Blog

Waiting List on the Horizon

It has recently come to my attention that my client list has now topped 325 clients!  This is nuts.  I now have 336 clients and I’ve always said 350 would be my maximum.  I’m one person.  I’m so not into turning Simply Signals into a corporate type of Forex signal service with multiple traders, customer …

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Match My Price Feed

Whether you trade Forex signals with me alone or one or more other Forex signal providers, you must take the providers’ price feed into account if you want your results to match his/hers. All of my signals have now been adjusted to accommodate a 3 to 5-pip spread, depending upon the pair.  This fits the …

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Forex Micro Account vs Mini Account

What is the difference between a micro account and a mini account in Forex trading and why should you get one over the other? This is simple.  It’s perfunctory money management.  Now, if you believe what your broker tells you–and that would be a HUGE mistake–you’ll use a micro account for anything under $2000.00 and …

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4-Hour Intraday Forex Signals

After over 60 requests from clients, I have decided to add back intraday Forex signals to the Simply Signals’ offerings.  Starting next week (26 March 2012), we will see anywhere from zero to four, possibly five, intraday Forex signals a week.  We won’t have any signals some weeks but there’s nothing I can do about …

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How to Figure Lot Size Properly

So here’s the deal.  Everyone is searching for a Forex position size calculator to spit out a quick answer.  You know what?  Figuring out your proper lot size is way too easy to look for a calculator.  You want to know something else?  Most of the “programmers” designing those position size calculators for websites are …

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When There Are No Forex Signals

Sometimes it’s just best to stay out of the market…for many reasons.  Let’s look over a few reasons for why you may not receive EOD Forex signals every day. One thing all of my Forex traders must remember is that I never take a day off.  Just because we don’t have signals for a while …

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20% Monthly Returns From Forex Signals?

I get this question probably 15 times a week.  No, I’m not kidding.  My first question to those asking this questions is this.  Who on earth do you think you are?  Bernie Madoff was ungodly successful because he claimed to make a consistent 1% each month without ever suffering a loss, no matter what the …

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FIVE SMART TRADERS ONLY

One of the questions I get most often is this.  How long do you expect to be in business? Most Forex signal providers are in business less than ONE YEAR!  Unbelievable but it’s so true.  This is a short-lived business for anyone who is NOT a true meat-and-potatoes Forex trader.  I’m talking a real, professional …

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What To Do When Your Gap Trade Gets Stopped Out

On occasion, the market decides it does NOT want you to profit quickly on a gap trade.  In this instance, gap trading can be horrifying and debilitating.  If you are one of those traders who tends to over-leverage or use emergency stop losses for your own sanity, from time-to-time, you may find yourself stopped out …

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MOST PIRATED SIGNAL SERVICE ON THE PLANET!

And it’s NOT because our Forex signals suck! Simply Signals IS the most pirated Forex signal service on the planet.  I’m not EVEN kidding! In the past 6 months, I have had 17 other signal services pointed out to me by clients as sending IDENTICAL FOREX SIGNALS shortly after mine have been sent.  I don’t …

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Winning Just Feels So Darn Good

I haven’t tried other Forex signal services but I’ve heard all of the horror stories.  When my clients come to me, they typically have lost A LOT:  money, time, sleep, etc.  Do you know how great it feels to FINALLY start making progress and grow your Forex account, over and over and over again?  No? …

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EOD Forex Signal for 14 July 2011

This EOD Forex signal got us +50 pips at 2:1 leverage or +100 at 1:1 leverage if you trade these in two 1:1 leverage trades as I do.    I do this because typically–in non-summer months–I place a small, attainable take profit on the first trade to bank some cash.  Then I leave the second …

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