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Topic: Trading by follow signals. Is it good? - page 6. (Read 27496 times)

legendary
Activity: 1834
Merit: 1036
October 19, 2018, 01:35:42 AM
You will be surprised to know that some trading signal group are run by the same set of people, they just use different name to make it look like a different group. You will also notice that other groups also promote other groups where investors can join, that part I cant understand why promote another signal group when you can have all new investors by themselves.

This groups are out there not to make someone rich. The only people who will benefit on this kind of groups are the owners themselves even if its a non-paid group because before they make an announcement, they already bought a coin to anticipate the sudden surge of price.
hero member
Activity: 1190
Merit: 500
October 19, 2018, 01:31:50 AM
Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

Following a trade signal is not that bad if you know what you are doing and if you really don't want to learn anything from trading.
In my opinion it is not good because signals sometimes can be wrong. You should do your own analysis of the market and make your decision according to your analysis. In these days there are no green signals and if somebody told you that the market is green as I heard many times before, will you believe them? Following wrong signals means losing your money
Agree, signals from other sources are not necessarily true, and we cannot believe 100% with that because many of them do not provide proof of their calculations, they just say that this coin will rise soon and pump, just like that. I think you should avoid that, I've been fooled by tips and signals from som twitter account,just  use your own analysis..
hero member
Activity: 797
Merit: 500
BBOD fast, non-custodial & transparent Exchange
October 18, 2018, 07:46:59 PM
actually if trading following the signal is not too good for us, I used to follow a number of signals and finally those who benefited were them. we better learn for ourselves the techniques and strategies in trading.
full member
Activity: 225
Merit: 100
October 18, 2018, 09:46:50 AM
Actually, you should not join any signal group. I see the nature of the newsgroups. They report relatively well on very small volume alcohols. That is quite understandable because just pumping a small amount of money can fool new players into the market that the signal they give is true. The larger the group, the more clear and planned the pumping process will be. That is not good for you to learn. You only invest as a puppet and lose market judgment, analytical skills, and startup skills. That really is useless. The initial profit may be higher than other newbie but the result will make you pay expensive!

But this is just my opinion anyway. Wish you luck with your decisions and achieve more success in life Cheesy
hero member
Activity: 1148
Merit: 527
October 18, 2018, 08:01:17 AM
No signal alone can predict the market. You need to merge human intelligence with A.I and signals.
Of course the human intellect is prerequisite to predict and decide about the market however there are speculations (results drawn from the computation of market data and intellect) backed by the signals and speculations not backed by signals.

In many cases, people are unable to understand and differentiate between the two. Though their concepts about an issue are most of the time right but the absence of market signals lead them astray. So yes one must trade only by following the market signals and drawing results from it using mind.
member
Activity: 350
Merit: 11
October 17, 2018, 12:54:18 PM
I guess you don't need to join the member, it's too much. You can learn and obtain both knowledge and experience by reading. It takes time, but really worth to do. If you want to start, take a small amount and see what happen. If you get your learning from that, that will be good. Experience tell you more than theory. When you do, and the result is good, keep patient and be ready for every consequences.
hero member
Activity: 1624
Merit: 624
October 17, 2018, 12:31:27 PM
I think this kind of signal, picks and pump groups don't work much. I usually think that such applications and services are provided by large investors and used to create manipulations in the market. We can see that these applications or channels, which have a wide audience, usually have small price increases after sharing. For this reason, some channels have found themselves successful, and taking advantage of this advantage do not want to pass without specifying that they do. In short, no investment should be made by relying on such channels and practices. In particular, all available capital should not be donated by using such recommendations.
sr. member
Activity: 532
Merit: 250
October 17, 2018, 10:15:07 AM
Alot of paid trading signal and free one and i was follow them in some trade, but iam not lucky cause every signal that they given and i followed mostly wrong prediction, so from that i decide to trade by my own analysis. We should analysis the price action of crypto by self so later we will become expert.

signals from other people are only supporting tools, we cannot analyze all the coins with all their developments, at least they give signals from certain coins that we did not analyze and finally made our minds go there. the signal is not executed too raw because it eventually returns to us as the final decision maker.
and if we following signals from other people, we could not improve our own knowledge, and when we open transaction we should have wait advice from other.this is not good for us.
newbie
Activity: 76
Merit: 0
October 17, 2018, 07:27:44 AM
Was bad experience following signals, I learnt that more than 70% of those signals go wrong. It is better for one to learn his or her own strategy and follow it. It is always the best. Many of those signal givers don't follow it, Infact they are not real traders
There is no need for any signals. You can create your own signals for the ups and downs of the market. Daily observation will make you able to take your decision according to the market trend and the upcoming situation if the near future. You should be aware of the market anytime and focus on the market current situation. I twill help you taking good decisions.
jr. member
Activity: 33
Merit: 1
October 16, 2018, 06:30:53 AM
No signal alone can predict the market. You need to merge human intelligence with A.I and signals.
full member
Activity: 616
Merit: 100
October 16, 2018, 06:27:31 AM
Alot of paid trading signal and free one and i was follow them in some trade, but iam not lucky cause every signal that they given and i followed mostly wrong prediction, so from that i decide to trade by my own analysis. We should analysis the price action of crypto by self so later we will become expert.

signals from other people are only supporting tools, we cannot analyze all the coins with all their developments, at least they give signals from certain coins that we did not analyze and finally made our minds go there. the signal is not executed too raw because it eventually returns to us as the final decision maker.
full member
Activity: 644
Merit: 101
October 16, 2018, 06:04:22 AM
Alot of paid trading signal and free one and i was follow them in some trade, but iam not lucky cause every signal that they given and i followed mostly wrong prediction, so from that i decide to trade by my own analysis. We should analysis the price action of crypto by self so later we will become expert.
jr. member
Activity: 252
Merit: 1
October 16, 2018, 05:45:00 AM
Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

all this group are just bait and scam. no one can predict the market. not 100%. you can learn how to trade and TA. but not pay to follow some so called expert. i advice is not to join.
jr. member
Activity: 82
Merit: 1
October 16, 2018, 03:24:08 AM
Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

Following a trade signal is not that bad if you know what you are doing and if you really don't want to learn anything from trading.
In my opinion it is not good because signals sometimes can be wrong. You should do your own analysis of the market and make your decision according to your analysis. In these days there are no green signals and if somebody told you that the market is green as I heard many times before, will you believe them? Following wrong signals means losing your money
MRY
full member
Activity: 546
Merit: 103
October 11, 2018, 09:45:06 AM
I think, to trade then we also have to see the movement in the market and the signal from the coin whether it will have a good and profitable movement or not because without paying attention to all of that we will only be able to speculate and have a big risk
full member
Activity: 551
Merit: 100
October 11, 2018, 07:31:03 AM
I also started trading signals, there is nothing wrong with that. Just check them first, don't put most of your money in. Look at how they work.
full member
Activity: 1134
Merit: 103
October 10, 2018, 12:56:40 AM
I do follow signals BUT, I don't rely on their signals, I just use it as a reference. Example is one group announced that they a certain XXXX coin is going to be pumped at a certain price, so members of that group will start buying and they wait for the price to reach a certain price, then they all start to dump. Those who received or read the announcement will buy the coin at higher price. It's nothing but pure price manipulation even if the project is not even good to begin with.
I agree with you.
After all, we should learn when to get in and when to get out in trading, signal should just be an information where you can see some other perspectives and make you to make a better decision.
you right, make it as another perspective or your reference in choosing a coin and analysis, don't follow 100% what they say
because we don't know the true purpose of themself, so do your own research and make signals as references

Yes, you are right we shouldn't follow them dumbly in the market because market fluctuation is completely common. So we have to do our own research instead of following their signals, they will choose only their desired coins in order to make a profit who started giving signals.
newbie
Activity: 1
Merit: 0
October 10, 2018, 12:46:12 AM
Thanks everyone for your advice, since I want to trade but I have no idea how to start, which coin, how to analyse. That why I follow those paid channel, if not, i really concern what to do next  Roll Eyes
full member
Activity: 504
Merit: 105
October 09, 2018, 09:27:04 PM
Make your own signals don't follow them because all of them are trying to scam you and i proving to you because iam one of the victim and i regret joining that signals and pumps group i loss a $500 USD on that.
sr. member
Activity: 1162
Merit: 251
October 09, 2018, 08:23:43 PM
I do follow signals BUT, I don't rely on their signals, I just use it as a reference. Example is one group announced that they a certain XXXX coin is going to be pumped at a certain price, so members of that group will start buying and they wait for the price to reach a certain price, then they all start to dump. Those who received or read the announcement will buy the coin at higher price. It's nothing but pure price manipulation even if the project is not even good to begin with.
I agree with you.
After all, we should learn when to get in and when to get out in trading, signal should just be an information where you can see some other perspectives and make you to make a better decision.
you right, make it as another perspective or your reference in choosing a coin and analysis, don't follow 100% what they say
because we don't know the true purpose of themself, so do your own research and make signals as references
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