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Old 09-09-2007, 08:28 PM
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nina nina is offline
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Hi!

Weekly Review attached.

I'd like to say something now about news trading in order to help newbies.

As you know, there are news trading services with propietary software that click for you the righ moment the data is out. Those services charge $250 - $300 monthly. They let you know their subscribers make a lot of money and they send you a lot of mails claiming big profits. Well, that's not true. It used to be, but not now. Brokers don't like "spike" traders and they flag them. A lot of them widen their spread from 15 to 100 pips and they do not execute or don't fill at all. And some, fill you, freeze you and when you are in a loss, they let you know.

Take care.
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