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What to Expect
Initial Requirements
Trading from our newsletters isn't difficult, but there are a few requirements we should mention.
- Computer with Internet Connection -- You don't need a super fast connection, but you do need to be able to check your email and access your online broker.
- Email Account -- Few email services will fall short here, but it's important that your incoming email doesn't get delayed. Also, you'll need to be able to receive email that is html formatted. If you aren't sure about these requirements, we can send you a test email.
- Time to Trade -- For the first few days, trading the system may take some time until you get the hang of things. Within a week, you'll become proficient enough to manage your trades in about 15 minutes per day.
- Risk Capital -- You won't need a huge amount of cash to start, especially in the forex marketplace. However, you should not trade using any money that you can't afford to lose. If you aren't comfortable trading real money yet, you can still trade using a "demo" account with no real money at risk.
- Discipline -- The system only works when followed. If you aren't able to stick to a plan for the long haul, you won't get much benefit from the material we offer.
Trading Operations
Each day, you'll need to check your email for alerts. Then log in to your online broker and manage your trades. You'll need to compare your positions and orders with the ones in the newsletter. Most days, you won't have to do much at all, perhaps adjust a stop order by a few ticks. Some days, you won't have to do anything at all. Other days you may have to enter several new positions. The frequency of trades will vary based upon market conditions, but it's realistic to expect five trades per market, per year. At the same time, be prepared to trade more frequently if market action should require it. In addition to placing trades, you may wish to maintain a log of your trading. You can do this with a spreadsheet software package, or in a hand written ledger. Alternately, you can keep all of the prior email newsletters in an archive on your computer, or you can refer to the records kept by your broker.
Maintaining Discipline
Our system is built to control risk, but there is no way to entirely eliminate losing trades. The key to winning with the system is remaining disciplined during the difficult periods as well as the winning streaks. We can't tell you what techniques will work best for you, but you need to know yourself well enough to figure out how to stay disciplined over the course of hundreds or thousands of trades.
Not Needed
The requirements are very simple. Items below are not necessary in order to use our newsletters.
- College Degree in Math or Economics -- If you have a degree, great. But you do not need a degree to use the newsletters. A high school education is more preparation than you'll ever need to trade the system.
- Bleeding Edge Technology -- Our data processing equipment takes care of everything that requires any sort of "high speed, low drag" computer technology. If you can get online, you've got all the technology you need.
- Trading Software -- You won't need any several thousand dollar charting software to use the information in our newsletters. The most complex piece of software you'll need will be the free order entry software you download from your broker.
- Price Charts or News Feeds -- Neither charts nor news are involved in trading the alerts. Our systems don't use charts or news to do the analysis and you won't need charts or news to use the analysis.
If you have any questions about what to expect that you believe we haven't covered here, email us.
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All material on this site is property of iSigma. Trading is risky business and should not be engaged in without first consulting with a qualified financial advisor. System signals are presented on an "as is" basis with no implied suitability for any particular purpose. All trading decisions made after consideration of the material here are ultimately the responsibility of the trader. Hypothetical or simulated performance results that appear on this web site have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under, or over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. Past profits are not necessarily an indicator of future results, and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Nothing on this site constitutes a solicitation to buy or an offer to sell or buy any tradable instrument.
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