Bitcoin Forum

Hello,

I am an active crypto trader and recently I stumbled across TradingRoom. (www.tradingroom.io (http://www.tradingroom.io))
I would like to know if any one here has used this tool and how apt were the predictions based on the data it provided.

I just heard the news about the new Trading Room (www.tradingroom.io) now. I have never heard of this before.
after I saw it directly it seemed like it was very interesting and I would immediately try it.
thanks for the information.

Good for reference.

Didn't explore much the site but as long as no money involved like a deposit, purchased or something along those lines, then you can freely used it.

As for how useful those tools you saw on the site, well you can answer that as you are an active crypto trader as you mentioned.

Whatever you are doing there, you just be careful until you have studied them and build trust with the site. If you need to send coin or money equivalent, you just don't throw all into it and gradually you will know them better. I have not used that site before.

I haven't but i will do a good research on it as time goes by, but if you get to understand tradingveiw very well I will also recommend that platform where you get to meet up professional in the crypto market you are good with analysis.

It's the first time I've heard about tradingroom because honestly, it's hard to trust sites these days especially now that phishing and scamming is everywhere. However, things will still be safe as long as that site is helping you and is not requiring you to submit any of your private information.

This is my first time seeing this site,the interface looks familiar to me tho.But if youre looking for trading analysis from pros theres alot of better site to work with,like tradingview.Tradingroom seem pretty new and not much numbers in their community,go for better sites maybe?

Looks like a competitor to TradingView. The latter is very good, loved to use it back in my old ;) trading days.
I would just give it a try, their predictions are based on TA so its unlikely that they try to scam you or use you for a pump and dump scheme. Just be careful to trade coins with a high market cap and you will be fine

Why not use eToro copy trade if you just want to follow the trades of a 'pro'?

They've some nice educational guide like webinar (https://www.blog.tradingroom.io/webinar/). The trading tools are the same as any other site. Sadly it only supports Binance as far as I'm aware. Definitely not on the same level as their competitors yet.

Like all the others have posted this is also my first time hearing the site.
It looks good actually just another site that is about monitoring the price of crypto's just like coinmarketcap.
So I think there is nothing wrong with it I haven't explore it but I would really be cautious on downloading something from a new site.

I have never participated in a trading room. I only discussed with several work partners and one of them was a reliable trader / prediction. Despite how great they are, predictions sometimes miss and are not right. So we remain vigilant.

I usually do not appreciate bots and tools. because it is a machine and it has been programmed. In the field of investment, I think that we should let our brains be more flexible to be able to respond to many market signals.
In today's 3 days, the market is tending to be impacted by whales the tools will not help us in these cases.

You don't necessarily need to use the tool in trading, but you can benefit from it by checking at their trading guides for some techniques. Learn how trading tools are evaluating the market. Trading for newbies, this might help but it's better to learn from experiences, in which skills are developed through losses and gains.

Never heard before about TradingRoom. But that is quite interesting, Maybe I will see it now and start researching, hopefully it can provide wider knowledge and benefits.

I haven't heard about it before but I'm actually familiar on how it works. I find it interesting and it will be an advantage if they will provide great information about trading and investing. There's nothing wrong on exploring things like this as long as it will help us grow as traders.

I don't think it is a competitor to Tradingview. It seems like prediction of Bullish/Bearish movement based on the different timeframes of a chart. But again, the whole concept is still quite research extensive and I would again like to know if someone here has actually used it and can share the success story.

Can you please shed some light ?

I have never seen it. Now, when I followed the link, I understand that the resource is worth paying attention to. Actually, I use Coinmarket Cap to understand which of the financial operations can be profitable.

Same like me, to get the latest price information and other information, I visited coinmarketcap. For tradingroom.io it seems interesting, I want someone to give a tutorial to use the features in it.

Looks like a good Tradeview alternative. If they don't require people to deposit bitcoin or other cryptocurrencies then I will give it a try. Social/copy trading would be another good features on the website if not available.

This is about three days now that you opened this thread and I will like to find out if you have find about how good this tradingroom is and if you were able to make some profits through them. I have come across so many trading room when I was trading forex and one thing that I have findout is that you still need to retained your personal strategy in other to succeed.

This is my first time on hearing out this platform yet ive been using tradingview and bitcoinwisdom when it comes to market price and making some trading technical analysis.

I did not even know that there are such trading floors. I do not know how it can be useful or profitable. It would be interesting to know your experience of using this tool.

I did not explore the site yet, I just opened and look around. Looks like a snap shot of whats happening in Binance without logging in to your Binance account. I can only see Binance in the drop down box. I hope they can add more exchanges like Bittrex and other known exchangers so we don't need to log in to our accounts.

Right. I have never experienced that trading room so far.Maybe you can try checking that one if its legit or not.As long as it won't asks you for a fee,then it would be fine.Just always make a research first before making such a move.It's better to think our safety first than end up losing again.

Nah, never heard of this so called tradingroom website.


Since majority replied that they are not familiar with it, I guess no one can answer you that this point. So it's better if you would be the one to initially explore that site and report back to the community about the pros and cons of this apps.

Hello I have explored the site for a week now. I saw the charts of Price-action and found that it gives good first glance at the overall market. This website fetches the data from Binance and presents the data in a duration based chart (1Minute to 1 Day) and the colour coding would give you an idea how bullish trends/Bearish trends for a coin can be. Now, I do not need to look at the chart of every coinpair I am interested in and I can initially filter them based on the Bullish/Bearish divergence they are showing. THIS IS NOT AN ALTERNATIVE TO TECHNICAL ANALYSIS.

It acts as a preliminary to the initial filtering when I look at all coinpairs on Binance.

I would say the success ratio to be around 70%.

P.S. Give me merit if you like my answer, haha  ;D

Bumping this thread because I still haven't received any satisfactory response.

Bump again