It is lately when professional investors used to sketch pattern
collections using pad and document. Industry information was sent by actual
e-mail to them and there was no pc and dealing table. Were they really not able
to execute by not using extremely analytic planning platforms? Were they all
losers? I bet they were not only doing excellent, but when in comparison to my
other investors (Including me) they were definitely innovative investors. I
don't want to challenge anyone as we have many star investors and thousands of
excellent investors who actually earn cash around the planet on regular base.
My disagreement is merely indicated at those investors who think that damaged
records is a consequence of them not really having the best way to business in
a excellent style while simultaneously having a one season perspective for
attaining 1 most important, through a 10000 money dealing consideration.
Where a dealing technique is presented as a efficient technique of
earning cash for investors, there are some concerns that must be requested, to
assess the reliability of the given strategy:
• Is it
a pattern or a variety market centered strategy?
• If it
performs as a pattern centered technique, what can the technique provide to
business around variety marketplaces, and viceversa for the variety market
centered strategy?
• Is it
a day dealing technique or organized to indication long run dealing signals?
• If it
is an Intraday dealing technique, how many time are necessary and when exactly
should I sit down and observe the screen?
• If it
is a lengthy lasting technique, what is the approximated possible drawdown in
pips?
• Is
there any traditional efficiency of dealing using the given technique in actual
records and if the response is "YES" for how long? (don't depend on
less than one year)
• Are
there any cash & danger control guidelines connected that are particularly
examined on this particular strategy?
• What
is the average/highest/lowest danger to prize rate of the last seasons trades?
• Is
there anyone who has used the technique on a actual account? (Be conscious of
promotion methods and ask someone who is honest).
• What
is caused by the investments for the above described trader? Even if excellent,
don't actually believe in that actual strategy for yourself, because one cannot
fit a typical technique with the same features to every investor. In this
situation you need to analyze it yourself.
• Ask
the designer about the emotional demands that may come upon you while using
that technique on actual records (We suggest to ask your tutor to assess the
strategy)
• Does
it have an Quit and Quit Reduction guideline for different market situations?
• Ask
the designer if you can get returning to him sometimes to ask concerns about
some factors that you don't really comprehend (don't create it 100 periods per
weeks time cause he/she won't provide any way to you).
However, I know a number of folks who knowledgeable actual harm
and frustration where they tried to believe the technique given to them from
the first day. So I am being serious when I say don't ever try to use a new
technique on your actual consideration, unless you have met an professional and
he has given you the natural lighting, or if you have just approved one season
of ongoing examining.
Final Words:
You may ask for how long? One season... it's too much...I can't
delay...!! Well then you can try it, but depend on it as a bet...You know the
bet...Too many port containers, nothing Hot Photos.
Let technology create you rich comprehensive. Don't ever think you
are more intelligent than any other investor because no one knows what is going
to occur next. So it's better to be next to those sensible investors who win,
because they are regimented and have invested a while exercising before doing
anything actual on their cash. Try to confess it if you are not sure enough
about your capability, and try to fix the issues with persistence and keep in
mind it is value it if you create that thousand money three or even five
decades later, instead of dropping what you got from effort within just per
weeks time.
Also, not to ignore, ahead any concerns you might have on this
content to my e-mail s.a.ghafari@iftc.ir and I will try to reply as soon as
possible.
