Q: Which broker do you recommend for trading in real account?
A: We recommend InstaForex.
Q: How can you get the bonus from the company InstaForex and BelovFX?
A: You should subscribe for a month of the trading signals receiving and open an account in InstaForex for the sum equal to the subscription fee or more using our link or enter our partner’s code BAWH during the registration. Then send us your account number to support@belovfx.com. The bonus will be accrued into your account within 24 hours.
Q: If the system is so great, why do you sell the signals? Why don’t you trade on exchanges by yourself?
A: We are also engaged in traffic and we do it actively enough. Our purpose is to get several thousands of subscribers, which is not a bad rise for any profit as you understand.
Q: What methods of signal sending do you use?
A: Currently you can get the signals using your personal account or e-mail. You can also get the signals via ICQ – the method is described in the personal account. In the near future we plan to start the sms direct mailing.
Q: How long has the system been working for? Why is there the statistics for several months only?
A: We have been using the real account trading with implementation of this system for more than two years. This system has been and it still stays the part of our real trade. We have started publishing the signals of this system only in October of 2008. Since that moment the statistics has been conducted.
Q: Are there any other systems? Why do you only have signals in this system?
A: Yes, there are, but they often need the orders execution on the market, which means that many subscribers will not be able to do it in time. The signals can also be received in inconvenient time and it is not always easy to keep track of it. We sometimes publish such signals as additional.
Q: What time is the trade conducted?
A: We publish two fundamental pending orders between 6:45 and 7:15 GMT. Sometimes a little bit later. The signals do not always form simultaneously.
Q: What lot do you recommend to strike a bargain with?
A: We recommend using no more than 5% of the deposit with 1:100 margin. (0.5 of lot for a deposit 10.000).
Q: When is it better to delete the triggered order?
A: It is always necessary to delete the orders at 19:00 GMT or earlier, if there is a signal.
Q: You give take profit (TP) of the second level, and how is it possible to kick it out?
A: You can work with it in a way which is more comfortable for you. For instance you are able to buy in half of a deal and to transfer SL in the black after the attainment of the first level. You can also leave the entire amount involved depending on the breakout range of the first TP level, if the level is got over fast. Or otherwise you can use trailing stop.
Q: How do you calculate the statistics then?
A: The statistics involves only one loss at SL and only one profit (if the price reaches TP2 – it displays it, but if it only reaches TP1 – then it displays it). Our clients have got used to such form of statistics; however it may differ from the actual results in any way.
Q: If the client opens 2 orders with 50% at each position (as you recommend), then he closes the first one at TP1, and SL of the second one gets transferred in the black after the closure of the first order, then how will the profit differ with the statistics on the site?
A: We will give an example. In October the profit was +1090 points. If you had worked with two orders then the profit would have amounted +445 points even after the closure at TP1. And the profit after the closure at TP2 would have been +770 points. Herewith every loss is calculated twice.
Q: Is it possible to look at the real statistics of your signals?
A: Yes, it is. You can enter your personal account on our web-site clicking "view archive".
You can ask your questions by e-mail support@belovfx.com