Stock Trading and Other Things

How good are those FOREX trading tips providers? -  Stock Trading and Other Things
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How good are those FOREX trading tips providers?

I would like to start doing forex and I found some "forex trading/tips providers". They basically analyze market data and trends, and send you tips of what is "likely" to happen in the market as soon as they see an opportunity, of course, its up to you to execute your own orders. But how good are they? Their services are not cheap. I am not a math person and my knowledge of technical analysis is limited. I found out one called "www.4xfindme.com" But has anybody used any of such service providers? Can anybody recommend a good one? I know that at thend of the day we are taking an "educated guess" but do these forex trading tips service providers can really help? Any good ones out there that anybody can recommend? Which one is the most popular and best forex trading tips service provider out there?

Public Comments

1. stay away from forex. EXTREMELY RISKY

2. 1.) Profitable trading education will NEVER be for money. Professionals, who can extract profit from markets - earn enough to learn for free.
Remember, professional trader will NEVER learn for money.

2.) DO NOT consider receiving ready unknown signals.
You DO NOT understand logic of market behavior.
Do you need that? I think no.

what I can adwise - go here http://www.marketessence.net/ and learn and train. Your aim - to understand price behavior. Of course, it will take you time but it is the only way.
Good luck )

3. trading signals come to you too late to be reliable.
You need expert advisor, since you are a math person you can even tweak it to your own liking.

check out all of the services available, and decide. but beware! forex is a nasty place to be if you don't know your way around. I am assuming you read at least few books by now? The books should tell you, that signals are old and of no real use. Why would anyone tell you where you can make profit, if they knew, they'd of done it themselves!

4. while these signal providers may give you something to look at, by the time you decide, these tips may not be as good as they should due to the volatility of the market.

you need timely expert advice to gain from your transactions. you can try registering in this forex site. here you can have a on-on-one talk with your personal Account Service manager either thru phone, email or chat depending on what is comfortable for you. not only that, you can also interchange ideas with other expert traders on the trading site. what else, they can even execute your set rates, including your Stop loss and Take profit rates, which means you can gain unlimited profit but you cannot lose more than your defined amount.

5. Most trading tips providers or signal providers don't work. You can read reviews on most of them on http://www.forextopten.com and http://www.forexpeacearmy.com .