PaulaS
I asked Spread-King.com a few pertinent questions and have now received their reply, which is shown below.
It beggars belief that they have no embarrassment or explanation for why they leave trades out of their performance figures. I bet they didn't leave out any good winning trades!
They say they have been trading for 10 years, but their reply to Question 3 appears to show they do not even know what Drawdown is ( if they do, then they obviously don't want to say what drawdowns are involved.
Maybe as a paid up customer they will give you the proper answers to the questions.
Hi,
Many thanks for your query.
1)Are ALL the trades on the Dow and Ftse from 7 Jan listed ie have you left any out?
Yes, we have left some out. We always try to update the performance page, so not all trades are
there.
2)Why are there no trades for the Dow on 8/13/14/15/16/22 Jan or the Ftse on 7/8/10/11/14/15/16/17
Jan?
We have only included a selection of trades.
3)What was the maximum drawdown on the trades?
We try to limit risk as much as possible. We only trade what we can see, if there is nothing to
trade, we don't trade.
4) How long have you traded this system and can you prove the consistent profitability through
actual trades?
We have been trading just over 10 years, during the early days, we developed a system and slowly
been tweaked, to allow maximum profits and limited losses. We have been trading the system for about
3 1/2yrs.
5)Why are there no Stock or Gold trades shown?
We personally trade only the Dow and the FTSE, but the system has been adapted to allow other
markets, like stocks and commodities to be traded.
Hope this helps.
Regards
Kevin
