James_Bond posted: How do you trade 'in a team'? Do you share your trading systems with each other and mutually agree on each position taken? Or are you simply combining your trading systems to get a stronger signal?
i tell my team mates to go long eurusd, then i short it like crazy 😁.
LOL you guys are funny... I have been told by my wife to stop displaying my trades 😞. She says that I will attract too much attention next week when I start trading my new EA. What do you guys recon? ...oh and she also said to stop displaying that bloody lluminati avitar!!!!
Psychologically, Trading in teams has never worked well. It always ended up the same way - Losses. Everyone in the team is looking at and waiting for the leader; to decide, to show direction If everyone is equal then, it is even worse. Opinions as many as there are the teammates. In the end, everyone is correct but still there is no profit.
On contrary, training in teams are the best way to start in this business.
Learn from the best, but never look over somebody' shoulder. IMHO
Naturally, trading in teams where there is a leader would benefit only the weakest traders; and if you're trading well, there is no incentive to trade with other traders as this is a zero sum game (unless of course that is a paid service).
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.