Quote from: maydna on Today at 08:30:04 AM

Quote from: Dewi Aries on June 15, 2024, 05:40:43 PM

Quote from: maydna on June 15, 2024, 11:55:57 AM

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Yes I understand that trading is a difficult and complicated lesson, it is not easy to understand everything that looks very complicated, and maybe this is one of the reasons why some people prefer something instant, namely by following the indicators they use or following signals from others as you said. But in some cases often the signal is not given for free, usually they will subscribe for a certain period of time to the signal owner, meaning it is not free, while in trading there is no way or strategy that is 100% accurate, meaning there will always be times for you to experience losses even if you follow signals from parties you trust.

I have experienced this where I lost almost half of the total balance I had, and it made me think it was better to do everything myself with the knowledge I have even though I don't know too much. I do not prohibit anyone from following the signals of others, if you are ready with all the consequences then please, but what we must understand is that people who are successful in anything including trading are learning from their own experience, meaning they have their own way, and I will also say that not all strategies that are profitable for others will be profitable for you. So far I prefer to learn by myself, because in my opinion every successful trader has a different trading style. But it is not a problem to try to find learning from other parties to be taken into consideration.

Those who use signals from others will difficult to follow because they don't have the same timing to action at the market and the signals will not always gives every time they wants. Those people must pay some costs to gets more signals from those who called expert. That is not good for them because they spends their money to subscribe the services but they will not guarantee to makes a profit from that services. It is better they learn trading from many sources to improve their skills than to pay the subscription that doesn't guarantee them to makes a profit.

Many of us experienced that and almost lost our money and if we can realizes that is wrong for us, we can start to search for the resources to learn more about trading. When they still wants to use that signal, they must realizes that they must responsible with themselves and they must manage their budget to trader and also to pay the subscription. We can not helps them to make a profit from trading but we can suggest them not to spends much money for doing trading if they don't have much skills in trading.

Yes, that is the reason why I prefer to subscribe to those signal providers, because there is no guarantee that you will always make a profit in every running session, and also logically if for example the signals provided are really 100% accurate then there is no way they sell it to others for money, because with the signal alone they can certainly get a lot of money. I don't really know if this is true or not but certainly that's what I experienced, which when I think about it, these actions only increase my expenses.

This means that I prefer to advise anyone to learn for themselves and try to execute or apply the strategies you learn in your trading session, if it turns out that there is a mistake that occurs then you can correct it and correct it, but still for risk management issues must be the top priority in trading involvement, because it's useless for example you can get a lot of profits but you don't have good risk management then in the end the amount of your losses will definitely be greater than the profits, and the point is to learn and learn, learn anything that has the potential to increase profits and learn anything that can minimize the possibility of loss, a trader must be independent and must not depend on others.