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Trading with Trendsignal trading software is a unique approach to trading the markets. Whether you are a total beginner, a day trader or a professional - whether you are spread betting or futures trading and whether you trade equities, indices or forex, successful trading requires market knowledge and an ability to predict market trends. Trends change every minute of every day. Trendsignal will help you identify the trend to make you money. Trading with Trendsignal software takes the guesswork out and puts the profit in.
Total trading beginner
*** PLEASE READ MY REVIEW OF TRENDSIGNAL ***
GOOD POINTS: Good and polite client/technical support when you first join/after.
Slick looking Ensign software that has to be installed on your personal computer/device.
Trades of the day that are published on their website are very good and clear.
BAD points: NO training not to place trades before/after the release of economic events or announcement for e.g. if you are trading Cable (gbp/usb) and there was Manufacturing PMI being released around 9:30 am the Ensign software will not tell you this and you can easily get stopped out depending on the win risk ratio…This is normally around 20 pips therefore this would be £20 * 20 = £400 loss due to bad teaching and economic Announcements based on Cable (gbp/usb). Remember that is £400 loss!!
Also, the trainers (at the time) did not tell me about economic events being released (this was at the time few year back)
UGLY points: Software is quite expensive for what it does approx.. £2700-3000
Ensign subscription is prices around $30 which again is quite expensive
Upgrade costs are very expensive even for existing clients… for example to join them was around 2700 and to upgrade for one of their other courses its around £2700 - again, quite expensive. Personally it should be half price or less. Ensign software installed on my windows 10 kept on crashing which resulted in being reinstalled 5 times! I am waiting for them to launch the software web based as its almost impossible for me to check my laptop every min while I am at work!!
Overall, think this company is quite good but there is room for improvement. Courses are very expensive.
IF MONEY IS A STRUGGLE THEN PLEASE THINK ABOUT IT...cheers AND GOOD LUCK!
My background - I have traded casually for 10 years slowly getting better but still somewhat erratic. I work full time and have a young family so am time poor
My aim – like many my costs are rising faster than my income so looking for an additonal income stream
Why did I choose Trend-Signal? – I just got a good feeling from speaking to them
Why I am reviewing? – I greatly appreciated the reviews I read whilst assessing Trend-Signal but found there were not that many
My experience, getting up to speed - for the first 2 weeks I just joined the Friday beginner’s webinars and let it sink in. All workshop are recorded so you can view at your leisure but it is good to do in real time so you can ask questions. For the third week I joined the beginner’s webinar, had one of my 3x 1 hours mentor sessions (over Skype) and joined the Mon + Thu trade review workshops. The following week I had my on site training day at HQ near Milton Keynes and my second mentor session. The next week I had my final mentor session. I started trading three weeks after purchasing (the evening after I attended the on site training). I would say I spent around 30 hours studying and getting setup ready to trade. I found all the training without exception to be high quality
My experience, trading – at the start I was spending around an hour of effort each day assessing and placing trades + two hours each week on webinars. Trading is now down to around 45 minutes a day (quick checks at 6, 10, 14 & 18 for S4 then D1 work from around 21:30-22:05 and the final S4 check too. I seem to have my head around the strategies fully now and am not making mistakes. I’m still joining the twice weekly trade review webinars for now largely as I enjoy them rather than because I need to
As I have trading experience I’m fighting my old opinions and habits that are not in line with the strategies. On the plus side I am used to coping with winning and losing, occassional market gapping and navigating broker platforms
Results (21/09 to – 20/10) the all important part. After exactly four weeks of trading D1 is positive just over 1000 pips and S4 is negative nearly 100 pips. S4 trade size is nearly x4 higher than D1 trade size (as recommended). So taking off all expenses and the net result is my account is up 4%. It has fluctuated between 8% down (I started with a poor run) to 9% up (followed by a fantastic run) then largely sideways with some small drops
Summary – so far so good especially as I endured a poor initial week but really really early days. This appears to be slow but steady, not a get rich quick scheme but hopefully not a get poor scheme either. Whilst you can trade with a small pot I think that given the once off cost and fixed monthly costs I suspect you need at least 5K of trading funds to make this worthwhile. With the power of compounding profits I am optimistic. I will look to update my results here each month
My total account is down 2% overall (net). Since 21/09 (was up 4%) I have had a small S4 profit but taken a hit on D1
I have seen that the monthly performance stats fluctuate and it is very early days but I have to give a rating so will reduce from 9 to 8
I stopped trading S4 towards the end of Nov as I was struggling to fit this in with my other work commitments, in 2 months I lost 3.5% of my pot. 2 months is a very small timeframe so not too many conclusions can be drawn
I have just stopped trading D1 for the year and my pot has increased by 13% over the 3 months I have done this. Very reasonable considering that I took a big hit right at the start. I have put on some of my own trades (a mixture of markets I used to trade with erratic results) and my pot is up around 25% point over the last two months from these alone
Pot is up just over 30% in 3 months. Be prepared for runs of success and runs of failure (maybe I felt that spending £4K would mean a smoother income than the reality) - it is very hard to start with a bad run when you have invested a considerable sum of money in the strategy but it can happen. I do believe in the Trendsignal strategy and that you can follow the rules without using any discretion and make money, however it is absolutely no get rich scheme. There are ups and downs but the long term trajectory should be up
As a reasonably experienced trader I have noticed a real benefit in putting my experience together with the Trendsignal education and appear to have hit a sweet spot using my old chart knowledge coupled with the Trendsignal exposure to new markets and discipline. Could I have learnt some of this without spending £4K? Yes, but since taking the course I have been a far better trader and believe I have changed rather than just had a couple of lucky months. I leave my review as 8, over and out
Worth the investment!
A little background... I am not a beginner. I have been dabbling, unsuccessfully, for about 2 years before TrendSignal. I understand the concepts of trading and technical analysis but I have had no formal training aside from reading countless books. Don't worry if you are new to this, everything you need to know will be covered as part of your training.
To begin - I wasn't a big fan of the sales pitch. I attended the sales webinar which was heavy on potential earnings but light on anything tangible. I was definitely sitting on the fence afterwards but eventually decided to go ahead. It is an expensive system ~£4k all in plus the recurring $50 (yes, dollar) cost to use the charting software going forward
I have been using the system for just over a month now and so far, everything that was talked about in the sales pitch seems to be true. I have only been using the daily strategy on the forex pairs and in the month of August '17, I am 465 pips up. That is only using the daily strategies as I don't have time at the moment to do the 4h one.
To cut a long story short, you can make a lot of money out of this but you need to take it seriously, treat it like a job and follow the rules which includes risk management, probably the most important element of this whole system - in my opinion. This is not a get rich quick scheme, it is a program that will provide you with the tools and training to make more informed trades and shift the odds in your favour. Make no mistake, you will have losing trades, to expect otherwise would be ridiculous, but with this system, you will have more winners.
As for the training and support - brilliant. I cannot fault them at all. The trip down to the head office in Luton was well worth it. Even if you think you know everything they will cover, you will still benefit from atttending. Most importantly, it will give you a better understanding of how their strategies work. That was the turning point for me, I went from still being very skeptical of their strategies because they seemed like a black box to understanding more about what drives them and understanding that they work on very sound principles. It just helps with the faith when the trades seem to be turning against you.
The one on one training sessions were just as good although it will probably be different for each person. There are obviously a set of core things that need to be achieved in each session but the trainers are patient, have a lot of experience of the system as they use it themselves and will likely tailor the lessons to the individual.
In short, I cannot recommend them enough and in my mind, it is definitely an investment worth taking but you need to be clear that is what it is. An investment... of time and money.
I look forward to finding out how the next few months go and I will keep you updated. If you have any specific quesstions, leave a comment on this review and I will do my best to respond quickly
A very disappointing way to lose money and time
I have also been rather disappointed by the time taken - before you sign up it suggests you can get returns in 20 minutes a day - but several months in I am still taking significantly more without counting the 2.5 hours a week of webinars which are the only way of checking the trades, or the time spent trying to keep track of all the (failing) trades. Certainly it does not catch the time to do the shorter time periods (which are losing less money than the end of day charts). I think there are some people at trendsignal who are honest about what they are offering but some of the material they send you by email or with their information is very misleading. Personally I would not use this unless you will have a good 20K trading account for this strategy after paying thier software fees and don't mind taking some serious losses for a good few months/year to see if you can get it to work (as well as a very understanding family who do not mind you spending at least one day a week on this full time for the first 6 months to a year after the initial training).
Fantastic Product from a fantastic customer focused company
There will be no presentations with Bentlys or round the world holidays in the background saying you can have this. There will be no "theres only 6 spaces left on the course" You get honest chat on the products they provide with stats to back it up.
If you are considering this, ask for the stats. I can only say that the stats I was provided was accurate and now that I am trading 8 of their strategys, I can vouch that the stats we talk about in the webinars are accurate. It would be foolish to over egg as the system is very easy to back test.
like most folk I have been round the block with different systems and owners of them promising riches. Trendsignal will not promise you riches, you will get successful strategies and if followed corrctly with a sensible suitable staking plan your account will definately grow.
I cant recommend them enough and hope that more strategies are released soon
A great product meeting all my needs
Since then, I have made 3,541 pips profit!!
Just following the rules and “ end of day” trading as well as trading the S4, I was able to accomplish this total.
The system is easy to use, the software very reliable but most of all the continued support (via coaching, workshops and technical support if required) is priceless. The coaching ensures you know what you’re doing and the twice weekly workshops reinforce what you have learned and help confirm that you’re doing it right. Great stuff!
Thank you so much!
If you are serious about becoming a full time trader I'd recommend Trend Signal!
The training day was great as you can tell straight away that Trend Signal is professional run business that have real knowledge of the financial markets, the day was packed full of information and to be honest I was tired when the day finished, I was not looking forward to the drive back to Edinburgh! I had my first 1 hour training session with Mike my Trader Coach a few of days later and this has also been great, any questions I’ve had have been answered fluently giving me a complete understanding in what I’m doing. I have Mike on Skype so any question any time of the day I fire off a message and Mike responds promptly.
I started off using too many strategies that didn’t suit my current workload so I have since stripped it back so it easily manageable in under 30 minutes each night, the set and forget approach is great if you currently have other commitments. The rules based approach also suited me because if you stick to what your taught and keep clear from being a revolutionist you will see that Trend Signal does work in real time and just as well as if you were to back test the results.
I started a brand new Demo account on mon 30th of May 2016 and have grown the demo balance from £10,000 to £13,753.00 risking 2% of my account on each trade. I reckon you can start using Trend signal with a couple of thousand pounds though. I was successful in my results before this trial but I was taking on too much and missing opportunities so I thought I’d start a fresh as a review before I felt I was competent wouldn’t give Trend Signal much justice.
The education behind this is much more that looking for indicators and placing trades blind. You can see from what your taught the reason you are entering the trade and the reason that it is likely to go in your favour. This is not a get rich quick scheme, you need to take time and commit to learning but I think that’s better than copying some Trading Guru’s trades, if he/she was to get hit by a bus tomorrow where do you go from there. I’ve spent the last two years, and several thousand pounds trying to perfect trading and only now do I finally feel that I’m well on the road to success. The price tag of Trend Signal makes it too expensive for most to try out but I was encouraged by the fact that it is not some £199.00 get rich quick scheme with a money back guarantee that never stands up.
I have given a lengthy review of my experience so far because when I purchased trend signal I couldn’t find many reviews from people that have actually purchased and are implementing the strategies taught, I’ve since come to the conclusion the people probably only shout from the roof tops when things are going wrong with a product. I am happy to answer any questions regarding my review.
Good Product nice people.
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