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?
Dont trust anyone since you are risking your own money which means that you should really be the one who do make out decisions basing up into your position.Dont let others would really do the job since we
are all speculators here on this unpredictable and volatile market.I have that bad experience on letting someone do make out decision on following up their signals but out of 10 trades then it turns out that
it was really ending up on cutting losses due to bad positioning.This is why in the end i have learned my lesson and never ever tend to trust up for whatever person do
claim out that they do have that high winning or profitable trades.
Well, its not bad at all if you ask for assistance from experienced traders but if you are used to it, you will never develop your own skills and strategies in trading and that you will never grow as a trader. Furthermore, when they start leaving you, then you might end up suffering the consequences of not learning trading on your own. That is the reason why most traders never trust anyone, but prefer to trade on their own because thats the only way that they will become great traders in the future.