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Topic: Is it time for us to get back to trading? - page 6. (Read 1278 times)

legendary
Activity: 2688
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because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline,

That was your own analysis based on what you have noticed, but the question is, is that really what happened? There is no source where we can see the actual feeling of traders right now. You have to decide on what to do based on what you see on the market and not because of your speculations about how traders are reacting today.

and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

Definitely you need to trade to recover your losses. But don't have that mindset as recovering the losses might result into much worst scenario.

Practice trades win or lose. That's how you will become a better trader soon.
hero member
Activity: 2884
Merit: 794
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Real traders trade every day no matter how is the market: red, green, purple, orange... because it's their job. Even after losses they continue to trade. Here people believe they're a trader when they're gambling with $2000.

Do you imagine if IRL traders from banks and institutions stopped to trade because the markets are entering in a dark period (like currently with covid-19 or like in 2008-2009)

Correct, for traders the volatility is their ally and not an enemy, it does not really matter to them the direction the market is taking as long as there is enough movement on the market to generate profits with their favourite trading method, in fact what traders hate the most are static markets in which the price does not move much for long intervals of time, which is why they love this market as everyday there is a lot of intraday action they can take advantage of, and it can be argued that since the drops in the market are even faster on average than the upward movements that they like it even more when the market crashes as they can earn huge sums of money shorting the market.
member
Activity: 1204
Merit: 38
Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?
Its always good time for you to start or get back into trading, the price increase is not really important in trading the price movement in short term matters and its very much possible in everyday with crypt crypto currencies.So get into trade and start to analyse the market before executing your trade order.
legendary
Activity: 3108
Merit: 1138
Real traders trade every day no matter how is the market: red, green, purple, orange... because it's their job. Even after losses they continue to trade. Here people believe they're a trader when they're gambling with $2000.

Do you imagine if IRL traders from banks and institutions stopped to trade because the markets are entering in a dark period (like currently with covid-19 or like in 2008-2009)

Absolutely right on what you have said where real traders doesnt really mind on whats the current market condition and come to think that losses is always been part of the risk or they journey that they had taken.We do see that the market still moves which means there are activity between sellers and buyers,
there might be people who do turn their back from trading but doesnt mean that it would be applied out globally because real traders would really see an
opportunity on declining market where they do saw the chance on buying out cheap and would gain out later on when the market tends to recover.
Rinse and repeat the same process then boom = profits.!
copper member
Activity: 2002
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First there are two types of traders.
1.  HODLER's (or what most people call "investors") - those who buy the deep and wait for months or even years until they feel they have made massive or enough profits and then sell off. This kind of traders are seasonal and wait for the perfect opportunities to trade. They don't entertain small daily profits.

2. Day traders - They are always trading, whether it's bear Market or Bull Market. They are always riding those daily waves for small profits which they hope to accumulate over time.

So this question is wide. It depends on what kind of trader you are. If it's a day trader then almost any day is trading time. If it's a HODLER. Then you will have to wait for the perfect opportunity. @019, then BTC almost 3K was the perfect Opportunity, In March this year when BTC almost hit 4K was the second most perfect opportunity to get in.
hero member
Activity: 1624
Merit: 624
For short-term trades, the market seems to be suitable. Especially recently, due to the start of the market activity and the increase in the transaction volume, I started to increase my daily transaction count. Although I am a trader every day, I follow the market more in such periods and I take care to increase the number of transactions during these periods. In fact, there is always the opportunity to trade for a real trader, but when there are market conditions like this, we have to do more and evaluate our market mobility and evaluate our chances of making more money. Although the market is suitable for making money, I recommend that people who do not have enough knowledge and experience do not trade or carefully, with little stop using stop loss. On the other hand, we should not be greedy in such occasions and we should not leave our transactions to chance after we have achieved the targeted profit margin.
copper member
Activity: 2828
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Real traders trade every day no matter how is the market: red, green, purple, orange... because it's their job. Even after losses they continue to trade. Here people believe they're a trader when they're gambling with $2000.

Do you imagine if IRL traders from banks and institutions stopped to trade because the markets are entering in a dark period (like currently with covid-19 or like in 2008-2009)
full member
Activity: 910
Merit: 100
elysian.finance
Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?
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