Post
Topic
Board Trading Discussion
Re: Do You Use Crypto Signals?
by
jaberwock
on 17/10/2023, 18:31:14 UTC
I don't think that's the foundation and key to success. What's key to success is your skill being a trader and your ability to gather information, analyze and read the market and its charts.
Relying on these signals won't do good to you, believe me. Just look how many people are telling that someone shouldn't get into these signals. Maybe you're right but as long as they're for free and you're not obliged to pay a premium or any membership fee then enjoy that perk.
But still, you are you on this one and when you trade, you're the one that should continuously learn on this market.
Even the most successful signal channels can fall on hard times. Imagine that while they were free everything was fine, but as soon as you pay for the subscription they have a series of unsuccessful transactions, what to do in this case? Probably not everyone will be ready to continue trading using their signals after this.

We should learn to trade without any signals, so not to depend on anyone else. I don’t know a single successful trader who would trade only using free signals and make a profit from trading, unless someone found such a group and kept silent about it so that no one would know about it.  Grin
That's normal and legit. But if they don't lose, I don't think they will offer their service anymore because that alone can print them unlimited money already and the program can only be threatened if someone are aware with it. Free signals are supposed to not perform really well but I understand why some enhance it, it is because to encourage people join them if they are meant as a paid group. Of course, if we are not happy with the results they are providing, there is no point on continuing it anymore.

We can either move on to the other or just learn to trade properly on our own. That way we will never get scammed anymore. Obviously, successful traders don't need signals anymore but maybe they are the ones who can offer their ability to others.