General

Successful trade on Friday giving us +20, nice range today too so hopeful of a successful trade later today.

Filed under General by Jonathan Wakefield

Since 14th December there have been 9 qualified selections (qualified in the sense that they were the advised horses which fitted inside the betting parameters). Unfortunately, only two of them managed to place and none won. This service was never going to have a high strike rate of winners, we are relying on the fairly high odds of any winners to bring us our profit. We are certainly due a change of luck.

Running total -15.5pts.

Filed under General by Terry Shepherd

I have mentioned in my earlier comments that the daily results of the Author of the system, Mich and myself haven’t coincided, with the result that we weren’t getting the same figures. After discussing this with Mich, I realise that we haven’t been placing our bets at the same time, consequently leading to some horses being acceptable and some not. This has skewed the results I’ve had, to the detriment of the profit & loss. Therefore, now that this error has been corrected, I have started afresh. Since the bets are placed by a bot in both our cases, our results should now be similar.

The last two days have shown both sides of the laying coin, losing just on 6pts one day and recovering with 7pts profit yesterday. The service is now showing 16pts profit for December so far, so it is looking good if it keeps it up. In his morning mail, Mich is now warning us not to bet if the going is heavy but this hasn’t affected us yet, though no doubt we have some bad conditions to come.

Filed under General by Terry Shepherd

I just got this through from BetFan and I reckon it’s worth signing up to this just to be entered into the free prize draw for an Amazon voucher and free subscription.

I don’t know what the 12 offers/giveaways will be but it won’t cost anything to have a look:

Hi ,

We love Christmas at BetFan not only the
festive build up but all the quality sport that
follows the BIG day!

Anyway, we know it’s an expensive time of
year so we always look for fun ways to keep
our readers in the loop on the tips and betting
side without the expense.

This year we have come up we a real Christmas
Cracker….

The BetFan 12 Days of Christmas Special!

We have no less than 12 fantastic offers for
you spread over the next 12 days. Most are
free opportunities for great tips and a few may
incur a quid but they’re all great offers none
the less.

Visit the website by clicking the link and you’ll
see that we’ve even put 3 great prizes up just
for showing an interest!

http://www.cash-master.com/12daysofchristmas.php

We hope you enjoy this unique offer
and we wish you a Very Merry Christmas!

Best Wishes,

BetFan

Filed under General by Graham

Since my last report, we have had just 11 qualifying selections, from which we’ve had just two horses placed, so as we are betting these E/W, we are having to bear the pain of double liabilities when the horse doesn’t even place. Consequently, we’ve slid back a little and we now stand at 2.5 pts behind, overall. We can’t expect a high strike rate with this system but when they come, they are worthwhile since they are only bet at decent odds. We need patience!

Filed under General by Terry Shepherd

Using the 15 pip range rule there have been no trades this week, however, if you had ignored this rule we would have made 20 pips on both days. Very slow at the moment but all the while the bank is remaining intact

Filed under General by Jonathan Wakefield

Since Sunday, we have had 88 qualifying selections, from which we’ve had 59 winning lay bets, giving us a strike rate of 74.42% and total gain since 2nd December of just under 6pts. Average odds remain low, at 4.15. For eight days betting this is not bad at all, since it represents more than 20 pts in the month if it keeps up at this rate. Laying systems are always something of a rollercoaster and the trick is keeping the balance on the right side. So far, this is managing to do that.

Filed under General by Terry Shepherd

As promised, a further update. The bank has now grown to £532 from £379.40 60 days ago. Very impressive! We did actually reach a high of £907.40 by the end of November but a few losers have reduced the bank, however, winners have come in the past couple of days.

This is one you really should have in your portfolio, and here is why : My £200 bank has grown in the last few months, however, if I had started with £200 on 1st January 2011 and used the 5% ratchet bank, by the end of November this bank would have been over £25,000!!!

And if the ratchet bank is not for you, level stakes betting is well over 100 points up for the year.

From the 1st January 2012 I will monitor the service and update my actual results on a monthly basis.

You can join The Bet Plan here:

http://www.cash-master.com/thebetplan.php

Filed under General by Simon

I am going to be looking at Trade 4X Pro. This sells for £297 and looks on first inspection to be very good value.

What I have received so far is a pdf containing the system instructions, Metatrader4 collateral in order to setup my charts, and access to a members area with results, daily advice and a “goal setting” spreadsheet. Apparently there will be some videos and a live trading room available later.

I have received a “welcome” email from Roz, the system owner, which does sound very encouraging. Here are some quotes:

I focus on very small risks and large rewards (I rarely use a stop over 20pips most are 10/15pips) and I aim for 2/1 risk reward minimum on most trades.

I am running a test of my service at the moment showing the daily trades trade4xpro delivers, I must add I don’t use any-

• moving averages/parabolic/bolinger bands or any other clutter on my screen
• candle stick patterns 
• any EA or auto signal to buy and sell

I was shown how to use price action with my own areas of interest and I get into a trade very early on and as I say I look for minimum 2/1 risk reward sometimes much more.

As I don’t use any lagging indicators, I have the ability to get into trades early on unlike many unsuccessful traders, I have developed my own trading goals which I am now teaching others, with the ability to take 40/50pips daily from the markets while risking less makes my trading very consistent.

I do like low stops and the results indicate a consistent average of 600 pips per month with a 74% strike rate. At £1 per pip this is at least £600 per month tax-free, so I like this also. I do so hope the system survives this trial period!

As per usual, to allow direct comparison with other ForEx systems reviews on cash-master, I will be using £10 per pip. However, I do notice that Roz uses a different staking plan, so I will monitor that as well. Initially I will be concentrating on just EUR/USD, a will attempt to note basic and advanced trades.

This method uses 15 minute charts to trade, therefore this will not be a suitable method for people who have to work.

We will be having a Christmas break.

I will stop once at least 40 pips have been collected for the day. This may mean entering a trade because I only have 39 pips and exceeding the daily target.

One last thing to note is that this system is not mechanical and therefore where I place my orders may differ from where other place theirs. I think, by and large, we will all have out charts annotated in similar fashions, so this shouldn’t be a big issue, but may make a direct comparison of my results against Roz’s difficult if not impossible.

Filed under General by Arthur