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Topic: The Signal to Start Trading and the Signal to Close Trading - page 6. (Read 880 times)

sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
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 need to learn technical analysis to find out when its your enter and exit time, it depends on your time frame and other indicators you're using. No one can predict the movement of market perfectly,you can just speculate and dare to face the consequences that is why trading is easier but making profits consistently becomes a nightmare.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
There is a free PDF file for basic reading about candlesticks and it will tell you all about candlestick patterns.

Here's the link "Basic learning about Candlesticks"

And if you want to expand your knowledge about trading there is a big source with free courses, guides, and tools check them from here "Awesome Crypto trading sources"
hero member
Activity: 2968
Merit: 687
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.
We all have that question because no one can predict on what would be the future prices would look like or what would be the possible bottom or peak price which ending up on having that
continuous or lots of speculations to be generated from time to time on every person who had involved themselves on the market.
If someone does have the capability on knowing on when to get in and when to get out then he would be probably the most wealthiest or richest trader or investor on this market.  Grin
legendary
Activity: 2492
Merit: 1232
Trading is not so very difficult as it was told. But the most crucial 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.
There, fixed for you.

Do you think trading isn't difficult?  If that is so, there are too many of them have rich because of trading and could maybe everyone do trading.
Trading is very crucial, it will wipe out your entire balance if you don't know to perform it carefully and you don't know how to deal with the market especially as you've told when to enter the market, everything there is unpredictable, there's no clear direction of the market price and that's why we have a different tool to predict the market price.  Technical and Fundamental analysis.
legendary
Activity: 3122
Merit: 1140
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.
This is where trading analysis would work out whether you do make use of;

1. Technical analysis
2. Fundamental analysis
3. Intuition/Gut feeling(Other option  Cheesy)

All of us do share up on the same questions on mind on when to get out on particular trade
because of this unpredictable market then we do really have this main problem.
member
Activity: 1092
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Aren't you becoming redundant because of saying that "Trading is not so difficult..." then following it up with "The difficult part in trading...".

Anyway, just using candlesticks won't be enough to accurately predict where the price of a particular asset would go—definitely going to be hard to determine whether or not to go in with the trade or stay away. Or maybe put a Long position or Short position within the market.

Different types of indicators would be helpful for a trader in determining where it should be traded or not or if it would go long or short. Sometimes it's just going to be luck in terms of trading.

It's always going to be like a "Let's see what would happen..." type of thing, you know?

Indicators can greatly help but also look for hints from social media channels of the coin you are trading with. Because those indicators can easily go south if the team of the project is already planning to exit the market. So don't put too much trust from the indicators themselves. Look for other factors that may affect the market performance of the coin. Decisions coming from the team is a vital factor to know where the coin is heading to.
copper member
Activity: 2114
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฿itcoin for all, All for ฿itcoin.
Trading is not so difficult as it was told.
If it wasn't so hard. Don't you think there would be lots of millionaires who have made money through trading as of today?

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.
It's the whole backbone of trading. Identify good entry and exit points, and then execute your trades. Candlesticks alone cannot predict the entry and exit positions 100%
Sometimes you have to know that you are going to lose some trades. You should know how to manage risk
member
Activity: 362
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Ofcourse trading isn't difficult as it was told but for a new trader it's much difficult to make a right decision when trading. Because to trade you have to know about chart, market direction, risk management and more.
copper member
Activity: 2940
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https://linktr.ee/crwthopia
Aren't you becoming redundant because of saying that "Trading is not so difficult..." then following it up with "The difficult part in trading...".

Anyway, just using candlesticks won't be enough to accurately predict where the price of a particular asset would go—definitely going to be hard to determine whether or not to go in with the trade or stay away. Or maybe put a Long position or Short position within the market.

Different types of indicators would be helpful for a trader in determining where it should be traded or not or if it would go long or short. Sometimes it's just going to be luck in terms of trading.

It's always going to be like a "Let's see what would happen..." type of thing, you know?
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
Learn how to use trading indicators, it will help you. Start with relative strength index and bollinga band to know when market is overbought or oversold. Trade with small amount of money and see if you are better. Then you can further with simple moving avarage and exponential moving average. You can learn about fibonacci retracement and what they are meant for. You can learn all these indicators very well, this will help you in trading. Indicators can increase the chance of making profit, but you need to also have risk management and use the money you can afford to lose to trade.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
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.
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