Vendors providing P&L PROOF!? | Trading Reviews and Vendors


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Vendors providing P&L PROOF!?

  #13 (permalink)

Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: MetaTrader 4
Broker/Data: Interactive Brokers
Favorite Futures: Forex
 
Joseph689's Avatar
 
Posts: 121 since Sep 2012
Thanks: 113 given, 36 received

Hello,

I still do believe it total transparency of anyone charging for their services/techniques/systems that requires placing your capital at risk!

Like Big Mike says, even when the data is provided, chances are it was doctored!!

Ultimately, it all boils down to, "buyer beware"!

With the above being said, I must thank Anthony for a very valuable lessen I learned from his Webinar:

"Find the sweet spot of profit targets.....then slowly increasing your size in what you participate with...lot easier to get 4 ticks with 4 contracts then 20 ticks with 1"

"Risk management is not the size you trade, it is how you exit your losers!"

Once you build a steady, consistent success rate of 4 to 8 ticks (market cycle), increase the contracts, scale out during the "sweet spot" range, and let the last 1+ contracts go for the potential home run!

Thank you Anthony!!

Joseph

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