Are trading platforms useful? - page 2.

LUCKMCFLY

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Quote from: tygeade on April 21, 2022, 02:48:30 PM

Quote from: Pandu Geddon on April 19, 2022, 03:38:02 AM

I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.

Tradingview is actually quite magnificent if you know how to use it. I am not saying that there are very few people who know how to use it, but there are way too many people who do not know how to use it and still use it and think that they know what they are doing.

Just because you are using it, doesn't mean you know how any of it works, it makes people overconfident on their analysis and even though they made a mistake, they think they are using it correctly and invest with confidence and then lose it. Before starting to use tradingview, there are many classes that teach people how they should be approaching it, everyone should take at least one of those classes.

Tradingview is a very good and powerful tool, however I would also think of a platform that has the same benefits but in real time with pools of liquidity to temporalities and according to the type of Exchange, for me it is one of the best, because is more up-to-date and apart has the volume profile (of course it is already pay version) but I think it is a very powerful tool, maybe tradingview is much more friendly because it has quite community but as for the disposition it has to give relevant information it is much better, well at least for me I consider it that way.

Webetcoins

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There is nothing like trading without loss. When you are trading in the market there is bound to be times that you experience losses. The thing is that with time you will always get better at what you are doing and when you become really good at it you wouldn't be losing as much as you did when you were still new to it.

So, my advice would be that you tell your friend to look more into learning about cryptocurrency trading. If he is able to learn how to trade then he would be good at it and would be making good amounts of profit. But if he keeps on looking for a platform that would act as a shield from losses, then there is nothing as such.

awik p

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Quote from: SirLancelot on April 25, 2022, 12:33:16 PM

Quote from: topman21 on April 21, 2022, 02:07:33 PM

NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.

It’s important to read news so that you will get to know what is happening in the market, and it also helps your trading. But, news alone is not what is going to make anyone a successful trader.

Anyone who wants to be a successful trader must put in the hard work that is required for them to get to that level of being successful in the cryptocurrency trading market. They need to learn how to do technical analysis, and like I said the news would also be helpful in making some decisions while trading as well. So, all these things they all have to come together and contribute to whatever we are doing in the market.

Besides that, we must have good psychology, supported by technical analysis and fundamental analysis, it will be able to make us more responsive traders. therefore it is not easy to get rich from trading, it is a wrong mindset, and of course we have to invest in knowledge first, before we can enjoy the results of trading like all traders dream of. even though later it has been successful, always learning about the market must always be done in order to train our brains to always think logically

iged_war

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Trading platform was main tools that used to analize market , it provide information that needed by traders to know the last update from market. traders will always use trading platform because many usefull tools here. for example to analize technical ,most of trading platform provide indicators indicators that used. maybe without trading platform , we will back to trading desk in few years ago.

SirLancelot

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Quote from: topman21 on April 21, 2022, 02:07:33 PM

NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.

It’s important to read news so that you will get to know what is happening in the market, and it also helps your trading. But, news alone is not what is going to make anyone a successful trader.

Anyone who wants to be a successful trader must put in the hard work that is required for them to get to that level of being successful in the cryptocurrency trading market. They need to learn how to do technical analysis, and like I said the news would also be helpful in making some decisions while trading as well. So, all these things they all have to come together and contribute to whatever we are doing in the market.

tygeade

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Quote from: Pandu Geddon on April 19, 2022, 03:38:02 AM

I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.

Tradingview is actually quite magnificent if you know how to use it. I am not saying that there are very few people who know how to use it, but there are way too many people who do not know how to use it and still use it and think that they know what they are doing.

Just because you are using it, doesn't mean you know how any of it works, it makes people overconfident on their analysis and even though they made a mistake, they think they are using it correctly and invest with confidence and then lose it. Before starting to use tradingview, there are many classes that teach people how they should be approaching it, everyone should take at least one of those classes.

topman21

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NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.

zaesvlas

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I don't see anything wrong with them. More importantly - to find a reliable platform for work, with which there will be no problems in the process of work.

Quidat

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Quote from: Shasha80 on April 20, 2022, 02:08:10 AM

Quote from: Joshapat on April 20, 2022, 12:56:26 AM

Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.

Of course, if there are trading platforms that help us to improve our trading skills it will be very helpful. Sometimes we do have to take our time
to learn trading, so that we understand how to trade correctly. The more knowledge and training we get about trading, the higher the success rate
for making a profit when trading is quite large. It's true as you said when we learned from trading platforms how to trade correctly, after that it will
not guarantee 100% profit, but of course the percentage to generate profit is much larger. Most importantly we must look for trading platforms that
are trusted and provide us with true knowledge and information, not mislead us.

If you are eager to learn up trading then it would really be just understandable that you would need to exert some effort and engagement before you could really learn up everything.
There are indeed trading platforms which does have demo trading where you could really make out some familiarizations and learning about trading.
Of course they are useful and considering that these are the primary places on where you could make out your trades in the first place.

Odusko

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Trading is a journey to me and jumping on trading tools by a newbie is not a good move to me I will advise the user first of all take their time to learn the basic skills in trading before adopting trading skills the sote you mention is very familiar with many experience traders on this forum but the best approach to it is to, first of all, build primary trading skills before adding artificial tools.

fauzan Ichsan

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For me, such a platform can help to provide references so that we can analyze more deeply. for me the word no loss in trading, shows that he needs to learn a lot about trading and the risks, don't rely on the platform fully, because we will waste time if we don't want to learn. the best thing is to learn manually according to our abilities and we dig to produce good trading individuals, we have to be willing to process, don't just want something instant

Shasha80

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Quote from: Joshapat on April 20, 2022, 12:56:26 AM

Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.

Of course, if there are trading platforms that help us to improve our trading skills it will be very helpful. Sometimes we do have to take our time
to learn trading, so that we understand how to trade correctly. The more knowledge and training we get about trading, the higher the success rate
for making a profit when trading is quite large. It's true as you said when we learned from trading platforms how to trade correctly, after that it will
not guarantee 100% profit, but of course the percentage to generate profit is much larger. Most importantly we must look for trading platforms that
are trusted and provide us with true knowledge and information, not mislead us.

Joshapat

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Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.

sulendra12

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Newscripto is pretty okay I think for now despite the thread was made in 6 months ago. I would recommend to try Binance if anyone want to try out crypto trading for beginners, the minus would be the KYC for some people but still they have Binance academy to help the beginners with the well-made articles for traders and pretty good chart readability to even help you out for better search.

iv4n

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How bad can they be? It is just important to find a reliable and convenient option.

I guess they can be very bad, to lead you to the wrong step and making a mistake, and that leads to a loss of capital! The partial or total loss depends on with how much money you trusted the trading signal from a trading group!
Finding something good and of good quality can be a very difficult task! People want someone to do everything for them and they just to click and make money, mostly these people are the victims of such groups! If someone wants to trade, they should be ready to spend some time and do research before each trade!

CapGelatik

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Of course it's very useful, mate, I'm new to the Trading view myself,
because I always use the trading view every day, it's very helpful there, with lots of indicators,
it certainly makes traders like me not confused, because they can choose for free

taufik123

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Quote from: Pandu Geddon on April 19, 2022, 03:38:02 AM

I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.

platforms that promise profit without risk are just bullshit and end up being a scam. Today's trading robots have disappeared and been blocked. Better to hone your trading skills by using tradingview as mentioned. The trading tool platform will be more useful and add more insight in trading. The indicators provided are also very many and can be selected.
It is better to trade manually so you know the process, don't rely only on automated trading or robots and pump signals that are not clear and risky.

Pandu Geddon

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Quote from: Benefactor on April 19, 2022, 03:24:09 AM

There is tradingview which is a decent begin to assist him with outlining. Since, supposing that there will be a ton of instruments as you have referenced will be displayed to him, I figure it will simply cause things to confuse as he's as yet an amateur. It is the best thing than simply duplicating different systems and investigation which you couldn't say whether it is a decent examination or they use you just to get benefits all alone.

I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.

Benefactor

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There is tradingview which is a decent begin to assist him with outlining. Since, supposing that there will be a ton of instruments as you have referenced will be displayed to him, I figure it will simply cause things to confuse as he's as yet an amateur. It is the best thing than simply duplicating different systems and investigation which you couldn't say whether it is a decent examination or they use you just to get benefits all alone.

breathlessz

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Quote from: justdimin on February 28, 2022, 10:45:18 AM

Quote from: riskarcher on February 27, 2022, 02:49:30 PM

Quote from: sumant on February 27, 2022, 01:31:33 PM

Yes there are trading platform which used for trading to earn some extra money is realy useful. Some big promotions going through almost all trading platform.You can take part in this promotons and earn big amount of money. Some trading platform is used for bot trading with huge benefits. We can enjoy these huge gains in our portfolio from these trading platform.

Never trust BOT trading dude because you also have to control market movements and the trading platform serves as a financial battle between traders that's why there are dumps and pumps that make people Cut Loss/profit this is how our money management must be taken into account with the investments we use on the trading platform

Depends on the bots really, there are some that just allows you to put your strategy to work, and that means you get to do whatever you want and the bot will only follow your orders. Doesn't mean that you would make profit, you could be losing yourself, and your bot will lose too, whatever you are capable of doing is the exact same thing that your bot will do in that case.

There are some that end up losing a lot as well, no idea if that would work or not, but I know that it would basically be something to behold. I personally do not believe that we would be doing anything profitable if we just hope that any bot would allow us to make a profit without working for it.

as good as bots, I think it's still good to trade manually. and if we are good at trading manually, then we can use bots as needed. different from the current situation where people want instant money without wanting to learn, so they put their hopes on bots. and this is very inversely proportional, on the other hand marketing bots also give promises so as to make people interested, and this seems to impress how to get a lot of money from customers, whether they are profitable or not

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