Do you trade on borrowed advises or on your own analysis?

[manav14386]

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?

sometimes you simply need to agree enough with someone else analysis to make money..you need to trust that their analysis makes sense enough to maybe fit in your own trade plan and then take the trade..

[sind]

General rule is to study the market sentiment and the chart trend , and the available news on that instrument is checked. In case there is a call given by any analyst it is accepted for trade within the parameters, but others also privy to that information is always ket in mind

[ki pleret]

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?

true. Everyone has their own way. But, what is wrong if we also learn from the experiences of others? It would be nice if we could combine the two.

[venus]

It's not wrong to use other's analysis as reference to create good decision but it's not right too if you rely on other's analysis as your final decision. Good trader should be able create good analysis by himself so it's important for traders to create his own decision although the decision could come from many considerations.

[antnetwork]

Borrowed advice is a type of news trading. But we need to judge it perfectly with our own technical knowledge. We only can depend completely with external strategy is it will be came fro any serious or known person who has enough knowledge and experience.

[monsterzz]

I prefer to trade using my own analysis so that I can improve my analysis if I make a mistake. using analysis of other people will only make me lazy to learn.

[roopesh11]

I have started the forex trading with the borrowed money. I have brought 100$ from my friends. And deposited into my account and start the forex trading. At that time im having not very good experience so i have lost some amount in very short period.

[agie]

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?

If I am more than happy with their own analysis for any outcome when the analysis itself will feel satisfied and feel sorry can we mute itself, and also that the analysis of others we will not be able to increase his experience

[mr kashif]

main abhe to master trader se help le raha hun usny mujhe 1 day main 80$ ka profit kiya tha q k wo loss nahi karta hai, & main bohut khush hun k mujhe aesa trader mila jo mujhe 2 din main 500$ tak profit deta hain!

[Sachin]

At the first time we need many advice must. then after proper learning and trading we should depend our own analysis then trade. we should not depend other or borrowed advice. self advice is best advice. you should depend on your own analysis and trading system. every successful traders has his own strategies and business plane.