Do You Compare Your Trading ideas with others ?

[rijaljun]

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.

[Fredomago]

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.

[slaman29]

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.

[atjiat]

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.

[gabbie2010]

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.

[nelson4lov]

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.

[Mahanton]

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.

[BitcoinHunt3r]

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.

[strunberg]

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.

[TelolettOm]

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

[Edraket31]

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.

[adroitful_one]

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.

[Kasabus]

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.

[BitcoinHunt3r]

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.

[LUCKMCFLY]

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.

[EdvinZ]

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.

[Omega Weapon]

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.

[Mahanton]

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.

[Genemind]

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.

[Herry Toms]

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.