Most adults around the world have heard of investing by the time they reach the age of 25.
It may have been introduced through a friend or advertisement somewhere on the internet.
Many Retail Traders are eager to flip their money or look for a quick solution to their financial struggles, so they turn to trading or investing in the financial markets.
There will be many experts from all regions of the globe trading in various different markets.
They come together in the marketplace to test out their creative ideas on how to profit from this $5.1 trillion dollar a day business.
Everyone believes in a strategy but no ones knows for certain where price will actually go.
Some have trading systems, while others have signal providers to tell them where to get in and get out.
The problem is this, in order to buy someone has to sell vice versa.
Someone is losing money while another person is gaining profits. That is how an exchange works.
Very rarely does the same two people in the market agree on an exact rate to exchange their shares.
This is where things get a little complicated.
"My Signal Isn't Working, My Mentor Is Scamming Me", "The Signal Provider Is Copying Signals From Another Professional"
Let me clear a few things up.
Your trading account is 100 percent your responsibility to maintain.
Therefore, the misconception of piggybacking on another successful trader and having them carry you to the holy grail of profits or blaming others for giving you a bad signal has to be dismissed and unlearned.
The market has an unlimited amount of ways to profit. Simple.
A League Of Different Players
Everyday there are groups of people following a specific signal provider and most have no clue what they are doing.
Some groups are predominantly filled with short term scalpers and day traders while other groups are filled with swing traders whom hold trades at an average duration of a few days and medium term holders up to several weeks.
When price fluctuates, it moves in sequences, completing certain patterns at specific times and invalidating others, this causes volatility.
Many traders are not aware of their signal providers trading style nor are they managing theirrisk per trade, what happens next is common.
The market opens and price moves in its sequence wiping out players whom had broken rules and failed to follow the narrative meanwhile the signal provider who was already in the trade have already locked in profits.
You See, It Boils Down To Experience
There are many things a signal provider is not telling you and it is not necessarily their fault for not informing you of all potential pitfalls that may arise along the path to the signals target. It is just too complex a topic for many to discuss.
This is why it is important to pick a signal provider in which you have done your research into their trading style and have developed your own bias and risk control towards the signals.
After all, who doesn't want to share ideas with someone who is consistently profitable in trading?
You must have been searching to the ends of the internet trying to find that one "holy grail" or professional that will tell you the right calls for the rest of your life. That time is over
You must learn to read the markets on your own terms and use signals as a tool to sharpen your trading plan.
Check out my L.I.F.E-G.R.I.D system to learn how to fish for pips, that way you never have to blame another signal provider for a "bad call" again.
I have been trading the financial markets for the past decade and have failed to the point where there were no other ways to fail. I trade for myself with my own financial resources and enjoy the freedom of being my own boss managing my independent business built from the ground up. Feel free to message me anytime with questions.