I joined a trading signals before and i would say that it is a luck if you have bought in cheap and sold it to someone who is part of the group and its like a ponzi scheme. So i would not recommend to join this scheme because you might just lost your money.
And they manipulate people by providing screenshot of their members winning but they are the one whose really winning and making money.
Topic: Risks with using trading Signals - page 8. (Read 1284 times)
trading is not about signals because i believe that signals can not guide traders accurately because if it is then all traders are are succesful or rich now .
the risk of using trading signals is that you can loose your money from the fake premium singals that promise you to earn huge income but even free signals can also become a trick for the traders to buy a wrong coin or to trade at the wrong time .
the risk of using trading signals is that you can loose your money from the fake premium singals that promise you to earn huge income but even free signals can also become a trick for the traders to buy a wrong coin or to trade at the wrong time .
How can you tell if the person is a professional.
I read it after the "but" word.
I don't think there is literally a professional within the trading platform of cryptocurrencies.
All those signals just came from their technical view which could be wrong for many times.
You are risking your money already here and you are risking more by believing someone else.
I read it after the "but" word.
I don't think there is literally a professional within the trading platform of cryptocurrencies.
All those signals just came from their technical view which could be wrong for many times.
You are risking your money already here and you are risking more by believing someone else.
No need to take trading signals if you are aware enough of the possibilities though the probability of your preciseness in real time is pretty much lower. But you'll have to pay no more with these bots or humans notifying signals. You could do alot on your own besides many traders out there has been successful without these automated signals coming from bots or humans. Activeness, and Discipline to everything you do is enough.
Easy to say, when someone already rely on trading signal, although it is premium signal or maybe free signals. He will always rely on it. And then when something unpredicted happen, you can't do anything to fix it. Simple thing that people must know. Because trading is not only to look profit, but to learn how to be good traders. If keep rely on signal, you wouldn't learn anything from it except buy and sell.
I think joining a trading signals can put your money in risk and you will loose it in just a matter of tims if you have fallen on some traps and this kind of scheme really benefits the one who made the group of trading signal since you will just need to follow their rules and asking you to keep buying while they are earning.
That's why its not recommended to join this kind scheme and you can learn trading by studying it correctly and you can set a signal on yourself to traide in time.
That's why its not recommended to join this kind scheme and you can learn trading by studying it correctly and you can set a signal on yourself to traide in time.
Trading Signals is nothing but just a myth created by top notch scammers who know how to manipulate with emotions of small traders. Signals are nothing but just false alerts created using pump and dump most of the times. First scam is how these groups manipulate their results. They would always give you signal after the CMP has already risen from that point and will tell you to sell at a certain point and SL at a certain point. Now if the trade goes a little bit in profit yet far from sell point and you didn't exit because you weren't given a signal and the trade goes on to hit the SL. Signal group will still claim profit because the price went a bit up and hence it was profitable. Moreover premium signal is the biggest myth. It's like premium users get the chance to be fooled earlier. There are only around 0.5% original trading groups but all of them there are traders who know how to interpret every call. There isn't any easy money in trading I have not even heard a single person earning money from signals.
I keep telling people that there is no easy money. You have to learn and the trade for yourself. Trade signals;
- Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
- Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
Absolutely, what people don't realize is that paid signals or even free signals are just using you for them to make profit a lot, this is their usual strategy, most of them are just using people, before they are making signal, they are making entry first, then they are making signals above what their entry is or vice versa, when the buying power has risen, they will sell it. So, let's not rely on them, they are just manipulating the mind of people.
It is very dangerous to follow trading signals, both free trading signals and paid premium trading signals. Because I was
once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
it's true and I have been joining paid premium trading signals for 6 months, but it didn't end well for my profit. how can I follow their signals when prices have risen 10% before I buy, it only profits them.
better or at least have friends who are good enough in trading so we can discuss it with him.
It is very dangerous to follow trading signals, both free trading signals and paid premium trading signals. Because I was
once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
learn from experience indeed, I also once follow signal in my newbie days till I realize I should just read news and analyze the charts for my own sake. I just sometimes ask with some friends if I'm targeting a new coin or new in my eye if they have tried trading that coin, sometimes it's good to explore also and test our ability to adopt in market volatility and discover what may happen, than expect on trading signals to happen apparently won't never happen. once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
Don't you ever believe trading signals. Especially the one that has paid premium signals. It's mostly only a mere speculation. It's more risky since we're just following other people's words. Worst of all if one signals could make you lose all of your money. That kinda people needs you to buy so their sell order got filled, that's as far as I know.
Most of these trading signals are a scam and you can't even find a legitimate one nowadays. It's better to learn trading on your own than trusting those signals which is not gonna help you to get some profit but instead they profited from you. Don't get fooled by those trading advertisement from any social platforms it might be too late to realize that you have been scammed.
No signal or anything else can predict the future
The future is at risk at any time for anyone
The future is at risk at any time for anyone
Don't you ever believe trading signals. Especially the one that has paid premium signals. It's mostly only a mere speculation. It's more risky since we're just following other people's words. Worst of all if one signals could make you lose all of your money. That kinda people needs you to buy so their sell order got filled, that's as far as I know.
Yeah if they really good at trading they won't need to make money from paid trading signals, i don't understand to the people who want to pay trading signals, did they think the signal makers is really good ? if they're really good why they're making a bussiness of trading signals instead they're just make money from tradings.
Even they can make a lot make senses analysis, all of those trades are still speculation because the crypto price movement is not enough to predict with only technical analysis
It is very dangerous to follow trading signals, both free trading signals and paid premium trading signals. Because I was
once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
once a victim of trading signals, by following the pump and dump signals, my capital was finally used up. Indeed, we better
learn for ourselves trading strategies and analyze the market itself, so we better understand how read the market. That way
we can only make a profit. With trading signals we will not learn anything and won't get anything. because we don't understand
anything. So my advice is to avoid trading signals if you want to get one profit from trading.
Trading is not an easy things to do. Its much easy to lo lose money here but have a great chance to earn as well . I think it always a bad decision to follow the signal from someone or any group .You can't afford to lose money by someone call .We have to learn first and make study always on market .It will give a great knowledge to us .We have to learn from our each and every mistake .So i always suggest not to follow signal .
there are traders who started to learn trading with altcoins. specially the altcoins paired with usdt, they are best to practice with and you can do it with the very few bucks you have like $200. its almost the same thing with btc/usdt all you need to learn is which indicator are you comfortable using with. just about 2 or 3 indicators you know how to use i think is enough for you to see where the market is going at particular time frame. once you already know, you wouldn't be joining that telegram group providing signals.
Don't you ever believe trading signals. Especially the one that has paid premium signals. It's mostly only a mere speculation. It's more risky since we're just following other people's words. Worst of all if one signals could make you lose all of your money. That kinda people needs you to buy so their sell order got filled, that's as far as I know.
Trading is not an easy things to do. Its much easy to lo lose money here but have a great chance to earn as well . I think it always a bad decision to follow the signal from someone or any group .You can't afford to lose money by someone call .We have to learn first and make study always on market .It will give a great knowledge to us .We have to learn from our each and every mistake .So i always suggest not to follow signal .
I have used to follow signals from other trader a couple of years ago, but I have learnt that it is waste of time and money. Most of them are just analysts, not traders. They don't have any skin in the game and might have hidden interests like to create liquidity for their orders or their bags. Don't recommend that at all.
You'd never suggest a new trader to watch signals. The basic logic to the scam part is just assessment of their business model; if the signals worked why put the effort into selling them when you already have an easier way to make money.
However, If they are free, I don't care. I might actually join them, because I have nothing to lose since, I can just make my own analysis and evaluate the signal and it gives me things to analyse and know what better traders look for. If they are paid, then alarms are ringed. I am not giving my money away unless the one running the group is a proven profitable trader. Even then, I would still have doubts. What if he suddenly stops? It's not like these things are regulated the same way large companies are. So as long as you know what you are doing and do your own analysis instead of following signals blindly, and if you don't mind what you are paying for, go for it.
However, If they are free, I don't care. I might actually join them, because I have nothing to lose since, I can just make my own analysis and evaluate the signal and it gives me things to analyse and know what better traders look for. If they are paid, then alarms are ringed. I am not giving my money away unless the one running the group is a proven profitable trader. Even then, I would still have doubts. What if he suddenly stops? It's not like these things are regulated the same way large companies are. So as long as you know what you are doing and do your own analysis instead of following signals blindly, and if you don't mind what you are paying for, go for it.
I have tried to subscribed before to some trading Signals especially in margin trading signals. The risk is still there, and I don't think joining on those kind of paid or non paid trading signals has no good effects on you.
As long you are learning or validating their signals or chart provided, that is okay, additional learning. But when totally copy their trades or buy/sell on what they told without validating or learning is not so okay for me.
As long you are learning or validating their signals or chart provided, that is okay, additional learning. But when totally copy their trades or buy/sell on what they told without validating or learning is not so okay for me.
Jump to: