 20 £1220
Target 30 £1590
Target 40 £1680

?

I think I made a mistake there somewhere, because the 40 looks like the best from my bad maths. Help!

Z

This system brings to mind the dreaded "Daily Index Trader" from the same stable (which pitted the French CAC against the German DAX). Several of us pointed out that this could be simplified to a single OCO order on one instument.

I played around with several at the time and had most sucess with EURUSD at 7.30am. It seemed to give consistent profits on a weekly basis, but looking over graphs I could never see why other than luck. I used 50 pips for each of the order gap from current price, stop loss and profit target, if anyone would like to try it (I waive my £250).

Z - Its more like this:

Target - Strike Rate - Net Profit - Net Loss - Net P & L
10 80% £800 -£400 £400
20 61% £1,220 -£780 £440
30 53% £1,590 -£940 £650
40 42% £1,680 -£1,160 £520

Brian - Valid comments indeed and we thank you for that and your insight into EURUSD.

Are you referring to DIT at 7.30 or just an OCO?