Index Wizard Trading System is a Forex trading method developed by Ian Williams that is currently being marketed by Streetwise Publications (News) that claims to offer users consistently profitable trades.
What does the product offer?
According to the sales material put out by Streetwise Publications, when you buy into Index Wizard Trading System, you are buying into the trading methods of an eccentric trading genius. The whole thing is claimed to be simple to use, regardless of what you knowledge and understanding of Forex trading is. In fact, the way Ian Williams talks about Index Wizard Trading System, you would seemingly be better off with no knowledge of how trading works. As a product, Index Wizard Trading System is made up of 4 different components. These are a piece of software that follows the principles of the Index Wizard Trading System , a hard copy of the system itself, video updates and finally, support from Ian Williams himself.
How does the product work?
Index Wizard Trading System is based around trading on certain indices, namely the big 5 which are the FTSE 100, the Dow Jones, the S&P 500 as well as the NASDAQ and finally the German Dax. According to Ian Williams if you are using Index Wizard Trading System to trade on these you don’t actually need to have any knowledge of trading and you can ignore economic factors on the grounds that they will do the same thing each year around the same time.
Index Wizard Trading System takes advantage of this with Streetwise Publications referring to the system as like having a crystal ball.
What is the initial investment?
At the time of writing Streetwise Publications are selling Index Wizard Trading System for a rather eye watering £97 per month. This is somehow marketed as being a cheaper alternative to a lifetime license that allegedly costs £995. It is worth noting that Index Wizard Trading System doesn’t appear to come with any money back guarantee with Streetwise Publications saying that there is a 30 day test run option however this seems to be down to the fact that the product is sold on a monthly subscription.
What is the rate of return?
According to the promotional material for Index Wizard Trading System you can reasonably expect to make a rather substantial income through the product with income claims in excess of £3,000 per month and a profit of £47,740 to £5 stakes.
Conclusion
Not surprisingly Streetwise Publications provide no real evidence that Index Wizard Trading System will work as advertised. As is rather typical of their sales letters there is instead a healthy dose of fearmongering and promises of massive profits. This is rather worrying for me as a genuine product will always attempt to provide some evidence and I just don’t see Index Wizard Trading System doing this.
This might not be so bad if it weren’t for the cost which at almost £1,200 per year represents a massive investment on the grounds of a system that I’m simply not sold on.
With that in mind I’d give Index Wizard Trading System a miss personally.
I am also interested if anyone has made this interesting journey and made substantial returns.