Author

Topic: CONFUSED! (Read 300 times)

hero member
Activity: 840
Merit: 502
March 14, 2018, 11:21:05 PM
#40
I would just like to say that there is no shortcut or easy and magic way to become a successful trader, especialy not in a short time. And all types of analysis could be just additional help but not something you could fully rely on.
Trading is at first place a hard work.
Trading is similar to art, you can get the fundamentals anywhere but there is something that differentiates those that are good at something and those that are truly genius at their craft, and trading is no different you need something which is difficult to quantify if you have it you can make a fortune but if you do not at best you will be an able trader.
sr. member
Activity: 700
Merit: 257
March 07, 2018, 01:09:03 PM
#39
I think technical analysis is not that helpful in the crypto market. We all know that the market is very volatile and there's movements every minute. You can use those analysis as guide but it will not give you an assurance on where the market will move. If you want a more accurate guide in trading, I think the upcoming news will be more reliable than the technical analysis.
I don't think it's not really helpful. Well, there is none of the legitimate proof it fully working. But all traders are relying on the technical analysis to decide movements. So, indirectly when all the cryptocurrency traders used the same technical analysis, the chart will indirectly be valid right.
It depends actually if you are fast learner and does know how law of demand and supply works then it is easy for you to adapt those written in a book or in the youtube. You can gain the knowledge of those technical skills for as long as you really want and willing to learn.
legendary
Activity: 1932
Merit: 1273
March 07, 2018, 12:10:46 PM
#38
I think technical analysis is not that helpful in the crypto market. We all know that the market is very volatile and there's movements every minute. You can use those analysis as guide but it will not give you an assurance on where the market will move. If you want a more accurate guide in trading, I think the upcoming news will be more reliable than the technical analysis.
I don't think it's not really helpful. Well, there is none of the legitimate proof it fully working. But all traders are relying on the technical analysis to decide movements. So, indirectly when all the cryptocurrency traders used the same technical analysis, the chart will indirectly be valid right.
full member
Activity: 406
Merit: 110
March 07, 2018, 12:10:20 PM
#37
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
There are so many telegram links to join for you to learn trading but you will have to pay first before getting into the group, do not think about the payment because you will earn much more than that
You are right a lot of ways for you to learn from other people a lot of people will be willing to share what they knew, but some will requires you to pay, anyways still a lot of search engines, youtube that you can trust in starting your path to trading.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
March 07, 2018, 12:05:01 PM
#36
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
There are so many telegram links to join for you to learn trading but you will have to pay first before getting into the group, do not think about the payment because you will earn much more than that
full member
Activity: 263
Merit: 100
YGOLD is a Defi platform
March 07, 2018, 11:44:14 AM
#35
if you wanna learn technical skill, that is very good. But i also want to warn you that you can apply a bit of indicator or models to trading but not totally. Because this market acts based on the informations. who have more information, that person can earn more money.
hero member
Activity: 1008
Merit: 537
March 07, 2018, 11:34:00 AM
#34
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

There are no any technical analysis needed buddy. Traditional way sell when the price is spiking and buy when the potential coins are become cheap. We do not need to find the do ant technical research to shine on trading.
If you find any good trading signal group in telegram means join in that. It would be more useful to you.
I am part of the channel called Crypto expert Signal. It seems more helpful.
sr. member
Activity: 588
Merit: 257
March 07, 2018, 11:29:55 AM
#33
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

What worked for me started with buy low and ended with sell high. I have never done the technical analysis or never went deep inside the trading techniques. If I would have been gone that far then I could have been confused a lot because I have never been technical person at all.

If you are not the same guy then there is no way you should be confusing yourself with technical analysis. Just keep it simple dude and play with small trades. You will love it all the time and you could still win the profits.
sr. member
Activity: 980
Merit: 250
March 07, 2018, 10:52:15 AM
#32
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

Every indicator created with different rules to reach target, meaning they have different character. Take one ( just one ) indicator and learn their purpose and rules before use it on real market. You can take MA ( Moving Average ) as start and take action with demo account. MA has simple rules and easy way to use that will make you understand how to enter and out from market at the right time. Do that again & again until you understand what MA is and how you can use it to reach your target. Good luck with you.
learn and observe only one indicator make us know its habbit when market going crazy.and by observe this indicator could help us to decided that repaint or not.one indicator is better than using several indicator but we dont know how to use it.
jr. member
Activity: 118
Merit: 1
March 07, 2018, 10:40:26 AM
#31
this is also a newbie perspective, did day trade for my first 2 weeks and gained a little having to start with a fairly low funds after that i opt for long hodl as i see bigger and better chances of gains. for 1 i dont really know how to read charts that being said i cant really share advice about TA as i am still trying my best to learn it too. but for now researching about a specific coin, knowing its total supply compared to its circulating supply and the use/function of the coin is my only basis. u can take a look at it too. hope this helps. 
sr. member
Activity: 826
Merit: 252
March 07, 2018, 08:25:47 AM
#30
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

Every indicator created with different rules to reach target, meaning they have different character. Take one ( just one ) indicator and learn their purpose and rules before use it on real market. You can take MA ( Moving Average ) as start and take action with demo account. MA has simple rules and easy way to use that will make you understand how to enter and out from market at the right time. Do that again & again until you understand what MA is and how you can use it to reach your target. Good luck with you.
member
Activity: 286
Merit: 31
March 07, 2018, 07:21:07 AM
#29
You have to decide first you will doing day trading or long term trading because each will be use different time frame, for day trading use time frame 1 hours and for long term trading use TF 1 day or minimum 4 hours. And for indicator use maximum 3 different indicator, and not more to more easy to understand. Some popular indikator and easy to use is Moving average, RSI and MACD.

I will add one other good indicator, that is bollinger bands. From this we can know whether the market will be bounced or breakout.
Timeframe 4 or 1 day is not enough for long in cryptocurrency because long term in crypto normally hold minimum in 3 months or more so using timeframe weekly and monthly is better for me.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 07, 2018, 07:14:31 AM
#28
If you understand Technical analysis you understand and market better , that is not reason just to trade by Technical analysis but its very helpfull i known some guys who inTechnical analysis about 10-12 year and they are making good money becose its working who talk that is not.
there are some analysts that work online thru social media groups,they are giving tips and some ideas how to learn things about technicalities,but for sure they are not giving 100% accuracy though i believe its 40-70% because some of them is what im using as reference..

Ps they are not accurate so be aware of that,dont just rely on their tips but do your own homeworks
full member
Activity: 478
Merit: 113
March 07, 2018, 07:07:21 AM
#27
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background

I disagree totally with your point of view, sorry. Technical analysis has A LOT to do with Bitcoin!

A good site that can be consulted to learn some basic technical analysis on Bitcoin charts and how to use it is this:

https://bullbearanalytics.com/bitcoin.html
sr. member
Activity: 560
Merit: 286
March 07, 2018, 06:59:25 AM
#26
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
There is no single technique that I can tell you about. A huge list is out there on google and other article material where you can find best practices and best technical skills plus tools that can help you to proceed forward. Everyone must need to do homework before diving into this world of traders and I am happy you are doing this. Good luck to you for your trading, learn better.
sr. member
Activity: 728
Merit: 263
March 07, 2018, 04:59:25 AM
#25
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
I think technical analysis will not help you to do a better thing on this platform anymore. technical knowledge is not related to the market movement and this platform is fully dependent on the market prediction. if you can assume properly about the market then you can gain from this system a lot. So you have to go through a lot of articles published related to the cryptocurrency world.
So don't be confused and try to get informed what will happen in the future.
member
Activity: 224
Merit: 19
March 07, 2018, 04:04:47 AM
#24
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

For me the first thing you should research is the candle stick patterns, this is perfect for beginners because it is very easy to understand. Also you may use Moving averages, with this you may somehow predict the where the price may bounce. It acts as a support and a resistance level.

Once you get the hang of it try to know RSI,MACD and Fibonacci. these indicators are really great if you really know how to use it.  This indicators works on any market.
hero member
Activity: 1176
Merit: 509
March 07, 2018, 02:42:14 AM
#23
I think technical analysis is not that helpful in the crypto market. We all know that the market is very volatile and there's movements every minute. You can use those analysis as guide but it will not give you an assurance on where the market will move. If you want a more accurate guide in trading, I think the upcoming news will be more reliable than the technical analysis.
jr. member
Activity: 163
Merit: 1
ICOForums.net - A Cryptocurrency & ICO Forum
March 06, 2018, 11:50:23 PM
#22
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
Technical analysis is not the rocket science or it is not something that if you don't learn,you will not be able to trade anything.It is something which helps you while trading but that to certain extent.Still if you want to learn there are various sites and also videos thorough which you can learn.The basic that you should know is how to analyse the past trends and plan your trade accordingly.Other than that I personally feel analysis is the latter step but the former one and the most important one is to have a proper knowledge of each coin.If you have that,you can easily trade.
jr. member
Activity: 126
Merit: 5
March 06, 2018, 04:10:31 PM
#21
I would recommend a prominent Swing Trader - Alexander Elder - the new trading for a living . If you google it, you can find many legit links for the book. It will give you a fundamental insight on basic indicators.

However, in my experience, Crypto space is very difficult to trade as it is 7/24, there isn't enough history on many coins other than Bitcoin and market moves extremely rapidly. If you would like to limit trading to the time frame that you are awake, you should use 5 mins or 15 mins, which are not the best time frames to Swing trade.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
March 06, 2018, 02:28:55 PM
#20
I would just like to say that there is no shortcut or easy and magic way to become a successful trader, especialy not in a short time. And all types of analysis could be just additional help but not something you could fully rely on.
Trading is at first place a hard work.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
March 06, 2018, 01:20:20 PM
#19
Technical analysis doesn't work most of the time in stock markets and commodities. What has been proven to work is the fundamental analysis. The technical analysis only gives you things to judge based on last volume , trading activity and what the price was during this time. This can be a very bad move if some news that comes to surface turns everything upside down for you and you lose money.
Only fundamental analysis works but it takes time and a lot of patience.

Example: Let's look at wheat, if we have read the news, evaluated markets, seen how planting and actual state of the plantings, weather forecasts in major exporters we have all the tools to have judged that because of a lot of supply of wheat starting from July 1 2017 the price of wheat to be low  or at maximum to not have room for an upside, except casual upsides when we see weather problems.


Start looking at things from a fundamental view if you want to be successful in trading. I am a trader at my job for commodities so I know a few things.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 06, 2018, 01:17:40 PM
#18
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

Maybe this one could help you:

http://www.financial-spread-betting.com/academy/tools-and-trading-techniques.html - Just the basic but its good for newbie like you.

And then books recommended:

https://www.quora.com/Which-technical-analysis-book-is-the-best

And then youtube videos:

https://www.youtube.com/watch?v=rlZRtQkfK04

Goodluck

member
Activity: 224
Merit: 10
I love Beauty
March 06, 2018, 01:11:45 PM
#17
I've heard you and i se everyone's opinion, I respect everyone's opinion, I'm a technical analyst , I have been working with Technical Analysts for more than 11 years, The basic theory of technical analysis after learning about many things, choose a one system, That you understand better, The market's charts that have many default indicators, They work well, Need to understand, The markets behave differently at different times. Have faith in the system
hero member
Activity: 910
Merit: 523
March 06, 2018, 01:08:39 PM
#16
You have to decide first you will doing day trading or long term trading because each will be use different time frame, for day trading use time frame 1 hours and for long term trading use TF 1 day or minimum 4 hours. And for indicator use maximum 3 different indicator, and not more to more easy to understand. Some popular indikator and easy to use is Moving average, RSI and MACD.

According to investopedia; long term means hold it for one year or for as long as 30 years or more, 1 day or minimum 4 hours is short-term trading (day trading). Maybe you can share more information about RSI and MACD, don't know about that.


Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background

Actually technical analysis is the most popular way for many people to make profits from trading bitcoin, if you read some speculations based on technical analysis, it really happened. Even from price analysis, you can tell whether bitcoin will be fall or rises by compare trading volume from some exchanges and watch over the uptrend or downtrend.
hero member
Activity: 840
Merit: 502
March 06, 2018, 12:34:57 PM
#15
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background
Technical analysis does not apply when the market cap of something is too low, so you cannot apply technical analysis to most altcoins but for bitcoin which is the biggest cryptocurrency out there technical analysis should be a one of the best tools to try to decide when to enter the market and when to get out, it is not infallible but it is the best you have.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
March 06, 2018, 10:28:44 AM
#14
If you want to learn technical analysis just to analyse your trades then you can go ahead with regular technical analysis courses that can be found online. Search for online courses at babypips.com . You will be able to learn the technical analysis but then you should only use it to analyse your trades and not for prediction of price of various cryptocurrencies. I must say that technical analysis on cryptocurrencies is a waste of time since it is volatile in nature and is based on news in the market. So technical analysis won't workout well for trading cryptocurrencies but can be used to analyse your trades.
member
Activity: 238
Merit: 10
March 06, 2018, 09:06:03 AM
#13
Hello, basic for technical analysis is to familiarize candles sticks from the chart anf rsi indicator you study that first. Then research different techniques how to rrad the charts then the columr you will need to learn the flow of market the uptrend and downtrend market. Soon you will learn some good indicators goodluck
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
March 06, 2018, 08:53:20 AM
#12
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

Well to be honest Technical Analysis is a vast subject and mastering it you will need strong determination and tough practice from your side. There are many online and offline sources available for studying it but it all depends on one's passion for it. All the Indicators, techniques, approach, and methodology works for fine for everyone if you learn and apply them in the right manner with the right mindset. I myself practise Top to bottom approach for coin selection with multi-timeframe analysis so that I stay connected with the long timeframe trend which gives me the right edge to follow the hedging technique.
sr. member
Activity: 702
Merit: 251
March 06, 2018, 08:40:08 AM
#11
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background

Really hard to use technical analysis on cryptocurrency because of the volume, and other things but I think it can still help you decide on where to put your money. Its good that OP are making efforts to learn how to analyze, just keep on learning and you will succeed on that. Btw try to study the Fibonnaci, Moving average and the MACD.

if u need to known what is really work on Technical analysis in crypto but its only Moving average 20 , 50 , 200 and Volumes , dont need to use alot of indicators becose it willnot help u
legendary
Activity: 3122
Merit: 1140
March 06, 2018, 08:16:23 AM
#10
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background
Technical analysis might not be applicable into crypto trading anytime but somehow this thing is one of the most common tool being used by most traders throughout the market and i do really believe on that.Even myself i do make use of this tool.Having thing would really give you some previews and perceptions towards price movement.It might not like on forex trading but its just better to have assumptions rather than on randomly on making orders.You can search up google on technical tools towards trading.You can eventually find lots of them.
full member
Activity: 2086
Merit: 193
March 06, 2018, 08:15:19 AM
#9
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background

Really hard to use technical analysis on cryptocurrency because of the volume, and other things but I think it can still help you decide on where to put your money. Its good that OP are making efforts to learn how to analyze, just keep on learning and you will succeed on that. Btw try to study the Fibonnaci, Moving average and the MACD.
sr. member
Activity: 882
Merit: 282
March 06, 2018, 08:11:40 AM
#8
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
The best place that you can get first hand information about technical analysis is at https://babypip.com. Babypip explain everything you need to know about technical indicators, were you need to start from, and the best one among them. If you have little knowledge about it the best thing to do is expending your knowledge by study all the indicators and how to interpret them.
newbie
Activity: 210
Merit: 0
March 06, 2018, 07:35:32 AM
#7
You have to decide first either you want to do day trading or long term trading then if you want to do day trading then do analysis of 1 hour candle and if you want to do long term trading analysis then use 1day candle.
Thanks
newbie
Activity: 28
Merit: 0
March 06, 2018, 07:25:09 AM
#6
TA undoubtedly does work, even in the crypto streets. There are hundreds of indicators to choose from, and i understand it can be confusing. Alot of these will show you the same thing. For example, RSI(relative strength indicator) and Stochastic Oscillator are two different indicators that both show whether a market is overbought/sold(granted they each work better in certain market conditions) I see alot of traders charts with both of these indicators on. All that does is create more 'noise' on the chart. My advice would be to pick a few, 2 or 3, and learn them inside out. Know exactly what each movement/pattern is telling you. Know WHY you have these indicators on your chart, and how you are going to use them to trade. Your indicators should work to together to tell a story of the market. When you decide you have a trading opportunity, your indicators should show confluence. I hope you can take something from this post and i didnt ramble too much. Good luck in the markets  Smiley
member
Activity: 505
Merit: 35
March 06, 2018, 07:16:18 AM
#5
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.

The first thing you need to do is educate yourself. You need to read books regarding trading, understanding the basic will help you understand the whole process of the market. The second level of teaching yourself is by attending training's and workshop.

The second thing you need to do is find yourself a mentor that will guide you in trading. Reading and attending training's and workshop is not enough. You need to find a good mentor that will teach you in real time. He/she will lead you whether you are making progress or not and making some adjustment from your mistake.

The third thing you must do is find a group of people which gives you practice in the market trade. This is also important because after all trading is regarding a group of people whose objective is to earn money.
full member
Activity: 252
Merit: 100
March 06, 2018, 06:33:30 AM
#4
If you understand Technical analysis you understand and market better , that is not reason just to trade by Technical analysis but its very helpfull i known some guys who inTechnical analysis about 10-12 year and they are making good money becose its working who talk that is not.
full member
Activity: 476
Merit: 100
March 06, 2018, 06:29:52 AM
#3
Technical analysis does not apply to bitcoin this is my personal opinion. The only thing you can use to add up the idea of the course is the news background
full member
Activity: 644
Merit: 101
March 06, 2018, 05:51:59 AM
#2
You have to decide first you will doing day trading or long term trading because each will be use different time frame, for day trading use time frame 1 hours and for long term trading use TF 1 day or minimum 4 hours. And for indicator use maximum 3 different indicator, and not more to more easy to understand. Some popular indikator and easy to use is Moving average, RSI and MACD.
member
Activity: 140
Merit: 12
March 06, 2018, 04:31:58 AM
#1
Hi guys, i really want to learn Technical Analysis and by that i am really confused about what indicators or technique that i should learn first. We know that there are bunch of them to learn, i wanna ask you guys what should i try first to learn or to master that really worked for you too? thanks.
Jump to: