Pages:
Author

Topic: Benefits Of Using Trading Signal Services And Tools (Read 427 times)

legendary
Activity: 2954
Merit: 1159
My understanding is that with trading signals, you can make some judgments with more confidence.

How can you become confidence of your trading skills when you really on other signals. Old school traders will tell you that you need to sharpen your skills by doing a lot of leg work, i. e. spend countless hours to learn how to make your own TA. So I'm still at shock as to how people go and join paid trading signals just to make profit. My philosophy is that you really need to bust your ass to learn and be knowledgeable in this field of trading. There's no replacement and joy seeing you make improvement and making good money by doing the hard work first, just saying.

People buy paid signals because they are too lazy too learn the trading themselves. But the fact is that most of the paid channels provide useless signals or copy paste from other groups.

Anyways i just tried to open the site to check the prices of paid group but it look like site is down.


sr. member
Activity: 952
Merit: 281
Personally, I find it very irresponsible to rely on paid signals when making investment decisions. If someone doesn't know how to trade, they just shouldn't. In my opinion, paid signals simply prefer to get paid when someone else is risking money. They're just afraid to risk their own money.

Paid signals are highly not recommended. If they are that much capable then why they themselves are not making money on there own signals rather selling them for few bucks. Its your own hard earned money and it must be invested on your own decisions.
Take risk, either you win or you learn something.
hero member
Activity: 994
Merit: 517
Undeads.com - P2E Runner Gamem
how much price follow your signal
youre link share can't access, and how much percentage accurate youre signal
jr. member
Activity: 41
Merit: 1
This is really a subjective field, not all trading signal tools and services are made equal. Some are based on rigidly backtested strategies utilising machine learning, probability, risk adjustment, reliable trading patterns, while others are based on the subjective whims of self-proclaimed gurus. Like anything in crypto or investing, doing your own research, only investing in things you understand, and managing your risk are all critical in being successful and minimising your downside.
sr. member
Activity: 1554
Merit: 260
Personally, I find it very irresponsible to rely on paid signals when making investment decisions. If someone doesn't know how to trade, they just shouldn't. In my opinion, paid signals simply prefer to get paid when someone else is risking money. They're just afraid to risk their own money.
sr. member
Activity: 2310
Merit: 332

If you only follow the trading signals without learning by yourself, you will regret it in the future, especially when the service is not available anymore.

Moreover too very many trading groups are not giving the accurate signal for you to make profit. If they want to pump a coin they don't let you know that is there plan but they ask you to go buy that coin which will automatically increase the volume and price too, they dump there hodling while you still hodl because there price have appreciated. In business, the next man want to beat the other man so better learning your skill by yourself and be independent.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
If that is your benefit, you can still use that trading signal and try to make a profit because, for me, I better learn more about trading and not using any trading signal services. I never heard about that company you mentioned so I think it will not be good for other people or me to follow you. Doing trading needs skills from ourselves that we get from learning many lessons. If you only follow the trading signals without learning by yourself, you will regret it in the future, especially when the service is not available anymore.
legendary
Activity: 2702
Merit: 1220
I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.
What if one day when you believed too much in the signal group that you have joined but instead of having profit it was just a trap that could easily wipe out your money in just a matter of an hour. Maybe it can help to join a group but don't rely on them, instead, make them experienced so that you will gain knowledge. Gaining knowledge is very important in trading, if you have 10 streaks lose, just think it over that you will recover you lose.

Overall, it is a very good idea to join a signal group, but it could be destroyed your dream house there.

Well that could possibly happen if you join in new group which doesn't have credibility upon giving signals yet and you will be at risk for following their given signals that's why if you want to follow something like this you need to search those who have huge community then check if the signals given have a basis or reliable sometimes, but it doesn't mean that you will follow them since it always important that you do your own research to avoid losing your money on bad trades.
hero member
Activity: 1106
Merit: 527
I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.
What if one day when you believed too much in the signal group that you have joined but instead of having profit it was just a trap that could easily wipe out your money in just a matter of an hour. Maybe it can help to join a group but don't rely on them, instead, make them experienced so that you will gain knowledge. Gaining knowledge is very important in trading, if you have 10 streaks lose, just think it over that you will recover you lose.

Overall, it is a very good idea to join a signal group, but it could be destroyed your dream house there.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.

It somehow helpful but we should choose atleast the best signals givin by a reputable trader since they are the one who can give a possible insights but this one is so hard to find right now and even if someone gives it to us maybe its good to read up what coins they are showing since we might get a trap if certain coins hype up for them to get a profit so studying on what coins to buy is a must so that we can learn on how to trade properly without or with signals provided by someone we call trading coach.
hero member
Activity: 2618
Merit: 613
Leading Crypto Sports Betting & Casino Platform
I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
..that's how they'll milk with the users and not with trading.
That is how I exactly thinking, they are just fooling people by giving inaccurate results.
I hope that many of the newbies won't be a victim by these scam signal services because they're not really worth it. And these newbies or whoever joins these paid groups, they're just putting their money to an uncertain thing and there's no return for them. Well, there's actually a return for them if they'll analyze it and that return will come to them at the end of it. And that is when they've learned that signals are not what they've expected and it's the lesson and return that they'll take.
legendary
Activity: 2366
Merit: 1206
Therefore, it's probably only worth considering trade signals with a regulated provider.
Who are they?  Are they able to predict the crypto market and why they called you a regulated provider?
AFAIK, crypto price is unpredictable so no one knows exactly the direction of the coins, not unless if they do have a pump and dump so that the coin will move independently towards Bitcoin price movement.  I think there's no such kind of group that gives an accurate result, they might pump and dump group that you should stay away while they didn't have milking you yet.

..that's how they'll milk with the users and not with trading.
That is how I exactly thinking, they are just fooling people by giving inaccurate results.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
in my point of view That depends on where you're getting them from and your attitude to risk.
It's just not worth it at all, majority of them aren't worth to take those signals.

For most people, it definitely isn't worth taking a chance on a signal from someone who may have no real credentials. Therefore, it's probably only worth considering trade signals with a regulated provider.
It's a different case if you have found someone that provides that much accurate signals then for sure you'll stay with that. But I doubt it that you can find that there's one in existence and free, they'll ask payments for VIP options and that's how they'll milk with the users and not with trading.
member
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
If someone can found the best trading signal company then its fine, but majority of them in the end will not be effective or will have negative returns. So instead if one himself/herself can learn some basic of identifying opportunities and invest will be more fruitful as well it will be a learning as well. This is what I follow.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
Trading Signal frim telegram group or any other source may be 60% proves correct but its all on chart analysis base but crypto is not totally dependable on chart. Sometime a good News can create bullish trend for specific coin and sometime bad news can create bear trend.

I agree, for this reason I do not use these signals services, I prefer to do my own technical analysis, decide for myself when to buy, when to sell and STOP - LOSS and when something goes wrong and I lose money I learn with This mistake and I don't make the same mistake again, the practice leads to perfection and is a knowledge that is engraved in our head for a long time without counting that the person becomes free. be dependent on signs Is a serious mistake.
hero member
Activity: 1344
Merit: 502
Trading Signal frim telegram group or any other source may be 60% proves correct but its all on chart analysis base but crypto is not totally dependable on chart. Sometime a good News can create bullish trend for specific coin and sometime bad news can create bear trend. I self followed Twitter pages of all big coins and when some big news reveals i take early entry. This very help for me.
member
Activity: 504
Merit: 57
Am not against the use of trading signal apps and site, but the fact is so many of such services have turned out to hurt more than it helps you in making a trading decision. But you should build your trading techniques along the way as you keep trading, you gain more knowledge on how to make the best trading decision rather than using a service that may scam you at the end.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
Even if that can give benefits by using trading signal services, we still need to analyze and not just accept their suggest as they can not always give a right signal. They can get wrong, especially if the market moves like what we see so far so it will be better if we can search for more information and place with the price that we can accept.

If you decide to use their services, you need to pay some money to them because as far as I see, their signals is not free and they use subscribing for their members.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
From various experiences put forth by different users following different trading signals what these services provide is just a outlook of the market. Based on the same they make predictions. Here if the predictions gets coincidence with the reality of the market move it is a success. When we calculate the success percentage in this manner it is very small.

Among ten there might be one trading signal group that functions with legitimacy. Remaining all were a try to get some earning out of the users through the premium. Even if we are following the legit trading signal services group we don't get the assurance of profiting. Good is to keep the signal provided as a reference and do your own research before making a trade.
Legit trading signal services does exist but these places are just only good for you to have some additional information and analysis on your own.
Groups that do had premium features is total BS. They arent offering something or beneficial but they are just simply trying to make money
with those dumb people whom do believe that precise predictions to exist but in the end they are just simply scamming out their members.

I don't really believe on that signals group since as you said they just created that just to take the money of their followers and we shouldn't believe their signals drop since no one can actually predict the market accurately although maybe we can get a good basis base on their given signal but still we need to rely on our own observations.

Better for newbie traders to not avail those paid vip signal groups since they can learn the technicalities about trading if they do extra effort to research  the information they need about tradings.
Pages:
Jump to: