Signal trading MT

Discussion in 'Trading' started by mercury-croc, May 17, 2022.

  1. what do you guys personally think about signal trading?
    there are many profitable signals, but I'm worried about this tiny delay in order execution of the provider and subscriber.
    btw I personally have never tried (only on demo)
     
  2. maxinger

    maxinger

    I have tried such garbage before.

    You should try and let us know the results.
    If not, you will keep on thinking there are many kind souls out there who
    provide great miracle signals.
     
    Last edited: May 17, 2022
  3. Have a signal inverse - do the opposite. Garanteed to double your capital
     
    maxinger likes this.
  4. nitrene

    nitrene

    The problem with signals is someone else created it and unless you have confidence that it will work it is useless. Trading is ultimate a confidence game -- how much faith do you have in the direction of your trade.
     
    mercury-croc likes this.
  5. maxinger

    maxinger

    mercury-croc and David's faith like this.
  6. I did on demo
    I'm not that emotionally stable yet to do it with real funds
     
  7. have you tried such a strategy?
     
  8. maxinger

    maxinger

    ok.

    perhaps later, you can try with real funds.
    but trade with small quantities.
    Then you can experience things like poor fill,
    horrific slippage, and those things.
     
  9. My father did, he only went for martingalers 'thou. It diesen't always work since you have pretty much to use the same (scam) broker which will run for your stops if you have any and also the spread sucks. Some also shut their signal before getting margin called out. But doing it with several signals he was highly profitable on average.
     
  10. interesting experience, thank you. I've noticed widened spreads as well
     
    #10     May 19, 2022