ForexSignalSafe » ForexSignalSafe.com – Let a professional trader take over your account

Our traders are winning but your accounts losing?!?!

admin — Sun, 05 Dec 2010 20:10:58 PST

We had a very very interesting email last week from a customer whose account is on a gradual (but consistent) decline despite winning trades on live statements on the website. This compelled us to do a thorough investigation of his account who happens to be using this account exclusively for ForexSignalSafe.

This customer had a $12000 account and it became apparent that he was not using right lot multipliers and more importantly funds allocation didn’t happen. Even worse, he had a higher lot multiplier for losing trades and then adjusted it to lower value exactly when winning trades happened. In other words, the net result is obviously prone to be negative in this case. Please see a simple demonstration below:

	SCENARIO – 1	SCENARIO – 2
Initial account size	$12000	$12000
Traders used	Grant and Victor	Grant and Victor
Funds allotted to Grant	Not applicable	$6000
Funds allotted to Victor	Not applicable	$6000
Lot multiplier for Grant	6	3
Lot multiplier for Victor	1	0.6
Trade 1 – Grant – Lost $35	Lost $210 AB: $11790	Lost $105 AB: $11895
Trade 2 – Victor – Won $235	Won $235 AB: $12025	Won $141 AB: $12036
Trade 3: Victor – Lost $340	Lost $340 AB: $11685	Lost $204 AB: $11832
Trade 4: Victor – Lost $230	Lost $230 AB: $11455	Lost $ 138 AB: $11694
Trade 5: Grant – Won $23	Won $138 AB: $11593	Won $69 AB: $11763
Changed lot multiplier for Grant	3	Not applicable
Changed lot multiplier for Victor	0.6	Not applicable
Trade 6: Grant – Won $20	Won $60 AB: $11653	Won $60 AB: $11823
Trade 7: Victor – Won $350	Won $210 AB: $11863	Won $ 210 AB: $12033

Net Profit for Grant: $8	Net profit: - $137	Net Profit: $33
Net Profit for Victor: $ 15	Net profit: - $137	Net Profit: $33

We can’t stress the importance of “allocation of funds”. Ofcourse our software can let you use all signals on a single account BUT you should still ensure that you allot right funds to every master trader on your account. Depending upon what you allot, you should set appropriate lot multipliers as recommended. Every trader has their own money management strategies and it is not a good idea to accumulate or mix them all together as part of “common funds”.

How are you managing your lot multiplier? Please share your experiences.

The first swing trader onboard – Viktor

admin — Wed, 01 Dec 2010 18:47:46 PST

We are happy to welcome Viktor onboard. Located in Lituania, Viktor comes with over 10 years of trading experience and solid money management background. One of the biggest differences compared to other ForexSignalSafe traders is that Viktor trades with less frequency. However, dont think that he is not profitable because of that reason. He is perhaps one of the most consistent swing traders in industry. We are very glad to invite him to be a part of ForexSignalSafe family.

You may find more about Viktor’s bio, live statement, past statements and FAQ on our website. He looks to make 5%-7% returns month over month.

On another note, we have to apologise deeply for John’s inactivity. Even though it was not intentional, we understand that this is causing inconvenience to some customers. Unfortunately, John is going to be busy for few more weeks and as a temporary measure he is going to stay away from offering signals to ForexSignalSafe subscribers. We are sorry for the inconvenience this is causing BUT wanted to let you plan accordingly. As soon as he is back fully and able to pick some trades consistently, we will re-enable his signals for customers.

We told that we are listening to you…

admin — Sat, 20 Nov 2010 03:32:49 PST

We told that we’re listening to you. So do our master traders and here is the proof. Mr.John Nasti had been monitoring all your requests last week and came forward to offer his signals to ANY / ALL brokers. There we go. You may now login to your members account and pick John’s signals if you like. On another note, we apologize for an inactive last week as John’s business trip unexpectedly extended for the entire week. But he is back and you should expect more trade alerts from here on.

Mr.Grant David had updated his bio, FAQ and infact his strategy for ForexSignalSafe subscribers. Please read it thoroughly again incase you had already set “lot multiplier” settings on your end. He even did a blog post explaining how he sees himself as a “steady eddie” of ForexSignalSafe.

Oh, by the way, Tim is moving to his newly constructed house and going to be busy for the coming week (until around 26th Nov). We apologize for the inconvenience but we hope you’ll still have enough signals from other traders on board. We take this opportunity to congratulate Tim for his new house. Hearty wishes!

In the meanwhile, Tim updated his bio and strategy as well based on his experience with ForexSignalSafe in the last couple of months. Please read through them as well.

Last, but not the least, we had opened the discussion forum who prefer to keep in touch with other members through discussion forums. Just go and connect with them at our discussions sections.

My vision to be a “steady eddie”

Grant David — Sat, 20 Nov 2010 01:12:10 PST

I’ve been thinking long and hard about this invitation to join the FXSS signal providers and whilst I’d settled upon a certain combination of strategies, on reflection I really feel that this is an opportunity to offer something slightly different. So I’ve re-written my strategy post and FAQ’s to reflect my real desire, which is to offer clients a “steady eddie” type account, something that can aim at about 5% monthly (bear in mind that this is an average over a year) but with no serious threats of a heart attack along the way! So even though it means that not all FXSS clients can participate due to the minimum $2000 account requirement, I’ve decided to focus on providing signals that have an objective of achieving just that. This is actually how I trade the majority of my own funds and those of my private clients.

For me this is not about trying to guess the next direction of the market, but more about building a net position and managing that position through sophisticated money management. Forex is volatile enough, and even with the best trading system in the world you can still get it wrong. I’m happy to take what the market gives, and sometimes I will scale into positions, and sometimes take fast profits. The key is managing a position once its been entered into.

So my apologies to those of you who may have set up your accounts based on the previous information, but I think if you choose to follow my account you will be pleased with my final decision. Please read both my trading style post and FAQ‘s carefully and pay particular attention to my comments about multiples and interrupting trades. After that, this account really is best parked in a corner, checked once a week, and left to run!

Customer to a master trader – Grant David

admin — Thu, 18 Nov 2010 05:46:51 PST

This is a special master trader for us because he started as a ForexSignalSafe customer and continually grew close relationship with our team. We are very happy to introduce “Grant David” as a master trader to ForexSignalSafe community. A typical example of how we grow close relationships with every ForexSignalSafe member.

He has over 20 years of experience working both as an investment analyst and fund manager in addition to trading privately. He is combining a couple of his strategies to offer signals to our members. His signals would be available to all customers regardless of your brokers. Feel free to shoot your questions to Grant right here. He is one of you!

Feel free to review his profile, live statement, past statements or FAQ

Welcome John Nasti (and 1000+ pips per month)

admin — Tue, 02 Nov 2010 17:49:34 PDT

While we are not sure if there is really a holy grail in forex trading, we certainly know that there are “safe trading” practices. Spice that up with a LOT of “pips”. Thats John Nasti for you.

With over 25 years of experience trading for top banks / institutions, he had also developed several strategies right from scratch. He is also a principal of FX World Markets. This is perhaps the first time ever he has agreed to offer his signals to retail traders (irrespective of account sizes) and we are very proud to have John on board.

However, these signals are not going to be available for everyone. Instead, only to those who have an account with FX World Markets . For those unsure, John had generously offered his signals as free email alerts for one month. All our customers who already have an account with FX World Markets are automatically eligible for John’s signals. You can see this after you login to members area.

As far as we are concerned, we will work very hard to expose signals from best traders available. Our goal is to make this available to every forex trader equally. Please welcome John with us. Feel free to post your questions to him on comments so he can reply whenever its possible!

Important Links:

UPDATE: If you are US domiciled trader, please use another recommended broker Askobid. You may have to note that this is an arrangement ONLY for US domiciled customers as FXWorldMarkets is not accepting them at the moment.

Welcome Alpari (UK) customers

admin — Mon, 01 Nov 2010 22:27:39 PDT

Just a quick note, we are very excited to welcome customers of one of the most reputed brokers – Alpari (UK). Alpari (UK) customers can now subscribe to ALL our signals for just $99 per month (instead of paying for every master-trader).

Join us in welcoming Alpari (UK) on board. Oh, by the way, you can have a look at the complete list of recommended brokers here (ThinkForex, FX World Markets and Askobid)

How to get forexsignalsafe signals for FREE? No catches!

admin — Sat, 30 Oct 2010 13:22:36 PDT

Firstly, there are absolutely NO CATCHES. This is ONLY for our existing subscribers (as of now), You can get all our signals completely free. When you login to members area, you can see YOUR “unique” referral link. Everytime someone visits our website using your unique link, we store a cookie on their browsers (with a 30 day lifetime). Whenever they subscribe to our auto-trading, we will offer YOU one month of signals for FREE. You can refer as many friends as possible and get one month free for each subscription. So if you refer 12 customers, you get one year of subscription for free. Easy, isn’t it?

Even better, if you have 50 referrals, you get forexsignalsafe signals FREE FOR LIFETIME. We will never charge you a penny after that for ANY of our signals. Go ahead, start passing your unique links to all your friends, family members, forums, blogs, trading groups or ANYWHERE you like!

Opinions and suggestions

admin — Fri, 29 Oct 2010 00:30:38 PDT

Ok if you have subscribed to our auto-trading service, please spare a couple of minutes. This post will also be monitored and answered by your master traders directly. Please feel free to give your own feedback. Or you can use the format below:

Lets discuss before the weekend starts! Trade safely!

1000+ pips per month – Do you qualify?

admin — Thu, 28 Oct 2010 20:17:19 PDT

ForexSignalSafe.com is getting beautiful as time passes by and we thank you so much for all your support. It is becoming even better from next week. A new trader will join us next week who consistently makes about 1000+ pips a month. But this signal is NOT available to everyone, there is a catch!

(1) These signals are fully available only on auto-trading platform.
(2) Even email alerts are sent only on close operation
(3) Most importantly, this is going to be available only for select 25 customers

Every selected member will be listed right here on this blog post next week. If you would like to be one of those 25 members, please leave a comment below describing why we should make it available to you. We will review them all over the weekend and pick best ones.

Once again, thanks everyone for promoting ForexSignalSafe.com to this level in such a short span of time. We are keen in your trading success!