Following signals is not a ideal option as a newbie. It's the time of learning. Forex trading requires specific knowledge and skills. Even to follow someone you need good knowledge about trading. Be skilled if you want to make money with forex.
Signals isn't profitable. Because signal suppliers give a good deal of signals everybody. And it isn't feasible for anybody to follow each of the signal. Suppose you did 3 trades out 10 and your 3 hit stop loss but other signals were rewarding. In average they're providing green pips but you're losing.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.