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Topic: Your thoughts On the crypto trading simulator? (Read 302 times)

hero member
Activity: 2772
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September 18, 2021, 11:25:41 AM
#48
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.
If you are not sure about what you should do, it is a free thing in most places. It is just a demo, go check one out and do it, if you like it then keep doing it, if you dislike it then do not do it. It is all up to you and how it makes you feel, nobody forces you to do anything you do not want to do. I personally like them, for example the first one I got into was investopedia stock market challenge, it has been nearly 12 years and I am still checking it monthly, I have made a not bad return for a long time, now I am not doing as well as I hoped but the market wasn't that great neither to be honest. Hopefully it would be wise to keep doing it and learning because I can't stop, but you should do whatever makes you feel better.
sr. member
Activity: 2198
Merit: 347
Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.
My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.

If you have doubts toward the site offering free simulator then don't try to deposit any amount to test out with real money since for sure we cannot assure our safety towards the platform we try but also if someone ask a payment regarding on the signal they give to you and claim they are the best coach existing around then never believe on them since you can learn those things by yourself and there are so many free tutorial available around so its no sense paying any single trading couch just to get signals.
You do have your own free will on making out decisions on your own because using up your own common sense would really be enough to consider out on what things are shady and what things are worth to try.
Simulators are good if you do know on what you are doing or just simply good for you to practice on but if the time that these simulators are doing some shady stuff then thats the time you would really be having
doubts.Dont join up with those so-called paid signal groups because most of them are just scams or just really a waste of money for you to follow on.You can make your own trading analysis or decisions
basing up with your own and all resources could really be found online for free.
legendary
Activity: 3542
Merit: 1352
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This is actually a good training ground for those who want to try crypto trading without thinking of the risks associated with it. They can try to make decisions based on what others predictions are, or decisions based on what they think is the best move possible at a given moment before they decide to take it and close it. I know there are some brokers of stocks that do this on their own platform, but haven’t heard much for crypto counterparts. It’s a good sandbox environment to make mistakes and learn from the said mistakes without having to worry about losing money.
hero member
Activity: 2506
Merit: 782
Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.
My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.

If you have doubts toward the site offering free simulator then don't try to deposit any amount to test out with real money since for sure we cannot assure our safety towards the platform we try but also if someone ask a payment regarding on the signal they give to you and claim they are the best coach existing around then never believe on them since you can learn those things by yourself and there are so many free tutorial available around so its no sense paying any single trading couch just to get signals.
member
Activity: 518
Merit: 45
Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.
My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.
hero member
Activity: 1498
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Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.
legendary
Activity: 2380
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?

The truth is that I did not know that such a service existed, but the best thing I can recommend is that if you want to learn much more, you should start trading but in an Exchange preferably that has fictitious money trading, because that way you will understand and You will have access to all the tools of the Exchange and you will be able to apply the strategies, if you lose it does not matter, you are gaining experience and also learn to handle the tools offered by the Exchange very well, which, for many newbies, represents losing money by not knowing how to use it well a Stop Loss, or stop limit.
sr. member
Activity: 1526
Merit: 252
I haven't tried that, well I think trading simulator is good to test your strategy and skill in the market but we're not sure how accurate it is not unless we really do it in the actual trading which is much better since we would really test it in the actual trade. I was curious about the crypto parrot I'll give it a visit.

Maybe just for an overview and some further introduction to trading. no need to make it a serious trade, just as a focus where at any time find the same moment in trading. Slightly effective to apply depending on how precise the mastery you have. Indeed, nothing is 100% as predicted but we can hone our skills so that beginners are more accustomed to interacting with price movements.
full member
Activity: 966
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I haven't tried that, well I think trading simulator is good to test your strategy and skill in the market but we're not sure how accurate it is not unless we really do it in the actual trading which is much better since we would really test it in the actual trade. I was curious about the crypto parrot I'll give it a visit.
member
Activity: 518
Merit: 45
Apart from giving newbies the clue, it also helps guide them to make the right trading decision, as for the risk involved, since trading stimulation is like a trading signal, it does not offer a 100% accurate trading outcome. It can only guide you.
hero member
Activity: 2366
Merit: 605
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
I would always recommend such things to a newbie, because it's going to help them have a clue of what crypto trading is all about. It’s always good to start somewhere and have some experience of what you are going into, that way when you start the real trading insurance seem like a new team to you because you have experienced it using a demo trading platform.

And then when it comes to choosing a platform like this that provides such services, I recommend choosing one that makes use of real time trading charts, that way you will be sure of what you are doing.   And you can as well create strategies that would work for you when you started the real trading.
hero member
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I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.
Most of them does that but I think there are still groups that may give you best signals but keep in mind it will be that pricey. I'd better stick with free and for the better double check it on charts so you know it by yourself if it's worth it to follow or not. It's free and at the same time you're learning.

Just dont rely on others when it comes to trading calls or signals specially there are lots of paid groups existing and people pretending that they are good or professional traders.
Most beginners do tend to stick with this because they can taste that they are profitable but not all signals are perfect or do these groups, it still falls on speculation even with those fancy charts and indicators saying it's either bottom or top.
hero member
Activity: 2548
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Leading Crypto Sports Betting & Casino Platform
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.
Yeah its true specially on the time that you do rely or being dependent on it then it will really just create some more mistakes because you are relying into those signals but talking about
simulator then it is something that you are really just good for practicing your trades or simply like you are doing some demo trades which i can say to be not a bad thing.
Just dont rely on others when it comes to trading calls or signals specially there are lots of paid groups existing and people pretending that they are good or professional traders.
sr. member
Activity: 2744
Merit: 343
when lambo...
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.
hero member
Activity: 2002
Merit: 578
Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
member
Activity: 336
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I don’t believe in stimulators or trading signals. This thing doesn’t work and most of the sites offering such services such as cryptocurrency trading stimulators or trading signals services are mostly scams as no one can accurately tell the direction a trade will go. I will advise you to build the trading skills that will help you profit.
hero member
Activity: 2800
Merit: 603

every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.


And we can't learn more if we are afraid to lose a few dollars. We need to invest in this if we wanted to enhance our knowledge and gains some experience as this was a vital tool in enhancing our trading skills. $100 as the starting capital may not be big enough to lose and we can really familiar the market with that amount because if we are too careful and wise in making a decision, we can't lose that $100 instantly.
Only we need to continue doing research and watch online tutorials rather than relying on worthless signals.
hero member
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This is the first time I will hear about crypto trading simulator so I don't understand how it works but one thing that's certain is that every service provider especially online will always hype their service in other to get more customers/users so I will advise you do it in the old fashion way but if you find too difficult then crypto trading is not for you.
hero member
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is trading simulator mean the demo account?
With the description given by OP, it seems it's not all about the demo account.

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits.

That's all about the possible pump and dump that he's mentioning and just labeled it as a simulator which is totally different from the actual thing of what a simulator does.

every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.
If that's the simulator that he's asking, I agree to you that everyone went through the same start as a beginner and not went to a being experienced and advanced trader immediately but he's about to rely with those 'signals'.
legendary
Activity: 3052
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is trading simulator mean the demo account?
this is just very new actually in crypto that a platform will provide a demo account but in the forex market, every broker will provide you a demo account.

every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.


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