LS Trader

[gj08]

Another Newbie Folks & my virgin post
I am a new trader and keen to learn and develop my own trading style having recently digested Bill Williams Trading Chaos, I would also like to explore a couple of subscription services to see if they are what they say they are!!

I have recently come across LS Trader LS Trader | Financial Spread Betting & Online Trading System and unable to find any threads on here would like to ask if anyone else has had any experience of them ?
Cheers

 

[PokerBrat]

Check out this blog:

Cash Master Blog Spread Betting

The guy there has been using them for a while and gives updates of his results. He seems quite impressed with it.

Only thing I would say about LS Trader is that you are paying £150 a month for their calls. Therefore you will need decent capital to make it worthwile.

On a starting balance of £3000 you will be paying 5% in subscription fees every month. So you need to make 5% profit just to break even.

 

[anley]

LS looks sound I myself have checked them out. BUT, as Poker rightly says you do need a fairly large amount of money to properly trade their signals.

I would say at least £6k, if not £10k plus it's high risk - high reward so if you're not willing to have the potential to lose at least 50% of your capital it's not for you.

I didn't buy because I'm risk adverse but if I could trade it properly with say £2k - £3k (and pay a max of £50 a month) then I'd probably sign up.

 

[ntombifikile]

Whats this about paying £150 for LS calls? Please explain
I was seriously considering joining them but not very sure now!

Check out this blog:

Cash Master Blog Spread Betting

The guy there has been using them for a while and gives updates of his results. He seems quite impressed with it.

Only thing I would say about LS Trader is that you are paying £150 a month for their calls. Therefore you will need decent capital to make it worthwile.

On a starting balance of £3000 you will be paying 5% in subscription fees every month. So you need to make 5% profit just to break even.