Tradingedge. Anyone else tried their service?

[pboyles]

Ok, so why isn't this difference between spot and spread built into the advise sent out by them. The straight forward answer is that this will increase the quoted losses and "save" some loosing trades, thus improving the performance table. Is this relevant? Of course it is because people buy a system primarily on the performance table, in the hope that this is a true reflection of what may be expected in the future.
Also, the difference between spot and spread would amount to 1 or 2 points (depending on who you use). So this trade would still have failed.
Sadly this sort of practice seems to often arise with these systems, I had assumed that this would not be the case....shame.

I have looked at many of these systems and have yet to find one that comes close to the profits claimed, I'd still advise to ask for a copy of their chart showing that level wasnt hit. I cant see any reason they would refuse if that is indeed what happened.

By the way the 1.4810 level I posted from from spot FX not a spreadbet company.

 

[rgsharp]

"If you take this last trade as a loss we would have only been down 85 points in one week, where as most strategies have a stop loss of over 100 points in one trade!
"

Not minus 85 points because we shouldn't have followed their advice, apparently. So the loss would be -85 + 25 or +50 to allow for spot difference. Therefore minus 110 or minus 135 or what. You can't have it both ways, after all as I said before the performance table reflects the stops advised by them.

Keep what clean Buzzee? Or do you mean don't criticise them or is this forum only meant to exsist for sychophants ?

 

[buzzee]

Dear rgsharp
My comments for keeping it clean was for the tradingedge people.
To keep the service clean from this happening again.
I love forums, you just can't hide.
Anyway the future will tell.
i will the first to have a go at them if they **** up again!

 

[rgsharp]

Dear rgsharp
My comments for keeping it clean was for the tradingedge people.
To keep the service clean from this happening again.
I love forums, you just can't hide.
Anyway the future will tell.
i will the first to have a go at them if they **** up again!

Ooops sorry.

Feelings running high !!

 

[rgsharp]

Anyone heard from them today?

Is their website down?

Regards
Richard.

 

[Malus]

Anyone want in?

Recent Results are:

22/3/2010 GBP/USD Short 1.4999 1.4976 23 £69
22/3/2010 EUR/GBP Long 0.9008 0.8990 -18 -£54
23/3/2010 GBP/USD Long 1.5026 1.4999 -27 -£81
24/3/2010 EUR/JPY Short 122.46 122.73 -27 -£81
25/3/2010 GBP/USD Long 1.4886 1.4862 -24 -£72
26/3/2010 GBP/USD Long 1.4836 1.4836 0 £0
30/3/2010 AUD/USD Short 0.9195 0.9212 -17 -£51
31/3/2010 AUD/USD Short 0.9171 0.9145 27 £81
31/3/2010 EUR/USD Short 1.3511 1.3527 -16 -£48

BTW - AUD/USD DIDN'T get filled so disregard the +£81 & GBP/USD (26/3) stop was filled so deduct another £81:00. Funny how they get the fills that others don't.

Anyone want in?

 

[Howard S]

Anyone want in?

Recent Results are:

22/3/2010 GBP/USD Short 1.4999 1.4976 23 £69
22/3/2010 EUR/GBP Long 0.9008 0.8990 -18 -£54
23/3/2010 GBP/USD Long 1.5026 1.4999 -27 -£81
24/3/2010 EUR/JPY Short 122.46 122.73 -27 -£81
25/3/2010 GBP/USD Long 1.4886 1.4862 -24 -£72
26/3/2010 GBP/USD Long 1.4836 1.4836 0 £0
30/3/2010 AUD/USD Short 0.9195 0.9212 -17 -£51
31/3/2010 AUD/USD Short 0.9171 0.9145 27 £81
31/3/2010 EUR/USD Short 1.3511 1.3527 -16 -£48

BTW - AUD/USD DIDN'T get filled so disregard the +£81 & GBP/USD (26/3) stop was filled so deduct another £81:00. Funny how they get the fills that others don't.

Anyone want in.

Dear Malus or should I say Malicious

I have been following Trading Edge for quite a while and signed up for the 2 week free trial and now their special offer.
I have done well following their trades. They have had 4 loosing trades in a row but with their very tight losses this is absolutely nothing.
There are systems out there with 100 plus stop losses which would take you a long time to recover. But a few of you out there can’t resist kicking the new boy it’s called bullying. If you sad people have something better please let me know.
They have made 223 points this month with a 40% hit rate. This is extremely good and it’s all down to good money management. It’s easy to cut and paste the loosing trades.
Read their Blog for their AUS/USD that did get filled.
I had the order and made a nice profit.
By the way their subscription is FREE for 2 weeks!

HS

PS I’m in.

 

[rgsharp]

I didn't get filled on the trade and on checking the spot price the trade didn't trigger.

Your comments are a bit harsh Howard. After all, with out the two non fills there are 8 loosing trades in a row. Not insignificant, especialy if one started following these trades on the 22/03/10. This relates to posts made earlier as to how reliable the past trades in the Performance Table are.

 

[Howard S]

I didn't get filled on the trade and on checking the spot price the trade didn't trigger.

Your comments are a bit harsh Howard. After all, with out the two non fills there are 8 loosing trades in a row. Not insignificant, especialy if one started following these trades on the 22/03/10. This relates to posts made earlier as to how reliable the past trades in the Performance Table are.

RGSHARP

It seems to me that you are one of those people I mentioned, never looking or listening to the facts.
There were fills and proof on their website.
Always the first to criticise.
Are you paying for the service? Or just whining.
You seem to have too much time to stand and stare!

 

[rgsharp]

Have they stopped?
I was waiting for the performance to pick up (as it surely would) but nothing seems to be happening.

Richard.

 

[buzzee]

Just an update to the service.
I rejoined them in January after a two week free offer back in November.
They only swing trade the S&P 500 now which i have to admit, it makes it easier to follow the signals.
I had an email stating that the performance of the signals has been greatly improved, after they automated their method. Heard that before...
But wait for it......IT DID!
Now...i have only been with them for a couple of months but i am up! 40 points!
Let’s see what happens.

I'll keep you posted

 

[Big Spender]

Hi Buzzee
Do you trade the signals using futures or spread betting?
I’ve been spread betting the trades for the last 3 weeks and have made a decent profit.
On one of their orders that missed the entry by a tick I actually got filled and had an extra winning trade.
I was thinking about trading futures but now I am not sure.