Created by Ian Williams, Index Wizard Trading System is a method of Forex trading that can allegedly provide users with a solid income. It is being offered at the moment by Streetwise Publications.
What is the product?
If you buy into Streetwise Publications sales pitch (something that I would always do with a healthy pinch of salt) then Index Wizard Trading System will unlock the same trading methods used by an “eccentric (but scarily successful) trading genius”. This is none other than the creator of Index Wizard Trading System, Ian Williams. As a product there are 4 main elements to Index Wizard Trading System. These are a hard copy of Ian Williams’ methods, a piece of software that automatically trades for you on the same principles, video updates from Ian Williams as well as support from the creator himself.
In terms of what it entails, as you would guess from the name, Index Wizard Trading System is predominantly involved with trading on indexes, to be specific the 5 main ones in the West. These are the FTSE100, Dow Jones, NASDAQ, the S&P 500 as well as the German Dax. Despite this seemingly rather complicated central theme, Index Wizard Trading System is being sold as able to work for anybody and given how disparaging Ian Williams is about considering things that are usually important to traders like global economics or how certain companies are doing, you may be better off with no real experience in trading.
So what is at the core of Index Wizard Trading System if these traditional methods don’t work?
According to Ian Williams and Index Wizard Trading System, indexes follow the same patterns each year. Not surprisingly there is no real evidence supplied to back this up.
What is the investment vs. the rate of return?
Streetwise Publications say that Index Wizard Trading System is currently being offered at a special price of “just” £97 per month. This is somehow better value than an upfront cost of £995 which is how much Index Wizard Trading System used to cost. Being a subscription based product I’m not all too surprised to see that Streetwise Publications don’t seem to be offering any money back guarantee, simply referring to a 30 day test run (presumably just paying for one month).
In terms of the income potential for Index Wizard Trading System, the service has allegedly made £47,740 to £5 stakes.
Does the product provide value for money?
At £97 per month for a Forex trading strategy with no real evidence to back it up, I simply don’t see there being any value in Index Wizard Trading System what so ever.
It is the usual Streetwise Publications fare with Index Wizard Trading System, namely lots of promises about how much you can make and how easy it is, all with no real evidence to back this up. The fact is that whilst there are patterns of sorts to markets, they aren’t anywhere near the crystal ball like levels claimed by Streetwise Publications.
This wouldn’t be so bad if Index Wizard Trading System wasn’t commanding such a high premium but the fact is that this is one of the more expensive Forex systems I have looked at and frankly, it is some way from the best.