Monday 2 May 2011

Systems For Traders - April 2011 Update

Hi,


Welcome to the Systems For Traders April 2011 Update.


Reviews


Four new reviews to report this month. Two, we mentioned in a previous email, Day Trade Forex and Forex Trade Alert (Tom Tragett) are joined by a review of the Fixed Odds Profits System/Course and the FX Radar Signal service.


Systems/Services We Use Performance


A poor month for Forex Morning Trade, down -6% but still averaging +4% per month since we added it to our Systems We Use list.


1 Minute Daily really was a mixed bag, a terrible perfromance for GBPUSD (-34%) was compensated for by a +31% return for USDJPY. Remember, we use this system for "growth" not income (although growth is a generous word to apply at this stage).


Performance Updates


Our Journals for "Systems/Services We Use" as well as the original reviews for those systems/services we are continuing to monitor post-review have been updated for the current month.


Other Bits & Pieces


More_Coffee comes out top again for his detailed reply to "Is It Possible To Make Money Day Trading Long Term", we thank you for taking the time to "put pen to paper".


One new book review has been added, by BookWorm - Trading systems: A new approach to system development and portfolio opimisation, by Urban Jaekle & Emilio Tomasini - Trading Book Reviews.


Donate A PIP - We are now 76% of the way to raising £1,000 for Cancer Research UK. Once we hit this target our next charity will be chosen by BookWorm, we welcome all donations no matter how big or small and thank you in advance.


Finally, do please use our Voting system, available for every review, your opinion is useful and appreciated.


Regards,







ReviewTeam - www.systemsfortraders.com

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