S&P 500 Trading System
This week I am bringing you a trading system that i am currently monitoring for effectiveness and efficiency to make long term profit and have been doing so for the last few weeks. Nick, the system designer, has kindly sent me a copy of his part time after 5pm trading system. Nick uses his own S&P 500 US index trading system (and other self written systems which I shall be monitoring in the future and bringing to you) as his sole income. If you wish to see daily profits, Nick has a blog which you can visit and also see his evening trades.
Now, I certainly do not recommend that you just give up your day job when you get the manual, that would be financial suicide and anyone saying that a system can make you give up your day job instantly or indeed after just a couple of weeks using it is out for one thing only and thats your money. With Markets Mastered, Nick starts by showing you a very possible exit to your day job by starting off part-time and after an appropriate period of time learning his system and, most importantly, how to trade his system.
Nick is one of the very few I strongly believe is here to help and help he does indeed! The system is not just a precise manual (and many are not even precise on the market today) but the customer service Nick provides is nothing short of outstanding in my personal experience. Nick offers unlimited email support – not just the 30 day money back guarantee, but ‘forever’! Upon visiting Nicks site and blog you can see emails sent to him from people who are using his trading systems.
The big question is…does it work in the long term? This is what I am currently finding out. I have personally read the system manual twice and about to read it again for the third time to fully absorb. Typically with the vast majority of manuals I get, I will read several pages into them only to determine it has been a complete waste of my time and I forget about it for life. This is certainly not the case with the trading system and I naturally find myself becoming increasingly intrigued by Nick’s simplicity and straight forwardness.
In my opinion you do not just get a sound trading system, you get excellent customer back up service and virtually every day you receive an email with the trades Nick has performed, whether they made money or not! In the emails you are shown exactly what part of the system was used and how it was used. This is absolutely invaluable because you do most certainly learn much more about the system when you see how it is used and being a daily email it is implanted into you and thus eventually becomes very easy. The vast majority of system manuals just never do that and you are left to your own devises which quickly produces boredom, frustration and placing too many trades. It is not like that with Nick’s trading system. When ever I have a question, Nick responds quickly with a direct answer. I like this and it is difficult to find (I am quite sure you may have found the same when seeking profitable services).
As I say I am reading the system manual for the third time and Nick recommends all readers to do so, and quite rightly, because this system has the potential to make a life changing time & financial situation in the long term. As I said before, I perceive this system not to be the typical short term grab the money rubbish which then loose you money in the long term, you will never achieve success like that, but definitely a long term approach to providing a steady and relative income.
Nick is actually quite astute in that he does tell you to trade small in the beginning, which is excellent advice that I attend to myself. Regardless of whether you are a novice or a seasoned pro you should always trade small when ever testing or trying a system that is new to you regardless of any claims that are made, and that is exactly what Nick does advise, and it is good advice.
Nick himself strives to reach a 20 pip profit per day. Note, this is not forex but the S&P 500 Index on the US market. So far over the past few weeks looking at the daily trading email and also matching up the graphs from the S&P this has been true the majority of the time. Also I have been getting my own charts to tally up to what Nick has been sending in his daily emails and they also match so I can confirm this system and the emails are legitimate. Also, which is a major bonus, is that there are very few trades to perform, the most trades I have seen Nick perform is just 3 trades in any one given day. in fact most days there is just one trade! That itself is food for thought and cannot and must not beignored! Market professionals do not make excessive trade per day on the stock market and neither should you.
As I say, I have been testing for a few weeks. You should know by now this is not really long enough to be absolutely sure any system will work in the long term so I do have more time to test long term profitability and you can be sure that I shall be updating on a weekly basis with my findings. However, early sentiments are that Nick’s system will live up to its name and reputation. Next week I shall begin paper trading using a very small £1 per tick to test the water and should all go well (which I am expecting) then I shall gradually increase the stakes to £1.50 per pip, £2 per pip and so on as the profit increases uses money management. As soon as I begin to hit £5 per tick, which I perceive to be in approximately 3-4 months, I shall begin trading using real funds…but naturally will initially begin using £1 per tick real money and not jumping into the deep end! You can also get your hands on a free book on how to trade consistently.
Passed with 5/5 Stars!
- All
By The Book Rating:
Passed with 4.5/5 stars!
- Betfair ATM Rating:
- Bonus Bagging Rating:
- Golden Key Method 2 Rating:
- Layers Of Profit Rating:
- The BetPlan Rating:
Go on! Have your say!
Comments on S&P 500 Trading System
Alan @ 3:35 pm
Hello Mr Rob Hawkes,
Firstly, thank you for taking an interest and asking a question. I do not know whether you have already purchased the system or one of the other two systems offered by Nick at Market Mastered although I know there are quite a few from here that have.
The Markets Mastered evening trading system is going very well indeed. The beauty of it is that once you learn you can start making an income for yourself without soley relying on others.
I was not able to trade last week due to illness, however, in the short space of time I have been paper trading the system it has shown a profit of 284 pips in the last several weeks. I did read the manual four times and will be reading it yet again in a couple of weeks as a continous refresher and I most definately recommend the following (Nick the system author also recommends the following) :-
Read Nicks system manual(s) at least three times.
Start by paper trading until you have built up to approximately £5-£10 per pip, then and only then start live trading but when you do start live trading take your stake back down to the minimum £1 per pip level.
Perform strict money management, which is also detailed in the manual and also Nick is on hand to answer any of your questions (he is actually very good and quick at responses – usually by the next day – remember Nick is a full time trader and trades his own systems).
Do not be afraid to ask Nick questions, in fact he encourages them to help you get the most out of the system. This is one extremelly important aspect to the system, its not just a book but a complete system that will help you to trade and trade profitably and develop the mindset of a professional trader.
Trading takes time to build up and no system that is worth its salt is any different (unless you trade penny stocks or leveraged forex which are in a category of their own) Trading major indices will prove most profitable after building up and definately compounding returns.
This one is mine, Set up a new email address to receive Nicks emails, though not necessary I find it helps me as I am a member of several services and like to keep all related trading emails in one place.
Hope that helps you out. If you need to know anything else please do ask. In the meantime (my time is a bit limited right now) if I think of anything else be sure I will post.
Alan
rob hawkes @ 10:46 pm
@abishop: hi, how is it going with the above markets mastered evening trading system. as a beginner grateful for any advice, thanks mr Rob Hawkes
Alan @ 10:35 pm
I have been actively paper trading Nick’s S&P 500 evening trading system for a short while now after reading his manual 3 times (and now on my 4th time reading) and it is displaying the necessary and legitimate signs of future focused profits.
Besides the profits (paper profits after several weeks are showing as i type a NET 173 pips paper profit with only 4 loosing days) Nick has several absolutely outstanding ebooks for his members only and are well worth more than the price of the trading systems. I know this because I have read them and seen the price to purchase them!
Nick has on hand and ready for immediate delivery (paid members just ask!) several ebooks that will help you (enormously) with trading and they are free upon purchasing any one of his three outstanding trading systems. I know because not only am I registered, I have Nicks S&P trading system and also the ebooks which I have read except for one of them which I will begin reading in the next two weeks (projected finish time of the ebook I am reading now by Mr Livermoore, although I cant bear to finish it because it is simply brilliant!) when you read it you will know what I mean!!!
.
This is a special little gift from Nick for those that read this far…get one of Nicks trading ebook gems (and they do work…I trade them myself) and you will get for free, several ebooks (and also reductions on the prices of Nicks other systems…if when you purchase you just ask for a discount on the other two of Nicks systems, tell them that Alan from LayTheOdds sent you and not only do I get a little gift in return but you also get a bigger discount – A win win situation which helps all!
if you don’t then no one wins!!!! This is not made public on Nicks website and it is not made public on the main front site of LayTheOdds but is available to all registered purchasers of one of his systems. All you need to do is email Nick and ask!!! Many will never read this far but for those that do and purchase the rewards are overwhelming…its called a win win situation!)
Right now I am reading the second ebook Nick kindly sent me and I have to say I love it and it does indeed prove correct…Mr Livermoore was indeed a genius in his time and his techniques apply in the markets today!!!!
abishop @ 12:53 pm
After being in touch with Nick over the weekend (author and trader of the S&P 500 System) as I am due to begin paper trading one of his systems, I have been most fortunate to be granted access to publish a few testimonials with their actual email addresses. I honestly did not think I would be lucky enough to be allowed to put up clients email addressess but they have given their permission to do so.
What does that mean for you?
It means that on my behalf, you have been given permission to contact them and ask them about Nick’s systems before you try. Naturally, it goes without saying, please only contact Nick’s clients if you are serious about getting one or all of the trading systems. No-one wants to be bombarded with emails from people they do not know so please be respectful and curtious. These members are giving their permission because they know the trading system they use does work and they are happy to let other people know. So again, please be polite and curtious should you email these people.
Below are two genuine clients who actively use Nick’s systems. You have permission to contact them.
From: mick55@gmx.es [mailto:mick55@gmx.es]
Sent: Friday, March 12, 2010 9:13 AM
To: nick@marketsmastered.com
Cc: max@marketsmastered.com
Subject: Good Morning
Hello ~ just a quick note to thank you for the additional ebooks you sent me at the beginning of the month.I have now finished them all. great read, all of them. I have a list of other trading books I can send you if you want – although you probably already have them !
I have searched the internet for a decent system to trade part-time and I am glad to report that your evening sysytem has hit the mark. I have finished the paper tradng part and now I am on £1 per pip. After previous disasters with other systems my IG Index trading account had only £330 left in it, but I have had a steady increase over the past few weeks and I am now over £500 ! I am so pleased. I know you have told me this before, but when can I go onto £2 per pip ? I am very keen to get this account back to the £2000 I once had in it. My wife still thinks there is loads in it !
I am glad I was recommended to your site (by Andy) and I hope you have a
nice weekend.
I will wait for your reply.
Kind regards
Mick
From: trev2010@boats4u.com [mailto:trev2010@boats4u.com]
Sent: Friday, March 12, 2010 10:14 AM
To: nick@marketsmastered.com
Subject: trading system
Good morning Nic,
‘Big’ thank you for your evening system that I bought in January. What a
simple system!! It is working well, my trading account is now increasing
and your customer service and email helpline is great. Happy for you to use
this on your website feedback page.
My dream of fulltime trading is getting nearer – so very happy.
Cheers,
Trevor.