Trading signals are paid or free services provided by an analyst to provide information about market conditions, open positions, stop losses and take profits. In the cryptocurrency world trading signals can be easily found via twitter as well as telegram channels.
Seeing this opportunity, many novice traders try to follow the trading signals to get instant profit. But instead of making a profit, most of them get a loss.
So I want to ask, can someone trade following trading signals? because in many cases those who follow trading signals often get losses, but also not a few who get a lot of profit from following trading signals.