Fixed Odds Success Review – Matt Shaw

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  • #353
    ReviewTeam
    ReviewTeam
    Keymaster

    Fixed Odds Success Review

    Click below to visit the website

    Key Info

    Publisher:  None specified
    Cost:  £97 per month or £207 per quarter, including a 14 Day Money Back Guarantee period
    Review Date:  January – March 2011

    What It Says On The Website

    This is the “UK’s leading Fixed Odds Trading Service … provided by none other than ‘Matthew $haw’ (ReviewTeam – The $ sign is not a mistake) Mr. Fixed Odds Trader”.

    Matt is a 27 year old Welsh man who has been trading the markets since he was 15 years old, in his first year he made £20,000 from a starting pot of just £1,800. He “now turns over hundreds of thousands of pounds each year by Fixed Odds Trading” (full story provided on the website).

    The service works as follows:

    • Matt places a Fixed Odds trade on his account
    • Matt sends you those trade details – by Email and SMS (if you opt for SMS delivery) – Telling you exactly what trade to place
    • You place the trade on your own account
    • Trades usually return 30%

    There are a number of testimonials and magazine articles posted on the website as well as details of the 14 Day Money Back Guarantee.

    The “Rich Guide To Fixed Odds Trading” eBook, written by Matt, is provided as a bonus guide and is free to keep regardless of if or when you cancel your subscription.

    The Service

    Signals are provided Monday to Friday and are usually received towards the end of the day. Delivery is by Email and SMS. The SMS signal is easy to interpret but the Email version annoyingly tells you to log in to the member site. The reason for this is to prevent the signals being shared, we are told. Fair enough, but a little annoying all the same.

    Instruments traded are Indices and Forex.

    Trade placement is extremely simple, especially for those that have any previous experience of Fixed Odds trading. Even those new to it will surely be able to cope after using the platform for a short while. The bonus “Rich Guide To Fixed Odds Trading” also provides guidance on the subject.

    As with most Fixed Odds Signal Services, getting the same odds as the provider is a little hit and miss. Markets move. So by the time you come to place your trade sometimes the odds will be slightly better or worse (than those specified in the signal) – At the end of the day it should even out, as we found.

    Can It Work

    We have actually had access to Matt’s service since the beginning of this year (2011) and our results to date are as follows:

    • January, 3 trades – All winners – Average return per trade 32% – Monthly profit = +15%
    • February, 6 trades – 3 winners and 3 losers – Average return per trade 36% – Monthly loss = -29%
    • March, 7 trades – 6 winners and 1 loser – Average return 31% – Monthly profit = +14%

    This makes it break-even for 2011 Year To Date and is based on risking the recommended 15% of capital per trade. The average holding period per trade was about 6 days.

    The high risk per trade (15%) works well when trades are winning as evidenced in January and March – But this gets quickly eaten into when things don’t quite go to plan, as we saw in February. Those signing up for this service may choose to adjust this.

    This is a poor start to 2011 for “Mr. Fixed Odds Trader”. To be fair though Fixed Odds Trading (especially the popular No touch and Tunnel bets Matt favours) is not best suited to surprise events – Such as Uprisings, Invasions, Earthquakes, etc.

    We intend to monitor this service for the next 3 months, providing monthly updates and, eventually, a 6 month view. This in the hope we see a more stable world, trading environment and ultimately, more stable returns.

    Note: Matt does state that some clients add a little to his recommended price levels for less risk and that some of these clients never lose. We traded just the recommended levels as per the signals in order to provide a measurable review.

    Support

    Usually within 48 hours and to the point.

    Summary

    PRO’s
    • Clear and easy to understand signals.
    • Matt is one of the longest (if not the longest) serving Fixed Odds Trader we are aware of.

    CON’s
    • Low Risk:Reward 3.33 : 1 (e.g. £100 : £30).
    • High Capital risk per trade of 15% advised.
    • A poor start to 2011 (see our note on World events).
    • Annoying having to login to the website for Email signals.

    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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    #527
    ReviewTeam
    ReviewTeam
    Keymaster

    Systems For Traders had to be rebuilt in 2013

    This is a selection of key posts and comments
    From the original forum

    fiscelan

    04-May-2011

    I’ve subscribed to Matt’s signal service on the 1st of April. In the hope of having fewer losers (which weight heavily on the total return), I’m tweaking his No Touch bet by taking 5% less return than he advises. For the Barrier bets, I do not tweak anything.

    I’ll try to update from time to time (especially when my results differs from SFT) with my results since I believe it’ll be an interesting alternative and should provide higher return.

    For this purpose, Matt strongly recommends to take less return on his No Touch bet.

    ReviewTeam

    June 2011

    Our results for April were as follows:

    • 3 trades – 2 winners – 1 loser – Average return per trade 35% – Monthly loss = -5%

    Performance is based on risking the recommended 15% of capital per trade. The average holding period per trade was about 8 days.

    Results for May were as follows:

    • 7 trades – 6 winners – 1 loser – Average return per trade 28% – Monthly profit = +7%

    Performance is based on risking the recommended 15% of capital per trade up until 24th May when Matt recommended risking 20% per trade. The average holding period per trade was about 5 days.

    After going into profit in our 1st month (January) our account has yet to get back there Year To Date, we continue to monitor and will report back at the end of June.

    ReviewTeam

    July 2011

    Results for June were as follows:

    • 9 trades – 6 winners – 3 losers – Average return per trade 32% – Monthly loss = -20%

    Performance is based on risking the recommended 20% of capital per trade. The average holding period per trade was about 5 days.

    After going into profit in our 1st month (January) our account has yet to get back there and is currently down around 25% since the start of the year. We will now cease coverage of this service.

    fiscelan

    26-Jul-2011

    I’ve now pulled out of this service since it does not work (not profitable). The main reason is unfortunately the very low reward/risk, 1 losing trade will need 4 winning in a row to break even. And Matt’s strike rate is not good (much less than 80% as advirtised).


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