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Author Topic: Trading by follow signals. Is it good?  (Read 26741 times)
hirngespenst
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January 19, 2019, 08:38:55 PM
 #481

It's been one year, this thread still active! Now, I think most of the signals group will be dead or they will stop making signals! Because 90% of signals came only for cryptopia exchange. But after a massive hacking attack, I think people will stop following Cryptopia! And I want to mention once again, don't trade by following any signal, try to make own strategy, don't lose hope if you lose in the trade, rather keep practising!

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January 31, 2019, 06:38:24 PM
 #482

A great number of such groups is scam and spam.
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February 04, 2019, 05:53:06 AM
 #483

that's a better idea, then I'll try to join a group of signals about trading processing, because for me it's a better idea for new ones, as I have not really experienced too much in a trading so I'll try it will improve and help those who do not know how to process trading platforms.
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February 04, 2019, 01:59:24 PM
 #484

Signal groups are a lottery, are governed by a technical analysis based on lines and indicators that have nothing to do with the market, groups of signals makes people not learn to understand the market, I think it is a marketing for make people lose money in a very easy way, because if they won with signals they would not make any group.

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February 04, 2019, 02:05:42 PM
 #485

On this forum we learn everyday. And it is a forum so that we can share our views and experiences round.
But which signal are you talking about?
Do you mean studying the crypto market scale, in order to know when to sell? If that is it, then.
It is a good idea, but most times your desecration matters. 

a 
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February 04, 2019, 02:26:38 PM
 #486

that's a better idea, then I'll try to join a group of signals about trading processing, because for me it's a better idea for new ones, as I have not really experienced too much in a trading so I'll try it will improve and help those who do not know how to process trading platforms.

Instead of following other trading signals it is very good to learn from expert videos because some time signals cannot give profit. We have to follow the trading strategies which will help us to learn new things and new trading techniques instead of following other people signals.

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April 24, 2019, 07:01:17 PM
 #487

Is only when you follow a high quality signal provider . take a look at " Bitcoin insight pro " this signal provider has performed nearly 90%  https://t.me/mxisignals
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August 05, 2019, 02:09:13 PM
 #488

In my opinion its a good idea for newbies. But over time you should start to make your own analysis and rely on yourself
Btw ive already seen analysis about new active trade signal of bitcoin which is prepared by Monfex
It looks like this
Active Trade Signal:
- Buy at $11,000
- Stop-loss at $10,500
- Take-profit at $12,500
- Forecasted P&L: $3,000 per 0.1 lot with 20x leverage on Monfex Exchange
- Risk/reward ratio: 1:3 (very attractive)
What do you guys think about this ?
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August 21, 2019, 11:54:30 PM
 #489

Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

In my thought it's not a safe thing that you are going with. I highly recommanded that leave those kinda group and save your money. Yes you are right sometimes you got your way but not every time. It's better way you learn and fail and teach yourself. Believe me or not those things is not part of trading it's more than that. Save your self before you lose too much.

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October 21, 2019, 03:08:09 PM
 #490

Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

I found these ones to be good https://learn2.trade/forex-signals/ they have tons of free trading education on the site as well so you won't need to have Forex Signals forever.
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October 21, 2019, 05:25:27 PM
 #491

Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin
Trading paid signal is working in specific exchanges i mean one signal is not working in the random exchanges. But i don’t recommend this type of signals because you will never learn regarding crypto trading if you will always follow the paid analysis. Personally my experienced is very bad with signals i bought some signals for the trade in Binance but i lost my initial money. But i heard a lot of traders got huge profit by signals.                              



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October 21, 2019, 08:51:26 PM
 #492

I always start trading by following the market signals because without signals you are blind. The market signal is showing price momentum and how good the coin is performing. Once you see a coin with a good market signal that is one to invest in and make money without wasting any time. 

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October 27, 2019, 03:30:04 PM
 #493

Never trust such signal groups. They know how to advertise and market themselves. Their main targets are new traders who are looking for easy money through trading cryptos. They usually play pump and dump. Before giving the signal, they buy a coin and then sell after the signal is given. This helps them in making quick bucks and the fee you people pay to subscribe their signal service is added income. So, they enjoy dual benefits. Don't fall for such scams.

 
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October 27, 2019, 06:46:00 PM
 #494

Never trust such signal groups. They know how to advertise and market themselves. Their main targets are new traders who are looking for easy money through trading cryptos. They usually play pump and dump. Before giving the signal, they buy a coin and then sell after the signal is given. This helps them in making quick bucks and the fee you people pay to subscribe their signal service is added income. So, they enjoy dual benefits. Don't fall for such scams.
not all are bad, I see some of them have analytics and movement charts that have accuracy, they even provide Twitter updates of each coin very quickly, they only sell their analysis. But unfortunately there are many channels that really like your comments, and here really need a personal filter.

I joined the VIP on the channel after many questions and answers with the owner, and always debated if our analysis was different, and here we have complementary views.

 
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October 27, 2019, 07:14:11 PM
 #495

not all are bad, I see some of them have analytics and movement charts that have accuracy, they even provide Twitter updates of each coin very quickly, they only sell their analysis. But unfortunately there are many channels that really like your comments, and here really need a personal filter.

I joined the VIP on the channel after many questions and answers with the owner, and always debated if our analysis was different, and here we have complementary views.

I'm sure that between all those scammy signals group there must be like 1% actually quality groups. But whenever I think about this I wonder myself why would any consistently profitable trader spend time to give other people signals for MONEY? Isn't he supposed to make money if he is a good trader? The truth is that most signal providers are nothing more than analysts, therefore they don't have any skin in the game like traders do. They just draw the lines, look at indicators & interpret them. They don't employ any trading strategy or good risk management principles though.

 
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October 28, 2019, 01:06:52 AM
 #496

I think it is good for people who are new in trading and following their strategy would make them a profit but it will depend on how much amount they are spending. Just be cautios because some people use their strategy to make a signal of pump or dump that's why you need to check if they are legit or scam.

Better to check some website that is providing good strategy and tactics avoid those who are recruiting you to join their group for pump and dump scheme because you will just spend and may loose your investment.

 
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October 28, 2019, 01:38:48 AM
 #497

I think it is good for people who are new in trading and following their strategy would make them a profit but it will depend on how much amount they are spending. Just be cautios because some people use their strategy to make a signal of pump or dump that's why you need to check if they are legit or scam.

Better to check some website that is providing good strategy and tactics avoid those who are recruiting you to join their group for pump and dump scheme because you will just spend and may loose your investment.
Nowadays, it's too difficult to choose a legit one. Usually the legit one requires a monthly, weekly, or yearly subscription in order for you to see their signals. Trading signal is a business thing for me. There is no professional and too generous trader at the same time because if he's a really professional trader, he'll ask payment for his service in the first place because that is how it supposed to be. Nothing is free in this world.

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October 28, 2019, 06:30:21 AM
 #498

It's been one year, this thread still active! Now, I think most of the signals group will be dead or they will stop making signals! Because 90% of signals came only for cryptopia exchange. But after a massive hacking attack, I think people will stop following Cryptopia! And I want to mention once again, don't trade by following any signal, try to make own strategy, don't lose hope if you lose in the trade, rather keep practising!

Some trading signals I joined on telegram are not working now  Grin

I joined trading signal group but never instantly follow their trading signals or advise. I do my own research and their forecast is for reference only.I only compared their forecast and I do reach news, check fundamentals and technical analysis etc. Its better to be educated so that you can freely make any decisions without the  suggestion of others,

 
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October 28, 2019, 06:46:31 AM
 #499

i think, trading by following signals is good for beginners, as they are totally blind to how the market works etc etc. but once you've gained knowledge about everything and know how to use charts to your benefit, there is no point of trading by following the signals.
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October 28, 2019, 07:00:30 AM
 #500

Following trading signals from some trader is the same as following tipster in sportsbetting, the good ones usually cost money! Free ones are free for a reason, someone decide to try it out and maybe had luck few times, that`s not mean anything, so before you start to invest higher amounts of money you should test it with some low amount.
My experience with free trading signals is 50/50, so nothing special. Until now I didn`t find a place for trading signals that have higher rate of good trading signals.

 
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