Lanatsa
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March 09, 2023, 08:10:30 PM |
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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. You should really remove into your mind that there are people who do have those precise predictions which we know that it is impossible.Just like others been pointing out that if they were really that good then why they would really be that tending on creating some group and trying out to lure in followers or newbie traders to follow them? It is really just that obvious on what they are really trying out to use up those people to make some money which means that it would be more worth if you do really trade on your own and learn from your own experience towards the market and its true that it would really be worth rather than on following some jack-ass.
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TravelMug
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March 09, 2023, 08:16:26 PM |
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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 really up to you to decide, I don't think there is one trader even with experience in his hands, can predict where the price is going, thus making money in trading. And it's better to trust yourself though, I mean if you are a newbie then definitely it's be better if you have some mentoring, but not necessarily. So you can do by yourself and then get the experience needed as a trader. You might want to to go to that pains and gains processes and it will be better for you. And time will be on your side, and no need to hurry and build your own strategies.
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Vaculin
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March 09, 2023, 08:39:31 PM |
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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 will be quite easier to learn if we can have someone who will guide us on how to be a successful trader in the market, and it will only be possible if we will be guided by those expert traders in the market, those that have endure a lot of trading experiences regardless if they are profitable or not. But it does not mean that we will rely on them all the time. Once we are good enough, then we can already trust no one on making market analysis since we should develop skills on it on our own. Trading is a process, that’s why we have to start from being less knowledgeable until we find ourselves almost know everything about trading, until we finally see ourselves being successful and profitable in trading without trusting anyone else to do trading for us.
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Viscore
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March 09, 2023, 08:59:22 PM |
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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 we can trust no one, that would be a lot better. Trading profits cannot be guaranteed even if you rely for someone to do your trades, because we all know losing in trading is still inevitable, and it could happen regardless of your position as a trader. Just accept the fact that losing is part of trading, the more you lose, the more lessons you will learned. And when you gain enough experiences already, then you would eventually manage your trades well and might start making maximum profits when trading.
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Russlenat
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March 09, 2023, 09:15:38 PM |
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the person you probably ask for tips in trading doesn't want you to trust him either because he doesn't want you to blame him if incase you lose money because of his trading advice.
trust yourself and trade based on you what you have read on your trading chart. you wouldn't have to blame someone else. this way you will strive to learn with your experience.
The more you lose, the more you get motivated to learn, and you’ll do everything so you can start minimizing your losses. Rather than trusting other people for the success of your trades, trust yourself instead as it’s the only way you will find yourself an effective trader in time. Note that most of the successful traders these days start from the scratch, so eventually as we keep on learning and experience different trading market conditions, then we will know in time how to trade the market regardless of its current condition.
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MiF
Sr. Member
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March 10, 2023, 01:23:42 AM |
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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 can collect information from the expert but never trust them you need to decide by your own, in trading we have different strategy it is an advantage to collect other suggestion and information but you also need to learn in your own way self study and be careful and practical, you are the one who will responsible for your own loss if ever you failed in trading so don't trust anyone.
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topbitcoin
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March 10, 2023, 01:59:38 AM |
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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 one, because result in trading is variative. Someone who already face a lot of result in trading must had known how to solve it and avoid his old mistake. New guy with strategies is good but he is not face a lot of result yet. So it will need more time for him to use his strategies and can filter which one is good or not. Trading is about profit, but how to minimize our loss is more important because we don't know result about each of our orders in market.
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Botnake
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March 10, 2023, 03:53:41 AM |
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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?
Dont trust anyone since you are risking your own money which means that you should really be the one who do make out decisions basing up into your position.Dont let others would really do the job since we are all speculators here on this unpredictable and volatile market.I have that bad experience on letting someone do make out decision on following up their signals but out of 10 trades then it turns out that it was really ending up on cutting losses due to bad positioning.This is why in the end i have learned my lesson and never ever tend to trust up for whatever person do claim out that they do have that high winning or profitable trades. Well, it’s not bad at all if you ask for assistance from experienced traders but if you are used to it, you will never develop your own skills and strategies in trading and that you will never grow as a trader. Furthermore, when they start leaving you, then you might end up suffering the consequences of not learning trading on your own. That is the reason why most traders never trust anyone, but prefer to trade on their own because that’s the only way that they will become great traders in the future.
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Obari
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March 10, 2023, 11:59:36 AM |
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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?
I'm sure you already know who to trust because I personally don't see any reason trusting a newbie trader just simply because his burning hot and a strategy is working for him, I'm sure such a person doesn't have much knowledge about the market and if I'm to trust another with my trading decisions then it will have to be the old trader and I have a principle of low and steady winning the race and I always tell me that trading isn't about making rash profits but how long one will be able to keep winning (consistently making profits). Old traders have that experienced that you can use as the basis when following their strategy, though there are always adjustments that they can perform during the actual trade where followers can't see it coming. As usual, traders always follow some patterns when they are dealing with their trades. Both new traders and old-time traders are working with how they can make some good outcome when they place their position during the trade. More on your appetite if who will be the one that you think that fits with your own strategy, your final decision is still on your own. Yeah I get this point very well and I do understand that no matter what you want, the option and choice is still ours but on the other hand, I think OP was only trying to ask a direct question wanting to know what our choice would be because I believe he already has his choice. Now I actually will follow the old trader who has most of the experience and has stayed relevant over the years and if you could agree with me that what truly matters in any area of life or business is relevance and it's not an easy task to stay relevant especially in trading. I would rather prefer an old trader who has the experience and is also still relevant than just a random newbie making profit because I learnt this the very hard way as I made over $2k from a $100 account in less than 48 hours but blew the account, taking revenge on my trades.
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Comingdown
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March 11, 2023, 04:39:16 PM |
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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?
I think the best work around would be incorporating both of it. You can take notes from the old trader since they have the experiences but you should also try to incorporate the new strategies that the new trader could give you. In this way you will have your own strategy that considers the advices of two which would be unique to you since you put an effort to analyze it to see what could be done to both incorporate it for you to have success on your trades.
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jossiel
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March 11, 2023, 07:44:53 PM |
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Trust no one.
But if there's someone as your source for various trading tips and giving also you the essence of the market based on their experience, why you'll limit yourself to only one of them?
You can't trust them at all times but if you think that those things they're telling you are helpful to you, then get those that seems to be healthy and helpful to you as a trader.
Don't limit yourself from those sources only too because the information that you can get is totally a lot from what we know and if you jump of with resources through the web, you might be overwhelmed.
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Mahanton
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March 11, 2023, 08:15:23 PM |
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Trust no one.
But if there's someone as your source for various trading tips and giving also you the essence of the market based on their experience, why you'll limit yourself to only one of them?
You can't trust them at all times but if you think that those things they're telling you are helpful to you, then get those that seems to be healthy and helpful to you as a trader.
Don't limit yourself from those sources only too because the information that you can get is totally a lot from what we know and if you jump of with resources through the web, you might be overwhelmed.
Definitely true and something that you should really consider on which you should trust no one when it comes to trading tips and other signals around.I agree on most words on here that everyone of us here on this market are speculators and no one is really that having that capacity or capability on knowing on where the price would actually go.This is why it would really be that good that you are the ones who do make out such step for you to make yourself that aware or make yourself as a good trader.Trust no one when it comes to market positioning.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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March 11, 2023, 08:52:35 PM |
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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?
Trusting someone for your future trading actions? That was crazy. What if a certain action got wrecked? It's good to use their analysis as our reference but to put trust in it is highly subjective regardless if the winning rate of that trader is impressive. Why not just contine to build experience? The longer we are involved in doing trades, the better we become as we progress.
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CODE200
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2023, 02:59:40 PM |
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Trust no one.
But if there's someone as your source for various trading tips and giving also you the essence of the market based on their experience, why you'll limit yourself to only one of them?
You can't trust them at all times but if you think that those things they're telling you are helpful to you, then get those that seems to be healthy and helpful to you as a trader.
Don't limit yourself from those sources only too because the information that you can get is totally a lot from what we know and if you jump of with resources through the web, you might be overwhelmed.
Definitely true and something that you should really consider on which you should trust no one when it comes to trading tips and other signals around.I agree on most words on here that everyone of us here on this market are speculators and no one is really that having that capacity or capability on knowing on where the price would actually go.This is why it would really be that good that you are the ones who do make out such step for you to make yourself that aware or make yourself as a good trader.Trust no one when it comes to market positioning. I do believe also in this "trust no one" saying. Why? its because you should not easily believe on what other people are saying around you. Maybe you can listen to them and try to absorb what are useful on their opinion, in trading no one knows exactly when the coin is going to pump or dump. All that you are going to hear from them are just speculation or somehow prediction, it may also be based on their observation on the movement of its price in the past minutes, hours, days, weeks or month. You can also rely on those speculation if it fits on yours too. Every people have their own strategy when it comes to trading and by combining different strategy I guess it will be helpful for you to have more successful trade. Trusting them without doing any research about their predictions or background is like you just let them control you.
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Bobrox
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March 12, 2023, 03:09:25 PM |
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Old trader with a lot experienced seems most trusted and know about market condition than beginner although seems smart how to research and analyze with chart trading, experience is the best teacher what I heard when still on junior high school. No doubt with most experienced trader smart than beginner in cryptocurrency trading because faced many moment when Bitcoin drop or pump.
But I am believing with beginner recommended about how next price of Bitcoin will up or down, give me space for make own research and keep acceptable with the beginner opinion although have been experienced more than five years in cryptocurrency. Can't predicting maybe with beginner recommended something true and not always fault.
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jossiel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2023, 08:32:40 PM |
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Trust no one.
But if there's someone as your source for various trading tips and giving also you the essence of the market based on their experience, why you'll limit yourself to only one of them?
You can't trust them at all times but if you think that those things they're telling you are helpful to you, then get those that seems to be healthy and helpful to you as a trader.
Don't limit yourself from those sources only too because the information that you can get is totally a lot from what we know and if you jump of with resources through the web, you might be overwhelmed.
Definitely true and something that you should really consider on which you should trust no one when it comes to trading tips and other signals around.I agree on most words on here that everyone of us here on this market are speculators and no one is really that having that capacity or capability on knowing on where the price would actually go.This is why it would really be that good that you are the ones who do make out such step for you to make yourself that aware or make yourself as a good trader.Trust no one when it comes to market positioning. We can admire someone and follow them for their words but that doesn't mean that you'll trust them wholly. There have been styles and strategies from different marketers that they're making a rapport first for engagement before they show their true intention to one of their followers. And that is to market a service or to sell something from their own. That's why trust no one on this market because if the market is too brutal, there will be an equal or even more brutal reality and strategies from making a trader believe to what they say.
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Mr.right85
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2023, 09:34:52 PM |
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Old trader with a lot experienced seems most trusted and know about market condition than beginner although seems smart how to research and analyze with chart trading, experience is the best teacher what I heard when still on junior high school. No doubt with most experienced trader smart than beginner in cryptocurrency trading because faced many moment when Bitcoin drop or pump.
There is no guarantee in the market and it doesn't matter who is experienced or not experienced but definitely, an old trader has got the upper hand given that he has made most of the mistakes of which a new trader is yet to go through. This gives you a reason to search out your own experience by making the mistakes and taking notes of what you got wrong. It would be very difficult for me to trust in the result that I happen not to be in on the plan or knows the process to have arrived there. Hence, I rather not trade on another trader's perspective but, try my hands on some analysis and see how it turns out. Better still, I go with a demo.
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Wisdom O
Newbie
Offline
Activity: 15
Merit: 1
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March 13, 2023, 08:39:26 PM |
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I will put trust in myself and learn from them but if I am to do that I would rather stick to an old trader who has lots of experience cuz he has a higher chance of giving a precise analysis.
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carlisle1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 15, 2023, 09:39:27 AM |
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Old trader with a lot experienced seems most trusted and know about market condition than beginner although seems smart how to research and analyze with chart trading, experience is the best teacher what I heard when still on junior high school. No doubt with most experienced trader smart than beginner in cryptocurrency trading because faced many moment when Bitcoin drop or pump.
There is no guarantee in the market and it doesn't matter who is experienced or not experienced but definitely, an old trader has got the upper hand given that he has made most of the mistakes of which a new trader is yet to go through. This gives you a reason to search out your own experience by making the mistakes and taking notes of what you got wrong. It would be very difficult for me to trust in the result that I happen not to be in on the plan or knows the process to have arrived there. Hence, I rather not trade on another trader's perspective but, try my hands on some analysis and see how it turns out. Better still, I go with a demo. Past experienced matters, that's for is the advantage of experienced trader, they can see opportunity and they can analyze the market movement whether if they needed to adjust and change their position. New traders don't have that capability yet, they are just leaning with the knowledge they've learned and from how they understand the business. Choosing what pattern to follow is always going to rely in your own judgement, following experienced or newbie always rely to your decision making.
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Timmzzy
Member
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Offline
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
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June 14, 2023, 12:04:29 PM |
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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?
Just as you said STRATEGY ARE ALWAYS CHANGING, in my case its better to stick with the oldies' ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) , same way they were hot in the market is the same way the new traders will become old and same goes to the strategy. but with all of this no strategy is BEST in the market it just need time and patience to master it and stick with it, even with the ALWAYS CHANGING STRATEGIES the market is still doing its craze thing.
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