Do not trust all types of traders or signal providers for trading.

[Mpamaegbu]

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

Trading without leverage will look boring and slow. Apart from the fact that those trading on Futures can long or short a pair they want, trading without leverage will be like spot trading. Anyone trading without leverage is simply playing it safe. That's Fear of Loss. Trading shouldn't be tackled with fear but with the ability to manage one's risk. Trading is risky, no doubt and here's where Money Management (MM) comes in. Every trader should predetermine their Risk:Reward exposure before setting out to expose themselves. Risk management is very important, both in trading and in real life situations.

[barbara44]

Don't trust traders especially if you don't know them much but you can use their signal finding more info for your benefits. You don't use the signals without research further before decide. It is better you research by yourself even if you don't have much skills about trading. That will helps you improving your skills as you will learn more to find out more.

I mean, we might know someone personally but they might still provide a good insight. So yeah, we can still follow them and their info once we have done a background check and prove that they are not misleading people only for their own gains. And yeah, knowing that we can do a research, then why can't we just formulate our own strategies, right? That should benefit us more.

You can have good skills like those traders so you should not listen to them without research more.

We can study and practice but maybe it is also true that not all can be good as the other? Which is why there is always people that are above us.

Most people just following others signals without verifiable and end by losing their money so you should avoid it.

It is like gambling. I'd rather gamble on my own. That should give me more excitement and then no regrets or stress because I did not lose because of someone else.

[Alphakilo]

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

Trading without leverage will look boring and slow. Apart from the fact that those trading on Futures can long or short a pair they want, trading without leverage will be like spot trading. Anyone trading without leverage is simply playing it safe. That's Fear of Loss. Trading shouldn't be tackled with fear but with the ability to manage one's risk. Trading is risky, no doubt and here's where Money Management (MM) comes in. Every trader should predetermine their Risk:Reward exposure before setting out to expose themselves. Risk management is very important, both in trading and in real life situations.

To be knowledgeable about trading strategies and how to use them as much as how to read and interpret signals, is a skill that comes with much research and study, otherwise one would be half baked trader just copying and incurring more losses than should be.
Risk management is important and when following a mentor, it's good to actually follow someone with good track record and calm emotional demeanor, else you would be scared to ask for directions or even try out some risk you think is worth it during trading.

[Asiska02]

Starting off as a trader, once you focus on signal providers and looking up to that big profits these traders are making, it’ll make you distracted and not focus on building the knowledge you’ll use to make yourself better in the trading market. Their ways are attractive and can be convincing but all these are distractions of those are your focus starting off as a trader, focus more on your knowledge and you’ll also get there one day. We now have traders that do deceive people, that do things that actually feel compelling but they’re fake and lies, so know who you’re looking up to as a mentor or guardian to guide you through. Trading is real and the money is real, but first have the knowledge before you think of any other thing.

[Finestream]

One thing is certain, all traders are still losing, no matter how good or skillful they are. Its just that they managed to limit their losses because of their longer trading experience in the market, while those who are still beginners are still at loss consistently.

But are there traders reliable enough? Personally, you can't trust any trader in the market, but trust only yourself. What works for them do not hold guarantees that it will also work for us, so we have to find our own, unique ways to navigate trading profitability, not chasing those strategies of others.

[Strongkored]

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

I actually think of not collaborating or trusting with anyone in trading, so I only seek knowledge from experienced traders, not relying on them or trusting their advice, for example, to buy coins under certain conditions.
Learn to be an independent trader, all decisions are made based on your own analysis, not suggestions from anyone, especially if you think joining a group is a good thing because most of them are just scam groups.

[cryptoaddictchie]

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

If you are referring to those telegram calls that show signal of what to buy or position on futures then honestly dont follow. These guys are prolly liking to increase their subscriber by placing some calls and giving some fake results of their positions.

Obviously when someone quite believed on this they will be interested with such offers for a private subs with payment and next thing yiu know youre paying huge money off a lousy trade signal.

Better study own mechanism on trading and trade yourself.