Stock Market

Roger Elliot’s Trade Copier – Final Review

We have reached the end of our trial of Roger Elliot’s Trade Copier and here are the final results:

 

Profit/loss   +130 pips
Strike Rate:   41%
Bank Growth:    13%
Cost:   £79 per month (plus £18 for trade copier)
Average number of trades:   2 per week
VERDICT:   NEUTRAL
Rating:

 

You can view full results here.

 

Roger Elliot’s Trade Copier – Full Review

 

Roger Elliot’s Trade Copier is a system for automatically copying the trades that Roger, a forex expert, makes himself.

Once you have set up the software, it operates by itself and you don’t need to do anything. So it suits busy people who don’t have time during the day to execute trades that are sent out by e-mail or text.

During our trial, it made 130 pips profit, which isn’t too bad but we felt not quite enough to warrant a recommended rating, when you consider the subscription costs are £79 per month, plus the trade copier costs £18 per month.

So you are talking just shy of £100 per month, which is quite a steep cost.

We always compliment anyone who makes a profit and that has been the case here, but as we say it just fell short of achieving a passed rating. If you are able to trade at high stakes, at say 5 pips per point, then it might be worthwhile. But we imagine for most people, at £1 or £2 per pip you would not have made the subscription costs back.  

There are a low number of trades, with just two per week during our trial, so this is a very careful approach to trading, which we can’t knock. 

It was a little complicated getting the trade copier set up and involved quite a few e-mails back and forth with the company involved, 4xSolutions.

Once it was set up though, it ran very smoothly and we think it is actually a great innovation. One of the big problems we encounter is that people struggle to match trading signals that are sent out quickly enough before they have moved. So this takes that worry out of the equation for you. 

 

OVERALL VERDICT: NEUTRAL

Roger Elliot’s Trade Copier is an innovative approach to forex trading, allowing busy people to copy the exact trades that Roger takes using automated software.

It made 130 pips profit during our trial, which is good but fell just short of a recommended rating. With subscription costs of nearly £100 per month, you would need to trade at quite high levels to cover those costs.

If you are able to do so, then it may be worth having a go. 

 

 

 

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Roger Elliot’s Trade Copier – Results Update

23rd September 2016

It’s has been a quiet time for Roger Elliot’s Trade Copier since our last update at the end of August, with only four trades executed.

Still, those trades have brought us further profits, with another 37 pips of profit added, bringing us to 223 pips in profit overall for the trial.

You can view full results here.

Roger is careful to trade only when he says a really good opportunity, so as to maximise profits and make sure we are not risking our money on anything that he is not 100% sure of.

That means things are slow and steady rather than fast and furious so to speak.

But results so far have fully justified that approach and the bank is growing nicely.

Just a reminder that you can get a £10 discount on your first month’s subscription as a visitor to Honest Betting Reviews.

Just use the code DFHB when you sign up and Roger will apply the discount.

 

 

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Roger Elliot’s Trade Copier – Results Update

30th August 2016

It has been a good month for Roger Elliot’s Trade Copier, with 191 pips of profit added since our last update.

That brings the total profit for our trial so far to 186 pips. 

You can view full results here.

The great thing about this, as we have said before, is that once it is set up you don’t need to do anything – you don’t even need your computer switched on, the trade copier service will do everything for you.

Anyway, good to see profits being made and let’s hope things continue in the same vein. 

 

 

 

 

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Roger Elliot’s Trade Copier – Results Update

4th August 2016

It has been a fairly slow start to our trial of Roger Elliot’s Trade Copier.

So far we are more or less where we started, at 5 pips down.

To be honest, there hasn’t been much action with only 6 trades executed to date since we started copying the trades on 14th July.

You can view full results here.

It is nice though not to have to do anything once you have set up the trade copier – just sit back and see how much you have won or lost each day.

Roger provides detailed updates regularly as well, analysing how the trades have been going and responding to queries and concerns of members.

Anyway, let’s hope by the time of our next update we will have a few more winning days to report!

 

 

 

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Roger Elliot’s Trade Copier – New Review

15th July 2016

I have a confession to make: I’m lazy.

Right, there I’ve said it.

What I really want from a betting or trading system is to have to do as little work as possible.

This, as I say, is partly because I’m lazy. It’s also to do with time, since I have other things to do (not least running this website!) so can’t be spending hours finding selections for a particular system.

So when someone came along and suggested a new idea to me, I was quite intrigued.

The idea is basically a trade copier. 

What it does is to mirror the trades of someone else, so once you have set it up you don’t need to do anything at all.

The service in question comes from a guy called Roger Elliot who runs Consistent Forex Trades.

The trade copier follows certain select trades he makes, mainly based around the Forex pair GBP/JPY.

These trades supposedly make Roger around 300 pips per month and he has yet to have a losing month from them.

In the first month of the service going live in June, over 1,100 pips profit was made.

July has started positively as well, with over 400 pips profit made so far.

So if this works as well as Roger says, then we might have something very special. Not just a profitable system, but one you just have to set up and then can leave alone.

I am also just generally intrigued by this idea of a trade copier and wonder if there are some other services you can apply this to.

Would take away the worry of missing selections if you are on holiday/in a meeting etc and take any possible human interference with staking out of the equation.

I suppose it’s not that different to the Bet Hawk betting bot we have trialed and approved here at Honest Betting Reviews, just on forex rather than Betfair.

Anyway, let’s see if this is as good as I’ve built it up to be. We will run a normal three month trial and report back regularly on how things are going.

***We have a special offer for you here at Honest Betting Reviews: Join now for August and get the rest of July for free + a 10% discount!***

So that’s just £70 for the rest of July and August.

To qualify for this offer, please use the code DFHBR

So just contact Roger here with the code above and you will be eligible for the discount to the trade copier service. 

 

 

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