TortoiseTrades - A Futures Trading System
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Trades of Value


So How Much Are These Trades Worth?

Let me show you how I came up with my "retail price".

A number of years ago I was a CTA and managed about 8 discretionary accounts. Back then most of the CTAs were charging only incentive fees for their services. Most still do today. An incentive fee is a percent of the profits the CTA makes on his managed funds, usually 20%. If he didn’t make you money, then he wouldn’t make any money. This was a very fair deal.

If I were to take your money under management and trade this system how much would I make? Well, in 2004, the simulated trades made $17,904 trading one contract on each trade. It made 23 trades that year. Take 20% of $17,904 and divide by 23 trades and you get $155. We could factor in other overhead costs of managing funds, thus lowering the net profit per trade. On the other hand, I could trade multiple contracts for larger accounts, therefore raising the net profit per trade. Are you with me? So let’s set the "retail value" at $155 per trade. Will I get that price?

If I were to charge for one year's service that would be $155 x 23 = $3,565. Okay, so maybe my trades aren’t worth $155 each. Of course if you and I knew that you would make $17,904 trading one contract you may not mind paying $3,565 for that information. So what is a fair price?

I have set a subscription rate of $50 per trade. This seem very reasonable, but wait! Here
is another unbelievable aspect in my price plan.

I do not have a money back guarantee. Did you read that right? I will not send your money back if you are not satisfied. I don’t have to. You only send me money when you have already received the trades and are happy with the results. I am so confident that you will make money on these trades that I will wait until the trades make you money before I charge you for the trades. Try to find another service that will do that!

Every newsletter or advisory service I know wants you to pay up front for their product. This is for a good reason. You may not have any more money to trade or pay for their service in a year if you follow their advice.

If you use the convenient payment method I have arranged you can wait until you have winning profits before you send me any money. Is that fair or what? I will inform you of your credit limit when you sign up.


An Offer You Can't Refuse

Okay, now this gets even more unbelievable. Get ready for this! I want to give you absolute complete assurance that I did not just make up these trades. The system works, so I have decided that if I send you a trade that does not make money, then I will not charge your account for that trade.

The risk of loss from a trade is still yours to take. The record shows that there will be some losses. In order to keep me from just recommending any trade just to justify the cost of my service, I will not charge you for a trade that loses money. Let me state this again because this probably has never been done before. If a trade I recommend does not make a profit or break even then there is no charge for that trade. What more can I do to help you trade this system!?!



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The Tortoise On Your Mark Get Set Go They're Off Finish Line
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