spread trader??

cragzy

Newbie
7 0
can any one give me there thoughts on "Spread Trader" a link found on this site published by Fleet Street publications??
is it any good?
has anyone out there got hands on experience with this tool?
 

darrenf

Well-known member
481 3
Not sure, but it sounds a bit Vince Stanzione to me.

Fleet street publications is who VS publishes through.

If it is one of his creations, I would stear well clear. See extensive threads on VS on t2w.
 

The Wanderer

Member
88 0
Don't think that Vince Stanzioe uses Fleet Street Publications for his trash-he uses a publisher in FLEET IN HAMPSHIRE which as far as I am aware is somebody completely different.

SpreadTrader is quite a nicely produced alert giving tips on spreadbets including the setting of stops.Alerts are sent by text followed by hard copy the next day,with recommendations to move stops and close positions sent by the same manner.

Problem is that even when text is received market has often moved past the recommended price and does not revert to entry level suggested therefore trade is missed.Similar situation when closing instructions given.

Of trades which do get filled results are patchy some good winners but offset by quite a few losers.Could probably improve situation by introducing your own money management system rather than following theirs blindly but still dont think you will make much unless you are doing about £10 per point upwards and then becomes a bit risky.

Costs about £400 per year-better ways of spending your money IMHO.

Don't think that I will be renewing my subscription :cry: :cry:

Hope this helps
 
Last edited:

ChartMan

Legendary member
5,580 46
OMG Fleet in Hampshire is where I live... I'll have to move. :(
 

The Wanderer

Member
88 0
Keep a low profile Chartman-once they get hold of your name you get spammed for every "Get Rich Quick" scheme that has ever been invented and a few more on top of that!!Property searches and internet publishing are the latest ones!!
 

Quercus

Well-known member
399 7
CM
He's probably that nice friendly neighbour that you chat away to, just living under a pseudonym!:eek:
Cheers
Q
 
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