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Leeds UK
Market Wizard
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 647 since Apr 2015
Thanks Given: 2,347
Thanks Received: 1,057
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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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