Topic: Signal trap, a self-conscious scam - page 2. (Read 277 times)

It is hilarious to see someone that want to go for day trading and like signals, that is just the dawning of its failure because the trader will surely lose and lose over time. Even if someone have to make use of free signyal, he must already been an expert, if not an expert, the person will definitely lose, whike paid signals are complete scam. What I just noticed is that there are good and bad time, many of the day traders will have no option again than to go for swing trading which is less risky but still risky, while some will become experienced and know holding will be better. It has always been good to learn trading by oneself, this is the best way to go, with time the trader will know the best choice after starting with very low amount of funds.

I have access to such analytics and this is not a pump and dump scheme (although this also occurs if you are offered to buy an unknown token or coin).

How it works?
Many good analysts publish reviews in paid groups, and cunning resellers buy access there, create their own groups and, through good advertising, resell this information to others.
There are no guarantees for making a profit, but there are many who wish even now.

I am against this, because you will forget how to think and analyze the market, and in the end you will lose.

I would consider this a mistake from your part but if you meant this then I'm sorry but i just have to opposed. As a previous victim of signal groups when I thought trading was the way I could get to my goals faster in the industry, I can tell you there's no good from these so called signal groups not minding if they're paid or free. Nothing is actually free when you think about it. This signal groups owners are only just enriching themselves and their closet pals at your expense.

It's quite easy to spot the scammy nature of this signal groups with their so called testimony been posted all round twitter with trending hashtags, don't fall for their tricks. If you want to become a trader, learn the skills it ain't hard to get the basic and you use your experience to better yourself. There's something that turned me off with signal groups.

When their signals don't go as planned you lose twice. You lose your funds and also loses the experience you were meant to gain from that mistake that would had helped you in future to prevent similar mistakes. You're killing the trader in you by not analyzing the market yourself. You must not know it all to start but get the basic and the rest will be history provided you have the determination and discipline.

I think every one of us knows about the trading signal group. But are we aware of the trap of signal groups? How do they scam us? Although they aren't scamming you directly like a Ponzi scheme. But self-consciously we are handover our funds to them. Let's explain it shortly.

First of all, each paid signals group has a free signal group where they will share a few free signals and post a few news updates. Most paid signals channels are just a group of candidates. Before they share a free signal on the free signal group they post it in the paid signal group. As a result, the signaled coin pump for a few minutes. Once they share that signal in the free group the free subscriber thinks they could gain if they join in paid signal groups. Actually due to sharing the same signal in many paid groups a coin pump for a few minutes since they are a group of candidates. That's how signal providers always motivate their free subscribers to buy paid signals. But eventually, the signal buyer realizes that they just scammed.

So guys don't fall into the trading signal trap. I would like just to encourage you to get updates from their free signal groups. Don't trade just based on their signals. I know a few signals sometimes gain, but you wouldn't be lucky enough to enter at the right time. Don't lose your fund with the signal trap.