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Author Topic: Do You Compare Your Trading ideas with others ?  (Read 3407 times)
Crypto_Emirates (OP)
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September 21, 2019, 04:49:44 PM
 #1

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?

If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6N

Good Luck in trades!
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September 21, 2019, 07:52:07 PM
 #2

to be honest, I have never compared the ideas or trading formulas that I have been able to with others,
I'm afraid to be hesitant in making decisions because I've seen and tried other people's ideas,
I have read many books related to trading, and I think they have their own characteristics,
do your own research, then develop your own characteristics is the best way.



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September 21, 2019, 08:03:55 PM
 #3

It's a healthy thing to do - comparing one's trading idea with others, especially if one isn't making much profit or profits at all. It goes to buttress the fact that a tree doesn't make a forest. It should even transcend comparing to copying trade ideas and formulas too.

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September 21, 2019, 09:41:44 PM
 #4


Let me know, if You are also comparing trade ideas with others and where?

If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6N

Good Luck in trades!
Its unavoidable for you not to compare your own trades or analysis with others.It isn't really that bad to have that kind of behavior because its just normal
for us to get curious specially if we do see some top traders who are profiting.We compare our analysis to ours and see what happen- Some might consider on
following their strats instead rather than on sticking to their own plan and some would simply get some ideas and do imply or apply to their own.
Its just depend with the trader on how he utilizes up various informations and ideas on the surroundings.It doesn't matter on how its being obtain as long
it do benefits you then it doesn't matter.

R


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September 21, 2019, 10:28:54 PM
 #5

Copy trader? Personally, I haven't used this kind of strategy. I just try to learn from successful trader and see what's their strategy and apply it to myself in most cases. I think that's the correct term, compare and get the ideas of other traders and see what you might needed to go on the next level of success. But to completely and blindly copy others? Nah, not good in the long run because your putting your money on others and I don't think that it will also help you as individuals. I mean how can you grow in this field if you just rely on someone's trading signal? Better to learn their methods and apply what suits your trading plan and strategy and grow by yourself.

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September 21, 2019, 11:08:47 PM
 #6

I am only ask people's trading strategy because i not really good  in analysis yet. But i think it is something that will very good, for us or for others. Becasue we can discuss and pick best way or best strategies in trading and take profit together.

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September 22, 2019, 03:58:05 AM
 #7

In this forum you can find lot of people sharing their strategies and analysis more often but we don't have to copy their strategies in our trades since there is no assurance that it will work for ourselves.When someone sharing the strategies it also could leads to market manipulation so you don;t have to trust them at all,only simple rule of trading is do your own research.









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September 22, 2019, 06:01:22 AM
 #8

Im not comparing my trading Ideas to the others but you know what I do is I look for something unique to their startegy or tips and I apply to me and added to my list. But it's up to you if you want to compare the Ideas of the others but make sure no one can harm and better to be analyze each Ideas and do some search if that really effective and you can use it to make a good profit.

 
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September 22, 2019, 06:20:01 AM
 #9

No, I'm not comparing. When I trade, I just do it my own way and learn ("Experiential learning"). Tbh, I started trading with just "buy low-sell high" mindset, no TA nor signals, and I survived, learned my own techniques. Doesn't mean I didn't lose (I also have losses), it's part of trading, but I'm satisfied with the results of my trades so far.

Sometimes, comparing makes you doubt your own (thoughts, ideas, techniques, whatsoever). Just my opinion

By checking your profile, it seems that you are not just asking, your're most likely here to promote.  Roll Eyes
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September 22, 2019, 06:25:51 AM
 #10

Usually, I compare some of them.

Though not really compare, I pick up some ideas of theirs.

It is a good thing to do since you are not really alone trading and you can also look at their strategy that might even point out your mistakes that you are doing. You can fix them making or giving you profits in time.
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September 22, 2019, 06:29:50 AM
 #11

There's really no point for me to compare my TA to another person's TA since we both use different time frames and aproach in doing analysis. Also, technical analysis is just a guide; what matters more is the execution in which is should be on time. Lastly, the person's best TA won't be shared to anyone; otherwise it could be ruined by others specially if the market is too volatile.
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September 22, 2019, 06:39:34 AM
 #12


I read some of them, I take those as a guide, I take those as a reference but not the usual comparing it to my own ideas since it might result in confusions on my part.

Maybe it depends. Sometimes I see wonderful trading ideas while sometimes just a pure non-sense.

Maybe they are successful with those ideas but following them easily might give us different results. I'd rather trust my own.
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September 22, 2019, 06:50:50 AM
 #13

There's nothing wrong if you compared to others work, at least you know if there's wrong you can correct those stuff. I know we had different frame in using technical analysis but we are the same using graph and references. Much better if there are a groups that discussed regarding TA on the market so that you will know furthermore. Group study is better than solo study, sharing ideas to each everyone but of course, just always do research and don't rely with anyone else.

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September 22, 2019, 08:20:41 AM
 #14

I do.
If not then it will be difficult to have a basis.
I think comparing it with others is one of the good thing as being an optimistic trader.
Your own analysis may be wrong for some time or a lot of times.
Therefore, you could somehow compare it with others if you are still on the right path.
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September 22, 2019, 09:48:03 AM
 #15

Sometimes yes because in my opinion i want the best results from my trading activities so sometimes i compare my method to other traders and if someone else's method is better than mine then i will following them and i personally consider comparing the method how to get profit to other traders isn't always be bad because i will get new knowledge from it

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September 22, 2019, 12:45:25 PM
 #16

Sometimes yes because in my opinion i want the best results from my trading activities so sometimes i compare my method to other traders and if someone else's method is better than mine then i will following them and i personally consider comparing the method how to get profit to other traders isn't always be bad because i will get new knowledge from it
Of course, it is not and there is no wrong with that. Knowing the other's strategies is not about copying their strat but it is for us to develop and create our own strategy. We can't easily learn in trading on our own, it is in great if we have something to mentor us in the early stage of our trading carrier and guide us for better trading experience.
However, it is also our call to follow or decline what they teach us if we think that it is not right or of having difficulties.

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September 22, 2019, 01:47:10 PM
 #17

 If you trading strategy works so well why then do you need sell it to people in low-budget way? You're are even considering going on vacation,lol.
OP specifically created this account to promote what is likely thesame trading signals. If the Signal works as he said he would have retire from advertising it on a newbie account for free
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September 22, 2019, 05:36:23 PM
 #18

FYI this is a not-so-subtle advertisement for a paid signal group.

The OP actually brings up a good point though: it's extremely useful to consider the analysis of other traders. Not so you can copy their trading plan (that usually doesn't work very well) but so you can challenge your own biases. If you do TA in your own bubble, it's easy to get married to your own ideas and start fitting the chart to your expectations. That's the road to failure.

I recommend staying away from these paid groups. Instead, I would lurk in the cryptocurrency chat on Tradingview. Like any trading/investment forum, take everything said with a grain of salt. But I learned a lot about trading and gauging market sentiment over the years in that chat. Lots of good traders and good ideas come through there. And it's all free.

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September 22, 2019, 06:10:53 PM
 #19

I guess OP is trying to get some interested to join his paid signal but for me I wouldn't even if my trade is bad. There are some paid group that give signal and they are also very good. On overall, trying to work the strategy out by yourself, is better than always waiting for signal to be sent.
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September 22, 2019, 06:16:59 PM
 #20

[snip]
I recommend staying away from these paid groups. Instead, I would lurk in the cryptocurrency chat on Tradingview.
Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.









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September 22, 2019, 07:25:00 PM
 #21

[snip]
I recommend staying away from these paid groups. Instead, I would lurk in the cryptocurrency chat on Tradingview.
Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.
Verifying their analysis will always be a good habit and not totally following them without follow up search.Yeah I agree on what being said above that its much better to
hang out with Tradingview crypto chat than into any other telegram or discord groups.

They are giving out something good or just simply having those shady motives specially to newbies.You can spot it out if you are experienced enough.
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September 22, 2019, 08:30:42 PM
 #22

I do compare it. I like to see if maybe there's something that I missed or maybe there's a good idea that I should follow. I never do what others are telling me to do without rethinking it and comparing it with a number of other charts. I don't day trade so I have a lot of time to rethink my moves. Don't get too excited in trading or you will fail.
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September 22, 2019, 11:03:44 PM
 #23

[-snip-]

No i don't compare my trade idea with others. because i'm not comfort with that. It's fell like, teachers check on your exam paper in exam hall when you try to solve a math.. Grin Grin Anyway i strongly prefer not to join any kinda signal group. You can't learn from there anything, they'll just use you because of their own profit, nothing else.

Following other TA is not a good thing also i guess. If you are want to be a good trader i prefer that learn yourself. Do mistake but don't be a hopeless. You only learn when you do mistakes or take a wrong decision. People don't tech you everything, if you really be a professional trader then take time, learn, do mistake, learn from your mistake, be patient, don't be a greedy, be honest with your work and at the end satisfy with your daily profit/losses.
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September 23, 2019, 05:09:05 AM
 #24

You know, we have a chat in telegram and we are trying to share our trading ideas, so yeah, it is important for me to listen other people, their thoughts on future movement of each asset and in these discussions I catch sensitive info and fresh trading ideas
May be you share the ideas in telegram. But I always listen whalepool group in telegram, Because more than 17k traders are available in this group so we can predict and choose easily. Everyone have little different prediction so we can find the best attachment is our own risk. I hope everyone think some techniques in trading platform.
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September 23, 2019, 05:17:40 AM
 #25

I never compare my trading ideas with others, but I use their ideas to find what might work for me. I know that if we are only using their ideas without making my own analysis, it will difficult for me to make a profit because I don't have any info about how they analyze the chart. But if I can use their analysis, then I think I can find more interesting info about what is happening in the market, and I am sure that will only work for me. I already join in some telegram channels, which is given the free signal to their member, and I see that some signs were from the paid service. Although I get more information from them, I still analyze to find more for me.
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September 23, 2019, 05:39:48 AM
 #26

Actually yes at the beginning when i was new to trade but after that I just make a trade by my strategy with my experience. I just thought that being a trader is not about we must have a board startegy I mean we shouldn't learn what other people did when they are trading but we must have one or two strategy that can be relied by us. Because to start new strategy and we applied it with real trading (which mean we spend our money) it can be risk and most of the cases we just make a loss and I don't need that. So, I just pick the strategy that I mastered it to do in my whole trade and it is work for me thus far.
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September 23, 2019, 06:53:35 AM
 #27

Actually yes at the beginning when i was new to trade but after that I just make a trade by my strategy with my experience. I just thought that being a trader is not about we must have a board startegy I mean we shouldn't learn what other people did when they are trading but we must have one or two strategy that can be relied by us. Because to start new strategy and we applied it with real trading (which mean we spend our money) it can be risk and most of the cases we just make a loss and I don't need that. So, I just pick the strategy that I mastered it to do in my whole trade and it is work for me thus far.

   We must pay attention what other people do and their predictions about the future price movements. There are more experienced people and their voice should be heard. But we can`t
make decision based just on that, we need to know how to do our own research and make our own decisions.
   But who master some strategy and who makes money should stick with it and not changing it as long as it`s working. With that I agree, why to change something that works good for you
and that makes profit for you.



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September 23, 2019, 08:22:21 AM
 #28

I usually do this since many groups shares their ideas about a specific coin and they share some movements of a specific coin but of course I don't follow them since I'm making my own trading research. If you keep on comparing your work with the others you might be confuse on what to follow, so my advice is to focus on what you have and focus on your skills, if you are not confident about your ideas then don't trade.
If you don't have confidence it will be hard for you to succeed from this industry, trading is tough and comparing your ideas to others will bring confusions sometimes it can help you to build much better strategies but most of the time it won't and will only cause you trouble deciding what directions to take. You need to be more specific and stay focus with what you already have, you can share it but keep the way as it is.

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September 23, 2019, 12:13:19 PM
 #29

It is really amazing how others get succeed in trading but I don't and I'm still losing. It brings into our mind to ask how they did it and we can make a mirror with them. It is likely to know their strategy and so we can compare and find out what is wrong with mine. This is also a way to improve and develop our knowledge base of what others do and for the chase of their success.



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September 23, 2019, 03:59:14 PM
 #30

For trading, i do solo. Because some of my friends is bounty hunters. For trading, usually they only sell their tokens in market and not do regular trading. About analysis, usually i only pick rate that i think good to buy or maybe above wall. Sometime my order executed, and sell below wall. Not always success, usually lose but i am still learning to do technical analysis or maybe how to read chart.

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September 23, 2019, 10:11:17 PM
 #31

I usually do this since many groups shares their ideas about a specific coin and they share some movements of a specific coin but of course I don't follow them since I'm making my own trading research. If you keep on comparing your work with the others you might be confuse on what to follow, so my advice is to focus on what you have and focus on your skills, if you are not confident about your ideas then don't trade.
If you don't have confidence it will be hard for you to succeed from this industry, trading is tough and comparing your ideas to others will bring confusions sometimes it can help you to build much better strategies but most of the time it won't and will only cause you trouble deciding what directions to take. You need to be more specific and stay focus with what you already have, you can share it but keep the way as it is.
You are right were if you do tend to follow up lots of trading styles you would really got confused rather than on focusing on your own way.
Its not bad to get some ideas but dont go too much of it because it will just disrupt your focus.It might not be an easy thing but it will be worthy
if you do able discover your own trading style and i agree on what said above that this will lead to lots of trials and errors but those things
are stepping stones to learning.
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September 23, 2019, 11:41:07 PM
 #32

What for? I don't see any good reason why and I don't see any benefit in doing that. Maybe I can learn from the trades of others but comparing it side by side from my trades and others, it will just make me think that I've done something wrong and might try something stupid to recover my loses. I would rather take down my mistakes and learn from it so it will not happen it or at least to avoid it.
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September 24, 2019, 12:07:41 AM
 #33

I occasionally do. I've learned a ton about trading and certain things that you might not find in trading guides and perhaps even books from looking at other peoples' charts, and looking at other peoples' ideas is also a good way to evaluate your own biases and see if you're leaning too far towards one side or another. Almost everybody trading has a bias towards either side for many reasons (I'm naturally bullish), but if you're only playing one side of the coin, you're missing out on a lot and you could be losing money as well. The best traders don't stay permanently bullish or bearish.
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September 24, 2019, 03:26:56 AM
 #34

There's nothing wrong if we compare our own TA with other's TA. I do that sometimes, it is basically healthy when I just wanna confirm the right entry time certainly as a Margin trader. But remember that trust only your own Technical analysis, most of the times the simplier indicator works for me than comparing their indicators with so many lines.

We have different styles and ideas in trading. If that style works for him/her doesn't mean it will also work for you.
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September 24, 2019, 06:27:54 AM
 #35

I don`t do that, cause I don`t care what other people are doing. I learned a long time ago that it`s the best for me to relay on myself, when I make some profit it`s on me, when I lose it`s on me to, I`m to blame for everything I do, not others.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.

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September 24, 2019, 09:36:32 AM
 #36

Well yes I do compare my trading ideas to others especially the TA came from pro traders because I think it can help me to improve my strategy and do better.

After gathering infos then I will come with my own strategy. For me its fine to compare as long as you will gain something from it positively.

Thats how I learn in trading.


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September 24, 2019, 11:35:37 AM
 #37

You can compare your trading ideas with others so you can get new ideas to trade because sometimes when we are lack of information, we need other people to help us to find the ideas. Perhaps, what you did in the telegram signal channels is good, so you can get so many information about each coin which will be useful for you to trade. But make sure that you can get valid information so it will help you to analyze the coin and you can find the right price to buy and sell.
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September 24, 2019, 01:00:17 PM
 #38

No, I don't think this is a good way. because the transaction only has buyers and sellers, if everyone is the same, then the market will not be.
You should be yourself, learn from your mistakes and invent your trading method. In so doing, you are getting better day by day and your trading strategy will grow if you keep practicing.

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September 24, 2019, 01:46:54 PM
 #39

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.
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September 24, 2019, 02:53:23 PM
 #40

I don`t do that, cause I don`t care what other people are doing. I learned a long time ago that it`s the best for me to relay on myself, when I make some profit it`s on me, when I lose it`s on me to, I`m to blame for everything I do, not others.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
- Well, I know that trading is a job that requires our own capabilities rather than looking at what others are doing but the knowledge in trading is too much, we cannot understand it all, so get rid of your ego and look at reality, compare ideas and look at what others have created to be more mature, don't think that we look at other people's ideas, the decision is to follow the path of others. It is a mistake, an investor needs to see the path of others, recognize their limitations and build a more perfect path, overwhelming others.


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September 25, 2019, 07:45:11 AM
 #41

It is really amazing how others get succeed in trading but I don't and I'm still losing. It brings into our mind to ask how they did it and we can make a mirror with them. It is likely to know their strategy and so we can compare and find out what is wrong with mine. This is also a way to improve and develop our knowledge base of what others do and for the chase of their success.
Most people that I see that are not really making it in trading is because they feel they can do it by themselves and they have not associated themselves with anything, so what they do is to actually is to learn how to trade by themselves, and they develop strategy by themselves, and never get experience from other people.

If we really want to be strong in trading, we have to learn to associate with other top trader and also be able to learn one or two things from them because without that, our strategy may not be competitive enough and we may think that we have the best strategy just because we have not seen other people’s own, if you learn not to rely on your strategy alone, and we compare with others, we will be able to develop more, so just try to get some mentors and work directly with them , then I can assure you that you will get it right.

i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes
I guess you are missing out the benefit of being a community. I mean when you are comparing you may get chances to identify where you need to improve yourself. I strongly believe comparing (in any means) must be one of the easiest way to identify our lagging skills.

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September 25, 2019, 09:26:22 AM
 #42

Sometimes I do check other established traders' ideas about the market, but if I would setup a trading idea I'd never interfere their view on the market with mine. I just like to see how they think and maybe pick up some new concepts.
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September 25, 2019, 10:22:22 AM
 #43

I don't  mind comparing in my own little way, but getting a glimpse or new ideas on how others
are doing fuels my drive to do better. It's inspiring certainly at some point, thinking positive
while evaluating the different strategies at play.
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September 26, 2019, 02:34:46 PM
Last edit: September 26, 2019, 03:16:50 PM by Freddy11
 #44

Yes, I for sure do because I don’t think there is anything to lose at all. We can always not follow it but we should be ready to at least discuss or listen to others. If we do that we not only can get into better shape to perform but also we would be a lot more comfortable as well with our decisions. I generally prefer using top Crypto Facebook Groups, as this is how I am able to keep myself updated with all the happening easily.
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September 26, 2019, 04:06:54 PM
 #45

Sometimes I do check other established traders' ideas about the market, but if I would setup a trading idea I'd never interfere their view on the market with mine. I just like to see how they think and maybe pick up some new concepts.
Nitpicking of ideas is always been my habit.I don't tend to use up entirely on their own idea yet I do have my own idea to use but you can get some part of it and yes its not bad to pick up some new concepts because the longer you trade the more experience and knowledge you do get.

If you do try to copy others idea it would just push you or stress you out.
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September 26, 2019, 05:57:35 PM
 #46

It is important to compare trades as a trader as this helps you acquire the right tools to become a more confident and successful investor. This way, you are able to choose the trading platform that best suits your investment needs. These needs differ for every investor. You are also able to pick your desired trading strategy and style.
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September 26, 2019, 06:22:46 PM
 #47

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?

If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6N

Good Luck in trades!
Whenever I learned about a particular system that people have developed I try my best to test it and see if it works, then I compare the results I get with their system and the results I get with my own system, if I see that the performance of their system is better than my own performance then I try to look very closely at that system and see if there is something that I can integrate on my system from it, that is the only way of not only having a winning system but having the best possible one that you can develop.
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September 26, 2019, 08:35:47 PM
 #48

I know that many traders use special trading chats created for this purpose, in which they share their observations and market research.
This very well helps less experienced traders get feedback from more experienced ones.
I think you yourself understand how much this can increase the level of understanding and analysis of the market.
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September 26, 2019, 08:48:56 PM
 #49

I know that many traders use special trading chats created for this purpose, in which they share their observations and market research.
This very well helps less experienced traders get feedback from more experienced ones.
I think you yourself understand how much this can increase the level of understanding and analysis of the market.
Comparing ideas and make a good use out of it will be able to make a good impression to stand with assessment to take. It's your own understanding that matters but if others opinions can increase your skills selecting the right position to take, it can help you to improve your decision making from time to time. Analyze every single information that you may gather from experienced individuals or groups, it will be a good help in the long run.
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September 26, 2019, 09:48:52 PM
 #50

Sometimes I do check other established traders' ideas about the market, but if I would setup a trading idea I'd never interfere their view on the market with mine. I just like to see how they think and maybe pick up some new concepts.
Nitpicking of ideas is always been my habit.I don't tend to use up entirely on their own idea yet I do have my own idea to use but you can get some part of it and yes its not bad to pick up some new concepts because the longer you trade the more experience and knowledge you do get.

If you do try to copy others idea it would just push you or stress you out.
Copying others idea completely might be perfect or most of the time it wont because there are factors which would differ on each personality
specially on decision making that's why it wont really be that similar from time to time.Combining all of your ideas that had gathered for a long time
being will be just like a puzzle that you do assemble it piece by piece and create your own way of trading.

I know that many traders use special trading chats created for this purpose, in which they share their observations and market research.
This very well helps less experienced traders get feedback from more experienced ones.
I think you yourself understand how much this can increase the level of understanding and analysis of the market.
We are seeing lots of chartings and analysis been shared of which is really good for you to make it as a preference when you are just starting
to learn up this market.Knowing the basics is the most crucial part because if you don't even know on how to read up a simple chart would
really be hard for you to proceed on.Just always have the time to read and find the terms when you encounter these simple charts where once you do able
to see it you will able to read and understand specially its indicators given.

R


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September 26, 2019, 10:12:00 PM
 #51

When you compare trading strategy with others is like planning to fail because you will be packing too many and at the end of the day Yours that might be the correct one might end-up getting twisted and you will confuse yourself so a word of the wise always think for yourself and nobody else

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September 26, 2019, 10:42:24 PM
 #52

I regularly read articles sharing knowledge about trading and always compare them with my trading techniques. I realise that my trading technique has many shortcomings, especially choosing Altcoin to be a portfolio is the hardest step. Through the sharing of trading techniques, I can see and fix my shortcomings.

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September 27, 2019, 02:15:44 PM
 #53

Nope.

Trading is like riding a bike or driving a car, so every time when you drive your bike or car on same road you will get different experience and results.

Everyone has a different mind with experience, intelligence, and knowledge so while trading many factors have to consider to predict the market movement.

I always prefer, own analysis for trading within the crypto market. I already tried many ideas some are good and some are very bad but after all money is nothing in front of knowledge.
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September 27, 2019, 03:32:44 PM
 #54

There is nothing to compare with others way of trading, because myself used to follow the simple trading rules. As I'm not into day trading or regular trading practice my capital into trading is small. Used to buy at some price and then open sell trade order at a higher price than buying price. It takes few days to get the trade executed and at times I don't get profit, but as it is not my primary source I'm not much into it.

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September 27, 2019, 04:23:35 PM
 #55

The main mistake that some users often make is to think that some strategy of successful trader will be good for them too.
It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.

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September 27, 2019, 04:52:58 PM
 #56

Its better to learn how to make a technical analysis and know what kind of trader who you are, personally I dont compare my trade to other and I'm staying away from any kind of free signal that you will see in the market specially in telegram apps.

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September 27, 2019, 05:02:04 PM
 #57

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.

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September 27, 2019, 05:30:52 PM
 #58

For me, yes, I compared my trading ideas to others because, at that point, I can get some new ideas about it. I am learning some new techniques that guide me and improving my trading skills. Yes, we can say that we have different skills, techniques, strategies, analyzed and leverages but you might see some ppl that similar to that thing that we do, and knowing their mistakes and learn from that so we can avoid some losses. Smiley
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September 27, 2019, 10:53:01 PM
 #59

I think there are lots of trading methods available and you should be able to apply some of these methods to be able to get a lot of profit, traders must be smart to read the existing chart conditions and after that you can apply several methods that you think are suitable, after that you can get information a good position to buy and sell coins.

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September 27, 2019, 11:02:03 PM
 #60

to be honest, I have never compared the ideas or trading formulas that I have been able to with others,
I'm afraid to be hesitant in making decisions because I've seen and tried other people's ideas,
I have read many books related to trading, and I think they have their own characteristics,
do your own research, then develop your own characteristics is the best way.



Yes exactly mate, I agree with you difficult to compare the trading strategy into others for for every traders have an own style and self instinct for every analysis they made in their trading job.
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September 28, 2019, 12:19:05 AM
 #61

I do compare my trading ideas with other traders that I know because that is how we can share our thoughts and knowledge to each other and that is how we do in order to grow into a better version of ourselves. I do compare it to see the other perspective of the other traders and it also help me to identify some mistakes that I have done since I am still a newbie in trading.
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September 28, 2019, 12:50:58 AM
 #62

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Right if we will share our knowledge so we will gain more knowledge it will increase our abilities and skills. Sharing your trading ideas with other means you are trying to know what other people are doing. It gives more ideas and we learn better ways of trading. In trading I think no knowledge is enough you will always have to keep learning.

True. I do compare my analysis with others and study the possibilities. The more resources you have, the more inputs you consider the better.In trading, there are many tools to used and its better to consider others ideas and analysis for making better decisions.

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September 28, 2019, 01:48:06 AM
 #63

There are times that I really do compare my trading ideas to others because these way I can gather some techniques to correct my mistakes. At some point, I admit I still have a lack of techniques and analysis to do in trading. These way I can be a better trader and learn some knowledge from an expert trader.
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September 28, 2019, 06:25:38 AM
 #64

If he is really a professional trader, then exchanging ideas with him would be win win for you if you are not that professional yet in Trading. Exchanging ideas doesn't mean you are a failure, it means that you are willing to learn more because your knowledge have still a big space for more useful information that you could use in Trading or in your life, though finding a professional trader that would share ideas with you that have accurate result is a rare case scenario.

Most of the professional traders are low key and doesn't give a damn whether you suck at trading or not, they are just minding their own business as always.
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September 28, 2019, 06:55:05 AM
 #65

No, I never did that. I had studied many trading strategies of many people but at the end of the day, I suddenly realized my mind was empty. I don't see any value in reading so many strategies, it's messing up.
Since then, I have only learned about their way of thinking about the market, then I will plan my trading. That is how I can maintain discipline in trading.

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September 28, 2019, 07:35:45 AM
 #66

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Right if we will share our knowledge so we will gain more knowledge it will increase our abilities and skills. Sharing your trading ideas with other means you are trying to know what other people are doing. It gives more ideas and we learn better ways of trading. In trading I think no knowledge is enough you will always have to keep learning.

True. I do compare my analysis with others and study the possibilities. The more resources you have, the more inputs you consider the better.In trading, there are many tools to used and its better to consider others ideas and analysis for making better decisions.

Yes, sharing our ideas with others is always good because we can overcome the mistakes done by us. Trading has different techniques, each person will follow different analysis about it in order to book profits. In many cases, we might do a mistake and it is impossible to make profits every time.
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September 28, 2019, 08:03:39 AM
 #67

No, I never did that. I had studied many trading strategies of many people but at the end of the day, I suddenly realized my mind was empty. I don't see any value in reading so many strategies, it's messing up.
Since then, I have only learned about their way of thinking about the market, then I will plan my trading. That is how I can maintain discipline in trading.

It still better to learn by ourselves but we need to learn on other people strategy so we can improve our skills. Maybe it's difficult, but if you have more time to learn, I am sure that soon you will get the point. Sharing the ideas with others will be useful to find how to solve the problem that sometimes we face so we can find a way out of the problem. But still, the decision that we will make will be base on our analysis and not depend on other people so we can try to be responsible with our money.

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September 29, 2019, 11:49:55 AM
 #68

Ideas of others is very helpful fof me and I have my own Ideas but without their Ideas I dis not create mine. There a good outcome if you using the trading Ideas of others but make sure it is really effective. Of course they have newbies knowledge is still not good so It's good for them to use it and  once a trader have enough knowledge they can create their own Ideas that is works for them. Comparing is not bad because you will get information from that can use it in trading to earn money and to become successful.
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September 29, 2019, 03:02:01 PM
 #69

It's a healthy thing to do - comparing one's trading idea with others, especially if one isn't making much profit or profits at all. It goes to buttress the fact that a tree doesn't make a forest. It should even transcend comparing to copying trade ideas and formulas too.

We look in a mirror even with one purpose - to compare us with others. Certainly, I also do it regularly, and it is normal. However, comparing my methods of trading with the stuff what is done by other guys does not mean that I should follow their ideas. The comparison is given to find out what are the pros and cons of all approaches to create the better, new one trading strategy.

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September 29, 2019, 06:39:15 PM
 #70

It's a healthy thing to do - comparing one's trading idea with others, especially if one isn't making much profit or profits at all. It goes to buttress the fact that a tree doesn't make a forest. It should even transcend comparing to copying trade ideas and formulas too.

We look in a mirror even with one purpose - to compare us with others. Certainly, I also do it regularly, and it is normal. However, comparing my methods of trading with the stuff what is done by other guys does not mean that I should follow their ideas. The comparison is given to find out what are the pros and cons of all approaches to create the better, new one trading strategy.
It is not good to follow other people it is much better to learn from everyone but it is also good to do what you think it is good, every trader cannot think the same they will have their own thinking an down point of view so it is goods to share but always do what you think is good, comparison should be for more learning not to get distract.
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October 04, 2019, 09:54:27 PM
 #71

The main mistake that some users often make is to think that some strategy of successful trader will be good for them too.
It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
Many people do not really take into account their personality when they are devising their own strategy and I find that to be a horrible mistake, you could create a strategy that could make you a millionaire in just a few years but if for some reason you do not feel comfortable following that strategy then when the time comes to apply it you're not going to do it even if you know that it is the right thing to do, so before committing to a strategy ask yourself if you can really follow that strategy and make money with it.
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October 05, 2019, 01:59:51 PM
 #72

There are times that I really do compare my trading ideas to others because these way I can gather some techniques to correct my mistakes. At some point

Same here mate, I consider sharing ideas with others to improve my skills in Trading, it helps me to improve my logic and how I will make a solution for a definite situation. It is more easier if you guys team up and solve a problem as one, you could rely on each other because you have all skills and talent.


I admit I still have a lack of techniques and analysis to do in trading. These way I can be a better trader and learn some knowledge from an expert trader.

This is what we should all do! Denying our weaknesses and pretending we are strong or professional doesn't change anything, we are just putting ourselves in a shameful way. We are not going to grow this way, it is not going to hurt your ego if you are going to ask some help sometimes, it doesn't have any fee also, so we have to encourage ourselves to accept other ideas to be able to learn more and be a real professional in Trading.
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October 05, 2019, 02:32:28 PM
 #73

I do compare my trading ideas with others for me to check whether i'm doing it correctly and all by comparing your ideas to others will help you learn essential things that you can use to make your ideas or strategies better. For me comparing your ideas does not really imply that you are weak or something but it is a way for a trader to weigh which strategy is better and also know whether you have to correct something from your ideas.
Trading is a bit complicated most especially if you are new and I think checking on other people's idea is a best thing to do to learn and become successful in trading.
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October 05, 2019, 02:58:51 PM
 #74

Yes, I compare my trading ideas and strategy with others, because that's helpful for me to improve my trading experience. Trading is a very risky field, and we have to keep learning and reading about the other experiences especially from the successful traders in order to minimize the risks of losing.
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October 05, 2019, 03:23:09 PM
 #75

The main mistake that some users often make is to think that some strategy of successful trader will be good for them too.
It's good to share experiences but what works for one doesn't necessary be the best for other because everyone has its own possibilities, limits and goals. So sometimes you could be mislead by some trading example that doesn't necessary work for you.
Many people do not really take into account their personality when they are devising their own strategy and I find that to be a horrible mistake, you could create a strategy that could make you a millionaire in just a few years but if for some reason you do not feel comfortable following that strategy then when the time comes to apply it you're not going to do it even if you know that it is the right thing to do, so before committing to a strategy ask yourself if you can really follow that strategy and make money with it.
not all strategy can be profitable to others , you can try other people strategy but if you  see that you failed following it and see that you are not able to earn with that strategy. then you should move to other things  that you are more comfartable to use.
There are too many trading ideas just choose what you think is good and can help you.
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October 05, 2019, 03:32:18 PM
 #76

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Right if we will share our knowledge so we will gain more knowledge it will increase our abilities and skills. Sharing your trading ideas with other means you are trying to know what other people are doing. It gives more ideas and we learn better ways of trading. In trading I think no knowledge is enough you will always have to keep learning.
Indeed. I think you have all heard the quote "No man is an Island" and that is the best scenario I can think of. Knowledge discovers by ours is not enough, we should get knowledge from others because there are things that we still we don't know and so we also share our knowledge since this would be a great help from them too. Sharing our ideas is one of the most important things you can also trade in this industry.

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October 05, 2019, 04:15:26 PM
 #77

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?

If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6N

Good Luck in trades!
Absolutely, and I think people should do it as well, comparing your trading style to other's style could help you adjust and make a new and better trading strategy. Comparing it could help you see what could be the downside of your trading strategy and know why the latter is moving differently. You can also take some tips and learnings from others and apply or add it to your strategy so that yours will be effective more than before. But upon doing so, it still important that you analyze other strategies cause those might not be applicable for you and ineffective and lead you to have losses. Study the market, study the movement of the market and analyze whether to apply or not trading strategies that you're comparing, will it be good or bad for your trading.
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October 06, 2019, 12:01:45 PM
 #78

Hello,
~snip~

~snip~
Comparing it could help you see what could be the downside of your trading strategy and know why the latter is moving differently. You can also take some tips and learnings from others and apply or add it to your strategy so that yours will be effective more than before.
This is what most traders do, comparing others is one of the best strategies. Then, Yes I do. I am comparing my ideas with other traders so that I can be able to earn more knowledge and technique on how to be a good trader and not just to be a good trader but to be able to share my ideas to others as well because I do believe that sharing ideas will be a good help to all of us to achieve success in trading.

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October 06, 2019, 12:36:02 PM
 #79

I compare my trading ideas with others sometimes if the idea looks interesting for me, and proved to work by the traders. Trading is a risky way, and knowledge is very essential to avoid the big lose and make the maximum potential profit. Even if you are very experienced in this field, you still need to learn more.
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October 06, 2019, 01:17:05 PM
 #80

I usually compare my ideas and strategies to others'. It is important to not stick to an idea and defend it for death. So, different perspectives and minds are crucial for tradings. Everyday new implementations are adding up to the environment. So, it is good to compare and learn from others

When you're comparing on lots of ideas which has typical points, I guess you'd formulate a strong foundation on your trading. Some situations might not be so good once you're not able to control yourself, specially in times of doubt. But if you're equipped with experiences together with strong dedication, that's for sure successful trading will be yours.

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October 06, 2019, 06:04:23 PM
 #81


Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?


I think it's natural to be able to compare your own trades with others, especially if that person is a top trader who can always make a profit. but even so, the strategy that must be used is to do your own analysis and be able to consider other people's ideas because the decision we will make to trade can only be done with self-confidence

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October 06, 2019, 06:35:55 PM
 #82

Yes, I am trying to compare my own ideas with other people, but final decision whether to buy or sell any asset I take according to my strategy. So I bear in mind some advices, but I believe each trader should keep his own strategy

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October 07, 2019, 06:32:52 PM
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No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Right if we will share our knowledge so we will gain more knowledge it will increase our abilities and skills. Sharing your trading ideas with other means you are trying to know what other people are doing. It gives more ideas and we learn better ways of trading. In trading I think no knowledge is enough you will always have to keep learning.
Indeed. I think you have all heard the quote "No man is an Island" and that is the best scenario I can think of. Knowledge discovers by ours is not enough, we should get knowledge from others because there are things that we still we don't know and so we also share our knowledge since this would be a great help from them too. Sharing our ideas is one of the most important things you can also trade in this industry.
I hold the same opinion in this regard. Two brains are better than one. Moreover, an experience person will always stay ahead of a noob even if the newcomer holds more theoretical knowledge. It is best for us to learn from others’ experience. Especially when someone is dealing in the digital market and in it too bitcoin is his asset, he can progress quickly and safely by taking benefit advantage the experts and old traders.
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October 07, 2019, 06:47:27 PM
 #84

Yes I do and I think everyone does this. Not only it increases your faith on your own idea it gives you a double check assurance as to the fact that you are thinking in the right direction and you can give that trade a go. Moreover, what it also does is help you check the weaknesses of your ideas what you might be missing in your analysis. Analysis is just brain storming may be something which you are not thinking of has already been thought by some other person. Secondly I agree signals are nothing but shit until you are in some palm beach signals group. Most of the signal groups do nothing but copy their ideas from a bigger expensive group and until this idea reaches you the coin has already been pumped too much. But getting ideas of TA from other persons is always the best thing to do.
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October 07, 2019, 07:13:12 PM
 #85

No, i am not..i dont want to compairing my self to others just to make any competitions about of trading. And this is not a good way being a trader, coz when you have it you must learn by your own self and learn everything about of your mistakes, and to plan of your techniques and strategies on how to earn.

I think it is good that we compare our ideas with other not for the sake of competition but for the sake of getting more knowledge and improving ourselves. When you see the trading idea of other people, you will learn more and maybe apply that in your idea too.
Right if we will share our knowledge so we will gain more knowledge it will increase our abilities and skills. Sharing your trading ideas with other means you are trying to know what other people are doing. It gives more ideas and we learn better ways of trading. In trading I think no knowledge is enough you will always have to keep learning.
Indeed. I think you have all heard the quote "No man is an Island" and that is the best scenario I can think of. Knowledge discovers by ours is not enough, we should get knowledge from others because there are things that we still we don't know and so we also share our knowledge since this would be a great help from them too. Sharing our ideas is one of the most important things you can also trade in this industry.
I hold the same opinion in this regard. Two brains are better than one. Moreover, an experience person will always stay ahead of a noob even if the newcomer holds more theoretical knowledge. It is best for us to learn from others’ experience. Especially when someone is dealing in the digital market and in it too bitcoin is his asset, he can progress quickly and safely by taking benefit advantage the experts and old traders.
It is always good to follow the one who is strong through his experience than the theoretical knowledge. From my understanding with cryptocurrency even the experience fails, because market moves were completely impossible to predict.

Just consider market move of the day with bitcoin. It dropped low to $8000, upon the same more predictions came describing it the starting of fall. In the evening it has recovered and crossed $8200. We need to be lucky to profit out of cryptocurrency even when we're highly skilled or highly experienced.

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October 08, 2019, 09:12:09 AM
 #86

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?

If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6N

Good Luck in trades!
Yes, of course. In fact I''m not contented with just comparing my trading ideas and strategies from other's, I would ask for their critics and ask them to suggest some ways if I they do have some. I am asking for their stand about my idea and strategy because although self-reliance is power, knowing other perspective and knowing how my ideas look from other's viewpoint is still essential for me so I will be able to provide a room for improvement.
       If you happened to hear about the saying that says, "Go alone, and you'll go fast, Go together then you'll go far" it's meaning best represents this instance.
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October 08, 2019, 09:30:49 AM
 #87

Comparing trades is not a bad idea, if you do it to learn, from mistakes, for how to improve, or even to simply yearn for something better. However, comparing can also be destructive if done in such a way that breeds envy and greed.

Remember that the grass will always be greener on the other side, the secret to success and happiness is being content with what you have.

0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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October 08, 2019, 11:32:06 AM
 #88

Yes sometimes but not just to make comparison wherein i always look forward on some ideas because i want accumulate  more strategies and opinions,  in order for me to build new strategy as well or let say to have second option in case there's a problem occur in the market. Because you know being confident on your own idea is uncertain.  So much better to find other ideas as well so that you can obtain  more info and etc. 
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October 08, 2019, 12:44:05 PM
 #89

Yes. I also compare my trading ideas or strategies to others because it may be useful in my future trades and for me to enhance my trading skills as well. Many of us finds trading really difficult, that is why having some research and asking questions in other traders will be very helpful for you, so all of your trades will be worth it.
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October 08, 2019, 04:40:48 PM
 #90

In my opinion comparing trading ideas is very necessary to get the best decision. By comparing the analysis techniques that we have
with other people also positive actions, because by making comparisons you will find similarities and differences. Well from there we will
can conclude the strategic decisions that we will run. Usually after I compare the strategy with others, will find the point of error that
I made. So you can correct the mistake so that when trading can take the right decisions and can make a profit.

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October 08, 2019, 05:07:16 PM
 #91

I do my own technical analysis before checking out what others traders are thinking of the market because I don't like to be dependent on others or influenced by them before I make my own analysis. For the paid signal group or even the free I don't use them, I'd rather listen to someone on youtube giving his own thoughts on market than receiving a signal to buy or sell.
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October 08, 2019, 05:09:58 PM
 #92

I don't hold any ideas in trading but I gather different ideas from different traders at tradingview. Since I'm not good in telling TAs then I consult on every traders that gives their personal opinion on a market. And I will compare different people's idea that has same point of view. For example, trader A says that bitcoin will go up, trader B says bitcoin will go up also. If majority of TAs are like that then that's the time I would buy.




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October 09, 2019, 11:36:32 AM
 #93

i do compare with my friends, it help me to correct my mistakes sometimes and sometimes my friends learn something out of mine.
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October 09, 2019, 11:57:24 AM
 #94

Comparing my ideas will help us to acquire more knowledge in technical skills because without sharing it is impossible for us to find the mistake done by us. Everyone will make mistakes, but in order to rectify, we have to share those with our friend who has very good experience of trading.
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October 09, 2019, 12:59:03 PM
 #95

Sometimes I compare my trading ideas with my friends so we can have more clue about the market, and that helps us to determine the current situation.
Maybe it's not too detailed, but it gives another vision about the market so we can determine what step we need to do.
If we cannot find something, then we decide to stay calm for a while and seeing the market moves.
Sometimes, we find other people's ideas, and we analyze together to find additional information from that person that can help us to make a decision.
But that does not always work because sometimes our analysis can be wrong because the market is moving without we can expect.
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October 09, 2019, 01:40:18 PM
 #96

Its not bad to compare trading ideas if you want a winning strategy its a common method if you are a beginner and don't know much about how the market behaves. By that way you will learn and gather more informations that can help you formulate your own strategy, best if you follow the right people in the trading world.
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October 09, 2019, 06:38:24 PM
 #97

Comparing trades is not a bad idea, if you do it to learn, from mistakes, for how to improve, or even to simply yearn for something better. However, comparing can also be destructive if done in such a way that breeds envy and greed.

Remember that the grass will always be greener on the other side, the secret to success and happiness is being content with what you have.
We need to understand this concept that if we trade as a team, we have many minds working for same goal and if one domain is by chance missed by one person, others are there to cover it. I have seen many traders working together because of this very reason. Moreover sharing knowledge helps you in learning more.
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October 09, 2019, 10:41:03 PM
 #98

To get more information and advice, I often miss some important information about the crypto market, so I often ask in several groups that I follow to get important information that might change my portfolio, but here I often process suggestions and do not include just any suggestions which is unclear.

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October 09, 2019, 11:19:25 PM
 #99

There is so much information flow in the market that it is impossible to follow everything. In this case, we need to define a specific area. Otherwise, there is no way that our energy is enough.
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October 10, 2019, 06:22:02 AM
Last edit: October 10, 2019, 09:32:49 AM by Freddy11
 #100

Absolutely yes, we are so lucky that in this generation, we have so many tools to do so. And one amongst those is Facebook. As there are some really amazing Crypto Facebook Groups available, as with them you can share/exchange ideas. It’s not always necessary for one to follow them completely, but just having these things in back of your mind helps a lot. So this is really what we are required to keep eyes on to manage right.
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October 10, 2019, 09:31:11 AM
 #101

You see a lot of trading idea based thread in this forum, there are a lot of ideas you can get from here, not only that but also you could avail of many important related documents available here. but the question is how you could get this? If you want to start trading then you must have self-assessment in terms of trading and investment, so you can follow other's thinking in a customized way. It's true when starting trading then I asked so many people who are doing well and they also shared a lot of dimensions regarding trading, So you have to select your category and find some people whom you trust, but doing anything in your own way is the best for anything. so you have to make your own strategy and then follow your idol in a trading platform.

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October 10, 2019, 01:52:24 PM
 #102

I don't think so, most traders don't want to provide portfolio information and their tips or tricks. If there is enough it helps to share useful information especially for newbie traders like me. From my experience such information is inaccurate and sometimes only contains Fud information.

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October 10, 2019, 02:51:05 PM
 #103

i do compare with my friends, it help me to correct my mistakes sometimes and sometimes my friends learn something out of mine.
Sometimes sharing sessions are very important so you know which parts you need to fix. it can increase your knowledge of trading and enrich the strategies you can have, you can exchange ideas and many other things. I often do that with my friends, sometimes I and my friends trade and analyze together. the result is far better than just playing alone.
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October 10, 2019, 03:03:21 PM
 #104

I don't think so, most traders don't want to provide portfolio information and their tips or tricks. If there is enough it helps to share useful information especially for newbie traders like me. From my experience such information is inaccurate and sometimes only contains Fud information.

As you said, most but not entirely all traders, many people may not like to share their information and ideas, even if they share, it will be a trap to promote their investment, however, some people will often share their knowledge with others, in return, they will receive the knowledge and ideas of others. Of course, these trading ideas will not be shared publicly, I see that most of these ideas come from individual groups, everyone involved in the group needs to discuss contributing, compare with their ideas, we will improve the shortcomings

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mascherono
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October 10, 2019, 03:04:41 PM
 #105

Yeah, I am always in my own way. Don't usually share the pros and cons with others. But if I get stuck somewhere then take some help from other experts.
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October 10, 2019, 03:42:44 PM
 #106

Yes I do that, I compare it because I want to see if we have the same analyzation. If I see an expert trader with the same idea as me it boosts my confidence to trade and it means I'm on the right path. If I think they have a better idea I test it myself and see if it will suit my trading style.
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October 10, 2019, 06:08:01 PM
 #107

No man knows it all so comparing trading ideas and strategy should not be a bad one. I for one compare my trading ideas with other traders as i am deficient in technical analysis so i need to supplement my area of  weakness and fix which ever part am not doing well. Sharing trading ideas helps one to learn fast

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October 10, 2019, 11:44:20 PM
 #108

Sometimes I discuss my trading idea with others, but I never reveal my secret strategy in trade. For example, most of the traders suggest buy low and sell high, but this is not a very helpful strategy for new traders. Therefore, traders don't like to reveal their favorite coins. Like if someone asks me which coin to buy, I will suggest to him BTC, ETH, LTC, BNB and so on. Because these coins are stable and investment is safe here! At the same time, when I am trading with VERI coin and making profits! So, overall, I want to say that most of the traders won't tell you their trading idea, you have to make your own strategy.

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NewRanger
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October 11, 2019, 02:54:03 AM
 #109

Comparing my ideas will help us to acquire more knowledge in technical skills because without sharing it is impossible for us to find the mistake done by us. Everyone will make mistakes, but in order to rectify, we have to share those with our friend who has very good experience of trading.
sometimes we can get success from trading that is from a failure that we experience. sharing trading ideas for many people and exchanging trading ideas with others will make us learn new and good things, of course with a technique that is better and more profitable
discussing with another trader will help us to improve our knowledge.sometime they have skill or knowledge that we haven't.and compare our trading plan with them will give positive result in our trading and minimize the risk.but it doesn't mean that we will follow them fully.take knowledge that suitable with our charater and leave another one.or maybe creating forum discussion group will help us alot to improve our skill faster than before.in this discussion group we could share and learn experience each other.so no one will repeat bad experience other trader.
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October 11, 2019, 03:06:57 AM
 #110

It is a good thing to compare my own trade with others and it will be a correction of what my trading weaknesses and mistakes are so that I become a mutually beneficial trader.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.

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October 11, 2019, 08:27:32 AM
Last edit: October 11, 2019, 09:23:24 AM by BitTyro
 #111

Comparing trading ideas is the right thing to do specially if you are a beginner. But never compare your gains from others as this could lead into frustrations if the result is not what you really expect. Try to learn from others as you formulate your own plan.
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October 11, 2019, 08:52:06 AM
 #112

Comparing trading ideas is the right thing to do specially if you are a beginner. But never compare your gains from others as this could lead into frustrations if the result is not what you really expect. Try to lean from others as you formulate your own plan.
For beginners, finding reasons on how to speculate correctly with the help of others assumptions will give a good hints to be more comfortable with position that you'll going to take. With their knowledge about the project it's best to study what are the reason behind why they are going to invest and support.
Comparing your ideas and building a good system to execute your trading position with the right anticipation.

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October 11, 2019, 10:21:06 AM
 #113

It is a good thing to compare my own trade with others and it will be a correction of what my trading weaknesses and mistakes are so that I become a mutually beneficial trader.
I compare and share my thoughts with fellow crypto users who are close friends and don't hesitate to find out more about trading with each other and it produces good results.

There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.

 
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October 15, 2019, 01:49:24 AM
 #114

Comparing trades is not a bad idea, if you do it to learn, from mistakes, for how to improve, or even to simply yearn for something better. However, comparing can also be destructive if done in such a way that breeds envy and greed.

Remember that the grass will always be greener on the other side, the secret to success and happiness is being content with what you have.
We need to understand this concept that if we trade as a team, we have many minds working for same goal and if one domain is by chance missed by one person, others are there to cover it. I have seen many traders working together because of this very reason. Moreover sharing knowledge helps you in learning more.
While there are some traders which can trade as a team that is in fact rare, most traders keep their strategy secret from everyone even their families, so while they may offer some pointers about what you are doing wrong if you approach them they will not reveal their strategy no matter what, and we cannot really blame them for that behaviour, it has take them years to find a strategy that fits them and they are not going to give it away to the first person that asks them how to trade.
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October 15, 2019, 02:28:51 AM
 #115

There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.
You cannot view trading as a sort of gambling, timing is everything when it comes to investment and you can have the profit if you are patient enough to sell only at a profit and not to sell off because the market is going down and gambling is entire different as you have no clue about the outcome and hence both are entirely different, if you are smart enough then you will end up in a profit Tongue.
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October 15, 2019, 03:06:29 AM
 #116

There is no benefit in comparing our trading experience with others. Bitcoin market is too random to predict. So even if strategy of other person worked this time and mine failed, it doesn't mean strategy of other person will work again and mine will fail again. Crypto trading is more or less is a gambling.
You cannot view trading as a sort of gambling, timing is everything when it comes to investment and you can have the profit if you are patient enough to sell only at a profit and not to sell off because the market is going down and gambling is entire different as you have no clue about the outcome and hence both are entirely different, if you are smart enough then you will end up in a profit Tongue.
People who don't analyze trading will be gambling because they don't search for an excellent price to buy and sell.
They follow other people's advice, but they never research by themselves.
That will happen, too, with the investment.
And if they keep doing that, they will not be able to make a profit even if they use the investment as the long term investment.
Search the right timing to buy or sell will determine your profit, and if you cannot do that, then better you don't invest in anything.
You can compare your trading analysis with the other, but remember, and you don't need to use their analysis to buy or sell.
You should determine your own price because that is your money, you want to make a big profit than the others.
After you know how much price you want to buy or sell, you can place the order to buy or sell, and leave it until its filled.
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October 15, 2019, 04:16:28 AM
 #117

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.

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October 15, 2019, 04:19:42 AM
 #118

Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as

1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own

So far, i still comfortable with my trade methods. So no need to look any signal and other methods

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October 15, 2019, 05:26:40 AM
 #119

This can be done to be able to find new strategies for making profits when trading, often sharing to add insight because this is very profitable. there is nothing wrong if we share information with traders because it can add information every day, even for myself, I made a group that is specialized for sharing trading every day for traders. mutual benefit between people

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October 15, 2019, 05:48:42 AM
 #120

Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as
(......)
But you can learn also from other while comparing your trading ideas, especially in some indicator or even in patterns.
Or even in some method like Elliot Wave.
We have different ideas especially in trading, we can also see some people that has better or maybe you can understand it easy and comfortable. Then, that's the time we can able to compare ideas, because it will lead to learnings for sure.

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October 15, 2019, 06:17:36 AM
 #121

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
You are right, basically signal or analysis is to find which coin has high possibility to pump in a near future. Sometimes, predictor gives their signals to his followers to help buy the coin, reach the target price and goals. Unfortunately some people has too much belief to this kind of people. Price itself could be affected by many factors and that's why sometimes people lose their money on trading.

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October 15, 2019, 06:30:11 AM
 #122

This can be done to be able to find new strategies for making profits when trading, often sharing to add insight because this is very profitable. there is nothing wrong if we share information with traders because it can add information every day, even for myself, I made a group that is specialized for sharing trading every day for traders. mutual benefit between people
Sometimes it can also add some pumped, this groups who's sharing ideas getting good position from the market, once there's additional investors or traders to join the group and start following the target coin it push the value up. Though it's needed to have deeper knowledge regarding to your
investment and not to rush following or engaging to whatever project is being selected. You still need to stay with your understanding to avoid having a mistakes or regrets take time to use everything to learn much deeper.

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October 15, 2019, 07:58:11 AM
 #123

Correct, this is a very effective way to know if your strategies is really that helpful to gain more profits, by comparing it to others you are also accepting their ideas to find another way to earn profits. We sometimes have experience mental block because of continues failures in Trading, and ended up having a mindset that trading is not suitable for us and quitting it is more better than always losing profits.

I don't know about being effective... sometimes there is a thing called too many cooks spoiling the recipe, and the same would apply even or especially to crypto trading.

Nothing beats making your own mistakes and adjusting things to your precise needs and requirements. Compare to learn. Sure. But it's not exactly effective.

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October 15, 2019, 05:28:48 PM
 #124

In past years, the situation on the entire cryptocurrency market was quite different, and when I started my activity in trading, everything turned out quite easily and gave good results.  In 2016 and 2017, I was able to implement my strategy in trading.  But in the current situation on the cryptocurrency market, my strategy practically does not work.  I have lost a lot of money and now I am adjusting to the current trend of the cryptocurrency market and I am starting to study the possibilities of trading a new one.  I did not say that I was a professional trader, but I already gained some experience.  But apparently this experience seemed very small.
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October 15, 2019, 06:12:05 PM
 #125

Learn from others yes, but not comparing my trading ideas. Imo, i have few step before comparing to others trading ideas such as

1. learn their methods
2. Find risk and profit from theirs idea
3. Benchmaking with my own

So far, i still comfortable with my trade methods. So no need to look any signal and other methods

In my own case I twerked my own method from their own strategy because I might not have enough experienced like those signals provider for instance they might be using a smaller time frame to trade while I prefers a higher time frame of course i will always compare their risk to reward ratio of theirs to my although my portfolio might be small nevertheless I still use my own discretion and ideas to follow them based on their expertise and professionalism in trading.

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October 15, 2019, 06:24:21 PM
 #126

Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.

I wouldn't advice anyone especially a newbie to take the path of going the way of signals, free or paid. The best is to learn the rope. Yes, it takes time but It's worth it especially in the long run. If you can make your own analysis, even if you make mistakes, document them and improve, You should get better at trading and get better profits. You can get inspired by checking out other people's trading ideas. I believe trading view have a section for that.

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October 15, 2019, 06:27:52 PM
 #127

Well, you have got a point there, I also don't trust the paid signal group and those pumps and dump groups. Because if you use their pattern there is a possibility that you will be left behind on their forecast. I mean only a group leader will bring more benefits than the member because they knew when exactly to pump or dump. Comparing to others pattern is not bad but don't rely on them. You should have your own research.

I wouldn't advice anyone especially a newbie to take the path of going the way of signals, free or paid. The best is to learn the rope. Yes, it takes time but It's worth it especially in the long run. If you can make your own analysis, even if you make mistakes, document them and improve, You should get better at trading and get better profits. You can get inspired by checking out other people's trading ideas. I believe trading view have a section for that.
It isnt really bad to look on others trading ideas and charts because you can able to apply it up with your own trading patter or style.
Its much more way better if you do know on how to trade according to your own will and knowledge. Going or do simply follow out some signals
make you some sort of a puppet where you do always rely with others idea.When those people arent already giving any signals then you done for.

R


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October 16, 2019, 01:59:12 AM
 #128

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
You are right, basically signal or analysis is to find which coin has high possibility to pump in a near future. Sometimes, predictor gives their signals to his followers to help buy the coin, reach the target price and goals. Unfortunately some people has too much belief to this kind of people. Price itself could be affected by many factors and that's why sometimes people lose their money on trading.
About some people believe with something like that, not resist sometime we think how to get profit in trading without do analysis by ourself. Even me have been join premium trading signal like that, in past i paid around 0.1BTC. But never get my capital back.

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strunberg
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October 16, 2019, 04:42:59 AM
 #129

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
You are right, basically signal or analysis is to find which coin has high possibility to pump in a near future. Sometimes, predictor gives their signals to his followers to help buy the coin, reach the target price and goals. Unfortunately some people has too much belief to this kind of people. Price itself could be affected by many factors and that's why sometimes people lose their money on trading.
About some people believe with something like that, not resist sometime we think how to get profit in trading without do analysis by ourself. Even me have been join premium trading signal like that, in past i paid around 0.1BTC. But never get my capital back.
that's huge amount at this moment.joining in premium channel didn't give any guarantee we will earn profits.and also owner channel group skill doubtable ,it could be possibility they just copy paste from another trading group.with that money we  could use it to developt our own skill by pratice in market.trade use small number,and  when it loss we will evaluate our mistakes.by doing this repeatly we will understand how market will moved.


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October 16, 2019, 06:00:22 AM
 #130

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Don't take a trading position when only getting information from the Trading Channel. you better find a fellow trader to share indicators and also learn about trading. rather than following the directions of the Channel which cannot give us instruction on how to independently trade only on them

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October 16, 2019, 12:54:25 PM
 #131

Yes, as I am not that expert in trading so I need ideas from other people, especially from experts, I used to follow charts of experts in trading view. Sometimes, if there is conflict, I do stick to my chart, but when if I was wrong, I am analyzing how they got their chart so I am considering it in my next chart. I am not pro, so still need a lot of experiences.

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October 16, 2019, 10:04:55 PM
 #132

This is why I hang out in this section. Although lately there's not been a whole lot of discussion on trading tactics, you can seldom find some good information from other people that seem to know what they're doing. I don't care who you are, there's always more to learn. So, the ability to have other people show you what works for them is brilliant. It's like they say, two heads are better than one. All of our heads together is even better.
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October 16, 2019, 10:26:33 PM
 #133

This is why I hang out in this section. Although lately there's not been a whole lot of discussion on trading tactics, you can seldom find some good information from other people that seem to know what they're doing. I don't care who you are, there's always more to learn. So, the ability to have other people show you what works for them is brilliant. It's like they say, two heads are better than one. All of our heads together is even better.
I wish I could find someone who has the same interest like me in trading, right now, I am just doing it my own and join online trading channels to improve my knowledge but it's different when you can see someone close to you who are trading because you can both compare and improve together.
Thus far, I am still successful despite of being alone but of course as a trader I want more success and more consistency so I can bag more profits.

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October 17, 2019, 03:43:08 AM
 #134

I am very bored seeing the signals from the group, because they sometimes only give false signals to trap us. I better just focus on what I think without looking What people say. I only trade with what I learn by reading various issues about the coins I trade.
Signal sometime we just buy coin that other people already bought. From what i see it is get pumped because new people keep buy it and hope for higher price. Who late will lose, the system is simple like that. Maybe if people know about it, it is better to missed a moment of short pump than stuck in high price.
You are right, basically signal or analysis is to find which coin has high possibility to pump in a near future. Sometimes, predictor gives their signals to his followers to help buy the coin, reach the target price and goals. Unfortunately some people has too much belief to this kind of people. Price itself could be affected by many factors and that's why sometimes people lose their money on trading.
About some people believe with something like that, not resist sometime we think how to get profit in trading without do analysis by ourself. Even me have been join premium trading signal like that, in past i paid around 0.1BTC. But never get my capital back.
that's huge amount at this moment.joining in premium channel didn't give any guarantee we will earn profits.and also owner channel group skill doubtable ,it could be possibility they just copy paste from another trading group.with that money we  could use it to developt our own skill by pratice in market.trade use small number,and  when it loss we will evaluate our mistakes.by doing this repeatly we will understand how market will moved.
But it is long time ago, maybe when bitcoin is $300 because i learn about trading, and any analysis that i learn not really help much. So sometime i ask some of my friend what coin he bought, and he suggest me to join some paid signal group. But when i am join it, i do dues with my friends. 5 person so 0.02 BTC only i must pay.

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October 17, 2019, 03:54:35 AM
 #135

I do not compare, but if I see and analyze other types of strategies, I have my way of seeing and understanding the market, when I see other analyzes, especially from AT I realize that there are many Influencers who do not follow their own advice, some just You are interested in selling your courses or signals, and the signals are based on AT only.

When I get some analysis in tradingvew that have studied the volume, they have considered the order book, which is not such a small fractal, that is where I analyze what the person wants to transmit, because trading has many interpretations, and each person has a notion of market, sometimes ideas are clarified with those of others.

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October 17, 2019, 09:41:32 AM
 #136

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.

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October 20, 2019, 02:13:57 AM
 #137

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.
Those discrepancies between the opinions of different traders are to be expected, there is not an indicator or combination of indicators that can tell you what direction the market will take with perfect accuracy, some indicators are more precise than others under different circumstances, and while a trader may see the possibility of a bull market because a series of indicators points towards that direction another trader will use some other indicators that point towards a bear market.
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October 20, 2019, 12:57:04 PM
 #138

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.
It is better to stick in asking for an advice from the successful traders rather than relying on the trading signals from a paid group. It is more profitable in the long run and it will cost less if you will trade and decide by yourself and not from the signals. If you are a newbie, learn to humble yourself that you don't know enough to be profitable so you should continue to learn from the successful traders and adapt their strategy.
Getting ideas from other traders is much more wiser rather than following on automated trading signal groups same as you said.No trader do had that kind of precise profitable trades that anyone can follow with having a fee. Comparing your trades with others can give out idea that you might able to add it up on your own.

Dont push others ideas to work on your side because each of us do have different perspective while we trade.Decision making and intuition is entire different on each individual.

R


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October 20, 2019, 05:01:06 PM
 #139

I have never compared my trading ideas with others because since then, I've been only applying the basic strategy of trading which is to buy low and sell high. I don't rely my decisions with trading signals and charts because none of it could really predict the future prices accurately. I have professional crypto trader friends who have been helping me and giving me advices regarding trading which is actually helping me a lot. We could seek advice and guidance from trading experts that we trust.
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October 20, 2019, 06:14:14 PM
 #140

Well, I've read your whole post and I agree with some points but the whole thing that I want to mention here is, we are in competition with anyone not even with the markets. So, it's not pretty good to compare your trading ideas with others. By the ideas doesn't make money for you if you can't execute your traders properly on a consistent basis.
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October 20, 2019, 07:23:29 PM
 #141

I prefer to compare my trade with other people's trading on the condition that he is professional and expert and always profitable, with the reason as a correction of my shortcomings in trading and will be my lesson, experience can also be gained from ourselves and we also need to get from people and for comparison and consideration when I trade so that I can become a profitable trader.

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October 20, 2019, 07:44:47 PM
 #142

Well, I've read your whole post and I agree with some points but the whole thing that I want to mention here is, we are in competition with anyone not even with the markets. So, it's not pretty good to compare your trading ideas with others. By the ideas doesn't make money for you if you can't execute your traders properly on a consistent basis.

You made a good point. The market doesn't just work based on a single person's opinion. You, me and everyone decide when it goes. So checking out other people's ideas/opinions can you an overview and overall sentiment ( especially if you checked out several ideas and opinions)  of where the market is going. More often that not, when a lot of traders are looking at a level, It does become a self-fulfilling prophecy. So It's recommended to check out ideas of others. Then make your own analysis as well and then compare it. Finally make a decision. Rhat should give you an extra edge instead of going in blindly.

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October 21, 2019, 08:21:28 AM
 #143

yes in my country a lot of copy traders alias use trading signals, they are willing to pay hundreds of usd just to give a signal, in my opinion it's not wrong because they want to profit without loss, but there are many elements that deceive members of the trading signal to get profits, okay we skip that problem, because depending on the thoughts of others will not make us successful, we must be independent and dare to take steps, maybe we should practice directly so that we get knowledge, not only copying traders but also true traders
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October 21, 2019, 08:35:25 AM
 #144

I prefer to compare my trade with other people's trading on the condition that he is professional and expert and always profitable, with the reason as a correction of my shortcomings in trading and will be my lesson, experience can also be gained from ourselves and we also need to get from people and for comparison and consideration when I trade so that I can become a profitable trader.
In some point, there's a lots of benefits from people who really knows how the industry works out and how they can manage to execute very well. Comparing to those who have a good understanding and skills that can be shared you will learn the proper ways of investing to this market, your money will be much safer when you find ways to gather more ideas for much better business.
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October 22, 2019, 12:25:00 PM
 #145

It's important to check how other traders are going to react to your ideas because that will definitely have financial implications for you when you put your idea to action in real markets.

Usually if your approach is already well known, agreed upon and in use by a considerable number of people, it's a good sign that it won't lead to any trading edge. If on the other hand the general outline of the idea (without disclosing your strategy) is leading to provocative outrage and heavy criticism, that idea might lead to tremendous profitability.

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October 22, 2019, 12:42:51 PM
 #146

Just on comparing with other traders we aren't gonna get any profit out of the same. I used to go through the trade pattern being followed by other users. This will help in making better decisions choosing the respective asset for trading. My trading idea is very simple, I follow buying low and open a sell order for an increased price. Until the trade gets executed I used to maintain patience.

From my experience one can make himself good in trading just by learning the basics as well as the way to study the market changes. Further it is ones own ability to experiment with small investment and learn out of the same, which is the best way to master trading.
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October 22, 2019, 01:03:45 PM
 #147

Well, I've read your whole post and I agree with some points but the whole thing that I want to mention here is, we are in competition with anyone not even with the markets. So, it's not pretty good to compare your trading ideas with others. By the ideas doesn't make money for you if you can't execute your traders properly on a consistent basis.

You made a good point. The market doesn't just work based on a single person's opinion. You, me and everyone decide when it goes. So checking out other people's ideas/opinions can you an overview and overall sentiment ( especially if you checked out several ideas and opinions)  of where the market is going. More often that not, when a lot of traders are looking at a level, It does become a self-fulfilling prophecy. So It's recommended to check out ideas of others. Then make your own analysis as well and then compare it. Finally make a decision. Rhat should give you an extra edge instead of going in blindly.

opinions or ideas from other people can indeed add to the knowledge we will get, especially for beginners who are not accustomed to dealing with market conditions. Therefore, to become a professional trader, we must be able to combine the brilliant ideas of others to be able to practice, but the analysis done by ourselves is certainly much better because all the decisions we make in trading certainly will not depend on someone.
Well, ideas from others are always valuable information because each idea always needs specific evidence and evidence, with lots of different sources, we can really accumulate more knowledge from other people's ideas, and as you say, new traders should adopt these ideas to improve their analytics. However, very much agree that our analysis will be more valuable when we understand that our mistake will be our loss of money, so accumulate good things from others but don't forget our path
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October 22, 2019, 01:54:58 PM
 #148

I do compare my trading ideas with other, I want to know what is the reason and explanation behind the technique, if there is something logical then I will implement that part into my next strategy,not all trading ideas could go well with your strategy but by learning and compare more option then we can find the best formula for trading
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October 22, 2019, 02:05:43 PM
 #149

Sure i do and it has been of great help because through reading some tactics on several trading channels i got to know about the 72-hour crypto volatility cycle. I have joined several trading groups as well where we share ideas and news about market movements and this also have been of great help in my crypto trading activities.

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October 22, 2019, 04:42:33 PM
 #150

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.

It might be confusing but the way you are all pursuing is all the same, even if you guys use different analysis and approach on a single matter, you will all have the same result and conclusion. Brainstorming ideas of smart people will never work together, you'll just keep clashing, therefore I think your resolve is better to make things in your way, but the whole point of comparing your ideas to others is to make things more easier and be more productive.
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October 22, 2019, 05:04:00 PM
 #151

Comparing trading ideas is the right thing to do specially if you are a beginner. But never compare your gains from others as this could lead into frustrations if the result is not what you really expect. Try to learn from others as you formulate your own plan.

I think compare trading ideas is too much important for newbie and experience traders. There are no limitation to learn in trading because every traders strategy is different and unique. Sometimes a lot of experience traders make big mistake. But that is true many traders don’t comport feel to share their ideas which are very effective and to finish successful trade. I don’t go with paid tricks and signals it’s not worthy for the future.                         

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October 22, 2019, 07:49:39 PM
 #152

I don't think that comparing trading ideas with others is very wise thing. It's good to learn something new all the time but if you compare yourself all the time with others you might start doubt in yourself and think that everyone else is more successful than you and that you are doing something wrong. Have confidence in your own experience.

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October 22, 2019, 11:57:20 PM
 #153

Even if I am trading with the same coin or token like BTC to ETH or BTC to ADA, I will not compare my strategies to others, most specially if what he is trading is different. The market movement is different from each coin, like if the other is trading BTC-NEO, why will I copy his strategy if I am trading BTC-LTC. I might use it as a guide specially if he is successful in gaining profits, but as a guide only.
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October 23, 2019, 02:15:15 AM
 #154

No i never compare my trading strategy or ideas to other because i do it on my own and i don't know what there ideas to maybe i will share but i never compare it because i know to my self that I'm not so good in trading.
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October 23, 2019, 05:41:54 AM
 #155

Considering others' trade idea before making your trade is a good option but that can manipulate your decision too which is not always the correct approach. There could be a chance that your decision has more merits than theirs. There are many fake "gurus" everywhere on Twitter and telegram. So if you're comparing your trades with them, take some precautions. I have seen many good traders getting in wrong trades. Market is really volatile and just one wrong trade can ruin you.
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October 23, 2019, 06:21:44 AM
 #156

No i never compare my trading strategy or ideas to other because i do it on my own and i don't know what there ideas to maybe i will share but i never compare it because i know to my self that I'm not so good in trading.


If we have the idea do we need to compare it? Maybe for me its not totally useful if we did compare it everytime we trade because it gave us curiosity and it turns to distraction. we have unique idea on our head if we use it we benefits a lot and if we use another users idea maybe its going to be wrong and not bring us more profit. just learn and grow. our starting line to meet success.

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October 23, 2019, 06:46:50 AM
 #157

I usually do this by comparing a number of predictions that often occur in group signals. I always compare them with the results of the lines I made from the chart of price movements at the exchange so that I can find out which is more valid.
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October 23, 2019, 09:30:32 AM
 #158

much can be compared on the tradingview platform, especially btc, I feel obliged to do so to formulate the analysis that I made. If we jump into the market, we must also look at the thoughts of the big speculators.

At first this looks like something boring, but if the escalation of orders enlarges, this will affect our trade confidence, especially when the current crypto situation is needed to share analysis with each other.
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October 23, 2019, 11:12:24 AM
 #159

very interesting that you do, in my opinion it is a very good learning innovation. I myself have never compared my trading strategy with others, so far I have only asked someone who I feel understands about crypto trading. I do daily trading with little capital, maybe if there is time I will try to see the site that you suggest. have a nice vacation and rest guys.
I also do the same thing with you, do a comparison with the analysis done by others, but the difference is if you do not follow the signal, if I am still following some signals,
but I do not follow it all, just see the results of the analysis, different or the same, and usually I look for different, then see the results after the chart moves, from there I usually find some new techniques.

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October 23, 2019, 11:54:56 AM
 #160

I don't think that comparing trading ideas with others is very wise thing. It's good to learn something new all the time but if you compare yourself all the time with others you might start doubt in yourself and think that everyone else is more successful than you and that you are doing something wrong. Have confidence in your own experience.
Instead of comparing yourself with other traders, its better if you will just use their output to learn more about trading and I agree that if you keep on doing this, you will just ended up broke and doubt to yourself. Its good to become a confident trader especially on a highly volatile market and it requires your courage to take risk.

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October 23, 2019, 04:26:33 PM
 #161

Don't compare yourself to others, Because you can do as well as they can, if you focus on what you do. Comparing your Trading ideas to others will only stress you why you can't do what they do. Why not focus on what you do so that you will know why you keep making mistakes. It can really help you to build yourself and to be successful like others.
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October 24, 2019, 04:33:38 AM
 #162

I usually do this by comparing a number of predictions that often occur in group signals. I always compare them with the results of the lines I made from the chart of price movements at the exchange so that I can find out which is more valid.
So does it help you out to know which is a better way to get profit as I know in the forum in a single day millions of people use to trade and share their ideas so do you compare with the few best ones??I try to gain information from other people by telling than the weak points of my strategies so they give me ideas according to their own way of trading I really enjoy it.
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October 24, 2019, 08:09:06 AM
 #163

Hello,

Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ?
I have been doing that and  the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new.
Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way.

So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste.
After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum.

Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything.

Let me know, if You are also comparing trade ideas with others and where?
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October 24, 2019, 08:40:41 AM
 #164

Don't compare yourself to others, Because you can do as well as they can, if you focus on what you do. Comparing your Trading ideas to others will only stress you why you can't do what they do. Why not focus on what you do so that you will know why you keep making mistakes. It can really help you to build yourself and to be successful like others.

Yes, I have experienced this type of situation previously because even though I make profit they keep trolling me you are placing false orders. Based on the knowledge and experience I have. That's why sometimes it is not a good idea to share our ideas with others definitely they will tease us.
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October 24, 2019, 08:50:22 AM
 #165

I always do something like that I will try to compare the predictions I have with predictions with others and after that I compare what is right because in my opinion the existence of such a comparison can make me learn something new.

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October 26, 2019, 04:47:58 AM
 #166

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.
It is better to stick in asking for an advice from the successful traders rather than relying on the trading signals from a paid group. It is more profitable in the long run and it will cost less if you will trade and decide by yourself and not from the signals. If you are a newbie, learn to humble yourself that you don't know enough to be profitable so you should continue to learn from the successful traders and adapt their strategy.
But as you said asking for advice requires a recognition that we do not have all the information and requires to be humble as well and many traders despite their inexperience will never do that, and the few that could are simply too lazy to do it, if you ask a successful trader about what they did to become successful they will tell you but most of the time their advice will need a huge effort on their part and very few traders are ready to commit so much time to verify if the advice they received is accurate and can be applied by them.
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October 26, 2019, 07:31:18 AM
 #167

You know, I respect technical analysis and various trading strategies. But the situation is such that different traders can interpret this or that trading pattern on the chart differently. Therefore, analyzing the conclusions of many traders about how the market will behave can take a lot of time and confuse me. Therefore, I think that the best solution is to peep on the advice of a couple of successful traders and analyze the market yourself. Paid groups of trading signals of course can give valuable information, but here you need to resist the temptation to buy more than it should, thinking that the trading signal will be one hundred percent profitable.
It is better to stick in asking for an advice from the successful traders rather than relying on the trading signals from a paid group. It is more profitable in the long run and it will cost less if you will trade and decide by yourself and not from the signals. If you are a newbie, learn to humble yourself that you don't know enough to be profitable so you should continue to learn from the successful traders and adapt their strategy.
But as you said asking for advice requires a recognition that we do not have all the information and requires to be humble as well and many traders despite their inexperience will never do that, and the few that could are simply too lazy to do it, if you ask a successful trader about what they did to become successful they will tell you but most of the time their advice will need a huge effort on their part and very few traders are ready to commit so much time to verify if the advice they received is accurate and can be applied by them.

There is nothing wrong with comparing your ideas to other people, sometime 2 heads is better than one, as a beginner in trading too, I do compare most of the time, and analyzing or asking him his side and giving my side too, if I think that I might correct then I am sticking to my decision.

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October 26, 2019, 06:07:33 PM
 #168

Don't compare yourself to others, Because you can do as well as they can, if you focus on what you do. Comparing your Trading ideas to others will only stress you why you can't do what they do. Why not focus on what you do so that you will know why you keep making mistakes. It can really help you to build yourself and to be successful like others.
Comparing to envy is what Is not good, but I don’t think that comparing your trade ideas with others is bad, because doing so will only make you to step up your game, it would also make you know where you are lagging behind and also allow you to know if there is need to welcome a mentor, but if you don’t compare, you would think that your own is going to be the best and you will not be able to grow very well and be able to compete with other traders when there is an opportunity to do so.

There is this contest that i saw onetime for traders to contest among themselves, how would you know that your own will surely be the best when you have not really compared it to other people's own and be sure that there is no area where you are lagging behind.

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