Truth about any system

[mucho69]

let me ask you a question? if you had something that is working for you, your own system, and lets say its making you about 20,000 a year. nothing crazy, but a nice return, Would you sell this system for a few hundred on the internet to everyone? I DONT THINK SO. nobody is that stupid . so when someone is selling something for a hundred and claiming to make thousands, lol, lol. and for anything selling for 20, well thats just a donation to the seller,
any business with a proven record will sell for what its making annualy or more
so if a store is making 40,000 a year, if it was sold, it would go for 40,000 or more,
if someone has a system with a track record making 20,000 a year or more, would realisticaly be worth that much or more

[kelo]

I am totally not agree with your assumptions
your base your opinion on nothing
only if you test all those systems, and come here with the results
"The facts"
then you can come here and moan about it

Cheers

[mucho69]

im not moaning, and i am stating a fact

[Mad Frankie]

Well.. how much would a book like "the idiots guide to becoming a millionaire" sell for? :D

[TheBigHare]

if someone has a system with a track record making 20,000 a year or more, would realisticaly be worth that much or more

I suppose this depends on a number of factors. $20,000 a year is a nice return if your only trading a $10,000 account, buts its nothing if your trading a $1,000,000 account. Then you have to consider the risks you took to obtain that $20,000, a system with 15% drawdown is far more valuable than a system with 80% draw down

Many systems cant really be automated, I could probably give you my system, but without a few years experince, its absolutely worthless to you. I have a couple of automated systems that do well, but only if you know when and how to use them, if you run them 24/7 they'll just about break even.

I'm inclined to agree that a system retailing for $20 is probably a donation to the seller. Then again, there are some really great systems available for free. I suppose that $20 wont buy you a burger and fries where I live, but its a months salary for others, and some of those people will certainly have the skills and knowledge, but not necessarily the capital, to develop and trade realistic systems.

Personally, I dont think you can buy a system, its just all too personal, its something that you need to work out for yourself, and that takes time, not money.

[loud]

yes I agree you mucho69. But you forget one factor why authors are selling these books (some of them), like virtualsportscash, it's really good system second in my top3 and main reason why author is selling this system is because in virtual football are bet limits you can't make more than like 100 dollars per day, and you want more, what should he does? he sell them and earn 100 dollars more! There are other interesting factors but I think that you understand!

[Hyiptour(closed by request)]

let me ask you a question? if you had something that is working for you, your own system, and lets say its making you about 20,000 a year. nothing crazy, but a nice return, Would you sell this system for a few hundred on the internet to everyone? I DONT THINK SO. nobody is that stupid . so when someone is selling something for a hundred and claiming to make thousands, lol, lol. and for anything selling for 20, well thats just a donation to the seller,
any business with a proven record will sell for what its making annualy or more
so if a store is making 40,000 a year, if it was sold, it would go for 40,000 or more,
if someone has a system with a track record making 20,000 a year or more, would realisticaly be worth that much or more

Do you think they (authors) make nothing??? some make 6 figures just from one book . Why shouldn't he/she sell his/her own system which may not work the next year ??

[mucho69]

exactly my point, try to make money selling it, cause it aint worth shiit.