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Economy => Trading Discussion => Topic started by: Mudara on April 02, 2023, 12:15:05 PM



Title: Trading Signals vs Own Analysis
Post by: Mudara on April 02, 2023, 12:15:05 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Title: Re: Trading Signals vs Own Analysis
Post by: palle11 on April 02, 2023, 01:38:31 PM
You can be able to have the kind of understanding you have now if you have tasted different groups to see that there is nothing different from your personal effort because you pay fees to them yet you lose and you win. Nothing is 100% in joining group to trade. If you have a little idea about trading then you can build on it and gradually you have a better progress in your trade by studying and mastering your indicators and chart.


Title: Re: Trading Signals vs Own Analysis
Post by: naikturun on April 02, 2023, 01:49:32 PM
I don't really depend on signals from people, I always analyze myself even though sometimes I lose and profit, but seeing the trading group's signals when we have a bad day is also not a problem because it can help us.


Title: Re: Trading Signals vs Own Analysis
Post by: Oceat on April 02, 2023, 02:25:51 PM
Why waste your time on people's analysis when you can do it on your own. Don't depends on others analysis they might be using you for their own benefit and just like what you said they can't generate signals with 100% accuracy. Did it ever cross your mind that what if that one person giving signal was also receiving signal from the other?

Learning is free in the process and you won't be spending too much money except of your time reading and learning while applying it. It might not be profitable at the start but if you can manage to master a strategy where you can make profit then that's the start, the results of your learning.


Title: Re: Trading Signals vs Own Analysis
Post by: Xinarae* on April 02, 2023, 02:27:55 PM
I think Own-analysis is the best thing to do when trading, because doing Own-analysis allows you to learn from mistakes and correct them later, which will increase your experience even more. Extra benefit when you study yourself, you will take much less time to take each decision, and you will be able to manage the risk and other factors in the trade management.


Title: Re: Trading Signals vs Own Analysis
Post by: joniboini on April 02, 2023, 02:35:03 PM
I think enough has been said about trading signal groups. Most of the time they're just a pump & dump group where the owner will buy some coins, put the call on the group and then dump on newbies like you. If you can't make an analysis on your own, using a bot to analyze the market is better compared to following trades. At the end of the day though, bot or something similar is just a tool. If you don't know what they're doing and what indicators they're using, you won't get anything.

Try to check out demo trading that is available on some platforms if you want to get familiar with some trading tools/indicators. You don't have to spend money when you trade there. After you're familiar with some of them, spend some time trading on an exchange or P2P market, if that is available to you. Trading needs discipline, you can't buy them with money, unfortunately.


Title: Re: Trading Signals vs Own Analysis
Post by: dimonstration on April 02, 2023, 02:43:56 PM
1. No one can generate signals with a 100% accuracy.

Correct, Trading is based on understanding the current market condition and outwitting other traders to get profit because all the profit comes from the other trader pocket. There’s no way to win 100% if you are battling to other people that doing same strategy as yours.

2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

Correct again, As already point out on your point one. There’s no traders with 100% accuracy. Picking random signal from different traders will just exposed you to a more potential risk if you are unlucky on picking the losing trade.

Ypu will not availing this kind of service if you can trade on your own so better stick on one trading signal with a better accuracy.


Title: Re: Trading Signals vs Own Analysis
Post by: ashmodeus on April 02, 2023, 04:51:24 PM
of course even the paid group also can be inaccurate, that why i just pay only for 1 month,and try do some own analysis , the difference is when u do it by ur own analysis, u become more emotion when u lose,and sometimes revenge trading cant be avoided. as my experince when i on paid group, i cant even thinking about the price i take in, i just seems have only trust to them, so what when i lose after they giving signal, i just pm'ed them about what happened ;D , well so far, one month on expensive paid group they give me only 78% up , idk if that good or not, since most of paid group showing of PNL hundreds percent of profit.


Title: Re: Trading Signals vs Own Analysis
Post by: asyezuner on April 02, 2023, 05:15:16 PM
In my opinion there is noted that all signals are not accurate because no one can say about market condition if we follow up some own research
We study about technical charts
We research about when we can open and when close the trade
And also learn about Wich time is best for trading


Title: Re: Trading Signals vs Own Analysis
Post by: Jody.Drummer on April 02, 2023, 06:26:13 PM
That's the thing to do, we only trade when we find the right graph in the market. If we trade all the time, it feels like we are pushing even though we are not in a good situation in the market for us to enter. If we follow the trading signals that many now provide, sometimes they give signals in a very short time. I was wondering how do they analyze it so they can quickly give a signal? Are they that good at analyzing? because from what I've experienced, determining when we should enter is very difficult, it must be with really a lot of knowledge.


Title: Re: Trading Signals vs Own Analysis
Post by: adaseb on April 03, 2023, 03:54:07 AM
Those trading signal groups are all scams.
If they actually paid off why would they be selling memberships when they could just trade themselves?

There are some which are even worse. They have a very low or free membership fee. And they promote low cap coins which they usually buy beforehand and then they pump it and exit when their readers buy that token. They are basically used as exit liquidity.



Title: Re: Trading Signals vs Own Analysis
Post by: MoonOfLife on April 03, 2023, 04:08:38 AM
Trading signals are scams, nothing more, nothing less. If they are good at analysis and can win the market easily, they don't need to sell signals and just focus on trading they will make a lot of money.

For me, don't trust anyone in this market but yourself, maybe we won't be equal to them, but at least we make money by our own ability, not giving our money to others to use.


Title: Re: Trading Signals vs Own Analysis
Post by: |MINER| on April 03, 2023, 05:52:18 AM
In my personal opinion I think that it will be never a wise decision to always rely on others trading signals.
If a trader continuously doing this, then he will not be able to become a genuine or professional trader. Moreover, all the trading paid platforms I have seen so far, even after giving the signal, they have written that invest in your own risk. In that case, the risk will still be yours, but as a newbie, you can use some genuine platforms for trading Still I would say learning to analyze the signal yourself is the best option.


Title: Re: Trading Signals vs Own Analysis
Post by: omgitsmehehe on April 04, 2023, 12:51:17 PM
Trading signals are scams, nothing more, nothing less. If they are good at analysis and can win the market easily, they don't need to sell signals and just focus on trading they will make a lot of money.

For me, don't trust anyone in this market but yourself, maybe we won't be equal to them, but at least we make money by our own ability, not giving our money to others to use.
Trading signals are mostly scams but not all, the ones selling them only makes their profits from the stipends you pay for or subscribe to. It's none and void, I don't follow signals, I create my own signals with the market charts either from technical or Fundamental analysis, but I based fully on technical analysis. Trading signals are mostly hinted for newbies in the market because they understand nothing and trading for the first time triggered fear especially when the trade is not going according to plans. We should be able to analyze the market by ourselves rather than depends on false signals that's totally wrong with the market, giving more room to losses. 


Title: Re: Trading Signals vs Own Analysis
Post by: Mudara on April 04, 2023, 01:02:06 PM
Those trading signal groups are all scams.
If they actually paid off why would they be selling memberships when they could just trade themselves?


I suppose they do not want to risk their own money. Although there is a risk associates with trading, there is no risk when publishing a signal on a group. 😁


Title: Re: Trading Signals vs Own Analysis
Post by: Pandu Geddon on April 04, 2023, 04:10:07 PM
Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

and now you can do your analysis? it will be good for your trading. I also follow trading signal channels and even my friends follow paid channels. I don't recommend it, to follow like what I do. even after the signal is distributed, we also have to check and try our analysis. not all signals will be accurate. hope you understand it. trading also not all of them will be profitable. we have to organize our thinking not to stress in the trades we do.


Title: Re: Trading Signals vs Own Analysis
Post by: touseefahmad1999 on April 04, 2023, 04:20:43 PM
You raise some valid points. It's important to understand that no signal or strategy can guarantee 100% accuracy, and traders need to be prepared for losses as well as wins.

Joining multiple signal groups can be helpful, but it's also important to do your own research and analysis before entering trades. It's a good idea to have a solid understanding of technical analysis and market trends so that you can make informed decisions.

Additionally, as you mentioned, it's important to take all the signals into account and not just the ones that fit a specific pattern or strategy. This can help to improve overall profitability and reduce losses.

Ultimately, every trader will have their own approach and strategies that work best for them. It's important to constantly learn and adapt to the market conditions, and to have a solid risk management plan in place


Title: Re: Trading Signals vs Own Analysis
Post by: alik111 on April 04, 2023, 04:33:11 PM
Own analysis is much appreciated than following trading signals. We should analysis to find out a good buy range or sell range so that we may have a decent profit. Following technical analysis from experts are also a good idea as we know deep analysis gives good result in crypto trading.


Title: Re: Trading Signals vs Own Analysis
Post by: Sterbens on April 04, 2023, 04:43:59 PM
Trading signals are mostly scams but not all, the ones selling them only makes their profits from the stipends you pay for or subscribe to. It's none and void, I don't follow signals, I create my own signals with the market charts either from technical or Fundamental analysis, but I based fully on technical analysis. Trading signals are mostly hinted for newbies in the market because they understand nothing and trading for the first time triggered fear especially when the trade is not going according to plans. We should be able to analyze the market by ourselves rather than depends on false signals that's totally wrong with the market, giving more room to losses. 
To be honest, I have joined several signal groups, after several months of following the group's signals it turns out that my loss level has increased, after I reset, it turns out that most groups only seek profit from members, and cannot contribute to their members. In addition, now I realize that everyone's trading style is different, everyone has different technical and fundamental analysis.

So now I prefer to practice my own strategy rather than relying on other people, because this has proven to be more effective even though I experienced a loss, but at least this can be a learning material not to repeat it and be a little more advanced. Create your own strategy.


Title: Re: Trading Signals vs Own Analysis
Post by: bittraffic on April 04, 2023, 04:52:01 PM

If you can trust your trading system and what the charts are telling you why not just trade on your own of course, you need not get out of the signal groups you joined. Maybe just use it to confirm whether your analysis of the market is correct. That's the perk.

Analyzing charts on your own is fun to do and will make you learn on your own. You lose some coins yet it's a win-win still becuase you learn. You wouldn't have to worry about the winning percentage as long as you gain experience.


Title: Re: Trading Signals vs Own Analysis
Post by: ethereumhunter on April 04, 2023, 08:10:01 PM
1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.
Indeed, no one can generate signals precisely and we must realize that by trying to analyze it ourselves. Maybe we can take signals from other people for us to analyze again so that we can find more useful information for us. The signal will only be useful for the person who analyzes the signal while other people will not know how the signal can provide an opportunity for them to make a profit. Maybe the signal can be useful for other people but that won't guarantee that the signal will be useful for us. That's why we must be able to learn to analyze ourselves to determine the position of entering and leaving the market.


Title: Re: Trading Signals vs Own Analysis
Post by: ScamViruS on April 04, 2023, 08:43:22 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

Trading signal groups often provide random signals, so they base their success rate on the number of successful trades among those random signals. By doing this, those who join such trading groups can never make regular profits, because it will not be possible to trade in all coins by following those signals, for this, big funds will be needed. So it is not possible to become a successful trader by joining a trading group, rather you should rely on your own analysis and develop trading skills.


Title: Re: Trading Signals vs Own Analysis
Post by: lalabotax on April 04, 2023, 09:54:45 PM
I ma not that good in analyzing the market. That is why sometimes I am using trading signals from several groups to help me. But, I ever used them for 100% tarding activities. How is combining both of them? Own analysis and also trading signa.because msotly, I am not really sure with my own analysis, ahha


Title: Re: Trading Signals vs Own Analysis
Post by: South Park on April 04, 2023, 11:06:31 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Do not rely on signals for your financial future, there is a reason why the money manager profession is a thing, and that is because the circumstances and goals of each person are different, you cannot possibly believe that a bunch of simple instructions like signals are enough to help you, stop wasting your time and instead dedicate your time to learn how to trade on your own as it is the only realistic option you have of making money on the markets while you trade them.


Title: Re: Trading Signals vs Own Analysis
Post by: Franctoshi on April 04, 2023, 11:27:26 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.
and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Even with you trading yourself, you also cannot guarantee yourself a 100% wining rate. I'v joined a signal group that their wining rate is good, about 80%-90%. However it just depends on you which one suits you, Whether if you have time to trade or not, if you don't have time joining a profitable signals group seems to be best option here, but believing your own trading strategy is simply the best, if you have become a profitable trader than relying on copying other people's trade, and where the disadvantage is that you are dependent on the signal to trade, whereas not so when you make your own analysis and trade yourself.


Title: Re: Trading Signals vs Own Analysis
Post by: shinratensei_ on April 04, 2023, 11:42:41 PM
generally trading signal worth it if you have no idea how to make some analysis in regard of the coin you going to invest in, so it's definitely better than if you've got no clue and still jump in anyway.
it's even better if the trading signal is of high quality meaning it got some real information in regard of the events a project gonna held so it got better rate of being accurate, i'd say if you can do your own analysis and seeing from your history of analysis that it shows you've got quite good rate of accuracy meaning you scored profit quite often then your own analysis is definitely the way, otherwise if it shown that your history of investment based from your own analysis showing that you always incur losses then I guess settles for the other option.


Title: Re: Trading Signals vs Own Analysis
Post by: bettercrypto on April 05, 2023, 12:03:34 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Such styles that join signal groups in trading are for me a nonsense. I've even seen influencers on youtube who make content like this to show that signal groups are real.

     I'm not satisfied with such things actually, you can't learn from that if you enter a trading. It's like what used to be like a child who was fed food and when his mouth was empty he would be fed again. If we are already able to tempt ourselves, why should we let them tempt us, that's called laziness.

That's why our own experience is still good for us to do so that we can learn and feel our own effort to earn in a traditional activity.


Title: Re: Trading Signals vs Own Analysis
Post by: Obari on April 05, 2023, 01:46:37 AM
Most times you shouldn't focus more on the negative and there isn't any chances that you will have to pick the loss ends signals from a trading signal group, you would have also thought of a situation where you would be in the trade at 1,2, 5 and even 6  and may you in one way or the other skipped being part of the two losses on 3 and 4.

I prefer to have my own trade done by myself and I also take out more time to study the chart and find any slightest spot for me to hup on trade  and I prefer doing things by myself so as not to blame anyone when the losses come.


Title: Re: Trading Signals vs Own Analysis
Post by: GreatArkansas on April 05, 2023, 01:59:42 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.
(....)
For traders, both their own analysis and trading signals can be helpful tools. Your unique situation and trading style will determine the best course of action.
I experienced this also, where before I do enter a trade that came from a trading signal, I am verifying it first and try to analyze it first as my second opinion.
While some traders may prefer to conduct their own analysis exclusively, others may prefer to use trading signals as a starting point.


Title: Re: Trading Signals vs Own Analysis
Post by: TheGreatPython on April 05, 2023, 06:15:22 AM
we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.
Following the signals of people from signal groups is never a good practice, and it can cause you badly if you are not careful and not doing any analysis of your own before taking any positions. Even if you join a group and follow the signals, you should first do your own research and analysis before blindly following them.

If you don't know how to do analysis, you should learn first, starting from the basics and then moving to the advanced techniques and chart reading patterns. If you are a long-term holder, you don't need to go through any of that.


Title: Re: Trading Signals vs Own Analysis
Post by: armanda90 on April 05, 2023, 06:29:48 AM
I don't think worth with trading signal due my experienced have been three years joining almost ten kinds signal premium group, all group sharing signal when price have been up and never share when lower price. I don't know about other signal group did the same thing or not but dominance with my previous signal group sharing after price pump.

Actually late and not have chance yet to earn profit although entry when first time sharing by the admin, better research by our self and we not spent much money every month for paying them without having accurate signal and always said to us "DWYOR" Do Your Own research. I don't know what for joining signal premium if still need to research by our self?


Title: Re: Trading Signals vs Own Analysis
Post by: gabbie2010 on April 05, 2023, 07:24:40 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Your ability to learn how to trade and analyze charts will in a long run validates those signals obtained from your group atleast you will have the ability to filter some of the bad trades, however you needed to subscribe to just one group and avoid joining plenty signal groups to prevent conflicting signals with your own, moreso learning and trading yourself gives more confidence than relying on signals alone, obviously you will learn Price Action and price history and candlestick patterns because do repeat itself, although learning all trading skills isn't easy however in the long it really worth leaning.


Title: Re: Trading Signals vs Own Analysis
Post by: Tony116 on April 05, 2023, 07:52:49 AM
I ma not that good in analyzing the market. That is why sometimes I am using trading signals from several groups to help me. But, I ever used them for 100% tarding activities. How is combining both of them? Own analysis and also trading signa.because msotly, I am not really sure with my own analysis, ahha

I'm not good at technical analysis either, but I don't trust anyone in this market, I think those groups are created for no second purpose, what they want is our money. So I would rather not trade, absolutely never trade the signals of those groups.
If trading is not your forte, be a long-term holder, you shouldn't force yourself to do things you're not good at and could cost you money. Instead of trading regularly, I find another job to earn extra income and long-term investment. By such a combination, my income is not too bad either.


Title: Re: Trading Signals vs Own Analysis
Post by: nur rochid on April 05, 2023, 07:56:09 AM
no one can analyze perfectly, losing and winning are commonplace when we trade. the most important thing is that we can achieve our target portfolio properly. instead of us continuously following group signals, it would be nice to make our own analysis and monitor our trading progress, so that later we will become pro traders. indeed at first it is not the money we are looking for, but in its development the money will follow along with our shrewdness in trading


Title: Re: Trading Signals vs Own Analysis
Post by: Similificator on April 05, 2023, 08:09:57 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Hey, there's really nothing wrong in joining signal groups only if you utilize them well. And by utilizing them well, I mean not relying solely on them like how a dog follows its owner. Being in different signal groups especially the premium ones gives anyone a huge advantage in terms of finding the right techniques and styles that suits your personality and schedule. Like which time frames makes you feel more comfortable, fits your schedule, which indicators feels comfortable to use for you, portfolio arrangements, plans, etc., etc. The main point is, don't look at signal groups as a profit feeding machine but instead, see it as a treasure chest filled with new skills and techniques that you can learn and add to your own arsenal to better yourself in the trading industry. Nothing beats the feeling of confidence from your own TA and the sense of fulfillment at every win you achieve, big or small.


Title: Re: Trading Signals vs Own Analysis
Post by: cute nmp on April 05, 2023, 04:23:59 PM
Don't think it is a good idea to rely on any trading signal.I have paid for such signals twice and none of them work for me,end up loosing my money and my trading account.It is better for one to analyse your own chart with the knowledge you have and find the best trade setups in the market.


Title: Re: Trading Signals vs Own Analysis
Post by: Stable090 on April 05, 2023, 04:33:51 PM
If you want to be a real trader, you have have to seek for trading signals, believe in yourself, run your analysis yourself and don’t depend on anybody for trading signals. If you keep on using trading signals, what will happen when those signal providers are no longer available? And to be honest, most signals are fake, most of them are just guessing and they don’t care if the signal is correct or not, we should learn to do analysis ourselves.


Title: Re: Trading Signals vs Own Analysis
Post by: tjtonmoy on April 05, 2023, 07:13:26 PM
~snip
If you are trying to learn trading and want to keep trading in the future, then never follow other people's signal. That way, you are just copying like a mindless robot and not learning anything at all. What happens if you lost the access to that group at some point? Will you be able to trade on your own? I think not. Trading is fun, if you can master it.
Don't follow others, create your own strategy and learn as much as you can.


Title: Re: Trading Signals vs Own Analysis
Post by: Mahanton on April 05, 2023, 08:43:44 PM
When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

This is the key on which you shouldnt really be making yourself that minding about entering trades consecutively considering that not all the times would really be the best time for someone to enter the market.
The most common mistakes to those people is that they dont really like to miss up something and even if its not the best time to enter the market, they do such thing because they are minding that they might
be missing out something which is really wrong.

In speaking or talking about trading signals or analysis then it would really be that depending on which one fits out.If you could combine then do it and see for yourself
whether it is really that effective or not.


Title: Re: Trading Signals vs Own Analysis
Post by: goaldigger on April 05, 2023, 09:29:17 PM
Joining signal group will make you realize that you are just wasting your money by following them, because having your own analysis are much better since it works with your own timeline and your own strategy. If you are already learning how to trade on your own much better. There are a lot of signal group that fails along the way, their purpose is different and not to help those traders, stay away from any signal group and just focus on learning how to trade effectively, this can be more profitable if ever.


Title: Re: Trading Signals vs Own Analysis
Post by: Kelvinid on April 05, 2023, 09:54:49 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.
#1 is right, never expect 100% accuracy in a volatile market because every signal are just speculation
Pointing out #2, you are definitely on profit but I'm not sure how we get it if #1 is right. It is not 80-90%, that is 50/50.
Quote
and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Don't spend too much time trading, tried to balance your life and give yourself time to relax as well. Otherwise, you get stressed and can't decide right and will just give you losses.
4-5 hours on the computer is enough.


Title: Re: Trading Signals vs Own Analysis
Post by: sulendra12 on April 05, 2023, 10:50:51 PM
I'd prefer to trade with my own analysis instead of relying on trading signals. Sure, you can get some sort of alarm about which one is "expected" to be the best one to trade. But with your own analysis, you can actually do pretty much the same or even better than most of the trading signals do. If you lost your money because of your own analysis, you can fix up the mistake to make your analysis even better while compared to trading signals even if you lose to that, you won't learn anything from that because you don't know what was the factor of that signals to even pick certain cryptos.


Title: Re: Trading Signals vs Own Analysis
Post by: Fatunad on April 05, 2023, 10:59:45 PM
I'd prefer to trade with my own analysis instead of relying on trading signals. Sure, you can get some sort of alarm about which one is "expected" to be the best one to trade. But with your own analysis, you can actually do pretty much the same or even better than most of the trading signals do. If you lost your money because of your own analysis, you can fix up the mistake to make your analysis even better while compared to trading signals even if you lose to that, you won't learn anything from that because you don't know what was the factor of that signals to even pick certain cryptos.
Own analysis all the way.You could really be having no regrets even if you do lost up money with your trades basing on your own strategy rather than on following up someone which its true on what others said
that it would really be leaving you to regret and would rather like on having your own decisions than on following someone with your trading decisions or set up.


Title: Re: Trading Signals vs Own Analysis
Post by: borovichok on April 06, 2023, 06:53:34 AM
Joining signal group will make you realize that you are just wasting your money by following them, because having your own analysis are much better since it works with your own timeline and your own strategy. If you are already learning how to trade on your own much better. There are a lot of signal group that fails along the way, their purpose is different and not to help those traders, stay away from any signal group and just focus on learning how to trade effectively, this can be more profitable if ever.
I don't depend on trading signals because when I started, I subscribe to them and they didn't work out, I guessed they framed up the entire profits inother to lured newbies into subscribing for signals, these people make good money from our fees, some would charged $100 while others will charge $300, however the fee varies depending on the level of the crypto community or group. Learning how to trade effectively will increase your chances of gaining profits from the market rather than depending on some inaccurate signals that will make your trading accounts wrapped up in liquidation which is the one thing every trader is avoiding.


Title: Re: Trading Signals vs Own Analysis
Post by: jeraldskie11 on April 06, 2023, 09:57:35 AM
Trading signal is only for people who don't know how to trade or people who don't have enough time to analyze the market. There are many people who rely on that, and I witnessed it by entering some crypto trading groups. I thought it's working since some of their signals were materialize. So people who win some of their signals posting it in the group and seems they're really earning. But in reality most of their signals are not working and their members were getting big losses at the end of that.

And here are the thing. Before they post their signals, they already gain 10% to 20%. And now, I didn't find them just like a water silently flow in the river.

That's why don't let others trade your money, you must be obliged in your own money. Don't let insert in your mind that they are only the profitable, it can only affect the way you trade.


Title: Re: Trading Signals vs Own Analysis
Post by: rahulzx on April 06, 2023, 10:13:59 AM
I think combination of both methods would be more accurate and give confidence to trader as he/she can evaluate their own strategies with given signals, back checking the profits & losses can compare with own results.


Title: Re: Trading Signals vs Own Analysis
Post by: justdimin on April 06, 2023, 11:29:41 AM
If you are trying to learn trading and want to keep trading in the future, then never follow other people's signal. That way, you are just copying like a mindless robot and not learning anything at all. What happens if you lost the access to that group at some point? Will you be able to trade on your own? I think not. Trading is fun, if you can master it.
Don't follow others, create your own strategy and learn as much as you can.
I do agree that there are too many people who do not know what they should possibly do with their money. And that's a sad reality, because not many people in the world has money, so if you are one of the lucky few that has money to invest, any money on the side, that is amazing.

I have debts and I am barely paying them back thankfully, it's a bad period for me but I am sure one day life will be better for me but even with no money I still know what I would do with it, and nothing risky as well, yet there are some people with money and they do not know what to do with it and so they end up checking these other people for signals on what to buy, that's a big shame.


Title: Re: Trading Signals vs Own Analysis
Post by: AicecreaME on April 06, 2023, 12:07:27 PM
Trading with your own analysis is so much acceptable when it comes to losing a trade because at least it is your own judgement, unlike when using someone else's technical analysis which is much kind of regrettable. Trading is all about prediction and luck, in my opinion, technical analysis increases the chances of predicting what's gonna happen next, depending on your knowledge about the market.


Title: Re: Trading Signals vs Own Analysis
Post by: Lanatsa on April 07, 2023, 12:53:38 PM
Trading with your own analysis is so much acceptable when it comes to losing a trade because at least it is your own judgement, unlike when using someone else's technical analysis which is much kind of regrettable. Trading is all about prediction and luck, in my opinion, technical analysis increases the chances of predicting what's gonna happen next, depending on your knowledge about the market.
You wouldn't feel any regrets
You wouldn't feel any anger
You wouldn't really be annoyed nor disappoint on the time that you would be lossing.

This is the difference when you do make use of others analysis which is compared to yours where you would really be making out adjustments on your own
and you wouldnt really be feeling that regret on the time that you would be losing a trade.


Title: Re: Trading Signals vs Own Analysis
Post by: RealMalatesta on April 07, 2023, 06:44:02 PM
Trading with your own analysis is so much acceptable when it comes to losing a trade because at least it is your own judgement, unlike when using someone else's technical analysis which is much kind of regrettable. Trading is all about prediction and luck, in my opinion, technical analysis increases the chances of predicting what's gonna happen next, depending on your knowledge about the market.
I agree that facing your own actions consequences is the best thing to learn how to trade. If you listen to someone else and lose money, then the only thing you would learn is not to listen to them if you are smart, maybe even keep trading based on what they say if you want to give more chances to them.

All of this would not grow you as a trader and would just make you weaker and you would continue to lose more and more money. Whereas if you are smart and you know what you are doing, then you would trade yourself and even if you lose money then you would end up with something much better, which is the fact that you would learn from mistakes and be better.


Title: Re: Trading Signals vs Own Analysis
Post by: harizen on April 07, 2023, 11:16:09 PM

Good thing that you realized some good pointers while being under a trading signal group. Actual experience will really made us understand if we really need to rely on trading signal group or trust our own analysis.

Regardless though, whether following a trading signal or not, once a trader become used on doing trades, experience will teach us how to become a better trader while on progres.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

1. That's why it call "signals in the first place. Supposed to be it will just give us some scenarios to happened. Once a group claimed that they can able to generate signals with 100% accuracy, that can be considered as "sh*t" group.

2. But not the always case since crypto is too volatile and speculative.


Title: Re: Trading Signals vs Own Analysis
Post by: goinmerry on April 07, 2023, 11:59:59 PM
1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

Impossible to have that 100% accuracy. Trading signals are just meant to give us the possible outcomes that a certain trend will go referring to where the trading indicators result. Really hard to trust a trading signal group claiming a 100% accuracy to their banners just to attract new users to paid money for it.

It's better to work on our own and do the work for ourselves. It will take time to at least understand the market behaviour but we will get there soon.


Title: Re: Trading Signals vs Own Analysis
Post by: libert19 on April 08, 2023, 03:00:22 AM
Even if signal groups were legit, i.e, having good win trades, eventually they will try to make money of you. As it was their intention to start the group in first place.

Once such groups are grown enough, either they will shill some coin to you, use their group for pumping & dumping coins or put their group behind pay wall.

Depending on yourself is always better.


Title: Re: Trading Signals vs Own Analysis
Post by: michellee on April 08, 2023, 04:59:05 AM
You are doing what you should be doing by trading when you are free so you can take the time to analyze the market. Indeed, no one can generate signals with 100% accuracy because it predicts where the market is moving.

It's better for you to analyze yourself to improve your trading skills because increasingly uncertain market conditions require better analytical skills. I have experience using trading signals but the results are not as good as I thought. Since then, I decided to learn to trade so I don't depend on signals from other people.


Title: Re: Trading Signals vs Own Analysis
Post by: andriarto on April 08, 2023, 06:28:00 AM
1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

Impossible to have that 100% accuracy. Trading signals are just meant to give us the possible outcomes that a certain trend will go referring to where the trading indicators result. Really hard to trust a trading signal group claiming a 100% accuracy to their banners just to attract new users to paid money for it.

It's better to work on our own and do the work for ourselves. It will take time to at least understand the market behaviour but we will get there soon.
Besides not being 100% reliable, group signals seem to be self-deception, considering that it makes us lazy to learn about trading. until later life is spent just looking for the best signal, even though there is no perfect strategy. therefore it is your own abilities that should be sharpened so that they can become provisions to be able to trade well. therefore don't be lazy to process, because money will follow us later


Title: Re: Trading Signals vs Own Analysis
Post by: xSkylarx on April 08, 2023, 07:30:12 AM
1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.


If a person or trading signal group claims to have 100% accuracy, they are most likely a scam; they say this to entice newbie traders who only want to trade using signals. Also, how do you calculate the winning percentage when it's only 80%? Is it your own analysis or the signal? because most of the signals they are sending are just telling people to buy or sell and then posting their shitcharts, which those in the group couldn't understand.


Title: Re: Trading Signals vs Own Analysis
Post by: Crypto5060 on April 08, 2023, 08:35:42 AM
no one can generate signal with 100 percent accuracy, they is no need of paying for a signal you can generate because most times after paying for signals, you will still end up losing.


Title: Re: Trading Signals vs Own Analysis
Post by: CarnagexD on April 08, 2023, 01:31:48 PM
You are doing what you should be doing by trading when you are free so you can take the time to analyze the market. Indeed, no one can generate signals with 100% accuracy because it predicts where the market is moving.

It's better for you to analyze yourself to improve your trading skills because increasingly uncertain market conditions require better analytical skills. I have experience using trading signals but the results are not as good as I thought. Since then, I decided to learn to trade so I don't depend on signals from other people.

Right. Although your own analysis is not 100% accurate, it will help you because you develop a deeper understanding of the market and the factors that influence price movements. This can help you to make more informed decisions and to adapt to changing market conditions without being bothered by anything else. But what I find a con is that it can be time-consuming and sometimes we may need a greater amount of knowledge and expertise. It can also be difficult to remain objective and avoid emotional biases when analyzing the market. It won't hurt to get some help too from trading signals.

I think we can take advantage using both trading signals and own analysis at the same time. For example, after relying on trading signals, you can use your own analysis to confirm the signals by examining price charts, market news and other factors that could influence price movements. By doing this, you can make more informed decisions about when to enter or exit trades.

Even if signal groups were legit, i.e, having good win trades, eventually they will try to make money of you. As it was their intention to start the group in first place.

Once such groups are grown enough, either they will shill some coin to you, use their group for pumping & dumping coins or put their group behind pay wall.

Depending on yourself is always better.
We still have to be cautious of trading signals that are not legit because they just want make money by charging subscribers for access to their signals. They may use social media, online forums or other platforms to promote their signals and attract subscribers. Let's be careful,  let's look first for reviews and testimonials from other traders and be wary of any group that promises guaranteed profits.
Anyway, relying solely on trading signals is very risky because they can sometimes be inaccurate or fail to account for unexpected market events. They may not take into account other qualitative factors that can have a significant impact on price movements like an event that can cause an unexpected shift in the market. Like what I've said, we can use trading signals in combination with our own analysis.  :)


Title: Re: Trading Signals vs Own Analysis
Post by: jostorres on April 08, 2023, 07:10:39 PM
I'd prefer to trade with my own analysis instead of relying on trading signals. Sure, you can get some sort of alarm about which one is "expected" to be the best one to trade. But with your own analysis, you can actually do pretty much the same or even better than most of the trading signals do. If you lost your money because of your own analysis, you can fix up the mistake to make your analysis even better while compared to trading signals even if you lose to that, you won't learn anything from that because you don't know what was the factor of that signals to even pick certain cryptos.
Own analysis all the way.You could really be having no regrets even if you do lost up money with your trades basing on your own strategy rather than on following up someone which its true on what others said
that it would really be leaving you to regret and would rather like on having your own decisions than on following someone with your trading decisions or set up.
For us who already have some experience, it's easy to say that our own analysis is better. We know how to differentiate a bad analysis from the good one but we still don't praise those who have a better analysis because we think we are better than them.

For someone who is new here, they can rely on someone's analysis, more if they are rushing to trade and make profits. Regrets will always be there, the same when we lose in gambling and on any other activity but I think for those who are a sport person and only want's to enjoy everything, regret is never in their vocabulary. That is a good example and we need to follow it to have a better life.


Title: Re: Trading Signals vs Own Analysis
Post by: Fondarchand on April 10, 2023, 05:04:22 PM
Getting help from crypto signals and then try to use your own idea will be better because sometime the market is so harsh that no one knows what to do so in such situations getting help from crypto signals is not bad. Depending on crypto signals sometimes become disadvantage for you because there are a majority of individuals who doesn't not know about signals but they give it to another just for getting cash in return so try to hear everyone but take a decision what you really want to take and what is better for you.


Title: Re: Trading Signals vs Own Analysis
Post by: abel1337 on April 10, 2023, 07:03:30 PM
Getting help from crypto signals and then try to use your own idea will be better because sometime the market is so harsh that no one knows what to do so in such situations getting help from crypto signals is not bad. Depending on crypto signals sometimes become disadvantage for you because there are a majority of individuals who doesn't not know about signals but they give it to another just for getting cash in return so try to hear everyone but take a decision what you really want to take and what is better for you.
I personally seek other charts analysis to have my own analysis a validation and to gain some ideas that I missed. I do this when the market is in chaos or I'm not really confident on how my technical analysis will turn out. It's never a be mistake to ask for someone opinion especially if you are trying to improve your self by asking validations. The bad thing about it is to just purely rely on the charts that you saw and abandon your own analysis. I encourage even new traders to practice their own analysis even if it's a bit rough and just try to compare it to other signals as a way to check their growth and improvements.


Title: Re: Trading Signals vs Own Analysis
Post by: milewilda on April 10, 2023, 08:23:33 PM
Getting help from crypto signals and then try to use your own idea will be better because sometime the market is so harsh that no one knows what to do so in such situations getting help from crypto signals is not bad. Depending on crypto signals sometimes become disadvantage for you because there are a majority of individuals who doesn't not know about signals but they give it to another just for getting cash in return so try to hear everyone but take a decision what you really want to take and what is better for you.
I personally seek other charts analysis to have my own analysis a validation and to gain some ideas that I missed. I do this when the market is in chaos or I'm not really confident on how my technical analysis will turn out. It's never a be mistake to ask for someone opinion especially if you are trying to improve your self by asking validations. The bad thing about it is to just purely rely on the charts that you saw and abandon your own analysis. I encourage even new traders to practice their own analysis even if it's a bit rough and just try to compare it to other signals as a way to check their growth and improvements.
Which does means that checking others analysis wont really be that bad, of course you would really be having that kind of in comparison with yours analysis compared to others which if you do see some
strategies which you do look that it is really that something that can be applied into yours then you would really be seeing this not to be that bad but its better always to rely with your own
analysis which it would really be giving that kind of no regret when it comes to outcomes or results unlike when you are really that following or using up something and ending up on a
lose then you would really be having that kind of regret in the end which we dont really like.


Title: Re: Trading Signals vs Own Analysis
Post by: cheezcarls on April 11, 2023, 12:51:22 PM
You make a good point that not everyone can be their own trading analyst due to various reasons. However, it is important to take the time to learn how to analyze trading charts as it can help one make informed decisions when it comes to trading.

It is easy to fall into the trap of following someone else's trading signals without fully understanding the charts and market conditions. This can lead to losses and frustration.

My high school classmate has dedicated a lot of time and effort of self-learning and ended up having his own Youtube channel and gaining revenue from his Patreon subscribers is a great example of how taking the time to learn can lead to success in trading.

While it may take some time and effort to learn how to analyze trading charts, it can pay off in the long run by allowing you to make informed trading decisions and potentially even create your own trading signals.


Title: Re: Trading Signals vs Own Analysis
Post by: beerlover on April 12, 2023, 07:18:39 PM
I personally seek other charts analysis to have my own analysis a validation and to gain some ideas that I missed. I do this when the market is in chaos or I'm not really confident on how my technical analysis will turn out. It's never a be mistake to ask for someone opinion especially if you are trying to improve your self by asking validations. The bad thing about it is to just purely rely on the charts that you saw and abandon your own analysis. I encourage even new traders to practice their own analysis even if it's a bit rough and just try to compare it to other signals as a way to check their growth and improvements.
Which does means that checking others analysis wont really be that bad, of course you would really be having that kind of in comparison with yours analysis compared to others which if you do see some
strategies which you do look that it is really that something that can be applied into yours then you would really be seeing this not to be that bad but its better always to rely with your own
analysis which it would really be giving that kind of no regret when it comes to outcomes or results unlike when you are really that following or using up something and ending up on a
lose then you would really be having that kind of regret in the end which we dont really like.
I think "checking" and following are different stuff. If you are checking others analysis that is great, and you can even do your own and compare that with others as well and that way you could see if everyone thinks like you and have a confirmation.

However, if you do not do yours and just blindly follow someone else, that's going to be a trouble for you and you are going to lose a lot of money. Which is why it is suggested that you should learn to do your own analysis, you should be making a lot more profit that way. I feel like there is going to be a big difference in the end and you should be gradually becoming a better trader and eventually after becoming rich, stop trading and just invest and eat the profits.


Title: Re: Trading Signals vs Own Analysis
Post by: Hamphser on April 12, 2023, 08:57:27 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

When you are just starting up then you would be likely be having a thinking on checking someones trading analysis on which you would definitely be copying it on your first few days here on the market or simply

you've been trading but once you do experience some losses then this is where you would be thinking that it would be better on creating on your own and test it out.It does really vary on what kind of person
you are because there are people who are really that not easily giving up if ever they would be experiencing errors and mistakes which i do see to be a good thing but on the time that
you do end up on being desperate then it would be an another story.


Title: Re: Trading Signals vs Own Analysis
Post by: South Park on April 12, 2023, 11:42:34 PM
Getting help from crypto signals and then try to use your own idea will be better because sometime the market is so harsh that no one knows what to do so in such situations getting help from crypto signals is not bad. Depending on crypto signals sometimes become disadvantage for you because there are a majority of individuals who doesn't not know about signals but they give it to another just for getting cash in return so try to hear everyone but take a decision what you really want to take and what is better for you.
I personally seek other charts analysis to have my own analysis a validation and to gain some ideas that I missed. I do this when the market is in chaos or I'm not really confident on how my technical analysis will turn out. It's never a be mistake to ask for someone opinion especially if you are trying to improve your self by asking validations. The bad thing about it is to just purely rely on the charts that you saw and abandon your own analysis. I encourage even new traders to practice their own analysis even if it's a bit rough and just try to compare it to other signals as a way to check their growth and improvements.
There is nothing wrong with looking at the analysis of other traders, as not only this can broaden your horizons but it could even give you new ideas about how to improve your own trading strategy, however the mistake a lot of newbies make is that they begin to rely on the analyses of someone else to trade instead of relying on their own knowledge, and this is a huge blunder as this will hinder their development as traders and destroy their self-confidence, and once they find themselves in a difficult situation instead of relying on themselves to get out of it they will look for external help, and most of the time things do not end well for the ones which do this.


Title: Re: Trading Signals vs Own Analysis
Post by: Sorryfor on April 13, 2023, 01:50:51 AM
If you notice any such signal then good for you. And I think those who give signals to invest in different coins are actually mostly sitcoins. and since you have profited by doing such trading several times and faced loss many times. And I think if you invest regularly and focus on trading then you can go a long way. and you don't have to follow any signals to trade but you can make good trading benefits by taking a little idea.


Title: Re: Trading Signals vs Own Analysis
Post by: HONDACD125 on April 13, 2023, 03:54:22 AM
Quote
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Almost all of the groups of trading signals charge you a monthly or yearly fee, but more than their signals, you can do good trading yourself. If you want to trade in any trading pair then it is important to know its support and resistance level first.Because you can easily enter and exit at support and resistance level.Along with this, you can make your trading easier by using some indicators and chart patterns.And by practicing on a daily basis you can trade like a good trader .  Because there are groups of trading signals, they give you signals based on their experience. They also give you signals by combining different chart patterns and support and resistance and different indicators. Along with this, you should choose cryptocurrencies whose price fluctuates in the market.

Quote
no one can generate signal with 100 percent accuracy, they is no need of paying for a signal you can generate because most times after paying for signals, you will still end up losing.

No one can give hundred percent accuracy but still there are groups that give you signals.Which have a good success rate because who would join such groups if their signals don't work or hurt people? But there you will need a good amount of capital because their signals close at 10 to 15 percent  trading profit. Where a trader with little capital cannot trade because he does not get enough profit due to the low rate of profit.


Title: Re: Trading Signals vs Own Analysis
Post by: raumonds on April 13, 2023, 05:02:15 AM
I learned the hard way that relying on signals alone isn't a foolproof plan. It's great to see you've adapted and now use analysis to make more informed decisions. Good luck with your trades!


Title: Re: Trading Signals vs Own Analysis
Post by: cute nmp on April 13, 2023, 03:34:05 PM
I personally don't like using trading signals,there can be good and bring in good profits but can also results to lots of losses most atimes.Prefer using my own signal after analysing the charts and finding the best trade set-ups in the market.


Title: Re: Trading Signals vs Own Analysis
Post by: Bushdark on April 14, 2023, 06:04:37 PM
I think that a trader should definitely practice his personal analysis, because you won’t earn much on signals alone. When I started working with a broker from Amarkets, I always tried my predictions on a demo account, and this is what partially helped me earn.
I would always prefer using my own analysis to trade the market than choosing to use sigaml to enter the market.
The market is broad and sometimes it is good for us to use what we know to trade the market so that we will know what's happening in the market than going into the market blindly without any idea of what's happening so far.
If we keep using our own strategy, there is a time that we are going to be understanding the market better than before since understanding comes when we keep doing something continually.


Title: Re: Trading Signals vs Own Analysis
Post by: Zilon on April 15, 2023, 05:55:02 AM
Signals are not bad but relying solely on them is where the problem lies. I trade in confluence with signals, like i get the signal, then do my own analysis to verify if the signal gotten has potentials for a win, sometimes i adjust my profit to suit in.

Secondly most traders get signals late and still jump in to trade and end up blaming the source for their own carelessness. The reason self analysis comes first then signals come as confirmation that way it will be easier to know if the analysis is correct, wrong or it is too late to join.


Title: Re: Trading Signals vs Own Analysis
Post by: awik p on April 15, 2023, 06:57:36 AM
I think that a trader should definitely practice his personal analysis, because you won’t earn much on signals alone. When I started working with a broker from Amarkets, I always tried my predictions on a demo account, and this is what partially helped me earn.
I would always prefer using my own analysis to trade the market than choosing to use sigaml to enter the market.
The market is broad and sometimes it is good for us to use what we know to trade the market so that we will know what's happening in the market than going into the market blindly without any idea of what's happening so far.
If we keep using our own strategy, there is a time that we are going to be understanding the market better than before since understanding comes when we keep doing something continually.
market understanding arises because of our experience using personal signals. that way everything needs a process to understand it. relying on other people's signals as if we don't have a stand and at any time our trading style character will not be formed, but this happens a lot in the field, because many people want to get instant results, to make profits faster by willingly buying signals, or even many who subscribe to trading robots


Title: Re: Trading Signals vs Own Analysis
Post by: Litzki1990 on April 15, 2023, 07:07:59 AM
Do not put your financial resources at unnecessary risk by relying on others. Signals are followed by people who do not have the slightest knowledge of the market. If the person you are taking signals from gave you a wrong signal and you trade based on that signal and trade and see a total loss then will you be compensated by the person you are taking signals from.

 Never make this mistake and always depend on yourself.  You may say I have no idea about trading, make up your mind why depend on others and risk your money unnecessarily.  Maybe it is difficult for you, but create your own idea about trading and move forward by trading little by little from your idea. There is no point in being unduly dependent on others.


Title: Re: Trading Signals vs Own Analysis
Post by: MiF on April 15, 2023, 10:09:34 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Signals are just signals it is sometimes not accurate and it is not like what everybody's thinking that if we used signals we will earn or win, for me it is still good to use signals but we also need to put or use our own analysis together with the signals so that we can have good trading experience.


Title: Re: Trading Signals vs Own Analysis
Post by: tvplus006 on April 15, 2023, 10:27:16 AM
Signals are just signals it is sometimes not accurate and it is not like what everybody's thinking that if we used signals we will earn or win, for me it is still good to use signals but we also need to put or use our own analysis together with the signals so that we can have good trading experience.

In any case, you cannot blindly follow the signals and at some point you will stop trusting them. But it takes a lot of time, during which you will gain experience and knowledge. And at some point you will realize that you can make decisions on your own, the result of which will be a profit.


Title: Re: Trading Signals vs Own Analysis
Post by: Inwestour on April 15, 2023, 10:39:58 AM
I would always prefer using my own analysis to trade the market than choosing to use sigaml to enter the market.
The market is broad and sometimes it is good for us to use what we know to trade the market so that we will know what's happening in the market than going into the market blindly without any idea of what's happening so far.
If we keep using our own strategy, there is a time that we are going to be understanding the market better than before since understanding comes when we keep doing something continually.
Even if you are looking for some trading signals, you should still do an analysis to check how good this signal is. Because if you just copy these signals, you will lose your money. But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. I'm talking about bitcoin because I'm a long-term invester and I can already see the benefits of my investment, I'm sure that in the future it will be even more significant.


Title: Re: Trading Signals vs Own Analysis
Post by: Yamifoud on April 15, 2023, 11:15:46 AM
I would always prefer using my own analysis to trade the market than choosing to use sigaml to enter the market.
The market is broad and sometimes it is good for us to use what we know to trade the market so that we will know what's happening in the market than going into the market blindly without any idea of what's happening so far.
If we keep using our own strategy, there is a time that we are going to be understanding the market better than before since understanding comes when we keep doing something continually.
Even if you are looking for some trading signals, you should still do an analysis to check how good this signal is. Because if you just copy these signals, you will lose your money. But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. I'm talking about bitcoin because I'm a long-term invester and I can already see the benefits of my investment, I'm sure that in the future it will be even more significant.
Perhaps, you are a long-term investor, and the only thing you do is to buy and hold, and sell later which TA is not needed anymore.
But being on trading this is very important and it was hereby encouraging to build our own rather than relying on others. But some traders (especially newbies) can't wait to build their knowledge and experience, they want instant profit and they think that following signal groups will be their solution. Sadly, they found it wrong when they suffered losses and sometims got scammed. 


Title: Re: Trading Signals vs Own Analysis
Post by: Latviand on April 15, 2023, 12:22:28 PM
In any case, you cannot blindly follow the signals and at some point you will stop trusting them. But it takes a lot of time, during which you will gain experience and knowledge. And at some point you will realize that you can make decisions on your own, the result of which will be a profit.
That's what I do in past year when I was still a noobie in trading, didn't blindly follow but listened to what they're saying and make a decision based on what I think is appropriate at that time. I don't trade much but when I do, I don't lose that much so my decision to not just rely on signals but instead learn more about the ins and outs of trading has bore a fruit.


Title: Re: Trading Signals vs Own Analysis
Post by: tvplus006 on April 15, 2023, 01:05:26 PM
...But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. ..

The hold will bring more profit only if you are a bad trader. In this case, it is better to hold your coins than to lose money regularly. When you are a successful trader, your profit will be many times more from trading than if you just hold bitcoin.


Title: Re: Trading Signals vs Own Analysis
Post by: EarnOnVictor on April 16, 2023, 07:48:51 AM
I would always prefer using my own analysis to trade the market than choosing to use sigaml to enter the market.
The market is broad and sometimes it is good for us to use what we know to trade the market so that we will know what's happening in the market than going into the market blindly without any idea of what's happening so far.
If we keep using our own strategy, there is a time that we are going to be understanding the market better than before since understanding comes when we keep doing something continually.
Even if you are looking for some trading signals, you should still do an analysis to check how good this signal is. Because if you just copy these signals, you will lose your money. But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. I'm talking about bitcoin because I'm a long-term invester and I can already see the benefits of my investment, I'm sure that in the future it will be even more significant.
The best is to develop your own trading habits and be independent of anyone, but if you do not have the grace for that, it's not bad to seek external help. It's money we are all looking for, but one must be certain of the source of their information and signals. I've used some top-notch trading signals before I discover myself in the world of trading and I give about three signal providers kudos as their success rate ranges between 85-90% accuracy. I even learned how to trade through their daily trading advice.

This is not about the bullshit of telling you the entry and exit levels. It's about issuing a detailed daily market review and commentary.


Title: Re: Trading Signals vs Own Analysis
Post by: Jwest on April 16, 2023, 08:08:24 AM
In my trading experience, I never started using signals. My own analysis works better for me.
I've tried trading signals from some couple of groups, I get liquidated easily.. I win less and loss more.
I feel more comfortable with my own anlysis.


Title: Re: Trading Signals vs Own Analysis
Post by: SOKO-DEKE on April 16, 2023, 12:48:50 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Even those groups who distribute crypto signals utilize their expertise to conduct their own analyses, so in that regard, I consider them to be similar to us.As a result, I prefer to trade using my own analysis because following a signal does not ensure success.

But occasionally, as novice traders, we require a signal to support our optimism when we consistently lose money.The best course of action, however, is to conduct our own analysis in order to avoid going in the same route as signal individuals when they keep losing. However, if you believe in the 70% success rate of group signals, I'll say it's alright.


Title: Re: Trading Signals vs Own Analysis
Post by: Inwestour on April 17, 2023, 07:02:31 AM
The best is to develop your own trading habits and be independent of anyone, but if you do not have the grace for that, it's not bad to seek external help. It's money we are all looking for, but one must be certain of the source of their information and signals. I've used some top-notch trading signals before I discover myself in the world of trading and I give about three signal providers kudos as their success rate ranges between 85-90% accuracy. I even learned how to trade through their daily trading advice.

This is not about the bullshit of telling you the entry and exit levels. It's about issuing a detailed daily market review and commentary.
90% is very good, nine trades out of ten should be profitable, if this is true, then you probably already got rich well through trading? I had a question, why would someone share such successful transactions, and in what time period did you get such a result, a week, a month, a year? I understand that trading can make good money, but I also understand that not many people make money in this business, and I assume that those who have their own strategy will be able to earn money, and not just waiting for free signals from the telegram channel, or from somewhere else..


Title: Re: Trading Signals vs Own Analysis
Post by: DigitalDerivativesMarkets on April 17, 2023, 08:20:29 AM
It is an interesting discussion.

There are few guidelines for choosing trading signals in any markets. We will say upfront that we are providing trade alerts. The majority of the signal services on telegram do not provide any type of track record.

If the performance of the signals is great, why not provide some track record of it? Second point, if a performance is provided, is just the performance just for several weeks, months or years?

Anyone can have a good month, several months and even a year. When you have a 3-year track record you will see how the trader handles the trades when the market turns against him consecutively.

Many buckle under the pressure and try to recover as soon as possible, which is a classic psychological error that often leads to greater losses.

Thirdly, as some already said, no strategy can withstand any market conditions. Any services that claim to have a 90% success rate or even 80% success rate should be taken with a pinch of salt.

Fourthly, some signal providers provide multiple take profit orders (TP1, TP2, TP3, TP4 etc.). Many followers struggle to decide which take profit to choose and how to manage the trade as some providers do not send any updates on their trades.

We have a +7-year track record in FX and commodities (mostly FX). In our performance you will see negative phases and positive phases. It's all there. For cryptocurrencies, the performance is still short but we trust our FX performance will act in our favor.

As we cannot upload any images, we invite everyone to review and comment on our (now free) Ethereum forecast that was published at the beginning of April prior to the Shapella upgrade.



Ethereum Forecast April 2023 (https://www.ddmarkets.com/ethereum-forecasts-and-price-predictions/)





Title: Re: Trading Signals vs Own Analysis
Post by: AmoreJaz on April 17, 2023, 08:58:10 AM
The best is to develop your own trading habits and be independent of anyone, but if you do not have the grace for that, it's not bad to seek external help. It's money we are all looking for, but one must be certain of the source of their information and signals. I've used some top-notch trading signals before I discover myself in the world of trading and I give about three signal providers kudos as their success rate ranges between 85-90% accuracy. I even learned how to trade through their daily trading advice.

This is not about the bullshit of telling you the entry and exit levels. It's about issuing a detailed daily market review and commentary.
90% is very good, nine trades out of ten should be profitable, if this is true, then you probably already got rich well through trading? I had a question, why would someone share such successful transactions, and in what time period did you get such a result, a week, a month, a year? I understand that trading can make good money, but I also understand that not many people make money in this business, and I assume that those who have their own strategy will be able to earn money, and not just waiting for free signals from the telegram channel, or from somewhere else..

do take note that those free trading signals won't give you a very good outcome. even the paid ones are not getting support because later on, their subscribers came to find out that they are more on the losing side rather than on the winning side.
it is really advisable to learn on your own about those trading tricks. because each project has their own market performance. if you are just relying from someone else's advise, you won't truly understand how each coin behaves to certain factors.


Title: Re: Trading Signals vs Own Analysis
Post by: Ziskinberg on April 17, 2023, 11:27:00 AM

do take note that those free trading signals won't give you a very good outcome. even the paid ones are not getting support because later on, their subscribers came to find out that they are more on the losing side rather than on the winning side.
it is really advisable to learn on your own about those trading tricks. because each project has their own market performance. if you are just relying from someone else's advise, you won't truly understand how each coin behaves to certain factors.
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.


Title: Re: Trading Signals vs Own Analysis
Post by: Sterbens on April 17, 2023, 01:14:29 PM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.


Title: Re: Trading Signals vs Own Analysis
Post by: beerlover on April 18, 2023, 04:25:39 AM
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.
That is mainly because we lost our attention span. Back in the day people traveled for months, even years to reach a place, then we improved on that and today we have planes, what took many years to travel, takes less than a day nowadays thanks to that. Imagine going from England to Australia just 500 years ago, that was the earliest days I think, and now think about it today.

This is just travel, it happened with our attention span as well. Just 20 years ago we had to wait for the tv show we like to air, nowadays we just watch it on netflix whenever we want, it got even worse people follow good scenes on tiktoks instead, in under a minute. So basically now we want to get rich that quickly as well, and not wait for it to happen in a long time.


Title: Re: Trading Signals vs Own Analysis
Post by: xSkylarx on April 18, 2023, 04:40:05 AM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.

Basically they want to earn as soon as possible like if they have a capital right now they want to start trading by tomorrow and doesn't want to learn on their own that is why they will search on trading or signal groups to join and follow the signals. Others also tried to learn but they dont have patience and thinking that it doesn't work on them.Even if you found a signal group that lets say you have good wins in the last three months but after that they will vanished and gone how do you trade now right?


Title: Re: Trading Signals vs Own Analysis
Post by: Rigon on April 18, 2023, 10:37:44 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

I basically do trading most of the time. I do more trading on futures trading platforms than spot trading. But I never follow signals given by others I do market analysis on my own and trade on personal analysis. I found that I won most of the time. I lost on the trading platform in a very short period of time. I have seen in various places that those who trade following the signals given by others lose the most. If I lose from my own analysis, it is not difficult to accept it, but if I lose from the signals given by others, it is very difficult to accept it.


Title: Re: Trading Signals vs Own Analysis
Post by: shinratensei_ on April 18, 2023, 10:54:16 PM
...But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. ..

The hold will bring more profit only if you are a bad trader. In this case, it is better to hold your coins than to lose money regularly. When you are a successful trader, your profit will be many times more from trading than if you just hold bitcoin.
well in this case isn't it just the same as investing in general? since basically investing is holding the coin that you see the potential and hold it for long term until opportunity of selling arises, i'd say there are indeed many cases of investing that turns out to be massive value generating. i'd also easily said that investing is certainly makes sense than just trading in general, mainly because with trading you need to watch 24/7 and go against the whales. but with investing you just following the flow, so you will certainly have lesser difficulties. i honestly rarely seen some real succesful trader that could make massive profit consistently, it's always either they make good profit and they lose it the next day.


Title: Re: Trading Signals vs Own Analysis
Post by: Peanutswar on April 18, 2023, 11:12:41 PM
The most ideal decision right here is to study how does the trading, fundamentals, analysis works because not all the time you are getting dependent to the peoples signal only in that case you can now make a decision at your own if you getting dependent on other users I guess must ideal is to deal with the copy trading with no hassle and let other traders trade your positions.


Title: Re: Trading Signals vs Own Analysis
Post by: jeraldskie11 on April 18, 2023, 11:49:51 PM
The most ideal decision right here is to study how does the trading, fundamentals, analysis works because not all the time you are getting dependent to the peoples signal only in that case you can now make a decision at your own if you getting dependent on other users I guess must ideal is to deal with the copy trading with no hassle and let other traders trade your positions.
Most traders, especially beginners, underestimate the importance of fundamental analysis in their trading strategy. That is why many traders suffer significant losses. To maximize your chances of winning trades, you must combine fundamentals with technical analysis.
Copy trading is ideal for people who are too busy or don't know how to trade, but we must choose carefully who we want to copy, preferably a trader with a high winrate and pnl.


Title: Re: Trading Signals vs Own Analysis
Post by: Strongkored on April 19, 2023, 05:35:35 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.
To be successful when you follow a signal from a random group is when opening and closing trades, unfortunately, channels like that are just an association of traders who are trying to manipulate the market by influencing other traders to enter these pairs which are actually the channel owners and their friends have already entered the market and they only need other traders to enter to make the price go up and they will sell with profits, even when you also follow paid signals it doesn't guarantee 100% profit, that's why traders will be better off starting trading based on their own analysis by studying the market instead of depending on the signal like that.


Title: Re: Trading Signals vs Own Analysis
Post by: DevilSlayer on April 19, 2023, 06:43:42 AM
I do not really advise joining in trading signals or subscribing in premium groups because it teaches tradet to be dependent on someone else, you cannot learn any confidence that can help your decision making skills to improve and you can also incur losses because it is inevitable. There is no perfect system in trading because it is purely probability game. Most of the trading signals and whales group are 98% scams because they are purely focusing on how they can get members because of the fee and not giving enough service for their member.

It is really better if you are the one who will do the own analysis, remember that your success in trading rely to you it means that you are the own creator of your trading career. It is your own fault if you became failure in trading so make sure to take responsibility of yourself. Forget about joining signal groups because it will make you dependent on someone else like a parasite. Build your career by learning trading by yourself through researching and reading a lot of books that related to trading psychology and technical analysis.


Title: Re: Trading Signals vs Own Analysis
Post by: Etranger on April 19, 2023, 07:55:07 AM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals.

Sure, the market is unpredictable, but if to think so, then trading becomes irrelevant at all, because you will think that it is more like a gambling and probably decide not to take part in it. However, if we agree that trading can be somewhat rationalised and stabilised, then we have to admit that trading signals can be useful in any market condition, including unpredictable markets as a tool to help traders make informed decisions.

One approach to using trading signals in unpredictable markets is to combine them with other types of analysis, such as fundamental analysis or sentiment analysis. Traders can use trading signals as one piece of information among other indicators to form a more comprehensive view of the market. Another approach is to adjust the settings or parameters of the trading signals to better suit the current market conditions. We just don't have to see them as some panacea which tells you exactly when to buy or sell


Title: Re: Trading Signals vs Own Analysis
Post by: tvplus006 on April 19, 2023, 08:44:49 AM
...i honestly rarely seen some real succesful trader that could make massive profit consistently, it's always either they make good profit and they lose it the next day.

Of course, there is no such trader who does not have unprofitable trades. But the very principle of successful trading is that there should be fewer such unprofitable transactions than profitable ones. Only in this case, it can be considered that such a trader is successful.


Title: Re: Trading Signals vs Own Analysis
Post by: rojan on April 19, 2023, 11:12:59 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

I basically do trading most of the time. I do more trading on futures trading platforms than spot trading. But I never follow signals given by others I do market analysis on my own and trade on personal analysis. I found that I won most of the time. I lost on the trading platform in a very short period of time. I have seen in various places that those who trade following the signals given by others lose the most. If I lose from my own analysis, it is not difficult to accept it, but if I lose from the signals given by others, it is very difficult to accept it.
Profit in spot trading is little but there is no possibility of losing all money in spot trading.  You can make a lot of money from futures trading and if you make a mistake then there is a chance to lose all the money. But it is better if you trade with your own thoughts. I also trade with my own thoughts.  Seen the amount of loss is more than the profit. I never like future trade because I have lost a lot of money from futures.


Title: Re: Trading Signals vs Own Analysis
Post by: Japinat on April 19, 2023, 11:50:17 AM
...i honestly rarely seen some real succesful trader that could make massive profit consistently, it's always either they make good profit and they lose it the next day.

Of course, there is no such trader who does not have unprofitable trades. But the very principle of successful trading is that there should be fewer such unprofitable transactions than profitable ones. Only in this case, it can be considered that such a trader is successful.

This is very similar to sports betting. If you have more wins than losses, you can ensure that you'll be in profit. I'm talking about bankroll management, as it's also applicable in trading. However, the best way to be consistent in trading is to rely on our personal analysis, as that will help us grow, as opposed to just relying on signals from so-called experts.


Title: Re: Trading Signals vs Own Analysis
Post by: Altryist on April 19, 2023, 01:21:42 PM
This is very similar to sports betting. If you have more wins than losses, you can ensure that you'll be in profit. I'm talking about bankroll management, as it's also applicable in trading. However, the best way to be consistent in trading is to rely on our personal analysis, as that will help us grow, as opposed to just relying on signals from so-called experts.
I somehow tried to follow these signals, the tokens I follow, to see how much my opinion coincides with these signals, but I will say that there was little useful in them. I noticed that very often there was empty content to maintain, and there was simply no point in following them. I don’t know if it’s possible to say that trading is similar to gambling, these are different things, and if we talk about spot trading, then trading is safer than gambling.


Title: Re: Trading Signals vs Own Analysis
Post by: Jody.Drummer on April 19, 2023, 01:36:55 PM
This is very similar to sports betting. If you have more wins than losses, you can ensure that you'll be in profit. I'm talking about bankroll management, as it's also applicable in trading. However, the best way to be consistent in trading is to rely on our personal analysis, as that will help us grow, as opposed to just relying on signals from so-called experts.
I somehow tried to follow these signals, the tokens I follow, to see how much my opinion coincides with these signals, but I will say that there was little useful in them. I noticed that very often there was empty content to maintain, and there was simply no point in following them. I don’t know if it’s possible to say that trading is similar to gambling, these are different things, and if we talk about spot trading, then trading is safer than gambling.
Yes spot trading is lower risk than futures. When trading spot we only have to wait a long time when we take a loss, and that is better than having to lose our money all at once. But that doesn't apply to all coins, because we have to see and analyze which coins we will buy. We must continue to analyze carefully, especially in a bear market where the existing coins may not last as long as the bear market. Therefore we can buy coins that have been around for so long and already have credibility.


Title: Re: Trading Signals vs Own Analysis
Post by: death69 on April 19, 2023, 05:57:12 PM
Oh, signals, the tantalizing tune of the trading realm! It's like trusting a wacky GPS that lands you in no-man's-land half the time, but you can't quit the thrill. As you said, no one's rocking that 100% accuracy, and even the top signal maestros are just winging it, if you ask me.

In my wild escapades, signals can be a blast, but bro, proceed with caution. It's like letting a magic 8-ball call the shots in your life—sure, it's a riot, but don't bank on it. Instead, take a step back, scour those charts, and hunt down your own primo trading chances.

So, let's give signals the boot and morph into our own trading navigators. It'll take some grind time to master the art, but with a hefty dose of patience and elbow grease, we'll rule the trading scene like we were born for it.


Title: Re: Trading Signals vs Own Analysis
Post by: disconnectme on April 19, 2023, 06:27:46 PM
It is very important to know that some if not most of these Trading Signal gurus do not even trade on their own, if they do, they use you as their exit strategy, you will need to develop what works for you depending on your;

1. Level of discipline: this is very important because it allows you to stick to your trading plan from the beginning and it helps because it could be the difference between profit and a loss
2. Time: how much time you can devote to trading, this will help you to determine if you will be a day trader, swing trader, or a long-term investor
3. Analytical skills: This one you will continue to fine-tune with time just keep learning and you will get better


Title: Re: Trading Signals vs Own Analysis
Post by: usekevin on April 19, 2023, 08:23:18 PM
Trading signals are created by third person based on their analysis,So we can’t be sure it will work.You should have your own strategies for the trading instead of following other people.You can practice trading by different low value as deposits.The amount of dedication you giving to the trading will helps you to learn trading all the basics.Once you made the candle analysis of the chart,you can place the blind bet.Surely it will gives good results,because you had place the bet based on the candle of the chart.You can take 5-6 months to create strategy based on the chart with candles.


Title: Re: Trading Signals vs Own Analysis
Post by: Unbunplease on April 19, 2023, 10:50:09 PM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.


Title: Re: Trading Signals vs Own Analysis
Post by: irhact on April 20, 2023, 07:00:06 AM
Trading signals are created by third person based on their analysis,So we can’t be sure it will work.You should have your own strategies for the trading instead of following other people.You can practice trading by different low value as deposits.

Relying on trading signals from other traders is a waste of time if you want to become professional in your trading and also make a living trading cryptocurency. If others can make out time to understand the market and bring out signals, why don't you do so yourself instead of relying on them. What happened when they get the signals wrong and it makes you lose.

Signal providers aren't always right and when they make the mistakes they learn from it to improve themselves but you just copying and pasting the signals doesn't benefits in any way since you will be losing your money and not get any experience from that mistakes since it wasn't yours in  the first place.


Title: Re: Trading Signals vs Own Analysis
Post by: Questat on April 20, 2023, 09:04:58 AM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.
And it was best to make decisions on our own, not others nor these manipulators. These signals may useful for some things but can't say that they are reliable enough to rely on. We have to learn to do analysis somehow because this is the ticker for our success, not these trading signals. It is just like standing our own feet, making decision based of what we see on the market chart, not because someone doing it as we never know how clever they are in doing this or just for the sake of money.


Title: Re: Trading Signals vs Own Analysis
Post by: Patrol69 on April 20, 2023, 09:54:20 AM
You may have had some success based on other people's signals but most of the time you will end up with failure instead of success if you follow other people's signals. I never follow other people's signals. One thing I always convince myself is that if the signal I follow is a human being and he can have different ideas about signals then why can't I.

I will take my time and trust myself and then trade. Even if you fail in your own trading, there is a lot to learn, but if you depend on others to achieve success, then you can never learn from that success. So have faith and trust in yourself, try to learn about trading, apply your knowledge practically, I hope you will be a good trader one day.


Title: Re: Trading Signals vs Own Analysis
Post by: Taskford on April 20, 2023, 10:47:56 AM
Why choose one if you can do both? Those two methods is really effective and you might be a effective trader if you use both on your trade. You always need to see on which of those things will work at the time you are trading since sometimes its really hard to understand how the charts pointing out so you need to do you own analysis base on other source you get and decide whether you go short or long on your trades. You just need to be came a resourceful trader since the more information you get to more higher the chance you became more relevant on the positions you take.


Title: Re: Trading Signals vs Own Analysis
Post by: xSkylarx on April 20, 2023, 01:50:05 PM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.
And it was best to make decisions on our own, not others nor these manipulators. These signals may useful for some things but can't say that they are reliable enough to rely on. We have to learn to do analysis somehow because this is the ticker for our success, not these trading signals. It is just like standing our own feet, making decision based of what we see on the market chart, not because someone doing it as we never know how clever they are in doing this or just for the sake of money.

It is like you are already 30years old and still your parents are still feeding you.Well it is okay to join trading groups but having following their signals is not worth it , it is okay to check their signals but you need to do your own analysis because it is useless to follow it without any basis but for sure those who follow those signal they will learn their lesson when that signal group got taken down.


Title: Re: Trading Signals vs Own Analysis
Post by: lixer on April 20, 2023, 04:26:35 PM
This is very similar to sports betting. If you have more wins than losses, you can ensure that you'll be in profit. I'm talking about bankroll management, as it's also applicable in trading. However, the best way to be consistent in trading is to rely on our personal analysis, as that will help us grow, as opposed to just relying on signals from so-called experts.
You mentioned sports betting because I thought it also involves analysis but we can also base our predictions on other people, if we are not confident about ourselves. There are lots of posts here about it for free and there are also paid ones in the groups. In sports betting, it's okay if our losses is more than our wins because we still enjoy the game but I don't think it works the same here in trading.

Trading is not an enjoyable act but making a profit can at least forget our hardships. Bankroll management is important because both acts (trading and sports betting) can trigger our emotion. When we are losing we tend to bet more than usual but the same goes when we are winning.


Title: Re: Trading Signals vs Own Analysis
Post by: puloweh555 on April 20, 2023, 10:04:59 PM
I prefer to do the analysis myself. Because sometimes joining a signal group is not always the best solution for trading. Sometimes, relying on trading signals from other people can make you lose control of your own trading decisions, which can result in losses. Indeed there are many groups of signals that are trusted and which are not trusted and it can confuse you, this can lead to bad trading decisions for yourself.

Instead, it is better to learn how to do your own analysis and develop your own trading strategy. By doing this, you can learn from your own experiences and develop your trading skills over time. This can allow you to make bigger profits in the long term, rather than relying on signals from other people. Overall, while joining a signaling group may be an option for some, doing your own analysis and developing your own trading strategy can pay off more in the long run.


Title: Re: Trading Signals vs Own Analysis
Post by: Lanatsa on April 20, 2023, 10:46:08 PM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.
And it was best to make decisions on our own, not others nor these manipulators. These signals may useful for some things but can't say that they are reliable enough to rely on. We have to learn to do analysis somehow because this is the ticker for our success, not these trading signals. It is just like standing our own feet, making decision based of what we see on the market chart, not because someone doing it as we never know how clever they are in doing this or just for the sake of money.

It is like you are already 30years old and still your parents are still feeding you.Well it is okay to join trading groups but having following their signals is not worth it , it is okay to check their signals but you need to do your own analysis because it is useless to follow it without any basis but for sure those who follow those signal they will learn their lesson when that signal group got taken down.
Checking out others signals and analysis isnt something that bad to be done but of course you should really be still depending or basing up with your own analysis when it comes to trading decisions.
SOmewhat if you do see that others analysis is somewhat that better or you do get convinced then its your choice to make.For me there are really times which i do make out some reconsideration
when it comes trading decisions or aspects.

Better to make yourself that able to learn along the way because if you are that someone whose that fully reliant into others then you would really be hardly to stand up on your own
on the time that they would really be gone.


Title: Re: Trading Signals vs Own Analysis
Post by: Kara3 on April 21, 2023, 04:01:41 PM
Nothing gives you joy when you can do things yourself,  what you just need is to pay for knowledge on how to trade yourself.
 Just as you have said, signals group can't gives you 100% accuracy, if you try yourself an failed, go back to your trading course an learn more, this time when doing it, you are doing it with experience, not as a novice.
The best you can give to yourself  is investing on getting knowledge about it.


Title: Re: Trading Signals vs Own Analysis
Post by: justdimin on April 22, 2023, 03:21:10 PM
I somehow tried to follow these signals, the tokens I follow, to see how much my opinion coincides with these signals, but I will say that there was little useful in them. I noticed that very often there was empty content to maintain, and there was simply no point in following them. I don’t know if it’s possible to say that trading is similar to gambling, these are different things, and if we talk about spot trading, then trading is safer than gambling.
Yes spot trading is lower risk than futures. When trading spot we only have to wait a long time when we take a loss, and that is better than having to lose our money all at once. But that doesn't apply to all coins, because we have to see and analyze which coins we will buy. We must continue to analyze carefully, especially in a bear market where the existing coins may not last as long as the bear market. Therefore we can buy coins that have been around for so long and already have credibility.
This is why I do not trade futures at all, leverage and all that makes me worry too much. If I do like x100 leverage, that means I could lose all of my money with a single 100$ move, I am not favoring that and it sounds a scary thing. However, if I end up investing according to what I believe will happen, then it will be a lot better and it can change so much as well.

It is troubling to think that spot trading is less risky because of how much riskier futures are, the scary part is not spot trading, being less risky is good, the scary part is how much more futures is risky, it is not just a bit risky, it is not like if you lose 200 in spot, you lose 400 in futures, no. It means you lose 100 here, you lose it ALL there, that is huge.


Title: Re: Trading Signals vs Own Analysis
Post by: LUCKMCFLY on April 23, 2023, 12:45:13 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


Such styles that join signal groups in trading are for me a nonsense. I've even seen influencers on youtube who make content like this to show that signal groups are real.

     I'm not satisfied with such things actually, you can't learn from that if you enter a trading. It's like what used to be like a child who was fed food and when his mouth was empty he would be fed again. If we are already able to tempt ourselves, why should we let them tempt us, that's called laziness.

That's why our own experience is still good for us to do so that we can learn and feel our own effort to earn in a traditional activity.
It should be noted that things here when dealing with groups, it is good to make comparisons, generally the groups that are trading for crypto are with many altcoins, which makes it difficult for me to analyze, the only thing that I analyze well and thoroughly It is bitcoin, for the rest I know that all the other currencies depend on the movements of bitcoin and only with this can you make some short-term predictions, because I understand that the groups of signals are for the short and medium term based only on the analysis I don't know technically, between one's own analysis and that of the groups, but I think that one's own analysis will always be better.


Title: Re: Trading Signals vs Own Analysis
Post by: Etranger on April 23, 2023, 08:21:20 AM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.

Doesn't it sound rather blurry and with lack of details? I agree with the general opinion that you need to rely on yourself and your strategy. But it works for those who already have their strategy. But again, it must be based on something. And what about newbies who are dealing with trading for the first time? What should they focus on if they consider that trading signals are unnecessary and only manipulate the market? They find themselves in complete obscurity, from which only their own experience can lead them. Who knows how many failed attempts it will take for a person to come up with a strategy for himself. The question is whether many will have the motivation and will to continue unprofitable attempts, not knowing when they will be able to come up with a strategy that they can finally rely on.


Title: Re: Trading Signals vs Own Analysis
Post by: Patrol69 on April 23, 2023, 09:08:21 AM
Trading signals are created by third person based on their analysis,So we can’t be sure it will work.You should have your own strategies for the trading instead of following other people.You can practice trading by different low value as deposits.The amount of dedication you giving to the trading will helps you to learn trading all the basics.Once you made the candle analysis of the chart,you can place the blind bet.Surely it will gives good results,because you had place the bet based on the candle of the chart.You can take 5-6 months to create strategy based on the chart with candles.
Undoubtedly, one should always have faith and belief in oneself for trading. We can never risk our money by trusting others. A minimum of own knowledge plays a very important role in trading. 

What is the guarantee that every signal from the person you receive the signal from will be true? If there was an opportunity to know about the market in advance then people would never have lost their money by investing and trading.  The market always moves according to its own movement.  No one has control over the market. 
But analyzing the market gives a little idea about trading where it is understood to some extent in which direction the market can go. 

We should all have that understanding. We should never risk our resources by depending on others.


Title: Re: Trading Signals vs Own Analysis
Post by: sana54210 on April 23, 2023, 05:30:02 PM
You may have had some success based on other people's signals but most of the time you will end up with failure instead of success if you follow other people's signals. I never follow other people's signals. One thing I always convince myself is that if the signal I follow is a human being and he can have different ideas about signals then why can't I.

I will take my time and trust myself and then trade. Even if you fail in your own trading, there is a lot to learn, but if you depend on others to achieve success, then you can never learn from that success. So have faith and trust in yourself, try to learn about trading, apply your knowledge practically, I hope you will be a good trader one day.
I think it is weird to see what a signal could show you and not do it yourself. Signals are indicators, if you can read the charts then you can do the same thing, so set a signal for yourself for when something happens and you can have your own signal. If you liked someone else's signal then all you have to do is just keep it checked for yourself, take the indicator behind that signal, and do it yourself and check if it works or not.

Not many people would be able to do that, but they should learn how to do that in order to make it possible. If you can be capable of doing something like that, then you will not need to check others signals and you will be able to do it yourself and make a lot more profit that way.


Title: Re: Trading Signals vs Own Analysis
Post by: JayTrain on April 23, 2023, 07:16:02 PM
It's important to understand that there is no magic formula or signal group that can guarantee 100% accuracy in trading. As you mentioned, it's all about making use of multiple signals and analyzing the charts to make informed decisions. It's good that you have adjusted your approach and are taking the time to analyze the market yourself, rather than solely relying on signals from others. It's also worth noting that trading requires discipline and patience, and it's important to have a clear strategy in place before entering any trades.


Title: Re: Trading Signals vs Own Analysis
Post by: molsewid on April 24, 2023, 09:10:31 PM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

Yes we almost the same, I used to pay in signal group for me to have a good trade at first we're having a good trade and a almost accurate signal,but  as time passes by I realize that I need to learn about trading and I don't need to rely to much in my mentor, instead of paying him I can use the fund to add more to my asset. Right now, i learned some basics  in trading but helpful


Title: Re: Trading Signals vs Own Analysis
Post by: Hypnosis00 on April 25, 2023, 01:54:57 AM
It's important to understand that there is no magic formula or signal group that can guarantee 100% accuracy in trading. As you mentioned, it's all about making use of multiple signals and analyzing the charts to make informed decisions. It's good that you have adjusted your approach and are taking the time to analyze the market yourself, rather than solely relying on signals from others. It's also worth noting that trading requires discipline and patience, and it's important to have a clear strategy in place before entering any trades.
Until now, many people made a bad approach to trading, they simply then think it was too easy to make money from here and that it is possible to even without knowledge. But the truth is that - all of their presumptions are wrong and they will realize it after experiencing losses.
That is why it is encouraged to make our own analysis rather than relying on the trading signal in order to further enhance our knowledge and market view as well. Because the more we engage in the crypto market, the more gain knowledge, and of course, we can make our own strategies which is a ticket to our success.


Title: Re: Trading Signals vs Own Analysis
Post by: shinratensei_ on April 26, 2023, 12:11:00 AM
many kept saying that trading signal are good only for newbies that still can't get the gist of trading and don't have their own strategy in overcoming current market condition I do agree with that, but too much relying in these signal gonna doom yourself.
best course of action is just to follow the signal at the meantime meanwhile also learning the pattern of the signal and also try to question many veteran out there on how to make profit, therefore you gonna learn while still making some good trades, there are also trading signal that's quite reliable and those that just outright trash signal which might instead cause lose in our investment, but it's still undeniable with the fact that having our own analysis, is better suited for our vision, those trading signal in general, once they've got quite the followers, gonna misuse their authority.


Title: Re: Trading Signals vs Own Analysis
Post by: LUCKMCFLY on May 01, 2023, 12:19:39 AM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.
I think that everything sums up to laziness and laziness is usually either an ally or an enemy, but seen from this point of view it is an enemy because the analysis of your own signals is the best, instead an analysis by groups or issues that have eu see is not good because they never give the reasons why they choose the signal and do the analysis, we do not know if they actually do the analysis and give the signals for giving them without any type of study, these things are what we have to see if we want to enter a group of signals.


Title: Re: Trading Signals vs Own Analysis
Post by: DevilSlayer on May 01, 2023, 03:23:32 AM
many kept saying that trading signal are good only for newbies that still can't get the gist of trading and don't have their own strategy in overcoming current market condition I do agree with that, but too much relying in these signal gonna doom yourself.
best course of action is just to follow the signal at the meantime meanwhile also learning the pattern of the signal and also try to question many veteran out there on how to make profit, therefore you gonna learn while still making some good trades, there are also trading signal that's quite reliable and those that just outright trash signal which might instead cause lose in our investment, but it's still undeniable with the fact that having our own analysis, is better suited for our vision, those trading signal in general, once they've got quite the followers, gonna misuse their authority.
The best course of action is to avoid those trading signals, they are harmful for traders because it teaches to become dependent on the signals on itself. Yeah there are legit signals and I know someone who are making money from it but is it good idea just to rely in trading signals and forget analysis? for me it is not good idea because signals cannot teaches you a lot of things while trading using your own analysis can help you to become a consistent profitable trader.

The best traders in the world do not follow trading signals, they are consistent making profit without subsrcribing to those premium groups who gives opinion about the market. This way we can already know that if we want to become one of the best trader, we should forget joining in trading signal and focusing on how we can become a great trader by just relying only to ourselves.


Title: Re: Trading Signals vs Own Analysis
Post by: xSkylarx on May 01, 2023, 03:37:19 AM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.
I think that everything sums up to laziness and laziness is usually either an ally or an enemy, but seen from this point of view it is an enemy because the analysis of your own signals is the best, instead an analysis by groups or issues that have eu see is not good because they never give the reasons why they choose the signal and do the analysis, we do not know if they actually do the analysis and give the signals for giving them without any type of study, these things are what we have to see if we want to enter a group of signals.


Laziness are always an enemy because first if you are not lazy to learn trading then for sure youll be getting the outcome you want but unless you are lazy you'll join signal group to find a trading signal that you will hit. When it comes to trading if you are lazy you'll not be getting any profit because in trading market is constantly changing that is why you need to adopt and learn always if you want to take out some profits in the market


Title: Re: Trading Signals vs Own Analysis
Post by: Huppercase on May 01, 2023, 07:29:22 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.


What you don't understand about these signal groups is some of the trades you see them posting, they are usually ordinary signals, they don't trade them, they don't have any money on them, they only do their research and post them for people who have money they want to lost to try them out, if it goes as plan, it favour you and if it is the other way, you take your loss, that is what they do in every signal groups. Haven't you thought about it that they post more than 10 trades and signals everyday, you really think they have money to place on all the signals they post, better stick to your own analysis, it will help you in the long run and not to depend on anybody signals.


Title: Re: Trading Signals vs Own Analysis
Post by: Etranger on May 01, 2023, 07:42:01 AM
The best course of action is to avoid those trading signals, they are harmful for traders because it teaches to become dependent on the signals on itself. Yeah there are legit signals and I know someone who are making money from it but is it good idea just to rely in trading signals and forget analysis? for me it is not good idea because signals cannot teaches you a lot of things while trading using your own analysis can help you to become a consistent profitable trader.

The best traders in the world do not follow trading signals, they are consistent making profit without subsrcribing to those premium groups who gives opinion about the market. This way we can already know that if we want to become one of the best trader, we should forget joining in trading signal and focusing on how we can become a great trader by just relying only to ourselves.

Another problem with trading signals is that they are available to a large number of traders, and many draw the same conclusions from them. And when a trader does the same as other traders, he turns into a hamster, which is simply carried away by the flow of the market. He controls neither his behavior nor his capital. Own strategy makes it possible to be as independent as possible from the conditions created by the crowd.


Title: Re: Trading Signals vs Own Analysis
Post by: Dr.Osh on May 01, 2023, 09:52:28 AM
as far as I know, those who use signals as a trading benchmark also do analysis. the people who follow it sometimes have no basis in their analysis, or only add to the accuracy of their own analysis.
Personally, I prefer to do my own analysis rather than looking at the signals. however, I sometimes also look at the signals that other people are doing to make comparisons with the analysis I have. in this way I have several advantages, namely I hone the analytical skills that I have in the world of trading, and I don't blame other people with the results.


Title: Re: Trading Signals vs Own Analysis
Post by: rby on May 01, 2023, 10:04:43 AM
In the past, what I did was joining 2-3 signal groups and buy/sell according to their instructions. However, I realized 2 points.

1. No one can generate signals with a 100% accuracy.
2. When the winning percentage is 80%-90%, we have to make use of all the signals to get that percentage.

For example, if the results are
1-Win
2-Win
3-Loss
4-Loss
5-Win
6-Win

and we only take 3,4 and 5 trades, we are in a loss. Therefore, now I am not doing trading all the day. When I am free, I spend some time to analyze the charts and find some opportunities to enter the trades. Please share if someone has a different story.

I use a couple of free signals. People that offer free signals are starters who is seeking for a big community base. When I use the free signals, I compare it with my own analysis. If both are saying same thing I will believe their signal and will be able to pay for it.
I only use my analysis as a test for recieved signals. In some cases, I test one recieved signal against the other and understand the one with better efficiency and I'll still stick to that until it is proven otherwise.
I do not have enough time to sit behind the screen and analysis thr market, and that is why I depend on the third party sometimes and not always to get into the market.
This might differ for you and others, the important thing is that you do what works for you.


Title: Re: Trading Signals vs Own Analysis
Post by: blockman on May 01, 2023, 11:10:05 AM
Laziness are always an enemy because first if you are not lazy to learn trading then for sure youll be getting the outcome you want but unless you are lazy you'll join signal group to find a trading signal that you will hit. When it comes to trading if you are lazy you'll not be getting any profit because in trading market is constantly changing that is why you need to adopt and learn always if you want to take out some profits in the market
Being lazy and being reliant on trading groups are going to teach you a lot of lessons. At least that's the consolation that you'll get from being like those. Having your own analysis will also teach you to become better but the first one which is about being lazy and dependent on signals groups, will teach you the hard way. It's why many of those aspiring traders have come against being dependent on them because it's either you learn nothing or you learn that next time, you'll avoid them.

as far as I know, those who use signals as a trading benchmark also do analysis. the people who follow it sometimes have no basis in their analysis, or only add to the accuracy of their own analysis.
Yes, those that are sharing their signals are also the ones that has their own analysis just as the members. And that's why there's not that much difference unless the member is zero knowledge in trading and in the market.


Title: Re: Trading Signals vs Own Analysis
Post by: jaberwock on May 02, 2023, 01:52:02 PM
Laziness are always an enemy because first if you are not lazy to learn trading then for sure youll be getting the outcome you want but unless you are lazy you'll join signal group to find a trading signal that you will hit. When it comes to trading if you are lazy you'll not be getting any profit because in trading market is constantly changing that is why you need to adopt and learn always if you want to take out some profits in the market
Being lazy and being reliant on trading groups are going to teach you a lot of lessons. At least that's the consolation that you'll get from being like those. Having your own analysis will also teach you to become better but the first one which is about being lazy and dependent on signals groups, will teach you the hard way. It's why many of those aspiring traders have come against being dependent on them because it's either you learn nothing or you learn that next time, you'll avoid them.
That's true, being lazy will result with many people losing money and then when they lose money because they believed in others, they will start to their own trading research and analysis. However, if they end up losing and still go for someone else because they are lazy, so they just change the people they listen to, then it is not going to be good.

All in all when we talk about all of this, I believe that we are not going to end up doing any better, and should be considering this as not a good thing. I know that people may end up with some trouble in the end, but that doesn't mean that they can't just continue to grind their own analysis skills and should not do that. I hope they do, but it will take a while to do that and they need to endure that process.


Title: Re: Trading Signals vs Own Analysis
Post by: Hamza2424 on May 02, 2023, 02:43:04 PM
I will recommend always going for the trading at your own analysis and this is just because just for self-confidence and experience because when we follow signals we take trades blindly and this is not how you can get experience. always remember experience is the most precious thing in any field and it costs a lot. If you even have to bear a particular amount of loss still you should prefer self-analysis. It gives you the experience under different circumstances and when you get pro you can achieve more efficient results as compared to the signal-following Person.

Don't get lazy start doing self-analysis right now --Hamza.


Title: Re: Trading Signals vs Own Analysis
Post by: Twentyonepaylots on May 02, 2023, 10:24:06 PM
Laziness are always an enemy because first if you are not lazy to learn trading then for sure youll be getting the outcome you want but unless you are lazy you'll join signal group to find a trading signal that you will hit. When it comes to trading if you are lazy you'll not be getting any profit because in trading market is constantly changing that is why you need to adopt and learn always if you want to take out some profits in the market
Being lazy and being reliant on trading groups are going to teach you a lot of lessons. At least that's the consolation that you'll get from being like those. Having your own analysis will also teach you to become better but the first one which is about being lazy and dependent on signals groups, will teach you the hard way. It's why many of those aspiring traders have come against being dependent on them because it's either you learn nothing or you learn that next time, you'll avoid them.
That's true, being lazy will result with many people losing money and then when they lose money because they believed in others, they will start to their own trading research and analysis. However, if they end up losing and still go for someone else because they are lazy, so they just change the people they listen to, then it is not going to be good.

All in all when we talk about all of this, I believe that we are not going to end up doing any better, and should be considering this as not a good thing. I know that people may end up with some trouble in the end, but that doesn't mean that they can't just continue to grind their own analysis skills and should not do that. I hope they do, but it will take a while to do that and they need to endure that process.

I agree with these since relying on trading analysis of others is not always the best thing to do as sometimes they do commit mistakes and end up losing a great amount of investment on trading. It is okay to make comparisons on others' trading analysis but we should know how to incorporate our own analysis so that we can create wise decisions on it. Also, your own analysis would teach you things and make your understanding on it further enough to be used as a great experience that can be applied in your future trading activities. All in all, I think it is still better for us to rely on our own trading analysis and signals.


Title: Re: Trading Signals vs Own Analysis
Post by: touseefahmad1999 on May 03, 2023, 01:22:14 AM
Your observations are correct. No signal group or individual trader can generate signals with 100% accuracy, and it's important to use caution when following signals or trading based on someone else's recommendations.

It's also true that even if a signal provider has a high win rate, it's important to consider all of their signals and not just pick and choose based on a few recent results. Trading requires a long-term strategy and approach, and it's important to remain consistent in your trading approach even if you experience a few losses.

Analyzing charts and finding opportunities to enter trades can be a good approach for traders who have the time and skills to do so. However, it's important to note that trading requires a significant amount of research, analysis, and discipline to be successful. It's important to have a solid understanding of technical analysis and risk management principles, and to be prepared for potential losses.

Ultimately, the most successful traders are those who have a well-defined strategy and approach, and who are able to remain disciplined and consistent in their trading activities


Title: Re: Trading Signals vs Own Analysis
Post by: cute nmp on May 04, 2023, 06:57:32 PM
I prefer during technical analysis on my charts and taking trades with my own signals.It is more consistent and profitable for me,Have spend lots of money on trading signals during my early trading days and to be fair there are not worth it and don't bring in consistent profits.It is much better to trade on your own or with help from professionals who can guide you.


Title: Re: Trading Signals vs Own Analysis
Post by: JeffBrad12 on May 06, 2023, 12:20:34 AM
many are saying that trading signal in general are easily being taken advantage of by the one that offered the trading signal while that true, one could always remember that not everyone are good in technical analysis and also good at reading the current circumstance using trading signal is fine but always thinks through before finally making the financial decision based on these signal.
trading is generally really difficult, much more difficult than just investing and I think every newbies will definitely incur losses, heck even veteran aren't different either, but the most essential thing is that one could always learn from it and as a result they can make real analysis instead of depending with trading signal but heavily depend on these trading signal aren't necessarily bad honestly.


Title: Re: Trading Signals vs Own Analysis
Post by: Inwestour on May 06, 2023, 04:56:50 AM
many are saying that trading signal in general are easily being taken advantage of by the one that offered the trading signal while that true, one could always remember that not everyone are good in technical analysis and also good at reading the current circumstance using trading signal is fine but always thinks through before finally making the financial decision based on these signal.
trading is generally really difficult, much more difficult than just investing and I think every newbies will definitely incur losses, heck even veteran aren't different either, but the most essential thing is that one could always learn from it and as a result they can make real analysis instead of depending with trading signal but heavily depend on these trading signal aren't necessarily bad honestly.
Investing is also not such a simple task as it might seem at first glance, it seems that there is nothing complicated, just buy and hold, but this is precisely the great difficulty, when to buy and when to sell.

Trading is just as hard and requires a lot of knowledge and time, much more time than investing if we are talking about day trading. But there is also medium-term and long-term trading, which is perhaps not much different from investing. But you need to trade only based on your knowledge, if we try to trade on someone else's signals, then this will not bring you much benefit, because you will not be able to develop your skills.


Title: Re: Trading Signals vs Own Analysis
Post by: bitgolden on May 09, 2023, 05:21:55 AM
I will recommend always going for the trading at your own analysis and this is just because just for self-confidence and experience because when we follow signals we take trades blindly and this is not how you can get experience. always remember experience is the most precious thing in any field and it costs a lot. If you even have to bear a particular amount of loss still you should prefer self-analysis. It gives you the experience under different circumstances and when you get pro you can achieve more efficient results as compared to the signal-following Person.
Self confidence is a risky subject though, because if you should not have it, then having it means it's a risk. So, do not follow others blindly and make stupid trades just because others told you, that part is true. However, do not trade with your own analysis if you do not know how to do that neither.

Some people do their own analysis without any prior education on the subject and they end up with a lot of money lost, that's a bad deal and should not be done, and I would highly suggest others not to do that. First learn how to trade and then you could make your own analysis and you could make a profit, that will be a lot better for you in the long run. That way, not only you will have self-confidence, but you will also have one that is deservedly there.


Title: Re: Trading Signals vs Own Analysis
Post by: Xampeuu on May 09, 2023, 06:31:03 AM
I will recommend always going for the trading at your own analysis and this is just because just for self-confidence and experience because when we follow signals we take trades blindly and this is not how you can get experience. always remember experience is the most precious thing in any field and it costs a lot. If you even have to bear a particular amount of loss still you should prefer self-analysis. It gives you the experience under different circumstances and when you get pro you can achieve more efficient results as compared to the signal-following Person.
Self confidence is a risky subject though, because if you should not have it, then having it means it's a risk. So, do not follow others blindly and make stupid trades just because others told you, that part is true. However, do not trade with your own analysis if you do not know how to do that neither.

Some people do their own analysis without any prior education on the subject and they end up with a lot of money lost, that's a bad deal and should not be done, and I would highly suggest others not to do that. First learn how to trade and then you could make your own analysis and you could make a profit, that will be a lot better for you in the long run. That way, not only you will have self-confidence, but you will also have one that is deservedly there.
the discovery of trading styles by own analysis requires a long process, and is always done by experiment. maybe when you do the experiment you will experience loss, but that is the knowledge you are looking for in order to gain confidence in a structured way, not just relying on self-confidence but full of calculations so that you stay on a safe trading path according to the portfolio that has been planned. most people actually experience over-confidence because they have been able to make a profit in one or two trades, and the rest they are very confident, which is precisely this kind of trait that will bring disaster in the future


Title: Re: Trading Signals vs Own Analysis
Post by: EarnOnVictor on May 09, 2023, 01:12:50 PM
many are saying that trading signal in general are easily being taken advantage of by the one that offered the trading signal while that true, one could always remember that not everyone are good in technical analysis and also good at reading the current circumstance using trading signal is fine but always thinks through before finally making the financial decision based on these signal.
trading is generally really difficult, much more difficult than just investing and I think every newbies will definitely incur losses, heck even veteran aren't different either, but the most essential thing is that one could always learn from it and as a result they can make real analysis instead of depending with trading signal but heavily depend on these trading signal aren't necessarily bad honestly.
Investing is also not such a simple task as it might seem at first glance, it seems that there is nothing complicated, just buy and hold, but this is precisely the great difficulty, when to buy and when to sell.

Trading is just as hard and requires a lot of knowledge and time, much more time than investing if we are talking about day trading. But there is also medium-term and long-term trading, which is perhaps not much different from investing. But you need to trade only based on your knowledge, if we try to trade on someone else's signals, then this will not bring you much benefit, because you will not be able to develop your skills.
Both investment and trading are good, but I'll always tell people to go for what they have the psychology and risk appetite for. Trading is tougher than investing, but still, when the two are carelessly handled, they could be catastrophic. Nonetheless, handling your trading yourself is the best and the person that gives it all it takes to learn and fully understand the two might earn easily from them, but such must be ready to learn beyond knowing merely knowing trading strategies.

My understanding of the failure in trading and investment is not for the lack of good strategy but for the lack of the proper management, right mental state for trading and plan.


Title: Re: Trading Signals vs Own Analysis
Post by: milewilda on May 09, 2023, 07:10:36 PM
many are saying that trading signal in general are easily being taken advantage of by the one that offered the trading signal while that true, one could always remember that not everyone are good in technical analysis and also good at reading the current circumstance using trading signal is fine but always thinks through before finally making the financial decision based on these signal.
trading is generally really difficult, much more difficult than just investing and I think every newbies will definitely incur losses, heck even veteran aren't different either, but the most essential thing is that one could always learn from it and as a result they can make real analysis instead of depending with trading signal but heavily depend on these trading signal aren't necessarily bad honestly.
Investing is also not such a simple task as it might seem at first glance, it seems that there is nothing complicated, just buy and hold, but this is precisely the great difficulty, when to buy and when to sell.

Trading is just as hard and requires a lot of knowledge and time, much more time than investing if we are talking about day trading. But there is also medium-term and long-term trading, which is perhaps not much different from investing. But you need to trade only based on your knowledge, if we try to trade on someone else's signals, then this will not bring you much benefit, because you will not be able to develop your skills.
Both investment and trading are good, but I'll always tell people to go for what they have the psychology and risk appetite for. Trading is tougher than investing, but still, when the two are carelessly handled, they could be catastrophic. Nonetheless, handling your trading yourself is the best and the person that gives it all it takes to learn and fully understand the two might earn easily from them, but such must be ready to learn beyond knowing merely knowing trading strategies.

My understanding of the failure in trading and investment is not for the lack of good strategy but for the lack of the proper management, right mental state for trading and plan.
In the end of the day, it would really be still depending or varying on your own preference because not all would really be having on the same interest and same choices whenever they do encounter some things in life.
If you do tend to engage with trading then of course you would really be needing to choose up or would discover on your own when it comes to strategies and ways for you to make trades.
Some people do love on the most easiest way or convenient on which they would rather be waiting for someones trading signals and would be applying those things and be using it up on their own trades,
without even trying to realize that its never been that worth on doing so, considering that market is speculative and it doesnt really have no sense when you do follow up someone just
because you do like. Well, its your money then its your rules on how you would really be gonna handling it, but talking about realistically and wisely on which it would be better
to depend on your own.


Title: Re: Trading Signals vs Own Analysis
Post by: MIner1448 on May 09, 2023, 07:38:32 PM
You seem to be drawing the right conclusions from your experience in trading. In fact, no one can guarantee 100% accuracy of signals, so traders should be prepared for potential losses and risks. However, if you can achieve an 80%-90% success rate on your trades, this can be very profitable for you.
It is also important to understand that every trader has their own style and strategy. Some may prefer to use signal groups, while others may spend time analyzing charts and looking for opportunities to enter trades. It depends on your personal preferences and trading experience.
In any case, for successful trading it is important to have a good understanding of the market and your strategy, as well as be able to manage risks. I wish you good luck in your trading!