Topic: Risks with using trading Signals - page 3. (Read 1285 times)
I have experienced points 2 and 3. and the initial signal I followed was point 3. Using a free signal, it was like fighting over a chair. because every admin gives information on pump coins. more than 1000 members make an instant buy. and the most unlucky is the last buyer. because prices are in the dump. then I thought, this is just the game admin signal that was bought before the information was revealed. after that I saw a paid signal. and it turns out the same as you said. it doesn't give a big profit. because signal professionals always take profits below 5%. it gives them an advantage because they use large funds. but for me it is very loss. because of the small funds. so at the moment I am sticking with my personal predictions. it's better, i can make a profit target above 10%
After learning and realizing that it's far better to do things on your own instead of following those trading signals providers, the group owners or facilitator are the one that have a much higher benefits, since the people who are following already bought any coins that the admin already havesince it's still cheap, some might bring more artificial pumped to attract more followers to believe but quickly dumped after seeing good opportunities.
I have experienced points 2 and 3. and the initial signal I followed was point 3. Using a free signal, it was like fighting over a chair. because every admin gives information on pump coins. more than 1000 members make an instant buy. and the most unlucky is the last buyer. because prices are in the dump. then I thought, this is just the game admin signal that was bought before the information was revealed. after that I saw a paid signal. and it turns out the same as you said. it doesn't give a big profit. because signal professionals always take profits below 5%. it gives them an advantage because they use large funds. but for me it is very loss. because of the small funds. so at the moment I am sticking with my personal predictions. it's better, i can make a profit target above 10%
I don't know but we do have same situation in life, I've been there too, I actually tired at work and I really wanted to study trading but I can't focus much and my friend told me that there's a lot of signals out there, so I tried a couple of groups that are giving free signals, and thankfully I loss, because of it I realized that I should not rely on them, that I need to work for myself if I really wanted to earn. So, I gave time and removed all the excuses on myself.
I have experienced points 2 and 3. and the initial signal I followed was point 3. Using a free signal, it was like fighting over a chair. because every admin gives information on pump coins. more than 1000 members make an instant buy. and the most unlucky is the last buyer. because prices are in the dump. then I thought, this is just the game admin signal that was bought before the information was revealed. after that I saw a paid signal. and it turns out the same as you said. it doesn't give a big profit. because signal professionals always take profits below 5%. it gives them an advantage because they use large funds. but for me it is very loss. because of the small funds. so at the moment I am sticking with my personal predictions. it's better, i can make a profit target above 10%
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
Since I join this market, many signal channels have been created and all of these channels do not have any clear analysis for investors. I think it's best to stay away and not trust any signals they give because the risk can be huge. Now there are thousands of videos showing you how to analyze this market so take advantage of that to become a smarter investor in this market.Of course, I don't forbid you to join signals channels but make sure you can make a profit from that coin because if you lose, no one will be responsible for you.
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
All signals appearing at telegram usually don't have specific analysis for investors and the risk that it brings you is very large, so analyze yourself and make a more accurate decision. I have never followed any signal channel in this market because most of the signals they give have a failure rate of more than 80% and some coins may drop even more if market collapses. It is not necessary for you to make a profit this way because there are many tutorials available on the internet right now and if you do your own research, you will greatly reduce the risks.
There are several paid trading signals group that explain their prediction with specifics analytical reason which is good for newbie to learn how to read the chart. But i think we can learn from the free source in the internet there are many of them. And also the bad site joining trading signals is we will be adicted and we don't have any skills to trade and we will always join them and paid the each month which is not good for our crypto career
Trading signals is quite good but it needs a reliable source that makes sense to each and everyone of us here in the world of crypto currency community. It's definitely a risk by those newbie in which they can easily believe. I hope each of us here must aware on those signals for the altcoins that they choose since market is still bearish and needs a proper guidance from users have already experienced.
If we are talking about signals that are sold on paid channels, then I completely agree, most of these channels are complete nonsense, where people lose their money. I personally prefer to analyze the market myself, read the news on various news portals( Neironix.io, cointelegraph etc.), tradingview analytics and make decisions ourselves, rather than pray for signals from closed paid groups.
Most don't have any specific analysis when giving signals and this is not recommended when participating in the crypto market. Now a lot of analytical lessons for you and can apply the knowledge you have learned when trading because if you have the knowledge you will never fail to trade. I never join signals on Telegram because their predictions are unclear and inaccurate.But here's the difference between the one with a lot of knowledge and the other who know nothing but speculating all the time . First of all a professional knows how to minimize the risk instead targetting a lot of profit at once they tend to think and act based on the data. The newbies just put the buy/sell orders based on the feelings in other words more to gambling instead of doing trade.
I would say that there's might only 1% of professional trader who able to share the analysis through a product called trading signal and really do a legitimate trading signal business, the rest of it is just a bullshit trading signal services operated by an opportunist who trying to steal your money with 100% trading signal lies. I've got a lot of reports from my fellow traders who insist to try the trading signal... guess most of them ended in anger as it feels nothing has changed since they joined , the risk for you to get a scam signal services is more than 80%, don't do that unless if you really know who's the trader themselves.
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
All signals appearing at telegram usually don't have specific analysis for investors and the risk that it brings you is very large, so analyze yourself and make a more accurate decision. I have never followed any signal channel in this market because most of the signals they give have a failure rate of more than 80% and some coins may drop even more if market collapses. It is not necessary for you to make a profit this way because there are many tutorials available on the internet right now and if you do your own research, you will greatly reduce the risks.
There are several paid trading signals group that explain their prediction with specifics analytical reason which is good for newbie to learn how to read the chart. But i think we can learn from the free source in the internet there are many of them. And also the bad site joining trading signals is we will be adicted and we don't have any skills to trade and we will always join them and paid the each month which is not good for our crypto career
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
All signals appearing at telegram usually don't have specific analysis for investors and the risk that it brings you is very large, so analyze yourself and make a more accurate decision. I have never followed any signal channel in this market because most of the signals they give have a failure rate of more than 80% and some coins may drop even more if market collapses. It is not necessary for you to make a profit this way because there are many tutorials available on the internet right now and if you do your own research, you will greatly reduce the risks.
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
try to join one of their channels, and learn with your personal analysis, then you will know where the difference is, it's about vigilance, and not about turning a blind eye to refuse. The point is that traders have communication channels for various signals, because a single trader is not possible to analyze many coins at one time. The worst risk is when you trust a signal without analyzing, this is the important part.
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
You should not rely or even trust the trading signals that you will be receiving from anyone because you don't know how they plot their entry and exit because it is not based on your knowledge and style. You should make a trading strategy by yourself so you will have no one to blame when things go wrong and you will improve if you will rely on yourself all the time through mistakes.
Some rich people do not want to stress themselves on things they aren't interested. I remember few years ago maybe 5 people asked me to handle a portion of their money. Either I can invest it short term and long term or to actively trade it in crypto or stocks or both. I always decline, I am not that good of a trader and investor. And I felt, I can be more focus when risking my own money. So I cannot really say anything bad on people paying someone to give them trading signals. It's for their own risk. I also tried it twice. The first guru was only good at the start and we ended in disaster. The second one I profited but I am hard headed and made my own strategic versions which didn't worked well. I then decided to take a break from trading. I only hold some coins and stocks but seldom do trades anymore.
which even you cant be sure on what would be the outcome on monthly basis.
Yup, I've followed some signals but now no more. it must be very careful and need further research. no need for all crypto signals to be followed. because there are some crypto signal groups that only drive FOMO. we never know since when they bought the coin and at what price they have bought. remember risk management in the world of trading.
If we are talking about signals that are sold on paid channels, then I completely agree, most of these channels are complete nonsense, where people lose their money. I personally prefer to analyze the market myself, read the news on various news portals( Neironix.io, cointelegraph etc.), tradingview analytics and make decisions ourselves, rather than pray for signals from closed paid groups.
Most don't have any specific analysis when giving signals and this is not recommended when participating in the crypto market. Now a lot of analytical lessons for you and can apply the knowledge you have learned when trading because if you have the knowledge you will never fail to trade. I never join signals on Telegram because their predictions are unclear and inaccurate.Those that follow signals do not really understand the market, if you were to look at how the most successful traders around the world became that way you will see that no one follows the signals generated by others, they have their own way to tell what they market will do and then when the market moves in that way they enter the market not caring about what anyone else thinks and until you can do that then you are not really a good trader.
In my opinion, an experienced trader will never turn to the help of signals, because he already has experience and knowledge in order to analyze the cryptocurrency market and take the right actions based on the findings. You are really right that all signals are primarily in demand among beginners or not too experienced traders who want to get a good income thanks to information that is easily accessible and in their opinion is too important. But I believe that the action of the signals is aimed at manipulating a significant mass of traders for the sake of certain people. This is how some groups and communities of speculators manipulate the market.If we are talking about signals that are sold on paid channels, then I completely agree, most of these channels are complete nonsense, where people lose their money. I personally prefer to analyze the market myself, read the news on various news portals( Neironix.io, cointelegraph etc.), tradingview analytics and make decisions ourselves, rather than pray for signals from closed paid groups.
Most don't have any specific analysis when giving signals and this is not recommended when participating in the crypto market. Now a lot of analytical lessons for you and can apply the knowledge you have learned when trading because if you have the knowledge you will never fail to trade. I never join signals on Telegram because their predictions are unclear and inaccurate. If we are talking about signals that are sold on paid channels, then I completely agree, most of these channels are complete nonsense, where people lose their money. I personally prefer to analyze the market myself, read the news on various news portals( Neironix.io, cointelegraph etc.), tradingview analytics and make decisions ourselves, rather than pray for signals from closed paid groups.
Exactly what experts do. Following signals aren't beneficial to our ends instead, it makes us fooled by scammers. If we have our own market understanding, it is enough to hold back our trades into having a positive result. It is better to make our own market speculation, analyze market charts, and think wisely, these all be the way we should have to do and nothing we have to rely on those (fake) signals sold around.
If we are talking about signals that are sold on paid channels, then I completely agree, most of these channels are complete nonsense, where people lose their money. I personally prefer to analyze the market myself, read the news on various news portals( Neironix.io, cointelegraph etc.), tradingview analytics and make decisions ourselves, rather than pray for signals from closed paid groups.
This issue has been mentioned many times and this transaction is only suitable for lazy people. They are just waiting for the opportunity to buy coins cheaply, but they don't know that behind it is a whole bunch of sharks waiting to be eaten.
This is an unreliable way to trade. It is very risky and easy to lose money.
only traders who have more experience will realize that such signals are just lies and should if there are signals like that don't be too trusted because usually the team behind the project will buy first and after that will sell coins quickly and make coins many traders on the signal become stuck at high prices.This is an unreliable way to trade. It is very risky and easy to lose money.
Noobs will be the most common victims from this, not exactly they never about the risk of using signals but they are blinded enough for not seeing it. They can only realize once they already suffer losses. If they would listen to us, then there is a chance that they will be safe and able to enjoy their life in trading base on their market perspective.
Jump to: