Comments on: LS Trader Review

By: Pete W

Pete W — Sun, 05 Sep 2010 15:26:20 +0000

Agreed. I tried this service last year (2009). Initially it was profitable, but because the markets weren’t trending it turned around quite quickly & I exited and stopped the service at my break-even point. Fortunately I did as the results for the year show that they continued to lose 50% of the bank. If you catch a lucky year then it will make good profits, but you will need balls of steel to hang in there while your bank is evaporating. Plus the price (£147 per month) is so expensive that you will need a significant amount of capital to cover the subscription. If you want to trend follow (which this does) then read up on the Turtle method and save yourself the exorbitant subscription.

By: Anil Varughese

Anil Varughese — Thu, 29 Jul 2010 14:44:49 +0000

LS trader is a cheat. I lost all my money with their system.

By: jeff

jeff — Sun, 11 Jul 2010 16:48:00 +0000

Joined last Feb, lost heavily to the point where decided it had to turn around and little more to lose – sadly the markets disagreed and trends of the sort LS needs are not happening and is running below break even. Beware the sizing algorithm as samller accounts are loaded with up to 4% per bet to meet minimum bet sizes, I fell foul of it upping the percentage as my account fell (naive I know but I followed it) That made losses worse.
So over 18 months this has been a failure.
I’d carry on but the cost is too high.

By: sid

sid — Sat, 12 Jun 2010 05:20:23 +0000

i tried this last year and lost around 50% of my pot within a year.
ls trader is ok when markets are trending as over the last year this as not been the case and this type of system suffers i would say this year is going the same way.
with regard the 30 day money back this not enough time should be 2-3 months.
i agree £147 is very expensive it is ok when you are making constant profits when you are losing it adds to the problem.