Are you usually making your own analysis or refering to others?

[ishvara]

Hi guys.
Do you usually make analysis of forex trend of yourself?
When you are trading in forex,will you usually depend on your own or refer to others?
If you refer to others' analysis,do you believe it so much and make orders just as the others' suggest?

I always make my own technical and fundamental analysis before i open trades in forex trading without having the use other peoples signals. If we need to follow other traders signals, we should make sure that they are trustworthy experts in forex trading business.

[Nusrat]

Yes i always do analysis about this market and i use my analysis in my trading, i think using own analysis is very important to become a good trader of this market , i also think that all of Forex expert trader use their own analysis,i am satisfied with my analysis.

[theniceone]

yes definitly we are using our own analysis but study all traders analysis, and prepare our own on the basis of these analysis, therefore for every trader it is necessary to make his own analysis and work it.

[yakult]

I used to use my own analysis for trading. Unless there is a friend wanted to get my advice, then I will give. And that's the reason I could give up the results of my analysis. Because I am aware of the trading style of each person is different.

[hello927]

I am newbie and dont have an experience of trading and only joined forex forum yet. But in my experience self analysis is better than referring to other. Yourself is the good judge of your own. Analyse the strategy and think upon its drawback and make recommendation for next plan.

[digger_jim]

If you can follow any order easily, following other's analysis might be easier for you. Otherwise you would tend to contradict and believe your own ego (which is what you believed without proper analysis). For most, though, it is better to rely on their own analysis rather than taking someone else entirely.

[dmambi]

I do my own analysis of the market and never depend on the others analysis. But some time i do refer the analysis posted on different trading websites and Forums for getting some broader picture of the market. But finally decision on trading depends on me only.

[sitiz]

I use an indicator of other people but I already modified by other indicators to generate signals that are usually quite accurate and I always share with other friends to use these indicators to focus so much because a lot of monitoring

[ahsankhan]

Hi guys.
Do you usually make analysis of forex trend of yourself?
When you are trading in forex,will you usually depend on your own or refer to others?
If you refer to others' analysis,do you believe it so much and make orders just as the others' suggest?

may jo hai zayda tarah apni he anlaysis use karta hun lakin may bohut kaam refer karta hun har kis ko kion kay agar loss hoagay tu woh phir mujh bolain ga kay app na di thi humaya.

[lisa]

sir there are many process and way which i can follow and analysis the market or we can get it from instaforex platform but i always follow my own process for analysis the forex market bcoz i have confident that think, it iss the best process for me and its helps me very much in instaforex i hope.