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automated signals ( which one to go for)

would you recommend any autosignal software for
those new in trading wanting to make a guarantee profit?

Comments

  • SignalPushcomSignalPushcom Posts: 132
    No one can guarantee you profit, hate to say.
    You're more than welcome to check out our signal providers.
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  • suchiangsuchiang Posts: 63
    Dnt trust any signal provide ..ecducate yourself and practice demo account...
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited May 2015
    I agree always be in control of your future don't relay on others to do it for you lol... If you are going to use a signal provider then use them to learn how to trade not just take signals...

    Another platform being developed is "Signal Rush" feel free to join the FB group as we will have updates there as time goes on. Signal Rush will have both Signals and Education all in one...

    https://www.facebook.com/groups/360956284104080/
  • BryanMacBryanMac Posts: 851 ✭✭✭
    Unless its a model where the signal provider is being verified by a 3rd party I would stay away, and like Signal Push mentioned there is no guarantee research your signal provider and ask questions before signing up.
    Bryan Mcafee
    Hit me up on skype at Brymcafee (McAllen TX)
    www.tradingaxis.com
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited May 2015
    Exactly example note the historic drawdowns of different providers such as a "Legendary" as in legendary account blower lol... How many people can handle martingale streaks of 10-20 losing trades anything over 2% max and you are going to have a major butt hurt... Most of these noobs on platforms like Signal Push have ZERO money management strats seeing people with 5-20% a trade is so RETARDED. Once one of these providers hits a bad streak you get the message "Insert Coin" to play again.. That is one thing these platforms need to do is show some statistics of max loss/gain on different historic provider results... Its sad nobody can take the time to do basic math to keep from making such easy to avoid mistakes, yet its even more sad the platform providers are too busy trying to promote incorrect stats for marketing purposes... 100% win on a 2 step martingale is just absolute FLUFF... The real stats for example would be % for % leverage = 2 out of 3 unless you can get a broker payout of 100% you should not be promoting such statistics as its not much different from a John Anthony and his BS 70% win rate, to which you have so vehemently rallied against lol... So lets use the guy who is pretending to be somebody else but is obviously VortexZ as you can tell by his inability to control his emotions in trading. @ 1-2% a trade off $1k you would be down $139.5 on his trading for last week = say 13-14% drawdown now what if you used higher 2-5% = 26-28% what if you did say 5-10% a trade 52-56%. Ok that is nice but what if you bet 10-20% eeeek well would not matter one loss streak of 5 to 10 or more trades you are done even at 5-10% on some of his streaks if you bet 2-5% you would be down over 50%-60% on one roll of the dice with this turkey and above that say good bye to your account. Point is people need a far better way to judge provider performance and it should be pointed out by the platform provider ahead of time when they see users putting themselves in Jeopardy. This is also unfair to providers that have much better performance stability in their equity curve that is not seen because the platform does not promote anything above their ITM%s along with frequency. The truth is there are many providers there that you can bet larger %s with and give you a better equity curve but again my bet is very few can use both their fingers and toes to count higher then your average chimp... Why don't you simply do a better job for your users Ryan?
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited May 2015
    Here is what you get when you don't do your research first into signal providers brokers or whatever. Imagine you go on a blind date that a friend setup with a hot chick because he told you so. Instead of finding out more info ahead of time you end up with her.. or whatever they are considered... Heck for some of you odds are you would wind up the next morning waking up next to them with how retarded some of you are...

    https://www.youtube.com/watch?v=ELy_dwXXykQ
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