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Author Topic: Do not trust all types of traders or signal providers for trading.  (Read 908 times)
dansus021
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April 15, 2026, 03:52:56 PM
 #61

yes this the best way to trust someone who has a long transparent and verifiable track record, rather than blindly chose signal provider that share some PNL that have up only data. I would consider a copy trading in some exchange with transparent data from the drawdown total asset and other than buy signal.

Leverage is a double-edged sword it can be your enemy and it could be your friend at the same time if you just know what you are doing you can make a good profit from it, but if you nothing about it you can heavily lose because of it.

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April 15, 2026, 08:30:18 PM
 #62

Now I don't trust anyone who provides crypto signal, no matter how trusted or veritable track record they show as evidence, I don't follow anyone
That is much better, you don't have to follow anyone when it's with the signals. Those who are sayin that they're providing good signals might even telling you a lie. Because if they are good in providing that, why will they share it to anybody? even for free or paid? it doesn't makes sense because if you are so good, you'll remain in silence and you'll just take all the money that you can make. So, they will help themselves first and their relatives before a stranger who's paid them to do it. But, there's a deeper reason why they don't do that and I know all of you what it means.

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April 15, 2026, 09:36:55 PM
 #63

Trust me, I just trade according to my own strategy. Definitely, I followed some free channels to get some ideas and updates. Because some good analysers provide free signals, they don't have a paid group, and they share their own strategy. It does work sometimes but not always. So I have to follow myself only; I can't depend on any kind of signals.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
Either leverage or spot trading, should have your own strategy. Following them blindly would lead to a costly lesson.

 
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April 16, 2026, 02:49:44 PM
 #64

Now I don't trust anyone who provides crypto signal, no matter how trusted or veritable track record they show as evidence, I don't follow anyone,
Track record? There is no such thing as track record in crypto signal, anyone claiming such documentation is a scammer. One should never trust any such people with their money and also people should learn trading on their own.

It is not bad that by trading on their own they are losing money, they are learning. People should not get into the wrong mindset that because others are able to post some profits, it means they are doing everything right and nothing wrong. It is never the case and scammers will only post some profits and never the huge losses.

 
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April 16, 2026, 09:48:12 PM
 #65

The reason why most traders are losing, because they trust other people more than theirselves. When we all know that in trading, we can never guarantee success if we trade following other people's trading signals or providers. But learn to trade on your own, because its your own efforts and consistency in trading that will make you perform better trades.

And the fact remains, not all work for them will also work on us, we can ask and learn from them though, but we can never rely from them to make our trades successful and profitable.
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April 17, 2026, 05:16:56 AM
 #66

Now I don't trust anyone who provides crypto signal, no matter how trusted or veritable track record they show as evidence, I don't follow anyone,
Track record? There is no such thing as track record in crypto signal, anyone claiming such documentation is a scammer. One should never trust any such people with their money and also people should learn trading on their own.
The only track record a signal provider gives out is fake screenshot of PnL in demo account.
There was attempt made by people in social media to track on-chain activity of Key Opinion Leader who specialized in trading and guess what, most of them are losing in their hyperliquid account and usually only trade measly amount of $5 so they can screenshot the lame percentage gain to garner attention.

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April 17, 2026, 06:54:19 AM
 #67

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.
Agreed!

I've noticed all these traders trying to be impatient to build a slow and steady income/account but what to earn some insane profits. Some of them could achieve that, but for a moment, and before you know it, they've blown all the accounts. We see them all the time. Unfortunately, many people becomes the victim because such an insane initially profit attacks a lot of follower accounts, and before they know it, boom!!!

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So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
The trader who has a real verifiable track-record is achievable, but without using a leverage at all means you will earn almost nothing for a long time, except you trade with big money. Leverage is not bad, but overleveraging is the issue.

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April 17, 2026, 09:18:33 AM
 #68

I agree with OP , my experience with trading gurus was really bad, I only lost money while I traded + the money I paid for subscriptions. Some show lavish life and can fool you into thinking they’re legit but the majority of their income is from subscriptions. Do your research and don’t make silly mistakes.
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April 17, 2026, 10:14:20 AM
 #69

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
But in reality, it is very difficult to find such people. Many people show their results online but it is difficult to understand that everything is true. So it is a bit risky to rely entirely on track records. One thing is often seen, in the beginning they perform well and attract everyone but later when the market turns around, that performance is no longer there. At that time those who were following them are in danger, So instead of relying entirely on anyone, it is necessary to manage your own affairs.

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April 17, 2026, 10:30:08 AM
 #70

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
Although it is not instant to make money, trading can be learned. Those who provide signals have a business purpose; they seek profit for themselves. Logically, when you have the ability to trade and make money from trading, I suppose you would not share it with people you do not know. They certainly want to make a profit from the signals they share. Of course, there is no guarantee of profit, because they cannot bear the losses of their group members.
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April 17, 2026, 01:29:32 PM
 #71

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

People who are new to trading usually use signals from trading experts. Although they don't give the signals for free but charge some money instead. But if you want, you can see their track record and contact them very easily. Also every trader uses leverage, if you don't like to use leverage then invest. But those who are interested in trading by watching different videos, they should be most careful because not all influencers are trade experts. And they provide someone else's signal.

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April 17, 2026, 11:31:40 PM
 #72

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.

Is there any trader that is reliable for signal provider? No one knows how the market works perfectly, they’re all predicting from what they’ve learnt from the market to be the next move of the market and not what they think will happen all the time 100%. If you trust a trader and is reliable, it is better you learn from them on how to trade and not to give you signals to place trades on.

In this 2026, anyone still depending on signals to succeed in trading is actually doing themselves more harm than good. It is better to desist from such acts and focus on learning about trading rather than looking for short cuts to make money through trading which is not guaranteed as long term practicing only make perfect and gives more hope of reaching success.

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April 18, 2026, 10:41:55 AM
 #73

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
Although it is not instant to make money, trading can be learned. Those who provide signals have a business purpose; they seek profit for themselves. Logically, when you have the ability to trade and make money from trading, I suppose you would not share it with people you do not know. They certainly want to make a profit from the signals they share. Of course, there is no guarantee of profit, because they cannot bear the losses of their group members.
Trading yourself, in fact learning how to trade yourself is the way to go and I understand that. But there are way too many people who are looking to get a shortcut by getting something from other people, some tips, and they want to make money that way. Obviously that's a horrible way to make a profit, and you are going to end up losing because people who are telling you to do something, are only doing it so that they could be making profit themselves and not you. The moment you realize this, you stop looking at others.

If there is a trick or method available for consistent profit making in trading, then one way or other, that will not remain secret forever. I mean, success in trading is purely self-driven. Even signals from professionals may fail sometimes but to protect your capital, you must exit at stoploss and then look for new signal.

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Jaweria parveen
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April 18, 2026, 12:11:03 PM
 #74

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

People who are new to trading usually use signals from trading experts. Although they don't give the signals for free but charge some money instead. But if you want, you can see their track record and contact them very easily. Also every trader uses leverage, if you don't like to use leverage then invest. But those who are interested in trading by watching different videos, they should be most careful because not all influencers are trade experts. And they provide someone else's signal.
I have seen many such people who are interested in trading while talking to someone and use their signals, some of which they charge money and some are given for free, although the most expert will not give trading signals without taking money. This is one way to believe them that their signals will benefit us or we will believe them blindly. I advise them that we should invest away from leverage, although we can sometimes trade here to build our experience. Therefore, they attract people towards them by showing very high profits and people, seeing this, participate in it to improve their future and take losses. All they have is that they catch someone's signal and find profit for themselves. But this signal is not clearly correct, so they should search for it themselves so that they become a better and better analytical trader.

Botnake
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April 18, 2026, 11:57:37 PM
 #75

You can interact with other other traders but you can never rely to them for your own success. Trading is a solitary, competitive activity wherein trusting your own self is the only key, and trusting your trading skills and strategies, risk management and good market analysis.

Instead, place you trust to your trading plan, from your own trading research and studies, and follow strict risk management to avoid falling on the traps of other traders.

Trading is an individual business, so just do it yourself and learn from your own mistakes and losses, that's the only way you will grow and develop your own market trading mastery.

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masulum
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April 19, 2026, 12:23:21 PM
 #76

In this 2026, anyone still depending on signals to succeed in trading is actually doing themselves more harm than good. It is better to desist from such acts and focus on learning about trading rather than looking for short cuts to make money through trading which is not guaranteed as long term practicing only make perfect and gives more hope of reaching success.

bro, we are live in 2026 it's true, but for new comers and say if they are trying to join any trade without any experience, they will joined a community group that shared a signal. when he seeing someone get 200% from shared screenshot, this person believe if they are joined a group that may help him to get such profit. so the mindset to believe in signal will be exist anytime even in the future, we will see that too. instant profit offer always interesting bro  Grin

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MinMan
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April 20, 2026, 05:25:31 PM
 #77

My first question to you is - why do you even want to trust these signal providers? The only explanation I could come across is that you are unable to analyze the markets and need assistance in taking trades. I would suggest you consider learning trading on you own or you would never make sufficient profits to overcome the fees paid to these signal providers. I mostly think 90% of these signal providers are scam because if they can make money while giving signals, why won't they make money for their own? I am sure they can make gain much bigger profits if they go for trading themselves.

I would personally avoid trusting these signal providers and would recommend you do the same if you want to save profits. You can spend a couple of months to learn and understand how the markets work and once you do so, you can make really good profits in trading while minimizing risk.
Humblevirus
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April 20, 2026, 09:16:41 PM
 #78

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.

There are a set of people who talk about signals, and they always try to make positive comments about the signals that have been given to them. But as for me, I don’t trust any signal, because I know that 99% of them are liars. They are just looking for a way to make money through signals.In fact, I heard that most of some influencers claiming they are giving out signals have not even made profits from trading before. So, I will advise newbies to fully stay away from signals and trading, in short, to avoid quick damage.

In fact, it is very hard to find sincere people on social media nowadays because almost everyone is there to make money, and they are doing anything that will bring money to them. The way some people explain trading on social media, I don’t think people would be losing the way they are.For example, someone will just say that once you join their channel, it will be hard to lose again. But after joining their Telegram channel, someone will discover that nothing is there but lies.I believe that some of them are behind these kinds of meme coin projects because that is what they are using to scam people.

Stable090
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April 20, 2026, 10:14:21 PM
 #79

My first question to you is - why do you even want to trust these signal providers? The only explanation I could come across is that you are unable to analyze the markets and need assistance in taking trades.
If you want to be a trader, you need to have confidence in yourself, and you should be ready to learn. You don’t have to depend on any signal if you want to trade, people that you are depending on also learn it, so if you take your time you can also learn it. Traders that will depend on signals are just people that jumped into trading just because they see people making money, and they want to make money also, they don’t have passion for what they are doing, they are just after money, and they don’t have passion for trading.

I know in the process of learning you just going to loss so much, that’s why if you are learning, you should deposit just little amount of money so that if you lose that, it’s not going to affect you in any way, then when you get to understand things, you can increase the amount you going to be trading with.

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April 21, 2026, 03:55:52 AM
 #80

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 agree with OP here, there are a lot of "so-called" traders who are mostly just making money by sharing signals, but I don't find them bad at all, because that's normal that these signal providers will not guarantee 100%.
So for me, it will not matter to the people who are subscribing to them, what my advice is do not fully rely to them always, try to learn also by yourself, because other signal providers are giving lesson for free or sharing their discussion or analysis from their trades or recent performance, which from their, you can gain knowledge.

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