Hi JP,
Further (perhaps finally) I have been observing some friends messing with FT over the last couple of years. That's a great idea, and I still believe that fund switching has a future as I have discussed on my forum in the past. But, for many of the FTers who have finally gone off and hired some guru to switch their funds (and lost there too), I suspect AIM should be their next step.
Are you saying that you know people who tried Fastrack and lost money switching/trading mf's? From the little I heard of it, it sounded like an almost sure way to earn 20 to 25% returns annually.
Anyway, I have to agree with you that AIM might be a great next step for them to invest/trade profitably, and I might add, to have a life as well.
I have been following another thread which is dedicated to fund switching, charting, timing....etc., etc. Some people there are doing well for themselves, for example, 30% return per year; but, there seems to be a bit of guessing required, and many decisions and some stress involved.
By the way, whatever became of Don Bell? Wasn't he achieving over 50% returns using FT? I wonder if his method, which I read about at your site some time ago, is still profitable.
Regards, Jack |
