Really critical point this...
Nobody likes unexpected surprises. before we enter the market we need a clear set of expectations and strategies to deal with uncertainty. If you dont know what you expect, you will never know when you are wrong. If you dont have any clear expectations, you're gambling and your emotions will take over.
To become in tune with general market conditions and fundamentals, it takes a lot of practise reading the charts. Paying special attention to liquidity, volume, times of day, risk themes, and developing junctures is critical for efficient risk management. the same is true for profit taking.
we all have our own styles to trading, so before taking the ideas of other traders, we must be sure it inspires our own style and we can manage the position to meet our own expectations.
True. A very important fact are emotions. That's why I have launched my own mailinglist because I notice that there are many investors certainly in Bitcoin who don't have the actual 'know-how' on how to overcome all these emotional states and how to recognize them. I try to offer a basic 'how-to' to my subscribers and I discuss my own opinion with what I recon will happen to the markets ( giving the most possible outcomes and the odds ) and why I think so. I will also include educational content that I discuss every mail I sent in order to help you develop as an investor yourself.
I used to be in a position where I didn't have the true know-how myself. I learned a lot and now I want to pass on my knowledge that has helped me untill now. Once again, I'm trying to see if people are actually interested in learning how to get better themselves and I believe that there will be enough people who find this very helpfull.
I try to achieve what you noted down: Inspire an investor with his own style (or not) to implement 'my thinking' into his strategies in order for them to benefit from it, in the form of profit returns from the markets. This way they will finally meet their own expectations. I'm happy to see that you understand what I'm trying to work too chessnut.