Please be careful with traders who....

[gabbie2010]

And also we can add one more point is no one will share their winning strategy to anyone so if someone selling that means they just want to make money from nothing,if they have skills they can make it by themselves.

Honestly I don't subscribe to those shit paid signals I was made to understand that they earn more by selling a non consistent winning signals, a friend of mine had quit such services  researched and came out with a good strategy which he had been using thus making some profits for him although it is a forex strategy having spent huge amount of money on the so-called paid signal groups without any achievement.

[adaseb]

Years ago when I started with stock trading I've also subscribed to these groups. They are generally never on a free trial and you have to join for at least a month which is usually in the $250+ range all the way up to $1000 or so.

The problem is that you usually get the signals way too late, you would need to not have a day-job to be able to catch them. Because sometimes you miss the trade and it ends up being profitable and you are left out.

Another issue is that its hard to tell whethey they actually make any money or not. The trades are usually delayed and sometimes its almost as they are trading in hindsight. Like they buy a stock, tweet about it 5 minutes later, and price is already up 1-2%, and then you buy and the price goes down, and then another late tweet comes saying they sold 5 minutes later. So who knows whether they actually took those trades or not.

[Genemind]

I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.

[BeGoods]

I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.

Think that only you can predict prices in the market, only you can see where the market will occur. we are fed up with the speculation that arises, it's just a hoax to manipulate something, so it's enough to follow the instructions of other traders!

[bagalkot]

It is always good to research own analysis and then do trading, you can read the analysis of other users but dont trade on that blindly. Just take some time and read the market and then read the other analysis of users and come to a point where you can do your own calculation and then do trading on it. So if anything goes wrong you wont feel sad that you traded on other person or group reports.

[b3llsf1l3s]

I've seen a lot of people shilling on twitter about their paid private group in 2017 prior to the bull run. A lot of them fizzled out when the bear market hit last year.

Before subscribing to them, consider that they're not really earning much from trading that's why they're selling something else.

honestly I still really doubt the group like this, do they always get the profit they are promoting. but after seeing a number of reviews from people who have joined, this group or channel cannot provide profit at all. Even private group can't guarantee that we can even get profit.

[carlfebz2]

"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.)

You might able to say that those advisors do seek out some extra source of income?If we do think clearly if they do generate out profits then getting amount from subs
wont really be that enough or can even break even on the amount that they can potentially earn when they do go full time on trading and also it isn't really that necessary for us to have those advisors yet
we can self-learn and all sources are available online,all you need to do is to research.

[maydna]

I've seen a lot of people shilling on twitter about their paid private group in 2017 prior to the bull run. A lot of them fizzled out when the bear market hit last year.

Before subscribing to them, consider that they're not really earning much from trading that's why they're selling something else.

honestly I still really doubt the group like this, do they always get the profit they are promoting. but after seeing a number of reviews from people who have joined, this group or channel cannot provide profit at all. Even private group can't guarantee that we can even get profit.

I am sure they are taking a profit from people who joined them. But for the people, I don't think that they can easily take the profit like them because they know what the next thing that they want to do but people don't know and only follow their direction which is not always good. Perhaps, some people can take the profit, but other people cannot take a profit. It still better to analyze by yourself so you will learn many things related to trading and if you can learn more and more, I am sure that you will make a huge profit too.

[whirlcoin]

"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.)

whenever we are in any type of groups we need to be alert and careful when something was going wrong for our thoughts and it will be the most important point that we have to follow every time the traderr should not feel comfortable.

[omonuyak]

I agree with this statement. Why do we have to subscribe to different trading signals if we can actually look for better tools to learn about the basics of trading?
We might get fooled by people around us and its a risky move.
How can we be sure that they're successful traders as what they're claiming?
Let's not rely our opportunity to learn with the crypto opportunist.

Many of them are making claims in other to deceive us.  Be careful like op said is the best solution to this scams that hide under the expertise of trading to give you signal that some of them cannot even risk their capital for it.  We should becareful and learn everything about cryptocurrencies ourself.

[Oceat]

I've seen some real traders who do tutorials about the basics but not really teaching how to make a profit and most of them are forex traders. They don't actually collect people to gather and tell this and that. They just put the tutorial so that everyone could actually understand the essence of trading.

And for those people on YT who do tell that they were gaining profit from this and that but never post the real result of their daily trading then i don't bother to watch them since they just want you to watch their channel. And all they have been telling was a pure BS to me if they don't show some results.

[jak3]

it's not always the same, as OP has said many good traders are busy at trading and hardly can afford time for teaching someone. Yes, it's true but not ever a good trader is always trading. what makes a trader good is balancing his trading and personal health together. its also true that there are many distracting courses out there who are simply going to waste your time but do learning something is really a waste? doesn't it add experience and of course practical experience is the main stuff in trading so just keep trading.

[dmty.0809]

Most of them are looking for ways to cheat, we make payments and then they disappear and we don't get any knowledge. I would rather meet face to face for a mentor.

[Polar91]

Most of them are looking for ways to cheat, we make payments and then they disappear and we don't get any knowledge. I would rather meet face to face for a mentor.

Indeed. Some are legit as there are professional traders that only trade at the morning and trade for a short period of time. They are waiting the market to open so they can get in first then after they accumalate decent profit, they'll just close their position and continue doing their stuffs like learning something new or teaching other in trading.

[Finestream]

Most of them are looking for ways to cheat, we make payments and then they disappear and we don't get any knowledge. I would rather meet face to face for a mentor.

So it's more safe for us traders not to be engaged with them anymore.If we really want to learn more about trading,there are free demos available in youtube or even this forum alone can give us decent tips that can be of great help particularly for newbies.Just keep on trading and i'm sure you will be more skilled as time goes by.

[xvids]

"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.)

I just don't get it why would they rely their money on others if they could do it on their own.
Yeah they would lose some but at least they would gain experience from it and they could use it for the long run.
Unlike those who they would pay to trade for them.

[Pamadar]

"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.)

I just don't get it why would they rely their money on others if they could do it on their own.
Yeah they would lose some but at least they would gain experience from it and they could use it for the long run.
Unlike those who they would pay to trade for them.

Not good if you will hire someone to do it for you without any knowledge, if you really wanted to have this kind of stuff you should also learned it so if someone coaches you, understanding the risk will be manageable, it have to be gained alongside of assistance, there's something that you can learn and use after.

[Danslip]

"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.)

It is not recommended to believe in these guys who want to sell service or monthly trading packages to the customers. Newbies fall to this trap easily and there is no exit from there if you don't have enough practice.

[EdenHazard]

Most of them just know the theory but when try to trading he only gets a loss. I have came to such a group and the admin give a lot of signal every day but I just weird when I matched to the chart it is really different their signal just make some people loss. Also, for those people who assume that he is an expert in trading field but he try to  engage some people to join in his group with free that something weird. He sold their theory with free and that thing is impossible, so there is no one who can be trust related to money.

[michellee]

Most of them are looking for ways to cheat, we make payments and then they disappear and we don't get any knowledge. I would rather meet face to face for a mentor.

That happens with some of my friends. They don't research the groups, and they never try to learn about the analysis, so they use the telegram groups channel to get the sign. I always warn them, but they never listen to me, so I let them decide to continue or stop right away before it's too late to them.