Topic: Timing and Trading - page 2. (Read 424 times)

In different market entries, you may have different time frames. It depends on the state of the market and on your goals.
Timing is definitely an important thing, but I think that strategy, knowledge and experience are equally important. It is also important to understand that if, for example, a scalper, then one minute and five minutes are important for you. If you trade for a long distance, then for the timing it increases to several hours, days, sometimes it can be weeks
And the most important thing about this is that even if you are very good at timing, this does not guarantee you a constant profit.

Timing isn't impossible but never think that you can do it always.
I've tried scalping and also swing trading, and the result is mixed. What I mean is that sometimes I was too lucky and got perfect timing but sometimes I lose due to unpredictable changes. In scalping, every second is a big deal and as in every second, the price of crypto will move as well. It was too hard to think that we always make a profit from trading and doing whatever we did, losses are still possible.

I feel like it is going to take some time before people could realize what they have to do, it is not as good or as easy as they think it could be. Timing is not something you can learn in a single day, it is going to take a while to master it. If you could take that time and learn it though ,the rest will be easier to handle.

I get that there are some ways to learn it, but the biggest way to learn it would be doing it, because when you gain experience how to do it, each time you do it,  you are going to become better at it. There are a lot of resources to read and learn it from but at the end of the day you are not going to be really all that happy about it when the time comes. This is why you should be wondering how to do it quickly.

I can not agree with this, sorry for that. As said before, no matter how good of a plan or strategy you have, you can't follow that if your emotions are getting between them. You are trying to plan everything through, but when it comes to not take any decision and following the end result but then your emotion overpower your judgment, you will make a wrong decision. Where there is no need to do anything, you do something that is not right. That's how powerful human emotions are. So even having the best strategy won't work when you are unable to control your emotion.

This is like yin and yang. If you lack in either of them, you can't keep the balance. Thus you can't become successful. For this reason, you need to learn emotion control first and then move on to trading. If you try to do both at the same time, you won't be able to get anything right.

At most times when emotions have been involved, foolish decisions are being made.

Good traders can't also skip that but that's true that they've got more control to their emotions and they don't let it slip by their hands. And that is because they've experienced it before on how it goes when they make wrong decisions with their trades.

The faster the time required, the faster the profit or loss will be obtained, and vice versa.
Using high time frames is suitable for long-term investors, such as 1H time frames and above.

Long-term investors determine profits at the price to be achieved and see how high time frame charts such as 4H and 1 D time frames.

Fast trading such as scalping uses a time frame of about 5 M for fast trading, because it utilizes every momentum of the rise and fall of crypto prices.
provides fast profits but requires good technical analysis knowledge.

Everyone can determine the timing or time frame that is suitable for their trading method.

When we are talking trading I think that the strategies deals with timing, that is why people do tell others to learn and understand the bases of trading before putting their money in trading, its very important you understand the normal protocol of timing the time of achieving the profits, who ever that is trading will consider timing as the most important thing and I believe that will be the first target of trading

some trading experts say that swing, position in trading is very important because it relates to timeliness, just imagine if you take a position too late or too late or too fast when swinging then everything you design in your trading will be broken in an instant. time is very important, length does not matter as long as the decisions taken do not result in losses, often some traders take positions on weekends or when market openings, just study market habits so that losses can be minimized.

Along the way, you would be able to realize on what are the things that you must enhance and what are the things that you should avoid and this is where real experience would matter since facing up

tons of errors and mistakes would really be giving out that kind of learning that you havent been able to encounter or learn before. Make yourself that progressive because if you are a type of person
who wont really be adapting on whats around then you wont really be making yourself that a better trader. Timing is indeed everything because time would be crucial on the time that you should sell and on the time that you do need to buy.These common steps would be always be that significant because if you do miss out even on a minute or seconds then you would definitely be skipping or missing out that kind of profitability on such position..

Its true that emotion would be the most common opponent or culprit on which you could really be making yourself that able to alter out those initial plans and decisions
on which you should really be needing to adjust if needed.

You can set-aside your emotion by having a good trading plan and strategy since you'll focus on that no matter what the result is.
Timing is very crucial in trading, you have to consider everything especially if your goal is to make profit consistently. There are times that your emotion will challenge you, just look back at your trading plan and keep going. Controlling your emotion is a must, this is not easy at first but you have to do your best.

You have given us a nice introduction about timing and trading. You really don't need to properly define the time because almost every trader knows that how timeframe works in trading, and they are well aware about reading of the candle stick charts of various timeframes. You're right in your approach that trading is a way to buy or sell an asset or a commodity and in case of cryptocurrencies we will be trading them as a class of asset.

The spot market is the real way of trading because in that market you're purchasing the coins that you can transfer from the exchange's wallet to your own personal wallets. The traders who are doing futures trading won't have the option to transfer their coins from exchange's wallet to their own wallet. I would consider futures trading as a virtual asset trading because as long as you have that asset virtually opened as short or long position you can sell it otherwise if it gets liquidated then you have nothing in your hands.

I agree with you that there are different timeframes to check the conditions of the market. The time frame most probably starts from 1 second to months, and it's a traders approach or strategy which defines that which of the time frame is going to be suitable for the trader. Some traders prefer longer time frames as they are mostly likely to be profitable for them in long run while others do trading using very short time frames. I personally trade with both short time frames as well as long times frames. Of course the strategy and trading plans are different with those approaches.

I personally would not recommend demo trading because that kind of trading won't make you emotionally strong as a trader. There won't be any fear of loss in such kind of trading and anyone who can be profitable at a demo account may face losses when he/she is trading with real money.

I must say that you gave a really proper introduction about all those concepts of trading and I truly appreciate your efforts. I would also recommend you to explain those concepts in detail so other may get more information that would help them to learn those concepts more clearly.

We cannot really skip emotion to be considered in trading. Emotion can make someone make a rational decision or a foolish decision. I agree with you every trader or good traders needs to develop a stable emotion.

I think a swing trader mostly use the weekly timeframe to analyze the market since they can be in the Market for weeks before they end there trade compare to a position trader that can be in the market for several months observing the market and looking for a fixed position where to end there trades after a long months being in the market. There are similar characteristics between the swing and position traders but when we look at timing, a position traders stay more in the market than the swing traders.

Well I always say this. The first thing that is needed in order to become a good trader, is to have control over your emotion. Timing is good and all but even with the best knowledge and experience, you can not become successful if you don't have any control over your emotion. Your emotion will disrupt your decision. No matter how much you analyze the market and build up strategy, if your emotions influence your decisions then you will likely make mistakes by taking the wrong decision.
If you master the timing based on your trading type, what good it is if you can't continue to act on your strategy? Learning is a continuous process. Everyday you learn a new thing. So never stop on learning. Try to learn everything that's in your capability. But follow the process of learning. Make sure you know which one to learn first. In trading, before learning anything, it is important to learn emotion control. Then comes the other stuff. I agree on your topic, this is just something that I thought I should include here.

I think these timing are more effective on Binary trading where you chooses your time and place your sell or buy order and once it gets to the position in contrary to the market movement you make your profile but if reverse way then your balance got drained all less you have much equity to cover the reverse way, but the volatility is much.  Lastly as trading may implies, sometimes may not focused on a particular side we can time ourselves by developing that mindset to source for information and gaining more knowledge, knowledge is the overall timing and if you gain the required knowledge you might not waste much time in choose your best time frame to trade because as a good trader you might have understood the timing or you have be conversant with almost trading time. So knowledge is mostly needed otherwise you could get your account emptied if you don't properly gain the knowledge.

Personally I don't consider a swig trader and a position trader to be the same. Simple because a position trader stays more and can be in a trade for more than 6 months. Position traders are usually considered as investors. On the contrary one may decide to put the both as one.

Whichever way you look at it, time and timing, though slightly two different concepts, are extremely important in trading. To time (timing) the market and to know what timeframe (time). Whether in FX trading, Cryptos, Stocks, Indices and all that, any trader who doesn't respect those two concepts in addition to the control of their emotions won't succeed at trading.

I like to swing trade and that makes me consider higher time-frames to check for trend, either for the day or on the long run before making any trades. Then I pick my trades from lower TFs. Waiting for candle close of whatever TF one picks for entry is very important. It's bad practice to trigger a trade in a haste without waiting for the candle close, no matter how enticing you think the entry has presented itself.

I did not say time, I said “timing”, however, you are only looking at the cryptocurrency market alone, while I'm looking at the general market which the forex and stock market are included, to precise forex is the largest money market in the world which is traded Monday to Friday when you talk of time and have different sections, and you won't compare the amount of liquidity that will be present during when those two market sections are open, Lastly note that cryptocurrencies are also traded in forex which Bitcoin is most traded crypto there in the market, therefore timing to trade in those sections helps in the market movement.

Yep, because not most of the time is good to trade, or for example, if you entered a long trade, and after you close your trade and already took profit, it doesn't mean you are bearish already or you can open short trade immediately. That's how timing also work for me, you need to wait for another opportunity again.

very risky for anyone and it requires the right strategy and qualified basic knowledge. Those who trade must be prepared with the risk of price fluctuations. Conducting risk management is indeed important and should not be ignored. This also relates to the mentality of every trader, if their mentality is strong and follows the initial strategy then he can achieve their goals, but if they lose and their mentality is weak it will cost them money. Using leverage wisely is also something that needs attention. sometimes newbie traders do futures trading and use high leverage, it will waste all their money if liquidated.