Topic: Do You Compare Your Trading ideas with others ? - page 5. (Read 3483 times)
Yes sometimes but not just to make comparison wherein i always look forward on some ideas because i want accumulate more strategies and opinions, in order for me to build new strategy as well or let say to have second option in case there's a problem occur in the market. Because you know being confident on your own idea is uncertain. So much better to find other ideas as well so that you can obtain more info and etc.
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.
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.
No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.
I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Just consider market move of the day with bitcoin. It dropped low to $8000, upon the same more predictions came describing it the starting of fall. In the evening it has recovered and crossed $8200. We need to be lucky to profit out of cryptocurrency even when we're highly skilled or highly experienced.
Yes I do and I think everyone does this. Not only it increases your faith on your own idea it gives you a double check assurance as to the fact that you are thinking in the right direction and you can give that trade a go. Moreover, what it also does is help you check the weaknesses of your ideas what you might be missing in your analysis. Analysis is just brain storming may be something which you are not thinking of has already been thought by some other person. Secondly I agree signals are nothing but shit until you are in some palm beach signals group. Most of the signal groups do nothing but copy their ideas from a bigger expensive group and until this idea reaches you the coin has already been pumped too much. But getting ideas of TA from other persons is always the best thing to do.
No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.
I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Yes, I am trying to compare my own ideas with other people, but final decision whether to buy or sell any asset I take according to my strategy. So I bear in mind some advices, but I believe each trader should keep his own strategy
Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I think it's natural to be able to compare your own trades with others, especially if that person is a top trader who can always make a profit. but even so, the strategy that must be used is to do your own analysis and be able to consider other people's ideas because the decision we will make to trade can only be done with self-confidence
I usually compare my ideas and strategies to others'. It is important to not stick to an idea and defend it for death. So, different perspectives and minds are crucial for tradings. Everyday new implementations are adding up to the environment. So, it is good to compare and learn from others
When you're comparing on lots of ideas which has typical points, I guess you'd formulate a strong foundation on your trading. Some situations might not be so good once you're not able to control yourself, specially in times of doubt. But if you're equipped with experiences together with strong dedication, that's for sure successful trading will be yours.
I compare my trading ideas with others sometimes if the idea looks interesting for me, and proved to work by the traders. Trading is a risky way, and knowledge is very essential to avoid the big lose and make the maximum potential profit. Even if you are very experienced in this field, you still need to learn more.
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Comparing it could help you see what could be the downside of your trading strategy and know why the latter is moving differently. You can also take some tips and learnings from others and apply or add it to your strategy so that yours will be effective more than before.
No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.
I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
The main mistake that some users often make is to think that some strategy of successful trader will be good for them too.
It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
Many people do not really take into account their personality when they are devising their own strategy and I find that to be a horrible mistake, you could create a strategy that could make you a millionaire in just a few years but if for some reason you do not feel comfortable following that strategy then when the time comes to apply it you're not going to do it even if you know that it is the right thing to do, so before committing to a strategy ask yourself if you can really follow that strategy and make money with it.It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
There are too many trading ideas just choose what you think is good and can help you.
Yes, I compare my trading ideas and strategy with others, because that's helpful for me to improve my trading experience. Trading is a very risky field, and we have to keep learning and reading about the other experiences especially from the successful traders in order to minimize the risks of losing.
I do compare my trading ideas with others for me to check whether i'm doing it correctly and all by comparing your ideas to others will help you learn essential things that you can use to make your ideas or strategies better. For me comparing your ideas does not really imply that you are weak or something but it is a way for a trader to weigh which strategy is better and also know whether you have to correct something from your ideas.
Trading is a bit complicated most especially if you are new and I think checking on other people's idea is a best thing to do to learn and become successful in trading.
Trading is a bit complicated most especially if you are new and I think checking on other people's idea is a best thing to do to learn and become successful in trading.
There are times that I really do compare my trading ideas to others because these way I can gather some techniques to correct my mistakes. At some point
Same here mate, I consider sharing ideas with others to improve my skills in Trading, it helps me to improve my logic and how I will make a solution for a definite situation. It is more easier if you guys team up and solve a problem as one, you could rely on each other because you have all skills and talent.
I admit I still have a lack of techniques and analysis to do in trading. These way I can be a better trader and learn some knowledge from an expert trader.
This is what we should all do! Denying our weaknesses and pretending we are strong or professional doesn't change anything, we are just putting ourselves in a shameful way. We are not going to grow this way, it is not going to hurt your ego if you are going to ask some help sometimes, it doesn't have any fee also, so we have to encourage ourselves to accept other ideas to be able to learn more and be a real professional in Trading.
The main mistake that some users often make is to think that some strategy of successful trader will be good for them too.
It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
Many people do not really take into account their personality when they are devising their own strategy and I find that to be a horrible mistake, you could create a strategy that could make you a millionaire in just a few years but if for some reason you do not feel comfortable following that strategy then when the time comes to apply it you're not going to do it even if you know that it is the right thing to do, so before committing to a strategy ask yourself if you can really follow that strategy and make money with it. It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
It's a healthy thing to do - comparing one's trading idea with others, especially if one isn't making much profit or profits at all. It goes to buttress the fact that a tree doesn't make a forest. It should even transcend comparing to copying trade ideas and formulas too.
We look in a mirror even with one purpose - to compare us with others. Certainly, I also do it regularly, and it is normal. However, comparing my methods of trading with the stuff what is done by other guys does not mean that I should follow their ideas. The comparison is given to find out what are the pros and cons of all approaches to create the better, new one trading strategy.
It's a healthy thing to do - comparing one's trading idea with others, especially if one isn't making much profit or profits at all. It goes to buttress the fact that a tree doesn't make a forest. It should even transcend comparing to copying trade ideas and formulas too.
We look in a mirror even with one purpose - to compare us with others. Certainly, I also do it regularly, and it is normal. However, comparing my methods of trading with the stuff what is done by other guys does not mean that I should follow their ideas. The comparison is given to find out what are the pros and cons of all approaches to create the better, new one trading strategy.
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