Bitcoin Forum

Hello, community!

I've been involved in crypto since the beginning, but in recent years, I decided to dive into trading. After spending six months studying all available materials on the subject, I realized that many of the traditional methods are either outdated or irrelevant to today’s markets. So, I embarked on my own research journey.

As an economist with experience in big data analytics, I started working with historical data, focusing on price action. After a year of research, I’ve gained a deeper understanding of market processes but also recognized the limits of my own skills.

I’m now looking for a talented Data Scientist or Data Analyst to join me on a voluntary basis. If you excel in data export, analysis, and visualization, and are ready to invest some time in this research, please send me a message.

Discussions are also welcome!  ;)

Can you cite an example of those traditional that is barely useful now for trading? Cause I only knew of basic trading concept and method but still employing up to now and it seems working fine for me.

So in your research what can you say about historical data does it help determine the potential future price for the market? As it seems many are reliable on this info as basis too.

These things still work because people don't change human instincts, greed and fear as well as consequent reactions in the market. Psychology cycle in the market is the same, from many different markets because people response in a same way with fear and greed, from stocks, real estates, gold to Bitcoin market.

Intelligent investors can apply nearly same principles like Warren Buffets uses in many decades. In different markets, you need to add some unique things in that market but generally there are many common things that related to human instinct.

You need the chart mostly for your investment and trading life.

Psychology of a market cycle (https://financialhorse.com/psychology-of-a-market-cycle-where-are-we-in-the-cycle/)
https://financialhorse.com/wp-content/uploads/2020/01/Cover.jpg

There is no free lunch. You can find available open source trading resources, scripts and use it if you want but if you proactively request it, it's not good. You need to pay other people to do works for you.

You didn't give any example of any traditional trading method that has gone obsolete. Maybe mentioning them with a brief explanation would have helped explain your findings. I don't think all of these old methods are now out of date, maybe they have been advanced. Most of these traditional methods have been integrated with current technology making them easier and faster to apply.     

You wouldn't get the best analyst if the job is without financial benefits. There are some platforms where you can connect with people with the skills you seek. Members on those platforms might be open to free discussions or partnerships. You could also check the Service Board (https://bitcointalk.org/index.php?board=52.0).     

I believe many trading concepts are based on abstract assumptions and share a common origin, with some being outright misconceptions. Take Fibonacci levels, for example—waiting for a 50% retracement is essentially the same as waiting for a moving average crossover. When it comes to supply and demand, it’s complete nonsense in the context of BTC. While these concepts might apply to markets like grains or coffee, where seasonal supply and strategic demand are factors, BTC operates differently. Here, market makers provide liquidity 24/7, and market efficiency is their goal.

Risk management is another area that’s often misunderstood. The idea of risking 1% of your bankroll isn't efficient while 99% of it is not working. And strategies like risk-reward ratios of 1:3 can fail over time. Even in a vacuum, there are numerous combinations of losses that could eventually break you; it's only a matter of time.

The ICT approach is a compilation of these misconceptions, combining many flawed ideas into one.

As for historical data, numbers reflect specific states of affairs—quantitative aspects of reality as opposed to abstract ones. When combined with a deep understanding of market processes, this data can indeed help make more accurate predictions. You’ll see that the market is far from random. Statistics show that 95% of retail traders lose money. If you think that’s what randomness looks like, you’re mistaken—this is the result of misconceptions spreading and someone's well-executed market strategies.

 This is good example of abstract misconception spreading ;D
 

I see thanks for the thought and good response appreciate your insight. Being an expert on data analysis. Hence the bitcoin for example, would you think that there is better chance for it to grow more at current price or at least make a new price discovery considering the historical movement it did for the past year?

 Ive already given small explanation about misconceptions, my findings are about open ranges, i was researching open range distributions, and dependencies between close and open ranges distributions.
 I was expected to meet some enthusiast here like me, i knew it wouldn't be easy, but who knows. Anyway thanks.

Hello!

That's really great that you are one of the OG's. When I was reading the first line I was really curious what would be your findings but sadly there's nothing about the results in this post, i would love to hear even some of the words according to your research.

I know there are many talented people around in this community, but as you know time is money, and no one likes to waste it, I don't doubt your pure intentions, but if you could post some of the results people are gonna get it more serious and it might boost the chances for you to get help from some. You are an economist that cool so what's the current conditions of global inflation?

I am also expecting more from OP that he will share some of his research findings not to question him, but to add more details if he also lack something that other traders would also benefit. And the fact that he said traditional methods could be outdated, at least he should present new methods that will definitely attract better profits when one risk itself into trading.

Thanks for all your replies, everyone. I appreciate the input and agree with the sentiments—"time is money," "there's no such thing as a free lunch," and so on. However, I'm not looking for an employee; I'm seeking a partner, a team.

I understand that we all have bills to pay, and that data science is a well-compensated field. But it seems like some of you may have overlooked the work I've already invested. I'm not asking for compensation for that, but I do expect that we share the results of our research equally.

At the same time, some of you seem to want me to share my findings for free ;D. I will share them, but not for free  ::)—I'm suggesting a profit split instead. How does that sound 8)?

Your question is more on a strategic level, where precise predictions aren't really possible. My research focuses on methods to ensure the implementation of a strategy—essentially, the manipulations involved. However, in my opinion, there is already a reversal formation from the all-time high (ATH). After reaching the 64k mark, I would expect a deep fall, although I wouldn't rule out the possibility of a drop from the current levels.

Will there be a closed group? Well, of course it will be paid. After all, everything is secret! Only today and only now, the great master of dark and light magic will show you how your portfolio is melting before your eyes! And for just a couple of hundred dollars, he will open your eyes to what is happening!

think you forgot to take your medicine today ;D

This is not true. The trading methods that we had for the last few decades are still relevent today. People who trade crypto, stocks, forex, they all still use moving averages, fibonacci, RSI, MACD, etc. These methods have been around for a while and they are still in use.

Whether they help you make money is another story. You cant just blindly enter when an indicator tells you too, you need to have more confirmations. What you want to do requires lots of data, such as tick data and you can try using AI to analyze the data.

However in the end, I dont think you will get much of an end because trading in general is very difficult to do automatically with a bot.

Are you open for a group where you will provide signals or something like that will share in your group? nothing is free but first time how people believe to you like if they have to pay first to get your signals it's a big question, because a lot of such groups in telegram and other platform, many of them scam.

There's no doubt they're trading this stuff, and the statistics don't lie—that's why they're losing. They'll keep trading like this for decades, feeding those who are using machine learning, AI, high-frequency trading, and other innovative technologies and strategies. While we have quantum computers, some people are still using calculators, and that's just the reality.

Sorry, but I'm here for a different purpose. Please try to stay on topic.

Been in Crypto trading for the fifth year now and i came to similar conclusions to your's during my journey.
Traditional regulated market and the bitcoin market are different animals. one can be a Bear/Bull market while the BTC market is a Kangaroo market, my POV. For traders who come from the traditional market is hard to accept a Kangaroo.  
As a software eng, and tech lead i build and analyse data for living. My background is not economics a so a fresh approach might be interesting.
but as i see it
Trading is all about risk management of losses and not about how many profitable trades one has.      

    I completely agree with you. The crypto market has essentially become a testing ground for various trading strategies and, unfortunately, a breeding ground for scams. There's no real market when the entire supply is controlled by a single entity, when price fluctuations are manipulated to attract newcomers, and when machines are used to trade against individual investors. They spread misconceptions about the "market," but what they're really doing is playing a different game entirely.

    Having been involved in the oil market and experienced trading floors firsthand, I understand what real traders do. They are essentially sales managers, either selling from global markets or directly from suppliers to local markets. However, what so-called "traders" in the crypto space are doing is simply betting on price differences—this is nothing like real trading.

    In the crypto market, the primary product is price fluctuation, and the participants are focused on monetizing it. Therefore, the logical focus should be on understanding how price changes occur, not on fundamentals, supply and demand, order blocks, imbalances, Bollinger Bands, or other abstract concepts, nor on speeches or tweets from figures like Powell or others. The key is to study how price changes.

The strategy that works on crypto is all about catching the inefficient liquidity.

The oldest is GRID, DCA bots. In another way, you could learn how to trade in the pump zone, arbitrage, non-risk trading near the spread.


Every trade has its own peculiarities, there is no single model and it has to be switched depending on the phase of the market.

Thank you for reply, but if you read the topic, I'm working on my own research, related with something you can measure, real data, instead of "catching" abstract things.

Effective and productive trading has got a whole lot to do with data gathering, sometimes the amount of data you have got can be of great help to aiding your profitability in trading, been a data scientist will really help a long way to get the trader effectively executing trades knowing the impact of the data on the chart and the directional movement of the market which will later resolve to price action that most persons do make reference. as a data analysis you get a certain exposure that helps you build sophistication on trading such that you are able to keep your data and know accurately if you are making progress or not or you are making losses and you handle it almost immediately as they come. the sophistication that comes with been an analyst and a trader is very much preferable to getting the right approach to your strategy and and your trading psychology.

looking at the fact that you get to understand that some of the regular and formal teaching styles and patterns may not really be working on every persona as some may even have gone obsolete because they aren't following the recent trends we  see with the economic cycles which greatly affects the market patterns and directions of the market as well as the psychology behind some of theses factors.

Hmm, Haha TBH according to his rank seems like he made this post by just reading the subject and it happens many times with subjects we make a pre-processed view to write in the reply for that topic. He did the same he replied according to the subject which he thought was about gathering tips and views of different users anyway I've revisited this thread after a while let me scan it again and check have you posted any data I've asked for in my last post.


Haha, that sounds something productive, even according to your words your finding is great, and it's obvious if you've found something great after investing your time you can charge anyone to share that but still I'm not getting what kind of find is yours, let me check all the posts of your maybe I can get some idea then we can discuss further. As I've not checked all of your posts except OP.

Research and analysis look fancy, but deep down we all know that experience only helps to turn those reds into greens while trading. So no matter how big you do your research or how deep you do the analysis, the trading reality will only be seen when you jump to the market. It’s better to read historical books on trading and markets rather than wasting time on new algorithms. This is just my point of view. But I feel that you become better with experience only.

I would say everything is irrelevant cause the uncertainty of the market so you can't be sure no matter how accurate your analysis is because there also other possible outcomes for the exact scenario if you set the different parameters like changing the candle stick time is good enough to give you different results than previous so I won't invest too much on analysis the data but for the basic understanding looking at the all time price chart of Bitcoin is more than enough to know it will grow in long run.

Interesting.
How about you give us some sample or educate us with big data analytics and what are your analyses in the market? I think it's a good start and you'd attract more attention from the ones that has the same interest as you. If you can give us a glimpse of the research that you've made in line of your expertise and the market, that will be really appreciated. I think this is the first time that I have read someone that does this and I have never thought of it before that there could be something like this. Although I've heard of big data and analytics before as two complete subject matters.

You may have embarked on your own research about the market but that doesn’t mean that the method of trading in the past is different from what we’re experiencing now. They are all the same and you could find any few change in them which may be as a result of how people perceive them and want a simpler method to it, just like you went on your own research. Trading is a path, and when you master that path, you’ll become successful with it. My path that I understood or I discovered on my own might be different from yours but that doesn’t invalidate the core aim of us both making profits in the end.


If you’re looking for someone to join you and share ideas together or even to support your idea, chances are that you’ll not get anyone to join you soon. You need to pay to get someone so dedicated to delivering such taksks together with you.

You can become better with research too and not only experienced but experience is very important because nothing teaches you better than having an experience. From your research you can be learning from the experience of other traders because most writers are speaking from their experience and the experience of others that they have come across. To become good at trading, I don't think we have to depend on just one way of learning because it mightn't be what we need as we learn things differently based on our understanding.

Don't say trading with research aren't important because we need to do research always to stay in line with the market. Without research, you can't know that when the market is falling, that you don't have to panic but change your plans to hodling or buying more coins.

There are many ways for people to arrive at their goals, although talking about data analysis is quite complicated and a lot of speculations are made from the many tools available today, I myself also only use a few for close trading if I want to, in the end just guessing the price with a technical analysis approach.

But the big things like market sentiment, macroeconomics, political turmoil and others are usually the big agenda that can affect the crypto market and I think it is much more useful than doing this complicated approach because it usually fails when it comes to forming a pattern on the price chart.

But some like to read research data for study, that's not bad either, the better your research method the more useful it will be for other things too.

Experience will still be the best teacher, regardless if you prefer the traditional method or the newly updated versions of it. Everything still boils down how you put all your learnings and apply them when you are trading. As long as you're aware of the basics and the do's and dont's in trading, then most likely your trading attempt will be consistently in profits, or if not lessen your chances of losing.

It's just that no matter how good you are in doing research with trading, that will never be good enough to make you win on your trades. Consistency on gaining market experience is the key to make your trades successful and profitable, and not just thorough research and studying. Although learning can be a good foundation, but having good personal experience will always be your biggest advantage towards trading in a very uncertain market.

What kind of experience or consistency are you talking about? When you’re consistently losing, that’s not "experience"—it's just failure. If you're limited in both money and time, you’ll go broke faster, and whatever "experience" you had will end there. Do you really think banks and other financial institutions became profitable just through consistency and experience in trading? No, they did their research, created models, and only then they did start trading. I'll tell you something else—very few of them actually trade by taking on directional risk. Most focus on portfolio management and avoid risk as much as possible.

I'm wondering what are the materials you've been used because you feel that you are already outdated. There's a lot of materials right there in the internet and you can seek a strategy that is applicable with your trading habit this serve as your primary tool to become an efficient trader through out your journey you can learn a lot of things including the mistakes with your trade that might less or tons of pennies to your pocket.

If you do find yourself to be already outdated then you could really be just that simply making up some research about the new tools or indicators on which you could make use or any other correlated things or in speaking about technical indicators on which we know that i dont see that there would really be some active changes considering their function is really just that the same. 

We do know that when it comes to guarantees then there's no way that it will really be giving out that kind of probabilities or chances in speaking about profitability. It is really just that there are people
who are really just that too lazy when doing things even if its already that basic or something that wont really be costing them an arm and leg.  People would really be just that attentive on the time or moment
that they've been experiencing some issues or problems but really not doing it earlier or from the start.

We do know that changes is really that inevitable or something that cant be avoided and its just sensible that you do really be that making up some research on what are the things that you must do.
Better be attentive because  you are really the ones who will benefit out in the long run because you are the ones who would really be making out adjustments on the time that you have
learn something new or have been able to test it out.

Trading includes so many things, research for learning, research for fundamentals of that project, research for what's going on with the market and the project, then knowledge of trading, next experience in trading, and eventually it comes to how you are discipline with your decision making and actions. If you skip or fail in one of these steps, you will be more likely failed in trading.

In an uncertain market, when market itself is not sure it will go next, traders in this market will be more uncertain and if a trader is very certain in that situation, he will have big risk of losing money. If not lose money in that situation, but he continues to take action in a same way, in future soon he will lose money by his certain decision.

Before start trading, you need to learn to know what and how to trade with right. You do the right thing to learn about trading because the lesson will change following with what happen to the market. Maybe the basic lesson will be the same but we can not use the basic to trade because we need to know how to analyze more to find the time to trade.

By learning more deeper about trading, you will find out that everything change in this a few years. So that make us need to learn about analysis, determine the coin or just use Bitcoin for trade, or other things. But we must have patience because learning trading will takes time before we really understand with the lesson.

No need to be afraid if you lose in trading because that is part of your lesson. If you still learn and find out the mistake, you will see what is wrong and you can fix that.

In a risky world like trading, research and long-term preparation is crucial before you dive risking your funds trading in the market. But do trading research and efficient market data analysis guarantee the success of every trade? Of course, it won’t. Everything boils down to our own experience in trading. The longer you’ve been exposed in the market, either trading or purely investing, the bigger the chances of success. And the higher your risk tolerance, the more you become motivated to trade more even if it means losing at some point.

I summarize research and analysis and call it knowledge. In trading, knowledge is very important and that is what will give us a chance compared to without knowledge. Experience also cannot be separated from trading, when we have knowledge and do not have experience, it will be an obstacle because we may be confused when facing certain situations. With experience, our knowledge will also definitely increase and that is why experience is one of the important things for us. Professional traders are born because of their knowledge and experience, so these two things cannot be separated from each other. This must be a very important part of trading.

Buddy, research doesn't guarantee anything, I do agree with that as the market moves along with the developments and ongoing circumstances at that time, but research and analysis are like a safety cover for traders as a para-shot for skydivers, Hmm, Experience does help you to stay motivated but if you are well prepared as a buddy said before dive the preparations are important, similar to that you can manage the risk in a better way.

Many things impact your trading journey, even your experiences vary on how prepared you are, and if you are informed and well prepared your decisions are gonna be more efficient and impactful which will lead to your journey to the next level. TBH learning and research is the study of other's experiences and even if you haven't tried out practically you'll get to know about many things.

Agreed, from constant researching as a trader you get to know many things about the market that'll help you the next time you want to trade. Research gives you wisdom about the market and experience also gives you wisdom hence they're both very important for a trader to have. There isn't going to be a good trader that doesn't do his research regularly. You have to be doing more research than you're trading because for a majority of your trades to be accurate at all times, it has to show that you have knowledge of what you're doing. Research is what makes a trader great and it isn't about just doing random research but knowing how to do your research correctly and interpret the market in the right way. Professional traders are good at researching and they too have the experience that they learnt and ready to make use when they're researching for future trades.

Yeah, the learning process of trading takes so much time and effort to be good at it. I agree that it is not a good and easy thing to be a good trader, you have to spend insane amount of time to be a good trader. One good thing about it is that you don't have to do it all at once, you can learn how to be a good trader with time, so that means we can see someone be a good trader in a month if they spend 8 hours a day, every day, or you could do it in a year too, that is why it is such an easy concept because you can spend time whenever you have time and eventually be a good one.

You can take five years if you want, but most people can't wait that long and that's why they want to be good very quickly. You cannot finish this quickly, to be a good trader you have to spend a lot of time on it. I personally believe the best thing to do is just give your free time to it, that way you will have easier time focusing on it. When you can focus better, you will learn better and be a better trader.

You tell us that you have experience as an economist but are you self-study economist or do you have an advanced degree from a good university? Because depending on your answer your advice might not be considered as anything serious...

I earned my master's degree in 2003, so you can calculate how much experience I have.

Some people don't understand that losses are inevitable in trading. No matter how much time you spend in this industry, how experienced and knowledgeable you become, and how good you become with trading practices and techniques, you should still not expect to have a 100% success rate because that isn't possible. There will be times when you will face losses, and that is fine, there is nothing wrong with facing losses as a trader in an unpredictable market such as this.

Losses in trading are a normal thing. If you are getting profit for most of your trades but lose some money in between the trades, it's all good unless you take that to heart and start getting demotivated by that. A good trader would positively use such things and learn from their mistakes.

If you lose in a trade, you should try to find out what you did wrong that caused it, and when you find it, work on it so that you don't repeat it.

I do not know what you intend to achieve with this your research but what I am certain about is that losses in trading can only be minimized and not eradicated completely from trading. I am not in anyway trying to undermine the importance of research to a trader, but then what ever strategy one will build from the researches he has done so far, it will only help him reduce his level of risk (I.e if it was a good strategy), it doesn't change the fact that trading is still very risky.

I wish you luck on your research journey. While working on a whole new method of trading, the traditional method you feel is outdated and irrelevant might still be very useful. Infact, they are the foundation in which you'll build your own method.

Actually you are very junior in this forum so maybe your assessment is not that, you but should present yourself with knowledge based review. You are very educated but you have not qualified in this forum it is actually due to lack of experience. Everyone should be respectful to each other.

Checking the charts and indicators is the only thing that you can do for research purposes, I understand that not a lot of people see it that way but that is how you should be approaching this situation.

If you can check all the indicators that you know of and if you could read the charts and see where it is leading and combine those two together, you are going to see a good pattern and could make a good trade. It is not that common to see all of them indicating the same thing but it does happen and that's what we should be approaching it with.

I understand it is not that easy but that's just how it is and we can definitely consider this as something that will benefit a lot. We are going to see this changing a lot more and we could make some good income from it as well. We are not going to deal with this as a good thing, it is going to take a while but we can definitely make a profit if we just check all these charts and indicators and find something proper.

Even if you are a long-timer in this market or so-called expert, you can't guarantee that you will always have a profit on this market. As you can't have the full control of market movement, you are just left to speculate and act on it.
Also, as you will go thru your trading journey, you will pick-up some tricks that you can apply the next time you execute a trade.
Been trading for years with different coins and what I learned throughout the years -
- at least check the background of the coin > devs are mostly after for the quick gains
- does the platform have actual usage to the community?
- why is the liquidity so high (pump ongoing!) or so low ('bout to die)? in what exchanges it is listed?
- does the website ever mention about some developmental work?
- how about the community of the coin? if no one is talking about it, better discard it as soon as you can.

Maybe we don't need to direct all energy in one area only in generating a strategy to help keep the candles green. A combination of both school of thought could get the trader more greener candles than one area of focus could. We gather experience out of the application of research and analysis. And any trader who combines both is likely to make much better trades. Relying on experience only without doing research to stay updated with new trends and strategies can be self harming that's what I think rather.

Perfect point, the mistake some traders do make at some point is trying to believe too much in their skills that they think nothing can stand in their way, some may at some point even think they have gotten pass the stage where they will still have to battle with losses probably because they believe they are already too sophisticated to deal with that but in reality they just have to deal with it.

My mentor will always tell me losses is part of the game, it's at some point a sign u are making progress but make sure you are taking from the market more than you are giving to the market, that's how to still stay profitable and not just thinking you are literally going to win always because you have all the experience and have probably hd too many winning trades before then.

I think you should focus on SMC trading concept than you can understand the actual trading strategy.

actually, both are related. if you are inexperienced, you may only do a little research that might not produce very good results. but if you are experienced, the desire to develop trading skills can automatically arise by itself. That is what causes the desire to research something to grow. whether it has actually been discovered by others or not, when it is not yet in our knowledge, there will be satisfaction when we can master something new.
OP is looking for people who actually also like research in developing trading methods. this can be done by people with trading experience, not just someone who understands trading.

Trading is an art of making money smartly learning SMC concept is helpfull

I don't see you sharing what methods and strategies and this does not show anything as a digestible reference.
Everyone can make a analysis about their trading abilities, both regarding data analysis and other skill limits.
In the case of trading we cannot see consistent profits and that becomes a difficulty. If you do have good skills in trading then there is no need to involve other people because you can do it yourself.

What benefits will be obtained when people join you and this must be relevant because currently nothing is free.
Even to access the forum we need internet data, especially if it is related to trading or the knowledge that people have.

I don't believe OP, claiming to be an economist is quite a heavy thing to be responsible for and what's even stranger is if OP has indeed learned a lot about the market with the analysis data he is proud of above, there should be many possibilities that are easy to take and how to determine decisions. The quality of an economist will speak through valid and accountable data, so can OP provide coherent analysis results as one proof that he has done in-depth research.

The results of the market research process will always change along with natural market movements. Now here is the problem that the research method that OP takes can be relevant to him but will not be 100% relevant to others.

64k reached, now we can go down i beleive ;D

hope it will be fast, without pain ::)

Good point. It depends on a person's mind and nature. Some people are natural learners, you know? They don't need a lot of time to grasp ideas and understand what they are learning because they are smart and their brains are built in a way that they memorize and understand things very quickly. On the other hand, some people might need more time to learn even the easiest concepts and ideas because their brains might not grasp things very easily.

Whether it's trading or anything in general, when someone starts learning, whether it is going to take months or years for them to become perfect it is subjective because it depends on how good or bad they are in learning and grasping new things.

I have seen people learning things only in one attempt, you would be shocked how they would do something right after they learn it from somewhere without practicing it much, and some people wouldn't be able to do that even after so many attempts and tries.

I don't consider that on my side because like you said, the outcome will still depend on our experience. If we are less experienced, we might slack in our research but there are still some who will do their best in order to gain more knowledge. Meanwhile, there are also those who have enough experience but will only do a short research because they are confident about their ability.

Experience is not like a magic that can turn a red into a green or green into red. We need more than it. At the same time, only after significant experiences, you will be able to make use of your research and analysis effectively in your trading. So, the role of experience cannot be ignored in crypto trading always.

I think smart money concept  { SMC } strategy for best option for trader and it helps trader to understand the market

It is very good that you have researched trading. But I think it is most important to jump into the market after doing this trading research along with you. Because it turns out that no matter how much research you do about trading, if you don't enter the market, you'll never know how it's going to work. The point can be compared to learning that when a person learns something until he actually experiences it, it is not really learned properly. So I think you should jump into the market only after researching the trading and by understanding its movements you will gradually get used to it and eventually become a better trader.

It is better to always do it yourself when trading because you can not trust the judgement of others and you do not know where they are getting their trading analysis from. Some people are not good at analysing the the market but they claim they are expert. Our analysis should be done by us only, being in a group analyzing the market is okay but always carryout a separate analysis of the market by yourself because that will help you to understand the market better and you can make decisions in the future based on the experiences that you will be getting from the current analysis that you will be doing. Your analysis should always involve past market and to see how the market moved during this period because the market always repeats itself. There is nothing different about the market that is why market analysis are good.

Continuing to do research when you want to enter the market to make trades is very important for anyone who wants to trade and it will certainly help them to be able to make the right decisions on the trades they are making and without first doing research when you want to make a trade, it is very difficult to decide on something right and will also be profitable.

You are right, when someone has learned something, they must be able to try what they have learned, but they must try it with a little capital first while trying to understand it so that when they fail they can still correct their mistakes and try again and also we must be able to be patient from every learning process that we have to go through.

Most important point if you are doing search and having some good updates about your trading journey then you need to jump into this because usually peoples done enough search but never enter into market which is never been ideal thing you need to keep yourself active in trading because this will give you good experience and also increase your knowledge and other information about this trading.

During learning to have all points about trading and their analysis is helpful but if you are not going to use your all search which you have done in trading is surely going to have negative impact on your work because it's always important just done search and have all related information and things then do some work which will surely increase your skills and also helpful into your journey in trading.

You won't get it for a long time, but understanding the flow of the Smart money is an essential tool in trader's kit.
A lot of expertise and time is needed overall to understand it and the market itself.
If a person is determined enough, she will dig deeper to find more about SMC.