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  #1 (permalink)  
Old 10-31-2008, 01:18 AM
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Default fxswingtraders.com (Kumar Khemchandani) Reviews

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  #2 (permalink)  
Old 12-02-2008, 05:44 PM
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Default i love using kumar-khemchandani signals

Beware: This service has probably the best forex accounts service listed on forex signals forum

I subscribed when Kumar was giving his signals and that was the service. They are very good so he added the ART signals, which did great i n demo. When they went live they have madet accounts several times more with Profits

So, Kumar stopped giving his signals and started giving his "Banker's Signals". They did even better (and I countinued my subscription), so he offered for free "Forex Dealer" GBP/JPY signals, which (surprise) did even better!

So he had a trader (S. Ralston) offer his signals for free. These have done fairly well so far. Of course, when I actually started using the signals, he made them only part of his $299/month service and I would recommend

the stop losses are small ! pips to make 100 on each ART trade means that you have to hit 10% per cent winners just to BREAK EVEN. You can win 10 in a row easy

Spend the $299/month. you will be very happy with this service . because fxnewswiz service is garbage and run by a scammer!
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Old 12-07-2008, 10:56 PM
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Default Kumar is not using stop-losses

Bill, your description of a stop-loss is incorrect. A stop-loss is used to limit your risk of losses on a particular trade. Not using a stop-loss on every trade goes against everything I have read about proper money management. And as any successful trader will tell you, sound money management is just as important as a sound trading plan. If Kumar is not using stop-losses, then he is not only putting his own capital at great risk, but he's also putting his client's capital at unnecessary risk. That, in my eyes, is grossly irresponsible.
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