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Forex Zone - Forex Forum
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General Forex Discussion
Can We Succeed in Trading Only by Following People's Signals?
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Can We Succeed in Trading Only by Following People's Signals?
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Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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What is certain is that we will not be successful just using signals. What we can do here is when we study manually and analyze manually, that is what is important.
#526
- September 21, 2023, 12:41:34 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Ikhtiar
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It can be done, but there are several things you need to do. Before you start following someone, review their trading records, performance history, and the strategies they use. Make sure they have a fairly consistent record and are not too risky.
#527
- September 21, 2023, 12:44:53 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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we probably won't be able to be successful just using signals because in my opinion successful people always use manual systems using their own methods that they have researched
#528
- September 22, 2023, 01:03:06 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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If you only use signals then you won't be consistent because all that requires knowledge, not signals. So that later you will know how to make a profit using your own method.
#529
- September 23, 2023, 04:53:12 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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When we only use signals when trading, in my opinion it is a big mistake because traders must use knowledge and must use clear analysis, not just signals.
#530
- September 24, 2023, 07:04:57 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
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Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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I'm not sure about this problem because when you only use signals without knowing how to analyze them manually, I won't be able to be consistent because somehow the manual method is more dominant.
#531
- September 25, 2023, 07:19:46 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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In my opinion, it's impossible for us to be successful just by using signals. If it's that easy, everyone can definitely be successful because in my opinion, the important thing is to master our own methods and techniques to be able to trade well.
#532
- September 26, 2023, 07:15:14 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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it should be possible but we also have to be able to see that the signals used must really be real in Open positions but if you want you can actually use your own analysis to make it more comfortable
#533
- September 27, 2023, 07:15:26 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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Using signals from other people will not make you successful. It will not make you consistent. What can make you consistent is by using trading methods or your own analysis methods.
#534
- September 29, 2023, 02:13:26 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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I can confirm that when you only use signals, especially if the signals are generated from other people, I am sure that you will not be consistent. Maybe you can get profits but not being consistent is useless because the important thing is to be consistent.
#535
- September 30, 2023, 02:45:36 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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In my opinion, this is impossible because when you only use signals and don't use your own way with your own learning method. I'm sure you won't be able to survive for long. You may get profits but that's only once in a while.
#536
- October 01, 2023, 05:40:24 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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If you only use signals obtained from other people, in my opinion that is a mistake because when you only use signals it actually makes it difficult for you to get good profits.
#537
- October 02, 2023, 07:11:45 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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If you only rely on signals generated or created by other people, in my opinion they are not valid. All the signals used by editing will be able to make you consistent. What can make you consistent is your own trading system, knowledge that you have trained yourself.
#538
- October 03, 2023, 05:04:48 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Dyandra
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What I know is that it will not be possible for you to be consistent just using signals generated by other people. All you have to do here is focus on trading the right way.
#539
- October 04, 2023, 06:45:07 AM
Re: Can We Succeed in Trading Only by Following People's Signals?
Vernalta
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If you only use signals generated by other people, in my opinion it is not wise, however, every trader must use his own method and must use his own method in analyzing so that the results will be more satisfying.
#540
- October 05, 2023, 07:26:36 AM
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