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Author Topic: Many signals don't work now like they use to be  (Read 848 times)
coolcoinz
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January 20, 2023, 07:00:25 PM
 #101

signals are always such a 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.

I agree that signals don't work most of the time, but the do sometimes, in a certain way. For instance, the Pi cycle top, that worked in 2018 also worked in 2021. It failed to show the real top (the second one) but showed the first one, when we hit 60k. I saw it and ignored it because I thought that 60k is just too low compared to other bull markets, that 3x from the ATH would make it by far the worst bull market in history, but we actually went to 70 and still got the worst bull market in history, followed by the worst bear market in history if we compare how much below the moving averages we went this time.

That said, I think the averages and fair value indicators work fine. We recently went above them after the black swan that was FTX.

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January 20, 2023, 07:22:23 PM
 #102

I would like to point out that giving out such "signals" can be done by anyone who has a crafty mindset with a basic knowledge of how the market works. It does not need to be accurate because the groups are anonymous and nobody is coming after the owner in case they fuck up.

To be honest, it is a type of a scam where they pump the coins that are owned by them while the owners of the group dump. But you dont need to be a pro trader to understand this, rather your intuition is enough of how it works.

Learn trading on your own, see how to analyse the charts and if nothing goes in your head, just buy low and sell high - that much even a newbie can do if they have patience.
It has been repeatedly said that following trading signals especially with regards to price pump and dump is the quickest way to lose money in the market. Usually the signal is distributed to the altcoin, pumped and then dumped so that the profit goes to whoever has the most coin before the pump starts. Manipulation is more likely where the signalers and their whales will generate huge profits once the hype is increased on the altcoin that has been targeted.

Anyone should avoid trading like this if they don't want to lose money, but I agree that it is difficult to change something if they have basic beliefs about the possibility of making profit.

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January 22, 2023, 12:30:41 AM
Merited by famososMuertos (1)
 #103

When we are in a group of signals or something similar, it is very difficult for them to work, because when the market is bearish, it is difficult for any trader to make a decision, and since the market has so much volatility, it is difficult to predict a movement without taking into account first. He says that the movements of Bitcoin can be varied by the fundamentals that are presented in the world. In general, a signal analyst only focuses on technical analysis, he does not go further, that is only for him and personally sometimes only analysis The technique is not very good, an analysis must be carried out taking into account the possible factors to be passed.

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January 24, 2023, 05:51:28 PM
 #104

The signals don't work and have never worked.It seems to me easier to flip a coin to make a decision so at least there will be at least some logic.Traders are most often independent players who can listen to the news background, and not wait for a clear signal from someone.In addition, groups in which they give a signal and also for money are definitely a scam that only beginners bite because they do not want to delve into how the market works and the news that affects it.

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January 25, 2023, 02:10:06 PM
 #105

The most important thing to understand is that there is no better signal than the trader himself. This is the most important thing to understand. Otherwise, it will be very difficult to achieve a positive result.
It is better to analyze trading signals based on your own experience many times a trade may generate multiple false signals or may not generate them at all. In any case stop trading at the first sign of flat movement the strength of the signal is determined by experience, how long it takes for the signal to form the faster it forms the stronger the signal.

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d3nz
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January 25, 2023, 02:44:35 PM
 #106

The most important thing to understand is that there is no better signal than the trader himself. This is the most important thing to understand. Otherwise, it will be very difficult to achieve a positive result.
It is better to analyze trading signals based on your own experience many times a trade may generate multiple false signals or may not generate them at all. In any case stop trading at the first sign of flat movement the strength of the signal is determined by experience, how long it takes for the signal to form the faster it forms the stronger the signal.

There are a few professional traders that are providing signals but some of them are requiring payment monthly and self-proclaimed traders are taking advantage of this and providing false signals that will gain them. And, I highly agree that self-learning of trading is a must, and getting a loss is normal for trading since there is no perfect trader because the crypto market is very unpredictable.
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January 25, 2023, 09:05:48 PM
 #107

The most important thing to understand is that there is no better signal than the trader himself. This is the most important thing to understand. Otherwise, it will be very difficult to achieve a positive result.
It is better to analyze trading signals based on your own experience many times a trade may generate multiple false signals or may not generate them at all. In any case stop trading at the first sign of flat movement the strength of the signal is determined by experience, how long it takes for the signal to form the faster it forms the stronger the signal.

There are a few professional traders that are providing signals but some of them are requiring payment monthly and self-proclaimed traders are taking advantage of this and providing false signals that will gain them. And, I highly agree that self-learning of trading is a must, and getting a loss is normal for trading since there is no perfect trader because the crypto market is very unpredictable.

i don't think joining trading signal groups will give you an advantage. it is more on screwing up your funds. so yes, better do it on your own and learn the tips and tricks on your own. these signal group people will just rekt your portfolio for nothing. i don't think there is a known trading signal group that really does their job. i don't know any actually up until now.

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January 28, 2023, 05:10:04 PM
 #108

I am a person that before using any indicator or tool, I do a previous analysis, I always do it from highest to lowest, that is, I do it in the long term to realize what its trend is, I always apply Wyckoff, and when I get to the 4 hour period, is when I apply everything, that includes the indicators, some EMAs, everything that is necessary to make my signal more precise and to enter in a moment that is the best and most suitable, I think that this is the way to dock well to the market and succeed, however this is not 100% reliable, there is always an apparent risk. but I never rule out using most indicators.

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January 28, 2023, 06:09:42 PM
 #109

many trading signals and strategies that have worked in the past may not be effective in the current market conditions. Additionally, many signals channels you may see on social media or messaging apps are not reliable and are not based on sound analysis.
 
thus 1: Market condition and
       2: Reliability of the said Signal

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February 13, 2023, 09:24:26 AM
 #110

many trading signals and strategies that have worked in the past may not be effective in the current market conditions. Additionally, many signals channels you may see on social media or messaging apps are not reliable and are not based on sound analysis.
 
thus 1: Market condition and
       2: Reliability of the said Signal
No signal is reliable because it is never backed by a reasons that is infallible. There can only be predictions and those can be wrong in any number of cases. While the reason some signals might have worked in some specific scenarios does not mean it will work again those may have been by chance.

So it more comparable to fortune telling than placing a order. Hence be careful about following a signal channel in future. Don't attempt to weigh the reliability of such channels, you are doing a futile exercise.

R


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February 13, 2023, 01:15:37 PM
 #111

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.

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..BUY/ SELL CRYPTO..
shinratensei_
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February 13, 2023, 11:17:24 PM
 #112

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.
even worse than that is that, some signal providers are misusing their so called trading signals for creating liquidity for themselves even signaling some shitcoins so that they could improve the liquidity and then finally get out, it's always hilarious how people trusted these signals so much meanwhile there must be some ulterior motive behind every signal, I just always doubtful when other people are willingly to make you rich, that's just not how it works, if their signal so good they'd have made investment fund management but alas there are still so many that heavily relies in signal, should only considers it one of the many things that could affect your financial decision not just blindly following it after all we're the one that lose our money if the signals are pure garbage.

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Jody.Drummer
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February 17, 2023, 05:53:21 PM
 #113

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.
Analyzing yourself is better than having to rely on signals. Maybe it would be better if we used the signal for the purposes of the analysis we are doing, I mean we can analyze using the signal to make some kind of research what is the reason behind the signal. But if we use it because we really want to get an advantage without having to think it would be the wrong move. However, we must explore all the potential that exists within us, and when we only use signals when we will develop.

..Stake.com..   ▄████████████████████████████████████▄
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LUCKMCFLY
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March 13, 2023, 04:45:39 PM
 #114

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.
Analyzing yourself is better than having to rely on signals. Maybe it would be better if we used the signal for the purposes of the analysis we are doing, I mean we can analyze using the signal to make some kind of research what is the reason behind the signal. But if we use it because we really want to get an advantage without having to think it would be the wrong move. However, we must explore all the potential that exists within us, and when we only use signals when we will develop.

I have never believed in signal groups and it is for a simple reason, in these groups they only do technical analysis and do not take fundamental analysis into consideration, as well as medium and short-term analysis, which is the analysis I consider it more difficult, and in the groups they never give the criteria for their signals, they just give them and that's it, then any of them can invent a signal and without any foundation, this is what I don't like about the groups of signals, In addition, it never seems trustworthy to me, not even a minimum.

..Stake.com..   ▄████████████████████████████████████▄
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|MINER|
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March 13, 2023, 08:35:31 PM
 #115

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.
Analyzing yourself is better than having to rely on signals. Maybe it would be better if we used the signal for the purposes of the analysis we are doing, I mean we can analyze using the signal to make some kind of research what is the reason behind the signal. But if we use it because we really want to get an advantage without having to think it would be the wrong move. However, we must explore all the potential that exists within us, and when we only use signals when we will develop.

I have never believed in signal groups and it is for a simple reason, in these groups they only do technical analysis and do not take fundamental analysis into consideration, as well as medium and short-term analysis, which is the analysis I consider it more difficult, and in the groups they never give the criteria for their signals, they just give them and that's it, then any of them can invent a signal and without any foundation, this is what I don't like about the groups of signals, In addition, it never seems trustworthy to me, not even a minimum.
The word risk is added with trading, the main reason being that there is a chance of profit as well as loss. And I think there will be a time of wrong trading when  a trader goes for  trading. And that wrong trading can certainly lead to loss when doing trading. And since those signals are also done by a technical analyst, it is also normal that mistakes can be made by them. And I don't think trading should be abandoned just for this reason. And at the same time, I would also prefer that you become less dependent on those signal groups and learn to trade by analyzing yourself.

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Fatunad
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Merit: 348



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March 13, 2023, 08:55:52 PM
 #116

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.
Signals are sh*t.

Tried to join once when I was still a newbie and tried to trade, but went to an easy route and joined these pump and dump signals thru telegram. Ending? It didn't end up well because whenever I receive the signal, it pumped already and I'm late. F*ck these signals.

Right now, I'm trading, and I'm not relying to these shitty signals out there. They are just scamming people. Learn trading the hard way. Many successful traders right now learned it the hard way so if you want to be a pro trader, do the same as well. There are many tools that can help you online. Don't spend your money joining to these fake shitty signals.
Analyzing yourself is better than having to rely on signals. Maybe it would be better if we used the signal for the purposes of the analysis we are doing, I mean we can analyze using the signal to make some kind of research what is the reason behind the signal. But if we use it because we really want to get an advantage without having to think it would be the wrong move. However, we must explore all the potential that exists within us, and when we only use signals when we will develop.

I have never believed in signal groups and it is for a simple reason, in these groups they only do technical analysis and do not take fundamental analysis into consideration, as well as medium and short-term analysis, which is the analysis I consider it more difficult, and in the groups they never give the criteria for their signals, they just give them and that's it, then any of them can invent a signal and without any foundation, this is what I don't like about the groups of signals, In addition, it never seems trustworthy to me, not even a minimum.

I've seen some groups who do apply out some fundamentals + technicals but this isnt something that could assure accuracy or precision in towards market price movement.Somehow it is really that good on looking
on something which you do know that could possibly happen considering that this market is really that unpredictable, there's no way about having those claimings that people are really that having that
high accuracy towards their trades, if they do then they wont really be bothering themselves on being followed by the many.This is why i dont really also have that kind of interest
when speaking about joining on groups or following on someone.

R


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LLBIT|
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Jody.Drummer
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March 14, 2023, 06:48:00 AM
 #117

Analyzing yourself is better than having to rely on signals. Maybe it would be better if we used the signal for the purposes of the analysis we are doing, I mean we can analyze using the signal to make some kind of research what is the reason behind the signal. But if we use it because we really want to get an advantage without having to think it would be the wrong move. However, we must explore all the potential that exists within us, and when we only use signals when we will develop.

I have never believed in signal groups and it is for a simple reason, in these groups they only do technical analysis and do not take fundamental analysis into consideration, as well as medium and short-term analysis, which is the analysis I consider it more difficult, and in the groups they never give the criteria for their signals, they just give them and that's it, then any of them can invent a signal and without any foundation, this is what I don't like about the groups of signals, In addition, it never seems trustworthy to me, not even a minimum.

I think there really isn't any signal conditions for the long term because they are only looking for fleeting profits so it's like a race to see who can quickly gain momentum.

I think this is only for desperate people because they really seem to give all control or entrust their own destiny to others if they really believe in such a thing.
I think that making yourself in a better condition by always taking advantage of situations and continuing to learn in trading is a form of responsibility to yourself so you don't have to depend on other people to determine your own destiny.

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March 14, 2023, 07:04:09 PM
 #118

The signals don't work and have never worked.It seems to me easier to flip a coin to make a decision so at least there will be at least some logic.Traders are most often independent players who can listen to the news background, and not wait for a clear signal from someone.In addition, groups in which they give a signal and also for money are definitely a scam that only beginners bite because they do not want to delve into how the market works and the news that affects it.
We just need to understand the market so we don't need to depend on signals for us to trade. Trading is an act so we don't need to depend of signal from traders like us for us to enter the market and trade. The market used to change patterns so we need to be very good at trading for us to know when we are going to buy and when we are going to sell. As a trader I always make enquiries about the market and learn more about trading so that I can meet up with the market new patterns and make traders so I can keep being a profitable and consistent trader.









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Mars,           
here we come!
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March 14, 2023, 09:32:48 PM
 #119

The signals don't work and have never worked.It seems to me easier to flip a coin to make a decision so at least there will be at least some logic.Traders are most often independent players who can listen to the news background, and not wait for a clear signal from someone.In addition, groups in which they give a signal and also for money are definitely a scam that only beginners bite because they do not want to delve into how the market works and the news that affects it.
We just need to understand the market so we don't need to depend on signals for us to trade. Trading is an act so we don't need to depend of signal from traders like us for us to enter the market and trade. The market used to change patterns so we need to be very good at trading for us to know when we are going to buy and when we are going to sell. As a trader I always make enquiries about the market and learn more about trading so that I can meet up with the market new patterns and make traders so I can keep being a profitable and consistent trader.
Depend on no one because you are the only one who could really trust it up towards your actions on dealing with the market.You should really be minding that all of us here on this market is really that the same which
we are all the same speculators which means following someone is not that different on making on your own.There might be some differences in terms of approach since experienced and newbie could really be having that different ways on how to make those indicators which it would really be that different. Time comes that you would be telling that these TA's doesnt work but sometimes they do make out some hit,
this is why its better to create on your own rather than on being dependent on someone.

Natalim
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March 14, 2023, 09:55:17 PM
 #120

The signals don't work and have never worked.It seems to me easier to flip a coin to make a decision so at least there will be at least some logic.Traders are most often independent players who can listen to the news background, and not wait for a clear signal from someone.In addition, groups in which they give a signal and also for money are definitely a scam that only beginners bite because they do not want to delve into how the market works and the news that affects it.
We just need to understand the market so we don't need to depend on signals for us to trade. Trading is an act so we don't need to depend of signal from traders like us for us to enter the market and trade. The market used to change patterns so we need to be very good at trading for us to know when we are going to buy and when we are going to sell. As a trader I always make enquiries about the market and learn more about trading so that I can meet up with the market new patterns and make traders so I can keep being a profitable and consistent trader.
Depend on no one because you are the only one who could really trust it up towards your actions on dealing with the market.You should really be minding that all of us here on this market is really that the same which
we are all the same speculators which means following someone is not that different on making on your own.There might be some differences in terms of approach since experienced and newbie could really be having that different ways on how to make those indicators which it would really be that different. Time comes that you would be telling that these TA's doesnt work but sometimes they do make out some hit,
this is why its better to create on your own rather than on being dependent on someone.
If they can speculate on the market and are able to analyze the chart, I believe we can do that as well. Because in reality, what they have done is just their own opinion as well, not because they will know what will happen next. And to trust this stuff( signal) is just like we are fooling ourselves which in fact, their speculation is meant to be wrong. It is just a matter of time to do it but eventually, together with our experience and spending more time in the market, we can do even better and we are helping ourselves to learn more as well than just relying on someone else.

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