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Author Topic: Will you advice a new trader to join a trading community or group?  (Read 725 times)
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March 25, 2023, 03:26:12 PM
Merited by Aanuoluwatofunmi (2), Ndabagi01 (2)
 #101

The issue is that even if you join most of these communities, it won't change the fact that it is risky to be new and join a trading community without any experience. It's also important to consider the security of protecting your assets because most of these communities could be scams and you could become their victim. However, once you have some experience, you can, in my experience, distinguish between scams to some extent. as for me knowledge first, and I would not advise a new trader to go into trading without basics.

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March 25, 2023, 03:34:53 PM
 #102

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Joining a trading community or group can definitely be helpful, especially for those that are new to trading. It allows them to learn from others experiences, share strategies, and discuss market trends. They can also find help in those communities and groups when things  doesn't go well for them.
But yeah, it's essential to find a reliable and a legit community. Let's be honest, most of the groups are filled with trader trying to promote shit coins for their own benefit. Those groups promise unrealistic returns to lure traders and push specific coins so they can dump it on them. Even if they do join those groups, they should always do their own research and should not blindly follow anyone's advice.

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March 25, 2023, 04:40:59 PM
 #103

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies?
No. Strategies will never change from the old buy low sell high game. In Spot at least, that is the most effective. Rest of the modes of trading are all gambling, not trading. This is not a college study group where reading more gives you more knowledge or sharing notes.

Quote
What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Disadvantage indeed. You will have the habit of checking that group everyday and pondering over it. Instead of wasting your time on that you should focus on family and friends to keep your mind fresh after trading.

100% of the content in these groups is bullshit and useless, so focus on your one man army of traders and also give time to things that you love to wind down.

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March 25, 2023, 11:41:55 PM
 #104

Joining a trading community or group can definitely be helpful, especially for those that are new to trading. It allows them to learn from others experiences, share strategies, and discuss market trends. They can also find help in those communities and groups when things  doesn't go well for them.
But yeah, it's essential to find a reliable and a legit community. Let's be honest, most of the groups are filled with trader trying to promote shit coins for their own benefit. Those groups promise unrealistic returns to lure traders and push specific coins so they can dump it on them. Even if they do join those groups, they should always do their own research and should not blindly follow anyone's advice.

It's easy to say, to do one's own research when one is still, in fact, a novice. He is not yet qualified to do any research. So almost any opinion confidently expressed will seem right to him. That's why a beginner just shouldn't join a trading community.
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March 26, 2023, 08:36:55 PM
 #105

Participation in trading communities and groups can be very beneficial for traders as it provides them with the opportunity to connect with other traders who understand their situation and can share their experience and knowledge. This can help reduce feelings of isolation and improve market understanding.
In addition, in trading communities and groups, you can exchange new strategies and ideas, get feedback on your own strategies, and analyze the market together with other traders. This can help a trader expand their horizons and improve the quality of their own decisions.
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March 26, 2023, 09:32:38 PM
Last edit: March 26, 2023, 09:49:58 PM by TimeTeller
 #106

Participation in trading communities and groups can be very beneficial for traders as it provides them with the opportunity to connect with other traders who understand their situation and can share their experience and knowledge. This can help reduce feelings of isolation and improve market understanding.
In addition, in trading communities and groups, you can exchange new strategies and ideas, get feedback on your own strategies, and analyze the market together with other traders. This can help a trader expand their horizons and improve the quality of their own decisions.


If it is free, that's more than fine as you can gain some insights with the trading strategies.
But if they will start charging you, then, think about their motive.
Joining a free trading group would be a good one for your trading journey.
But remember, you should filter what they are suggesting as it may not be applicable to your situation.
You can always read their opinions, insights but it doesn't mean, you need to follow each one of them.
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March 26, 2023, 10:45:07 PM
 #107

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
I would never hesitate to advice a newbie to join a trading community so that he will be aware on what is real trading is all about. That way, he will gain more insights on how to be a successful trader and a consistent profitable one. But I would always want to clear this thing in the first place that trading is certainly more losses for newbies than real gains. And whatever trading strategy that might work for others does not guarantee that it will also work for you. I guess he will be more cautious to trade knowing that.

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March 26, 2023, 11:43:06 PM
 #108

depends on who you follow not all the groups are scammers there's good people you can learn from for free

i wish i could show you some picture here with proof but i can't post link here if you need real trading community to learn

how to trade for free just message me.
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March 27, 2023, 09:02:16 PM
 #109

Participation in trading communities and groups can be very beneficial for traders as it provides them with the opportunity to connect with other traders who understand their situation and can share their experience and knowledge. This can help reduce feelings of isolation and improve market understanding.
In addition, in trading communities and groups, you can exchange new strategies and ideas, get feedback on your own strategies, and analyze the market together with other traders. This can help a trader expand their horizons and improve the quality of their own decisions.


I don't know if I'm the only one who haven't come across real trading group you discuss, the ones I do see are channels that is operated by just one person and in that kind of channels, you can't discuss anything with other members. The groups for discussion are always litered with scams, unnecessary messages and noise makers that shill other shitcoins. It is good if we habe those kind of groups and community where we can interact with other traders but I will not advice other traders to jump into trading immediately with other peoples ideas, it can back fire anytime.
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March 27, 2023, 09:08:05 PM
 #110

Participation in trading communities and groups can be very beneficial for traders as it provides them with the opportunity to connect with other traders who understand their situation and can share their experience and knowledge. This can help reduce feelings of isolation and improve market understanding.
In addition, in trading communities and groups, you can exchange new strategies and ideas, get feedback on your own strategies, and analyze the market together with other traders. This can help a trader expand their horizons and improve the quality of their own decisions.


I don't know if I'm the only one who haven't come across real trading group you discuss, the ones I do see are channels that is operated by just one person and in that kind of channels, you can't discuss anything with other members. The groups for discussion are always litered with scams, unnecessary messages and noise makers that shill other shitcoins. It is good if we habe those kind of groups and community where we can interact with other traders but I will not advice other traders to jump into trading immediately with other peoples ideas, it can back fire anytime.
You aren't the only one since i havent joined any groups or whatsoever in correlation with these kind of stuffs which i do consider myself as self learn in all the trading methods and strategies that i have learn.The rest of learning could really be acquired though real experience or engagement with trading.Just like what others been saying that it wont really be that necessary to join up these groups since information and things could really be learnt up online since information is really just here for us to search up and learn from it.Doesnt matter whether you do join or not but i would recommend that it would be better to go solo and alone when it comes
to learning on which you could find out for yourself on what trading strategies and methods that suits you in.

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March 27, 2023, 09:13:27 PM
 #111

Joining a trading group or community is a great idea, Infact, I consider it to be an important part of trading, it helps to focus, and also to have easy access to important informations very quick, as you don't get to dig for every information yourself all the time.

When I was a serous trader, I joined a lot of trading groups on telegram, though majority of those groups were filled with spammers and scammers looking for the weak ones to dupe, but there were still few of the groups that had some serious business minded people on it, and my stay in those groups were really fun and very informative, and educative to me..

So indeed, as a trader, finding a good trading community or group to join is indeed very helpful, much more than we can imagine.

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March 27, 2023, 09:47:13 PM
 #112

The issue is that even if you join most of these communities, it won't change the fact that it is risky to be new and join a trading community without any experience. It's also important to consider the security of protecting your assets because most of these communities could be scams and you could become their victim. However, once you have some experience, you can, in my experience, distinguish between scams to some extent. as for me knowledge first, and I would not advise a new trader to go into trading without basics.
Joining communities is also a way to familiarize trading and a sort of learning tool. Of course, we can't expect that everything we wanted to learn will come from them, not these people knowing the fact that some of these members might be scammers. That is why we should still not rely on them, they can be useful for other things but not enough to give trust to anyone in this group. We can learn some things from them somehow but we also have to work hard personally.

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March 28, 2023, 09:45:09 PM
 #113

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
The only major disadvantage when you are a member in a trading group is when you start believing that trading is so easy that any trader can be so much profitable like the veteran traders in the group. So you did your own trade quickly without analyzing the market well, just imitate the same strategy that work on others, and then you end up trading at a loss. Not realizing that strategies that work for others might not work on you. The reason why we have to develop our personal trading strategy.

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March 28, 2023, 10:49:33 PM
 #114

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
The only major disadvantage when you are a member in a trading group is when you start believing that trading is so easy that any trader can be so much profitable like the veteran traders in the group. So you did your own trade quickly without analyzing the market well, just imitate the same strategy that work on others, and then you end up trading at a loss. Not realizing that strategies that work for others might not work on you. The reason why we have to develop our personal trading strategy.
Just make yourself stick into realistic things, dont make yourself get easily believe on what others been saying or trying to show.The case when you do see these things then it wont really be bad to test it out
but its better not to make yourself that get affected or changed up your mind. They would really be trying to claim that it do works and on this time then you would be changing yours.
This is where it would continue out and if you do stick into this kind of behavior then it would totally be affecting your trading career path. Nothing beats out if you do rely
with your own style and preference on making and creating strategies.

R


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April 01, 2023, 04:15:38 PM
 #115

Hello. I think its individually. I began my journey in thematic communities and groups too. I think for beginners this is the best way to quickly and efficiently understand the topic. I have now switched to p2p arbitrage, this is a more Low-risk trading strategy. By the way, now I began to train beginners and created my own P2P arbitrage team. If anyone wants to join, welcome Grin
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April 01, 2023, 05:06:43 PM
 #116

As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Joining a trading community or group can definitely be helpful, especially for those that are new to trading. It allows them to learn from others experiences, share strategies, and discuss market trends. They can also find help in those communities and groups when things  doesn't go well for them.
But yeah, it's essential to find a reliable and a legit community. Let's be honest, most of the groups are filled with trader trying to promote shit coins for their own benefit. Those groups promise unrealistic returns to lure traders and push specific coins so they can dump it on them. Even if they do join those groups, they should always do their own research and should not blindly follow anyone's advice.
Joining a trading community is like diving into the deep end of a pool without knowing how to swim. On one hand, you could find yourself surrounded by seasoned experts ready to teach you the ropes. But on the other hand, you could find yourself in a pool of piranhas, ready to strip you of your hard-earned cash.

That's why you need to do your homework and find a community you can trust. Don't be lured in by promises of instant riches or unrealistic returns. Remember, if it sounds too good to be true, it probably is.

Even in the most credible communities, you need to stay sharp and think for yourself. Don't be a lemming blindly following the herd. Always do your own research and make informed decisions.

And when the market gets rough, don't forget to laugh. Trading can be a wild ride, but a good laugh can make it all worthwhile. So join a trading community, but keep your eyes open and your sense of humor intact. It's the only way to survive in this unpredictable market.
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April 01, 2023, 05:41:49 PM
 #117

Experience is the best thing and if a person is newbie then involving in a place where you gain knowledge will be better way to be a success investor. Engaging in group is crucial activity and everyone should engage in group, get knowledge from group is good but following every person is not good because these days there are so many groups the main purpose of which is to collect money from others and spread wrong information so they are called as scammers therefore if want success then try to get information about the group admin if he is not scammer then follow his rules otherwise believe without any query does not sound good.

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April 01, 2023, 09:31:24 PM
 #118

Hello. I think its individually. I began my journey in thematic communities and groups too. I think for beginners this is the best way to quickly and efficiently understand the topic. I have now switched to p2p arbitrage, this is a more Low-risk trading strategy. By the way, now I began to train beginners and created my own P2P arbitrage team. If anyone wants to join, welcome Grin
And that's the purpose of having a trading group, you can teach them personally but I've got a different vibe with it. It's hard to distinguish those groups that have an experience rather than just opinions that will be shared with them. Maybe it was the experience was just different and didn't went well for most of us and that's why the impression remains but I think I'll adhere to that feeling that many of these groups aren't really good. I'll agree for newbies, there's an advantage just to having somewhere to start but in the long run, it depends until the group starts asking some fees to keep going on and that's the time to start the trading journey unassisted.

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April 02, 2023, 04:16:26 AM
 #119

Experience is the best thing and if a person is newbie then involving in a place where you gain knowledge will be better way to be a success investor. Engaging in group is crucial activity and everyone should engage in group, get knowledge from group is good but following every person is not good because these days there are so many groups the main purpose of which is to collect money from others and spread wrong information so they are called as scammers therefore if want success then try to get information about the group admin if he is not scammer then follow his rules otherwise believe without any query does not sound good.
You are right that joining a group can also increase someone's knowledge on trading especially when you have zero knowledge about trading and what trading is.It is always good to engage in a discussion with people to know their experiences in the trading,their mistakes,flaws and when they got break-through in trading.This kind of groups gives you ample opportunity to have more knowledge about what trading is really all about because so many ideas will be brought by different people,telling how they had difficulties in their first trading session,and the things they did inorder to see break-through in it.This same group will also make you have someone you can call your mentor,who will teach you about the different strategies in trading,and what you will do to be a successful trader.
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April 02, 2023, 05:12:58 AM
 #120

I'm a member of a Trading community on telegram but I barely have to communicate there but rather I watch the whole discussion over there and follow or learn from what experiences others are sharing and this is one thing I will advice newbies do when coming into the trading industry.
There are alot of scammers out there who promise to give trading signals and after for money to join their vip trading signal which I don't approve of such because I don't encourage people depend on signals from others but rather use those signals to direct or make their own final decisions.
It isn't a bad idea to join a trading community bit it isn't a nice idea to rely solely from informations and signals gotten from those communities especially if it isn't profitable for long

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