Can forex signals make you rich? This is a common question that asked by a trader/investor who is searching for a signal provider. Nowadays, there are many signal providers available on the internet. This such service provide by an expert trader. To become a successful trader/investor by using a signal provider service is not only about a profitable signal provider that been choose but also how to implement the signal.
A profitable trading signal will be no meaning if a trader or investor do not have a well money management, since there is no holly grail trading system in the forex market. It is about a winning percentage of the trading system. Let say a trading system has 70% winning percentage i.e in 10 (ten) positions 3 (three losses will be occurred). With a well money management in the end profit will be booked.
So, if a trader or investor ask can forex signals make you rich, the answer is..depends on them self, by implementing a well money management it is not impossible to be a rich (investor) by using a trading signal form a signal service provider.