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Topic: TRADE AGAINST THE TREND - page 2. (Read 584 times)

jr. member
Activity: 420
Merit: 1
July 24, 2018, 03:46:19 AM
#61
1.How to define and what does good altcoyne mean? For someone good and for someone bad. 2. Each trader should have his own strategy of investing and trading, and therefore his own rules that he has invented himself. 3.Why did you take from 2019-2021 there could be a great crisis? You can say the crisis is already in the process. The crisis should always be ready, namely, to keep free money for investment.
hero member
Activity: 1274
Merit: 516
July 24, 2018, 02:47:06 AM
#60
I somehow don't agree with only trade in one pair, there are tons of alt coin that can be used for trade and each of them got the potential to make profit, you should learn more about it and then you will be able to make profit with various choice, and the strategy of buying on red and selling on green is a correct startegy, but not all of the times its working, some of the coin got a lot of down and unable to reach the peak price again, so its not as simple as it sound
newbie
Activity: 12
Merit: 0
July 24, 2018, 12:54:06 AM
#59
My greatest error with which despite everything I have issue is being more afraid not to procure than to free. I mean than im more terrified of miss great opportunity than complete a waste exchange. That is the reason again and again I go for broke. That is my debilitated nature with which i'm battling every day saying to myself "Wrong contributed cash gains not exactly not contributed." It is imperative to be quiet. There will be many openings. Regardless of whether we miss half pump or offer with 5% rather than 30% benefit its still benefit.
full member
Activity: 448
Merit: 100
July 23, 2018, 11:07:26 PM
#58
Maybe it is really easy said than done. It's hard to guess on what is the real bottom price on the altcoin that you want to buy. Imagine that you bought on the reds and the altcoin was on its really low value based on its chart history but you get shocked after a few days because it dwindled much more.
jr. member
Activity: 168
Merit: 2
July 23, 2018, 10:56:44 PM
#57
Essentially, when taking trades in the direction of the trend, the trader has the momentum, the “push” of the market behind them. When trading countertrend there is less momentum favoring that direction and trend can kick back in at any time negating the profits which may have been gained trading against the trend
sr. member
Activity: 686
Merit: 260
July 23, 2018, 10:43:14 PM
#56
I disagree about the number of coins. A lot of very successful traders in the field are highly diversified (like 20+ coins)
You have to know that everyone has a different story and success that is resulted from their stratedgy. I already saw and talk with some successful traders and most of them have no 20+ coins neither. Therefore its in anyone's style of trading as long as he can make profits on it.
legendary
Activity: 2338
Merit: 1354
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July 23, 2018, 10:26:43 PM
#55
But is that strategy dangerous?
I don't think that strategy is dangerous, because that strategy will help you to be more knowledgeable on crypto, specially on identifying good cryptos, by that, you can identify where to invest or where to put your money. It is really helpful at all.
full member
Activity: 280
Merit: 100
July 23, 2018, 07:07:52 PM
#54
I disagree about the number of coins. A lot of very successful traders in the field are highly diversified (like 20+ coins)
legendary
Activity: 3094
Merit: 1127
July 19, 2018, 11:04:09 AM
#53
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

Really? What will happen on 2019-2021? I do not have any idea about it. Well, I better to save my money right now because I do not know what happens next year but I am hoping that you are not spreading a FUD news.

Back to the trading, is it harmful to reverse the trend line? However, I agree to your opinion about buy on red and sell on green. Later on, I will try to make profits in exchange. As of now, I do not have enough capital to start.
Maybe he do have the crystal ball which he can able to predict or know on what would happen into those years. Those points being mentioned are just basic ones and must really be done by a certain investor or trader.
Buy on red and Sell on green wont really be that simple because there would really be lots of factors before you do such decisions. For a newbie trader which trading against the trend would really be dangerous but for short traders no matter which trend they can suit out and adjust.
newbie
Activity: 51
Merit: 0
July 19, 2018, 10:47:01 AM
#52
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

In general, you say the right things
But your explanation is not completely true
1.Everyone who wants to trade must understand that this is a great job
2.It is not enough to observe trends, you must learn to find the patterns of price movement
3.Crypto-currency markets are very changeable, if you start, trade only very liquid instruments (with the largest capitalization)
4.Always use a stop loss, as these markets are not controlled, the coin can fly very quickly to the bottom. And you will lose all your money
5.After you have found patterns, create a clear algorithm of actions. Before you risk real money, make a backtest for yourself, look at the available history of the trading instrument as all the entries that were in accordance with your patern
6.Learn to use mani management and risk management, it's a long time to explain, google it
7.Begin with small trading positions, you must psychologically get used to the fact that you can lose money
8.And ONLY after that start trading
Concerning the search for materials for creating strategies, look for material in the communities of traders, for example: http://www.insiderport.com/ Or find something that suits you
member
Activity: 546
Merit: 10
July 19, 2018, 10:14:28 AM
#51
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

Really? What will happen on 2019-2021? I do not have any idea about it. Well, I better to save my money right now because I do not know what happens next year but I am hoping that you are not spreading a FUD news.

Back to the trading, is it harmful to reverse the trend line? However, I agree to your opinion about buy on red and sell on green. Later on, I will try to make profits in exchange. As of now, I do not have enough capital to start.
newbie
Activity: 131
Merit: 0
July 19, 2018, 10:01:53 AM
#50
thaks for share,but you buy on red and sell on green but when you buy on red but the market continues fall down,you chosen wrong the time to buy,how will you do? i don't see method cutloss,when you trading days imprtance you have to know when you cutloss,with me i will invest long time
newbie
Activity: 56
Merit: 0
July 19, 2018, 09:50:08 AM
#49
Most of the people in the market are only there because the cryptocurrency is one of those platforms where you do not need much analytical power and the short-term profit is much greater so  just focus  on getting rich fast, in that case, it's possible to make money this way
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 29, 2018, 07:45:02 AM
#48
There are two things in your post. I doubt your talking. Actually, are you positive or negative in crypto? 1 to 3 is okay, but double 3 number is not okay with me. However, overall the result of your talking from 1 to 3 that Trend is always a friend. So we should follow the trend.
full member
Activity: 165
Merit: 100
June 29, 2018, 06:26:07 AM
#47
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


How you can predict That in point no. 3. World will face Crisis. You want to say ? That We buy crypto now at junk price and Sell in 2019-2021 year when price will jump in market and we can use that funds to buy Real estate.. Seems You have been mis guided by someone
People makes different predictions about price of bitcoin no one clearly knows what will be the situation in 2019-21. But many expert traders are saying hope fully the price of bitcoin will rise too high at the end of this year and 2019 is going to be the year of bitcoin, we are following the expert suggestions, so I think we should trade long till 2019-21.
legendary
Activity: 2982
Merit: 1028
June 26, 2018, 01:30:26 PM
#46
At present the market has started to recover and trading against the trend will be like a putting the hand in dirt as you will end up in a loss itself when the market seems ro move away from bearish to bullish. I would not be recommending and doing it.

We still need to consider factors that are affecting this action, the recovery seems to be not that much, makings some uptrend is not good enough to say that it will not be against the trend but there's also possibilities that its just another trapped that whales created for investors to believe that its now the beginning of bullish market and more green to expect, we should always need to consider that two things can happen, rise to the moon of fall down to the dip, better to make a wise decision.
member
Activity: 686
Merit: 26
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June 26, 2018, 01:18:48 PM
#45
At present the market has started to recover and trading against the trend will be like a putting the hand in dirt as you will end up in a loss itself when the market seems ro move away from bearish to bullish. I would not be recommending and doing it.
jr. member
Activity: 168
Merit: 3
June 26, 2018, 01:17:06 PM
#44
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legendary
Activity: 2366
Merit: 1206
June 26, 2018, 12:50:12 PM
#43
Snip-
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

How did you know that there is the great crisis on that year you have said, you are a prophet? lol.
Well, much better to be prepared and hold more crypto while it is a junk price in the market and hold for a long term that you want.

I stock more altcoins in my portfolio for urgent need near in the future and it is intended to hold longer time until I need financial support.

legendary
Activity: 1190
Merit: 1001
June 26, 2018, 11:06:46 AM
#42
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


How you can predict That in point no. 3. World will face Crisis. You want to say ? That We buy crypto now at junk price and Sell in 2019-2021 year when price will jump in market and we can use that funds to buy Real estate.. Seems You have been mis guided by someone
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