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.
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.
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.
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.
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.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores.
El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo.
Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda.
Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación.
Los resultados pasados no son indicativos de los resultados futuros.