So you’re searching for forex signal services ha?

You think that actually you can just sit in front of the computer chatting with your pals or even watching TV and just wait for that wired sound in your messenger, phone or email client telling you that you got an entry signal– jump up, enter the trade and see your money growing?
Man, you are in a big trouble! And you need help.

You should be thankful though that you got here first as I’m about to change your thoughts on forex signal services and forex in general.

These companies/individuals that provide signals are “forex traders” themselves that are making money only by selling their signal services to traders like you and not by trading in forex.  They know the forex lingo and a little about trading so their examples on the sales letter look like real, but the truth is they’re all scammers.  They even know that you won’t be a client for a long time.  But couple a months from you and few hundred others (internet is huge), and repeat the same for months to come and they are very profitable, just not in what they claim to be.

Here is how it will be when you subscribe:

You’ll be jumping to trade the signals received… for days, weeks and even months, with hesitation but also with some confidence because of their beautiful graphics on their website and the claims of the signal winnings so far.

Because your excitement within first few days you will also write a polite email prizing the provider even though you didn’t see any results yet. 

Soon, you’ll start seeing that the signals were coming long after the price that the signal tells you to enter the trade has passed, but you ignore it telling yourself that it was your delivering client (SMS, IM, email) that didn’t deliver it on time.  You change your email, messenger or phone service to hope for getting these signals faster and “on time”. After a while (not soon enough), you’ll be frustrated, you’ll be pissed of, you’ll be out of couple hundred dollars on signal service fees, and you won’t see any symptoms of your account getting healthier.

Finally, you will realize that the only fluke here is the signal provider, and you come to conclusion (way to late) that most of the signals are being sent late– sometimes (especially during economic news release) after the price passed the “take profit” point.  At this moment you write a long angry email to the signal provider and you stop your subscription. 

Few weeks later you decide to visit their site again to check if they’re still in business, just to see that you’re testimonial is on their "what users are saying" page but you’re angry email never made it there…

So… I beg you to trust me that no signal service out there is worth the fees you pay for it.  Please don’t be fooled by their false performance and testimonials on their sales later.  Don’t tell yourself:
“Look at this performance! Over thousand pips profit per month. If I grab only 50% of these winnings I’ll be set”
You’ll only be back to square one - less few months of learning and hundreds of dollars.

Read also the ultimate forex trading system – another warning article about you spending money on so called trading systems.

You can earn money on forex, that’s a sure thing.  But the best way to become a profitable forex trader is to learn to trade forex.  Only by knowing all the tools and how to use them you’ll be on your way to profitable forex trading.