Ideally there is a complete theory on this you have to enter on primarily when there is either a breakout, reversal or continuation of any major pattern, in this you take confluence with some indicator that you have in your arsenal and then prepare some pivot points for take profit and stop losses. This way you trade appropriately finding the correct points of trading.
But this does not still mean trading is easy, the theoretical part can be easy but to make profit often may not be easy. You are right that using trading indicators is very important, I started to use Bollinger Band and Relative Strength Index and I make some profit, but my take profit is not that of a long range and I am cool with just the little profit I make. Some traders do not make use of trading indicators but just trade like they are gambling which makes them more vulnerable to losses. 
Topic: The Signal to Start Trading and the Signal to Close Trading - page 2. (Read 715 times)
Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.
Skills and indicators are qiite important in the business of trading because you have done it overtime and when the challenge comes you can handle it. There is another side to the skill and indicators that is experience and emotion. If you you can't put emotion to check then no matter the best indicators, you still keeping coming back to emotional mistake.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
You are contradicting yourself here.One end you are saying that trading ain't that hard but then you are asking what's the best time to buy and what's the best time to sell which is all trading is about. If one knows when to sell and when to buy, they are already masters of trading.
If by easy you mean you have learned by how to place orders then well, it's the very basic thing and everyone knows it.
Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.
snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.
But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.
Yes it is proven that buy low and sell high tricks for beginners is still applicable in any coin, but as time goes by we need to widen our knowledge for greater opportunity and for better understanding the chart for our daily trades. As time passes by, we will be get used to it that not all the time that can be useful but yes it is but we need to grow and teach ourselves more.
In speaking about signals on when to buy and when to sell is actually depending on someones preference and own decision which would really vary into each person because we do have different scale in terms of
skills and perception towards our trading positions.Some might be going for long term and some would be going for short term.So it does really vary.
snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.
But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.
Yes it is proven that buy low and sell high tricks for beginners is still applicable in any coin, but as time goes by we need to widen our knowledge for greater opportunity and for better understanding the chart for our daily trades. As time passes by, we will be get used to it that not all the time that can be useful but yes it is but we need to grow and teach ourselves more.
snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.
But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.
If you are new into trading, it’s going to be difficult for you to know the signals of opening and closing your trades. Of course, you need to take time learning more about the trading indicators. Even experienced traders are finding it difficult as well despite that they are using trading indicators, as we can’t simply control the movement of Bitcoin and other cryptocurrencies.
Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.
If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
If you are new into trading, it’s going to be difficult for you to know the signals of opening and closing your trades. Of course, you need to take time learning more about the trading indicators. Even experienced traders are finding it difficult as well despite that they are using trading indicators, as we can’t simply control the movement of Bitcoin and other cryptocurrencies.
Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.
Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
Trading is definitely difficult. Finding market trends is not an easy task, it requires a lot of experience and the ability to understand the market. Depending on the candlestick, one trader cannot always predict the future trends of the market, as the impact of different news on the market is also greatly affected. As a result, it is important to do a fundamental analysis. So, trading is not an easy thing, to be a successful trader you have to work hard.
for every profiting trader on the other side which its really impossible and not really that right nor does fit in talks about on being easy.You would be finding it for yourself that it would be hard once you do
step your foot into the market on where you do realize that dealing with this isnt something easy that could able to handle out but it doesnt mean that its impossible but it would surely
takes time and lots of efforts would be made before you could make a good grasp to it.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
Trading is definitely difficult. Finding market trends is not an easy task, it requires a lot of experience and the ability to understand the market. Depending on the candlestick, one trader cannot always predict the future trends of the market, as the impact of different news on the market is also greatly affected. As a result, it is important to do a fundamental analysis. So, trading is not an easy thing, to be a successful trader you have to work hard.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
Ideally there is a complete theory on this you have to enter on primarily when there is either a breakout, reversal or continuation of any major pattern, in this you take confluence with some indicator that you have in your arsenal and then prepare some pivot points for take profit and stop losses. This way you trade appropriately finding the correct points of trading. 
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market.
If a player knows or has an idea of when to do it and has a little idea of when it should start or stop, I think it would be an easy task to make money from here, but somewhere here It is very difficult to find a place to start, but if you are a good apprentice, it will be easier to find your pocket running and everything will be easier for you here.Dealing with this market isn't something easy for you to handle on and to those who says that it was easy then it's just pure bullshit kind of claims.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
Those who say trading was difficult are right and they are just telling truth and the risk that might put you in regret later. So, forget whoever told you that trading is easy, we don't make people underestimate the market and trading as well coz whether we like it or not, that seems difficult in real life.
Yes, it was too easy to see how the market flowed, it was too easy to read the market chart but, it was hard to analyze due to the market volatiltiy. You can't make it simple and easy.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market.
If a player knows or has an idea of when to do it and has a little idea of when it should start or stop, I think it would be an easy task to make money from here, but somewhere here It is very difficult to find a place to start, but if you are a good apprentice, it will be easier to find your pocket running and everything will be easier for you here. Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
That's why it makes it difficult. If you can't take trades, then you are not trading at all. I also noticed that when I was just learning it and reading the sample chart, it was really easy to spot things where to trade or where to stop, but when in the actual market, it is difficult. Indicators are really one of the best things you should rely on (to know when to trade or exit) and also do it in demo because, as you can see, most experienced traders can spot what kind of movement they are looking for, so doing your strategy in demo could gain you experience and make you more confident in taking trades in the real market with real money.
legendary
Activity: 2828
Merit: 1213
Dont be a ShitcoInfluencer for quick bux, it sucks
I would advise some traders to start being more independent. Don't rely on other people's advice.
A good advice, but few users follow it during their first days of trading when they lack prior experience. When the initial trading enthusiasm makes a newbie trader lose money, they tend to think of cheating the system and trying to make money outside of the normal. Then they find signal groups and self-proclaimed traders who show off as rich dudes riding cars.Eventually they learn their lesson that such signals are useless but most have lost money by then. Having an prior experience in other markets before getting in crypto stop this from happening.
If losing money in trading becomes a problem then they need to stop trading, because losing money is a part of the learning curve.
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
Perhaps, we don't need to tell people and put in their minds that trading is easy because the truth is that it was not, especially for beginners.Traders must accept the fact that being a trader we can't assure that everything will be fine. Even though we use all the trading tools available and yet, this will not give us assurance to make a profit.
It is very important for us to have a huge understanding of the market trend. Not just we are good in TA and FA, therefore, we can say it was enough. It might, but if we can do more then that was an advantage.
I would advise some traders to start being more independent. Don't rely on other people's advice.
legendary
Activity: 2828
Merit: 1213
Dont be a ShitcoInfluencer for quick bux, it sucks
Unfortunately, lots of traders with low knowledges how cryptocurrency trading works doesn't know that they need to do their own research be it technicals or fundamentals. They just simply want to make it rich in a little amount of time and with low effort to boot. Knowing where the market trends goes is also very important.
True, many people got into crypto and still get into crypto because they think it is a legitimate get-rich-quick scheme, when all previous such schemes failed. This is because of the human mindset of less work more pay attitude. It becomes the root cause behind the arrival of scam pump and dump or signal groups and also the MLM/HYIP schemes.Just like stock market trading needs some sort of chart analysis and then technicals, similarly crypto needs a lot of ground work to choose S/R levels and place trades based on those levels.
Nobody is going to babysit a trader in learning phase to buy or sell, they have to learn it on their own or pay for the lesson to the market by losing money.
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