Great Signals App - For Non Lazy Investors
I'm a seasoned investor although not an expert. I traded forex to our first house using pattern trading and have tried multiple signal services. Some better then others but all of them for hundreds of dollars a month.
I Saw Fox Signals and decided to give them a try as I had not been trading for several years for different reasons but was not looking forward to sitting in front of the computer screen anymore than I already do.
I tested the app by paper trading first and was surprised at how consistent their trades take profit. My paper trading account is in profit and I just deposited 1k to start trading real money but on the nasdaq side. I ended up buying a couple more licenses for friends.
Points to know:
1. You should know how trading on margin works. At least the basics.
2. You should be familiar with Risk management. If you don't understand how to limit risk in the trades, you're going to have issues. They use a pretty consistent 5% Stop loss, which is pretty standard. So example, if one trade a $100 You're actually only risking 5% of that, not the entire 100.
3. You need to understand how to lock in the profit but how that will affect possibly getting big gains. If you take profit early you may miss larger profit gains but you will reduce your overall risk. You got to decide on what kind of trader you're going to be, and stick to the plan.
4. You have to understand how different brokerages have different fees and that will affect your overall P/L.
5. You have to understand that you can lose most of your trades and still make a lot of money. If you don't understand why that is, you'll be in the dark.
6. You should start with paper trading until you understand the above. Like I said I bought our first house, took vacations, using a system that was nowhere near as good as Foxy Signals.. I'm looking forward to the future!!
With a little background research, less than a couple hours anybody can be in a position to use Fox Signals to make a lot of money without sitting in front of a computer, following fake gurus, and with less risk then doing it on your own.
I highly recommend Fox Signals to people who will take the time to learn the fundamentals of trading want a solid signal service at an amazing price!

Fox_Signals_AI
Oct 15, 2024Hey Bigman! (Love the nickname)
Thanks for your review. I really appreciated the clear and concise clarifications you provided—straight to the point!
Cheers,
El