Quickie Trader (Louise Woof) Review

A DOW based strategy that is traded at 3pm and/or 8pm UK time.

The manual is very well written and in terms of Entry, Stop and Target, beginners will have no trouble at all picking up and understanding this strategy. However, as this is the DOW and is a kind of scalping method “newbies” may well struggle with the active trade management and this often swiftly moving instrument.

The performance we witnessed in March may not have been typical of this system, we came out slightly down for the month.

Our opinion is however that the system would be best suited to a wider Stop than that advised, we just got chopped out of too many trades too “quickie”ly and easily.

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ReviewTeam

http://www.systemsfortraders.com/

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.