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Author Topic: Better to have a trading knowledge than depending on signals.  (Read 858 times)
Fredomago
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July 07, 2023, 11:30:54 PM
 #141

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.
Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.
If you do that, then you may "learn" how to do it, but you will always be tied to them because those type of places will want to keep you so they will mostly teach you one thing for a whole month, too slow, and then move to next one another month, just to keep you there.

There are a lot of free places where you can learn this, of course the "free" part is that the people who share them make money from ads, like youtubers for example, or even articles, because they need to earn too, but it doesn't have to be from you. I believe that the best thing to do in this case is to make sure that you can end up with a profit over course of some time, and I believe that's going to be possible if you could learn yourself without paying someone else.

Slowly but still progressing, the intention is to learn things as it will shower your with good benefits, and you said it right, those free tutorials that we can find online they are also earning from it, they wanted to gain views and traffics to give them good earnings they are sharing their knowledge and it's up to you on how to execute.

The basic principle is to learn how to guard your assets and how to make a good decision making from both sides, buy when the market is down and sell when the market is pumping.

Your take would be depending on how you learn from those learning materials that you gathered.

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July 08, 2023, 01:41:59 AM
 #142

it is better to have knowledge yourself than to hope for a signal. however, if we can react to it, the signal service is also not bad. this means that novice traders can observe how to trade from the signals they follow, but afterwards can take lessons and learn to find trading patterns that suit themselves. but in reality many traders actually rely entirely on signals, and are lazy to learn, things like that should be avoided, because it's impossible for us to depend on signals forever, especially if it's definitely paid
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July 08, 2023, 05:26:25 PM
 #143


if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.
Without the knowledge the signals will  be useless, it is not possible for any one to succeed in trading Without having knowledge.  Trading is always complicated in the absence of knowledge to trade. Beginners need to make knowledge about trading to be their priority because their is no shortcut to make profit in trading without getting knowledge first, then  signals can be used too as alternative way to make a trade to come out with a good output.

R


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TheSpiral
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July 08, 2023, 05:56:56 PM
 #144


if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.
Without the knowledge the signals will  be useless, it is not possible for any one to succeed in trading Without having knowledge.  Trading is always complicated in the absence of knowledge to trade. Beginners need to make knowledge about trading to be their priority because their is no shortcut to make profit in trading without getting knowledge first, then  signals can be used too as alternative way to make a trade to come out with a good output.
Some traders having basic knowledge of trading are also following signals of other. Maybe sometimes it works because signal providers could be legit person having good knowledge of analysis but still following signal will be avoided for traders because it will close the door of learning. it is better to learn and analyse the market and trade by making own signals. if other can do we can also do. Its not complicated task and with the little learn will make you able to trade byself
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July 09, 2023, 01:43:17 AM
 #145

Signals are complete scams and should be ignored by all traders.

With signals there is always a catch. Either the person or group who creates the signals is demanding money or is trying to grow their community to a point where its large enough and then they start demanding money in the form of some fee.

They are always so confident in the signals but often try to desperately hide their failures or make excuses for them.

You would have to be really gullible to fall for trading signals. Roll Eyes

If you want to trade then learn the ins and outs yourself. All the information you need is on the internet and all you need to do is google it. Although I would recommend trading testcoins and not real coins until you feel that you are ready to do so.
Well, but sometimes many people want instant results. They are lazy to do a deep analysis or deepen their trading knowledge, and depend on signals. In fact, many people use this. They sell the signals they get for people who don't want to do research and want instant results. This also causes people to see trading easier. Because only with signals, they can get big profits.
Well, although some people successfully guess the movement of prices through signals, the risks they do are very large. It would be better if the knowledge of trading was increased rather than depending on the signal.

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July 09, 2023, 05:00:43 AM
 #146


if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.
Without the knowledge the signals will  be useless, it is not possible for any one to succeed in trading Without having knowledge.  Trading is always complicated in the absence of knowledge to trade. Beginners need to make knowledge about trading to be their priority because their is no shortcut to make profit in trading without getting knowledge first, then  signals can be used too as alternative way to make a trade to come out with a good output.
Some traders having basic knowledge of trading are also following signals of other. Maybe sometimes it works because signal providers could be legit person having good knowledge of analysis but still following signal will be avoided for traders because it will close the door of learning. it is better to learn and analyse the market and trade by making own signals. if other can do we can also do. Its not complicated task and with the little learn will make you able to trade byself

Trading is complicated, and it is not a task; it is a skill that you need over time, and you can't learn it in just one night. It seems easy to say, but a lot of hard work and patience need to go into this, as well as trial and error. That is why those newbies want those trading signals because they are scared to learn them and not thinking about the long-term aspects. It is really better to learn on your own because in this world, you and yourself are the only ones you can rely on in terms of trading.
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July 09, 2023, 10:07:44 AM
 #147


if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.
Without the knowledge the signals will  be useless, it is not possible for any one to succeed in trading Without having knowledge.  Trading is always complicated in the absence of knowledge to trade. Beginners need to make knowledge about trading to be their priority because their is no shortcut to make profit in trading without getting knowledge first, then  signals can be used too as alternative way to make a trade to come out with a good output.
Some traders having basic knowledge of trading are also following signals of other. Maybe sometimes it works because signal providers could be legit person having good knowledge of analysis but still following signal will be avoided for traders because it will close the door of learning. it is better to learn and analyse the market and trade by making own signals. if other can do we can also do. Its not complicated task and with the little learn will make you able to trade byself

Trading is complicated, and it is not a task; it is a skill that you need over time, and you can't learn it in just one night. It seems easy to say, but a lot of hard work and patience need to go into this, as well as trial and error. That is why those newbies want those trading signals because they are scared to learn them and not thinking about the long-term aspects. It is really better to learn on your own because in this world, you and yourself are the only ones you can rely on in terms of trading.
For a while it's actually not a problem to use signals but beginners also need to think for the long term,
we cannot continuously rely on signals that is why it is necessary to learn knowledge and skills,
back again it all depends on the decision of each of you.

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July 09, 2023, 11:30:59 AM
 #148

it is better to have knowledge yourself than to hope for a signal. however, if we can react to it, the signal service is also not bad. this means that novice traders can observe how to trade from the signals they follow, but afterwards can take lessons and learn to find trading patterns that suit themselves. but in reality many traders actually rely entirely on signals, and are lazy to learn, things like that should be avoided, because it's impossible for us to depend on signals forever, especially if it's definitely paid

This is one of the reasons signals group aren't recommended because it'll make you lazy and neglecting to learn how to read charts and predict yourself how the market is going to move. When you start getting signals and they're working well for you, you'll want to remind at the stage you're and this will be dangerous as you won't be getting any real experience as a trader and can't find reasons why the trades that didn't work are doing so, you'll be left in the dark.

Signals are only good for a short while and you can use them to raise capital for yourself but if you want to become a professional trader then you need to be doing things yourself so you can learn from your mistakes and improve on them while gaining experience as well.

R


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July 09, 2023, 11:51:58 AM
 #149

it is better to have knowledge yourself than to hope for a signal. however, if we can react to it, the signal service is also not bad. this means that novice traders can observe how to trade from the signals they follow, but afterwards can take lessons and learn to find trading patterns that suit themselves. but in reality many traders actually rely entirely on signals, and are lazy to learn, things like that should be avoided, because it's impossible for us to depend on signals forever, especially if it's definitely paid

This is one of the reasons signals group aren't recommended because it'll make you lazy and neglecting to learn how to read charts and predict yourself how the market is going to move. When you start getting signals and they're working well for you, you'll want to remind at the stage you're and this will be dangerous as you won't be getting any real experience as a trader and can't find reasons why the trades that didn't work are doing so, you'll be left in the dark.

Signals are only good for a short while and you can use them to raise capital for yourself but if you want to become a professional trader then you need to be doing things yourself so you can learn from your mistakes and improve on them while gaining experience as well.

most beginners in trading are often interested in channels that share trading signals. not necessarily bad, but for those who don't have the ability to re-analyze the given signal. this can be bad. especially when the signal is given for some altcoin or even shitcoin. remain careful in choosing the channel, sometimes there are interests of pumps and dumps that are intended for the benefit of only a few parties. keep learning and developing our skills will be better.
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