These are the winning forex systems that we have tested over an extended period and found to consistently generate a profit.

We use all these services ourselves and we will regularly update results to ensure a continued place on our approved list is merited.

Jason Bond Picks

Jason Bond Picks – Final Review

Jason Bond Picks is a stock market advisory service that offers up live picks plus videos, advice and a live chat room.

At the outset of our review, we tried to follow the picks and buy and sell as Jason did.

However, the problem is that by the time you have received the pick, the price has nearly always changed and you cannot get the same price as Jason did.

That is the case in both buying and selling the stock, so you are missing out on value on both sides.

In short, it didn’t really work following the picks.

You can view full results here.

Whilst Jason made 245% profit, we made just 25%, which once you take the costs of dealing into account, doesn’t leave you with much. 

Anyway, Jason doesn’t advise just following his stocks blindly, so that is probably not the way to go.

Included in the subscription package is also advice and training on looking for patterns and indicators to trade like Jason does.

However, having looked at this we didn’t feel there was anything particularly outstanding or foolproof there that would guarantee making you the kinds of money Jason talks about.

There are some useful training aids and videos, plus spending time in the chat room is a good way to pick up ideas and learn from other traders.

Overall as part of the package we feel you will probably improve as a trader, but ultimately here at Honest Betting Reviews we have to judge systems by their results.

And we just didn’t feel the results were quite good enough, once trading and subscription costs are taken into account, to justify a recommended rating.

So it’s a neutral rating for Jason Bond Picks for us – a lot of marketing here but sadly we didn’t find it worked to follow Jason’s picks.

OVERALL VERDICT: NEUTRAL

 

 

 

 

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Jason Bond Picks – Results Update

7th July 2016

OK so after following Jason Bond’s stock picks for about six weeks, we have come to a realisation. 

And that realisation is that basically there is no point trying to copy his picks!

Whilst Jason is 245% up since we started following his picks at the end of May, we are only 25%.

You can view full results here.

Once you have taken trade costs into account, it is barely worth it. 

Plus we have had to be right on the button to achieve that, if you had been a bit slower you probably would have made even less.

It is very frustrating to see Jason boasting about all these profits he is making whilst you can’t match his trades.

But in any event, Jason advises against mirroring his trades and rather sees his service as a learning process.

So for the remainder of this review we will look at what we can learn and whether the lessons are worth the (rather considerable) subscription fees…

In the meantime, if anyone knows of a stockmarket service that actually sends out genuine stock tips that you are meant to copy, please let us know!

 

 

 

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Jason Bond Picks – Results Update

6th June 2016

Firstly our apologies for the late update on Jason Bond Picks. With a few other things going on around the site we were delayed in getting going.

We are now off and running though and happy to give you our first thoughts. 

The overall news is good. 

Jason’s picks – which are sent out by e-mail – have so far made 54% profit for him, netting him a cool $23,555 in profit.

You can view full results here.

However, there are three fairly important things to be aware of when looking at the results. 

Firstly, you will struggle to match Jason’s results exactly. By the time his picks have been sent out, the prices tend to have changed quite a bit, losing some of the value he has secured.

So as you will see from the right side of the results spreadsheet, our results haven’t been quite as impressive as Jason’s.

As you can see, whilst he is 54% up, we are 22% up so far.

That is still very good and six of the eight trades to date have been winners, with one effectively being a scratch trade.

Secondly, Jason is trading in very large amounts, so the fact that he is over $23,000 in profit so far is partly due to the fact that he is buying in chunks of $30,000 – $50,000 for each trade. 

You may not (and I have to say I am not able to!) match those kinds of stakes. But just set yourself what is realistic and you can still make a healthy profit based on what we have seen so far.

Finally, if you are based outside the US it is worth bearing in mind that Jason’s picks are all US stocks, some of which may not be easily be available to buy via all stockbrokers in other countries.

We use Hargreaves Lansdown for our trades, who are a UK-based broker and are very good for US stocks. So far we have been able to buy all but one of the stocks through them. 

For those that aren’t available through stockbrokers, there are always spread betting companies like IG Index and FXTM who also cover US stocks.

So you should be able to follow the vast majority of the trades if you are outside the US, but just be aware you may miss one of two.

Now of course Jason Bond Picks is about more than just Jason’s trades – there are a number of other interesting features to the site. 

There is a live chat room where you can pick up strategies and tips from expert stock traders, plus have a gas with other share enthusiasts. 

There is also a penny stocks 101 section, which is a step-by-step guide to trading penny stocks.

In addition, there are also helpful video lessons on the site and plenty of other useful info.

One other thing to note, apparently Jason is heading to LA in the middle of the month to deliver a NEW Porsche 911 Targa to a client, who at the young age of 25, is now a millionaire with $1,000,000+ in trading profits (audited) since joining Jason Bond Picks just 2 years ago.

Apparently the guy started out with less than $50,000 and is now a millionaire from following Jason Bond Picks.

Now we can’t obviously verify this one way or the other but would be pretty amazing if true!

Anyway, so far we are impressed with Jason Bond Picks and are quite excited by the profit building potential of the service.

We will be back soon with more updates.

 

 

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Jason Bond Picks – New Review

18th March 2016

When we started this site, we had intended to cover both betting systems and financial trading systems. 

However, to date we must say that the vast majority have been betting systems. This is our own preference and they tend to be a little less time consuming to review.

There are lots of good potential financial trading strategies out there too though.

And to be honest, if something makes money then we don’t really care if it’s based on sport, games, casinos, financial markets or whatever else people may bet on – the most important thing is that it makes money!

So to correct the imbalance we have had on the site to date we are intending to do some more reviews of financial and forex systems.

First up is Jason Bond Picks (no relation to James we understand), a guy who focuses on winning small cap swing trades.

We have heard good things about this site from other stockmarket traders, so thought it would be a good place to start.

Jason is a professional trader and teaches people to trade stocks. He has apparently made over $500,000 in trading profits since the inception of his site.

He has a verified record of profits in the last few years of:

2015: 188% profit

2014: 31% profit

2013: 78% profit

So pretty good records, although it is not clear where these figures have been verified.

Anyway, there are potentially two options for trading with Jason.

  1. One is the day trading option, for supposedly “greedy, trigger happy traders” (sound familiar anyone?) who need profitable intraday trades.
  2. Then there is the swing trading option, which is designed to make money without being chained to your computer all day. There are apparently an average of 3 swing trades per week with a hold time of 1-4 days. 

We will be focusing on the latter of these two, whilst keeping an eye on the first one.

So, with our first foray into financial trading for a while, let’s hope we are in safe hands with Jason Bond – and end up not too shaken, or stirred (sorry, couldn’t resist a Bond-related pun)…

Back soon with our first update on how things are going.

In the meantime, you can check out Jason Bond Picks here. 

 

 

consisent fx trades pic

Consistent Forex Trades – Final Review

We have reached the end of our three month trial of Consistent Forex Trades and here are the final results:

 

Profit/Loss:   -286 pips 
Strike Rate:  38%
Bank Growth:   -19%
Cost:  £1 for first month then £99.99/month
ROI:  -3%
Average number of signals:   1 per day
VERDICT:   FAILED
Rating: 

 

You can view full results here.

 

Consistent Forex Trades – Full Review

 

We recently decided to expand our range here at Honest Betting Reviews and start looking at some forex and stockmarket systems in an attempt to find some money-making strategies.

So we started a trial of Consistent Forex Trades back in March and have just come to the end of our three month trial.

What are our findings then? Have we uncovered a forex trading gem?

Well sadly that doesn’t seem to be the case.

After three months we have finished 286 pips down, which when you add in the subscriptions costs of £100 + tax per month (following the first month at £1) then it has been quite an expensive trial.

What’s more, we have received no signals since 17th June, so well over two weeks which is a little strange and frustrating when you are paying over £100 per month to receive them.

We should stress that we were just trading the weekly “set and forget” signals and not the intraday signals. 

So all in all we have to give this a FAILED rating and to move on elsewhere.

Consistent Forex Trades Profit Graph

As you can see from the graph above, things were badly in the minus for most of the trial before making a recovery at the end.

 

Service Breakdown

Ease of use: The service is fairly straightforward to use, with signals sent out on a Sunday and then you can just set up the trades and forget about them. Simples!

Availability of prices: The recommended prices were generally always available or a tick or two either way.

Strike rate: The strike rate for the trial was 38%, which is well below the advertised 75% success rate.

Advised Betting Bank: No betting bank was advised, but we used a 1500 pip bank for the trial which seemed sufficient at the outset but did get threatened when we were 1200 pips down at one stage.  

Subscription costs: The subscription costs are quite high at £1 for the first month then £99.99 per month.

 

OVERALL VERDICT: FAILED

We had fairly high hopes coming into our trial of Consistent Forex Trades. 

They had been averaging over 400 pips per month prior to our trial, which is pretty impressive stuff.

But sadly as we see so many times, that kind of performance wasn’t achieved during our live trial and in fact a loss of 286 pips was recorded.

Whilst that was not a huge loss in itself, when coupled with the high subscription costs of £100 + taxes per month, we felt this wasn’t a service we could continue following.

So it is unfortunately a FAILED rating for Consistent Forex Trades and on to the next system…

 

 

 

 

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Consistent Forex Trades – Results Update

22nd May 2016

Things have continued to be a bit of a struggle for Consistent Forex Trades, who have lost a further 106 pips since our last update to sit at 479 pips down for the trial as a whole.

You can view full results here.

These results are for the set and forget trades, which are sent out on Sunday and then you can just put the orders in on your account and sit back and see what happens.

Sadly so far things during our trial haven’t matched the results coming into it, so hopefully things will pick over the remainder of the trial.

Back soon with further updates.

 

 

 

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Consistent Forex Trades – Results Update

26th April 2016

It’s been a tough start to our trial of Consistent Forex Trades, a forex signals service from a guy called Roger Elliot.

The service has two different types of signal – intraday signals that are designed to be primarily traded each day, and the weekly “set and forget” signals that are sent out on Sunday and set up for the week, then you can just forget about them. 

We have just been following the “set and forget” signals for reasons of time constraints and these are 373 pips down so far after just under one month.

You can view full results here.

We understand the intraday signals are 328 pips down, so it has been a disappointing start for Consistent Forex Trades overall.

However, it is still early days and plenty of time to turn things around, so let’s hope for an improvement from the service soon.

 

 

 

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Consistent Forex Trades – New Review

28th March 2016

Today we are starting a new trial of a forex signals service called Consistent Forex Trades.

What I initially liked about this service was the lack of over-hyped sales nonsense that you see with so many forex and trading services.

It just explains straight up what the service is and what it is not.

So no scammy and annoying videos and attempted up-selling, just an explanation that you are provided with weekly forex and equity price reaction trading levels and signals.

The service is run by a guy called Roger Elliot and there are basically three parts to it:

  1. The Pullback – this is where Roger expects a price to pull back to a certain level, then move off in the original direction it was going in before the pullback. You need to wait for the price to reach the pullback level before executing the trade.
  2. The Direction – this is when Roger sees the price moving in one predominant direction for the week and trades are normally on a 1:1 ratio in terms of risk to reward.
  3. Set and Forget – Roger will provide selections on a Sunday and you just input the orders and forget about them – until they have either won or lost. Simples!

So plenty of options there for you to play around with depending on your preferences for trading.

We will focus on the set and forget signals as those will be the most straightforward to monitor and where there should be no ambiguity in terms of the results.

Consistent Forex Trades

With the other ones, there will be a degree of personal judgement as to where to enter and exit trades so two people could get quite different results. 

You can get a 4 week trial for just £1, which is a very good way to see which of the methods is best for you.

Apparently the signals have a 75% success record, which is very impressive.

In the 10 months it has been running, the service claims to have made just under 4,000 pips profit, which is just under 400 pips per month. Not bad at all, even if you are just trading at £1 per pip.

So hopefully the trades will continue to achieve consistency and deliver decent profits over the trial.

Back soon with our first update on how things are progressing.

In the meantime, you can check out Consistent Forex Trades here. 

123 Signals Pip Graph

123 Free Signals – 10 month update

Last year we reviewed our first forex service here at Honest Betting Reviews in the form of 123 Free Signals.

Prior to our review, they had amassed a very impressive record of 11 straight winning months and over 4500 pips profit. 

However, during the period of our trial they experimented with a new selection method for the signals, which unfortunately didn’t turn out too well and resulted in a loss of 190 pips.

Towards the end of the trial they went back to the previous method and that seemed to return them to the form of old.

We pledged to keep tracking the results after the end of our trial and see if things improved for them.

Well we are pleased to report that things certainly did pick up. 

Here are the monthly results since our trial finished in May last year:

  • June: +290 pips
  • July: +210 pips
  • August: +600 pips 
  • September: +660 pips
  • October: +300 pips
  • November: +350 pips
  • December: -370 pips:
  • TOTAL: +2040 pips

So as you can see, things have really improved for 123 Free Signals and they have amassed over 2000 pips profit since our trial ended.

That means having proofed their signals for a period of over a year, they have made a total of 1850 pips profit.

On that basis, we are happy to upgrade 123 Free Signals to an Approved rating from the previous neutral rating. 

A highly recommended service.

Out of interest, if you are looking to develop your forex trading, we can recommend the broker Forex Time,  which we use ourselves for our forex trades.

As an introductory offer you can get a 200% cashback rebate for opening a new account. So that means for 30 days you will get $2 for every lot you trade.

They are a top quality broker with tights spreads and a wide range of markets, so well worth checking out.

 

 

 

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Was it as Easy as 123 for this Forex Service?

21st May 2015

You can get 123 Free Signals here

Profit/loss:-190 pips
Strike rate:43%
Bank Growth:-7.6%
Cost:FREE
ROI:-2%
Average number of picks:5 per week
VERDICTNEUTRAL   

You can view full results here.

 

123 Free Signals Final Review

It’s been a slightly disappointing trial for 123 Free Signals here at Honest Betting Reviews. Coming into our trial they had enjoyed 11 straight winning months and had racked up over 4500 pips profit.

As seems to be the case so often however, once we got the trial underway things took a turn for the worse and the trial finished 190 pips down in the end. 

That is no big loss but is a long way from the 400+ pips a month profit they were averaging before our trial.

Significantly, there was a major change in approach early on in the trial, which then got changed back again when things weren’t going so well!

In April they sent an e-mail saying that up until recently they had been receiving signals from a group who would provide them with 3-4 trade ideas every Monday morning and they would then base their signals on these ideas, which worked well and gave consistent profits and very few stop losses were hit.

But then this group offered live signals with precise entry points and the 123 Free Signals service decided to go with those live signals, even though they acknowledged these live signals were not as profitable as the weekend advice.

Anyway at the end of April they decided to go back to providing signals based on the weekend advice, saying “You will get less signals, only 3-5 per week, most will arrive on Monday or Tuesday and we will have less SL and get back to similar results from previous months.”

We have only had a couple of weeks of going back to the old system so it is too early to tell if they can return to previous form. 

Although they had a disappointing trial for us, based on past results I think it is worth continuing to monitor their performance to see if there is an improvement now they have gone back to the old method.

Here are the results for the trial in graph form:

123 Free Signals Profit Graph

Service Breakdown

Ease of use: Fair – at the start of the trial it was very much a “set and forget” strategy that required little time, but as it evolved you would get advices at different times of day to move entry points and stop losses etc, meaning you would need access to the markets at all times during the day. However, reverting back to the old system has meant it is closer to a “set and forget” strategy once again.

Availability of prices: Good. I was generally able to obtain the advised prices, sometimes they are different but this evens out over time – sometimes you are better off the price has moved and sometimes worse.

Strike rate: The strike rate for the trial was 43%, which is a little on the low side for a service such as this where most of the trades are essentially even money bets. I would expect they would need over 50% winning trades to make a profit long-term.

Advised Betting Bank: There was no advised bank for the service but I used a 2500 bank at £1 per pip. This was never in danger and I finished the trial just over 7% down on my bank, so no harm done really.

Subscription costs: The really good bit – free! 🙂 Although you do have to sign up with one of four recommended brokers and deposit at least $200 or equivalent.

And when you do sign up, get ready for the barrage of annoying sales-y phone calls from the brokers – argh man why don’t they just leave you alone! 

OVERALL VERDICT: NEUTRAL  

I am giving this a neutral verdict because 190 pips down or 7% of the bank lost is no disaster and I do think the change of system mid way through has potentially hurt them.

I think it is worth continuing to monitor the service based on previous results and see if they can revert to previous form now they have gone back to the old system. 

In the meantime you can check out 123 Free Signals here.

binary forex signals

Binary Forex Signals – New Review

You can check out Binary Forex Signals here

Today we are commencing a review of Binary Forex Signals, which as the name suggests provides signals for trading binaries.

It boasts a good record over the last couple of years which is encouraging. 

The service seems very simple to follow, with signals sent out on a Friday and Monday and you can literally just click on the link in their e-mails to take you to page to trade. So you don’t need any prior knowledge of trading binaries to be able to operate this service.

I am new to binary trading myself so this will be something of an education, but it has a positive record so if it makes money, I don’t really mind what the particular market is!

Anyway, we will follow this for three months and see if it can keep up its previous positive record.

You can check out Binary Forex Signals here

123 Signals Pip Graph

123 Free signals – New Review

You can sign up for 123 Free Signals here.

Well today we will be commencing our review of 123 free signals, a forex service that sends out signals across a range of forex markets.

What that means, if you are not familiar with the forex markets, is that they will send out a recommendation to buy or sell a particular foreign exchange market at a certain price, with fixed stop loss (to fix your potential losses) and target price levels (to set the amount of profit you could get if it goes right).

So for example, here was today’s signal sent out at 7.14 this morning:

SELL USDJPY 118.85 – 118.90
STOP 119.45 PROFIT 118.05

They send out updates to close trades sometimes, so not all trades will run to the target price or stop loss. You would need access to the markets during the day to close out these positions if you want to follow the recommendations exactly.

What we like about this particular service is that it is free (clue is in the name!), although they do require you to sign up with a particular broker and deposit 200 GBP. However, we don’t see this as too much of a problem, most brokers are much of a muchness we find.

Published results on the site show 12 consecutive months of profit, recording over 800 pips on average per month.

Before that it proofed for 4 months to an independent website and also managed profit each month, so this seems to be a very promising service.

This has made a positive start this week so let’s see how they get on during our three month trial.

Updates to follow in due course.