I've got to be honest, I'm a beginner and started with them in Jan, I would have been wiped out if is wasn't for what I'd learnt about money management etc.
I've done better on my own. I know it’s a trend following system, but it does give a lot of false signals (though you are meant to ignore them until the final 4pm signal for the following day).
It always seems to be incredibly late on reversals, as though it confidently knows something you don't, then gives in and changes its mind .. 9 times out of 10 its to late …
Looking at their history, they look good … but this year not so good. But then all you have to do is look at last year (apart from last may) where it looked blindingly obvious in what was going to happen.
So for me…. I use it as just another indicator, my yearly subscription is up in Jan 2008 and won't be re-newing …
Its funny though, before I first joined I thought they were really good, reading the reviews on the blog, etc.. Now I understand that most if not all those comments are from people just started trading like myself. If they knew what they were talking about they wouldn't have bought into the system in the first place. … just shows what a little learnt knowledge has done …