[groovenator]

One side that is clear as day to me but that people like you never bother discussing James is the fact that a good signal service can bring in money over the long term. Some people do not want to do Forex their whole lives and rather do nothing while living off the profit a Forex business like a signal service makes. They hire a good trader to make trades for the signal service; they make their customers money and retire to a beach somewhere never having to do any work again in their lives. If you charge $300 per person per month and have $500 people that is $150,000 per month $100,000 after expenses. I would think it better to sit on a beach in the Bahamas making $25,000 per week than sitting in front of your computer 4-45 hours a week.

You also need to consider people with busy lives that would rather get good signals than trade full time. You need to think about new traders who rather be in a chat room full of traders receiving signals so they can learn at an accelerated rate.

You make out the service provider to be a bad person scamming innocents. The reality is what you seem to miss, most people that sign to a signal service are good trader. They sign because it can simplify and improve their trading. The service provider themselves can be failed traders trying to get rich or they can be honest people wanting to retire from retail trading.

In life and especially in Forex it is best to look at every angle before making a rash decision. This is something you have failed to do today by writing this post.

You may ask why am I defending signal services, I am not I am defending a man I respect and admire greatly. That is my mentor who has turned me into a successful trader, he runs a signal service and while I have no idea about the quality of the calls yet I do know his reasons for running a call room. He wants to retire from trading Forex and a good call room equals good income.

I hope this post has opened your eyes to the different situations and possibilities. Now I would like to offer something, calling trade from a Blog is hard because people need to constantly check the blog to get the latest info. I would be more than happy to provide everybody here with a chat room to use. Everybody here can learn from each other in the room and James you can give your calls.

Everybody has an agenda for some its money, for others its ego. Nobody ever truly does something for free.