Re: Independent Review of WallStreet1928 Quote:
Originally Posted by wallstreet1928 again that is why I think Dutch is a very intelligent man |
Dutch by his own admission is struggling to find a consistant trading method. IIRC he was looking for a shorter term day trading method to suppliment longer term positions.
There's nothing wrong with evaluating the services of a trading vendor, I've quite happily paid for advice, systems and mentoring in the past, and generally, the services I've paid for yielded positive results. Even if you where a complete fraud, then anyone who pays a few hundred pounds over a the course of a few months, and actually focuses on the market during that period is probably going to be benefit from the exercise.
I would however question the wisdom in what he's doing and the particular approach he took. I really do think it would have been slightly more sensible to evaluate your signals in private for a month or so first, purely to iron out any bugs in the service, gain an understanding of whats being provided, understand the method used to evaluate gains and losses. If after that time he still believed that your service had merit, then at that stage the evaluation should have been made in public.
My understanding is Dutch is also currently travelling, and therefore not able to take full advantage of your service. Given the frequency of your calls, it would perhaps have been more sensible to be able to commit the time required to evaluate the service properly.
A public evaluation of any signals service is always going to be controversial and you fuel that controvesy. It's a sensible thing to do from a marketing perspective, and if I where in the position of trading a small account, and needed to suppliment my income by selling a service, I'd do exactly the same. |