Thursday, March 27, 2014

I'm not following the signals anymore...

I guess this will be my conclusion of this whole YoutradeFX signals review. I'm not following these signals anymore for a few reasons which I will be explaining below:

- The 1st email I get is too early for me. Around 5 in the morning each day and they call it 9 am or something. It's just too annoying for me living in the left side of the map.

- Most of the trades I followed were losers. Sometimes I win big but most of the trades are losers.

- I receive several signals a day for different TimeFrames. From 1H to 1D and around half of the times I miss the 1H opportunity.

- I have a life besides trading the markets, I also work and invest in other entrepreneurial fields such as real estate or technological start-ups. Having to focus on trading for 3 or more times a day is kind of stressing. I prefer to give full focus once a day and then get done with it. That's also one of the reasons why I prefer 1D or higher timeframes, they're also far more accurate.

- I've been more successful - i.e. higher % of account growth - trading on higher TFs than 1H or 4H.

- I wouldn't recommend these signals to someone who has a similar lifestyle as me. So, I believe this may be the last post of this particular blog.

Thanks for reading.

Henry Latourrette
@henlatourrette

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