Hi Fellow Traders
I am Kelvin and I am a full time currency trader.
Before becoming a full time trader, I used to work for a multi national company as an engineer. As I am not a person that likes to stay in office and receiving paycheck months after months is not the lifestyle that I pursue, I decided to look for other ways to make extra income.
I get to know about forex trading from a friend and this leads me to study this field. It took me a total of 1 years to become a profitable trader and this alone should tell you that forex trading is not as simple as what most advertisement says.
As I am once a new trader, I totally understand the confusion that they are facing and I decided to setup a website that shares my personal forex trading signals.
I often receive questions from my blog readers asking me whether those forex signals online are accurate or not. In fact, this is quite a tough question to answer as there are always two sides to any matter.
Some forex signals online are indeed pretty accurate but it is important to have one that is 100% accurate. As a currency trader myself, I know that there is no way I can win 100% of the time and the best winning percentage for any professional trader is about 70%.
The problem with most traders lies in their expectation of these services. If you are able to find one forex signals provider that produces 70% winning accuracy, it is considered a good service.
However you have to take note that there are some providers that are out to make money and do not have the ability to produce good signal.
One good way to try out these providers is to find those that dare to give free trial or a few days trial for a small fee. These providers are usually more reliable as they are more confident about their service.
When you try any forex signals online, you should always focus on one currency pair and then record down the success rate. As long as the accuracy is about 60 to 70% accurate, it is considered a good forex signals.
I hope that this article has helped you in your selection of the best forex signals service and I wish you all the best for your trading.
In fact, I have setup a blog where I share my personal forex technical analysis of the currency pairs that I trade.
