Signal provider
A person or service that publishes trade ideas for others to follow. Look for complete signals with stops and an honest, verifiable record.
In practice
Before paying for or following a provider, log their signals for two weeks and total the results yourself in R. Compare your numbers with what they claim.
Trusting screenshots. Results are only meaningful if every signal was posted before the move, including the losers.
Related terms
Forex signal
A trade idea with a pair, direction, entry, stop loss and…
Verified track record
Trading results confirmed by a third party or published trade by…
Copy trading
Automatically mirroring another trader’s positions in your own…
VIP signals group
A paid tier offered by many Telegram signal channels. Be wary of…
Entry zone
A price range rather than a single price within which a signal…
Trade management
What happens after entry: taking partial profit, moving the stop…