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Should Newbies turn to signal providers rather than trading themselves?

techboy
Apr 30 2017 at 11:53
4 posts
Using a signal provider is one way to make money in the market without much effort and at the shortest possible time but beware and make sure that you examined throughly the strategy being use by the signal provider most of theme are using big SL with smaller TP or do some martingale approach, PnL may look flawless in the early going but once the market start to go against their current trades it will wiped out your account, signal providers with huge winning percentages are most likely high risk strategy, if you want to survive in the market for long always consider a provider that value proper risk management and maintained good RR all the time. Never aims for huge returns in a short period of time. I have a signal at zulu that will build your account slowly and safely.

ClarknHammer
Apr 30 2017 at 14:07
1 posts
Using signals is not going to make you a better trader. It's best if you just learn the tools to do it yourself so you aren't dependant on someone else to make you money. I'd rather be wrong than someone else being wrong and getting burnt by then!

Jits2020
May 01 2017 at 11:11
10 posts
But it can be good to follow some signals while you are learning to trade for yourself. This way you can get a steady stream of profit coming in which you are learning

mlawson71
May 05 2017 at 13:14
1487 posts
Jits2020 posted:
But it can be good to follow some signals while you are learning to trade for yourself. This way you can get a steady stream of profit coming in which you are learning


If you've made the right choice about whose signals to follow, at least.

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