Beware of Trading History

flex922

Trader
Feb 6, 2012
5
0
12
I would like to take a moment and talk about trading history. Are you aware that anyone that puts up a trading website. Can apply their trading system to historical data.Then post it as trading history. Now I am not saying that its altogether a bad thing. The problem is its in not real world and real time. You know the world that you and I live in.

If I was going to purchase someones signal sytems or strategy I would prefer to get either a free or discounted first month as trial period. Then what I would do is just watch the signals etc. See if the service is worth keeping. If the signals are good then definitely yes, if the signals are bad then you know. Be smart preserve your trading capital.
 

Fxpipper

Master Trader
Oct 26, 2011
1,132
4
49
Yes!

That's pretty much what most EA and other websites put up and usually, once you purchase the product in question, you end up realizing "you've been had". To be fair, not all the data online is fake, just the ones that set out to make like they're the "holy grail"..