07 Sep 2010
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Choosing a Signal - Tips part III
Choosing a Signal - Tips part III
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We continue from articles I & II.
We assume you decided to buy a signal to help with your trading and you have read articles I & IIt.
Here are some more tips you can follow to avoid problems and or as potential loses.
1 Understand Risk warning (read it again). This is about Investment Objective, Experience, Risk of Loss, leverage, creditworthiness, limited regulatory protection, market volatility that may substantially affect the price, or liquidity of a currency or currency pair, communication failure, etc.
2 Understand Risk warning and disclosures with your Broker too. Read above.
3 Understand Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
4 Understand the relationship between you, your seller and Rent a Signal. Read our disclosures again
5 Understand Past Performance is not necessarily indicative of future results
6 Understand increasing leverage increases risk
7 Understand trading is not for anybody and you need to discover if it's for you. Read point 3 above.
8 Understand points 1 to 7 :)
Article Details
Article ID:
90
Created On:
16 Oct 2009 3:01 AM
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