Forex Signals: Look For Horses Not Unicorns

Forex Signals: Look For Horses Not Unicorns

Using Forex signals is one of the fastest and easiest ways to make money trading Forex. The concept is simple.Someone who already knows how to trade Forex sends you the trade, and you just have to enter it into your trading platform. Unfortunately, too many inexperienced Forex traders are looking for unicorns when they should be looking for horses.

Let me explain...

As you know, horses are real animals (you've probably ridden one before). But unicorns are a mythical creature with the body of a horse, a horn and wings. And while they are very similar, one is real and one only exists in your imagination.

When I say a Forex signal service is a unicorn, this is what I mean. It is a service that focuses on telling you how easy it is to trade using their signals. They tell you experience is unnecessary and you can profit every day. They make it seem like you'll instantly start trading like a Pro trader and you don't have to worry about losses.

What they don't focus on is who they are, the methods behind the signals themselves and the fact you need to be prepared for losses by using sensible money management. They don't want you to know they are not real traders without any real experience. They don't want you to know the signals are produced by some software program and not a real trader.They don't tell you real profits are made by slow and steady increases of your account, and not huge overnight wins.

On the other hand, a signal service that is a horse is very different.The signals themselves come from real traders with years of proven experience.They combine the signals with training so you can learn to trade like a pro. They teach you the areas of trading you need to know to succeed like using proper money management, using correct lot size and having realistic goals.

Many traders know unicorn signals services are too good to be true, but they play the IF game anyway.They think "if" they can only find a unicorn signals service they will make more money faster and easier than using consistent horse signals. They spend all their time, energy and money looking for something that does not exist. If they would just start using a horse signals service, they would already be much closer to their goals.

There are Forex signals that can provide real trade opportunities from real traders.They can also teach you how to trade the signals like a pro and without using novice methods that turn winning trades into losers. But those services are horses... not unicorns.

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