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Question: Need more info on forex signal trading?

(Posted by: skiesgreen on 2010-03-05 08:34:31)

Is this service really necessarily and how much would it cost to begin using.

Posted by: RDReed on 2010-03-05, 13:10:59

Forex signal trading helps you, as the trader, on what is the good time to buy or sell a particular currency. With signal trading in the Forex market, you can really increase your earning potential and minimize the risk of no profit or losing money. It is offered by analyst and brokers by subscription. Oftentimes, you will be alerted via email. However, some higher levels of subscription will also allow you to be alerted through your mobile phone or through your pager. Some subscription providers can cost $100 a month or more, depending on the signal trading service feature you want. If you were to hire an analyst to alert you on when the best time to buy or sell a particular currency, you will save a lot of time and effort on doing the analysis alone. With this benefit, you can leave all the analyzing to the analyst or the broker.

Posted by: Econ on 2010-03-05, 10:58:14

All the forex signal trading companies out there are all scams. They charge you a large upfront fee of $4000+ for software, and that is the last time you will see your money. If they really knew how to trade the forex markets, they would do it and make billions, not sell you overpriced $4000 software and huge commissions. There are no reliable methods to get rich quick.