As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
I won't because the chances of misleading a new trader in a wrong way is possible when join a group and follow their tips because its known fact that most of the trading groups are nothing but pump and dump groups operated by whales or an individual for manipulating and trying to make money out of it. Whereas to get the knowledge we doesn't necessarily to join in a community we can learn since everything is available on internet. 
Topic: Will you advice a new trader to join a trading community or group? - page 3. (Read 749 times)
March 23, 2023, 03:16:56 PM
March 23, 2023, 02:39:58 PM
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As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people
I 'm Being part of a trading community or group can be beneficial in many ways. Here are some of the advantages:Access to knowledge and expertise: Trading communities allow you to connect with other traders who have different levels of experince and knowledge. This can help you learn new strategies, share ideas, and gain insight into the market.Trading can be a stressful and emotional experience. Being part of a trading community can provide you with a support system to help you stay motivated and focused during tough times.
March 23, 2023, 02:32:20 PM
Yes, I would want to encourage him for that. It will be an edge for him if he will be aware first on the real events happening in real trading scenario so that he will have the ideas on how he will create strategies on how to win his trades. Moreover, if he can develop his own strategies and skills out from the shared experiences from other traders, that will also his edge in the market.
when the group in question is a discussion group to share trading strategies and experiences, it will be good for the development of novice traders. but if the group contains only trading signals, it will be bad. because precisely that makes traders continue to depend on the signals given. even if the signal does not have good accuracy. in the mindset of novice traders is short profits with their limited skills. so they rely on instant signals to try their luck. March 23, 2023, 02:13:17 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Yes, I would want to encourage him for that. It will be an edge for him if he will be aware first on the real events happening in real trading scenario so that he will have the ideas on how he will create strategies on how to win his trades. Moreover, if he can develop his own strategies and skills out from the shared experiences with other traders, that will also his an edge in the market.If it will contribute to his growth as a beginner then yes, I will advise him to join a trading community as long as it's legit and trusted. Experienced traders share their knowledge and experiences through groups which can help newbies to feel motivated to learn and explore more. Along with that, I will also advise him to search for everything about the risks of trading and that there's no such thing as perfect trading for him to have the proper mindset so he won't misinterpret or feel overhyped by the success stories of other traders.
March 23, 2023, 01:52:56 PM
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It's perfectly normal to be honest that you don't know what the terminologies are. It's like in any other field where you don't know what alien language are those people around you talking about. Even if you had read thousands to millions of books, I guarantee you that there would terminologies in trading that you would even forget and cannot even remember what it means, so to answer your question, it would help newbies to narrow down what they have to learn.In my day trading days, there's only like 2-5 terms that I had remembered and it was enough to at least get me familiarized around Binance when I traded, meanwhile there are thousands of terminologies that applies to every single strategy out there.
It's not a disadvantage, but it might be overwhelming and might give you that "Impostor Syndrome" since all those people around you talk or write terms that you are not familiar with.
March 22, 2023, 07:12:03 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own? Can there be any major disadvantage to being a member of such a trading group? What is your advice to people?
There is a challenge in every sector of human life, trading is one of such sectors that requires team contributions, it may not be in form of direct involvement of team members in the trading affairs of others, but team involvement in trading can come in the form of expert advise and vocal engagement by sharing experience and giving guidance where necessary. -And belonging to a trading community can help but doing so under few members can give the most satisfying outcome to a newbie's traders, unlike having a large community full of multiple opinions and choices that will end up confusing.
-so I can belong to a trading community but that is if members are not more than 4/7/members and anything out of this is a no-no for me.
March 22, 2023, 06:59:23 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Yes, I would want to encourage him for that. It will be an edge for him if he will be aware first on the real events happening in real trading scenario so that he will have the ideas on how he will create strategies on how to win his trades. Moreover, if he can develop his own strategies and skills out from the shared experiences from other traders, that will also his edge in the market. 
March 22, 2023, 06:31:25 PM
The problem with the trade community is multiple opinions on the same problem. Someone says - now there will be growth, and cites his arguments, who says - no, now there will be a fall. Of course, one of them ends up being right - but who? As a result, the beginner will falter, make mistakes and lose money. That is why it is better for a beginner to sit down to study strategies, and do it all by himself. This is my opinion.
March 22, 2023, 10:27:32 AM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
A new trader can definitely join the community. But if that community group is managed by a good experienced person then I would say definitely a new trader can learn something good by joining that community. It is only by joining the community that he will learn something wrong, but not necessarily that he will learn something good from the community. Besides, by watching some videos on YouTube, you can get some ideas from there, thus a new trader can become experienced with ideas.
March 22, 2023, 02:11:18 AM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
There's advantages and disadvantage of joining a community of if traders, I believe the disadvantage are more dangerous than the advantages. The advantages has to do with you guys sharing ideals and helping each other out but whenever people are gathered in a community, there's always distraction and other negativity that plays out.
When distraction affect you, I'll be hard to ignore that distraction and in this situation you'll be seeing more of the distraction as you keep hanging out with the same traders. You can also easily encounter jealousy while been in the community which will lead to people trying to sabotage your trade, etc.
March 21, 2023, 09:42:43 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Yes i am a part of Trading Community being part of a trading group has helped me gain insights into different markets and make informed decisions, leading to greater profits. However, conflicting opinions and views on strategies can be a major disadvantage, and it's important to use personal judgment when making decisions.My advice to people is to join a trading group or community, but use their advice with caution. Listen to multiple views and take the time to research and analyze your own strategy before taking any decisions.
March 21, 2023, 07:46:48 PM
always joins them for the experience that you still haven't had, you will know how to figure out which pump are fake, basically you could gain knowledge from there massively, but only if you are willing to learn.
majority are joining groups just to get signal anyway, they just want their financial decision affected by external people cause they don't really care about creating their own analysis so they just wanna join the train.
i'd say it's essential if you still lack knowledge in regard of trading and investing in general. but of course majority of such groups are just full of noise if you don't become selective, most of them are just shouting about which coin they think better than the other else which could be causing you massive loss if you just follow blindly.
majority are joining groups just to get signal anyway, they just want their financial decision affected by external people cause they don't really care about creating their own analysis so they just wanna join the train.
i'd say it's essential if you still lack knowledge in regard of trading and investing in general. but of course majority of such groups are just full of noise if you don't become selective, most of them are just shouting about which coin they think better than the other else which could be causing you massive loss if you just follow blindly.
March 21, 2023, 07:20:31 PM
Beein in such groups has a lot of advantages, but the strategies given are not always reliable, it is a good idea if a trader will de his/her own research well then add it up with the strategies and come up with an amazing trading experience.
Therefore, being a member if such group is not a bad idea but it is not fully reliable as it can also bring you down completely.
That's true, they may have some insightful things to say but it's not always effective for everyone. It's not that bad at all to be in a group but it's better to avoid most groups and just be yourself and start doing your own trades without their help. Some help could be a good starter but you don't have to lean on them for most times because it's not that going to work easy on you. But it's up to the newbie trader if he thinks that it's best for him to have some consultation with these groups. My take on it, resources are all over the internet and you just have to study all of them and try every possible strategy that you see and test which one is effectively working on you. Therefore, being a member if such group is not a bad idea but it is not fully reliable as it can also bring you down completely.
March 21, 2023, 05:59:25 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
That’s a good advantage for me, since new traders would gain more knowledge and improve their crafts when they receive tips and ideas from other long time traders. And it will help them develop transparency and flexibility when it comes to overcoming different problems that most traders face in the market. As long as they develop their own strategies from scratch, I think that will definitely work for them.
March 21, 2023, 05:58:26 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
A new trader can definitely join the community. But if that community group is managed by a good experienced person then I would say definitely a new trader can learn something good by joining that community. It is only by joining the community that he will learn something wrong, but not necessarily that he will learn something good from the community. Besides, by watching some videos on YouTube, you can get some ideas from there, thus a new trader can become experienced with ideas. March 21, 2023, 05:45:06 PM
As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
That’s a good advantage for me, since new traders would gain more knowledge and improve their crafts when they receive tips and ideas from other long time traders. And it will help them develop transparency and flexibility when it comes to overcoming different problems that most traders face in the market. As long as they develop their own strategies from scratch, I think that will definitely work for them. March 21, 2023, 04:28:25 PM
Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Beein in such groups has a lot of advantages, but the strategies given are not always reliable, it is a good idea if a trader will de his/her own research well then add it up with the strategies and come up with an amazing trading experience.Therefore, being a member if such group is not a bad idea but it is not fully reliable as it can also bring you down completely.
March 21, 2023, 02:48:09 PM
I have joined several non-paid trading groups, but in the end I have to say the same thing.
Of course, not everyone in the group is the same, but for the most part it's hard to get them to say something useful especially the strategy. Only paid groups may be good to consider in some case, the rest is considered at your own risk.
It can't be denied, but it's a common thing in various trade groups. I also join several group on telegram and facebook, even though a lot of insignificant things are discussed there, especially outside the context of trading. Strategies that are expected to help are sometimes not good because most of them take advantage of market hype. Well I agree with some of your opinions, but there must be different benefits about trading group.Of course, not everyone in the group is the same, but for the most part it's hard to get them to say something useful especially the strategy. Only paid groups may be good to consider in some case, the rest is considered at your own risk.
Also I remember some paid trading group, usually they share good analysis and predictions about certain assets. The chances of making profit tend to be better when you are in a paid trading group, but there are always risks, of course.
March 21, 2023, 02:29:46 PM
The best thing about joining groups is that you will be able to do any decision related to your success and people are sharing their thoughts about buying and selling and about arising of new project so it's better to get involved in groups rather than doing by your own thoughts. Actually people get scared about groups because they heard that in group people only share wrong information for getting money but not all groups are same. so just involved in a group and focus on their ideas After that it's up to you that whether you like it or not but hearing others ideas and getting involved in group is better way to get experience.
March 21, 2023, 02:15:45 PM
Considering the fact that you are a newbie, it does make sense to be in a group where other traders are do share their day to day trading experiences and market analysis. with this you can get improved over time while in the group, and too the courage to keep learning and to becoming a better trader tomorrow as you will be learning from different ideas, plus seeing others share solution to some challenges that you are facing in the market.
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