|
PureBytes Links
Trading Reference Links
|
A friend recently received an offer on a day trading system called The
Supreme Order, published by Xavier Enterprises, and promoted by a Virgil J.
Dasilva.
Dasilva guarantees his system will work in any time frame and will, 100% of
the time, identify the exact point of origination of all turning points of
whatever market(s) are traded, (he does not mention when this turning point
is determined, before or after a trade!).
The program cost $3750 with 10% payable now, and you are to tell the
promoter what market(s) will be traded and you paper trade for four months
to prove the system works. If, under the system's guidelines, a profit is
made in this four month period, you owe the remainder and you have another
four months to pay, which presumably can be paid out of trading profits.
He states that his record is 9 wins with 12 trades (what about the 100%
guarantee?) in one year with only $1600 in drawdowns and he was able to turn
$5000 into $51,600.
Just sounds somewhat "unbelievable" to me. Has anyone ever heard of this
guy and had any experience with him?
Your comments would be appreciated.
Good trading,
John
|