Where do you get trading advice and tips from? - page 6.

sheenshane

legendary

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Quote from: Rruchi man on July 17, 2021, 05:06:31 PM

There are a lot of people giving unsolicited advice and tips as regards the subjects.

I experienced this some PMed me on my social media (FaceBook) asking me about trading if I was willing to learn on trading, I asked them "how?" pretending that I don't have knowledge on trading or in crypto how it works, they offered me an investment or they will create a trading account on Binance just for me and I asked how do I trust them, they simply answered "I'm not a scammer, trust me" which is a common line of most scammers.

So, you must learn on your own and don't trust random people on the internet. I learned in trading for almost 2 years of reading and searching everywhere including this forum, watching tutorials and tips on youtube but I didn't get it in a short period of time.

Joining groups like telegram, they aren't bad for other sources of information regarding trading but as long this isn't a pump and dumps group which is sure will not give you benefits. Learn and research your own is a perfect of learning about trading.

dunfida

legendary

Activity: 3122

Merit: 1140

Never ever trust someone calls about market prediction.We can make our own but its not bad to look at on others work.Tips are there and its up to someone on how they would use it.

When i do have some questions then i do usually look for some discussions like on this forum where you can really learn something on it because theres no such thing

about perfect trader who does know everything.Get information and stuff if you are in doubt and seeking for something.

Bitcoin_Arena

copper member

Activity: 2114

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฿itcoin for all, All for ฿itcoin.

It has mostly been experience but yeah at the beginning, I learnt a lot from YouTube, blogs and this forum. I wasn't much interested in "trading gurus" who would shill the shit out of certain coins, tokens or crypto exchanges using their referral links, but I would go with genuine guys who would try to explain the principle behind certain indicators or risk management.

I also liked live traders. Because I would get to see someone trading live and not some guy pretending he's good at trading, yet he ain't.

Oceat

sr. member

Activity: 2506

Merit: 368

Don't seek financial advices to anyone especially online because that doesn't help with your situation. What I did before was reading a lot of stuffs and learning my mistakes or mistakes of the others are quite helpful too if you could just follow. I don't trust anyone who advices trading especially on youtube, those were just a bunch of lies if you see they were successful.

It's just all for the show because if I know they were spending lots of money just to get the trade right just for the views. Behind of those shows are all mistakes and failure. It's better to learn it from yourself than asking what tips because you will never learn anything if you don't experience it.

DoublerHunter

hero member

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Quote from: Rruchi man on July 17, 2021, 05:06:31 PM

~snip~
Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

^ On Youtube, Telegram group, Reading a book, and self learn.
These are the first place where I always visit when I was very active in trading activities, and then I started making my own technical analysis with self-confidence that I can able to learn without other's opinions. There are too many video clips that you will learn on Youtube just search your own and compile them all. But for me before, I start with the basic one, the buy when the price goes down and never sell.

nelson4lov

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Quote from: Rruchi man on July 17, 2021, 05:06:31 PM

~Snipped
Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

The only thing I do that involves using external sources is to read news to get an overview of the markets and what everyone is talking about. But taking people's advice on CT, YouTube or even telegram is out of the question. It's no longer news that this youtubers buys shit tons of the altcoins they shill in a bid to pump their bags so it doesn't sound right to take advice from such individuals. The way I go about my trading, it just involves learning technical analysis from my favorite teachers and applying everything I learn on my own trades - my analysis, my decisions. No advise from external sources otherwise, I won't feel comfortable taking trades.

passwordnow

hero member

Activity: 3066

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Not on YouTube and not on telegram channels. I don't tell anyone that I trade a bit so there's also no real-life person that helps me with my trades.
I'm gathering sources from the forum alone and reading that technical analysis that I've read. And if I think that's considered to be a good one and accurate, it is what I'm trying to follow. But it's not always like that, I got my decision and learned on my own based on my experience if I have to sell or it should be the buying point.

Oilacris

hero member

Activity: 2996

Merit: 609

Self learn!

Did make some questions or checks on some so called gurus or trading experts but those are only just good for reference nothingless.Im not really a fan of following someone
but rather nitpicking various possible helpful analysis which seems bit realistic for me and this is where i do apply them into my on analysis and make out some trades.

I have my friends which are long time traders or been trading for years which i can say theyre really good on technicals but still wont be enough
to convince me that i should follow them.

All of possible learning tools is already available or can be seen online.Its a matter of effort on taking up some search.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

I just get my advice form history... History almost always repeats itself, and it's a better gauge than anything.

You can get advice from as many random sources as you want as long as you can find an example of where it's happened before or if it's about to happen and confirm it on a chart or however else.

Rruchi man

legendary

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These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Topic: Where do you get trading advice and tips from? - page 6. (Read 759 times)