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Thursday, October 30, 2003
Q and A on ITS - The Intraday Trade System
Hello
everyone,
Thank you for your great interest on
Edmond Petitjean's ITS - Intraday Trade System
announced on Monday. We have received many inquiries on this new
approach to trading and its fantastic performance. Your
questions are answered in this newsletter by Edmond:
Q: Hi Edmond
I just received the e-mail from Izak about your trading system and would
like to know a little more about it. I do not have the previous one but am
interested in day trading.
Can this work on the "futures" or commodity markets? If so which ones would
be the best to trade? Does the same system work on all markets i.e.
grains and meats?
Thanks
A: You can use ITS on all markets
and time frames but it is more specifically designed for trading the
following intraday:
Indexes:
FTSE 100 Index - daily difference
Wall Street Index - daily difference
DAX 30 Index - daily difference
NASDAQ 100 Index - daily difference
S&P 500 Index - daily difference
FTSE 100 Index - intraday: Noon
Wall Street Index - intraday: 6pm (London)
...and also weekly time frame:
FTSE 100 Index - weekly close
Wall Street Index - weekly close
Stocks:
Anglo American
AstraZeneca
Aviva
Barclays
BHP Billiton
BP
British American Tobacco
British Gas
BSkyB
BT
Diageo
HBOS
HSBC
GlaxoSmithKline
Lloyds TSB
National Grid Transco
Prudential
Reckitt Benckiser
Rio Tinto
Royal Bank of Scotland
Shell
Standard Chartered
Tesco
Unilever
Vodafone
Currencies:
Spot FX levels - €/$, $/¥, £/$, $/SF, €/£
Greetings,
Edmond
Q: Edmond
I received the Let's Talk Winning newsletter in which a new system of yours
was mentioned.
I would be most grateful if you could post your trading slips showing the
profit for the period you mention in your advert.
Regards
A: I cannot give you any trading
slips as these were simulated trades, done by exactly following the rules of
ITS.
Please remember that you don't take ANY risk by purchasing ITS, because we
have a clear refund policy.
In fact your risk = zero when you first obtain ITS and then do 10 simulated
trades on the FTSE (without risking any real money).
You don't risk even $1 by purchasing ITS.
Greetings and good trading
Q: Hi Edmond,
Trading is a very complex subject driven by fear and greed, simulated trades
never represent real life trading. There is the question of time frames and
suiting ones own personal trading psychology, the subject is just vast and
successful trading will not come per se by just buying a system from the
shelf. It first need an examination of self followed by a search for what
suits the trader.
I think what you should do is trade your own system and then post the slips.
I invite you to look at the site run by Vince Stanzione – just search for
his name - he plasters his slips all over the place and result is he has
made himself very wealthy firstly by trading and secondly by a steady stream
of followers who are dedicated to learning the necessary skills required to
succeed.
Regards
A: What you tell is true
.......for normal trading.
But ITS is not about the classical way of trading.
It is completely mechanical. You could feed the rules to a computer and he
would generate exactly the same trades.
No room for interpretation, no room for psychology, no room for a personal
approach, no room for anything but a fixed set of rules to follow to the
letter.
This is NOT normal trading.
Greetings
Q: Edmond,
Having bought your RELAXED ROULETTE BETTING SYSTEM, which does good, I am
very curious about your ITS (Intra Day System).
Two and a half years ago I started a course in foreign currency trading, and
after two months, and four different courses costing almost US$4600.00, in
various trainings, I invested US$10,000.00 with a brokerage firm called FXCM
in New York. After one month, and having lost all, I invested a further US$2
000.00, also lost all. I was assured that the market would follow the rules
of the indictors as I was taught, by all my "training officers", even well
after 11 September 2003. I stupidly invested a further US$10,000.00,
believing the worst was now over and change was imminent. I was wrong!
With all due respect, your ITS really seems to good to be true..........no
insult meant.
A: I fully understand where you have been, because I have been there
myself more than once. In fact, that was the reason to develop my own
systems.
Q: With my past terrible trading
history, I have the following questions if you will kindly respond:
Q1.) What minimum bankroll will be needed, and currency of bankroll
[so I could set a budget]?
A1.) Even $1,000 is enough to
start.
Q2.) The brokerage firm you can
recommend, will they except above minimum bankroll?
A2.) No. Anything is OK.
Q3.) Is the free chart site sufficient for ITS?
A3.) More than sufficient.
The information you need is freely available all over the internet.
Q4.) Will the brokerage firm
except my credit card for payments...South Africa is very strict with
outward investments [high taxations]?
A4.) The accept debit cards or
simple money transfer via your bank.
Q5.) What will my total minimum start-up costs be, to effectively
start trading, in the currency as in Q1.) above, excluding cost of ITS
system?
A5.) The only thing you need to start is a very modest trading
capital (even $1000 is sufficient). You already have a PC and internet
access. That is all you need besides this small capital and the broker
I recommend.
Q6.) What commodity is traded
[i.e. FSTE100/S&P500/foreign currency)?
A6.) You can trade any market and
time frame and particularly the ones in the very first answer above (see
list of Indexes, Stocks and Currencies).
Expect exactly the same results for
currencies as for all other items that ITS is concentrating on: 70 to 100%
accuracy and total control over profit and loss without using any stop loss.
Q7.) What average daily time will
I need to spend at my computer to trade?
A7.) Never more than one hour.
Q8.) At what time will I have to be at my computer daily, to envisage
trading possibilities, [mornings/midday/evenings], your recommended times?
A8.) At the start of the trading
period of that day and that market.
Q9.) What line feed speed is needed for my computer?
A9.) ADSL is ideal but not at all
necessary. A standard 56K modem is fine.
Q10.) What minimum
hardware/software will my computer need to have?
A10.) A standard modest PC running
Windows 95/98/ME/XP, anything that can surf on the internet and is windows
compatible.
Q11.) I have CNBC & Bloomberg TV
channels, can this be an added bonus to use in your ITS system?
A11.) You don't need them. You
only need the internet.
Q: As stated above, I am very interested on purchasing this system if
answers to above questions satisfy my obvious concerns (remember the saying,
once bitten, twice shy).
A: ITS will be your best
investment ever. By purchasing ITS, you don't risk even $1 if you
first trade "on paper", because you get a full refund without discussion as
described in our refund policy below, if things do not work out as expected.
Thank you Edmond for kindly and promptly answering all inquiries.
ITS Stats: Practical results from end of March 2003 till beginning
of August 2003. This period generated 16 trades on the FTSE alone.
ALL trades made a profit.
That
means 100% accuracy. It is not always like that, but it is always above
70%. Following my recommendations concerning money management, you would
have made an overall profit of 112,000 £ when trading at 100 £/point
or 11,200 £ when trading at 10 £/point.
In order to get these results, the risk per trade was 3,000 £ for making
112,000 £ or 300 £ for making 11,200 £. The total capital needed for making
112,000 £ was only 48,000 £ and 4,800 £ for 11,200 £. This is what I call a
VERY healthy system.
The
price of this course is $2,000 and it's worth 100 times more.
It comes in the form of an e-book and is delivered to you the fastest way:
by email. The price includes unlimited support and assistance from the
author Edmond Petitjean, who, as you know, is very prompt in answering your
questions. You can reach Edmond by email at:
edmond.petitjean@skynet.be,
and he is always there and happy to help you with the use of the system or
replying to your inquiries.
Existing TTS
customers can purchase ITS with a rebate of $500. All you need to do
is to send $1,500 by PayPal to
webmaster@letstalkwinning.com
and specify that you own TTS and your previous purchase will be verified and
validated.
Also, if you don't
own TTS, you can purchase both TTS and ITS for $2500, saving $500.
Click
here to order.
NEW! You can now pay with PayPal, which accepts any mode of
payment. Click on the appropriate button below to access PayPal payment:
click
to purchase ITS at $2000
click
to
purchase ITS at $1500 if you own TTS
click
to purchase both ITS and TTS at $2500
Thank you,
Edmond Petitjean,
Izak Matatya
"Just as in TTS, you can
forget neural networks, forget a screen cluttered with lots of indicators,
forget the doubts arising when all these parameters contradict each other,
leaving you drowned in doubts and uneasiness, unable to take a clear
decision.
What is left now is a very limited set of unambiguous rules that are easy to
follow.
They can be applied to any market with the same efficiency and in the same
way, but contrary to TTS this method is designed more specifically for
trading indexes and currencies.
In that way trading becomes an enjoyable very low stress activity.
Imagine sitting before your computer, looking at a graph during one minute
and immediately knowing what to do or not to do.
A computer – although preferable – is even not absolutely necessary.
You could also visit some free websites that are offering interactive
graphs.
Now something to surprise you even more: you don’t need ANY indicator!
You’ll ONLY use the bar graphs themselves, without any additional
information. In that way you wouldn’t even have to keep a database of
commodities and stocks and you could log in from everywhere in the world.
Combine this with online trading and you would be free to trade and use the
system from wherever you are.
In the 47 ITS pages, we’ll go through every aspect of the ITS, so that
you’ll know perfectly how to apply the very simple but equally powerful
principles in your trading.
Lots of practical graphical examples from the real world will help to get
the hang of it."
Edmond
Click
here to order.
NEW! You can now pay with PayPal, which accepts any mode of
payment. Click on the appropriate button below to access PayPal payment:
click
to purchase ITS at $2000
click
to purchase ITS at $1500 if you own TTS
click
to purchase both ITS and TTS at $2500
Thank you,
Edmond Petitjean,
Izak Matatya
REFUND POLICY
ITS comes with a
clear and honest refund policy:
After buying this system, you take 10 following trades on the FTSE WITHOUT
skipping one and STRICTLY following the rules explained in this course.
You use 30 as a standard value for buying a contract.
You follow the principle of always risking 10% of your total trading capital
on each trade.
If – following these principles – you have an OVERALL loss over these 10
trades, you are refunded without discussion.
Wishing you all the best, Until
next week,
Izak
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