If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
One of the questions I get a lot is, “How long does it take to become successful using Strignano’s Forex Signals“? Honestly, the best answer I can give is… it depends. On the webinar this morning, Carlos was talking about something and I think it sheds some light on the subject.
But first, some things to keep in mind…
- While the name of this Forex service says “Forex Signals”, it really is more of a mentoring program. You are given levels, different trading methods and ongoing training as well as the signals themselves. So, you need to learn and apply what you learn. How long it takes will depend on how fast your learn and can successfully adopt a trading plan (and EXECUTE the plan accurately). This will be different for every trader.
- It also depends a lot on what your bring with you to the service… both good and bad. For example, if you’ve taken a price action course like Hector Trader, this will help. Tom does not use lagging indicators like Stochastics, RSI, MACD, etc. So, the more you know about price action the more you will be prepared to adopt this type of trading. On the other hand, if you have to UNLEARN using lagging indicators, it could take you longer to feel comfortable trading without these indicators.
Let me show you what I mean by something that happened on the webinar…
Carlos was asked about using the Stochastic in conjunction with the signals. This is pure price action trading (although with the advantage of the levels like the Trend Reactionary Numbers and signals). Therefore, you should not be using any indicators that lag behind price. By the time the indicator catches up to the signal given… it will be too late.
So, for traders using a lot of indicators to trade, it could take a while for you to become comfortable trading with “naked” charts. The majority of trading systems I come across use some type of lagging indicator. That is like driving your car by looking in the rear view mirror. And frankly, the reason you are looking into joining Strignano’s Forex Signals is probably because you haven’t already been successful using these other systems. So, part of the time it takes for you to become successful using this service is the time it takes for you to start believing in the system and give up previous beliefs.
Another example…
Carlos said there was a trader that started about 2 months ago and was a complete beginner. She was at the point where she did not even know how to place an order on Metatrader4. But this might have been in here favor because she is now having 200 PIP DAYS, and sometimes making as much as 300 pips in one day. Just think about that… being able to go from ZERO knowledge to 200-300 pips a day in a couple of months with just what she learned inside this service.
The point is, some of us need to UNLEARN some things we bring with us to the service to start seeing the power and positive results that are possible. We need to break some bad habits before we can start taking action with confidence and making the system work. So, how long it takes also depends on what you bring with you.
Let me tell you a short story…
I have my own fitness books I sell online. So, sometimes my wife’s friends ask me how to lose fat, etc. So I tell them what I think they should do. More often than not they come back saying they read an article in “X” womens magazine that said something opposite than what I was recommending. So, I ask… “How well did that work out for you”? They lost NO fat.
Here is the point…
It is amazing to me how strongly people will hold on to certain beliefs… even though all experience shows them it not to work. My wife’s friends DEFEND the way they try to lose fat… even though they have no success. Forex traders DEFEND lagging indicators and trading systems… even though they never got it to work! Don’t be one of them.
After months using Strignano’s Forex Signals, and fielding many questions from visitors and subscribers… I can say that the speed at which you start succeeding using this service depends on how fast you start to BELIEVE in it and stop defending things you’ve learned that DON”T WORK!
I hope this helps you determine how fast you can expect success with this service.
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for [...]
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for [...]
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for [...]
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for you. May 2nd, 2010 | Tags: currency trading, day trading, Finance, forex, [...]
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for [...]
[...] proper use ofForex signals. Stop by Edward Lomax’s site where you can find out all about Tom Strignano’s signals and what they can do for [...]