Do you trade your own analysis or someone else's?

Trading another analyst's calls without the reasoning behind them is a subscription to someone else's confidence. When the trade turns, you don't know whether the thesis is intact or gone.

Do you trade your own analysis or someone else's? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's your practice?

  • how you use outside analysis in your process
  • the trade you took on someone's call and regretted
  • how you convert others' ideas into your own
Do you trade your own analysis or someone else's? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The signal and copy trading guide covers the extreme version.

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