Watch Live Trading Today

Mark | October 22, 2008

We recorded our trading live from today, Wednesday October 22nd. This was a good example of why we wait for the system to give us the “all clear” to enter the trade. You’ll see how well it kept us out of choppy trdaing conditions at least until we got a set-up that triggered based upon our rules. As we point out in the video, sometimes “winning” trading has to do with knowing when to be out of the market. There’s plenty of times you are safest on the sidelines. You can check it out here:

Live Trading Video for Wednesday 10/22/08

If you prefer, here’s our Dow e-Mini live trades we took on Thursday — 2 wins – 1 loss and a nice profitable end in just over 30 minutes:

Live Trading Video for Thursday 10/23/08

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One response

I think your system looks very easy to grasp.I have

terry | October 27, 2008

I think your system looks very easy to grasp.I have been trading fx with some degree of success but could do better .How much does it cost can’t see anywhere the price?
Regards Terry

NetPicks Reply: You can scroll to some of the posts here to see links to the order/info pages or even better, attend one of our free weekly live webinars — you get a much clearer picture of what’s offered. Thanks.

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HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY FOREX TRADING ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN, IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR FOREX TRADING PROGRAM

ONE OF THE LIMITATIONS OF HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL FOREX TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL FOREX TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL FOREX TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR FOREX TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL FOREX TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE FOREX MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC FOREX TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL FOREX TRADING PERFORMANCE RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL FOREX TRADING RESULTS

PAST RESULTS OF NETPICKS IS NOT INDICATIVE OF FUTURE PERFORMANCE. THE MONTHLY AND COMPOSITE ANNUAL RESULTS SHOULD BE VIEWED AS HYPOTHETICAL. IN REALITY, THE RESULTS DO NOT REPRESENT THE TRACK RECORD OF THE METHODOLOGY ORIGINATOR OR SUBSCRIBERS. THIS ALSO MEANS THERE IS NO GUARANTEE THAT ONE APPLYING THESE METHODOLOGIES WOULD HAVE THE SAME RESULTS AS POSTED. SINCE TRADING FOREX SUCCESSFULLY DEPENDS ON MANY ELEMENTS INCLUDING BUT NOT LIMITED TO A TRADING METHODOLOGY AND TRADER'S OWN PSYCHOLOGY, OUR WEB SITE DOES NOT MAKE ANY REPRESENTATION WHATSOEVER THAT THE ABOVE MENTIONED TRADING SYSTEMS MIGHT BE OR IS SUITABLE OR PROFITABLE FOR YOU

In addition, it’s important to understand and accept that there can be data outages and server failures. The brokers system might not be functional, the auto trading servers might have technical difficulties and there may be times where communication between accounts, the broker and the auto-trade program are not functioning properly. This can lead to greater risk. Forex markets also do not always guarantee exact fills. Periods of fast markets can cause greater degrees of slippage and less than ideal fills. There can be no guarantee that your account will always be able to enter and exit at the programs ideal entry or exit point.

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