Quote from: Mauser on Today at 08:30:19 AM

Quote from: bney on Today at 07:50:39 AM

🔷 Trade with self made policy don’t copy others style of trade, what works for you doesn’t work for me.

I agree with your other points except for this one. Controlling emotions and using stop losses are very important in trading. We need to have some kind of rules in place to but rely on our stomach. Our gut feelings are not going to make the right decisions and in the long run we are likely to lose money.
But for new traders it can be very helpful to look for other strategies and try to copy them. Why shouldn't a strategy that works for you not work for other people? We all face the same market, the same prices. A profitable trading strategy can be used by anybody. Sure if there are enough traders doing the same trades then the return will eventually disappear, but it's still profitable in the beginning.
Copying a successful strategy is not wrong and can make us a lot of money. The only thing I recommend is to make sure that we understand the strategy before using it. Because if the strategy fails we need to understand what went wrong and if we can fix it or need to abandon it.

Hello actually i was simply trying to say there we need to study well before going to trade and not depend on others. We Need to understand the strategy before going to trade.