Day Trading & Forex Forum

ivot

I was wondering if anyone had checked out this website http://www.tradetofreedom.com/
Their claims are outrageous but of course I'm curious. Has anyone had experience with what ever exactly their selling?

BroadSword

Never seen it before, but their quote:

"Fact... The only way to make huge profits trading futures is to make sure you never have a losing trade "

makes me want to have nothing ever to do with them! If anyone had a system that never made a losing trade, you'd be a billionaire without any interest in other peoples' $199!

salicsale

No sweating, secret handed to you on a silver platter, milions just click away?????
As Alexander Elder sad don't walk, run from them.

frugi

And how do they do it?

"The answer is that we have uncovered the Futures Market best-kept secret ....and here it is in a nutshell:

There are closely related futures contracts that when traded in the appropriate ratios create unending oscillations of profit. When these contracts are properly traded there will never be a losing trade.

You can spend hundreds of hours of lost time and lose hundreds of thousands of dollars in trying to figure this out for yourself, or you can spend $199.95 and have this secret handed to you on a silver platter."

Sign me up now

Oh, hang on, but ...

"Any hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since trades may or may not have been actually executed, the results may have under or over-compensated for the impact, if any of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation can, will or is being made that any account will, or is likely to, achieve profits or losses similar to those shown in any hypothetical performance record on this website."

clylbw

Another search for the Midas touch gone mad???

BTW, if there were the following two systems:

1. System 1: for every 5 trades, 1 loser and 4 winners, with the loser maximum at 0.5% and the winners average at 2% per trade;

2. System 2: for every 5 trades, all winners, average at 0.5% per trade.

I would take the former, losing trades or not.

__________________
Bulls, Bears & Pigs:

Fader

I use Kwikpop, great set of tools, very visual and good at keeping you on the right side of a trade, you can still be done in by chop but I've never seen a system that could escape that

ivot

Well I certainly understand what you are all saying and I agree 100% but has anyone actually DONE their program? As I said their claims are outrageous, but I wanted to know if anyone had actually tried what they are talking about? Of course their going to have disclaimer, that's a given in this industry.

Roberto

Haven't looked, but it sounds like trading spreads to me(?) It is (at least in theory!) possible to make trades with no risk of loss, I think? Probably calls for a very high investment to make small profits, or something? (Hasn't Joe Ross written something about this?) ...

Now I come to think about it (not always a wise move, in my case ...) aren't there people called "arbitrageurs" who are employed by the likes of Goldman Sachs at enormous salaries and bonuses whose job consists entirely of risk-free trades with no possibility of losing? Maybe this website relates to the sort of trading they do ... (???)