Does Trade have types? - page 2. | Bitcointalksearch.org

Litzki1990

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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.

In the field of trading, there are several types of trading according to which it is possible to earn profit. In terms of trading, you can follow whichever style seems easier to make a profit. Two types of trading are most commonly used, one is spot trading and the other is futures trading. If you have no idea or experience in trading or if you are new to trading then you can follow spot trading. Because if you do futures trading without understanding about spot trading, you may suffer. And if you have enough knowledge about trading then in that case you can do futures trading but before doing futures trading you must know caution about futures trade because futures trading is very risky.

Timmzzy

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YES trading has types examples are; DAY TRADER, SWING TRADER, SCALP TRADER AND POSITIONAL TRADER. now without a proper knowledge of of trading you dont expect to just know a certain TRADING APP or you see their Adverts ON HOW YOU CAN MAKE $10 turn $10,000 Grin

which is basically the tricks they use to trap make NEWBIES, and in your mind you think its that simple my dear you need good knowledge for this.

MIner1448

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Yes, there are different types of strategies in trading that can help you make a profit. Some of them include long term trading, short term trading, scalping, investing, etc. However, there are no guaranteed types of trading that can guarantee profits, since trading is a risky business, and profits and losses depend on many factors, such as market conditions, market analysis skills, psychological approach, etc. Therefore, it is important to carefully study and understand the market before you start trading and follow a carefully designed strategy.

Silberman

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Quote from: Sakanwa on February 28, 2023, 06:27:16 PM

Quote from: palle11 on February 28, 2023, 08:53:26 AM

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

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

You don't have to worry yourself if you are not ready to lose in trade. The hard truth is that no type of trading option is a give away to traders, you have to learn and get equipped with enough knowledge and the good thing about trading is it follows almost same pattern, you have to use technical analysis. Whether deriv option, forex, crypto are following same pattern.

What kind of technics can a beginner apply during trading, because you take about technics does trading has a pattern for getting profit without much loss.
I am asking because I have lost alot in trade and I don't want to loss anymore.

Technical analysis is a topic that is simply too deep to synthesize in just a few tips, but the idea behind it is that with the use of a combination of indicators you can increase your ability to predict what the market is about to do and profit from it, if you are serious about trading then you can read a few books about the topic, test some of the strategies on those books and finally decide which one fits you the best, but I am warning you this is a process which will take you months and not many people are willing to do this.

huu78

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as far as I know there is such a thing as spot traders and leveraged trading, then margin trading.
spot trading buys when the price is low then sells it when the price is high, leverage trading guesses/predicts the price will go down or up using the coin or stable coin.
and for margin trading I've never tried it.

Dragonfund

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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.

Copy trading is for lazy people who don't want to use their resources to do research and this usually results in losses, because you just copy another trader's set up and anything can go wrong in the process and he will not update his followers about the new update, so even if there is something that comes up, you will have had loss before you realize and taking correction will be late by that time, so it is better to trade your own, set your own target. Most importantly, this type of trading should be discouraged since experts do not disclose their losses, which is deceptive to say the least.

jrrsparkles

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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.

Mpamaegbu

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Quote from: Franctoshi on March 13, 2023, 07:54:48 AM

Quote from: Mpamaegbu on March 13, 2023, 02:43:13 AM

~snipped~

The Op question clearly shows he got zero knowledge about trading and luckily for him he has come to do the right thing by asking the needful questions.

I don't really think OP is that lucky. I said that because the type of trading OP is on is completely different from the type of trading most of the users here are conversant with. I've read a lot of comments and the suggestions point to crypto type of trading. Deriv/Binary isn't crypto trading. It's volatility indices. Apart from it being trading, it's completely different from cryptos and even FX stuff. Except someone decides to open a thread to discuss Binary now, I haven't read anyone write about it here.

Franctoshi

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Quote from: Mpamaegbu on March 13, 2023, 02:43:13 AM

By the way, how would you go into trading something you haven't practised on demo? That's unnecessary risk. V100 isn't even as volatile as V75. You should demo trade it with the lowest lot size which is 0.001. Even with such small lot size, one can make more profit/loss daily on it than someone on 0.05 lot size on a currency pair on Forex. It shows how volatile the market is. Not even Gold pair is that volatile.

Going into trading without learning and having good understanding about how the market works has been the major problem with newbie traders, and after they have lost huge amount of money they began seeking for the knowledge. The Op question clearly shows he got zero knowledge about trading and luckily for him he has come to do the right thing by asking the needful questions.

The deriv platform is specifically a Binary option trading platform formerly binary.com before they changed their name to deriv.
However, As types of trading has been listed by Fivestar4everMVP, you can choose to learn all and later specialize on one or either choose to start on learning one that you may find suitable and develop your own strategy in order to profit.

andriarto

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Quote from: borovichok on March 12, 2023, 01:58:12 PM

Quote from: Alisha-k on March 06, 2023, 02:29:21 PM

They're a handful of them, the best is to study and know which you're most comfortable with and stick to it.
There is;
Spot trading
Derivative
Scalping, swing trading etc.

The market is important for beginners, just as it is for crypto specialists. Trade consists of various departments with a wide range of themes. I'm going to continue using the trading approach that makes the most money and fits my pattern the best. Because it's so simple to trigger positions on the market with perfect timing and good entrances, I preferred spot and scalping. These are challenging at first, but as the countdown progresses and one grows familiar with the method, the location is viewed as less dangerous, with earnings easily flooding in.

for those who already understand spot trading and scalping as if they are friends, sometimes we have to give up losses by means of cut losses, because the market moves not according to the initial plan, so if you leave the framework then cut loss is an option, learning discipline like that is not easy, especially to be able to control our emotions. but if we are used to it, then we can enjoy trading healthily, because we can follow the will of the market to move, not impose our own will

Mpamaegbu

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

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.

You're talking about Volatility Index and Synthetics. In the recent past it was known as Binary. It's traded like the Forex and Crypto markets. Unlike FX, it's a continuous market that doesn't go on break or close throughout the year, making it take after the crypto market that doesn't go to sleep. By the way, how would you go into trading something you haven't practised on demo? That's unnecessary risk. V100 isn't even as volatile as V75. You should demo trade it with the lowest lot size which is 0.001. Even with such small lot size, one can make more profit/loss daily on it than someone on 0.05 lot size on a currency pair on Forex. It shows how volatile the market is. Not even Gold pair is that volatile.

borovichok

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Quote from: Alisha-k on March 06, 2023, 02:29:21 PM

They're a handful of them, the best is to study and know which you're most comfortable with and stick to it.
There is;
Spot trading
Derivative
Scalping, swing trading etc.

The market is important for beginners, just as it is for crypto specialists. Trade consists of various departments with a wide range of themes. I'm going to continue using the trading approach that makes the most money and fits my pattern the best. Because it's so simple to trigger positions on the market with perfect timing and good entrances, I preferred spot and scalping. These are challenging at first, but as the countdown progresses and one grows familiar with the method, the location is viewed as less dangerous, with earnings easily flooding in.

Scripture

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Quote from: Alisha-k on March 06, 2023, 02:29:21 PM

They're a handful of them, the best is to study and know which you're most comfortable with and stick to it.
There is;
Spot trading
Derivative
Scalping, swing trading etc.

This could be a good list to start with, if you are more comfortable to do spot trading then its good for you or you do prefer to take more risk then go to futures. Scalping can work if you have a lot of time in this market so in short it will always depend on your choice and availability.

Though your profit will depend on your knowledge and strategy in gambling, this is a different concern but you should spend time for this as well because this is a very important part of the process in trading, to learn more.

|MINER|

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Quote from: FanEagle on March 06, 2023, 12:01:34 PM

Spot trading is the simplest if you ask me, I know some other traders prefer better and bigger stuff but I believe that you should only be doing them if you are already veteran of spot trading and it's better to start with that. If you are starting with leverage trading then you are doing the wrong thing, if you are wondering what type of trade types are there then you are a newbie and all you should do is buy a coin, hold for a while, sell when it's higher and nothing more.

Sometimes it will go up that day and you will make a profit, sometimes you will hold it for months before you profit, but you keep doing that until you make a good amount of profit, enough to start leverage with just the profits.

I gonna also agreeing with you on this point of Spot trading.For starting trading I thing spot trading will be the best option from they various types of trading. Because for knowing the methods it is easy on it from the others. So for the beginning of trading to stop or decrease the losses I think you should start with spot trading and you should also select a good user-friendly inface included Platform for that. You can choose Binance for that.

Alisha-k

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They're a handful of them, the best is to study and know which you're most comfortable with and stick to it.
There is;
Spot trading
Derivative
Scalping, swing trading etc.

FanEagle

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Spot trading is the simplest if you ask me, I know some other traders prefer better and bigger stuff but I believe that you should only be doing them if you are already veteran of spot trading and it's better to start with that. If you are starting with leverage trading then you are doing the wrong thing, if you are wondering what type of trade types are there then you are a newbie and all you should do is buy a coin, hold for a while, sell when it's higher and nothing more.

Sometimes it will go up that day and you will make a profit, sometimes you will hold it for months before you profit, but you keep doing that until you make a good amount of profit, enough to start leverage with just the profits.

Xampeuu

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Quote from: wiss19 on March 03, 2023, 04:50:34 AM

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.

What you are referring to is most probably an options trading app or platform, and let me tell you one thing, don't ever fall for the fancy and profitable advertisements these platforms create on social networks to lure in new users to make investments in order to win big. Options trading can be too risky, and you can lose a significant amount of money in it if you are not properly trained or experienced in it.

You can find a lot of channels on YouTube that do options trading and post videos, they also teach techniques and ways of doing it, but I still wouldn't advise you to get involved with it. It is better if you learn about crypto spot trading and invest in that instead of options.

many complain about options trading, even though many tutorials seem easy to do and immediately get big profits and multiply, but in the end you lose, limited time is not a good idea to trade, it's like just guessing, and the market moves like it shouldn't. it is better to do spot trading, we can adjust the strategy according to our trading style, so that we are in control of ourselves, until we find the right trading style and can provide consistent profits

wiss19

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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.

What you are referring to is most probably an options trading app or platform, and let me tell you one thing, don't ever fall for the fancy and profitable advertisements these platforms create on social networks to lure in new users to make investments in order to win big. Options trading can be too risky, and you can lose a significant amount of money in it if you are not properly trained or experienced in it.

You can find a lot of channels on YouTube that do options trading and post videos, they also teach techniques and ways of doing it, but I still wouldn't advise you to get involved with it. It is better if you learn about crypto spot trading and invest in that instead of options.

Oilacris

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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.

This is why im not really that interested if ever there are someone who do make out some recommendation about subscribing about vip groups and providing signals which it isnt really just that worth or

simply just a waste of money.It is really that much better if you do trade on your own and with your own ways.No matter what method you would be using as long you do find yourself that effective
or really be able to sustain and this is why you should really be staying on where you do see that you are really that making money.

Dont easily fall out into those people who do say that they are profiting or what.Its better to stick with your own.

goaldigger

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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 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.

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