If you must follow or use the services of trading signals providers

[AnonBitCoiner]

If you must follow or use the services of trading signals which is not bad in itself you should do so smartly. By smartly, I mean that at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday. If you insist on using them, do not do so blindly, validate each signal provider by putting in the work. Record their past four to six months' trades on a spreadsheet and check them on historical charts. After you have done this, you may now proceed to choosing the ones consistently in profit despite their losing trades. The advantage is that they will help you reduce your time spent in analysis. This is one of the best ways to make  use of or follow trading signals channels or services. What is your opinion?

I am totally against following any other signals blindly. Signal providers will give you 5 signals at least daily, only few will hit the target so why not give some time to learn all basics and start trading with own strategy. If anybody think that analysis will waste it time then I will recommend just leave trading and start other business because without knowledge trading will give only loss. We spent lot of our life years in school to get small job so that our life become settle but we are not ready to spend two-three months to seek trading where we will invest our life earning income. I

 have researched many crypto signal providers signals and their signals not hit 70% and most if the time Market react totally opposite so I will recommend to learn analysing and then start with small money to test and then start own trading without depending on anyone.

[stomachgrowls]

If you must follow or use the services of trading signals which is not bad in itself you should do so smartly. By smartly, I mean that at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday. If you insist on using them, do not do so blindly, validate each signal provider by putting in the work. Record their past four to six months' trades on a spreadsheet and check them on historical charts. After you have done this, you may now proceed to choosing the ones consistently in profit despite their losing trades. The advantage is that they will help you reduce your time spent in analysis. This is one of the best ways to make  use of or follow trading signals channels or services. What is your opinion?

I am totally against following any other signals blindly. Signal providers will give you 5 signals at least daily, only few will hit the target so why not give some time to learn all basics and start trading with own strategy. If anybody think that analysis will waste it time then I will recommend just leave trading and start other business because without knowledge trading will give only loss. We spent lot of our life years in school to get small job so that our life become settle but we are not ready to spend two-three months to seek trading where we will invest our life earning income. I

 have researched many crypto signal providers signals and their signals not hit 70% and most if the time Market react totally opposite so I will recommend to learn analysing and then start with small money to test and then start own trading without depending on anyone.

Never ever make yourself that getting blinded with these groups or set of people or whatsoever called signal provider on which we do know that they wont really be that giving out assurance or no one would be able to know

on how the market would really be ending up.Better to start and make your own and never ever consider yourself blindly follow these guys.Aside from no assured results, you could or wont really be able to learn yourself
on doing trades just because you are simply following, unlike when you are really that making your trades on your own on which you are really that learning and at the same time you wont really be that blaming
yourself on the time that those people you do follow do fucked up your trading capital or investment basing up on how they do trade.

So never ever consider yourself on following specially if you are a newbie, nothing beats out if you are really that able to trade on your own and acquire knowledge along the way.This would really be molding you up
for the better as you would go further or proceeding on. Dont rely on others but its not bad to snip out some trading ideas with these people though as long it would really be that
relevant or something that you could apply it on your own.

[Ziskinberg]

If you must follow or use the services of trading signals which is not bad in itself you should do so smartly. By smartly, I mean that at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday. If you insist on using them, do not do so blindly, validate each signal provider by putting in the work. Record their past four to six months' trades on a spreadsheet and check them on historical charts. After you have done this, you may now proceed to choosing the ones consistently in profit despite their losing trades. The advantage is that they will help you reduce your time spent in analysis. This is one of the best ways to make  use of or follow trading signals channels or services. What is your opinion?

I feel it's not that easy to follow any crypto signal provider, they are very clever while showcasing their results. So let's say if you get a signal which says buy at 100, Stop loss at 80 and sell 120. Now you being a follower will sell only at 120. Now if price comes to 115 and goes back to 101, the trading group very cleverly says it's 15% profit but for you it's nothing because your order didn't go through. Also a lot of them amplify results. Let's say if they only say to invest 5% of capital in a certain coin but then you get a profit of 30% then another coin same 5% you get profit of 30% and another coin 10% but you get a loss of 30%. Now they'll say it's a profit of 30% but for you it's a break even you used doubled capital in third trade.

That is why I don't see these signals are helping people to learn and earn a profit for the users to just only in the end. In fact, if we really have to think deeply, about why these people shared their market signals if that really works, they are supposed to keep it and make it rich from that. But it was not, so they pretended it worked in order to get users and milked them by asking for some money in exchange for their useless signals. We never get any benefits from following them aside from falling into the wrong teaching/ideas.

[Baki202]

If you must follow or use the services of trading signals which is not bad in itself you should do so smartly. By smartly, I mean that at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday. If you insist on using them, do not do so blindly, validate each signal provider by putting in the work. Record their past four to six months' trades on a spreadsheet and check them on historical charts. After you have done this, you may now proceed to choosing the ones consistently in profit despite their losing trades. The advantage is that they will help you reduce your time spent in analysis. This is one of the best ways to make  use of or follow trading signals channels or services. What is your opinion?

If someone is interested in trading, they should take the necessary steps to become a professional trader rather than relying on signals, as trading with other people's signals is not entirely certified. The majority are avoiding this, which is why they are looking for signals, so if you want to pursue trading, you must put in the necessary learning time as well as additional dedication, commitment, and patience. And occasionally people pay to get the signals, so taking a shortcut can simply lead to disaster. sometimes.

[doomloop]

It is good that we have a lot of members here who love to give advice about trading. And it is also true that as much as possible we also have to study and understand the signals that we are trying to follow.

But I also wonder if you guys are very good traders. My last trades always started with a profit but then again, it only needs one bad trade and all profit will be wiped out. Maybe trading is not my luck since it's always been my fate when it comes to trading. But maybe it will change next year once we are in a bull run.

You probably need to learn more and practice your skills before you get involved in trading if you lose all your profit with just a single loss, it means that you are not doing something right. Maybe you should learn about risk-management techniques that can save you from excessive losses and even if a trade doesn't work in your favor, you won't lose a significant amount and this can be stopped using a well-placed stop-loss for every trade that you open.

And one can never be perfect. You can't even expect the experts to have all their trades getting success because profit and loss are parts of the process just like a win and a loss in a game. So, you might win one day and lose the other day, but that should make you stronger for the next game.

[Silberman]

It is good that we have a lot of members here who love to give advice about trading. And it is also true that as much as possible we also have to study and understand the signals that we are trying to follow.

But I also wonder if you guys are very good traders. My last trades always started with a profit but then again, it only needs one bad trade and all profit will be wiped out. Maybe trading is not my luck since it's always been my fate when it comes to trading. But maybe it will change next year once we are in a bull run.

You probably need to learn more and practice your skills before you get involved in trading if you lose all your profit with just a single loss, it means that you are not doing something right. Maybe you should learn about risk-management techniques that can save you from excessive losses and even if a trade doesn't work in your favor, you won't lose a significant amount and this can be stopped using a well-placed stop-loss for every trade that you open.

And one can never be perfect. You can't even expect the experts to have all their trades getting success because profit and loss are parts of the process just like a win and a loss in a game. So, you might win one day and lose the other day, but that should make you stronger for the next game.

Traders need to accept the obvious truth, they are going to lose many trades during their careers, and if a single loss is enough to wipe them out then they have no business trading at all, a good trader will instead have mechanisms in place to protect themselves in the case of a loss, like a stop loss and a small position size in order to counter this, and once you have learned how to do this then the chances you could become profitable long term will greatly increase.

[DaMut]

most times you wont have access to analyze the performance in their VIP signal group. the one that is available to all is only the free group where they will mostly drop highly promising signals so they can get you to feel like thats how the VIP group is and then you pay to join. Even in the VIP group, some will delete their lost trades especially the telegram guys  and leave mostly winning trades so when you join you will think its all bed of roses. i will say once you join a VIP group and you are experiencing losses then you should stop taking the trades to protect your capital. if you manage to find a truthful and profitable signal group then you will enjoy it and earn some money as well.

[Timmzzy]

If you must follow or use the services of trading signals which is not bad in itself you should do so smartly. By smartly, I mean that at the beginning it is all about following and understanding the thinking process behind those signals and learning everyday. If you insist on using them, do not do so blindly, validate each signal provider by putting in the work. Record their past four to six months' trades on a spreadsheet and check them on historical charts. After you have done this, you may now proceed to choosing the ones consistently in profit despite their losing trades. The advantage is that they will help you reduce your time spent in analysis. This is one of the best ways to make  use of or follow trading signals channels or services. What is your opinion?

In my own opinion, this is more like saying its best you even learn how to provide the signal for your self, because if you put in all this work you are to do all together, its probably what they are doing too RESEARCH, READ, and GAIN the KNOWLEDGE . Rather than to waste it in trying to investigate how come about the signal, and their past presentation or RESULT

[tvplus006]

Every beginner is faced with such a dilemma, to spend money on training or to spend money on signals. And despite the fact that the choice is obvious here, many still follow the second path and obviously this comes from excessive laziness to learn something new.

[FahriZah]

I'm following some trading strategy for my best services and i joined some telegram channels for trading signals which one short term and which one long term and what is for the holding all everything ideas provided to us many telegram signals channels.

[_BlackStar]

I'm following some trading strategy for my best services and i joined some telegram channels for trading signals which one short term and which one long term and what is for the holding all everything ideas provided to us many telegram signals channels.

Of course you can take advantage of it - but in any case you should not depend on other people when it comes to making trading decisions. Learn to do your own analysis instead of paying someone else to predict things for you - that's wise advice for you to consider.

From day one until today - I have never used any service to get trading signals. Paid or free is equally bad for my knowledge development - meaning I tend to push myself to learn instead of hoping that other people's analysis will bring benefits to me. The conclusion is - learn analysis, it is more reliable.

[cheezcarls]

Ain't a fan of trading signals as they are not accurate and doesn't guarantee anything at all.

At first I give it a try from a Polish colleague of mine who is a foreign expat. I visited his house in a subdivision within the central Philippines where I stayed at least a few times. He show me his trading room full of monitors where he's trading both stocks and crypto.

As I have learned about his trading signals and encourage me to try follow his calls, I give it a try provided that I only risk amounts that I can afford to lose for every call he had in his Telegram channel.

Based on my experience, it's not worth it. Despite I've won like 10% to 20% of the time, but overall I've lost a lot in my short and long positions of certain crypto pairings that he called. Then he even introduced me to his "VIP signals" in which I should be paying for a ridiculous monthly subscription or so.

That's where I slowly distance myself from him and never came back to visit him ever again every time I travel there to the central part of the Philippines.

No matter if it's free or paid signals, it won't promise or guarantee us profits. It's much better for us to self-learn about trading like reading and mastering the charts, TAs, etc. 

[poodle63]

Every beginner is faced with such a dilemma, to spend money on training or to spend money on signals. And despite the fact that the choice is obvious here, many still follow the second path and obviously this comes from excessive laziness to learn something new.

spending money for experience or basically training to trade, is sometime can be resource exhausting though therefore why many would prefer spend for signal
because they don't need to do the hard work of analysis from scratch, just follow some signal and call it a day.
thats why many newbie would just either go full relying on signal or simply follow copy trading, more convenient, no need so much commitment and investment to learn something new for them.
but of course this will be detrimental in the future, but if they don't really plan on making career in trading in the first place i guess thats fine.

[tvplus006]

...thats why many newbie would just either go full relying on signal or simply follow copy trading, more convenient, no need so much commitment and investment to learn something new for them...

The problem is that there are no 100% correct signals, otherwise everyone without exception would use them. Why trade at a loss, which without exception happens to both experienced traders and beginners, if you can pay $ 100 and get a profit of 1000? But it doesn't happen that way. In order for someone to get a profit, someone else must fix the loss.

[terrific]

No matter if it's free or paid signals, it won't promise or guarantee us profits. It's much better for us to self-learn about trading like reading and mastering the charts, TAs, etc. 

That's the straight fact with the vip signals they call. No matter how good it was advertised by a friend of yours, they're not guaranteed at all.
They may sound optimistic and that but, you'll never know if you won't try. But the good thing is what you'll hear from those people that have actually tried it and discourages people to step on it.

[CODE200]

Ain't a fan of trading signals as they are not accurate and doesn't guarantee anything at all.

At first I give it a try from a Polish colleague of mine who is a foreign expat. I visited his house in a subdivision within the central Philippines where I stayed at least a few times. He show me his trading room full of monitors where he's trading both stocks and crypto.

As I have learned about his trading signals and encourage me to try follow his calls, I give it a try provided that I only risk amounts that I can afford to lose for every call he had in his Telegram channel.

Based on my experience, it's not worth it. Despite I've won like 10% to 20% of the time, but overall I've lost a lot in my short and long positions of certain crypto pairings that he called. Then he even introduced me to his "VIP signals" in which I should be paying for a ridiculous monthly subscription or so.

That's where I slowly distance myself from him and never came back to visit him ever again every time I travel there to the central part of the Philippines.

No matter if it's free or paid signals, it won't promise or guarantee us profits. It's much better for us to self-learn about trading like reading and mastering the charts, TAs, etc. 
 

I couldn't agree more. For the reason that the main purpose of trading signals is just to serve as your guide, but it does not necessarily mean that you will have to follow it and do what it exactly said. Because at the end of the day, everything is still up into you and you're going to decide for yourself.
There's nothing wrong with utilizing trading signals, but we also have to use it wisely. I don't think that fully depending on it would be a great idea, because you're not allowing yourself to think critically and allow yourself from making decisions about your trading. Maybe if you are a beginner, you can try using it as your guide, but you do not have to prolong your usage of it. It's fine to make other call as your basis in your trading habit, but do not let it decide for you.

[dansus021]

Signal providers get money from the members mostly not from their trade. I do believe they trade only using a small margin just to show the percentage of profit to lure some of new users.
Tho Im not say all the signal provider is fake because some of it are made profit and educate their member to not depend on signal but it is rare case.

the thing is if you have a signal provider try to understand why they made the decision to take the position. Like I said some signal provide tell the user why they create that decision not just plain entry tp and sl without any trading view related.

[Assface16678]

When I'm a beginner in crypto trading, I also used to follow signals, and I'd say it didn't and did well at some points. What I mean is that sometimes their signals are not on point because their trade is not suitable for mine in terms of my equity, as I only have limited equity to trade. I did well because sometimes their trade is on point or I earn from it. And because of that, I don't want to rely on signals anymore, as I want to earn by using my own analysis and chart mapping. In short, I don't want to rely on them. Even now, I still look for signals, but only for reference; I still always follow my own.

Because there are a lot of signal providers that only aim to have an investor or get paid, and the free signals they give are cheap signals, which we understand because they are free, it's so hard to find legitimate and accurate free trading signals. That's why it's better to learn and execute your own analysis.

[Best-mary]

The best that a trader can do is to never depend on signals. The best thing that a trader can do for himself is to learn, have knowledge and experience about trading even if he wants to use a signal or not.

As for me, I do not use signal because I know that the signal providers are only looking for ways to enrish their own pocket and nothing more.

If a trader follow the right thing to do in trading and is not greedy, he will make money from it.

Exactly or even still, if they are occupied and won't have the chance to look at every trade, they could make use of these exchanges Binance and even bitget known for their copy trading to get what they want. All these paid signals sometimes ain't real

[taufik123]

-snip-
Because there are a lot of signal providers that only aim to have an investor or get paid, and the free signals they give are cheap signals, which we understand because they are free, it's so hard to find legitimate and accurate free trading signals. That's why it's better to learn and execute your own analysis.

You will never be able to find free, accurate, and legitimate trading signals, even though the premium signals will not find accurate ones,
there will definitely be errors on some of the signals provided.
Just remember how this kind of signal practice is run by people with many communities to get a lot of profit from new investors who do not understand anything about real crypto trading.

Self-study to master the science of trading is the best choice.
Do not jump on a platform that you have not mastered, because you will not know how the platform works.

Exactly or even still, if they are occupied and won't have the chance to look at every trade, they could make use of these exchanges Binance and even bitget known for their copy trading to get what they want. All these paid signals sometimes ain't real

You can take advantage of the copy trading feature on Binance or Bitget, but you also have to know how to use it, you have to know how the trade works.
And choose traders who have good experience with a good portfolio.
Paid signals are only a place to make profits for the signal owner and you will only receive a lot of risk.