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    Thread: Why not trade the next best signal?

    1. #71
      FX Zombie
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      I think a trader must keep on analysing the market after opening an order and put stop loss and take profit points according to the first analysis. Then after the analysis, if there is a need to change the sl and tp points, then these must be changed two to three times. After that it let hit any of the position if the market is moving in the same direction and if the market is moving in the opposite direction then sl and tp should also be changed accordingly. For this whole process money management should be kept in mind.

    2. #72
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      The first and most guaranteed best signal should be the signal we should trade.The next best signal might be the second best signal and this will lead to certain shocks or problems and losses at times.The next best signal might still have some bugs or errors in them which cold lead to loss so we must continue to work on the next best signal to make it also the best or know its short falls.

    3. #73
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      In my opinion i think when we work on this business we want to help for trade then we see live forex signals from different websites. So when we have different signals then we don't not take good decion that signals is true about market trend. So analysis is best for making good money.

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      There is no guarantee of best signal and its better for traders to make perfect plans to develop in the best means if they must succeed. Having your own trading system will therefore help you out to make better trading and will sure give you a means to make success in the right way. We should learn well enough and always be ready to trade at the right time.

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    6. #75
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      Well I believe that success comes only through your own struggle and hard work and only those signals are reliable and successful for you which you have developed through your own struggle and you should not rely on the Signals and by any other people because when you lose money then you will not have anyone who is responsible for the loss but if you have your strategy which has been developed by your own hands you will be able to change it according to your needs and deficiencies.
      Let Yourself be Taken Away by the Stronger Pull of What you Truly Love. -Rumi

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