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Signals are profitable?
forex_trader_445428
Mitglied seit Jul 19, 2017
83 Posts
Aug 07, 2017 at 06:31
If you have a profitable system, Do you agree to be a signal provider?
what long term benefits you see in this career opportunity?
Please discuss.
what long term benefits you see in this career opportunity?
Please discuss.
forex_trader_445428
Mitglied seit Jul 19, 2017
83 Posts
Aug 09, 2017 at 06:21
LogiBear posted:
Could be good for proof of steady income if you need a loan or mortgage. Banks don't look at trading income very favourably
yes this is a good point thank you for pointing it out. also in few countries trading foreign exchange in not allowed so this can be helpful.
forex_trader_445428
Mitglied seit Jul 19, 2017
83 Posts
Aug 09, 2017 at 11:50
AmDiab posted:
No future with signal service or anything about automatic trading! Only manual trading is real, means no way by depending on others!
why do you think that? I have automated strategy and it is working great!!!
Aug 13, 2017 at 06:28
Mashallah posted:
If you have a profitable system, Do you agree to be a signal provider?
what long term benefits you see in this career opportunity?
Please discuss.
I am not against on automatic service! But I seem, manual trading is much better than signal service! Here, you are the king of your kingdom!
Aug 13, 2017 at 07:16
Mashallah posted:AmDiab posted:
No future with signal service or anything about automatic trading! Only manual trading is real, means no way by depending on others!
why do you think that? I have automated strategy and it is working great!!!
Then, please give your investor password or any direct link to your account!
Mitglied seit Jul 23, 2020
816 Posts
Aug 20, 2020 at 16:13
Signal service can be a great toll, if you know how to use it. You need to understand how this tool works, in other words, what strategy your signal provider is using to place the trades. Also, it's very important to understand money management which is the only thing you can control.
Mitglied seit Jul 19, 2020
283 Posts
Aug 20, 2020 at 17:59
I think manual trading will be the best option to make money from this market.
Aug 24, 2020 at 15:41
Signals trading ruins your own ability. You become dependant on others. It becomes difficult to develop self confidence. Moreover by following signal it's not possible to be successful. Because you only follow the signals, you don't get the market emotions.
Mitglied seit Jul 20, 2020
278 Posts
Aug 25, 2020 at 07:09
Yes. but not always. To make a profit with signals you need to have proper knowledge and experiences.
Aug 25, 2020 at 09:32
Signals are uncertain it is not advisable to do the trading on the basis of the signals. They are sometimes very profitable but sometimes they are not at all. So, do not completely depend upon the signal use them for reference purposes but not accept it as a daily practice.
Mitglied seit Mar 17, 2021
494 Posts
Apr 21, 2021 at 16:37
ElliotCooke posted:
Yes. but not always. To make a profit with signals you need to have proper knowledge and experiences.
Knowledge is very important to make money from this market.
Mitglied seit Jul 23, 2020
696 Posts
Apr 22, 2021 at 15:59
78678676 posted:
Manual trading looks best to me. Relying on signal providers is something I can’t do. It adds to my anxiety.
Me also. I don’t want to lose because of other’s mistake.
Apr 27, 2021 at 13:34
Signals is not profitable. Because signal providers give a lot of signals everyone. And it is not possible for anyone to follow all the signals. Suppose you opened 3 trades and all 3 hit stop loss but some other signals were profitable. In average they are giving green pips but you are losing.
Apr 27, 2021 at 15:58
UweMoench posted:
Signals is not profitable. Because signal providers give a lot of signals everyone. And it is not possible for anyone to follow all the signals. Suppose you opened 3 trades and all 3 hit stop loss but some other signals were profitable. In average they are giving green pips but you are losing.
There is an argument. Because it is necessary to manage the trade after trading according to the signal. If that management is not done properly, it will be a bit difficult to make a profit.
