Yeah Arrows makes your team lose possession if you make them backwards. It is very logic to lose possession if your team is falling back and play defensive.
I only use a forward arrow sometimes on my AMC. My experience with forward or red arrows is that it makes you more vulnerable back and a bigger chance to let in some goals.
If you are under in a game you can put team on very offensive and arrows forward on your attackers, but not on every player then your team just get weaker.