Post
Topic
Board Trading Discussion
Re: Do You Use Crypto Signals?
by
okorieemmanuel
on 11/02/2024, 17:39:44 UTC
Yeah I do follow singals and i think singals could be an additional helping tools that would help you during investigation the market. Besides singals also saves lots of time too. And in my opinion it won't be bad to follow signal until you completely depends on it. Cause not all singals will proves profitable for you and it isn't wise decision for a trader to completely depend on other skill and others singals rather than developing yourself. Thus a person can differ how to use singals and which singal will be more better to go with
From my own way of trading I only follow a signal that aligned with my own trading strategy which would give me more confidence to pull the trigger I think it would be of great help if a trader who wanted to rely on trading signal to have an in-depth knowledge of trading atleast that would help to avoid trading blindly and if a signal is provided that would also help the trader to filter most of those signals, I believe any venture that involves capital needed to be given much attention to it so as to avoid losing all the funds that is where or why many traders fail in trading and consequently lose their funds

I agree with you. It is better to use a signal that follows your trading strategy than to enter a trade based on the signal alone. Trading can be complicated sometimes. Signals simplifies it.