Topic: How do I make money trading - page 4. (Read 5103 times)
You can’t predict the future. Everyone thinks they can. But they can’t. This applies not just to trading but almost everything. Hope is not a strategy. And don't borrow any money for trading. Also invest for long term perspective, if you plan for day trading then it is almost a gambling so it purely depends on your luck instead of any strategy.
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
Are we reading the same trollbox?
The BTC-E chat is called "the trollbox" for a reason. I would say that chatter there is overwhelmingly unintelligent, and most traders in there (and in general) are losing money.
The key to trading is knowing the numbers, probabilities, and exploiting edges. You need to find a system that works for you -- there are too many to name here. Some of the simpler ones are EMA/MA cross systems or chart patterns like wedges, triangles, harmonic structures etc. Investopedia, Stockcharts, and Bulkowski's ThePatternSite are all good resources to start. Babypips too.
The problem with any one indicator is that you need to separate signal from noise and trend from chop. It's easy to get whipsawed blindly trading based on EMAs or bull/bear divergences on oscillators. I would also suggest looking into structural analysis (e.g. wave structure, EW, horizontal support/resistance levels) and candlestick analysis to help determine the bigger picture. It's important to recognize when the market is ranging vs. trending.
Best of luck to you.
It is easy to say buy low and sell high. When price is falling how long do you wait to buy,if at all. How do you know price has reached bottom and then to sell at peak? There is no absolute method.
you can't be 100% sure about this all the time even if you are a very experienced trader, the only thing is to compare the current trend with the old trends, if they share somethign similar you can expect an equal direction
also there are "forms" of the chart that can tell you soemthing like the double bottom or double top or two "shoulders one head"
It is easy to say buy low and sell high. When price is falling how long do you wait to buy,if at all. How do you know price has reached bottom and then to sell at peak? There is no absolute method.
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
before you trade you must know about "what your point "
-earning bitcoin
-earning money ($,euro,CNY,AUD etc. )
-earning shitcoin (DOge,litecoin,arch,start)
after it you must choose exchanger
-bittrex
-huobi
-bitfinex
-bitstamp
and you must know FAQ, fee, withdraw etc like that of that exchanger
and start trading with more research about speculation, reasonable, from twitter, bitcointalk.org trading view
and take actoin buy or sell
Good luck guys
buy low, sell high? that's the only thing i know about trading 
seriously, i think perfect timing plays a big role in trading
seriously, i think perfect timing plays a big role in trading
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
Yes, the famous btc-e chat box, where everbody are the winners and know what they are talking about.
The truth is that they are all probably losing since they all wouldn't be there to run their mouth if they were winning.
Look, trading bitcoin and even more altcoins is very hard ad the moment. Market is thin and small and you are pretty much at the mercy of 1 whale that will either make a huge sell or buy, that's why we can see so much volatility in bitcoin.
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
buy at bottom line sell at hig line
that simple
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
Well, I would share some time-tested strategies using exchange-traded derivatives, but that ass-clown Cyrus deleted my post. Didn't even have the courtesy to tell me he was deleting it, or why. I only found out when other people complained. Bottom line is, if you really want quality information on how to trade btc profitably, you'll have to get it somewhere other than this sh*thole 'bitcointalk.' You might try looking on reddit, there are some good threads/posts on trading btc there. You won't find any here.
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
Jump to: