Trading System Reviews
Updated 4th March 2010
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Great Trading Systems has awarded Karl Dittmann’s Dow Never Lose Trade trading system a GGGGG rating. |
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Great Trading Systems has awarded Karl Dittmann’s Stock Index Secret Trade trading system a GGGGG rating. |
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Great Trading Systems has awarded FOREX AVENGER trading system a GGGGG rating. |
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SNIPER FOREX trading system has been analysed, rather than reviewed, for the indicators it uses and you can Read the full story here |
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MEGADROID Great Trading Systems has had Megadroid in it’s possession for a while now. However, it has become more clear that the EA performs vastly different on different brokers’ metatrader platform. This is making it hard to genuinely review the ability of the system to make money. In light of this we have done a review collating various traders opinions across the internet. You can read the review here. Because of the issues Great Trading Systems has left Megadroid unrated. |
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SchoolOfTrade.Com Free Trial Thought it was worth writing a few words about this free trial as I found it really good for..well….free! Click here to read the review SchoolOfTrade.Com GTS gives it a GGGGG rating. |
FAQs
What happens when I submit my system for review?
Your system will be reviewed by a small panel of traders who will be looking for simply “does it do what it says on the tin”. This can involve some manual back testing of the rules and performance and also some forward testing to test how practical the system is i.e can you get the entries/exits that are stated in the system. The results will then be discussed with you before being published along side a summary of your system in this section.
Why would you want to submit your trading system for review?
There are a hell of a lot of systems out there than don’t do an awful lot and you need to separate yourself from them….assuming you have a system you believe in.
If you submit your trading system for review you will be entitled to provide a free link to the point of sale of your trading system. In other words…free advertising!!!!!
Most importantly, the review will be independent. There are so many “system” providers out there that have reviews but when you look at them they do not seem so independent. A great example is for a system call forex avenger. If you do a google search you will see there are tons of reviews. They usually state something great like “wait don’t buy forex avenger until you read this”. Naturally you are expecting a negative review but then it reads more like a 5 star guide to how everything is so great about the system. But when there are several sites doing the same review it becomes a bit obvious. Hopefully this is where GTS will differ. We will provide an honest review and as long as the review matches what the provider is advertising we’ll add it to the list. Simple. And don’t worry we are not expecting completely perfect systems….I don’t believe they exist. Real tradable systems will do.
If you would like to submit you system for review please contact
Well be accepting systems for review from the 1st July 2009