Post
Topic
Board Trading Discussion
Re: With good psychological behaviors can one remain consistent with random signals?
by
retreat
on 21/06/2024, 15:42:06 UTC
With the right psychological mind set can a trader make it with just random signals rather than spending too much time understanding all about technical and fundamental analysis?


People who rely on signals are people who don't want the hassle of doing analysis and just want to receive orders and then use them in their trading. This is not trading, this is just gambling your money on the market, because you are only using other people's analysis which could be totally wrong and result in losses for you. It's better to learn technical and fundamental analysis, then build your experience and psychology in the market, if you can do this, then you don't need signals anymore in your trading because you, with your knowledge, are able to make the best decisions for your trading.