Signals are profitable?

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.

Could be good for proof of steady income if you need a loan or mortgage. Banks don't look at trading income very favourably

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.

No future with signal service or anything about automatic trading! Only manual trading is real, means no way by depending on others!

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!!!

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!

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!

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.

I think manual trading will be the best option to make money from this market.

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.

Yes. but not always. To make a profit with signals you need to have proper knowledge and experiences.

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.

I can not rely on forex signals. You need to enough experienced in order to trade with signals.

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.

Manual trading looks best to me. Relying on signal providers is something I can’t do. It adds to my anxiety.

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.

Knowledge is very important to gain trading profit. I think I have to learn to trade on my own.

I have no experience using signal, but when trying to monitoring and try, they also have a mistake and not always true.
Still prefer to develop based own strategy instead use signal.

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.