Saturday, August 10, 2013

The Top Forex Signals Are The Ones You Can Trade

Many people have come to grips with the fact they will never be able to learn to trade Forex profitably by themselves. Whether it be a problem with the traders mindset, finding the right strategy, controlling emotions when money is at risk or fitting trading into a busy schedule, Forex trading success eludes a lot of people. For this reason, many people turn to Forex signals services like Set and Forget Forex Signals.



Forex signals are a logical solution and there are many signals providers to choose from. For this reason, people normally ask, "What are the top Forex signals to follow"? You might be surprised by the answer.

Without a doubt, the first thing people want in a Forex signals service is profits. Therefore, the signals provider posting the most profits should be the obvious choice. Yes, you join a signals service to make profits, and the more money the better. But you need to make sure the results the services is posting can be duplicated by you in your account.

What I mean is, the best signals provider to follow is the one where you can duplicate the trading as closely as possible. Surprisingly, this is harder than it sounds. Here are the two biggest reasons you might not be able to duplicate the trading results of the signals provider you choose:

Manually Placing Signals 24 Hours A Day

If you pick a service that sends signals any time day or night, you are going to have a hard time trading the signals as instructed. Even worse, some signals services send trade modifications after the trades are live. This means you have to be available and close to your computer 24 hours a day. In truth, finding the time to trade is one of the biggest problems people face when following a service like this.

Unreliable Trade Copy Software

The obvious solution would be to automate the following of the signals by using a trade copier. Trade copiers are normally an expert advisor you place on your platform or a copy service that places the trade signals automatically on your account. The problem is, due to the unreliability of the trade copy method, it is almost impossible to get the trade alerts exactly as the service provides.

In either of these two cases, you are not going to be able to duplicate the results of the service, and normally your profits will suffer. Therefore, trading results posted by the service is not the most important factor. Being able to trade the signals and get very similar results to the service is the most important.

Set and Forget Forex Signals makes it easy to get very similar results to what the service posts on their website. Since the signals come out at the same time every day, it is easy to follow them. If you are looking for the best Forex signals you can truly follow and duplicate, you should give them a look. After all, the top Forex signals are the ones you can copy correctly.

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