Skilled trader or bullshitter? 📈 | Bitcointalksearch.org

Maestro75

sr. member

Activity: 1960

Merit: 329

Quote from: ?? on ??

Quote from: Stedsm on March 10, 2020, 05:28:42 PM

Can't someone build a portfolio by doing demo trading

Usually, a demo trade is not a genuine trade. So the genuity will not be there. For me, I won't like to follow someone's demo trade.
There is difference between a demo trade and live trade, at least seriousness is part of it.

Definitely, the difference is only in the emotion of traders with the fear of losing or the excitement of winning. In demo trading, traders do not get much bothered about the direction of the trade. But I think what "Stedsm" referred to there with demo was for trade practice of anyone interested in trying the service offered by the OP.

Hulhala15

jr. member

Activity: 42

Merit: 1

If you base it on statistics - it can certainly help, but I'm not sure that even the most profitable trader always succeeds in everything, because it is normal if something goes wrong and we get lost in new circumstances. So the main thing here is probably not to panic, and just to continue to adhere to the rules of your strategy and learn to adapt in an unusual situation. I do not think that everything and always can be just perfect. In fact, traders who do not deserve attention always give themselves away, they are too categorical, they talk a lot, and never give at least some specific information. It is like a single actor playing. So you don't need to be a psychologist here to figure out whether it's worth spending your time or not...

carter34

member

Activity: 1302

Merit: 25

Quote from: adaseb on March 18, 2020, 11:33:49 PM

This is actually not a new idea, there are a few of these services out but they are mostly for forex or stock trading and can't find anything for crypto yet. However its smart because there are tons of new retail investors on bitcointalk or crypto twitter who follow people blindly and lose money.

Yes, in forex you see such a lot and it is with charges or percentage of the profit goes to the trader as agreed before following.
For the op, the difference is that he said it would be free but I think soon, he would want to charge some fee when he said premium offer or package will be considered. Well, until followers confirm success rate.

FanEagle

legendary

Activity: 2884

Merit: 1117

Well for marketing purposes, I can understand why you may want to spread your seeds everywhere you can while also not staying there for too long so you do not have to answer crucial questions. When you talk about your product every single place you can find, you are making an awareness, that way you are making people interested and they all come join your website, well at least some of them do.

When you stay for too long, some people will ask you questions that could be deal breakers, the longer you stay the bigger chance of a question like that to come. Which is why these type of products are usually marketed for a day or so in each place and then they leave. However, I am not bashing the product, it could be something that some people may want, I just disliked the marketing.

Sadlife

sr. member

Activity: 1400

Merit: 269

What a great way to advertise a product but what you say is quite true, we can all very much relate to this as not all people are good at trading, so we follow financial advice from people who says they can make thousands by a day. But only wants to scam you by joining his premium group even if you're not a legitimate trader with editing skills they can act like one just by showing key fundamentals or indicators use for TA.

This type of project im interested, it could be nice if you could show us the numbers of traders and their profiles. And testimonials of success using promotional videos.

kawetsriyanto

legendary

Activity: 2422

Merit: 1140

duelbits.com

Quote from: Jating on March 20, 2020, 02:12:31 AM

it looks like the OP just posted here and have no intention to come back and answer our queries.

You are right. He only replied on the first page, then disappeared till now. Look at his profile, registered March 10 and the last active March 11. It means he only active two days in this forum.

Quote from: Jating on March 20, 2020, 02:12:31 AM

Probably he/she wanted us to visit the website.

Indeed. It is the reason why he created an account and posted a single thread only. He expected people interested in their site and take a look there. His thread here is just a little promotion.

Quote from: Jating on March 20, 2020, 02:12:31 AM

And this is the problem of accounts just posting here to advertisement their project and not come back.

Yeah, there were already too many newbie accounts doing the same ways. Posted a single thread, just replied as necessary, then they disappeared. However, it happened in all crypto forums, so don't be so surprised about it. Cheesy

Sternbinder

jr. member

Activity: 40

Merit: 4

A qualified trader from someone who is not so difficult to determine, the main thing here is to be observant and learn to see the key points. First of all, every trader who really knows how to trade profitably can always explain why he or she acted in any way, what type of analysis he or she applied, why he or she chose a certain amount, etc. In other words, he can always reasonably answer for his actions. Secondly, such a trader can provide statistics with real indicators, I personally resent the representatives of demo-trading who show exorbitant results with unreasonably large amounts and a sufficient number of negative positions. And thirdly, such a trader reacts calmly to his mistakes and tries to correct it.

rexxarofmoknathal

sr. member

Activity: 980

Merit: 260

Quote from: el kaka22 on March 17, 2020, 08:00:17 AM

There has been some other copy trading places that does the same thing. I mean people could literally connect their API of the exchange of their preference so that they could basically do the exact same trades that the trader is doing while even asleep, there is no really word for it other than copy trading but it is like automated bots but does the moves of good traders instead of doing it based on indicators and such.

Still, it is a great product and everyone should check it out, I liked it, and I hope there will be thousands of traders there who will showboat their own trades and we can see really good traders and how they trade and why they trade so we can learn better, but to say that this is the first place is just factually wrong, this could be the best place, that could be true, but not the first place.

And honestly if more and more people connect their preferred API to copy trade wouldn't that deprecate this platform of yours? I understand that this may not be the right way to go about it but the fact is that some people already engage in this activity and likely more people will, and that means that there should be a focus to mitigate this issue.

Jating

hero member

Activity: 2842

Merit: 772

Oh well, it looks like the OP just posted here and have no intention to come back and answer our queries. Probably he/she wanted us to visit the website.

And this is the problem of accounts just posting here to advertisement their project and not come back. I'm following the thread as I'm interested. Anyways, decided not to try.

bearexin

full member

Activity: 1162

Merit: 168

This is really good idea, and I have checked out you guys' website and it looks really good both on my smartphone and computer. It’s just the app that I haven’t looked into, but I will be doing that very soon.

I am not a professional trader, so when I sign up I’m just going to be looking for experts that I can copy from and that’s all I need, it’s going to be really helpful for me since I don’t get the time to do all these math works and predictions. Copy trading is the way to go for me, and I like that you guys are putting your focus on this area.

adaseb

legendary

Activity: 3808

Merit: 1723

This is actually not a new idea, there are a few of these services out but they are mostly for forex or stock trading and can't find anything for crypto yet. However its smart because there are tons of new retail investors on bitcointalk or crypto twitter who follow people blindly and lose money.

Most people post that they "Long $3,000,000 at $5000" and it gets many peoples attentions because they seem like a whale. However they never provide actual proof. And then all of a sudden they have some "Signals trading" or "Trading course to offer". So your website would weed out many of these scams. And make sure you track performance like ratios of drawdown. Because when someone makes $1 million dollars but have 90% drawdowns all the time, then its obviously based on luck.

Sadlife

sr. member

Activity: 1400

Merit: 269

Quote from: Altpocket.io on March 10, 2020, 11:12:15 AM

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

That's really nice, how do you even get the traders to share their position to others ?
would like to know if there are some feedback from users who have tried it and where do you get the API data from the top traders, is that even allowed ?

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

There has been some other copy trading places that does the same thing. I mean people could literally connect their API of the exchange of their preference so that they could basically do the exact same trades that the trader is doing while even asleep, there is no really word for it other than copy trading but it is like automated bots but does the moves of good traders instead of doing it based on indicators and such.

Still, it is a great product and everyone should check it out, I liked it, and I hope there will be thousands of traders there who will showboat their own trades and we can see really good traders and how they trade and why they trade so we can learn better, but to say that this is the first place is just factually wrong, this could be the best place, that could be true, but not the first place.

Jating

hero member

Activity: 2842

Merit: 772

I'm more concern about the API keys though, we have heard before that Binance was hacked thru their API keys.

What security measures are you guys implementing here? As hackers can get ahold of our API keys and then it's over for us?

And what data are other people going to see in our portfolio?

Onte

member

Activity: 139

Merit: 10

The top list are only based of real trades right?

Altpocket.io

newbie

Activity: 8

Merit: 0

Quote from: carlisle1 on March 11, 2020, 08:43:10 AM

Quote from: Altpocket.io on March 10, 2020, 11:12:15 AM

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

i have been looking for possible use of Etoro but what i am afraid is the transfer of funds and this feature of yours take my attention,because there is always an issue if the Funds needs to be transferred specially to new sites like yours so i think i have find the right one here.Thanks

Quote from: Altpocket.io on March 10, 2020, 02:13:26 PM

No it is for free!

and this one is really WOW,lucky for the first users because we can have it for free because i am sure if time comes that you become famous and in demand the premium will be at Good Price .

Happy to hear that carlisle1! Welcome to Altpocket

Would appreciate to hear more about your thoughts on the platform and input on future development. Feel free to connect with me on [email protected]

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Altpocket.io on March 10, 2020, 11:12:15 AM

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

i have been looking for possible use of Etoro but what i am afraid is the transfer of funds and this feature of yours take my attention,because there is always an issue if the Funds needs to be transferred specially to new sites like yours so i think i have find the right one here.Thanks

Quote from: Altpocket.io on March 10, 2020, 02:13:26 PM

No it is for free!

and this one is really WOW,lucky for the first users because we can have it for free because i am sure if time comes that you become famous and in demand the premium will be at Good Price .

Altpocket.io

newbie

Activity: 8

Merit: 0

Quote from: ?? on ??

Quote from: Stedsm on March 10, 2020, 05:28:42 PM

Can't someone build a portfolio by doing demo trading

Usually, a demo trade is not a genuine trade. So the genuity will not be there. For me, I won't like to follow someone's demo trade.
There is difference between a demo trade and live trade, at least seriousness is part of it.

Don't worry, you will not be following demo trades. The toplists are based on verified trades.

You can view a persons "demo" trades as well but filter them out if you want to and the performance on users is purely based on verified Transactions.

Altpocket.io

newbie

Activity: 8

Merit: 0

Quote from: Stedsm on March 10, 2020, 05:28:42 PM

Can't someone build a portfolio by doing demo trading and/or just by adding trades they are not trading themselves but giving a tip to others to trade (of course with a warning sign that this trade was not executed by the trader himself)? Can't that still be a way to build a portfolio if someone does not have enough capital to trade with?

Yes, good point. You can build a portfolio with Manual trades, but other users can filter on what is verified or manually added trades.

The toplists are based on verified trades only to be totally genuine.

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: ?? on ??

Quote from: Stedsm on March 10, 2020, 05:28:42 PM

Can't someone build a portfolio by doing demo trading

Usually, a demo trade is not a genuine trade. So the genuity will not be there. For me, I won't like to follow someone's demo trade.
There is difference between a demo trade and live trade, at least seriousness is part of it.

If a person knows that s/he will be able to afford $100 to trade with in the near future and if s/he starts a demo account and trades with it as well as uses it to tip other traders, what's going to be wrong there? If s/he's damn serious about his/her play money, you'll definitely see him/her achieving his/her results and not just blah-blah talks. Another thing is, there are some demo accounts which give you the exact cut-to-cut price compared to the real ones, so the price factor also gets settled here.

Stedsm

legendary

Activity: 3052

Merit: 1273

Can't someone build a portfolio by doing demo trading and/or just by adding trades they are not trading themselves but giving a tip to others to trade (of course with a warning sign that this trade was not executed by the trader himself)? Can't that still be a way to build a portfolio if someone does not have enough capital to trade with?

Altpocket.io

newbie

Activity: 8

Merit: 0

Quote from: avikz on March 10, 2020, 12:16:23 PM

Quote from: Altpocket.io on March 10, 2020, 11:12:15 AM

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

Are you guys also building a copy trading in future where users will be able to follow top traders of their choice and the platform will execute trades proportionate to their investment?

I think that will be very handy for a lot of trading enthusiasts who have the money but not the expertise to try real world trading. You can check a platform called "FBS" if you want to know what exactly I am talking about.

Yes, we will build copy trading functionality in the future and also have other exciting “asset management” products in the pipe where we will help customers rebalance their portfolios.

Even now you will see the distribution of other portfolios and get notifications on trades, but you have to make the trade yourself.

Altpocket.io

newbie

Activity: 8

Merit: 0

Quote from: Gozie51 on March 10, 2020, 11:57:36 AM

Well, I get the point. The main advantage is for traders who are looking for traders to follow, like a copy trade.

So how do you make your money? Through download of your app or which means? You have charge for this? Just want to know about it.

No it is for free!
There are plans for premium features in the future, but the base service is free. You can follow and get notifications from other traders without any cost.
Go for it, try it out Wink

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Altpocket.io on March 10, 2020, 11:12:15 AM

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

Are you guys also building a copy trading in future where users will be able to follow top traders of their choice and the platform will execute trades proportionate to their investment?

I think that will be very handy for a lot of trading enthusiasts who have the money but not the expertise to try real world trading. You can check a platform called "FBS" if you want to know what exactly I am talking about.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Well, I get the point. The main advantage is for traders who are looking for traders to follow, like a copy trade.

So how do you make your money? Through download of your app or which means? You have charge for this? Just want to know about it.

Altpocket.io

newbie

Activity: 8

Merit: 0

Yes

similar to eToro, but one important difference. You do not have to move your funds to Altpocket, you can keep trading at the exchanges you prefer.

You can find traders to follow in the performance toplists and get notifications in your phone as soon as they make a trade.

Onte

member

Activity: 139

Merit: 10

Quote from: Altpocket.io on March 10, 2020, 08:42:13 AM

The trades are imported from the exchanges through API.
And the performance is calculated based on the verified trades.

So it's kinda like all the etoro ads (that are everywhere) so you can like follow top traders etc?

Altpocket.io

newbie

Activity: 8

Merit: 0

The trades are imported from the exchanges through API.
And the performance is calculated based on the verified trades.

Onte

member

Activity: 139

Merit: 10

How do you guys verify the trades?

Altpocket.io

newbie

Activity: 8

Merit: 0

We were tired of bullshiters boasting about their magnificent trades without being able to verify their actual performance.
How interesting is it really to read about people boosting coins and speculate in future price levels if you don’t know if they are bullshitters or actually good traders?

We built Altpocket where you connect to your exchanges and share your portfolio and trades with others. Verified and transparent.
Now you can see who really knows what they are talking about and who is just bullshitting.

We are a small but dedicated team working on it and we just finalized our apps and web.

We would really appreciate your feedback on it and help us become even better.

Big thanks in advance from the Altpocket team!

https://altpocket.io

https://altpocket.io/images/startpage/img_right.png

Topic: Skilled trader or bullshitter? 📈 (Read 353 times)