Comments on: Am looking for a good forex signal service?

By: Curtis S

Curtis S — Tue, 30 Nov 1999 00:00:00 +0000

I have been told that to really get serious about FOREX one must only do it under British organizations ONLY. As they are very strict about how a client is dealt with and moreso than any place else worldwide doing FOREX trading.

By: Peter

Peter — Tue, 30 Nov 1999 00:00:00 +0000

Hi there.

Good question. I have been around the block a few times with respect to foreign exchange trading. Most signal services are just scam. Recently I found a pretty good one that comes out for free (as long as it lasts of course) Just go to http://www.completetraders.blogspot.com Do some paper trading first and see how it works out. Their rather shortish track record looks fine to me. Good luck!

By: HazaBaza

HazaBaza — Tue, 30 Nov 1999 00:00:00 +0000

You can always try Forex trading robots which make you money on autopilot. I'm currently using 3 profitable ones which are making money for me but of course try any forex products on demo accounts first until you get confident.

By: rruiql u

rruiql u — Tue, 30 Nov 1999 00:00:00 +0000

Hi, my name is Phil Poland. I've been in Forex Trading for over five years and literally spent over ten thousands buying various Forex systems.

There are over 300 EAs available in the market… plenty of hype too, influenced demo testing and promises have been made by the developers…

Selecting the quality robot can be a daunting task.

When I first started researching and using these different software programs, I noticed something startling. ONLY FEW SHOWED ME PROOF THAT IT WAS EASY AND MORE IMPORTANTLY, THAT THEY WORK!

For more information: http://reviews1st.com/ForexRobots

By: Jayson

Jayson — Tue, 30 Nov 1999 00:00:00 +0000

I just read nice guide on forex, It's called Insider's Guide to Forex Trading and I would reccomend it to anyone trading on forex. If you want to make money on forex this could be most important book you'll ever read!
It covers everything there is to know about Forex trading.You can find more details here:
http://choprz.com/pz02x/

By: Investor Profit

Investor Profit — Tue, 30 Nov 1999 00:00:00 +0000

consistent dividend from 2% to 15% monthly is all you want
The reliable and safe investment is myfxfunds (My FX Capital)
search for myfxfunds in yahoo search engine for more information.

By: fx

fx — Tue, 30 Nov 1999 00:00:00 +0000

There are lot's of Forex signals providers out there. New Forex traders might be thinking of looking for a reliable Forex signals provider. Is there any reliable Forex signals providers available?

Personally, I will say do not pay for Forex signals. Think about it - if a Forex signals provider sells Forex signals for living, you can doubt their Forex trading skills? Or else if they are pretty good in Forex trading and making lot's of profit, I am wondering why do they still bother to sell Forex signals for money. Thus, what would be the value of such Forex signals providers? The answer is ZERO.

There are Forex traders who have been relying on Forex signals arguing those Forex signals providers really help them making money in Forex trading. These Forex traders can even show their Forex trading logs as evidence. After some though, I came out with the assumption that assuming I am the owner of a Forex signals provider, in order for my business to be in black, obviously I need some satisfying customers. If I have 100 new customers this month, I send out buy signal for the 50 of my new customers while the another half with sell signal. At the end, I will able to have "some satisfying customers". Finally, free advertising and testimonial will be made available.

By: sam

sam — Tue, 30 Nov 1999 00:00:00 +0000

AIG was be a best stock to invest if you plan to invest for a long term, because AIG is too big to fail and beside AIG no longer need government bailout money. if you invest in AIG are now you returning profit is 10-30 times in 3-5 years.

By: bestimtools

bestimtools — Tue, 30 Nov 1999 00:00:00 +0000

Of course, it is not easy to find a good one, because there is one problem with the business model of Forex signals.

Who is generating signals for you? If this is a software, well, that's not my choice because I prefer real trader to do that.

Now, are there signals generated by the real traders? Yes.

But a really good trader will work only for nice money. Even if there are 1,000 or even 10,000 subscribers to a signal service, still the money is not big, compared to what a professional trader can make by managing a pool of $1,000,000 and taking just 20% (from the monthly trading profit) from that.

So, it is absolutely logical that the majority of good professional traders simply do not waste their time on sending signals, they trade big money (within the framework of forex managed account service) and have very nice % from it.

This is the best model for professional traders, because this is how they can sit on a very nice money, forex managed account service gather for them big pools of money, and they manage the money.

How can you make a great trader switch to the signals business models, when this trader is getting huge % from managing the money of the clients of Forex managed account services? This is impossible. That is why do not get surprised why signal services are most likely to get not the best traders.

P.S. If you are interested about more Forex anti scam tips - read this blog post with behind the curtain information http://www.forexmoneymanager.com/forex-managed-accounts-anti-scam-guide/