Forex Signals Service

Forex Trading Vicious Circle

Learn a currency course / e-book / webinar / system / signal service... Test it for a short period with small size / demo account If it is not profitable --> return to step 1. If it is profitable --> use it with a larger account On the long run - the trader lose money: The trader does not have enough knowledge of the systems he trade. Day trading signals are not always clear. Lack of discipline. Mental pressure cause misjudged decisions. Back to step 1.

Using currency trading systems without sufficient knowledge and experience will surly trap you in this vicious circle,
but why does Forex Signals trap you? Are all trading signals services scammers?

No, what most tradres fail to understand, is that using a day trading signals service can be profitable only if
All the following conditions exists:

• No decision making by the trader
  The Trader has no knowledge / experience with the trading systems used by the fx providers!
  Decision making (what target to choose? which stop to use? ...) will lead to failure.
• Clear and detailed alerts.
  Ambiguous signals like multiple targets / stops, unclear entries / exits,
  will lead to misjudged decision making by the trader.
• Precise managing instructions.
  A good forex signal is not enough! The Provider must help the trader manage the signal with clear precision.
• Profitable Trading Signals Performance
  The forex signals performance must be the same as the Trader's performance.
  A situation where a trader lose money from a trade while the signal service earn money from it, is unbearable and cause bitter disappointment to the trader.