You’ve probably seen ads or DMs offering “VIP forex signals” with guaranteed profits. Sounds great, right?
But what are forex signals really? And more importantly — should you rely on them as a trader?
Let’s break it down.
What Are Forex Signals?
Forex signals are trade ideas or alerts shared by someone else, telling you when to:
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Enter a trade
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Exit a trade
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Set your stop loss and take profit
They usually come in formats like:
“BUY EUR/USD @ 1.09300
TP: 1.09650
SL: 1.09100”
Signals are often sent via Telegram, WhatsApp, or private Discord groups — and they’re either free or sold through monthly subscriptions.
✅ Pros of Using Forex Signals
✔️ Learn setups early
Following experienced traders can help beginners see how setups are formed.
✔️ Saves time
You can receive trade ideas without having to analyse the market yourself.
✔️ Confidence booster
If you’re unsure on your own decisions, it can feel good to have someone guide you.
❌ Cons of Using Forex Signals
🚫 No learning involved
If you rely on signals without understanding the why, you’ll never become a skilled trader — you’re just copying.
🚫 You can’t adapt
When markets change or signals stop coming, you’re stuck. You haven’t built the skills to trade alone.
🚫 False claims everywhere
A huge number of signal groups make fake profit screenshots, exaggerate wins, and hide losses.
🚫 Emotional trading gets worse
You take trades you don’t fully believe in — which makes you panic more when they go wrong.
❗️ Our Advice: Use Signals as a Learning Tool, Not a Crutch
If you’re going to use forex signals, use them to learn, not to blindly follow.
Before copying a trade, ask:
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What structure supports this idea?
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Where’s the risk/reward?
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Does it align with what I see on the chart?
When you understand why the signal was sent, you’re already becoming a smarter trader.
💬 How Lions Den Trading Is Different
We don’t just send trade ideas — we teach you the reasoning behind them. You’ll learn how to analyse a setup yourself, so you can eventually trade with confidence and independence.
We’re here to help you build skills, not dependency.
👉 Join our free Telegram group to get live market insights, breakdowns, and structured support — not hype or spam.