I’ve been thinking long and hard about this invitation to join the FXSS signal providers and whilst I’d settled upon a certain combination of strategies, on reflection I really feel that this is an opportunity to offer something slightly different. So I’ve re-written my strategy post and FAQ’s to reflect my real desire, which is to offer clients a “steady eddie” type account, something that can aim at about 5% monthly (bear in mind that this is an average over a year) but with no serious threats of a heart attack along the way! So even though it means that not all FXSS clients can participate due to the minimum $2000 account requirement, I’ve decided to focus on providing signals that have an objective of achieving just that. This is actually how I trade the majority of my own funds and those of my private clients.
For me this is not about trying to guess the next direction of the market, but more about building a net position and managing that position through sophisticated money management. Forex is volatile enough, and even with the best trading system in the world you can still get it wrong. I’m happy to take what the market gives, and sometimes I will scale into positions, and sometimes take fast profits. The key is managing a position once its been entered into.
So my apologies to those of you who may have set up your accounts based on the previous information, but I think if you choose to follow my account you will be pleased with my final decision. Please read both my trading style post and FAQ‘s carefully and pay particular attention to my comments about multiples and interrupting trades. After that, this account really is best parked in a corner, checked once a week, and left to run!