Quote from: Renampun on February 05, 2024, 04:43:11 PM

Quote from: letteredhub on January 27, 2024, 10:52:55 PM

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So the earlier every newbie interested trader understands that the period he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes directly out of your own self-made analytical work.

Everything that is done when trading should be done independently, but to be able to reach that stage, it takes a long time because mastering skills and skills in trading is not an easy thing, so many beginner traders only rely on trading signals and advice from other people.
However, all traders must come from amateurs first, so don't ever hesitate to continue trading what you are learning, look for the best formula, and use a demo account as teaching material because demo accounts don't use real money, so you can compartmentalize the strategy you want to use.

this relying too much of signal will be detrimental in the future even more so if the newbie have no capability of distinguishing good trading signal with attempt of creating exit liquidity out of people.
remember that trading signal group are always being managed by some people and these people could be very well having their own ulterior motive i don't believe if they don't, i mean imagine managing such groups intensively, not getting paid for nothing just for the sake of making other people rich that scenario isn't realistic in this world.
always be sure to learn how to make a good analysis, that way even if we are really too lazy to make analysis and just following trading signal we can distinguish at first glance whether something is wrong or not.
after all, there have been many cases even from the paid trading signal group where the owner just making exit liquidity out of people.