Are you guys using Forex Signal?

SexyJake

Newbie
5 1
Hello guys

I'm trading Forex about 2year now. I using FBS broker.
Anyway, how do you guys think about Forex Signal? Do you guys think it really trustful? and Can make a profit?
At the first time, I used Paid signal during the 2month, I think the win rate is slightly over 50~60%.
but you know that there is a huge dropdown or some of signal required longterm trade.
So my account balance just slightly increased. I just doubt about, it is quite meaningless to using paid signal.
In nowadays using free signal is not bad. because there win rated the same as a paid signal. of course they offer just a few signals in a day.
but I'm quite satisfied. So. do you guys have some recommendable free signal?:rolleyes:(y)
 
Last edited:

hatemypips

Established member
572 41
Hello guys

I'm trading Forex about 2year now. I using FBS broker.
Anyway, how do you guys think about Forex Signal? Do you guys think it really trustful? and Can make a profit?
At the first time, I used Paid signal during the 2month, I think the win rate is slightly over 50~60%.
but you know that there is a huge dropdown or some of signal required longterm trade.
So my account balance just slightly increased. I just doubt about, it is quite meaningless to using paid signal.
In nowadays using free signal is not bad. because there win rated the same as a paid signal. of course they offer just a few signals in a day.
but I'm quite satisfied. So. do you guys have some recommendable free signal?:rolleyes:(y)
Best signal is the one that comes from your experience and hard work. Others are BS
 

J_C_Anderson

Active member
131 24
It is extremely important to each trader to have his own opinion and to execute trades based on it. If the trader would just execute someone`s trades, you will be fully dependable on their performance. That is why it is necessary to develop a strategy, that would be suitable for you according to personal preferences and psychological features. The trader should feel compfortable while trading, otherwise it could make him to breach the rules of the strategy, that would influence the final result.
At the same time, if you have consistent results, you can try to provide trading signals yourself. Of course, in such case you would need to prove your performance - for example, to share your trading statements.
 

pwandler

Newbie
2 0
I have never used free signals only paid ones. Some of them brought me profit and also some of them are devastated my account.
I do trade on my own, but I don't spend much time trading forex, so I am always looking for good trading signals.
Through the years I learned to avoid signals with high monthly revenue. Those are the most dangerous ones. Now I have only one subscription which earns 4-5% in every month. Not much but at least it is stable.
 

coughs

Junior member
18 0
Never. I always felt uncomfortable of others managing my money thats why I want to learn..
 

Akinozragore

Active member
114 7
I'm not sure that paid signals are the best solution for Forex trading. I think it is better to spend a little more time, but to find a deal that will bring more money. I think that in order to learn to earn regularly you need to understand all the basics of trading, then you will be able to find interesting situations on the market at any time. You are talking about a return of 50%. It seems to be good. But... If you don't define the entry point by yourself, how can you do something if the signal doesn't work? So you need to analyze the situation yourself or just drop the deal. As for me, this is not the most profitable format of work. Add to that how much you have already paid for. I think it is better to spend the same money on studying and personal development.
 

hatemypips

Established member
572 41
Hello guys

I'm trading Forex about 2year now. I using FBS broker.
Anyway, how do you guys think about Forex Signal? Do you guys think it really trustful? and Can make a profit?
At the first time, I used Paid signal during the 2month, I think the win rate is slightly over 50~60%.
but you know that there is a huge dropdown or some of signal required longterm trade.
So my account balance just slightly increased. I just doubt about, it is quite meaningless to using paid signal.
In nowadays using free signal is not bad. because there win rated the same as a paid signal. of course they offer just a few signals in a day.
but I'm quite satisfied. So. do you guys have some recommendable free signal?:rolleyes:(y)
I used trading signals but it's not easy to find professional vendor. Most of them are scam and their true performance is hidden or manipulated on websites where they offer services. I think it's a profitable business but only for signals providers and brokerages which love clients which trade in a loss. I decided that this type of passive income is not for me and now trade manually with Hotforex.
 

AdamCantor

Member
93 9
Hello guys

I'm trading Forex about 2year now. I using FBS broker.
Anyway, how do you guys think about Forex Signal? Do you guys think it really trustful? and Can make a profit?
At the first time, I used Paid signal during the 2month, I think the win rate is slightly over 50~60%.
but you know that there is a huge dropdown or some of signal required longterm trade.
So my account balance just slightly increased. I just doubt about, it is quite meaningless to using paid signal.
In nowadays using free signal is not bad. because there win rated the same as a paid signal. of course they offer just a few signals in a day.
but I'm quite satisfied. So. do you guys have some recommendable free signal?:rolleyes:(y)
i dont like signals i dont think they are efficient in the long term but they are still so widely used so maybe i amwrong.
 

Nuadarne

Member
85 10
It seems to me that forex signals are a good tool for beginners or those who do not have enough time to analyze the market. Another thing is that it is not so easy to find effective signals that would provide an excellent probability of earning money. I would still check them and be ready for what they can lead to is not quite the result I expected. For me, the signals are more like an opportunity to pay attention to the assets that now have the greatest potential. But again, after that I will do my own analysis of the situation again, and only after I am convinced that I should act now in the market and I will use it. Anyway, in my opinion, a good trader is the one who knows how to assess risks and make the right decision in this situation.
 
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