The TradingSig signals on demand of the Trade Selector Signal (TSS) system are based on functions such as measuring the rate and speed of price change, volatility, momentum, and harmonics. Then filter the noise and provide a forecast based on its answers derived from both the price/time inputs and gravitational fluctuations, and run on Taking Profit levels.
First, Trading signals on demand are provided to introduce you to TSS proprietary trading system and give you a flavor of the trades it generates. Although TSS system includes a different scalping component, due to the nature of a “signaling” service, it is not possible for TradingSig to broadcast small, scalping trades (although some trades may end up to be just that).
Some market participants like to be always in action, long when the market moves up and short when the market is moving down, regardless of whether those steps are occurring within a narrow range. Even though sometimes we trade that way, it would not be possible for TradingSig to broadcast in that style of trading. And, it would be impossible for everyone to respond timely to the signal broadcast before the trade which would have already substantially played out.
Second, For the above reasons, TSS system is looking at a bigger picture and strive to tag trades that are considered to have “legs” (although, of course, they don’t always turn out that way). For this reason, often we could stay in a trade for what appears to be a long time since TSS aiming for a Take Profit target based on a bigger picture.
Market participants do not like getting stopped out on the market “noise.” So after initially moving the stop to break-even as the trade progresses in our favor, We may leave it there until the initial Take Profit target is hit unless it looks as if there will be a substantial retracement or reversal before the price reaches the destination.
Third, Because TSS is looking at a bigger picture, sometimes, the market will move significantly, and the system will not broadcast the signal because we either waiting to fade the move once the market reaches the right price level, or when the market sets up correctly or is waiting for a pullback or retracement to enable a lower risk entry in the direction of the move.
Fourth, TradingSig provides one Take Profit target whenever entering a trade. It occasionally will broadcast second Take Profit target, preferring instead to wait to see what happens at the first Take Profit target. This strategy has worked well for rough and non-trending days. If you choose to take this route, then you should do so consistently, rather than trying to pick and choose. This will allow you to maximize the benefits of this strategy.
Fifth, There are several ways to trade TradingSig signals. If you are trading one lot, then you can either exit at Taking Profit and wait for the next trade or move your stop to break-even price and go for a more significant ride. Of course, you can also use the first approach with multiple contracts.
Sixth, A word about TradingSig Take Profit targets. The targets tend to be very accurate, but that doesn't mean the price will hit them in every trade. Sometimes the price almost gets there, then retraces to a point where we are stopped out, then resumes the original direction (in which case TSS will endeavor to get back in the trade, but only if the system can get a low-risk entry). Therefore, it is always important to at least move your stop to break-even as quickly as possible, since we never want a winner to turn into a loser.
Seventh, Again, the mission of the trading business is to minimize losses. Meaning that we will sometimes get stopped out and then have to jump back in if the price heads back in the direction, the system have projected. Given the lack of follow thru on some days, we would instead take a small loss and stand aside than suffer through a deep retracement and be deep underwater while the market decides which direction it wants to go. In the current market environment, it is tough to make up a significant loss on one trade, so why to allow ourselves to be in that position in the first place.
Eight, That is not to say we won't have losing trades or even losing days. When that happens, I am confident we will make it all back and more the following days (although, of course, there can be no guarantee in that regard). But TradingSig goal is not to have a big losing day. But don't fret about losing days, there will be other auspicious days/trades.
Ninth, Of course, nothing TradingSig does should stop you from doing whatever you feel is prudent. That means that you are free to take a signal trade or reject it, and you are free to exit a trade at will. Some subscribers use TradingSig signals for target information and nothing more. Others follow to the letter what TradingSig.com broadcast and do. The choice is yours.
Remember, the object of this trading business is to make money. It is not to negotiate against yourself by trying to outguess the market once you are in a trade, or enriching your broker or exchange by over-trading.
Forex signal provider and you
Forex signal provider must be 100% transparent with his trade records. This kind trading is without a doubt quickly replacing stocks day trading as the...Forex trading signal and its importance
Forex trading signal is a challenging task when getting started with online trading. It requires know-how, good intuition, and experience...Free forex signal quality for trading success
A good free forex signal service can significantly boost your chances of success, and has excellent profit-generation potential, as long as you know how to make the best...A quality trading signals service
Trading signals are one of the prerequisites for making the most of the opportunity, and being a successful online trader. It’s possible to find gratis...Forex day trading signal service is essential
A good forex day trading signal service provides the ultimate profit generation possibilities but what does it take to get started in the exciting world of forex...Signal generator and trading characteristics
Signal generator service can be a wonderful tool that can make reasonable amounts of money when you're just getting started with day trading. Like many other beginners...Daily signal for a day traders
A daily signal service can make the job of a day trader a whole lot easier. This is the main reason why both newbies and experienced traders rely on such services....Buy sell signal and alerts
A buy sell signal or alerts is a know-how service, giving traders data needed for the accurate timing of day trade. Based on these signals, traders can decide when...Best forex signal - secrets of the most successful forex traders
Best forex signal service all successful forex traders share several common characteristics. These signals help them put together a viable strategy that ensures ...Forex trading advice from the pros
Forex trading advice online sounds like the perfect opportunity to learn a great deal trading skills. Though it sounds simple in theory, forex trading has tons of specifics...Trading signal quality and archives
The quality trading signal is a must if you are considering of getting into trading the forex, CFD, and futures market. You have heard that this is the market...Hand signals: Understanding the basics
Trading hand signals that pros use turn trading into something mysterious, something that a chosen few get to understand and master...Forex signal services
Forex signal services - are you experienced enough to handle forex trading on your own? Or even if you are a seasoned trader, do you trust your own judgment when it comes...