How To Choose Forex Trading Signals Provider?
This question have been discussed before on The Shark Investor. There is one selected signal provider in my portfolio, but you should always be able to pick a provider yourself. Watch for the following criteria: • Past results. Yes, past performance is not a guarantee for future profits, but it still remains the most important factor for choosing a forex signals provider. Do not expect to achieve exactly the same results as the signal provider! There are many factors which reflect your performance as you’ll see later in this tutorial. • Type of signals. Usually the forex trading signals are distributed by email, chat rooms or desktop software. Email based signals are not very good for day traders because of the time delays. I personally prefer chatrooms, because you not only get signals, but can talk with the trader and other traders (don’t overdo it though). • Subscription price. Like everything good, the forex signals are not free. The prices vary usually between $50 and $300 monthly