July 2015 - Negative Month
I would like to apologize for delivering a losing July especially considering that I am new here.
This particular loss (AUD/NZD) revealed an error in my initial assessment and weighting that I've been able to analyze against the context of a similar trade I had to bail on a few years ago. Conditions were different yes, but I've already found some useful data comparisons that make sense and I will learn from it as much as possible.
For followers who have been affected by this I have spoken to Nick about offering 2 free months and believe he is making arrangements. I think it appropriate because of 2 types of trades unexpectedly experiencing losses within a week and a half. The majority of the time the different types have a smoothing effect but obviously add the potential for a larger spike of DD when simultaneously negative of which this month's example I believe is now the worst ever.
Investments in any asset class have fluctuations and draw down at times and this doesn't hinder my belief in Forex in the least. I will continue to show my worst trades along with the best and work to improve my trading. Losing months like this do not scare or intimidate me, instead they only serve to steel my resolve and I have built up a history of growing equity in turn after protecting capital.
I would also like to add that the example of "SteadyCapture Live" being negative this month is in no way a reflection upon an increased amount of market risk and/or increased risk to any other SP's trading. Such is the nature of Forex and this month's losing trades were specific to difficulties in some setups of my trading alone. I am still completely confident in myself, what the ForexSignals.com team is doing and in the ability of the followers and members to make money.
I thank you for your interest and high expectations, it's what drives me to improve.
Best Regards,
SteadyCapture
I would like to apologize for delivering a losing July especially considering that I am new here.
This particular loss (AUD/NZD) revealed an error in my initial assessment and weighting that I've been able to analyze against the context of a similar trade I had to bail on a few years ago. Conditions were different yes, but I've already found some useful data comparisons that make sense and I will learn from it as much as possible.
For followers who have been affected by this I have spoken to Nick about offering 2 free months and believe he is making arrangements. I think it appropriate because of 2 types of trades unexpectedly experiencing losses within a week and a half. The majority of the time the different types have a smoothing effect but obviously add the potential for a larger spike of DD when simultaneously negative of which this month's example I believe is now the worst ever.
Investments in any asset class have fluctuations and draw down at times and this doesn't hinder my belief in Forex in the least. I will continue to show my worst trades along with the best and work to improve my trading. Losing months like this do not scare or intimidate me, instead they only serve to steel my resolve and I have built up a history of growing equity in turn after protecting capital.
I would also like to add that the example of "SteadyCapture Live" being negative this month is in no way a reflection upon an increased amount of market risk and/or increased risk to any other SP's trading. Such is the nature of Forex and this month's losing trades were specific to difficulties in some setups of my trading alone. I am still completely confident in myself, what the ForexSignals.com team is doing and in the ability of the followers and members to make money.
I thank you for your interest and high expectations, it's what drives me to improve.
Best Regards,
SteadyCapture
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