I open this thread to pose a respectful question about vegas systems: How profitable are these systems in the long run. I dont mean over a month period. I mean over a period of one year and longer if possible. The reason I am having a few personal doubts about the profitabilty of these systems is that vegas (who I acknowledge is a nice man ) has had a system called "Passionate about Profits (PAP)" on collective2.com for over a year now (54 weeks) and been selling it for 150 dollars a month. Now no one knows exactly what is in the strategy he uses but it seems reasonable to assume the strategy will contain his best and most effective techniques as he is trying to profit from selling the approach. The results are that he made an annual profit of only 7.8 % profit even though he made 74 trades in 54 weeks. I could make 5% just by leaving my money in a 12 month bond at my local bank with no risk at all. So getting 7.8% is not impressive at all to be honest given the risk and the amount charged. So has anyone analysed how profitable the vegas systems are that are available on this board such as the VWB and the four hour tunnel etc? Any thoughtful analysis would be VERY welcome.
kind regards,
volvo
kind regards,
volvo