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Author Topic: Your thoughts On the crypto trading simulator?  (Read 313 times)
Wiwo (OP)
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September 04, 2021, 06:45:10 PM
 #1

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?
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September 04, 2021, 06:50:41 PM
 #2

I have not used that trading signal before and I'd never will. All I have been hearing from people that trading signals can be misleading traders into losses, I later had to know that trading is not an easy task, I later have to learn trading on my own but yet not good enough, signals are not perfect than a way to lose $100 or more paid to the signal sellers to lose more if you do not actually know how to trade. Learn how to trade and be independent, depend on your own signals that you analysed out yourself.

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September 04, 2021, 06:54:28 PM
 #3

services to enhance crypto traders’ skills and development that guarantees trading profits.
I have not used such services before, but any service that guarantees profits from trading already has a huge red flag. Trading is diet of like gambling and while there is an element of skill to it, luck still plays a huge part and there are no guarantees.

You'll most likely be better off buying and hodling.
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September 04, 2021, 06:59:40 PM
 #4

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?
It just give the experience about how trading works so users who are completely just begin their trading career can learn using the simulators or demo account but in my opinion its not going to give the actual trading experience when we trade with our own money.

But the trading simulators doesn't guarantees the profits when you do trades in the real exchange.









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September 04, 2021, 07:56:22 PM
 #5

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?
When i do hear out some words like this "GUARANTEED PROFITS" then this do smells out directly to be deceptive or simply a scam.Dont really believe with those claims no matter how known
or something reputable because there's no such thing on this world will give out sure profits.

Simulators is already been here for a while or those signals but i dont see for it to be worth specially if they do need some subscription or something like that.

It isnt really worth for your money but if its free then you can test it out but you would still need your own analysis in the end of the day.

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September 04, 2021, 08:07:18 PM
 #6

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?
When i do hear out some words like this "GUARANTEED PROFITS" then this do smells out directly to be deceptive or simply a scam.Dont really believe with those claims no matter how known
or something reputable because there's no such thing on this world will give out sure profits.

Simulators is already been here for a while or those signals but i dont see for it to be worth specially if they do need some subscription or something like that.

It isnt really worth for your money but if its free then you can test it out but you would still need your own analysis in the end of the day.
Nothing good comes easy, so it's better for the op to try as much to get a good skill in trading not looking for stimulators or trading signals which are not so sure of giving good profits. There are a lots of scammers that uses the world profitable trading signals with guarantee profits which will later demand for subscription to get the signal. In asmuchas the market is not stable and certain, then there is nothing like guarantee profits because those that are offering the services are indirectly looking for money to enrich there pocket.

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September 04, 2021, 10:40:37 PM
 #7

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?
Crypto trading simulator or demo by exchange?
if it is a crypto trading simulator provided by a service like signal group, will it be manipulated?
Or the simulator can be really a way to learn for trading and analyzing? if it is a simulator and can be used as a way to learn how to analyze the chart and also trade, it means that it is good and helpful enough. At least in order to teach us about the right ways to trade.
But, how is the guarantee? It may be too much of a guarantee for trading profits. Is the guarantee also 100%?

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September 04, 2021, 11:12:11 PM
 #8

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?

My experiences wasn't that good, because there's a trading site which involves stock market that promotes trading simulation for me given $10 as a good start but eventually doesn't work for me. All simulator won't be effective, because it would rather push you more interest with trading but unfortunately in reality you'll be losing.
Much better, buying coins with huge potentials and hold them at trading sites then sell them once promising value will be reached. You can start at binance with a small capital, unlike with simulator you don't have fear of losing.
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September 05, 2021, 05:53:58 AM
 #9

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?
Trading via a stimulation is just for practicing and to keep a newbie trader in a proper shape before embarking on real trading, however dealing with emotions and fears is a battle that a trader has to overcome in live trading so as to able to earn profits consistently, unlike trading with a stimulator where all these factors is not put into consideration, however I think it's better to trade live with a small fund i.e money the trader can afford to lose, just to have a feeling of real trading and correct whatever mistakes encountered and ways of preventing them.

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September 05, 2021, 06:33:24 AM
 #10

...//...:
Any activity, however simple it may be, requires some prior knowledge, if you had that prior knowledge, you would understand that in the case of cryptocurrency trading it is not necessary to put into practice your basic theoretical knowledge achieved using a simulator.

So with that said, you will understand that it is not necessary to use a simulator to get into trading, but if you think yes, blah blah, at least not when you start, a simulator in any case is to get the most out of advanced trading ideas and projections based on your experience.

But even so, any exchange serve to start and avoid simulators that seek to create the concept of paternalism, that of believing that they are taking care of you, but they want your money. And with that slogan even more.

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September 05, 2021, 07:07:54 AM
 #11

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.
Nothing should ever guarantee that it could develop one's trading skills to the point where there's guaranteed profit. That's just bull. If it were that easy to profit from trading, then everyone who traded would've been rich already. Trading simulators are quite usual, they aren't really anything that odd, trading simulators that say that they can guarantee profit are the odd ones out though. It should be fine to use them imo, just don't trust 100% what you learn, since in the end, what you are doing is just simply a simulator, and not irl market.

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September 05, 2021, 07:49:27 AM
 #12

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.
Nothing should ever guarantee that it could develop one's trading skills to the point where there's guaranteed profit. That's just bull. If it were that easy to profit from trading, then everyone who traded would've been rich already. Trading simulators are quite usual, they aren't really anything that odd, trading simulators that say that they can guarantee profit are the odd ones out though. It should be fine to use them imo, just don't trust 100% what you learn, since in the end, what you are doing is just simply a simulator, and not irl market.
True, don't believe too much in simulator trading because it doesn't reflect when we jump directly into trading in the market,
I think trading the simulator is like a game so don't expect too much to make a profit
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September 05, 2021, 08:28:16 AM
 #13

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 think you're referring to a site that offers free trading demo account, actually i don't have any experience on that crypto parrot site but you know its a big help as well to enhance new traders skill wherein like those trusted exchanges nowadays that offer the same features.. I hope these kind of site will be visible in the internet so that everyone can practice before entering the field of trading because to be honest trading isn't an easy way where you can obtain profits wherein it requires skills and knowledge. So it's good if every new traders will be aware in such site or exchanges.

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September 05, 2021, 09:20:00 AM
 #14

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 advise 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.
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September 05, 2021, 12:11:19 PM
 #15

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?

No service can "guarantee" you profits from trading,even if it's a service that can help you enhance your trading skills.Even the best traders are losing money.Can you provide a link to this crypto parrot service?
I'm sick of advertisements about trading bots that "guarantee" you profits on autopilot.This is ridiculous.
I'm never heard anything about the term 'crypto parrot'.I know that many FOREX trading platform offer Demo accounts,where you can trade without depositing real money.This is a great way to gain experience that enhance your trading skills.I don't know if whether or not this "crypto parrot" is the same as a Demo trading account.

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September 06, 2021, 07:47:26 PM
 #16

I have been in the investopedia stock market challenge for the past 10+ years and I can tell you that there is a good side and a bad side. There are people who bought stocks like amazon, tesla or whatever I do not know but stocks that went up insanely high in the past 10+ years and they made insane returns from that and become the best and ranked high, but the only reason for that is the fact that they are people who did it and left, doesn't say they are the best traders, just says they made one good choice back in the day and logged off and never came back.

Now that still shows you that if you pick the right thing to buy and leave it there for 10 years then there is a good chance you will be super rich, same as bitcoin because if you bought bitcoin 10 years ago and left it there for 10 years you would be super wealthy today, but it still doesn't help with trading experience problem.

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September 06, 2021, 08:29:28 PM
 #17

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 advise 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.
Come to think that we cant even predict precisely 100% on whats the weather tomorrow which does really talks about things that wont really be predictable on the first place specially on this very unpredictable market.
Simulators are just really good for some backtesting or something like that and to those people who do offer and tell or proclaim that they are doing good then its just a lie.They wont really be making themselves
offered or trying to get some subs if they are making profits on the first place and you should be careful into those signals even if its free then its always worth if you do just stick into your own analysis
or trading style.

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September 06, 2021, 10:01:33 PM
 #18

I have never tried any of the same.

What I'm thinking is about those simulators that teaches you how to trade. Like a game that you can trade cryptocurrencies and trade with play money.

But if the case is about signals and making you enhance as they're offering that service, I don't think that it's going to be effective. There are those trading simulators that you can use for free and it's not about signals but about trading with play money/crypto.

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September 06, 2021, 10:06:36 PM
 #19

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?

Since this simulator's purpose is to enhance trading skills and development, then it's not wrong if you will test it. After all, there's no risk of losing money here. Somehow, you will feel the actual experience of doing trades.

Of course, as long as the service is free, then it's good to try but for a paid one, don't spend money on it as you have thousands of references on the web on how to make yourself good in trading. But take note, don't rely on it in the long run. Trust instead your trading skills and slowly build it.

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September 06, 2021, 10:47:30 PM
 #20

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'm not familiar with that services but honestly, the trading simulator is a good help for a newbie for practice. However, you should be aware also that real trading has a big difference in this. What I could recommend to you is to try in real trading, don't just rely on the simulator but rather to find another source of information like site demo, videos, or any online source. And much better if there is someone to mentor you like your friend, (not trading signals).

R


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