Some people seek for others analsyis and tips always to enter a trade and many others do their own analysis. I think we should not always rely on others. What about you do you just trade on tips from others?
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Some people seek for others analsyis and tips always to enter a trade and many others do their own analysis. I think we should not always rely on others. What about you do you just trade on tips from others?
I do not hesitate to take advices from other expert traders but before putting that in trade i prefer to do my own analysis and when both points to same direction it gives me more confidence of winning trade, also we should not solely depend on others anlaysis only.
i don't trade based on others advice.i just consider others advice but not trade depends upon that.and i never hesitate others advice.think and trade according to yur advice don't borrow it from other.
every one have thier own way to trade keep going on that and don't borrow it from any one.don't confuse yourself by others advice
If we take the advice of the expert traders then we can get to know the trades which will be more profitable and thus have the advantage of trading in multiple currency pairs. This is as many of the traders are expert in their own currencies and we get to know about them.
In the start i did this it also gave some profit but mostly it give me tension and anxiety. So got the lesson Never Ever Follow others signals and advices. Your own analysis give you more confidence and reliability. That is reality.
Yes i think we shouldn't rely on others to enter the market, its better to follow our own analysis. Besides, there are no guarantee that other persons advice would work. But its okay to just listen to them just to complement our analysis, not as the primary decision.
If I personally do not depend on the analysis of others, because I think it's better to do your own analysis, although not quite up to, but I will not waste another analysis, I consider the analysis of others tetao but only as a complement to my analysis in order to get more leverage.
main bhale hi dusro ka anayis study karta hun.. aur comapre karta hun apne analysis se.. lekin trading sirf apne analysis se hi karta hun.. aur jab bhi dusro ka follow karta hun. yekin mano.. profit trade kam aur loss trade jyada ho jata hain.. isiliye nahi main kissi ko apna analysis bata ta hun.. nahi kissi ki follow karta hun..