It was really intimidating.
FOREX On-line COURSE Level – 2 (New Traders)
You can sign up to receive signals from a number of different traders. I followed quite a few so that I could find the good from the bad. I made some profit over a short period of time but as the months went all the signal providers eventually reached a negative balance.
It was quite disappointing and in the end I left the site. Maybe if you have a massive account and can site out the draw down periods then you might be able to make a small profit but don't expect to make much. Hi TeaFX, I'm sorry to hear you have mixed feelings about our community. Which traders did you follow? If you'd been following any of our professional's trade ideas Andrew Lockwood, Jason Gospodarek or TonyD then you should have done quite well over the past few months. They've been on fire.
The site has changed quite a bit over the years, back in did have several poor traders offering signals, however as time has gone on we've continually improved and now only work with experienced professionals. As far as I'm aware, over the past 18months, almost all of our clients have made money. Good luck on your journey and hopefully we'll see you back with us again in the future. I am a home trader and have used ForexSignals. They have a number of different traders that you can follow and these change quite frequently.
Unfortunately, the usual process is that I find a trader that looks good to follow, maybe I make a small profit for a while but over time my account slowly declines. Sadly, I have repeated this process a few times now. When ForexSignals get some new traders in I think that this time will be better but it seems to be the same result every time.
I've decided that this is the last time that I am going to go through this process and won't be joining again. If you are thinking of joining ForexSignals then I would do so very cautiously. They promise a lot but deliver very little in the long run.
I would save yourself time and money by looking elsewhere. Hi Barry, I'm confused. We haven't introduced a new trader to the site in over 18 months. Are you sure you're referencing ForexSignals. SteadyCapture remains our cornerstone strategy the managed account side of the business, having let go of FX Viper and GoldStar last year.
But overall we've still been remarkably profitable; as you can see from my live accounts updates on YouTube: This lineup hasn't changed since we launched the revamped room late last year it used to be free, but didn't include the live streaming. So you can see why I'm confused by your statement above. Can you please clarify? I have been with ForexSignals. Everything is transparent here and there is no hype or get-rich-quick scheme. Nick is very helpful and has done his due diligence in selecting his traders.
Currently we have SteadyCapture who has proven himself as a very reliable and profitable long term trader. A lot of other traders have come and go, and there has been some ups and downs over the years, but Nick has always kept everyone well-informed. He also does not hesitate to cut tie with traders if they don't stick to their rules or if their strategies no longer seem profitable.
They now also have a Trade Room where people can learn to trade from interacting with professional traders and fellow retail traders, which is really valuable for those who would like to learn to trade manually themselves.
Overall I would greatly recommend ForexSignals. I would not have been as successful as I am now without it: Really a amazing platform to me. Here we can post our trade idea too In the trading room there is Trading academy..
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