Signal Providers

limerickmick

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Hi all,

hope to get a response this time . i'm a newbie and tried technical analysis for last few weeks without much trading success. way too many indicators and conflicting signals. however i did get a weeks trial with a company and while i didn't trade , all of their 4 signals were a success.

can somebody please recommend a reputable signal provider or inform me as to their experience with same. i am also looking for a software product and would be delighted to hear from anyone with their recommendations.

thanks
 
Hang on isnt captain currency in your neck of the woods ? Think he does fund management and of course his 3 ducks method is online to quack about with :)

I mean perhaps someone or CC does an alert service on pairs that individuals can execute for themselves , if thats what the client is looking for etc...

How much time do you have for you to " be available" to execute these orders etc... as opposed to managed funds etc...
 
Hang on isnt captain currency in your neck of the woods ? Think he does fund management and of course his 3 ducks method is online to quack about with :)

I mean perhaps someone or CC does an alert service on pairs that individuals can execute for themselves , if thats what the client is looking for etc...

How much time do you have for you to " be available" to execute these orders etc... as opposed to managed funds etc...

cheers for response and just interested in hearing what type of service people receive from providers prior to making further commitments
 
cheers for response and just interested in hearing what type of service people receive from providers prior to making further commitments


Market is dynamic and trading is not just about the entry signal.It is more about money management,entry,exit,trade management,profit management,risk management etc

OILFXPRO
 
Market is dynamic and trading is not just about the entry signal.It is more about money management,entry,exit,trade management,profit management,risk management etc

OILFXPRO


thanks for response oilfxpro and many thanks for your postings on the cable breakout system which i am intending to trade.

your comments are very apt at the moment as i am currently spread betting on forex but away from computer from 8 am to 5 pm so need to get a company that facilitates trailing stop losses. think that would be a first step towards improving money management.

cheers again for response
 
Hi all,

hope to get a response this time . i'm a newbie and tried technical analysis for last few weeks without much trading success. way too many indicators and conflicting signals. however i did get a weeks trial with a company and while i didn't trade , all of their 4 signals were a success.

can somebody please recommend a reputable signal provider or inform me as to their experience with same. i am also looking for a software product and would be delighted to hear from anyone with their recommendations.

thanks
limerickmick, look no further. I am more than willing to help you and am one of the only persons on here capable of profitably managing your account.

I have one of the longest running threads and one of the only ones consistently making profitable calls.

Please ask other members here about me.



DT
:)
 
Hang on isnt captain currency in your neck of the woods ? Think he does fund management and of course his 3 ducks method is online to quack about with :)

I mean perhaps someone or CC does an alert service on pairs that individuals can execute for themselves , if thats what the client is looking for etc...

How much time do you have for you to " be available" to execute these orders etc... as opposed to managed funds etc...
3 Ducks has never proved to be a profitable strategy. In fact you won't find any consistent calls on that thread.


DT
:)
 
Hi all,

hope to get a response this time . i'm a newbie and tried technical analysis for last few weeks without much trading success. way too many indicators and conflicting signals. however i did get a weeks trial with a company and while i didn't trade , all of their 4 signals were a success.

can somebody please recommend a reputable signal provider or inform me as to their experience with same. i am also looking for a software product and would be delighted to hear from anyone with their recommendations.

thanks

have a look at the systems on at Collective2 - The Trading System Authority.

It's fair to say if they're a reflection of the services available, don't rush in.

That's not to say none are worth a look, but don't be fooled by randomness. There's a lot of systems there and at any point in time, some have to look good.

UTB
 
Again OILFXPRO.... you are bang on.,. limerickmick please dont waste your precious time on this earth puzzling over systems and signals..etc etc...

This may sound a tad cheesy but...

you would be better to spend your time trying to understand what the market is, and how it lives and breathes.. i.e know your enemy...

If you believe that a "system" will work then dont you think we would all have worked it out by now ? and if we had would we be sharing it with every Tom Dick and Harry on the internet ???

Having a "strategy" in terms of signal buying and "systems" etc. does not work PERIOD... I defy any one to prove it over a meaningful period of time !!! results on a postcard boys...

OILFX hit ths nail squarly on the head... your trading activities should take into account everything from your own emotional profile through to money management, through to risk...

It never fails to amaze me how many people believe they can learn to make money by trading ... its bizarre !!
 
Normbeef

If somebody gave u signals ,and u get 7 losing trades in a row and it has cost u additional pips for signal services,will u carry on after the 7 th trade?Now u are in a loss

Join the 95% club!

OILFXPRO
 
have a look at the systems on at Collective2 - The Trading System Authority.

It's fair to say if they're a reflection of the services available, don't rush in.

That's not to say none are worth a look, but don't be fooled by randomness. There's a lot of systems there and at any point in time, some have to look good.

UTB

another useful link - fx245.com. This forum is for people who auto-trade forex signal providers - and the last time I looked nobody was doing too well. Each system does well for a time but then blows up as the market shifts. I suspect this is ever more pominent in forex, with so many people generating new automated systems for so few currency pairs.

UTB
 
have a look at the systems on at Collective2 - The Trading System Authority.

It's fair to say if they're a reflection of the services available, don't rush in.

That's not to say none are worth a look, but don't be fooled by randomness. There's a lot of systems there and at any point in time, some have to look good.

UTB

In my opinion Collective site is fully of rehashed freely available systems sold for a price and signals by some of the top scammers

OILFXPRO
 
In my opinion Collective site is fully of rehashed freely available systems sold for a price and signals by some of the top scammers

Is there anyone anywhere not involved in scamming ?


Paul
 
Is there anyone anywhere not involved in scamming ?


Paul

Paul

After spending years on message boards I have yet to see an honest service. I will probably not see it in this life


The following applies to all types of ''make you a fortune' software ,signal service,horse betting signals service.. (especially Horse Racing, Markets, Forex etc etc etc)

If the software or signal service was any good, then the owners would be using the software/signals to make money, not wasting their time selling it to you .....

... the fact they ARE selling it means they can make MORE money selling the software/signals than using it to play the markets

OILFXPRO
 
... the fact they ARE selling it means they can make MORE money selling the software/signals than using it to play the markets

Well that is true but I am not of the belief that a successful trader would only ever trade and not try other commercial activities. In fact it makes good business sense to diversify income streams and does not mean that you are a scamster if you do. There can and probably will be times when a trader cannot trade due to illness or other life activities and if that is their only source of income then the money stops coming in.

Also it is true that even for highly successful traders a lot more money can be made selling that knowledge than just trading with it. There are examples of trading seminars (run by people who don't know how to trade), that are held where 150 people attend at £2K a time over a three day weekend.

Work that out and it is £300K for three days work.

Now I don't know of any real traders who can make that kind of money risk free in three days. But if a proven trader were to go ahead and decide to do something like that then I would applaud it. The idea that if you are any good at trading you would never do anything other than trade for your income does not make any sense to me and does not make sense from an income diversifying strategy either.


Paul
 
Paul

Trading requires a lot of concentration and if you are successful u devote all your positive energies to trading, cause u are risking billions of dollars of other people's money.Professional traders can't go moonlighting.

Great Currency Traders - Forex Trading | MetaTrader Indicators and Expert Advisors
CRB Trader Archive


"1998: Volume 7, No. 3
The Mind of a Trader: The Most Profitable Trading Tool of All
By Alpesh B. Patel

"You made how much?" I screamed down the phone to the calm voice on the other side of the Atlantic. Tapping away at my calculator, I continued in disbelief, "but that means you earned for Salomon Brothers an average of $250,000 each and every single trading day for eight years!" I resisted the urge to faint, or swear.

I had spoken to many successful traders, but the conversation with Bill Lipschutz, with whom I had had the above conversation, former global head of foreign exchange and managing director at Salomon Brothers, stuck in my mind for the size of his trading successes.

This was my point of arrival, after having spoken and interviewed, even cross-examined and interrogated, the world's leading traders. The original quest was to find what, if anything, they had in common despite their differences. I did not want the trite and over-used "cut your losses short, set stop-losses, etc., etc." type of insight. Traders know to cut their losses short, they want to know they are cutting it short and not cutting a potential profit short. Too often the trite rule has missed the real difficult issue.

Nor did I want advice which only the professional trader could use or understand. I wanted to discover something for professional and private traders alike. I wanted to rip out and hold in my hand for close inspection the very heart of trading success.

Any conclusions would be irresistibly and irrefutably strong (as well as hopefully being insightful and original ) because it would relate to trading itself, not just one product, or technique or tool or country. I was not disappointed.

The common element that linked them all, and separated them from their less successful colleagues was their frame of mind; their attitudes to trading, to losses, to open positions, to profits, to success and failure. Indeed, they redefined success and failure itself. Their perspective was unlike that exhibited by any less successful traders. They had a way of viewing trading such that if you were to force them to trade according to a particular system, they would still be more profitable than their colleagues using the same system. They added a value to any potentially profitable trading technique and tool to turn it into a superior profit maker.

A list of the main traits these leading traders exemplified follows:

Opportunity Knocks the Door Down

Since kindergarten each of us is taught to grab opportunities for they do not knock twice. It is precisely that type of advice, which is so useful in other walks of life, but detrimental in trading.

Many traders, armed with their trading plan or strategy, will often hastily and prematurely enter a trade. Their decision is often driven by fear; the fear of the missed opportunity. Their mind will be screaming, "quick get on the trade, you're going to miss it, so what if all your criteria for entering a trade have not been met? Most of them have, so get on the trade. The big traders wouldn't hang around."

The inevitable result is that the trade will not be profitable or as profitable as it would have been had the trader waited for the precise moment to strike.

In trading, the fear of the missed opportunity leads to many avoidable losses. And the game of trading is as much about avoiding losses as about capturing profits. The leading traders have a different perspective on opportunity. Counter-intuitively they know opportunity knocks once, twice and then kicks the door down. They know that if this trade does not feel absolutely perfect, there will be another one along in a short while. That knowledge alleviates and over-rides any fear. That knowledge is the key to unlocking greater profits by waiting for all the trade entry criteria to be met and not cutting corners.

Bill Lipschutz summed it up when he said, "Out of 250 trades in a year, it comes down to five, three of those will be wrong and you will lose a fortune and two will be right and you will make a fortune; for the other 245 trades-you should have been sitting on your hands."
 
Unfortunately, i think collective does not allow to track performance of non automated system... i mean human based decision...

edit : i tested and it seems available to human trading but you have to pay after 5 trades..
i think fxstreet has also a tracking service.. i will have a look..
 
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There are so many subjects being discussed here... I think perhaps what this all boils down to in the end is that logical "standard" human behaviour is always trying to make sense of nonsense... by this I mean so many people I have seen on this site are looking for a "formula" or a lesson that will teach them how to tame an animal un-capable of communication..

Why o why o why ... does there have to be a "system" ???? perhaps this is why they are asking in the first place...

Perhaps ask this.... why did I make a killing this morning on GBP/USD & GBP/JPY.... ??? answers on a postcard...

if you cannot understand this opportunity when it knocks.. then stop loosing money and go back to the day job...
 
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