This is not accurate and a bit unfair.
We’ve actively monitored this topic since it’s inception. We’ve actively monitored this member here and elsewhere. We’ve been aware of the current feedback, which was echoed in the past, and we’ve acted appropriately where we saw fit to do so.
Signal-type topics have their pros and cons. They aren’t all inherently bad. We see the benefit of a signal potentially benefiting a signal user in helping to identity key levels of entry and exit. Of course that depends on whether those signals turn out to be correct or not. And that’s for the user to determine (hopefully on demo). Signals will provide that information rather immediately. The user will decide if the signals are working or not working. And if they don’t work, we hope the user quickly moves on to something else - like developing their own system.
If signals do work, users usually take two paths. They continue to use the signals, until the performance changes. Or they continue to use the signals and attempt to figure out how the signals are generated (usually without help from the author). In our best case scenario, where the world is perfect, new traders WANT to know the origins of the signals, in hopes of being able to pinpoint those same entries and exits in the future. The signals are a reference point to further their learning. If those signals worked in the past, how can I identity similar scenarios where I can enter and exit the market again.
On the other hand, and we’ve seen this ourselves in the past, signal services are an area of forex scams. We’ve discussed this at length in our own School lesson, which you can read below.
It’s a reality we’re well aware of.
Unless a signals author is willing to share with you the details of the signal, you’re left guessing as to the specifics of the strategy/system at hand.
So there is good and bad in our opinion. We’ve let the signals user determine the merits of the signal being provided and whether there is any benefit.
We’ve taken this stance many times in the past with other topics and authors, allowing our readers the benefit of making that decision ON THEIR OWN instead of us making it for them.
But we’ve always taken feedback from the community to help shape our policies and moderation efforts, often times where the community has seen an issue that we might have overlooked or taken a different position on.
So for the time being, we will close this topic and discuss the concerns many of you have presented, as well as contact the OP for his feedback on those concerns.
As always, thanks for your patience.
Pipstradamus