I agree with this. Because in cryptocurrency money is not the only fact you can't depend on just investment. If you want to get some positive returns then you have acquired more knowledge and practice more and more. You have to study about the market condition, the study doesn't mean to take any degree it means that you have to research on that and stay connected with the market.
Studying and trading it's still better then going heads in. With time there will come experience and it's gonna be a success for sure. How much success depends on how good a person can control their emotions. 
Topic: Trade + study = great combination - page 3. (Read 787 times)
I agree with this. Because in cryptocurrency money is not the only fact you can't depend on just investment. If you want to get some positive returns then you have acquired more knowledge and practice more and more. You have to study about the market condition, the study doesn't mean to take any degree it means that you have to research on that and stay connected with the market.
I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/
It's worth reading if you would like to start crypto trading and don’t know from what and where to start.
Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.
I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.
Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.
It's worth reading if you would like to start crypto trading and don’t know from what and where to start.
Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.
I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.
Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.
It's true that trading and studying would work but I'm not familiar with the platforms that you have mentioned. Copy-trading I think is a risky thing to try. If we're really studying hard to know more about trading then we should have enough knowledge on how to make our own strategy and how to handle our funds. Copying wouldn't work well because the market movement isn't uniform. Trading is a long process of learning but we shouldn't always rely on other's techniques and decisions.
I personally believe that trading by copy-trading veterans traders to make money while studying to learn how to analyze the market by oneself is a great combination. I believe that it's a great source of motivation for every new traders when they are making money with trades.
However, you'd be cheating yourself if because of the money you're making, you stop learning how to trade. I realize that is the case of quite a lot of people who started with copy trading. They, because of the money, ignore the hard fact that they have to actually learn how analyze the market and place these trades by themselves
But that is the issue, are those that are using copy trading platforms actually making money? Because I doubt it, traders that are successful will decide to not allow their trades to be copied and if they cannot avoid this then they will just change the platform they are using and trade somewhere else.However, you'd be cheating yourself if because of the money you're making, you stop learning how to trade. I realize that is the case of quite a lot of people who started with copy trading. They, because of the money, ignore the hard fact that they have to actually learn how analyze the market and place these trades by themselves
This means that this is a case of the blind leading the blind and it is impossible to get good results from it, anyone that is interested in trading should just learn on their own, any other option other than that is just a way to deceive yourself.
Don't get the wrong idea from the headline, trading is not for everyone! And to make money with trading, you need to have some money first!
Crypto is a great combination with almost everything! You can always find something interesting in crypto, something that you like, from what you can earn, or where you can make a profit with some starting investment! I often say how crypto is a world for itself, there're so many things and mostly new stuff for all of us! We have to read and learn than try it and practice it... and when you figure out one thing (or you didn't even come to that point of understanding something) here is a new thing that is drawing your attention.
I guess that previous education, current status (student, worker, unemployed), profession, age... can give you certain advantages, but they are not essential! Crypto is open for everyone, so anyone is free to come and learn! And in that process, it's possible to earn and make money!
Crypto is a great combination with almost everything! You can always find something interesting in crypto, something that you like, from what you can earn, or where you can make a profit with some starting investment! I often say how crypto is a world for itself, there're so many things and mostly new stuff for all of us! We have to read and learn than try it and practice it... and when you figure out one thing (or you didn't even come to that point of understanding something) here is a new thing that is drawing your attention.
I guess that previous education, current status (student, worker, unemployed), profession, age... can give you certain advantages, but they are not essential! Crypto is open for everyone, so anyone is free to come and learn! And in that process, it's possible to earn and make money!
I haven't done copying or relying into how someone do their trades for I have first learn from the basics or totally from scratch which means I am the one who have discovered how to analyze and deal with trading. I do not literally wanted to just learn from what others are doing because I will be dependent on that and for me that is not some sort of learning things should be. I study how does trading works and do assess by trying out what I have learned and that is basically how I do trade and study at the same time. I learn from my mistakes and serve that as a lesson on what I basically I am right now. Better do learn from your own but if copying trades from other works on you, then it is fine then.
I was expecting a totally different write up, but to be honest I don't have any interest in copying or trading by other people's strategies, cause if they make a wrong trade decision I will lose my capital alongside, so I have come to conclusion that if I must trade it must be from my own findings and trading strategies only, I don't want to get caught in someone else's web, thanks anyway I'm not interested in copying peoples trade neither am I interested in the exchange you're shilling 
.
. 
I haven't used these types of things yet but I wonder:
imagine that a person enters the world of trade and begins to study technical analysis and does not have good results and then finds these sites and starts to have good results, time goes by and the person gets used to the copy/paste until one day the people on that site disappear and the beginner trade no longer finds the strategy they were used to. how will that person make money from trade without copy/paste?
that's why I think people should learn on their own and create their own strategies, maybe these sites can serve as a consultation
imagine that a person enters the world of trade and begins to study technical analysis and does not have good results and then finds these sites and starts to have good results, time goes by and the person gets used to the copy/paste until one day the people on that site disappear and the beginner trade no longer finds the strategy they were used to. how will that person make money from trade without copy/paste?
that's why I think people should learn on their own and create their own strategies, maybe these sites can serve as a consultation
I don't blame people who trade relying on the help of others, such as following crypto trading signals, using trading bots and using copy trading
that are offered on several platforms. But if trading depends on other people, will not work out well in the long term. I say this because I have
experienced trading relying on other people, finally my capital ran out and my trading skills did not develop. To become successful traders you
have to rely on yourself, because learning to trade will make us have the ability to analyze the market well. That way our abilities will continue
to increase, because we can learn from every mistake we make.
that are offered on several platforms. But if trading depends on other people, will not work out well in the long term. I say this because I have
experienced trading relying on other people, finally my capital ran out and my trading skills did not develop. To become successful traders you
have to rely on yourself, because learning to trade will make us have the ability to analyze the market well. That way our abilities will continue
to increase, because we can learn from every mistake we make.
I had already given up on copy trading from other sources I took the pain to study how to trade to avoid following other traders signal whose veracity isn't verified having had some streak of loses when I copied trade in forex factory as a forex trader, now as a cryptocurrency trader I studied hard to develop my strategy based on candlestick patterns and Price Action this would enable me to take personal decisions when trading.
Much better to entrust things out of your knowledge, learning things even it will take you some time
always good doing by your own decision making.
Following other traders if you also have some basic skills is manageable as long as you do understand
what you are doing, you can quit to cut losses or continue to maximize your earnings.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.
That's a wrong mindset to have, blindly copying some random users that claims to be a professional online and shows you all sorts of proof that can be edited without you having any clue what's going on. Trading isn't that hard to learn the basic and with that knowledge you can start your enjoy in the industry while you let your experience and other additional knowledge you'll acquire as the journey goes on, to help you become a profitable trader.
You stand a chance of losing more if the trade (signals) you copy goes south, the fact is they (signals providers) can't be accurate all the time and in chances when they're wrong you don't have the privilege to learn form the mistakes that resulted in the trade going south. I won't say much since I believe other responders must have done justice to this topic already.
....
You are right, I think of the many traders who act like this are copying trades hoping to make a short profit. That's his choice but I totally disagree with this. According to my trading experience, since 2010 not all copy trades are free, even paid ones ensure that every entry will be profitable. I am more interested in independent analysis through technical and fundamental. This will become a good habit and make it easier for you not to rely on other people to make decisions.I learned one by one which traders made the most profit in the last 1 month and then tried to 'copy' the trades that were made, for a while I was satisfied but it turned out that someone's luck could not be imitated. it is much more comfortable to trade with your own decisions and analysis.
I had already given up on copy trading from other sources I took the pain to study how to trade to avoid following other traders signal whose veracity isn't verified having had some streak of loses when I copied trade in forex factory as a forex trader, now as a cryptocurrency trader I studied hard to develop my strategy based on candlestick patterns and Price Action this would enable me to take personal decisions when trading.
Without studying trading, you will not have a chance to buy low and sell high because you will not know when it comes. Even if you already learn about trading, that will not be enough to get that time. You need to have experience because the more experience you have plus trading skills, that will help you analyze the coin. If you can have that, you will make a profit, and I think you will become a pro trader who can analyze the market in any conditions.
There are tons of free resources on trading that gives insight on an asset, its current market movement, and the general sentiment of traders towards the said asset. You can copy their position while learning a thing or two on their analyses, for free. Tradingview, for one, gives you some traders' insight on the market and sometimes their position, though the site never really asked for premium membership unless you want the added features.
Anyways, copying someone's trades without really knowing their reasoning on those decisions are kinda useless since you won't understand much about how they came up with that trade in the first place. If you're a beginner trader, spending money on learning is acceptable, though if you can get it for free, why not take that route?
Anyways, copying someone's trades without really knowing their reasoning on those decisions are kinda useless since you won't understand much about how they came up with that trade in the first place. If you're a beginner trader, spending money on learning is acceptable, though if you can get it for free, why not take that route?
Information and learning regarding trading can be found freely with the use of internet which is a great help to newbie and even in the regular trader indeed. To be honest learning about trading should be consistent and we shouldn't get tired of it because as long as the technology and the blockchain of cryptocurrency kept on updating then alsp we should equip ourselves with abundant knowledge and yep it is a great combination to become a good trader.
It is a newbie platform, nobody gives the try to copy/paste their strategy coz we know what it possible ends.
And in the first place, there is no reason why we have to follow these people for the fact that they never give any proof that their strategy really working. Following them, do the copy/paste isn't learning of becoming good in trading but this gives us a reason why we fail.
Besides, we can learn trading without these people, we can make our own strategy from the ideas we get watching online trading and from our friends.
Binance has something like that.. sort of? There is a place where it allows people to share their profile, I do not remember where it was but I remember seeing a guy who turned 70k into 1 million dollars in the past 1 year using leverages or something, he bought futures a lot and at the right times when bitcoin was moving up (which it did mostly this year) and he made that kind of profit, and I have seen his profile and how he made that money, which is why I know that binance has it, just couldn't find it for anyone else (or even find that person again), hence maybe I am wrong.And in the first place, there is no reason why we have to follow these people for the fact that they never give any proof that their strategy really working. Following them, do the copy/paste isn't learning of becoming good in trading but this gives us a reason why we fail.
Besides, we can learn trading without these people, we can make our own strategy from the ideas we get watching online trading and from our friends.
It is really not a smart move to follow someone because even if they made money once, doesn't mean that they will keep making money, that is the biggest challenge, making money is possible but keep doing that for a very long period of time may not be something successful, hence that is why I stay away from that.
I thought you will give an idea or something knowledgeable advice on how to trade just because the title says, "Trade + study = great combination", do you think this is relevant to your post?
I never tried copy trading but I have heard, using this feature sometimes mislead newbies to losing their funds, so I suggest having a full study first and don't rely on copy-paste trading because the movement of the market will not repeat itself for the copy-paste trading. Trading isn't an easy task of gaining money and there's nothing to hurry if you didn't have yet knowledge and skills on it.
The title did mislead me too, I thought there was something worth reading but then it was just some user shilling something. I don't know how to answer because what exactly is being studied, there is an array of fields that can be studied by anyone so we will leave it at that. Copy trading will work if you checked the portfolio of the person that you are copying and you have the money to sponge the possibility of losses that you are going to get when you copy trade. I never tried copy trading but I have heard, using this feature sometimes mislead newbies to losing their funds, so I suggest having a full study first and don't rely on copy-paste trading because the movement of the market will not repeat itself for the copy-paste trading. Trading isn't an easy task of gaining money and there's nothing to hurry if you didn't have yet knowledge and skills on it.
I think that I never know about this copy trading method and some exchanges or platforms also provide this. However, will it really work well o others?
Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
Perhaps, copy/paste trading is only a stepping stone for a beginner to learn as soon they will make their own journey when they are ready enough to face the risk. The wrong thing is that if we keep relying on this always and this gives us no way to improve our knowledge and skills. Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
Well, a lazy person will take this forever and there is no way also that he can reach his goal. And we want a change, it is a need for us to have our own strategy coming from our past experience.
I think that I never know about this copy trading method and some exchanges or platforms also provide this. However, will it really work well o others?
Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
Well, I agree with you on this point. I have heard many stories in copy trading and one of the most well-known trading site is Etoro. Many newcomers in trading wanted to learn in copy trading because it is a quick and easy way to learn in trading while practicing and having some experience already in trading, the best move here is you will combine the research and copy trading and don't depend only on the copy trading alone. However, there are too many negative possibilities that you perhaps to consider in copy trading because you perhaps copied a nonprofitable one. Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
I think that I never know about this copy trading method and some exchanges or platforms also provide this. However, will it really work well o others?
Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
Probably initially, this can be used for the newcomers and also someone who wants to learn about trading. however, if we have been learning from our experiences and also doing some research, it is better to combine or even conform to the new strategy of us to do trading.
Jump to: