Post
Topic
Board Trading Discussion
Re: Need some advice
by
Silberman
on 22/09/2022, 03:10:03 UTC
I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
You're just being lucky and nothing more, since you have earned money without losing any you're wondering if you finally found the right group for you, but you're forgetting that such a group has probably been around for a long time and you don't know the results of all of those that came before you, so I think you need to be incredibly careful as the chances your winning streak continues for a long time aren't really that high if you ask me, and it isn't going to take long for you to begin to lose money at an alarming rate.
Always know that not everything comes for free, and these giving free trading signals is never an exception. So just anticipate that what is free today will ask you for money in the end because that is what mostly happening. My advice is never trust this group completely as this can be a planned strategy that will make you fall in their trap at the end of the day so always be cautious and careful.
And that is probably the best scenario that he can expect, if he is being part of a legitimate trading group which also gives signals then that group by itself is a statistical anomaly, because we know the majority of those groups are pump and dump groups or simply a way for a failed trader to try to get some additional cash, so with this in mind it is important that people stop to rely on the skills and knowledge of other people and learn how to trade on their own.