Are you still considering using Free Forex Signals?



An Average trader will lose approximately £3000.00 without the proper education so let’s look at how the breakdown of the loss when using free forex signals.

If you started your trading account with a forex signal service provider, then taking the average fee of £100 a month this means you will be investing £300 just to implement someone else's strategy without the technical understanding of why these trades are being taken. Now if you lose your first three trades then you will try and recover the money by over leveraging and this process of trading will free forex signals will be repeated a minimum of 10 times in a forex traders’ career. Believe us when we are saying this 90% of Free Forex Signals are dependent on clients that have lost in the forex market.

Once you do start to implement the trades on your account without any guidance even if your stop-loss entry and target are given the odds are that you will try and change all three once you have had your first few losses on your forex trading account.

Forex Trading is not a get rich quick scheme and the promises of 1000’s of pips are only possible with a methodology and not just a strategy.

If you are still willing to move ahead with your free forex signals, then consider these points:

How many years has the company providing Forex signals been established for Do they actually trade real funds? What is their market credibility if any Have they ever worked in any financial institution or on a real hedge fund?

No one can become a doctor by watching a youtube video or taking free courses from uncertified professionals. If you want to earn with consistency then learn from Qualified Financial Traders.

WHY A PROFESSIONAL APPROACH TO LEARNING TO TRADE IS BETTER?

Here at Platinum, we provide a fully personal one to one mentoring service to teach you exactly how to do the trading analysis and trades yourself. You don’t want to be sucked into signals as you can clearly see from the points made in this article. Learning from a professional who will provide you with a professional education will give you longevity in trading and allow you to make consistent profits.

"Learn to trade and stop using free forex signals-Nirav Shah"

We hope from today’s article, that you are able to take away that being involved in signals is not a good idea if you want to give yourself a chance at making money. Take the time to understand supply and demand in the market from true professionals who give you realistic expectations of your profits.

Top 5 Forex Tips of the day:

1)Compare the best forex trading signal providers in 2020 based on their track record

2)Trading Signals are not reliable longer-term ensure you understand how they are implemented in trading forex -Rules of taking the forex signals.

3)Most forex signal providers have SMS, WhatsApp email updates- make sure you turn on these notifications

4)Make sure you understand the authenticity of the website and check the website of the forex signal provider has been around for at least 5 years.

5)Forex Signals should not be considered as a shortcut to trading forex instead take the time out to learn how to trade as the saying says Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime!

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