Can you Make a Full Time Living copying Forex Signals? The TRUTH Revealed...

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[JayB]

Even if you do find a reliable signals service which makes you profit u would still want to learn so that eventually u dont need them anymore.

[Wifistaxx]

For the forex noobs out there, there is nothing wrong abt taking forex signals...if you’re eating good from that then you ignore the backlash, as long as u learn from the providers and build ur craft

[kjmchc]

Tips for who want to follow a signal provider
1. Wacht carefully their result, because some signal provider hide their loss, so that their winning pips alway high
2. Don’t ever, never, forever no, don’t follow those signal provider with 3 level of TP, or some sort of close half close partial position. Because you need to open multi position to follow them, that make your loss ( in long term ) much bigger than your win. Only follow who has 1 TP, 1 SL or BE. That’s it
3. Never risk more than 1-2% per trade per signal. Never increase lot size when you’re losing
4. Don’t depend on only one signal provider. Atleast find 2 or 3 to follow

[manans]

Its all about your risk management whether you're using signals or doing your own analysis.

[sabdorc]

No matter how good a signal service provider is I kinda prefer taking my trades myself... I feel more comfortable in my analysis even though it might not be as deep as their analysis..

[mattdalbon]

Completely agree It can only be successful if you put all emotions aside

[RTMoney]

Nick, you hit the nail on the head here! The prob with "signals chasers" is they have making money as their priority instead of learning the craft. When draw down happens on a good trade, they will not not know what to do! Panic and exit with a loss, discouragement and resentment follows. This is not the way! Great video, Nick. I will be using it as a reference for newbies, for sure.

[markcooper]

a signal should be an opportunity for the trader to evaluate

[noname-qmff]

Hey Nick. Just wanted to let you know I really appreciate you for being one of the few people to inform us on the reality of trading.

[mitjabotjak]

this was me when i started. blew my account because i didnt do risk managment. but lesson learn. now Im only risking 2-3% and trading on my own. nice video!

[tamim_totakhail]

Totally agree, at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday.

[khanachakzai]

I am an experienced trader and a seasoned technical analyst. But I still follow some good signal services cuz they save me analysis time. It's like working with a team where you share the workload. It takes a lot of time and energy to analyze some 15 or so currency pairs and keeping track of each one's fundamentals. I have put in work and validated each signal provider by recording their past six months' trades on an excel sheet and checked them personally on historical charts. Then I chose the ones consistently in profit despite their losing trades. I know my daily weekly and monthly pip targets and these signals help me reduce analysis time. Yes, I do have enough experience to choose which signal to take and which not to. I think this is how an experienced trader can make use of signals services.

[Splashstar]

You've got a new customer. 😂 I just need my money to come in from my second account.

[DarrylHebbes]

nicks a brilliant salesman, wisdom wrapping his pitch

[seanlucaz]

true. you need to learn too. knowledge is power.

[kostasgd]

4:20-5:00 you just said my last week's story perfectly, your honesty and transparency is literally amazing and well appreciated Nick!

[Drink_Responsibily]

You can buy signals, provide you know to plan your risk.
Plus, you shud watch the signal providers closely for sometime too

[iceevillarmia]

hi my trader manager is asking me to pay 400$ for signal fee..my capital is 100$ my profit is like 1800$..is it wort it to pay the 400$ so that i can withdraw the profit in 5th day.?

[binary_mor]

I'm have learnt a lot from you
You are very right, I do prefer teaching me how to catch a fish, than giving me a fish Everytime. As a new trader i wanna learn it all by myself and not hoping on others signals only. No problem if one gives me, but that shouldn't stop me from learning how to do it myself

[taz]

I spent way to much time with signals over the years, never lasts really do need to learn as you say, I did recently learn the London daybreak in your past video doing much better than I expected with it :-)