Trading on your own vs social trading and copy trading

[Bitcoin_people]

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.

[LogitechMouse]

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.

[kojektea]

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.

[asyakashi]

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.

[Bananington]

 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.

[Distinctin]

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.

[JunaidAzizi]

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.

[lombok]

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.

[GeorgeJohn]

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

[Mauser]

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.

[Bitcoinpoly]

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.

[EarnOnVictor]

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.

[Viscore]

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.

[gunhell16]

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.

[Mpamaegbu]

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.

[GreatArkansas]

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.

[irhact]

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.

[bettercrypto]

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.

[YOSHIE]

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.

[Woodie]

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.