Author

Topic: It can be useful (Read 983 times)

hero member
Activity: 1036
Merit: 500
December 12, 2018, 02:25:09 AM
#91
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.
Quite a good tip, and thanks for sharing. A lot of my friends has quit cryptocurrency trading cause they say it’s no longer benefiting them. Some of them are now doing binary trading and forex, making use of platforms like OlympTrade, and they are quite making it through that platform, with just little as $10 they can trade and make a lot. Not ready for that, I’m still into cryptocurrency. And once again, thanks for the tip.
newbie
Activity: 82
Merit: 0
December 10, 2018, 09:19:46 PM
#90
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
each person has advantages in trading,  but the most important advantages in trading are experience,  this can be used as a benchmark in selling and buying, but indeed the instinct to trade can be formed if we jump into the field and participate in trading,  the unique trade in bitcoin lies in our accuracy with respect to time,  when to buy and when to sell,  this is very influential on the results we will get.
member
Activity: 252
Merit: 11
Decentralized Digital Billboards
December 10, 2018, 05:44:29 PM
#89
Technical analysis allows you to feel more confident in the market and make trading operations with the least risk. But I think for many investors, especially beginners, technical analysis is difficult to understand.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
December 10, 2018, 03:15:06 PM
#88
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.
Following this strategy tip traders (especially newbies) can decrease their risks. However bear in mind that last time before moving price manipulator always draw a candle with very long shadows, which means gatherin stop-loss orders. Do not get caught.
jr. member
Activity: 266
Merit: 2
December 06, 2018, 01:11:39 PM
#87
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.
Good observation. However, I would not rely on only one trading instrument. It is worth adding such tools as RSI, Stochastic, MACD and Bollinger bands. I am sure that with them the risk of failure will be reduced significantly. Ideally, learn to draw support and resistance lines. This will bring you to a new level of earnings.
hero member
Activity: 1008
Merit: 501
December 05, 2018, 09:29:35 PM
#86
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.
One of the best indicator to be used in trading is MACD or Moving Average Convergence and Divergence. I just don't know how it works in cryptocurrency because I saw it is use in Stock Exchange. A lot of things that crypto and stocks have differ. In fact, there are more high volume of trades when it comes in stocks than crypto specially the new coin from exchange.
Tare actually many methods of strategy for technical analysis such as using bollinger bands, combination of trendlines and so fort. its use is up to you and in accordance with existing market conditions. the most important thing is to continue to learn about this strategy. then you can be an expert
hero member
Activity: 1092
Merit: 501
December 05, 2018, 08:50:33 PM
#85
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

You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading.
Trading is extremely difficult and it becomes even more difficult when trying to trade bitcoin or any other cryptocurrency because the variations in the price are incredible, in the stock market to see a change in the price of 5% it could take you a whole day and sometimes weeks, but in the market of cryptocurrencies such movements can happen in a time span of minutes.
That's how volatile crypto is, so you should be aware of the big price movement in order for you to make the right strategy.
If you like stocks where less volatile then you should not be trading in crypto, here, you can loss easily or you make money easily, depending on the market.
I was just pointing out the differences between the market of cryptocurrencies and traditional markets, and why the volatility that we see in the market of cryptocurrencies makes it even more difficult to earn money in it, so you need to learn how to manage that volatility because if you do not then that volatility is going to destroy you and you will lose all the money that you invest in the market.
full member
Activity: 540
Merit: 100
December 05, 2018, 09:19:25 AM
#84
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.
For those beginner who want to learn trading, just visit the tradingview.com . There are a lot of tools that can help you to predict the price of the coin. It is hard for the first timer to understand all of the information inside their but I am sure that they will earn knowledge from it.
member
Activity: 406
Merit: 10
December 05, 2018, 09:15:59 AM
#83
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 agree that this is a good way to earn money. However, do not forget that there are many other tools that together can reduce the risk of loss of funds. Using additional tools will help you increase your income. I would add more oscillators such as RSI, Stoch and Bollinger bands.
jr. member
Activity: 350
Merit: 2
November 30, 2018, 05:27:06 AM
#82
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.
trading is so defficutl but don't let it stress you and make you depress always avoid your emotion and always think that bitcoin is good and also useful
hero member
Activity: 1050
Merit: 529
Student Coin
November 30, 2018, 04:35:39 AM
#81
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

You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading.
Trading is extremely difficult and it becomes even more difficult when trying to trade bitcoin or any other cryptocurrency because the variations in the price are incredible, in the stock market to see a change in the price of 5% it could take you a whole day and sometimes weeks, but in the market of cryptocurrencies such movements can happen in a time span of minutes.
That's how volatile crypto is, so you should be aware of the big price movement in order for you to make the right strategy.
If you like stocks where less volatile then you should not be trading in crypto, here, you can loss easily or you make money easily, depending on the market.
hero member
Activity: 1092
Merit: 501
November 27, 2018, 10:05:02 PM
#80
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

You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading.
Trading is extremely difficult and it becomes even more difficult when trying to trade bitcoin or any other cryptocurrency because the variations in the price are incredible, in the stock market to see a change in the price of 5% it could take you a whole day and sometimes weeks, but in the market of cryptocurrencies such movements can happen in a time span of minutes.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
November 21, 2018, 06:43:48 PM
#79
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.
One of the best indicator to be used in trading is MACD or Moving Average Convergence and Divergence. I just don't know how it works in cryptocurrency because I saw it is use in Stock Exchange. A lot of things that crypto and stocks have differ. In fact, there are more high volume of trades when it comes in stocks than crypto specially the new coin from exchange.
full member
Activity: 2548
Merit: 217
November 21, 2018, 06:42:07 PM
#78
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 agree instinct and experience is the best teacher in trading, they teach all mistakes analization of the trader, how to make correct decision for their trade work, luck is additional benefits of the traders to earn huge of profits.
full member
Activity: 532
Merit: 100
November 21, 2018, 05:37:51 PM
#77
Its not good  when you only rely on our instinct when we are into trading. I think it will only lead us to bankruptcy if we rely only on our instinct. We shoould know all the things we need to know when we are into trading. Knowledge plus allot of luck will give us good profit.
hero member
Activity: 798
Merit: 503
November 21, 2018, 05:33:45 PM
#76
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 and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine."
OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure.
In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ...

Thanks to the author for describing such a simple and understandable strategy!

This types of study only work for some time ,but when the market wants to dump, then this trading signals also fails and you would make loss. I agree that in trading you should follow the signals but also you should know the trend and some instincts also work in it.

Instincts must always be verified and confirmed by facts, otherwise trading runs the risk of becoming a game of luck. In my opinion, this is unacceptable if we are talking about a serious approach to trade. After all, you must agree that hoped that the price of the coin you bought will soon grow up, because the “instinct” suggested to you, somehow childishly. After all, even if the inner sense tells you that you need to buy some kind of coin, then before buying it is necessary to analyze the price of the coin. And how can it be done if the trader doesn't know basic things? I agree that technical analysis often doesn't work. In the crypto world, news and whales plans have a huge impact. But only knowledge and a keen mind will help to get a permanent profit here, and not instinct and luck.
sr. member
Activity: 798
Merit: 258
November 21, 2018, 05:08:15 PM
#75
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

You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading.
sr. member
Activity: 882
Merit: 297
November 21, 2018, 04:33:37 PM
#74
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 and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine."
OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure.
In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ...

Thanks to the author for describing such a simple and understandable strategy!

This types of study only work for some time ,but when the market wants to dump, then this trading signals also fails and you would make loss. I agree that in trading you should follow the signals but also you should know the trend and some instincts also work in it.
EDR
jr. member
Activity: 194
Merit: 1
November 21, 2018, 04:29:42 PM
#73
For newbies it can be useful. I found the Velvet.exchange exchange, it contains the basics of trading, courses, news of this direction, various options for strategies and much more. There is a demo version to try your trading skills without risking real money.
hero member
Activity: 798
Merit: 503
November 21, 2018, 02:42:04 PM
#72
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 and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine."
OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure.
In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ...

Thanks to the author for describing such a simple and understandable strategy!
member
Activity: 473
Merit: 11
November 21, 2018, 12:30:45 PM
#71
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.

Thank you for sharing trading tricks, but can this trick be used in all market situations and conditions ? for example, the market is in a downtrend or the possibility of a decline from the market is still quite large. You should state the conditions and other external conditions that support this trick so that it can be used
hero member
Activity: 854
Merit: 502
CTO & Spokesman
November 21, 2018, 11:33:01 AM
#70
Thank you for sharing information about trade, but I think crypto trading is very difficult, maybe patience is needed and keep learning to improve skills in trade, but I believe we can all succeed in trading.

Trading is not easy and very risky which requires better learning. This can be useful to anyone here but it's not easy to do that kind of strategy because we know that the market is changing everyday.
full member
Activity: 329
Merit: 100
The Exchange for EOS Community
November 21, 2018, 08:40:53 AM
#69
Thank you for sharing information about trade, but I think crypto trading is very difficult, maybe patience is needed and keep learning to improve skills in trade, but I believe we can all succeed in trading.
hero member
Activity: 1372
Merit: 503
November 21, 2018, 08:27:52 AM
#68
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.

Ofcourse there's no universal strategy or you can say applicable to all one. But there's this "system" that you should definitely try in most of your trades to test if it can give you as higher change of gaining as possible. And yes this comes really with discipline and shitloads of experience. At the end of the day the real universal strategy is yourself. Your trade, your rule.
full member
Activity: 490
Merit: 100
November 21, 2018, 04:55:58 AM
#67
Thanks for your speculative effort. What you expose high is technical analysis and almost all the veteran traders agree that combining both technical and fundamental analysis remains the best and most profit-oriented trading strategy. Where is your fundamental analysis to complete this strategy. Try and give us a review of this strategy and includes the fundamental analysis.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
November 21, 2018, 03:27:01 AM
#66
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
While it is true that to become a very successful trader you need a huge amount of experience and the right instincts, trading is a science, it is very easy to know that is the case because when you see the Nobel Prize of economy most the time you're going to see mathematicians that have created a new way to describe the economy and they use their formulas to make money in the markets.
That's is gonna be your skills that will help you to become successful.
Trading is hard if you are not really into it, because if you put your passion on trading, you will definitely be able to improve yourselves that will help you
to reach success.
hero member
Activity: 1092
Merit: 501
November 16, 2018, 05:29:25 PM
#65
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
While it is true that to become a very successful trader you need a huge amount of experience and the right instincts, trading is a science, it is very easy to know that is the case because when you see the Nobel Prize of economy most the time you're going to see mathematicians that have created a new way to describe the economy and they use their formulas to make money in the markets.
member
Activity: 805
Merit: 26
November 16, 2018, 09:18:04 AM
#64
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?)?
The trading pair is good at btc because it is more accurate and easily to know the price than dollar. When it comes in timeframe, it depends on your strategy and plan. Some people caught the best time to buy during 30 minutes interval and others see the price action at a day interval. Its up to you because you must know first when will you enter and exit in the market.
member
Activity: 280
Merit: 13
November 16, 2018, 04:12:31 AM
#63
Thanks, mate for your helpful tips, your tips really amazing I was thinking to join the trading and I must follow your valuable tips for sure. I would like to suggest your tips to new people who are interested to participate in trading. I hope your idea will work properly.
hero member
Activity: 1022
Merit: 538
November 16, 2018, 02:46:41 AM
#62
This trading tips are good, but i think it's not enough for successful trading. For successful trading u should learn more tips. I advise you to study PA (price action)
Price action is not the only thing you will need to know, as there are basically some other things that you will always need to correlate with the price action to see if the market is actually going to be having some possible reversal, but all that should be in a single strategy. Most times, I make use of momentum indicators, trend indicators and then now utilize that with price action on some support level.

One way or the other, it makes the idea of making strong case on your decision to be effective, but notwithstanding, always make sure your strategy includes a stop loss. Markets are not always predictable as conditions can easily change, which can still end up affecting a lot eventually.
full member
Activity: 225
Merit: 100
November 13, 2018, 03:46:30 AM
#61
I usually use the MA 100 and the MA 50. Look out your way also looks very useful for the short candles. Thank you for your sharing, I will refer to in your next post! Good luck!
sr. member
Activity: 896
Merit: 253
November 13, 2018, 02:33:19 AM
#60
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.

Usually even though you don't use Moving Average and if you see the candles that forms into an uptrend it will be and uptrend. So why use MA?
hero member
Activity: 840
Merit: 516
November 13, 2018, 12:57:23 AM
#59
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.

Well basically it is , you will need a strong sense of patience when you want to learn about how and what is trading, its been 2 years on the trading field still learning too, and its quite complicated so don't be baffled or confuse something like that, always ask to the pros or to even consult and have a conversation to your friend that atleast know about bitcoin trading, and in addition is that you can learn what is your strategy.
Patience is not the best word to be using for regular traders. Even when you have a plan or a strategy, what makes you a successful trader in the long run is your level of discipline, which I believe there is no way you can have that discipline in play, if you do not get to sit down on your strategy and get to execute them without putting any emotions.

Strategies are not there to tell you by all means the market will be moving up or down, they are simply just there to guide you in how you want to be approaching and trading the market, that is all!
member
Activity: 290
Merit: 10
November 10, 2018, 05:45:48 AM
#58
This trading tips are good, but i think it's not enough for successful trading. For successful trading u should learn more tips. I advise you to study PA (price action)
legendary
Activity: 3318
Merit: 1128
November 10, 2018, 05:30:18 AM
#57
Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise
Well, what is the point of technical analysis if it is not all about the trend in the first place? As long as trading is concerned, trend is always the first thing to look at most of the time, and there is absolutely no way you can do well without at least knowing how to monitor trend.

This is where the whole idea of TA and trading strategy comes in. Your strategy is dependent on your use of these indicators and market trend analysis to know how you want to be approaching the market, but there are other things that also apply to trading, such as risk management, principle and discipline and a lot of other things, which if you do not have, you may still find it hard to trade effectively.
sr. member
Activity: 630
Merit: 250
November 08, 2018, 01:34:47 AM
#56
Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise
Well, a lot of people tend to get it wrong thinking that technical analysis should always give them accurate result but what they are there for is to guide you in your strategy and approach to making decisions when trading the market. Stop loss like you mentioned is always part of the strategy as much as where to enter and where to exit, and this is where the management of risk comes into play. One thing most people forget is that loss is part of trading, and  you always have to account for that, no matter how good you think your strategy is.
sr. member
Activity: 882
Merit: 282
November 07, 2018, 06:30:55 AM
#55
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.
It will really help and I will said we really need to put this in practice before using the strategy with real money.  I have learned one thing in trading and that is another person strategies do not work for me. Candlesticks formation has been one of strategies that people used to make money from the market.
legendary
Activity: 3080
Merit: 1353
November 07, 2018, 06:19:31 AM
#54
There are too much ways to trading, and not everyone could understand the explanation easy. Only hope if they understand it will really useful. And it only works on base that stable if the market is not stable it doesn't work. Only rely on feeling of unstable market

Wait, are you suggesting that newbies should trade base on their emotions and not to used strategy? I think it doesn't make sense to trade at all with feelings. Well, it could work but its not a guarantee and its hard if you're going to rely on that only. In addition, we all know that this market is based on speculation so its really hard to 'strategize' to say the least. That's why I believed that experience is really the best teacher in this kind of trading environment, TA is good but something is not reliable. So for newbie, try to put a good plan in writing and see how it goes for you. There are a lot of trading strategies but you have to find what's fit your goal at the end of the day.
hero member
Activity: 1750
Merit: 589
November 07, 2018, 06:07:50 AM
#53
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.
Yes, i supposed, We trader do have different type of strategy that we are using and different understanding about the market. I don't really understand the candle pattern even i study about it since the market is volatile there is also the uncertainty of that strategy that is why i don't trust it. I don't stick with just one strategy, i always change plan depends on the market situation.
copper member
Activity: 294
Merit: 1
November 07, 2018, 03:57:59 AM
#52
Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise
sr. member
Activity: 1680
Merit: 259
November 07, 2018, 01:06:14 AM
#51
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.

You should included more information about your strategy. First in pair what we can you use it ( btc/ eth, xmr/ltc )?. Second, I don't see money management calculation. In this part very important because I will see my percentage risk. Last one, where is stop loss? I can't drive without break. I'll make time to try it but thank you anyway.
full member
Activity: 390
Merit: 157
November 07, 2018, 12:32:18 AM
#50
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.

Well basically it is , you will need a strong sense of patience when you want to learn about how and what is trading, its been 2 years on the trading field still learning too, and its quite complicated so don't be baffled or confuse something like that, always ask to the pros or to even consult and have a conversation to your friend that atleast know about bitcoin trading, and in addition is that you can learn what is your strategy.
jr. member
Activity: 230
Merit: 4
November 06, 2018, 08:40:47 PM
#49
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 think you didn't explain more about candle pattern. You just lightly showed how MACD works but nothing about candle patterns, like for example "candle closes below under moving average 21 and find out the sell" but the candles are showing bullish patterns like "Morning Star", I think beginners would be confused that they would follow the steps but still lose the trade. Anyways, there are still a huge chance to miss the prediction because crypto market is volatile and not yet regulated.
member
Activity: 476
Merit: 10
November 06, 2018, 08:24:47 PM
#48
In my opinion that trading strategy is simple and easy to understand and have accurate about 70% so that mean there are others 30% will be not accurate. So we should be use this strategy combine with stop loss.
jr. member
Activity: 238
Merit: 1
October 15, 2018, 01:17:28 PM
#47
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.

Very interesting scheme, I will try the other day.
Thank.
Looks promising
legendary
Activity: 1512
Merit: 1041
October 11, 2018, 07:12:39 AM
#46
Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.
For the most part of it, I must say knowledge is actually the thing that is mostly important when it comes to trying to trade. You cannot get it better in any other way than seeking that first. A lot of people who have discarded that and think they can just stick with the idea of gaining experience without learning have always ended up learning the hard way and still coming back to learning at the end, which is if, they do not get frustrated and bail out before then. The most useful thing is to learn, build on a strategy and build on your confidence in using the strategy and then you will be fine.

That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.
What works for A may not necessarily work for B, but in reality and in the crypto space, from experience, I can at least tell you that it is a whole lot better to face the technical aspect than the fundamental aspect. With price action on the charts, and the use of some indicators, you can at least make a good guess on a trend reversal. However it is, the most important thing is to just know what you are doing and always have a plan in place whenever you are trying to trade the market because without plan and strategy, you are as good as gambling, no matter what you think you know.
legendary
Activity: 1302
Merit: 1037
October 10, 2018, 04:24:30 AM
#45
There are too much ways to trading, and not everyone could understand the explanation easy. Only hope if they understand it will really useful. And it only works on base that stable if the market is not stable it doesn't work. Only rely on feeling of unstable market
The fact about trading is that there are so many strategies, and it only depends on you the strategy you really want to be taking advantage of. One thing a lot of people do most of the time is that when they are using a strategy and making a mistake, then they just come up with trying to change strategy.

Learning is a good thing, but the thing about trading is the fact that as long as you have a strategy, build on it and gain some huge confidence when it comes to using it and the best way to go about it is to either start with paper trading or demo trading before going in real so you can at least rule out emotions when losing your funds until you are certain you are ready for the real market.
full member
Activity: 518
Merit: 100
October 09, 2018, 11:24:17 PM
#44
That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.

Actually, it's difficult to apply especially for the beginners that wants to trade.
But I would say that this is useful tips to many people here in forum.
hero member
Activity: 1204
Merit: 505
October 09, 2018, 10:33:01 AM
#43
thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.
It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.
It is always going to be a big hectic for beginners from start but it is a normal thing as long as you are still in the learning phase, which is why it is always advisable to take advantage of simulated trading instead and get good at building a strategy before you even start trading properly. There are so many resources online to learn from and certainly, I am a product of online learning and I believe those who are smart enough will always know that being a digital age, there are lots of opportunities to tap from as long as you are ready to go through that learning phase without looking back.
hero member
Activity: 2730
Merit: 632
October 08, 2018, 07:28:03 AM
#42
thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.
It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.
Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.
As long it do adds up our knowledge and would be applicable on our trading then I don't see anything wrong to embrace on whats being shared by some people here on this forum or in any place.It would still depend on you if you do choose to use or do seek for another one. There are lots of ways and techniques when it comes to technical base and effectiveness will vary and you can mix out or do combine any of them.
hero member
Activity: 1050
Merit: 529
Student Coin
October 08, 2018, 06:26:08 AM
#41
That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 08, 2018, 05:19:16 AM
#40
thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.
It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.
Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.
full member
Activity: 420
Merit: 101
October 08, 2018, 04:49:15 AM
#39
There are too much ways to trading, and not everyone could understand the explanation easy. Only hope if they understand it will really useful. And it only works on base that stable if the market is not stable it doesn't work. Only rely on feeling of unstable market
legendary
Activity: 3318
Merit: 1128
October 08, 2018, 03:32:57 AM
#38
thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.
It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.
hero member
Activity: 1022
Merit: 511
October 04, 2018, 12:15:46 PM
#37
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.


Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.
Everyone will surely have their own strategy based on what they know, their knowledge of some of the indicators they have chosen to learn, and using those indicators to know how they should be reacting to a market at certain point in time, so in one word, there is no single strategy when it comes to trading. The best thing is to just find what suits you best, stick to it and use it to make your own successful trades. A lot of people tend not to be stable when it comes to using a strategy as they want to keep trying everything and that will always lead them to a lot more problem in the long run.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 03, 2018, 11:45:03 PM
#36
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.

Maybe you can add MACD too with 12,26,9 and RSI 14 and 21 so you can know more about the movement of the coin. It can also a guide to determine where the price trends although this is not always guaranteed always to work. But this is the basic trading that I use in every coin, and so far, this help me to decide to buy or to sell the coin, and it's very useful for me. Oh, don't forget to add moving average too because sometimes this line can give another guide for you.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
October 03, 2018, 09:24:25 PM
#35
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
Not only you who think it's difficult, everyone thinks it is. Since it's difficult we need many references to decide what to do. As you mentioned, instinct and experience, we surely need that. However, it's not enough, that's why fundamental and technical analysis exist. We're combining all of this to get closer for the right decision so that we can minimize our loss. Trading requires deep thoughts and analysis.
full member
Activity: 574
Merit: 102
https://adonx.one
October 03, 2018, 08:15:53 PM
#34
Yes Moving average is one of the best indicator that very easy to understanding it. I also use this indicator to know the trend will continue or will reversal in day trading, i use MA 20 & 50 and CCI, i use it for stocks and forex trading as well.
hero member
Activity: 2996
Merit: 609
October 03, 2018, 02:39:48 PM
#33
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.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.

stop loss is not that good in general although it is pretty useful in some cases. when it comes to bitcoin things become that much worse because of the high volatility and when it comes to altcoins using something like stop loss is a lot riskier because of the manipulation (pump and dump) and the high volatility that it causes.
This is the negative advantage of putting up SL where it can really be triggered or hit anytime when the price tends to swing on higher percentage way more than on the SL you have set out.This is why I don't really put up those limitations unless if I'm willing to take risk but would still like a gamble when you use it here on crypto market but in forex or stocks it would be more suggested.
On the MA settings above on OP, these or might not work anytime on crypto but still thanks on sharing up where these basic stuff will help out some newbies but not really a reliable thing anytime.
member
Activity: 182
Merit: 10
www.daxico.com
October 03, 2018, 02:26:08 PM
#32
buying bitcoin coins now is very useful for years to come, I use bitcoin coins as long-term trading, if all buying bitcoib now is very useful for our long-term investment
sr. member
Activity: 406
Merit: 251
October 03, 2018, 11:16:07 AM
#31
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 am very grateful for what you shared, but can you give it in the form of pictures or video links so I can monitor and understand it easily?
legendary
Activity: 1386
Merit: 1058
October 03, 2018, 08:09:13 AM
#30
stop loss is not that good in general although it is pretty useful in some cases. when it comes to bitcoin things become that much worse because of the high volatility and when it comes to altcoins using something like stop loss is a lot riskier because of the manipulation (pump and dump) and the high volatility that it causes.
Actually when it comes to a very volatile market, stop loss is not something anyone should joke with and it is an important part of trading to learn.

The only problem I usually have with people though is that they are always in a haste to learn and start making money and all the necessary things to know are not always touched by them. Stop loss can affect your trading most of the time when you do not even know where you should be placing them and how you should be placing them when considering the volatility of the market.

Yes, there is a huge manipulation in the crypto sphere, but at least, to always be in the safe side, considering using a stop loss or not, I would say the best way to be safe is just to use it.
sr. member
Activity: 826
Merit: 252
October 03, 2018, 12:38:15 AM
#29
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.

This strategy only work in high price action moving and use short term period, this time this strategy will make you stress. We can see from market chart, price action so slowly and goes down every day. If you keep push your asset into market please use stop loss with small range, it will help your protect asset from bigger loss. I already did this at forex market, mostly only success with major pairs.
sr. member
Activity: 1330
Merit: 291
October 02, 2018, 05:10:00 PM
#28
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 don't see anything difficult in what OP have explained so far except if you don't know the prerequisite of what trading Forex and crypto currency is all about. Although, what OP explain is only the technical analysis of a particular market which can be over turn with any positive or negative news( fundamental analysis effect on the market). So, it is always rational for one to consider both methods of market analysis before placing a trade.
full member
Activity: 471
Merit: 102
October 02, 2018, 04:58:31 PM
#27
Though I don't trade like this and even I am confused about what you wanted to say actually. If You don't mind, could you please explain this trading method? I made my own trading style and every time I trade with low price new coins. Maybe your trading method will be useful that's why I am interested to learn it! Thanks In Advance.
sr. member
Activity: 1400
Merit: 259
October 02, 2018, 02:52:26 PM
#26
Ouch.
I don't even understand those candles. I just know when the small thing is pointing up then it is a pump.
So there is deeper meaning to it.

But as you said, it is "hopefully" so does it means it just gives you more percentage to make a right prediction but not really that accurate?
hero member
Activity: 1932
Merit: 504
October 02, 2018, 02:06:11 PM
#25
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.
Not try this way yet, but i will learn it at least i can try get an experience with this, at past i always do day trading but keep loss, so i change my way to long term trading and i never stressed everyday again.
sr. member
Activity: 1610
Merit: 264
October 02, 2018, 11:48:48 AM
#24
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'll try your tip for that since I sense those candlesticks as how pressurized are the sells and buys that time and its rally. I wouldn't mind setting up some range between. I also want to ask what sort of tools can you recommend also in trading aside from what I had learned so far which are RSI and BB.
full member
Activity: 854
Merit: 115
October 02, 2018, 12:21:26 PM
#24
good that is a good trick I also often use it when trading thanks for sharing hopefully all who read here can get lessons about trading. I will wait for other interesting tricks, success for you bro
full member
Activity: 868
Merit: 104
October 02, 2018, 11:38:15 AM
#23
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.

It seems so easy but its not that easy, trading with MA will kill you in sideways market, yes it may be profitable in trending market, I have already shared many times that taking trade is not that difficult but managing it is much difficult, beginners can try it but with small amount, its better to learn the chart pattern, it may be more profitable in any tf.
full member
Activity: 588
Merit: 106
October 02, 2018, 10:58:44 AM
#22
thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.
full member
Activity: 448
Merit: 100
October 02, 2018, 10:32:23 AM
#21
Why exactly 12 and 21. Personally, I successfully use a moving average of 10 and 30. We should not forget that this is a cryptocurrency trade and what always works in financial markets does not always work here. Cryptocurrency are very dependent on the news background, and not on fundamental analysis.
sr. member
Activity: 630
Merit: 250
October 02, 2018, 09:21:58 AM
#20
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.


Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.
Have you not heard of the word restrategizing? Market is very unpredictable and things are likely to always change pretty fast which is why you should always have a very good strategy, stick with it and be ready to implement it without emotions when it comes to trading the market.

It is a highly fluctuating market and surely, the ability to make decisions based on each scenario that the market brings is totally based on each individual's knowledge as the case may be. The idea of having a strategy in the first place, is to have been able to get a strategy to identify where you want to see yourself buying into a market, where you should be selling and where you should be stopping loss. This is where planning comes in and without strategy, you cannot have a plan.
member
Activity: 336
Merit: 55
October 02, 2018, 09:11:13 AM
#19
What is this moving average and how it can be determined? Is this by minutes or hours? Which trading platform are you using? If you could somehow put an image to better explain this tips, that would be very helpful or a youtube video link will also be great! I am not that familiar how to read and follow the chart but still doing my research most of the time.
sr. member
Activity: 714
Merit: 261
October 02, 2018, 05:07:08 AM
#18
I am not sure if I understand any bit of it because I never looked at the crypto currency trading in such deep ways. I mean over the time I have always used simple tricks to follow the order and make my trade go in the right direction. For example, at a times I would just look at the market, see its position as compared to the yesterday and make my decision based on it. I will just predict myself for next two to three days whether the market will drop or will have some spikes coming along its way. Depending upon that I will make my trade and win the situation. Many times I do fail but I continue it that way only as I have also won it many times. Frankly never tried to understand what those candlesticks means and what they represent closely.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
October 02, 2018, 03:40:26 AM
#17
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.
We use the trending trading for the past 5 years probably, that has been the most known trading method in bitcoin so far.
Even today people do that whenever bitcoin goes 100 dollars in one direction they bet it will go another 300-400 dollars on that direction.

Now with your trading method you are using the trending as well, your candlestick averages decides what the trend seems like and whenever it makes a move one direction it bets it will keep going that direction which is basically the same as the trend trading method which has been known for years. Only difference is yours uses more indicators to make sure and other one doesn't.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
October 01, 2018, 12:08:39 PM
#16
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.


Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
October 01, 2018, 11:36:08 AM
#15
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.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.

stop loss is not that good in general although it is pretty useful in some cases. when it comes to bitcoin things become that much worse because of the high volatility and when it comes to altcoins using something like stop loss is a lot riskier because of the manipulation (pump and dump) and the high volatility that it causes.
hero member
Activity: 2660
Merit: 551
October 01, 2018, 11:06:13 AM
#14
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.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.
sr. member
Activity: 896
Merit: 253
September 30, 2018, 05:59:50 AM
#13
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.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.
legendary
Activity: 2296
Merit: 2721
Enjoy 500% bonus + 70 FS
September 30, 2018, 05:06:45 AM
#12
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.
legendary
Activity: 2156
Merit: 1622
September 30, 2018, 04:58:00 AM
#11
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.
member
Activity: 464
Merit: 10
September 30, 2018, 12:16:45 AM
#10
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.
legendary
Activity: 2576
Merit: 1655
September 30, 2018, 12:11:46 AM
#9
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.
hero member
Activity: 1834
Merit: 523
September 29, 2018, 11:44:31 PM
#8
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.
full member
Activity: 567
Merit: 100
September 29, 2018, 10:44:33 PM
#7
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 ... Roll Eyes
full member
Activity: 262
Merit: 100
September 29, 2018, 10:32:01 PM
#6
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.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 29, 2018, 09:37:55 PM
#5
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.
full member
Activity: 504
Merit: 100
September 29, 2018, 07:02:22 PM
#4
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.
full member
Activity: 1489
Merit: 150
September 29, 2018, 06:49:24 PM
#3
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
newbie
Activity: 19
Merit: 0
September 29, 2018, 06:24:16 PM
#2
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?)?
sr. member
Activity: 560
Merit: 251
September 29, 2018, 12:28:11 PM
#1
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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