Forex signals can alert you when there is a trading signal to enter into the market based on the analysis the signal provider is using. These signals can be provided via your trading platform, SMS and email. You then decide if you would like to take the trading signal provided or to skip and wait to see what the next signal is. Some signals also provide price points for closing positions.
Forex signals can be beneficial for those who do not have the time nor knowledge to trade but it is important to conduct thorough due diligence before using a forex signal provider to ensure that they are legitimate and not making false claims. A verified account from the forex signal provider can help to do this as can first taking the signals on a demo trading account to see how they perform. Also remember that past results are by no mean an indication of future performance.
Collective2 is a trading service that enables you to connect your brokerage account and choose from a selection of trading strategies to copy to your trading account. It is an automated trading solution that is continually evaluating and ranking new strategies. Collective2 describes itself as “anti-hedge fund” due to the ..Read More