Friday, March 12, 2010

Difference between our service and others


We want to bring your attention to the main difference between our service and others:

At DailyMarketAdvice, we believe the only way to continually beat the market is to adapt your strategy to market conditions and to use techniques that can be applied daily.  If you discover a market pattern that repeat itself at least 70% of the time and where the amount gained when the pattern holds is greater than the amount lost when it doesn’t, don’t think twice; you have found the ideal way to beat the market.   Finding and exploiting market patterns has been precisely our philosophy for years.  We don’t try to break the bank in one or two sessions.  Instead, we beat the market little by little but daily and, by the end of a year, we have achieved profits you won’t believe.  What is challenging about our philosophy is that, when the timing, tendencies or volumes change in the markets, past techniques many times no longer work.   That is why we at DailyMarketAdvice are constantly refining our techniques.

Our signals ALWAYS HAVE A STOP that never moves.  Therefore, when you execute one of our trades you know the maximum risk you are assuming.

A while ago, I had a subscription in another day-trading service that offered a profitability of practically 100% according to their Forex statistics.  I was quite surprised by this and decided to follow them for two months. And it was true; they had 100% profitability on closed operations.  The problem is that each day they left open many operations (all without any stop or target) and they would close them when they became positive.  The problem is that the negative ones were accumulating losses without being closed.  After following them for two months, I discovered they had accumulated 12 open operations; one with -800 pips and another with -650 pips.  Strikingly, all the gains they had accumulated through closed operations during that period didn’t add up to half the pips of losses they had accumulated with these two open operations. 

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