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Originally posted by robertfx
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I have been trading for around 5 years now. The first time I went trading full time was around 3 years ago and to be honest I got totally stressed out every day worrying whether I was going to make enough to keep me accustomed to the lifestyle I was used to. I was a company director for 10 years so was always on decent money and bonuses. I managed to make money but couldn't handle the emotions so went back to work as a UK sales director for another company. Meanwhile I kept studying forex, indices and stocks and spent a fortune on various courses, naturally each one claimed to be the holy grail! I carried on trading whilst I was employed and gradually developed my own techniques using indicators that were proving successful by the fact they were making me pips. Most importantly I learnt to take the emotion out of trading and to set rigid stop losses and be happy to take the loss. My confidence increased dramatically and I was ready to take the plunge again!
So on August 15th last year I started trading full time again. I have lots of small forex broker accounts where Ive tested various EA's as I'm sure lots of you have also done. None of them have had any sustained success and I currently use only 1 robot now and will never buy another. I have also tried countless signal providers over the years without much success and now have come to the conclusion that my own trading is best! It provides me with a decent living and if things go wrong I have only myself to blame but as always it's never any use crying over spilt milk! You learn from your mistakes and move on.
My main trading account is now up 238.48% since August 15th 2013 and as of today. I set myself weekly targets and nearly always achieve them. I love Harsha's signals as he is extremely good at picking the entry levels and if you look back on this thread I spent an awful lot of time back testing them and analysing the results before I would risk putting my own money on the line on somebody else's say so. The signals complement my own trading and in actual fact are really boosting my profits. Today for example I banked 83.40 pips solely on Harsha's signals and my own technical management of them. Quite often I may close one of Harsha's trades and only take 10 to 15 pips profit if my indicators are showing exhaustion and then I will re enter at a better price. The secret is learning to manage them and that only comes with experience and time.
As for how much money I will put into the new account, I've thought about this from a subscribers point of view and realistic returns to be made each month. As this is only for Harsha's signals and I will purely be entering and managing them I have decided to fund with around 2,500 GBP. I anticipate a monthly return of 20 to 30% which will equate to a profit of 500 to 750 GBP. I will of course be trading the signals with my own trading in my main account.
I live in the UK so all trades will be placed before or around the London open. I hope this gives you a bit of background information and understanding of me. I have been a member of this forum for a long time but never posted until recently as I tend to be a private person.
to babysit the signals all the day. Hence I'm not prepared for trend changes and I miss a lot opportunity and also get full SLs on earlier signals. I started to follow this signal a couple of weeks back but I'm under the water now. I'm not panicking because I use DEMO account here.
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