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Author Topic: Do you pay for signals? And how much ?  (Read 711 times)
fullhdpixel
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November 22, 2023, 01:34:01 PM
 #61

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I don't and I never would. I believe people who pay for signals and signal groups are lazy and can't learn and grasp simple things and ideas or are educated enough to understand a bit complex terminologies or methods because if none of that is the case, a person should learn everything themselves and do their trades themselves instead of relying on someone else to provide them signals that they will use to earn some profits which isn't something to be proud of even if the person manages to get profits.

Mostly newbies get involved in such things because those running such services and groups target newbie investors for the reason that they are more vulnerable and easy to trap and their mindset when they enter the market is to start earning profits as soon as possible which isn't possible if someone goes for learning everything themselves and then start trading.

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November 22, 2023, 02:53:02 PM
 #62

For one to pay for signal they must first developed interest for trading because you can just go pay for signal without knowing when to use it or how smart you have to be to use it when they shares to you. What most people does to depend on it but, as a good trader it's bad to solely depends on signals I have  never tried it before to use any information or joining group that relatively pays for signal, it's bad because if the information goes against you were it would caused you serious damage. Signal is like a pump and dump crypto group were some sets of people decides to manipulate a specific coin and tokens that is to be listed after all those who bought when it pump gets dump on them causing them to lose heavily and if you don't follow the information accurately you would get dumped as well.
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November 22, 2023, 04:57:25 PM
 #63

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I don't know, because I never paid for any signals but to join of course I did because it's a free signal anyone can enter, but I never implemented trades from the signals I just watched.
Why do you want to know the monthly payment of the signal? Even someone who joins will never tell publicly that I know.
Never did any research on this, but I saw that some people said that joining the trading signal they get profits from every day trading, that is futures trading, if it's about losses I never know.

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November 22, 2023, 07:08:27 PM
Last edit: November 22, 2023, 07:23:24 PM by cute nmp
 #64

I did pay for signals twice in my early trading days thought it will be of help to me and can help me make some profits in the market before becoming an professional. Unfortunately it turns out to be a scam all of the groups i have subscribed to keep giving losing signals till i lose both of my trading accounts. Got two losses at the end ,the money i paid for the subscriptions and the money in my trading accounts. I personally wont advise anyone to pay for a trading signal most of those people giving those signals are not professional themselves ,they are just out there get people's money .

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November 22, 2023, 07:12:30 PM
 #65

Newbies when enters into the market then they don't understand things therefore they try to use signals as they don't have any information then that for some signals you will only pay money but they will not accurately work. New commers and those who don't have any time to analyse the market often use signals. Once a person spend lots of time in trading then he can use his own knowledge just for getting benefits from trading. There are so many other signals groups which don't ask for any amount therefore if one try to use that signals then he can realize that whether signals works good or not.
I think there are also non-newbies who still rely on these so called " trading signals " it is either they are lazy to improve on their own, or they think someone else is and will always be better than them when it comes to analyzing the crypto market. For the newbies, there is actually tons of information available online. So they shouldn't say that they don't have it.

Although some really good info about the crypto and the market, are only hidden on some signal groups. There are still groups out there who are free from costs and some of them do really well, but again it's always better if we can work for own stuffs. We should feel twice better if we get successful on our craft.

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November 22, 2023, 08:48:52 PM
 #66

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?

You should have ask also if there is any person that has paid for trade signals and has made something good. Trade signal is one the oldest form of scam in trading, it started from forex and perpetuated to crypto and u tell you, no sane person will want show a profitable business. If trading is that easy to make money from, they will not even have time to open that signal. Most of them that you see flaunting wealth all around is from this scams they do.

It's not a profitable thing to depend on. If you like trading, it's better you learn it yourself. Learn both technically and fundamental analysis and practice everything, with time you will understand everything and the experience you get will take you far in trading. Just take your time and watch some video on YouTube and Udemy, they are very helpful and I think Udemy are more helpful and you can have them free on the internet.

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November 22, 2023, 09:06:28 PM
 #67

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
Paying those signals will not even secure a sure profit, so why resort doing that? We don't really know if those trading signals are actually made by professional traders or they are just a product of traders who claim to be successful and profitable but in reality they are totally broke. The reason why I never fall on its trap even since I started trading. Instead, I trust my own knowledge and skills in trading, and it never fails me. Although losing is quite inevitable, but at least I have manage to outnumber my losses and  for me that's more important.

However, paid trading signals may work for some but it does not mean that since they work for others, they will eventually work for everyone. We have to build our own trading signals as much as possible through consistent trading and creating good market analysis in trading.

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November 22, 2023, 09:52:09 PM
 #68

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
You have heard that some traders use signal but don't bother to believe them because they are now in regret trusting signals that never works in real trade.
If we think deeply, about why these people offer such services and promise good signals, why not use them by themselves? They are doing this just to trick newbies who are in search of easy money and taking these paid signal groups got caught with them. They are paying in exchange for nothing aside from losing their money. Because in reality, nobody is able to see what exactly will happen in the market and these signals are just a sort of prediction.

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November 22, 2023, 09:59:28 PM
Last edit: November 22, 2023, 11:41:54 PM by lalabotax
 #69

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
No. I feel that my ability to trade is still very poor, so it's better to learn about TA analysis. This is still really bad for me, so it won't be easy for me to understand the basics. because even though we use trading signals, we also have to have the skills to trade and analyze too, right?
I see that there are several trading signal that have quite high subscription fees per month. So, I also wonder whether they are really effective. We read that many people don't recommend using trading signals like that on this forum, but why do so many people still use them?

Maybe if they also use trading signals from this group as material for consideration in their market analysis, or strengthen their analysis. At least they have an idea or comparison to better convince them which position or how much they should take. Meanwhile, whether it is effective or not will also depend on the quality of the individual to optimize it. Therefore, for me or perhaps for beginners, whether or not using trading signals can be less effective because we ourselves still don't really understand how to optimize it. Who knows.

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November 22, 2023, 11:15:34 PM
 #70

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
No. I feel that my ability to trade is still very poor, so it's better to learn about TA analysis. This is still really bad for me, so it won't be easy for me to understand the basics. because even though we use trading signals, we also have to have the skills to trade and analyze too, right?
It's always better to trade with your own analysis than to rely your trades with signals. Honestly, trading signals are not always makes you profitable because not all their signals make you win, sometimes the market goes in a different way. Personally, I don't trade with signals instead I joined mentorship programs to learn trading so I can trade with my own analysis. But it takes time to learn trading because you must have a trading plan that works for you in order to be successful. I believe that the money you invest in knowledge is really worthy.

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November 22, 2023, 11:55:12 PM
 #71

-snip-
Personally, I don't trade with signals instead I joined mentorship programs to learn trading so I can trade with my own analysis. But it takes time to learn trading because you must have a trading plan that works for you in order to be successful. I believe that the money you invest in knowledge is really worthy.
A fairly wise way is to follow a trading guidance program instead of having to follow a vague signal group.
But you also need to choose the right and experienced mentor so that you can understand and understand how trading is actually done.

When it comes to trading signals, I have a few that are managed by my friends, but it's not just signals that numbers are given.
There is an explanation of why the number occurs, there are charts that can be discussed and basic knowledge that continues to be educated.

It's like learning together in a signal group, while seeing how accurate a given signal is.
Trading signals can also be used as a comparison with the analysis we do ourselves.

Not all trading signals look bad, some are educational, but some also take advantage of situations and their members for personal gain.
So be careful, self-analysis will be better if you understand trading.

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November 23, 2023, 12:47:13 AM
 #72

I have don't this in the past and came to yhe conclusion that it is not sustainable.  The first question you should ask is that if the signals work as advertised,  do you think the provider will accept the stress of providing it for a $50 or $100 per month subscription fee when he could just trade privately and make millions?

Signal services tend to work at the beginning but with time, they always end up blowing accounts. I have tried many of them and the results is always the same.

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November 23, 2023, 02:22:34 AM
 #73

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I don't pay for any trading signal services and as I have said before, for me it is not reliable. Come to think of it, if their signals are working accurately, then they can use it for their own trades and for sure it is profitable, right? So therefore there's no need to share it with others.

But the fact is, trading signals are not accurate and they will just take advantage the traders who don't have knowledge (about trading in general) and willing to pay. Hence they prefer to just subscribe to this kind of service to have a successful trade. Thus, better to educate yourself to learn on your own rather than relying on trading signals.

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November 23, 2023, 02:29:47 AM
 #74

It's always better to trade with your own analysis than to rely your trades with signals. Honestly, trading signals are not always makes you profitable because not all their signals make you win, sometimes the market goes in a different way. Personally, I don't trade with signals instead I joined mentorship programs to learn trading so I can trade with my own analysis. But it takes time to learn trading because you must have a trading plan that works for you in order to be successful. I believe that the money you invest in knowledge is really worthy.
I agree with your opinion, when we trade it would be better for us to use our own analysis to be able to make a profit and if we make a mistake in analyzing of course we have to correct it, if we use trading signals and also experience failure in the trading we do, of course it will be very bad. it's sad for us because we have paid for the signaling service.

Following a learning program about trading is certainly much better than following a trading signal provider service, because in the learning process we can of course know in detail about trading, yes you are right, the money we have invested in learning trading is more useful because we can increase our knowledge about trading. trading.
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November 23, 2023, 03:42:18 AM
 #75

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
Several months ago I paid for a signal for one month. And I only paid about $10 USD for that one month. And I actually have no intention of using the signals they share. But I was told by my acquaintances that when I entered a paid signal group, I would study how they analyzed the signals in making them. and I also implemented the advice from my acquaintance. And finally I learned a valuable lesson. So finally I am now starting to be able to make signals for myself. Even if you're not yet proficient. But at least now I'm no longer impressed by signals made by other people. Because it turns out it's not so complicated and very simple. As long as we are willing to learn it, everything that is considered difficult is not so difficult.

But I have to admit that buying signals is not that detrimental either. In fact, it can benefit us by saving our time, namely that we don't have to bother making our own analysis. But if we are addicted then we will never be independent traders.

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November 23, 2023, 04:17:41 AM
 #76

I have don't this in the past and came to yhe conclusion that it is not sustainable.  The first question you should ask is that if the signals work as advertised,  do you think the provider will accept the stress of providing it for a $50 or $100 per month subscription fee when he could just trade privately and make millions?

Signal services tend to work at the beginning but with time, they always end up blowing accounts. I have tried many of them and the results is always the same.

that's what happened, I joined several free signal groups, even now. although now I don't really follow their signals because I have reduced my trading activities.
In the past, the accuracy of the signals provided was quite good, but after some time, I saw that the accuracy of even the signals provided was not good enough. I usually look at the signal and compare it with what I have, but what's happening with the signal group that I'm following doesn't seem to be as accurate as it used to be.

whether it's free or paid if the main purpose of the signal group has changed. and no one is competent in trading, it's still just a lie. still, they just want to profit from attracting a large number of followers.
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November 23, 2023, 04:23:27 AM
 #77

Still have any one have pay for signal when trading in cryptocurrency? I don't know why many people still believing with signal trading and must pay more than 50$ to $100 every month for joining with signal group. I don't sure yet with their signal anymore regarding have bad experience when joining signal trading, currently the signal paid trading group share some coin to buy when price have been up and never share early when price still drop. Not really benefit when joining with signal premium trading just waste time and money because there are never have accurate coins for buying.
If you have much money make your own research and never interested for joining signal trading, always late for sharing with coins have to buy and looks when the admin of signal trading want to sell their coins will update for the member to buy.

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RockBell
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November 23, 2023, 06:51:46 AM
 #78

Newbies when enters into the market then they don't understand things therefore they try to use signals as they don't have any information then that for some signals you will only pay money but they will not accurately work. New commers and those who don't have any time to analyse the market often use signals. Once a person spend lots of time in trading then he can use his own knowledge just for getting benefits from trading. There are so many other signals groups which don't ask for any amount therefore if one try to use that signals then he can realize that whether signals works good or not.
To begin with, I find it offensive to think that I could be receiving signals from someone else. However, if it comes from my mentor, I will be somewhat trusting of his judgment because I have received mentoring from him. Many individuals rely on other people's judgment; while you might mention them, it is not advisable to use them directly. The issue with some signal buyers is that they don't always get what they pay for, which is why signals require careful thought before purchasing. And another thing is that it might favor others and might not favor you the best a new commer can do is to focus on how to acquire their own knowledge so as to have good knowledge rather than buying signals and even get scammed. And I have no doubt that many others have attempted purchasing signals but gave up after finding they were unfavorable.

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hyudien
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November 23, 2023, 08:00:46 AM
 #79

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
As long as there is a trading method that we can learn for free then I will not spend money to pay for any trading signals. For me while there are still alternatives to pursue and provide additional knowledge it makes sense to not spend money. People who still rely on paid signals are no longer effective. In short, when you learn by yourself and experience a loss, at least you won't blame other people.

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November 23, 2023, 08:49:12 AM
 #80

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
This is all nonsense, these are my personal beliefs. Some users create groups supposedly helping beginners in trading and giving their signals to make a profit. But almost always there are just charlotans sitting there who want to profit from naive people who trusted them. Only those who have developed their own trading strategy and then studied trading for a long time and with great effort will have a real profit.
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