DOW Letter Signal Service Review

The Dow Letter is an EOD (End Of Day) Set & Forget signals service. Signals are received around 21:00 (GMT), there are two actually, one telling you to go Long or Short the DOW and then a follow up soon after. The follow up (email) provides the exact levels that the DOW Letter service executed its trade at, including Entry, Stop and Target. So, the service takes about 5 minutes to execute on those days that there is one, usually 5 – 8 a month depending on market volatility. After running the service for a few months we were able to confirm that the results reported on their website were accurate. Historic analysis showed a reasonable return for this service for very little effort (see full review for details). For this reason we added this service to “Services We Use” in January 2010 and since then we have just moved into the Black.

Please visit http://www.systemsfortraders.com/ to read our full review of this service and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

John Pipers Profit Before Work System Review

A “Set & Forget” system which trades the FTSE in the morning (08:00 GMT), taking 10 minutes a day. The strategy is easy to understand, once you decide which Entry/Stop/Exit criteria to apply, there are various options presented to suit various risk attitudes, time contraints, etc. Even those completely new to trading should be completely competent after a few days, maxium one week, exposure. During the time we used this system we experienced a drawdown on our account of 15% or so, based on our selected rule base (Entry/Stop/Exit criteria). So, this is an approach familiar to us, of John Piper, in that is it a Low risk/High reward strategy. It means losing streaks (and drawdowns) can and will occur and have to be accepted. It is perhaps not a strategy for everyone but may suit some, we could use the term, not for widows or orphans.

Please visit http://www.systemsfortraders.com/ to read our full review of this system and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

PipTastic (FTSE) Trading System Review

This is, what we consider, more of an educational product than an actual Trading system. The deliverables, of which there are many are well worth a read for anyone new to trading (especially those looking at sub 15 minute timeframes and indicies, in particular the FTSE). The product does actually provide 3 - 4 base-line systems which can be used as building blocks as they are well explained and also have some sound trading principles. The main value that this product offers are the Daily updates. These are emails which detail the results for all the various systems as well as screen prints and commentary on the days Price action. This is the best personalised daily email service (in relation to a trading system) we have come across to date.

Please visit http://www.systemsfortraders.com/ to read our full review of this system and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

Evening Trader (Markets Mastered) Trading System Review

A well written 43 page manual explaining a system which is pretty much 100% mechanical. Set up is easy and the system itself is based on the 5 minute chart and uses divergence in conjunction with candlestick patterns. Trading starts at 17:00 UK Local time, hence the name, Evening Trader. The logic to this system seems pretty sound but there is a heavy reliance on interpretation of divergence. We just couldn't replicate the results Nick was achieving, mainly due to this interpretation of divergence. This doesn't mean the system can't work it just means one has to have a fine eye for divergence, perhaps we don't!

Please visit http://www.systemsfortraders.com/ to read our full review of this system and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

Simple Spread Trading (FTSE/DOW) System Review

No manuals here - all strategies are on-line in the members area with one page summaries which, when printed and annotated are just fine. We only reviewed the headline (Binary) system as this is the one on which the website statistics are based. The system is one that can be traded on the FTSE and the DOW and uses the 20 minute binary bets available on IG Index. Decision making is about 85% mechcanical and is based on a 2 minute chart with just one Moving average. This is quite a different and very exciting approach to trading. However, we did find that screen time was quite intense and also that entry was just a little bit too ambiguous for us to consider using it on a full time basis.

Please visit http://www.systemsfortraders.com/ to read our full review of this system and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

Louise Woof Fool Proof Evening Trading System Review

As usual, from the Louise Woof camp, a very well written 67 page document. This system is based on the DOW and a 5 minute chart using just one indicator and price action. Implementation is easy, Entry and Stop are crystal clear but Exit is not, there are a choice of 3 different exit strategies. We also couldn't get a clear answer from Louise upon which exit strategy the results on the website were based on. This together with the, what we considered, very strange Entry methodology, meant we did little more than by-pass this system.

Please visit http://www.systemsfortraders.com/ to read our full review of this system and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.