Trading on your own vs social trading and copy trading

[Natalim]

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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[poodle63]

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.

[sana54210]

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.

[Kelvinid]

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.

[Peanutswar]

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.

[CODE200]

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.

[Dickiy]

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.

[Fredomago]

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.

[dunfida]

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.

[terrific]

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.

[JeffBrad12]

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.

[tygeade]

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.

[gunhell16]

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.

[wajik-tempe]

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.

[Silberman]

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.

[Quidat]

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.

[Fredomago]

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.

[Hamphser]

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.

[Hypnosis00]

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.

[Timmzzy]

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.