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Topic: Trading by follow signals. Is it good? - page 7. (Read 27496 times)

full member
Activity: 462
Merit: 100
October 09, 2018, 06:24:40 PM
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
Publicly-traded investment groups have no good intentions, which is only a form of market manipulation by large investors. The failure rate for investing in signals is very high, and especially for new entrants to the market, it is easy to be attracted by signals.
copper member
Activity: 308
Merit: 1
October 09, 2018, 04:59:36 PM
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
sr. member
Activity: 896
Merit: 253
October 09, 2018, 12:39:12 PM
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.
sr. member
Activity: 560
Merit: 251
October 09, 2018, 11:46:01 AM
You joined some signal groups with a monthly fee it's not a good idea but already joined, First, watch there signals 1/2 month if 70% signal give profit then invest you're $ in short-term trading.
The second way to learn technical and fundamental analysis rather than joining groups.
sr. member
Activity: 672
Merit: 250
October 09, 2018, 11:03:33 AM
I like the signals groups where you can learn some TA, FA, meet some cool people and talk about everything. If it's just "buy coin X at xxx sats" that's crap, mate. Be careful and do not let yourself be deceived.
Of course, especially now that there are more and more years of fraud in the crypto world like scam coins. so we all have to be careful to buy new coins appearing on the market
full member
Activity: 406
Merit: 100
October 09, 2018, 10:21:45 AM
If you are into trading you should have all the knowledge in doing it. If you only follow the signals from other people you might lose your money. Following signals from others is not a good thing to practice when you are into trading.
jr. member
Activity: 322
Merit: 2
October 09, 2018, 09:28:05 AM
I think you have to understand how signals come, for example some only send signals when prices are below the resistance point, so even if you join a group doing your own research to trade you must be able to read the market it will be good when the market turns red then that is a signal for you to buy it.
newbie
Activity: 21
Merit: 0
October 09, 2018, 08:35:15 AM
It really depends which group you following. If you are a newbie with trading - Yes I can tell that it is worth it.
If you are an expert - you will not looking such groups / Telegram channels.
However, if you decide to join to any Channel, you should always do a research before. why? because there are many channels that not worth the price.
You can read this Article about Crypto signals that will support your research. Here it is:
https://smartoptions.io/telegram-crypto-signals/
legendary
Activity: 3402
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
August 20, 2018, 02:11:42 PM
Don't trust any prediction groups, because you will be scamed. You should make your own decision, no one can be sure 100% how the prices of any Altcoins goes. Be smart and learn how correctly invest your money by yourself. Watch the market fluctuate, read more about cryptocurrency and so on.
Good luck.
copper member
Activity: 210
Merit: 1
August 20, 2018, 02:10:40 PM
Trading by following signal is one of the problems that made a lot of traders to have a huge loss they may not recover.
In every business,one is expected to learn how to trade and at the same time allocate some time for learning the trade,but some out of laziness and ignorance choose not to learn the crypto currency trading.

From experience,the pro traders will buy a coin at the support level and place their buy orders at resistance level
Only to give out signal to inexperienced traders of which at the end of the day those inexperience traders buy at highland sell at low price.

Trading using signal has resulted in loss of fund of which sometimes hackers hijack the Api keys of those inexperience traders and use it to perform some illegal act.

Trading using signal is deadly because if one is trading using big leverage as a result of the signal he received,he might loose 80% of his capital.
Finally ,trading using signal is not good
jr. member
Activity: 262
Merit: 2
August 20, 2018, 01:33:39 PM
Trading by following a signal in my opinion is very good, as well as to read the conditions of the online market, it's something good again for online business.
hero member
Activity: 2730
Merit: 632
August 20, 2018, 01:27:07 PM
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
It is not good to follow trading signals from other people because we can't ensure if the information that they are disseminating is reliable or not. It is better if we follow the techniques and strategies that we learned.
Newbies are having a hard time but need to select reputable signal groups. I also recommend only trusting in your own analysis because when you do not know the risks will be great.
Not just on being too negative but I don't believe that theres such thing on what we called reputable signal groups which I do see them all to be a trash completely. Its better to lose out my money on having my own analysis rather than depending into other peoples signals which most of the time they are faked ones or just really using newbies to buy a certain coin then those people would dump for the sake of profit and leaving out those people behind.
sr. member
Activity: 790
Merit: 251
August 20, 2018, 01:18:57 PM
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
It is not good to follow trading signals from other people because we can't ensure if the information that they are disseminating is reliable or not. It is better if we follow the techniques and strategies that we learned.
Newbies are having a hard time but need to select reputable signal groups. I also recommend only trusting in your own analysis because when you do not know the risks will be great.
sr. member
Activity: 924
Merit: 275
August 20, 2018, 01:15:18 PM
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
Do not believe to the people or group who keep telling you a trading signals. It is not good to listen to what they are saying because the information is not reliable. I only following my trading instincts.
full member
Activity: 540
Merit: 100
August 20, 2018, 01:10:49 PM
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
It is not good to follow trading signals from other people because we can't ensure if the information that they are disseminating is reliable or not. It is better if we follow the techniques and strategies that we learned.
newbie
Activity: 238
Merit: 0
August 20, 2018, 01:00:51 PM
Most of the signal on telegram or group are fake. They buy coins first then spread word on group when they reach there target they sell the money and then tell you to sell.but remember this mostly work when market is on rising trend as people don't know about which coin goes to moon so there is chances of getting more profit. But in downward trend to many people knows that it will going down so they stay away from investing the coin. Thats why too many good project price is not rising now and market is crashing.
full member
Activity: 233
Merit: 100
I think if you use a paid trading signal, it should be considered in advance whether the ratio is profitable or not. if there is a free trading signal is better to use because free of charge. but also do not rely too much on the signal, you also have to learn to analyze it yourself, so you do not always wait for the signal given
full member
Activity: 252
Merit: 101
EMMARES – Email as you know it, will never be the
I like the signals groups where you can learn some TA, FA, meet some cool people and talk about everything. If it's just "buy coin X at xxx sats" that's crap, mate. Be careful and do not let yourself be deceived.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Trading by following signals has pros and cons also. Always counter check the signals with actual prices on trading sites. Sometimes after the signal is send, actual prices is hype already. When the signal is BUY but when you check its higher already, just ignore it its possible that they are selling their coins already or vice versa with the SELL signal. Be  always observant and not rely only on signals.  Its a good basis for reference but not always a reliable one.
hero member
Activity: 1456
Merit: 567
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.
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