Do You Compare Your Trading ideas with others ?

[bitgolden]

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.

[ChrisPop]

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.

[beej]

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.

[Freddy11]

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.

[Oilacris]

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.

[jamesndungu1]

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.

[Omega Weapon]

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.

[spike420211]

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.

[joshy23]

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.

[Lanatsa]

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.

[SlimShadyMmp]

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

[blueteam09]

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.

[Digitalbitcoin]

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.

[AjithBtc]

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.

[bitbunnny]

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.

[dark08]

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.

[2girls]

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.

[jakoylantern]

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.

[Google+]

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.

[rodel caling]

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.