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Author Topic: Your thoughts On the crypto trading simulator?  (Read 306 times)
Wiwo (OP)
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September 07, 2021, 08:32:41 PM
 #21

It is surely a deceit to say a trading add or simulator will guarantee 100% profit, this is not possible because no man or woman knows tomorrow, and trading is more like a forecast into the future of occurrence. Whatever the advice we give, some will still fall for such and mostly newbies. As a newbie, I never used such as I understand profit in life don't come easy and no trading strategy is perfect to give you hundred percent gain.
I agree with you on this, it's a deceit trading signal that is almost impossible because no trading analyst has an accurate idea of the direction a trade will go.
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September 07, 2021, 10:49:47 PM
 #22

Hold up. are you sure you were on the right website? (https://cryptoparrot.com/) cause I don't see them claiming they guarantee profits.

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September 08, 2021, 04:40:09 PM
 #23

How many times have I not tried with such "signals", the outcome is always the same, I paid, and the result is zero! it is better to trade for the same money, and learn yourself with the help of trials and errors,it will not be so offensive at least.Most of all, this is a deception, where they want to earn money, thanks to you.
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September 08, 2021, 05:56:58 PM
 #24

Well, there must be some places providing good services. I have never paid money for any signal or simulating trading but I was in a group of free signal and they do provide good trades (however, it is for Forex only). Anyhow, crypto parrot seems quite legit to me. They have a lot of good contents and easy-looking website.

Honestly, I still want people learn to trade by themselves because you are the one who know how to deal with your money
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September 08, 2021, 06:06:15 PM
 #25

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
i am not sure about how they operate but using it is no different than using any other different demo accounts on trading platforms, and on top of that some of them don't have accurate prices or rates, and they manipulate these simulation by making you win fake money to encourage you to use their platform and as soon as you do it with your own money its a whole different story, i am not saying to not use it but try to compare it with other platforms and other rates in order to determine if they are good or not.
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September 08, 2021, 07:50:07 PM
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 #26

How many times have I not tried with such "signals", the outcome is always the same, I paid, and the result is zero! it is better to trade for the same money, and learn yourself with the help of trials and errors,it will not be so offensive at least.Most of all, this is a deception, where they want to earn money, thanks to you.
That really be the ending story of having signals on you. They are not helping anyway as they don't know also what will happen next. The best thing to do is to make it learn by ourselves and stop relying on these groups, much better to have a friend to work with you rather than having any paid group pretending they know the market so well as they are not for sure.
The use of a trading simulator or demo is a big help for us but have to expect that it was really far different in actual trading.

R


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September 08, 2021, 08:36:50 PM
 #27

-snip-
The use of a trading simulator or demo is a big help for us but have to expect that it was really far different in actual trading.
very different, even when we move to real trading it is not as easy as doing in demo or simulator trading. Some trading platforms that have demo trading have set it up so that we make a deposit as quickly as possible by making trading easier during the demo. Trading in crypto is not as easy as one might think. It takes some basic technical and know about the fundamentals. Psychological strength will also be very influential.
The trading simulator only helps to know how the trading platform works.

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Wiwo (OP)
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September 08, 2021, 09:01:18 PM
 #28

it won't help you get an answer as to whether the market will be good or bad. The simulator will only give you the knowledge to execute a trade on the market. And remember, successful profit on the simulator will have no effect if you trade on the real market.
I guess as a trader even though market conditions and price directions can affect your profit, a trader is careless as he will find a way to in-between those market conditions to maximize profits with the right stimulator.
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September 08, 2021, 09:15:56 PM
 #29


is trading simulator mean the demo account?
this is just very new actually in crypto that a platform will provide a demo account but in the forex market, every broker will provide you a demo account.

every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.











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September 08, 2021, 09:33:07 PM
 #30

is trading simulator mean the demo account?
With the description given by OP, it seems it's not all about the demo account.

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits.

That's all about the possible pump and dump that he's mentioning and just labeled it as a simulator which is totally different from the actual thing of what a simulator does.

every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.
If that's the simulator that he's asking, I agree to you that everyone went through the same start as a beginner and not went to a being experienced and advanced trader immediately but he's about to rely with those 'signals'.

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September 08, 2021, 10:49:49 PM
 #31

This is the first time I will hear about crypto trading simulator so I don't understand how it works but one thing that's certain is that every service provider especially online will always hype their service in other to get more customers/users so I will advise you do it in the old fashion way but if you find too difficult then crypto trading is not for you.

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September 08, 2021, 10:53:33 PM
 #32


every pro also in the forum will tell you that the demo is very different from the real market so if you wanna learn to trade, just do it at risk of money. just put a little risk so you will have some pressure that you are going to lose some amount, this way you will find a way not to lose.


And we can't learn more if we are afraid to lose a few dollars. We need to invest in this if we wanted to enhance our knowledge and gains some experience as this was a vital tool in enhancing our trading skills. $100 as the starting capital may not be big enough to lose and we can really familiar the market with that amount because if we are too careful and wise in making a decision, we can't lose that $100 instantly.
Only we need to continue doing research and watch online tutorials rather than relying on worthless signals.

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September 09, 2021, 08:06:10 PM
 #33

I don’t believe in stimulators or trading signals. This thing doesn’t work and most of the sites offering such services such as cryptocurrency trading stimulators or trading signals services are mostly scams as no one can accurately tell the direction a trade will go. I will advise you to build the trading skills that will help you profit.
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September 09, 2021, 09:42:18 PM
 #34

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
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September 09, 2021, 10:19:19 PM
 #35

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.

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September 09, 2021, 10:31:18 PM
 #36

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
The term itself "simulator" is for entertainment and knowledge or for example sake purposes only and it couldn't be consider a signal that guarantees a profit. Just to be perfectly clear there are some signal groups that works but sooner or later after some time they'll try to ask for payment or joining in a premium group, more like it will just have a trial period. DYOR on groups that give signals and that really guarantees a profit but if I were you, you better learn it from the ground up.
I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.
Yeah its true specially on the time that you do rely or being dependent on it then it will really just create some more mistakes because you are relying into those signals but talking about
simulator then it is something that you are really just good for practicing your trades or simply like you are doing some demo trades which i can say to be not a bad thing.
Just dont rely on others when it comes to trading calls or signals specially there are lots of paid groups existing and people pretending that they are good or professional traders.
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September 10, 2021, 02:44:33 AM
 #37

I'd rather not use these signal services as they will be the reason why we just fail. Many of them had offered a promising deal but sooner or later, they'll put you into the trap and milking you fast like asking for huge payment. Actually, we will get lucky to have a signal that will works because, in the first place, it wasn't like that like it that still a sort of prediction, nobody knows what exactly happens. 

An n regards simulator, it is a need for us to try in actual trading and for the sake that we can apply our learnings.
Most of them does that but I think there are still groups that may give you best signals but keep in mind it will be that pricey. I'd better stick with free and for the better double check it on charts so you know it by yourself if it's worth it to follow or not. It's free and at the same time you're learning.

Just dont rely on others when it comes to trading calls or signals specially there are lots of paid groups existing and people pretending that they are good or professional traders.
Most beginners do tend to stick with this because they can taste that they are profitable but not all signals are perfect or do these groups, it still falls on speculation even with those fancy charts and indicators saying it's either bottom or top.
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September 10, 2021, 06:05:26 AM
 #38

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?
I would always recommend such things to a newbie, because it's going to help them have a clue of what crypto trading is all about. It’s always good to start somewhere and have some experience of what you are going into, that way when you start the real trading insurance seem like a new team to you because you have experienced it using a demo trading platform.

And then when it comes to choosing a platform like this that provides such services, I recommend choosing one that makes use of real time trading charts, that way you will be sure of what you are doing.   And you can as well create strategies that would work for you when you started the real trading.
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September 10, 2021, 08:04:12 AM
 #39

Apart from giving newbies the clue, it also helps guide them to make the right trading decision, as for the risk involved, since trading stimulation is like a trading signal, it does not offer a 100% accurate trading outcome. It can only guide you.

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September 10, 2021, 08:29:34 AM
 #40

I haven't tried that, well I think trading simulator is good to test your strategy and skill in the market but we're not sure how accurate it is not unless we really do it in the actual trading which is much better since we would really test it in the actual trade. I was curious about the crypto parrot I'll give it a visit.

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