Does Trade have types? - page 4. | Bitcointalksearch.org

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

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

Charmekkd

jr. member

Activity: 103

Merit: 6

in trading we must know the knowledge first, and when trading we must have a strong mentality, and I often trade short term
and a lot of losses but I do not give up.
and I learned a lot from my experience and corrected my mistakes..
and finally now I understand about trading because I have experience always trading.
so I think must you learn from your failures and don't give up.

Maus0728

legendary

Activity: 1904

Merit: 1563

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.

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

All of which have risk of having losing trades that traders are not exempted, because regardless of what type of trade you use, if you are not familiar on how properly execute it, you'll always find yourself on the losing side. Things like bankroll management, RR ratio, T.A, Trade management, using trading journal should be your priority than finding a shortcut to make money.

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

type of trade that someone can follow to make profit from.

Copytrading is your best bet. But that doesn't mean there is a guaranteed profit.

blockman

hero member

Activity: 3066

Merit: 629

20BET - Premium Casino & Sportsbook

As said, there are too many of them and you can find comfort in any of them so before you choose one, you have to test the majority of them until you find the one that works for you. A newbie would try those types that they think can make them a lot of money so quickly.
But that's like a trap and don't go that way because in everything there's a process and the best of it is the slow but sure method where you get to know the type and the strategies that lie on it so that you can assure your trades will mostly win and not losses.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

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.

Bitcoin_Arena

copper member

Activity: 2128

Merit: 1814

฿itcoin for all, All for ฿itcoin.

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.

BitMaxz

legendary

Activity: 3472

Merit: 3217

Playbet.io - Crypto Casino and Sportsbook

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

There are many of them if I were you if you want to make a profit in trading learn how to use indicators, FA and TA.

Here's a good source below to learn how to trade

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

Sakanwa

full member

Activity: 560

Merit: 141

★Bitvest.io★ Play Plinko or Invest!

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.

Topic: Does Trade have types? - page 4. (Read 580 times)