Hi, i am technical analyst.. i have developed certain indicators that has 80% accuracy.. i want to start trading on higher level and for that i need a proper approach towards investors in various fields so that they can bank on my talent and allow me to trade for them. So since you are Boss how would you react it? I am looking forward to fix up some meetings and do you really think i can crack-up.. Do you think such talent needs to be given a chance. the indicators i have developed they require huge investments and great money management plan that i already have. So can you pls put your views on it and give me some tip for the scratch. thanks.
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about forex indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
This question was about forex indicators and there have been some pretty good answers that should help in your trading, and especially in relation to forex indicators, the answer has been posted in the categories listed below:
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You will need credibility beyond your own self assessment. Current clients is one source. Writing a newsletter where you are on record with your strategy and it has worked out in time is also a good way. Back-testing is useful, if it is done with proper methods, but few people understand how to do it and how to prove it is not just "curve fitting."
Getting rich people to trust you with their money is primarily via word of mouth. This has it’s risk for them, however. Think Bernie Madoff. If you have one among your clients, that’s a good start. If you don’t, there are ways to do it beyond the scope of this answer.