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Author Topic: Many signals don't work now like they use to be  (Read 848 times)
Cling18
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January 05, 2023, 06:54:26 PM
 #41

signals are always such bullshit, most of the time, when their signal is right they are just stating the obvious, now these signals are showing its true colour that is they never correct from very beginning, these signals maker just don't have any idea about the future prices, they are just random guessing and if one of them is right they'd call themselves genius.
It is very difficult to predict the direction that the bullish or bearish market path will take, so yes, most or most of these signals are bullshit, just guesses and expectations not based on any basis or on current market conditions resulting from people who do not have sufficient experience in the technical analysis only their purpose is to bring followers for their social accounts and targeting beginners in order to pay monthly money as a subscription to their paid signals channels, and in the end, the beginners get wrong and incorrect signals and lose their capital, so every person who wants to make gains must do his own research and analysis and not rely on the advice and signals of others, as the investment is a personal decision.

I've tried relying on trading signals before and I could say that they aren't worth our money because their predictions are not reliable. I just made wrong decisions because of their wrong predictions and just had bad losses before. For me, it will be better to have our own knowledge of technical analysis rather than relying on them. They will just waste our time, trust, and funds.
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royalfestus
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January 05, 2023, 07:35:49 PM
 #42

I found a graph online that I would like to present for discussion. Based on the graph, spot trading decreased by half in December compared to November.
1. Is it true that the so-called accumulation shouted on social media is not on exchanges or are they simply lies?
2. Does this drop in trading into the new year have any implication?



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tjtonmoy
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January 05, 2023, 07:58:35 PM
 #43

Any good signals ?
Right now many signals don't work how they use to be
Yesrterday shiba signal long was given out from the trading signals channels still not moving.


This is why pro trades always say, learning the basic won't work. You have to go all in if you are trying to make profits from trading. Signals are a great way to learn the basics, but you are making the mistake of trusting a system completely to the point where you totally rely on that.
If you are learning to trade, signals are used as an analyzer. You compare your own data with its signal and make adjustments. No just blindly following the signal.
If you can manage to master the data analysis, then you can understand what is the purpose of a signal.
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January 09, 2023, 03:33:32 PM
 #44

I found a graph online that I would like to present for discussion. Based on the graph, spot trading decreased by half in December compared to November.
1. Is it true that the so-called accumulation shouted on social media is not on exchanges or are they simply lies?
2. Does this drop in trading into the new year have any implication?

May own views on this,
1 - People do run out of cash after some trades so they need to slow down too, maybe that is why spot volume plummeted. Accumulation done by smaller cap traders might not have a significant impact on the market but it is going on slow but steady based on the long bear season.

2 - New year is just a new month starting, nothing more than some numbers cycling for the market. Possible that some people have slowed down on their trading mileage but I dont find it significant to imply anything.

You need to be prepared for this, do not be surprised. Signals are just how someone sees the market, nothing more. Do not think that this will bring you profit in any case.
Signals are a bunch of fake made up lines to fool gullible newbies. They are not legitimate and like sports picks they are often used to scam people into buying memberships and then manipulate them into using their money to pump and dump shitcoins.

R


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January 09, 2023, 06:29:12 PM
 #45

You need to be prepared for this, do not be surprised. Signals are just how someone sees the market, nothing more. Do not think that this will bring you profit in any case.
However, I've seen good trading signals in the past with 80% accuracy but one thing clear about it is that, no signal is guaranteed 100%. Not longer surprised to lose money with aide of signals, they're limited setups by experts who gain and lose in the market. Signals don't always work in some market structure, some of them are not accurate, losing money to signals ought to be painful when the market is bad. Trading signals often failed in the bear season with constant breaking and retesting of the chart candles.

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January 09, 2023, 07:02:06 PM
 #46

How come you believe with any trading signal group and following it for entry to buy Shiba coins? I don't want spent my money and invest with some altcoin project based on recommended signal from the other. Research by our self and checking about which one coin potential for growing up and never use any signal group as indicate to analyze how potential for growing up.

I have been in your position when trading based on signal recommended but now work and always later for taking profit, when price have been up they try give recommended coin to buy and few hours later after investing price drop and I stopped trading due any signal recommended.

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January 09, 2023, 10:37:39 PM
 #47

You need to be prepared for this, do not be surprised. Signals are just how someone sees the market, nothing more. Do not think that this will bring you profit in any case.
However, I've seen good trading signals in the past with 80% accuracy but one thing clear about it is that, no signal is guaranteed 100%. Not longer surprised to lose money with aide of signals, they're limited setups by experts who gain and lose in the market. Signals don't always work in some market structure, some of them are not accurate, losing money to signals ought to be painful when the market is bad. Trading signals often failed in the bear season with constant breaking and retesting of the chart candles.
80% accuracy is high and something you cant really be able to see on this market.Wondering if those people who had been following up these lead traders do really actually made out some profits or money?

Im really that reluctant when it comes on believing on someone who do make out trades on high precision and making some other side income out from subscription or followers by other traders or investors in the market which is just simply following.

As for analysis specially on the technical side, then its of course not some assurance for you to have a good trade. Market could move out
totally opposing on what these indicators been showing and that because of some known common factors.

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January 09, 2023, 11:12:40 PM
 #48

then I guess you shouldn't rely in your signals no more, honestly if you could make your own research diligently you could still get better results than just relying in these signals that's actually just a way to control the masses for these signal makers so that they could liquidate their investments, even though sometimes they might be correct but I'm sure most of these signal makers have ulterior motives.
I think the only good trading signals is when there's some massive trends like meme coins accompanying it then you could be sure that's gonna be increasing in value.

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January 09, 2023, 11:51:30 PM
 #49

Any good signals ?
Right now many signals don't work how they use to be
Yesrterday shiba signal long was given out from the trading signals channels still not moving.
Actually, trading signals from the past also do not guarantee that they will always be successful. There is always a time when the signal goes long but the market actually experiences a decline. This happens because once again we cannot predict the correct market 100%. Because of that you know for sure that the truth of indicator trading analysis is never 100% absolute.

Especially recently during the bearish era, market movements were very erratic and super sensitive to negative news. So the volatility is getting higher, especially in the direction of falling prices. We also can't just rely on trading signals to make a profit due to many factors. And we also have to learn a lot more about how we can maximize these trades with various strategies that might minimize risk. Such as the use of hedging mode and others.

R


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January 10, 2023, 03:34:55 AM
 #50

80% accuracy is high and something you cant really be able to see on this market.Wondering if those people who had been following up these lead traders do really actually made out some profits or money?

Im really that reluctant when it comes on believing on someone who do make out trades on high precision and making some other side income out from subscription or followers by other traders or investors in the market which is just simply following.

As for analysis specially on the technical side, then its of course not some assurance for you to have a good trade. Market could move out
totally opposing on what these indicators been showing and that because of some known common factors.
Accuracy is really a bad metric to try to measure the ability of a trader, newbies do so because they are very adverse to the idea of losing their money, as such they look for signals or a trading system that losses infrequently.

However to reach such a high accuracy profits are sacrificed, in fact I have read about systems which supposedly have a 99% accuracy, but when you really analyze what is behind those systems you realize that in fact such a high accuracy was reached, but they never tell you that once the day comes in which you lose a trade then you lose everything, making such a system completely useless.

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January 10, 2023, 04:00:19 AM
 #51

It depends but it is best to learn how to trade on your own, because if the signal provider fails you will fail too and vice versa. But if you learn how to trade, you can make decisions based on yourself.
and in my opinion the best trading signal is the trader's mind after the trader has sufficient knowledge, experience, the right risk reward ratio, as well as hands and couch training that can keep traders on track to improve skills to become professional traders. Even the professional ones sometimes don't work because nothing is 100% perfect and it is up to the market situation to determine if it is the right time to trade or vice versa.

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January 10, 2023, 04:14:14 AM
 #52

It depends but it is best to learn how to trade on your own, because if the signal provider fails you will fail too and vice versa. But if you learn how to trade, you can make decisions based on yourself.
and in my opinion the best trading signal is the trader's mind after the trader has sufficient knowledge, experience, the right risk reward ratio, as well as hands and couch training that can keep traders on track to improve skills to become professional traders. Even the professional ones sometimes don't work because nothing is 100% perfect and it is up to the market situation to determine if it is the right time to trade or vice versa.
sometimes those who are beginners do not become confident with the techniques and skills they have. that is why they believe more in the signals given than in their analysis.
because they are inexperienced and afraid of losing their money. it is precisely that that does not make the trader's skill development.
the most important thing is that we know that not all signals will work. and so is the analysis and plans that we make. because it could be what we plan is not appropriate. we have to accept it and start cultivating our skills better.



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January 10, 2023, 04:37:14 AM
 #53

You need to be prepared for this, do not be surprised. Signals are just how someone sees the market, nothing more. Do not think that this will bring you profit in any case.
However, I've seen good trading signals in the past with 80% accuracy but one thing clear about it is that, no signal is guaranteed 100%. Not longer surprised to lose money with aide of signals, they're limited setups by experts who gain and lose in the market. Signals don't always work in some market structure, some of them are not accurate, losing money to signals ought to be painful when the market is bad. Trading signals often failed in the bear season with constant breaking and retesting of the chart candles.

How did you calculate 80%? from what they said? nah, not sure about that because if that is the winning rate of those who give signals, why is he still doing some sort of signal groups and wants to charge admission or subscription fees to those who join them? If it is really 80%, then for sure that trader is already lying down a lot of money on his bed, and his free time would be spent on driving sports cars and not managing a telegram group.
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January 10, 2023, 11:18:57 AM
 #54

How come you believe with any trading signal group and following it for entry to buy Shiba coins? I don't want spent my money and invest with some altcoin project based on recommended signal from the other. Research by our self and checking about which one coin potential for growing up and never use any signal group as indicate to analyze how potential for growing up.
Many people believe that crypto trading signals make their dream possible (earning money and making rich). Perhaps, it was a lying promise that all signal groups are doing in order to convince greedy people and newbies. And sadly, all of them failed and lose a lot of money.
Quote
I have been in your position when trading based on signal recommended but now work and always later for taking profit, when price have been up they try give recommended coin to buy and few hours later after investing price drop and I stopped trading due any signal recommended.
It was regretful but this will prove that the crypto signal will not work as we expect. The market remains unpredictable no matter what we do.
Supposedly, we have to grow up and rely on ourselves, not on others.

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January 10, 2023, 12:38:54 PM
 #55

It depends but it is best to learn how to trade on your own, because if the signal provider fails you will fail too and vice versa. But if you learn how to trade, you can make decisions based on yourself.
and in my opinion the best trading signal is the trader's mind after the trader has sufficient knowledge, experience, the right risk reward ratio, as well as hands and couch training that can keep traders on track to improve skills to become professional traders. Even the professional ones sometimes don't work because nothing is 100% perfect and it is up to the market situation to determine if it is the right time to trade or vice versa.
And most likely, trading signals from groups will suck your money until you have nothing anymore. That's the key for them to be profitable and not really with trading.

If there are legit groups out there, maybe a very few of them or out of 100%, there's only 1% or even lesser than that percentage.

Learning from your own is much better because you're the one who's trading actually.

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January 10, 2023, 12:51:38 PM
 #56

sometimes those who are beginners do not become confident with the techniques and skills they have. that is why they believe more in the signals given than in their analysis.
because they are inexperienced and afraid of losing their money. it is precisely that that does not make the trader's skill development.
I am definitely new to trading, but I can trust anyone when it comes to my money. I will not use someone's signal if I do not understand what I am doing, or what coin I am buying, for me it is tantamount to me just giving my money to someone.

the most important thing is that we know that not all signals will work. and so is the analysis and plans that we make. because it could be what we plan is not appropriate. we have to accept it and start cultivating our skills better.
I watched traders analyzes of the same chart, and despite the fact that they were experienced traders, they saw different figures and different developments. The point is not only how well we have studied different materials, but also how correctly we can determine what we see on the current chart. Signals are given by people like us, they can make mistakes, and therefore I would rather do the analysis myself than trust anyone else to do it.
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January 10, 2023, 01:32:06 PM
 #57

Self analysis is better than signals for trading actually I do not trade using any signals because I suppose the signals do not always give the right signals the threat is high then. thus in the original stage, you can dissect the request and trade with your own experience there's no cover for request understanding and analysis, If you want to trade well in the request. By doing  analysis and specialized analysis, using your sentiments and keeping the operation right you get good profit.

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January 10, 2023, 03:26:45 PM
 #58

Self analysis is better than signals for trading actually I do not trade using any signals because I suppose the signals do not always give the right signals the threat is high then. thus in the original stage, you can dissect the request and trade with your own experience there's no cover for request understanding and analysis, If you want to trade well in the request. By doing  analysis and specialized analysis, using your sentiments and keeping the operation right you get good profit.
That's true because signals from other people may not necessarily work for us, so at the very least, we have to modify them to use them. But signals from other people make it impossible for us to develop analytical skills because we will depend on other people. In addition, we may not be able to benefit by using signals from other people because we do not know how well their ability to analyze market conditions. Learning analysis from many sources will help us to develop analytical skills that will be useful for us in the future.

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January 10, 2023, 05:13:49 PM
 #59

Self analysis is better than signals for trading actually I do not trade using any signals because I suppose the signals do not always give the right signals the threat is high then. thus in the original stage, you can dissect the request and trade with your own experience there's no cover for request understanding and analysis, If you want to trade well in the request. By doing  analysis and specialized analysis, using your sentiments and keeping the operation right you get good profit.
That's true because signals from other people may not necessarily work for us, so at the very least, we have to modify them to use them. But signals from other people make it impossible for us to develop analytical skills because we will depend on other people. In addition, we may not be able to benefit by using signals from other people because we do not know how well their ability to analyze market conditions. Learning analysis from many sources will help us to develop analytical skills that will be useful for us in the future.

Having your own knowledge about technical analysis will be an edge towards the unpredictable market where you don't have to rely on trading signals or the analysis of others. You don't need to wait for their signal as long as you have the kowledge to deal with the market. Relyitrackrything on trading signals can actually increase the chances of losing so you better have your own knowledge about trading. Lots of resources are everywhere nowadays, you only have to be willing and eager to learn.
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January 10, 2023, 09:46:23 PM
 #60

Well in bear markets it's normal. There is a good sense of understanding about the crypto situation we are in and if you can't separate the bear market and the charts then it's going to be pretty upsetting for sure. I believe that the best thing we need to do would be making sure that we are pretty long term when it comes to bear markets and when it comes to bull markets you could start to read charts again and make a profit like that.

It's just the normal thing to do, in the bear market period it's not easy so you will have to end up with some bad results and that is not weird, and during bull most trades will be profitable anyway so you just look for the best.

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