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F.A.Q.'s

FAQ's

Q: How much of my trading portfolio do I stake on a trade?

A: You place 15-20% of the overall pot...

You should not have more than 3-4 positions open at any one time; I would not open a the 4th or 5th unless at least 2 of the 3-4 positions that were running was due to close out for a profit (for certain) in the next session or two.

You should not use up all you pot for trading, as you should not have more than 3-4 trades open at any one time.

e.g. If you have a £10,000 pot, then you should place £1,500-£2,000 on each trade.

Then on the next trade, I still place 15-20% of overall pot, not the remaining pot.

I.e. I do not place 15-20% of the remaining £8000-£8,500. I would still place, £1,500-£2,000. So in essence, I have enough in my portfolio to place 5-6 trades.

Q; Are SMS alerts available for Elite members?

A: Yes.
You simply log into your Elite membership area, and select the ‘Membership Type’ dropdown and go for Elite SMS Messaging.

The ‘Payment Type’ will be PayPal, so select that, and follow the instructions from there. It could not be easier.

Q: What is the ‘Tweaking’ facility about on the betonmarkets website?

A: The 'Tweak' was my idea, but BOM are asking too high a price for receiving extra leverage right now.

It is not worth it, as sometimes it costs much more than you are expected to win back, in order to receive more leverage.

It would help, if you were trading with thousands and you wanted to save a lot of the stake. I.e. paying another 2-3k to potentially save 10k. However, you may actually lose on the overall trade itself.

It needs to give you the same expiry date as the one you have already set, but it extends the timeframe.

It may change in the meantime, so if you can move your barriers quite a distance and keep the ‘expiry date’ the same and are happy with the extra price BOM ask, then fine – Go for it!

The overall system itself does in fact need to be tweaked;-)

Actually, you may think I am lying, but as I write I have just received an email from Jean-Yve (BOM boss) and he has said that you can keep the expiry date the same when you go to ‘tweak’ a trade. Therefore, if you can keep that the same and just move the barriers, it may be worth a thought. However, as you will learn, there is never much need to worry about trades going wrong with the Elite program. Just make sure you are not paying too much, if you are indeed on tweaking

Q: Why do you put ‘No Subject’ in the subject line of the alerts?

A: When I used to send an alert with the subject line Trade ’or‘ New active trade etc, Yahoo, Hotmail and AOL were filtering some of the emails.

With a ‘no subject’ subject heading it is more ISP friendly, and less chance of it getting pushed to spam, or in Cyber Space Hell.

Q: What does your Beginners course offer?

A: This is an online course. No physical products are sent out. You get an email after purchase, which will contain your login details. You then use these (username and password) by logging in at: www.fixedoddssuccess.com.

You will then see the link for the Beginners Course in the top left-hand corner. All items are in the beginner’s members area ready for download.

You get a Power-Point presentation, for which you may need an up-to date version of Microsoft office. You can usually download these for free, if you Google them,

You also get my Rich-Guide to Fixed Odds, the updated version. That in itself is worth mega money.

Finally, an hour-long audio, where I walk you through trades, selling them and some chart work, where I show you what to look for in spotting some little gems of opportunities. I teach you to fish in a small way to begin.

You also have my support, as I am there to answer all queries you have for the course. Around the clock support!

Q: Do I get your ‘Elite’ trades if I buy the course?

A: No, You my trades that I place each week, only if you subscribe to the Elite service.

You get a 14-day trial for the quarterly subscription and a 21-day trial for the annual subscription.

You sign up, and if at any time during the free trial, you feel this is not for you and you may not make as much as you thought (hardly see why) then just cancel via PayPal (Not through email) as it is an automated process, and then you will not be charged. Providing you cancel within the free trial period.

For every quarterly period (3 months) or annual (12 months) you will then be charged automatically. By then, you will be earning so much, you will not even notice, I tell you!

Q: What is the Profit Machine?

A: The PM is a Free sign-up on the homepage of: www.fixedoddssuccess.com

I regularly send out through this mail, hints tips and where my positions may be going to next. I do not name specific trades in the PM, but I do indicate at what markets look good and certain support/resistance levels that intrigue me. For services like this alone, I know of people charging high amounts, and with me – Matt $haw it is Free!

Q: What is the PB, otherwise known as the Profit box?

A: This is an updated version of the Profit Machine. The PB is something where sometimes I actually send my trades, and indicate more specifically, at what I am looking to trade.

It is more detailed, and I send some chart training now and then also. For the petty money per week, it is more than worth it, even for £100 per week!

Q: How many trades do you send out each week with the Elite service?

A: It can vary, but like the Q&A about staking, I try to gauge it so that there are not more than 4 trades open at any one time. Therefore, I send about 2 each week, usually one early week, then one later in the week.

Trades overlap obviously, but you will see a pattern develop after a while, and start predict when I am about to send one.

However, I have to go along with the markets, so some weeks there may not be any (not many of them) and others there may be 3-4 trades running. It all depends on how many are running and close to expiry.

On average between 7-11 a month are sent, with an average return of 31%.

Q: OK, so what is your strike rate?

A: I am pleased to say that is has improved over the past 12 months. It is now 85%, (around 6 out of 7 winners) with an average return on each trade of 31%.

You will soon realise how much can be made. If you lose a 100% stake on 1 trade, then have 6 winners in a row at 31% (186%), you can see that over a couple of months the extra gain will turn into massive compounded profits!

Q: How many accounts can I have with betonmarkets?

A: For now, it is just ONE account. Unless your Partner (or someone close) would like to open an account, then you can trade on it!

Q: Do you trade forex?

A: I have started back trading forex, and may have a system in place in 12 months time. I do now trade on the forex with Fixed Odds, and the £/$ trades that I send out, have really helped bump up the strike rate to what it is today – Quite incredible!

Q: What is your strategy Matt?

A: Without asking for payment to that question, or indeed going into too much detail, I will elaborate slightly.

I factor in enough of a markets rally or move, and then see how much more it can move the following week. The same for the downside, as the market can only fall for so long, just the same as rallying before it suns out of fuel.

I allow enough margin for error, as I know exactly how far the Indices and some currency pairs can move in 1-2 weeks, and in the same direction. When I price a trade, I see it going 1% against my favour, and then if I am still happy – I will trade it!

Q: How can your clients position themselves, so they are safer than you are?

A: Good question – But, this is exactly what I tell my clients to do. Well, the one’s that will listen anyway.

Now, when I send a trade, obviously, I have just priced this myself and I feel happy with it as it stands.

Now, I have a very high strike rate and with my funnel of checkpoints for potential trades, it has to be very good to pass these tests. So, if my clients can weed me out, and I mean use me as a fall guy, so that if there is a loss on that particular trade, it will be me losing.

I have done most of the hard work by analysing a possible ‘great trade’, so if my clients stretch it by a few points and take less of a percentage as a result, then they should not lose. They should not lose because when I do sometimes lose a trade, it is never by much. I hope you understand that.

It may only ever be by 1or 2 S&P points, or maybe 10 Dow points, or just a few ticks on the £/$.

Therefore, if my clients can weed this possibility out, by further altering my trades and going safer, they in fact cancel out the possibility of it actually losing totally.

Only would a freak, mega market move could make them then lose a trade, on some occasion where the market goes insane for a week. Which thankfully does not happen that often, but even then, we may be on the right side of it especially if I analysed the trade in the first place, right?

Just remember, you are only in a trade for 9-10 days tops, so anything that is due to go insane, could well be when we are out of the market, so we can actually price it in for the next one – You see, a lot of things you thought were bad, are actually in our favour.

Q: Can I contact you Matt?

A: Yes, email me on fixedoddstrader [AT] aol.com or
matt [AT] fixedoddssuccess.com

If you really need to speak urgently, then please email me privately, so I can email you my landline.

Q: How much did you start trading with?

A: I started trading with £1,700 in 2002.

Profits were in the region of £150 per trade.

Q: How much do you trade with now?

A: Check out the Big Winners board at: www.betonmarkets.co.uk to get an idea!

You will see ‘Matthew’ on there somewhere

Q. Why does betonmarkets allow this service?

A. BOM love it, they know that a lot of people introduced to the site, will end up going their own way and losing a bundle. Which I do not recommend. However, some do, because they get greedy. Also, BOM need publicity. They have such a mass of losers all over the world (mainly Asia) and the wins that we rack up, do not begin to touch on what BOM make. BOM like to make it known that they are also paying out to winners, it is good for business! They actually encourage my service.

Q. What if I am late getting in on a trade?

A. It all depends on how late you are. Most of my trades are fine to place the next day, and if the market has moved significantly, then you can still change the levels to suit. I would only say to leave a trade, if you are several days late, or trying to get in the following week.

Q. Does the return fluctuate as to how many clients place a trade?

A. Yes, but only by a very small margin. If all my clients place a specific trade, at the same time, (which does not happen often) then the return may be lower by a few %. On a 30%+ trade, this does not make much difference.

Q. Do you place most of these trades yourself Matt?

A. Most of them yes. It all depends on how much money is tied up on other trades.

Q. How much time do I get to place the trades?

A. I send the trades around the middle of the session. You always get around a few hours to place, as trades are not usually that time sensitive. But as I said before, most trades are fine to place the following session. So you can do this before you head to work the next day (for Euro trades) or when you get home from work the following day (U.S./Forex trades). If you are self-employed, then obviously you can place at all times.

Q. Do you have a member’s forum?

A. Yes, I also upload training material (member’s area), check the forum and answer any outstanding questions. I will also be uploading more videos (real good training) from Summer 08. And of course, the monthly competitions will be resuming from July 08 onwards