About fxcm free signals

hello everybody
i have posted many threads here b4 for my system signals . but at this time the market is moving in wide ranges so people with small accounts like me cant proceed and my system too is not compatible for the wide movement. i was depending b4 on the slow move of usd\jp and eur\usd . then i wanna ask . is it possible to depend on fxcm free signals that give to live clients ? on dailyfx.com is it profitable ? have anybody used it b4 ? . thanks for reading . regards ,,,,,,,

Even if they were good, at this point I wouldn't. Right now one quick statement by the Fed can send the market screaming one way or the other. Regardless of whether the signal was good or not.

If you are going to trade be very careful and only use a very small percentage of your account for each trade.

Ok, lets just think about this. A market maker giving you free signals for you to take their money. If they were going to give signals to anyone it would be their inhouse traders. The whole point of free signals is to churn your account and for marketing purposes to attract newbies.

Just trying to help.

If you can't generate your own signals, you shouldn't be trading. When was the last time you heard about someone becoming rich trading signals generated by FXCM or even Goldman Sachs?

Something I read in "Reminescences of A Stock Operator". Jesse Livermore said something about how the average trader (who always ends up losing) gets so excited by stock tips. He/She loves them so much that he/she is willing to bet money based on a second stock tip provided by someone whose first tip was a loser.