Post
Topic
Board Altcoin Discussion
Re: correct trading signals
by
CryptopreneurBrainboss
on 27/07/2021, 05:25:37 UTC
i am new in crypto world and i don't know how can i get right signals on right time . i joined some paid group but they gave me some good and some bad signals too. then i learned about indicators and i used some indicators but some time it didn't work for me. i want to know that where am i making mistake and what should i do to get a handsome profit. 

Firstly I'll advice against relying on signal groups if you want to be a professional trader. These groups hardly send out legitimate signals instead they just pump and dump certain coins that can be easily manipulated by their small capital due to them not having enough trading volume and not on reputed exchange and for those on reputed exchange, you'll notice these coins are always coins that aren't on the radar, that's they don't have much 24hrs trading volume. These help them to have much impact on the market when the pumping and the shilling begin.

Most of these signal groups scam their followers as they use them to make profit leaving the followers at loss in the sense that they put themselves at higher chances of profiting from their calls while their followers struggle to make any profit. Before they send out the said signal, already they have earlier bought the coin and just basically dump on their followers.

Learn to trade yourself, don't get disappointed if some of your trades aren't been profitable now. It won't just happen in one day, you'll need that experience to become a professional trader. You just have to learn how to profit from your losses by learning from them and not repeating the same mistakes twice.