SWING KING FOREX Review: An Honest Review of a Telegram Channel

At first glance, with a name that screams confidence and a subscriber list over 10,000, you would think this is a legitimate source for swing trading signals. However, after a closer look at its modus operandi, quality of signals, and honesty, a different story unfolds.

This write-up will examine SWING KING FOREX with back tests and real-world observations to determine whether this is a reliable source of trading signals or a slick operation designed to get people to buy a service with false promises.

Channel Overview:

Telegram Channel Link - https://t.me/REALSWINGtre

Feature	Details
Channel Name	SWING KING FOREX
Operational Since	January 1, 2023
Subscribers	10,275 (Medium-sized)
Posts Per Day	~6 (Active)
Avg. Views Per Post	570 (Suspiciously low for subscriber count)
Social Networks/Website	None
Main Content	Free signals, trading results, trade updates, paid channel promotion
Free Signals	Yes (1-2 per day on average)
Markets Covered	Gold and Forex
Trading Style	Day Trading (NY & London Sessions)
Free Education	No
Paid Services	Premium (VIP) channel
Real Person/Face	No
Verified Win Rate (6 Months)	6%

The Dream of Big Wins

The basic premise of SWING KING FOREX is no different from other channels with a similar reputation: they are a free Telegram channel providing Gold, Forex, Indexes, and Oil signals for traders. Their signals are simple, and their reward-to-risk ratio is high.

To any newcomer, these signals are a dream come true, a golden ticket to making a quick profit in trading. The reality, however, is far removed from this.

Value That’s Scarce

The first major problem with SWING KING FOREX is the quality of their signals, which are scarce in quantity. There are weeks with a paltry 1-2 signals, and if you look at their content, 90% of their posts are bragging about their VIP group results.

The Real Quality Problem: Free Signals

The second problem is with the quality of the free signals. Our team conducted a thorough backtest on all free signals received over the last six months, and the results are alarming. The average winning percentage is around 6%.

What is the reason behind this low winning percentage? Let’s take a closer look at the format of these signals. Let’s take a look at a typical free signal:

Gold Buy @ 4118

Stop Loss 4113

Take Profit 4426

KEEP HOLD

With a risk of $5, this gives a potential profit of $308, which is a reward/risk ratio of 61.6.

Signals with this type of RR are known to have a low level of accuracy, and according to our backtest, only 6% of these free signals actually reach their take-profit level.

More often than not, you can only take a partial profit, after which most of these signals are closed at break-even. If there is a small movement in your favor, say 10 pips, this is touted as a success, while hitting the full take-profit level is a fantasy.

The “Fake It Till You Make It” Tactic

There are a number of other signs which indicate how this channel operates, and they are not very flattering. If this channel has 10,275 subscribers, with an average of 570 views per post, it is highly likely that many of these subscribers are fake, as in, they are bot accounts or accounts purchased by this individual to give the illusion of having a larger following.

Also, there is no human behind this channel. There is no name, no trading history, no professional background of this trader, and no VIP subs automation.

It is reasonable to assume that this is exactly what is happening with VIP signals, which are probably just copied from the paid version and sent to these members.

Bottom Line: It Feels Like a Scam

With these facts in mind, which include an average win rate of 6% over six months, deceptive risk to reward calculations, an inflated number of followers, lack of transparency, and a focus on sales rather than teaching or delivering value, we highly recommend that traders avoid SWING KING FOREX.

0/10 TRUST SCORE

This channel is not a reliable source for traders, and it feels like a scam. It appears to be more of a marketing strategy to get traders to dream about making large sums of money.