🔆How to recognize the validity of the signal and make a profitHi Guys
We are all familiar with the signals posted by different people in Trading View, but the main question is which signals are reliable and which ones are invalid ?
In this post, I want to show you the ways to understand the validity of a signal so that you can make a good profit according to the tradingview signals:
1️⃣ REPUTATION:
When you enter a person's page, you will see the green part of the reputation at the top of the page, which is announcing to you that:
Suffice it to say that reputation is an indicator of trust, driven by how the community responds to users and their posts such as ideas and snapshots. The response is measured in social actions e.g. follows, likes, comments, views, etc.
⚠️Notice: Anyone who has had a great reputation in Trading View is not necessarily a trustworthy person, and we must check his signals in method number 2 to use his signals.
2️⃣Personally check the signal:
As you know, when someone posts his analyses in a trading view, he can't change it , and you can see the analysis went well or Not by clicking the play button next to each analysis.
⚠️Notice: But the important point in examining the quality of analyzes is that: If you check 2 or 3 posts in a row, one person may have the wrong analysis in those circumstances, or he may have the correct analysis only in those circumstances. And then your analysis of the person could be wrong.
The correct way to identify professional traders is as follows: at First, look at the trades analyses about bitcoin when the bitcoin price was drop if they predicted the btc drop they could be a professional trader. (because only a professional trader can predict the BTC price drop).
Check signals at critical market times, for example:(3-6 nov (2021),20-21 jul(2021),13-14 apr(2021),...)
3️⃣Reason for analysis:
when anybody share their analyses , Did he specify the reason for his analysis in the chart or did he publish it in the description below?
⚠️Notice: You can assess their credibility by analyzing the charts of traders and the descriptions below.
4️⃣Compare traders' analysis together:
After going through the above steps, we may find 4 or 5 reliable traders whose signals can be trusted. In this section, the best thing to do is to check the analysis of these traders together, especially in the case of Bitcoin, which is all traders are constantly publishing their own analysis of Bitcoin chart.
5️⃣You comment number 5.
