In this article we look at the best forex signals. The reality is that there are now literally hundreds of individuals and companies offering forex trade signals and forex advisory services. They often claim to have a good history at predicting the forex market.
The reality is that many of these forex predictions are very poor indeed. They are more interested in promoting their service rather than delivering good signals. Some of these companies even try to sell you elaborate software to help. This is nice for them, but will probably not help you.
It is important to remember the important fact that most currency traders lose money. With this in mind, the chances are the person writing the forex forecasts is a losing trader, so why would you want to follow their lead?
The reality is that no matter how genuine the signal service is, the signals are going to be second hand and they will never be as good as your own signals.
It is my belief that most people can become successful traders if they are prepared to devote a lot of time and energy into their currency trading and are prepared to treat it like a business. There is no “Get rich quick” element for FX Trading. It requires a lot of hard work and extreme discipline. Once you have learnt to trade successfully, you can create your own forex buy and sell signals. The chances are that if you can create a good system with good trading signals, you will not want to sell them, you would want to just use them for yourself and make some good returns on your money.
The moral of the story is, only rely on yourself for the best forex signals. There are many free currency trading resources out there to help you learn to trade. This site for one. There is never a need to pay what is likely to be a losing trader for online daily, weekly or any kind of signals for that matter!