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I intend to stay alive in this market and not get blown up. My Trade Triggers DO need activity and not just a slow move in one direction or the other which could change at a simple phrase from a news report. In a slow trending market they will NOT activate.
I know it is frustrating to wait and not trade but I will stick to my strategy on this because if I change and make emotional trades then I will jeopardize everyone's funds. I have a responsibility to all of the subscribers to do my best.
I hope you understand that I will not do trades just to keep subscribers but I will follow my methods. I still hold out good hope for this month and good trades.
I hope this helps clarify my actions a bit and put the subscribers at ease.
As always, I do not mind if you send me a PM with questions. I will do my best to answer as soon as I am able.
Best Regards
David Stanton
I need a long term strategy that maximizes the odds of success and yours so far has proven to be perfect
Not sure if you perceived a criticism in my comment, surely was not my intention, on the contrary my objective was to stop all the speculation about the market conditions being good or not for your strategy to operate. We do not know how your strategy works therefore it is pointless to say the market was not good or good enough in the last week or so
If i understand correctly we can expect trades when there are impulsive movements with long candles and good volatility; it is good to know because puts the mind of us subscriber at ease knowing that certain market conditions are not likely to produce traders therefore are not worthy to be monitored closely
The reason why i am posting this messages publicly instead of directly to you, it is because everyone can benefit of your answers...i am sure you are tired to receive the same questions over and over from different subscribers
Thanks for clarifying that the Triggers are now permanently ON; you understand that the doubt arises after few days of not operativity particularly in this scenario where the Greek affaire can send the markets one way or the other.
I believe itis a valid suggestion to alert your subscriber every time the triggers are switched on/off due to specific reasons, such as NFP, BCE meetings, Grexit...
Rest assured i am not frustrated by not having trades, i am only frustrated by loosing trades :-)
KEEP THE GOOD JOB
I will take your advice and post when I turn off my signal and then turn it back on.
But for now, let hope that next week will be a great week for all traders.
Best Regards
David Stanton