As a beginner, you may lose money by following so called traders on social media. Which Traders To Look For On Social Media then? We should be very careful while choosing a pro and experienced trader. Here are some points to find in your trader on social media:’
- You should look for real traders who are actually doing business with real money, not salesmen who want to sell you something.
- Keep an eye out for traders who like to have fun and are easygoing, and avoid those who want to start a fight.
- Try to find a way to end a fight with a friend that doesn’t bother you.
- Look for tweets, books, videos, and what other people are saying about trading.
- Find fakes, frauds, con-artists, and imposters. You have to be very careful who you trust, so be careful. Before you can trust, make friends.
- Look for traders who trade the same way you do. They can help you make good changes to your own trading method.
- Look for great traders who do things that are different from what you do but are still successful. See what you can learn from them.
- Watch and see which side of the market the majority of traders are on. That’s usually the wrong side of the market.
- The best way to learn is to look at charts that other people have shared.
- Look for a trading teacher rather than a trading guru.
Look for active traders who are actively trading real money, rather than active salesmen who are looking to take your money.
- Looking for traders who enjoy themselves and are laid back, and avoid traders who are looking for an argument.
- Look for a polite way to end an argument that isn’t adding anything to your life.
- Look for the best trading resources, such as tweets, books, videos, and recommendations from others.
- Keep an eye out for forgeries, frauds, con artists, and imposters; you must be cautious about who you trust. Before you can trust, you must first establish friendships.
- Traders to look for on social media are who trade similarly to you and can assist you in making good adjustments to your own trading methodology.
- Looking for successful traders who trade differently than you do and see what you can learn from them.
- Look at which side of the market the vast majority of traders are on; this is usually the wrong side.
- Examine the charts that others have shared and see if you can learn from them.
Also ReadTop 5 Obstacles To Profitable Trading
Amazon fell from $110 to $11 before going to $3,000.— The Prolific trader (@ProlificTraders) October 19, 2021
Bitcoin dropped from $20,000 to under $4,000 before going to $60,000.
Tesla went from $300 to $180 before going to $2,000.
The trick isn’t just picking the right investments; it’s holding them.
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