Yes, I have traded this very successfully over the last few years. I did add one thing though, I introduced a filter. I do not trade if the S&P500 market price is below either the 12 week moving average or the 20 week moving average. This seems to keep the system out of any difficult down...
I don't mean to be rude, but the signals are explained on the website. It seems to me that you are being too hasty to condemn the site. I have followed the dowstomper signals for about 5 months now, even before the introduction of the next day's suggested signal and it is possible both to...
Would you clarify:
The original system traded on the first down day after the 23rd calendar day of the month. Do you only take trades on a down day?
You say the original spreadsheet had two days rest between trades. This is not quite correct. It only meant to trade once per month...
London Capital Group results
SImon
I've just seen your latest results which show a very healthy level of growth. Congratulations.
Just one question. How much of the cash you show on the balance sheet is client funds? Shouldn't this be shown as linked to some sort of liability account...
Yes they include a 2 point spread with both the FTSE and DAX which I have just checked with Capital Spreads. Actually Capital Spreads offers 2 points on the DAX and just 1 point on the FTSE.
Just repeating the same point over and over doesn't make it valid. If you bothered to look at the...
Zish
You have in fact discovered a minor bug in the formulae. Hopefully not too significant. The cause is something I originally referred to in my posting of the system, in that if the system looks to go trigger both short and long triggers, I assumed the long was triggered first with the...
I use Capital Spreads mainly and they have a 1 point spread as of this week. I also have an account with WorldSpreads and they too have a 1 point spread. I also have accounts with IG Index, CMC Markets and Man Spread Trading and they all have 2 point spreads.
If you go back over the history...
SB companies don't make their own market in the index. If each SB made their own market they would be vulnerable to arbitrage (ie if prices between two SB companies differed you would sell one, buy the other and hold till then end of the day when they closed out at the cash market price for a...
Zish
What exactly is your concern with getting fills? If you place an order on a spreadbet platform then there is no reason to suppose it wouldn't get filled if the price passes through it. Very occasionally the index might gap through it and you get some slippage, but this would hardly be a...
I'm not sure what you mean. I use Capital Spreads spreadbetting platform and simply by coincidence I was exiting a trade yesterday morning so I was watching the price at 8 am and I did not see it hit 6256.4 until sometime after the open.
This suggests to me that Sharescope prices are OK to use...