Forex signal services do everything a robot does except the actual execution of trade entries.

In the end, you are relying on the analysis of a third-party source that is NOT your own. In a typical forex signal service, the programmer creates a set of technical indicators and rules and the program runs to those specifications. If price action satisfies the conditions of the signal service, then some kind of notification or alert via email or text message will be sent to the user to react.

While this may sound more beneficial as you have a choice on whether or not to take a trade, the signal service is still programmed to a constant set of rules. Like we mentioned earlier, the forex market is in a constant state of change.

While the forex signal service might have been profitable in the past, there is no guarantee that it will be profitable in the future. One other thing to think about is if the forex signal service is so profitable, why would the creator want to share the profit?

I could do anything I want with a bajillion dollar! Instead, they would focus on trading and make a bajilion dollars for themselves. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders.

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