Hello guys,
I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.
How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.
How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
i think having a trading community is really great. a mentor is good, but it's important not to think of them as a "guru" and to have different perspectives from different traders.
in my early years, i was really active in the tradingview "bitcoin" chat---now called "cryptocurrencies". i made a lot of connections there (i still keep in touch with some) and we constantly shared trading ideas and critiqued each other's setups and analysis. this is really important because it challenges your perspective and forces you to deal with multiple possibilities. trading is all about knowing the possibilities, reacting to them efficiently, and managing risk/cutting losses when you're wrong.
it also helps you gauge sentiment: if everyone in your group is bullish, be very careful about going long!
