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Author Topic: Please be careful with traders who....  (Read 12748 times)
adaseb
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May 01, 2019, 10:21:33 PM
 #101

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

But if someone is advertising a way to you to make easy money, don't you ask yourself why he's making this information public rather than profiting on his strategy on his own? It's the same with these private Pump&Dump groups where you have to pay to get access. These are only looking for people to buy their bags.

Yes it does seem like common sense. Basically its like that saying. Give a man a fish you feed him for a day, teach a man to fish you feed him for life. In the capitalistic world, you wouldn't teach a man to fish you instead would sell him fish everyday. This is a great analogy and most people don't understant and they fall for these scams.

Some of these private courses or trading groups have even answered the question "Why are you providing this secret info, when you can instead trade yourself and make more money instead of selling your course? And the replies were ridiculously like "I want to be like Robin Hood and help the poor", etc and people actually still believe these guys and they buy a membership anyways.

They lose money on the membership and they also lose even more money trading the markets.
rodel caling
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May 01, 2019, 11:17:56 PM
 #102

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."


Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)



Thanks op for the reminder and advisor to the community, not just nly the newbies get victim of that private group.

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.


i get want you to deliver about this op thread because some or the trader are use their knowledge to get easy money but some of this group are scammers.
Tervelatuk
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May 02, 2019, 01:42:41 AM
 #103

I don't see any logic in those words. I have examples of really successful traders who conduct training courses for beginners. If he has the knowledge, why not make an extra profit on it.

But if someone is advertising a way to you to make easy money, don't you ask yourself why he's making this information public rather than profiting on his strategy on his own? It's the same with these private Pump&Dump groups where you have to pay to get access. These are only looking for people to buy their bags.
profesional trader never ask to other people to pay them if we want to now their strategy or teach us.maybe focus on their trader in order to get more profit be their reason for this.
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May 02, 2019, 04:57:36 AM
 #104

Until now i not trust about everything like that. Because i don't have much money to pay them and maybe it is only work for people with high capital. So they are can pay tutor and then get info from that. At least their trading capital  and profir will cover what they paid instantly.

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neonshium
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May 02, 2019, 05:25:27 AM
 #105

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."


Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)
Well not all of them will be a scam, the truth is that it would get to a time in your career when you will want to get some people on board to continue your legacy because you just want to make more and do lesser work than you have been doing, and this most of the time can only be done by creating a network of traders, and just picking up people and training them to be traders won't work out, because they won't value what they didn't pay for.
StarofBTC
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May 02, 2019, 07:37:57 PM
 #106

If they are not good with TA and they want to profit, of course they will pay for it.
For me, this is not good for your long term journey in trading, you cannot rely with these paid service all your life as a trader as they could also gone wrong sometimes, you know, when there's money involve lots of things could happen.

If you learn on your own, you can improve your strategy and you will be more fulfilled as a trader.
Thanks for the perfect advise, those who rely on people to trade for them rely does not understand what they are given out, not only the profit, but it feels to me as if they are selling of their birth right and the legacy they would have laid down for their children.

Those who are trading for them have already gone through the training and stress in life, and their children will never pay for such knowledge, because it will be passed on to them freely.

These people will not operate the section for life, so what happen to us after they are no longer in existence? We really need to keep these lazy attitude aside, especially for those that are still very young with fresh brains, they are things that can be learnt and out into practice to become guru too.
GregH37
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May 03, 2019, 12:22:53 PM
 #107

Even me i can do it my self for trading even im also a newbie. Because you can search and watch how to start from trading for crypto usually you can find in google.
Trading is not the challenge of many people here, it can easily be seen on the TV and fells very easy, but when a trader is faced with the live practical of trading, then we will understand how trading can be difficult. What scares majority of people away is not how to place but order or sell order, those are very simple tools that even a 10 years old child will be able to do.

The major thing that scares people away is making decision using analysis to place trade, when it comes to technical analysis, there are so many indicators that needs to be fully studied before they can be used too, but this looks quite very difficult for some people to understand and would rather pay someone to trade on their behalf or help them with signals.
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May 03, 2019, 01:20:37 PM
 #108

Even me i can do it my self for trading even im also a newbie. Because you can search and watch how to start from trading for crypto usually you can find in google.

YouTube also offers a lot of channels on crypto trading. Yes, they also advertise some trading schools but it does not mean that you must deal with them. It will be enough to follow the tips given in these videos and to practice.
geegaw
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May 03, 2019, 03:19:26 PM
 #109

Until now i not trust about everything like that. Because i don't have much money to pay them and maybe it is only work for people with high capital. So they are can pay tutor and then get info from that. At least their trading capital  and profir will cover what they paid instantly.
I also never believe in traders who are operating closed groups or selling courses or something like that, even if I have all the conditions to pay for participation, I still don't want to stick to them because one thing is very simple, if they can really make money from the knowledge they provide, they will not need us, no one is free to share the tools and methods to make their money with others, career knowledge and experience are always secret. They just want to take advantage of inexperience to cheat us, stay away when these people find ways to reach us, don't believe what they show


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Osarman
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May 05, 2019, 07:26:51 PM
 #110

"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."


Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)
That is the truth!  Were do we have time to began to do consultant as traders.  If you do want to be an expert there is a lot of things you are to learn and you really need to developed yourself . Many people claim to be an expert are not even traders.
To be honest, one should never stop learning about what they love to do. Even if you are free and are not working, something you should be thinking about is the work you love. Love to do research about crypto and do it daily make it a habit and only then the complex phenomenon could be solved. You have to have great knowledge to make thing happen and not with few words about the market price or trading.
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May 05, 2019, 08:01:13 PM
 #111

That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.
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May 05, 2019, 08:25:05 PM
 #112

That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.

You can find people ready to help for free on forums and you can learn yourself by reading predictions of other traders and understanding their way of thinking. It's not really difficult when you understand the basics of market psychology and TA indicators.

Paid groups aren't there to make you rich but the leader. There are many so called teachers on youtube and most of them aren't successful in their trading because if they were they wouldn't be selling you tips for a few dollars.
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May 06, 2019, 07:24:10 PM
 #113

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful
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May 06, 2019, 07:27:24 PM
 #114

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful

Don’t be so categorical Smiley Caution is vital, of course, but there are a lot of worthy new platforms which develop their services not with the aim to cheat you
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May 06, 2019, 07:34:06 PM
 #115

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful

Don’t be so categorical Smiley Caution is vital, of course, but there are a lot of worthy new platforms which develop their services not with the aim to cheat you

But their amount is incomparable. Just take a look on plenty of contests, bounty programs! People really believe they can win money in it, lol
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May 06, 2019, 07:38:44 PM
 #116

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful

Don’t be so categorical Smiley Caution is vital, of course, but there are a lot of worthy new platforms which develop their services not with the aim to cheat you

But their amount is incomparable. Just take a look on plenty of contests, bounty programs! People really believe they can win money in it, lol
Agreed. Honestly I have never participated in such programs. Can you give an example of at least one?
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May 06, 2019, 07:43:01 PM
 #117

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful

Don’t be so categorical Smiley Caution is vital, of course, but there are a lot of worthy new platforms which develop their services not with the aim to cheat you

But their amount is incomparable. Just take a look on plenty of contests, bounty programs! People really believe they can win money in it, lol
Agreed. Honestly I have never participated in such programs. Can you give an example of at least one?

https://medium.com/velvet-exchange/our-first-bounty-program-launch-participate-and-get-the-reward-70bd5c7de213?fbclid=IwAR3NlRF7Q5dQ_J8KqYHbo3DT51baawZik9zXQrHtaofkh_gVGf5mLlj3rNE They are launching their first bounty program, gonna try it
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May 06, 2019, 07:46:27 PM
 #118

Absolutely! There are a lot of frauds in this sphere, especially among numerous new platforms, it’s awful! We all must be more careful

Don’t be so categorical Smiley Caution is vital, of course, but there are a lot of worthy new platforms which develop their services not with the aim to cheat you

But their amount is incomparable. Just take a look on plenty of contests, bounty programs! People really believe they can win money in it, lol
Agreed. Honestly I have never participated in such programs. Can you give an example of at least one?

https://medium.com/velvet-exchange/our-first-bounty-program-launch-participate-and-get-the-reward-70bd5c7de213?fbclid=IwAR3NlRF7Q5dQ_J8KqYHbo3DT51baawZik9zXQrHtaofkh_gVGf5mLlj3rNE They are launching their first bounty program, gonna try it

Cool! If  you know what you say I think I’ll try, thanks for sharing

Vaculin
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May 06, 2019, 11:49:51 PM
 #119

That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.

You can find people ready to help for free on forums and you can learn yourself by reading predictions of other traders and understanding their way of thinking. It's not really difficult when you understand the basics of market psychology and TA indicators.

Paid groups aren't there to make you rich but the leader. There are many so called teachers on youtube and most of them aren't successful in their trading because if they were they wouldn't be selling you tips for a few dollars.
It would still be good if you learn trading from your own efforts through keeping on learning from this crypto market. Experience is also a great teacher so do not be afraid to take risks because crypto market is really risky even in the first place. Do not just rely on other groups who offer good trading strategies because i really believe good traders here have no more time teaching others because they are too busy doing their own trading too.
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May 07, 2019, 03:34:21 AM
 #120

That's not exactly good advice. Still, there are people who want to learn trading and there are traders who are willing to help them in this. Of course you should be wary of little-known channels in the telegram that offer such services. If you want to learn, then contact only the trader you trust.

You can find people ready to help for free on forums and you can learn yourself by reading predictions of other traders and understanding their way of thinking. It's not really difficult when you understand the basics of market psychology and TA indicators.

Paid groups aren't there to make you rich but the leader. There are many so called teachers on youtube and most of them aren't successful in their trading because if they were they wouldn't be selling you tips for a few dollars.
It would still be good if you learn trading from your own efforts through keeping on learning from this crypto market. Experience is also a great teacher so do not be afraid to take risks because crypto market is really risky even in the first place. Do not just rely on other groups who offer good trading strategies because i really believe good traders here have no more time teaching others because they are too busy doing their own trading too.
I think every trader has their own characteristics, some of them don't like sharing, but some of them like to spread tips and sharing. maybe I don't like paid groups for trading tips, because in my opinion if the owner has their skills it could be rich from those tips right? not using other traders to get rich from subscribing
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