One of the popular ways used by new traders inside the financial market for trading is trading signals. Traders can get different types of signals as per their choice like paid signals from a signal provider through personal or algorithmic evaluation, provided by using software called a robotic, paid signals and free signals. A signal provider sent signal via SMS, email etc. showing the accurate time and accurate price to buy or sold a currency or stock or gold.
There are different types of signal providers who provide signals. Some provide only Forex signals, some provide only commodity signals and some only stocks but there are signal providers too who provide signals in all three sections i.e. forex, comex and stocks. Now what are these different sections and signals? So here we explain about Forex, comex and stocks trading signals:-
Forex Trading Signals:-
Forex is an abbreviation used for foreign exchange. Forex trading is a trading of currency pair such as USD/JPY, AUD/USD etc. Signal providers provide the signals for trading forex known as forex trading signals. These signals are the alerts or the indicators which shows the accurate time & accurate price for the execution of the trade.
Comex Trading Signals / Commodity Trading Signals:-
Comex is an abbreviation used for commodity exchange. Comex trading is trading of commodities like gold, silver, crude oil etc. Comex trading signals / commodity trading signals are the alerts for trading commodities in the commodity market.
Stock trading Signals/ Share trading signals:-
Stock is a kind of security which means to own a company. Stock trading is a trading of stocks of different companies. Stock trading signals shows the correct time and correct price to enter the market and to exit the market.
Now how do you select the reliable signal provider? So there are some important points you have to keep in mind before selecting any signal provider for making profitable trades. Here are the qualities of reliable signal providers:-
• Many signal providers offer each manual and automated signal types. Their signals are highly accurate. Their analyst team analyzes the market very carefully and then provides the signals so that the traders would get the quality profit.
• They provide the free trial period so that the traders can test their signals before their taking their paid services. The signals are non linear technical signals which are suitable for all types of the trading whether it is forex, comex or stocks. They provide currency trading signals, crude oil trading signals etc. according to your trading section.
• Their complete transparency policy includes monitoring and tracking by third party. They mainly offer a 24/7 technical support so that they can handle any questions or queries from your side.
•When you get in contact with the signal provider for and become a member then not only you get trading signals but they also provide you additional services such as forums and blog postings, eatery exit and stop loss, trading tips, trading recommendations and other data like graphs, charts pips and other analysis will also be provided by them.
• They provide you profit guarantee and will also provide the high quality signals so that you can make as much as profit from the trade. They also provides forex trading tips if you trade in forex or trading tips for other sections too.
• There are some providers who provide share trading signals, along with signals they provide share trading tips and are also known as share trading tips providers.
• You should select the signal provider who provides all types of trading such as intraday trading, positional trading so that you can get the signals of your trading style. For example if your trading style is intraday trading then they will provide intraday trading signals and if you’re trading style is positional trading then they will provide you positional trading signals. There is no sense of signals if they do not provide the signals according to your trading style.
If you are new in trading and you haven’t subscribed to any signal provider for trading signals and planning to subscribe then you should keep all these points in your mind so that you can make more profit and have less risk.