Financial trading polls

Hello guys! This time we want to have a very serious talk with you. Everybody knows, that the situation on the Forex market is constantly changing and the trend is changing its direction as well. Sometimes it happens to be pretty unpredictable. And it is quite logical, that nobody is prevented from losses in such conditions. You know, the signals providers are trying to do their best in order to open only profitable positions, but sometimes even professionals lose. At this rate there are trading systems, that sometimes can break the rules of the strategy, which are stated in their profile. So, there is very important question to discuss with you here. What should be done with the systems, which have broken the drawdown claimed in their profiles?

Everything is simple if there are no people subscribed to the signals of such provider. But if there are people, who have paid money for getting the alerts of the system, which has broken the rules? Then there are several ways out.

WAY 1. The first is just to stop this system and make a refund for the subscription to all subscribers. This is quite a radical way out. But there are also more democratic ones.

WAY 2. For example the system can be left active and the subscribers can get free signals form it until the system covers the drawdown made. Such way seems to be quite just and logical.

WAY 3. At the same time the situation can be left just “as is” without any changes – no strategy closing, no refunds, no free signals – people just continue to get the signals by the system all right.

WAY 4. Finally, we can just ask all of the subscribers to the system, which has broken the drawdown, whether they want to get a refund or continue getting the signals. In this case every subscriber decides on his own, will he continue getting the signals by this trader or not.

So, you see the poll below, in which you are to vote for one of the ways described above. The method which wins in the poll will be implemented on our service. This means that now you guys are to decide, what will be the treatment for signals providers, who break the rules of their systems. If you have other interesting solutions or are eager to tell us your point of view, you are welcome to speak up in the comments.

And we also will be very glad to hear the thoughts of Forex signals providers on that point. What ways can professional traders to offer in this situation? So, we are waiting for your sensible and thoughtful comments.

Hello guys! We are glad to tell you, that our amazing campaign “An ideal trading system” is finished. We want to thank everybody of you, who left their votes and useful feedbacks. You have done really great job, guys. And we hope to continue to cooperate with you in order to make our service better. So, it is high time to announce the final results and the ideal trading system itself.

At first the participants decided, that the main parameter of the system is win ratio, and that it should be at least not less than 80%. The system should have performed on the service at least for 6 months in order the clients to be ready to subscribe to its signals. It should bring profit on a monthly basis, and the account growth should be at least 15-20% per month. The minimum account amount of the ideal system is from $1,000 to $3,000 and the max drawdown shouldn’t exceed 30%.

So, this is what you guys are considering to be an ideal trading system. This is really great, that you have told this to us and to the Forex signals providers of the service, who will do their best in order to bring the profit to you and make your account grow. Now you have the ideal to take your cue from and it will be easier for you to pick the signals provider really suitable for you. Thank you once again and happy trading!

And here are all the polls for you once again:
An ideal trading system: step 1
An ideal trading system: step 2
An ideal trading system: step 3
An ideal trading system: step 4
An ideal trading system: step 5
An ideal trading system: step 6

“What are the best books on Forex trading?” – this question is asked by almost everybody, who starts his way in the currency trading market. Frankly speaking, there is no precise answer to it. You know, the amount of different literature on the topic is so tremendous, that it is really easy to get lost among all this stuff. Of course there are a lot of very useful and sensible things on Forex trading, but at the same time it can be difficult to pick them up.

So, how can a person find really high-quality educational information about financial markets on the Internet? At first you can just do some search and try to look for best books in different online stores. Usually there are some book reviews available, which makes the process of looking for the necessary thing easier. But be careful and don’t just waste your money on books attracting by their appearance – they can be useless though.

At the same time it is considered, that all best books on Forex trading were written many years ago. These are so-called classics like the works of such well-known, famous and respected people in financial world as Williams, Elliot and others. Frankly speaking, the theories described there are the basis of great number of successful financial trading systems. Due to that reading this Forex material will be at least not bad for every beginner.

Then you can just go to some Forex trading forums and ask help there. At some of them there are even special discussions dedicated to reading. You will certainly find a good amount of information on the topic there, because no one of the traders will refuse to help you. And by the way, the number of different magazines about financial markets is also really great. And this is also really good, because you can get to know really many useful and interesting things there. So, if you are determined, after doing some search and reading, you will succeed in finding best books on Forex trading. But they will be the best only for you, because you know, tastes differ.

Now we are glad to announce you another step of our ideal trading system campaign, which is going on at the moment. We want to thank everybody participating in this action, leaving votes and comments. We appreciate that very much. It is really wonderful, that we can communicate with you, because your every opinion is important to us. We hope that it will help us in making the Forex service better.

So, last week we were asking you about the account amount of Forex signals provider acceptable for you. And the overwhelming majority (45.5%) of folks thinks that the ideal trading system should require from $1,000 to $3,000 for following its signals. At the same time 18.2% of people want to find a system with minimum amount of $500 – $1,000. And only 9.1% of folks are ready to invest more than $5,000 and $10,000.

This week’s step will be dedicated to really important question: what monthly account growth you are expecting to get from following the signals of a Forex trading system? It is quite obvious, that this number isn’t usually very big, because systems claiming to bring 100% account growth in a month seem to be pure scam, which will crush your account down in a second. So, be kind to leave your vote and feedback here.

Another step of looking for an ideal trading system is over and we are glad to announce the results. Our last question for the folks was connected with the period, which a Forex alerts provider should bring profit for. Frankly speaking, we were somehow excited by the results of the poll. According to them, a system should bring profit monthly or even weekly (the majority of users think so). At the same time some people are looking not for a momentum gain, but for long-term investment and want to find a system with good quarterly profit, which is quite wise.

So, this week’s part of the campaign is dedicated to finding out the minimum account amount, required to follow the Forex signals of the ideal trading system. The amount of money, which people are ready to invest in using the signals is very important, because it is almost the main part of the strategy and the possible profit depends on it. Remember, your answers and comments are very important to us, and you can help us in improving the service just by leaving your vote in the poll and writing good comment.

And now it is high time to announce the results of the third step of our exciting action! At the moment a lot of people are participating in finding out the parameters for an ideal trading system and we are very thankful to them. Really, it’s very important for us to know, what you guys think and what you would like to see on the Forex signal service. This helps us in improving our performance and getting better understanding of your requests to alerts providers.

But let’s get back to the results of our polling. Last week we asked folks about the time a trading system should perform on the service for people to get sure in its results and subscribe to its Forex signals. And we found out, that the majority of our clients will subscribe the signals of a system, if it has been performing successfully for at least a half of a year. At the same time 23% of folks need even more than 1 year to get sure in a system’s statistics. So, it’s quite obvious, that an alerts provider should show good results for pretty long period in order to attract the subscribers to his Forex signal service.

At the same time we are introducing the fourth step of the action now. This time you are to tell, what period should a trading system bring profit for. There are no trading systems, that will be 100% profitable, but a signals provider should bring a profit for the certain period of time. So, which period is most important for you?

Hey, we are continuing our campaign of finding an ideal trading system! The second step is complete and now we can announce its results. We tried to find out, which win ratio is acceptable for the folks in order to subscribe to the signals of a trading system. So, the majority of the voters decided, that a signals provider should have win ratio not less than 80%. This tells us, that the folks will subscribe only stable, profitable and efficient Forex alerts, given frequently.

And now it is time to start the third step of the “ideal system” campaing. Another trading poll is dedicated to the time, for which the system should perform on the service for people to get sure in its performance and subscribe to its signals. Take active part in the poll and influence the results of the entire campaign!

Our campaign called “Ideal Trading System” is going on! And today we, Global Forex Signals Team, are really glad to announce you the results of the second part of the campaign. According to the results of our polling, the majority of our clients decided, that the main parameters to be taken into consideration while choosing a Forex trading system to subscribe to are win ratio (22% of votes) and the number of weeks the system has been performing on the service (22%). At the same time many of the clients consider the total profitability (18%) and max drawdown for full amount (16%) to be also very important indicators of the system’s reliability and stability. So, now it is time to start another step of our campaign. Share your opinion, the Forex Signals of a system with which win ratio can you really subscribe to?

And remember – your votes and comments are really important to us. We appreciate your time and effort very much. Remember – your votes can bring changes to the service. At this rate don’t lose your chance to influence the situation by voting and leaving your comment there.

Now GFSignals has a surprise for you guys. We’ve decided to find out, whether it is possible to create an ideal trading system. Of course, we will keep to real possible parameters of the system, because we know that it is impossible to have no unprofitable trades for very long period. But there are suystems, that have become very popular in the world of Forex because of their profitable and stable trading. At this rate we’ve taken the decision to let you guys speak up on that topic. Find out the parametrs of the Forex trading system, which seems to be ideal for you. So, this is the first step of our new action. Just dedicate a couple of seconds to answer the poll below and then wait for continuation! By the way, you can also share all your ideas and thoughts on the topic in comments to this post – it is highly appreciated.