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Topic: Your thoughts On the crypto trading simulator? - page 2. (Read 382 times)

hero member
Activity: 1022
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it won't help you get an answer as to whether the market will be good or bad. The simulator will only give you the knowledge to execute a trade on the market. And remember, successful profit on the simulator will have no effect if you trade on the real market.
I guess as a trader even though market conditions and price directions can affect your profit, a trader is careless as he will find a way to in-between those market conditions to maximize profits with the right stimulator.
legendary
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The use of a trading simulator or demo is a big help for us but have to expect that it was really far different in actual trading.
very different, even when we move to real trading it is not as easy as doing in demo or simulator trading. Some trading platforms that have demo trading have set it up so that we make a deposit as quickly as possible by making trading easier during the demo. Trading in crypto is not as easy as one might think. It takes some basic technical and know about the fundamentals. Psychological strength will also be very influential.
The trading simulator only helps to know how the trading platform works.
hero member
Activity: 2954
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How many times have I not tried with such "signals", the outcome is always the same, I paid, and the result is zero! it is better to trade for the same money, and learn yourself with the help of trials and errors,it will not be so offensive at least.Most of all, this is a deception, where they want to earn money, thanks to you.
That really be the ending story of having signals on you. They are not helping anyway as they don't know also what will happen next. The best thing to do is to make it learn by ourselves and stop relying on these groups, much better to have a friend to work with you rather than having any paid group pretending they know the market so well as they are not for sure.
The use of a trading simulator or demo is a big help for us but have to expect that it was really far different in actual trading.
sr. member
Activity: 1400
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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 am not sure about how they operate but using it is no different than using any other different demo accounts on trading platforms, and on top of that some of them don't have accurate prices or rates, and they manipulate these simulation by making you win fake money to encourage you to use their platform and as soon as you do it with your own money its a whole different story, i am not saying to not use it but try to compare it with other platforms and other rates in order to determine if they are good or not.
hero member
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Well, there must be some places providing good services. I have never paid money for any signal or simulating trading but I was in a group of free signal and they do provide good trades (however, it is for Forex only). Anyhow, crypto parrot seems quite legit to me. They have a lot of good contents and easy-looking website.

Honestly, I still want people learn to trade by themselves because you are the one who know how to deal with your money
member
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How many times have I not tried with such "signals", the outcome is always the same, I paid, and the result is zero! it is better to trade for the same money, and learn yourself with the help of trials and errors,it will not be so offensive at least.Most of all, this is a deception, where they want to earn money, thanks to you.
hero member
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Hold up. are you sure you were on the right website? (https://cryptoparrot.com/) cause I don't see them claiming they guarantee profits.
hero member
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It is surely a deceit to say a trading add or simulator will guarantee 100% profit, this is not possible because no man or woman knows tomorrow, and trading is more like a forecast into the future of occurrence. Whatever the advice we give, some will still fall for such and mostly newbies. As a newbie, I never used such as I understand profit in life don't come easy and no trading strategy is perfect to give you hundred percent gain.
I agree with you on this, it's a deceit trading signal that is almost impossible because no trading analyst has an accurate idea of the direction a trade will go.
sr. member
Activity: 2436
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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'm not familiar with that services but honestly, the trading simulator is a good help for a newbie for practice. However, you should be aware also that real trading has a big difference in this. What I could recommend to you is to try in real trading, don't just rely on the simulator but rather to find another source of information like site demo, videos, or any online source. And much better if there is someone to mentor you like your friend, (not trading signals).
legendary
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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?

Since this simulator's purpose is to enhance trading skills and development, then it's not wrong if you will test it. After all, there's no risk of losing money here. Somehow, you will feel the actual experience of doing trades.

Of course, as long as the service is free, then it's good to try but for a paid one, don't spend money on it as you have thousands of references on the web on how to make yourself good in trading. But take note, don't rely on it in the long run. Trust instead your trading skills and slowly build it.
hero member
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I have never tried any of the same.

What I'm thinking is about those simulators that teaches you how to trade. Like a game that you can trade cryptocurrencies and trade with play money.

But if the case is about signals and making you enhance as they're offering that service, I don't think that it's going to be effective. There are those trading simulators that you can use for free and it's not about signals but about trading with play money/crypto.
legendary
Activity: 3094
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It is surely a deceit to say a trading add or simulator will guarantee 100% profit, this is not possible because no man or woman knows tomorrow and trading is more like a forecast into the future of occurrence. Whatever the advise we give, some will still fall for such and mostly newbies. As a newbie, I never used such as I understand profit in life don't come easy and no trading strategy is perfect to give you hundred percent gain.
Come to think that we cant even predict precisely 100% on whats the weather tomorrow which does really talks about things that wont really be predictable on the first place specially on this very unpredictable market.
Simulators are just really good for some backtesting or something like that and to those people who do offer and tell or proclaim that they are doing good then its just a lie.They wont really be making themselves
offered or trying to get some subs if they are making profits on the first place and you should be careful into those signals even if its free then its always worth if you do just stick into your own analysis
or trading style.
legendary
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I have been in the investopedia stock market challenge for the past 10+ years and I can tell you that there is a good side and a bad side. There are people who bought stocks like amazon, tesla or whatever I do not know but stocks that went up insanely high in the past 10+ years and they made insane returns from that and become the best and ranked high, but the only reason for that is the fact that they are people who did it and left, doesn't say they are the best traders, just says they made one good choice back in the day and logged off and never came back.

Now that still shows you that if you pick the right thing to buy and leave it there for 10 years then there is a good chance you will be super rich, same as bitcoin because if you bought bitcoin 10 years ago and left it there for 10 years you would be super wealthy today, but it still doesn't help with trading experience problem.
hero member
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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?

No service can "guarantee" you profits from trading,even if it's a service that can help you enhance your trading skills.Even the best traders are losing money.Can you provide a link to this crypto parrot service?
I'm sick of advertisements about trading bots that "guarantee" you profits on autopilot.This is ridiculous.
I'm never heard anything about the term 'crypto parrot'.I know that many FOREX trading platform offer Demo accounts,where you can trade without depositing real money.This is a great way to gain experience that enhance your trading skills.I don't know if whether or not this "crypto parrot" is the same as a Demo trading account.
sr. member
Activity: 2366
Merit: 332
It is surely a deceit to say a trading add or simulator will guarantee 100% profit, this is not possible because no man or woman knows tomorrow and trading is more like a forecast into the future of occurrence. Whatever the advise we give, some will still fall for such and mostly newbies. As a newbie, I never used such as I understand profit in life don't come easy and no trading strategy is perfect to give you hundred percent gain.
sr. member
Activity: 2016
Merit: 283
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 think you're referring to a site that offers free trading demo account, actually i don't have any experience on that crypto parrot site but you know its a big help as well to enhance new traders skill wherein like those trusted exchanges nowadays that offer the same features.. I hope these kind of site will be visible in the internet so that everyone can practice before entering the field of trading because to be honest trading isn't an easy way where you can obtain profits wherein it requires skills and knowledge. So it's good if every new traders will be aware in such site or exchanges.

sr. member
Activity: 2002
Merit: 250
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.
Nothing should ever guarantee that it could develop one's trading skills to the point where there's guaranteed profit. That's just bull. If it were that easy to profit from trading, then everyone who traded would've been rich already. Trading simulators are quite usual, they aren't really anything that odd, trading simulators that say that they can guarantee profit are the odd ones out though. It should be fine to use them imo, just don't trust 100% what you learn, since in the end, what you are doing is just simply a simulator, and not irl market.
True, don't believe too much in simulator trading because it doesn't reflect when we jump directly into trading in the market,
I think trading the simulator is like a game so don't expect too much to make a profit
hero member
Activity: 2702
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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.
Nothing should ever guarantee that it could develop one's trading skills to the point where there's guaranteed profit. That's just bull. If it were that easy to profit from trading, then everyone who traded would've been rich already. Trading simulators are quite usual, they aren't really anything that odd, trading simulators that say that they can guarantee profit are the odd ones out though. It should be fine to use them imo, just don't trust 100% what you learn, since in the end, what you are doing is just simply a simulator, and not irl market.
legendary
Activity: 1918
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Any activity, however simple it may be, requires some prior knowledge, if you had that prior knowledge, you would understand that in the case of cryptocurrency trading it is not necessary to put into practice your basic theoretical knowledge achieved using a simulator.

So with that said, you will understand that it is not necessary to use a simulator to get into trading, but if you think yes, blah blah, at least not when you start, a simulator in any case is to get the most out of advanced trading ideas and projections based on your experience.

But even so, any exchange serve to start and avoid simulators that seek to create the concept of paternalism, that of believing that they are taking care of you, but they want your money. And with that slogan even more.
sr. member
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September 05, 2021, 12:53:58 AM
#9
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?
Trading via a stimulation is just for practicing and to keep a newbie trader in a proper shape before embarking on real trading, however dealing with emotions and fears is a battle that a trader has to overcome in live trading so as to able to earn profits consistently, unlike trading with a stimulator where all these factors is not put into consideration, however I think it's better to trade live with a small fund i.e money the trader can afford to lose, just to have a feeling of real trading and correct whatever mistakes encountered and ways of preventing them.
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