Which is Better?

Recently, I started trading in forex. But, lacking experience, I do not get consistent profit. So, What will be better – Using forex signals or Giving more time to learn forex trading and analysis?

Giving more time to learn forex trading and analysis is always a better choice.

4 Likes

Lets be practical.Since you have just started with forex, don’t expect consistent profits, its too soon now. Instead focus on gathering information, knowledge because without a sound base, you won’t be able to do well in forex. All the very best.

1 Like

Thanks for your opinion!!!

Thanks a vast for your valuable information!!!

Hi, learn forex and trade yourself is better I think, I was using signal company in the past, I didn’t last too long because
A. I was questioning their ideas most of the time
B. I hate being a copycat
C. I lost sense of independence
Hope it helps

1 Like

Thanks for your opinion!!!

I am a little confused, you say:

And yet in your own profile, you say:

“Kazi Tanzib is an experienced Forex Trading Analyst, Forex Author, and Forex Trader. Driven by passion, he takes pride in providing the best outcome possible. As a Forex Trading Analyst, his goals include educating beginner traders around the market and help to gain consistent profits…”

With my limited intelligence, these appear to be somewhat contradictory?

1 Like

Yeah, you are right but I forget to mention that it’s my student question and I let him know that what people are thinking about forex signals or take much time to analyze. I am really sorry!

You shouldn’t have gone for live trading in the first hand. But it’s never too late. I’d suggest you begin again with demo account trading. This is in case you have spent a few months understanding all the basics of trading with the School of Pipsology. If not, start learning.

Relying on professionals is always a good option. So, it depends on the signals provider

I won’t suggest using forex signals because you never know who is behind the screen. What is even worse is that you won’t even know that you are being scammed if you don’t have the required knowledge. Don’t take shortcuts and utilize the information available in different forms.

No worries!

Start here babypips.com/school

I would definitely advise you to study and analyze the results of your work. This is really a hurry. Otherwise, signals may simply not save you from losses.

as for me, the time should be spent only on training, because this will give the most effective profit in the future

of course, it is better to devote more time to your training and analysis of your trades, this will bring much more benefit

1 Like