Topic: Are you profitable? - page 3. (Read 536 times)

Never trust an online "influencer". They are here to sell themselves and shitty things to you. They don't care if you make money or not, but they will be able to convince you that whatever they are selling will help you. And most of the things they promote, they get paid for it. They themselves don't even know what they are talking about or what they are promoting. The same thing with trading influencers. They just want to make money off newbies by selling those shitty courses. Butt here are genuine people, experts and traders out there sharing valuable info, it is just that you have to find them among those hundereds of scammers.

Since many of these online traders and influencers claim to be professionals, are not. I don't have much faith in them because I think they are only doing it to attract attention of people and increase their social media followers. A successful trader, in my opinion, won't have much time to share anything every time because they will likely be too busy trying to refine their strategy from time to time. Many of those online influencers are there to make money in other ways rather than to support others in becoming great traders.Just be aware that not all those traders Posting are making profits in trading.

People who can learn to trade well can profit even in all situations because they know how to make the most of every moment. So if you want to profit from trading, you must learn more about trading and try to learn about analysis too, until you can analyze the market well. I can't share my journal or anything else because I'm afraid it won't work for you and you can tell me later if I'm lying. It will not be good for the friendship we have forged so far.

For personal reasons most traders would not share their journals or excel sheets. This caveat is exploited by influencers to dump their manipulated data on those who want to see such journals and charts. Two very popular youtubers come to my mind here, a British guy and an African guy, I am sure some of you will recognize them right away.

My suggestion is to make your own but keep it to yourself. It is wrong to reveal your portfolio to others just like bitcoin singly is. Being immune to the online influencers is a acquired trait and most of the older users here have it. They will only show you the good sides and very little of the bad side in order to keep you in your bubble.

You need to understand that while there is a lot of frauds and scammers on YouTube promoting themselves as great traders when they are not in order to sell books, lessons or courses to others, there are not many people that would share their trading journal with you.

To begin with this will reveal personal and financial information about themselves to someone they do not know, and even if they edited that part out, they will still reveal a great deal of their strategy, which they may be against, and even if you still wanted to read their trading journal despite all of this, how beneficial would that be for you? As almost no valuable information could be available to you once that content is edited out.

Selling signals or receiving payment from traders inother for them to be in your large community or group all point out to the fake stuffs. No influencers earning enormously from the market will be interested in making money from newbie's pocket, rather their major priority is to see you grow like them.
The whole system is not profitable because there's both losses and profits, it takes only a top profitable influencer to start giving live trading signals that makes traders believe his trading strategy. The internet space preach lies and deceits, although not all traders can be easily convinced about the fake programmed signals, remind you that most of the influencers are just there to make their profits, they don't indulge with any other activities concerning you or your trade.

I never believe anything I see online, if you're that profitable with your trades you won't have to bragging about it unless you have an audience that you're trying to conceive to trust you and then sell your courses to them for hugs sum of dollars but you know they won't be successful trading. I think most of the influencers we have should be arrested and jailed.

This influencers have cause lots of bankruptcy to people that believed in what they're showing. The luxury lifestyle they live are all fake. They keep their life flashy so people want to be like them and get deceive to buying their online courses. I bet most of them can't actually trade any market.

Those influencers only share their referral link to get profit from there, even expert traders won't make that money easily and we see many influencers become rich in just a short of time. Their scheme is to promote a site that has a referral link so new people will join under the influencers then new people will invest a lot of money because of what influencers said like instant profit, easy profit, easy to get money, etc.

Don't easily tricked by influencers since there's no guaranteed instant earning method in this crypto space

If you ask "influencers" how profitable it is, yeah they're like getting free money by giving lesson packages that are actually widely shared on the internet.
Trading journal? yeah they share it in a group that only paid followers can access. But never knowing whether their journal is credible or just using "other influencer" journals, because the fact is that the group is just a bunch of stupid people who are proud to be members of what they call "VIP".

True They make money from the signal they sell not from the trade. Maybe there is one or two that really make true signal but it hard to find.

Flexing with nice car thousand of percentage on trading who cant fall with this right

This is exactly the best question so far to ask those influencers or just clout chasers because of the current market condition.
These people especially those on social media spread about trading, and most of the only content they are posting are those win trades or they are basically telling that you can make easy money on trading.

Most of the influencers are just pretending to care about their viewers. If you don't know how to analyze what you are watching, you will be fooled.

That's why self-study is still good and better for us than entrusting the additional knowledge that we can get to other people because you will surely waste the money you pay for it. Because I have seen many people attend a trading session but what was taught was very basic but the entry payment is expensive so you can have slots.

Following the right influencer will make one to develop and grow fast in the market. Influencers gaining in both bull and bear market is totally unbelievable, the market always looks for a way to trapped one to losses. Top influencers in the market tends to capture the attention of the market, but they need to be strictly with their followers. There are some influencers on my page that also post both their losses and profits. They're human and their trading signals are only 80% accurate, giving room for losses. But they make sure that their gains covered up losses on theit accounts.

I totally get the whole, like, head-scratching vibe around internet trading gurus, man. For reals, some of 'em are cashing in, and others, well, not so much. It's like a wild rollercoaster ride of strategy, risk-juggling, and experience. Sure, a bunch of 'em charge mega bucks for some basic tech analysis wisdom, but they've got some nuggets of brilliance too.

On sharing trade secrets and personal diaries, it's like choosing between boxers or briefs, dude. Some peeps like to keep their cards close, while others throw caution to the wind. But remember, trading's not a one-size-fits-all kinda gig. One trader's winning hand might be another's bust. So, do your homework, forge your own path, and keep your risk game tight.

As for me, I'm all about baring my trading soul and dishing the deets. I keep a journal of my trading adventures, tweaking my strategies as I go. I can't promise you rainbows and unicorns, but I can tell you that staying true and disciplined is where it's at. So yeah, I'm making bank as a trader, and I'm stoked to share my journey with fellow trading enthusiasts!

I don't trust influencers and online traders because they only give videos of when they get profit and don't explain details about trading.
We must pay for the services they provide even though they also cannot show that they are truly a trading expert.
It's better if I learn to trade from sources I already know well or I can learn to trade from my friends because I've been learning with them so far.
And so far, I've been able to profit from trading, although maybe not as big as other people and I think that's enough for me.
And I'm sure that the profits from trading will be even bigger.

I don't usually trust all those online influencers and trading signals professionals because they always claim to be gaining profit even when the market is bearish, whereas we all know that regardless of your trading experience, there will be a time when you will lose some money in trading, but these trading influencers can never show you that they once lost in trading, which has made me suspicious.

I already stopped trading like 2 months ago already, but I made an experiment of mine trading on future with just 10$.

I had a good ending because I made my 10$ initial investment into around 90$. I withdrew 75% of it, and used the remaining 25% to trade again. Unfortunately, I lose after withdrawing my gains, but I'm happy with the outcome of my experiment. I wonder how will I be if I didn't withdrew some of my money at that time. I can't share any journal here right now because it's a small amount only compare to others here who have 4 or even 5 digits of capital that's being used in trading.

I might trade in the future using more money since I already have my own strategy that's working for me.

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As for those influencers who are sharing something without any proof at all, just don't do what they are saying especially when you know that you have a high chance of losing your money. It would be better if you will make your own strategy than following these influencers. In that way, if you found a strategy that works for you, it would be easier for you to gain profit in trading instead of following these influencers who aren't that expert in trading at all.

This is what I'm also thinking that's why I made some experiments, watched some videos online and tweaked it into a point where I'm having a higher win rate in trading.

You don't need to give up with some of the things you are experiencing from trading facilitators, because some of them passed through a lot of things that made them not to have time for new traders at the moment. I experienced the same thing with my mentor some years ago that made me to be more serious with this platform, and it helped me to learned so many things that made me profitable in my investment. I will advise you to be more focus on your personal research before you buy or sell your coins, if you want to be profitable in future which is the most popular strategy many successful traders are using to make huge amount of money from their investment.

Influencers is always profitable because of their streaming profit but I doubt that they are really profitable on trading because they only show the good side of their trade and most of them do so many risky trade which I find not profitable in long term.

Some of them is profitable and some of them is not since trading is just changing hands of one asset to another person in exchange for their money.

It's a scam. Any "trading guru"/influencer who sells a paid service for trading signals, or shills their referral links are usually signs that they are NOT profitable traders. They make their profits out of YOU. Other signs include promising "big returns/profits" in a short amount of time, and/or telling you that they can "time the market" with something like "more than 80% probability".