TrendSignal

Rainmaker

Active member
201 3
Hi there. Pls, if you are (or you've been) with TrendSignal,, could you then let us know who is the Spread Betting firm they deal with? It's fine saying ''I make so many pips daily, etc.,'' but I've heard there are many dishonest brokers out there trying to catch u out who behave like sharks. So, pls, any advice on this would be really appreciated. Thanks a lot. Min
They use ETX
 

Dee281

Newbie
1 0
Trend signal tried to sign me up......NO WAY would I fall for the happy get rich quick platform, there's no such thing, they are trying to sell the dream. keep your money and have a nice holiday to remember :) Keep your money and learn a real skill in the real world.
 
Last edited:

minarque

Junior member
15 0
Thanks a lot, Rainmaker. I appreciate your answer about whom does TRENDSIGNAL use as a broker.
I think that, after a very long and frustrating journey, full of ups and downs, I've finally cracked their system; in other words, I've unscrambled their fancy coloured coded signal. It's taken me forever but now I want to test it for real.
I think they charge you circa £4500 to join, plus then a regular £30 (or more!) monthly fee. I think it's disgusting! But there you are: more and more people join them out of curiosity and, I think, frustration too. So, again, thanks, mate.
Cheers. Min
 

TradeByTheRules

Newbie
1 0
I traded with Trendsignal (mostly EoD but tried some 4hr) for a year or so and just lost money all the way. Definitely not worth the initial 4k outlay.
 

panda

Member
91 2
Thanks a lot, Rainmaker. I appreciate your answer about whom does TRENDSIGNAL use as a broker.
I think that, after a very long and frustrating journey, full of ups and downs, I've finally cracked their system; in other words, I've unscrambled their fancy coloured coded signal. It's taken me forever but now I want to test it for real.
I think they charge you circa £4500 to join, plus then a regular £30 (or more!) monthly fee. I think it's disgusting! But there you are: more and more people join them out of curiosity and, I think, frustration too. So, again, thanks, mate.
Cheers. Min
Btw it's now £40 p/m for charts and £20 p/m membership

So, hows the system performing ?
 

Rainmaker

Active member
201 3
Btw it's now £40 p/m for charts and £20 p/m membership

So, hows the system performing ?
IMHO still badly. I subscribed to the DT2 upsell, which looks on paper, but assumes no slippage, etc. It eats up your equity and assumes perfect execution. There are many losing trades when the market is choppy, and you often don't ride the winners. Beware the positive posts and reviews as Trendsignal rewards members for these.
 

panda

Member
91 2
Thanks a lot, Rainmaker. I appreciate your answer about whom does TRENDSIGNAL use as a broker.
I think that, after a very long and frustrating journey, full of ups and downs, I've finally cracked their system; in other words, I've unscrambled their fancy coloured coded signal. It's taken me forever but now I want to test it for real.
I think they charge you circa £4500 to join, plus then a regular £30 (or more!) monthly fee. I think it's disgusting! But there you are: more and more people join them out of curiosity and, I think, frustration too. So, again, thanks, mate.
Cheers. Min
@ minarque
hows your results of the "unscrambled " system ??
 

laughin

Newbie
7 2
Have used this system for 8 months, it looks good in theory but in practise it has so far been the opposite. It has had a very bad run since January 2019, and has lost over 5000 points. Prior to this the the profit curve looked decent. This is certainly the worst run it has had on visual inspection of the chart in the last 6 years. Since January its best month is about 700 points with a couple of months losing well over 2000 points. I guess your account could be decimated before it turns around, but that is par for the course with any system. My account is down about 18% since I started but I fortunately missed a couple of bad months. In my opinion I would not buy this system as it is far too expensive for its returns based on 2019. I think it is primarily aimed at novices who have not got a clue about trading. The staff of TS are very good at talking up the system so gloss over any of its inadequacies. I am currently down around £7000 with the cost of D1 and associated losses, so buyers beware. Hopefully it can rack up a few good months before I have to switch it off. I'll let you all know!
 
Last edited:

laughin

Newbie
7 2
It has a profit chart showing Pips back to 2013. According to chart it is 72,882 pips up. But as I said 2019 has been
dreadful, so I can't vouch for any of these other years. On visual inspection all years have been profitable until now, irrelevant though if you were not using system.
 

panda

Member
91 2
They (trend signal) are very reluctant to show results.
you can, if you ask in the webinars, get an approximate pip count for the month/year but, generally, loses are glossed over and users are advised to play the long game
It seems they have introduced regular "tweaks" to try and improve performance
One positive is that users are now using charting center instead of ensign, which is much more user friendly and has some shortcuts for signals
 

laughin

Newbie
7 2
They (trend signal) are very reluctant to show results.
you can, if you ask in the webinars, get an approximate pip count for the month/year but, generally, loses are glossed over and users are advised to play the long game
It seems they have introduced regular "tweaks" to try and improve performance
One positive is that users are now using charting center instead of ensign, which is much more user friendly and has some shortcuts for signals
Panda, i noticed you stopped using TS about 2 years ago from posts. Also that you didn't really make any money during this time, according to their chart TS made about 7000 pips in 2017. Did you not pick up any of this? You are correct they have made tweaks to their other systems but not to D1 and that is having a nightmare this year with no sign of it turning around. Far too expensive for results like this.
 
  • Like
Reactions: Rainmaker

panda

Member
91 2
Correct, i did stop trading ts approx 2yrs ago, but, like a fool i have re-subscribed every now and then just to see how its performing and if anythings been improved
I did make pips and also lost pips, what i did learn (about me) is that the whole 10pm thing didn't suit me
They have made tweaks to the D1 - since moving to the CC package there is now a very nice scanning tool and a nice trade calculator tool which cuts the time considerably, but, the results just aren't there and as you say, they have had a hiding in recent months
 

laughin

Newbie
7 2
Thanks for the reply. I am either going to cut the size to a minimum for D1 or stop trading it until there are some improved results, but I honestly can't see this system paying for itself. I wonder if they are telling prospective clients how badly its done for the last 10 months.
 

panda

Member
91 2
Thanks for the reply. I am either going to cut the size to a minimum for D1 or stop trading it until there are some improved results, but I honestly can't see this system paying for itself. I wonder if they are telling prospective clients how badly its done for the last 10 months.
I guess most people, when shown the pip count for the last 5-6 yrs blank out the fact that there has been and will be big drawdowns
I know when i signed up i had visions of making 1000 + pips p/m and kin of ignored the blips (mental thing i expect)
How long have you been with them ? edit, just saw earlier post, 8 mths, must of been just as performance dropped off in March/April
 
Thread starter Similar threads Forum Replies Date
F First Steps 2
M First Steps 0
C First Steps 5
R Trading Software 0
H Trading Indicators & Systems 1

Similar threads


AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock