Topic: Millennial trading formula - page 2. (Read 350 times)
I don't think that things have really changed that much. I'm not a super technical guy, but I used many of the same indicators in crypto as I used to in forex.. things like Fibinacci levels, bollinger bands, moving averages..etc. I find that most of these indicators are still pretty darn good it's just the market is much more volatile..
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person.But nothing much has changed in trading it still has the old traditional way of doing it.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
Uuhm, I don’t think there are nay much changes. It’s still the same thing – technical analysis and fundamental still remains the same, nothing changes. All those trading strategies that you have known for long has also been the same strategies that are being used this day. The thing is that sometimes you have got to shuffle up a little bit or have patience when one strategy is not working out for you.So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
Trading is not something that you do with rush, you’ve got to be ready to have patience and also be ready to try different ways to see what would work in a particular state that you find the market. It’s still the same strategies, but we know that the strategy is neither one nor two, there are many of them. So you just got to figure out what is right at the moment and go for it.
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person.But nothing much has changed in trading it still has the old traditional way of doing it.
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person. But nothing much has changed in trading it still has the old traditional way of doing it.
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times.
Yes, crypto trading does not require anything all new from you but you need to be doing what experienced traders are suggesting always. It is is all about performing in depth technical analysis which is more than enough for making profits regardless of whatever knowledge we are having about crypto trading and how long you are not into crypto trading.Usually when we are getting back to crypto trading after some gap, it must be better if we start watching the market fluctuations for some days and then doing paper trading before getting into live action.
besides when you are talking about these various alts, definitely, they have their own market performance. so you only need to focus on your portfolio or to projects that you are interested with. because if you will check all the others, it will be a headache.
so each one of them have different strategies in the market, because they have their own pace in terms of development. also, you need to keep up with their social media updates, because that's where you will get a hint on what may happen to their market. don't trade blind. you need to know what's happening around the project. because you can easily lose your funds if you have no idea what's going on with the coin.
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times.
Yes, crypto trading does not require anything all new from you but you need to be doing what experienced traders are suggesting always. It is is all about performing in depth technical analysis which is more than enough for making profits regardless of whatever knowledge we are having about crypto trading and how long you are not into crypto trading.Usually when we are getting back to crypto trading after some gap, it must be better if we start watching the market fluctuations for some days and then doing paper trading before getting into live action.
what are the most updated guide for newbies that have been out of trading for some time now.
Seems like that you are overreacting; regardless of how long you have been staying away from crypto trading I believe nothing has changed significantly since you are not trading and you can start trading like before with your usual technical analysis which might be still profitable if you are doing them in right way.better start developing your trading skills because that's the only way to have a workable trading formula for your trading portfolio
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times. Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
The volatility has gone down a little bit but if you had a good strategy before then there is no reason to think such a strategy is not going to keep working, now if your strategy was just to invest in an altcoin and hope that it did a 100x movement out of nowhere as many people did during the 2017 bull run then you may have a point, as this is way more difficult to achieve in this day and age, but even then such a thing was not something that you could do on command so I do not think anyone could have used that strategy to get sustained success. So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Same rules are with trading even on Forex and stock market, we all have a general indicators to be use in trading so I believe there’s no such Millennial guide since the old indicators are still the basis for trading analysis. When it comes to strategy, I believe it will depend on you and you should develop your own strategy. First learn the basic of trading, and know the importance of each indicators, you can have a good strategy because of this.But nothing much has changed in trading it still has the old traditional way of doing it.
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Same rules are with trading even on Forex and stock market, we all have a general indicators to be use in trading so I believe there’s no such Millennial guide since the old indicators are still the basis for trading analysis. When it comes to strategy, I believe it will depend on you and you should develop your own strategy. First learn the basic of trading, and know the importance of each indicators, you can have good strategy because of this. But nothing much has changed in trading it still has the old traditional way of doing it.
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
But nothing much has changed in trading it still has the old traditional way of doing it.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
Trend changes so the strategy does too. In 2018, it's much different from today but based on the perspective of the other after comparing that year's trend to this year.So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
The similarity is almost the same and that's with the ICOs = NFTs. The hype is the same for it and those that have said the same thing about ICOs, they're also seeing the drop of much with the NFTs. In ends with how you will adopt to the changes and trends but the most sure thing is about holding bitcoin.
Change is adaptive. You have to change the way you look at the things as the time is passing on. In case of crypto, everything is impossible to predict all the time with at most perfection. Moreover, we are not having normal times too. Not just you and me individually but the whole world is impacted with pandemic and it’s not just crypto trading but the share market is also hampered.
If you studied or were trading during pandemic then you must have realised that share market was crashing and suddenly going up like crazy and some stocks were off the roof.
So yeah, that time everything failed. Whether it was technical analysis or whether it was fundamental analysis. Everything is just messed up and will take hell lot of undefined time to go on track.
If you studied or were trading during pandemic then you must have realised that share market was crashing and suddenly going up like crazy and some stocks were off the roof.
So yeah, that time everything failed. Whether it was technical analysis or whether it was fundamental analysis. Everything is just messed up and will take hell lot of undefined time to go on track.
A guide for beginners at this time is don't be in a hurry to immediately make money from trading cryptocurrencies, of course learning is a mandatory menu for success. but don't worry for beginners, I think long-term investment can be a solution to make money later
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
it still as is mate, i mean those old stuffs and techniques still working, in fact it becomes more easier nowadays than before because some exchanges platform provides some important information that can help you to make fundamental and to determined if the project if it's good to trade or not. There are some set ups as well that upgraded but there's no big difference from the old ones wherein they just put a twist in it so that everyone can easily understand how it really works. So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
okay, I understand what it means if the formula in 2018 can't be applied in 2021? Is that true ? if you really mean like that I will give a little comment. namely where the 2018 formula is indeed different because in 2021 there are many changes to the trading formula and we must follow the latest formula because the system also enters the latest system. so it is not suitable if you have to use the 2018 formula in 2021. I hope this helps So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.
That must be true. Professional traders are learning and testing new strategies more often but rarely do abandon their longer used strategies. It means they are slow on adopting new strategies because they will take more time to test and evaluate the effectiveness of one new strategy and once find a strategy is useful then they will definitely stop using it as they keep on improving it by adding extra parameters and conditions to make it more effective for profitable decision making. Professional traders are having different kind of habits while dealing about strategies and making use of it for decision making. We must need time and experience to slowly learn about those kind of habits.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
I have just one input for beginners, hold and focus, no matter how bad the condition of the market, it will always be good for everyone.
2018 was a year of bloody Market for everyone who have all hold their portfolio but later early 2020, Q1 particularly was a an Era of redemption for everyone who successfully hold even despite the critics around cryptocurrency lately.
The next halving is going to be a blast fot all, trust me.
I am sure only minor part of strategies need enhancement over the time and the basics are always same and you could definitely stick with them even after 100 years from here.
Probably if we need a new trading strategy for year then definitely we will go run out of them because there are only very few effective trading strategies are available and most others are just supportive things hence you cannot use them for decision making.Still, I am aware of the fact that trading strategies are getting old which means inefficient for profit making. But, when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.
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