who would you trust?

[Lida93]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

In every area of specialization experience matters a lot. If you were sick and needed to go through surgical heart operation, and you're asked that between an old doctor that has been in the system for decades with wealth of experience in the profession to a new fresh doctor with good grades that has just been inducted into the profession who amongst this two will you OP choose and why?
I bet you will hurriedly pick the old experience doctor to the new fresh guy that just arrived due to his wealth of experience, same thing applies to trading, experience is the bedrock to pulling through with any strategy that you would wanna use without which a little psychology move by the market price can through you overboard.

[nara1892]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

In every area of specialization experience matters a lot. If you were sick and needed to go through surgical heart operation, and you're asked that between an old doctor that has been in the system for decades with wealth of experience in the profession to a new fresh doctor with good grades that has just been inducted into the profession who amongst this two will you OP choose and why?
I bet you will hurriedly pick the old experience doctor to the new fresh guy that just arrived due to his wealth of experience, same thing applies to trading, experience is the bedrock to pulling through with any strategy that you would wanna use without which a little psychology move by the market price can through you overboard.

Someone who is experienced will be more trusted than someone who is new even though their abilities are the same. I like the way you put the equation on this and I totally agree with that.
Experienced people are usually more able to look for loopholes because they find a lot of the same things, especially in trades that in my opinion don't change too much. This is a plus for them, and it is a form of appreciation, I've heard that experience is a very good place to learn.

[summonerrk]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Experience is certainly a good indicator. But I know a lot of long-term specialists in the field in which I work full-time, and not all of them are good. Many people are here because they just stayed too long, have no desire to discover something new, to study breakthrough technologies. Sometimes a talented novice enthusiast with a fresh look at things is much better. You need to look at the percentage of successful operations (in the case of the exchange - profit), this will give a more objective understanding.

[Inwestour]

In every area of specialization experience matters a lot. If you were sick and needed to go through surgical heart operation, and you're asked that between an old doctor that has been in the system for decades with wealth of experience in the profession to a new fresh doctor with good grades that has just been inducted into the profession who amongst this two will you OP choose and why?
I bet you will hurriedly pick the old experience doctor to the new fresh guy that just arrived due to his wealth of experience, same thing applies to trading, experience is the bedrock to pulling through with any strategy that you would wanna use without which a little psychology move by the market price can through you overboard.

Because experience is gained in practice, long-term practice, this is the most valuable thing. Anyone will tell you that a few years of practice (of course with certain knowledge) will be valued much higher than dozens of books of studied theory, unsupported by anything.

Therefore, most will choose an old experienced doctor, but the truth is that a young doctor cannot gain experience if he does not start practicing, and someone should become his first patient, this is normal. Successful students with good grades are the ones who will get a chance to practice in surgery, if you get bad grades then the doors will always be closed to you.

[crwth]

The things that are constantly changing are people. The decisions traders need to make are the reactions of how people will interact with the market, whether they are going with the flow or planning to go against the majority. It's always going to be a constant thing.

If someone is trying to point out and have their strategies, and it looks profitable and successful, then it's worth checking it. As long as you keep an open mind, you can look at it with an unbiased view, and if it works or is worth checking out in the long run, then you earned another strategy to beat the market. Still, if not, it's your time, and learning something is better than not doing anything.

[Marvell1]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Experience is certainly a good indicator. But I know a lot of long-term specialists in the field in which I work full-time, and not all of them are good. Many people are here because they just stayed too long, have no desire to discover something new, to study breakthrough technologies. Sometimes a talented novice enthusiast with a fresh look at things is much better. You need to look at the percentage of successful operations (in the case of the exchange - profit), this will give a more objective understanding.

You have a point, not all seasoned traders or investors are good, and newbies are either inexperienced or unable to make a profit. It doesn't matter how long we exist in the market, what matters is the results we achieve. Because we are talking about trading, compare the results that the person gets from that should choose the one with the better record. If you have experience but do not make a profit, it is also useless. Don't forget, the goal when participating in finance is profit.

[LogitechMouse]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Try both of what they are saying.
You will not what will work for you if you will not try both of the strategies that they're saying.

If I will choose between the two, I'll try both of their strategies with a certain amount, and then whatever works for me is the one that I'll be using in my trading journey. Just last month, I tried trading with only 10$, but before that, I watched a video on Youtube regarding indicators that will help me with trading. It was said there that you only need 200 EMA, MACD and RSI and gave some tips as well, and as I watch that video, I'm a bit curious thus, I tried it and just after 2-3 weeks of trading using that strategy, my 10$ went to 50$, and I didn't suffer any lost at all. The only time that I suffered loss is when I tweaked the strategy that I copied and didn't follow it (lucky I set a stop loss or else, I lost all of my money in futures trading). To cut it short, my 10$ went to $100, and still using that money for trading until now.

Overall, it doesn't matter who are you trusting, but what strategies will work for you. Different people have different strategies so try different strategies that you watch and try it all or you can make your own if you want.

[Peanutswar]

Different people have different strategies and not all time those strategies work even for you so the ideal is to make your own trading patterns if this is not effective try another until you see the ideal trading strategy in your trading hobby so this makes you more confident at your own risk. Use the paper trading feature in tradeview before executing your positions.

[Cling18]

Since strategies are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and is mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I will trust a highly reputable and experienced tradee with visible proof of successful trading. Of course, I will not look for perfection because there's no such thing as perfect trading but I find it more reliable to trust well-familiar people with trading. We can also rely on our own experience and effective strategies because we learn through time as we explore more about trading.

[Davidvictorson]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

The old trader was once a "new trader who is hot in the market and fresh with new strategies." I would always go with the more experienced person who isn't conservative but open minded. The new traders' strategies may just be a flash in the pan. And I do not joke with anyone who has a strong reputation. Even on this forum, we know the importance of it.

[Mr.right85]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Do I have to trust any trader with my money based on his trading records?
Not like am going to have to give them my money to trade with it or have to copy there trading strategy or something of those but, technically, having to trust any trader based on there level of exposure to the trade is practically betting on them to have a high potency to win and that is what I am not about.

I mean, a trader could test strategies or take uncalculated risks with your money, they might take other risks knowing that they don't get to go down alone, they might take risks because they've got the balance to hold it on and many other reasons.

The only one I can trust is me because, I alone would feel the impact of being worng or right the most. Being wrong points out something to look out for while being right builds my confidence in me self. I would want that.

[Frankolala]

You don't need to follow anybody's trading tips, either old or new trader. As a trader, it is better that you understand the risk management, and analysis strategy based how the market changes. Trading can cause you to a big lost when you don't understand the right time to trade. It is better to avoid it if they don't understand it.

If you depend on someone else analysis and you used it,it might lead you to lost and you will regret that you listen to him. Your own strategy might bring you luck in the market because it was from your understanding, while someone else own analysis might not work for you.

[Issa56]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

How will I depend on someone's strategy when I have my own, even if my strategy is failing me, the only thing I will do is to work on it and improve it, but I will never use another person's strategy. If you want to stay long in Cryptocurrency, then you should learn to do your analysis yourself and do anything that works for you, don't depend on anyone. The strategy that your friend is using might be hot just as you said, but if I try the same strategy I might be losing money, so don't depend on anybody, learn to do things yourself.

[Fivestar4everMVP]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

If I must answer this, then my answer would be that, i would prefer to trust the old guy that have been trading for a while and have gathered a lot of experiences, they say that experience is the best teacher, i personally see no difference from myself and the new guy, simply because, the guy is new just same way i am new, and you said he came with new strategies, and  then i ask, how long has he traded to form those new strategies and also test and confirm that they are working?

Experience is the best teacher, I would trust the old trader for advice, rather than trust a trading newbie like myself, which would be like a blind man offering to lead a blind man.

[Sebas.tian]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

My relevance experience is to buy potential coins when the price is low in the market, and release them for sale when the price is high in the market which is the best strategy many potential traders are using to achieve a huge amount of money from their investment.  I will trust old strategy than new strategy, because many traders are used to old trading strategy, buy when the price is low and sell when the price is high which is the old strategy that is still working for traders till now. I don't think, it's advisable to use new strategy to trade your coins because it will not let you comfortable like the way you will be comfortable with old strategy you know very well in the market.

[Yamifoud]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

How will I depend on someone's strategy when I have my own, even if my strategy is failing me, the only thing I will do is to work on it and improve it, but I will never use another person's strategy. If you want to stay long in Cryptocurrency, then you should learn to do your analysis yourself and do anything that works for you, don't depend on anyone. The strategy that your friend is using might be hot just as you said, but if I try the same strategy I might be losing money, so don't depend on anybody, learn to do things yourself.

Ideally, trust is somewhat we need upon learning but if we are just talking about relying on a new trader, it seems difficult.
If we have another option, we better ask those who already have a long trading history for they really have the experience and capacity to help us. Instead of asking newbies, we'd rather help ourselves to learn personally for this is the only way. Might working alone is not easy but it is a need to do, there are a lot of online tutorials that could help us and what we need is application to actual trading.

[KingsDen]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

You don't have to trust anyone. You need to trust yourself only if you are sure you know what you are doing. Infact you shouldn't trust yourself either.
Talking about your question, it is better you combine the advice of both plus your own experience and you will understand things that will let you do things rightly.
Especially do your own research but pay attention to both fundamental and technical analysis.

[Mpamaegbu]

Simple truth – Trust no man; verify all. Sometimes trust is broken unintentionally and we've seen this play out here too. We've seen accounts we felt wouldn't do any wrong get involved in scandalous activities. Some trusted escrows have gone wild and misappropriated funds in their care. These things happen because man is subject to change as it's the only constant thing in life. People do change. Accounts (most) here are faceless. No one can truly tell the personality, age or sex of users here apart from what they want us to perceive them as.

[MFahad]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Every trader has own strategy And he will tell you what he has experienced previously. No trader is completely right or wrong but i think old trader will be much better than new one. I will look at my money management and look at my strategy. i will pic up some strategy from both which is best suitable for me. I wouldn't rely on them a hundred percent.

Trading is something that you learn the more you do it so instead of depending on others i think it will be better that i  do  own small trade and then make some own strategy according to my fund and my holding duration. i think it is much better then just take others strategies and then trade. in this way you can earn but you cannot learn.

[GigaBit]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Trading tips in trading life can lead to big losses if a trader lacks proper education. I have seen many traders here sometimes discussing trading signals as well. These things can be suicidal for many who want to conduct trading based on these signals. At the beginning of trading a trader must have a good idea about particular area and almost everyone knows about the volatility of cryptocurrencies. It can be a big mistake for someone who is ignorant about it and wants to start trading. The same technique should not be applied over and over again. Moreover, it is never possible to achieve anything big by using others techniques. I think it is appropriate if you can create a new strategy with your own talent considering the strategies of successful traders.