Experience with IFR Markets - % of good calls?

IFR Markets http://www.ifrmarkets.com/ is suggested by No Brainer Trades. Just wondering what the collective experience has been following their guidance.

I know they are free with Oanda and a few other brokers, otherwise it's $xxx a month.

What do you know of their success rate in making calls to buy or sell at the various levels? Anyone use their calls semi-exclusively? What is their % success rate?

They are an outstanding fly on the wall on the trading floor real time news service. I have the IFR squawk box running all the time the markets are open. You will find out about what's behind a sudden unexpected spike, large numbers of stops at certain levels etc from IFR, and have a real professional insight into the market if you read IFR. I maintain a small account that I only churn just to have access to IFR without paying by the month for it. The bulk of my trading occurs on an ECN, that doesn't offer such freebies.

Their trades are not meant to be followed like an advisory service, for that reason they do not keep records or encourage you to trade their trades, they are there to demonstrate the analysis, and it is very good. I have learned a great deal following their example trades on paper, and questioning my own analysis when mine conflicted with theirs.

Because the trades are not meant to be actually traded, they will from time to time get behind... lazy... busy doing other things I don't know what, but you'll get an update like, we liquidated our Long EUR/USD position at a small loss and will look for a better reentry point. However that notice will come whenever they get around to it, so the market may have moved on 50 points before they post that. That will eat any profit you could make over time, and it doesn't matter that they do it, because they don't expect you to be betting real money on it.

I would advise against trying to actually trade their model portfolio... that's what it is, not a trade recommendation service. So would they.

I would recommend that you paper trade their portfolio for a while to see how a real pro manages a trade from start, through stop adjustment, to profit taking, or bail out.

Boris (Schlossberg) and Kathy (Lien) run a real trade recomendation service if you want to pay for real trading signals. I am not affiliated with them in any way, but I do read their site from time to time, and respect their opinions as do many many people. They also publish every trade recomendation and its result going back several years. It costs money, too much in my opinion, but if you have a large enough account, I guess it doesn't matter.

I do at least as well as they do, and I don't pay anyone for advice, but I did pay for my education in more ways than one, as has anyone that actually makes money trading.