When you’re around people who have the same mindset and motivation, it becomes much easier to accomplish tasks that can benefit you all. Remember the saying “show me your 5 closest friends and I’ll show you your future”. While working alone to scan for opportunities in the market can net you great profit, if you know what you’re doing, as a group can always compound the rate of opportunities you stumble on, which is incredibly powerful if harnessed properly! 

We run scans for the group. We also post a Pre-Market Report where I discuss intraday and swing trade opportunities. Our traders, due to their level of education and experience, know what to do with the opportunities I put in front of them! It’s important to remember that there is no way to keep an eye on every single stock and piece of news out there, which means tackling it as a group gives you more eyes on the market than you could ever possibly achieve alone. We have traders in our community that post their finding none stop in an attempt to keep the group in the loop! Traders in the group aren’t expecting anything in return when they help each…our goal is to ensure that we win as a team. If I lose on a trade but you win on another, the team as a whole is net positive! We all win one way or another!

Whether you are an experienced trader or a beginner, you can definitely learn something new from the community. The amount of information that we put in our community chatroom is unparalleled. The entire goal is to get trades profitable…by any means necessary! The problem with trading is that the education phase can suddenly stagnate…so we make it fun and engaging. . You should never approach trading as if it’s something that you know all you need to know about. Learning from the experience of others can open up new horizons of understanding and efficiency that allow you to become a better trader. You’ll never feel reluctant to give back to the community and continue the positive loop.

When you are trading in an active group or community, you become responsible for more than just your losses or wins. You will learn to be more disciplined and analytical in your trades because there are other factors involving others at play. Having other people see your trades as well as you can see theirs will create a constructive feedback loop that can help you pay attention to more details and effectively improve your trading performance.

Trading is one of those things that have an incredibly hard learning curve. There is no doubt that almost every trader has experienced overwhelming feelings of confusion at first. While trading isn’t the only field with a hard learning curve, it’s one of the few that has an active community of people helping and mentoring each other. You might want to take advantage of such benefits by finding the best active trading community that fits your criteria.