How can I get trade signal to make more profit?

TheUltraElite

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Quote from: michellee on June 20, 2021, 09:13:39 AM

You need to learn about the analysis of the coin moves because if you use the trading signal to trade, that will not guarantee a profit.

A trading signal group is a scam, no reason to analyze their picks again, they are just made to pump and dump the shitcoin for the gains of the owner of the group and not the members of the group. Hence people dont give any importance to them anymore once they get seasoned enough. Those who are coming from a background of stock market trading also know this and therefore will avoid such groups.

The ones who get trapped are the newbies who entered crypto with zero knowledge about speculative trading and how it is done. But they will learn their lesson the hard way and not look back again.

michellee

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Quote from: Raihan.arh on May 28, 2021, 10:16:59 PM

I am new in trading. I am using Binance & KuCoin for trading. But many of time it seems that, I sold a token then its price was dumping. I am little bit tensed for this. I think i have to more study about every token before buying. But, I am hearing about trading signal. How and where i get profitable & legit trading signal?
Your advice help me a lot.

If you are new to trading, I suggest you use only one exchange to trade because that will confuse trading the coin. It helps you focus on trade and analyze the coin that can give you the profit.

You do not have to use the trading signal from the others. You need to learn about the analysis of the coin moves because if you use the trading signal to trade, that will not guarantee a profit.

livingfree

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Quote from: Ararbermas on June 19, 2021, 08:13:44 AM

Actually it's not worth to have trading signal because they are not really on time when giving signals, or should i say not accurate and sometimes mostly are not trustworthy.. So if i were you learn to read the candles in the chart because it's more accurate than paid signals.. In fact there's a bunch of tutorials around the internet, wherein you only need to put efforts, and for me it's actually a good decision than wasting money for a trading signals.

The majority of them are not accurate.

But people who have already joined are blindly following whatever they've predicted and given with their analysis. They just point some lines on the charts and they are good to know.

That's why they think that it's a good signal but if they are going to analyze it deeply, they're being sent with those opinion in the market instead of analysis that are accurate.

TheUltraElite

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Quote from: Raflesia on June 14, 2021, 12:54:23 PM

They don't want to learn and experience what they can get in the trade by paying for a certain group, it's greedy, of course and they don't want big losses so that beginners pay a signal group that can be said to be premium even though it doesn't necessarily make him rich fast even though join.
Making a profit just paying people is the same as fooling yourself, I think it's more useful what we use, profit or loss, it's normal, but that experience can be used as motivation on how to analyze the correct coin.

Being greedy, yes but more to that not losing even a single penny while risking everything thought. Most newbie traders will have the mindset of not losing, but the truth is that losing is a part of learning.

Now sinister people know that there will be traders looking for "premium picks" and similar worded phrases that just mean the same thing. So they run these scams named as signal groups and rip off people by asking them a membership fee to join. That is their earning and while some bamboozled newbie might think they paid for the knight's holy grail, they essentially got looted of that money.

But these will keep on running because there will always be a fresh influx of foolish newbies who keep doing this.

Lanatsa

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Quote from: Ararbermas on June 19, 2021, 08:13:44 AM

Actually it's not worth to have trading signal because they are not really on time when giving signals, or should i say not accurate and sometimes mostly are not trustworthy.. So if i were you learn to read the candles in the chart because it's more accurate than paid signals.. In fact there's a bunch of tutorials around the internet, wherein you only need to put efforts, and for me it's actually a good decision than wasting money for a trading signals.

On time or not it wouldn't really matter at all because the precision would always be questionable and heck we are all speculators on this market and if there are some precise predictors into this planet then no one would really intent to share it up to the public but rather exploit it on their own.

This is why I don't really recommend or get used to into those trading signals being offered but it isn't bad to look specially for free ones but always consider on applying your own and you might learn up something from other too.

Important is that you wont be paying a dime just for you to get some unsure trading signals which you don't know if its good or not.

Ararbermas

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Actually it's not worth to have trading signal because they are not really on time when giving signals, or should i say not accurate and sometimes mostly are not trustworthy.. So if i were you learn to read the candles in the chart because it's more accurate than paid signals.. In fact there's a bunch of tutorials around the internet, wherein you only need to put efforts, and for me it's actually a good decision than wasting money for a trading signals.

Raflesia

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Quote from: TheUltraElite on June 05, 2021, 01:11:47 AM

Most newbies want to get-rich-quick and they quickly learn the reality after getting whitewashed by these signals groups. That greed is what makes them go for such groups and the memberships. All of that is a waste of time and money. They should ask themselves if you need to pay someone to profit, why you are paying at all?

They don't want to learn and experience what they can get in the trade by paying for a certain group, it's greedy, of course and they don't want big losses so that beginners pay a signal group that can be said to be premium even though it doesn't necessarily make him rich fast even though join.
Making a profit just paying people is the same as fooling yourself, I think it's more useful what we use, profit or loss, it's normal, but that experience can be used as motivation on how to analyze the correct coin.

Mkmanik

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Personally, I would suggest you stay away from any kind of signal group. Dont join any paid signal group. Try to learn more and more about the cryptocurrency trade. Dont waste your time and money on the signal. Try to learn technical analysis, It will help you to understand when to buy and when to sell. Also, you need to learn Risk management. Without risk management, your trading fund will be liquidated.

Most of the signal group admin try to dump their bag after publishing the signal. So it's not good to buy when they provide any signal. before buy or sell any coin do your own research. Why you are buying, when to sell, when the trade will be invalid, make your own decision based on TA. Dont take any trade without stoploss.

TheUltraElite

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Quote from: milewilda on June 04, 2021, 03:37:25 PM

With some experience you would able to identify which signal is worth to look upon and which isnt since its a total crap or garbage.

It is a placebo effect only. In reality they are all random picks based on assumptions or manipulated picks based on which project paid the owners to pump their coin so their advisors could sell and sell off the shitcoin to a newbie.

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We dont actually needing some signals out from various sources if we can really make our own but it isnt bad to look upon on some information where others been sharing up.

Sharing shilling information. Not reliable I would say. What is reliable is charts which already exist and the analysis that you can do on your own.

Quote

we have done our job and making out steps into something we had analyzed and not just making out some blind bets or shots since this isnt gambling after all.

Most newbies want to get-rich-quick and they quickly learn the reality after getting whitewashed by these signals groups. That greed is what makes them go for such groups and the memberships. All of that is a waste of time and money. They should ask themselves if you need to pay someone to profit, why you are paying at all?

milewilda

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Quote from: Teraboy on June 04, 2021, 01:37:49 PM

Quote from: TheMimic1 on May 31, 2021, 06:23:51 AM

Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals

it's not easy as you said dude. There must be a combination to create a good formula to get the accurate signal. Remember that if we are only using TA will not work as the market is also following FA.
I think that the legit signal group was using both. It's not easy to build your own signal app but i think we can take BCW as an example and it was using manual analyzation to get the signal.
There are lots of scam signal and that's why we must be careful with it.

With some experience you would able to identify which signal is worth to look upon and which isnt since its a total crap or garbage.We dont actually needing some signals out from various sources if we can really make our own but it isnt bad to look upon on some information where others been sharing up.
Its just on how you do make deal and apply it into your own analysis and be always to be mindful that not all would precisely work but at least
we have done our job and making out steps into something we had analyzed and not just making out some blind bets or shots since this isnt gambling after all.

Teraboy

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Quote from: TheMimic1 on May 31, 2021, 06:23:51 AM

Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals

it's not easy as you said dude. There must be a combination to create a good formula to get the accurate signal. Remember that if we are only using TA will not work as the market is also following FA.
I think that the legit signal group was using both. It's not easy to build your own signal app but i think we can take BCW as an example and it was using manual analyzation to get the signal.
There are lots of scam signal and that's why we must be careful with it.

elda34b

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Quote from: bitkanu on June 03, 2021, 01:41:00 AM

As far as i know, there is some signal group like BCW that was giving a regular signal to its members. I have also joined as a premium member on BCW. It's getting sold out instantly.

So does this premium group worth it? How much did you pay for a month/year? Is this private group or you can share the link to join it?

As far as I can remember, these premium group are not long lived. Most members exit and usually find "early investment" or "gem search" group more interesting to join for the long term.

bitkanu

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As far as i know, there is some signal group like BCW that was giving a regular signal to its members. I have also joined as a premium member on BCW. It's getting sold out instantly.
The problem is there are lots of scams or fake signal group that was only fooling you to buy the coin at the peak price and the owner will be dumping it to you.
It's a very difficult thing to get a good signal group these days. DYOR

inanilujimi

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believe that a signal like that is just a prediction that anyone can do, it's better to do your own research and believe in yourself to determine the decisions you make.
You can follow the signal but if it's too high, don't force it to enter in order to make a profit. maybe for reference you can follow this channel https://t.me/joinchat/U45_Wx6cTnM5YmM9.

Wingsbtc

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No signal source is reliable and if you are willing to sell yours it shows they aren't reliable either because you won't be selling if your signals are reliable, you are simply looking for people to take advantage of because they will be buying their fantasy from you, it's better to learn and find your own trading trick

livingfree

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You better be good with your known strategy and improve as you trade daily. Signals won't do good for you, most of them are unreliable and you need to spend money for memberships from those groups.

You're not also going to have a security that signals being thrown to you will be that good and effective.

Furious 7

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Quote from: Raihan.arh on May 28, 2021, 10:16:59 PM

-snip-But, I am hearing about trading signal. How and where i get profitable & legit trading signal?

Your advice help me a lot.

it's better to avoid things like this in my opinion it benefits a certain group by manipulation of its members and I'm not sure it can be profitable for you after joining trading signals and to join requires a larger initial fee.

Yeh what others have said is true it is better to learn with your own skills much better than relying on trading signals, you will know better in this mode even in chart analysis and other things there maybe a little more understanding and combining with some indicators .

TheMimic1

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Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals

TheUltraElite

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You sold at a loss? Make sure you have learnt some lesson here, either you did not have faith in the coin that you bought or you were panic selling.

When to buy and when to sell are important things that need to be strategized by the trader not someone else. A signal group only pumps and dumps coins when their owner tells them to. In fact what the owners of these groups do is dump when they call others to pump. Indirectly manipulating their subscribers to go the wrong way. That too they run "paid" memberships when they are only misleading people.

Hence those are not the solution to your mistake but a scam. You have to learn how to read the charts and prepare a mode of buying and selling yourself.

Gunday_07

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If your signals are genuine you won't need to sell them for money, you will be taking that advantage to keep doubling your money everyday quietly in your room or home, correct me if I'm wrong on this one

vv181

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Quote from: Raihan.arh on May 28, 2021, 10:16:59 PM

I am new in trading. I am using Binance & KuCoin for trading. But many of time it seems that, I sold a token then its price was dumping. I am little bit tensed for this. I think i have to more study about every token before buying.~

Most people who tried something on their first encounter are not gonna get a successful outcome. It is a good thing tho, that you already have a clue why researching cryptocurrencies before investing/trading is essential. Worth to mention, that Bitcoin is an experimental project, and so does all the cryptocurrencies. Also, when u gonna trade, you must acknowledge that there is not a single technical analysis that can be proven. Thus, I don't think there's a valuable trading signal that will benefit you in the long term. Except, to feel the skin in the game by keep learning and researching about this cryptocurrencies spaces. Make sure you only afford what you can lose.

noorman0

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90% of what is on the internet are pump signals and most of them are paid. The provider only wants your money and does not guarantee in this case whether they just forward another premium signals instead based on their own analysis, maybe they are not actually traders.

If you want to become a professional trader, then start with yourself. Over time you will gain a lot of experience so that you will understand the placement of the right strategy for a particular market situation, the wrong analysis which must be corrected and improved.

If you are just looking for a trade signal from the start, you will depend on it forever and it is difficult to gauge your own abilities.

Strongkored

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This is a question that often arises from novice traders when they see their trading is not going as expected and think trading signals is a solution.
Following the trading signal does not mean that you will get a profit, because there must be an inaccurate analysis that shared, especially when you enter the market at the wrong time, it is better to improve your trading skills while the trading signal ofcourse the free one, is only for comparison with your own analysis.

cryptoaddictchie

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There are plenty of free signals however you can find their signal not accurate or let say, that much profitable. Of course that's also a prediction movement and only basing on their personal technical analysis. Those are not 100% guaranteed. Even you paid them via special signal. Yes there are some good ones but you can also study on your own how the market will behave and learn from it. No need to pay such fee for un sure signal. At least if you it on your own, you'll don't have regrets since you are relying on yourself.

Kittygalore

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Not worth it going for this trading signal providers because they don't do anything but make money for themselves and not their subscribers. Learn how to trade, read the news related or remotely related to the coin you are investing. You will probably have more money made if you go for trading bots because it makes trading more convenient although you need some technical skills to tweak it to your specifications.

Raihan.arh

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I am new in trading. I am using Binance & KuCoin for trading. But many of time it seems that, I sold a token then its price was dumping. I am little bit tensed for this. I think i have to more study about every token before buying. But, I am hearing about trading signal. How and where i get profitable & legit trading signal?

Your advice help me a lot.

Topic: How can I get trade signal to make more profit? (Read 190 times)