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if you have already been to www.trendindex.net the new site of 'John Evans' aka Shiraz Lakhi, you will no doubt be surprised at his latest and greatest attempt to cash in on new stock traders. And while we have not seen this latest in a long long line of near-identical 'products', we have received a message from a friendly trader's association that it is probably yet another attempt by the name-changing 'master trader' to cash in on the success of the Grail Indicator. It certainly looks like it from the screenshots he posts on his brand new 'clone'site! (originally sold as 'champion trader', then 'click volume', and now 'trendindex' - whatever next? ChampionTrendVolumeClickTrader.net???!!)
This trendindex as he has renamed it (confusingly similar to the legitimate spread betting company TradIndex, in our opinion), appears to basically be the Grail Indicator again YET AGAIN. No matter what name Mr Lakshi (Evans, Bush) gives it (T4 indicator? T3 indicator? T1999 indicator???) the principle remains the same. And it really is simple, too! Let's see what Mr TrendIndex.net himself has to say:-
"It's No Secret... And It's NOT Rocket Science..." exactly. Wait for a pullback in a trend, wait for it to reverse, jump on it.
"You will notice I have marked a precise, 3-step sequence ..." yep, 3 easy steps. Exactly like the Grail.
"It is a strategy which we have completely automated, allowing our computer to scan over 16,000 stocks and indexes every day, to find the very latest, Top Five stocks that are in-play..." or you could use the Grail Indicator, which allows YOU to scan for what you want, rather than being spoon fed Mr 'Evans's chosen tips.
"This information is then delivered to you via the web - on a daily basis - including precision buy AND sell points. Witness the strategy in action without putting a single penny at risk!" exactly like the Grail, in fact. And most trading systems nowadays. So not exactly magic there, then, Mr 'Evans'.
"Discover, in clear, step-by-step detail, how we identify these three 'sequential' events, which provide outstanding short-term profit opportunities... the same bullet-proof techniques that our traders use repeatedly, to make ultra-low-risk profits" except TrendIndex doesn't explain how it works - its a 'black box' system and most of the hard core sales pitch seems to have been lifted from his original 'Champion Trader' site. Only Mr Lakhi / Evans knows for sure what the parameters are (and it may even be the case that he changes them frequently, which would help 'curve fit' his results).
"Imagine a simple chart-setup which shows up in February 2005, just one day before a major advance in Abraxas-Petrol stock. You take your position and ride one of the biggest advances in this stock so far this year - a market move, ...profits exceeding $11,500 in just 6 days?" - or you could just have spotted it with the Grail, and traded it as WE explain - simply and safely. And WITHOUT a yearly subscription for a service you MAY NOT EVEN BE USING IN A YEAR'S TIME (even if Mr Lakhi hasn't changed his name again and renamed his system, closed down his old website again and left all his old customer out in the cold!!! - lets face it - this is the THIRD attempt at a 'grail' type site we are aware of - there may be others - feel free to inform us if you find any!).
"As I write this, a fresh, unique opportunity has unfolded in AXO stock, Coca Cola, Home Depot, Dell, and the Nasdaq-100 Index., all offering the same distinct opportunity for profit." that's right, Trendindex guru - opportunities unfold every single day. It's called a stock market. That's what its for.
"If you can read, write, use the internet, and follow some simple, straightforward procedures which we teach you step-by-step, then you can start witnessing this unique, common-sense approach to trading... " except he won't - its a black box system. If you stop paying your subscriptions, you have no idea how it worked. Even though it looks to us to just be yet another variation on the Grail, yet again...
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The alternative
is pretty straightforward. To avoid becoming a trend index trader
involves choosing a mechanical
system that works, and sticking to it religiously. Ignoring
the emotional ups and downs suffered by most traders, in as
little as 10 minutes a day, you will find that you can set
up your trades, and get back to whatever you REALLY like to
do during the day. The Grail Indicator is a unique, tried and tested
simple system. You don't even have to collect data
about your shares in a spreadsheet anymore - just click the
symbol you want on Tradestars and watch for the trade indicators!
And yes,
you CAN retire rich in just a few short years if your system
works, and you use it as it is designed to be used.
Using
the word 'easy' may be rather flippant, but the comparison
between the way most wannabe traders trade, and the way they
SHOULD be trading really is that extreme.
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You have read up on the web. You understand that 'John Evans' is in fact Shiraz Lakhi, and the trendindex system is the 'click volume' system, i.e. the 'champion trader' system, i.e. the Grail Indicator with some minor and confusing tweaks that have probably reduced it's effectiveness (not surprising - Mr lakhi is not a famous trader, he appears to be more of a web programmer, unlike the developers of the Grail, two of the most famous traders of our times!). So what
is this magical system that will help you avoid becoming a trend index trader and instead make some serious cash in double quick time?
TradeStars'
"Holy Grail" Indicator.
While
we can take no credit for the invention of this indicator,
we can pat ourselves on the back for this fine website, and our
desire to spread the word, helping more beginner traders
avoid turning into rabid 'trendindex traders'.
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