i-Trader System
Below is the table for the i-Trader system that I developed when I created the website and tested it for some time.
I have developed this system because one of the worst enemies that a trader has is himself or herself and their emotions. A trader always has an opinion on where the market is going and most traders lose money.
This i-Trader (intelligent trader) is my Long Term Trader system which has been developed for the trader who may have a day job and has not either got the time or desire to be glued to his screen all day long. Its signals are generated by a proprietary selection of indicators which when combined in the right formula produce the stunning results you see below. It is based on end of day data so I shall be updating every day at about 0700 GMT. When a signal is generated, I shall email all Members with that signal.
The initial phase has included the S&P 500 and Gold and then the Pound/Dollar cross (known as Cable). It is my intention to add a couple of other items as well in due course. It is important to remember that the way it is programmed is not designed to call the tops and bottoms of the markets but to make the most of the main trades in between.
As the results for 2008-2009 show, it has not generated a single losing trade in Gold or S&P and two small losses in Cable and has made profits of $459,352 up to July 2009. The maximum margin required at any stage has been $3,000 for any trade.
These trades have all been based on spread betting with a UK firm (for tax reasons) and profits have been generated in Pounds and converted to US Dollars at the exchange rate ruling on the day a trade was closed. Thus the value of these profits have been reduced in the period October 2008 to June 2009 as the dollar has strengthened by 30% against the Pound.
Members can use whatever instrument they wish to trade from these recommendations such as Futures, ETFs, etc and should still get excellent results. It is important to note that irrespective of how overbought or oversold you may think the market is, always stick to the same size trade and that should be an amount that you could afford to lose if global markets were suspended tomorrow. I generally work on the basis of 2% of trading capital per trade.
Due to demand from existing Members for more active trading, I closed the Long Term i-Trader and have now launched a shorter term i-Trader which is available in the Members' section.
As the website grows over the next year I shall be adding other trading ideas to help you all make money (because that is what it is all about).
Good trading,
Alistair