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Author Topic: Tips to Follow traders/scalpers (who use Stop Loss)  (Read 451 times)
Silberman
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November 16, 2023, 09:32:18 AM
 #41

If you are not really aware of the signal providers, you will really fall into their traps, thinking that you will have an opportunity to earn cryptocurrency. So extra caution and wisdom are needed in such instances.

Now, in copy trading, I have not seen any ads here that promote influencers who say that they can make money from copy trading and that even if you don't know how, you can make money. say such things because they are paid.

Then another thing: copy trading has a paring risk that can be given to any investor here in truth if they only find out about it.
Signal providers have been a scam since the beginning, however newbies traders want to find shortcuts to make money without the need to actually learn, and see in signals a way to do this, and while copy trading is not as bad, as we are talking about real traders obtaining some short term profits on those platforms, the reason newbies traders choose this path is the same, but unfortunately for them I do not really think there is any way to obtain profits from the markets by using copy trading.
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November 18, 2023, 04:31:45 AM
 #42

If you are not really aware of the signal providers, you will really fall into their traps, thinking that you will have an opportunity to earn cryptocurrency. So extra caution and wisdom are needed in such instances.

Now, in copy trading, I have not seen any ads here that promote influencers who say that they can make money from copy trading and that even if you don't know how, you can make money. say such things because they are paid.

Then another thing: copy trading has a paring risk that can be given to any investor here in truth if they only find out about it.
Signal providers have been a scam since the beginning, however newbies traders want to find shortcuts to make money without the need to actually learn, and see in signals a way to do this, and while copy trading is not as bad, as we are talking about real traders obtaining some short term profits on those platforms, the reason newbies traders choose this path is the same, but unfortunately for them I do not really think there is any way to obtain profits from the markets by using copy trading.
The idea starts from the fact that we invest so early, and we invest so smartly and we turn very low amounts into very high amounts, that's the very first start. Secondly, we end up sharing this success online, not all the time and not everyone but some of the people who turn a thousand dollars into hundreds of thousands of dollars share that online.

These are the first two steps, third step is the newbie who is not in crypto, or just got in and out quickly and just not a veteran, ends up seeing you making that much money. Last step is people who want to scam these newbies, saying "we can make that for you too" and promise to help them, in exchange of money. Newbies fall for that because they think it's possible to do it.

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November 18, 2023, 02:38:18 PM
 #43

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?
=Teks Cutting
Have your own trading strategy instead and put a stop loss so you wont be liquidated.
Every traders have their own unique strategy and you can’t fully depend on those signals because its too risky.
In trading, you should analyze on your own and have a strategy that works within your own timeline.
Your opinion is correct. It's just that it takes a long time to implement it. In addition, I think it's good if you always level up that knowledge. Over time it will definitely produce results

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November 18, 2023, 04:40:21 PM
 #44

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

I'm using stop loss in my regular trade because definitely it's very important to reduces you losses but i don't follow any traders, i don't want to believe copy trading, So i follow my own strategy in trading. I would suggest to you don't follow paid signals, you will get liquidated end of the day. Just try to trade based on your own strategy.

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November 19, 2023, 12:30:45 PM
 #45

Maybe copy trading is more profitable compared to signal providers that are identical to scams. This depends on us following a trader when copy trading. There are also many potential traders available on exchanges that provide copy trading. Copy trading does not guarantee a profit, there is also a risk of loss or even loss of funds when copy trading.

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November 22, 2023, 07:05:28 AM
 #46

I use stop loss every time i trade this the most important or else your acc with be liquidated all your funds
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November 22, 2023, 07:45:09 AM
 #47

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

I'm using stop loss in my regular trade because definitely it's very important to reduces you losses but i don't follow any traders, i don't want to believe copy trading, So i follow my own strategy in trading. I would suggest to you don't follow paid signals, you will get liquidated end of the day. Just try to trade based on your own strategy.
Stoploss is used to anticipate when our analysis is wrong, so it aims to ensure that the losses suffered are not too deep, and also that our strategy can be measured according to the existing portfolio. On the other hand, this can maintain our emotional stability, because psychology is the most important factor in the success of trading. Most trading people only rely on their heart's desires, and cannot see logically

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November 22, 2023, 08:25:31 AM
 #48

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss
If you don't know how it works, don't do it. Like most traders who don't use stop losses in their trading because they don't want to risk mistakes that will occur in trading.
Copy trading according to the definition that I know is linking a trading account to a trading account belonging to another trader who you think is very skilled.
So far I've never done it so I don't want to say it's bad if you do.
During the trading activities that I have carried out, perhaps I still carry out a very standard type of trading known as spot trading.

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November 22, 2023, 05:46:50 PM
 #49

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss
Following copy traders will not end that well for you, the results are usually lackluster and not that great. I highly suggest people to make their own trades, if they are not greatly happy about it, then they could just avoid doing anything regarding this, and they could make sure that they are not doing all that bigger.

I personally believe that the best thing to do right now would be to make sure they are ending up with something that has to be a little different, copy trading means that you are making the same trades that someone else is doing, and you do not know that person, they may have done well so far, but that doesn't guarantee that they are going to keep doing well, so always get better for yourself.

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November 22, 2023, 05:54:30 PM
 #50

If you are not really aware of the signal providers, you will really fall into their traps, thinking that you will have an opportunity to earn cryptocurrency. So extra caution and wisdom are needed in such instances.

Now, in copy trading, I have not seen any ads here that promote influencers who say that they can make money from copy trading and that even if you don't know how, you can make money. say such things because they are paid.

Then another thing: copy trading has a paring risk that can be given to any investor here in truth if they only find out about it.
Signal providers have been a scam since the beginning, however newbies traders want to find shortcuts to make money without the need to actually learn, and see in signals a way to do this, and while copy trading is not as bad, as we are talking about real traders obtaining some short term profits on those platforms, the reason newbies traders choose this path is the same, but unfortunately for them I do not really think there is any way to obtain profits from the markets by using copy trading.
I know many signal groups where know to be a scam and they mostly refer people to there own sites or where they will get referral bonus for referring people to the site. More importantly, we need to understand trade to reduce the stress and the possibility of getting scammed through unknow third party sites that might not worth it because we want to make more money by copy trading and and joining signal groups.

 Bitget is a good centralized exchange we can always use to trade whatsoever coin we are interested in and we also need to  understand the way the trade we intend to copy trade does it own thing. This will help us to be able to adjust using stop loses and other tools to ensure our safety as a trader.









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November 23, 2023, 02:49:08 PM
 #51

We are discussing two things here one is copy trading, even I have not seen any copy traders having stop loss because it will be recorded against their name as a lose which will hamper their profile, for example you will see copy traders they would be running the algo for over an year and so but they never use stop loss and it makes sense because let's say they are trading with $100 and let's see they have a risk margin of 20% then stop loss will be applied at $80, but if they don't apply stop loss then the asset will lie in their wallet until the sell price hits and there is very rare chance of coin going zero unless it goes bankrupt.

I have intentionally ignored to mention anything about signal providers as they are the most widely used scam where someone who have limited knowledge about crypto recommends us on what to buy and sell.

If you are not really aware of the signal providers, you will really fall into their traps, thinking that you will have an opportunity to earn cryptocurrency. So extra caution and wisdom are needed in such instances.

Now, in copy trading, I have not seen any ads here that promote influencers who say that they can make money from copy trading and that even if you don't know how, you can make money. say such things because they are paid.

Then another thing: copy trading has a paring risk that can be given to any investor here in truth if they only find out about it.
I do not like to entirely discourage traders, there are good signal providers just as there are bad signal providers, only that people are not so informative about the right one to choose and the consistency of signal providers most times is questionable. But the social media age has spoiled a lot of things, there are fake ones everywhere and they are the most popular simply because they have marketing and influencing skills. However, these several providers are in categories, there are some that will lose your money pretty fast, there are some that will win very fast but lose the money later, and there are some that will continue to lose and win without any meaningful success. If I were anyone, I would go for those who win the money pretty fast but later lose it. But what I would do differently is to manage my account better than them so that it doesn't ruin it later. This is particularly true if the trader has a higher than 60% winning, I believe the lack of management and poor emotional handling causes their latter losses, this is where you come in.

If you are a good trader yourself, you would know that the market is not always rosy for you no matter how much you try. At times, your strategy is being challenged by the market, it's possible that other strategies are flourishing at that time, which makes the market tricky, proper risk and account management are mostly needed by then which the providers lack in most cases. They can't of course be absolved of the blame but as a smart person, you can adjust things for your success especially those that are 60% + in their winning capacity.  

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November 24, 2023, 07:07:09 AM
 #52

Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss

One, indeed because using stop loss is a strategy to manage risk in trading. I can totally understand why you're leaning towards traders incorporating this in their approach. However, remember sometimes some exchange bots specifically target large groups of stop-loss orders, then miss out on profit opportunities. Then, the broker's style may not necessarily suit your strategy, and the fact that they trade like eToro for example means you may need to create an account there if you don't already have one. My advice is to just gain experience and averaging-down or forced selling to manage risk, and avoid the need for stop losses.

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November 26, 2023, 06:27:50 PM
 #53

The most experienced traders are making money by trading. They gives signals to the other people's before pumping a coin.
They did a technical analysis about a coin. And when they are sure about this coin will give good profit to the early investors they give a buying signal to their community.
So, I also recommend to follow these types of traders.

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