Have you heard of the Forex Flash Signals service and you are wondering what it is all about? This is a new currency trading signals website that allows members to join and receive alerts whenever there are opportunities to trade and make money. It uses a swing trading method that is designed to take a huge number of pips out of every trade that it makes.
By following this signals service, I can expect to trade in any currency pair as long as an opportunity presents itself and I am alerted about it. There are different types of memberships for clients to choose from that best fits their own needs. The person behind this service is Tony, a professional trader who has been swing trading for many years now.
1. Do the Forex Flash Signals Really Work?
Statistics show that most traders only average about 40% winning trades out of all their trades. Historically, this service has shown that it can definitely beat the average, achieving about 70% to 80% winning big swing trades. Tony teaches his members that focusing on a near 100% winning trading system is not the way to go if the amount of pips earned for every winning trade is too small.
This theory has made a lot of sense to me after I had read through the training materials in the membership area, and have since improved my trading profits. Currently, I am still using only a small sum of money to trade with this service, and the returns have been good. Of course, this new service will still need further testing before it can be concluded that it really works in the long run and be relied on for income.
2. What Are the Risks of Using the Forex Flash Signals Service?
Because of the swing trading nature of this system, you need to know that losing trades may also cause 100+ pips and is to be expected. Thus, traders who want to follow and profit from this service must be mentally prepared for this type of volatility in their accounts.
