If you're reading this review then you probably saw the 5 Point Star Trader System infomercial on television
or you attended a free Star Trading seminar in your local area. Before you spend your money, I suggest
you read this.
Having been fascinated by the stock market for many years. I've made it my business to review stock market and business
programs and evaluate them. I recently did this with the 5 Point Star Trader System.
It's a fact that the people who are looking at the 5 Point Star Trader System are beginner to intermediate traders
that want to work from home and supplement their income. Star Trader has targeted this group with simplified stock-picking
software.
The idea that your computer will beep buy and sell signals without providing proper information and rules is called "black
box trading." Black box trading has a long history of implosion.
One of the most troubling things about the Star Trader System is it has no documented track record. For this
reason I contacted the company and asked for one. I was told that Trend Trading to Win is only a tool, an educational
product to help with the decision-making process. "Why then are they demonstrating this system as a way for people to create
financial freedom, I asked. That's when the sales rep went very quiet. "What about the people who are depending on this
system to quit their jobs or supplement their retirement income?" Again there was silence...
To be fair, the Star Trader system is based on sound technical indicators that have been used for many years.
Moving averages, converging lines and indicators are common place. The only difference is that systems like this must be used
with other indicators and even then, a strict risk management regimen must be followed.
5 Point Star Trader System is shown as an oversimplified piece of software that magically tells its user when
to buy and when to sell. I canvassed all the popular stock-picking forums to see if I could find someone that was having good
results with this TTW system.
Out of twenty-four replies, ten seemed valid. Of the ten, three had sold their package at auction, four
had never loaded the program, one was waiting for a reply from customer service and two had made less than $1100
on trades, but lost on many others.
After examining and testing hundreds of money-making opportunities and work
at home programs, ONLY ONE brought in a paycheck that covered all my monthly expenses.
Click here to go to this website.