Forex trading signals, good or bad idea?

Forex trading signals, good or bad idea?

Forex trading signals, good or bad idea?

Services trading signals are virtually all that are spam, with the exception of the execution of trades. Using an automated program, such as MT4, a trader "professional" can generate trading signals which it sells to its customers.However, you may pay for trading signals that you do not know in any way how they were generated.

You have no idea about the trade, you just know that the "professional" tells you it's the right time to buy or sell.In the end, you rely on the analysis provided by a third person!In fact, as part of a traditional signal service, the programmer created a set of technical indicators so that the program put in place work on these indicators. If the price action meets the conditions of service, signal an alert or a pop-up windows so the user can react.

It is ultimately the user to decide whether to follow the trading signal or not.While it seems beneficial to the user that he can always choose whether or not to follow the signal, in fact, one should be careful because these services are based on signals of a constant set of rules. However, the foreign exchange market, regularity does not exist. Therefore, a trading signal that has proved correct in the past may not be in the future.

When you're ready to buy trading signals, you should always ask why, if these signals are so effective, its creator is willing to share them? Why not use them for his own benefit?As for robots trading, the scam is not related to the service itself, but marketing is about selling signals.

Many programmers who are advertising their signal on specialized sites or on the forums, leaving dangling tens of thousands of dollars or even millions of euros. If these signals were so profitable, that famous "professional" does not take the time to get into a business benefit to the sun but millions earned through its trading signals! Now you know that we must avoid such dubious offers more than ...

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