How are you getting on with the service, Lasso?
"HI JakeUK,
April so far was a simply lousy month with almost no real recommendations - besides the Touch Bet you mention below. I had this bet also but did choose a few days longer(till 21st April to be exact). Despite of all these barriers in the way FTSE went down on 18 April to 5858,32 which also was the day low. I saw next morning in the early trading hours that I could have sold my bet at bom at a small profit but thought - with a few days left 5.850 could be hit. We know the story - it did not and markets are in a big uptrend at the moment. So - on one hand I was too greedy to take my small profit - on the other hand Mark did not recommend to sell the bet before expiry. "
I have to confess his latest trade advice was unusual? Not the one to short the FTSE today, the BOM FTSE to touch 5850 during the past seven days. Looking at the charts, the FTSE would have had to fall through some pretty well defined support levels to reach 5850? The guys setting these targets at BOM are not going to be mugs and chose 5850 for good reason.
"Jake - at BOM you should be able to create your own barriers and duration of the bet. So in my case I took the 5850 but did choose longer duration till expiry."
Was the move towards 5850 a correction or a reaction to the S&P downgrade to the US outlook?
"I think it was a reaction to the downgrade."
I stand corrected if anyone has accurate figures but anyone following his actual TRADE advises would be well out of pocket?
He claimed he will make 1,000 points for subscribers this year, nearly into May and he has the best part of 1,000 points to go!!
"I doubt 1,000 points are reachable but as explained in earlier posts I play at my point of view often taking his forecast as basis for a trade or not. "
When losing a few points on the spread and 'trading opportunities' not actual 'trades' like todays with a potential upside of 28 points and a downside of 24 points don't seem that brilliant to me, particularly when the advised 'trades' are losing money?