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Re: No Win - No Fee, or Monthly Subscription?
Trouble is by the time they go belly up, you've lost a fortune trading bad signals and they have racked in a few months worth of subscriptions from don't know how many people, then they just start up another service under a different name and get back on the merry go round ( much like Thaner1 (aka easy).
I have never signed up to any signal services, not even the $550 candyman even though for some reason he thinks he has refused my subscription privately ?
I have been tempted on occasions after looking at some services and have bookmarks to about 2 dozen that I keep an eye on but most of them do not do what I feel is essential i.e
- Update their results daily on their website, give a sensible free trial period, and / or give live calls for a period so potential subscribers can gain confidence.
I'm still really of the opinion that your own system will perform just as well if not better, only real reasons to use a service are a) you are not disciplined enough to follow your own system / trades / money management and you want hand holding, b) youre not prepared or just don't want to put in the time, or c) you haven't got the time and you want a standard set and forget method, and I suppose d) if your trading fails you have someone else to blame.
For anyone with some common sense a lot of the scam sites are easy to spot and avoid.
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