Does your trades and strategies get influenced by others opinion?

[nirale]

The amount of profits depend on the right entry level.Even if the study s right and the entry level is not right it might lead to losses as well.So entry and exit levels both are important for a trader.

[lovefx]

My current strategy is baised on my own throughts and technique. but i shape it with others theory by market conditions.

[realfun07]

this is most good if we will enter the market at the right time because this is the thing which we need to enter the market at the right time then coming from the market at the right time. it should also be remember that every pip is not your pip.

The amount of profits depend on the right entry level.Even if the study s right and the entry level is not right it might lead to losses as well.So entry and exit levels both are important for a trader.

[dmambi]

Yes why not. Learning from other people`s mistakes and opinions have always made me successfull, I would recommend everyone to do the same.

Yes listening to the opinions of other people around us is really good, but believing them blindly is not good for our account. It is best if we are able to analyse and understand how they arrived to that conclusion.

[realfun07]

I usually consider the opinions of others when it plans to enter the market, but not for exit points. I always decide by myself to exit the market, whatever the situation

The right trade is to enter the markets at right levels and if you enter the markets at other traders opinion then it is wrong as both entry and exit levels should be based on your study and analysis.

[cumil]

I usually consider the opinions of others when it plans to enter the market, but not for exit points. I always decide by myself to exit the market, whatever the situation

consideration of the other party is also important for example there are several parties who provide fundamental analysis and some of the party providing forecast price movements,

making it easier and helpful from the notices, rather than having to think independently

[MichealFlether214]

Yes why not. Learning from other people`s mistakes and opinions have always made me successfull, I would recommend everyone to do the same.

[yogesh]

No, now mt trades and strategies are not get influenced by others opinions be4cause in my early days of trading I was changing my trades and strategies just on the opinions of my friends and I have got much loss. But now I listen to all and do what ever comes from my own mind.

It is really good for your trading carrieer if you are stick to your pre-planned strategy. Though i do hear my friends and whatever they advise i consider the reasons given if reasons are solid in my view than only i let my strategy affected by their advises because some time they may know something that i do not know, right.

[speedy]

No, now mt trades and strategies are not get influenced by others opinions be4cause in my early days of trading I was changing my trades and strategies just on the opinions of my friends and I have got much loss. But now I listen to all and do what ever comes from my own mind.

[ragib]

i only trade with my own decision and my own analysis. but i like to look some of the strong support and resistance,monthly movement,and analysis made by forex experts only in the beginning of the week or after big event. then i recalculate my strategy and entry point.