Quote from: Joeboy on Today at 03:23:13 PM

One of the first things most newbies in crypto trading think about is how to get access to signals, whether it is following a “guru” on Telegram, or paying for so-called "sure signals." The truth is that due to the market's volatility, there is no such thing as a sure signal.

Signals are simply just the conclusions of someone else's analysis, and just like any other analysis it is not 100% certain. And relying fully on someone else's signals without backing it up with your own research is synonymous with betting your funds on another person's thought process, without even knowing how they arrived there

My final words: Being a trader simply means "being a student of the market." You must learn to research, analyze, and then to build your own strategies and adjust them when necessary. This doesn’t mean you can’t learn from others, or that one shouldn't make use of signal. Rather the newbies should note this - signals should only be used as a tool to complement your thinking, not replace it.
Meaning that before hopping onto a particular signal/ signals, you should already have a personal strategy or signal on ground which will then be used to compare with the signal you got to know if you are right on track.

I met someone few years ago that told me that he was a trader and showed me some of his orders and how they were successful so I decided to meet up with him to share some ideas. I started out by showing him that trend lines that I did over the weekend and I was the only one talking. Even when I asked him some little details he couldn't really place his words correctly, then he opened up and told me that he only copies trade of others, it was disappointing