For me, this fact was so obvious that I didn't even think it was necessary to mention it here. But it turned out that there are quite a few people on the exchange who try to earn money exactly this way.

Friends, your trading is a reflection of your temperament, your knowledge, your experience, and your statistics. Therefore, you cannot take someone else's trading system, someone else's formations, and start earning money from them. This is a guaranteed path to losing your deposit!

In the scalping community where I trade, there are some really cool traders with 8-10 years of experience. In the general chat, they often share setups that they plan to work on. So, probably about 98% of these formations I just skip without even looking into them, because they do not fit my trading system.

No matter how talented a trader is, and how great the signals they provide are, you won't be able to earn money from them. Because only that trader has the developed experience and statistics for that setup, only they understand the market context correctly at the moment of making a decision to open a trade. And only they can make an adequate trading decision. You cannot!

Other people's signals can be useful (which is why I share formations here) as a basic idea, as a starting substrate from which you can build your unique trading solution that will match your specific trading system. You can't just take someone else's setups and open trades based on them. Of course, if you came here to make money, not just to spin the wheel.

Wishing everyone big profits!

#scalping #daytrading