How is their service works – How to create and apply Trading Signal
Their design and workflow is one of the best we have seen on the market, it’s very easy and quick to understand and move around, and black is always pretty.
One of the things we noticed from the begging, they have Created Trading Center, this is unbelievable comfortable thing, you can see the signal and apply it on the same page once you work with their selected trading platforms.
In the trading area you have all your brokers that you work with, and it’s so simple and easy to see the signal and place it, so much fun and easy to do.
In their system they have not all the assets, they are lacking OIL to trade with nevertheless, toolstrades signals has all the Major Pairs, gold silver even stock and crypto signals.
How is the signal looks like?
You select an asset for example and click on Short Term signal ( it means usually it will reach it stop loss or take profit during the day )
This is the signal
Strike rate: How much was the gbp/cad on the moment you opened the trade
Strike date: It’s the time of the signal creation
Current rate: Their system shows live ( with 60 seconds update ) of how much is now at any give moment that the trade is active how much it is.
Buy/Sell: As it sounds it shows you if you need to buy or sell the asset
Take Profit: In your trading system after you open a trade – you need to place take profit
Stop loss: In your trading system after you open a trade – you need to place stop loss
In their system they also provide recommendations
We asked toolstrades what is the reason volume set on 0.05 – Their response was very professional: to minimize the risk – ( basically in the beginning you need to see if the service works like it is suppose to ) - so do try to start baby steps.
TP2/TP3 is fore more professional traders who understand the higher risk / Reward reissue.
So the steps are:
- Select an asset
- Click shot term
- Go to your platform select the same asset
- Select if the signal shows you buy or sell
- Then come back to the same asset and copy the numbers of stop lost take profit
For our team it took 2 seconds to place the trade and another 10 seconds to place stop lost and take profit.
The reason why you place the stop lost and take profit immediately, is because every second the market change, and if you wait a little bit longer you will miss your entry point.
We asked the toolstrades team what do they recommend, their answer was – “ you have up to several minutes to place the trade of the signal shown on our system “
Unmatched Toner Cartridge Quality
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Their system provides with another very important signal: They have a signal that says when not to trade
Sorry this asset doesn’t have a quality signal yet, try again in a few minutes. No signals were charged
Very important to listen to this signal. Not to trade – even if you really want to do so – do not do it – this is their recommendation.
When you create a signal, when it’s ended they also have a tab near it called: Ended signals.
In this tab you can see the simulated results of what would happen when you place the trade.
We ask them how it works:
Toolstrades answered: We do not have access to members trading accounts, so we use a simulation and provide the same result as if you would place the trade. The numbers are correct by 96% the same as if you would do it. The only thing is lacking is the spread from each trade, nevertheless in the small volumes its irrelevant compared to the stop lost ant take profit higher number.
Our engineers worked very hard to make our members fill like at home and have the same numbers
The daily results updates almost every minute:
You can find your own name and the name of the other members and country – shown. We double cheeked the results all are true. It’s just unbelievable how their system was created.
When we asked them, so why you provide your system to everyone, why don’t you use it for your self?
ToolsTrades answer was:
- They do use it for themselves
- It works the same like any huge company for more money you need to go public ( the same way how stock was formed ) so that’s way they also open they system to the public.
Every day their system is updated with yesterdays top users who had the best simulated results, we checked, and everything shown is correctly.For example, if john t. was placing the signal that he requested from the system his simulated profit would be the day before: $3,001 on his trading platform
ToolsTrades has simulated winning results of the assets, so for example what they show the asset: EUR/CAD, all the members together had a total profit of $10,379
Their system shows also how much signals was opened, they clamed to have around 200k members since 2012, but it shows only eur/usd 80 trades was opened that it is strange, so we asked them how come the number such small one?
ToolsTtades: They system block members not to trade when the market is not stable, so the number of the shown signals are very small, nevertheless once you have the signal it has very high chances to get it right,
InvestinChef Strongly recommend any trader out there, sign up with them – and do what they ask. We are amazed from their service and result.
InvestinChef crew up to this date continue use their trading signals in a personal matter.
We had decided to divide the review for several marks: