What EXACTLY does this mean? Is this claiming to be short already, i.e. after the fact? Or is it suggesting that you have limit orders in the market to get filled at these levels.
If it's the first, nobody is interested. If it's the second, then exactly how is averaging in being accomplished? E.g. one third of the order short on nasdaq at 2185, another at 2190 and another at 2195? Half at 2185 and half at 2195? Be clear.
If you're only partially filled, are you adjusting your pip gain to take that into account, or are you claiming the pip gain in full for the partial position? Again be clear.
Whether 70 pips can be made or not in a week is really a misnomer. It's only pips relative to risk that count. With a martingale strategy I can make 1000 pips in a week. It would risk my entire account, but it is doable for a while.
I don't read much criticism, just a lot of scepticism.
Someone that wanted to gain subscribers to pay their wages?
1. it is not a call service. It is a live analysis service , where you learn and watch me trade live with instant text message alerts in real time...entry , stop loss , trade management and exit all via text messages instantly!!
The idea is to fill a niche in the market place where I can teach students in a cost effective way(not spend £1-4k on pathetic courses that teach fibonacci) ........I teach them to fish until they are confident and they go solo ..I am in no need of there subscription and trust me they dont pay my wages !! hahaha.what a funny chap !!
How it works
1. send text message instantly upon entry
2. email with stop loss and target
3. email with analysis - TA and FA arguments as to why I took the trade
4. text message for trade management ..i,e, when + 10 amend to b/e and reduce risk
5. text message to explain why markets are moving explaining inter-market analysis via FX a/commods/indices and there relationships
6. text message upon entry ........2/3 profit take off @ 1st target and last 1/3 b/e as a runner
I easily exceed + 250 points per week ...proven track record !!
2. I have to spread my entry based on different trading platforms, time lags etc etc !! If i say I am short FTSE from 5208 ..by the time message gets through it may be 5205 on one platform or it maybe 5112 on another etc etc expecially given the current volatile environment !! Hence I spread my entry by 10 points and choose my instruments wisely in order to allow everyone a zone in which they can enter if they choose to do so ;
A. allow any individual to track it or its up them to trade it. They can do whatever they want with my trades .....all I give out is what I am doing and my entry. I am not responsible thereafter......the course is designed to see how I trade and why i take the trade..the points are a bonus !!
B. my stop loss always remains stagnant so even if say you got FSTe short 4 points from average entry = + 26 points as opposed to + 30. SO what ???
When you are trading with someone who has a proven track record of 90% and higher success rate , odes it really matter ???
FTSE trade has already hit target on my current live trade
so lets take my live nasdaq short trade ..short from 2185 - 2195 !! This is a zone I wish to enter , my stop loss is stagnant and never changes , I trade with success rate of > 90% therefore I am not concerned about a poor average
I may get 2186 , 2185 , 2192 !! Does it really matter about 4-5 points when I am nailing + 1100 points in 3 weeks ????
3. who is risking the account ? I am adhering to golden rule of no more than 3 % of risk per trade
My friend when you are batting at 90% and higher success rate, a poor average doesnt matter.