Jim A.'s review of Global Trading Academy

Global Trading Academy

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Complaint Posted 2/9/2012
. 1
. 0
actual trading experience with Global Trading System
Before signing on with this trading system, you should know the real facts and then make your decision. I paid about $6000 for this system and thought it would be worth it based on the trading history they portrayed on the website. Although this history is fair truthful, it doesn't show the whole story. Since 8/11/11 I have been involved in 28 trades of 2 contracts per trade. On paper I lost $449, if this were the whole story it would not be good but it would just be the way of the market. However, "slippage" reduced this to a loss of $1624.50 (quite a difference) and once you add in commissions the loss if $2073.62. One cannot begrudge the brokerage of making an honest commission but like I said, know the "rest of the story". I would bet that if slippage and commissions were shown in the GTA website the numbers would not be nearly as impressive.
 
 
 
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Additional Business Information
Hours   Phone   (866) 681-4821 Address   904 Silverspur Road Suite 316
Rolling Hills Estate, CA 90274
Website   http://www.papertradingclub.com Email  
Contact   Timothy Cook Other  
 
 
 
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