Hello to All.
I have read these posts from the start and this morning I ordered this 'system'.
I have decided (I hope to my better judgment) that this is not a scam and that these are all genuine and sincere posts. I aint got a clue what the 'product' is or, more importantly, how to implement it. The Ad says that it is easy...we will see.
I have had a little luck 'on the horses' but as I am due to retire soon, I thought I would try to learn this so I can hopefully supplement my pension.
A few questions,if I may.
Does it have a shelf life.
I have a bank of between £500- £1000. Is this enough.
Though I am 'unlearned' I am still quite a bright cookie. Will it take long to master.
Thank you and Good Luck
The 'product' is a manual for trading the Foreign exchange market, indirectly by spread betting, specifically on the movement of the £ against the US$, a currency pair sometimes nicknamed (confusingly) 'cable'.
Dunno about shelf life - if it consistently starts losing money then maybe, but that hasn't happened yet.
Say your bank is £1000. You limit your stake per trade (bet) to only 2% of your bank, so this for you would be £20. As the max loss limit is set to 30 pips (points) your max stake per pip would be 66p per pip (£20/30).
The profit target per trade is 50 pips. So on a losing day the max loss is £20, on a day when target is hit, your winnings are £33. Of course, you can be anywhere in between -30 and +50 on any day. It's longer term averages that are important, and my own bank is about 15% up after 3 months.
IG index let you start off with a 10p per pip minimum stake for 2 weeks, then 20p for 2 weeks, and then the minimum is 50p thereafter.
It is very simple to learn, takes about 20 mins to read the manual, but go through it twice to make sure
The only downside, you have to set this around 6.25-6.30 in the morning!
Good luck!
ps, no this is not a hoax thread, you can look back at the posts on any day, and check what is being said against the results on IG for the last month or so.
