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Hi Everyone,
i i would really like your thoughts on sites like { the santarelli exchange } and the like. some charge up to $200 per month i was wondering if they are worth it and if so what are the best sites ? I understand there must be many scams out there. I am very new to trading im only 2 weeks into a 3 month course so im still paper trading at the moment. so let me know what you think.

Thanks Guys

Like buying anything, you have to be able to value it. Of course, its better to be able to understand it but when I buy a car I can't even name all the components of the engine. But I can look at other cars and see what they charge for the same thing and if they add anything extra that improves performance or comfort.

It would be very silly to buy a car that does not have performance data on e.g fuel consumption. It would be very silly if the firm would not even tell you what sort of engine it had.It would be nice if they could produce a satisfied customer.

So, what do you get for your money?

jstra said:

Hi Everyone,
i i would really like your thoughts on sites like { the santarelli exchange } and the like. some charge up to $200 per month i was wondering if they are worth it and if so what are the best sites ? I understand there must be many scams out there. I am very new to trading im only 2 weeks into a 3 month course so im still paper trading at the moment. so let me know what you think.

Thanks Guys

Click to expand...

just gamble on which site might provide profitable signals and which are scams.

Before subscribing to any trading guru, I would strongly suggest going to check if he is already exposed here, because 99% are pure scammers, selling failed strategies and front running the sheep...

https://www.tradingschools.org/

A couple of weeks ago, there was a similar question, though in relation to live trading rooms as opposed to signal services. I tried to convey my experience/findings, pros/cons in my reply - see here for my reply thread details.

There are a high number of companies offering deals to provide education for anything from £2,000-£12,000 (!) for 2/3 day courses. These are to be avoided in my experience as if you could learn how to trade successfully in 2 days, then surely everyone would do it? You get the basics for sure, but is that enough to fork out that money?

There are also a number of signal providers that charge a one off fee-again in my experience these are to be avoided. Why are they charging an upfront fee and not a monthly retainer?