I know that many traders use special trading chats created for this purpose, in which they share their observations and market research.
This very well helps less experienced traders get feedback from more experienced ones.
I think you yourself understand how much this can increase the level of understanding and analysis of the market.
Topic: Do You Compare Your Trading ideas with others ? - page 7. (Read 3483 times)
It is important to compare trades as a trader as this helps you acquire the right tools to become a more confident and successful investor. This way, you are able to choose the trading platform that best suits your investment needs. These needs differ for every investor. You are also able to pick your desired trading strategy and style.
Sometimes I do check other established traders' ideas about the market, but if I would setup a trading idea I'd never interfere their view on the market with mine. I just like to see how they think and maybe pick up some new concepts.
Nitpicking of ideas is always been my habit.I don't tend to use up entirely on their own idea yet I do have my own idea to use but you can get some part of it and yes its not bad to pick up some new concepts because the longer you trade the more experience and knowledge you do get.If you do try to copy others idea it would just push you or stress you out.
Yes, I for sure do because I don’t think there is anything to lose at all. We can always not follow it but we should be ready to at least discuss or listen to others. If we do that we not only can get into better shape to perform but also we would be a lot more comfortable as well with our decisions. I generally prefer using top Crypto Facebook Groups, as this is how I am able to keep myself updated with all the happening easily.
I don't mind comparing in my own little way, but getting a glimpse or new ideas on how others
are doing fuels my drive to do better. It's inspiring certainly at some point, thinking positive
while evaluating the different strategies at play.
are doing fuels my drive to do better. It's inspiring certainly at some point, thinking positive
while evaluating the different strategies at play.
Sometimes I do check other established traders' ideas about the market, but if I would setup a trading idea I'd never interfere their view on the market with mine. I just like to see how they think and maybe pick up some new concepts.
It is really amazing how others get succeed in trading but I don't and I'm still losing. It brings into our mind to ask how they did it and we can make a mirror with them. It is likely to know their strategy and so we can compare and find out what is wrong with mine. This is also a way to improve and develop our knowledge base of what others do and for the chase of their success.
Most people that I see that are not really making it in trading is because they feel they can do it by themselves and they have not associated themselves with anything, so what they do is to actually is to learn how to trade by themselves, and they develop strategy by themselves, and never get experience from other people.If we really want to be strong in trading, we have to learn to associate with other top trader and also be able to learn one or two things from them because without that, our strategy may not be competitive enough and we may think that we have the best strategy just because we have not seen other people’s own, if you learn not to rely on your strategy alone, and we compare with others, we will be able to develop more, so just try to get some mentors and work directly with them , then I can assure you that you will get it right.
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
I guess you are missing out the benefit of being a community. I mean when you are comparing you may get chances to identify where you need to improve yourself. I strongly believe comparing (in any means) must be one of the easiest way to identify our lagging skills. 
I don`t do that, cause I don`t care what other people are doing. I learned a long time ago that it`s the best for me to relay on myself, when I make some profit it`s on me, when I lose it`s on me to, I`m to blame for everything I do, not others.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
- Well, I know that trading is a job that requires our own capabilities rather than looking at what others are doing but the knowledge in trading is too much, we cannot understand it all, so get rid of your ego and look at reality, compare ideas and look at what others have created to be more mature, don't think that we look at other people's ideas, the decision is to follow the path of others. It is a mistake, an investor needs to see the path of others, recognize their limitations and build a more perfect path, overwhelming others. And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
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.
No, I don't think this is a good way. because the transaction only has buyers and sellers, if everyone is the same, then the market will not be.
You should be yourself, learn from your mistakes and invent your trading method. In so doing, you are getting better day by day and your trading strategy will grow if you keep practicing.
You should be yourself, learn from your mistakes and invent your trading method. In so doing, you are getting better day by day and your trading strategy will grow if you keep practicing.
You can compare your trading ideas with others so you can get new ideas to trade because sometimes when we are lack of information, we need other people to help us to find the ideas. Perhaps, what you did in the telegram signal channels is good, so you can get so many information about each coin which will be useful for you to trade. But make sure that you can get valid information so it will help you to analyze the coin and you can find the right price to buy and sell.
Really, I investigate strategies and I am taking ideas, since each trader has different objectives and for what it can be profitable for some others no. The Mintme Platform allows you to interact with other users and evaluate your investments. Mintme also allows you to see the profiles of each token to make the investment decisions according to your criteria.
Well yes I do compare my trading ideas to others especially the TA came from pro traders because I think it can help me to improve my strategy and do better.
After gathering infos then I will come with my own strategy. For me its fine to compare as long as you will gain something from it positively.
Thats how I learn in trading.
After gathering infos then I will come with my own strategy. For me its fine to compare as long as you will gain something from it positively.
Thats how I learn in trading.
I don`t do that, cause I don`t care what other people are doing. I learned a long time ago that it`s the best for me to relay on myself, when I make some profit it`s on me, when I lose it`s on me to, I`m to blame for everything I do, not others.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
There's nothing wrong if we compare our own TA with other's TA. I do that sometimes, it is basically healthy when I just wanna confirm the right entry time certainly as a Margin trader. But remember that trust only your own Technical analysis, most of the times the simplier indicator works for me than comparing their indicators with so many lines.
We have different styles and ideas in trading. If that style works for him/her doesn't mean it will also work for you.
We have different styles and ideas in trading. If that style works for him/her doesn't mean it will also work for you.
I occasionally do. I've learned a ton about trading and certain things that you might not find in trading guides and perhaps even books from looking at other peoples' charts, and looking at other peoples' ideas is also a good way to evaluate your own biases and see if you're leaning too far towards one side or another. Almost everybody trading has a bias towards either side for many reasons (I'm naturally bullish), but if you're only playing one side of the coin, you're missing out on a lot and you could be losing money as well. The best traders don't stay permanently bullish or bearish.
What for? I don't see any good reason why and I don't see any benefit in doing that. Maybe I can learn from the trades of others but comparing it side by side from my trades and others, it will just make me think that I've done something wrong and might try something stupid to recover my loses. I would rather take down my mistakes and learn from it so it will not happen it or at least to avoid it.
I usually do this since many groups shares their ideas about a specific coin and they share some movements of a specific coin but of course I don't follow them since I'm making my own trading research. If you keep on comparing your work with the others you might be confuse on what to follow, so my advice is to focus on what you have and focus on your skills, if you are not confident about your ideas then don't trade.
If you don't have confidence it will be hard for you to succeed from this industry, trading is tough and comparing your ideas to others will bring confusions sometimes it can help you to build much better strategies but most of the time it won't and will only cause you trouble deciding what directions to take. You need to be more specific and stay focus with what you already have, you can share it but keep the way as it is. Its not bad to get some ideas but dont go too much of it because it will just disrupt your focus.It might not be an easy thing but it will be worthy
if you do able discover your own trading style and i agree on what said above that this will lead to lots of trials and errors but those things
are stepping stones to learning.
For trading, i do solo. Because some of my friends is bounty hunters. For trading, usually they only sell their tokens in market and not do regular trading. About analysis, usually i only pick rate that i think good to buy or maybe above wall. Sometime my order executed, and sell below wall. Not always success, usually lose but i am still learning to do technical analysis or maybe how to read chart.
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