Quote from: Hannah$ on July 30, 2025, 05:39:27 PM

Quote from: DaNNy001 on July 25, 2025, 08:25:07 PM

People who copy signals from groups on social media are not traders, you might as well call them gamblers because that's what they are...first of all, copying trading signals from traders isn't really a bad idea but the problem with this is that the more you do it you would not understand anything about the market and how can you be Called a trader when you don't even know how the market works...learn how to analyze and trade by yourself, you'd get better overtime

Yes, you are right — blindly copying signals and trading reduces the opportunity to learn a lot. But whether it is trading or gambling depends on the person's intentions and interests. If someone uses signals as a learning tool and also learns analysis on their own, then we can consider it as part of the business. The main thing is to understand the market, trade with risk management — not just copy signals, and try to understand the reason behind it. Slowly, if you learn with understanding, you will build your own base.

As long as he won't rely on his succeeding trades from the signals. Because most of those signals are actually a deception as they are only given by some people who mostly have ulterior motives. If it is free, you can see how it works for you. Because most of them will give too late that their signal is already over and when you actually execute your trade, is already too late for that particular tip.
Signals for me is not a reliable source to know if you will execute your trade or not. It is still best to rely on your skills, instincts and knowledge of the trading market you are into.

Just try to join one of these free trading signal group, and see how they provide some tips. And execute it, but use only small amount of money. You will understand how they work and if it is really good for your funds or not.