Is sharing insights the key to better trading?

[nurilham]

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.

Joining a community and sharing insights there are good ways to improve our knowledge in trading. However, we must have the basic of trading knowledge first before we are sharing insights there. If we have lack of the basic of trading knowledge, sharing insights won't impact much. It is because we must be confused which one should implemented for our trading. When we are sharing insights, there must be too many suggestions or tips for trading. As a trader, we must understand that it is not a must to apply all the strategies in trading, just choose the strategies that fit with our trading style.

[Assface16678]

You can call it "community trading," meaning you are trading based on what you have learned or what you have gained in the community you are in. In that community, many traders are sharing their analysis and insights into the market. From there, you can formulate or plat your technical analysis of the market or you can follow what other's TA are there. It is a very good way to learn in trading, especially if the community is lively and many people or traders are very accommodating with beginners in trading, and also if that community is healthy. Well, it's hard to find a community like that, but if you can find one, then take that opportunity to learn a lot and at the same time earn. If you can take advantage of that, then you could become an expert in terms of trading. You just need to absorb all the ideas and knowledge you can get from the community.

[freedomgo]

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.

Joining a community and sharing insights there are good ways to improve our knowledge in trading. However, we must have the basic of trading knowledge first before we are sharing insights there. If we have lack of the basic of trading knowledge, sharing insights won't impact much. It is because we must be confused which one should implemented for our trading. When we are sharing insights, there must be too many suggestions or tips for trading. As a trader, we must understand that it is not a must to apply all the strategies in trading, just choose the strategies that fit with our trading style.

While it’s a good idea to share and benefit from shared insights, it’s also a must to educate yourself first and make sure you’ve gained already the basics in trading. That way, even if you benefit ideas from the trading community, you can also make your own analysis at the end of the day. Learn from others trading ideas and strategies but have your own final touch, at least you can increase your chances of profiting from your trades.

[$weetne$$]

You can call it "community trading," meaning you are trading based on what you have learned or what you have gained in the community you are in. In that community, many traders are sharing their analysis and insights into the market. From there, you can formulate or plat your technical analysis of the market or you can follow what other's TA are there. It is a very good way to learn in trading, especially if the community is lively and many people or traders are very accommodating with beginners in trading,

I won't use others technical analysis to trade but I can compare their analysis with mine and learn to improve if my isn't better. Using others analysis can be  bad because you don't know if they're good at what they're doing. In a community we'll always have fakers that aren't good but just joining the community. I don't think community trading exits anymore as what I see everyday is channels sharing signals to their subscribers and not a group where traders can join to share strategy and improve each other. Sharing insight is a good way to trade because you can research and learn more but also being solo can help you too because when you do your analysis and it doesn't go as expected, you can know where the problem is coming from and learn to improve because it's your analysis.

[hugeblack]

I did not know that there is a reward for browsing Bitget Insights and Binance Feed. If it is possible to earn money while you are browsing, this is good, but usually the return is very low, so I recommend to you the importance of developing yourself. I have not read any article on Bitget Insights, but the data from Binance Feed is very basic and is often after a change in the market, so as a trader it may not be of much use to you, but for those who want to analyze the news and use it in future predictions, it is useful.

[R1dwanRz]

If there's a way to learn and earn at the same time, of course it's good one since it's free money after all.
The idea of sharing insights is fine, as long as you are talking to someone who can give you the right information and not just to tell you what to buy. There's a risk here if you will just follow their suggestions or insights, to avoid being trap into any project its advisable to do your own research as well and with this, you can learn faster.

Bro, insights are definitely part of the learning journey, and there are lots of ways to earn free money, just like you said.
There's 'Learn to Earn', earning through following insights, and many other ways to get some tokens. Which I don't miss them since they can be more valuable in the future while holding the tokens.
And to be honest with you, I also always verify my information through Googling, Bing, sometimes even official crypto communities on Discord/Telegram.. It's not that hard for me if I have right friends and right communities. But thanks for your advice, cuz I also urge all to see this message that we all should not only rely on one source but multiple sources as more social media..

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?

Whats BGB? Is this is some sort of subtle shill about it? Well I assume this isnt connected or related to your mentioned exxhanges. Trading is different from investment where you can earn on short period of time. Likewise most investment gets appreciated on the long term or if the price is extremely high already.

BGB is a native token of bitget exchange, just like similar to Binance's BNB token. You'll see there's lots of usecases in exchange native tokens, such as participating in launchpool, launchpad, discount in trading fees and many more mate

[Iamcrypticguy]

I did not know that there is a reward for browsing Bitget Insights and Binance Feed. If it is possible to earn money while you are browsing, this is good, but usually the return is very low, so I recommend to you the importance of developing yourself. I have not read any article on Bitget Insights, but the data from Binance Feed is very basic and is often after a change in the market, so as a trader it may not be of much use to you, but for those who want to analyze the news and use it in future predictions, it is useful.

I did a quick research about this and seems it's a new development that'll run through till March. I also found this, you can check it out https://www.bitget.com/insights/posts/171454

[Patrol69]

Before trading we should plan in advance how we will trade. There are usually several types of trading, we should choose which trading is safe for us and which type of trading we can comfortably do. Before planning what kind of trading to do, we need to be sure how much we understand about the business. Before doing any kind of trading we need to get enough knowledge about the business and after getting enough knowledge about the business we have to choose any trading medium based on our trading skills.  
For a new trader I would always say that you start your trading journey with spot trading first rather than taking up futures trading in the beginning. Starting your trading journey with spot trading will increase your trading skills which will help you in future trading.

[Questat]

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.

I agree, that the shared trading strategies of many successful traders help you think how important it was. But the question is why some traders have never been successful even following experts or successful traders. Maybe you are right that it was the backbone of trading but so many factors affect the end result of our trades - emotions and behaviors. Perhaps, these things cause major losses for many traders and even those having deep knowledge of trading but if we have been influenced by our emotions and bad behaviors, we ain't go far but end shortly.

[Natsuu]

It may not be for everyone but I think it helps. Think of it like making your own trading style. It's about figuring out what works best for you like how much risk you're comfortable with, how much time you want to put in and what you want to achieve. Joining a community and using platforms is like getting tips from friends in the trading world. It's all about finding your groove and making trading work for you

[GeorgeJohn]

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.

Joining a community and sharing insights there are good ways to improve our knowledge in trading. However, we must have the basic of trading knowledge first before we are sharing insights there. If we have lack of the basic of trading knowledge, sharing insights won't impact much. It is because we must be confused which one should implemented for our trading. When we are sharing insights, there must be too many suggestions or tips for trading. As a trader, we must understand that it is not a must to apply all the strategies in trading, just choose the strategies that fit with our trading style.

some certain things most of us don't understand in in this community this community is a knowledge transmitter and whosoever that is in this community will understand the procedures and the beginning of Bitcoin and other things that is to the community of Bitcoin so therefore it is admirable that if you pay attention in this community we will understand things that is unknown to us because the absence of this forum is to impact knowledge to one another.

So for you to understand what you don't know in this community is based on observation and the seriousness that is the only elementary condition that you can use to know what you don't know in this community especially trading strategies in which most of us who come to the community of bitcoin talk go into, when we read previous discussions in this forum, we will see the diagram in which previous people use to perfect their business in Trading so it is left for anyone who is interested or who is curious in Trading to understand techniques of trading through this forum before venturing into it fully.... in summary observation is the key to understand threading the research is the second option to understand trading

[Lakai01]

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.

I agree, that the shared trading strategies of many successful traders help you think how important it was. But the question is why some traders have never been successful even following experts or successful traders.
[...]

The answer is actually quite simple: the best strategy is worth nothing if you don't know how to implement it. Above all, trading requires very good risk management and very good self-control. In my opinion, the trading strategy itself even plays a subordinate role, but it definitely does not determine whether a trader is successful or not. If that were the case, bots would be unbeatable in trading - but they are not.

What's more, anyone can buy ready-made trading strategies on the internet. Clever salespeople even offer courses that make their customers "even more successful". In these courses, however, you quickly learn that it is not the trading strategy that decides whether you win or lose, but you yourself.

[Iamcrypticguy]

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?

I did not know we could earn BGB the native token of Bitget by engaging in the insights, I actually don't wonder in insights sections of exchanges, I think not everything shared there is validated, as many scammers and manipulators will try to share some news that is only meant to spread FUD and create FOMO among users. That's why I used to say we should Do Our Own Research (DOOR) even if we want to engage in such sections, we should not forget to DOOR.

Self Analysis is what makes you more confident and if you are confident then you are good to go in trading mentally as well because trading might break one's mental health if done in the wrong way, therefore knowledge is what every trader needs before starting it, and knowledge will build confident and confident will make mental health more strong and make you more bearable.

PS: How much BGB you make by engaging in the insights of Bitget exchange? Can you disclose, I want to make an idea of how much it worth spending time there.

I believe in terms of insight, you won't make more from it if you don't have the basic trading knowledge yourself, so it's imperative to develop your skills before looking for insight.. in this case, insight becomes more of a support not something to live by, to your other question, the the bitget exchange insight thingy is kinda new and rewards are distributed weekly from the research I made.. I shared a link earlier that I found that could be of help..

[Chibaba]

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?

Whats BGB? Is this is some sort of subtle shill about it? Well I assume this isnt connected or related to your mentioned exxhanges. Trading is different from investment where you can earn on short period of time. Likewise most investment gets appreciated on the long term or if the price is extremely high already.

Maybe what the OP means by BGB is a token from the Bitget wallet. I don't know for sure whether Bitget provides free tokens to those who interact via Bitget Insights. but there seems to be someone sharing something like analysis or more on trading signals from fellow members.
again I don't know for sure if he got free tokens from his activity on the exchange or their wallet.

I think the OP was refering to this event https://www.bitget.com/insights/posts/171454 and tbh it's worth participating cos BGB seems to be among the top 3 exchange tokens that we could keep a close tab and it's also not not a wallet token but an exchange token.

[Russlenat]

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.

I agree, that the shared trading strategies of many successful traders help you think how important it was. But the question is why some traders have never been successful even following experts or successful traders. Maybe you are right that it was the backbone of trading but so many factors affect the end result of our trades - emotions and behaviors. Perhaps, these things cause major losses for many traders and even those having deep knowledge of trading but if we have been influenced by our emotions and bad behaviors, we ain't go far but end shortly.

Trading strategies and insights will always be helpful most particularly to novice traders. They need to see and hear it most often so that their motivation to trade and be successful on it will stay high. However, being a trader is not only concern with knowledge and development of skills and strategies, being patient and being in controlled of emotions also contribute a bigger outcome in trading. Without these, trading seems to end up like gambling wherein losses and mistakes will always be inevitable.

[boty]

It may not be for everyone but I think it helps. Think of it like making your own trading style. It's about figuring out what works best for you like how much risk you're comfortable with, how much time you want to put in and what you want to achieve. Joining a community and using platforms is like getting tips from friends in the trading world. It's all about finding your groove and making trading work for you

Yes, of course this really depends on a person's personality, but it will be very profitable if we can do this because we can find out whether the techniques we use for trading are good or not and we will also be able to find out how much knowledge we have. trading that we have mastered and will be able to increase our knowledge about trading from sharing these insights.

If we can join a trading community, of course we will be able to gain knowledge from other members and we can also share what we have mastered well in trading, of course this is very useful for ourselves and also our friends in the community.

[Volimack]

For trading you can gain some knowledge from sharing but own skills are more essential. We all know that there are risks involved. If you do market analysis by yourself you will know the updated information along with the signals of the trade market making it easy to be profitable in trading. Not everyone has the same intelligence for trading. Other's tips can fail many times analyzing trading strategies by yourself is the right decision.

[justdimin]

It may not be for everyone but I think it helps. Think of it like making your own trading style. It's about figuring out what works best for you like how much risk you're comfortable with, how much time you want to put in and what you want to achieve. Joining a community and using platforms is like getting tips from friends in the trading world. It's all about finding your groove and making trading work for you

Yeah correct, fine tuning your own trading setup would be the most important thing for any trader in the world, and there is really nothing else that we can do about it, we have to end up being a lot better eventually about this and that would only be done by finding what works best for us. I know that it is not going to be easy to find our best method, because it takes months even maybe years to perfect it to our liking but that doesn't mean that we are going to be able to do it easily. So, we should definitely find a way to do it one way or another.

This is why I believe that we are going to end up with a much better trading if we could just learn from others and take parts of it to ourselves and combine everything together to make a mixture of it all.

[Mpamaegbu]

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.

[God bless u]

It's the best that can happen if you can seriously learn and earn at the same time but in most cases it's almost impossible. In the learning phase you make a lot of mistakes and with mistakes you can't earn much profits.Failure are the biggest lessons that lead to profits and they come in the learning phase.

In trading you have to get the Insights some experts advice and then with a small investment you can start to experience the market then you come to see where you got wrong. first research and then slowly you get the experience and learning phase continues after some time you'll notice that most of the your investments will come out richer. The roadmap is simple learn failure and then earn of course with some exceptions.