How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
I used to try to read the charts, see the volume and many other ways but lately I just rely on news or information from the coin, because lately I trade token from ICO project, controlling emotions I do not quite understand because I also often lose control. 
Topic: How do you trade? - page 10. (Read 1131 times)
Rule is very simple - wait & watch .In every week market go GREEN & RED. SO buy on Red sale in Green. But never be a greedy in crypto. Try to be happy what you gain.
That strategy is very narrow sited due to the fact that it relies on a consistent pattern and we all know crypto begin crashing or go through a bull run out of nowhere. This strategy might make you money in the short term but it will cost more you more later on because if the price were to rise and you were betting on it falling, then you missed out and you either have to buy late or wait for the next crash. The same concept applies when its the other way around as well.
I trade like I played gambling,we don't know if we win but it's up to you if how can you handle your idea or technique,,trading sometimes loss but sometimes gain,well,if you are new in trading you can read the candles stick if the coin you want to buy is dump value before or dip value,if you buy high then suddenly low,you don't have choice you need to wait til the value will become high..only you need to do is hold 😂
Exactly, trading is like gambling there is no assurance that you will win always, in gambling you need to have large capital to have high chance of winning but in trading you need to do lots of research, positive feedbacks and also patience in waiting for pump because it's difficult to predict the up and down of price. Patience is the best way to deal in trading so if you have weak hands don't do it.
Rule is very simple - wait & watch .In every week market go GREEN & RED. SO buy on Red sale in Green. But never be a greedy in crypto. Try to be happy what you gain.
I trade like I played gambling,we don't know if we win but it's up to you if how can you handle your idea or technique,,trading sometimes loss but sometimes gain,well,if you are new in trading you can read the candles stick if the coin you want to buy is dump value before or dip value,if you buy high then suddenly low,you don't have choice you need to wait til the value will become high..only you need to do is hold 😂
Exactly, trading is like gambling there is no assurance that you will win always, in gambling you need to have large capital to have high chance of winning but in trading you need to do lots of research, positive feedbacks and also patience in waiting for pump because it's difficult to predict the up and down of price. Patience is the best way to deal in trading so if you have weak hands don't do it.
I trade like I played gambling,we don't know if we win but it's up to you if how can you handle your idea or technique,,trading sometimes loss but sometimes gain,well,if you are new in trading you can read the candles stick if the coin you want to buy is dump value before or dip value,if you buy high then suddenly low,you don't have choice you need to wait til the value will become high..only you need to do is hold 😂
After many practice I found that mid term and long term trading are the best for me. You don't make profits everyday but after a lot of waiting some coins brought a lot of profit to me. Day trading is hard, I was losing a lpr of money, my timing was wrong in 80% of my trades and more. With mid and long term trading you choose when to sell and how much profit will satisfy you. Until now may waiting paid out a lot, some of the coins I hold for months before I saw profit, and even then I choose to sell or to hold more, couple times I made good decisions, couple times I sold to early, but its working for me I'm satisfied with my profits and that is the most important thing of all.
Day trading can be the most profitable way of trading as you may guess that also makes it the most difficult one I do not know why people keep insisting in doing day trading when they have not mastered other forms of trading, it's easier to buy a coin and then wait a few months to obtain profits it is true you are not going to get profits every day but if you choose the right coin it is not rare to get 100% return in your investments.
Safe trading methods are first know which trade are moving. You can see what coins are active, monitor it. If you know that it was good to trade then ride with the flow. By that you can have little by little of profit. It doesn't matter if its big or not as long as you are generating profit. But if you see that the value is getting low and the flow is getting slower, maybe you can hold your trade and wait for it to normalize the flow. By that will never lose your coins.
I use daily chart and try to learn some technical analysis, and also i learn how to manage emotion during trading. I will buy the coin when oversold and long time consolidation and wait patiently for the price going up. I prefer doing long term trading than day trading because less consuming times. In my experience so far patient is key of success in trading.
The major things I do now are buying low and sell high. It is more like a swing trade and it is more profitable than buying a coins and hold it for a very long time. Many altcoins especially the new one provide this opportunity several times in day and you can take the advantage buy putting your eyes on those coins that are dropping and buy them then wait for another cycle and sell them.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
I don't really do any of these things, and the only thing that kind of relates to what I do, is when you talked about volume. I do look at the charts, and I think that's mandatory if you want to trade, but I'm not trying to predict the future. I look at the charts, and define my entries based on what I already know from the previous market patterns. There are some things that are more likely to happen, so I make those things as my target, and I define a stop loss in case I'm wrong. In the long run, I should be ok, and so far I'm doing fine. But I'm not really trying to predict anything, I just calculate my odds of wining a trade, and try to make profitable decisions in the long run.
My trading plan is based on price actions and candlesticks formation at some strategic points
e.g resistance and support I mostly looked around for bullish or bearish engulfing bars, pin bar or hammers when formed at those marked areas with one more confirmation candle I will trigger a buy or sell trade with a tight stop loss, I have been successful with this strategy however I trade with higher timeframe minimum of daily timeframe.
e.g resistance and support I mostly looked around for bullish or bearish engulfing bars, pin bar or hammers when formed at those marked areas with one more confirmation candle I will trigger a buy or sell trade with a tight stop loss, I have been successful with this strategy however I trade with higher timeframe minimum of daily timeframe.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
if I am alone about how to trade, then I will still see the lowest price if want to buy coins, and will sell it at a high price. in addition I will also keep monitoring the market price charts for the future. then in the trade I try not to mix emotions when trading. if I do that, then maybe I will experience a loss in trading. when I am going to make a decision I will still work to be relaxed and calm, because that will also affect my trade.
I personally trade within a day. At the same time, I adhere to my strategy of risk management. If my expectations of the movement of the coin are not justified, then I immediately sell a coin with a small minus. It is my choice.
What profit do u make bro in day trading ? I tried to day trade and it was not so nice , better to run Trader bots to make 1-2% day trading profit and dont spend u time on graphics and on pc.
LOL. The only way to trade is buy low and sell high so you think there is any other way to trade? All traders are also doing the same to gain benefit from trading. But for now I think it's much easier to earn money from trade than before cause there are a lot of support trading tools for trader like trading bot, trading signal,....
And there is still trade with an increasing trend (when the coin does not drop to its lows). Therefore, never say that there is only one way to trade.
I personally trade within a day. At the same time, I adhere to my strategy of risk management. If my expectations of the movement of the coin are not justified, then I immediately sell a coin with a small minus. It is my choice.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
Trading is an art not a science for which we have some fixed techniques or methods.For trading we have to modify our strategies according to the situation.But trade in profitable situation with good coins having potential.You can diversify your portfolio for risk division.Else everything comes with experience and skill and time.
I am not involved in short-term and day-to-day trading, maybe I will lose my immediate profits and lose money
However, in the long run, as long as the trend is right and the chosen value currency is good, it is very likely that there will be a greater gain
However, in the long run, as long as the trend is right and the chosen value currency is good, it is very likely that there will be a greater gain
Yes short time trading will not give you a much profit , so trader must hold their bitcoin for a long period of time it is the basic way to earn a huge profits . If you will not follow the basic statistics in trading you may able to loss your profits in bitcoin trading.
LOL. The only way to trade is buy low and sell high so you think there is any other way to trade? All traders are also doing the same to gain benefit from trading. But for now I think it's much easier to earn money from trade than before cause there are a lot of support trading tools for trader like trading bot, trading signal,....
You should control the emotion should not get into your trading.Many had lost their money by this emotion.When the price increase,if you are emotional addict you will buy a bitcoin at high price by considering it reach maximum value.I will not allow my emotion to get into my trading.
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