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Author Topic: Trading on your own vs social trading and copy trading  (Read 1341 times)
david678345 (OP)
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October 04, 2023, 08:53:27 PM
 #1

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
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Oshosondy
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October 04, 2023, 09:17:30 PM
 #2

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
Trading on your own is the best but you can try signals and see how they only care about their pockets. That would be when you will realized that there is nothing better than to have the knowledge and experience about how to trade on your own. But it is important for you not to use more than the amount of money that you can not afford to lose to trade.

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October 04, 2023, 09:29:20 PM
 #3

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Not really that necessary for you to follow someone in regarding with those signal trades because you wont really be making yourself that knowledgeable because you are really that too relying into those informations
that you do able to get from other traders. Whereas , you could really be able to learn for yourself and nothing beats out that you could really be making your own analysis came from your own understanding and knowledge. Key on here is that you should not make yourself that put in a hurry because most common newbie behaviors that they do really become that impatient and this is where mistakes do really came from.


Trading on your own is the best but you can try signals and see how they only care about their pockets. That would be when you will realized that there is nothing better than to have the knowledge and experience about how to trade on your own. But it is important for you not to use more than the amount of money that you can not afford to lose to trade.

Totally agree with this on which making trades with your own and making your own trading analysis or formulate your own. You dont need someone to do something like this
because we are all speculators on here and it is really that something that gives that regret feeling when you do follow someone but the analysis been made where ending up on a loss
then it do really give out that kind of feeling of regret on what you have done but somehow getting some information or on trying out look for some information with other
traders then it isnt really that bad to snip out some idea into them.

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October 04, 2023, 09:35:05 PM
 #4

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

As a rule, signals are sought by beginners who cannot trade independently due to lack of knowledge. Therefore, do not look for easy ways, spend more time on your own self-education, and then you will not depend on the opinions of others when making decisions.

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October 04, 2023, 09:46:52 PM
 #5

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

You can't say that you are overtrading because if you are a responsible trader, you will know how to limit your trading and limit your losses as well. But let's say if you are just starting to trade, then it's always best to learn from your own trades. Do not be afraid to commit mistakes and losses because that will be your great motivation to improve your trades and become professional and profitable traders in the future. Furthermore, know that trading signals can never be reliable the whole time. They might work at some point but you will know your trades will work better if you rely on your own knowledge and skills as a trader.
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October 04, 2023, 09:48:07 PM
 #6

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Then something is wrong with your strategy which I think is better to solve it than to look for alternatives. Trading on your own is still ideal though you need more time to learn it and it may not be easy but it can be worth it. Copy trading is too risky because you can’t decide on your own and you might lose the opportunity to buy or sell because you are not aware about the market trend, this is a risky decision go trade on your own.
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October 04, 2023, 11:44:25 PM
 #7

doesn't matter the reason trading by your own take priority, you could be dependent on these signal but remember the signal giver is also someone trying to make money here.
moreover i've seen plenty of copy trading review that saying its overrated, even though sometime it could give profit but usually the long term are always losing with these copy trading.
therefore  trading by yourself takes priority as I said.
no free lunch in this world same thing with these kind of trading helper tool or signal all of them definitely have ulterior motives in this case.

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October 05, 2023, 01:45:38 AM
 #8

Copy trading and trading signals are more likely to be fraudulent and cannot be considered trading methods for anyone who wants to trade or make profits from trading.
Social trading may be an intermediary solution, but you should not rely on it too much, especially in alternative currencies. You can use it if you are not sure of the direction of trading or if you have doubts about the strength of momentum that could cause a support or resistance level to be broken.
Trading on your own is the best because you learn from your previous experiences and have experience in trading so that you have a sense of the direction of trading even if there are not sufficient technical indicators to support what you are saying.

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October 05, 2023, 03:02:11 AM
 #9

For beginners, you will be confused about the parquet movement which always makes you feel hurt. Indeed, looking for professional signals can initially shape our trading character, but this should not continue, considering that trading itself will be more profitable for us in the future. so that we can work from trading and of course it will be more fun if we can analyze it ourselves

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October 05, 2023, 02:33:48 PM
 #10

What works for others might not work for you. So don't rely your trading signals from other professional traders because you are not trading just to follow others but you trade on your own so you can learn from your own mistakes and losses that will motivate you to build your own trading skills and strategies. Thus, by trading on your own you will develop into the best trader that you can be, rather than copying other trades and when they're gone, you're left in the losing end.

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October 05, 2023, 02:57:51 PM
 #11

What options does one have to view trading ideas/signals from other professional traders?
The place where you are getting this data, is there is a guarantee that the stuff posted is legit and real? Cooked up signals are no sweat. Getting misled by those fake signals is also easy and many wannabe traders end up falling for that trap.

If you ask me, copy trading is a scam, from my perspective and so is any signal group. I trust myself and I would always trade based on my knowledge and prediction. For that I might have to work a bit on fundamentals and technicals and a bit of luck but end of the day if I lose money, I would know whom to blame and that is better than trusting some weirdo on the net with their pipe dreams.

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October 05, 2023, 02:58:13 PM
 #12

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

And to determine the best choice, you must know the advantages and disadvantages of each first. If you want to trade yourself, this means you must have your own analytical skills, and must have knowledge about the world of trading and you must also have sufficient ability and knowledge in analyzing the market.
If you want to use signals, it means you are using someone else's analysis to follow them and whatever the results, even if they don't meet your expectations, you have to accept them.

And my advice, the best option is to do trading yourself and you have to learn everything well and continue to learn everything related to trading until you really understand it completely and can do it. And if your trading is successful and always produces profits then you will feel proud of yourself. If you haven't succeeded, don't give up and keep trying and improving your skills with small capital until you really master it and become an expert, and you are ready to use large capital.

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October 05, 2023, 03:09:35 PM
 #13

Trading signals don't take each subsciber's risk tolerance into account, it simply takes an average of the values that everyone considers they can afford to lose.
Trading isn't just about near-accurate analysis, it is also about management. Sometimes, excessive trading signals can throw you off your trading plan.

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October 05, 2023, 04:12:04 PM
 #14

I wouldn't say you should rely on trading signal or waiting for someone to give you signal before entering your market, that's to copy trade or something similar. As a beginner you are you don't need to be too haste and worrisome to use any tools to trade, what you need now is fundamental and technical analysis to build you properly as well as equipped you the more to be able to determine the market and the kinds of currency (coin) you should be trading than relying on someone knowledge to enter trade. The best is your personal idea and skill to trade because the next person signal or whatever may not favors you, so developing yourself is the basic things you need to do.

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October 05, 2023, 04:50:22 PM
 #15

It is better to do trading by yourself. But you can't know anything by yourself.  You must take the help of experts I mean you must know the analysis like technical analysis fundamental analysis in case If you want to do trading alone, it takes a lot of time and afford. You need to learn the right way.  And copy trading is very risky.  The risk of loss is very high in gis case. You should never do copy trading. You can do social trading but it should not be done too much. If you are good about trading, you can do it.


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October 05, 2023, 04:56:18 PM
 #16

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Trading is something where you would want to have control on your funds and decisions. So copy or social trading is something I personally would like to avoid. Also I have indeed tried copy trading earlier and lost money every single time. I don't know but when I checked their trades, I could not match it with mine. I just don't understand how they maintain proportion based on the fund.

So I took back the charge of my own trading and never looked back. Even though I don't trade anymore due to time constraints but I start again, I would stick with my own decisions.

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October 05, 2023, 05:03:55 PM
 #17

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


If you are thinking that you are overtrading, then it’s better to set a limit for each day and trade in that limit. Like this you can control the losses and can regulate the profits. The types of trading you mentioned in the OP are good, but the one which is reliable, when you trade of your own. Copy trading is good sometimes, but if you by mistake get into losses, then you will make the person liable for the losses from whom you are copying the trades. It’s better to do your own research and trade with your analysis.

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October 05, 2023, 05:53:44 PM
 #18

Trading signals don't take each subsciber's risk tolerance into account, it simply takes an average of the values that everyone considers they can afford to lose.
Trading isn't just about near-accurate analysis, it is also about management. Sometimes, excessive trading signals can throw you off your trading plan.
Even trading signals do not care about anyone, they are only made to benefit the signal maker.
A signal that is just a number without any chart analysis is just a fake signal, no one can be trusted.

Then tarding yourself by analyzing independently will be better.
It makes us learn how to analyze, and predict prices that will occur.

Trading is not only about analysis but also about management.
Without doing good management, the trading plan that was originally a good plan will turn into a bad plan.
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October 05, 2023, 06:24:39 PM
 #19

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
I pretty much do the same but that's not from time to time and I've done it before to analyze and learn how others trade. I often follow those who doesn't have any idea on how they came up with that analysis or chart. I follow those traders on Twitter that hasn't really have much followers but keep on sharing their charts, for me, they are the traders that has pure hustle and they don't care how much follow they have.
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October 05, 2023, 06:28:55 PM
 #20

-snip-
Trading isn't just about near-accurate analysis, it is also about management. Sometimes, excessive trading signals can throw you off your trading plan.

I would go even further and say that proper management of one's trades is the deciding factor to be successful or not - at least in day trading.

This includes:

  • setting amounts correctly for each trade
  • setting and using stop losses/take profits correctly
  • not overstretching trades
  • and above all: not to break your own rules ("I am sure the trade will recover, ...")

If you master this basic rule, it is much more likely to leave the trading field as a winner.

If you trade a lot of positions at the same time, the steps not only have to be automated, but it also becomes a lot of work to keep track of everything.

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October 05, 2023, 06:34:06 PM
 #21

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


There really only is one way to trade and that is to learn to trade yourself. I understand that social and copy trading are extremely profitable but at the end of the day, it means you are putting your own financial future into the hands of someone else. You have almost no control over that. Take the longer road, learn, make mistakes but ultimately improve.
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October 05, 2023, 06:37:02 PM
 #22

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Instead of seeking for shortcuts to make money in trading, why not try investing in Bitcoin for the time being and then taking your time learning how to trade on your own?

Some trading professionals who provide trading signals are very good and are worth following for good trading tips and ideas, but keep in mind that they also took their time to learn and become this successful; you can start learning from them and getting some ideas to add to your own initial idea so that you do not copy their trading, but instead use the idea to get a good trading strategy for yourself.

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October 05, 2023, 06:59:21 PM
 #23

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Instead of seeking for shortcuts to make money in trading, why not try investing in Bitcoin for the time being and then taking your time learning how to trade on your own?

Some trading professionals who provide trading signals are very good and are worth following for good trading tips and ideas, but keep in mind that they also took their time to learn and become this successful; you can start learning from them and getting some ideas to add to your own initial idea so that you do not copy their trading, but instead use the idea to get a good trading strategy for yourself.
If you do take shortcuts then it would really be normal that you would really be ending up with these kind of considerations or things that you would really be having in mind on which instead on bring up some usefulness
into you which it would really be rather be putting you up on harm instead and this is something that we should really be that minding because if you are really that having that kind of desperation on trying out to speed things up then this is where error and mistakes do usually happen and this is something that we must avoid in the first place. Nothing beats out if you do really make your own trades rather than on following someones
because we are all speculators on here on this market.

Trading signals don't take each subsciber's risk tolerance into account, it simply takes an average of the values that everyone considers they can afford to lose.
Trading isn't just about near-accurate analysis, it is also about management. Sometimes, excessive trading signals can throw you off your trading plan.
Even trading signals do not care about anyone, they are only made to benefit the signal maker.
A signal that is just a number without any chart analysis is just a fake signal, no one can be trusted.

Then tarding yourself by analyzing independently will be better.
It makes us learn how to analyze, and predict prices that will occur.

Trading is not only about analysis but also about management.
Without doing good management, the trading plan that was originally a good plan will turn into a bad plan.

Yes, they are really that sharing up those trading tips just for having that kind of possible benefit on which it would really be gained by them which turns out to be an
extra income for them specially if there would really be some sub fees. We do know that there would really be those VIP fees or whatsoever if you do really tend to join up
on a particular group.Somewhat if you do see about being profitable type of trader then making some following wont be bad but i should say that spending some bucks
for that kind of opportunity is never been worth. Better to trade with your own and never consider out this stuff.

R


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October 05, 2023, 07:52:41 PM
 #24

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Many trader think that signals will help them to earn some good money in the short term period of time.The trader should build their own strategy,So the same strategy will help the trader become a millionaire.But the trader should ready to spend time in the trading,if the trader so the random trade by little analysis.It never help the trader to successful in the trading,the trading also need of the dedication as like the other business.So if the trader spend time to analysis of the price variation it help the trader in long period.
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October 05, 2023, 08:24:21 PM
 #25

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

If you already have the knowledge on trading and you have a mentor that gives you guidelines on trading is best for you than searching for trading ideas and signals if you not careful and if you don't Lose your money then its better you rely on your own instincts  when it comes to trading. Rely on channels to trade is not advisable and that is why they always say you should go for the knowledge first. At least you will know some certain principles and secrets to trading. And if its about using other people's idea has example not a bad idea. But trading with other people's analysis i will rather be on my own. And its not a difficult matter when I can buy and hold as simple has that.

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October 05, 2023, 10:38:11 PM
 #26

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

It's so hard to trade on your own if you're wanted to analyze your trade with your own ideas get from the chart. It's better to get ideas from traders who are already profitable out there by joining their mentorship program. This will help you to have a strategy in trading that you must have to follow. If you're not satisfied and you're consistently losing, you can modified your strategy by adding more confluences in your trade. You have to test the strat in your demo account first to determine the winning rate of this strategy before using it in the live account. It's way more better to trade on your own that let others trade for you.

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October 05, 2023, 10:47:04 PM
 #27

Yes, they are really that sharing up those trading tips just for having that kind of possible benefit on which it would really be gained by them which turns out to be an
extra income for them specially if there would really be some sub fees. We do know that there would really be those VIP fees or whatsoever if you do really tend to join up
on a particular group.Somewhat if you do see about being profitable type of trader then making some following wont be bad but i should say that spending some bucks
for that kind of opportunity is never been worth. Better to trade with your own and never consider out this stuff.
Recalling my own past even before knowing trading so deeply and learning analysis.
I was also in the VIP group of trading signals and there were many entry and exit numbers given without any chart analysis or explanation.

Subscribed about $200 for live time and got about 5 or more pair trading signals every day.
But in the end, the signals don't work well because the market is volatile and it takes months to make a return.

Even I followed more than one trading signal, and among them turned out to be trading signals copied from other groups which means they resell signals provided by others.

Learning from that experience, I never touched such groups again and focused on developing myself, learning technical analysis and fundamentals, it's better.
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October 05, 2023, 11:39:53 PM
 #28

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


This depends on your preference and time as a trader.

Generally, people tend to dedicate most of their time in trading in order to have their respective indicators. They apply various techniques, analysis, and other skills to arrive at a certain indication which would definitely give them an insight on what cryptocurrencies to trade at a given period.

For people who only have a relatively quick time in trading, they may opt to copy trade but this only leads to most falling and losing their trading journey. If you were to trade and this is the technique that you will employ, might as well to NOT trade at all.

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October 06, 2023, 08:13:58 AM
 #29

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

If you want to understand for yourself how good an idea it is to trade based on someone’s signals, then you shouldn’t rush to lose your money on it. Take for example a few telegram channels that share such signals, and just try to repeat transactions after them, just not real ones, but on paper. See what you can do, whether you will have any profit or whether you will have losses.

Just don’t look at their screenshots and postswith profit, but write down your data when you would like to buy and sell, this will give you at least an approximate picture of what you can get from such channels. But if you are interested in my advice, then learn to trade yourself, without any dubious advice and channels, this will not help you grow as a trader and most likely will not bring any profit.

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October 06, 2023, 08:44:02 AM
 #30

The option is that you can gain or lose from trading signals from other professional traders. But it would be better if you could analyze the market rather than rely on other trader's signals. That's why you must learn about trading to analyze it.

But if you want to compare signals from traders on several channels, you have to try them one by one to find out which signal works best. But they won't be able to provide the signal forever because later they will offer you to join their private group.

Those who share their signal in their group may not work for all their members. So you have to be careful if you want to use signals from other traders. You should learn to analyze to trade better and not depend on other people.

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October 06, 2023, 09:05:43 AM
 #31

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

All if you can trade yourself. better than It is better to trade by your own experience and observation. If you don't have to rely on other people then I will become an expert. And in the future you can expect good things without depending on others. You are still new, so if you want, still go with trade signals or someone else's help. Also you observe. Then you will become a professional trader.
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October 06, 2023, 11:31:58 AM
 #32

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
Trading is more like a gamble especially if you lack the required skill set, that's why it's advised to hold unto your Bitcoin and sell during the bull season instead of trading.

Having said that, there's no way you would gain mastery of trading and become a professional trader without testing the waters. So you need to try your hands of some trade. You've to acquire the right skill, get trading materials and read up, watch professional trading videos and start trading with a demo account, from there you can progress to your funded account. I wouldn't advise you to go for trading signals as most of them are not reliable and you could end up losing your funds.

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October 06, 2023, 11:47:56 AM
 #33

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


I have tried them all, but trading on my own decisions would be the best bet. For those who didn’t have trading knowledge but wanted to make money by taking shortcuts, they opt for signals and copy trading.

I was that guy back then but not anymore. I just realize that these signals are inaccurate and only have slim chances for the calls to make it right. And as for copy trading, the one we copied is something that we cannot control in his/her decision making whether going up or down.

Much better to learn technical analysis and trade on your own. Taking it one step at a time.

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October 06, 2023, 11:57:13 AM
 #34

I have tried them all, but trading on my own decisions would be the best bet. For those who didn’t have trading knowledge but wanted to make money by taking shortcuts, they opt for signals and copy trading.

-snip-

Much better to learn technical analysis and trade on your own. Taking it one step at a time.

Copy trading is comparable to a broker that you just give money to and hope that he will make more out of it. So I wouldn't call this "trading" at all but see it as a classic (high risk) investment.
However, people who rely on copy trading must be aware that they have almost no control over what happens to their money ... and should not call themselves traders under any circumstances.

I completely agree with you on the second paragraph. With copy trading you learn absolutely nothing yourself. If, on the other hand, you acquire skills around technical analysis, market predictions and so on, you will not only enjoy trading more but also have huge learning opportunities. Even if the initial phase in particular is certainly a hard learning curve. You don't have all that as a copy trader (or signal trader), but the learning curve is often at least as high.

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October 06, 2023, 03:30:49 PM
 #35

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


There really only is one way to trade and that is to learn to trade yourself. I understand that social and copy trading are extremely profitable but at the end of the day, it means you are putting your own financial future into the hands of someone else. You have almost no control over that. Take the longer road, learn, make mistakes but ultimately improve.
I don't agree that they are extremely profitable, knowing most of them are not even reliable at some point. Know that there is no perfect trading, that even professional traders are not 100% capable of having trading signals that work, so why bother following them. Instead, work on your own and trade using your own knowledge and skills. In the end, you will always have more advantage than those who simply rely from others to make their trades work.
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October 07, 2023, 02:32:20 PM
 #36

Trading your own gives you a great amount of unlimited power, you can do whatever you want and that matters. However, if you trade with someone else's situation then the result will not be that good because you are limited to whatever they tell you and you have to keep doing what they are telling you as well.

This is why the best thing to do in this regard is to just help yourself and do your own trades, it will definitely allow you to get better and should be something that would benefit you on the long term. I get that not a lot of people end up doing their own trades because they do not know how to do that, but at the end of the day they are going to be forced to learn how to do that eventually which should be the most important part.

I personally do not really do anything that is crazy, I just look at the TA and calculate how it should be going and trade based on that, which makes it easier and not really a big task to trade, sometimes I lose as well, but overall I am in profit lately.

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October 07, 2023, 11:33:44 PM
 #37

OP, have you come to think of those you call professional traders as people who just rose up in a day and became professional traders? I once read a parable about trees: "Trees shade their leaves off during the supposed season, yet they don't die off, for when it's time to grow new leaves, they will still continue their growth." So, a professional trader once learned, tried and failed, experienced a series of losses, and yet they did not give up the practice. Now they have become more experienced and have also learned how to overcome their emotions while trading. They have learned about when to stop trading, when to take profit, when to stop losing, and how to move on with their loses. They have learned the perfect timing rather than just settling for luck and not skill. So, I will say that personal trading on your own is the best way to trade. If you don't know how to trade, then keep learning. Learn until you are good.

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October 07, 2023, 11:37:19 PM
 #38

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


There really only is one way to trade and that is to learn to trade yourself. I understand that social and copy trading are extremely profitable but at the end of the day, it means you are putting your own financial future into the hands of someone else. You have almost no control over that. Take the longer road, learn, make mistakes but ultimately improve.
i would definitely not call copy trading as extremely profitable because if it does really gives that much profit i'd have followed all these copy trading platform but there has been no prove whatsoever that these copy trading is truly effective.
you know the trades made by the so called reputable veteran traders could be heavily manipulated by the platforms i don't think its truly a good way to trade.
its as you said, going through traditional method of analysing on our own usually just better.

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October 07, 2023, 11:46:45 PM
 #39

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

You can test the result by doing both. See in the long-run the most and effective way to deal with your trades.

It's not wrong to follow someone but at least, you should established your own trading knowledge while doing trading.

As soon as you become an experienced trader, you don't need to rely on these copy trading or looking for someone analysis.
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October 08, 2023, 07:27:35 AM
 #40

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

And how exactly are you going to evaluate the ideas of other traders when just trading on your own is considered to be overtrading according to you? You are free to try to use signals, use copy trading or bots, but remember, most of them are scams and will not allow you to get the results that you want, and in that case you may want to avoid wasting your time and begin to learn how to trade on your own, not an easy feat as there is a very real possibility you will fail, but at least there is a chance you could succeed too, unlike the alternatives.
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October 08, 2023, 08:08:43 AM
 #41

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

If you have good experience and little knowledge about trading, you should not trade with signals from many people. Moreover, if you take signals from a professional trader and successful trader, you may not always profit. You may not always make profit, many times you will face loss but if you start trading with small amount of money on your own responsibility, you will surely learn in future. Moreover, you don't accept signals from others, adopt your own skills and own trading strategies, but it will motivate you and get good profit. So I suggest you never use copy trading but use your own experience and trade it will be good for you. And if you keep trading on your own merit then once you can make good profit it will be best for you.

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October 08, 2023, 02:37:07 PM
 #42

Quote
Re: Trading on your own vs social trading and copy trading
You can try both, and focus on what works for you.

Trading on your own takes more time to learn, more money because you might lose in the process, but in exchange, you can get more profits if you became a successful trader. On other hand, copy trading takes little to no time to learn since you will just copy what expert traders are doing, you don't need that much money doing it, and the chances of you losing money is still there, but it's relatively low compare to when you are trading on your own.

Do what's working for you. Try both, and focus on what you like to do.

You said that you're looking for trading ideas? There are many information online that might help you with your trading journey. You want trading signals? Telegram, and Discord has it, but beware because most of these signals are false. Well it's up to you still if you will follow them or not. Good luck with your trading journey, and I hope you can be a profitable trader someday. Smiley

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October 08, 2023, 03:13:06 PM
 #43

people have different styles of trading. I use all of them because I'm a beginner, meaning I'm not very good at my own predictions. Sometimes I need a trading expert or like a channel that gives signals. It's not wrong to use it, everything is good as long as it doesn't harm you. I think I prefer to use my own predictions in certain cases, as well as copy trading.
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October 08, 2023, 04:08:10 PM
 #44

yes, that's true. I think too many predictions with your own predictions are also not good. I usually use signals from Telegram at least it helps me get the coins I want to buy. I will predict the rest myself with simple technical analysis. I'm not very skilled but I think this is enough to be ready to trade. the most important thing is how bitcoin remains stable to keep making a profit from the coins we buy.

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October 08, 2023, 09:28:04 PM
Last edit: October 09, 2023, 08:27:41 AM by Bananington
 #45

 I have always fancied being a student of trading for as long as I can remember, and one thing that is so good about this idea is the experience and boost of confidence that is to be gained, coupled with the fact that whether one makes losses or wins, it is just the fate of the moment to bear.
Besides social trading, copy trading for is more of a cheat or shortcut to people who prefer ease and for people who are too lazy to improve or too greedy to want to double their funds.
Bots have been more encouraged in recent days and for those who are still in beginners stage, it is a one stop solution to long learning experience of trading. Use bots and program it just to trade at the set time. Other functions exist for its use, and Bitget exchange is one which offers this feature in its nature.

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Distinctin
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October 08, 2023, 09:49:14 PM
 #46

It’s best to gain your own trading ideas or trading signals from your own experience in trading. Trading on yourself is still the most recommended one because your experience will definitely hone you into a professional and successful trader in the making. Ignore those trading ideas or signals from random traders, you don’t know in the first place if they are real and successful traders in the market. And most of those who bargain their trading signals are probably not working for them, so how much more for other beginner traders who have less experience in the trading market.

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October 09, 2023, 05:11:11 AM
 #47

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


The first thing is the professional does not follow others they go on their mind and techniques. I don't know why people want to follow others to do the same as others. Just go on your thoughts as you have your mind take the idea from signals and gain more experience which makes you perfect in trading the more you learn the more you will gain experience. In trading, everyone has their own strategy that they follow and this is because that suits them it does not mean that it will also work on you. the best thing is to just take the idea and make the final decision yourself I am sure you will succeed. And in trading one should invest the money which he afford to lose if you invest a lot it consequences will be far negative and also do not allow your greedy nature the market is not always on your side.
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October 09, 2023, 07:19:03 AM
 #48



Trading with independent analysis must be a priority, because this will hone your ability to upgrade your analytical skills. In any market, the only person who can help and survive is ourselves, not anyone else.

Regarding copy trading, I do not recommend doing it with large amounts of money. Because copy trading is someone else who is in control. Indeed, at the beginning the profits they obtained were consistent, but there were times when they lost money and we also felt this effect. So just be careful when doing copy trades. I myself never believed in copy trade.

Signals or technical analysis from colleagues, other people, VIP or non VIP trading groups, influencers. Don't use this signal as a reference for opening a position, keep doing your own analysis and use other people's analysis as a reference, learning process or comparison.

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GeorgeJohn
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October 09, 2023, 08:45:31 AM
 #49

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Actually from my perspective engaging in trading signals is quite good because it will enables you to be updated concerning trading but the problem is that signal groups some of them gives signal without making a proper research and base on they have given a twice signals that slightly correspond before and you now fell all their signals is accurate, the signal groups has mislead people with wrong signals, so I think it will be good for you to learn and understand by yourself, so what I wanted some of us to is to learn trading through online tutorials, it will perfect your ambition in trading, the thing is that learn and practice and you comprehend the risk measures of trading, and if you want to go through analysing cryptocurrency and mostly bitcoin you have take note by making sure you how to interpret the movement of candle sticks, that will enable you to understand or not to be victims of disadvantages occurrence in trading and signals

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October 09, 2023, 09:08:48 AM
 #50

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


It's always better to discuss your trades with other. Only by talking about it it's already another form of thinking about your strategies. During a discussion we can be challenged about things that we haven't thought about ourselves, or just get another point of view. As long as there is trust and we can be fully open I think that it's helpful to engage with others about our trades. From your question I get now that you are looking for trading signals. Are you also using them yourselves? It's hard to find professional traders that are willing to share their trades for free. If you don't offer research or analysis on your own than it would a very one sided relationship. There are some telegram groups that share trading signals, but you will have to pay some money to join the professional ones. This however is still not a guarantee to make a lot of money of these trading signals. It's hard to trust someone you don't know blindly, I would recommend you try some new strategies first in a demo account without using real money. After testing and finding out that the strategies work you can still add large amounts of money.
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October 09, 2023, 09:34:34 AM
 #51

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Trading on your own is cool but if you’re a novice and you don’t really have much knowledge on trading you just have to seek for help by getting signals or you go for copy trading. There are lots of exchanges that can help you trade if you feel you don’t want to trade on your own anymore, you just have to do your research well. I’m sure Bitget exchange has copy trading and some other exchanges too.
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October 09, 2023, 10:34:06 AM
 #52

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

And how exactly are you going to evaluate the ideas of other traders when just trading on your own is considered to be overtrading according to you? You are free to try to use signals, use copy trading or bots, but remember, most of them are scams and will not allow you to get the results that you want, and in that case you may want to avoid wasting your time and begin to learn how to trade on your own, not an easy feat as there is a very real possibility you will fail, but at least there is a chance you could succeed too, unlike the alternatives.
I believe that it's not every trader that will trade by themselves, this is for obvious reasons, some people want to invest but do not have the time and still wouldn't want to miss out on the general cake of the market. I wouldn't blame them if they are so desperate to find the right service provider rather than trading all by themselves. While some will never trust themselves to handle their trading investment, I wouldn't blame them too since they know their weaknesses and strengths, that is why I will never entirely condemn going for social trading like copy trading.

While the last set of traders will not like copying trades and will want to trade all by themselves, such traders are so challenged and many are only wasting their money every time they invest. They will again learn more and still again lose their money and it will continue like that probably forever.

However, only a very few make it in trading.

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October 09, 2023, 01:48:19 PM
 #53

people have different styles of trading. I use all of them because I'm a beginner, meaning I'm not very good at my own predictions. Sometimes I need a trading expert or like a channel that gives signals. It's not wrong to use it, everything is good as long as it doesn't harm you. I think I prefer to use my own predictions in certain cases, as well as copy trading.
It’s not actually wrong to listen from professional traders about their own trading signals that bring them profits, but always do your own analysis before you consider copying it. Trading signals can always have a different effect on each trader, probably it can work for others but not for you. That is the reason why we need to learn trading on our own, and learn from other traders as well. Trading can be more successful if we inculcate our own trading analysis, by also not taking for granted those trading signals that we have learned from successful traders.

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October 09, 2023, 09:45:46 PM
 #54

Practicing our own trading method for profit is the best way for us to hone it. rather than relying on the knowledge provided by others, although sharing what we know is not bad.

But if you really want to learn, it's even better that we ourselves have experienced and felt what we do in trading. than joining any signal group to gain knowledge. Most of the signals in groups even become a way for us to learn because the group we joined was wrong because it was a group of scammers.
That is why our success in what we want to achieve depends on the decision we make and choose.


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October 09, 2023, 11:13:33 PM
 #55

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones. What options does one have to view trading ideas/signals from other professional traders?
I like to use the expression, "profitable traders" over "professional traders", though I get your drift there. Sometimes I'm also guilty of this interchange too. Your desire to meet other traders isn't out of place as it buttresses the fact that iron sharpens iron. I belong to a few of such groups on telegram too but it doesn't mean I always take trade calls from them. I use them as reference points to review my analyses and see what aligns and what doesn't. I dare say that some of these groups are really good at their calls.

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October 10, 2023, 03:02:00 AM
 #56

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
It really depends, there are some who just copy trade, but still losses money (I experienced this when on my first copy trade).  While before I do copy trade at the same time while I do my personal trade, I realized that I made more profits while doing my personal trade while my copy trade lost a lot, lol.

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October 10, 2023, 10:43:20 AM
 #57

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

When you depend on trading signals you would still be trading but you won't be doing it right. Trading signals make trading easy until you start losing your trade and still not learning anything from that trade to correct your next trade because you're not the one analyzing the market. Depending on trading signals makes you lazy and unable to analyzed the market yourself. Trading signals won't make you a professional trader with experience. You can depend on trade signals to raise capital but don't use it forever.

Trading on your own is the real deal, you gain experience, learn from your mistakes and improve on your next trade. Trading on your own gives you lesson on each trade that you open so you can learn from them. Trading on your own makes you to understand the market better and you become a professional when you understand the market.

R


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October 10, 2023, 02:30:04 PM
 #58

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


I think that trading on your own and copy trading is okay because we ourselves will do the trading. It is really good because we ourselves will feel and work our minds on how we will approach reading a trading chart.

As for copy trading, maybe just look for a legitimate platform that has copy trading, and based on my experience, that seems okay: Bitget and Fairdesk, which I think are recommendable because so far the service of the platform is okay.



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October 10, 2023, 03:24:35 PM
 #59

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
Talking about crypto trading, of course Copy trading, Al, social is a system or assistance that can be used or not used by those who are involved in crypto trading, doing copy trading and so on, in my opinion, it's all according to their own beliefs.

But if you trade with the knowledge you have and control overtrading well, maybe that's better, if you want to do it yourself, whatever you have about crypto trading is good to use.

For me, whatever we want to do cannot be separated from our own self-belief in starting it, especially in terms of crypto trading, if I consider doing it myself it's better to consider it.

R


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October 10, 2023, 03:44:13 PM
 #60

I think that by trading on my own I am just overtrading...
Over trading  means one is trading based on emotions and not following their strategy and risk management!!!
For lack of a better term this can also be termed to be gambling and best remedy to overcome it is by limiting how much capital (number of trades) you willing to lose on a daily basis.

I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
Am not a fan of these signal groups and would advise you to try learn the art of trading by yourself to avoid paying out money to people that make most of their money from subscriptions than they can actually trade !!!!

What options does one have to view trading ideas/signals from other professional traders?

These services aren't free and the closest to being reliable is copytrading as you choose which trader fits your ROI target's...but still I will advocate trading on your own which is a painful journey but will reward you once you get it right.

R


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October 10, 2023, 05:21:54 PM
 #61

You should have to use the mixture of these things because at start a person have no idea that what to do and what is important for getting profit so he will must follow trading signals. If you don't have knowledge then surely you will be overtrading as you will have hope that sometimes time will heals you but its not true because without knowing the basics you cannot achieve for what you are entered into crypto.

Just follow signals from experts for sometimes and when you learn the facts then leave to follow it because its upto you that what you are doing in order to maximize your profit. You can only trade by yourself if you get the experience otherwise you will just loss your money so don't be a part of overtrading and just spend that amount which you can.









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October 10, 2023, 05:54:22 PM
 #62

You should have to use the mixture of these things because at start a person have no idea that what to do and what is important for getting profit so he will must follow trading signals. If you don't have knowledge then surely you will be overtrading as you will have hope that sometimes time will heals you but its not true because without knowing the basics you cannot achieve for what you are entered into crypto.

Just follow signals from experts for sometimes and when you learn the facts then leave to follow it because its upto you that what you are doing in order to maximize your profit. You can only trade by yourself if you get the experience otherwise you will just loss your money so don't be a part of overtrading and just spend that amount which you can.
When you are a complete newbie then it wont really be that so bad on seeking out with some help or really that going to tend on dealing on following someone with their trades. The only mistake on here is that newbies are really that heavily reliant on the time that they do engage into it and doesnt really mind anymore in speaking about progress and learning because they are really that depending on the source that they do have and this is what it isnt really that recommended on doing so. This is why you should really be that sensible in speaking about taking such step on trading because its not something that is really that recommendable that you should really be making acts or steps on which you had made on your own analysis. Snipping out some ideas into other trades is ideal as long you do know that you could really be able to apply and integrate into your own analysis then it would really be a good add up. Never ever make yourself that easily get fooled or really that get hooked for those people who do have those common lines that these are indeed precise chart analysis on which it is really just that not shocking if those things turns out to be shit afterwards.

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October 10, 2023, 07:40:58 PM
 #63

You should have to use the mixture of these things because at start a person have no idea that what to do and what is important for getting profit so he will must follow trading signals. If you don't have knowledge then surely you will be overtrading as you will have hope that sometimes time will heals you but its not true because without knowing the basics you cannot achieve for what you are entered into crypto.

Just follow signals from experts for sometimes and when you learn the facts then leave to follow it because its upto you that what you are doing in order to maximize your profit. You can only trade by yourself if you get the experience otherwise you will just loss your money so don't be a part of overtrading and just spend that amount which you can.
Following signals from influencers too can be very risky too because the market is basically on predictions and analysis. One thing I have understood about the market is that different influencers have there own market predictions and most time they are different from each other. Some influencers just want to make money money and gain more followers that is why we do have see them doing things that would attract more novice to be following and adhering to there instructions. We need to make sure we learn on our own rather than going from one influencer to another to seek for a 90% winning signals which be difficult and inconsistent.









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Fatunad
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October 10, 2023, 07:59:24 PM
 #64

You should have to use the mixture of these things because at start a person have no idea that what to do and what is important for getting profit so he will must follow trading signals. If you don't have knowledge then surely you will be overtrading as you will have hope that sometimes time will heals you but its not true because without knowing the basics you cannot achieve for what you are entered into crypto.

Just follow signals from experts for sometimes and when you learn the facts then leave to follow it because its upto you that what you are doing in order to maximize your profit. You can only trade by yourself if you get the experience otherwise you will just loss your money so don't be a part of overtrading and just spend that amount which you can.
When you are a complete newbie then it wont really be that so bad on seeking out with some help or really that going to tend on dealing on following someone with their trades. The only mistake on here is that newbies are really that heavily reliant on the time that they do engage into it and doesnt really mind anymore in speaking about progress and learning because they are really that depending on the source that they do have and this is what it isnt really that recommended on doing so. This is why you should really be that sensible in speaking about taking such step on trading because its not something that is really that recommendable that you should really be making acts or steps on which you had made on your own analysis. Snipping out some ideas into other trades is ideal as long you do know that you could really be able to apply and integrate into your own analysis then it would really be a good add up. Never ever make yourself that easily get fooled or really that get hooked for those people who do have those common lines that these are indeed precise chart analysis on which it is really just that not shocking if those things turns out to be shit afterwards.
Stick with your own and never make yourself that relying into other trading analysis because we are all predictors or speculators on this market which same as you said.Therefore, no one would really be able to get the right formula on how to deal up with this volatile market. Lots of streamers out there who do share up with their trading analysis and then later on once they had made out a right position and profitable trade then they would really be boasting that they are really that good and now they are offering those VIP groups which it would really be requiring for you to pay up some vip fee or some sort of like that on which its never been that worth.
You are really just indeed wasting your money and its not something that would really be that good on paying up something on which you can make with your own.


Following signals from influencers too can be very risky too because the market is basically on predictions and analysis. One thing I have understood about the market is that different influencers have there own market predictions and most time they are different from each other. Some influencers just want to make money money and gain more followers that is why we do have see them doing things that would attract more novice to be following and adhering to there instructions. We need to make sure we learn on our own rather than going from one influencer to another to seek for a 90% winning signals which be difficult and inconsistent.
We are all speculators here on this market and there's no way that those people would really be having that kind of precise predictions on how this market moves.
This is why its always that recommendable on having that realist approach or else then you would really be having that kind of action which you would really be that
a fan on trying out to follow them no matter what without realizing that it is really just that still a speculative approach.

R


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BitcoinTurk
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October 10, 2023, 11:04:58 PM
 #65


What options does one have to view trading ideas/signals from other professional traders?


In financial markets each individual is responsible for their own investments and managing their own budget in the most accurate way. In order for a person to earn regular income it is very important that they always improves theirself adapts to changing markets and takes his analysis skills one step further.

Investment recommendations, especially those made by social media influencers are recommendations that no one shouldn't take into consideration without doing one's own analysis because most of the time these people only show their successful trades and don't show the trades in which they were not successful. In addition, it is a fact that should be accepted that since such people make paid promotions any advice they make always carries a high risk.

On the other hand, copying the transactions of professional people is a good way to make money but regardless of the experience of these people it is also very important for the person to support this transaction by making their own analysis for each transaction and to have an idea about this transaction. In other words, carrying out the transactions of a professional trader by performing our own controls will definitely help these transactions to be carried out efficiently in the best possible way.
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October 12, 2023, 09:59:12 AM
Last edit: October 15, 2023, 06:42:08 AM by Silberman
 #66


What options does one have to view trading ideas/signals from other professional traders?


In financial markets each individual is responsible for their own investments and managing their own budget in the most accurate way. In order for a person to earn regular income it is very important that they always improves theirself adapts to changing markets and takes his analysis skills one step further.

Investment recommendations, especially those made by social media influencers are recommendations that no one shouldn't take into consideration without doing one's own analysis because most of the time these people only show their successful trades and don't show the trades in which they were not successful. In addition, it is a fact that should be accepted that since such people make paid promotions any advice they make always carries a high risk.

On the other hand, copying the transactions of professional people is a good way to make money but regardless of the experience of these people it is also very important for the person to support this transaction by making their own analysis for each transaction and to have an idea about this transaction. In other words, carrying out the transactions of a professional trader by performing our own controls will definitely help these transactions to be carried out efficiently in the best possible way.
There is technically a way to make money using the knowledge of other people, but for that you will need to hire a financial manager and to let them have access to a portion of your capital so they can trade and invest in your behalf, however those people are not going to waste their time posting their results in social media and faking their results like influencers do, but very rarely people think about financial managers when they express their desire to follow the ideas or signals of someone else, and instead they think about schemes that are managed by scammers.
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October 12, 2023, 10:20:51 AM
 #67

There is technically a way to make money using the knowledge of other people, but for that you will need to hire a financial manager and to let them have access to a portion of your capital so they can trade and invest in your behalf, however those people are not going to waste their time posting their results in social media and faking their results like influencers do, but very rarely people think about financial managers when they express their desire to to follow the ideas or signals of someone else, and instead they think about schemes that are managed by scammers.

Short to say, there's no easy way, like the old saying goes, if it's too good to be true, it's too good to be true. That especially happens in wealth management and trading.

Warren Buffett and others make money from other people's work not knowledge, this is what people got wrong.

If your financial manager knows more than you, or if you think he does, then he's making money from you, not the other way round Smiley

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Kasabus
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October 12, 2023, 02:12:02 PM
 #68

There is technically a way to make money using the knowledge of other people, but for that you will need to hire a financial manager and to let them have access to a portion of your capital so they can trade and invest in your behalf, however those people are not going to waste their time posting their results in social media and faking their results like influencers do, but very rarely people think about financial managers when they express their desire to to follow the ideas or signals of someone else, and instead they think about schemes that are managed by scammers.

Short to say, there's no easy way, like the old saying goes, if it's too good to be true, it's too good to be true. That especially happens in wealth management and trading.

Warren Buffett and others make money from other people's work not knowledge, this is what people got wrong.

If your financial manager knows more than you, or if you think he does, then he's making money from you, not the other way round Smiley
This is true. You are not actually making profits by hiring a financial manager. In fact, you are the one allowing him to make money from you, and not that you are the one benefiting from him. That is why if you just enter trading and rely the success of your trades from the other trader's work, then you are not actually becoming a successful and profitable one. Instead, you become an instrument for their own success, while leaving yourself at loss.

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October 12, 2023, 03:51:50 PM
 #69

There is technically a way to make money using the knowledge of other people, but for that you will need to hire a financial manager and to let them have access to a portion of your capital so they can trade and invest in your behalf, however those people are not going to waste their time posting their results in social media and faking their results like influencers do, but very rarely people think about financial managers when they express their desire to to follow the ideas or signals of someone else, and instead they think about schemes that are managed by scammers.
I really don't agree if there are people who rely on other people's knowledge to make a profit, especially by hiring a financial manager for things that we can do ourselves, especially in trading that is full of risk, I think it's better for us to do it and we will do it ourselves. responsible for everything that happens, whether profit or loss.

However, in trading we need input from other people or need references from other people, but that doesn't mean we have to follow it without any research or belief from ourselves.
And if you are asked whether trading is better alone or in a group, I think it is better in a group so that we can discuss and share knowledge, not arbitrarily taking action on other people's decisions.

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October 12, 2023, 04:16:35 PM
 #70

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


If you can't believe in yourself how much more do you think the next trader out there whom you are looking to copy or follow his/her trade signal isn't in the same shoes as you?
Op, work on improving yourself and never rely on anyone to trade,  think of those people whom you want to rely on to trade, if they are no longer available, it means you would earn no money right? insane.

It is clear that you are addicted to trading and you should think of a possible way of getting yourself out, which you can achieve by taking a break right now and getting yourself busy with some stuff aside from trading, this was how I got myself out when I was in your shoes trading back days.

R


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October 12, 2023, 09:27:49 PM
 #71

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

As a trader, you already discovered your weak point, the next thing to do is to work on it. Looking for signals is not the best option, it’s better you do the trading yourself and don’t look for copy trading or trading signals. Instead of looking for signals, you can meet with people to improve your trading strategy, make amendments anywhere you know you are having problems, and if you learn to trade yourself, you will never depend on anybody. A signal provider can stop providing signals at any moment. Does that mean you wont be trading again? But when you have the knowledge, you can choose to trade whenever you like, and you can rest whenever you wish.

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goaldigger
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October 12, 2023, 09:29:20 PM
 #72

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Binance already launched their copy trading option and you can have this for now while you are boosting your weakness in trading. It’s good to actually see your mistakes while doing your trade since you can improve it and you should focus on this if you really want to learn more and be more professional in trading. Copy trading can be more safe if you are on a good site, I just don’t suggest this for long term trading because trading on your own is still my ideal type of a trader.

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October 13, 2023, 07:12:41 AM
 #73

If your financial manager knows more than you, or if you think he does, then he's making money from you, not the other way round Smiley
This is true. You are not actually making profits by hiring a financial manager. In fact, you are the one allowing him to make money from you, and not that you are the one benefiting from him. That is why if you just enter trading and rely the success of your trades from the other trader's work, then you are not actually becoming a successful and profitable one. Instead, you become an instrument for their own success, while leaving yourself at loss.

I just wish people stop seeing trading as money making, with "secrets" and shortcuts. I know it's not popular but I also wish people start understanding that majority opinion and the way crypto trading is done more closely resembles gambling, but at a faster pace than traditional gambling. High risk low reward ROI.

Like gambling, if you follow strategies, and believe they make you profit, you're in for a bad time Wink

Nothing replaces real skill, with real knowledge, for real jobs.

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tjtonmoy
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October 13, 2023, 02:19:24 PM
 #74

What are you so obsessed with signals? I have seen your other post about crypto signals and now you were talking about copy trading and using signals. Trading on your own is the best thing that you could do. If you make mistakes, that's okay. We are human after all, we all make mistakes. But that doesn't mean we'll keep on doing it. Those who are professional traders and successful ones have made mistakes in their past two. But they were able to overcome those mistakes and fix them. And that is the reason why they are successful today. But if you want to become like them, you should never follow their present life when they are successful. You need to suffer and understand and gain experience from them.
If you are stuck at some place and couldn't get out and you need help, then you can use signals in order to find your mistakes. But not just any signals, a signal where it is all explained why the market is moving this way. So you can compare it with your own analysis then find your mistake and fix it. That's how a signal should be used, not the other way around.
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October 13, 2023, 04:49:36 PM
 #75

What are you so obsessed with signals? I have seen your other post about crypto signals and now you were talking about copy trading and using signals. Trading on your own is the best thing that you could do. If you make mistakes, that's okay. We are human after all, we all make mistakes. But that doesn't mean we'll keep on doing it. Those who are professional traders and successful ones have made mistakes in their past two. But they were able to overcome those mistakes and fix them. And that is the reason why they are successful today. But if you want to become like them, you should never follow their present life when they are successful. You need to suffer and understand and gain experience from them.
If you are stuck at some place and couldn't get out and you need help, then you can use signals in order to find your mistakes. But not just any signals, a signal where it is all explained why the market is moving this way. So you can compare it with your own analysis then find your mistake and fix it. That's how a signal should be used, not the other way around.

Due to lack of experience many people rely on copy trading or signal trading. Most of them are newbies, who gain experience after learning they prefer trading over their analysis. Trading by yourself is best, but trading is a risky platform, trading without experience and knowledge can be very harmful.Trading is a tough job and should not be taken lightly.Of course, man learns from mistakes, and experience is strong, but that doesn't mean you should waste your capital by making mistakes.

So newbies should start trading with a demo account first, and after gaining some experience can start trading with a small amount, so that there is no chance of losing much in case of mistakes. People who always rely on other people's signals can never learn to trade on their own. If interested and put in hard work, anyone can earn good profits from their analysis after good experience.


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Lanatsa
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October 13, 2023, 05:51:37 PM
 #76

What are you so obsessed with signals? I have seen your other post about crypto signals and now you were talking about copy trading and using signals. Trading on your own is the best thing that you could do. If you make mistakes, that's okay. We are human after all, we all make mistakes. But that doesn't mean we'll keep on doing it. Those who are professional traders and successful ones have made mistakes in their past two. But they were able to overcome those mistakes and fix them. And that is the reason why they are successful today. But if you want to become like them, you should never follow their present life when they are successful. You need to suffer and understand and gain experience from them.
If you are stuck at some place and couldn't get out and you need help, then you can use signals in order to find your mistakes. But not just any signals, a signal where it is all explained why the market is moving this way. So you can compare it with your own analysis then find your mistake and fix it. That's how a signal should be used, not the other way around.

Due to lack of experience many people rely on copy trading or signal trading. Most of them are newbies, who gain experience after learning they prefer trading over their analysis. Trading by yourself is best, but trading is a risky platform, trading without experience and knowledge can be very harmful.Trading is a tough job and should not be taken lightly.Of course, man learns from mistakes, and experience is strong, but that doesn't mean you should waste your capital by making mistakes.

So newbies should start trading with a demo account first, and after gaining some experience can start trading with a small amount, so that there is no chance of losing much in case of mistakes. People who always rely on other people's signals can never learn to trade on their own. If interested and put in hard work, anyone can earn good profits from their analysis after good experience.
You would really be going for the most easiest and most comfortable way or path specially if you are really just that starting with trading and this is something that the main thing that you would really be having in mind. You would really be doing this stuff but later on you would really be able to realize that its never been that beneficial for you on long term because you wont really be learning any skills. Yes, you might really be able to get some profits if those people you had followed but we know that its not really that something that could last forever or would really be coming into a point that you might really be that experiencing losing trades and this is where realization would kick in and you would really be having thoughts that you should really be learning on  your own.

If you are really that just that satisfied with those social trading or copy trading then its your choice but sooner or later you would really be able to see that its not really
something that progressive which we know that it would really be just that right that its better to learn on your own so that it would really be makingyourself that
be that independent on the time that those people you do follow would stop on having those kind of following.

R


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October 13, 2023, 06:35:27 PM
 #77

What are you so obsessed with signals? I have seen your other post about crypto signals and now you were talking about copy trading and using signals. Trading on your own is the best thing that you could do. If you make mistakes, that's okay. We are human after all, we all make mistakes. But that doesn't mean we'll keep on doing it. Those who are professional traders and successful ones have made mistakes in their past two. But they were able to overcome those mistakes and fix them. And that is the reason why they are successful today. But if you want to become like them, you should never follow their present life when they are successful. You need to suffer and understand and gain experience from them.
If you are stuck at some place and couldn't get out and you need help, then you can use signals in order to find your mistakes. But not just any signals, a signal where it is all explained why the market is moving this way. So you can compare it with your own analysis then find your mistake and fix it. That's how a signal should be used, not the other way around.

Due to lack of experience many people rely on copy trading or signal trading. Most of them are newbies, who gain experience after learning they prefer trading over their analysis. Trading by yourself is best, but trading is a risky platform, trading without experience and knowledge can be very harmful.Trading is a tough job and should not be taken lightly.Of course, man learns from mistakes, and experience is strong, but that doesn't mean you should waste your capital by making mistakes.

So newbies should start trading with a demo account first, and after gaining some experience can start trading with a small amount, so that there is no chance of losing much in case of mistakes. People who always rely on other people's signals can never learn to trade on their own. If interested and put in hard work, anyone can earn good profits from their analysis after good experience.

Copy trading is not safe for newbie, as those who so-called experts always have their strategy and if things won't favor them, they will use alternative options while those who copy don't have that kind of alternative, they will lose as fear will dominate and without knowledge they will allow it to happen.

Unlike with good knowledge about trading, you know the basic and you know the cycle, you can either wait and hold or sell and re-try your entry point to recover, all is about your understanding and knowledge about the system and how it works to find a favorable position.

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October 13, 2023, 07:48:01 PM
 #78

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
Trading on your own is the best but you can try signals and see how they only care about their pockets. That would be when you will realized that there is nothing better than to have the knowledge and experience about how to trade on your own. But it is important for you not to use more than the amount of money that you can not afford to lose to trade.

That's right, to reduce the possibility of dependence on other traders or trading bots, trading with your own mind is the wisest thing, it doesn't take long to be able to do that, it takes a lot of struggle and experimentation, but rest assured that when you are able to trade independently, the benefits will be great. you will get extraordinary results, your instincts on trading will wake up and you will be able to solve the problems you face easily and without taking a long time.



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October 14, 2023, 12:05:49 PM
 #79

People who always rely on other people's signals can never learn to trade on their own. If interested and put in hard work, anyone can earn good profits from their analysis after good experience.
I do agree that people using signals can never be as good as people who are doing their trading on their own. Trial and error is the best way to learn about something and that experience will stay with you for longer period of time. But I am somewhat against using demo account. If you waste a little bit of your asset for learning then I don't think that is a waste. People have been studying for years and years and paying their money for the education. Learning trading is something similar to that. You were gaining knowledge but you want the real experience not something that comes from a demo account. Demo accounts give you demo experience and real money gives you real experience.
If you want to choose the best then there's nothing except for using real money to gain that experience. Emotion control, precise market analysis, learning to lose, these all experience comes from using real money. Demo account will never be able to do that. Use little amount for your learning. Even if the amount is small the experience stays the same. So I don't think using real money is a waste and using demo account is a good idea. Do your own research.
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October 14, 2023, 12:41:45 PM
 #80

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Trading on your own is the best option, because you will gain more knowledge on it anytime you trade you will getting more experienced,  That is why before you start trading, you should understand the market and gain knowledge on it If you are giving someone to trade for you, that means you didn't learn about it and if you are afraid of losing money, the person you give to trade for you can lose at any time because you cannot profit at any time, That is why they say if you want to start trading use money you can afford to lose, even professionals lose money from time to time. It is better to gain experience and knowledge on your own rather than using a trading bot or other trading tool Any investment or trading is all about risk and if you can't take the risk, you won't get the reward, Trading can bring in a lot of money but you must work hard to get the ideas and knowledge before you can get the reward.

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October 14, 2023, 01:11:20 PM
 #81

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Trading on your own is good but if you feel you need more guidance and looking at different strategies you could hone to achieve this then you can try this copy trading platform reviewed by Coin Bureau
https://www.coinbureau.com/review/bitget-copy-trading-review/

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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October 14, 2023, 03:28:49 PM
 #82

There is technically a way to make money using the knowledge of other people, but for that you will need to hire a financial manager and to let them have access to a portion of your capital so they can trade and invest in your behalf, however those people are not going to waste their time posting their results in social media and faking their results like influencers do, but very rarely people think about financial managers when they express their desire to to follow the ideas or signals of someone else, and instead they think about schemes that are managed by scammers.
Short to say, there's no easy way, like the old saying goes, if it's too good to be true, it's too good to be true. That especially happens in wealth management and trading.

Warren Buffett and others make money from other people's work not knowledge, this is what people got wrong.

If your financial manager knows more than you, or if you think he does, then he's making money from you, not the other way round Smiley
This is true. You are not actually making profits by hiring a financial manager. In fact, you are the one allowing him to make money from you, and not that you are the one benefiting from him. That is why if you just enter trading and rely the success of your trades from the other trader's work, then you are not actually becoming a successful and profitable one. Instead, you become an instrument for their own success, while leaving yourself at loss.
This is true, you shouldn't trust someone else's smart if it's your money that is on the line and not theirs. Why would they feel any fear, they are using your money, so they could do whatever they want with it, if they are right they will make a profit and if the yare wrong they will lose money. That's as simple as it gets, and they do not have any incentive not to lose any money, not like if they lose money they have to pay it out of pocket, they are not putting anything on the table.

This is why you should always make your own trades, that would mean that if you lose money then you are losing your own money and you would rather not lose it so you would have an incentive to not do that. This makes you a lot better with your money than them.

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October 14, 2023, 04:06:26 PM
 #83

The preference will be different from person to person. If you are good enough to do your own trading then you can earn by letting others copy your trading. But you are not good and don't have time to do that copy trading is for you. This can be highly risky, but if you can trust your trader, you are good to go. Although trading with your knowledge can help you improve it, if the only thing that matters for you is profit, stick with copy trading.

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October 14, 2023, 05:47:32 PM
 #84

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


To be quite honest, I feel curious to try copy trading. especially because I saw there was copy trading on Binance before I realized it would be beneficial to investigate this extra source of revenue.

Just make sure the copy we are using has a strong setup. Check to verify if there are actually earnings coming in first. In addition, I noticed that copy trading may be used with our regular exchange deals.



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October 14, 2023, 05:59:52 PM
 #85

Trading your own is much challenging and the most satisfying in the long run. Because once you reached the point where you are making profits most of the time in trading, like big profits, you'll look back and will say that you've grown as a trader and as a person. Trading is a very risky career but it is very rewarding as well as long as you're going to be consistent and dedicated about it.
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October 14, 2023, 07:48:47 PM
 #86

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

bro that depend on you to do your trading or to follow other social media trader if you are new and want to start trading then I think your first priority is how the market act in different situations and start with the small investment because if you start with the huge amount if your trade is successful then you say it's so easy and want to do it again and again, But if you lose is on first trane then you say OMG what is this happened with me that's why I am saying that before start trading we need to learn about trading and I suggest you to must try a demo account first.
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October 15, 2023, 06:47:46 AM
 #87

Trading your own is much challenging and the most satisfying in the long run. Because once you reached the point where you are making profits most of the time in trading, like big profits, you'll look back and will say that you've grown as a trader and as a person. Trading is a very risky career but it is very rewarding as well as long as you're going to be consistent and dedicated about it.
It is true that this is the best way to go about it, however not many traders can reach that success, in fact due to the very nature of trading those traders have to be a minority, as all traders are competing against each other while they have to pay all kinds of fees and taxes, as such it makes sense we have so many people looking for alternatives because they know they cannot reach that success, however if trading on your own is hard, finding someone else to do it for you and avoid being scammed is even harder.
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October 15, 2023, 07:53:24 AM
 #88

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
You can definitely take help or signals from someone with higher knowledge than you for trading. But better and more important thing is to have your own experience to trade. Otherwise you will not be able to survive in the trade for long. If you are a newbie then you should take signals from others and at the same time try to learn yourself.
What options does one have to view trading ideas/signals from other professional traders?

There are many ways to get a signal. Telegram bot is one of them. You can also receive signal from there if you want.

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October 15, 2023, 08:10:27 AM
 #89

This is why you should always make your own trades, that would mean that if you lose money then you are losing your own money and you would rather not lose it so you would have an incentive to not do that. This makes you a lot better with your money than them.

Well, my point was more like trading itself is a high risk gamble, for majority of people because of their behavior that reflects risk taking with TA just "confirming" their gamble. So avoid trading as a way to make money. All stats show high majority lose money, so social and copy trading doesn't reduce that stat. Makes it even worse.

The real help is to make people aware of this.

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October 15, 2023, 09:20:03 AM
 #90

What are you so obsessed with signals? I have seen your other post about crypto signals and now you were talking about copy trading and using signals. Trading on your own is the best thing that you could do. If you make mistakes, that's okay. We are human after all, we all make mistakes. But that doesn't mean we'll keep on doing it. Those who are professional traders and successful ones have made mistakes in their past two. But they were able to overcome those mistakes and fix them. And that is the reason why they are successful today. But if you want to become like them, you should never follow their present life when they are successful. You need to suffer and understand and gain experience from them.
If you are stuck at some place and couldn't get out and you need help, then you can use signals in order to find your mistakes. But not just any signals, a signal where it is all explained why the market is moving this way. So you can compare it with your own analysis then find your mistake and fix it. That's how a signal should be used, not the other way around.

Due to lack of experience many people rely on copy trading or signal trading. Most of them are newbies, who gain experience after learning they prefer trading over their analysis. Trading by yourself is best, but trading is a risky platform, trading without experience and knowledge can be very harmful.Trading is a tough job and should not be taken lightly.Of course, man learns from mistakes, and experience is strong, but that doesn't mean you should waste your capital by making mistakes.

So newbies should start trading with a demo account first, and after gaining some experience can start trading with a small amount, so that there is no chance of losing much in case of mistakes. People who always rely on other people's signals can never learn to trade on their own. If interested and put in hard work, anyone can earn good profits from their analysis after good experience.
You would really be going for the most easiest and most comfortable way or path specially if you are really just that starting with trading and this is something that the main thing that you would really be having in mind. You would really be doing this stuff but later on you would really be able to realize that its never been that beneficial for you on long term because you wont really be learning any skills. Yes, you might really be able to get some profits if those people you had followed but we know that its not really that something that could last forever or would really be coming into a point that you might really be that experiencing losing trades and this is where realization would kick in and you would really be having thoughts that you should really be learning on  your own.

If you are really that just that satisfied with those social trading or copy trading then its your choice but sooner or later you would really be able to see that its not really
something that progressive which we know that it would really be just that right that its better to learn on your own so that it would really be makingyourself that
be that independent on the time that those people you do follow would stop on having those kind of following.

My point is not at all that no one should try to learn by themselves, but copy trading is a good option for people who are new, because if new people start trading without learning, they are sure to lose. So along with learning they will also be able to earn good profits through copy trading. I never advocate social trading or copy trading for long term, but I am also not in favor of completely ignoring social trading and copy trading.

If newbies or those who are too busy or lack experience, if there is a good option to earn profit from the crypto currency market or different exchanges or anywhere, they should definitely take advantage of it. We trade in the market so that we can make a profit, whether it is from self-learning or from someone else's methods.


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October 15, 2023, 10:42:37 AM
 #91

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Perhaps, you'll be in your decision which you think was easy for you and you think the way it helps for you to earn profit.
Because for me, I've been in trading on my own and I feel I can breathe easily knowing that all of my decisions are in my mind. We can seek assistance from others but we should not think that we can rely on them for a long time.

And talking about copy trading - seems to be a good way when starting to trade but can't just keep it for long as this won't bring success. Better work on your own and apply all the learning that you have.



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October 15, 2023, 01:38:06 PM
 #92

My point is not at all that no one should try to learn by themselves, but copy trading is a good option for people who are new, because if new people start trading without learning, they are sure to lose. So along with learning they will also be able to earn good profits through copy trading. I never advocate social trading or copy trading for long term, but I am also not in favor of completely ignoring social trading and copy trading.

If newbies or those who are too busy or lack experience, if there is a good option to earn profit from the crypto currency market or different exchanges or anywhere, they should definitely take advantage of it. We trade in the market so that we can make a profit, whether it is from self-learning or from someone else's methods.

I just only have one question for you. How can you learn anything from copy trading. Answer me this and then we can discuss it. I get the idea of using paid signals that shows details on why the market is moving like that. Without proper explanation any signal that is available is trash. You can only learn from those signals that provide explanation.
On the other hand, in copy trading you are just following what others are doing. Also, you can't have the entire details about how much money they are putting in and what is the leverage they are using. So if you follow them and put not enough asset as they are putting in one trade, you will face problems. And the thing about learning while earning profits from trading. Those who provides copy trading they also lose. It is not like that you will win in every trade.

As I said, how do you think that people can learn from copy trading. I want to hear your side of the story and then I will explain mine.
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October 15, 2023, 01:54:24 PM
 #93

It is true that this is the best way to go about it, however not many traders can reach that success, in fact due to the very nature of trading those traders have to be a minority, as all traders are competing against each other while they have to pay all kinds of fees and taxes, as such it makes sense we have so many people looking for alternatives because they know they cannot reach that success, however if trading on your own is hard, finding someone else to do it for you and avoid being scammed is even harder.
There is no point in relying on anyone in trading, you will be risking your money and the responsibility for any actions will be yours alone. Trading is a job and when we work at any other job, we rely only on ourselves, since we will receive a salary for our work. The same attitude should be regarding trading, but you need to understand that there is a much greater risk of losing money and therefore you need to be more careful, and trust the advice of someone, means to increase your risks.
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October 15, 2023, 03:04:58 PM
 #94

Trading on your own is the best option, because you will gain more knowledge on it anytime you trade you will getting more experienced,  That is why before you start trading, you should understand the market and gain knowledge on it If you are giving someone to trade for you, that means you didn't learn about it and if you are afraid of losing money, the person you give to trade for you can lose at any time because you cannot profit at any time, That is why they say if you want to start trading use money you can afford to lose, even professionals lose money from time to time. It is better to gain experience and knowledge on your own rather than using a trading bot or other trading tool Any investment or trading is all about risk and if you can't take the risk, you won't get the reward, Trading can bring in a lot of money but you must work hard to get the ideas and knowledge before you can get the reward.
That is the hardest but the best path anyone could take. Learning how to trade yourself is not easy, it will take time and you are going to end up with something that will be very tough to handle on the long run but that is also the best and most profitable way to trade as well.

When you finally learn how to trade all by yourself then you are going to end up with something that benefits you for a good time and should be doing something that could get you a greater return, it is not going to be easy and there will be some time when you are going to end up with some trouble but that shouldn't make you stop.

If people stopped doing things just because they faced some pushback or failure at early stages, nobody would achieve anything. There will be times when you are not going to get any good returns and should not be expecting anything major that easily, should be doing things that are a lot better and give you greater returns by working hard and learning from your failures.
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October 16, 2023, 10:05:48 AM
 #95

It is true that this is the best way to go about it, however not many traders can reach that success, in fact due to the very nature of trading those traders have to be a minority, as all traders are competing against each other while they have to pay all kinds of fees and taxes, as such it makes sense we have so many people looking for alternatives because they know they cannot reach that success, however if trading on your own is hard, finding someone else to do it for you and avoid being scammed is even harder.
There is no point in relying on anyone in trading, you will be risking your money and the responsibility for any actions will be yours alone. Trading is a job and when we work at any other job, we rely only on ourselves, since we will receive a salary for our work. The same attitude should be regarding trading, but you need to understand that there is a much greater risk of losing money and therefore you need to be more careful, and trust the advice of someone, means to increase your risks.

We need to have that mentality, trusting someone using your hard earned money is something that added risk with your trading, better to trust your own understanding and judgements, as you should take time before sending your money inside trading, there are many factors to recognize as part of your way to avoid losing your money.

One big factor is the knowledge that you have before starting your journey. Without a knowledge, chances to lose are far high unless luck backs you up, but that's another side of your journey.

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October 16, 2023, 03:40:42 PM
 #96

It is true that this is the best way to go about it, however not many traders can reach that success, in fact due to the very nature of trading those traders have to be a minority, as all traders are competing against each other while they have to pay all kinds of fees and taxes, as such it makes sense we have so many people looking for alternatives because they know they cannot reach that success, however if trading on your own is hard, finding someone else to do it for you and avoid being scammed is even harder.
There is no point in relying on anyone in trading, you will be risking your money and the responsibility for any actions will be yours alone. Trading is a job and when we work at any other job, we rely only on ourselves, since we will receive a salary for our work. The same attitude should be regarding trading, but you need to understand that there is a much greater risk of losing money and therefore you need to be more careful, and trust the advice of someone, means to increase your risks.
I don't think so, in fact in trading we need other people to ask for advice or input, but that doesn't mean we have to follow it, because there are definitely some things we don't know about, so by discussing we will absorb other knowledge to be able to decide what steps we should take. take in trade.
It is true that we should not follow other people's advice in the trading we do because whatever happens we will bear it ourselves, but that does not mean that because of this we will close ourselves off from input for knowledge or better things that we will get.
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October 16, 2023, 03:47:52 PM
 #97

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.


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October 16, 2023, 04:26:39 PM
 #98

It is true that this is the best way to go about it, however not many traders can reach that success, in fact due to the very nature of trading those traders have to be a minority, as all traders are competing against each other while they have to pay all kinds of fees and taxes, as such it makes sense we have so many people looking for alternatives because they know they cannot reach that success, however if trading on your own is hard, finding someone else to do it for you and avoid being scammed is even harder.
There is no point in relying on anyone in trading, you will be risking your money and the responsibility for any actions will be yours alone. Trading is a job and when we work at any other job, we rely only on ourselves, since we will receive a salary for our work. The same attitude should be regarding trading, but you need to understand that there is a much greater risk of losing money and therefore you need to be more careful, and trust the advice of someone, means to increase your risks.

We need to have that mentality, trusting someone using your hard earned money is something that added risk with your trading, better to trust your own understanding and judgements, as you should take time before sending your money inside trading, there are many factors to recognize as part of your way to avoid losing your money.

One big factor is the knowledge that you have before starting your journey. Without a knowledge, chances to lose are far high unless luck backs you up, but that's another side of your journey.
For me, of course it is illogical to let others use the money we get with difficulty then others use it to trade by sharing profits if you get a profit, and loss in the shared bear, the risk is the same as you who do it, for me personally It is better for me to do the trade because the risk is the same weight. Secondly I can get more profit, even though not in money, but I will definitely get a decent experience from my trading activities, whether to win or lose at each session.

Someone must realize this, the question is even if it is successful, until when you have to stand up by the hands of others, even though you can actually train yourself to become a great trader.
Even if you lose because you do it yourself, at least there is an experience that must be paid first to increase your abilities and knowledge in trading.

I don't think so, in fact in trading we need other people to ask for advice or input, but that doesn't mean we have to follow it, because there are definitely some things we don't know about, so by discussing we will absorb other knowledge to be able to decide what steps we should take. take in trade.
It is true that we should not follow other people's advice in the trading we do because whatever happens we will bear it ourselves, but that does not mean that because of this we will close ourselves off from input for knowledge or better things that we will get.
The reason you are quite logical, sometimes we need another perspective of the brain and different experiences from others, especially when the analysis that is made yourself does not make you confident in making decisions at certain times, it is important to make knowledge of knowledge to find out how Kiata should behave in certain circumstances in the market.

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October 16, 2023, 05:31:00 PM
 #99

I think most people here would suggest that trading on your own is the best option over all other options. I would suggest it myself but there is a lot to learn, from fundamental analysis to technical analysis. Chances of success are available only after a lot of experience in this, although I think you will get advantage in long term trading than short term trading, because in short term trading you need to know more about technical analysis and daily updates about new news etc.If you want, you can see the details in this topic(Trade vs. HODL - avoid traps) about technical analysis in long time holding and short time trading.
So my suggestion is that you can do copy trading or social trading if you want, but besides following them, analyze them with the trading knowledge you have inside yourself and then invest.

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October 16, 2023, 06:34:43 PM
 #100

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


It is just good for a time but if we think about it for the long term looking to others and asking and seeking knowledge from others it can't make us professional traders. The traders we call today professional there was a day who was also like us in the beginning but they started to work hard and just put themselves in some risky trades they took some risks and some points and as a result, they become professional today. There are a lot of channels on YouTube that are going to give signals but look between them as they are verified or not if verified just learn from them and get help.

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October 16, 2023, 09:48:58 PM
 #101

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.
Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.

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October 17, 2023, 12:10:56 AM
 #102

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.
Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.
copy trading exists for the sake of convenience, some people can't be bothered to learn all those technical analysis and many more so they decided to use copy trading.
the thing that should be concerned more is whether there is exploit that can be taken advantage by some of the trader that provides copy trading that could cause long term lose and how effective it is actually to use copy trading to make some profit.
that I think should be more of concern, when it comes to trading, I would always took the most effective way, but i'm still doubtful with how these copy trading gonna turning out to be since i've never heard success stories that did follow copy trading.

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October 17, 2023, 05:59:32 AM
 #103

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.
You can't improve with copy trading if all you do is copy someone's trades and nothing else. Sure, you are allowed to do that as well if you really want to but that is not the point of it and you shouldn't do just that, there are more that you can do with it and that matters. I believe that the best thing you could do regarding copy trading would be learning from them, and making those type of trades yourself in the future. If you could learn how to make them yourself then you are going to be fine.

I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
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October 17, 2023, 12:36:52 PM
 #104


I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
I see why many people subscribe to copy trading and these are the possible reasons
 - lack of knowledge
 - lack of time to analyze the market condition

The use of copy trading is not wrong but what went wrong is when fully relying on it like we don't see any way to trade our own.
Indeed, if we want to grow and improve our knowledge in trading, we have to work on it on our own, not by relying on someone. Yes, we can do a lot of good things when doing alone as we can do whatever we want to do.


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October 17, 2023, 12:38:15 PM
 #105

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Depends on you are you willing to make a trade on your own and you have time or do you want to let others decide with your money?, newbies do not want to make a trade yet because they are afraid of the market, so they keep doing to those groups giving free signals so they do not need to take too much time but the assurance right there is less because not as always listening to other people is the best way, and for the long term its their loss because they didn't learn from those experience they made in trading. Sooner or later on their own trade they can now make their own decision, seek for their own which coin is ideal to trade.

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CODE200
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October 17, 2023, 01:53:53 PM
 #106

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Signals are actually great for beginners, but it is still needed to be back up by your own strategies and analysis. So basically, the best thing that you can do is to invest in doing research and educating yourself. I think it is also a great idea to seek help from experts and experienced traders who are giving free education about trading. For they are the best people that you can asks for advice from since they are the capable ones. And besides, no one who just started is good right away. Certainly, it will take time and will require a lot of effort. The best thing that you can do is have the knowledge and make experiences out of it. Because at the end of the day, you will still decide for yourself, and other people will not decide for you.



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Rainbot
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October 17, 2023, 03:41:08 PM
 #107

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Signals are actually great for beginners, but it is still needed to be back up by your own strategies and analysis. So basically, the best thing that you can do is to invest in doing research and educating yourself. I think it is also a great idea to seek help from experts and experienced traders who are giving free education about trading. For they are the best people that you can asks for advice from since they are the capable ones. And besides, no one who just started is good right away. Certainly, it will take time and will require a lot of effort. The best thing that you can do is have the knowledge and make experiences out of it. Because at the end of the day, you will still decide for yourself, and other people will not decide for you.

That's right, some signals from groups or maybe from other references are good enough to help beginners, but I don't think it's entirely good. Logically they are beginners who don't know everything in the world of trading so maybe when they get fake or fake signals that can make them always experience losses then maybe in my opinion they will find it difficult to find the mistake because they don't know the full safety of good and bad signals. So it's true as you say, it's better for them beginners to learn on their own to develop their knowledge and knowledge, and even if they want to follow signals from others then they must really be able to consider and judge them, but logically they are beginners who don't know how to distinguish right? of course this is very difficult for them to judge.

Therefore in my opinion for those beginners it is better to start everything yourself, I understand the process of learning trading is quite difficult but none other than that it is also for your own benefit in the future and also clearly so that you can get progress over time. If you do it yourself by learning from several sources then you will know the steps that should be done and those that should not be done, such as learning from those who are expert enough to help you. Everyone has their own way of learning, whether it's fast or slow it depends on their personality in learning, but believe me there is no process that betrays results. I see most people who are successful in the world of trading also initially they learn themselves with hard struggle, the point is everyone has their own way in the world of trading, therefore sometimes it is very difficult if we have to follow the way others do, even though it is effective for them but not necessarily for you.

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October 17, 2023, 04:14:55 PM
 #108

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Signals are actually great for beginners, but it is still needed to be back up by your own strategies and analysis. So basically, the best thing that you can do is to invest in doing research and educating yourself. I think it is also a great idea to seek help from experts and experienced traders who are giving free education about trading. For they are the best people that you can asks for advice from since they are the capable ones. And besides, no one who just started is good right away. Certainly, it will take time and will require a lot of effort. The best thing that you can do is have the knowledge and make experiences out of it. Because at the end of the day, you will still decide for yourself, and other people will not decide for you.

Yup, but it's always a need for you to back up your decision for following those signals, without any knowledge about it and just blindly follow those signals chances of losing your money is very high.Like what you said, it's better to invest with your knowledge, use your time wisely and continue to seek for those experts who are sharing ideas to be guided when creating your own strategy.

The best way to learn is to be keen on learning more combinations of strategy, then try to absorb factors that you need to understand. It will surely give you that knowledge to anticipate and to position yourself in the right direction of possible market movements.

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October 17, 2023, 09:39:15 PM
 #109

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.
Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.
copy trading exists for the sake of convenience, some people can't be bothered to learn all those technical analysis and many more so they decided to use copy trading.
the thing that should be concerned more is whether there is exploit that can be taken advantage by some of the trader that provides copy trading that could cause long term lose and how effective it is actually to use copy trading to make some profit.
that I think should be more of concern, when it comes to trading, I would always took the most effective way, but i'm still doubtful with how these copy trading gonna turning out to be since i've never heard success stories that did follow copy trading.
Yes, every exchange platform does have that kind of feature on which they do really have that copy trade. It is really that impossible for those stats or profitability percentage to be faked out and this is why
i do see this thing to be more better than into those people who do follow up someone on the net randomly without having those portfolio stats or percentages on which it would be showing on how good they do trade on.
Im aint saying that people should really be following up or something that recommended but rather it would really be that just normal that people would be having approach on dealing up with things which is more simpler and convenient on which it cant really be denied that copy trading does really give out that situation where it doesnt really need up that kind of critical thinking and analysis on things.

In overall, it doesnt really need up for you to be that reliant with something like this because nothing beats out on having that your own skills and trading knowledge comparing into those people who
are really just that relying on someone and doesnt mind whether they would really be losing with not their own ways or choices which i would say that it doesnt really
give out that kind of good feeling if ever that ones happen into me.

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October 17, 2023, 10:23:08 PM
 #110

Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.
What I don't like on this strategy is that, many influencers have been telling that this strategy can be done by everyone and that's not wrong. But they're hyping this strategy as if everyone will profit. They are not explaining well that it still varies from the market and the result of the trader they copy.

You can't improve with copy trading if all you do is copy someone's trades and nothing else. Sure, you are allowed to do that as well if you really want to but that is not the point of it and you shouldn't do just that, there are more that you can do with it and that matters. I believe that the best thing you could do regarding copy trading would be learning from them, and making those type of trades yourself in the future. If you could learn how to make them yourself then you are going to be fine.

I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
Yes, that's the greatest consolation that you get there is by learning and getting how they work on their strategies. Maybe soon, who knows if you're the type of trader that will be copied then by the newbies just as how you started.


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October 17, 2023, 11:58:25 PM
 #111

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Signals are actually great for beginners, but it is still needed to be back up by your own strategies and analysis. So basically, the best thing that you can do is to invest in doing research and educating yourself. I think it is also a great idea to seek help from experts and experienced traders who are giving free education about trading. For they are the best people that you can asks for advice from since they are the capable ones. And besides, no one who just started is good right away. Certainly, it will take time and will require a lot of effort. The best thing that you can do is have the knowledge and make experiences out of it. Because at the end of the day, you will still decide for yourself, and other people will not decide for you.
those signals are great but there's reason why those signal providers usually didn't last long, i'd assume that they got some ulterior motive and done once that reached.
one way to earn for beginner through trading is indeed copy trading considering we are just following the path of professional trader that already have extensive knowledge.
but there's always disadvantage to every choices, even copy trading also have some disadvantage that is smaller profit compared to the trades made by the pro trader themselves.
and maybe there are some way for the pro trader to take advantage of the situation and use up our capital as liquidity.

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October 18, 2023, 08:28:11 PM
 #112

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
Signals are actually great for beginners, but it is still needed to be back up by your own strategies and analysis. So basically, the best thing that you can do is to invest in doing research and educating yourself. I think it is also a great idea to seek help from experts and experienced traders who are giving free education about trading. For they are the best people that you can asks for advice from since they are the capable ones. And besides, no one who just started is good right away. Certainly, it will take time and will require a lot of effort. The best thing that you can do is have the knowledge and make experiences out of it. Because at the end of the day, you will still decide for yourself, and other people will not decide for you.
I believe that if we are not careful with what we are doing then the result will not be all that interesting, we should be focusing on something that's a bit more different in the end. I get that people may not like the situation we are in right now, but we just need to find a balance between them without a doubt. I know that life is not all that easy and we could end up with a troubled future if we are not sure about what we are doing but that's how it's going to look.

So, figuring out what we can do all by yourself is the only way to go and shouldn't really move any further than that, it can't really change anything at all. I know that it's going to be quite troublesome one way or another, and yet it is not going to be all that major at all.

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October 18, 2023, 09:22:42 PM
 #113

Trading on your own will teach you a lot. The same goes with social and copy trading but you know that these won't do much to you to improve.
You'll get some ideas from them but you are on your own on this market. A lot can be learned from others but those strategies are like relying to other traders.
I think that even copy trading has been there for a long time, it's gonna be like a hype and trending strategy especially for the new ones.
Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.

In my view, it is still necessary to be careful when choosing to copy-trade. Because others who try it just think that you just chose it and it's okay, and that's it immediately. I noticed that the majority of people who do this are those who don't really have time and are too lazy to do fundamental or technical analysis.

I haven't really tried him, but I would like to try. And the size of the profit here depends on how much you enter, which is also the only amount I know about this matter.


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October 19, 2023, 03:00:31 AM
 #114

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Immerse yourself in online trading communities and forums, where skilled traders frequently exchange insights and trading signals. Collaborating with other like-minded individuals can bring new insights and ideas. Furthermore, subscribing to credible financial news channels, following expert analysis on social media, or investigating complex algorithmic trading tools such as quant models or trading bots may provide a variety of data-driven signals for analyzing and cherry-picking the most attractive prospects.
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October 19, 2023, 07:01:09 AM
 #115

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Immerse yourself in online trading communities and forums, where skilled traders frequently exchange insights and trading signals. Collaborating with other like-minded individuals can bring new insights and ideas. Furthermore, subscribing to credible financial news channels, following expert analysis on social media, or investigating complex algorithmic trading tools such as quant models or trading bots may provide a variety of data-driven signals for analyzing and cherry-picking the most attractive prospects.
Or to put it in other words, anyone that is interested in becoming a trader needs to study as hard as they can in order to improve, there is no other method that is going to work as  the competition among traders is too intense, and any edge you can get over your competition can mean a great deal of money over the long term, it is because of this that even legendary traders keep improving as they know that if they do not do it their competition will and their profits will be reduced accordingly.
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October 19, 2023, 09:35:48 PM
 #116

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Immerse yourself in online trading communities and forums, where skilled traders frequently exchange insights and trading signals. Collaborating with other like-minded individuals can bring new insights and ideas. Furthermore, subscribing to credible financial news channels, following expert analysis on social media, or investigating complex algorithmic trading tools such as quant models or trading bots may provide a variety of data-driven signals for analyzing and cherry-picking the most attractive prospects.
Or to put it in other words, anyone that is interested in becoming a trader needs to study as hard as they can in order to improve, there is no other method that is going to work as  the competition among traders is too intense, and any edge you can get over your competition can mean a great deal of money over the long term, it is because of this that even legendary traders keep improving as they know that if they do not do it their competition will and their profits will be reduced accordingly.
You wont really be able to sustain yourself into this market if you are really just that making yourself that being passive or wont really be that minding much about progressing yourself or becoming better on which means that you should really be doing yourself at best so that you could really go along on what the market would really be able to face on. Adjustments and back up plans would really be that necessary because if you dont really make out such step then you would really be having a hard time on surviving this market knowing that prices are unpredictable or something that do talks about completely random. We do know that it isnt something that could be handled out so easily.

Trading on your own is much more better rather than on being too reliant into other traders or simply been following. Time will come that you would really be needing to stand for yourself or would really be trading on your own which it is really just that right that you should really be that prepared on that on the time comes. Its not really that bad to get some ideas with other
traders analysis as long it would really be something that relevant and beneficial on your part then it would really be a considerable act or thing that
you would really be needing to do.

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October 20, 2023, 05:05:34 PM
 #117

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Immerse yourself in online trading communities and forums, where skilled traders frequently exchange insights and trading signals. Collaborating with other like-minded individuals can bring new insights and ideas. Furthermore, subscribing to credible financial news channels, following expert analysis on social media, or investigating complex algorithmic trading tools such as quant models or trading bots may provide a variety of data-driven signals for analyzing and cherry-picking the most attractive prospects.
Or to put it in other words, anyone that is interested in becoming a trader needs to study as hard as they can in order to improve, there is no other method that is going to work as  the competition among traders is too intense, and any edge you can get over your competition can mean a great deal of money over the long term, it is because of this that even legendary traders keep improving as they know that if they do not do it their competition will and their profits will be reduced accordingly.

Yeah right, there's always a big competition among others, the concept of trading is like this, the win of someone is the loss of another one, never ending learning process to make sure that you can compete against those other traders who also have that same goals like yours, they are also doing their best to understand how the market works and what will be the next possible market run.

They are also keen in succeeding and they are always updated to what they get to anticipate the possible market directions.

From that knowledge, they will be able to place their position and make a decent amount of profits.

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Hamphser
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October 20, 2023, 08:32:54 PM
 #118

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Immerse yourself in online trading communities and forums, where skilled traders frequently exchange insights and trading signals. Collaborating with other like-minded individuals can bring new insights and ideas. Furthermore, subscribing to credible financial news channels, following expert analysis on social media, or investigating complex algorithmic trading tools such as quant models or trading bots may provide a variety of data-driven signals for analyzing and cherry-picking the most attractive prospects.
Or to put it in other words, anyone that is interested in becoming a trader needs to study as hard as they can in order to improve, there is no other method that is going to work as  the competition among traders is too intense, and any edge you can get over your competition can mean a great deal of money over the long term, it is because of this that even legendary traders keep improving as they know that if they do not do it their competition will and their profits will be reduced accordingly.

Yeah right, there's always a big competition among others, the concept of trading is like this, the win of someone is the loss of another one, never ending learning process to make sure that you can compete against those other traders who also have that same goals like yours, they are also doing their best to understand how the market works and what will be the next possible market run.

They are also keen in succeeding and they are always updated to what they get to anticipate the possible market directions.

From that knowledge, they will be able to place their position and make a decent amount of profits.
Profits is something that in result with the good analysis that you have been making and on having that little bit mix of luck when we do speak about success yet even if we arent dealing with gambling but since this market is really that unpredictable then it would really be that so normal  that we would really be needing up that kind of approach or anticipations about random results because  there are factors which could really affect out market movement and this would really be resulting on messing up on the analysis that you had made out earlier. Trading is really not an easy path that someone could easily take on which it would really be needing that non stop learning and adaptability towards market volatility and random aspect or behavior, because if you dont have that kind of treatment or approach then for sure you would really be having a hard time on handling yourself towards this market or simply you cant really just that be able to make yourself that sustainable or could be able to succeed this type of career.

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October 20, 2023, 09:11:27 PM
 #119


Profits is something that in result with the good analysis that you have been making and on having that little bit mix of luck when we do speak about success yet even if we arent dealing with gambling but since this market is really that unpredictable then it would really be that so normal  that we would really be needing up that kind of approach or anticipations about random results because  there are factors which could really affect out market movement and this would really be resulting on messing up on the analysis that you had made out earlier. Trading is really not an easy path that someone could easily take on which it would really be needing that non stop learning and adaptability towards market volatility and random aspect or behavior, because if you dont have that kind of treatment or approach then for sure you would really be having a hard time on handling yourself towards this market or simply you cant really just that be able to make yourself that sustainable or could be able to succeed this type of career.
That is the case why we should not underestimate trading and the market which means that we have to enhance our level of understanding and skill just to fit with it. While we know that trading is not easy, therefore, we have to improve our knowledge as well because this is the only to help us succeed. So if we think we can't do it and still feel that we are hopeless and even too emotional, I don't think we need to force ourselves either. Otherwise, we are not trading but making it like gambling where we just rely on luck not strategies.

R


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October 21, 2023, 07:30:29 PM
 #120

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


TRADING on your own doesnt mean you are O.V.E.R trading buddy, if you have gotten the skills and knowledge to trade is just for you to abide to some principles and discipline, And get to see the results as you progress on. so please dont let anyone buy you the IDEA that you are over trading as you trade alone.

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Hamphser
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October 21, 2023, 07:52:57 PM
 #121


Profits is something that in result with the good analysis that you have been making and on having that little bit mix of luck when we do speak about success yet even if we arent dealing with gambling but since this market is really that unpredictable then it would really be that so normal  that we would really be needing up that kind of approach or anticipations about random results because  there are factors which could really affect out market movement and this would really be resulting on messing up on the analysis that you had made out earlier. Trading is really not an easy path that someone could easily take on which it would really be needing that non stop learning and adaptability towards market volatility and random aspect or behavior, because if you dont have that kind of treatment or approach then for sure you would really be having a hard time on handling yourself towards this market or simply you cant really just that be able to make yourself that sustainable or could be able to succeed this type of career.
That is the case why we should not underestimate trading and the market which means that we have to enhance our level of understanding and skill just to fit with it. While we know that trading is not easy, therefore, we have to improve our knowledge as well because this is the only to help us succeed. So if we think we can't do it and still feel that we are hopeless and even too emotional, I don't think we need to force ourselves either. Otherwise, we are not trading but making it like gambling where we just rely on luck not strategies.

If you are just starting on trading field or career then it would really be just that right that you would really be experiencing about those mistakes on which this is something that inevitable and there's no way that you would really be able to avoid that and of course you would really be needing to adjust and learn something from it because if you dont and keeps tolerating with those mistakes then there's no way that you could really be able to enhance or make yourself that good into this career but of course adjustments and adaptability is a must. Copy trading? Not recommendable but if you dont like on risking of your lack of experience on doing trading then you would really be going with those copy trading or following some signals but honestly it isnt really that recommendable on doing so and nothing beats out if you would really be that
 going for manual trading on your own on which you could enhance your skills.

Its up on how you would really be making yourself that sustainable but if you are really that going for long term aspect then learning that trading self skill would really be that ideal.
You cant really just fasten up yourself on such process though and it does really takes time and tons of effort then you would really be needing and this is what you would really
be needing to do.

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October 21, 2023, 10:44:03 PM
 #122

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


When we do trading, it can be a way for us to make a profit. And this has been proven and tested for several decades; the trading business industry did not exist before Bitcoin or cryptocurrency. Why? because it helps every country's economy.

Now, copy trading uses a trading platform that also trades for profit. The only difference is that there are other traders who do the work in trading so that we can earn. But this is a higher risk compared to us doing the trading ourselves. That's what we should remember about this matter. In short, this is lazy copy-trading.



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October 22, 2023, 02:45:47 AM
 #123

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


When we do trading, it can be a way for us to make a profit. And this has been proven and tested for several decades; the trading business industry did not exist before Bitcoin or cryptocurrency. Why? because it helps every country's economy.

Now, copy trading uses a trading platform that also trades for profit. The only difference is that there are other traders who do the work in trading so that we can earn. But this is a higher risk compared to us doing the trading ourselves. That's what we should remember about this matter. In short, this is lazy copy-trading.
Everyone who trades certainly hopes for the profits they get from the trades they make and this will increase the income they get from these trades. Choosing to do copy-trading will of course be very risky for the assets we have and if we fail in doing copy-trading we will certainly lose the assets we have, but even when doing trading yourself there is also a risk of failure which may occur in this case of course. We will try to overcome it ourselves so that we lose big from the trades we make.

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October 22, 2023, 02:48:11 AM
 #124

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

I think you can never say that you are over trading because a responsible trader would never do such a thing again, rather you limit trading only to see later that you have suffered losses. So I think it's best if you start a trading business by yourself, and you can move forward with trading. If you copy trading you will depend on others, that's why I say never depend on others but best to go with your own knowledge and skills. You should never be afraid of trading with your own skills, rather if you can use your skills, you can gain fame as a trader in the future. That's why you should ignore the signals given by others and instead educate yourself about trading and use your own experience. It will be reliable for you.

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October 22, 2023, 07:22:15 AM
 #125

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

I think you can never say that you are over trading because a responsible trader would never do such a thing again, rather you limit trading only to see later that you have suffered losses. So I think it's best if you start a trading business by yourself, and you can move forward with trading. If you copy trading you will depend on others, that's why I say never depend on others but best to go with your own knowledge and skills. You should never be afraid of trading with your own skills, rather if you can use your skills, you can gain fame as a trader in the future. That's why you should ignore the signals given by others and instead educate yourself about trading and use your own experience. It will be reliable for you.
It really seems the OP does not really understand some of the terminology that traders use, since overtrading as the word itself implies means simply a trader that is trading too much compared to what their strategy is telling them, most likely because they have lost a lot of money and they want to recover it fast, or simply because they are going through a moment in which they cannot control their emotions and they are trading any single movement on the market hoping to hit it big.
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October 22, 2023, 11:54:20 AM
 #126


I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
I see why many people subscribe to copy trading and these are the possible reasons
 - lack of knowledge
 - lack of time to analyze the market condition

The use of copy trading is not wrong but what went wrong is when fully relying on it like we don't see any way to trade our own.
Indeed, if we want to grow and improve our knowledge in trading, we have to work on it on our own, not by relying on someone. Yes, we can do a lot of good things when doing alone as we can do whatever we want to do.



I agree. Copy trading would help you when you are just starting especially if you want to see how someone else do it. But it shouldn't replace our own understanding and efforts in the trading world. Along the way, we have to do it on our own and outgrow copying the trading practice of others. Anyway, it will help us too to improve our knowledge. Who knows, maybe youll discover something valuable.

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November 20, 2023, 11:20:24 AM
 #127

I believe trade your own strategy than copying other Technical analysis
Believe your own Technical analysis trust your analysis
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November 20, 2023, 11:56:53 AM
 #128


I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
I see why many people subscribe to copy trading and these are the possible reasons
 - lack of knowledge
 - lack of time to analyze the market condition

The use of copy trading is not wrong but what went wrong is when fully relying on it like we don't see any way to trade our own.
Indeed, if we want to grow and improve our knowledge in trading, we have to work on it on our own, not by relying on someone. Yes, we can do a lot of good things when doing alone as we can do whatever we want to do.



I agree. Copy trading would help you when you are just starting especially if you want to see how someone else do it. But it shouldn't replace our own understanding and efforts in the trading world. Along the way, we have to do it on our own and outgrow copying the trading practice of others. Anyway, it will help us too to improve our knowledge. Who knows, maybe youll discover something valuable.
Copy trading can be very profitable for us especially if we are copy trading from experience and big traders that had been in the market. Cryptocurrency trading is very important and can give us a big profits if we know how to go about it. Because if copy trading, ma y people had leave there trading skills and go for some cheap and easy. We don't need to rent on just copy trading, it is good when we try and upgrade ourselves so that as we are copy trading we should be improving our skills so that we are not going to be ignorance of what is happening in the market and how to better a better trader.

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November 22, 2023, 06:49:16 AM
 #129

trading your own way is better than other trading methods. It is better to continue to improve these skills rather than using social trading, or other types of trading methods. I say this because by trading in your own way, you can continue to improve the skills you have, so you don't need to depend on other people's methods. This can allow you to trade anywhere, and at any time. Meanwhile, if you are used to using other trading methods, this will make you dependent and hope that other people will give you this information before trading. Apart from that, you also cannot be flexible in trading.

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November 22, 2023, 01:29:07 PM
 #130

Copy trading can be very profitable for us especially if we are copy trading from experience and big traders that had been in the market. Cryptocurrency trading is very important and can give us a big profits if we know how to go about it. Because if copy trading, ma y people had leave there trading skills and go for some cheap and easy. We don't need to rent on just copy trading, it is good when we try and upgrade ourselves so that as we are copy trading we should be improving our skills so that we are not going to be ignorance of what is happening in the market and how to better a better trader.
Not all traders are successful, and successful ones also suffer losses, but if they follow risk management and manage the deposit competently, then for them this can become an ordinary loss, and for an inexperienced trader it can be a loss of the entire deposit.

If everything with copy trading was so simple, then everyone could do it and make a profit, but for some reason this does not happen. I am not very familiar with copy trading, but I suspect that a successful trader will not always want to share his trades for free, perhaps for some time, and then you will have to pay. And what is the use of this for a novice trader if he does not gain any experience from it, simply repeating transactions will not give any progress in development.
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November 22, 2023, 01:39:23 PM
 #131

Copy trading can be very profitable for us especially if we are copy trading from experience and big traders that had been in the market. Cryptocurrency trading is very important and can give us a big profits if we know how to go about it. Because if copy trading, ma y people had leave there trading skills and go for some cheap and easy. We don't need to rent on just copy trading, it is good when we try and upgrade ourselves so that as we are copy trading we should be improving our skills so that we are not going to be ignorance of what is happening in the market and how to better a better trader.
Not all traders are successful, and successful ones also suffer losses, but if they follow risk management and manage the deposit competently, then for them this can become an ordinary loss, and for an inexperienced trader it can be a loss of the entire deposit.

If everything with copy trading was so simple, then everyone could do it and make a profit, but for some reason this does not happen. I am not very familiar with copy trading, but I suspect that a successful trader will not always want to share his trades for free, perhaps for some time, and then you will have to pay. And what is the use of this for a novice trader if he does not gain any experience from it, simply repeating transactions will not give any progress in development.
Market is something a tug-of-war in between buyers and sellers on which there would really be winners and losers in the other side of the market. This is why as a trader then you would really be doing your very best on trying out to sustain or survive this market or else you would really be ending up on losing that much money. Trading on your own? This is always been that recommended because trying out to copy or trying out to get or follow those signals wont really be making yourself that way more better as a trader. Yes, you could still possibly be able to make winning trades but on the time that those people or trader that you are following into
would be gone, then what would you gonna do?

This is why as early as you could, learning up trading on your own would be the best option or path to take. It might take long but its something that would really be beneficial for long term.
You cant really be able to make yourself something good or better if you wont really be taking on your own.

R


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November 22, 2023, 02:19:13 PM
 #132

I believe trade your own strategy than copying other Technical analysis
Believe your own Technical analysis trust your analysis

Your point of view is accurate but a person with zero experience when entering into crypto market then it is obvious that he will do what others are doing because at start no one knows what to do and if one get accurate Knowledge and experience then he start trading by himself without taking help of others but at start taking help from fellows, YouTubers and other sources are necessary.

Every person wants to trust himself but I think trading alone without sharing with others is also not profitable because sharing can increase your knowledge and through visualising others activities you can choose better option for yourself. I don't say that always work according to others analysis but use it until you don't have developed experience.









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November 23, 2023, 06:36:21 AM
 #133

Market is something a tug-of-war in between buyers and sellers on which there would really be winners and losers in the other side of the market. This is why as a trader then you would really be doing your very best on trying out to sustain or survive this market or else you would really be ending up on losing that much money. Trading on your own? This is always been that recommended because trying out to copy or trying out to get or follow those signals wont really be making yourself that way more better as a trader. Yes, you could still possibly be able to make winning trades but on the time that those people or trader that you are following into
would be gone, then what would you gonna do?

This is why as early as you could, learning up trading on your own would be the best option or path to take. It might take long but its something that would really be beneficial for long term.
You cant really be able to make yourself something good or better if you wont really be taking on your own.
The difficulty may not only be that the trader whose transactions you are copying will leave, but that sometimes you need to react very quickly when there are rapid movements in the market and the trader will have time to exit the position, but you will not have time to copy his action. Actually, there are a lot of negative aspects in copy trading, and perhaps there is nothing wrong with this if you combine it with your own analysis, in which case you may not repeat all his actions after someone, but in this case you will be able to control all your transactions.
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November 23, 2023, 08:22:56 AM
 #134

Market is something a tug-of-war in between buyers and sellers on which there would really be winners and losers in the other side of the market. This is why as a trader then you would really be doing your very best on trying out to sustain or survive this market or else you would really be ending up on losing that much money. Trading on your own? This is always been that recommended because trying out to copy or trying out to get or follow those signals wont really be making yourself that way more better as a trader. Yes, you could still possibly be able to make winning trades but on the time that those people or trader that you are following into
would be gone, then what would you gonna do?

This is why as early as you could, learning up trading on your own would be the best option or path to take. It might take long but its something that would really be beneficial for long term.
You cant really be able to make yourself something good or better if you wont really be taking on your own.
The difficulty may not only be that the trader whose transactions you are copying will leave, but that sometimes you need to react very quickly when there are rapid movements in the market and the trader will have time to exit the position, but you will not have time to copy his action. Actually, there are a lot of negative aspects in copy trading, and perhaps there is nothing wrong with this if you combine it with your own analysis, in which case you may not repeat all his actions after someone, but in this case you will be able to control all your transactions.
Yeah, time is crucial on the time that you are following someone. Every tips and signals that been given then you would really be that needing to be that fast because even if you do miss out on
few seconds that you would really be getting left behind. So result? You would really be instead earning less or might even lose. I agree that you should really be fast or quick
because signals given might really be that resulting into those fast pumps and dumps but just like as said, i dont really see for it to be that too interesting for someone
to make some signals and follow it completely. You are really that much better on going solo.

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November 23, 2023, 08:45:09 AM
 #135

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Gaining trading ideas from other traders can be done through social trading platforms such as eToro and ZuluTrade, where you can copy the trades of successful participants. Also, in the Forex market and in the cryptosphere, there are many services providing trading signals. Financial news portals can also provide analytical reviews and recommendations from experts. But it is still necessary to develop your own trading strategy, without this there is no way, constantly copying someone is not always a good idea.
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November 23, 2023, 01:48:58 PM
 #136

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Sometimes if you busy, or if we have other work that can't be put off, why not. I think, for me you can try Tradingview. it's like a social network for traders where people share insights and ideas in real-time. You can take a peek at other people's strategies, pick up their ideas, and then choose whatever suits your fancy. Alternatively, consider a trading alert service that sends you trading signals directly for example WallStreetzen.

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November 23, 2023, 07:01:27 PM
 #137


I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
I see why many people subscribe to copy trading and these are the possible reasons
 - lack of knowledge
 - lack of time to analyze the market condition

The use of copy trading is not wrong but what went wrong is when fully relying on it like we don't see any way to trade our own.
Indeed, if we want to grow and improve our knowledge in trading, we have to work on it on our own, not by relying on someone. Yes, we can do a lot of good things when doing alone as we can do whatever we want to do.



I agree. Copy trading would help you when you are just starting especially if you want to see how someone else do it. But it shouldn't replace our own understanding and efforts in the trading world. Along the way, we have to do it on our own and outgrow copying the trading practice of others. Anyway, it will help us too to improve our knowledge. Who knows, maybe youll discover something valuable.
It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.
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November 23, 2023, 07:19:57 PM
 #138

I suggest you learn to control your emotions and avoid overtrading cause to me it is better for one learn to trade on his own than doing either copy or socials trading. Though it will takes more time for one to become an experienced and profitable trader but on other hand you will always have more guaranteed than copying it from others.

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November 23, 2023, 10:56:15 PM
 #139


I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
I see why many people subscribe to copy trading and these are the possible reasons
 - lack of knowledge
 - lack of time to analyze the market condition

The use of copy trading is not wrong but what went wrong is when fully relying on it like we don't see any way to trade our own.
Indeed, if we want to grow and improve our knowledge in trading, we have to work on it on our own, not by relying on someone. Yes, we can do a lot of good things when doing alone as we can do whatever we want to do.



I agree. Copy trading would help you when you are just starting especially if you want to see how someone else do it. But it shouldn't replace our own understanding and efforts in the trading world. Along the way, we have to do it on our own and outgrow copying the trading practice of others. Anyway, it will help us too to improve our knowledge. Who knows, maybe youll discover something valuable.
It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.

Yes and if the trader will make a mistake he can adjust and try to recover while new trader who copy his position will be left alone and lose everything, that's the risk copytrader can take when positioning without any knowledge, as there are always changes inside the market and with that change experienced traders always have alternative and back plans in case their position got burned they need to work on it or need to make some decision that affects thier trades.

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November 26, 2023, 07:11:15 AM
 #140

I think both your own trading and social trading/copy trading have their pros and cons and the choice ultimately depends on your personal preference and trading goals. It is important to develop your own trading style and strategy based on your own analysis and research. This will help you understand the markets better and make more informed decisions. While it is okay to learn and seek guidance from other traders, ultimately, your success in trading will depend on your own abilities and understanding of the market. So, focus on developing your own skills and strategies instead of relying solely on others for trading signals. Whether you choose to trade yourself or use signals, constantly educate yourself and stay informed about the market to make successful trading decisions.

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November 26, 2023, 08:20:26 AM
 #141

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Trading on your own would prevent unnecessary distractions from trading signals, firstly you devise your trading strategy obtained from any source mostly from YouTube practice it with demo or stimulated trading until you become consistent in making profit, personally I only visit twitter to learn from professional traders to learn and follow their chart analysis and how I can improve it on my own trading strategy if possible make some amendment if necessary, however it's not about changing the strategy everytime if in losses are incurred thus I am trading on my own I knew isn't is a smooth journey without a mentor however I believe with time I would gain more experience towards becoming a professional traders.

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November 26, 2023, 12:13:19 PM
 #142

It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.

You are on point but I will not agree with this opinion despite I know it has its advantages but without doubt, the disadvantages are more than its advantages. Aside that the of the person you are copying their trade is also your lose, it also makes you to become too lazy to do your own analysis. I mean when you are addicted to copy trade, you'll become too comfortable with it and solely rely on it to trade and when you don't have someone to copy again, your trading career comes to an end. Of course, copy trade can help you to compare and come up with more reliable analysis but I advise one to learn and focus on making trade on their own without being reliant on someone.

R


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November 27, 2023, 10:38:31 AM
 #143

It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.

You are on point but I will not agree with this opinion despite I know it has its advantages but without doubt, the disadvantages are more than its advantages. Aside that the of the person you are copying their trade is also your lose, it also makes you to become too lazy to do your own analysis. I mean when you are addicted to copy trade, you'll become too comfortable with it and solely rely on it to trade and when you don't have someone to copy again, your trading career comes to an end. Of course, copy trade can help you to compare and come up with more reliable analysis but I advise one to learn and focus on making trade on their own without being reliant on someone.

Yeah that's the point, what if the person you are copying decides not to continue, what will happen to you? things will not be the same and chances that you will also end your career or you'll risk another trader and try to copy again, but the knowledge that you supposedly learn will be nowhere to be found.

Though we really can't push someone to whatever desire they've got in mind, it's their money and it's their obligation to protect.

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November 28, 2023, 07:00:40 AM
 #144

It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.

You are on point but I will not agree with this opinion despite I know it has its advantages but without doubt, the disadvantages are more than its advantages. Aside that the of the person you are copying their trade is also your lose, it also makes you to become too lazy to do your own analysis. I mean when you are addicted to copy trade, you'll become too comfortable with it and solely rely on it to trade and when you don't have someone to copy again, your trading career comes to an end. Of course, copy trade can help you to compare and come up with more reliable analysis but I advise one to learn and focus on making trade on their own without being reliant on someone.

Yeah that's the point, what if the person you are copying decides not to continue, what will happen to you? things will not be the same and chances that you will also end your career or you'll risk another trader and try to copy again, but the knowledge that you supposedly learn will be nowhere to be found.

Though we really can't push someone to whatever desire they've got in mind, it's their money and it's their obligation to protect.
Well from the sounds of it the OP is an experienced trader or maybe know how to trade and can earn, what he meant is an another option for him to follow like trading signals or trading groups that could give him an idea or analysis in trading so he doesn't need to always think and over exert his self, admit it trading on your own in exhausting, even if trading on your own accord and earning from it is good or rewarding but we can't ignore that it is also exhausting, not just for our body but for our minds, so sometimes we need to rely on something to have time to rest our minds to think straight, that's when the trading signals and analysis comes help, we can only use those as guide and reference not for us to fully rely on it, in short it's not bad to see trading signals what's bad is fully relying on it.

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November 28, 2023, 07:32:36 AM
 #145

For me personally, I am more comfortable trading on my own, the reason is because by trading alone I can do my own fundamental and technical analysis and determine my own trading decisions, whether I want to enter the market or not, all control is with me. And when there is a loss or profit, I can learn from that experience and build my own portfolio.
Yeah for some people they are more comfortable doing social trading or using signals, because they can trade by just copying other people's analysis/trading which is easier than doing their own analysis, but the risk is that all trading decisions rest with other people.

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November 28, 2023, 08:27:14 AM
 #146

What options does one have to view trading ideas/signals from other professional traders?
As long as someone isn't confident in their trading skills, using trading signals from others isn't a bad option. We can all evaluate the reasons and ideas behind the signal provider as additional material to hone our trading skills. Starting with copy trading isn't a bad idea initially, as long as we continuously modify the way from others to fit our trading profile.

Even if you're just doing copy trading, it adds to your experience and flight hours in the trading world. So, in my opinion, there's nothing wrong with subscribing to signals, as long as we don't blindly copy without making modifications or evaluations based on what we believe.
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November 28, 2023, 12:36:27 PM
 #147


As long as someone isn't confident in their trading skills, using trading signals from others isn't a bad option. We can all evaluate the reasons and ideas behind the signal provider as additional material to hone our trading skills. Starting with copy trading isn't a bad idea initially, as long as we continuously modify the way from others to fit our trading profile.

Even if you're just doing copy trading, it adds to your experience and flight hours in the trading world. So, in my opinion, there's nothing wrong with subscribing to signals, as long as we don't blindly copy without making modifications or evaluations based on what we believe.
If you don't have enough trading knowledge to determine how good a trade is, how will you determine which trader to copy from? I’m not sure that copy trading is good at any stage of your learning to trade, I would evaluate it not as an opportunity to earn something while you are learning, but as a danger of losing your trading deposit until you have the necessary knowledge for independent trading.
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November 28, 2023, 03:07:12 PM
 #148

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Trading on your own would prevent unnecessary distractions from trading signals, firstly you devise your trading strategy obtained from any source mostly from YouTube practice it with demo or stimulated trading until you become consistent in making profit, personally I only visit twitter to learn from professional traders to learn and follow their chart analysis and how I can improve it on my own trading strategy if possible make some amendment if necessary, however it's not about changing the strategy everytime if in losses are incurred thus I am trading on my own I knew isn't is a smooth journey without a mentor however I believe with time I would gain more experience towards becoming a professional traders.
Every approach to trading is good and there are traders out there who are using any of them to their advantage, it's all about the information you get and the source at which you derive your trading resources. I must say that it's a gradual process, not something one could decide at once. Fine, the vision might be to be self-sufficient in trading and be totally independent, but at first, if you must make money, you must follow the guides, signals and mentorship of some expert traders. But if you do not mind waiting for years before you can make money in the market, why not? You can avoid using any signal provider and advice, you will continue to learn and train until you eventually get to your promised land.

However, it's not a curse, most traders will "never" get to this promised land in trading, this is regardless of how they try/prepare, trading is risky and tricky at the same time, and it takes wisdom to overcome. For this, trading is not for everybody and never will it be, but for those who can really get there, if you are privileged to use their signals and advice, then you can't still miss out Entirely.

And frankly, when I was reading what you wrote, you were writing it as if it's that easy, but in practice, trading is not that easy, or you are consistently earning now? I asked the question because you will hardly see a trader who is consistently earning yet all are giving advice. All the various statistical sources point towards the same fact that it's not easy as well. This, I know from experience even as I'm now a consistent winner, most will never get there, it's a fact. Therefore, if a trader is lucky enough to locate an external source of good analysis, signal/service provider or daily technical advice, I urge the person to go for it. Such might be doing this and be learning alongside as well, it doesn't matter.

Trading is not easy at all and most traders will never be successful in it.

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November 28, 2023, 09:49:07 PM
 #149

Almost the majority of the answers given by those who gave their respective opinions on this topic are that we ourselves are doing trading to get a profit. Of course, knowledge is still needed, not just the idea.

It's difficult in copy trading because if you copy from the beginning, it's wrong, and you'll lose right away. Also, what I know about copy trading is that it still has pros and cons, and that's what newbies who enter or try it should also know.


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November 29, 2023, 03:27:01 PM
 #150

I'm trading on my researched because now i'm not a newbie traders, so i don't like to follow signal or copy trading, i don't need to depend on paid signals but i'm following some expert traders opinion to increase my trading knowledge then i think if it's good strategy then i try to follow.

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November 30, 2023, 10:31:46 AM
 #151

It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.

You are on point but I will not agree with this opinion despite I know it has its advantages but without doubt, the disadvantages are more than its advantages. Aside that the of the person you are copying their trade is also your lose, it also makes you to become too lazy to do your own analysis. I mean when you are addicted to copy trade, you'll become too comfortable with it and solely rely on it to trade and when you don't have someone to copy again, your trading career comes to an end. Of course, copy trade can help you to compare and come up with more reliable analysis but I advise one to learn and focus on making trade on their own without being reliant on someone.

Yeah that's the point, what if the person you are copying decides not to continue, what will happen to you? things will not be the same and chances that you will also end your career or you'll risk another trader and try to copy again, but the knowledge that you supposedly learn will be nowhere to be found.

Though we really can't push someone to whatever desire they've got in mind, it's their money and it's their obligation to protect.
Well from the sounds of it the OP is an experienced trader or maybe know how to trade and can earn, what he meant is an another option for him to follow like trading signals or trading groups that could give him an idea or analysis in trading so he doesn't need to always think and over exert his self, admit it trading on your own in exhausting, even if trading on your own accord and earning from it is good or rewarding but we can't ignore that it is also exhausting, not just for our body but for our minds, so sometimes we need to rely on something to have time to rest our minds to think straight, that's when the trading signals and analysis comes help, we can only use those as guide and reference not for us to fully rely on it, in short it's not bad to see trading signals what's bad is fully relying on it.
You are the ones who could really be able to find out if we do speak about trading related things whether you are opting for following someone or paying up on some paid groups or would really be just going solo.
It would really be entirely be depending on you because if we do speak about choices then you are the ones would be assessing each thing whether it works on your part of not because if you do ask someone
on which one is worth then they would be basing up with their own experience. Also, you wont really be stopping yourself on testing it out if you are really that interested when it comes to social trading or copy trading.
It is really normal specially when we are still a newbie on which something like this would coming up into our mind.

Honestly speaking, there's nothing to be better if we do speak about trading in our own.Why? It is really something that worth on engaging into trading on your own
since you could really be able to enhance up yourself when it comes to trading skills.

R


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December 03, 2023, 05:24:36 PM
 #152

I would rather trade with what I know, and not really trust others, that really doesn't change it much, and it makes it quite profitable to keep it going like that. I understand that it's hard to see all those people with amazing returns and you want to be part of it, but there is no guarantee of that for me, I just don't buy it.

All those people who promise great returns look like scammers to me, because if I personally made a lot of money, I wouldn't publicly try to make a few bucks from others as well, I would just make my own money, if it's free and they do not charge you anything or they do not benefit at all, then I could sort of understand, but I bet that they have a benefit from it, even if not money then something else, and I rather stay away from them. This is why it's quite crucial to learn how to trade yourself, you cut the cord early on and you focus on what you could do personally, and that will always end up with something that will benefit you.

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January 28, 2024, 03:47:13 AM
 #153

Trading on your own is great if you've got the skills and time. You're in full control, making your own calls based on your research and instincts. The upside? All the profits are yours, and you get a real hands-on understanding of the market. But the catch is it's time-consuming, and the learning curve can be steep. Plus, the responsibility is all on you, so you've got to be ready to handle the stress, especially when the market gets wild.

Now, about social trading and copy trading – these are awesome if you're still figuring things out or if you're strapped for time. Find the best social trading platform, and the big pro here is you can learn from experienced traders. You see what they're doing, understand their strategies, and even mirror their trades. It's like having a mentor guiding you along.

But here's the thing: you've got to be super careful about who you're following. There are legit pros out there, but also scammers looking to make a quick buck. So, do your homework, check their track records, and don’t just follow anyone blindly.

Social trading has the added benefit of community support. You're not just copying trades; you're part of a group sharing insights, which can be super helpful. The downside? You can get swayed by the crowd's opinion, which isn't always right.

Copy trading is more hands-off. You pick a trader, set your parameters, and let the system do its thing. It saves time, but you're also relying heavily on someone else's decisions. If they win, you win, but if they lose, so do you.

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January 30, 2024, 12:00:23 PM
 #154

Just like everyone mentioned, trading your own is a lot better than all of this. The idea that you could make your own money without the helps of anyone else is important because it will give you a way to get better forever. The good old "do not give a man fish, teach him how to fish" part is the most important part. If you end up teaching him how to fish then he will just be able to do it better. In this case, nobody will teach you how to fish, so you have to go out and learn it on your own.

Spending time on becoming better is a difficult one, many people are missing that and it should be important to keep trying no matter how long it takes in order to become a good trader yourself, it may take months, even years, but you should keep trying.

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January 30, 2024, 03:02:45 PM
 #155

Personally I prefer to trade on my own than joining any social trading group or copying others trade .I have lost lots of money paying for those types of groups .I now trade on my own using the small knowledge I have of trading . Better to be patient and wait for my set-ups  cause with time i can become a profitable trader

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January 30, 2024, 03:57:02 PM
 #156

Personally I prefer to trade on my own than joining any social trading group or copying others trade .I have lost lots of money paying for those types of groups .I now trade on my own using the small knowledge I have of trading . B
Copy trading for me is fine and I'd still choose to trade on my own. I know myself and there will be more times that I'd fail myself and lose my trades but that's feeling better than relying on someone's signal and social with them and in the end, after following their confident advises and trades, you'd still lose.

Better to be patient and wait for my set-ups  cause with time i can become a profitable trader
This is what trading is all about, being patient and how you'd overcome the market by becoming profitable and that means you're a good trader.



 

 

 

 

 

 


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January 30, 2024, 04:17:48 PM
 #157

One should always give more importance to one's own competence in trading. Relying on others or directly copying other traders never gives good results. Everyone has their own strategy in trading and every trader has to apply that strategy in trading. I am trading I have my own strategy, the strategy I am successful in now may not be successful in the same strategy. If in the beginning a trader is not getting much success in trading then I would say that the trader should try harder and develop his own trading skills so that the trader does not have to depend directly on someone else later on. If you trade by following others, you will never learn anything by yourself, it is very important to know about your own trading, so you should always trust yourself.
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January 30, 2024, 07:09:58 PM
 #158

For me personally, I am more comfortable trading on my own, the reason is because by trading alone I can do my own fundamental and technical analysis and determine my own trading decisions, whether I want to enter the market or not, all control is with me. And when there is a loss or profit, I can learn from that experience and build my own portfolio.
Yeah for some people they are more comfortable doing social trading or using signals, because they can trade by just copying other people's analysis/trading which is easier than doing their own analysis, but the risk is that all trading decisions rest with other people.
Trading on you own is better than picking signals from group and from people because when you get addicted to always getting signals to me you are not a trader. It is better to learn then. You can easily experiment what ever you have learnt. And whe. You fail you can even learn from your mistakes. What is the essence of trading and you don't even know how to do tech technical analysis. And having full control of how you run the market will be better, the most important thing is that you are in charge. I can learn continuously from other people's trade. And a lot of people pay heavily just because they want to get signals, only lazy people will not want to learn. And that is why they are always massive loss, just because people have failed to learn.

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milewilda
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January 30, 2024, 07:53:19 PM
 #159

For me personally, I am more comfortable trading on my own, the reason is because by trading alone I can do my own fundamental and technical analysis and determine my own trading decisions, whether I want to enter the market or not, all control is with me. And when there is a loss or profit, I can learn from that experience and build my own portfolio.
Yeah for some people they are more comfortable doing social trading or using signals, because they can trade by just copying other people's analysis/trading which is easier than doing their own analysis, but the risk is that all trading decisions rest with other people.
Trading on you own is better than picking signals from group and from people because when you get addicted to always getting signals to me you are not a trader. It is better to learn then. You can easily experiment what ever you have learnt. And whe. You fail you can even learn from your mistakes. What is the essence of trading and you don't even know how to do tech technical analysis. And having full control of how you run the market will be better, the most important thing is that you are in charge. I can learn continuously from other people's trade. And a lot of people pay heavily just because they want to get signals, only lazy people will not want to learn. And that is why they are always massive loss, just because people have failed to learn.
When you are just starting or shall we say a complete noob then having those kind of following or checking out someones trades arent that a bad idea either. It is really just that there are ones who are really that relying on it for the rest of their lives on the time that they do trade without even having those plans on trying out to make on their own. Whereas, there would really be those individuals who would really be
be making on their own trading ways and methods on how they would really be able to sustain this unpredictable and random market on which technicals and fundamentals doesnt really work all the time.
This is why it would really be that best that you should really be trying out to make on your own so that whenever those sources or people around is gone then you could be able to survive on your own.

It is really a matter of choice on which path you would really be taking. Some do see that copy trading is convenient.Yes, it is but its not something that could
really improve out your skills on doing trading because you arent the ones who do make out such analysis which it is really that from others.
On the time that they would be gone, then what you would gonna do?

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January 30, 2024, 11:36:25 PM
 #160

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


   You know that it is still different for us to learn the technique ourselves to discover the correct understanding of trading in the field of crypto business. because when we get and apply trading on our own correctly, it will be easier for us to understand the practice or entry into copy trading.

   It's also not good that we just enter these categories without knowing anything because there are high chances that our capital will burn in them. It is unlike us to conduct our own discreet trading that can tell if the result will always be organic in the end.

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January 31, 2024, 02:31:52 AM
 #161

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
For me trading independently would be much better because we are not in contact with other people dan is that when we intend to trade alone, the main thing we need to pay attention to is how to trade correctly. Seeing and learning about trading from people who are professionals is quite good because it will provide us with knowledge. Over trading can be minimized if someone knows how to be responsible for the activities they carry out and this all must be looked at based on the knowledge they have.

Trading ideas will be much better when you yourself know how to do analysis and trying to imitate other people's trading patterns will usually be quite problematic, unless you learn from someone who is experienced. Trading does not guarantee profits all the time and even experienced people experience losses at certain times so they need to prepare themselves if that happens.

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January 31, 2024, 08:48:55 AM
 #162

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Trading on your own would prevent unnecessary distractions from trading signals, firstly you devise your trading strategy obtained from any source mostly from YouTube practice it with demo or stimulated trading until you become consistent in making profit, personally I only visit twitter to learn from professional traders to learn and follow their chart analysis and how I can improve it on my own trading strategy if possible make some amendment if necessary, however it's not about changing the strategy everytime if in losses are incurred thus I am trading on my own I knew isn't is a smooth journey without a mentor however I believe with time I would gain more experience towards becoming a professional traders.

You are right there; doing the trading ourselves on any exchange can help a lot. Also, be careful about joining signal groups, as there are often many exploitative people using such groups and crypto signals.

Especially with the trading signals that can always be seen in Telegram group channels. Know well that before believing in signal groups, it is better that you do your own personal trading here in the crypto space.

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January 31, 2024, 10:42:54 AM
 #163

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
For me trading independently would be much better because we are not in contact with other people dan is that when we intend to trade alone, the main thing we need to pay attention to is how to trade correctly. Seeing and learning about trading from people who are professionals is quite good because it will provide us with knowledge. Over trading can be minimized if someone knows how to be responsible for the activities they carry out and this all must be looked at based on the knowledge they have.

Trading ideas will be much better when you yourself know how to do analysis and trying to imitate other people's trading patterns will usually be quite problematic, unless you learn from someone who is experienced. Trading does not guarantee profits all the time and even experienced people experience losses at certain times so they need to prepare themselves if that happens.

Yeah right, trading at your own knowledge and be successful with how you find best strategy is always better compared to following someone and blindly place your position without knowing what is the fate of your trade, think about making your own system and execute it the way you wanted it to be.

With that idea, there's no one to be blame aside from your own assessment, you'll be able to adjust from time to time once you already understand the proper way of doing the trade.

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January 31, 2024, 01:30:22 PM
 #164

Just like everyone mentioned, trading your own is a lot better than all of this. The idea that you could make your own money without the helps of anyone else is important because it will give you a way to get better forever. The good old "do not give a man fish, teach him how to fish" part is the most important part. If you end up teaching him how to fish then he will just be able to do it better. In this case, nobody will teach you how to fish, so you have to go out and learn it on your own.

Spending time on becoming better is a difficult one, many people are missing that and it should be important to keep trying no matter how long it takes in order to become a good trader yourself, it may take months, even years, but you should keep trying.
It is not really "difficult" to become better trader yourself, but it takes time and most people do not want to spend time on it, that's the main problem. I understand the feeling, it may feel like you do not want to spend any time on it, but the reality is that you are going to end up spending long time on becoming better.

Not because it's hard, it's actually not that difficult to become a good trader and the only reason it takes so much time is because there are so many things to learn. While you learn them quickly and easily it doesn't mean that it will be quick overall because when you put in many tiny easy things back to back for months it's still months that you have to spend on learning how to be better at trading.

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February 01, 2024, 02:10:03 AM
 #165

Yeah right, trading at your own knowledge and be successful with how you find best strategy is always better compared to following someone and blindly place your position without knowing what is the fate of your trade, think about making your own system and execute it the way you wanted it to be.

With that idea, there's no one to be blame aside from your own assessment, you'll be able to adjust from time to time once you already understand the proper way of doing the trade.
Following other people's trading methods is not a problem as long as we don't immediately adopt their method and first try to analyze and adjust. Trading on your own will be much more satisfying, but we also need to consider several trading strategies that people use so that there are many ideas that we can use. Thinking about trading is not easy to carry out because perhaps not everyone can master it and when someone is willing to learn there is a way to perfect it.

Direct involvement is important in trading so that we know how to do it and what becomes a problem when we are involved in trading but have no knowledge at all. This is the mistake that needs to be avoided because whatever we follow should have a view about running it because otherwise we would be betting instead of trading.

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February 01, 2024, 06:53:01 PM
 #166

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Trading can be so complicated especially futures trading and one may incur terrible losses if ones TA isn't good enough and that's why it's good to learn from top expert by copying their trades. Although it's advisable for one to learn trading by himself on the long-run but copy trading is a great start to learn. From my experience trading across several platforms, Bitget has the highest top elite traders and I have used it in the past while still trying to master my trading skill.
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February 01, 2024, 09:37:28 PM
 #167

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


It is really the argument that follows from "Give a man a fish and he eats for a day. Teach a man how to fish and he will eat for life". Same here. Except this is more about cryptocurrency and trading. Tongue

But you are right to worry about over-trading. Those trading fees add up to a large amount. A lot of traders, especially newbie traders, whittle away their money little by little until a very large chunk of it is gone. And why? Because they wanted to enter and exit trades out of panic or some other pointless reason.

Trading fees are really silent money-eaters.


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Altcoiner007
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February 02, 2024, 02:59:22 PM
 #168

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
Trading on your own is the best but you can try signals and see how they only care about their pockets. That would be when you will realized that there is nothing better than to have the knowledge and experience about how to trade on your own. But it is important for you not to use more than the amount of money that you can not afford to lose to trade.

Since the OP already has good experience with trading. I'd recommend he tries out copy trading. Platforms like Bitget has one-click copy trade section with Millions of expert traders. His trading skills will sure be useful in analyzing which expert trader to copy their trades instead of just asking for signals. Copy trading is more profitable as you'll be copying a professional trader directly as as soon as the expert place their own trade.
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February 03, 2024, 05:38:04 AM
 #169

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


Trading can be so complicated especially futures trading and one may incur terrible losses if ones TA isn't good enough and that's why it's good to learn from top expert by copying their trades. Although it's advisable for one to learn trading by himself on the long-run but copy trading is a great start to learn. From my experience trading across several platforms, Bitget has the highest top elite traders and I have used it in the past while still trying to master my trading skill.
I've been hearing about this and how it's quite easy setting up modifications that'll make you profitable, seem I'll consider in checking this out.. Thanks for your sharing.
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February 03, 2024, 07:34:07 AM
 #170

Yeah right, trading at your own knowledge and be successful with how you find best strategy is always better compared to following someone and blindly place your position without knowing what is the fate of your trade, think about making your own system and execute it the way you wanted it to be.

With that idea, there's no one to be blame aside from your own assessment, you'll be able to adjust from time to time once you already understand the proper way of doing the trade.
Following other people's trading methods is not a problem as long as we don't immediately adopt their method and first try to analyze and adjust. Trading on your own will be much more satisfying, but we also need to consider several trading strategies that people use so that there are many ideas that we can use. Thinking about trading is not easy to carry out because perhaps not everyone can master it and when someone is willing to learn there is a way to perfect it.

Direct involvement is important in trading so that we know how to do it and what becomes a problem when we are involved in trading but have no knowledge at all. This is the mistake that needs to be avoided because whatever we follow should have a view about running it because otherwise we would be betting instead of trading.

I agree to that, as basis we can use those share strategy and we can make some tweaks to make it workable with our own trades, following blindly not knowing what are the consequences will surely put your investment at risk, you need to adopt and you need to keep pursuing to learn more, with that kind of mindsets you'll be able to find success.

Take your own path while using every resources that you have to adopt and to make a proper adjustment between your type of an investors and the market that you are involving yourself.

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February 03, 2024, 08:36:26 AM
 #171

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?


It is really the argument that follows from "Give a man a fish and he eats for a day. Teach a man how to fish and he will eat for life". Same here. Except this is more about cryptocurrency and trading. Tongue

But you are right to worry about over-trading. Those trading fees add up to a large amount. A lot of traders, especially newbie traders, whittle away their money little by little until a very large chunk of it is gone. And why? Because they wanted to enter and exit trades out of panic or some other pointless reason.

Trading fees are really silent money-eaters.


This is part of the process in my opinion, maybe it would be easier to copy trade, but as you said it is the same as giving us a fish that can only be for a day, whereas if we learn and develop our own strategy it will be useful as long as we want to trade.
Now the problem is that many people don't want to go through that process, in the sense that they just want to get something in an instant way. I don't deny that who doesn't want to get something instantly, but here I just want to say that it's better to go through all the processes so that we can develop even more, rather than producing something instantly but we feel it in a short time.

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February 06, 2024, 06:31:17 AM
 #172

I agree to that, as basis we can use those share strategy and we can make some tweaks to make it workable with our own trades, following blindly not knowing what are the consequences will surely put your investment at risk, you need to adopt and you need to keep pursuing to learn more, with that kind of mindsets you'll be able to find success.

Take your own path while using every resources that you have to adopt and to make a proper adjustment between your type of an investors and the market that you are involving yourself.
The more strategies we learn, the better it is because we will be faced with various events in trading so that we know a little more about options to avoid losses. Even though trading does not guarantee permanent integrity, at least we have the readiness to change our trading strategy if it is deemed unsuitable. However, separate analytical performance is still needed and we will be trained in sensitivity regarding the decision-making process and if not this will be very risky.

Trading is not easy to do and does not mean it is difficult to learn because the habits we do consistently will produce much better results. This does not only apply in trading but wherever these concepts and formulas apply, it depends on how each individual is able to handle them well and responsibly.

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February 06, 2024, 10:53:45 AM
 #173

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

You can't say that you are overtrading because if you are a responsible trader, you will know how to limit your trading and limit your losses as well. But let's say if you are just starting to trade, then it's always best to learn from your own trades. Do not be afraid to commit mistakes and losses because that will be your great motivation to improve your trades and become professional and profitable traders in the future. Furthermore, know that trading signals can never be reliable the whole time. They might work at some point but you will know your trades will work better if you rely on your own knowledge and skills as a trader.

Experience is the best teacher, if you don't work it out by yourself and continue to rely on others to guide you in your trading, then you'll never build personal confidence, the important thing is to get the knowledge of fundamental and technical analysis first. Make your mistakes and learn from it, but always remember, especially for newbies to trade amount that you can afford to loose, in order to minimize loses. It's said that we should learn from other people's mistakes, but crypto trading is perculiar because despite your knowledge about trading, loses will still happen, so learn what you can from others and build your own trading parten

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February 06, 2024, 11:41:36 AM
 #174

I agree to that, as basis we can use those share strategy and we can make some tweaks to make it workable with our own trades, following blindly not knowing what are the consequences will surely put your investment at risk, you need to adopt and you need to keep pursuing to learn more, with that kind of mindsets you'll be able to find success.

Take your own path while using every resources that you have to adopt and to make a proper adjustment between your type of an investors and the market that you are involving yourself.
The more strategies we learn, the better it is because we will be faced with various events in trading so that we know a little more about options to avoid losses. Even though trading does not guarantee permanent integrity, at least we have the readiness to change our trading strategy if it is deemed unsuitable. However, separate analytical performance is still needed and we will be trained in sensitivity regarding the decision-making process and if not this will be very risky.

Trading is not easy to do and does not mean it is difficult to learn because the habits we do consistently will produce much better results. This does not only apply in trading but wherever these concepts and formulas apply, it depends on how each individual is able to handle them well and responsibly.
From social media, we learn new ideas and from known trading experts, we also know strategies but having our own, we don't just learn but also find the truth about trading. And we found out that many things that haven't been mentioned and untold stories are we gonna experience in actual trading. That is why even if we follow those experts, there is no assurance for us to succeed because in every situation, they are not always there to guide us but it is just us to face alone and make the difficult decision. That is why we have to learn to become independent and accept the challenge because this is the only way to survive and reach our goal.

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February 06, 2024, 04:15:14 PM
 #175

I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.


Nowadays most crypto exchanges offer Copy trading services, You can easily get copy trading services by creating an account and depositing some BTC/USDT. I am providing some top-rated exchange direct links for copy trading:




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February 07, 2024, 07:02:27 AM
 #176

From social media, we learn new ideas and from known trading experts, we also know strategies but having our own, we don't just learn but also find the truth about trading. And we found out that many things that haven't been mentioned and untold stories are we gonna experience in actual trading. That is why even if we follow those experts, there is no assurance for us to succeed because in every situation, they are not always there to guide us but it is just us to face alone and make the difficult decision. That is why we have to learn to become independent and accept the challenge because this is the only way to survive and reach our goal.
I quite agree with your view because now we can learn a lot from social media and all we have to do is verify the accuracy of the information. It is true that not everything we follow from experts will be appropriate in trading and it is possible that what they do not explain will be encountered when we are directly involved in trading. But at least the general discussion about trading patterns has become a consideration and it will be discussed by everyone who understands trading.

We can improve our skills in trading by learning many things from other people and there is no need to limit ourselves to the many people who try to provide views on trading. The more we learn, the greater the opportunity to improve our skills and self-study, the better prepared we will be to face trading in any condition.

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Awaklara
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February 07, 2024, 07:48:18 AM
 #177

From social media, we learn new ideas and from known trading experts, we also know strategies but having our own, we don't just learn but also find the truth about trading. And we found out that many things that haven't been mentioned and untold stories are we gonna experience in actual trading. That is why even if we follow those experts, there is no assurance for us to succeed because in every situation, they are not always there to guide us but it is just us to face alone and make the difficult decision. That is why we have to learn to become independent and accept the challenge because this is the only way to survive and reach our goal.
I quite agree with your view because now we can learn a lot from social media and all we have to do is verify the accuracy of the information. It is true that not everything we follow from experts will be appropriate in trading and it is possible that what they do not explain will be encountered when we are directly involved in trading. But at least the general discussion about trading patterns has become a consideration and it will be discussed by everyone who understands trading.

We can improve our skills in trading by learning many things from other people and there is no need to limit ourselves to the many people who try to provide views on trading. The more we learn, the greater the opportunity to improve our skills and self-study, the better prepared we will be to face trading in any condition.
it takes persistence to learn from someone. because it is possible that what other people share cannot be used by us and is not in accordance with our wishes. but it can be a consideration for developing our knowledge regarding trading.
if there are beginners in trading who are serious and diligent in learning trading analysis techniques. they can have many sources of knowledge, but in practice, they still have to find the most appropriate one for them to use.
it takes hard work, and it's not as easy as we think when we see people who are successful in making big profits in their trading.

.
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February 07, 2024, 09:07:13 AM
 #178

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?

Over trading is not as a result of you trading all by yourself, probably the problem might be with your psychology, you need more lesson on trading psychology than just trading but then seems you choose to trade first rather than getting the required knowledge on psychology to be able to regulate your trading well enough, if those professionals you are looking to copy their trades or take their signals had stop trading because they think they are over  trading, where then are you going to get your signals from or who's trade are you copying, it's very important you work on yourself to be confident enough to generate your own signals and know when to trade and when not to trade

Trading is much better when you are in charge of all you do starting from your signals to you placing the trades and executing them, the more you do it yourself the more you get better at it but depending on others to trade makes you an amateur trader almost for ever.

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February 07, 2024, 10:55:58 PM
 #179

Trading is not easy to do and does not mean it is difficult to learn because the habits we do consistently will produce much better results. This does not only apply in trading but wherever these concepts and formulas apply, it depends on how each individual is able to handle them well and responsibly.
I agree.
The learning process from doing trades and doing these social trading and copy trading depends on the individual that are studying about it.
It might take a lot of time and money for someone who doesn't have a background but it could be less for those that are risk takers and have a background with them. People think that it's easy to do copy trading because you don't do anything but don't forget that the money is yours and your letting its fate depend on the trader you copy.


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February 08, 2024, 06:39:12 AM
 #180

I think trading by yourself is the best way. You may be able to use other people's trading signals, but in the end you just depend on that person forever. Maybe there are also some people who share their trading signals for free, but I'm sure they're not serious. All he's offering is untested signals and he's testing them on you. If the signal results in a loss, will he be responsible?

Learn yourself with your hands, you will get honed skills. Even though you may lose a few dollars, the skills you gain cannot be replaced for anything else. Finally you will be proud of your work.
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February 08, 2024, 08:00:05 AM
Merited by BITCOIN4X (1)
 #181

it takes persistence to learn from someone. because it is possible that what other people share cannot be used by us and is not in accordance with our wishes. but it can be a consideration for developing our knowledge regarding trading.
if there are beginners in trading who are serious and diligent in learning trading analysis techniques. they can have many sources of knowledge, but in practice, they still have to find the most appropriate one for them to use.
it takes hard work, and it's not as easy as we think when we see people who are successful in making big profits in their trading.
Knowledge will give birth to learning that is far more directed because with knowledge we can continue to practice skills. Finding true knowledge about trading might be achieved if they know professional trading and most people who share trading ways in video do not fully have a level of provisionality about trading. For this reason, there is a need for control and analysis regarding video -based learning because not all videos are distributed have similarities when someone is involved in real trade.

Without hard work we will not get anything because of speaking of consistency in finding complete sources of knowledge. Trading can be learned but people have difficulty finding accurate sources, unless they dare to pay mentors that are so experienced in trading.

I agree.
The learning process from doing trades and doing these social trading and copy trading depends on the individual that are studying about it.
It might take a lot of time and money for someone who doesn't have a background but it could be less for those that are risk takers and have a background with them. People think that it's easy to do copy trading because you don't do anything but don't forget that the money is yours and your letting its fate depend on the trader you copy.
When people intend to study trading, the steps that need to be taken on how to improve skills and not be advised to rely completely on copying trading even though some people consider this method to be easier. But back as you talked about that we put in money and follow fully a copy of trading sometimes it will not give any results. A separate analysis will be far more convincing and even though our loss can evaluate the cause and if we fully follow the trading patterns of people, in my opinion it is quite disadvantaged because our skills will never increase.

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February 08, 2024, 08:52:40 AM
 #182

I agree.
The learning process from doing trades and doing these social trading and copy trading depends on the individual that are studying about it.
It might take a lot of time and money for someone who doesn't have a background but it could be less for those that are risk takers and have a background with them. People think that it's easy to do copy trading because you don't do anything but don't forget that the money is yours and your letting its fate depend on the trader you copy.
When people intend to study trading, the steps that need to be taken on how to improve skills and not be advised to rely completely on copying trading even though some people consider this method to be easier. But back as you talked about that we put in money and follow fully a copy of trading sometimes it will not give any results. A separate analysis will be far more convincing and even though our loss can evaluate the cause and if we fully follow the trading patterns of people, in my opinion it is quite disadvantaged because our skills will never increase.
Separate analysis is still a must when someone does copy trading. He'll get to see the idea on how the trader he's about to copy does.
It's not always on how easy it is but the stats that matter and possibly the picks that the traders that someone is going to copy like showing the style of his trading.
It's not lazy though when it's part of the feature of a platform but don't rely too much on them. Some treats it as a passive income but what happens if the trader you copy lost?


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Taskford
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February 08, 2024, 02:09:43 PM
 #183

I agree.
The learning process from doing trades and doing these social trading and copy trading depends on the individual that are studying about it.
It might take a lot of time and money for someone who doesn't have a background but it could be less for those that are risk takers and have a background with them. People think that it's easy to do copy trading because you don't do anything but don't forget that the money is yours and your letting its fate depend on the trader you copy.
When people intend to study trading, the steps that need to be taken on how to improve skills and not be advised to rely completely on copying trading even though some people consider this method to be easier. But back as you talked about that we put in money and follow fully a copy of trading sometimes it will not give any results. A separate analysis will be far more convincing and even though our loss can evaluate the cause and if we fully follow the trading patterns of people, in my opinion it is quite disadvantaged because our skills will never increase.
Separate analysis is still a must when someone does copy trading. He'll get to see the idea on how the trader he's about to copy does.
It's not always on how easy it is but the stats that matter and possibly the picks that the traders that someone is going to copy like showing the style of his trading.
It's not lazy though when it's part of the feature of a platform but don't rely too much on them. Some treats it as a passive income but what happens if the trader you copy lost?

Well if you want to engage on another trade then its good to have separate analysis  so that you can compare on which of these option is good since doing such experiment can ease out our doubts especially if we are so curious on which of these are profitable for us. But actually in long term if we are just relying on copy trading we are the one who's in trouble since we can't learn something with it and also there's huge chance for us to lose if the trader we follow commit bad trades.

Its not being lazy to participate on copy trading since you still need some effort to see if you are gaining what maybe we can point that it is if we are just doing nothing and leave the trader work for us since surely doesn't get anything from that since no experience can be learn with this.

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February 08, 2024, 03:46:31 PM
 #184

I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
Doing the analysis for trading yourself will give you confidence in what your results might be. And you can estimate the profit potential of holding them without selling them. For this, if you can trade by yourself without the help or direction of others, you will get more fun and profit too.

Quote
What options does one have to view trading ideas/signals from other professional traders?
If you trade by following the signals of professional traders you can get profit but you will not have confidence and on the other hand you will always be afraid. On the other hand, don't hesitate to panic sell if you miss the signal if the price of the token/coin you invested in drops. For this it is better to trade by yourself rather than following signals

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February 08, 2024, 03:53:17 PM
 #185

I agree.
The learning process from doing trades and doing these social trading and copy trading depends on the individual that are studying about it.
It might take a lot of time and money for someone who doesn't have a background but it could be less for those that are risk takers and have a background with them. People think that it's easy to do copy trading because you don't do anything but don't forget that the money is yours and your letting its fate depend on the trader you copy.
When people intend to study trading, the steps that need to be taken on how to improve skills and not be advised to rely completely on copying trading even though some people consider this method to be easier. But back as you talked about that we put in money and follow fully a copy of trading sometimes it will not give any results. A separate analysis will be far more convincing and even though our loss can evaluate the cause and if we fully follow the trading patterns of people, in my opinion it is quite disadvantaged because our skills will never increase.
Separate analysis is still a must when someone does copy trading. He'll get to see the idea on how the trader he's about to copy does.
It's not always on how easy it is but the stats that matter and possibly the picks that the traders that someone is going to copy like showing the style of his trading.
It's not lazy though when it's part of the feature of a platform but don't rely too much on them. Some treats it as a passive income but what happens if the trader you copy lost?

Well if you want to engage on another trade then its good to have separate analysis  so that you can compare on which of these option is good since doing such experiment can ease out our doubts especially if we are so curious on which of these are profitable for us. But actually in long term if we are just relying on copy trading we are the one who's in trouble since we can't learn something with it and also there's huge chance for us to lose if the trader we follow commit bad trades.

Its not being lazy to participate on copy trading since you still need some effort to see if you are gaining what maybe we can point that it is if we are just doing nothing and leave the trader work for us since surely doesn't get anything from that since no experience can be learn with this.

It's needed to have your separated analysis instead of blindly following someone's trading tips, it's best that you know what you are doing and you know how to select whatever asset you wanted to support, when doing your own analysis you will earn more knowledge and you keep all those ideas that you can establish to keep your trading in the positive side.

You can always use other's analysis as basis but not exactly copying them but to analyze the potential and what will be your action plans if incase things will not go according to your plan.

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February 08, 2024, 05:04:24 PM
 #186

Now the choices might vary from people to people I must say. If you are new to trading then trading with your own might take time to make profits. So at this time, the ideal thing will be to trade with popular traders. That is doing copy trading. Copy trading the exact amount and risk can help you to understand the market and it will also help you to make profits. Hence if you ask me then copy trading will be might top priority.

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February 08, 2024, 05:32:57 PM
 #187

Now the choices might vary from people to people I must say. If you are new to trading then trading with your own might take time to make profits. So at this time, the ideal thing will be to trade with popular traders. That is doing copy trading. Copy trading the exact amount and risk can help you to understand the market and it will also help you to make profits. Hence if you ask me then copy trading will be might top priority.
Im not saying that it would really be that a bad idea or option to take specially when you are just starting up, but if you are that someone whose really that liking or loving to learn about trading
then sticking with copy trading couldnt really be able to take you further in speaking about developing skills.Nothing beats out into those people who are really that doing thing manually.
If you have started on testing out on copy trading then it isnt bad but if you are really that trying out to become that good one, then you should really be able to check on how
those trades had been done or would be at least wary on whats happening behind so that you would really be having the idea on whats happening and not really just that
totally relying on automation.

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February 08, 2024, 06:46:34 PM
Merited by imamusma (1)
 #188

~Snip
Knowledge will give birth to learning that is far more directed because with knowledge we can continue to practice skills. Finding true knowledge about trading might be achieved if they know professional trading and most people who share trading ways in video do not fully have a level of provisionality about trading. For this reason, there is a need for control and analysis regarding video -based learning because not all videos are distributed have similarities when someone is involved in real trade.

Without hard work we will not get anything because of speaking of consistency in finding complete sources of knowledge. Trading can be learned but people have difficulty finding accurate sources, unless they dare to pay mentors that are so experienced in trading.
I'm not saying it's wrong, but in my opinion, It is learning that can make someone know that can direct someone to the right path. By studying someone can become educated, they can know a lot, but regarding skills, they need to practice their knowledge and try and continue to develop it. In trading, knowledge and practice sometimes do not align. Price volatility and changing trends mean traders have to adapt their strategies to market conditions, but in general the strategies learned can help.

~Snip
When people intend to study trading, the steps that need to be taken on how to improve skills and not be advised to rely completely on copying trading even though some people consider this method to be easier. But back as you talked about that we put in money and follow fully a copy of trading sometimes it will not give any results. A separate analysis will be far more convincing and even though our loss can evaluate the cause and if we fully follow the trading patterns of people, in my opinion it is quite disadvantaged because our skills will never increase.
I do not recommend copy trading to anyone despite the fact that some expert traders can give them returns. There is no guarantee they can get the profits we expect, so that option is too risky. Instead of copy trading, I agree with you that learning and trading independently is much better. Knowledge and experience can increase because of this, so a trader will not be dependent on other people.

Copy traders are not traders, they only entrust their budget to other traders who are more knowledgeable than them. The risk of loss and potential profit depends greatly on how the trader and strategy trades, but they are never responsible for losses even though the budget owner must share in the profits earned.

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February 08, 2024, 07:27:46 PM
 #189

Now the choices might vary from people to people I must say. If you are new to trading then trading with your own might take time to make profits. So at this time, the ideal thing will be to trade with popular traders. That is doing copy trading. Copy trading the exact amount and risk can help you to understand the market and it will also help you to make profits. Hence if you ask me then copy trading will be might top priority.
Newbie traders are always wanting to go with social media way of trading since that is where they were introduced. Some social media trading experts are very good, they are making it big because they are using different strategies and they learning well because they are public figures and will not want to make too much errors.
Some social media traders are scammers and have no experience about trading, they mostly copy and take pictures from successful traders to post in their pages just to gain much followers and people to scam which is very bad and that is the main reason we warn newbies to do extra research before jumping into any information they get from social media.

R


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February 08, 2024, 10:39:25 PM
 #190

Now the choices might vary from people to people I must say. If you are new to trading then trading with your own might take time to make profits. So at this time, the ideal thing will be to trade with popular traders. That is doing copy trading. Copy trading the exact amount and risk can help you to understand the market and it will also help you to make profits. Hence if you ask me then copy trading will be might top priority.
Copy trading is certainly helpful most particularly if you copy trades from successful and professional traders. That way, you will also gain chances to succeed on your trades. But I don’t think you are giving yourself an edge on a long term basis. You should know that before you chose and decide to trade, you must have set your own goals in trading, established your skills and experience before you accept that risk.

Copy trading cannot guarantees all time profitability. So you should not rely on it but develop your own potentials and skills in trading so you can still trade successfully when those veteran traders are leaving already trading.

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