Quote from: SquirrelJulietGarden on June 19, 2024, 03:16:18 PM

Quote from: Tycoon01 on June 19, 2024, 01:41:47 PM

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

Trading decision making is always hard and tough, most particularly if you are a beginner trader. However, with frequent experience in the market, with the help of social trading, that concern may also come to improve. But it’s always a must to gain knowledge and clear understanding on trading the market first before you decide trading with real money. Or else, you will keep losing your money, the more you trade, the bigger the losses you will continue to incur.