Here is my second Forex Signals review: TopForexReview .
Website: TopForexReview
Tried for: About 50 days
Price: Free
Overall result: -$900 (Amount I risked: $1000)
Ratings
Profitability:
out of 8
Honesty:
out of 8
Easy to use:
out of 8
Support:
out of 8
Review: Cindy from TopForexReview.com claims to be professional trader since 3 years. Here is the truth:
I tried Cindy’s signals for about a month and a half. Cindy’s trading style is “Swing trading”. She keeps positions for a long period of time and doesn’t open too many trades at the same time. She always uses 10% or less of her margin. Cindy mostly trades at the beginning or during the New York session which was convenient for me. The bad side of it is that you constantly have to check your e-mails. I followed Cindy’s rules exactly without exception during my test. My experience started at the beginning of the summer.
Cindy began by keeping some GBP/JPY Long positions. She was also selling the USD/CAD. After a few weeks, as you may all be aware, during the summer, the GBP/JPY crashed really bad. Every analysts were saying to sell and take your losses but Cindy kept her position. Then the GBP/JPY crashed harder. Cindy advised not to take our losses yet and even took a 6% margin Long (BUY) EUR/JPY trade! I then began to be suspicious of her so-called “experience” because every Forex trader knows that sometimes you have to take a loss when it becomes too dangerous.
In short, she kept her Long (BUY) positions of GBP/JPY and EUR/JPY despite the crash that happened and all the analysts comments. This is when I got a margin call and my $1000 became $100 in less than a month.
Cindy doesn’t know when to take a loss and acts like a margin call is nothing special. She said that these things happen and that she will be more profitable in the future. If you want to make money in the Forex market, please stay away from Cindy’s signals and TopForexReview.
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