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Independent Signal Providers Post here.

cunod
Jun 08 2011 at 20:39
97 posts
Some of us are looking for signal providers. Even though we have the review section, I find that they are limited in what they offer. Some people don't sign up with them. Some have skewed results etc... Service providers that are creditable please post here. What do I mean by creditable? Please view below.

1. Please be verified on myfxbook. Both in trading and in record.
2. Cost is not a factor in creditable as long as its worth its weight trades.
3. Don't have an obscene draw down.
4. Must not be provider that will randomly change there entries after announcing their entries unless accompanied by ea to compensate.

I think that does it.


fendifx
Jun 15 2011 at 09:33
7 posts
fendifx providers of free daily signals

bbc21
Jun 16 2011 at 07:44
16 posts
Hi,
you can try oxygen... 10 days trial it's free right now. Contact me for info.

SIM
pip2cash
Jun 17 2011 at 09:49
423 posts

cunod posted:
    Some of us are looking for signal providers. Even though we have the review section, I find that they are limited in what they offer. Some people don't sign up with them. Some have skewed results etc... Service providers that are creditable please post here. What do I mean by creditable? Please view below.

1. Please be verified on myfxbook. Both in trading and in record.
2. Cost is not a factor in creditable as long as its worth its weight trades.
3. Don't have an obscene draw down.
4. Must not be provider that will randomly change there entries after announcing their entries unless accompanied by ea to compensate.

I think that does it.




Hi,

This is good discussion.
May i know what do you mean by 'obscene draw down'? How percent?
You don't think demo and real account and duration of trading record is essential?

Thanks,
SIM

bbc21
Jun 17 2011 at 13:43
16 posts
i think 30% should be max DD for any strat. If happens every month not good.. if happens once or twice a year is acceptable.. but depends on your risk acceptance. I prefer to stay below 20%

forex5837@yahoo.com (masterforexsys)
Jun 17 2011 at 21:50
19 posts
I dont think Signal Providers good for gain consistant profit money. why not go to money manager.

High gain is high risk that forex!
cunod
Jun 20 2011 at 13:56
97 posts

masterforexsys posted:
    I don't think Signal Providers good for gain consistant profit money. why not go to money manager.


In some ways I feel you are right. You gotta keep up on them and switch between the profitable ones. After you weed out the crap ones.

For the ones that don't have the normal capital that a money manager the signal service offers the alternative. Not to mention some people just don't like the idea of handing over an average of $10000 starting or more to someone that we might not be able to confirm is reputable.

cunod
Jun 20 2011 at 14:05
97 posts

pip2cash posted:
    
Hi,

This is good discussion.
May i know what do you mean by 'obscene draw down'? How percent?
You don't think demo and real account and duration of trading record is essential?

Thanks,
SIM


I would say obscene would be 70%. And that is being gracious. I would have to say 50%ish would be the max. Average no more then 30%. But its up to other people to make the decision for them selves on the risk tolerance.

As for the demo question, I think demo is a great thing to throw out there for a concepts and strategy. Thing is I have found that some brokers will give a completely separate feed as to a demo account. For example, demo account could be a week behind a real account. With this in mind I would not want to trust my money to an account that is running demo only.

As for the trading record I perfer to see conformation all around. Thats me. Other people can judge for themselves.

cunod
Jun 20 2011 at 14:08
97 posts
Just to let you know this is for everyone not just me. So if your posting please don't direct your services to me, but to the community.

swordfish
Jul 23 2011 at 22:16
37 posts
www.forexnightwalker.com
Yea, this is mine. Just starting up.

Do, or Do not. There is no Try - Yoda
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