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Anyone else buy FX signals?

I am considering in starting a FX signals business, I would like to hear some thoughts from people who have already done this and whether they have found success. I am also quite keen to know how many people on this site actively buy FX signals and what is important to you when you buy from a...

Does anyone know if Cysec brokers will be at risk if Cyprus gets a bailout or defaults? Would this alone cause you to switch until this situation becomes clear?

that depends on how long you plan to stay in the position for. I personally trade every few days therefore I use the 4hourly chart, if you want to trade every few weeks or months then perhaps the daily or the weekly chart may be better for you, of course the longer you trade the higher SL...

Don't use an EA, if you do not have time to trade, just trade once a week or so and take long term positions with small lots. EA are good for making money for brokers but not very much for the end client. Or put the money in the bank or invest in stocks in which you can monitor every few...

Over the last month we have seen a number of Forex Companies firing employees due to a slowdown in FX volume. It brings me to ask the question where will this industry be in 10 years time. Today we have new brokerages being opened every single day mostly in countries such as cyprus and many...

Trading gold, pretty good and technical during normal market conditions

yeah definetly. I did not know either, until I heard about someone who is working with them and gave them a quick look. It's really bad because they're a pretty large broker, with lots of clients.

you do realise that account managers get money from how much you trade right? believe me their goal isn't to get you to earn a lot of money. If they do...great! but their goal is to get you to trade as much as possible. Now do not get me wrong there are good account managers out there who will...

I constantly hear of horror stories with brokers (especially from cyprus). I will start it out, I had no idea InstaForex were unregulated. If you have dirt to dish on a broker say it here

and what is that?

Completly agree you should trade with fx an amount that you can comfortably afford to lose. $20k is some peoples life savings to others its a good friday night out, all depends on your perspective because your psychology will have a big impact as to how you trade and how well you do.

How important is MT4 to you? do you definitely need to have it?

LOL

link not working

City Credit Capital - 1 pip prl (about $10)

yes babypips is really good. you should definetly give them a try

Favorite is XAUUSD and EURUSD EURUSD 3 pips XAUUSD .5pips

I trade with City Credit Capital, no problems with them so far. I like it that they're uk based as well no offense but I dont particularly trust those Cyprus brokers as they can be here one day and gone the next.

I agree, in terms of learning how to trade rather than just wanting to make more quick. A lot of people think that FX is a great way to sit at home make money and completely change your lifestyle and it is, however only for those who are profitable and they do this because they hone their skills...