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Can We Succeed in Trading Only by Following People's Signals? in General Forex Discussion_67f83ac065b44

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

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using a signal can't be successful that can only be with your knowledge
#406 - March 01, 2023, 05:25:09 AM

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Yes, you can, but if the person doesn't give you the signal, then you will be confused about where to find the signal
#407 - March 01, 2023, 06:13:48 AM

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don't do it again if you don't feel comfortable using the signal
#408 - March 02, 2023, 02:16:21 AM

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While following other traders' signals in Forex business can be a useful strategy, it's important to note that success in trading ultimately depends on individual skills, knowledge, and decision-making. Relying solely on signals from others may not provide a comprehensive understanding of the market or a tailored approach to risk management. It's important for traders to conduct their own analysis, identify their own trading goals and strategies, and develop a disciplined approach to risk management. By doing so, traders can create a personalized approach that is more likely to lead to long-term success.
#409 - March 02, 2023, 09:11:40 AM

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I do not completely understand. How to use the signal but I can't
#410 - March 02, 2023, 09:57:09 AM

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Can We Succeed in Trading Only by Following People's Signals? in General Forex Discussion_6803a6c52eb12
#411 - Today at 12:33:15 AM

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if you only use signals then you will find it difficult to succeed
#411 - March 03, 2023, 09:07:01 AM

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Following people's signals in forex trading can be a useful strategy for beginners or those who lack the expertise or time to analyze the market themselves. However, relying solely on signals without understanding the underlying market dynamics and developing one's trading skills can be risky and unsustainable in the long run. It's important to have a basic understanding of technical and fundamental analysis and to use signals as a complementary tool rather than a primary source of information. Additionally, traders should be aware of the risks associated with signal providers, such as false signals, market manipulation, or unethical practices. Ultimately, to achieve sustainable success in forex trading, traders need to develop their own trading style, risk management strategies, and continuously improve their knowledge and skills.
#412 - March 03, 2023, 09:13:45 AM

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I'm sure of course using that signal is ineffective and can't be used full time
#413 - March 04, 2023, 09:43:18 AM

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Of course you won't be able to just use the signal because that rarely happens
#414 - March 05, 2023, 11:04:01 AM

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I don't agree with this because there's no way you can use it
#415 - March 06, 2023, 06:54:35 PM

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I haven't expected that but it must make it difficult for you to grow
#416 - March 07, 2023, 08:13:16 PM

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I think you are not enough if you only use the signal you also have to learn
#417 - March 09, 2023, 01:13:56 AM

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You won't be able to use the signal because it will be hard for you to use properly
#418 - March 10, 2023, 01:36:24 AM

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Pay attention to the signals you follow and try it in a month then see the results, if it's good then you should continue but if not then use your own analysis
#419 - March 11, 2023, 02:29:38 AM

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I think using other people's signals is not good and cannot be used as a reference.
#420 - March 11, 2023, 02:39:00 AM

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