Bad steak

during last 2 days everything seems like falling apart for our new subscribers ( for some reason number of them increased dramatically during this week ). Not only they got on a bad steak of ours and lost money while others are still in profit from beginning of this month but we got some different mails that you ( new subscribers ) have some various problems with following our signals. We've posted it earlier on this blog ( we try to delete everything but signals after some time to keep our blog clean signals blog ) and probably need to add it to the rules :

1. If your broker doesn't provide extra digit ( For example : for EURUSD fifth digit , for EURJPY third digit etc. ) and we have called a pending order , please make sure that you don't make your pending order closer to current price. Make sure that it will first go through our pending price and then yours.

2. For some brokers pending orders open with spread range. For example if pending order is at 1.54234 and spread is "2" then on Buy Limit/Stop this order will be activated on price 1.54214. If you are client of broker like this then you should place pending order 2 pips higher.

3. Stop loss - As we don't post stop loss points on every single trade on our blog we recommend to use standard 80 pips stop loss just to make sure that you are safe from fast runs. ( in case of GBPJPY which took a place yesterday we had 3 positions with the same take profit opened , that means that you should have the same stop loss as for the third one which was opened last )

4. Always use money management . Some followers contacted us and said that they were running out of money when GBPJPY positions were open. We advised them to close them just to don'y blow up their balance. "Luckily" price went way up higher and they got "saved" . We hope that next signals will bring them their money back.

5. Blog resources are very limited and its hard sometimes to make sure that you have a chance to close your trade not far away from our close point. This problem will be solved at our web site because we are developing Live Trading Room script which will give you a full coverage of everything thats going on. And you'll be given opportunity to be ready when entry/close signals is coming up. also you'll be provided SL and TP points.

6. To maximize similarity we will start to call more pending orders and give more TP points for some trades ( this won't work for all strategies that we use ).

there are many more questions which you've asked but amount of them wasn't so massive and we answered them personally.

Good luck and stay tuned. Don't forget to set your mails for any kind of sound notification when mail has arrived.

Feel free to send us your questions at our email.