Benefits Of Using Trading Signal Services And Tools

[arwin100]

I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.

It somehow helpful but we should choose atleast the best signals givin by a reputable trader since they are the one who can give a possible insights but this one is so hard to find right now and even if someone gives it to us maybe its good to read up what coins they are showing since we might get a trap if certain coins hype up for them to get a profit so studying on what coins to buy is a must so that we can learn on how to trade properly without or with signals provided by someone we call trading coach.

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[TinaK]

I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.

What if one day when you believed too much in the signal group that you have joined but instead of having profit it was just a trap that could easily wipe out your money in just a matter of an hour. Maybe it can help to join a group but don't rely on them, instead, make them experienced so that you will gain knowledge. Gaining knowledge is very important in trading, if you have 10 streaks lose, just think it over that you will recover you lose.

Overall, it is a very good idea to join a signal group, but it could be destroyed your dream house there.

[ultrloa]

I strongly agree on OP's post it is very explained it well. Yes, you can have benefits of using signal services and tools but don't rely upon them. Instead, use them as your reference and you can be compared your work and research towards them. But when it comes you relying on them, I suggest NO. Just like me when I was on trading before(but now I just take my break), I used trading tools(gunbot) and also joining a hype group. But I never follow what they say instead, I always taking an advance against their plan.

If you have a good understanding of trading, it will still be  quite difficult for you to select the coin to trade with. Here where the trading signals groups can help you. Since they publish 3 to 4 trading ideas per day, you can then use your knowledge to take the trade. Once you get experienced, you can then trade without the help of any signals.

What if one day when you believed too much in the signal group that you have joined but instead of having profit it was just a trap that could easily wipe out your money in just a matter of an hour. Maybe it can help to join a group but don't rely on them, instead, make them experienced so that you will gain knowledge. Gaining knowledge is very important in trading, if you have 10 streaks lose, just think it over that you will recover you lose.

Overall, it is a very good idea to join a signal group, but it could be destroyed your dream house there.

Well that could possibly happen if you join in new group which doesn't have credibility upon giving signals yet and you will be at risk for following their given signals that's why if you want to follow something like this you need to search those who have huge community then check if the signals given have a basis or reliable sometimes, but it doesn't mean that you will follow them since it always important that you do your own research to avoid losing your money on bad trades.

[michellee]

If that is your benefit, you can still use that trading signal and try to make a profit because, for me, I better learn more about trading and not using any trading signal services. I never heard about that company you mentioned so I think it will not be good for other people or me to follow you. Doing trading needs skills from ourselves that we get from learning many lessons. If you only follow the trading signals without learning by yourself, you will regret it in the future, especially when the service is not available anymore.

[palle11]

If you only follow the trading signals without learning by yourself, you will regret it in the future, especially when the service is not available anymore.

Moreover too very many trading groups are not giving the accurate signal for you to make profit. If they want to pump a coin they don't let you know that is there plan but they ask you to go buy that coin which will automatically increase the volume and price too, they dump there hodling while you still hodl because there price have appreciated. In business, the next man want to beat the other man so better learning your skill by yourself and be independent.

[bitgov]

Personally, I find it very irresponsible to rely on paid signals when making investment decisions. If someone doesn't know how to trade, they just shouldn't. In my opinion, paid signals simply prefer to get paid when someone else is risking money. They're just afraid to risk their own money.

[hodlvalley]

This is really a subjective field, not all trading signal tools and services are made equal. Some are based on rigidly backtested strategies utilising machine learning, probability, risk adjustment, reliable trading patterns, while others are based on the subjective whims of self-proclaimed gurus. Like anything in crypto or investing, doing your own research, only investing in things you understand, and managing your risk are all critical in being successful and minimising your downside.

[JariKriting]

how much price follow your signal
youre link share can't access, and how much percentage accurate youre signal

[blatchcorn]

Personally, I find it very irresponsible to rely on paid signals when making investment decisions. If someone doesn't know how to trade, they just shouldn't. In my opinion, paid signals simply prefer to get paid when someone else is risking money. They're just afraid to risk their own money.

Paid signals are highly not recommended. If they are that much capable then why they themselves are not making money on there own signals rather selling them for few bucks. Its your own hard earned money and it must be invested on your own decisions.

Take risk, either you win or you learn something.

[virasog]

My understanding is that with trading signals, you can make some judgments with more confidence.

How can you become confidence of your trading skills when you really on other signals. Old school traders will tell you that you need to sharpen your skills by doing a lot of leg work, i. e. spend countless hours to learn how to make your own TA. So I'm still at shock as to how people go and join paid trading signals just to make profit. My philosophy is that you really need to bust your ass to learn and be knowledgeable in this field of trading. There's no replacement and joy seeing you make improvement and making good money by doing the hard work first, just saying.

People buy paid signals because they are too lazy too learn the trading themselves. But the fact is that most of the paid channels provide useless signals or copy paste from other groups.

Anyways i just tried to open the site to check the prices of paid group but it look like site is down.