Quote from: len01 on December 06, 2022, 12:09:39 PM

Quote from: xSkylarx on December 05, 2022, 02:27:47 AM

Quote from: Naveed2166 on December 05, 2022, 02:15:06 AM

Honestly people making us fool and they want to get profit but we get lose they show that they are expert in trading and we give them $ in every month for gaining signal but actually they making us fool. We should to learn analyse the graph and we can trading .Trading is good thing if we have knowledge and if we take risk we can earn more.

They are not making us fool, they are scamming those newbies, they are scammers, and they are not trading experts; as real trading expert, they need more time to manage the telegram channel. There are a lot of professional traders that going to mentor you for free as long as he/she can see your potential on you. I have friends who tend to help their other friends in trading for free but only in their free time. Stay away from those trading signals, as it is useless.

a channel or group of trading signals on average only benefits the channel owner.
maybe the initial join he give guarantee for free but after that few months they will ask us to pay monthly. and as the crowd grew, he would raise monthly payments but with disproportionate results.
I have seen cases when many newbies wanting to join trading and not knowing their trade analysis were looking for a shortcut to join channel trading signals

Quote from: ice18 on December 06, 2022, 07:42:10 AM

There is no 100% correct signal mostly they are not accurate according to my experience as I tried to join before a paid signal in telegram yeah you can easily get an idea from this signal but you need to validate it yourself if this is really possible, for I now I only trust one where I can get really good signal as he is using Elliot wave analysis so far looks like 80% accurate, You can pm me if you are interested to join as of now Im only using limited and free signal from him.

very true, that there is no signal that is 100% correct so that the 80% chance you say still has a 20% chance of being wrong.
but even though the 20% chance of loss is like 90% as you said above.
and for me actually the best opportunity analysis is only in the person himself. if indeed someone wants to start trading but he is able to learn first before starting, I'm sure they will have a better chance than following the trading signals on the telegram channel

Youre right that every trader should work on developing their skills. But for those who just want to rely on others, I think they should prefer copy trading over trading signals.
The reason I am saying this is because we cant verify if the signal provider is actually making profits on a real account or if he is even successful. Second, signals can tell you an entry point, exit point or maybe where to place your stop loss but it dont take into account your position size which plays a very crucial role in the trading outcome. But copy trading services are more reliable for the fact that everything is transparent and visible to you. There is a track record which cant be tempered, at least if the trading platform is strictly regulated like on zulutrade or eToro. The biggest benefit is it takes minimal effort; you dont have to worry about losing the opportunity if you are late in implementing the signal on your account as copy trading is an automated process.