1:1 Risk-Reward

[Fatchance]

Here's another one (possibly) for those of us who like to get our trading day over early. It trades between 7.30 and 8.15 am (GMT) about 30-40 trades per month.

It's listed by a Manchester-based trader on Ebay at £19.95 and shows good results (not surprsingly, perhaps) as well as positive feedback from buyers.

Might be worth a look?

[Reviewteam]

Hi,

Thanks for the request, we have added this to our Request List.

If anyone has any prior experience of this system your input would be appreciated.

If you are interested in looking at this system in advance of us doing our review you can find the link here. If you do so please share your findings with us, thanks in advance.

[zorba_g]

I might check this out, not least because I can go round and get my twenty quid back in person.

[zorba_g]

I'm having trouble finding it. Is there a link?

[Reviewteam]

We did too - Fatchance helped out though:

On ebay:

1. Type forex in the Search
2. Choose Buy it Now
3. Sort by price incl p&p Lowest First
4. You should find it listed as 1:1 Risk/Reward @£19.95 about halfwy down the 3rd Page of listings, assuming 50 items per page

[zorba_g]

Hmm. On the plus side, he/she has their full address in the listing. On the negative side, £20? Ebay? I'll keep an eye on it for now. Interested though!

[Scoundrel]

Hi Zorba,

I think you would be ok, I just purchased LMT Forex for £4.60 off e-bay,no problem,also piptastic system for £20.00, both Reviewed on this site, If the systems is are no good,they will make useful leaning tools for me,

I need all the help i can get,

Regards

[Fatchance]

Well, I 've taken the plunge and invested the required £19.95 in this.

I like the limited time input and set-and-forget potential. The results are published on the vendor's website and, over the 3 weeks I've been demo-trading it, are pretty easy to closely replicate (slight differences reflect the differences between brokers) and the vendor gives fast and helpful e-mail responses so you've ironed out any queries ready for the next day's trades. Entries and exits are clearly defined and the system can be built upon (e.g. trailing stops) to increase profits.

Only downside - for someone like me who isn't at their sharpest first thing in the morning - is that you do sometimes need to be hovering over the mouse ready to enter at the correct level, rather than just putting in pending orders.

Hope this helps anyone who's read the thread and has been thinking about buying it; it's got to be worth the price of a Chinese carry-out for two.

[zorba_g]

According to ebay, 'History: 2 sold' :-)

Only kidding, I know it's per listing, I just thought it was funny.

[Fatchance]

I think he sells a maximum of 10 per month/listing so he can keep the e-mail support service to a manageable level.

And it's an e-book so no stock holding issues. Just imagine ordering, say, 500 Aleksander Orlov talking meerkat dolls from China and only managing to sell 2. (No, I haven't done it).