Risk in Using trading Signals.

[khan188 536]

Well, trading signal are creating by the traders. And no one can predict the market correctly 100% all the time. But, If someone can provide 70% accurate signals that's might be good for the newbies. 

[Treat1234 0]

There are several risks in trading bitcoin and it will be better for you to have some experience about the Trading strategy to get the real out of it

[bentayebsalah 2280]

Yes, trading does not depend only on signals, it is necessary to know the source of that signal and not to use the signals randomly

[BrolySSJ 7899]

This is very good information and it is why traders should never solely rely on the trading signals that they get from professionals. There is no guarantee that these signals will work and there is no indication as to how they were developed. This is very unreliable. Rather take responsibility for your own trading and find your own signals which are more likely to be reliable.

[iloveyobit 6599]

For me, I rarely trade with the help of the recommendations in Telegram, I always try to develop my own analysis and work with it because in the end that is my money and this is my decision.

[Rendra808 92]

whilst the use of a buying and selling signal, you have no concept how these indicators were generated. If it definitely got here from a expert or only a few random bot. It takes self assurance to make a a success trade, and with out self belief inside the signal, there’s a excessive chance you’ll be losing.

[BTC Future 3946]

On 11/6/2019 at 9:22 AM, Collectibles said:

Most traders after a series of loses in the first few months of trading would go in search of trading signals from so called Professionals.

 

- Take responsibility by making decisions yourself. 
- Learn Risk Management Skills. 
- Understand the process of cryptocurrency trading. 
- Build your Trading Career. 

These professionals will also be surrounded by shills and paid accounts in social media claiming how helpful they are and how much money they've earned. You will notice them in all live chatrooms and all social media shilling.

Basically you should avoid all "experts" as what they do, is just phoney TA without any backing from scientific grounds. 

[jacker 1095]

I don't trade on trading signals, I rely on combined analysis techniques and charts, Japanese candlesticks ... Trading signals are something very abstract and hard to believe. I do not believe that there is no need for individual analysis, just relying on Trading signals can be successful

[phizusiki 239]

On 1/15/2020 at 11:25 AM, Luv4me said:

There is risk involved if the source is not good or inexperienced they provide what they feel only to provide

Those who will follow the signal have a huge loss, because before profit. Coins are usually dumped. Therefore, it is very risky to use trading signals. Start trading on the market because they don't want to learn anything in the forex market or in the cryptocurrency market because learning is the main thing in the trading system.

[aqua 773]

There are a big risk in using trading signals, especially if you don't know how good their skills in trading. If you only follow their trading signals without analyzing more by yourself, your chance to get the lose will wide open because you don't have any idea if that signals will work or not. You just make a buy order in the price they suggest without you know if after you buy the coin, the price will be increase or decrease. That is too risky for you because you can lose your money anytime. If you care with your money, then please, always analyze more to find if their trading signals can be trust or not. Besides that, you can get more clue's on their signals which you can use for yourself.

[George10 9932]

There are many legit and scam providers of trading signals out there and they normally use telegram to carry out their activities and I would not advice any one to depend much on signal providers because they are scam even though they start by providing accurate signals stay away.

[Thekingcallme 1975]

Yes, your words are true, but before you follow any sign you must follow several signs without entering them and if they are correct then the source of those signals is good and can be traded by relying on them

[koussai999 1986]

I think that trading really needs many things that a person must be familiar with and also a lot of skills that a person must do professionally so if he cannot do this I advise you to use the alternatives that I mentioned in the post

[CryptoMaxim 3829]

It is not necessary to use such signals. I myself used such signals and nothing good came of it. Maybe I had bad sources.

[yuwira 0]

genuine,following buying and selling signals are unstable,they'll tell you to buy this sure coin at this.fee telling that it will moon but the fact in here they may just ask you to shop for that to increase that fee for them to get large earnings and those who fomo will were given rekt.

[CryptoMaxim 3829]

On 08.04.2020 at 22:08, Rendra808 said:

whilst the use of a buying and selling signal, you have no concept how these indicators were generated. If it definitely got here from a expert or only a few random bot. It takes self assurance to make a a success trade, and with out self belief inside the signal, there’s a excessive chance you’ll be losing.

I have used such signals twice in my trading practice and was at a loss. I don't trust them now and try to trade according to my analysis.

[Crypto123 0]

Well done my dear, a very cool topic and a really special explanation. In fact, you mentioned a very important point, is the free signals effective or not? This is an important point and the other point is that this signal can be used by whales or others to drain their symbols.

[Rendra808 92]

I failed to the usage of a few trading signals however this submit help me to understand that, and i can be conscious what's this, well for me it just us who do our own approach and doing trading normal can assist us to recognise what's want to do.

[scorpiali 5626]

I do this type of trading many time in some telegram groups ,but i find it in general not good and the prediction are false ,then as you say i take my responsibility and do it by my self ,read review and have your own analyse.It's much better 

[Calvinpriva 17296]

Sometime you can lose a trade even if you are using trading signals. I only use tradingview platform for best trading signals, i have earn good amount with tradingview. You need to learn how to read the market by using trading views signals through youtube so that you can understand how to use it.

[Yomose 3704]

As for me, I have tried trading signals too but it resulted to loss of money for me, I prefer to just analyze myself. A trader that can not analyze can not trade. When if the person is using signals, he must back it with his own analyzes. 

[BitcryptoHan 2557]

21 hours ago, DoboniAyuuii said:

You are not wrong, I was also like that before, knew nothing about trading and using signals to trade but tho limited my trades to only the coins provided by the signal providers and also the signals are not always accurate. 

@DoboniAyuuii I do not get what you comment, because I am 100% right and also talked about my past expereince about signal providers that failed me and you said they are not 100% accurate which means not recommendable? How are mine wrong?

[nykas 2812]

As far as I know most channels and resources with trading signals are created for earning money and most of them are fake and have no arguments behind 

[Yomose 3704]

People using signals are beginners, while graduating to professionals, signals would have failed them and they will stop using it and also having there own signals. This is what i have noticed. 

[malik6314193 5449]

I also use two telegram groups of crypto signals. But i failed to earn any money from it and also loss my money. I think these are just scam sites which offer crypto signals. I will suggest to avoid such kind of sites.