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Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

forex trading signals

  #4 (permalink)

Elite Member
Leeds UK
 
Futures Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
 
Tymbeline's Avatar
 
Posts: 429 since Apr 2015
Thanks: 1,044 given, 547 received

There are thousands of people trying to sell signals.

Given the law of averages, or law of large numbers, or statistical reality, or whatever you want to call it, there will always be a few of them who have had a profitable 6-month period.

Unfortunately, there tends to be no correlation at all between such "services" having been profitable over the last 6 months and their being profitable over the next 6 months, which is what concerns potential customers.

Meanwhile, it may be perfectly true that their current subscribers have indeed made some money. So technically, the answer to your question is probably yes. The "catch" is that that isn't in itself a valid reason to subscribe to them.

The ones that happen to have been profitable recently will always be the ones advertising their results the most, won't they?

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