400 pips a month
I can only laugh at 400 pips per month. doesnt sound like a good performance. i guess you would have to look at the consistancy.
Deano, Orlando Fly Boy is saying that a lot of people come onto this board and promote signals or ask for opinions on signals, they are always being sold by people who are not able to trade and do not have the performance that is claimed. Its a very frequent occurance to sign up to one of these signal providers and see the performance of the signals fall so dramatically that instead of the signals being 400 pips a month they are more like -576 pips a week, they are also likely to calculate pip performance incorrectly, and its always my belief that paying for signals is a fast way to go backwards, it will often be the case that you want to go long and your view is long on currency XYZ, but the signals tell you to be short, and its the signals are wrong.
If you want to be smarter don't pay for anything Refco and Oanda