Post
Topic
Board Trading Discussion
Re: The Power of Social Trading: Can It Improve Decision-Making for New Traders?
by
SquirrelJulietGarden
on 19/06/2024, 15:16:18 UTC
On the other hand, blindly following someone else's signals might not be the best recipe for success. So, what do you think?  Could this kind of social sharing improve decision-making for new traders?
If they, new traders, don't know how to trade, what should they do?

They should not trade. Listeing to others, on media, Facebook, Twitter, Binance Feed, Coinmarketcap feed, to trade with total dependence on analysis of others, is stupid. They will not know how their trades will end and with dependence like this, they will not learn anything through their trading experience. They can not improve themselves and will get more loss with time.

New traders must start with learning on trading courses, before they start trading with small capital.

Awesome cryptocurrency trading