I saw this thread and decided to share my experience with forex signals. There are many idiots that pretend to know what they are doing and give nothing but losses after losses after losses. After you get burned you learn how to check the whoever gives the forex signals and this is what I learned.
ONE
If anyone promises or guarantees to make a certain number of pips per month, dont sign up, its straight BS. Nothing can be guaranteed in trading including stocks, not just forex.
TWO
Something needs to show the performance or track record is real. Anyone can make up numbers.
THREE
You need to have at least 2 years track record. This shows the guys that give the signals know what they are doing because anyone can have a good week, month or year. 2 years should show that signals work.
FOUR
Those with high success rate dont use stops or use very big stops like 500 or 700 pips. This means you can get into a big drawdown for months and no one guarantees you will get out of it. So only sign up with with forex signals that have stops and that arent 500 or 700 pips.
These are 4 very simple rules that can save you making big mistakes when it comes to forex signals. Obviously, signals that are given by brokers are completely useless because brokers are not there to help you make money.
About the prices, guys, no one that gives good signal will give it for $10. That doesnt mean to say that a big price like $200 a month means the signals are good but no one will give you good cheap signals, it doesnt exist. I saw Dux, look at their performance, does anything there makes sense to you?
I personally use ddmarkets, been a sub for a long time now. Its about $80 a month now, used to be a bit less when I signed up. Besides the signals you also get the strategy and they update you every day on the market and on the trades until they are closed.
The entry price is not sensitive, they swing their signals anywhere between 24 hours to 30 days. They keep the open trades small so you can also trade on your own if you want. I like it because I dont scalp.
You have a 3 year performance, all their ups and downs. If you have never traded before its good because you learn a lot from the strategies and how they manage their trades but you got to have some idea about trading. If you arent smart (no offense) then you will need to know how to trade.
If $80 is too much for you then its not for you. If you are a $100 trader you will need to use a lot of leverage unless you want to pay it just to learn. You can have a look around for cheaper signals but you might as well learn how to trade on your own.
I hope this helps anyone.