has anybody heard of Global Shares Ltd end of day trading software? What do you think?

Answer 1

My wife and I use them along with a few other members of our family and we have all done very well. I had traded prior to starting with them and had some good results but not as consistently as i would have liked.
There were months where I would make 10k but other months where I would lose money. With their more steady approach I have been able to generate a reliable income. It still varies but on average it's around a thousand a week. I think their system is great for returns but I feel they should offer more assistance when it comes to ways to minimise tax, i would be happy to pay for more specific personalised advice on these issues, and I think it would be a good way for them to make more money as a company.

Answer 2

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Answer 3

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Answer 4

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Answer 5

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Answer 6

Its been good for me...i've been using the end of day system for about 14 months and the returns have been good. It's not a million pound business but it can generate some decent cash flow...a few thousand a month for very little work suits me just fine.

i've considered their more involved daily system but i'm pretty happy with what i've got. its consistent and takes very little time and that suits my situation.

harry

Answer 7

I think that any 'betting' software that REALLY worked would be kept hidden by the developers and used to corner the worlds entire supply of cash ...

Face it - if it REALLY worked you would end up owning not just the entire World but the entire Universe !

How long to own the world ?

Lets start with $1 and 'win' only 10 cents (10%) each time ... also lets assume you can only place one bet each day ...

I mean, that's not unreasonable is it ??

Lets start with $1 on 1st Jan ... 2nd Jan you will have $1.10 (your original $1 plus 10%) .. so you bet that and you win 11 cents (10% of $1.10) ... so on 3rd Jan you bet the $1.21 and so on ..

By end of Jan you have $17.45 .. hardly seems worth it ?

But it does get better .. by end Feb you have $276.80 .. end March its $5,313.02, by end April $92,709.07, May $1,779,489.62, end June $31,051,030.20 ...

Hey - by mid summer we are in the millions !

But now we really start to take off ...

By end July we reach $596 million .. end Aug $11.4 billion, Eend Sept 0,2 Trillion .. End Oct 3.8 Trillion, end Nov 66 Trillion !

By the end of the first year you have ...

$1,166,641,436,648,540.00 (approx :-) )


The GDP of USA in year 2000 was about $10,000,000,000,000 so by end of year 1 you have 116 years worth of the entire US GDP ...

So we 'own the world' in less that a year i.e. less than 365 bets .. (if you could 'roll' the bets 10 times a day, it would take less than 36 days i.e. 6 weeks (assuming not betting on Sunday :-) ))

How long to own the Universe ?

If you keep going, by end year 2 you have $1,646,873,212,463,490,000,000,000,000,000 (about 1.6 x 10^30) = that's about $16,000,000 for every Star in the Universe (OK, the Sun's worth more than $16 million, but I bet you can buy most of the rest for less than a million dollars each)

So = 2 years to own all of creation .. ...not bad :-) ) .. and you only started with one dollar and only made 10% on each bet ...

Answer 8

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Answer 9

This sounds dangerous