Topic: Do You Compare Your Trading ideas with others ? (Read 3483 times)

Don't compare yourself to others, Because you can do as well as they can, if you focus on what you do. Comparing your Trading ideas to others will only stress you why you can't do what they do. Why not focus on what you do so that you will know why you keep making mistakes. It can really help you to build yourself and to be successful like others.

But as you said asking for advice requires a recognition that we do not have all the information and requires to be humble as well and many traders despite their inexperience will never do that, and the few that could are simply too lazy to do it, if you ask a successful trader about what they did to become successful they will tell you but most of the time their advice will need a huge effort on their part and very few traders are ready to commit so much time to verify if the advice they received is accurate and can be applied by them.

It is better to stick in asking for an advice from the successful traders rather than relying on the trading signals from a paid group. It is more profitable in the long run and it will cost less if you will trade and decide by yourself and not from the signals. If you are a newbie, learn to humble yourself that you don't know enough to be profitable so you should continue to learn from the successful traders and adapt their strategy.

Don't compare yourself to others, Because you can do as well as they can, if you focus on what you do. Comparing your Trading ideas to others will only stress you why you can't do what they do. Why not focus on what you do so that you will know why you keep making mistakes. It can really help you to build yourself and to be successful like others.

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?

I usually do this by comparing a number of predictions that often occur in group signals. I always compare them with the results of the lines I made from the chart of price movements at the exchange so that I can find out which is more valid.

I don't think that comparing trading ideas with others is very wise thing. It's good to learn something new all the time but if you compare yourself all the time with others you might start doubt in yourself and think that everyone else is more successful than you and that you are doing something wrong. Have confidence in your own experience.

very interesting that you do, in my opinion it is a very good learning innovation. I myself have never compared my trading strategy with others, so far I have only asked someone who I feel understands about crypto trading. I do daily trading with little capital, maybe if there is time I will try to see the site that you suggest. have a nice vacation and rest guys.

No i never compare my trading strategy or ideas to other because i do it on my own and i don't know what there ideas to maybe i will share but i never compare it because i know to my self that I'm not so good in trading.

Comparing trading ideas is the right thing to do specially if you are a beginner. But never compare your gains from others as this could lead into frustrations if the result is not what you really expect. Try to learn from others as you formulate your own plan.

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.