Is sharing insights the key to better trading?

[Zoomic]

No one can actually say they became successful traders all alone without help directly or indirectly from other sources. Insights from reliable sources have been very useful to many traders who really know what they are doing. But, relying so much on insights is not good for the growth of any trader. Many traders fail because they blindly get help from just any source because they lack the knowledge to trade with high confidence without seeking validation from just any source. Insights are supposed to serve as reminders to use a certain strategy and not just as a working tool.

No matter how useful an insight is, every trader (especially newbies) should develop their skills and improve on themselves regularly by learning new ideas that can be used to form good strategies. It is very important for traders to gather lots of information so they can tell when an insight is useful or not.

[Fakhrulenclix]

But of course, no single individual knows it all. I believe in the power of sharing ideas. Anyone who holds down what they know and refuses to share with others remains behind. It's a simple logic which those doing it may not know. When we share ideas we also learn from those we think we're teaching. It's cross fertilization of ideas. I belong to several communities and I know what insights we've been sharing and how they've impacted my trading. Like my people would say, when several persons pee at a spot at the same time it generates foam which when done individually won't be possible. Have a trading plan or strategies but review that of others to know where you stand.

I agree with that, we will not lose anything if we share insight/knowledge with other people, in fact we will understand more about that knowledge, then the feedback we will receive will also make it possible for us to understand more about it so it is very likely that it will be enough. We will get many benefits if we share our insights with other people.
In trading, we actually have to have a community to share because alone we are not able to receive a lot of information or knowledge that will benefit us.

[Finestream]

But of course, no single individual knows it all. I believe in the power of sharing ideas. Anyone who holds down what they know and refuses to share with others remains behind. It's a simple logic which those doing it may not know. When we share ideas we also learn from those we think we're teaching. It's cross fertilization of ideas. I belong to several communities and I know what insights we've been sharing and how they've impacted my trading. Like my people would say, when several persons pee at a spot at the same time it generates foam which when done individually won't be possible. Have a trading plan or strategies but review that of others to know where you stand.

I agree with that, we will not lose anything if we share insight/knowledge with other people, in fact we will understand more about that knowledge, then the feedback we will receive will also make it possible for us to understand more about it so it is very likely that it will be enough. We will get many benefits if we share our insights with other people.
In trading, we actually have to have a community to share because alone we are not able to receive a lot of information or knowledge that will benefit us.

Sharing insights is always good and beneficial for everyone as one can reap benefits and use it as his own advantage in trading. But we should not solely rely to that, as one must seek his own knowledge and working strategies in trading so that he can maximize his profits and reduced his losses. No one get to consistently winning and making profits in trading as there are times we get trapped by this unpredictable market, but if we can be more proficient in reading market analysis and be more patient and goal-centered, we can always create successful trades more than losses in trading.

[lixer]

You are able to introduce that bitget thing everytime you discuss some topics. I'd applaud you for that because it doesn't seem that it is noticeable.

As for shared insights from the community, it does help an individual but also, it might cause a panic to someone who's just reading those insights.

I think there are other users too who shill that exchange but they are way too obvious. I guess it's because their sentence are only short while this one here or every time the OP writes, isn't.

Even though it can also be considered as a shill but he is doing it carefully though I do not know if this is still not acceptable or not?

Anyways, on topic now, I am just wondering on why you said sharing insights can cause a panic to someone else? Is it like they are going to FOMO because the insights is too good? But, why not? As long as it's not hoax and then those listeners already have a good experience on how to use it, they will be just fine.

[goaldigger]

This is ok but not a way to a better trading, there are unreliable insights and you might get confused if you will follow it.

If you're just learning how to trading, this can be a big help but if you already have the knowledge about trading then better to do it on your own and have a winning strategy at your own timeline and risk level.

Trading is very risky, I don't rely to anyone because this is my own money and I'm responsible for this.

[MusaMohamed]

This is ok but not a way to a better trading, there are unreliable insights and you might get confused if you will follow it.

If you're just learning how to trading, this can be a big help but if you already have the knowledge about trading then better to do it on your own and have a winning strategy at your own timeline and risk level.

Trading is very risky, I don't rely to anyone because this is my own money and I'm responsible for this.

Trading is certainly risky and everyone see this fact. If I can not trust on myself, I can not trust others.

They can have good intention to help me but they themselves can make mistakes, incorrect thinking and wrongly predict the market. If I trust them, open my orders and positions, I will lose money and they will not pay me any compensation.

They don't have reasons and responsibility to pay compensation to me. I am responsible for my decisions and positions so I have to afford to loss or profit from my trading.

[YOSHIE]

Is sharing insights the key to better trading?

Actually, there are many ways that can be done in crypto trading and there are many tips that we can do so that the trading we do can be successful and successful.
Tips from me, never prioritize greed in crypto trading, trade in small amounts. for example, if you have $3000 in crypto assets, don't use it all and one more tip, don't ever think about getting a chance or luck in crypto trading, insight is important to overcome losses.

Other tips focus on one type of crypto only, for example: Bitcoin only, if you try to trade in several types of crypto, it will make you prone to losing, those are some of my crypto trading strategies/tips.

[$weetne$$]

This is ok but not a way to a better trading, there are unreliable insights and you might get confused if you will follow it.

If you're just learning how to trading, this can be a big help but if you already have the knowledge about trading then better to do it on your own and have a winning strategy at your own timeline and risk level.

After getting an insight from a trading community that you're a part of, you don't have to follow the insight blindly without doing your verification if the insights being shared is accurate. Insight can give you an idea of what to look out for in the trading charts or the market when doing your own research. Insight aren't signals that all you have to do is to follow the trading direction without doing any further research. Insight should make you want to do further research and this kind of help you to become better at trading. Some traders don't know what to look out for when doing their research therefore as they constantly keep getting insight it'll help make them better at doing research and having a successful trade.

[Peanutswar]

You know, trading strategies are the backbone of how any trader approaches the market. Whether you're into day trading or future trading, a good strategy gives you structure and a framework to make informed decisions.

Lately, I've been seeing the importance of community and shared knowledge around trading come up a lot. Sometimes the best insights come from discussing charts, setups, and market sentiment with other traders. Since I'm posting this, I'm sure you guys will have some tips to share that I can use to trade more wisely.

People have different ways to earn could be self-thought with the use of the internet, or through the experience of other people. Its ideal for me to have a community of traders so in that point you can seek information what are the good coins to trade and their current status, also you can have a discussions with them about your different analyses and predictions of the market, by this you help each other through your knowledge and experience but still at the end its your trade so your decisions.

[I_Anime]

Have you reason most people are called pro traders? Is not that they can tell the future of market movement and all that. Nah!!! They where ones newbie and they ones pass through this certain stage you passing now. The reason why most are being  classify as a pro trader is because of their principles in trading, like they always do proper research about a particular coin before trading it (most time those that focus in different varieties of coin) . And they know when to call it a day, most traders don't know that whenever they make some losses they always have this reckless drive in wanting to get that they have loss back with immediate act. Which may trigger them losing more, and also they are called pro because they know how to tackle their emotions and to manage risks to avoid them losing their funds during the process of trading. So with good practices and studying with some nice determination you can also be a pro trader.

[stomachgrowls]

You know, trading strategies are the backbone of how any trader approaches the market. Whether you're into day trading or future trading, a good strategy gives you structure and a framework to make informed decisions.

Lately, I've been seeing the importance of community and shared knowledge around trading come up a lot. Sometimes the best insights come from discussing charts, setups, and market sentiment with other traders. Since I'm posting this, I'm sure you guys will have some tips to share that I can use to trade more wisely.

I also take some insights from Bitget Insights and Binance Feed. Besides being great resources, I've noticed I'm earning a bit of $BGB for checking things out and interacting on the former exchange's Insights. It's a nice way to get a little something back while I'm learning. Don't you think it's a cool way to learn and earn at the same time?

Totally depends on you whether you are really that welcoming others ideas and experience for you to check out and would be applying into yours, but there are ones who would really be loving on going solo and would really be learning things on their own and discover for themselves but for me then it would be always best that you should really be trying out to make use of others experiences too and their own analysis too.
You arent that being told or force to copy them or you would be applying it into yours or you would really be that free on whatever things that you do.

Better trading would really be always mattering on the results that you are making. Other factors would really be needing for you to consider out because if you do find yourself not to be
that someone whose really that versatile on things then you wont really be finding yourself that progressive on which this is something not that much preferred i would say.

[puloweh555]

I agree with that, we will not lose anything if we share insight/knowledge with other people, in fact we will understand more about that knowledge, then the feedback we will receive will also make it possible for us to understand more about it so it is very likely that it will be enough. We will get many benefits if we share our insights with other people.
In trading, we actually have to have a community to share because alone we are not able to receive a lot of information or knowledge that will benefit us.

In essence, when we have a community and we get various information indirectly, our insight and knowledge will increase, our financial literacy will also increase. Analysis is important and we need to get as detailed information as possible from various sources in the community so that we can compare other people's strategies with the strategies we have so that we can make the right decisions when trading.

So from the question from the thread Is sharing insight the key to success in trading? The answer is of course, because the more we know and learn, the more success in trading becomes real, because we have a comparison between other people's strategies and the strategies we have.

[Viscore]

No one can actually say they became successful traders all alone without help directly or indirectly from other sources. Insights from reliable sources have been very useful to many traders who really know what they are doing. But, relying so much on insights is not good for the growth of any trader. Many traders fail because they blindly get help from just any source because they lack the knowledge to trade with high confidence without seeking validation from just any source. Insights are supposed to serve as reminders to use a certain strategy and not just as a working tool.

No matter how useful an insight is, every trader (especially newbies) should develop their skills and improve on themselves regularly by learning new ideas that can be used to form good strategies. It is very important for traders to gather lots of information so they can tell when an insight is useful or not.

Trading is not all about knowledge but most importantly, having the skills and potentials to trade. Although gathering insights is still a must in trading but we all know not all knowledgeable traders end up being successful and profitable in trading. They should prioritized developing and enhancing their skills and strategies, and carry out these strategies with patience and positive outlook on trading. So that even if they will face consistent losses on their first trades, they will not decide resorting into quitting as real winners in trading never quits in the process.

[mirakal]

You are able to introduce that bitget thing everytime you discuss some topics. I'd applaud you for that because it doesn't seem that it is noticeable.

As for shared insights from the community, it does help an individual but also, it might cause a panic to someone who's just reading those insights.

I think there are other users too who shill that exchange but they are way too obvious. I guess it's because their sentence are only short while this one here or every time the OP writes, isn't.

Even though it can also be considered as a shill but he is doing it carefully though I do not know if this is still not acceptable or not?

Anyways, on topic now, I am just wondering on why you said sharing insights can cause a panic to someone else? Is it like they are going to FOMO because the insights is too good? But, why not? As long as it's not hoax and then those listeners already have a good experience on how to use it, they will be just fine.

Sharing and learning from those insights, and eventually enhance trading skills is always a good thing in trading. You cannot share what you have not learned, and you cannot perform trading well without skills and experience in the market. Those who are in panic mode definitely do not understand the insights they have been receiving. They just trade without without proper comprehension and market analysis.

However, FOMOing is not new in the market most likely when others are shilling. But if you think you are FOMOing in good reason, and as long as you’ll trade for profits and not with losses, that will never cause a problem.

[justdimin]

You know, trading strategies are the backbone of how any trader approaches the market. Whether you're into day trading or future trading, a good strategy gives you structure and a framework to make informed decisions.

Lately, I've been seeing the importance of community and shared knowledge around trading come up a lot. Sometimes the best insights come from discussing charts, setups, and market sentiment with other traders. Since I'm posting this, I'm sure you guys will have some tips to share that I can use to trade more wisely.

People have different ways to earn could be self-thought with the use of the internet, or through the experience of other people. Its ideal for me to have a community of traders so in that point you can seek information what are the good coins to trade and their current status, also you can have a discussions with them about your different analyses and predictions of the market, by this you help each other through your knowledge and experience but still at the end its your trade so your decisions.

That is basically what this question is, it is not about me sharing with you, it's about me making a video and sharing it with hundreds of even thousands of people. This means that you do not have to take all of it as correct, but if you find even a small part of it as something that helps you out, then it would be quite well for you. I personally believe this without a doubt.

I think it's quite important that we get to do what we want to do and that ends up being the most important part. Just put out whatever you think, even if just a twitter account that very few people follows, put it out there, and if anyone can benefit from it then they can. Also, that's the part where you gift, there is also the part where you should look at what everyone is doing and get what you want out of it as well.

[bettercrypto]

You know, trading strategies are the backbone of how any trader approaches the market. Whether you're into day trading or future trading, a good strategy gives you structure and a framework to make informed decisions.

Lately, I've been seeing the importance of community and shared knowledge around trading come up a lot. Sometimes the best insights come from discussing charts, setups, and market sentiment with other traders. Since I'm posting this, I'm sure you guys will have some tips to share that I can use to trade more wisely.

I also take some insights from Bitget Insights and Binance Feed. Besides being great resources, I've noticed I'm earning a bit of $BGB for checking things out and interacting on the former exchange's Insights. It's a nice way to get a little something back while I'm learning. Don't you think it's a cool way to learn and earn at the same time?

Most people in this crypto community know that if we are new or if we want to become better traders, we must first know and learn the basics of trading. Let's learn to listen to and follow those who give good advice about trading honestly. Especially if it is for our own benefit in the future.

It's not easy to understand, that's true, but if we are determined to learn, nothing is impossible for us to understand it at the right time, that's for sure.

[JayTrain]

In general, I believe that exchanging experiences and knowledge in trading plays a crucial role in success. When traders discuss ideas and strategies, it helps everyone better understand the market and make more informed decisions. I also find valuable information on resources like Bitget Insights and Binance Feed, which not only educate but also reward for engagement. This approach allows not only learning but also earning, making the learning process more motivating and interesting.

[Miles2006]

The knowledge you acquire from such community can help  in your trading skill, insight class should always be an interactive one whereby you get different knowledge and strategies to benefit, trading is not difficult but it has some deeper strategy and sometimes if you lack the idea and strategy that's when you find trading difficult, the ability to accumulate the knowledge and insights shared determines your progress, people who share different ideas about trade are just humans like everyone and they give their ideas and predictions willingly in discussions for newbies to learn and during such class newbies should also be interactive to learn fast

[Kelvinid]

The knowledge you acquire from such community can help  in your trading skill, insight class should always be an interactive one whereby you get different knowledge and strategies to benefit, trading is not difficult but it has some deeper strategy and sometimes if you lack the idea and strategy that's when you find trading difficult, the ability to accumulate the knowledge and insights shared determines your progress, people who share different ideas about trade are just humans like everyone and they give their ideas and predictions willingly in discussions for newbies to learn and during such class newbies should also be interactive to learn fast

In fact, even experts and old timers still continue acquiring knowledge, gaining ideas from other successful traders, and improving their skills because it is necessary. This means that it was an effective strategy to improve our trading performance. That is why we don't assume that we are knowledgeable already or think that we are good enough but rather think that we need to acquire new ideas and learn new things because the market movement has also changed. We did this because that is the thing we are supposed to do. Otherwise, we just limit our achievement which in fact, there is a way we can improve it more.

[tygeade]

The knowledge you acquire from such community can help  in your trading skill, insight class should always be an interactive one whereby you get different knowledge and strategies to benefit, trading is not difficult but it has some deeper strategy and sometimes if you lack the idea and strategy that's when you find trading difficult, the ability to accumulate the knowledge and insights shared determines your progress, people who share different ideas about trade are just humans like everyone and they give their ideas and predictions willingly in discussions for newbies to learn and during such class newbies should also be interactive to learn fast

In fact, even experts and old timers still continue acquiring knowledge, gaining ideas from other successful traders, and improving their skills because it is necessary. This means that it was an effective strategy to improve our trading performance. That is why we don't assume that we are knowledgeable already or think that we are good enough but rather think that we need to acquire new ideas and learn new things because the market movement has also changed. We did this because that is the thing we are supposed to do. Otherwise, we just limit our achievement which in fact, there is a way we can improve it more.

That is how you stay fresh, if you learn something at one point and never improve yourself ever again, you are going to end up losing money and that doesn't make sense at all. However, if you are talking about making money from trading, then you should keep on improving and getting better as well, that's just the way you should be going.

I personally believe that the best thing to do in this case would be making sure that you are dealing with something that may make you some money, and in order for you to do that you need to find whatever it is that the highest new technology offers. Like for example if everyone starts to use AI to make more money, you can't just ignore it, that's not how it works, you still need to learn it.