Some signal-watchers (what a funny term) keep asking me whether I really trade using my daily forex signal or not. Though I’ve answere ‘Yes, that’s right’ many times, still i received the same question again and again. Yesterday, for example, someone contact me and telling

your signal is getting worst and worst each day. I’m wondering how you can still having enough equity in your account. Do you make additional deposit everyday?

Wow, what a cynical question. I dont take it seriously though, just wondering whether this person really following my signal, reading all posts in my blog or not :)

As you all can read, my signals giving bad performance for some previous days. I can say nothing but that’s what usually happen in forex trading. You win some, You lose some. You should see a trading performance in a wider view. Forex trading is profitable yet risky business to do. I’m giving free signals not to bring you into such a’ Get Rich Quick Scheme’, it just to help you gaining a consistent profits. Surely, however, it will help you gaining return more than what you can get from your bank saving account.

Obviously, those person who thinking that I can quickly getting into insufficient equity might not having enough understanding on Money Management. Managing our risk and reward ratio should be main part of our trading habits. This will keep us away from getting out of trade too soon.

Anyway, my trades this month are still good enough. I have booked 320 pips for GBP/USD and 400 pips for GBP/JPY. Also I’m still having two trades open, below are my currently open trades (click to enlarge):

my recent trade

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon] [Email This]

Links to This Post