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Author Topic: How can I get trade signal to make more profit?  (Read 191 times)
Raihan.arh (OP)
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May 29, 2021, 02:16:59 AM
 #1

I am new in trading. I am using Binance & KuCoin for trading. But many of time it seems that,  I sold a token then its price was dumping. I am little bit tensed for this. I think i have to more study about every token before buying. But, I am hearing about trading signal. How and where i get profitable & legit trading signal?


Your advice help me a lot.
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May 29, 2021, 04:20:35 AM
 #2

Not worth it going for this trading signal providers because they don't do anything but make money for themselves and not their subscribers. Learn how to trade, read the news related or remotely related to the coin you are investing. You will probably have more money made if you go for trading bots because it makes trading more convenient although you need some technical skills to tweak it to your specifications.
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May 29, 2021, 05:47:27 AM
 #3

There are plenty of free signals however you can find their signal not accurate or let say, that much profitable. Of course that's also a prediction movement and only basing on their personal technical analysis. Those are not 100% guaranteed. Even you paid them via special signal. Yes there are some good ones but you can also study on your own how the market will behave and learn from it. No need to pay such fee for un sure signal. At least if you it on your own, you'll don't have regrets since you are relying on yourself.

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May 29, 2021, 06:10:58 AM
 #4

This is a question that often arises from novice traders when they see their trading is not going as expected and think trading signals is a solution.
Following the trading signal does not mean that you will get a profit, because there must be an inaccurate analysis that shared, especially when you enter the market at the wrong time, it is better to improve your trading skills while the trading signal ofcourse the free one, is only for comparison with your own analysis.

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May 29, 2021, 06:21:38 AM
 #5

90% of what is on the internet are pump signals and most of them are paid. The provider only wants your money and does not guarantee in this case whether they just forward another premium signals instead based on their own analysis, maybe they are not actually traders.

If you want to become a professional trader, then start with yourself. Over time you will gain a lot of experience so that you will understand the placement of the right strategy for a particular market situation, the wrong analysis which must be corrected and improved.

If you are just looking for a trade signal from the start, you will depend on it forever and it is difficult to gauge your own abilities.

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May 29, 2021, 06:42:46 AM
 #6

I am new in trading. I am using Binance & KuCoin for trading. But many of time it seems that,  I sold a token then its price was dumping. I am little bit tensed for this. I think i have to more study about every token before buying.~
Most people who tried something on their first encounter are not gonna get a successful outcome. It is a good thing tho, that you already have a clue why researching cryptocurrencies before investing/trading is essential. Worth to mention, that Bitcoin is an experimental project, and so does all the cryptocurrencies. Also, when u gonna trade, you must acknowledge that there is not a single technical analysis that can be proven. Thus, I don't think there's a valuable trading signal that will benefit you in the long term. Except, to feel the skin in the game by keep learning and researching about this cryptocurrencies spaces. Make sure you only afford what you can lose.
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May 30, 2021, 06:48:39 PM
 #7

If your signals are genuine you won't need to sell them for money, you will be taking that advantage to keep doubling your money everyday quietly in your room or home, correct me if I'm wrong on this one

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May 31, 2021, 06:01:06 AM
 #8

You sold at a loss? Make sure you have learnt some lesson here, either you did not have faith in the coin that you bought or you were panic selling.

When to buy and when to sell are important things that need to be strategized by the trader not someone else. A signal group only pumps and dumps coins when their owner tells them to. In fact what the owners of these groups do is dump when they call others to pump. Indirectly manipulating their subscribers to go the wrong way. That too they run "paid" memberships when they are only misleading people.

Hence those are not the solution to your mistake but a scam. You have to learn how to read the charts and prepare a mode of buying and selling yourself.

R


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May 31, 2021, 10:23:51 AM
 #9

Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals

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May 31, 2021, 05:13:47 PM
 #10

-snip-But, I am hearing about trading signal. How and where i get profitable & legit trading signal?

Your advice help me a lot.
it's better to avoid things like this in my opinion it benefits a certain group by manipulation of its members and I'm not sure it can be profitable for you after joining trading signals and to join requires a larger initial fee.

Yeh what others have said is true it is better to learn with your own skills much better than relying on trading signals, you will know better in this mode even in chart analysis and other things there maybe a little more understanding and combining with some indicators .

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May 31, 2021, 09:02:31 PM
 #11

You better be good with your known strategy and improve as you trade daily. Signals won't do good for you, most of them are unreliable and you need to spend money for memberships from those groups.

You're not also going to have a security that signals being thrown to you will be that good and effective.

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June 01, 2021, 03:43:39 PM
 #12

No signal source is reliable and if you are willing to sell yours it shows they aren't reliable either because you won't be selling if your signals are reliable, you are simply looking for people to take advantage of because they will be buying their fantasy from you, it's better to learn and find your own trading trick

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June 03, 2021, 03:19:38 AM
 #13

believe that a signal like that is just a prediction that anyone can do, it's better to do your own research and believe in yourself to determine the decisions you make.
You can follow the signal but if it's too high, don't force it to enter in order to make a profit. maybe for reference you can follow this channel https://t.me/joinchat/U45_Wx6cTnM5YmM9.
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June 03, 2021, 05:41:00 AM
 #14

As far as i know, there is some signal group like BCW that was giving a regular signal to its members. I have also joined as a premium member on BCW. It's getting sold out instantly.
The problem is there are lots of scams or fake signal group that was only fooling you to buy the coin at the peak price and the owner will be dumping it to you.
It's a very difficult thing to get a good signal group these days. DYOR

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June 04, 2021, 02:43:15 PM
 #15

As far as i know, there is some signal group like BCW that was giving a regular signal to its members. I have also joined as a premium member on BCW. It's getting sold out instantly.
So does this premium group worth it? How much did you pay for a month/year? Is this private group or you can share the link to join it?

As far as I can remember, these premium group are not long lived. Most members exit and usually find "early investment" or "gem search" group more interesting to join for the long term.
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June 04, 2021, 05:37:49 PM
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Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals
it's not easy as you said dude. There must be a combination to create a good formula to get the accurate signal. Remember that if we are only using TA will not work as the market is also following FA.
I think that the legit signal group was using both. It's not easy to build your own signal app but i think we can take BCW as an example and it was using manual analyzation to get the signal.
There are lots of scam signal and that's why we must be careful with it.
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June 04, 2021, 07:37:25 PM
 #17

Stop looking for trade signals because you will stil end up losing money it's better to start from scratch and build yourself up, this is the only way you can fully understand how trading works in real time, I've lost more money to trading signals
it's not easy as you said dude. There must be a combination to create a good formula to get the accurate signal. Remember that if we are only using TA will not work as the market is also following FA.
I think that the legit signal group was using both. It's not easy to build your own signal app but i think we can take BCW as an example and it was using manual analyzation to get the signal.
There are lots of scam signal and that's why we must be careful with it.
With some experience you would able to identify which signal is worth to look upon and which isnt since its a total crap or garbage.We dont actually needing some signals out from various sources if we can really make our own but it isnt bad to look upon on some information where others been sharing up.
Its just on how you do make deal and apply it into your own analysis and be always to be mindful that not all would precisely work but at least
we have done our job and making out steps into something we had analyzed and not just making out some blind bets or shots since this isnt gambling after all.

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June 05, 2021, 05:11:47 AM
 #18

With some experience you would able to identify which signal is worth to look upon and which isnt since its a total crap or garbage.
It is a placebo effect only. In reality they are all random picks based on assumptions or manipulated picks based on which project paid the owners to pump their coin so their advisors could sell and sell off the shitcoin to a newbie.

Quote
We dont actually needing some signals out from various sources if we can really make our own but it isnt bad to look upon on some information where others been sharing up.
Sharing shilling information. Not reliable I would say. What is reliable is charts which already exist and the analysis that you can do on your own.

Quote
we have done our job and making out steps into something we had analyzed and not just making out some blind bets or shots since this isnt gambling after all.
Most newbies want to get-rich-quick and they quickly learn the reality after getting whitewashed by these signals groups. That greed is what makes them go for such groups and the memberships. All of that is a waste of time and money. They should ask themselves if you need to pay someone to profit, why you are paying at all?

R


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LLBIT
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June 14, 2021, 04:40:46 PM
 #19

Personally, I would suggest you stay away from any kind of signal group. Dont join any paid signal group. Try to learn more and more about the cryptocurrency trade. Dont waste your time and money on the signal. Try to learn technical analysis, It will help you to understand when to buy and when to sell. Also, you need to learn Risk management. Without risk management, your trading fund will be liquidated.

Most of the signal group admin try to dump their bag after publishing the signal. So it's not good to buy when they provide any signal. before buy or sell any coin do your own research. Why you are buying, when to sell, when the trade will be invalid, make your own decision based on TA. Dont take any trade without stoploss.
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June 14, 2021, 04:54:23 PM
 #20

Most newbies want to get-rich-quick and they quickly learn the reality after getting whitewashed by these signals groups. That greed is what makes them go for such groups and the memberships. All of that is a waste of time and money. They should ask themselves if you need to pay someone to profit, why you are paying at all?
They don't want to learn and experience what they can get in the trade by paying for a certain group, it's greedy, of course and they don't want big losses so that beginners pay a signal group that can be said to be premium even though it doesn't necessarily make him rich fast even though join.
Making a profit just paying people is the same as fooling yourself, I think it's more useful what we use, profit or loss, it's normal, but that experience can be used as motivation on how to analyze the correct coin.

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.Duelbits.
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