I don't think this site has been going on long enough for people to trust the system works (correct me if I'm worng). Personally I've been following for about a month. Furthermore, if you are going to charge, going with someone like paypal would make things easier for people I think. Also note that when you start charging for a service, people expect results and service. If you thought you put alot of work into it now, wait till you start charging. Now people email you hoping for reply. If they start paying they will email you demanding a reply. Also your point about putting alot of work into it is and isn't valid. You need to do the numbers for your own trading, in the past you shared them because you were a nice guy, and you said you did it to put the "traders" that charged to shame. Now you want people to pay you for something you will be doing in any case. And how do you feel about charging people for something that isn't yours anyway??? The system is your friends isn't it? Does he know?
My final point is that yes the results of the trades have been good, but not many people have the capital to bet at £5 a point to follow the trade recommendations of someone you don't know and who for whatever reason may not post a trade one night, 4 nights, a month or ever. I'd say most people right now follow on paper, and those that trade do it for between 50p and £2 a point. Many of the trades give up to 25pts less than the published results (for bid-offer spread reasons if nothing else). 200pts a month would give you £400 profit. Yes that's a good return for £25 but there are betting subscription services that would give you twice that with a £600 bank and much less risk. Food for thought anyway. There is no such thing as a free lunch, but I don't think this one is cooked enough for me to pay for it
My final point is that yes the results of the trades have been good, but not many people have the capital to bet at £5 a point to follow the trade recommendations of someone you don't know and who for whatever reason may not post a trade one night, 4 nights, a month or ever. I'd say most people right now follow on paper, and those that trade do it for between 50p and £2 a point. Many of the trades give up to 25pts less than the published results (for bid-offer spread reasons if nothing else). 200pts a month would give you £400 profit. Yes that's a good return for £25 but there are betting subscription services that would give you twice that with a £600 bank and much less risk. Food for thought anyway. There is no such thing as a free lunch, but I don't think this one is cooked enough for me to pay for it
