August 2010 Update

All,

This is the August 2010 update in which we have to report a disastrous months trading in terms of Systems/Services We Use, more on that below.

Reviews: There were two new reviews posted earlier in the month, both BetOnMarkets based. In case you missed the email, they were the Ten Minute Trader and FX Friday, links to both can be found on the left. Today the review for the PositiveFX (Positive Forex) Signal service was posted, again the link can be found on the left.

Performance: As mentioned above, a terrible -28% this month for Systems/Service We Use, our worst ever trading month (we said this in July - if we have to say it again in September .....).

Anyway, results as follows:

- London Forex Open -13%
- DOW Letter -15%

The journals, see left hand side and our Consolidated Monthly Performance page have been updated.

Reviews Updated: The G-Code review and the Net Trap review have both been updated to reflect August trading and our conclusions on both of these systems.

Trading Rooms: A new password protected Net Trap Trading Room has now been created. This means the Net Trap system, it's working's and alternate approaches can be freely discussed. The password - "Is the time (in the format 1:23) Richard recommends to get up - See point 1 under 10 Point Summary of What To Do in the manual, page 3 in ours" - Here is the link to the password protected rooms.

So, a terrible trading month, the nature of the beast. We do not go out drinking champagne and buying all the caviar we can eat when things go great, so we will not try and let this recent run of losses send us to the bottom of a gin glass!

Thanks for your continued support and contributions.

Best wishes,




ReviewTeam - www.systemsfortraders.com