Wall Street Time Shift Trader Review

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  • #1157
    ReviewTeam
    ReviewTeam
    Keymaster

    Wall Street Time Shift Trader Review

    To The Best Of Our Knowledge This Service Is No Longer Available

    Key Info

    Publisher:  Thames Publishing
    Cost:  £229 with a 30 Day Money Back Guarantee
    Review Date:  October & November 2011

    What It Says On The Website

    Wall Street Time Shift Trader is a system which asks the question “Could you spare just a fraction of your lunch hour to build your own financial freedom?”. “Anyone can access these lunchtime bonuses, day after day, even if they’ve never traded before in their lives … check one figure on a website and then set this simple trade in motion”.

    The guy behind the system is Mark Rose, a trader of many years and also the publisher of a free website and newsletter. He states that the system will not “make you a thousand pounds overnight … and it won’t make you a millionaire by the end of the year” but it “has been properly tested, fine-tuned and retested … is simple and quick to use, and has produced steady profits over months and months”. Full results since May 2011 are provided on the website, demonstrating an 80% win rate for the “conservative” approach.

    The main caveat to trading this system is being able to spare 5 minutes between 13:00 and 13:25 UK time each weekday as this “is a very special window of opportunity that most traders overlook … a simple fluke of geography”.

    The system comes with a 30 day Money Back Guarantee backed by Thames Publishing.

    The Material

    A 74 page manual which is quite well written even though about a third of it is devoted to choosing a Spread betting company, an introduction to Spread betting and how to place a trade.

    The actual Wall Street Time Shift Trader system is explained over 10 pages in Chapter 2. As it is such a simple and straight forward system this is well done and it meant that we had a clear rule base established within about 10 minutes of picking up the manual.

    Towards the back of the manual examples are provided, the subject of Money management is covered and finally there is a FAQs section. From these we picked out the following; 2% risk per trade is realistic, a £1,000 starting pot is recommended and the system should not be traded on US Bank holidays.

    The System

    As mentioned above the Wall Street Time Shift Trader system is really simple. There are a few decisions to be made but when analysed in a little more detail direction becomes quite clear, as follows.

    Avoiding days when US news is due out at 13:30. Mark states that he has found these moves (the ones affected by news) have worked in his favour more often than not. We therefore chose to ignore the news and trade as normal.

    Trade between 13:00 and 13:25 UK time ensuring orders are placed by 13:25. After suggesting to Mark that we would place all trades at 13:00 based on the current market price he agreed with us.

    Target, 10, 20, 30 or 40 points. There is quite a lengthy section on this in manual explaining that this will be down to each individual’s attitude to risk, their mentally, trading style, etc. For us, based on the statistics we believe it’s not that complicated. The statistics for a “snap-shot” 12 week period are as follows:

    · 10 – 191 points – 80% Strike rate
    · 20 – 224 points – 61% Strike rate
    · 30 – 345 points – 53% Strike rate
    · 40 – 249 points – 42% Strike rate

    The 10 point target yields a return which is almost half that of the 30 point target so we ruled that out. The 20 point target yields a slightly higher return than the 10 point target but still the return for the 30 point target is 50% greater (with the Strike rate affected by just 8%) so we ruled that out. The 40 point target yields a lower return that the 30 point target and has a worse Strike rate so we ruled that out. Thus, without specific drawdown data being available the 30 point target was the obvious choice for us.

    Stop in all instances is fixed at 20 points, so Risk:Reward is 1:1.5.

    Can It Work

    This system can be traded in less than 5 minutes a day at any time between 13:00 and 13:25 UK time. As above, we chose to trade at 13:00 every day so as to have measurable results.

    Order entry is simple and even beginners will be able to follow the well documented process in the manual with little or no problems. Using OCO (One Cancels (the) Other) orders, available via many brokers these days, makes system operation even easier.

    Our results for October were as follows:

    · Time period / Time-frame = 1 month / 30 minute
    · Time Traded = 13:00 UK Time
    · Risk Per Trade = 2.00%
    · Number Of Trades / Winners / Losers = 21 / +13 / -8
    · Percentage Of Profitable Trades = 62%
    · Average Winning / Losing Trade = +3.00% / -2.00%
    · Profit Factor (Gross Profit / Gross Loss) = 2.44
    · Largest Drawdown = -6.00%
    · Average Per Month Return = +23.00%

    It’s certainly early days with just 21 trades under our belt but given the time commitment and stellar performance (in October) we have decided to monitor this until at least the end of the year.

    Note: At the time of producing our review we have made 5 trades in November with 2 winners and 3 losers, a breakeven position.

    Support

    Great support provided, we don’t think we had any query open for more than an hour without it being resolved. Additionally, useful information about trading hour changes were issued when the US was out of sync with UK clocks.

    Summary

    PRO’s
    • Easy to set up and just 5 minutes a day.
    • 100% mechanical, once a few decisions have been made.
    • Stellar performance in October.

    CON’s
    • Just 21 (26 if we include the 5 in November) trades to date.

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


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    #1161
    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 prior to the rebuild

    Fatchance

    26-Nov-2011

    I’ve been demo-trading this for the past couple of weeks – I like set-and-forget (in principle, but not come across any system as yet which works reasonably consistently for long after the period of attractive results in the publicity material).

    On the basis 20/30 last week was break-even for me and this week has produced +50, 3 Winners, 2 Losers.

    zorba_g

    27-Nov-2011

    I’ve been demo trading this too and I’m quite happy with the ease of it and the R:R. My understanding was that Thurs and Fri were traded last week despite the no bank holidays rules. Seems simpler that way!

    I like this system for its simplicity and ease – very fire and forget although the publisher is encouraging the use of advanced strategies (split lots, partial TP, trailing stop etc) which is nice to see.

    ReviewTeam

    08-Dec-2011

    Our results for November were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +10 / -11

    • Percentage Of Profitable Trades = 47%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.36

    • Largest Drawdown = -7.00%

    • Average Per Month Return = +8.00%

    Disappointing after +23.00% in October but it was a very tough act to follow. +8.00% is still an excellent return on investment for any system especially one which takes 5 minutes a day. We will continue to monitor and report back.

    ReviewTeam

    03-Jan-2012

    Our results for December were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +11 / -10

    • Percentage Of Profitable Trades = 52%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.65

    • Largest Drawdown = -10.00%

    • Average Per Month Return = +13.00%

    Three months with positive results now, +23.00% in October, + 8.00% in November and +13.00% in December. Great returns for 5 minutes a day.

    We have decided to add the Wall Street Time Shift Trader system to our “Systems We Use” list.

    This is a link to our Wall Street Time Shift Trader Journal

    • This reply was modified 4 years, 8 months ago by ReviewTeam ReviewTeam.
    • This reply was modified 4 years, 8 months ago by ReviewTeam ReviewTeam.


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