Ultimate4Trading. Is it Legit or Dodge?

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Bennie.vdm

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It looks pretty awesome to me, but I would like to get some thoughts on this before I commit.

http://www.ultimate4trading.net/

“…our ground-breaking algorithm is so accurate that more than 3 out of every 4 trades are successful.”
 
If their algorithm was that good they would be making millions using it to trade and not selling it...

I call bull****
 
Getting a 70% win rate is not impossible. Its quite easy though...problem is that most people are fooled by
it because its only half the formulae.

Take a roulette table, you can bet only black or red.
What if the dealer told you that if you win you win R 100 but if you lose you R200
(as this is an example lets assume you win 70% of the time)
How much would you win?
70% * R 100 - 30% * R 200 = R10 > 0 you are actually still profitable

These systems are usually 70%*R10 - 30%* -R100 < 0

Long story short, their algorithm relates to binary options.
Ive heard from many people now, 100% of traders lose money with binary options.
 
If I have a way of successfully making great returns on the stock exchange I'm sure as hell not telling anyone and neither would you. Now ask yourself again if they legit.
 
Let me guess. When you invest and fail. You where the 1 in 4 trades?
 
Was playing around with some testing and thought this example was quite applicable to the discussion.
A system with a 69% win ratio yet you lost money over the years

Sys2.png
 
A website with both 'ultimate' and a number in it's name and sitting on a .net domain...
I wouldn't even bother clicking on the link.
 
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