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Topic: Trade by yourself - page 7. (Read 9143 times)

sr. member
Activity: 1428
Merit: 358
July 18, 2020, 10:32:33 AM
When I trade, I only believe on myself so I do not let myself to be hyped by some traders out there. I do not also use any kind of trading bots because it is just a waste of money and effort. Ourselves are the only one we should trust when we trade cryptocurrencies, if we can master some technical analysis skills; for sure we can earn even if the trend is bearish. Trading by ourselves is important because as a trader we should be independent. Observe many traders who are dependent to others, they do not have room for improvement anymore.
sr. member
Activity: 882
Merit: 253
July 18, 2020, 09:53:08 AM
Yeah, It is better to have your own knowledge and not depending on someone's signal. Maybe they can profit on some signals but it is different when you do it on your own. Those signals are not consistent they could mess up, they are just traders too not fortune tellers. Being independent is a great thing especially on trading. Beware of fake trading groups for me it is better to avoid it.
Some shareable signals can help you to determine a right signal but you should also analyze it correctly, some signals are wrong and some are right. It’s also up to you if you follow it or not especially in the beginning. Beginners will surely wondering in the start of their career in trading and thru the help of these signals they can clarify their analysis if it’s correct or not. They can also adjust in the certain point if they need changes in setting their entry and exit points. It takes a lot of time especially if you just do it by yourself but I’m sure it will benefit you in the future.
jr. member
Activity: 392
Merit: 2
July 18, 2020, 05:20:21 AM
It is better to be rich in one's knowledge than to be rich in the knowledge of others. Why don't you defend on others but you have to know about it  then not cant man from others but if you don't have any knowledge about trading at all then there is no benefit from knowledge of other. 
full member
Activity: 1093
Merit: 103
July 17, 2020, 11:43:05 AM
I always improve my knowledge by reading certain blogs and also learning from YouTube videos. As a newbie to cryptocurrency trading, I try to master Scalping first. In fact, this is a very simple strategy, buy at a cheaper price and sell at a higher price, but it is simple only in words, but in fact, in order to have good results, you need to know and take into account a lot, including fundamental and technical analysis. But the main thing that I have understood today, I have a fear of being deceived by trading signals and other false information much more than my own mistake. so I try to do all the work myself, including researching the cryptocurrency market.
full member
Activity: 1582
Merit: 101
July 17, 2020, 10:46:42 AM
There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Yea, i learn by trading day by day. I lose many money to learn trading and still sometimes make lose because market is very unpredictable but if i lose money  with others advice that's very panic to me. I saw many signals before trading but maximum signal fail to give accurate result so i did not believe in it now. I made own research before trading and gives me good result.

thanks.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 17, 2020, 08:32:14 AM
I don't believe subscribing for signals is wrong, it doesn't stops you from learning and growing, you learn daily and gather experience from what you see happening in the market. I don't think you can just rush into trading as a newbie without seeking for advice or help from an expert, so as not to lose your capital.
Following signals is not wrong, but over time, it will make you become more dependent and the learning progress my be interrupted. I used to follow several signals before truly find a good source to increase my knowledge about trading. Well, when I first joint a signal, honestly, after a few correct signals, I totally trust this signal and put much more money as well as increase the volume, which causes me to lose a huge amount of amount. Then I realize that learning is the only way to control everything, including myself in trading. Right now, I still spend most of my time to enhance my skills and knowledge. There are still many things required and I will not give up. I love trading so much and this is the way to make me control everything in my life
full member
Activity: 363
Merit: 100
July 17, 2020, 08:06:07 AM
There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me, If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term... Learn trading by yourself

Let me share my experience with you mate about doing day trade where I can able to earn in a month around 500$ to 1000$.
This is true, I'm not being boastful to you just telling the truth. I don't know one day when I do trade in the platform, I finally got to understand
how to read the movement in the graph where I knew when it down or up its price value. It's hard to explain just don't stop learning about it.
sr. member
Activity: 1162
Merit: 450
July 17, 2020, 07:16:32 AM
There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Yep, the best decision to do is make yourself even more familiar to the market of the coins that you are planning to trade. Signals are unnecessary if you know how ti make analysis from different market charts. Plus, signals are expensive, and most of these signals are not accurate. It's just an another risk and more probably, another waste of money. However there are signals that has good service, they are actually worthy because they are much rational than those shit signals. If you found it that's worthy to try.
But still, learn to trade by yourselves.
legendary
Activity: 2982
Merit: 1028
July 16, 2020, 12:17:39 PM
I don't believe subscribing for signals is wrong, it doesn't stops you from learning and growing, you learn daily and gather experience from what you see happening in the market. I don't think you can just rush into trading as a newbie without seeking for advice or help from an expert, so as not to lose your capital.
Getting other sources of information isnt really bad at all but you should know on how to control up yourself to deal up with this information without relying on it fully
which will result into loss and frustration if it didnt hit up your expectation.Ive been doing this when im still a completely newbie into this field where most of the time i do
follow someones calls and when it fails then i do blame off someone with that. No other fulfilling thing when you do trade up according into your own knowledge and
analysis.

The good catch there is you will learned your lesson and if you are really keen to make a progress
to succeed, the time for you to dig deeper.

Learning all the fundamentals and all the skills that will help you to continue getting positive results
Many traders forget about losses when they already have the winning strategy, the one that they
are comfortable in using whatever market that they will enter the exchange,.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 16, 2020, 12:07:07 PM
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
This is critical it seems some people are in a hurry to trade but they forget the main reason why they are trading at all which is to earn money, if you can earn a significant amount of money with just one trade then that is better than earning money with 10 trades and there are several reasons for that, to begin with it is easier to make only one trade, you lose less money on commissions and you have to pay less taxes, and yet instead of choosing this style of trading many prefer to become day traders and make several trades per day despite the huge disadvantages this presents to them.

Quality is always better rather than Quantity of trades that you would make and this is should how people to put up into their  minds on  where they shouldnt rush  up on doing things
and aiming to have lots of trades.

Always aim for profitability in the end of the day it doesnt matter on how you do it on your way yet lots of ways on how to trade up and it isnt really bad to get some
ideas on other traders as well as long it can benefit you out.

Just be sure that you do able to utilize it on your trading career.
I agree but it seems to me many people treat trading as they treat gambling, they enjoy the activity but at the end they do not really care about the results as much as they claim, or even if they do at least their actions clearly show this is not the case, after all how we can explain that people that have not read a single book about trading use thousands of dollars to trade the markets when any person using the most elementary common sense that person is going to fail and yet we see examples like this every day.
hero member
Activity: 2842
Merit: 772
July 14, 2020, 06:06:48 PM
I don't believe subscribing for signals is wrong, it doesn't stops you from learning and growing, you learn daily and gather experience from what you see happening in the market. I don't think you can just rush into trading as a newbie without seeking for advice or help from an expert, so as not to lose your capital.

But the thing with this trading signal group is that they don't offer any analysis, so how can you learn from them? They will just tell you to buy this and that, they might offer you graphs and something, but at the end of the day you still need to research and learn everything by yourself.

Of course, you don't need to rush, but some old school and traditional crypto traders that I know in the last 3-4 years didn't join any trading groups, they learn everything by themselves, by getting their hands dirty in the beginning and learn thru experience. Most of them suffered a loss in the beginning, but they didn't quit and educate themselves and didn't commit the same mistakes.
hero member
Activity: 2730
Merit: 632
July 14, 2020, 05:37:31 PM
I don't believe subscribing for signals is wrong, it doesn't stops you from learning and growing, you learn daily and gather experience from what you see happening in the market. I don't think you can just rush into trading as a newbie without seeking for advice or help from an expert, so as not to lose your capital.
Getting other sources of information isnt really bad at all but you should know on how to control up yourself to deal up with this information without relying on it fully
which will result into loss and frustration if it didnt hit up your expectation.Ive been doing this when im still a completely newbie into this field where most of the time i do
follow someones calls and when it fails then i do blame off someone with that. No other fulfilling thing when you do trade up according into your own knowledge and
analysis.
member
Activity: 854
Merit: 10
July 14, 2020, 05:33:50 PM
I don't believe subscribing for signals is wrong, it doesn't stops you from learning and growing, you learn daily and gather experience from what you see happening in the market. I don't think you can just rush into trading as a newbie without seeking for advice or help from an expert, so as not to lose your capital.
hero member
Activity: 2562
Merit: 586
July 14, 2020, 01:14:27 PM
There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Even subscribing to trading might not be worth it sometimes, because the amount you will have to pay for the subscription, you might not be able to cover up. Unless you’re the type that’s risking huge amount of money, which is also a bad idea in some ways, in a situation where you happen to get wrong signal and lose money. I will support the idea of traders trading by themselves. I have also seen those that likes to make use of bots. I don’t know about these ones, because I have not used bots, so I won’t really comment about that. Though based on things I have seen, some bots are profitable while some are not.

i also looking for it,and somehow, we still possible to under 8k range, based on what analyst say on many many TA .
i just thought it will be happen on june 26 when $930M in Bitcoin Options Expire on deribit futures , but well, i guess bear have no interest anymore with something like that,after BAKKT last year.
Nah I don’t the price will go below the current price ($9000). It would have been more than that if not for the current world situation that made economy to drop and affected so many markets. The price is on the rise and we should look forward to more of the growth and nothing else. The price has been stable around the $9,200 and $9,300 and I know very soon some institutional money might come in that will make the price to start going up. And already I’m seeing some news on that, it’s best to have patience.
hero member
Activity: 2562
Merit: 586
July 13, 2020, 02:10:20 PM
Newbies are most likely to believe on signals from different trading groups it is a big MISTAKE. Most of signals are scams so do not even try to use it and even though there are legit ones, you can never become a good trader by just relying on it.
That is correct because signals are the worst thing newbies can get into and actually the best advice I would give to a new trader is spend some time with copy trading and learn how big traders make their trades and learn from there. Some people still assume just buying and selling themselves by making use of calls from telegram as "trading yourself". Really ridiculous Shocked.

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.
That is partially wrong because even the best traders take signals from reliable sources like their own advisors and yes don't trust those fake signal groups but at the same time having more advice and then taking the decision is better and you are trader anyways if you accept advice from someone and then trade or you just do it independently.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 13, 2020, 12:32:40 PM
It is not possible to succeed in any kind of business without learning and trading without learning, whether it is a cryptocurrency, commodity or forex trading. If one wants to trade in a successful way, then one must take education. No work can be successful without education.

I guess no one will oppose you because this is what here most of people are trying to emphasize. Trading yourself must be a good approach but for that you need to get yourself ready by learning different aspects of trading which includes money management and technical strategy development. Trading by ourselves cannot be possible from the moment we decided to do so, because it requires lots of preparation and practices. Only the people who understand this are able to make profits and all other people who are rushing toward trading themselves are simply biting dust.

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.
But, buying signals when you are not in position to generate your own is a common practice among all market traders and this is the reason, we are having lots of telegram groups and other signal houses everywhere. Or at least there could be different kind of traders and one category of them are depending on others for signals.
full member
Activity: 651
Merit: 103
July 13, 2020, 06:44:28 AM
Newbies are most likely to believe on signals from different trading groups it is a big MISTAKE. Most of signals are scams so do not even try to use it and even though there are legit ones, you can never become a good trader by just relying on it.

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.
newbie
Activity: 15
Merit: 0
July 13, 2020, 05:21:25 AM
It's scared me a little bit to trade by myself. You should progress in you learning to trade at first. It's hard not to be led by others opinions and advice.
sr. member
Activity: 1988
Merit: 322
July 12, 2020, 05:48:29 PM
There is a difference between learning signals and other stuff from others and just taking them and using them. In one of them you learn not the signal itself but how they actually figured that out and gave out the signal, so that you can use the same system in the future and do it yourself, on the other you are just waiting for someone else to make you rich.

Of course the first one is the right method, do please learn from other veterans how to trade, not just follow their coin suggestions, but learn why they suggested it, that way when they are not around you would know what to look at in a coin as well. Of course it is not as easy as it sounds and takes a long time and you should learn from many veterans to cross check what they think and that is another a lot of time, but when you are ready, it will be much better for you.
hero member
Activity: 2954
Merit: 683
July 12, 2020, 03:42:44 PM
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
This is critical it seems some people are in a hurry to trade but they forget the main reason why they are trading at all which is to earn money, if you can earn a significant amount of money with just one trade then that is better than earning money with 10 trades and there are several reasons for that, to begin with it is easier to make only one trade, you lose less money on commissions and you have to pay less taxes, and yet instead of choosing this style of trading many prefer to become day traders and make several trades per day despite the huge disadvantages this presents to them.

Quality is always better rather than Quantity of trades that you would make and this is should how people to put up into their  minds on  where they shouldnt rush  up on doing things
and aiming to have lots of trades.

Always aim for profitability in the end of the day it doesnt matter on how you do it on your way yet lots of ways on how to trade up and it isnt really bad to get some
ideas on other traders as well as long it can benefit you out.

Just be sure that you do able to utilize it on your trading career.
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