Excelsior DOW Signal Service Review – Cameron Malik

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  • #2386
    ReviewTeam
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    Excelsior DOW Signal Service Review – Cameron Malik

    Click below to visit the website
    (and get the 1st month for £47)

    Key Info

    Publisher:  None specified
    Cost:  £47 for the first month then £97.00 a month thereafter
    Review Date:  April – July 2013

    What It Says On The Website

    We are loving these middle names… Cameron “Mr. Dow” Malik is the new kid on the John “The Way To Trade” Piper / Mark “Mr. FTSE” Austin block – Their choice of “middle names”, not ours!

    The Excelsior Signal service is their “brand NEW Dow service” and it is obviously run by Cameron Malik, “a successful trader specialising on the Dow Jones 30 index”. He has perfected a simple trading system and now wants to share his signals. Some of the benefits listed are (all times UK time):

    • Afternoon starts (the Dow opens at 14:30), no early mornings
    • Trade setup takes 10 minutes at 14:30
    • Short report (email) tells you exactly what to do at 14:30
    • Further alerts (emails) provide trade management instructions
    • Trades win 80% of the time and 90% are over within an hour
    • Short Daily videos of the day’s trading activity
    • 30 days to try it out or your money back

    Based on his system, Cameron looks for trades every day and expects to send 2 or 3 signals a week to subscribers. Based on the high level results from October 2012 – July 2013 (provided on the website) an (impressive) average return of 122 points a month has been achieved since the service started.

    A full “no quibble” refund, of your initial £47, is guaranteed should you wish to cancel within the first 30 days.

    The Service

    The 43 page Excelsior Service (PDF) manual accompanies this service. It provides a broad overview of the methods behind the service so one can reference them when they are mentioned in the signals. The typical trade management approach is also defined – Take 50% profits early on and move the Stop to breakeven for the remaining 50% of the trade. The section at the end provides an explanation (for complete beginners) on how to use IG Index.

    Note: Occasionally Binary bets are used and these are also explained in the manual – However, no Binary bet signals were issued during the 4 months we had access.

    The manual is worth at least one quick read, even for those who are not new to trading, just to get a feel for the service.

    Now, onto the service…

    The first signal (email) is, as per the website, typically received a few minutes either side of 14:25 and it includes the Trade instruction for that day (Short description, Entry criteria and Risk amount) – Trade placement takes less than a minute.

    Follow up signals (emails) provide trade management instructions (take 50% profits, move Stop to breakeven, etc,) which are issued as and when required until the order hits the target or is stopped out.

    And that’s about it – Excelsior is a really simple to follow and execute service and a minute a day around 14:25 and then a minute or so trade management, usually soon after, is a small commitment.

    Can It Work

    We have had access to this service since the beginning of April and can confirm that we have, give or take a point here or there, matched the results reported on the website. Our results are as follows (Breakeven trades have been classed as winning trades):

    April 2013

    • Number Of Trades / Winners / Losers = 12 / +8 / -4
    • Percentage Of Profitable Trades = 66.67%
    • Average Winning / Losing Trade / Largest drawdown = +1.30% / -1.00% / -3.00%
    • Profit Factor (Gross Profit / Gross Loss) = 2.60
    • Monthly Return = 6.39% (Points = 98 versus Official 98)

    May 2013

    • Number Of Trades / Winners / Losers = 12 / +9 / -3
    • Percentage Of Profitable Trades = 75.00%
    • Average Winning / Losing Trade / Largest drawdown = +0.53% / -1.22% / -2.00%
    • Profit Factor (Gross Profit / Gross Loss) = 1.30
    • Monthly Return = 1.08% (Points = 10 versus Official 4)

    June 2013

    • Number Of Trades / Winners / Losers = 11 / +8 / -3
    • Percentage Of Profitable Trades = 72.73%
    • Average Winning / Losing Trade / Largest drawdown = +0.68% / -1.33% / -2.00%
    • Profit Factor (Gross Profit / Gross Loss) = 1.36
    • Monthly Return = 1.44% (Points = 29 versus Official 29)

    July 2013

    • Number Of Trades / Winners / Losers = 11 / +10 / -1
    • Percentage Of Profitable Trades = 90.91%
    • Average Winning / Losing Trade / Largest drawdown = +0.59% / -1.00% / -1.00%
    • Profit Factor (Gross Profit / Gross Loss) = 5.93
    • Monthly Return = 4.93% (Points = 103 versus Official 103)

    So, a total return of 13.84% over 4 months, or an average 3.46% a month – Not bad at all considering the minimal effort and sensible 2% risk per trade we applied (Cameron risks 4% per trade so in effect doubles these returns).

    The following may be way off but we just wanted to present the numbers anyway!

    If we can state we made a total of 240 points (13.84%) over the 4 month period (Official results = 234 points). We can then suppose the service had similar Stops and Entries across the 10 months since inception. This suggests the official 1221 point return reported since inception translates to around 122 points a month. This provides a very reasonable average monthly return of 7% and a total return of around 70%.

    We spent some time considering adding this service to our “Services We Use” list, the downside being we have only verified 4 months worth of signals and our monthly returns (although always positive) were always below the (much better since inception) average. However, due to the sensible risk profile, the ease of use and the consistently profitable monthly returns we decided to give the service the benefit of the doubt. This is of course in anticipation that those monthly returns can remain consistent and start to move closer to, or above, the average monthly return, as measured since inception.

    As this has been added to our “Services We Use” list we will also maintain an Excelsior DOW Signal Service Journal

    Click this link to access this service for £47 for the first month (£97 thereafter) with a 30 day “no quibble” money back guarantee.

    Support

    Usually very good and within a couple of hours although we did have to prompt again after waiting more than 24 hours on occasion.

    Summary

    PRO’s
    • Easy to use, less than a few minutes a day.
    • Sensible risk profile.
    • Our results (April – July) match those reported on the website.
    • A consistently positive monthly and overall return.

    CON’s
    • Our monthly returns (April – July), although always positive, were always below the average monthly return, measured since inception.
    • May be expensive for some.

    Do remember, your comments are important – If you have used or decide to use this service, please contribute to the community by reporting back your findings.

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    #2428

    markbritton
    Participant

    Hi,
    This sounds a very interesting service – do you need to set your trades and monitor them constantly through the afternoon or can you literally set and forget?

    Many Thanks
    Mark

    #2429

    Liverlad73
    Participant

    Hi,
    Could you please tell me if the Excelsior DOW service system is suitable for complete novice traders? Would a person completely new to trading be able to understand and follow the instructions provided in the manual?

    Thank you
    Steve

    #2430
    ReviewTeam
    ReviewTeam
    Keymaster

    Hi,
    This sounds a very interesting service – do you need to set your trades and monitor them constantly through the afternoon or can you literally set and forget?
    Many Thanks
    Mark

    Around 2:25pm you will receive an email, you then usually place orders but it is not really Set & Forget and walk away – You do have to be around to react to the follow up trade management emails but this is usually over and done with within the hour – Hope that helps.


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    #2431
    ReviewTeam
    ReviewTeam
    Keymaster

    Hi,
    Could you please tell me if the Excelsior DOW service system is suitable for complete novice traders? Would a person completely new to trading be able to understand and follow the instructions provided in the manual?
    Thank you
    Steve

    Without meaning to sound flippant in any way at all someone interested in trading who has a difficulty following this service should not really be considering trading.


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