Wednesday, February 15, 2012

Putting you in control

I have been asked on more than one occasion why I do not provide a trading signal service. The answer to that is I feel it is important that people fully understand how all the components of the system work together, together with the reasons why trades are opened or exited. Certainly, I would feel uncomfortable blindly following another trader's signals without a thorough understanding of what they are looking for.

It is also a easy get out when a trade goes wrong to blame someone else for losing money. Having all the rules to hand mean that the ultimate responsibility for making profits and losses lies with the individual pulling the trigger. You'd be surprised how often traders or investors do not take responsibility for their own actions - the easy way out is to follow someone else.

The Trading triangle e-book, as well as the training I give to other people, have been designed to give YOU the framework to construct a trend following system suitable for trading stocks, using the essential core elements, and to give you the tools and knowledge to understand what makes a great set up, and what to avoid.

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