Why can’t I trade market systems profitably…

admin — Sun, 18 Oct 2009 16:50:02 +0000

I consider myself a relatively intelligent person and I know that to trade any sort of market you need a system. I don’t have the experience to create my own system so for me the solution is to use one created by somebody else.

There are a whole raft of systems available to you as long as you are willing to make an investment up front for the material and then to put in some time applying what you learn. With any new system it is always advisable to paper trade or use a dummy account so that you understand things before actively committing your own funds.

All sounds terribly sensible and not that difficult to do. And this impression is reinforced by the many testimonials you see from complete newbies who with little trouble are raking in the cash. And yet for me it just doesn’t seem to work that well.

As soon as I get the course/manual/dvd’s I commit time to devouring the content in a bid to get myself up to speed as quickly as possible. In most cases the information you need is well explained and the steps to take make sense so it should follow that applying all of this new found knowledge should be a piece of cake. And yet somehow it never quite works out for me.

Did I suddenly hit one of the notorious bad patches that each system will inevitably suffer from? At least the majority of authors own up to the potential for losing runs so perhaps I’ve just hit one. But then again I still see updates that show others making money so that can’t be the answer.

Perhaps I’m being too ambitious or too cautious and ‘adapting’ the rules without admitting it to myself. This is another reason I could be failing.

Am I not focused enough and letting trades get away before I can react, there are other things that I need to do so perhaps I’m not concentrating enough? The whole idea of my using a system is so that I don’t have to watch the markets from dawn to dusk so I shouldn’t have too worry too much about getting distracted (or should I?).

As I’m sure you can tell from the ramblings above I’m not happy that my personal use of systems works that well. If anyone has any usable suggestions as to what I might be doing wrong I’d be more than happy to hear them.

Foolproof Evening Trading increases hours and soon price…

admin — Mon, 19 Jan 2009 09:55:00 +0000

It appears that Foolproof Evening Trading has become very popular with users and Louise Woof, who developed the system, has been busy updating things.

Having been asked if the system could be used for a longer time period Louise has said that it can be used starting at 2.30PM BST which gives another three and a half hours each trading day. Team this up with using IG Index and you could find yourself with a very manageable system. The extra hours and more ambitious criteria with IG Index will allow you to be more selective as to when and how long you trade.

Louise sends out regular email updates with hints and tips on how to maximise your success with Foolproof Evening Trading so even if you are new to the whole business of spread betting it shouldn’t take too long to get up to speed.

There have also been requests for Louise to publish weekly results so that people can check that they are using the system correctly. The first results were recently issued and I can confirm that they matched the paper trading I did on the Finspreads account I was using.

I’m looking at funding my IG Index account to take advantage of the increased number of trades with this platform and once attention is away from the new US President being sworn in I’ll look to actively trade.

It’s perhaps no surprise that as this product has been well received the price is likely to rise very soon. It’s currently £157 as an early bird bonus. Don’t forget that there is a 30 day money back guarantee if it doesn’t suit your circumstances so is worth buying now before the price goes up.

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Why can’t I trade market systems profitably…

Foolproof Evening Trading increases hours and soon price…