Do You Compare Your Trading ideas with others ?

[Cacingkemi]

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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[Golstrim]

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

[Tungsten-1]

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.

[teosanru]

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.

[AjithBtc]

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.

[panganib999]

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.

[jmigdlc99]

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.

[Ararbermas]

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. 

[Colt81]

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.

[Shasha80]

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.

[negancoin]

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.

[spadormie]

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.

[Realroy]

i do compare with my friends, it help me to correct my mistakes sometimes and sometimes my friends learn something out of mine.

[coingrowth]

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.

[traderethereum]

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.

[ecnalubma]

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.

[Tungsten-1]

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.

[ufaiz50]

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.

[gulypz]

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.

[Freddy11]

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.