Trendsignal is a product from TMS Capital in which they help others to become successful traders based of the teams own experience.
What does the product offer?
There are two sides to Trendsignal, both of which offer very different products. The first, and the core of the Trendsignal business is a massive number of educational tools which show users various different strategies and methods that can be applied to your Forex trading strategy.
What is refreshing about Trendsignal is that these aren’t ever really over sold with the whole approach focusing on realistic and very attainable goals and results.
There are actually a number of free programs that TMS Capital offer through Trendsignal that range from simple webinars to online training courses and tools to help (including indicators).
These are predominantly “Pro Trader” and “Trendsignal Plus”, each of which offer slightly different goals. As well as the free options that Trendsignal offers, there are numerous opportunities to expand on this and opt for additional support for a premium.
How does the product work?
TMS Capital have been trading since 2003 and all of their advisory staff are compliant with the FCA (Financial Conduct Authority).
On top of this, all instruction that is offered through Trendsignal allegedly comes from trainers that have at least 10 years of experience as a professional trader. In terms of the kind of topics that Trendsignal covers, there are a huge number and variety.
Ultimately, these should leave you in a position to have a much deeper understanding of Forex trading and what you need to do to make this profitable.
What is the initial investment?
As mentioned, TMS Capital offer a number of free courses, training, and resources all of which are helpful.
As well as this there are options to take your training further however these do come at an additional (and likely very expensive) cost. Given the nature of TMS Capital and Trendsignal as a product, I wouldn’t expect any money back guarantee and there isn’t one mentioned.
What is the rate of return?
In terms of the income potential from Trendsignal, this is a very difficult thing to gauge. The nature of Trendsignal stops there from being any hard and fast rules and TMS Capital don’t make any specific claims in this regard.
Conclusion
There are a large number of companies offering their services in terms of turning you into the next big Forex investor and frankly, I wouldn’t trust most of them as far as I can throw them.
When it comes to Trendsignal however there is definitely a solid history there and whilst Trendsignal Limited may not be regulated through the FCA, their parent company is and this means that the advice that is being offered is coming from a reputable source.
The fact is however that Forex trading isn’t easy but Trendsignal don’t make it out to be either, instead focussing on trying to teach genuine skills that can be used looking to the future.
Initially I found information videos about Trendsignal “snipers” online to which I requested more information. It seemed a simple trade and leave system which I thought even I could follow but at the time I thought the price was way over the top (£3600)and decided not to go ahead with it.
After around a year and numerous phone calls,I decided to go ahead and invest in Trendsignal in July 2016. I was then invited down to Milton Keynes for a days familiarisation on the product.
As the day’s training unfolded I learned there was more to Trendsignal than just watching out for “snipers” I had previously seen on the videos. By following a few simple rules that were produced by their platform, I learned how to swing trade and what to look out for if there was a possible continuation trade.
Back home I first opened up a Demo account to help get to grips with the set of rules I’d learned before going ahead with a real account. During the time I was using the demo account I was able to have three training sessions with one of the guys from Trendsignal who looked at my trades and who helped me iron out any silly mistakes I had made.
To date (11-09-2016) I have made 35 successful trades and lost 8. The win % fluctuates between 74% and 82% overall. I personally trade with 1% of my account but I know some members trade with 2 – 5% of their account.
Trendsignal takes all of the doubtful emotional stuff out of trading but you still have to be disciplined and follow the rules because if you don’t you may as well trade blinded and on your emotions.
There is continuous help videos and live training and If I’m unsure about anything at all I am still able to contact the guys at Trendsignal who are happy to advise.
Initially I did think the price was far too expensive but now after all the support I’ve had and the continuous training and support I’m getting and of course seeing my trade balance steadily growing, I can only personally conclude that the price is fair.
Jill
hey Jill i am also looking at Trend Signal, are you just end of day trading?
Hi Jill,
I’m currently at the stage you described in your first paragraph. Would you still recommend, and could I ask a few questions?
Thanks in advance.
David
Hi David & Jill
I’m thinking of taking the plunge
Would appreciate your comments on how you’ve been getting on
Hi John, Did you take the plunge? I´m currently looking at it but would love to hear some up to date experiences.
Hi Jill, are you still using Trend signal? if so have are you getting on? thanks Colin