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I need an opinion plz

  • #1
  • First Post: Mar 18, 2008 2:44pm Mar 18, 2008 2:44pm
hi everyone
i'm searching for a good signal providor can anyone show me one ?
thank you in advance
  • #2
  • Mar 18, 2008 3:02pm Mar 18, 2008 3:02pm
not trying to be smart but walk into your bathroom and look in the mirror. Your long term success in Forex is directly related to how much you learn and apply.

Even if you don't have much time to trade forex, you can work off of daily charts and make a killing if you are patient for the right set ups.
  • #3
  • Mar 18, 2008 3:14pm Mar 18, 2008 3:14pm
in case i don't have time to analys, i only need signals ? and i tried all old signal providers .. so i need some company who is good ..
thanks
  • #4
  • Mar 18, 2008 6:53pm Mar 18, 2008 6:53pm
For what seems like the thousandth time...

Let us contemplate the great conundrum of signal providers, if the signals were any good they would just trade them therefore, the signals are no good.

QED.
The breaking of a wave cannot explain the whole sea.
  • #5
  • Mar 18, 2008 7:33pm Mar 18, 2008 7:33pm
Quoting patkan
in case i don't have time to analys, i only need signals ? and i tried all old signal providers .. so i need some company who is good ..
thanks
If you consider Forex to be a hobby, you seriously need to reconsider your definition of "fun".

I'm not saying that to be harsh on you. But Forex is a business and analysis is a component of a healthy business plan. If you can't commit the time to complete an analysis, I suggest that you look into other ways to invest your money. Doing otherwise is plain financial suicide.

There are no "good" signal provider. Only some that won't rip you off as bad as others.

Magnumfreak's words are wise and true, look in the mirror.
Not all sins are created equal
  • #6
  • Mar 18, 2008 7:46pm Mar 18, 2008 7:46pm
Quote
hi everyone
i'm searching for a good signal providor can anyone show me one ?
thank you in advance
In the recycle bin is a thread about 500 or so 'tip takers' and the experience they have just gone through now that their signal service has come apart. Interesting read - but sad.
It got me thinking of the number of people, such as this poster, who do not want to learn to trade - they just want to put on a trade. ROASO says it best " to be told exactly what to do to be happy is the next best thing to being happy"

I am at a loss as to how to address them so I simply refer to them as 'tip takers' and not traders. Maybe they can open their own TipTakersFactory and share their info there.-

Tips are all they are interested in so i guess all I can advice is ' use Google.' select the 'I'm Feeling Lucky" button; what the hell - you may get lucky.
Good Tip Taking to you....
In trading, there is no bullshit. You either make money or you don't.
  • #7
  • Mar 18, 2008 7:51pm Mar 18, 2008 7:51pm
Quoting patkan
in case i don't have time to analys, i only need signals ? and i tried all old signal providers .. so i need some company who is good ..
thanks
Once you take the time to learn how to trade, you can analyze 20 pairs in about 20 minutes on a daily chart. if you cannot dedicate 20 minutes a day to trading, find something else.
  • #8
  • Mar 19, 2008 2:41am Mar 19, 2008 2:41am
I wonder why somany people of have a wrong perception of Forex.
  • #9
  • Mar 19, 2008 2:48am Mar 19, 2008 2:48am
Quoting Tjpld
I wonder why somany people of have a wrong perception of Forex.
I blame google adwords
Carpe Divitiae
  • #10
  • Mar 19, 2008 3:06am Mar 19, 2008 3:06am
There are No Of Signal Provider's But Sound's Silly to Fallow them without any experience and Knowledge specially in a business with 100% Risk...
But if you still want to fallow Them ,than google search them...You will find them with their User's Rating...
  • #11
  • Mar 19, 2008 3:26am Mar 19, 2008 3:26am
Yeah some of them have really great testimonials:
"OMFG its AWESOME!!. I made 3 Billion Dollars in 4 month! Get in now!
Only 99.59$! It does not cost it PAYS!"
  • #12
  • Mar 20, 2008 8:25am Mar 20, 2008 8:25am
there are signal providers who make a few tousand pips per month and some who make 200 pips per month, you think both are fake ?

What are the points that i should take under consideration when choosing a signal provider, other than the users rating in google.

thank you all..
  • #13
  • Mar 20, 2008 1:54pm Mar 20, 2008 1:54pm
Quote
there are signal providers who make a few tousand pips per month and some who make 200 pips per month, you think both are fake ?

IMO the entry is just a tiny tiny portion of the trade. Even the best entry can yield a bad trade, not just by the odds but by improper follow-thru and a lack of confidence. 2 people can take the exact same signal and end up with completely different results.

I think if you look at the odds and compare those that develop and use their own system built around an edge they've tested and developed confidence for... versus those that listen to some "guru" or "algorithm" or whatever and just take signals, and compare which side has the most people that have lasted at least a few years you'll see why people are skeptical of signal providers.
  • #14
  • Mar 20, 2008 8:48pm Mar 20, 2008 8:48pm
Quoting patkan
there are signal providers who make a few tousand pips per month and some who make 200 pips per month, you think both are fake ?

What are the points that i should take under consideration when choosing a signal provider, other than the users rating in google.

thank you all..
The short answer is yes, they are fake. You're just choosing between who doesn't lie as much as the other.

Anybody can have a site with a "hot" indicator and can make all sorts of wild claims. I can make some too. I have an indicator that makes 20,000 pips every hour. I have a Ferrari, a Bugatti and a Lotus in the garage. I also spent last night with a supermodel.

See, these are claims. It doesn't mean they are true. In fact they are not true at all (so please folks, don't PM me asking to borrow my cars or my supermodel

Because you read it on the internet, it doesn't mean it's true. So if you're going to buy an indicator anyways, assume that you're being lied to until proven otherwise.

Investigate any claims you see. Ask for proof, and I don't mean some screenshot of some guy's statements. That's too easy to whip up on photoshop. Ask for references. If you get them, call them and ask questions. Ask the vendor why he's not busy trading and why he's busy selling. Check out how long the site has been up and running (http://www.domaintools.com/). See if they have an address other than a P.O. Box. See if they have a phone number. See if the number is a landline or mobile phone (http://www.localcallingguide.com/lca_prefix.php). Call it and see if a human being is answering the phone. If it's not, leave a message and see if calls are being returned.

Now that you found an indicator vendor and are happy that you pissed money away, do like the rest of the traders and study like your life depends on it anyways. That's because an indicator is only as good as the guy behind it.
Not all sins are created equal
  • #15
  • Mar 20, 2008 11:41pm Mar 20, 2008 11:41pm
Quoting Jay Walker
The short answer is yes, they are fake. You're just choosing between who doesn't lie as much as the other.

Anybody can have a site with a "hot" indicator and can make all sorts of wild claims. I can make some too. I have an indicator that makes 20,000 pips every hour. I have a Ferrari, a Bugatti and a Lotus in the garage. I also spent last night with a supermodel.

See, these are claims. It doesn't mean they are true. In fact they are not true at all (so please folks, don't PM me asking to borrow my cars or my supermodel

Because you read it on the internet, it doesn't mean it's true. So if you're going to buy an indicator anyways, assume that you're being lied to until proven otherwise.

Investigate any claims you see. Ask for proof, and I don't mean some screenshot of some guy's statements. That's too easy to whip up on photoshop. Ask for references. If you get them, call them and ask questions. Ask the vendor why he's not busy trading and why he's busy selling. Check out how long the site has been up and running (http://www.domaintools.com/). See if they have an address other than a P.O. Box. See if they have a phone number. See if the number is a landline or mobile phone (http://www.localcallingguide.com/lca_prefix.php). Call it and see if a human being is answering the phone. If it's not, leave a message and see if calls are being returned.

Now that you found an indicator vendor and are happy that you pissed money away, do like the rest of the traders and study like your life depends on it anyways. That's because an indicator is only as good as the guy behind it.

Patkan
I think this is good enough detail ...You have to now understand about the reality & I think JayWalker Described the reality in detail...
  • #16
  • Mar 21, 2008 4:36am Mar 21, 2008 4:36am
ok lets say all are lies and fake.. and i will study the market and make my own decisions and become like you "professional" .. the big question is : HOW many PIPS are you making in a month ? I don't care account size or position size, just PIPS.
thank you ..
  • #17
  • Edited 5:13am Mar 21, 2008 4:54am | Edited 5:13am
Quoting patkan
ok lets say all are lies and fake.. and i will study the market and make my own decisions and become like you "professional" .. the big question is : HOW many PIPS are you making in a month ? I don't care account size or position size, just PIPS.
thank you ..
Hahaha This is a common Newbie question like!
1) Show me your account statement...?
2) How many Pips you are making...?
Etc , Etc....
NeverMind Go Ahead...Try signal services...Dosen't matter with any of us...
Here is a site with signal services , broker's and related thing's review's...
http://www.forexpeacearmy.com/public...ignals_reviews
I dont wana paste the link here but Seem's you really wana try signal services... Just subscribe to the signal provider of your own choice...
Use their signals on real... You will be kown after your performance that how much pips your earning from them...1000/2000/3000 lol
I consider this as a business and signal providers are using these kinds of techniques to run their business...like advertisment of 1000/2000/3000 or unlimited pips per month to catch the newbie's/customer's like you...
Goodluck...
  • #18
  • Mar 21, 2008 10:17am Mar 21, 2008 10:17am
OK, but I still didn't understand HOW much PIPS do you make per month ?
To explain why I'm asking.. this is a research I'm making, and I want to know what is the potential for a professional trader "PIPS per month" so that I know if it worth Learning to trade and give 24/24 time ..
thanks
  • #19
  • Mar 21, 2008 10:28am Mar 21, 2008 10:28am
Quoting patkan
OK, but I still didn't understand HOW much PIPS do you make per month ?
To explain why I'm asking.. this is a research I'm making, and I want to know what is the potential for a professional trader "PIPS per month" so that I know if it worth Learning to trade and give 24/24 time ..
thanks
Pips don't mean anything patkan

A trader can make 100000000 pips a month , and another trader can make 100 and they can still both make them same $$$ that month.

You say you dont care about account size, position size....but those are all very critical components for anyone who trades. Even if you just follow someones signals you want to be properly position sized and not be risking too much

Again pips don't mean anything, if you really want to ask a question, ask about % return on account

Best of luck to you
  • #20
  • Mar 21, 2008 10:35am Mar 21, 2008 10:35am
Quoting patkan
OK, but I still didn't understand HOW much PIPS do you make per month ?
To explain why I'm asking.. this is a research I'm making, and I want to know what is the potential for a professional trader "PIPS per month" so that I know if it worth Learning to trade and give 24/24 time ..
thanks
paktan, you have been here @ FF for 9 months now.

If you are still wondering if Trading Forex is worthwhile, then probably not for you. At least not in your current state of mind.

It's Old but the only way to be old is to be on the right track.
"Don't count the Money {Pips}, just learn to Trade.
How much you Learn will determine whether you should devote 24/7 to it or not.
Not how much 'Somebody Else' can pull from it."
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