Does Trade have types? - page 3. | Bitcointalksearch.org

jostorres

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Quote from: Sakanwa on March 01, 2023, 05:40:12 AM

Quote from: EdgyK on March 01, 2023, 02:43:17 AM

I think it's important to consider the long-term potential of any investment in cryptocurrency. While it's true that some coins have seen rapid price increases in recent months, there's always a risk of a sudden drop in value.

Living a long term potentials I guess might cost you a huge lost and in most cases huge profit, so paraventure you did they long term project and fails what will you then do or what do you expect the beginner the next?

Actually, long-term is the most safest form because it allows you to wait for the asset's value to recover if they are dumping. It's also the most profitable because it allows you to see more ATH's. We should only ensure that what we HODL for the long term are coins who already have a long-term history of recoveries because they are likely to go for more years. Now back on the original topic, yes trading has different types. They can be spot and futures trading.

Options is also another type of trading but this one is I think more like a gambling. This is why only less people are doing it. Nowadays I see a good demand on futures but this one is also a little riskier than in spot so we have to pick our poison wisely.

jaberwock

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Quote from: Edwardard on March 01, 2023, 12:17:42 AM

If you really have the interest in trading, with time you will learn all the ins and outs of it. If nothing works for you unfortunately it means that you are not made for trading. You should better leave it if you are not able to learn after continuous trying. Instead, just focus more on the hodling part (on spot) and do something else for getting the income to dca again. Don't feel demotivated even if you fail in one thing, not everyone is same.

No one is made for trading but it only boils down to how consistent and patient we are. When hearing the word trading, the first thing that comes in our mind is to make great profits. No one in earth dislikes money because it is very useful and can make a life of the person better or happier so all should have an interest in trading but all are committed to it. We also have investing next to trading.

We can do both of them because investing does not need active monitoring but once you buy a good coin, you can just leave it there and open only your wallet after many years to harvest your profits. We can still be able to do a DCA even without constantly selling but we can just use our salary and other sources of income.

Sakanwa

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Quote from: el kaka22 on March 01, 2023, 03:54:25 PM

These types are basically like types of human as well, nothing further. If you are a person who likes to jump out of planes, or bunge jumping or whatever, then maybe 100x leverage could sound fun to you, my understanding of "fun" is staying at home, watching some netflix, and eating popcorn while drinking cola. That means I love long term investment, because you can't go to safari everyday, but you can watch netflix every single day.

On the other hand, we are talking about people who like to go to work and enjoy their work, those days are short term scalping type of traders, not as lazy as me, but not as risky as leverage, and many other types of trading, all equals to a type of person.

So are you trying to say that going in short term trade is not really good for beginners right or what,I want know if it not good for beginners and why did you choose the long term then short what can be your advice for those who are planning or wanting to join trade or become a successful trader.

el kaka22

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These types are basically like types of human as well, nothing further. If you are a person who likes to jump out of planes, or bunge jumping or whatever, then maybe 100x leverage could sound fun to you, my understanding of "fun" is staying at home, watching some netflix, and eating popcorn while drinking cola. That means I love long term investment, because you can't go to safari everyday, but you can watch netflix every single day.

On the other hand, we are talking about people who like to go to work and enjoy their work, those days are short term scalping type of traders, not as lazy as me, but not as risky as leverage, and many other types of trading, all equals to a type of person.

Sakanwa

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Quote from: EdgyK on March 01, 2023, 02:43:17 AM

I think it's important to consider the long-term potential of any investment in cryptocurrency. While it's true that some coins have seen rapid price increases in recent months, there's always a risk of a sudden drop in value.

Living a long term potentials I guess might cost you a huge lost and in most cases huge profit, so paraventure you did they long term project and fails what will you then do or what do you expect the beginner the next?

EdgyK

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I think it's important to consider the long-term potential of any investment in cryptocurrency. While it's true that some coins have seen rapid price increases in recent months, there's always a risk of a sudden drop in value.

Edwardard

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Quote from: Sakanwa on March 01, 2023, 12:01:09 AM

Quote from: Edwardard on February 28, 2023, 11:37:02 PM

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

What kind of technics can a beginner apply during trading,

As a beginner, observation is the best technique you can apply to the markets. Just watch the price actions and see how it adapts with the free indicators you get in tradingview. Later, trade with few dollars and learn what type of mindset you have. You gotta know yourself first, none can teach you about you. If you got a patient mind, you can be a swing trader. If your mind has the ability to switch quickly with emotions under control, you can be successfull in short term trading.

I have tired using the method of trading with small amount not all your capital and I still fails,I tired using all the capital but to no avail fails,what such trader do next to stop lossing much but getting much profit what?

If you really have the interest in trading, with time you will learn all the ins and outs of it. If nothing works for you unfortunately it means that you are not made for trading. You should better leave it if you are not able to learn after continuous trying. Instead, just focus more on the hodling part (on spot) and do something else for getting the income to dca again. Don't feel demotivated even if you fail in one thing, not everyone is same.

Sakanwa

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Quote from: Edwardard on February 28, 2023, 11:37:02 PM

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

What kind of technics can a beginner apply during trading,

As a beginner, observation is the best technique you can apply to the markets. Just watch the price actions and see how it adapts with the free indicators you get in tradingview. Later, trade with few dollars and learn what type of mindset you have. You gotta know yourself first, none can teach you about you. If you got a patient mind, you can be a swing trader. If your mind has the ability to switch quickly with emotions under control, you can be successfull in short term trading.

I have tired using the method of trading with small amount not all your capital and I still fails,I tired using all the capital but to no avail fails,what such trader do next to stop lossing much but getting much profit what?

Edwardard

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

What kind of technics can a beginner apply during trading,

As a beginner, observation is the best technique you can apply to the markets. Just watch the price actions and see how it adapts with the free indicators you get in tradingview. Later, trade with few dollars and learn what type of mindset you have. You gotta know yourself first, none can teach you about you. If you got a patient mind, you can be a swing trader. If your mind has the ability to switch quickly with emotions under control, you can be successfull in short term trading.

dunfida

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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.

Trying to understand that 100v then for sure it is a typo or something in 100x leverage which it could blown up your entire balance even with some percentage price movement.
Speaking about on type of trades then it could be spot,future,derivatives which you would be adjusting basing up on what leverage you could take on.

Type of traders?
DayTrader
Scalper
Swing
Long term

So choose which one you would be suiting in.

Sakanwa

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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.

Sakanwa

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Quote from: Fivestar4everMVP on February 27, 2023, 05:38:33 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.

Trade have types, most especially, if we are discussing cryptocurrency trading, there is..
-Spot trading
-Abitrage trading
-Options trading
-Futures/margin trading
-P2P trading
-Trading derivatives
Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it.
Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself.

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.

Flexystar

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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.

The app does not matter as long as you know what you are doing. Just understading the type of trading wont make any difference because at the end you will have to understand what it is and how it works. For example, scalping, it is not everyone's cup of tea however an arbitrage trading might be! It's not easy job when it comes to the advance techniques/types of trading.

Considering what you have experienced in the past it is better to avoid the advance crypto trading. You should really start very small, for example hodling portfolio of 5-6 coins which are strongest and close to the #1 that is bitcoin. Try to gain the profits over the time and see what you learn from that. As long as holding is considered you are just doing long term trading and gaining profits only if you sell your portfolio.

The advice is coming out of experience and also the volatile the market the more risky it is to trade. Better keep it low and play safe.

palle11

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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

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.

lumbridgecity

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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.

I am biased. My system works and makes money. The system is not hard - knowledge about trading isn't the difficult part and I can help you follow along with the system I trade.

But it's a lot like golf. There's not a lot of time you are actually hitting the ball in golf. most of the time you are walking to the next shot. How you hold your emotions and your mental imaging during that time will have profound effect on the success of the next time you hit the ball. The mental side of golf is the biggest edge. Not the mechanics of hitting the ball.

Check out the research blog https://altcoinopportunities.com as a starting resource.

Trade safe, and keep those losses small.

Doug

slaman29

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There's a lso one particular type of "Trader" that comes in a forum after trading, and after losing money, asking what type of trades there are and that's "trade gambling". Believe it or not, the majority of traders are this kind of gambler, whether they admit it or not. Also whether they are aware of it or not.

They think they are using a strategy. Day, swing, scalp whatever. But they are coming in with the same mindset a guy goes into a casino and believes he has a roulette strategy.

I am using my own personal experience not just in crypto or Bitcoin but forex. So no, this is also a personal reflection Wink

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Quote from: BitMaxz on February 27, 2023, 05:21:44 PM

Types of trades I think you talking about like scalping, day trading, swing trading, and bear/bull trading.

The types of trading that I know are just scalping, day trading and swing trading which are based on the time the trader wants. Scalping which requires few minutes to like an hour, day trading that requires hours to like a day or 2, swing trading that requires few days to weeks or a month.

But there are other forms of trading like arbitrage.

Quote from: Maus0728 on February 27, 2023, 07:09:08 PM

Did you mean types of trading? We have:
- Day, Swing, Position trading
- Scalping
- Algorithmic Trading
- Options Trading
- Futures etc..

What is the difference between position trading and future trading? Aren't they the same thing.
Option trading is also part of future trading.

Algorithmic trading is not what should be considered as a trading type:

Quote from: Fivestar4everMVP on February 27, 2023, 05:38:33 PM

Trade have types, most especially, if we are discussing cryptocurrency trading, there is..
-Spot trading
-Abitrage trading
-Options trading
-Futures/margin trading
-P2P trading
-Trading derivatives
Though I am only familiar with 4 which are spot trading, futures/margin trading, Abitrage trading and p2p trading, I am not so sure about derivatives and options trading as I just hear and see it on some trading apps, I've never tried it.
Now, knowing how this different market works and how to trade and make profit from them is a different thing altogether, and I personally would suggest you do some research on this yourself.

Options and future trading are derivatives. Margin trading is never in the category of future trading, they are very different but just that they both make use of leverage, but how it is done is different and the leverage you can go up to in future is far more than in margin trading, both should be considered separate.

The types of trading that I know are scalping, day trading and swing trading. But in crypto, it is worth knowing derivative trading which is what traders are using to scalp, day trade and swing trade.

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Quote from: dansus021 on February 27, 2023, 09:09:55 PM

Can you show us the app that you have been using, I just do a quick search about Deriv Go this is an app on the Apps Store and it does forex CFD and Cryptocurrency as well but I think this just regular forex broker - https://deriv.com/

People above me already said trade type, but if you mean this

its different
there is actually mean to different types of trade

A CFD (contract for difference) allows you to trade on the price movement of an asset, without buying the underlying asset.
Deriv multipliers combines the upside of leverage trading with the limited risk of options. This means that when the market moves in your favour, you'll multiply your potential profits. If the market moves against your prediction, your losses are limited only to your stake.
Options are products that allow for payouts from predicting market movements, without needing to buy the underlying asset. You only need to open a position that predicts how the asset will move over a period of time. This makes it possible for people to participate in the financial markets with minimal capital investment.

and when it comes to contract trading don't use high leverage when you don't know what you are doing is high risk especially with low timeframe like 5 Minute

[/quote

In these kind of trade how does it work because I guess I might have touch these type of trade on Deriv Go and yet didn't get much profit then loss,how can I use this very trading type to work and get profit.

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Quote from: hd49728 on February 28, 2023, 12:43:13 AM

Many trade types but there are most commons and best weapons for you in trading. They are weapons to keep your capital against loss (minimize loss) and protect your initial capital as safest as possible.

One of the Best Weapons in Trading
Stop limit order

If you don't use stop loss and stop limit orders, don't trade.

you are right, I too was like OP, and lost some of my money on my trading. and it led me to find out how more experienced traders manage their risky trades to be more secure. I know it won't eliminate the risk of trading, but I think using Stop Lose in trading is enough to reduce the losses we can bear. it is very useful for beginners who often lose in trying several types and trading techniques.

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Many trade types but there are most commons and best weapons for you in trading. They are weapons to keep your capital against loss (minimize loss) and protect your initial capital as safest as possible.

One of the Best Weapons in Trading
Stop limit order

If you don't use stop loss and stop limit orders, don't trade.

Topic: Does Trade have types? - page 3. (Read 580 times)