Quote:
Originally Posted by rrram2
And you use them to learn how to trade (think) for yourself.
Blindly accepting signals without any thought or analysis related to "WHY"
those signals are what they are is useless in the long run.
It is true the banks have made consistantly more profits over the years for their forex trading. You know why right?
They are SMART about managing their margin and maximize their leverage,
and they don't set tight SL's.
I increased my account 33% last week because I smartly managed my margin,
maximized my leverage and used NO SL's. SL's are for losers and I don't recommend anyone TRADE without SL's because in many cases you will LOSE more money than you would have if you cut your losses short.
There are all sorts of theories as to what works and what doesn't.
Thinking you have some inside info (newsy crap) that everyone doesn't already know about is foolish.
Thus far I have not been impressed by your signals.
And before I would trade real money based on those signals I would still NEED to do an in depth analysis as to the feasability of profiting from the trade.
I usually only trade GJ, but EJ is my old freind, however I prefer GJ as it moves more wildly and pays interest on longs.
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Thank you captain obvious.
What is the point of bashing the thread, majority of people are just tracking it to see if this can actually be trustworthy...
If you don't want to do it, no one is forcing you to... majority of people have common sense and wouldn't invest if someone just walked up to them and told them to, I like many others want to track this and see if it is actually profitable in the long run...
Hope iyados comes back and keeps giving us signals...