Forex Zone - Forex Forum

Can We Succeed in Trading Only by Following People's Signals?

Discussion started on General Forex Discussion

  • Sr. Member
  • Posts: 300
  • Points: 0
  • Likes Received: 12
  • Reputation: +0/-0
For this problem of course you can but do you have to use other people's signals when you can actually analyze yourself so I don't think you should do that
#151 - October 01, 2021, 10:42:05 PM

  • Full Member
  • Posts: 219
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
Yes, of course we can do it because when we do anything in the world of forex trading, we can actually do it. The important thing is how do we follow good signals, not fake ones
#152 - October 03, 2021, 05:49:35 AM

  • Sr. Member
  • Posts: 352
  • Points: 62
  • Likes Received: 20
  • Reputation: +0/-0
of course we can be successful but that doesn't mean you have to use signals for the rest of your life you use signals maybe because you don't have time to recognize when you are a beginner
#153 - October 04, 2021, 10:11:53 PM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
indeed we can be successful by using signals from other people but make no mistake by using signals from others then we will not be able to be ourselves and will always follow others
#154 - October 05, 2021, 07:06:51 AM

  • Sr. Member
  • Posts: 256
  • Points: 6
  • Likes Received: 14
  • Reputation: +1/-0
we can be successful by using signals but you should also learn little by little so that you understand the signals because nowadays there are many fake signals circulating just to get your money
#155 - October 07, 2021, 10:40:57 PM

  • Sr. Member
  • Posts: 269
  • Points: 6
  • Likes Received: 5
  • Reputation: +0/-0
It seems that it can be successful or not successful, depending on the psychology and trading emotions that we have. With the same entry sometimes does not necessarily produce the same ending. Sometimes many signal providers improvise with the signals that have been given, and sometimes they cannot continue to be followed by their followers.
#156 - October 07, 2021, 10:44:23 PM

  • Sr. Member
  • Posts: 485
  • Points: 1000
  • Likes Received: 2
  • Reputation: +0/-0
What do we see first? if we as traders we must master the knowledge of forex that means we will not be able to succeed with dependence on other people's signals. If we as investors we can follow other people's signals.
#157 - October 07, 2021, 10:45:28 PM

  • Full Member
  • Posts: 237
  • Points: 2100
  • Likes Received: 16
  • Reputation: +2/-0
the use of signals that you are going to do is in vain because instead of using signals it would be better if you can learn on your own so that you can determine or make your own signals when you use signals from other people it is only temporary
#158 - October 07, 2021, 11:18:54 PM

  • Sr. Member
  • Posts: 298
  • Points: 3
  • Likes Received: 13
  • Reputation: +1/-0
we can be successful by using signals from other people but are you sure you can be consistent with those signals If I am not consistent that is for sure than I use signals I will definitely learn
#159 - October 09, 2021, 06:52:17 AM

  • Sr. Member
  • Posts: 300
  • Points: 0
  • Likes Received: 12
  • Reputation: +0/-0
Do you want to use signals from other people in my opinion it can make you successful but does not guarantee you will always be successful it would be better when you use your own way to analyze the market
#160 - October 11, 2021, 05:29:55 AM

  • Full Member
  • Posts: 242
  • Points: 47
  • Likes Received: 14
  • Reputation: +0/-0
For this problem, I really can't answer it because everyone is different, the most important thing is how you can be successful using signals from other people
#161 - October 13, 2021, 06:52:02 AM

  • Full Member
  • Posts: 225
  • Points: 0
  • Likes Received: 19
  • Reputation: +0/-0
it can happen to us because indeed when we do an analysis using signals from other people, I think it's a natural thing for beginners, you don't use signals too often
#162 - October 15, 2021, 12:24:01 AM

  • Full Member
  • Posts: 100
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
actually we can do this, as long as the signals we follow are indeed profitable signals, and proven to be consistent, but the negative effect is that we become dependent and cannot be independent.
#163 - October 15, 2021, 12:24:20 AM

  • Full Member
  • Posts: 174
  • Points: 10
  • Likes Received: 15
  • Reputation: +1/-0
using other people's signals can indeed make us profit, but that does not mean we can consistently use other people's signals because using other people's signals we will not be able to maximize our ability to analyze well
#164 - October 16, 2021, 01:31:32 AM

  • Full Member
  • Posts: 157
  • Points: 0
  • Likes Received: 11
  • Reputation: +0/-0
using other people's signals will make you able to benefit but not necessarily you can be consistent but my advice you should also be able to analyze using your own way
#165 - October 17, 2021, 03:01:18 AM

Members:

0 Members and 1 Guest are viewing this topic.