How to pick, how to select, how to use trading signals

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Author: Guy Avtalyon, data analyst

This tutorial, Trading With Signals, will show you all types of trading signals, no matter if they are Forex, market or stocks.

The most important, Traders Paradise wants to show you how to pick, how to select, how to use trading signals.

But also how to recognize signal seller scammers and the best signal providers.

What are the benefits of using trading signals

The benefits of using them include better trade results in a shorter time.

If you would rather trade online, you will find developed electronic trading. They use standard trading sources and analytical programs using technical indicators. That can help you to catch more profitable trades and grow your account.

Electronic trading platforms use crucial indicators to help you to monitor the market. How does it work?

The trading platform sends the signals to your phone, tablet, or computer to provide you to act immediately.

Forex signals are extremely useful for all of you with limited time to analysis or if you are a new trader.

What trading signals are

The trading signal is an alert that you receive, letting you know that it is time to long or short a market.

A trading signal isn’t executed automatically.  That means you’re able to take the time to analyze the market yourself. And later, decide whether the risk profile of the particular trade fits into your overall trading strategy.

The fact is, making money is fun and sexy while the process of making it may not be so sexy.

But we took some facts to show you how incredibly sexy trading with signals is.

So, Traders Paradise’s primary goal is to show how to use the trading signal for your own benefit.

Trading with signals can give you an advantage.

They will alert you to unusual volumes, options, activities. Sometimes it is a great challenge to find a real run from a genuine trader, to be honest.  The biggest advantage of a stock trading signal is the rapidity of the decision. Many traders find themselves stuck with analysis and never really know when the best time to buy a stock.

Stock trading signals remove your emotion and hesitation that trading stocks can cause. 

Signaling is based on the idea of asymmetric information, which is a deviation from perfect information. This means, in some transactions, disparities in access to information upset the normal market.

The market can send out powerful signals.

Forex signal will provide you everything a robot does but without the execution of trade entries.

Besides this, you can find, a professional trader to generate trading signals for clients.

They are unified information from technical analysis tools, like currency pairs for example. Trading signals will help you to make the right prediction and execute a successful trade at the best time.

But you have to know one fact, with using the trading signals you don’t have a guarantee that you’ll make a profit from your trade. The point is to increase your chances of trade. That is exactly what trading signals will give you.

Of course, especially if you mix them with other methods of technical and fundamental analysis.

You may ask if trading signals work. The answer is Yes!

And in this tutorial Trading With signals, our author, Guy Avtalyon will show you how.

He will give you numerous instructions on how you can use trading signals, who are trading signal providers, how to avoid signal provider scams.

What are the trade signals?

Trade signals are simply an alert based on technical indicators, that it is a good time to buy or sell a certain asset.

If your signal provider believes an asset will go higher or lower, he or she will contact you through a message, email or software. Your choice is to follow or not. Trade signals may come in different forms. It can be bull or bear pennants, rectangles, triangles, and wedges, also, head-and-shoulders chart patterns.

Trading With Signals

Bull pennants

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Bear pennants

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Rectangle Signal form

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Triangles Signal form

Wedges Signal form

Trade signals may also bring attention 

You will receive the signal when the trading system determines all rules for a new buy signal are fitted. So, you can place buy order.

Stock trading signals are based on technical analysis.

What does it mean?

Technical analysis is research on price action.  An example of a stock trading signal. A company was given a new buy trading signal, let’s say in April 2018. The buy recommendation signal for this stock looks very profitable. With potential gain over 150% in a few months, it is clear you will follow this signal. Another incredible stock trading signal came in July 2019 on another company but the same industry. A gain is over 300% in only 60 days. 

What you have to do? To follow the signal, of course, and buy the stock.

But let’s see the other example. You got a signal that the stock price of some company will decrease up to 250% in the next 6 months. Will you hold that stock until the D-day? Off course not. You will sell that stock as fast as possible and reduce your potential loss. The point is that you will receive the trading signal only and just only when all criteria are met. 

Using signals in volatile markets can help you to point out opportunities and also will signal you if they disappear.

 

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There are many types of signals systems.

We can define the type of FX signal by the functions it has, and the way it operates. Manual and automated Forex signals are permanently available in the Forex market. So, we can easily interpret them as the main types.

You can find some for free, others for a fee. Remember that a trustworthy service should provide you information about profiting and stop-loss, also.

 

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A forex signal is a proposal for entering a trade on a currency pair. It has to show you a specific price and time. The signal is provided by a human analyst or by automated Forex robot if you are a subscriber of the forex signal service. Signals have, let’s say, timely nature. So, it is very important to receive them fast and smooth. You can do that via email, website, SMS, RSS, tweet or other direct methods.

The signal providers are focused on sending signals based on technical analysis. Such signals will show you short and long-term price trends. A minority of signal providers work on fundamental analysis or price action, meaning gives extremely short-term trade ideas. It is useful for scalping, for example.

The signal in the stock market is developed by George Lane. It is an indicator that estimates the connection between an issue’s closing price and its price range over a predetermined period.

George Lane (1921 – 2004)

A short note about George Lane (1921 – 2004).

 

He was a securities trader and technical analyst, among other activities. He developed the stochastic oscillator (also known as “Lane’s stochastics”). Today it is one of the main indicators used by technical analysts. George Lane’s described his famous indicator: 

“If you visualize a rocket going up in the air – before it can turn down, it must slow down. Momentum always changes direction before price.”

 

This is very important because you have to understand how to use the indicators in Forex trading. You have to know how to determine the best entry and exit points for your trade. 

So, stochastics includes two elements: %K and %D.

%K is calculated with this formula:

C is the most current closing price

L14 is the low of the 14 past trading periods

H14 is the highest price traded through the same periods

%K is the current rate for the currency pair

%D is a 3-period moving average of %K, called %D

The idea is: as the price of security progress, the closing price will drop closer to the highest point during the trading period. When the price drops, the close will come closer to the lowest low. 

Momentum always changes direction before price.

Hence, Stochastics sets up at or before the final price low.

This method reveals price turning points by comparing the closing price to the price range.

The stochastic is settled by default as 14 and 5-days sessions.

Here is an example of the 5-period stochastic oscillator 

 

%K = 100 * (Price – L5) / (H5 – L5)

%D = ((K1 + K2 + K3) / 3)

 

Where H5 and L5 show the highest and lowest prices in the past 5 days. %D is the 3-day moving average of the %K (the last 3 values of %K).

There is only one strong signal when you work with %D alone. It is a difference between %D and the examined security.
Stock trading signals are simply the implementation of a trading system or method.

The actual signal is given when a traders system determines all criteria necessary for a new buy signal are met and a new buy order can be placed by the trader.

Stock trading signals are most often associated with technical analysis, which is a study of price action and derivatives of price action.

An illustration for a technical analysis price indicator may be a Moving Average or MACD. There is a thousand method that stock signal may be given.

 

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An example of Moving Average

Trading stocks can be extremely profitable when you find trading signals that are confirmed as effective. Stocks signals may help you to predict the market. Investing in stocks with real trading signals is easy. The signal will be sent straight to your device, your app will get live rates on different assets.

How does stock signal app work?

The software scours social media and accumulates posts, comments, etc that include keywords of interest.

All data is filtered to produce impressive statistics. To tell you the true public opinion, giving an in-depth insight into public minds. It doesn’t matter if you are using chart patterns, indicators, or whatever, the signals will determine the time to enter or exit a trade. 

Let’s say you are a swing trader. And you entered the trade at the right time, just when the price started to move in the right direction. Yes, but you would like to know when the price will reach its turning point. Because you will like to exit the trade just before it.

Reversal chart patterns can be very effective to identify the point at which price direction is going to change. That will allow you to exit the trade before the trend reversal. 

Stock trading signals also provide you information into situations in which you would like to analyze either hedging or increasing a position. Hedging means taking a position to offset a possible loss. 

Market signal

The market signal is hint or information stated quietly and very often without particular intention between shareholders and other participants in a market.

For example, a firm issuing bond indirectly indicates that it needs capital and that there are reasons (such as the desire to retain control of the firm) for which it prefers loan capital over equity capital.

Market signals are based on political, economic and market conditions. So, by using them you will not make a trading decision on rumors you will do it based on facts.

That is a kind of advertisement in which the main aim is to inform the trader that a particular enterprise has more advantage. The market signal is any activity of rival. You can find two ways to deliver market signal: send news and activity. The main goal of the market signal to make the customer think that the company has more strength in comparison with other rivals.

The rivals have different motives. In order to decrease the market price of competition some can reduce the product’s prices, that is a competitive signal. Or, they can announce adopting new engineering technology. That is an example of indirect target news with a purpose to decrease the strength of the rival company from the same industry and, as a result, it’s the rival’s stock price will drop on the market. The reputation in the market increases when some company’s sales increases and vice versa.

All those news are market signals.

Let’s take a look at the experts’ definition.

In contract theory, signaling is the doctrine that one party credibly sends some information about itself to another party.

For example, in Michael Spence’s job-market signaling model, employees send a signal about their ability level to the employer by getting educational credentials.

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The informational value of the credential appears from the fact that the employer believes the credential surely has greater knowledge. Also, the employer could think that low ability employees are unable to reach.

Can you see how the credential lets the employer to surely discover low ability workers from high ability workers?

The same comes to market signaling. Signaling is based on the idea of asymmetric information which states that in some economic transactions, inequalities in access to information upset the exchange.

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Let’s assume that two participants in the market could meet the problem of asymmetric information when one of them send a signal that would expose some part of the relevant information to the other participants. That would cause an adjustment in buying behavior. The other side may offer a higher price, for example. In case they didn’t receive the signal, everything would stay the same. There are, anyway, many difficulties that these participants would immediately run into. But…

So we can say, the market signal is any activity by a rival that gives a direct or indirect sign of its intentions, motives, goals, or situation.

Forex signal

Forex signals behave like a trade alert for the currency market.

In Forex, trading signals are used by traders all over the world. They help them to make crucial decisions about trades.

Trading signals in Forex are one of the most valuable tools you can have. Almost all traders prefer to use them because they can profit from proper signals. A trading signal is completely a suggestion of when and how to trade. The information is based on special price analysis. The trading signal is commonly formed by an expert or it is formed by the program which uses multiple technical indicators.

By using a trading signal you will be methodical. All you have to do is to find a trustworthy source that is compatible with your trading strategy. Find a signal provider able to provide the individual support, and a ‘strike rate’ of previous signals.

Trading signal has to show you the entry point.

Your entry point shows you the price level at which to open a trade on the forex pair. The signal must show the level which will trigger market activity and it will be your entry point.

Some signal providers will automatically create the order to open a new forex position if the price hits the settled level. That is a great advantage because you don’t need to be in front of your device when the entry point is breached. The other choice is to set a price alert at the entry point level. Then you can manually open a trade when the alert is triggered.

Trading signal has to show you the exit point.

A good trading signal must provide you with two exit points. It must indicate where to close every position formed as a response to the signal. This means it must show the stop level and the limit level. The limit level is where you could make a profit.

The stop level is important information because it is the point where you have to close the position if your trade is moving unfavorably. That will protect you from taking a loss. 

The limit level will show you the point where to close the position if the trade is moving in your benefit. That will secure your profit. 

For example, the signal could indicate a short-term price rise will result in a reversal. Well,  you would like to pick a profit at the peak of the rise, just before your earnings go reversal.

Stop and limit levels are an essential component of your trading plan. That’s why the good trading forex signal must have the exact information about them.

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It notifies traders when to enter or exit a trade.

Signals can be recognized into three groups:

News trading signals
Technical signals
Real-time trading ideas – Webinars

The first one in the list is the fundamental approach to Forex signals. This signal aims to get the news release as quickly as possible and provide a trader to gain the maximum level of profit in a short time.

Forex signals often come with daily or weekly commentary and analysis.

Technical trading signals are simply trading tips on the basis of technical analysis.

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That means you trust the experience and follow the record of the signal provider. You are sure it is the best Forex signals service. You may prefer to trade on this data rather than to open trade on your senses.

Technical Forex signals are usually given along with various risk management strategies. The purpose is to guarantee minimum losses if the plan does not act as it was originally supposed.

Most online Forex signals have this feature. So, searching for the best Forex trading signal provider can be a much harder and longer task. General knowledge of Forex signals may help you in finding the best Forex trading signals provider. Forex signals can be received from many firms that have this service. Also, you can get them from top Forex brokers. They provide them for other traders.

Forex signal is an impulse for entering a trade on a currency pair, typically at a specific price and time. The signal is produced either by a human expert or an automatic Forex robot.

Forex signals must be timely. So you will need some very fast communication. You will receive the signals via email, website, SMS, RSS, tweet or other comparably quick methods. And you can find a lot of them for free. 

To find the best for you, try to search: best free forex trading signals, free forex signals live, live forex signals no registration, free forex signals providers, free forex signals online in real-time, free forex signals software, etc. Services that you get by signing up usually vary from provider to provider. You can receive almost anything from performance trackers, email, or SMS alerts, customer support via email or phone and, of course, advanced analysis.

Forex signal providers must protect their strategies. That’s why trading with them always means full trust, to some degree.

Forex signal providers fall into four categories:

Free signals
Paid signals from one provider meaning personal or algorithmic analysis
Paid signals collected from many signal sources
Signals provided by trading software settled on your computer, that is a forex robot or Expert Advisor

What are the main services offered by forex signal suppliers:

  • Accurate or approx entry, exit, and stop-loss numbers for trades on one or more currency pairs
  • Graphs and analysis for the signals
  • Trading records with the number of pips profit/loss and the risk/reward ratio and real trades for one month.
  • Personal mentorship, or additional communication with the signal provider 
  • Account management whereby a signer’s account can be traded by the signal provider
  • Educational resources, over the internet or phone
  • A trial period for a lower price

These are the main features of a signal supplier, but all of the services don’t offer the complete list of services.

Are you going to use Forex signals or not will depend on your personality and trading plan, right? 

In case you are a highly active individual with little time to spend on a thorough analysis of the market, Forex signals offer an alternative to manual trading.

If you want to learn the mechanics of trading in detail, you will get a very modest benefit from subscribing to these MQL5 Forex alerts.

 

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The appliance of signals depends on your level of proficiency in trading, your expectations and main goals. But there is one discouraging factor concerning Forex trading signals –  the high price.

Stock trading signal

Trustworthy stocks signal providers can help you to predict investing in stocks. They will send you the live trading signals straight to your device. You will be able to get real rates on different assets.

The advantage of using stock trading signals is the speed of the decision. Many traders find themselves stuck with analysis and never really know when the best time to buy into a stock trade is.

Stock trading signals remove the trader’s emotion and indecisiveness that trading stocks can create for individuals. Besides, to buy signals, every trader should be able to get a sell signal from the system which is used.

 

But some traders don’t think that is necessary to use stock signals.

And they are pointing at several reasons. They claim there are several tools that a trader can use to get a good idea about future stock movement. But they are talking about tools, you should keep it in your minds. Because even if tools indicate one thing, there is no guarantee the stock will move in that direction.

Others claim, if you’re paying a subscription for a signal service now, the only sure winners are the signal providers. On the other hand, if someone somehow miraculously came up with an algorithm that generated enough income consistently that gave you enough confidence to leave your day job, why would such need to offer it to the public and risk weakening that working strategy? The answer is that one wouldn’t because such one would already make enough money from the signals.

 

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Those traders believe that signal providers just make money from other traders or they should be among the richest thanks to their signals.

Learn trading but not lean on trading is the point of their views.

I think that you should answer this question for yourself and find what suits you and your trading goals. If you are planning your first start off with stock trading, you may have no ideas of how to make use of trade signals. You should read a couple of resources and do some research yourself to come up with the right trading signals.  Also, you should open up your browser and start searching online for the best and reliable signal providers. And you should check out some forums where you may see people were supporting some site or not. You can feel a bit more confident and opt for some services.

That’s the small effort for good trade signals.

The market can give information on whether the company is valued as a going concern or based on some anticipated breakup value. By interpreting market signals, the trader can compare its expectations with the market. More importantly, the trader can better evaluate its operational and financial alternatives. Brought together these findings into a “market signals approach” may provide a systematic way to interpret market expectations.

The market can send out powerful signals.

Signals are price-related effects in stocks. New signals are calculated in real-time, triggering any information that has been set.

The signals help identify clear breaks to new highs or lows. It’s also a useful way to find stocks on the move. If you use the signal provider service you must receive information about sharp moves in price and volume. They have to send you such information within 5 minutes.  Don’t pay attention to spikes in the first few minutes after the market open. It is a normal volatility. This reliable signal covers trades at or near the bid or ask. It has to be a fairly active signal with dozens of signals per hour.

You must know if someone is eager to take a large bet on a stock.

 

Stocks may be stopped during any session. Sometimes it can be due to volatility but sometimes because news is waiting. You have to know right away when a stock is stopped or continued. Your signal provider must send you this information, the signal must contain it. Maybe it is a good option to turn on voice notifications for your signal provider.

Further, they have to send you information about session highs and session lows. In other words, you must have a high volume signal that will be triggered whenever stocks hit a new session.

Why is this so important?

When the midday comes, the market is very slow. So, with the described signal, you’ll be able to see the stock making fresh session highs or lows. That is a great opportunity because the stock that makes the fresh session highs or lows are in the game and can provide you fantastic trading gains. Also, this is a great signal to see the stock’s reaction on news, for example, statements.  In simple, you will need some chatty signal. So, it isn’t too hard to find a signal provider with that kind on offer.

And as I said before, the good signal contains the trading history. Whatever I said about forex trading signals is valuable for stock trading signals. For example, you will need a 52-week high/low signal as well as new day high/low signal.

Do trading signals work?

The answer is Yes! Of course yes. A successful trader can be a great signals provider, also. They work but you have to follow instructions, do right money management and choose the good signal provider that show real performance, not scammers.

Of course, there are signal providers who work.

Some are even free of cost to you, some work on a subscription basis. The problem is to find the right signal on these platforms.

Yes, they do.

They work.

But it has to combine with the overall market scenario as well. Information about the happening in all financial levels is important to completely trust a trading signal. Trading signals always need a stop loss to be placed while following a signal.

They have to be assistance, not reliance.

You should never follow trading signals blindly. Always do your research before investing in any asset class be it forex crypto or stocks. Signals should serve as a good help for trade setups and you should never follow signals blindly.

That helps!

For example in Forex trading.

It is possible to find many courses for FX signals. There are a lot of websites that are dedicated to such a service, and social media makes it possible for people to share Forex signals free versions and premium versions.

There are three main groups of people that are responsible for sending such signals out:

Traders
Affiliates
Scammers

And you will see, many of them are scammers but a very few honest people are still out there.

Trading signals work as indicators of when/how to act. You need to know how to read signals. Trading signals come in a mixture of designs and can point the important details.

 

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Bear/Bull Trading Signal

Why an investor must know how to read these things?

For the same reason, drivers have to learn how to recognize road signs: if you don’t know what the signs mean, you could end up ruined. Forex signal trading cannot be taken lightly. It is home to a rapidly changing environment where some online brokers manipulate the original data feed to cause errors in the marketplace and earn a profit over them.

We show you these groups in the order in which they can be trusted.

It is common to find traders that are looking to share their ideas with the outside world. Their main aim in doing so is to earn a reputation of being a good trader, help out other people, and simply support the place that was once supporting them when they were new to FX trading. Regularly is possible to find traders that are sharing Forex signals free on many forums. What does such a trader, signal seller work? Traders try to send reliable signals by performing their analysis and providing the same information that they are using in their trades.

Affiliates represent another group of signal providers.

You can get free daily Forex signals from this group once you have signed up for an account with a broker using their affiliate link. This way affiliates can still make a commission on the trades you make, but the signals remain free to you.

However, not every person has enough time to support both his affiliate business and his trading activities, so you should be cautious about this group of signal providers. Sometimes the quality of their signals may drop because they put more emphasis on their own promotion. But you can still treat such signals with a decent level of trust. And remember, it is a must to have former testing of their daily free Forex signals on a demo account.

Scammers are the people you should be avoided, because they are only interested in making an affiliate commission from you, or just making you purchase their ‘free’ signals. They usually employ pretty obvious methods to fascinate clients.  These artists will give you a few free Forex signals but later, they will ask you to buy premium signals. When you have signed up for free, they will send fascinating signals. Don’t be naive! They will do the same to the other people that have signed up. Some of these people are going to receive BUY orders, others will be provided with SELL orders. This way a scammer can split his audience in half. The first 50% is going to be profitable and the other 50% will be losing.

So do not fall for scams, as they cannot deliver anything close to the best free forex signals.

Some trading signals/strategies work very well as long as they aren’t “overused”. You can have a go with them and see if they can produce what they claim. They have to let you know the result.

If they can’t, never subscribe to that signal service!

Is copying Forex signals feasible?

Forex signals are a wonderful choice for people who do not like or want to make trading decisions on their own. Maybe they don’t have a lot of time to trade or want to modify their own trading endeavor with signals from a pro? There are so many reasons why some trader should choose forex signals.

A lot of people promoting Forex signals services, in order to oversimplify the signals following process. They make it sound so simple and effortless. But the signals follower quickly becomes frustrated when finding out it is not as simple.

What can you expect from your signal provider?

The good thing is that all of them will give you some kind of instructions on how to perform. The same comes with copy trading. With some providers, it is as simple as 1, 2, 3. For example, try with one of our partners.

Do Forex signals work 

It depends on what you want from your Forex signals.

  • If you want to turn $200 into $15,000 in a few months?  No, Forex signals will not work for you.
  • If you want to win every trade, every week and every month?  No, Forex signals will not work for you.
  • It will work if you want to systematically participate in the Forex market over the long term and slowly grow your wealth.

Yes, Forex signals can work for you if you choose the right service.

It is unbelievable how many signals services are impossible to follow in the real world and how many signal followers have unrealistic goals when joining a signals service.

Let’s put this in some realistic frame.

Real signals providers have to go through a test period. Providing signals for other traders take some responsibilities. They must provide personal data, for example, personal and last name, passport copy, address, contact info, etc. It is needed in case of any conflicts between a subscriber and a provider. This data are known only between those two parties, subscriber and provider.

You will recognize the valuable signal provider if you can see that the signal name is fully specified. Your provider has to specify the type of terminal, is it MetaTrader4 or MetaTrader5, also, he or she has to add a broker’s server name. The information also must contain the number of the account that will transfer the signals and traders password for ‘read-only’ mode. If a signal providers service isn’t free, the provider must have been registered as a provider with qualification, meaning passed some tests and examinations, so he/she can be a signal seller giving original practices.

And say we have this situation, to show you how exactly your deposit will play via trading signals service with maximum protection for each participant. 

Let’s examine a specific example.

Provider’s balance is $20,000 , leverage 1:100
Your balance is $50,000, leverage 1:200, deposit load percentage is 50%
And assume you are betting on EURUSD currency pair where the exchange rate is 1.1047.

Your balances ratio regarding the defined part of the deposit in percentage terms is

(50 000 * 0,5) / 20 000 = 1,25 (125%)

Let’s examine the leverage. Your leverage of 1:200 is greater than provider’s which is 1:100, hence it isn’t necessary to perform the correction on leverages.

Currency rate of the deposits at the moment of calculation:

1,25 * 1,1047 = 1,3808 (138.08%)

After rounding, the total percentage value is 140% or 1.4 ratios.

Therefore under the settled conditions, provider’s deal with a volume of 1 lot will be copied to your account in the amount of 140% which is the volume of 1.4 lots.

That’s how Forex trading signals work.

If you want to have a good experience with a Forex signals service there must follow these two things:

  • You need to use a Forex signals service that is designed so the signal follower can get similar results to the service with relative ease.
  • You need to align your expectations with reality and understand what can and what cannot be accomplished by following a Forex signals service.

We all know how this can be difficult. The point is that if you don’t have any previous training experience you will not be able to know what reasonable expectations really are.
We are surrounded by all the hype of quick and large profits and it is really hard not to be misled.

 

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An example of a Forex trading signal

 

But, the simple answer is: Yes, copying forex signals are feasible with one condition: Forex signals can work if you find the trusty service. You need to find the trusty service that you can trade and that realize your expectations. If not, you will constantly be disappointed and keep searching for something better. The best way to figure out if Forex signals work and the service is suits you is to take a trial.

Types of Forex signals

Signals are basically electronically transferred bits of information that you can opt to receive via your email on your PC or your laptop, as well as your mobile phone. It is no matter where you are, you can receive this critical need-to-know information.

Signals inform you of the best times to purchase or sell the asset you are actively trading in. It also lets you know when you should place profit limit orders or protective stop-loss orders that are critical to your financial good.

Forex trading signals are normally referred to as entry and exit signals. They have to be a result of detailed analysis, research, and tracking. When the signals are transmitted to you, keep in mind that they are only considered as accurate and active for a brief period of time. So, you have to react quickly.

The type of signal is determined by the specific function it may have and how it generally operates.

Technically there are two types of FX signals which are permanently available in the Forex market, and they are:

  • Manual Forex signals
  • Automated Forex signals

When the first type of signal is used, a trader has to sit in front of the computer for a large amount of time, looking for signals to make a final decision on whether to buy or sell a certain currency.

 

An example of Forex daily signals

But the most popular type of Forex signal is copy-trading signals.

The clue is in the name, as to how they work. It involves following the trades of other real traders and copying the trades that they make. There are many different copy-trading signal providers. Traders are allowed to enter the service to become signal providers, but there are usually several specific requirements, such as set trading volumes.

Other traders can choose to use the platform and follow these signal providers. Copying another person’s trade can happen automatically, or the signal service will send a notification and then it’s up to the individual trader to execute the trade manually, should they want to. It is usual for this type of signal service to charge a subscription fee or take a commission from a trader’s profit. The signal providers who are being followed charge commission on the profits of the traders that are following them.

This type of signal service has become very popular because all the participants in the business only make money if the traders using the service makes money. The significant about automated Forex signals is that the trader only commands the software to seek what signals to look for. The human psychological pressure is completely removed. There is the software which will automatically interpret what action to choose: buy or sell a concrete currency. Trading in this way can be quite perfect as long as it is done in a proper way and by a genuine expert.

The software can process much more data compared to a human Forex trader.

So, you are able to manage several currency pairs at one time. And you are also able to monitor all the charts you desire 24/7 and without missing any significant signals. But the most successful appliance of signals is utilization a hybrid of both types.

And that is what the most Forex gurus do.

Trading With Signals 16

An example of Forex automated signals 1

This type of signals service doesn’t use real people to generate the signals. Instead, these are automated or algorithm-based signals, which scrutinize various charts and make predictions and can be relatively accurate Forex signals. This type of Forex signal uses the same tactics and strategies a manual trader would use, but there is no human emotion involved, just a set of clear-cut rules to follow.

Fundamental and technical analysis, along with a variety of indicators are used to uncover any developing trends.

Trends are predefined and often predictable movements of currency pairs, and once the software has uncovered them it sends a signal to the subscriber and advises them to make the appropriate investment.

Automated Forex signals can be quite accurate, but historically, not all have proven to offer the same level of accuracy. So much so that a large number of traders still prefer signals generated by a real live human being.

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Trading With Signals 20

An example of Automated Forex trading signals 2

But not all automated signals are made from the same material, and some do make relatively accurate predictions.  Many traders, even some of the most advanced, choose to use signals generated by algorithms daily. However, they will tend to evaluate the signal themselves before acting on the prediction.

Both manual and automatic Forex trading signals can be received online.

You can receive forex signals from specialized companies and top forex brokers, generally at a low cost somewhere between $5 to $10 a day and more for monthly rates. Trade signals can also be coupled with fundamental analysis. That will give you another protection in your stock trading. Using trade signals can be precious for you. They will point you out good opportunities but also will alert when they may pass. When you want to buy, check first that the signal offers you a free trial. That will allow you to test the information, and make sure it is good quality before buying it.

To ensure that a trader is obtaining the information that will benefit in the end, they should only cooperate with companies who are willing to provide previous, evaluated results. Moreover, those firms who validate their information are much easier to trust rather than companies who refuse to grant traders a free trial and access to audited results.

That is without the doubt the policy of top Forex signals.

But we have to say, fraud can be a problem when dealing with trading signals. As the forex market attracts a wide and diverse audience, the reliance on information for making financial decisions can be a crucial asset to investors. The possibility exists that some trading signal providers will provide insufficient or inferior information at a premium cost to investors, which can impede or damage an investor’s ability to make the best decision they can in the market.

The best way is to do your own research the trading signals organizations and considering the advantages/disadvantages for each one before making any kind of financial commitment to one of them.

Read more about automated trading

Who are Forex signals providers?

Almost all Forex traders with their trading system dream of founding signal service. Think, having thousands of subscribers getting your trading signals for a $50 monthly fee. That is everyone’s dream.

So, let’s say, the signal provider is a trader who grants access to the data on his or her trading operations allowing other traders to copy them on their trading accounts. Signals can be provided either for free or on a financial basis. You can be a signal provider.

To become a Signal Provider, you need an active MQL5.community account.

Forex signal provider is a trader who trades on his own life or demo account and sends the same forex signals online to his followers. In most cases, this process is automated and takes no time, literally.

 

Screenshot from MQL5.community

The signal provider doesn’t have to do anything manually to send forex signals indicator to his copiers. With a wide variety of forex signals services available today it is important to learn how signal providers are selected and ranked.

There are a lot of platforms that allow anyone to register and start selling signals without any preliminary verification of traders experience, knowledge or ability to manage risks. Since after registration trading results of a signal provider are displayed publicly, users can make their own analysis to determine whether the strategy worth following.

But there is another approach: the trader must fit certain risk/reward requirements and volatility levels before being accepted as a signal provider.

This method helps a trader make sure that signal seller only offers reliable strategies and don’t accept high-risk ones for copying. It also fits well into copy trading advice and regulations of many countries. All providers are then ranked based on proprietary Forex signal indicator algorithm that takes into account maturity of a strategy (how long has it been executed for), maximum drawdown, regular profitability, volatility, the average number of simultaneously open trades and many other parameters.

But, remember that this is an extremely competitive arena.

Because information is so accessible via the internet, you can receive it anywhere as was mentioned above, so that you have round-the-clock access.

A Forex trading platform or “hub” gathers the necessary information to transform it into the signals that you receive. An additional safeguard is present in the fact that Forex companies are extremely careful and consistently pay attention to details when sending these signals to the various brokers, dealers, and individual investors.

Many, many forex traders are looking for quick money, getting rich in several weeks. Some forex signals services may have a good run for a few months and then it’s game over. A lot of these guys use crazy stops and those that do use stops use loads of taking profit orders. A professional service will not give so many take profit orders and tell the subscribers to pick one or do whatever they want with it.

Being a forex signal provider is measured by consistency. If there is no consistency it is a waste of money. Any signal provider that promises fast money or big profits is lying to you and to itself. No one can guarantee that you will make money, because there are good months and bad months. Selecting the right profitable signal provider is one of the most difficult tasks, especially for the new traders.

Many, many forex traders are looking for quick money, getting rich in several weeks.

Some forex signals services may have a good run for a few months and then it’s game over.
A lot of these guys use crazy stops and those that do use stops use loads of taking profit orders. A professional service will not give so many take profit orders and tell the subscribers to pick one or do whatever they want with it.
Being a forex signal provider is measured by consistency. If there is no consistency it is a waste of money. Any signal provider that promises money or big profits is lying to you and to itself.
No one can guarantee that you will make money, because there are good months and bad months.

Selecting the right profitable signal provider is one of the most difficult tasks especially for the new traders.

You can find some instruction HERE

How to pick the right signal provider

A lot of forex traders use forex signal providers to assist them in profit. Traders who try to make profitable trades can leverage off successful forex traders by copying their trades. Not all the forex signal suppliers out there are trustworthy. Attempting to figure out which ones are scam artists and which ones are genuine can be an awful task.

Finding a reliable forex signal service can seem like a challenge.

There are signal providers that are professional and honest, of course. But unfortunately, some providers do not always have their subscribers best interest in mind. It is up to you to make sure that you are working with a trustworthy forex signals provider that you can have confidence in. There are several things traders would consider when are going to pick your signal provider. A trader should be aware that there are a lot of hardcore scammers in the market working very hard to provide fake, low quality and substandard forex signals.

Most of these hardcore scammers have no background or training in any financial matters and usually feed the trader with performance statistics that are imaginary but yet convincing to a trader who is not smart enough. The best way a trader can deal with this problem is by spending at least 5 minutes looking at what other traders are saying about this respective signals provider. This will help him or her in making a proper judgment.

Another way is by looking at the level of detail contained in the signals.

If you realize that it just entails a few charts with a loss or profitable line, you will have a reason to think twice before following such signals. You should look for testimonials about various forex signal providers available in the market. Be aware of what other players in the industry are saying about the available signal providers. This will enable you to choose the best provider in terms of accuracy, quality, timeliness, and affordability of the services offered. You should check the number of TPs the providers have in one trade. And, also, how the providers put together the performance statistics.

 

The best way a trader can deal with this problem is by spending at least 5 minutes looking at what other traders are saying about this respective signals provider.

 

The bottom line is that any trader who wants to be profitable in the long term should start learning by himself or herself about forex signals through experience and self-training.

How to separate the websites of scammers from genuine suppliers

Their sites are so similar and competitive. Sometimes you can see forex traders getting in the scammers’ site rather than the genuine forex signal supplier. When they find that the signal is not profiting, they are already passing the point of no return. The scammers had taken the cash and it is past the point where it is possible to do anything.

These scammers will give you entry and exit signals. But they will not provide you information on how they find the entry and exit points. They want you to follow their signals blindly, that’s all. The scammers will promise you a great profit, a huge return with minimum investments. With all the fantastic promises, you will be motivated to subscribe.

That is the moment when you will find that whatever you have subscribed to is a pack of lies.

The types of Forex signal providers

Forex Signal providers are typically separated into two different groups based on how they generate their trading ideas – technical analysis and fundamental analysis.

Technical Analysts

They base their trading decisions on chart analysis including support and resistance levels, candlestick patterns, price channels, market structure, or other technical approaches. Many technical analysts have a proprietary method for analyzing the markets and the highly successful ones have spent many years researching and testing their methodology over historical data and in real-time market conditions.

Fundamental Analysts

Who base their trading decisions on economic and news related data. This could be in the form of long-term interest rate analysis, inflation, central bank policy, employment reports, sentiment surveys, and more. Some are longer-term position traders while many others are shorter-term traders that try to catch volatility spikes after an anticipated news release.

 

 

Some traders may think “reliable” means having a high win rate, but that is not really what you primarily want to be looking at. Actually, win rates are not that important as a metric by itself. You must also analyze the average risk to reward in conjunction with the win rate.

There are strategies with 90% win rates that can lose money and then there are strategies with 30% win rates that can make money.

Another factor to consider is the technology the signal provider is using.

Do they have a reliable platform to send out notifications and are there multiple ways for you to receive the alerts? Something else to look at is the depth of detail that the forex buy sell signals provide. Do the trading alerts always provide stop-loss levels and targets or do they only provide superficial information such as entries but no exit details?

These are some of the factors you need to consider.

So how can you find out if a provider is reputable and worth your time?

Sign up for a Trial

Sometimes this is the best way to get started is by signing up for a forex signals trial. You may get a real sense of the quality of service by diving in and taking a test drive. Many providers offer a 1 or 2 week trial for members.

Join their Email List

Another way to find out the quality of information you will receive from a provider is by joining their email newsletter. You will find the value that they provide for free so that you can evaluate whether their premium forex signals service will meet your expectations

Check their Track Record

All reputable FX signal providers will provide a performance record detailing their published trades. This is a good way to find their average pip profit per month, their risk parameters, average win percentage, and other related metrics.

Google them

Yes, simply Google them. Are they mentioned in any important trade publications or articles? What type of social following do they have? Do everything possible to find to whom you are dealing with. Just don’t be one of those naysayers.

Check it, try it, test it and make your own conclusions.

How to select trading signals

Your ideas are the most powerful ruler of your trading signals. The right trading signals will guide you through competing jobs. The stock market, futures, forex, and options markets are extremely competitive. The difficulty is that it is not simple to find the best trading signal. Your signals should follow your ideas and your trading strategy. If you don’t pick the right signal, you will have a problem with pulling the trigger. The way you enter and exit the market should follow your trading strategy and be in symphony with how the markets work.

Your beliefs about the market are the most important determinant of your ideal trading system.

The first step to ensure you choose a trading signal which matches your beliefs is to define your beliefs about trade setups, entry signals, exit signals, and initial stop losses. Some traders believe that there is no value in using trial and error trying, so they are hoping to find something that works.

Trading With Signals 23

According to such traders, trial and error in using a trading signal will result in worthless trading practice.

That can be true at some point. When you use trials you may notice the curve is fitting to past data. You can get a signal that works very well on past data but doesn’t work for you. So how can you expect it to work tomorrow or into the future?

Maybe, for that reason, it is better to start with your beliefs and your trading strategy and select trading signals that support these to reduce your chance of curve fitting.

When you change your approach you can find enormous benefits which included:

  • Greater clarity on objectives
  • Reduced need for optimization
  • Greater real-time profitability
  • Reduced development time
  • Simplified system design

To be clear.

The internet is a wonderful tool, but the vast amount of information and companies/people dispensing forex trading signals and advice can be daunting and confusing to newer traders.

Advanced traders already can recognize what constitutes quality versus hype. No one forex signal service will ever meet the needs of all traders, but a good service must.

Few trading services post their performance. There are several reasons for this:

The performance is simply not worth showing as it does little to inspire

The raw data, no matter how robust, falls on deafened ears.

The first problem is that seeking for a trading signal that generates a profitable trade on its own is nonsense.

You can receive the best entry signal ever designed. But, if you don’t have only one part of a complete trading system, you will never make money in the long run. You must have a system with all elements working completely together.

A complete trading system needs each of the following:

Objectives
Setup
Entry trigger
Initial stop loss
Exits
Money management and position size rules

The trade entry trigger is just one part of the complete system. Many people also claim that it is the least important part of the system. Entry triggers are the area most predisposed to curve fitting, over-optimization, and the worthless sounds in the market. The most important part is how you exit your trade. That will determine how significant profit you make from it.

Remember, simple is better than complex. Fewer rules are better than more rules. Follow the KISS (keep it simple, stupid) rule.

Complicated trading systems with various rules may not perform well in the future.

Well, it is harder to curve fit a simple system with several rules to past data. On the other hand, if you have various rules and complicated guidance you” be able to adjust your system to the past data with minimum differences. But this will perform useless in the future!

One trader told me: ”Use simple trading signals that fit your trading strategy and beliefs”.

That helps a lot.

 And THIS ONE TOO

How to use trading signals

When you have signed up with a service to receive online forex signals, you will receive trading alerts via email, SMS or both as you like. You should choose some notification modality that will allow you to receive the alert in the fastest way possible. Many trade alerts are time-sensitive, you know that.

There are countless ways that you can utilize the issued trade alerts. Depending on your priority, you may decide to follow the trade signal and initiate the suggested trade after you have confirmed that it meets your objectives.

Many inexperienced or part-time traders prefer the type of hands-off approach.

Some other traders prefer a more hands-on approach.

They prefer to utilize the trade alerts as a secondary or confirming indication of their own market analysis.

For example, short-term traders may take trades using their own system but trade only in the direction of the online trading signals generated by the signal provider. There are many other ways that signal users can use this type of favor to complement their trading.

How many signals do you need to receive per week or per month?

That is the most common question. You should be aware that many times it will vary. When volatility in the market is high, you may find that you are receiving more daily forex signals than average, and when volatility in the market is low, you may find that you are getting less trading signals online than average. This is normal and should be expected.

 

Trading With Signals 24

Rookie trader wrongly believes that the more often he/she is trading, the more money can earn in the markets. This is a mistake and often the opposite is true. It’s not the number of your trades that matter, it’s the quality of your trades that make the difference between a winning and losing track record.

Remember, patience is power in trading. It is more important to pick your spots rather than trying to be in the market all the time. Most top forex signal providers are aware of this and act accordingly. You have to consider this and remember that not being in the market is also a valuable position at times.

Trade signals can be used in technical analysis where are a major component, but fundamental analysis, quantitative analysis, and economics can also be applied. Beside simple buy and sell triggers, trade signals can be used to modify a portfolio by determining when it might be a good time to buy more of one particular sector.

Bond traders may have signaled to modify the duration of their portfolios by selling one maturity and buying a different maturity.  It can also help with asset class allocation like shifting money among stocks, bonds, and gold

There is no limit to how complex a trade signal can be.

But, traders tend to keep things simple by using only a handful of inputs.

I have to admit, it is far easier to manage a simple signal generator and periodically test it to see what elements need balance or replacing. Too many inputs would initiate complexity requiring more time and skills. And we all know that complex strategies may become outdated before testing is even finished.

Using trading signals means that you can trade immediately, as soon as the notification comes. Services will provide you with additional means for trading as well, such as allowing you to do trade through a smart device like a mobile phone or tablet.

Signals can be hugely beneficial to traders of all kinds, from the most experienced to someone just starting out.

How to know if Forex Trading Signals is a scam

The best forex scams are hard to spot, so I want you to be able to identify the most common tricks used by dodgy forex sellers. Most of the scams were interrupted thanks to the enforcement of rules by bodies such as the FCA. But today we are faced with the more advanced scammers.

Of course, not every forex signal is the scam.

There are still very reliable services but it can take time to recognize them. First of all, there are so many speeches about scams all around the forex. Don’t believe every word you hear. Just because someone offers poor quality, doesn’t necessarily make it a scam with the intention of cheating you. Think about the intent of the sellers. If all they want is your money without making an effort to deliver, it’s a scam.

The opportunity of scamming still exists for many forex scams.

Scammers tempt new investors with a promise of quick fortunes through “secret trading formulas” or algorithm-based “proprietary” trading methodologies. Before choosing a broker or platform, go through your own search.

Forex signal providers may be an individual or retail firm that promises to trade your account or give you signals to enable you to make a killing out of the market. Some of them will promote their experience and back it up with a few testimonies.

Some promise very high returns and guaranteed profits, either through a managed account where the firm makes trades on the investor’s behalf or by trading using the firm’s trading platform. Most traders will receive some initially returns from the firm to give the impression that their trading has been a success.

Scammers will encourage traders or investors to invest more money. But at this stage or soon after the returns stop, their account is suspended and there’s no further contact with the firm.

Important to know is the fact that many scam firms claim to be FCA authorized.

How can they do it?

Many fake trading and brokerage firms will use the title, ‘firm registration number’ (FRN) and address of regular companies and signal providers who are FCA authorized. This is the so-called ‘clone firm’. The fake providers will give you their phone number, address and website details. Sometimes they will claim that a brokerage’s contact info on the Register is out of date. Or scammers might claim to be abroad firm, and that’s the reason they don’t have updated contact and website.

 

scamm

An example of scam trading signals

Some scammers may copy the website of an approved company, and change, for example only the phone number.

When you want to pick your signal provider you have to check several things.

Trustworthy Forex signal service should be verified in websites like the Forex Peace Army. Further, you shouldn’t pay more than a few hundred dollars for a good signal system.

Be especially careful of system sellers who offer programs at excessive prices and claim they can guarantee remarkable results. Choose one of the many legitimate sellers who are decent and whose systems have been properly tested to potentially earn a substantial income.

Another problem is the mixed funds.

Without a record of separated accounts, the trader cannot follow the precise executions of their investments. If you don’t check this issue, you are opening the door to scams. Scammers can use a trader or investor’s money to buy houses, cars, and planes or just vanish with your money. They can offer an investor the false opportunity to have his forex trades managed by highly-skilled forex traders who can offer outstanding market returns in return for a share of the profits.

The catch is, this “management” offer requires the investor to give up control over his money and hand it to someone he knows little about other than the hyped-up and often the completely false record of success available on the scammer’s website and booklet. And the trader or investor often ends up without money, while the scammer uses investors’ funds to buy yachts.

Still, the forex market is not entirely unregulated.

Some forex brokers do not deal fairly with their customers and defraud them.

How does it work?

They start as an unregulated broker. And they publish the offer of large incentives to recruit affiliates who then bring the clients. Once the broker has a few million dollars in funds, empty the accounts, transfer the money to an anonymous tax haven and shut the doors.

Hard to believe?

If some signal seller claims that everything he or she touches turns into gold, don’t trust.

Trust me, I am rich! C’mon!

Their model is a fairytale of sales tactics where clients are suckered into a free seminar, then persuaded to buy several thousand dollars courses, then upsold again to a more expensive course. The tactics are so good the clients don’t even know they’re being cheated. The education they provide is nothing you can’t find for free elsewhere on the internet. Pay them to teach you, start trading, and allow them to buy a Lamborghini. Huh!

Million Dollar Pips was one of the most popular strategies ever sold, but the developer never traded it on a real account.

How does it work?

Develop a simple automated strategy that trades a lot with a high percentage win rate. Run it on a dozen accounts using a variety of settings. After several months, pick the best track record and publish to Myfxbook or some other traders community site.

Develop a sales page detailing how “sophisticated” and “professional” the strategy is. Buy an email list, contact affiliates offering a 50% commission on all sales, then launch!

A few years ago it wasn’t uncommon for someone to sell thousands of copies of such strategy.

This kind of scams will fail, there is no doubt. Like any other did.

Where the warning signs can be found?

If brokers won’t allow the withdrawal of monies from investor or trader accounts. Or, if it is impossible to withdraw money.

Also, if enter or exit a trade during an economic announcement is not in line with expectations. And, if the trading station doesn’t operate to your liquidity expectations.

The best way to determine if a signal seller can benefit you is to open paper money or practice trading account with one of the better-known forex brokers.

Be patient, and eventually, you’ll determine whether predictive signaling works for you or doesn’t.

 

The list of the biggest scammers you can FIND HERE on Traders Paradise’s Wall of Shame

How to avoid signal provider scams

I think everyone should learn at least the basics of how to spot Forex scams.

First, ensure you deal with signal service providers originating from locations you have heard of before.

Second, if they are authentic, their payment method should be one of the common online payment methods such as PayPal or credit card payments.

Listed here are some of the attributes to look into before following a signal service:

The signal should have verified records of myfxbook, FPA, and other credible verification sites.

The rule is, if the results are not verified, just move on do not waste time or money on unverified results.

In most cases, you will not know on what basis their decisions are made on, so this makes the verification part very important. Focus on signals with over 6 months record of profit and with over 100 trades. If whatever is being shown as results are for less than 100 trades that means the statistics are not sufficient to make any judgment.

The result should be sufficient to offer statistical significance to inform your decisions. Again if the results are for less than 6 months, then the strategy could just be lucky and with time it may be proved wrong.

Make sure the signal operates with drawdown levels you are comfortable with.

This will vary from one trader to the other. Some traders have a bigger desire for risk some have low. If for instance, you take a strategy with 30% drawdown, that means $3,000 could be in drawdown with an account of $10,000 and you remain comfortable. So work with a drawdown that does not give you sleepless nights.

Don’t just focus on how much a strategy earns, take a look at its drawdown too.

Get a signal with reasonable performance or subscription fees. When you are paying to a signal service, also check the fee charged is fair. Unless you are doing this to test the strategy, this strategy will only make sense if you have a huge account.

As we said before, any forex signal service should offer a certain trial period or money-back guarantee. They should allow traders to test before buying. If that is not the case, move on and don’t do not waste your money. If they don’t trust their strategy, why should you?

Signals should be showing the current open positions.

A signal may be showing huge profits yet the current open positions are in huge losses capable of wiping the whole account.

 

 

Just like in most trading scams, the scam will not only be in the service itself but in the manner in which it’s marketed too.

Most of these scams will promise you a billion dollars, and one has to stop and wonder why aren’t they millionaires?

Remember most of these fraudsters know that an aspiring user of forex signals will heavily rely on what other users say about the product. They can hire people to review them well. The rule in this game is, make your search. You should check the firm isn’t a clone firm by asking for their firm reference number and contact details and then calling them back. Never use a link in the email from the firm offering you an investment. Always be careful if someone is contacting you out of the blue. If they pressure you to invest immediately or promise you a huge return. You must seriously consider seeking financial advice or guidance before investing.

You have to be sure that the firm you are dealing with is regulated. Never take investment advice from the company that contacted you, instead, you contacted them. That may be the scam.

The bottom line

As you can see there are plenty of benefits using trading signals in this tutorial Trading With Signals.

If you trust the signal provider, then you can save a lot of time and keep your focus on other core aspects of your trading business such as risk management principles.

At the end of the day, all that counts is profit.

The professional traders will tell you that risk management deserves 20 times the attention that entries and exits normally receive.

The trading signal can be very complex or very simple. There is no quantification for that. The measure is how good and helpful it is.

Traders tend to keep things simple by using only a handful of inputs.

Honestly, it is far easier to manage a simple signal generator and periodically test it. Just to see what components need adjusting or replacing.

Since markets change over time with great speed, complex strategies could be rendered obsolete before testing is even finished. That is the moment when trading signals step on the scene.

Why we published this tutorial?

Traders Paradise truly believes that knowledge is power. And speaking about your money, knowledge is priceless. We have been written about trading signals, what they stand for, their types and appliances in general trading. In particular, we wrote about how to define a top trading signal provider by providing theoretical information, and tips.

Our intention isn’t to encourage you to utilize signals, but rather to give you an understanding of what is available should you want to include signals in your trading strategy. Remember, however, no matter how many benefits signals seem to offer, they aren’t a replacement for experience and real trading skills.

Build up your knowledge and gain a real understanding of the trading market before you start to rely too heavily on signals.

Traders Paradise showed you how to choose the best from all these possibilities we just introduced you.

We hope that this ebook will be helpful for you and we wish you good luck in your future trades.

Good luck from Traders Paradise Team!

 

Read our blog http://traders-paradise.com/ and visit our Facebook page Traders Paradise also THIS IS OUR PAGE TOO or join our Facebook Traders-Paradise group and find us on Twitter Traders Paradise

 

We are preparing a lot of surprises for you.

See you around!

 

About the author

Guy Avtalyon

 

 

Guy Avtalyon is a data researcher that uses statistic models and unsupervised machine learning algorithms to determine trends in the market.
”The truth lies within the data.”

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1 Comment

  • Aglaia Lemley
    15th July , 4:05 pm

    Excellent read, I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch as I found it for him smile Thus let me rephrase that: Thanks for lunch!

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