Thursday, 1 April 2010

Pick Of The Week

There are a number of reasons why I like this provider. Firstly it is not some fly by night here today gone tomorrow service as it has been trading for 62 weeks. In those 15 months it has had 15 winning months and one losing month which was down just 44 pips.

The drawdown is low compared to other providers and looking at recent trades it has got even better with stops from just 10 to 40 pips. The average time in a trade is only 4 hours so you will not be holding onto trades for days tying up your capital.

The equite curve looks nice and smooth after a little shakey start which was probably just a learning curve which looking at the results the providers has learnt and got better, some providers never learn and get worse, not this one.

There is $236,198 being traded in live accounts with these signals and it has a good rating from 25 live traders. This is good as generally people seem to prefer to complain rather than praise.

As there is only two tades per week on average, you could easily add this provider to your portfolio.

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