Independent Review of WallStreet1928

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MajorDutch

Established member
866 85
#1
Hi

Not sure if this is the right place for this so mods feel free to move it. I subscribed to WallStreets1928 live service for the last month. I will be posting here in this thread a review of the last month of his live trade calls. I subscribed to verify the claims on his thread. I will update here soon.

major D
 

MajorDutch

Established member
866 85
#3
Right let's get started. First a bit of background and why I am doing this. I have been trading for around 3 years now overall I have lost money but recently have started having some success trading the H4, Daily/Weekly t/f's as per the James16 methodology. I am not in any way affiliated to James16 however out of the all the vendors I have come across this is the only one I have found to date that is worthwhile. A while back I took a look back at the WallStreet1928 thread (WS1928 from now on) and saw some pretty bold trades and frankly wild language from WS1928, it's fair to say there was a fair bit of ego involved. I took a closer look at a few of the trades he posted up live and he made some decent calls, some of them with high accuracy in terms of stops and targets and this got me curious. I decided to sign up for 1 month at £50 and conduct some due diligence, I was happy to lose the £50 on the basis that I was paying to find out what the crack was.

As an investor/trader I am pretty conservative so I would not trade any method/strategy with real cash until I have successfully demo'd it for 3 months and even from that point on I would trade for chump change building up as my confidence grew. I started receiving the alerts on Monday 24th October. I have not been trading them but just following along to verify that had I been trading them I would have been able to get results close to what is claimed.

In the past month I have received 200 email and even more texts with entry points, close points and analysis.
 

Chalky_trader

Well-known member
463 34
#4
Right let's get started. First a bit of background and why I am doing this. I have been trading for around 3 years now overall I have lost money but recently have started having some success trading the H4, Daily/Weekly t/f's as per the James16 methodology. I am not in any way affiliated to James16 however out of the all the vendors I have come across this is the only one I have found to date that is worthwhile. A while back I took a look back at the WallStreet1928 thread (WS1928 from now on) and saw some pretty bold trades and frankly wild language from WS1928, it's fair to say there was a fair bit of ego involved. I took a closer look at a few of the trades he posted up live and he made some decent calls, some of them with high accuracy in terms of stops and targets and this got me curious. I decided to sign up for 1 month at £50 and conduct some due diligence, I was happy to lose the £50 on the basis that I was paying to find out what the crack was.





As an investor/trader I am pretty conservative so I would not trade any method/strategy with real cash until I have successfully demo'd it for 3 months and even from that point on I would trade for chump change building up as my confidence grew. I started receiving the alerts on Monday 24th October. I have not been trading them but just following along to verify that had I been trading them I would have been able to get results close to what is claimed.

In the past month I have received 200 email and even more texts with entry points, close points and analysis.
whats your view so far on the emails and texts?

with so many i guess its easy for the originator to pick the best few as his marketing tools and forget the rest....... or am i being too cynical in my old age?
 

MajorDutch

Established member
866 85
#5
1st week Monday 24th - Friday 28th

I can verify that he ended up on +110 points for the week. trades were made on CAC, NASDAQ, FTSE, DAX, WTI, EURUSD, AUDUSD. all trades he called.

I will post 2nd, 3rd, 4th week when time permits.
 

Chalky_trader

Well-known member
463 34
#6
1st week Monday 24th - Friday 28th

I can verify that he ended up on +110 points for the week. trades were made on CAC, NASDAQ, FTSE, DAX, WTI, EURUSD, AUDUSD. all trades he called.

I will post 2nd, 3rd, 4th week when time permits.
thanks for the effort you are putting in here

one more thing - were the calls made in advance or real time, typically how many points were made per trade.

Regards

Chalky
 

MajorDutch

Established member
866 85
#7
whats your view so far on the emails and texts?

with so many i guess its easy for the originator to pick the best few as his marketing tools and forget the rest....... or am i being too cynical in my old age?
well as you know views are subjective. The reason I wanted to start this thread was to look at the facts of the calls that he made and to verify any claims made. a lot of the trades he has called are historically not trades I like, eg. holding positions overnight. I can tell you over the whole month he made points every week but I will break down the 4 weeks so far in good time. you are right to be cynical there are a lot of sharks out there.... having seen what i have seen I have no doubt WS1928 has ability to trade profitably but only time will tell on the consistency side.
 

Lord Flasheart

Legendary member
9,796 975
#9
well as you know views are subjective. The reason I wanted to start this thread was to look at the facts of the calls that he made and to verify any claims made. a lot of the trades he has called are historically not trades I like, eg. holding positions overnight. I can tell you over the whole month he made points every week but I will break down the 4 weeks so far in good time. you are right to be cynical there are a lot of sharks out there.... having seen what i have seen I have no doubt WS1928 has ability to trade profitably but only time will tell on the consistency side.
How live were the trades called.could you have got the price as stated. Lets us know
 

MajorDutch

Established member
866 85
#12
Week 2 - 31st Oct to 4th Nov

trades on FTSE, NASDAQ, CAC, DAX, CABLE, EURUSD, EURJPY. positions held over weekend yielded +70 pips. I can verify he ended up on +362 points for the week. At one point on the tuesday he was down to -70 points for the week but pulled it back later in the Tuesday.

+472 points for week1 + week2
 

Lord Flasheart

Legendary member
9,796 975
#13
Week 2 - 31st Oct to 4th Nov

trades on FTSE, NASDAQ, CAC, DAX, CABLE, EURUSD, EURJPY. positions held over weekend yielded +70 pips. I can verify he ended up on +362 points for the week. At one point on the tuesday he was down to -70 points for the week but pulled it back later in the Tuesday.

+472 points for week1 + week2
i think your missing something Dutch, someone would have been along before to say how good he is, as Ive said he has 100s of potential customers on this site,all he would have to do is a few live calls
 

Sidekicker

Well-known member
407 11
#15
yes my analysis showed the price stated were achievable.
I think this is important to consider because it makes a big difference.
I spoke to someone once who in a week where ws got 200pts, the subscriber actually got -200 because ws made losing trades during the day but positive trades at 3am in the night (ie sleeping time).
There are also delays resulting in averaging errors.
I'm afraid there's not much you can do about that apart from to learn his analysis and make your own trades.
 
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