Has anyone else equated “hypothetical results” with “complete snd utter bull sh*t”?
I won’t mention which service I am using but I have faithfully used proper money management and have reacted to signals only when they are immediately issued and have only been able to just about break even after a month and a half of trading.
It seems to me that the service I am using is constantly chasing trades, missing the bulk of any gain and getting you in at the tail end when it is about to reverse.
Is this the norm for these types of services? I really thought “how can I go wrong, they certainly know more than me”. Are they designed just to get you to trade often so the broker can collect the spread? The results are certainly skewed. Absolutely no doubt about it.
Live and learn I guess.
I would really like to hear others experience. Am I just bitter or is this really a bad way to trade. It certainly seems like it.
Services that don’t teach you how to trade and just offer signals are probably not the best way to go. Because if that service goes offline, then you are stuck without knowing how to bring in money with the forex… join a service that will educate you, and then you wont need the service forever… and that should be your outlook…
Also, anyone one in my opinion that takes trades blindly without knowing whats going on in DETAIL is just asking for trouble. IF there was a quick way to make money, everyone would have found out about it by now
Remember, you are responsible for each and every trade you placed. Not the signal service, not the trade alert service, nothing. Its time to learn, understand and educate if your really serious about doing this…
Who was the guy in the news, andrew hall , the citi bank guy that wants his cut of the profits he MADE for citi bank? 100 M is just his % of the actual profits… he knows something, and isn’t using a signal service.
If you want to be like that guy, you gotta do the work…
