I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
Topic: Do You Compare Your Trading ideas with others ? - page 3. (Read 3483 times)
Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.
I wouldn't advice anyone especially a newbie to take the path of going the way of signals, free or paid. The best is to learn the rope. Yes, it takes time but It's worth it especially in the long run. If you can make your own analysis, even if you make mistakes, document them and improve, You should get better at trading and get better profits. You can get inspired by checking out other people's trading ideas. I believe trading view have a section for that.
Its much more way better if you do know on how to trade according to your own will and knowledge. Going or do simply follow out some signals
make you some sort of a puppet where you do always rely with others idea.When those people arent already giving any signals then you done for.
Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.
I wouldn't advice anyone especially a newbie to take the path of going the way of signals, free or paid. The best is to learn the rope. Yes, it takes time but It's worth it especially in the long run. If you can make your own analysis, even if you make mistakes, document them and improve, You should get better at trading and get better profits. You can get inspired by checking out other people's trading ideas. I believe trading view have a section for that.
Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as
1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own
So far, i still comfortable with my trade methods. So no need to look any signal and other methods
In my own case I twerked my own method from their own strategy because I might not have enough experienced like those signals provider for instance they might be using a smaller time frame to trade while I prefers a higher time frame of course i will always compare their risk to reward ratio of theirs to my although my portfolio might be small nevertheless I still use my own discretion and ideas to follow them based on their expertise and professionalism in trading. 1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own
So far, i still comfortable with my trade methods. So no need to look any signal and other methods
In past years, the situation on the entire cryptocurrency market was quite different, and when I started my activity in trading, everything turned out quite easily and gave good results. In 2016 and 2017, I was able to implement my strategy in trading. But in the current situation on the cryptocurrency market, my strategy practically does not work. I have lost a lot of money and now I am adjusting to the current trend of the cryptocurrency market and I am starting to study the possibilities of trading a new one. I did not say that I was a professional trader, but I already gained some experience. But apparently this experience seemed very small.
Correct, this is a very effective way to know if your strategies is really that helpful to gain more profits, by comparing it to others you are also accepting their ideas to find another way to earn profits. We sometimes have experience mental block because of continues failures in Trading, and ended up having a mindset that trading is not suitable for us and quitting it is more better than always losing profits.
I don't know about being effective... sometimes there is a thing called too many cooks spoiling the recipe, and the same would apply even or especially to crypto trading.
Nothing beats making your own mistakes and adjusting things to your precise needs and requirements. Compare to learn. Sure. But it's not exactly effective.
This can be done to be able to find new strategies for making profits when trading, often sharing to add insight because this is very profitable. there is nothing wrong if we share information with traders because it can add information every day, even for myself, I made a group that is specialized for sharing trading every day for traders. mutual benefit between people
Sometimes it can also add some pumped, this groups who's sharing ideas getting good position from the market, once there's additional investors or traders to join the group and start following the target coin it push the value up. Though it's needed to have deeper knowledge regarding to your investment and not to rush following or engaging to whatever project is being selected. You still need to stay with your understanding to avoid having a mistakes or regrets take time to use everything to learn much deeper.
I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as
(......)
But you can learn also from other while comparing your trading ideas, especially in some indicator or even in patterns.(......)
Or even in some method like Elliot Wave.
We have different ideas especially in trading, we can also see some people that has better or maybe you can understand it easy and comfortable. Then, that's the time we can able to compare ideas, because it will lead to learnings for sure.
This can be done to be able to find new strategies for making profits when trading, often sharing to add insight because this is very profitable. there is nothing wrong if we share information with traders because it can add information every day, even for myself, I made a group that is specialized for sharing trading every day for traders. mutual benefit between people
Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as
1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own
So far, i still comfortable with my trade methods. So no need to look any signal and other methods
1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own
So far, i still comfortable with my trade methods. So no need to look any signal and other methods
I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price. 
There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.
You cannot view trading as a sort of gambling, timing is everything when it comes to investment and you can have the profit if you are patient enough to sell only at a profit and not to sell off because the market is going down and gambling is entire different as you have no clue about the outcome and hence both are entirely different, if you are smart enough then you will end up in a profit 
.They follow other people's advice, but they never research by themselves.
That will happen, too, with the investment.
And if they keep doing that, they will not be able to make a profit even if they use the investment as the long term investment.
Search the right timing to buy or sell will determine your profit, and if you cannot do that, then better you don't invest in anything.
You can compare your trading analysis with the other, but remember, and you don't need to use their analysis to buy or sell.
You should determine your own price because that is your money, you want to make a big profit than the others.
After you know how much price you want to buy or sell, you can place the order to buy or sell, and leave it until its filled.
There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.
You cannot view trading as a sort of gambling, timing is everything when it comes to investment and you can have the profit if you are patient enough to sell only at a profit and not to sell off because the market is going down and gambling is entire different as you have no clue about the outcome and hence both are entirely different, if you are smart enough then you will end up in a profit . Comparing trades is not a bad idea, if you do it to learn, from mistakes, for how to improve, or even to simply yearn for something better. However, comparing can also be destructive if done in such a way that breeds envy and greed.
Remember that the grass will always be greener on the other side, the secret to success and happiness is being content with what you have.
We need to understand this concept that if we trade as a team, we have many minds working for same goal and if one domain is by chance missed by one person, others are there to cover it. I have seen many traders working together because of this very reason. Moreover sharing knowledge helps you in learning more. Remember that the grass will always be greener on the other side, the secret to success and happiness is being content with what you have.
It is a good thing to compare my own trade with others and it will be a correction of what my trading weaknesses and mistakes are so that I become a mutually beneficial trader.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.
There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.
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 lean from others as you formulate your own plan.
For beginners, finding reasons on how to speculate correctly with the help of others assumptions will give a good hints to be more comfortable with position that you'll going to take. With their knowledge about the project it's best to study what are the reason behind why they are going to invest and support. Comparing your ideas and building a good system to execute your trading position with the right anticipation.
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.
It is a good thing to compare my own trade with others and it will be a correction of what my trading weaknesses and mistakes are so that I become a mutually beneficial trader.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.
Comparing my ideas will help us to acquire more knowledge in technical skills because without sharing it is impossible for us to find the mistake done by us. Everyone will make mistakes, but in order to rectify, we have to share those with our friend who has very good experience of trading.
sometimes we can get success from trading that is from a failure that we experience. sharing trading ideas for many people and exchanging trading ideas with others will make us learn new and good things, of course with a technique that is better and more profitableJump to: