AutoFX - Mick

[autofx]

You making money or not making money in trading is
100% your responsibility.

If you choose to take signals from an alerting service
or from a signal-generation program, that is a decision
you have made, and it is up to you to make sure you
have done your due diligence to make sure you're
not trading a loser of a system. I would assume you
understand the system very well and it makes sense
to you, and that it is not a "black box" to you.

If there's something wrong with the system and you're
truly trading it properly, you would recognize that
the problem is not you and you would not trade that
system any longer.

If the system is sound but you simply cannot let
winners run or you let losers run too long, no one
can help you but you, or maybe a trading psychologist.

My preference as an alert provider is to NOT accept
subscribers who do not understand at least the basics
of my systems. I want traders who agree with my thinking
and who receive my alerts as a convenience, not as
a substitute for thinking.

If you have the opinion that you can never know if
a system is sound or not, I respectfully suggest you
do a lot of thinking about what trading strategies
and tactics really make sense to you. Then a set
of criteria for judging the worth of a system will
probably emerge.

[ldamiani]

Hey , Akshay, Im just curious ..... are you still dressed?

I've been short at 1.26 with orders to short 2650 and 27 if it reaches those levels. Everyone and their wife is buying expecting the Eur to reach 1.30 then 1.50 everyone expects it to start flying without wings, so it's time to sell. It's a known fact that 99% of traders lose money, and it seems most traders (dumb money) are going long based on my readings, expecting miracles to happen and new highs to be achieved, so it's time to short.