AT System

This is a discussion on AT System within the Trading Systems forums, part of the Methods category; Hi Does anybody have any comments about this sight http://www.financial-trading.co.uk/invite.htm I have received the info pack which say's they have ...

Reply
 
LinkBack Thread Tools Search this Thread
Old May 14, 2003, 5:31pm   #1
Joined Mar 2003
AT System

Hi

Does anybody have any comments about this sight

http://www.financial-trading.co.uk/invite.htm

I have received the info pack which say's they have an 88% win rate but I have not seen any trades or statements.

I have emailed them for this and what instrument they use i.e. spreadbetting, options, futures etc.

The person that sent me an email about this was selling an internet business in a national paper and now he is a securities analyst ?????
__________________
juanbyte
juanbyte is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old May 14, 2003, 5:46pm   #2
 
zambuck's Avatar
Joined Jan 2003
I have always wanted to know that if someone or some company gives some form of assured percentage win then why would they sell it...advertise it..???

If I was in their place I would concentrate on making serious money..!!
__________________
zambuck

The most futile and disastrous day seems well spent when it is reviewed through the blue, fragrant smoke of a Havana Cigar.
Evelyn Waugh.
zambuck is offline   Reply With Quote
Old May 14, 2003, 6:26pm   #3
 
Bigbusiness's Avatar
Joined Dec 2001
I remember another person selling a trading strategy with an 88% success rate (strange how it should be the same number!).

Those that went on the course found it very hard to trade due to the tight stops.

I agree with Zambuck. If it is that good there is no need to sell it.
Bigbusiness is offline   Reply With Quote
Old May 14, 2003, 6:39pm   #4
Joined Mar 2003
juanbyte started this thread I thought they have to be FSA regulated to give share tips.
__________________
juanbyte
juanbyte is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old May 14, 2003, 10:22pm   #5
 
ChartMan's Avatar
Joined Nov 2000
selling a strategy is not subject to FSA. Selling tips/advice is. I can sell you my dow strategy if you like. 89% success. 500 quid only.
Another option would be to scour this bb and get the lot for nowt.....
__________________
The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision.
ChartMan is offline   Reply With Quote
Old May 15, 2003, 12:14am   #6
Joined Mar 2003
juanbyte started this thread Hi Chartman

It is monthly tips with emails when to close so they should be FSA regulated.

I have not had a reply from the email I sent.
__________________
juanbyte
juanbyte is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old May 15, 2003, 8:26am   #7
The Staff are paid members that perform various roles such as editorial, advertising, support or technical work.
 
Trader333's Avatar
Joined Jan 2003
It depends where their business is registered. Is it based in the UK or did the email have a ".co.uk" extension ? If it is not UK based and they are sending emails from outside of the UK then they may well get away with not having to register with the FSA.

Cheers


Paul
Trader333 is offline   Reply With Quote
Old May 15, 2003, 3:08pm   #8
Joined Mar 2003
juanbyte started this thread Hi Paul

It is a UK company

You have to laugh, in the literature I was sent it stated that the system was 7 years in the making and has been making a close circle of friends hundreds of thousands month after month.

When I asked for details this was the reply

"Thank you for your email.

To go short in a market (making money from falling prices) you will need to either spread bet or buy an option. So yes, making money from falling prices will involve buying either an option or a spread bet.

The AT System has never traded before which is why no trades were enclosed. The service is being launched on the 25th of May from which we will be actively trading the markets.

If you would like to see past trades from our old service (Level 2) then please let me know.

Hope this helps.

Best Regards,
Michael Hein
www.financial-trading.co.uk "

What I want to know is how they get away with it.

I think it would be a good idea if this site would purchase these systems (they should get it free) and some of us do independant test and have a performance page, to warn members of bad systems and alert them to good ones.
__________________
juanbyte
juanbyte is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old May 15, 2003, 3:23pm   #9
 
zambuck's Avatar
Joined Jan 2003
...proof of pudding may be in eating but in this case the recipe is all wrong...

better to spend time over a pint talking TA with friends rather than spending any effort on this package...
__________________
zambuck

The most futile and disastrous day seems well spent when it is reviewed through the blue, fragrant smoke of a Havana Cigar.
Evelyn Waugh.
zambuck is offline   Reply With Quote
Old May 15, 2003, 3:26pm   #10
 
FatCanary's Avatar
Joined Apr 2003
I would be hesitant in trusting this type of venture when they have a 'typo' on their home page.

They obviously aren't that thorough.

FC
FatCanary is offline   Reply With Quote
Old Nov 24, 2003, 11:37pm   #11
Joined Feb 2003
got something from them in the post today. Costs £67 p month. Letter was posted from Berlin, W Germany....will be ignoring it.
DESKPRO is offline   Reply With Quote
Old Jan 14, 2004, 1:52pm   #12
Joined Dec 2003
Quote:
Originally posted by juanbyte
Hi Paul



I think it would be a good idea if this site would purchase these systems (they should get it free) and some of us do independant test and have a performance page, to warn members of bad systems and alert them to good ones.
Juan/Chris

What an excellent idea, could you please make available your book and system (the one that you can make 50%-5000% a month with) and I'll happily test it out and report to the board the results.

Real money and real time
anley is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mechanical System Traders - How Long Did You Take To Get Your First System? Remiraz Home Trader 30 Sep 3, 2009 11:14am
The Alba System Journal- EUR/USD intraday system Big Pippin Forex 241 Dec 4, 2006 4:12pm
Has anyone tried this system ? Hook Shot Stocks 5 Jan 25, 2006 9:49pm
Fyi on my own system mr_cassandra Trading Systems 30 Jan 13, 2005 11:48pm
Ms Explorer system: Multi Averages system Cyproman Technical Analysis 0 Dec 22, 2002 4:30pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)