Learning and getting support from others: The Power of Community

[Phoenixtrader]

Most traders I see make things too complicated. They add more indicators, more rules, and end up confused. I chose a simpler path and focused only on the basics. Price action, supply and demand, liquidity, and risk management. When I open a chart now, I do not think about what indicator to add. I think about where price may react and how to limit my risk.

This change made trading much calmer. My decisions became clearer and easier to repeat. I stopped forcing trades and focused on execution. Keeping things simple helped me stay consistent and in control of my emotions.

Being part of a Web3 community also helped. Not for signals, but for discussion, support, exposure and learning from different views. For me, the Bitget fan club is one place where as a Web3 person ( Traders or content creators) cos you'll be given the tools to succeed with perks attached.. The biggest lesson I learned is that the edge is not complexity. It is understanding the basics and applying them the same way every time, with the right people/support around you.

[passwordnow]

I understand what community you're trying to uplift on this thread. But we're already in a community whether you're for web3, for trading, technical discussion and other crypto related matters, here in bitcointalk. As you can see, there are a lot of interests that are put in here by every member and the community have been known globally. It's active, and massive although I know that some other platforms are trying to make their own because of the services that they provide to their users.

[Phoenixtrader]

I understand what community you're trying to uplift on this thread. But we're already in a community whether you're for web3, for trading, technical discussion and other crypto related matters, here in bitcointalk. As you can see, there are a lot of interests that are put in here by every member and the community have been known globally. It's active, and massive although I know that some other platforms are trying to make their own because of the services that they provide to their users.

That's true.. but belonging to 1 or more communities isn't bad given the fact that this can be rewarding too. you can check it out in your spare time

[programmer3666]

When it comes to trading, it is widely proven that a simple plan and strategy works better but many traders just make things too complicated for themselves by over implementing certain trading terminology, When a trader do well by just focusing on the trading basics like price action and managing risk then trading becomes clearer, exciting and less stressful mentally and emotionally.

[passwordnow]

I understand what community you're trying to uplift on this thread. But we're already in a community whether you're for web3, for trading, technical discussion and other crypto related matters, here in bitcointalk. As you can see, there are a lot of interests that are put in here by every member and the community have been known globally. It's active, and massive although I know that some other platforms are trying to make their own because of the services that they provide to their users.

That's true.. but belonging to 1 or more communities isn't bad given the fact that this can be rewarding too. you can check it out in your spare time

I agree, being part to more communities is also going to benefit us. We'd see different insights for specific coins and the market itself. But you might be overwhelmed with the information that you'll get from there. And that's why if you've got a lot of spare time, you're free to explore different communities if you intend to do research and you're making yourself some decisions of which to invest for and has got the potential. Otherwise, setting aside for 1 great community might suffice that longing of information you're looking for in the crypto market.

[WaySummit]

Most traders I see make things too complicated. They add more indicators, more rules, and end up confused. I chose a simpler path and focused only on the basics. Price action, supply and demand, liquidity, and risk management. When I open a chart now, I do not think about what indicator to add. I think about where price may react and how to limit my risk.

This change made trading much calmer. My decisions became clearer and easier to repeat. I stopped forcing trades and focused on execution. Keeping things simple helped me stay consistent and in control of my emotions.

Being part of a Web3 community also helped. Not for signals, but for discussion, support, exposure and learning from different views. For me, the Bitget fan club is one place where as a Web3 person ( Traders or content creators) cos you'll be given the tools to succeed with perks attached.. The biggest lesson I learned is that the edge is not complexity. It is understanding the basics and applying them the same way every time, with the right people/support around you.

I think you're right about this; things like drawings and indicators make the matter more complicated.  I'll just try to cover the basic topics.