A reason you should be careful comparing your trades.

[Coin_info]

If there are two traders who are on the journey of learning to trade, it has its pros and cons, and some of the pros of it is that you both keep yourself motivated through the learning journey such that one person is not discouraged from how difficult the process is from knowing nothing about trading to becoming a profitable trader.

But during the learning process one major thing that you should know is to be careful comparing your trades, that is comparing your trades with someone who is already successful in trading or even comparing your trades amongst yourself. While it may sound like a good thing to do, the danger is that even if you are doing the work to learn, it can build up a lot of doubts about your strategy and your learning pattern, you may begin to think that because you are not seeing results currently, the strategy line that you're learning is not functional when in fact it is.

Are you feeling stuck in trading due to your strategy? The person you are thinking their strategy is working, may have a strategy that is not sustainable. While it is important to be able to unlearn and learn something you should be able to understand also sometimes that your strategy is not working because you have not gone deep enough in the mastery of it.

[EL MOHA]

Both group learning or group trading and Solo learning and Trading has its own advantages and disadvantages. One thing is clear learning with a group keeps you motivated and going that’s it but seriously you need to be more Solo in your trading most especially picking a strategy because a trading strategy is just like picking a financial plan it shouldn’t be same as anyone else, one shouldn’t copy another person.

My reason is some strategy are actually more risky than others and we all have our own risk tolerance, there are some people that can manage the handle risk or panic well and there are some that cannot go through that stage so using someone’s strategy will be definitely affecting your risk tolerance.

As for others strategy working and yours not working, every strategy in trading works even Normal support and resistance strategic works too

[Webetcoins]

Yeah, if you do compare yourself to others then you are going to end up with a lot trouble because they already know what they are doing. That is a very important questionable thing and that's the very crazy stuff.

Think about it, it's like shooting a basketball, and hoping to be similar to Lebron James, you can't, even other professionals can't, so it is not going to work out at all.

That is the most obvious part, you should be you can't do that and you should be aware of the situation and be better with time. But you should never compare to others, that is the complicated issue.

If you can do that, then you are going to make a lot of profitable if you just focus on comparing yourself to your own yesterday instead of others.

[BABY SHOES]

Never compare your own trading with others, especially those who are already pros because it's not comparable... they are already skilled in trading while I am still learning to understand all the skills required.

There’s no reason to compare yourself to others... as long as you’re still learning you can become a professional trader as long as you keep honing your skills especially in risk management because this is important it’s not just about technical skills.

So trading requires skill and patience... the key is not to be greedy.

[WatChe]

Both group learning or group trading and Solo learning and Trading has its own advantages and disadvantages. One thing is clear learning with a group keeps you motivated and going that’s it but seriously you need to be more Solo in your trading most especially picking a strategy because a trading strategy is just like picking a financial plan it shouldn’t be same as anyone else, one shouldn’t copy another person.

My reason is some strategy are actually more risky than others and we all have our own risk tolerance, there are some people that can manage the handle risk or panic well and there are some that cannot go through that stage so using someone’s strategy will be definitely affecting your risk tolerance.

As for others strategy working and yours not working, every strategy in trading works even Normal support and resistance strategic works too

Group learning is far more beneficial then solo learning just like group study in college help student in learning. As far as trading is concerned it's better to do it solo once you have develop some understanding of trading. In trading, what works for other may or may not work for me that's why every trader has it's own strategy which he follows. Developing a trading strategy is not a straight forward job because it require you to spend time in trading until you fully understand that domain.

[Mrbluntzy]

As long as it has advantage, it will also have disadvantages but I don't expect the disadvantage to be bad in terms of comparing each other's trade because these two people can be practicing and learning just exactly the same strategy but one of them can be doing better than the other and if that is the case, it will be obvious among them that one person will have more winning trades than the other. So, there's room to learn and compare your trade to the person that seems to know more than you. Group learning can be very helpful but has  other disadvantages like misunderstanding, trust problems.

[batang_bitcoin]

It is hard to remove when you're looking at the winning trades of the others. While their strategy works and not yours, a question will come out of your mind and will ask yourself why. It's normal and looking where you could have been better and using their trades as inspiration is the normal approach to it. But if you keep on leaning on the comparison, it won't help you become better. You have to move on and just look at those trades as your reason why you need to be better because if they can, you can win also.

[Odogwu-Blockchain]

Are you feeling stuck in trading due to your strategy? The person you are thinking their strategy is working, may have a strategy that is not sustainable. While it is important to be able to unlearn and learn something you should be able to understand also sometimes that your strategy is not working because you have not gone deep enough in the mastery of it.

Feeling stuck in other areas of life too, not only in trading. It mainly happens too in the other field you may be doing newly, it may be happening well with others that are doing the same thing with you but it seems yours not moving forward, that feeling drained heavily which causes decline in self confidence and balance. If a trader experience such then he should consider doing other things or keep courage of still continuing till positive outcomes.

[alastantiger]

Are you feeling stuck in trading due to your strategy? The person you are thinking their strategy is working, may have a strategy that is not sustainable. While it is important to be able to unlearn and learn something you should be able to understand also sometimes that your strategy is not working because you have not gone deep enough in the mastery of it.

The problem here can be that you're using someone else strategy that's working for them but not suitable for you. There are many strategies to use in trading, look for the one that's going to work for you then master it instead of depending on others. When you notice that none of the strategy is working for you which I doubt can ever be the case then you'll need to stop trading and look for other ways to make money.

Comparison can help you understand the market better and it can also lead you down the path of losing hence you should be aware of the things you're doing and how it's having an effect on you. As a trader, all you should concern about is how to make profit from the market and this should involve you changing strategies that aren't working for you and mastering those that's giving you a good result always hence there's not stopping to learn as you'll have to be learning every time.

[Mpamaegbu]

While I endorse traders being in groups with other traders, I don't advise they should copy one another's trades. They can review trading strategies but not copy trades. My reason for maintaining that stance is because trading psychology and temperament differ. An intra-day or day-trader who emulates trades from a scalper will definitely crash and burn their accounts. It's the same thing vice versa.

As a trader, I started off as a scalper before realizing it wasn't suitable for my temperament. That was after several blown accounts. I like it gradual. Nothing now makes me go back to scalping. That isn't to say I can't close trades within few minutes of opening them. But to intentionally want to rush in and rush out, I won't embark on that. No matter how juicy a scalper's strategy is and high their winning rate is and they're throwing it at me, I won't be moved.

[BitMaxz]

You are not improving if you don't learn from the strategy you are practicing and if you start comparing why other strategies are profitable and yours are not, you end up losing confidence in your strategy and might end up switching to another strategy and following the strategy from that guy.

If keep doing that, you can't find a strategy that works for you.

That is why if you choose a strategy, stick with it, optimize, and adjust it because all strategies work. You don't need to use advanced strategies like ICT and SMC; the simple trick is to know what the structure is and how the structure is being built and then support and resistance.
Don't make it complicated since we already have indicators that help us analyze the market and use that to improve your strategy. If you keep changing strategy you can't get the good result in the end.

[Coin_info]

Are you feeling stuck in trading due to your strategy? The person you are thinking their strategy is working, may have a strategy that is not sustainable. While it is important to be able to unlearn and learn something you should be able to understand also sometimes that your strategy is not working because you have not gone deep enough in the mastery of it.

If a trader experience such then he should consider doing other things or keep courage of still continuing till positive outcomes.

I believe keeping courage is the way to succeed in trading because almost every trader came to some point where they felt stuck in trading and for some of them what helped them through was the motivation they got from trading with others, others is the encouragement from their mentors etc, I just feel that if you want to become successful in trading you must be ready for any challenges that come, you must be ready to fill stuck to make progress.

[justinlamode]

I don't think there is anything wrong with group learning, it is even one of the fastest way to learn trading because you will be able to see what others are trading and see if you are doing it correctly or not since everyone will be sharing their charts. I belong to some trading groups and it has been helpful in my trading journey.

[mirakal]

During the process, you will lose before you earn. You struggle first, before we see the light of success. And this is the biggest challenge for everyone, especially for beginners. Those who think making a profit is easy will always fail. Why? That is because of the lack of preparation.

We have to know that trading is not something we can do easily. We could lose our money right away for the mistake we made. That is why proper knowledge and skill play a big role here. We can't simply ignore it due to the fact that this affects the outcome of our trade.

[tbct_mt2]

During the process, you will lose before you earn. You struggle first, before we see the light of success. And this is the biggest challenge for everyone, especially for beginners. Those who think making a profit is easy will always fail. Why? That is because of the lack of preparation.

We have to know that trading is not something we can do easily. We could lose our money right away for the mistake we made. That is why proper knowledge and skill play a big role here. We can't simply ignore it due to the fact that this affects the outcome of our trade.

Preparations are important, vital and necessary for success as if lack of proper preparations, people will invest or trade with lack of knowledge, good strategy, capital readiness, weak mentality so even they purchase bitcoins with cheap prices than many other people in the market, they will panic sell or get liquidation in market correction, washout or crash.

With enough necessary preparations, people invest or trade with money they are afford to lose, and they have good strong mentality to hold their positions in chaotic times of market and can avoid liquidations too.

They also know that if they are in trading, they must use stop loss order.
One of the best weapons in trading.

[yhiaali3]

Personally, I haven't tried group trading and I prefer solo trading.
There may be some benefits to group trading, such as motivation and learning from others' experiences and mistakes, but there are also some downsides such as imitating without knowledge and making the same mistakes.

I like sharing my experiences with others and learning from theirs so we can both identify our strengths and weaknesses and avoid mistakes, but at the same time, I don't compare my trading to anyone else's and I prefer to trade alone.

[AYOBA]

But during the learning process one major thing that you should know is to be careful comparing your trades, that is comparing your trades with someone who is already successful in trading or even comparing your trades amongst yourself. While it may sound like a good thing to do, the danger is that even if you are doing the work to learn, it can build up a lot of doubts about your strategy and your learning pattern, you may begin to think that because you are not seeing results currently, the strategy line that you're learning is not functional when in fact it is.

For someone to compare himself with the person that has already been successful in trading is not a good idea. Because this person that he/she sees that is already successful knows a lot about the trading, and that’s why the person that just started a journey should not compare himself with him; if not, they’re going to lose the money that they didn’t expect in the trading market.

Because one thing about the trading is that each and every one who is into trading has their own strategy. It may be that if you try to follow the same strategies that another person goes through and becomes successful with, yours might fail, which is why it is good for someone who has an interest in trading to build himself a with his own strategies by learning and understanding about the trading.

[cryptoaddictchie]

Trading is a personal journey, and while having someone to learn with can keep you motivated, too much comparison can hurt your progress. Dont try to cheat yourself and make you believe that it will be okay. If you make mistake its fine. Everyone learns at a different pace, and what looks like a working strategy for someone else may not even be sustainable long term.

Instead of doubting your process, focus on mastering your own strategy, going deeper into understanding it, and giving it enough time to prove itself. Consistency and patience often make the difference between quitting early and becoming truly profitable. I know its hard but theres not much choice to move forward right?

[Adams0001]

I don't think there is anything wrong with group learning, it is even one of the fastest way to learn trading because you will be able to see what others are trading and see if you are doing it correctly or not since everyone will be sharing their charts. I belong to some trading groups and it has been helpful in my trading journey.

Sure, Many people have been successful on learning through online groups. Many mentors always open group to guide people on how to trade and he is helping others to learn fast sometimes. And some usually prefer along to learn then in public. Anyone knows what works for them if you try to compare your self with other traders, that will definitely make you lose alot of funds on your trading journey. Let us focus on what we perfect on. if we try to compare our trading strategy with some traders that will not helpful sometimes. Is good to have different strategies, so that if this one didn't work for you another one can probably possibly and you will surely get profit at of it. But know that anyone lose in trading even you didn't compare your self with other when the market is bad he will surely affect you and make you lose. so just believe on your self and continue learning and try to focus on one aspect that you think will probably ok for you, if you didn't understand some people Analysis just don't try to do it if you don't want to lose your money easily.

[Gozie51]

Are you feeling stuck in trading due to your strategy? The person you are thinking their strategy is working, may have a strategy that is not sustainable. While it is important to be able to unlearn and learn something you should be able to understand also sometimes that your strategy is not working because you have not gone deep enough in the mastery of it.

So don't you think this point is reasonable enough to compare and learn new things about trading and see what steps you are not taking rightly. If you are having challenges in your trade then you need to reach out to other trader who is doing better in profit that you have seen by yourself. You don't compare just to be jealous but you compare with positive mindset to learn and relearn so that you can be better.

For me, I don't think there is anything wrong with comparing one's trade with someone else. It helps you to understand your mistakes and start doing better in your own strategy or a new adopted strategy from the other trader. There are some benefit in it instead keeping quiet and lavish in losses. Take for instance, some traders don't understand that good money management is key to staying in the market, but they risk more than their account and lose their capital.