Post
Topic
Board Bitcoin Discussion
Re: Margin Trading versus Investing
by
jackg
on 18/02/2021, 04:14:53 UTC
How sure are you that this will work and return a profit? A lot of signals groups (especially if they lose leverage) don't turn a profit - some do but the majority probably don't and most pass the trades they have higher certainty on to the free channels in advance or lie about their potential profits (as in saying how much they'd make if they went in at the buy price and sold at the last take profit - which wouldn't be done in anyone's strategy as the win rate would be ridiculous)

I'm going on a report from an independent website https://safetrading.today/traders/crypto-rocket-signals/ although i'm not 100% i'm interperetting the figures properly. It looks very transparent in terms of their reporting and at $90 isn't too much to trial. I'm trying to figure out how much a 5K margin balance could bring in. I guess it's hard to say without giving it a go.



They don't look to have reported ANYTHING since September though? That looks a little problematic.


Don't trust signal groups with their signals! But, most of all, don't trust them with your funds!

Yeah autotrading rarely works. A lot of the autobots like cornix that can track signal groups have errors where they don't properly set stop losses (so you can end up getting liquidated on leverage instead - even if the group is fairly accurate normally).

The groups themselves can sometimes work for determining sentiment/finding key resistance/support points but other than that they aren't really reliable.