Signa providers

Does anyone use signal providers?
Would you recommend their use?
Which are eth most reliable ones?

Yes, I used to use a signal provider. It is possible to acquire trading knowledge through signal providers. If the signal provider is a profitable trader, many things can be learned.

I am wary of signal sellers. I trust my conclusions more, which I draw after analyzing the available information.

When I was a new trader I used to buy signals and trade but now I can trade much better myself so I don't need signals.

You will find some websites provisioning signals. Just see if they are reliable platforms first.

Actually, I don’t like signal trading. Many scams are in the market.

Signal trading is good if you find a good provider.

Well, signal trading is a very risky idea, because you have to trust your fund to someone else, who you don't know. Nowadays, there are plenty of scammers in this field, who conclude an agreement with scamming brokers and give signals, which fail all the time. You lose your money, broker and scamming trader get it. Actually, of course, there are some traders who give signals and they're considered to be profitable, however you have to spen lots of time to find such one. You need to check it. If you really want to do it, then find some traders who offer signal trading, and try to trade with them on demo account in order to ensure yourself that they're not scammers. Anyway, you'd better try to trade by your own.

being a signal provider is stressful enough, I need a colleague in this case, if you are interested message me

Fx_challenger posted:
being a signal provider is stressful enough, I need a colleague in this case, if you are interested message me

Well, do you have a successful trading system or anything else? Besides, what’s the criteria you are looking for actually?

I don't think they offer anything useful to traders long term. They put emphasis on reward over process.

No signal providers can predict the market correctly. So, instead of wasting your money on them, learn market analysis on your own.

I do but only for confirming my entry and exit points. I don’t depend much on these signal providers because they have a bad reputation. Most of them are scams. Make your choice wisely.

I won’t recommend any signal providers. Some traders might have been lucky to find genuine ones, but whenever I tried to use them, they tried to scam me. It’s better to use your own analysis.

Don’t trust fake signal providers. They will take your money and send false signals to make you lose. It’s better to analyse the market on your own and plan your entry and exit. You may incur a loss, but you will know what went wrong and what needs to be improved. It’s better than following fake signals blindly.

I wouldn’t recommend signal providers as a lot of them can be scams however I do suggest analysing the market and then reaching your own conclusions.

Iimo, deriving trading signals on our own helps us in achieving success in the long run.

Signal providers are not magicians. They are also traders like you and me who analyse the market and tell traders what to do. But as you cannot find out whether what they are telling is true or not, you may not be able to do anything if they turn out to be scams.