Vince Stanzione Financial Spread Betting System

This is a discussion on Vince Stanzione Financial Spread Betting System within the Spread Betting & CFDs forums, part of the Trading Brokers category; Hello I am new to finacial spread betting and I was wondering is this mans system worth buying,if not can ...

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Old Jan 24, 2006, 11:02am   #1
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Default Vince Stanzione Financial Spread Betting System

Hello I am new to finacial spread betting and I was wondering is this mans system worth buying,if not can you recommend any financial spread betting software.

http://www.vincestanzione.com/index.htm
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Old Jan 24, 2006, 12:00pm   #2
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Default Re: Vince Stanzione Financial Spread Betting System

Quote:
Originally Posted by Hill 16
Hello I am new to finacial spread betting and I was wondering is this mans system worth buying,if not can you recommend any financial spread betting software.

http://www.vincestanzione.com/index.htm
Save your money! Go to the First Steps bit on this site for starters. It's free.
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Old Jan 24, 2006, 1:51pm   #3
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Default Re: Vince Stanzione Financial Spread Betting System

If you want a simple moving average cross-over system that doesn't work and to be bombarded with junk mail, then it's worth every penny!
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Thanks! The post above is recommended by: Pazienza
Old Jan 25, 2006, 6:54am   #4
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Default Re: Vince Stanzione Financial Spread Betting System

Hill 16 started this thread Thanks,is there any software that does work.
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Old Jan 25, 2006, 7:19am   #5
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Default It aint easy

Quote:
Originally Posted by Hill 16
Thanks,is there any software that does work.
NO - you need to study these and other boards, books and practice for a long time. Start reading all you can on these threads. Forget systems and winning software and other scams. There is no short cut, no winning systems or software, just hard work and practice plus mastering your biggest obstacle to success - you!

Good luck
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....They used a 'Stop Loss'- a protection from the Black Swan. Rarely practised by many traders.
(Nassim Taleb "Fooled by Randomness."
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Thanks! The post above is recommended by: maiden22
Old Jan 25, 2006, 8:01am   #6
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Default Re: Vince Stanzione Financial Spread Betting System

Hill 16, these guys are dead right....but I get the sense it might not leave you anywhere ? If you want to make money daily or every week - I can't add anything. However, if you are willing to WAIT for the opportunities then markets often get stretched - let say within a 2-4wk timeframe and there are opps to take low risk positions. Small position size and use stops since you're still learning !
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Old Jan 25, 2006, 8:53am   #7
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Default Re: Vince Stanzione Financial Spread Betting System

Hill 16 started this thread In the last few months I was making some money on selling the Nasdaq futures price,but I lost a good bit of money cause the Nasdaq futures rose to its highest levels in years and I didnt have a good stop loss in place.I still think betting on the indices is the best option for me,all I need is to able to put the bets on at the right time.
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Old Jan 25, 2006, 9:06am   #8
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Default Re: Vince Stanzione Financial Spread Betting System

Hill, I know the feeling....... I've had my bouts of low performance too. I found it best to take time out and WAIT for the really juicy opportunities. I recently shorted Dow futures over 11k but in June contract - that's how wimpy I was. However I had to wait a good while until the odd were well in my favour - knowing the US had been up around 90d just added to the probability of a turn. If your trying to earn regular cash like many of these guys - Good Luck they're better than me.
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