Looking for a reliable trading signal group

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just_novaFull Member
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#1Aug 21, 2019, 06:47 AM
I know a lot of these signal groups might seem okay initially until they pull a pump and dump scam. I've seen some legit ones but they can be super pricey. Does anyone know of a low-cost trading signal group? I’d be happy to start with a free one and if the results are good, I wouldn’t mind paying some fees later.
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alex.shardLegendary
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#2Aug 21, 2019, 10:41 AM
Trading is more than just giving signals. As the indicators are not very accurate so are trading signals accuracy which is not very accurate. I told someone about how trading signals can be a scam but he did not agree. He paid $100 telling me that he is seeing positive result. After two weeks or so, he started to complain after losing money.
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alex2014Full Member
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#3Aug 22, 2019, 12:17 AM
Trading is risky especially when you are trading cryptocurrency because of the unpredictability of the crypto market, so anyone that offers you a trading signal is just like giving you game codes which are called sure bets, the success result is under probability so you are risky in taking signals from anyone. I like your concept of not paying for any trading signals and looking for free signals for a start, this will allow you the time to at least study and weigh the risk and its potential.
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satoshi69Member
Posts: 35 · Reputation: 222
#4Aug 22, 2019, 06:12 AM
And majority of those signals are scams and thatia why you act upon your own knowledge and when you do so it makes things more easy for you than trusting scams I saw something new were influencers make people trade a particular coin and the next thing will be them dumping it, just to favor there self and the developers and that is just scam and we need to be smart about every decision we are making not by following what you see always that is one of the biggest mistakes people do. He would have even traded the 100 dollar and if he had loss the money he would have learned no to take that same step but we humans always wants everything to be perfect, and this is crypto is not going to be all roses and the signal group might not be scam but you won't always make money from trading.
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d3f1_2015Full Member
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#5Aug 22, 2019, 06:57 AM
I won't even get to any of them even if they are for low fees. Some are free but you don't get anything from it and I think that it's the same even for the paid ones. If you have some money to spend on them, you are aware that you'll just lose that money and likely giving it to them for free. If you're okay with that, good luck in finding one because if it's the low fees that you're looking for, you'll see them but the worth? I don't think it's within your budget and expectation.
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bear2021Full Member
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#6Aug 22, 2019, 11:34 AM
It's good to be part of a trading signal group only if that one is legit or there is no money involved or fees. But if it means higher fees with huge profit promises, that's another story to tell. It's better to learn trading on your own, learn from your experience no matter how mistakes and losses are quite uncontrollable at the beginning. At least you can evaluate your own trading performance, if it's good enough and has the potentials to gain real profits, or you need to work on it more and hone your knowledge and skills in trading.
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mr_satoshiSenior Member
Posts: 305 · Reputation: 1629
#7Aug 22, 2019, 04:56 PM
Signal groups are never advisable to join because if they have good results, you may become totally dependent on them and complacent on your side to develop your trading skills. If you want to try still out of confidence that you will not make it permanent, I will say look out for results and not testimonies from people who may be influenced to give a positive testimony of the signal groups, a strategy by the signal group owners to lure more people to the group.
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coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#8Aug 22, 2019, 09:12 PM
I don't know what's your true purpose on looking for a group of trading signals, but if this is all about profit, we already have copy trades; why not use them if you are not confident with your trading skills? For me, like others said, it's not advisable; honestly, it's way better if you learn to trade on your own because this is a war between you and other traders. Some of the groups, influencers, and YouTubers most of them give you falls strategies that actually do not work at least in my case. Why not train yourself with paper money in TradingView instead of looking for a signal group? So that you have a history and journal built on TradinView and follow Tori Trades on YouTube, her breakout strategy should give you some insight on how to do it and make a profit. Once you learn from her, try what you learn in paper money and develop the strategy to make it fit to crypto because she focuses on trading crude oil.
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wildkingFull Member
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#9Aug 23, 2019, 01:47 PM
If you cannot trade for yourself, you have no business trading because if you depend on others, it is just a matter of time before you pay heavily for their mistakes or emotions. Signal groups are created for the sake of making money from people that will subscribe and they don't really care if you make money or not because in trading, there is always a way to justify a losing trade. Try to learn how to trade by yourself and practice enough on demo so you master a strategy before trading with real money.
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diamond365Full Member
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#10Aug 23, 2019, 10:43 PM
If you know risk of signal groups and potentiality of pump and dump groups, why do you mind to join them? Let's start firstly with risk of trading. It's risky career and it's hard to get profit by trading actively not only in cryptocurrency market but also in all markets. Trading is a hard job and most traders lose money. Let's move to reason of joining signal groups? Is it because you are unsure of your own capability in trading. If the reason is this, it is risky to continue trading by relying on signals.
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cobr4404Full Member
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#11Aug 24, 2019, 01:10 AM
Well, they will be legit... for a brief moment and then after weeks, they will just be a pump and dump group just like others. I tried joining just a few months ago. I didn't pay a fee luckily, but the condition is that, we will be registering on that exchange, and using his referral code. He said that it was his own analysis, but if you have an idea with regards to these trading signals, you will see that they have one thing in common. THEY'RE ONLY GIVING SIGNALS THAT HAS A LOW TRADING VOLUME so that they can just pump it if needed. In the first trades, I followed and made some money, but overtime, I started to lose money until I decided to leave the group. It's good that I didn't spent a single dime joining, but lost a huge amount because of the trading signals. If you're fine paying then instead of spending it on these trading signal group, why don't you just find a mentor that could give you knowledge and information that would help you in your trading journey? That would be better, isn't it?
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its_foxSenior Member
Posts: 236 · Reputation: 1432
#12Aug 24, 2019, 03:56 AM
There must be some channel or signal online for free but its hard to believe on this too. I am sometime joined on one of the likes of this, and some arent that really accurate. Im thinking if its just because it is free that they just a lousy call or if theres a paid one that really got some good alphas to call with.
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1m_bullMember
Posts: 15 · Reputation: 198
#13Aug 24, 2019, 08:06 AM
Just like on what others been saying that it isnt worth even if you would be paying up some low fees. Why? those shared informations could really be simply searched online or basically you can be able to make up your own analysis on which its totally free of cost. Dont make yourself that being too lazy on learning things because following or joining up groups and seeing out some trade advises and tips wont really be that making you as a better trader. Therefore, it would be that recommended that you should really be that only needing to exert some extra work if you are really that serious on learning up trading skills and dont wait up for some signal and just simply following into those analysis. I've been there but later have been able to realized that it is better to be that self learn rather than on joining groups and paying up some subs but those are indeed not really worth at all.
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bull_gangFull Member
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#14Aug 24, 2019, 09:42 AM
Look — if a certain individual is actually good with trading, he/she wouldn't be wasting time in handling such a group; regardless if free or paid. If you don't want to make your own informed decisions with trading and instead want to listen to some random people on the internet, just don't trade. Simple.
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Posts: 66 · Reputation: 209
#15Aug 24, 2019, 01:29 PM
As for signal groups I don't know what to say because they have not worked at all in the trades I have tried. After joining a few signal groups I decided not to join anymore and from then on I decided to trade based on my own analysis. Trading is a risky business so it is hard for me to say that the signal offers given will be good for you because every trader will look at trading signals differently. Behind the advantages of using trading signals, there is a very significant disadvantage which is scams.
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gang2009Full Member
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#16Aug 24, 2019, 03:24 PM
There are many groups that sell trading signals to people but very few have credibility about their ability to handle beginner traders and there are even many groups that end up scamming because beginners start getting caught up in the nonsense they offer. Even if there is a group that sells trading signals, it will make the price higher so that beginners will definitely be reluctant to pay for it and even the opportunity for beginners to learn will be difficult because they cannot afford it. It is better to find a free one and we can learn to develop trading skills for the initial process of involvement because then we can practice skills without having to pay a lot. But it is also necessary to analyze the learning process yourself in order to see a much better level of accuracy.
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bear_maxiSenior Member
Posts: 349 · Reputation: 1145
#17Aug 24, 2019, 09:25 PM
I don't believe you can still be requesting for a trading group that can cost you some money and yet not take your time to develop what you want and become independently, some of these signal groups are not in best of favour sometimes, not to even talk of the ones you have paid for, just be careful and also do your own research well before accepting or working by any signal received.
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whale_gasMember
Posts: 20 · Reputation: 193
#18Aug 25, 2019, 01:08 AM
Don't ever think that because they are asking for high prices, they are already legit. You can't be sure unless you know these people. If you want to learn to trade, it's better to pay for a mentor, not these people who promise sure kickbacks and profit earning from following them because you only get disappointed and helpless after paying them. You can try just know if that is true. But don't blame us or yourself for not believing in your capabilities. Don't get blinded by the experience of others but rather open your mind and understand it.
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vault_alphaHero Member
Posts: 363 · Reputation: 2228
#19Aug 26, 2019, 08:41 PM
Wait a minute, which signal group are you talking about? Do you mean those you would give your money to trade for you? That will be the biggest mistake you are about to make. I've not seen anyone with a good experience with that, they might be fine at a time, but before you know it, boom! Your money is done. The best I know now is the copy trading programs, you will still need to do your homework by self to know the best of them. They are risky too, yet you can plan a low-risk trading with them to be safer.
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ryan_orbitFull Member
Posts: 137 · Reputation: 649
#20Aug 26, 2019, 11:49 PM
There are actually signal groups that gives good signals and make people profitable signals, but most of them are not free signals and you have to pay for them. And even when you’re paying for such services, it doesn’t means all signals sent to the group will give you good rewards at that time. You have to still learn how to risk, risk management is important to still be profitable through legit signal groups. Know hey you can risk on a trade and when you do, you may see the results of your signals by the end of the subscription. The most important things is that the accumulative signals giving to you should earn you more profits than losses when calculated.
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