Where do you get trading advice and tips from?

[gabbie2010]

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

I do joined some telegram groups for the tokens that I hold, but I don't exactly follow their motivations because what I seen on the market depends on real trend. Advice only give me references in times of doubts, but not applicable everyday because some of members was spammers. I only absorb reliable discussions in order to have a healthy outcome for my profit.

I got most of my trading advice from forexfactory.com though the advice is forex related however I applied it to cryptocurrencies trading I also followed some trading tips from the forum I also followed advice from Reddit which had been very helpful, I preferred advice that has a practical approach especially those ones related to charting analysis which will enable me to put them into use and validate and reaffirm the advice, this had been very helpful to my trading journey and this is part of the trading knowledge necessary toward making consistent profits in trading, however I don't follow trading signals from any telegram or other source

[Hamphser]

I do learn up things on my own but i do make up searches if i do have some questions in mind and since everything could be googled then you can make out self learn.

Its not easy to do so but its better to have that rather than on following into someone which isnt worth to do so if we can make our own but be always open minded about

accepting others idea for your own benefit too.So this would vary on your own because decisions will really be entirely different to each other.

[Eureka_07]

Most of the trading advice that I receive aren't directly said to me. They were for the mass. Those advice for trading are from those people that I know who has a good status in their trading career. That's where most of the advice came from, few are from my friends who know how to trade and read charts.

[isaac_clarke22]

~

Just like what jackg mentioned, it is all just from history for me as well. Experience to be more specific.
I rather pay for learning from my losses than paying for some random guy in the internet claiming s/he earned a lot from forex and crypto trading while just eyeing on grabbing my money.

When it comes to technical stuffs like indicators in trading, I usually just go in Youtube and watch how each works.

[Desmong]

I don't need to depend on some signals before I could trade or analyze the market. As a trader or market analyst,  we don't always get it right, the market is not running and always there to attend to our corrections and continuous struggles to attend the optimum level when it comes to market analysis. The signal I get from the market determines how I will be place my trades either selling or buying a particular asset or coin

[goaldigger]

Trading advice is fine but if you’re going to follow it without confirming the advice, that’s the most risky to trade because you’re too dependent and that advice might be invalid so better to analyze it as well.

I joined a local telegram group where we talked about trading and opportunities, but they never force me to follow that advice instead their advice to have my own analysis before I trader which is the right thing to do.

[DibiaVxosis]

In my early stage of trading i do take advices from forums like bitcointalk more precisely, and also watch YouTube videos as well to correct my mistakes, but as time goes on i met a mentor who tutored me and gave me advices on what to do and what not to do, so ever since my trading skills developed and my mistakes became less. So in a nutshell i could possibly say having a mentor is really a good point and will surely help your trading career.

[Hypnosis00]

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

I use every resource we have like telegram, our friends, everything available online. Sometimes we can hear conflicting ideas but it is just us who evaluate and made a final decision. Collecting ideas/advice is very important as a beginner but we don't just rely on them forever, we also have to find a way to make ourselves moving up without them.

Experience helps us a lot in learning how to trade and the more we engage in actual trading, the more we can get ideas.

[romero121]

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

I use every resource we have like telegram, our friends, everything available online. Sometimes we can hear conflicting ideas but it is just us who evaluate and made a final decision. Collecting ideas/advice is very important as a beginner but we don't just rely on them forever, we also have to find a way to make ourselves moving up without them.

Experience helps us a lot in learning how to trade and the more we engage in actual trading, the more we can get ideas.

That's good way of gaining good knowledge and experimenting. Myself too have the similar trading practice. Used to follow few experts who used to give suggestions on selecting the right cryptocurrency at the moment. This at times doesn't work as predicted, so later on myself started to have experts view as a reference and make my own choice on selection.

As mentioned in the quote, it is true that more the experience more will be the ideas we get in predicting the right cryptocurrency and the right occasion to make the investment.

[lightning0]

This reminds me that I once signed up for a trading course for 500 dollars. In fact, it only teaches you to look at the technical indicators. Now these contents can be seen on any website. Sometimes they will recommend 1-2 coins. I tried to operate for a while and it was profitable. But not all of their recommendations are correct. In my opinion now, it is not difficult to pick a few high-quality coins in the bull market.

Now I will read some trading books and trade with the dealer. And try them in the trading strategy.

Practice is the best teacher.

[Xinarae*]

I usually get business advice and tips through telegram group your business already has such a good opportunity knows a lot about you and your business. Google also helps a lot if you find yourself on the list it means that google has already collected some information about your business through other websites user contributions or other sources. Now is your chance to get that information and make sure it's accurate and up to date.

[CryptopreneurBrainboss]

Most of the trading advice that I receive aren't directly said to me. They were for the mass. Those advice for trading are from those people that I know who has a good status in their trading career. That's where most of the advice came from, few are from my friends who know how to trade and read charts.

I'm not judging but just advising, you have to stop depending on your friends and especially the masses for strategy. When the masses are involves it's usually just hyped that can't be relied on. An example is masses that have to do with shilling a particular tokens that all it offers is just her marketing value and soon that value is lost, the coins becomes useless and leaves all the currently holders in losses.

With the masses been trusted, probably you're making some gains today but when it backfires chances are, you might probably lose more than you have profited from following them. That's exactly what most traders are experiencing when they blindly follow hypes like the memes tokens that they were buying in hopes of them doing something similar to dogecoin.

Learning how to trade isn't an impossible thing to do and you'll have a satisfaction that can boost your other aspects of the industry like picking the right coins to invest in and from experience, knowing which project is likely to succeed basing your predictions from reading their charts.

[Silberman]

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Been honest here, at some point in my journey in the industry I did rely on signal groups for my trade from telegram. Back then I didn't have an idea on how they operate, I thought they were genuinely just helping. They had VIP groups and always posts how those in that group are doing better than us in the general group which made me want to join but then their fees was outrageous and I was just early in the industry meaning I didn't have much to spare.

It was after few months of me joining the forum that I got to understand those are basically just pumps and dumps groups that rely on their audience to make them look like they know exactly what they are doing. Each coin they picked always pre- pump before we even enter the trade. It was kind of frustrating but since I wasn't losing, it was a good start.

After realizing, engaging in such practice only kills the traders in you I had to stop. After some few tries with trading myself I didn't enjoy it much when compared to investing so that's basically what I'm into now. I have friends that update me with some potential coins to trade but instead I just do my research and if I find any of interesting, I invest.

I think many people go through something similar, after all on the surface it makes sense that some people will want to help the person that is just starting out and if such person gives good advice then a group of followers could develop, but when we see there is an incentive for those people to steal from you and that once you lose your coins there is nothing we can do then the chances are that the majority of those groups are just pump and dump groups, the smart ones like you realize this and learn how to do things on their own but the not so smart ones never learn and lose everything in the process.

[boyptc]

for trading tips I prefer to learn from my friend where he gives practice and knowledge to me rather than through social media platforms or others just giving theory without giving powerful practical tips.

There are good and bad things if you source out through social media. Some are just there to scam you and won't really tell you the actual strategy or just playing as an expert.

Some will sell their 'courses' for you to become a better trader, some sell real courses and some sell don't.

If you have a direct source and that's your friend who's been practicing trading, you better to be closer to him most of the time.

[Ziskinberg]

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Actually, there are a lot of people pretending to be an expert in trading and they send such tips and advice in order to attract more users. They are paid to make this promotion but in real life, they never know how to trade. Because the truth is that real and pro-traders never give such tips openly unless if you ask them personally. They just keep silent and doing their job carefully.

[Shenzou]

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

When it comes to trading and deciding your next move you should always try to look for the hive mind option where you see what a group of people are thinking and what are their point of view towards a lot of things, whether it is from this forum or some telegram trading groups, the important thing to take in mind is the market is going to move based on what these traders are going to do, so never trust individuals who claim they are experts and just try to make your own decisons.

[AmoreJaz]

I don't need to depend on some signals before I could trade or analyze the market. As a trader or market analyst,  we don't always get it right, the market is not running and always there to attend to our corrections and continuous struggles to attend the optimum level when it comes to market analysis. The signal I get from the market determines how I will be place my trades either selling or buying a particular asset or coin

signals in the first place are not really accurate. and those paid signal groups, usually, only the owners are getting advantage from their services. i don't have anyone that i follow to get those trading tips. experience that i gained throughout these years, those what i am banking of. it is hard to trust someone else's piece of advice because we dont know their ulterior motives. better trust your own instincts.

[Lanatsa]

I don't need to depend on some signals before I could trade or analyze the market. As a trader or market analyst,  we don't always get it right, the market is not running and always there to attend to our corrections and continuous struggles to attend the optimum level when it comes to market analysis. The signal I get from the market determines how I will be place my trades either selling or buying a particular asset or coin

signals in the first place are not really accurate. and those paid signal groups, usually, only the owners are getting advantage from their services. i don't have anyone that i follow to get those trading tips. experience that i gained throughout these years, those what i am banking of. it is hard to trust someone else's piece of advice because we dont know their ulterior motives. better trust your own instincts.

There's no such thing about accurate because this market is never been predictable on the first place and this is why that whenever someone do really claim out to have some good or on point analysis then I do really say bullshit.

Getting tips from someone isn't bad as long you don't pay something in return.Having reference isn't bad but don't fully rely on it or follow it because it would just
mess up your mind.

Its up to someones decisions neither those tips are relevant or not.

[ChuckBuck]

signals in the first place are not really accurate. and those paid signal groups, usually, only the owners are getting advantage from their services. i don't have anyone that i follow to get those trading tips. experience that i gained throughout these years, those what i am banking of. it is hard to trust someone else's piece of advice because we dont know their ulterior motives. better trust your own instincts.

Your advice sounds correct, yes, we should be confident in ourselves, when making trades, even if we always make mistakes and lose a lot of money? the fact that the forerunners have more trading experience, and they often predict what will happen next with a higher rate of accuracy than the novices, it is certain. Although, in some cases, predictions can be wrong, but at least, those predictions are more accurate than newcomers can think. I'm not saying that we should look for and trade in groups of buy and sell signals, it's stupid. Instead, we should learn from those with experience

[Cherylstar86]

signals in the first place are not really accurate. and those paid signal groups, usually, only the owners are getting advantage from their services. i don't have anyone that i follow to get those trading tips. experience that i gained throughout these years, those what i am banking of. it is hard to trust someone else's piece of advice because we dont know their ulterior motives. better trust your own instincts.

Your advice sounds correct, yes, we should be confident in ourselves, when making trades, even if we always make mistakes and lose a lot of money? the fact that the forerunners have more trading experience, and they often predict what will happen next with a higher rate of accuracy than the novices, it is certain. Although, in some cases, predictions can be wrong, but at least, those predictions are more accurate than newcomers can think. I'm not saying that we should look for and trade in groups of buy and sell signals, it's stupid. Instead, we should learn from those with experience

I think some people go through something similar, having confident in ourselves when making trades but losing a lot of money is another thing. If your already confident on the coins you are holding, just make sure it was really trusted where you make lot of research about it. Some people might predict what might be happen for the some coins in the future but some predictions might be wrong but at least it will help those newbies to learn about it where they can think some techniques they might do for them to not lose everything they work hard for it. It is not wrong and stupid to trade in a groups of buy and sell where you might be losing some money you have but it will give us some knowledge and learn of all that we experiences. You might also get some advice to some people who already knows a lot in this trading as long as you don't pay something in return. Having reference is not bad but don't fully rely or follow on it because it might mess your mind where you will encounter situations that you don't know already what to do. But, it's up to someone when those tips and advices are relevant and very helpful for them to follow or not.