Friday, January 21, 2005

 

January 2005, a signal provider performance

Still in the beginning of 2005, I though it will be a good time for signal provider to score big hit. But somehow my prediction is wrong. At least I saw two daily-updated-result service already turn negative, even surpass their own worst performance. Back then on December 2004, traders talked about these two service very actively on several forum, about their amazing result, and give a lot suggestion to use both of them.

Well, I think that is forex market, you can't predict the market, you just follow the trend. Also January not even finish yet. Let see how they perform until the end of this month. Hopefully they can turn back the table and give a positive result at the end.

My concern is, this temporary bad result is already scare enough to make a novice, who follow the signal, to stop trading the signal and didn't follow the rest of it until the end of January 2005. Other thing is the loss is big enough to wipe out any novice trader account. But this last issue should be handle in money management problem. If all these things happened, then they will start looking for other signal provider, and maybe will suffer the same condition for next month.

Any thought to solve this problem ?

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?