Does Trade have types? | Bitcointalksearch.org

el kaka22

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I think enough people talked about trade types, but I think "trader" types is even more fun than this Cheesy

. People are not talking about that all that much, but seriously there are so many trader types. Some like me who are incredibly boring people, I buy bitcoin and hold it for many years and in return I get a good result slow by slow but that's about it, there are some who do wild leverage bitcoin trades, some who join new launches, some who invest into memes, and there are many other type of people.

So I think we should match the person with the trade, what kind of person are you and what kind of return are you expecting? That's the important thing here and as long as you can achieve that, I believe that you can be a good trader.

JasGrady

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Crypto, Bond, Derivatives. Options. Commodities, Stock, Forex are all types of trading.

adzino

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You have to be more specific about what kind of trading type you are talking about. Like others said, there are different kind of trading like spot trading, arbitrage, scalping, day trading and so on. But I guess you are talking about the "strategies" since you mentioned you are using an "app" to trade. I guess the app is trading for you right? I would say don't use those automatic trading app and stuffs. You never know what they are doing. They can show you "fake" trades and strategies, give you profit and then the next day, the app is going to say they lost a trade and all the money. How would you verify that?
Learn how to trade before trading. Stop using random apps and bots that will trade for you. Trading isn't as easy as you think.

nur rochid

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Quote from: Sebas.tian on July 12, 2023, 10:44:15 PM

Since you have experienced so much losses from your previous trading, based on you didn't create time to study before going into cryptocurrency trading which is not advisable to new traders who want to achieve something great in the future. Day trading is a type of trading that doesn't require long holding before you can supply to the market to make a profits but the profits always come little at the end of the day, but it will be difficult for you to experience losses from day trading. Long term investment is another type of investment that require long holding like 3 or 4 years before you can supply to the market to make a huge amount of income that will change your life but that type of investment required patient through out of holding, which is the best investment many potential traders use to maintain income.

it's normal for a trader to make mistakes, and of course from those mistakes we can learn so we don't make the same mistakes in the future. however, many traders still make the same mistakes even though they already understand the previous mistakes. therefore psychological maturity is needed to develop personal trading qualities, until finally we find a comfortable way of trading. therefore for those who are still learning to trade it would be better to focus on investment, while learning to trade

Sebas.tian

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Since you have experienced so much losses from your previous trading, based on you didn't create time to study before going into cryptocurrency trading which is not advisable to new traders who want to achieve something great in the future. Day trading is a type of trading that doesn't require long holding before you can supply to the market to make a profits but the profits always come little at the end of the day, but it will be difficult for you to experience losses from day trading. Long term investment is another type of investment that require long holding like 3 or 4 years before you can supply to the market to make a huge amount of income that will change your life but that type of investment required patient through out of holding, which is the best investment many potential traders use to maintain income.

darewaller

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Quote from: jrrsparkles on March 14, 2023, 12:16:13 PM

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

I think I know why they didn't state it. Its because they don't consider it as one. Even me actually, it didn't came in my head at first but when we say types of trade, the first thing that I can think of are the spot trading and futures trading.

There is also day trading, short-term and long-term trading. Copy trading is more on the technique side. In copy trading, there might still be an effort involved and that is we research the platform first if it's credible and then we move on to researching the background of the traders. This was still easier than learning how to trade on your own and choosing the right strategy to make you a profitable trader. No wonder why many people are doing it.

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Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

Trading apps aren't included on types of trading that we have, the use of trading apps are similar to using bots for trading whereby some people opt in for their purchase through subscription, though we may also make use of some trading indicators to also helps us to get more informations for how to speculate in other to arrived an accurate outcome, it's better to work more in understanding how to use the trading indicators with having the full knowledge of the trading types alone is enough for having a successful trading experience than to rely on other apps or bots which end result may not be accurate over time.

fauzan Ichsan

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Quote from: Peanutswar on July 06, 2023, 06:42:24 AM

People make a trade when they think it's confident to trade, and availability, of course its matter, if you have a small time for making a trade you can be scalpers - they are the people who make a profit with just a small price movement, if you have tons of time to make trade for example 3 hours average and make different positions you can make a short trades those are the at least hours price movements, next is the long term investors they are the one who bought and wait for the dip to accumulate as possible they can. At the end its all about the timing and proper execution to make a trade. People gain profit for being discipline and got loses because of getting greedy.

even short-term trading sometimes takes a long time, because basically trading we have to be patient waiting for prices to enter our buying area and then wait for prices to enter our target area. therefore even though using a small time frame sometimes one day it can happen to wait a long time for the price to enter our framework. It's different with long-term trading, where we already have the intention to hold for the long term, so we don't have to monitor the market too often and we can do other activities quietly, many people do both, in the hope of getting a daily income and a long-term return on investment

taufik123

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Quote from: jeraldskie11 on July 05, 2023, 06:23:00 PM

Don't ever be fooled by trading groups that offers a signal if you pay a fee for them. I already tried with that stuff joining in the group but fortunately I just get a free trading signals from them. I observed all the signal they give but honestly it's all the same like how we trade, there's no magic at all like make us shocked. In a couple of signals they give, only few will materialize that will make people still losing if they trade all the signals they get. So it's always best if you trade your own money because not only make you enjoy but will make you gain experience and knowledge.

In the past, I have joined signal groups like the one you are referring to by making several payments to get into their premium groups.
But what happened, the signals given were just copied from other group signals and that also did not guarantee to get profits.

Many are deceived by the mode of groups that provide good trading signals.
It is best to learn by yourself, learn technical and fundamental analysis, so that you gain knowledge and know what to do in the market.
Don't depend on others for your money.

Peanutswar

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People make a trade when they think it's confident to trade, and availability, of course its matter, if you have a small time for making a trade you can be scalpers - they are the people who make a profit with just a small price movement, if you have tons of time to make trade for example 3 hours average and make different positions you can make a short trades those are the at least hours price movements, next is the long term investors they are the one who bought and wait for the dip to accumulate as possible they can. At the end its all about the timing and proper execution to make a trade. People gain profit for being discipline and got loses because of getting greedy.

jeraldskie11

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Quote from: goaldigger on March 02, 2023, 04:22:51 PM

Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

There might be some signal group offering a services like this but of course profit is still not guaranteed and you have to pay for some fees just to get on that group. Trading is not easy, there’s a lot of analysis that you should make before you actually make profit, some are just skipping this part while the others are really working hard to understand trading. I believe you can be more successful once you understand the whole concept of trading.

Don't ever be fooled by trading groups that offers a signal if you pay a fee for them. I already tried with that stuff joining in the group but fortunately I just get a free trading signals from them. I observed all the signal they give but honestly it's all the same like how we trade, there's no magic at all like make us shocked. In a couple of signals they give, only few will materialize that will make people still losing if they trade all the signals they get. So it's always best if you trade your own money because not only make you enjoy but will make you gain experience and knowledge.

jrrsparkles

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Quote from: Fivestar4everMVP on July 02, 2023, 02:28:01 PM

Quote from: jrrsparkles on March 14, 2023, 12:16:13 PM

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

Well yeah, when it comes to trading, non is more safer than spot trading, but then, just as the risk is very low, so also is the profit very low as well..

And talking about copy trading, copy trading is a good one as well, though it's not common, which explains why it wasn't talked about, copy trading is mostly for working class individuals, business owners who might not have the time for all the technicalities trading requires , and for the fact they take trading as a side hustle, it is very for them to hire the service of a much more professional trader who can allow such person to copy their trade.

The profits from spot trading is really based on our target prices, if we keep the margin low then the profit will be low whereas we can set the margin high which will give high profit accordingly the risk associated will be proportional to the margin.

Copy trading is actually a lucrative kind of type targeted mainly the rookie kind of traders who is influenced by various individuals to get into the copy trading but they don't learn anything simply they believe someone will make money for them.

bettercrypto

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Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

As a trader you should know what type of trader you belong to, Are you a scalper, short-term trader, long-term trader. Here in these three that I have mentioned if you are a newbie in the trading industry I think it is appropriate for you to be a Long-term trader because while you are still learning Bitcoin or other cryptos the assets you choose will not be affected because of how many years you have it will still be held and you don't care what happens to its value.

Now, if you are still a newbie and you don't have any knowledge of trading here in cryptocurrency and you enter into being a scalper or short-term it can be said that you are entering a war without even having a weapon with you.

usekevin

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Trading had huge type and many can create the signals based on their experience and the Analysis of the chat using the candles.The important factor is you should not get away from trading when the trading had gives you loss.Loss is not the end for the trading the circle will move to the upward and you will earn more profit from the trading experience.The one of the huge earning person will be the person who look into the trading strategy and apply the strategy based on the market movement.

Fivestar4everMVP

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Quote from: jrrsparkles on March 14, 2023, 12:16:13 PM

Almost everyone stated about the types of trading in cryptocurrency space and those are the actual types too but I didn't see about copy trading here or atleast I missed it so it is also a type too in my opinion which involves simply copying the strategy of other and execute our trades so no efforts but complete risk taken on someone's success rate.

From all these types we can simply point which is better and suitable for anyone that is long term spot trading cause its simple, less risky than others and we can have our assets in our wallet itself.

Well yeah, when it comes to trading, non is more safer than spot trading, but then, just as the risk is very low, so also is the profit very low as well..

And talking about copy trading, copy trading is a good one as well, though it's not common, which explains why it wasn't talked about, copy trading is mostly for working class individuals, business owners who might not have the time for all the technicalities trading requires , and for the fact they take trading as a side hustle, it is very for them to hire the service of a much more professional trader who can allow such person to copy their trade.

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Quote from: GreatArkansas on July 02, 2023, 09:08:46 AM

This is really how trade works because no one knows what will happen on every trade you will do that's why there is a stop loss to prevent losing more from your capital and find another good opportunity for the next trade.

It is why traders should use One of the Best Weapons in Trading

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Always think that there is no guarantee of success in trading, even what strategies you will use, you can still lose.

Trading is playing against the market, other traders and biggest enemy, with yourself. If you can not beat yourself in emotion controlling, you will lose in trading.

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But if you do good practice or train your self, master things that will help to increase your chances of success, it will help to become profitable.

I think if a trader loses enough, he can think to change to an investor. Only return to trading if he get good profit from investment and cover his previous loss from trading.

GreatArkansas

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Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

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I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

This is really how trade works because no one knows what will happen on every trade you will do that's why there is a stop loss to prevent losing more from your capital and find another good opportunity for the next trade. Always think that there is no guarantee of success in trading, even what strategies you will use, you can still lose.
But if you do good practice or train your self, master things that will help to increase your chances of success, it will help to become profitable.

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Quote from: Sakanwa on February 28, 2023, 06:23:33 PM

Doing away with all this types of trades which is the best to trade with and you wouldn't have to loss that much because the truth is having knowledge or not you can't do well when it comes to trade.so which is the best for a beginner to start with first.

Go through this post I think he has answered your questions

Quote from: Bitcoin_Arena on February 27, 2023, 05:29:29 PM

There are so many types. You have to study them and practice carefully and see the one you are more comfortable with. Some are high risk, High rewarding, others are low risk low rewarding

There is spot trading, Derivatives trading, arbitrage trading, options trading, long term investing etc

In all those kinds of trading, one can still lose money.

The difference between the expert and newbie is that they have been in the game for so long which they had many experience of trading despite everything they had gathered they are also losing too. So mate you have to DYOR so that you can know which one is favourable for you.

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Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

There is a lot of grammatical errors in this post you made I think you should take your time to go through what you're posting before you POST, it will help readers to understand what you are trying to say without having to read over and over.

CHECK THIS QUOTE, i think this is a clear post to what you should have put out in the post. Undecided

Quote

I was on one of the trading app call Deriv Go and I had losses & profit as well but I am using BIG lot size like 100LOT I stopped because of the losses I had, so I want to ask if it there are types of trading that someone can follow to make profit from.

Now if you should seat to read out this post you will notice there is no much sense to what you are saying, you can't just go to a broker platform get an account fund it and decide to over leverage the account along the line you make some cash out of luck and so you blew the account due to no knowledge. so try and get knowledge on how trading works before coming up to speak.

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Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I was thinking of these everytime and I never found any answer to it yet.

I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.

From my assessment Op, looks like you are gambling the market and not trading, I advise that before you should go into the financial markets to start trading and to avoid losing your hard earned money, ensure you must have gotten the proper knowledge to begin with. The market is there to take your money and not to give you profit, this reason is enough to tell you that you must learn before you start any journey into the world of crypto or the financial market.

Quote from: Sakanwa on February 27, 2023, 12:55:14 PM

I want to ask if it has type of trade that someone can follow to make profit from.

Lastly believe in yourself that you can do it and don't follow or rely on anyone to make profits, Think about what happens when the person you follow is not there, meaning you can't do anything yourself, pay the scarifies to success and you will definitely succeed.

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