Re: My spreadbetting adventure
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I don't really understand what you're learning if you're basing all your bets off of tips?
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You'll eventually learn not to use them and do your own dd
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This makes no sense at all. If you want to learn how to do research for potential investments, then do it. In no way does blindly following tips prepare you for later doing your own research.
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I doesn't make sense, but it is a pretty standard path on the road to being successful. It would make more sense to skip the 'don't follow tips' lesson, but this is how most people start off. It is often one of the first lessons learned in a very expensive education.
Many famous traders started following tips before they started working on their own rational strategies. A more sensible approach would be to paper trade tips and not kick yourself when they turn a paper profit.
It's a psychological game, and following tips is psychologically comforting for a beginner trader/investor.
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