Topic: Is it supper easy for you? (Read 102 times)
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Thanks @ Stepstowealth, @Antotena and @Text and to all you that also gave a great reply to my inquiry. It's really helpful.
Nothing is super easy, that said, some things in life get easier with practice, but trading is a speculative game, it will always be difficult in the sense that making money from the market is not easy.
Nothing is easy and there are challenges along the way to either success or failure of an investor or trader. They both have to face with many tests in the market from price movements to psychological challenge. Investors especially experienced ones with some cycles in the market like more than 2 cycles, can have better ability to stay calm against bear markets and corrections. New investors who lack of experience, will be challenged psychologically too, they need time.A most vulnerable participants in the market is traders, who live with the market, interact with price movements more regularly, and surely their psychology will be tested seriously and more regularly too.
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When the market is in uptrend, you are supposed to sell and cash the profit. This money is to be used when in downtrend to target the asset again at a discounted price to be able to buy a multiplied amount of the previous sell. This is basically how trading works but things dont always go according to plan.
For a mistaken long position, you have to wait it out to be able to break even. This is in the context of spot trading though.
Uptrend or downtrend, if you let emotion and psychology affect your decisions, you will more likely to have loss than profit.For a mistaken long position, you have to wait it out to be able to break even. This is in the context of spot trading though.
Wall Street cheat sheet on Psychology of a market cycle.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
It is not easy, especially if you are using leverage. The higher the leverage, the more risky.When the market is going in an uptrend or downtrend, it doesn't just go up or down in a straight line, there's always retracements and that's what is very dangerous at times. Most people's positions get closed (via stop loss) or liquidated because of those pullbacks.
Some people say that it is better to trade by following the direction the trend is moving, but that does not mean that we are completely free from the risks. Trading is an activity that is full of risk, so from the start we must consider it carefully based on risk considerations, mentality, cold money that we are ready to lose.
Well, usually beginners who do not consider all of that, it happens because their knowledge is still limited and they only see the profit side.
Nothing is super easy, that said, some things in life get easier with practice, but trading is a speculative game, it will always be difficult in the sense that making money from the market is not easy.
When the market is in uptrend, you are supposed to sell and cash the profit. This money is to be used when in downtrend to target the asset again at a discounted price to be able to buy a multiplied amount of the previous sell. This is basically how trading works but things dont always go according to plan.
For a mistaken long position, you have to wait it out to be able to break even. This is in the context of spot trading though.
When the market is in uptrend, you are supposed to sell and cash the profit. This money is to be used when in downtrend to target the asset again at a discounted price to be able to buy a multiplied amount of the previous sell. This is basically how trading works but things dont always go according to plan.
For a mistaken long position, you have to wait it out to be able to break even. This is in the context of spot trading though.
Better to stay away against leverage trading.
I only trade in spot, so if the market in uptrend, I choose to hold instead.
Trading is very profitable during sideways, but make sure don't be greedy because in sideways market you will not able to make a lot money for one trade, instead earn small % consistently.
In downtrend, better to hold stablecoin and wait the dip to buy Bitcoin.
I only trade in spot, so if the market in uptrend, I choose to hold instead.
Trading is very profitable during sideways, but make sure don't be greedy because in sideways market you will not able to make a lot money for one trade, instead earn small % consistently.
In downtrend, better to hold stablecoin and wait the dip to buy Bitcoin.
some people did DCA to anticipate the bullrun, some also wait for breakthrough pattern.
usually when you thought market is done with bearish or bullish it'd just go the opposite of your speculation so that's a problem, that's why some people recommend to buy a little by little which is DCA-like just in case.
after all, you want to create best entry here, buying at the most bottom mostly isn't possible but you can always get a little bit worse entry by DCA and still profit anyway.
but if you're so good at TA, you'd wait for pattern and then entry, but i'd say, it's harder than what it looks.
usually when you thought market is done with bearish or bullish it'd just go the opposite of your speculation so that's a problem, that's why some people recommend to buy a little by little which is DCA-like just in case.
after all, you want to create best entry here, buying at the most bottom mostly isn't possible but you can always get a little bit worse entry by DCA and still profit anyway.
but if you're so good at TA, you'd wait for pattern and then entry, but i'd say, it's harder than what it looks.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
In a up trend, if you can hold, you can get profit with either investment or trading.In a down trend, if you hold your coin, you get loss. The way to trade in a down trend market is hold your cash or stable coin, and wait for big dump to buy and take profit with market bounce.
In a side way, you can trade with small profit target like 1.5%, 3.5% with each trading position and there will not be many chances for trading daily.
Storing your capital in stable coin is risky, be cautious and careful.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
It is not easy, especially if you are using leverage. The higher the leverage, the more risky.When the market is going in an uptrend or downtrend, it doesn't just go up or down in a straight line, there's always retracements and that's what is very dangerous at times. Most people's positions get closed (via stop loss) or liquidated because of those pullbacks.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
Hmm, Quite confused anyway according to my experience as a spot trader, market trends don't matter if you are skilled with some strategies and familiar with high proficiency in portfolio management.
Haha, have you seen the meme about how easy is it for a spot trader to change the seat from a trader to an investor as he has no pressure with funding rounds and further market volatility? If the market is in up trend we can start fragment booking and if the market is in a downtrend we can start fragment accumulation and in sideways stop loss trading works quite well even if this works in every trend of the market. (Haha dont take any of my words into heart its just my way of explaining trading style in a funny way as I dont find it efficient to write massive comments that no one reads).
I wouldn't say it's super easy, but experienced traders often develop strategies to navigate both uptrend and downtrend markets. For pro traders, the key is to recognize patterns and adapt their strategies accordingly.
In an uptrend, traders might focus on long positions to capitalize on rising prices. Conversely, in a downtrend, they might take short positions or employ hedging strategies to profit from falling prices. Some traders also use a combination of both, adjusting their positions as the market evolves.
It's definitely a skill that requires practice, experience, and a keen sense of market trends.
In an uptrend, traders might focus on long positions to capitalize on rising prices. Conversely, in a downtrend, they might take short positions or employ hedging strategies to profit from falling prices. Some traders also use a combination of both, adjusting their positions as the market evolves.
It's definitely a skill that requires practice, experience, and a keen sense of market trends.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
The thing about crypto market is that the trend is your friend. This time, Bitcoin is in uptrend position and you should continue to leverage on that to long your positions but please do it with caution, don't over leverage your trades else you will get liquidated quickly as possible, don't short market yet because there is a lot of expectations in the market which are good and we wouldn't know what next until the new US government comes into power.
This is similar to when there is down trend, don't go long when things are looking bad, remove emotions and focus on the real deal and avoid trading when the market goes side ways. You will likely makes nothing but some traders might want to explore more to some other options, like the memes. It's when the market is not moving you will seem memes from different angles but they are risky too because it's a coordinated coin for small group to make money.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
In a market that does not have strong trends, going long or short as the situation demands makes the most sense, but in a market like this one in which the upward trends are so strong, going short makes almost no sense, now you can still obtain profits trading this way if you want, but the profits pale in comparison with whatever you could get by going long, which makes such a proposition not very attractive to my eyes. 
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
More professional traders who know how to trade upward or downward trade did not arrive at such professionalism suddenly, there was a time when their preferred choice of trade was either the upward trend or the downward trend, but as their expertise increased, they found the link and understood better how to trade both in the upward and downward trend. Based on practice and consistency, they have improved. It will not be easy for new traders, to focus on trading both ways, but with time it is achievable. 
The key here is to know exactly the different approach and strategies that are proven helpful in every market movement pattern. Once the market goes uptrend, prices are positive, so just follow what the trend is and find the perfect timing to enter positions following an upward trend. Now, when it’s going downward trend, the market sentiment drops negatively, so you have to look for short-term reversal or simply avoid trading with long positions. And lastly, when the market goes sideways, the key here is to prefer range trading. The price movement seems having no clear direction so you have to trade between support and resistance.
Traders will never find it easy taking an edge and trade in the market. But with consistent market exposure and trading experiences, and of course learning from successful traders, slowly the trading process becomes easier and manageable.
Traders will never find it easy taking an edge and trade in the market. But with consistent market exposure and trading experiences, and of course learning from successful traders, slowly the trading process becomes easier and manageable.
We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
Lol, you should just watch them on YouTube how it's done.. let's take BTC for instance, it's in an uptrend, which we all know as the bull market.. now, every trade is looking for an entry to go long. But you can't just jump into the trend as you will get stopped out and loss money along the line.. if you know this popular saying, buy when the price is low, and sell when price is high, it stands in the crypto or forex market.. any trader who wants to buy btc now and make profits should be looking out for an entry on a lower price level, also on a zone when price might likely not return to, except it has change from buy to sell on the full trend... The best way to understand is YouTube, I can't explain all here for you... 
If the market is in uptrend, it is better not to trade in short position. But there are situations the coin would have increased so significantly and the volatility later also increases, the trader can open short position at the time. But there are some coins that will still continue to increase in price despite this. If you trade coins like bitcoin, it is better you wait for it to retrace and open long position. The price always retrace often before it will continue to uptrend.
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We know that the crypto market is usually in three patterns which are Uptrend, sideways and down trend movement. So my question is, how easy is it for pro traders on this forum to trade on downtrend and uptrend simultaneously or do you only enter long positions repeatedly if the market is in uptrend and also do same for down trend.
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