Quote from: carlisle1 on February 18, 2023, 04:07:07 AM

Quote from: Obari on February 18, 2023, 03:44:20 AM

Quote from: Stepstowealth on February 06, 2023, 03:09:21 PM

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I'm sure you already know who to trust because I personally don't see any reason trusting a newbie trader just simply because his burning hot and a strategy is working for him, I'm sure such a person doesn't have much knowledge about the market and if I'm to trust another with my trading decisions then it will have to be the old trader and I have a principle of low and steady winning the race and I always tell me that trading isn't about making rash profits but how long one will be able to keep winning (consistently making profits).

Old traders have that experienced that you can use as the basis when following their strategy,

though there are always adjustments that they can perform during the actual trade where followers can't see it coming.
As usual, traders always follow some patterns when they are dealing with their trades.

Both new traders and old-time traders are working with how they can make some good outcome when they place their position during the trade.
More on your appetite if who will be the one that you think that fits with your own strategy, your final decision is still on your own.

Yeah I get this point very well and I do understand that no matter what you want, the option and choice is still ours but on the other hand, I think OP was only trying to ask a direct question wanting to know what our choice would be because I believe he already has his choice.
Now I actually will follow the old trader who has most of the experience and has stayed relevant over the years and if you could agree with me that what truly matters in any area of life or business is relevance and it's not an easy task to stay relevant especially in trading.
I would rather prefer an old trader who has the experience and is also still relevant than just a random newbie making profit because I learnt this the very hard way as I made over $2k from a $100 account in less than 48 hours but blew the account, taking revenge on my trades.