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Author Topic: who would you trust?  (Read 1209 times)
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March 03, 2023, 07:53:26 PM
 #141

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?
It's pointless to put your faith in a new trader who might just get lucky and make a quick profit.
Trusting an experienced trader is critical because they can survive in the crypto market regardless of market conditions, whether bear or bull. Regardless, basic knowledge is the most important aspect of trading because people are difficult to trust these days, and no one can deceive you with any strategy if you have basic knowledge.

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March 03, 2023, 08:10:04 PM
 #142

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 you can’t trust anybody, that will be better. In the end, you are the only one responsible of your trading activity so whatever it’s outcome, that will reflect you as a trader. And take note, veteran traders still lose in the process, so never rely your success to them. You can have all the success you want, but make sure you are ready to do everything and work hard on it just to fulfill your dream and be successful in trading.

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March 03, 2023, 08:44:43 PM
 #143

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?

That is a though question, because a young hot trader could only have been lucky in the past and will not make big returns in the future again. Similar with the old trader who might not have had a successful trade in years. In general I would always be cautious when it comes to trusting strategies from other people. It's better to check and analyse strategies ourselves than blindly trust someone else. If I had to choose between the two I would go with the older experienced trader. Being around in the business for many years means that he has seen plenty of bull and bear markets. Maybe he developed a sixth sense to identify the big cycles and can better protect my coins. Even better would be to use both their advice and bet big when they give the same recommendation.
There's an advantage if we can be guided and ask some golden advices from the traders who have been making a lot of trading experiences in the crypto market. Surely they have more working strategies that made them last longer in trading, than those strategies who end up as failures. But when ask to trust someone like them, i would still prefer my own decision when it comes to trading. As long as i know what I've been doing, then i should never underestimate my own abilities in trading.

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March 05, 2023, 03:34:14 PM
 #144

If it benefits our line of work, we must pay attention to both in order to learn the information and put it to use. Don't, however, presume that the methods employed by others will also be effective for us. We need to find our own trading approach. We may work together with both new and experienced traders to absorb their knowledge and then include it into our plan. Never focus on the person who is teaching us; instead, pay attention to what they are teaching, and if it improves us, embrace it.
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March 07, 2023, 10:52:43 AM
 #145

It's pointless to put your faith in a new trader who might just get lucky and make a quick profit.
Trusting an experienced trader is critical because they can survive in the crypto market regardless of market conditions, whether bear or bull. Regardless, basic knowledge is the most important aspect of trading because people are difficult to trust these days, and no one can deceive you with any strategy if you have basic knowledge.
New trader with good mapping out of trading positions that will yields profits at the end of each trades is what every one needs at the moment. People don't care if you're new in the space, as long as profits is coming in, you're the one that will lead the road to their finance solutions in the market. Nevertheless, an experience trader knows when it's a bull and bear season because he had a lengthy experience in the market and knows what it feels like to make heavy losses and massive profits. They're the master minds behind the complex strategy of the market, and I'm fully confident with following their trading signals because this space is all about making the profits but in a situation where I'm no longer recording profits, I'll switched.

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March 07, 2023, 11:02:15 AM
 #146

It's pointless to put your faith in a new trader who might just get lucky and make a quick profit.
Trusting an experienced trader is critical because they can survive in the crypto market regardless of market conditions, whether bear or bull. Regardless, basic knowledge is the most important aspect of trading because people are difficult to trust these days, and no one can deceive you with any strategy if you have basic knowledge.
New trader with good mapping out of trading positions that will yields profits at the end of each trades is what every one needs at the moment. People don't care if you're new in the space, as long as profits is coming in, you're the one that will lead the road to their finance solutions in the market. Nevertheless, an experience trader knows when it's a bull and bear season because he had a lengthy experience in the market and knows what it feels like to make heavy losses and massive profits. They're the master minds behind the complex strategy of the market, and I'm fully confident with following their trading signals because this space is all about making the profits but in a situation where I'm no longer recording profits, I'll switched.
The advantage of having an experienced trader to teach is to hear hints from them of what we need to avoid as they already have that kind of experience before. Yet, that can't warrant profit assurance as we are the ones who would make the final decision but at least, we have the idea and enough knowledge to be used in actual trading which could make us decide right and do the best possible way.
However, we also have to work hard and keep those teachings in our minds as we can't just rely on them forever.

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March 07, 2023, 12:14:00 PM
 #147

Because traders employ a variety of strategies, some of which may not work for us, I always prefer to study alone. However, there are times when I need to expose myself to additional lessons when I struggle to profit. And if we talk about trading, it is extremely complicated. Instead of putting our faith in a new trader with innovative strategies or an experienced trader, why not test their strategies first to see if they work? The objective is to acquire additional knowledge that we can apply based on market conditions.

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March 07, 2023, 02:33:49 PM
 #148

Quote
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 my opinion, an experience trader who has been trading for a long time can be more reliable than a new trader.An experienced trader has a lot of experience where he has been involved in trading for a long period of time, while he has made profits on many occasions, he must have made losses on some occasions. The most important thing is to have both profit and loss in experience, which a new trader will not be aware of it.There is no doubt that as time progresses, trading is also becoming more advanced and new trading techniques are being invented, but experience is something that always gives the edge to new traders.An experienced trader has complete information about market fluctuations,obtained complete information about prices.His experience always puts him at an advantage in trading.Only an experienced trader knows where to buy and where to sell.Therefore, only an experienced trader should be trusted.

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March 07, 2023, 04:02:42 PM
 #149

I just follow and listen to the advice of people who say that. The rest I will decide for myself whether I suit it, or whether what he said is true. So you have to pay attention to that and don't just follow what they say.

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March 07, 2023, 04:12:16 PM
 #150

I just follow and listen to the advice of people who say that. The rest I will decide for myself whether I suit it, or whether what he said is true. So you have to pay attention to that and don't just follow what they say.
In the case of trading, you should never trade by listening to others, you should trade according to your plan and desire. But there are exceptions to this in some cases, such as those who are more experienced than you in trading and have been associated with trading for a long time and have the ability to give positive advice, you can make a decision by checking the advice rationale. But you should never take or give advice to those who are inexperienced in trading. Always remember that a small wrong decision in trading can lead to big losses. So you should trade based on what you know about trading.

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March 07, 2023, 04:23:56 PM
 #151

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?

it's important to consider multiple sources of information and do thorough research before making a decision. While an old trader with a strong reputation can bring valuable experience and insight, a new trader with fresh strategies and a successful track record can also bring new perspectives and potential profitable opportunities. The most important factor is to trust your own analysis and judgement, and not solely rely on someone else's advice.

A veteran with proven and reliable strategy and a newbie with no experience but new tools that are promising for strategy It is really best if you have a lot of sources of information; the more the better, as you can cast, make, and polish your trading strategy, which is really good to earn more profit. I agree that it is still up to your own decision which to follow, but combining them if both are relevant is the best as you can benefit from it.
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March 07, 2023, 08:38:58 PM
 #152

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?

it's important to consider multiple sources of information and do thorough research before making a decision. While an old trader with a strong reputation can bring valuable experience and insight, a new trader with fresh strategies and a successful track record can also bring new perspectives and potential profitable opportunities. The most important factor is to trust your own analysis and judgement, and not solely rely on someone else's advice.

A veteran with proven and reliable strategy and a newbie with no experience but new tools that are promising for strategy It is really best if you have a lot of sources of information; the more the better, as you can cast, make, and polish your trading strategy, which is really good to earn more profit. I agree that it is still up to your own decision which to follow, but combining them if both are relevant is the best as you can benefit from it.
If you do really love for some headstart as a beginner then it wont really be that bad for you to follow up some old trader and trying out to observed on how they do trade it up.Its up to you whether you would decide on

following his trades and methods but its not really that something that you could really trust up in long term because when it comes to speculations and predictions then all of us are all the same.
Doesnt matter if you are a pro or a newbie which it would really be just that the same.This is why its better to make yourself that have that mindset on which you should really be learning
on your own so that you wont really be having that relying into others trades.

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March 07, 2023, 09:42:26 PM
 #153

I just follow and listen to the advice of people who say that. The rest I will decide for myself whether I suit it, or whether what he said is true. So you have to pay attention to that and don't just follow what they say.
In the case of trading, you should never trade by listening to others, you should trade according to your plan and desire. But there are exceptions to this in some cases, such as those who are more experienced than you in trading and have been associated with trading for a long time and have the ability to give positive advice, you can make a decision by checking the advice rationale. But you should never take or give advice to those who are inexperienced in trading. Always remember that a small wrong decision in trading can lead to big losses. So you should trade based on what you know about trading.
I'd never think that it works. Because as I experience, it was good to have at least someone who will guide you to trade as a newbie. In fact, watching tutorials is also one way of listening to others, have you never done that? I believe everyone has done with this and we are reliant on others as a beginner so we have an idea of what we gonna do. Yes, of course, we can't have them for long but at least we already have to earn ideas from them which is enough for us to start our own and make our own strategies and plan.

R


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March 07, 2023, 09:51:46 PM
 #154

I just follow and listen to the advice of people who say that. The rest I will decide for myself whether I suit it, or whether what he said is true. So you have to pay attention to that and don't just follow what they say.
We learn in this system through the advice of people, and i believe that many people who is ready to learn doesn't skip advice of superior one, the only thing they can do is underlined many of the advice and start to work on them one after the other through research, actually not all advice that requires attention but you have you own ways and personal decision to take, but i believe that no one who is here will like to mislead anyone through misformed.

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March 07, 2023, 09:59:32 PM
 #155

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?
why would I have to trust or out my hope I'm a new trader that does not understand the market and how to make money from the market. Trading is very risky which I know and is a risky adventure if we one is not careful we might end up losing money. Asking a newbie about how you would go about your trading sounds like asking a child that doesn't know how to talk to teach you how to read. For us to learn trading we need the hands of an expert trader to teach us so we can learn from there.









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March 08, 2023, 10:31:42 AM
 #156

The safest bet is to trust an experienced trader. The new trader might just be lucky and in this business you can't survive the test of time with luck. If its a scenario where both parties are in opposite sides in a particular thing then you also have to use your head. You have to be able to think for yourself too. Analyze what both parties are saying and see which of them makes more sense. I'm saying this because these things are not always just black and white. The experienced trader might be wrong on a particular situation so you cant just trust him and take whatever he says.

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March 08, 2023, 10:39:11 PM
 #157

The safest bet is to trust an experienced trader. The new trader might just be lucky and in this business you can't survive the test of time with luck. If its a scenario where both parties are in opposite sides in a particular thing then you also have to use your head. You have to be able to think for yourself too. Analyze what both parties are saying and see which of them makes more sense. I'm saying this because these things are not always just black and white. The experienced trader might be wrong on a particular situation so you cant just trust him and take whatever he says.
Not the safest considering that you are entrusting up your trade into someone which we do know that it isnt really that worth considering that you arent basing up with your own analysis.
We know that it does give out that kind of regretable feeling if ever a certain trade would result into a loss or negative outcome.Unlike when you are really that doing with your own
trades out from your own analysis then you would really be having no regrets and eventually you would really be learning up from those mistakes or errors if in case
that you would really on that losing side.

R


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March 09, 2023, 06:39:19 AM
 #158

     As long as you can make a profit, that's okay with me of course. They both have a method that can help us, so I don't see anything wrong with either of the two because the method you tell two people, one old and one new, is that both have a good knowlede in trading.

Therefore, we have no choice here as either of the two benefits us as an individual trader.
profitable in the short term, but let's see how it applies to the long term, whether their strategies are the same or not. Old and professional trader will be better because he is experienced. New traders only know the theory but don't have much experience yet.
But even better is to learn the science of trading, because your own analysis will determine the profit and loss. Don't depend too much on other people.
Yes, both can be profitable in the short term but they will never be reliable and sustainable in the long run. That’s why we should never depend from someone for some trading strategies, let’s develop our own and revise it if it needs to be upgraded. Trading is still an art that we can master, so we should always trust our own analysis from different factors so that we can always achieve our target goals that we have set in trading.
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March 09, 2023, 07:09:57 AM
 #159

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?

Short term I'll go with the new trader since the market is hit and he can give me success for the moment, I'll learn as much as I can form him since he's more recent and knwoeinire about the new and emerging market. I'm the crypto market we have new trend coming up very frequently and alot of money can be made from been early in the trends, trade your coins for profit and leave.

Then I'll use the money made to trade on experience from the older trade knowing fully well that this new trends don't last forever but the market has a path that it follows. At the end of the day, experience always win as it means you have suffered losses in the past and have learnt from those losses to better yourself. While doing all this I'll be developing my own strategy as well.

R


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March 09, 2023, 05:56:54 PM
 #160

Because traders employ a variety of strategies, some of which may not work for us, I always prefer to study alone. However, there are times when I need to expose myself to additional lessons when I struggle to profit. And if we talk about trading, it is extremely complicated. Instead of putting our faith in a new trader with innovative strategies or an experienced trader, why not test their strategies first to see if they work? The objective is to acquire additional knowledge that we can apply based on market conditions.
They already prepared different varieties in case some of it doesn't work but if all of them still does not work, maybe the problem is with the trader themselves. They could be lying when they said that they have already have a long time experience in this field.

It's always a better idea to learn on our own, this way we won't be having a hard time looking for a working strategy and we can also help the other newbies if we are kind enough. When it's our first time to use a strategy, we should test it first with smaller amounts. Once we proved that it's working stably, that is the time to be confident and increase the amount that you are using.

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