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I am very comfortable with a new broker, if I have done my own thorough research regarding the pros and cons related to the broker.

That’s the problem. It’s very hard to find a genuine signal provider and if you find one, the probability is that the signal provider will charge you very high fees. It indirectly increases the burden as you have to make more profits.

Ya I don’t see any harm in using it for getting trade ideas.

I don’t mind giving them a try just to get an idea.

Yes, very true, if one has an idea on the strategies themselves they can surely give signals a shot.

precisely what I've been thinking.

Not very sure if free ones are as trustworthy as the paid ones! Paid ones seem to be a better option.

It is highly important. Day traders are looking to make many small trades throughout the day and irrespective of whether you win a trade or lose, broker will get its cut either way. So it should be a primary concern for a trader to choose a low cost reliable broker who offers faster speed for...

Very right but I also feel that hardwork beats experience. Many traders I see can't make it even after years of experience in the forex market only because they are not willing to put in the work required.

Yeah, so it’s essential to use a 0 commission broker.

Choosing the right broker is the most crucial decision as they say a bad broker can turn your wins into your losses.

Forex signals don’t enjoy a very good reputation but I am thinking of giving them a try, just not sure if I should go for the paid ones or the free ones. What do you suggest?

How to be profitable in Day Trading knowing that 90% fail: Don’t be deterred by the naysayers and Believe you’ll succeed. Arrange sufficient capital before starting out. Make a trading plan and Set up a trading strategy. Do not shy away from using stop losses. Back-test your methods before you...

I think what you said about integrating support/resistance with indicators is pretty useful, especially when I am trading before and after any major news.