Trade + study = great combination

[maniacmusic]

I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.

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[Hippocrypto]

I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.

I haven't experienced anyone of them that has mentioned, just sounded unfamiliar to me, yet those exchanges isn't popular. I need to review their background before I'm going to develop certain confidence about their trading operations. Maybe that's good for beginners as a part of their stepping stones as a trader, but I do recommend well established exchange sites that's stable with their trading volume.

[sheenshane]

I thought you will give an idea or something knowledgeable advice on how to trade just because the title says, "Trade + study = great combination", do you think this is relevant to your post?

I never tried copy trading but I have heard, using this feature sometimes mislead newbies to losing their funds, so I suggest having a full study first and don't rely on copy-paste trading because the movement of the market will not repeat itself for the copy-paste trading.  Trading isn't an easy task of gaining money and there's nothing to hurry if you didn't have yet knowledge and skills on it.

Of all you have been mentioned above, only the Etoro exchange platform could I trust, the rest aren't well known and probably it's a risk to trust to hod your fund there.

[AakZaki]

~snip~
I never tried copy trading but I have heard, using this feature sometimes mislead newbies to losing their funds, so I suggest having a full study first and don't rely on copy-paste trading because the movement of the market will not repeat itself for the copy-paste trading.  Trading isn't an easy task of gaining money and there's nothing to hurry if you didn't have yet knowledge and skills on it.

~snip~.

You are right, I think of the many traders who act like this are copying trades hoping to make a short profit. That's his choice but I totally disagree with this. According to my trading experience, since 2010 not all copy trades are free, even paid ones ensure that every entry will be profitable. I am more interested in independent analysis through technical and fundamental. This will become a good habit and make it easier for you not to rely on other people to make decisions.

[Lanatsa]

You've been mentioning several names on here about copy trades or what so called social trading platforms you had mentioned but I don't have any experience
nor glimpse on how these thing works but basing off with the description alone then it do talks about copying trades.

Great combination? Depends on how someone will be making out his trades or on how he do make up learn for himself.If he do knows how to utilize or make
use of those chances on learning then nothing beats out on something you do really need to learn up.

Plus having experience on dealing with the market will surely be a good add up.

[wxa7115]

I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.

Terrible idea to use those copy trading platforms, trading is already risky enough but now you are going to let someone else dictate what to do with your money when you have not even met them and you do not know what kind of strategy they are using and if you have any chance of being profitable at all?

Those platforms are for the ones that do not want to make the effort to learn how to trade by themselves, just on the first page of this section there is a thread with some evidence to suggest that 95% of the traders out there are losing money, why do you think one of the few winning traders will allow himself to be copied and reveal his strategy to someone else? So you only have two options learn how to trade by yourself or avoid trading at all costs.

[livingfree]

I thought you will give an idea or something knowledgeable advice on how to trade just because the title says, "Trade + study = great combination", do you think this is relevant to your post?

I never tried copy trading but I have heard, using this feature sometimes mislead newbies to losing their funds, so I suggest having a full study first and don't rely on copy-paste trading because the movement of the market will not repeat itself for the copy-paste trading.  Trading isn't an easy task of gaining money and there's nothing to hurry if you didn't have yet knowledge and skills on it.

Of all you have been mentioned above, only the Etoro exchange platform could I trust, the rest aren't well known and probably it's a risk to trust to hod your fund there.

I've also thought of the same too.

But he's just suggesting copy trading and he thinks that it's as always as accurate. And there's one thing that I've seen that is obvious on his post and that is just giving an ad for a certain project or service.

And that's the coinmatics which I don't know its existence.

[ReiMomo]

Where is study+trade=great combination? I dont see it.

The list is on copy/paste trading, this kind of trading is not good for newcomers in trading. They need to have study because trading is full of technical and fundamental analysis which is is hard to achieve in just a month. Etoro is very popular for copy/paste trading but if you check their site, this is not good for new traders because it has a minimum amount of initial capital before you can start.

It will impress if this thread has information about stop-loss and other technical analysis. Copy/paste is just wasting of time.

[Quidat]

Where is study+trade=great combination? I dont see it.

The list is on copy/paste trading, this kind of trading is not good for newcomers in trading. They need to have study because trading is full of technical and fundamental analysis which is is hard to achieve in just a month. Etoro is very popular for copy/paste trading but if you check their site, this is not good for new traders because it has a minimum amount of initial capital before you can start.

It will impress if this thread has information about stop-loss and other technical analysis. Copy/paste is just wasting of time.

I do really anticipate these kind of responses because people are way too hateful that much when it comes to copytrading or following someone when it comes to this manner.
Agree somehow in some sense but it isnt really that bad actually because sooner or later they would really be realizing that it is much more worth if you do trade manually
and able to earn and learn with your own ways of making analysis without relying others hands.It not bad to look for some informations or ideas but it is just good
if you do really just get some of it and apply it on your own.Lots of trials and errors does involved with trading.

[Gozie51]

I thought you were going to discuss base on the title of your post but you talking about something else, copy trading. Copy trading does not give a true experience of trading and you can not do much studying while practicing copy trading as you are relying on someone's expertise, I think this can form part of the real discussion of your thread. Trading gives you a daily experience so that you can go into study to correct some wrongs from your trading failure. For traders, it is more important to go into research to be better.

[Kasabus]

You are simply promoting them and I don't want to think that you are one of these groups trying to bump their platform and services.
Trade + study = positive result but this only happens when you stop copy/paste trading coz this will never give you the best trading result.
It is much better to have your own strategy than to keep relying on others to work on you. If they lose, you definitely lose also.

OP, I think you should not do this because traders are already know how copy/paste trading give a negative impact on their life.

[crzy]

You are simply promoting them and I don't want to think that you are one of these groups trying to bump their platform and services.
Trade + study = positive result but this only happens when you stop copy/paste trading coz this will never give you the best trading result.
It is much better to have your own strategy than to keep relying on others to work on you. If they lose, you definitely lose also.

OP, I think you should not do this because traders are already know how copy/paste trading give a negative impact on their life.

This is obvious, he’s just promoting this platform and I don’t think that this is a good one.
Having the right knowledge is a must, and once you acquired the skills in trading for sure you can do it alone without paying anyone for a trading signal. If you want to create great combinations, you have to start working on your own and don’t trust anyone easily.

[djmixen]

I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.

What is the connection of your statement to the title in which you had made dude?
I don't see any relevance of it, or I may be wrong or I may be right.
Isn't you are just promoting some platform here? Because, honestly, I am not quite familiar with them actually.

[rhomelmabini]

I think the title needs to be changed to "Copy Trade + Trade". I don't think this social trading will do most to get some learning really on trading if what they promotes most is copy trading, though I think there are traders that might learn but it's too rare if they get some good foundation just by copying to others, unless a trader was that wise to learn what's been thrown at him on these platforms.

[ethereumhunter]

Maybe the title should be "study + trading = great combination" because you cannot trade better without study for the first time. But if that is about copy trade, I am not sure you can profit like a trader you copied as you need to know what that trader does. I prefer to research and trade by myself and not copy trade someone else because that can make us lose money if we do not know how to copy trade better. Maybe you need to have skill and experience in trading, so you know what to do when you want to use copy trade.

[crwth]

I don't trust cloud-based platforms knowingly that they can use my information or connection with my exchange to possibly hack it. That's just what I'm worried about. It's okay to try copy-trading but risking a lot of funds while having access to it is quite risky. I would still use a more secure program that wouldn't be installed anywhere but on my computer.

[TheUltraElite]

The title is misleading or the OP has been misled.

The word "study" in trading has a much bigger implication than copy trading which is what has been said in the OP. Copy trading is a scam at the most. You pay for being able to see what someone else is doing and then go to market to do the same. But you forget the time advantage that the previous person has already obtained.

Also there is not guarantee that the person you are copying from is a market guru, because nobody is but everyone says they are - Of course another part of the scam.

But this is not the first thread in this forum about copy trading. So newbies reading this should be careful about what they are being fooled into.

[virasog]

I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

I haven't gone through the article thoroughly but generally it is better to trade after getting the knowledge. There are many free sources available online where one can learn trading. The sad part is that no one is ready to learn about trading but expect to get good returns in their trades.

[Reid]

I heard about Shrimpy in this forum before but never really tried it.
Etoro is one of the known regarding investing and trading services so there are no questions about that.
They filled a lot of websites with their advertising powers. 

“you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”.

It doesn't mean it will be an accurate strategy though.
Your effort is still needed to make the risk lower until almost zero.
Might as well do everything on your own instead of doubting one's work and doing it over again. 

[dothebeats]

There are tons of free resources on trading that gives insight on an asset, its current market movement, and the general sentiment of traders towards the said asset. You can copy their position while learning a thing or two on their analyses, for free. Tradingview, for one, gives you some traders' insight on the market and sometimes their position, though the site never really asked for premium membership unless you want the added features.

Anyways, copying someone's trades without really knowing their reasoning on those decisions are kinda useless since you won't understand much about how they came up with that trade in the first place. If you're a beginner trader, spending money on learning is acceptable, though if you can get it for free, why not take that route?