Forex Zone - Forex Forum

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

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 16324
  • Points: 195
  • Likes Received: 31
  • Reputation: +2/-0
If the system has been tested then we can follow that person's signal, we are trying to do this now, to resist the temptation of the market and our own psychology.
#631 - January 25, 2024, 06:10:27 AM

  • Hero Member
  • Posts: 64609
  • Points: 0
  • Likes Received: 99
  • Reputation: +18/-46
In my opinion, it is impossible for us to be successful just using signals, in fact when we only use signals it makes us unable to focus on running more real trades, so using manual techniques is also important.
#632 - January 27, 2024, 01:38:30 AM

  • Hero Member
  • Posts: 62877
  • Points: 209
  • Likes Received: 57
  • Reputation: +53/-46
I'm not sure. When you only use signals and can be consistent, people who only use signals will not be able to get anything. Using signals actually makes it difficult to be successful.
#633 - January 30, 2024, 03:13:42 AM

  • Hero Member
  • Posts: 64609
  • Points: 0
  • Likes Received: 99
  • Reputation: +18/-46
we can use signals when we can use technical analysis when we can use technical analysis we can use signals but with a note we have to know what is happening with the market
#634 - February 02, 2024, 02:10:29 AM

  • Hero Member
  • Posts: 62877
  • Points: 209
  • Likes Received: 57
  • Reputation: +53/-46
It will not be possible to be successful as long as you only rely on using signals. We can be successful if we can try on our own using our own analysis and that takes time to learn.
#635 - February 03, 2024, 04:18:02 AM

  • Hero Member
  • Posts: 64609
  • Points: 0
  • Likes Received: 99
  • Reputation: +18/-46
In my opinion, using signals cannot be used as a benchmark. In fact, when you only use signals, it makes you lazy to work, making you unable to focus on making a profit.
#636 - February 08, 2024, 06:23:36 AM

  • Hero Member
  • Posts: 16324
  • Points: 195
  • Likes Received: 31
  • Reputation: +2/-0
Forex is trading currencies from various countries around the world and of course each person will have their own signal, but if you want to be successful, in my opinion, it is better to make your own signal and practice so that your trading can be better.
#637 - February 08, 2024, 08:46:14 AM

  • Hero Member
  • Posts: 64609
  • Points: 0
  • Likes Received: 99
  • Reputation: +18/-46
If we only use signals I don't think we will be able to succeed in any form using signals that are only for lazy people for people who don't want to try to study well.
#638 - February 12, 2024, 01:11:41 AM

  • Hero Member
  • Posts: 16324
  • Points: 195
  • Likes Received: 31
  • Reputation: +2/-0
Following other people's signals or forex copying is a tool that is quite commonly used, you can even access it anywhere and you certainly don't need to do your own analysis if you use someone else's analysis.
#639 - February 15, 2024, 11:38:41 PM

  • Hero Member
  • Posts: 62877
  • Points: 209
  • Likes Received: 57
  • Reputation: +53/-46
We can't just rely on signals. When you only rely on signals, you won't be able to analyze independently, even though the most important thing is your own techniques and methods.
#640 - February 22, 2024, 04:35:06 AM

  • Hero Member
  • Posts: 16324
  • Points: 195
  • Likes Received: 31
  • Reputation: +2/-0
There are several people I have heard whose stories were successful with other people's signals. But of course we have to know what trading signals are happening at this time.
#641 - February 22, 2024, 05:57:32 AM

  • Hero Member
  • Posts: 62877
  • Points: 209
  • Likes Received: 57
  • Reputation: +53/-46
Of course it won't be possible if you only rely on using signals to open positions because using signals is not part of the analysis, it is only a tool.
#642 - February 28, 2024, 12:25:17 AM

  • Hero Member
  • Posts: 64609
  • Points: 0
  • Likes Received: 99
  • Reputation: +18/-46
We cannot only rely on signals, but we must also be able to rely on manual techniques where these techniques can be mastered seriously.
#643 - March 06, 2024, 12:58:46 AM

  • Hero Member
  • Posts: 16324
  • Points: 195
  • Likes Received: 31
  • Reputation: +2/-0
Many people fool themselves into thinking that they cannot make their own signals and tend to follow signals from other people, I think this is wrong thinking and we must have the courage to do our own analysis.
#644 - March 06, 2024, 10:38:05 PM

  • Hero Member
  • Posts: 62877
  • Points: 209
  • Likes Received: 57
  • Reputation: +53/-46
In my opinion, don't always use signals produced by other people. You should focus on your own method so that you can get high profits and you must be able to do this well and correctly.
#645 - March 13, 2024, 09:35:06 AM

Members:

0 Members and 1 Guest are viewing this topic.