Please be careful with traders who.... - page 2.

pixie85

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Quote from: CryptoToxicAvenger on May 05, 2019, 03:01:13 PM

That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.

You can find people ready to help for free on forums and you can learn yourself by reading predictions of other traders and understanding their way of thinking. It's not really difficult when you understand the basics of market psychology and TA indicators.

Paid groups aren't there to make you rich but the leader. There are many so called teachers on youtube and most of them aren't successful in their trading because if they were they wouldn't be selling you tips for a few dollars.

CryptoToxicAvenger

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That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.

Osarman

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Quote from: Idrisu on April 26, 2019, 02:50:46 AM

Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

That is the truth! Were do we have time to began to do consultant as traders. If you do want to be an expert there is a lot of things you are to learn and you really need to developed yourself . Many people claim to be an expert are not even traders.

To be honest, one should never stop learning about what they love to do. Even if you are free and are not working, something you should be thinking about is the work you love. Love to do research about crypto and do it daily make it a habit and only then the complex phenomenon could be solved. You have to have great knowledge to make thing happen and not with few words about the market price or trading.

geegaw

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Quote from: udidrone on May 01, 2019, 11:57:36 PM

Until now i not trust about everything like that. Because i don't have much money to pay them and maybe it is only work for people with high capital. So they are can pay tutor and then get info from that. At least their trading capital and profir will cover what they paid instantly.

I also never believe in traders who are operating closed groups or selling courses or something like that, even if I have all the conditions to pay for participation, I still don't want to stick to them because one thing is very simple, if they can really make money from the knowledge they provide, they will not need us, no one is free to share the tools and methods to make their money with others, career knowledge and experience are always secret. They just want to take advantage of inexperience to cheat us, stay away when these people find ways to reach us, don't believe what they show

trickyriky

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Quote from: ?? on ??

Even me i can do it my self for trading even im also a newbie. Because you can search and watch how to start from trading for crypto usually you can find in google.

YouTube also offers a lot of channels on crypto trading. Yes, they also advertise some trading schools but it does not mean that you must deal with them. It will be enough to follow the tips given in these videos and to practice.

GregH37

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Quote from: ?? on ??

Even me i can do it my self for trading even im also a newbie. Because you can search and watch how to start from trading for crypto usually you can find in google.

Trading is not the challenge of many people here, it can easily be seen on the TV and fells very easy, but when a trader is faced with the live practical of trading, then we will understand how trading can be difficult. What scares majority of people away is not how to place but order or sell order, those are very simple tools that even a 10 years old child will be able to do.

The major thing that scares people away is making decision using analysis to place trade, when it comes to technical analysis, there are so many indicators that needs to be fully studied before they can be used too, but this looks quite very difficult for some people to understand and would rather pay someone to trade on their behalf or help them with signals.

StarofBTC

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Quote from: Ipwich on April 30, 2019, 12:51:43 AM

If they are not good with TA and they want to profit, of course they will pay for it.
For me, this is not good for your long term journey in trading, you cannot rely with these paid service all your life as a trader as they could also gone wrong sometimes, you know, when there's money involve lots of things could happen.

If you learn on your own, you can improve your strategy and you will be more fulfilled as a trader.

Thanks for the perfect advise, those who rely on people to trade for them rely does not understand what they are given out, not only the profit, but it feels to me as if they are selling of their birth right and the legacy they would have laid down for their children.

Those who are trading for them have already gone through the training and stress in life, and their children will never pay for such knowledge, because it will be passed on to them freely.

These people will not operate the section for life, so what happen to us after they are no longer in existence? We really need to keep these lazy attitude aside, especially for those that are still very young with fresh brains, they are things that can be learnt and out into practice to become guru too.

neonshium

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Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

Well not all of them will be a scam, the truth is that it would get to a time in your career when you will want to get some people on board to continue your legacy because you just want to make more and do lesser work than you have been doing, and this most of the time can only be done by creating a network of traders, and just picking up people and training them to be traders won't work out, because they won't value what they didn't pay for.

udidrone

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Until now i not trust about everything like that. Because i don't have much money to pay them and maybe it is only work for people with high capital. So they are can pay tutor and then get info from that. At least their trading capital and profir will cover what they paid instantly.

Tervelatuk

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Quote from: Darkoth89 on May 01, 2019, 05:09:01 PM

Quote from: Denton on May 01, 2019, 05:01:22 PM

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

But if someone is advertising a way to you to make easy money, don't you ask yourself why he's making this information public rather than profiting on his strategy on his own? It's the same with these private Pump&Dump groups where you have to pay to get access. These are only looking for people to buy their bags.

profesional trader never ask to other people to pay them if we want to now their strategy or teach us.maybe focus on their trader in order to get more profit be their reason for this.

rodel caling

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Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

Thanks op for the reminder and advisor to the community, not just nly the newbies get victim of that private group.

Quote from: Denton on May 01, 2019, 05:01:22 PM

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

i get want you to deliver about this op thread because some or the trader are use their knowledge to get easy money but some of this group are scammers.

adaseb

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Quote from: Darkoth89 on May 01, 2019, 05:09:01 PM

Quote from: Denton on May 01, 2019, 05:01:22 PM

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

But if someone is advertising a way to you to make easy money, don't you ask yourself why he's making this information public rather than profiting on his strategy on his own? It's the same with these private Pump&Dump groups where you have to pay to get access. These are only looking for people to buy their bags.

Yes it does seem like common sense. Basically its like that saying. Give a man a fish you feed him for a day, teach a man to fish you feed him for life. In the capitalistic world, you wouldn't teach a man to fish you instead would sell him fish everyday. This is a great analogy and most people don't understant and they fall for these scams.

Some of these private courses or trading groups have even answered the question "Why are you providing this secret info, when you can instead trade yourself and make more money instead of selling your course? And the replies were ridiculously like "I want to be like Robin Hood and help the poor", etc and people actually still believe these guys and they buy a membership anyways.

They lose money on the membership and they also lose even more money trading the markets.

Darkoth89

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Quote from: Denton on May 01, 2019, 05:01:22 PM

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

But if someone is advertising a way to you to make easy money, don't you ask yourself why he's making this information public rather than profiting on his strategy on his own? It's the same with these private Pump&Dump groups where you have to pay to get access. These are only looking for people to buy their bags.

Denton

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I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

harizen

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Quote from: Xising on May 01, 2019, 01:21:52 AM

Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

That may be true, but I would say not entirely. Although it is true that to be a successful trader one has to really look at the market really closely and be in it almost all the time to see the changes that trends that are happening. However, despite that fact, there are some people who, by their characters, are good and want to help those who needs an extra push whether it be coaching, knowledge or whatever it is they need to become successful. I mean, it's always a feel good situation to help someone and see them succeed. Although this market is as competitive as one can get, there are still some good people out there who are willing to impart their knowledge because if more and more people would succeed, it would surely affect the market in its entirety on a positive note.

So you are fine with paid advices because they are helping?

Well we can say there are traders that wants some compensation in exchange of helping others since they worked for it but the whole quote just telling us that it's quiet rare to see a serious trader who will run and sell a service like that because they can earned more doing trades than offering that kind of service.

Bottom line, those paid groups are just consist of pure hypes and not actually running a serious course once you paid for it.

pawanjain

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Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

This is definitely true because there is no logic if a trader who is successful is actually not trading but teaching others how to trade.
If the trader is so successful why would he reveal his stats and strategies because if he would do so that would just hinder the market movements and all his strategies would be of no use.
So basically there is no logic if a successful trader is teaching rather than trading himself. It's definitely a scam.

Barbut

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Quote from: Xising on May 01, 2019, 01:21:52 AM

Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

That may be true, but I would say not entirely. Although it is true that to be a successful trader one has to really look at the market really closely and be in it almost all the time to see the changes that trends that are happening. However, despite that fact, there are some people who, by their characters, are good and want to help those who needs an extra push whether it be coaching, knowledge or whatever it is they need to become successful. I mean, it's always a feel good situation to help someone and see them succeed. Although this market is as competitive as one can get, there are still some good people out there who are willing to impart their knowledge because if more and more people would succeed, it would surely affect the market in its entirety on a positive note.

Traders who run private groups are usually the ones behind pump and dump schemes. I don`t think that traders are busy all the time, one of the good sides of being trader is that you can do more things on computer
while you trade, why would be hard for some trader to be active on social network or to give tips here and there.
What really is pain in the ass is that every trade is risky, nothing is 100% sure. When someone gives a tip and that doesnt pass people get nervous and start attacking, I think this is the main reason why some successful traders dont wish to give tips. They handle their wins and loses, why would they want to be someones target cause one bad trade?

Xising

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Quote from: harizen on April 25, 2019, 12:25:26 PM

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

That may be true, but I would say not entirely. Although it is true that to be a successful trader one has to really look at the market really closely and be in it almost all the time to see the changes that trends that are happening. However, despite that fact, there are some people who, by their characters, are good and want to help those who needs an extra push whether it be coaching, knowledge or whatever it is they need to become successful. I mean, it's always a feel good situation to help someone and see them succeed. Although this market is as competitive as one can get, there are still some good people out there who are willing to impart their knowledge because if more and more people would succeed, it would surely affect the market in its entirety on a positive note.

jhongzjhong

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Quote from: Yamifoud on April 30, 2019, 11:40:48 PM

We know how scammers work and we don't have lack of awareness in this forum. This may serves a lesson and learn especially for starters. We don't need to rush in learning crypto trading, better help ourself rather than seeking help from the anonymous person which they only wanting to scam us.

That's right, this strategy is very prone to scammers. Fooling noobs in trading that want to earn quick money without searching and studying it well. As of now, scammers make smartest than before, they know the weakness that newbie in trading had. We are lucky here in the forum that we already aware of that kind of modus from others that rely on hype or other services that related in trading which is having bad intention.

Yamifoud

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Quote from: GreatArkansas on April 30, 2019, 09:03:56 PM

Quote from: dmty.0809 on April 28, 2019, 11:38:34 PM

Most of them are looking for ways to cheat, we make payments and then they disappear and we don't get any knowledge.

Oh, that's sad, you paid someone online just to teach you how to trade? then the worst part, they disappear. That's really disappointing, if you are planning to pay someone just to teach you how to trade, much better you subscribe on some course online, or much better buy some e-books or books then you learn by yourself.

I've never think how this person trusted to the one that never been talk for long. There is no wrong to trust someone but not really that much especially when it deals with money not unless they offer to give them help before we pay.

We know how scammers work and we don't have lack of awareness in this forum. This may serves a lesson and learn especially for starters. We don't need to rush in learning crypto trading, better help ourself rather than seeking help from the anonymous person which they only wanting to scam us.

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