Signals are profitable?

they may or they may not be profitable.it depends on the signal provider.

Signals are not always profitable. I think it reduces your confidence and decision taking abilities.

@Tremblay Yes signals are not always profitable. Usually signals providers give a lot of signals everyday to to keep a better successful percentage.

@Brussels88 Beginners should not use signals services. If making profit in the forex market were so easy, anyone would make money here. But the reality is very few can make money here.

It depends on signals. Some of them are trustworthy while another group of signals is an absolute trash. Especially if we are talking about free of charge signals. Actually, I believe that the right attitude to the signals should be careful. I mean that you shouldn't follow the signals blindly and always have your own vision of the market. They are kind of advice and it is up to you whether to follow them or not. Critical thinking is a must in trading. Never trust anyone, test all of the ideas on your demo account and make your personal trading decisions.

Not all of the signals are profitable.
If I had a good trading strategy which would give me good returns and if I got tired of trading, I would think about selling my signals. In this case I wouldn't take risks if I just sold the signals.

Tremblay posted:
Signals are not always profitable. I think it reduces your confidence and decision taking abilities.

Yes. It is not always profitable.

There are enough signals providers on the market actually, but the main thing is that the vast majority of them are just scammers that's why it will be very difficult to find a proper signals provider. In my opinion, there are some signals providers who can help you to make profits in trading activity, but anyway they watn you that you have to think by yourself and you shouldn't make uncoscious moves. They prohibit to buy or sell assets uncosciously, believing their signals. They're also traders who can make mistakes. Hence you have to be quite cautious with signals providers I guess. Be careful.

Forex signals are automated and do tasks they are designed to do. However, the forex market is volatile and the forex signal can’t outperform decisions taken by traders.