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Topic: Please be careful with traders who.... - page 4. (Read 12808 times)

legendary
Activity: 1274
Merit: 1004
April 28, 2019, 03:00:21 PM
#72
it's not always the same, as OP has said many good traders are busy at trading and hardly can afford time for teaching someone. Yes, it's true but not ever a good trader is always trading. what makes a trader good is balancing his trading and personal health together. its also true that there are many distracting courses out there who are simply going to waste your time but do learning something is really a waste? doesn't it add experience and of course practical experience is the main stuff in trading so just keep trading.
sr. member
Activity: 2506
Merit: 368
April 28, 2019, 02:37:43 PM
#71
I've seen some real traders who do tutorials about the basics but not really teaching how to make a profit and most of them are forex traders. They don't actually collect people to gather and tell this and that. They just put the tutorial so that everyone could actually understand the essence of trading.

And for those people on YT who do tell that they were gaining profit from this and that but never post the real result of their daily trading then i don't bother to watch them since they just want you to watch their channel. And all they have been telling was a pure BS to me if they don't show some results.
sr. member
Activity: 882
Merit: 269
April 28, 2019, 11:47:43 AM
#70
I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.
Many of them are making claims in other to deceive us.  Be careful like op said is the best solution to this scams that hide under the expertise of trading to give you signal that some of them cannot even risk their capital for it.  We should becareful and learn everything about cryptocurrencies ourself.
full member
Activity: 602
Merit: 111
April 28, 2019, 11:36:48 AM
#69
"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.)
whenever we are in any type of groups we need to be alert and careful when something was going wrong for our thoughts and it will be the most important point that we have to follow every time the traderr should not feel comfortable.
hero member
Activity: 2912
Merit: 556
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April 28, 2019, 08:34:38 AM
#68
I've seen a lot of people shilling on twitter about their paid private group in 2017 prior to the bull run. A lot of them fizzled out when the bear market hit last year.

Before subscribing to them, consider that they're not really earning much from trading that's why they're selling something else.

honestly I still really doubt the group like this, do they always get the profit they are promoting. but after seeing a number of reviews from people who have joined, this group or channel cannot provide profit at all. Even private group can't guarantee that we can even get profit.


I am sure they are taking a profit from people who joined them. But for the people, I don't think that they can easily take the profit like them because they know what the next thing that they want to do but people don't know and only follow their direction which is not always good. Perhaps, some people can take the profit, but other people cannot take a profit. It still better to analyze by yourself so you will learn many things related to trading and if you can learn more and more, I am sure that you will make a huge profit too.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
April 28, 2019, 08:28:28 AM
#67
"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.)
You might able to say that those advisors do seek out some extra source of income?If we do think clearly if they do generate out profits then getting amount from subs
wont really be that enough or can even break even on the amount that they can potentially earn when they do go full time on trading and also it isn't really that necessary for us to have those advisors yet
we can self-learn and all sources are available online,all you need to do is to research.
member
Activity: 616
Merit: 12
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April 28, 2019, 07:51:55 AM
#66
I've seen a lot of people shilling on twitter about their paid private group in 2017 prior to the bull run. A lot of them fizzled out when the bear market hit last year.

Before subscribing to them, consider that they're not really earning much from trading that's why they're selling something else.

honestly I still really doubt the group like this, do they always get the profit they are promoting. but after seeing a number of reviews from people who have joined, this group or channel cannot provide profit at all. Even private group can't guarantee that we can even get profit.
jr. member
Activity: 85
Merit: 5
April 28, 2019, 07:22:18 AM
#65
It is always good to research own analysis and then do trading, you can read the analysis of other users but dont trade on that blindly. Just take some time and read the market and then read the other analysis of users and come to a point where you can do your own calculation and then do trading on it. So if anything goes wrong you wont feel sad that you traded on other person or group reports.
legendary
Activity: 1372
Merit: 1008
April 28, 2019, 07:07:50 AM
#64
I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.
Think that only you can predict prices in the market, only you can see where the market will occur. we are fed up with the speculation that arises, it's just a hoax to manipulate something, so it's enough to follow the instructions of other traders!
sr. member
Activity: 1596
Merit: 335
April 28, 2019, 05:48:50 AM
#63
I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.
legendary
Activity: 3808
Merit: 1723
April 28, 2019, 03:28:45 AM
#62
Years ago when I started with stock trading I've also subscribed to these groups. They are generally never on a free trial and you have to join for at least a month which is usually in the $250+ range all the way up to $1000 or so.

The problem is that you usually get the signals way too late, you would need to not have a day-job to be able to catch them. Because sometimes you miss the trade and it ends up being profitable and you are left out.

Another issue is that its hard to tell whethey they actually make any money or not. The trades are usually delayed and sometimes its almost as they are trading in hindsight. Like they buy a stock, tweet about it 5 minutes later, and price is already up 1-2%, and then you buy and the price goes down, and then another late tweet comes saying they sold 5 minutes later. So who knows whether they actually took those trades or not.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
April 28, 2019, 03:14:00 AM
#61
And also we can add one more point is no one will share their winning strategy to anyone so if someone selling that means they just want to make money from nothing,if they have skills they can make it by themselves.
Honestly I don't subscribe to those shit paid signals I was made to understand that they earn more by selling a non consistent winning signals, a friend of mine had quit such services  researched and came out with a good strategy which he had been using thus making some profits for him although it is a forex strategy having spent huge amount of money on the so-called paid signal groups without any achievement.
member
Activity: 854
Merit: 12
arcs-chain.com
April 28, 2019, 03:06:07 AM
#60
"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.)

I've always found interesting how some people can devise ways to get income from the unsuspecting newbies...
Does someone think that a successfull trader would teach it's techniques and secrets to everyone paying a few bucks? If that guy was a trading master, each minute he would spend in teaching would be worth a lot more while trading... besides, why would he be interested in increasing the level of the competition?  Grin
Outside crypto world there are also these types, offering lessons on "how to collect weeds from your garden", or "how to collect rain water"... come on people...
legendary
Activity: 1204
Merit: 1028
April 28, 2019, 02:26:17 AM
#59
There are still some reasons besides that, maybe they want more money by giving courses to others. But you have still point, for me, I will never pay someone to teach me a trade or will buy some courses. I know it is much better to do our own research or more on self-study, much better for me since there's already a lot of resources now.
If they are so good in the trading and are successful as they claim to be, what more money do they want that they don’t already got in the trading, and like he said, most successful traders would not even have time to do tutorials because they are busy trading, we have to understand that there is a difference between a trader and an tutor.

We understand those who tutor fully in how to trade, those ones are basically interested in making money out of training people but not as a full time trader,  a full time trader can only take money to trade on behalf of a newbie in order for them to make more profit.
legendary
Activity: 1526
Merit: 1179
April 27, 2019, 01:01:40 PM
#58
Definitely I devoted my time to learn trading through some WhatsApp groups and as well as telegram groups too and also meeting some pro on (TV) tradingview.
I find it highly distracting to be part of a group when it comes to trading. I looked into some that were free and open to access, but the noise ratio is so high that I ended up leaving every single group I joined.

It was so distracting that I developed an anti TA bias with how these people turned TA into a meme rather than something useful. I'm glad I looked into TA again on my own without all the noise from fools thinking to be pros.

I stick to trades that are somewhat obvious in my book. The peak of the current run is something I shorted due to how bullish people are, and the fact that Bitcoin was very near a $100 billion market cap.

Day trading is something I avoid at all cost.
full member
Activity: 1106
Merit: 166
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April 27, 2019, 12:40:37 PM
#57
"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.)
yes don't trust anyone in this type of field because everyone get into the field only for money so anything will be happened if we are careless so making the decision will always been important to carry out for long time without any support is ended up with the success for your journey.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
April 27, 2019, 11:12:15 AM
#56
There are still some reasons besides that, maybe they want more money by giving courses to others. But you have still point, for me, I will never pay someone to teach me a trade or will buy some courses. I know it is much better to do our own research or more on self-study, much better for me since there's already a lot of resources now.
That's the last thing I can ever think of to pay someone to help me trade. Definitely I devoted my time to learn trading through some WhatsApp groups and as well as telegram groups too and also meeting some pro on (TV) tradingview.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
April 27, 2019, 11:09:32 AM
#55
"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.)
I guess this should give a good scope to the newbies who looks for shortcut on trading analysis. In my own say a busy trader doesn't have time to him or her self talk less of teaching. So to make it far just put up your own knowledge and Google search and also watch some videos about trading.
member
Activity: 406
Merit: 10
April 27, 2019, 11:06:34 AM
#54
It is only a fool or inexperienced trader that can trade with people who chart with him or her on private group. However, trading with such person is not bad  but tell him to place order on the exchange don't send your asset to him. They are now many be careful
sr. member
Activity: 812
Merit: 250
April 27, 2019, 10:20:17 AM
#53
what you say is very reasonable. if indeed they are experts in trade, they will be busy with the trade they are doing, they certainly do not want to bother with taking group courses or pump signals. most of them will only take advantage of our ignorance.
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