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    Thread: Can I succeed in forex following other's advices? (Part 2)

    1. #21
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      Quote Originally Posted by yogeshwartyagi View Post
      Is it possible to become successful trader without doing own analysis and just following some one else's advices/tips?
      If a trader is getting good signals from a reputable resource and he think that almost 80% of the traders are accurate and profitable then he can do his trades without any analysis, because this work is already done by other traders and he is only trading on the basis of signals, so it is possible.
      If you are newbie then don't send friend request just Learn basics of forex Trading


    2. #22
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      If we follow any expert which truly is an expert than yes we could gain alot from it but no matter how perfect trader we follow everyone has their own methods and strategies its it could be that it might not work for us so its better not to depend on someone else completely.


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      Yes, it is possible if the advice comes from an expert, or a proven good trader. And you also should accept the advice, and follow it properly. And also you are getting experienced day by day, and your own experience is also a grreat teacher for you. Try to take leassons from your experience also!


    4. #24
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      Maybe, but I don't think the term successful is appropriate since all you have to do is depend on others by copying their trades or signal. I guess profitable investor is the right term since you are investing your own money and receiving profit from it.


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      Forex job is much easy and we can learn this market very easily without any teacher we just need too pen the demo account and need to practice as much as we can fo and th3n we an open real account and we can earn some good money in the forex market and job.


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      follow the other suggestions in the forex trading should we try to fix our trade. and we need to analyze the correct advice so as not to be toxic in our trade.


    7. #27
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      there is no way other than it actually. you must listen to what the experts say. you must follow good traders while it is your learning period.


    8. #28
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      I think we should really be able to process any other suggestions that we should not be fooled and failed in forex trading, because I think sometimes advice from others also gives us help to make profits in forex trading. but I think not all suggestions have the power to make us successful in forex trading.


    9. #29
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      we can take others suggestion but the main work is mine.we need to do our work.we need to make good learning ,practice,strategy,money management etc.a good trader can give us a way.it is also a good advantage for success in forex sector.


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      i do not know what is the meaning of other advice but i know that when a person want to success in this forex market and also try to become success these person will be successful in her life


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