Great feedback… just a few points to clarify.

1. I know plenty of serious traders who put their money in managed funds and to be clear, I’m talking about small boutque funds investing in emerging economies not your average funds that are pegged to market indices. These funds are typically open only to sophistacated investors.

2. The Ultimate Trading Systems 2.0 was never meant to be the be all and end all of trading manuals… it’s a stepping stone to ensure my clients start off on the right foot. I agree successful trading takes years to master.

3. You effectively said you can consistently make 200% p.a. easily. I’d like to see the metrics on such a system. I’m sure the drawdown would be beyond most peoples comfort zones and the # of trades would require you to trade it would be full time.

That said, everyone has their own methods – I say if it’s working for you, stick with it!

Your trading coach,

David Jenyns

Anybody who is a serious trader would never put his money in a managed fund. I’ve read your ultimate trading system which I thought was good information for amateur traders looking to start trading, however if one is to become a serious trader and make a living at it you have to do constant research for sound stocks on the move. I disagree with you regarding the size of a trading account. One can easily make a $150,000 a year with a $50,000 dollar account, once he masters his trading skills. I am currently making 10,000 a month on a $30,000 account. Of course I trade on NYSE and Nasdaq. But to give you the benefit of the doubt I imagine you would need alot more if your trading on the Australia Exchange where the Volatility is a lot less.