| Profitable Forex Trading Signals Up to 1400 pips/month Signals to Email or SMS 400 PIP/mo or 150/wk GUARANTEES |
BEST FOREX TRADING PRACTICES
| Bartko Technology Partners Copyright 2008 All Rights Reserved paul@bartkotechnologypartners.com |
| AS STATED IN THE TERMS OF SERVICE THIS IS AN IMPORTANT ADDENDUM TO THE TOS THAT WE ASSUME YOU HAVE READ AND AGREED TO BEFORE USING OUR SERVICE SIMPLYFOREXSIGNALS IS NOT A TRADER EDUCATION SITE IF YOU NEED EDUCATION ABOUT HOW TO TRADE IN GENERAL OR TRADE FOREX SPECIFICALLY THERE IS A HUGE AMOUNT OF FREE TRADING EDUCATION ON THE INTERNET - TAKE THE TIME TO LEARN AT LEAST THE BASICS OF GOOD TRADING SIMPLYFOREXSIGNALS IS A TRADING SIGNAL PROVIDER THAT YOU SHOULD USE AS AN AID TO YOUR OWN TRADING METHODOLOGIES OR SIMPLY TRADE THE SIGNALS EXACTLY AS YOU RECEIVE THEM KEEPING IN MIND THE SPECIFIC TRADING BEST PRACTICES OUTLINED BELOW YOU MAY CHOOSE TO USE OUR SIGNALS AS YOU SEE FIT BUT WE AT SFS ASSUME THAT IF YOU ARE USING OUR SIGNALS THAT YOU HAVE, AT MINIMUM, BASIC TRADING SKILLS AND EDUCATION SPECIFIC TRADING RULES AND BEST PRACTICES YOU SHOULD BE FOLLOWING WHEN USING SFS SIGNALS Please Read This Carefully Because These rules WILL APPLY in how I account for winning trades that may apply to your PIP GUARANTEE and will also help you to be a better all-around trader Since we are not a trading education site we assume you have basic knowledge of trading. Going long, short, stops, limits, pips etc. etc. In addition to these basic basics we also assume that whenever you enter a trade via an SFS trade signal you apply some version of the following trading best practices - 1) If a trade moves at least 50% towards the profit target you will either take full or partial profit and/OR move your stop to break even and hold for the full profit target. 2) If a trade moves 70% towards the profit target you will either take full or partial profit and move up your stop to 30% to 50% of the profit target and hold for full profit. If full profit is not reached you will be stopped out at a partial profit. Alternatively you can place a trailing stop on the position to make sure you lock in profits. How you apply these rules are not only your choice BUT ALSO YOUR PERSONAL RESPONSIBILITY as an INDEPENDENT TRADER 3) Similarly and additionally, sometimes a position will move very strongly towards and then through the profit target published in my signals. In such cases you should be holding the position and placing stops above or below it (depending on direction of trade) and LET YOUR PROFITS RUN. If I book a profit higher than the initial profit target published in the initial signal it will be because I am applying this trading best practice to a particular position. The profits achieved in such a scenario will be published in the results as if you have CORRECTLY traded the position and those results I publish are FINAL and will apply to our agreement relating to any guarantee you may have signed up for. Remember, I am an aid to your trading. Since I am not sitting right next to you or placing the trades myself for you I cannot take responsibility for your personal results. Your results, with my help, are still your responsibility as an independent trader. The result you will find published on the LIVE RESULTS page of my site will reflect trades managed according to the universally accepted best trading practices. 4) ALTHOUGH SOMETIMES I WILL UPDATE TRADES DUE TO MARKET CONDITIONS OR OTHER TECHNICAL INDICATORS YOU SHOULD NOT EXPECT EMAILS COACHING YOU THROUGH ALL OF THESE POTENTIALITIES ON EVERY TRADE - I HAVE A LIFE AWAY FROM TRADING THAT I LIKE TO ENJOY TOO. THESE ARE VERY BASIC TRADING BEST PRACTICES. IF YOU DON'T KNOW THEM BUY A BOOK OR FIND A SITE AND LEARN THEM! THEY ARE BASIC AND UNIVERSALLY ACCEPTED FOUNDATIONS FOR BEING A SUCCESSFUL TRADER. IF YOU DO NOT TAKE THE TIME TO EDUCATE YOURSELF ABOUT THESE BASIC RULES OF TRADING YOU SHOULD NOT BE TRADING ANYTHING, EVER. YOU WILL JUST LOSE MONEY!!! 5) If any of this seems confusing or complicated please do email me and I will take some time to teach you the rationale behind these standard trading best practices - but I won't be sending emails telling you every turn of the screw all of the time for every trade. Remember, you are an independent trader using my service to help you trade better / it is still your personal responsibility as an independent trader to manage each individual trade according to best trading practices. |
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Profitable Forex Trading Signals Up to 1400 pips/month Signals to Email or SMS |