A reason you should be careful comparing your trades.

[MarjorieZimmermanGinger]

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.

We can do several ways to assess the strategy not go well and if it is felt not to meet expectations then we should be able to test the location of the error. Every trading strategy is the same but not everyone is suitable for use because sometimes the strategy does not go well when implemented. It could be not the wrong strategy but a person's way of understanding strategies that are not able to run properly or in other words mastery of the strategy that is not correctly understood.

[slaman29]

Just wanted to say I saw nowadays a lot of AI tools that supposed can backtest your strategy on their platform.

It seems to me you can also use it compare your trades versus other strategies.

Like others say tho it can still be filled with errors and can still only show you some variations if you test it on different platforms. Never use the results as a fixed data

[o48o]

Just wanted to say I saw nowadays a lot of AI tools that supposed can backtest your strategy on their platform.

It seems to me you can also use it compare your trades versus other strategies.

Like others say tho it can still be filled with errors and can still only show you some variations if you test it on different platforms. Never use the results as a fixed data

I am skeptical, because word "AI" is used loosely for basically anything, and people are believing the results, even though they don't understand how they come to be. Like ChatGPT are just glorified word prediction tools that just invents stuff if there's not real data available.

Aside from all that, i haven't used any fancy tools for trading for a while, and i am kinda interested on how does this backtesting works. Can you give some sites and do they have free trials? You can give urls you are using by PM, if you are uncomfortable post them here.

[SOKO-DEKE]

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.

In fact, it's much easier to learn trading when you are in a group. Learning trading alone is really difficult, and it will take a long time before someone becomes a successful trader. But when someone learns trading in a group, it makes people take it more seriously because of the motivation that comes from being around others. For example, seeing someone succeed can make you more determined to learn. As you mentioned, when learning with a group, people share ideas, and from there, someone can catch up more quickly. However, one thing to keep in mind is that you shouldn't always depend on others' strategies. When learning in a group, it's important to develop your own strategy.

[Nahl]

In my opinion those who always be compared their trading results with the other because they want to be a success in trading for short term i think this is not good because to being an good traders it took a long process and every traders has their own skill to achieve that process and i have been spoke to a professional trader few months ago that he said just be confident with your current skill because one of require thing how to became an good trader is be a confident what you gets achieve currently and never compared your trading results to other traders because every people have different skill how to trade but you can see the results of other traders for the motivation and learning

[Kelward]

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.

I don't think that there's anything wrong with comparing your strategy with others if you're a newbie because you're on a learning process. If your strategy is not effective you can compare with others and learn from them to see maybe you're getting it right or not. You can't be doing the same thing and expect a different result so learning from experienced traders can be very helpful, they will mentor you. It is when you become a professional trader that you can decide not to compare your trade with anybody because already you have gained experience. Trading is hard and you can try different strategies until you find the one that works for you.

[daxkie]

That’s a solid point. Comparing trades can really mess with your mindset if you’re not careful. What most new traders don’t realize is that trading is highly individual, your risk tolerance, capital size, time availability, and even personality all play a big role in shaping your approach. When you start looking at someone else’s results, you might be tempted to abandon your own system too early just because their numbers look better. But what you don’t see is the full picture: maybe they’ve been at it for years, maybe they’re using way more capital, or maybe their strategy has risks that haven’t shown up yet.

The healthier comparison is with your past self. Are you managing risk better than you did three months ago? Are you more disciplined with entries and exits? That kind of progress matters more in the long run than trying to match someone else’s trades. If you stick with your process, refine it, and stay consistent, the results will eventually show. Trading’s a marathon, not a sprint.

[NFTGamerToken]

Comparing yourself to other traders can hurt more than it helps, because everyone is at a different stage and uses a different approach. What looks like success for someone else might not actually fit your style, and if you keep chasing their results you can lose focus on your own progress. It’s better to just track your own growth, look at how you handle risk, how disciplined you are, and whether you stick to your plan. Trading takes time to master, so patience with your own journey is more valuable than copying or competing with others.

[programmer3666]

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.

We can do several ways to assess the strategy not go well and if it is felt not to meet expectations then we should be able to test the location of the error. Every trading strategy is the same but not everyone is suitable for use because sometimes the strategy does not go well when implemented. It could be not the wrong strategy but a person's way of understanding strategies that are not able to run properly or in other words mastery of the strategy that is not correctly understood.

Like a whole lot of traders fall into the trap of comparing themselves with others without realizing that every strategy has its own strengths, weaknesses and even timeframe. what works for someone else might not work for you because of differences in risk appetite, capital, patience or even market conditions. i think instead of chasing another persons approach, it is better to focus on improving your own by constatntly testing , adjusting to the market and monitoring coins with sure liquidity and understanding where you are making mistakes. sometimes the problem is not even the strategy but the discipline and consistency in applying it. trading is more about long term mastering than copying what looks good in the short term.

[Ziskinberg]

While trading comparison may sometimes be unavoidable, but if you know your own value and capability as a trader, you will realize that comparing such trades isn’t a healthy one but will only lead into emotional distraction and lost of focus. Just stick to what you can do in trading and how far you can go with it, by boosting your own interest and growth on your trading career without leaving some criticisms to other trades.

Trading is an individual skill that could become your best asset later on, without minding others how they will work on their trades.

[Rgram]

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.

Without having to think at the same frequency that you would be seeing this, I would say, the idea of having to compare is drastically wrong. It might lead to some realization of what steps one might be taking that lead them to not have profitable trades to learning other strategies used by friends and colleagues to archive some good success rate in trading.

Comparing could create a tensed environment which could lead to competition and that could result in traders not having to do detail analysis before taking trades which and have failed results more often. Seeing it for a learning curve would be much better.

[Lanatsa]

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.

Without having to think at the same frequency that you would be seeing this, I would say, the idea of having to compare is drastically wrong. It might lead to some realization of what steps one might be taking that lead them to not have profitable trades to learning other strategies used by friends and colleagues to archive some good success rate in trading.

Comparing could create a tensed environment which could lead to competition and that could result in traders not having to do detail analysis before taking trades which and have failed results more often. Seeing it for a learning curve would be much better.

Comparing trades can be a dangerous trap especially for beginners it might feel natural to look at someone else’s results and measure yourself against them but trading is not a level playing field people have different amounts of capital different levels of experience different risk tolerance and even different emotional control so the comparison usually doesn’t make sense.What often happens is that when someone compares too much they start doubting their own strategy even if it’s something solid that just needs time to show results that doubt can push them to abandon their system too early or keep jumping from one strategy to another without ever mastering any of them and in trading inconsistency usually leads to losses.

It’s true that learning from others has value you can study what works for them and maybe take ideas that fit your style but making it a competition or feeling pressured by their wins creates tension and leads to rushed trades with little analysis that usually ends badly.The healthier way is to see trading as a personal journey everyone has a different pace and process if you focus on your own growth and treat mistakes as lessons instead of proof that you’re failing then over time your skill and consistency will grow comparing yourself to your past self is far more productive than comparing to someone else’s highlight reel.

[Perfectbaby]

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.

One other very important thing I have to add here is that whenever you are trying to explore or deploy another strategy from someone else, it could be your mentor you could first watch their trading size and their fundings I mean, their equity they are using to trade it could be that whenever such strategy is deployed due to your balance you may not be able to sustain that such positions for long before getting liquidated, therefore, before deploying any trading style we should first know our capacity based on our equity to trade.

[slaman29]

Just wanted to say I saw nowadays a lot of AI tools that supposed can backtest your strategy on their platform.

It seems to me you can also use it compare your trades versus other strategies.

Like others say tho it can still be filled with errors and can still only show you some variations if you test it on different platforms. Never use the results as a fixed data

I am skeptical, because word "AI" is used loosely for basically anything, and people are believing the results, even though they don't understand how they come to be. Like ChatGPT are just glorified word prediction tools that just invents stuff if there's not real data available.

Aside from all that, i haven't used any fancy tools for trading for a while, and i am kinda interested on how does this backtesting works. Can you give some sites and do they have free trials? You can give urls you are using by PM, if you are uncomfortable post them here.

Yeah, AI is the new dotcom or the new blockchain. Revolutionize everything. I'm glad I don't go on social media anymore I dread to read the AI posts there when I see already quite a lot on forum and other places.

I am NOT against AI I was using it years ago for things like transcribing meeting notes or using it to help organize my inbox. Basically. Chores.

But people use AI because of the 'intelligence' and then are so dumb to take everything like the algorithm thought about it better than them. I see my colleagues emails now so terrible to read. Better English but worse content.

Regarding links I prefer not to advertize but you can google AI trade backtesting and see

[RockBell]

In my opinion those who always be compared their trading results with the other because they want to be a success in trading for short term i think this is not good because to being an good traders it took a long process and every traders has their own skill to achieve that process and i have been spoke to a professional trader few months ago that he said just be confident with your current skill because one of require thing how to became an good trader is be a confident what you gets achieve currently and never compared your trading results to other traders because every people have different skill how to trade but you can see the results of other traders for the motivation and learning

And people that have that kind of behavior don't go far when it comes to trading because at this point just learn and do your thing and there times that you make mistakes and you learn as and there is one thing about trading the more you trade the more experienced you become so there is need for consistency and another thing is that there is no problem learning from other people's trade.

Because the truth is that you can not be the best and learning from others is constant but now things seems to be different but because we keep learning new new things everyday so the only challenge will now be are they ready to actually learn or they just want to make money.