Hi guys, I’m SEUN from Nigeria MT5 TRADER, I’ve been trading for some many year now with series of blown upon accounts and along the line i buy signal but i decide to stop buying signal when so many time despite paying money to buy signal account still blow off, a friend told me about babypips and assure it will help me in successful trading ,so decide to give it a try , I just hope its works the same way for me though as it works for some people i heard there story
Frankly, manual trading is much better way than depending on others! Most of the signal service is valueless!
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Yes, this signal dependence is a fallacy. Your aim should be to find a positive probability of being on the right side of a trade. That’s all that matters.
Also, to cater for large price movment in waves, a wide S/L is key which means you might have to reduce your lot size to keep within a daily risk exposure of 5% max.
best of luck.