Quote from: ancafe on February 01, 2024, 02:10:03 AM

Quote from: Fredomago on January 31, 2024, 10:42:54 AM

Yeah right, trading at your own knowledge and be successful with how you find best strategy is always better compared to following someone and blindly place your position without knowing what is the fate of your trade, think about making your own system and execute it the way you wanted it to be.

With that idea, there's no one to be blame aside from your own assessment, you'll be able to adjust from time to time once you already understand the proper way of doing the trade.

Following other people's trading methods is not a problem as long as we don't immediately adopt their method and first try to analyze and adjust. Trading on your own will be much more satisfying, but we also need to consider several trading strategies that people use so that there are many ideas that we can use. Thinking about trading is not easy to carry out because perhaps not everyone can master it and when someone is willing to learn there is a way to perfect it.

Direct involvement is important in trading so that we know how to do it and what becomes a problem when we are involved in trading but have no knowledge at all. This is the mistake that needs to be avoided because whatever we follow should have a view about running it because otherwise we would be betting instead of trading.

I agree to that, as basis we can use those share strategy and we can make some tweaks to make it workable with our own trades, following blindly not knowing what are the consequences will surely put your investment at risk, you need to adopt and you need to keep pursuing to learn more, with that kind of mindsets you'll be able to find success.

Take your own path while using every resources that you have to adopt and to make a proper adjustment between your type of an investors and the market that you are involving yourself.