Discussion
The issue is on what time scale but most are intraday and if intraday, the signal could be late. I have been a member of a trading forum in the US for years and one member was a super day trader, SIPS, stocks in play and he decided to start offering signals as well. It all ended badly because his inate skill couldn't be reliably transferred and people were late or buying too high and not understanding volatilty.
Another guy Dr.Stoxx.com would have you believe it's easy but I'm not saying it's impossible but try it with 1 share on a low cost platform and if you have a win rate of over 65 or 70% over a 3 week timeframe, it could be worth considering.
Also be careful of stop distance etc as unless you know the reasoning and whole story, people have very different risk tolerances and depending on timescales and markets these vary terribly.
As someone who earns a living from trading/ investing the thing I have learned and it was expensive is that other than risk mangement, almost turn thing else is fluid and copy trading might work or it might not, if you want an activity that tests your ability to deal with internal conflict and nuances, this is it.
Another guy Dr.Stoxx.com would have you believe it's easy but I'm not saying it's impossible but try it with 1 share on a low cost platform and if you have a win rate of over 65 or 70% over a 3 week timeframe, it could be worth considering.
Also be careful of stop distance etc as unless you know the reasoning and whole story, people have very different risk tolerances and depending on timescales and markets these vary terribly.
As someone who earns a living from trading/ investing the thing I have learned and it was expensive is that other than risk mangement, almost turn thing else is fluid and copy trading might work or it might not, if you want an activity that tests your ability to deal with internal conflict and nuances, this is it.
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