NexusFi: Find Your Edge


Home Menu

 





forex trading signals


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one forgiven with 1 posts (0 thanks)
    2. looks_two xplorer with 1 posts (3 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Tymbeline with 1 posts (0 thanks)
    1. trending_up 1,644 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

forex trading signals

  #1 (permalink)
 
forgiven's Avatar
 forgiven 
Fletcher NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 862 since Mar 2012
Thanks Given: 287
Thanks Received: 580

forex trading signals ..there are a lot of people selling them..is any worth a damn over time... they show a lot of roses but has anyone had any true profits. thanks for feed back

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
Are there any eval firms that allow you to sink to your …
Traders Hideout
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Exit Strategy
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
  #3 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,944 since Sep 2015
Thanks Given: 15,447
Thanks Received: 15,291



forgiven View Post
forex trading signals ..there are a lot of people selling them..is any worth a damn over time... they show a lot of roses but has anyone had any true profits. thanks for feed back

hi... my personal philosophy on signals for sale is, why would anyone sell a signal if it's successful. Why would not they trade those themselves?

Reply With Quote
Thanked by:
  #4 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 644 since Apr 2015
Thanks Given: 2,342
Thanks Received: 1,054

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?

Reply With Quote




Last Updated on May 25, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts