To all of you who want to start trading: Dont follow advices like "use candlesticks and moving average" blindly. Its way better to get as much knowledge as possible about trading itself, learn as much as possible and start (paper-) trading afterwards. Otherwise you WILL lose a lot of money until you learned the basics by yourself.
There are a lot of very good traders out there which even published tutorials/learning material for free, eg. @philakonecrypto.
Topic: It can be useful - page 5. (Read 974 times)
There is no universal strategy. Market is different eavery day. If we are first day in bear market each dump will be instantly eaten (at liest in 60% before dumping further) by traders buying deep because it is consider as promotion. After few days in bear market each dump will stay there because averege investor is to scared to jump in and each dump is consider not as promotion (sale) but as confirmation that we will never come back. Thats just a sily explenation why there is no universal strategy for daytrading.
Market is different in bear market, in bull market, in stagnation, in first day of bear market, in fifth day in bear market, after 5% dump, after 50% dump, or when new whale just come to trade here, or when new whale just came here to invest long term.
You need to gain experience. Cut lossos. And take as much profit as market gives you. Dont set stiff take profit alwais 0.x %. If market is not acting like you thought (not eating dumped price pushing it up) dont stay on that trade. There is no need to w8 for price to hit stoploss. If it is not bouncing chance that is will bounce is getting lower and lower. Leave to next trade. Even if it will eventualy go up you didnt do nothing wrong. You cant be alwais right.
Market is different in bear market, in bull market, in stagnation, in first day of bear market, in fifth day in bear market, after 5% dump, after 50% dump, or when new whale just come to trade here, or when new whale just came here to invest long term.
You need to gain experience. Cut lossos. And take as much profit as market gives you. Dont set stiff take profit alwais 0.x %. If market is not acting like you thought (not eating dumped price pushing it up) dont stay on that trade. There is no need to w8 for price to hit stoploss. If it is not bouncing chance that is will bounce is getting lower and lower. Leave to next trade. Even if it will eventualy go up you didnt do nothing wrong. You cant be alwais right.
It's a technical analysis but it's not clear and I do not understand what you're trying to explain. These monetization tips do not always work well and I think I am not fit for this type of investment.
I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
I would say that MA is a good indicator for beginners to look at. I think its one of the basics that everyone needs to learn if they want to read or do their own predictions.
And then you gradually move to a more detailed and technical aspects. So just learn the tricks but just be cautious as well. We all know that patterns or graphs doesn't equate success in trading so used your due diligence.
This tips is good and maybe the beginner right now who reach that will apply when they start trading and maybe they will earn profit.
I hope eveyone will gives more tips about trading and ven strategy to help everyone to know what they next do.
I hope eveyone will gives more tips about trading and ven strategy to help everyone to know what they next do.
good tips, a little understanding in trading. can there be a tutorial with pictures? in order to better understand it, here I really hope. because there are still many mistakes that I get trading. where to buy, sometimes it still misses the downward movement. huffft ... 
for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
Trading is not easy that's why we need to be patience and to reach our goal to become successful. There's a lot of strategy or doing technical analysis but it's true it is difficult to apply ourselves.
There are a lot of different technical analysis, and all of them does not fully accurate, so do not forget to use stop loss on the every trade. Moving average is one of the popular indicator that very easy to understand it, for beginner trader this indicator is recommended to use to analysis support and resistance.
This is a very good way, and I like your way, and I am a beginner in trading, so I still use the usual method for my use.
for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Thanks for sharing the tips Friend. 👍👍Which trading pair do you always choose for trading? And what is your favorite timeframe for graph(eg,30 mins or 1 hour?)?
I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
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