Forex Zone - Forex Forum

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

Discussion started on General Forex Discussion

  • Full Member
  • Posts: 192
  • Points: 494
  • Likes Received: 3
  • Reputation: +0/-0
That can happen because every trader has their own strategies and one of them is to follow a forex copy or subscribe directly from someone else.
#16 - February 09, 2020, 11:50:18 AM

  • Full Member
  • Posts: 109
  • Points: 245
  • Likes Received: 3
  • Reputation: +0/-0
the signal that we use for entry can indeed come from anywhere as long as the final decision remains in our hands, except when taking a forex copy or PAMM.
#17 - February 09, 2020, 02:08:58 PM

  • Full Member
  • Posts: 168
  • Points: 725
  • Likes Received: 3
  • Reputation: +1/-0
in my opinion it can, it's just that following other people's signals can be a thing that includes dependencies and risks if the signal provider has stopped giving signals we have to look for other signals.
#18 - February 10, 2020, 06:22:41 AM

  • Full Member
  • Posts: 143
  • Points: 263
  • Likes Received: 3
  • Reputation: +0/-0
success is not determined by traders who must have their own trading system, but success can be achieved in various ways as long as the method is good and proven to produce long-term profits it is not a problem.
#19 - February 10, 2020, 07:24:38 AM

  • Newbie
  • Posts: 30
  • Points: 0
  • Likes Received: 3
  • Reputation: +0/-0
It can be successful from following a professional trader. 
you put yourself as an investor better to do that. 

if you become a trader it's better to learn from pro traders and then start trading independently for success.
#20 - February 11, 2020, 04:10:22 AM

  • Jr. Member
  • Posts: 78
  • Points: 4549
  • Likes Received: 3
  • Reputation: +0/-0
many have proven that they can succeed through forex copy or manual trading using subscription signals, it's just that we need an analysis to choose a good signal provider in the long run.
#21 - February 11, 2020, 09:09:27 AM

  • Jr. Member
  • Posts: 68
  • Points: 459
  • Likes Received: 1
  • Reputation: +0/-0
the answer is yes. Because every trader has his own strategy, maybe if we use someone else's signal or join a forex copy program it will be the same as us trading using EA, both automatically and we don't need to think or analyze.
#22 - February 12, 2020, 02:05:30 AM

  • Jr. Member
  • Posts: 67
  • Points: 466
  • Likes Received: 1
  • Reputation: +0/-0
I have seen that there is someone who is successful just by taking part in forex copy and indeed there are many choices in the forex world such as manual trading, EA, PAMM, forex copy, even selling EA or custom indicators and many more to be successful through the forex world.
#23 - February 12, 2020, 04:39:00 AM

  • Newbie
  • Posts: 45
  • Points: 159
  • Likes Received: 2
  • Reputation: +0/-0
it is very possible that someone can succeed only by using someone else's signal because basically anyone's analysis is the same as long as it is profitable and implemented correctly.
#24 - February 13, 2020, 05:02:17 AM

  • Newbie
  • Posts: 44
  • Points: 218
  • Likes Received: 0
  • Reputation: +0/-0
using other people's signals can be successful if we can choose a good signal from a provider that is suitable and proven to be proficient in the long run, don't just buy expensive but unproven signals.
#25 - February 16, 2020, 10:14:12 AM

  • Full Member
  • Posts: 180
  • Points: 299
  • Likes Received: 6
  • Reputation: +1/-0
I think it can, it's just that the chances of success for a trafficker who only rely on other people's signals are less than those of traders with their own analysis and strategies, maybe indeed it has become the choice of each trader.
#26 - February 17, 2020, 12:11:56 AM

  • Full Member
  • Posts: 136
  • Points: 183
  • Likes Received: 6
  • Reputation: +1/-0
if we only follow the trading signals of others, we might have to be clever in choosing and sorting out trading signals that are accurate and also proven to have gotten long-term profits.
#27 - February 17, 2020, 10:32:30 AM

  • Full Member
  • Posts: 159
  • Points: 598
  • Likes Received: 9
  • Reputation: +1/-0
my answer is that it can because every trader has his or her own way of success, one of which is by subscribing to signals from others or using other people's signals as consideration of the entry of his own analysis.
#28 - February 18, 2020, 05:58:59 AM

  • Newbie
  • Posts: 41
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
Depending on where we get the signal, we must know the signal well and the person giving the signal already has a good portfolio in forex trading.
#29 - February 19, 2020, 08:42:12 AM

  • Jr. Member
  • Posts: 67
  • Points: 799
  • Likes Received: 0
  • Reputation: +0/-0
I am sure if traders try hard and continue to struggle to find a signal provider that agus it will be successful, the important thing is we can get long-term signal that has proved to be profitable.
#30 - February 20, 2020, 09:28:03 AM

Members:

0 Members and 1 Guest are viewing this topic.