Topic: Should we have to follow the footmarks of top traders? (Read 387 times)
Learning from other trading crypto currency expert is not a bad idea in the sense that it will help make good trading decision bit you must be careful because not everyone strategy that works for one trader will work for another trader.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Traders have single strategy that is buy low and sell high,one who you calling as top trade might be getting more profits from it by doing it too often or by making maximum profits on the trade so it depends on the every user how long they have patience for doing the right trade with maximum reap.Happy Trading
I am not fond of following others which is simply like manipulating us so we need to trust ourselves more than any trades.
Learning from other trading crypto currency expert is not a bad idea in the sense that it will help make good trading decision bit you must be careful because not everyone strategy that works for one trader will work for another trader.
That will improve our skills to analyze better by learning from another crypto expert so we can buy the coin at the right price. But it is hard to learn from them, and we cannot do it just in one night. It takes time before we can get a good knowledge like them and we also need to practice what we learn so we can understand what the point of the lesson is. Besides that, we can try to make a strategy that will work with our trading so we can make a profit from trading too.
Learning from other trading crypto currency expert is not a bad idea in the sense that it will help make good trading decision bit you must be careful because not everyone strategy that works for one trader will work for another trader.
That is to keep our self aware and to reconsider those shared ideas some are helpful and some are just to ruin our plan. The same thing that we don't need to give our trust to the person who never been met. They struggle difficulties for sure before they go on the top, does for us to make it and conquer those difficulties in order to be like them in the future. Not only we can't guarantee our self. Experienced top traders to be exactly is truly a big help for those who wants to be a success in trading. As these people are already tested by nature in which they have the experiences on how to become a successful traders. It would be lucky for those new comers that they could find top traders that are willing to share their knowledge specially for free.
This is one way to figure it out what they are doing in order to be in the place where they are now. Having their helpful ideas is very important but not totally we should have to follow in every detail they tell us. The market change and so the strategies may change also. However, from their great success, there is something inside that they can't surely tell everyone...that would be their secret. Sounds interesting, right? But they'll keep it for their own. 
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Not actually a bad idea yet our initial steps is somewhat hard and i cant really deny that fact but somehow i do able to manage myself to have that self-learning.Happy Trading
Getting ideas from other traders isnt a bad thing but not also for you to rely on because copying their own trading style wont give out possibility of effectiveness on your part.
I agree that adding up your own style or way of trading along the way is much more preferable.Dont rush up on heading on learning because you would eventually go there in the end.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought.Happy Trading
Experienced traders know already which strategies work better, and which of them can lead to a loss. That is why it is good for a newbie to follow their "footsteps". Of course, I want to say that it is impossible to always be one hundred percent positive, even the most experienced traders make mistakes and lose money, but this serves as a new experience, motivates us to go further, develop and continue this difficult path.
Experienced top traders to be exactly is truly a big help for those who wants to be a success in trading. As these people are already tested by nature in which they have the experiences on how to become a successful traders. It would be lucky for those new comers that they could find top traders that are willing to share their knowledge specially for free.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought.Happy Trading
And it is not only a guarantee as well, so why take the risk of paying them? So again as I have said, no need to rush in crypto trading, if you don't know anything about it, take your time to learn and educated yourself.
it has to be however careful because there are many crazy traders who pretend to be top traders. Usually top traders will give their tips and strategies for free, and different from crazy traders who suck your money from their tipshit.
I do not believe in trading groups in telegram, their goal is only to find a base novice traders who can be lied to for their benefit. And stupidly, these newbie traders follow them without thinking. The question is, why do they have to build a group like that if they can already make a lot money? stupid trick
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought.
I do not believe in trading groups in telegram, their goal is only to find a base novice traders who can be lied to for their benefit. And stupidly, these newbie traders follow them without thinking. The question is, why do they have to build a group like that if they can already make a lot money? stupid trick
Well, I do not agree with this, if you want to become a successful trader you don't need to follow what others do. But you have to think like a pro trader whose goal is not to put winning trades, who's goal is to create consistency. Anyone can put winning trade, it doesn't require any skill but creating consistency from day to day, week to week, month to month, year to year needs some mental skills and a sophisticated attitude. I would say if someone really needs to learn what it means to be a successful trader then must-read " Trading in the zone" by Mark Douglas.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes, we can follow their step to reach our goals but remember, we should have a plan for our strategies, and we can build our step depends on what we want. The steps of the top traders could help us to learn about trading, but we should have our own style and method so we can trade with our skills.
We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
Parts of my training in life is to learn to be responsible for myself and never to depend on people for anything and this advise has gone to majority of us, but that does not mean that we can't learn from people, there is a difference between learning from someone’s, and then relying on the person fully to be able to take an action, so like you said earlier, we can follow their step but not to just depend on it like it is our lives.We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
There is need to remember that we also need to be that leader one day, and the only thing that can classify us as a leader is when we also have the same skill as those ones, which can only be made possible when we have our own full knowledge about it too, with our own personal skills and strategies, we can always make it right.
Being responsible is important for our life because we can manage our time to be more effective and we can use the time for good things. Yes, we don't have to depend on other people, but we can learn from other people so it will use for our life and it will help us to get a better life too. But don't rely on that person because we don't have the same journey as him/her.
It will be good if you can be a leader for other people, but the first thing that you need to do is lead yourself to better than before so you can be a leader for them. It's only a matter of time for you to become better and you should always try to be a good person for your life and other people.
And related to trading, we have time to learn from them and get their knowledge to our good. From their skills, we can learn how to analyze better, and we can improve our skills too and else.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought.Happy Trading
And it is not only a guarantee as well, so why take the risk of paying them? So again as I have said, no need to rush in crypto trading, if you don't know anything about it, take your time to learn and educated yourself.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Happy Trading
If you think that they gonna help you because you are newbie and you need some help then i am telling you you're still in dreams dude. They can give you a fish but never gonna tell you about river. And it's totally unprofessional idea which scratch your trading career. You can analisis their steps but following steps is not a good idea at all.
My opinion if you are gonna professional in this platform give time on it, use your own brain, use your own strategy. You'll fail but trust me those fail will make you success one.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought. Happy Trading
Do you believe these professional trade or even successful trade would tell all their secrets that allowed them to succeed? What they do is just give you little advice and they don't do it for free, either they want to earn views for their channels or they want to make money from books they write... but they never tell all their strategies. That's why I think you shouldn't follow anyone's footsteps ... you should create your own strategies.
If traders are really that successful, they don't need to make videos and 'educate' people just in return for some pocket change. You don't see any actual pro trader on youtube or social media because that's just a waste of time.I'm always hesitant when people claim to be a highly profitable trader, yet want to sell you signals for like $50 a week. It's just an attempt to convince noobs to fill their pockets because with trading they aren't getting anywhere.
The profitable traders keep trading without whoring themselves on social media, while the wannabe traders actively promote themselves as such and try to sell you their rubbish signals and courses.
Yes, we can follow their step to reach our goals but remember, we should have a plan for our strategies, and we can build our step depends on what we want. The steps of the top traders could help us to learn about trading, but we should have our own style and method so we can trade with our skills.
We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
Parts of my training in life is to learn to be responsible for myself and never to depend on people for anything and this advise has gone to majority of us, but that does not mean that we can't learn from people, there is a difference between learning from someone’s, and then relying on the person fully to be able to take an action, so like you said earlier, we can follow their step but not to just depend on it like it is our lives.We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
There is need to remember that we also need to be that leader one day, and the only thing that can classify us as a leader is when we also have the same skill as those ones, which can only be made possible when we have our own full knowledge about it too, with our own personal skills and strategies, we can always make it right.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade
Who are these specialized top traders and what is the models they are using to determine the market and if there is a winning strategy why should we built a different strategy if you already have a winning one, the strategy i follow is to invest when the market is dropping and then wait for the market to recover, the time it takes to recover might take some time since patience is the name of the game. hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes, we can follow their step to reach our goals but remember, we should have a plan for our strategies, and we can build our step depends on what we want. The steps of the top traders could help us to learn about trading, but we should have our own style and method so we can trade with our skills.
We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
We cannot depend on them because each of us different so you need to explore what you have, learn more hard if you think you don't have enough skills in trading. In the end, we can be a pro trader like them with our own style and skills.
Top traders means they were one of the best traders in the world and i'm sure they already rich from trading and i want too following their footsteps but the questions is whether they will honest and allowed people to following them because i fear they don't give to us their real method and usually people will too stingy to give their knowledge to other people and only keep it by theirself
Following the footsteps of the top trader I suppose it is the thing we must do. All we need to learn and a good strategy in doing our trading needs an example. The most important thing is as a beginner we must continue to learn and not easily give up. Being the best trader of course they have ever experienced difficulties. And we must be able to learn from their experience.
Top traders reach their goals just because they are able to put their self comfortable within trading, they dedicate their life here and to create effective strategies that could help them to become successful. They look weird? It may not, they only have that attitude and perseverance which is something missing to the others. If we want to become a millionaire or top traders, we have to follow what they did with their lives and considering their behavior.
Do you believe these professional trade or even successful trade would tell all their secrets that allowed them to succeed? What they do is just give you little advice and they don't do it for free, either they want to earn views for their channels or they want to make money from books they write... but they never tell all their strategies. That's why I think you shouldn't follow anyone's footsteps ... you should create your own strategies.
A lot of different services have already been created that allow novice traders to copy the trading scenario of experienced traders and make a profit. For this service, payment is often made in service tokens. I have not yet used the services of such platforms, but I read a lot about them. Perhaps someone here will be able to do an overview of such a service with a report on the profitability or loss-making of such a trading method. In general, I agree, it is much easier to learn from experienced traders and learn from their experience and knowledge.
I believe that It is better to learn than to completely trade based on their own signal, sometimes, they could be wrong because if we copy their trade, we will not copy their risk management tool, and they know how to manage their own risk while we that has not developed may not know how to manage ours.If we have to copy the trade of anyone that is superior to us and we trust, we have to still first have the full knowledge of the whole thing first, so that we know when they are wrong and still on the right part, than when they are no longer on the right trading path. They might be superior, but they are not Gods, so they are also subject to lots of mistake, which I believe the best way to avoid such mistake is to also have our own strategies.
A lot of different services have already been created that allow novice traders to copy the trading scenario of experienced traders and make a profit. For this service, payment is often made in service tokens. I have not yet used the services of such platforms, but I read a lot about them. Perhaps someone here will be able to do an overview of such a service with a report on the profitability or loss-making of such a trading method. In general, I agree, it is much easier to learn from experienced traders and learn from their experience and knowledge.
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Professional traders are selfish and they will not tell their secrets.
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I am also thinking this, because if they will share their knowledge on how they can make money, especially on trading. Then, there will be new people who will counter them, get what I wanted to say?Professional traders are selfish and they will not tell their secrets.
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Those public advertisements they showing, like gains on their every chart, but behind those, they have this some secrets what they are using.
With that said, you can use websites like eToro that offer copytrading features. Similarly, there's a bunch of trading bots that allow you to automatically mirror the trades of top performers, though this usually comes at a fee.
This works until it no longer does. Regardless of how 'professional' a trader is, a losing streak is very much what you will be subject to at some point.
I get the idea of people looking at how other traders think about the market, read into their analysis and whatnot, but that should never be something you copy in full. Another disadvantage is that by copying trades you don't actually gain any crucial market experience yourself. All you do is depend on others to tell you what to do. You have no clue if they're selling you bs or worthwhile signals.
Also, some of these traders don't tell you is that they hedge their positions by using options, which means that even if their main trade isn't profitable, they can still make money through these options.
Not totally to become a shadow of their steps but to figure it out how they did and become a successful trader is enough. We have to make our own way also and finding the best strategies suited to us. Those top traders working it hard to reach on the top and that's the thing we have look at. It doesn't mean that we have to follow their strategies, only we need to see their behavior and how they become committed to their work.
There are definitely a lot of takeaways from 'top' traders that you can use to better your own trading, but by no means should you be cloning their every move, especially if you don't understand why the person you're following is doing those things (common with newbies to trading). It's perfectly fine to analyze what better traders do, but you should also be learning on your own and making a unique trading plan yourself that's not completely plagiarized from somebody else. Put your own spin on things.
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Professional traders are selfish and they will not tell their secrets.
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I am also thinking this, because if they will share their knowledge on how they can make money, especially on trading. Then, there will be new people who will counter them, get what I wanted to say?Professional traders are selfish and they will not tell their secrets.
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It is more likely, "If you found a river with a lot of fish, and if you will tell it to others, you will be having another person to share with the fish, your fish catches will probably decrease", unless you are generous, it will be different.
Most top traders don't publish their trades, and even if they do, they don't publish them right after they make them.
With that said, you can use websites like eToro that offer copytrading features. Similarly, there's a bunch of trading bots that allow you to automatically mirror the trades of top performers, though this usually comes at a fee.
If you're inexperienced then this is probably a good way to begin. But make sure you do your homework as there are situations that need to be responded to that you need to know about.
With that said, you can use websites like eToro that offer copytrading features. Similarly, there's a bunch of trading bots that allow you to automatically mirror the trades of top performers, though this usually comes at a fee.
If you're inexperienced then this is probably a good way to begin. But make sure you do your homework as there are situations that need to be responded to that you need to know about.
~....
Professional traders are selfish and they will not tell their secrets.
.....
I am also thinking this, because if they will share their knowledge on how they can make money, especially on trading. Then, there will be new people who will counter them, get what I wanted to say?Professional traders are selfish and they will not tell their secrets.
.....
It is more likely, "If you found a river with a lot of fish, and if you will tell it to others, you will be having another person to share with the fish, your fish catches will probably decrease", unless you are generous, it will be different.
What made top traders gain their profit might not work for you. Their timing is different with yours. however, it is indeed a good idea to pick and follow a trader and see how he makes profits specially if that trader openly shares his knowledge to everyone. But keep in mind what they will share is what they experienced and it might not be applicable on your next trade.
I simply must agree with that , a new trader and an experienced trader has their own timelines .. if you force to apply it into yours i bet that things would went wrong.It's pretty obvious that those people who make a plain copy on what top traders doing are know nothing but greed to achieve an instant success.
You can but to be honest, you can't especially if you are a newbie.
I know some newbie traders are following the moves of the professional traders but them and you are different especially in the skills and knowledge both of you have. Professional traders are selfish and they will not tell their secrets. Maybe they will share some of the tips and tricks but adding a research coming from you will help you be a professional trader.
I know some newbie traders are following the moves of the professional traders but them and you are different especially in the skills and knowledge both of you have. Professional traders are selfish and they will not tell their secrets. Maybe they will share some of the tips and tricks but adding a research coming from you will help you be a professional trader.
Top traders are not something we can actually calculate, if there was a website where you can see the trades of a person and it showed like a profile how much they made then we could have an exchange social media type deal (amazing idea by the way, someone should definitely do it). That way we could see who buys what and sells what and how much they made so far and during bear or bull etc etc and can decide who is a great trader and who is a horrible trader. After that we could at least eliminate the bad ones and pick the good ones that have been profiting consistently for a long time.
Because, someone who did a great profit and become super rich doesn't mean they are a good trader, maybe that was a dumb luck for a first time and we need to see people who do great trades consistently.
Because, someone who did a great profit and become super rich doesn't mean they are a good trader, maybe that was a dumb luck for a first time and we need to see people who do great trades consistently.
Why not? That top traders and expert you are mentioning started from newbie like you. If we follow them, their strategies, their advices, their footsteps then it will be a great help. Trading needs knowledge, and we can somehow gain that knowledge somehow from the other traders who shares their tactics, etc. If we already know some of their strategies, you can now build confidence especially you can create your own TA that suits you well.
no.
because first of all no "REAL" top trader who is ACTUALLY successful is going to ever waste their time and betray their own privacy to reveal what they are doing in the market. we are talking about a big risk here, they can easily be targeted if others knew who they were and how much money they were handling.
the result is that whoever you see is publishing their trading history is either newcomers like yourself that are sharing their thoughts or scammers who are trying to pump some shitcoin they are trying to dump.
secondly, the best case scenario is that you find a real deal but following any trade is not going to give YOU any money because you would be already late! entering and exiting the market specially in the highly volatile and manipulated altcoin market always requires being fast. so by the time you see what they did, it is already too late.
because first of all no "REAL" top trader who is ACTUALLY successful is going to ever waste their time and betray their own privacy to reveal what they are doing in the market. we are talking about a big risk here, they can easily be targeted if others knew who they were and how much money they were handling.
the result is that whoever you see is publishing their trading history is either newcomers like yourself that are sharing their thoughts or scammers who are trying to pump some shitcoin they are trying to dump.
secondly, the best case scenario is that you find a real deal but following any trade is not going to give YOU any money because you would be already late! entering and exiting the market specially in the highly volatile and manipulated altcoin market always requires being fast. so by the time you see what they did, it is already too late.
In as much as it is good to follow the footprint of top traders, its is also better that traders learn and develop a trade pattern for themselves as sometimes top traders can make a mistake in trades its left for the trader to detect the error and make changes on its own
That is right mate, we cannot totally depend in people’s opinion, sometime, our own opinion could even be better than that of such trader and we will fail to apply it because we feel that those top traders have any special ability, they don’t, they are people like us, they have only dedicated their time to what they are doing which some newbies are also doing and it is when they explore on their own too that they discover the strategies that those top traders are basically using. I think everyone of us just have to learn to be dependent, if we are dependent and we fail, then it will be more work for us to research on the reason for our failure in other to fix it, but if we don’t learn how to fix it on our own, we will not be able to become perfect like those pro traders.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Happy Trading
Pretty great smart idea following the strategy of the top experience top traders are best to get a lot of knowledge and skills how to become a master trader or successful trader herein crypto space. But before to follow them need to,be careful and investigate their reputation because some of them are scammers prentend as expert but not.
In as much as it is good to follow the footprint of top traders, its is also better that traders learn and develop a trade pattern for themselves as sometimes top traders can make a mistake in trades its left for the trader to detect the error and make changes on its own
Following the instructions does not mean to invest in what you are asking them, but to know how to analyze the news and then know the impact of that analysis.
The analyst (top traders) does not tell you what/where to invest but teach you how to invest. Scammers tell you where to invest and start telling lies to make you believe.
So stand yourself, know what information you trust and then put your personal plan. The most important is learning, not profit.
The analyst (top traders) does not tell you what/where to invest but teach you how to invest. Scammers tell you where to invest and start telling lies to make you believe.
So stand yourself, know what information you trust and then put your personal plan. The most important is learning, not profit.
You mean copy trading? It is not a guarantee to success as well, and for me this is a bad advise. If you really wanted to be successful in crypto trading, you really need to study and work very hard. What if the guy you followed totally mislead a lot of people and deliberately put orders that doesn't make sense and will eventually loss you money?
If you are a newbie, then take baby steps, trading is not like you gonna learn in weeks or months. It a continues journey and even successful trader up to this day will tell you that they are still in a learning process because crypto trading is very different.
If you are a newbie, then take baby steps, trading is not like you gonna learn in weeks or months. It a continues journey and even successful trader up to this day will tell you that they are still in a learning process because crypto trading is very different.
If you just follow and copy the strategies of top traders that doesn't mean you will be equaly successful. What works for them it doesn't necessary work for you. And I beleive they are top traders exactly because they developed their own strategy which is result of their work, knowledge and presence on the market. I don't think there is a receipe to become top traders others it would be enough just to follow that steps.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
No one will tell you the secret of their success,all they will teach you is common and basics of trading and its good thing to get inspired from a good trader and trying to be the same like them but being copy cat won't work just see their hard work but never copy their trading styles it won't work for you. Happy Trading
I don't think there is a roadmap to becoming a good trader or there is a trader that is always profiting. In the end everything changes constantly and even a top trader who has been amazing so far can end up with less money after a while.
You have to draw your own path and decide on what type of trader you want to be and how you want to trade, there are so many millions of tiny details about trading that you can't have exactly the same 2 ways of doing it, hence you can copy some of the traders on some big stuff but in the end you have to personalize it, even having different amounts on your starting capital can change so much that you wouldn't believe it. I would say pick some important lessons from the experienced people but use it to draw your own conclusions.
You have to draw your own path and decide on what type of trader you want to be and how you want to trade, there are so many millions of tiny details about trading that you can't have exactly the same 2 ways of doing it, hence you can copy some of the traders on some big stuff but in the end you have to personalize it, even having different amounts on your starting capital can change so much that you wouldn't believe it. I would say pick some important lessons from the experienced people but use it to draw your own conclusions.
But as a newbie its better if we follow the top trader and learn from them as they can teach you things
Yeah, newbie is always a stage to learn almost in every field including posting on this forum because you have to understand so many things here first also where to post, add signature
.Talking about trading however, after a newbie stage, it is better to build your own strategy from what you have learnt.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Happy Trading
But the thing with top traders is they rarely share their actual strategies. You also have to look at top traders who have consistently been there for years. Some places which track you can see top traders in 1 year didn't do well previous years or following years. You want consistent above average traders, IMO.
It is really good if you follow 'how they build their knowledge on trading', as their strategy, how they manage their trading funds, like risk management.
But if you follow their every entry price or their every trade like if they told buy here, sell here, take profit here, it's another story then and it is not advisable for me.
Also, there are some top traders who have paid course online, which is they have some e-books or videos or private coaching but you will pay them, so, it is advisable also to subscribe and pay them? It's still up to you. But if you follow the footmarks of every top trader, it is much better if you are updated on his/her trading life, or much better if you can also ask them how they do this or that.
But if you follow their every entry price or their every trade like if they told buy here, sell here, take profit here, it's another story then and it is not advisable for me.
Also, there are some top traders who have paid course online, which is they have some e-books or videos or private coaching but you will pay them, so, it is advisable also to subscribe and pay them? It's still up to you. But if you follow the footmarks of every top trader, it is much better if you are updated on his/her trading life, or much better if you can also ask them how they do this or that.
Everyone new traders need a mentor, it is when you have a mentor that has taken you far to some extent that you will continue where he has stopped, the mistake some of us made from the beginning was to start trading live immediately our mentor takes us through trading, meanwhile, we are meant to first of all, explore more ourselves and look for more strategies before we engage fully in a live trade.
There is no one that can really learn quick without following top traders first, they didn’t become top traders too on their own, they must have had some other pro traders they have relied on, we only have few people that are born smart, those are the ones that are very gifted learning on their own, and even with that, they still watch YouTube of top trader to learn, so they indirectly rely on pro traders first too.
There is no one that can really learn quick without following top traders first, they didn’t become top traders too on their own, they must have had some other pro traders they have relied on, we only have few people that are born smart, those are the ones that are very gifted learning on their own, and even with that, they still watch YouTube of top trader to learn, so they indirectly rely on pro traders first too.
50-50.
Top traders tend to go to higher risk trading. Also, it could mean a huge amount of money since they have been trading for a long time.
Better to just use their strategies as your starting line. You can still make your own while also using their reference from all their successful trades.
I tend to go the other way around from what they tell me.
I dont know why but I love to be the underdog betting with higher risk.
Top traders tend to go to higher risk trading. Also, it could mean a huge amount of money since they have been trading for a long time.
Better to just use their strategies as your starting line. You can still make your own while also using their reference from all their successful trades.
I tend to go the other way around from what they tell me.
I dont know why but I love to be the underdog betting with higher risk.
Learning from the trading experts is good but to follow their footprints to place the orders is wrong.
We can ask them the trading secrets, but absolutely should not do the same transaction with them.
because when a strategy is well known, it will become mass and no longer work.
So, have your own thoughts to invest better.
We can ask them the trading secrets, but absolutely should not do the same transaction with them.
because when a strategy is well known, it will become mass and no longer work.
So, have your own thoughts to invest better.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Happy Trading
Following them isn't wrong in the first place especially for newbies. You can take their shared strategies as reference for making a strategy.
The real action is doing the actual trades. This is the time you will test if the strategy you got by either following others or created by you will be effective in the long run. Honestly, you can't copy literally the other's whole strategy even you want it as it relies on different factors so for this you need to rely on your own.
Don't regret if you will lose on the way, that's common. Even professional traders today losses. Take mistakes as a lesson.
Experience will teach you how to be a better trader.
What made top traders gain their profit might not work for you. Their timing is different with yours. however, it is indeed a good idea to pick and follow a trader and see how he makes profits specially if that trader openly shares his knowledge to everyone. But keep in mind what they will share is what they experienced and it might not be applicable on your next trade.
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Not a necessary thing actually yet all tools are already in the net which is already sufficient for you to learn.If you do like to waste up money for subs then go on but if not then its better not to have this option.Following good traders wont completely teach you out on how they do make money,maybe on some terminologies or basic stuffs and also if he had his own trading that works for him it doesnt mean that it would also works for you.It doesnt work that way so its much better or nothing can beat up on have self learning. Happy Trading
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
This is called modelling and it is critical for your success, at the beginning when you are just a newbie you are going to have trouble deciding what strategy to use to earn money in the markets, as such it is important to find other traders and investors you admire and read everything you can about them, especially their strategies, then from those strategies you can use the one that better adapts to your style, and once you acquire more experience you can try to improve the strategy you are currently using. Happy Trading
As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan.
Happy Trading
Happy Trading
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