A signal is the admin’s recommendation on when to buy, sell or sell in a loss. It can be based on multiple factors such as technical analysis, latest news and rumors, and market situation. The signal is posted on the channel and is theoretically.
Cornix supported signals can be followed, either manually by using one of the "follow" buttons below the signal or by following a channel with auto-trading. Following a signal means that a personal trade will be created for you based on the signal.
Trade is the actual bunch of orders that will be placed for you on the exchange. A trade usually consists of entries, take profits and stop-loss orders. Those orders are the instructions for the bot to be executed on the exchange.
A Trade can be set by yourself independently or based on a signal by following a signal as mentioned above.