Trade-in between the lines - page 2.

Tellek Garing

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Quote from: Albescent on February 09, 2022, 01:01:32 AM

A successful trader would not have to share anything with you for money. The trader would already have enough money to not work. Everybody who presents themselves as a successful trader and tries to sell you something is just a trader who can make some profits but nothing substantial for a living.

For a while I was beginning to flow through your point a bit in some cases we still have expected traders who are monetizing the experience and marketing such to up-and-coming traders and in most cases, these tools work for them.

So in general trading just like every other wealth accusation does not have a limit it doesn't matter if the trader is an expert but the quest to make more profits drive most of them into so many other ventures

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Quote from: Albescent on February 09, 2022, 01:01:32 AM

A successful trader would not have to share anything with you for money. The trader would already have enough money to not work. Everybody who presents themselves as a successful trader and tries to sell you something is just a trader who is able to make some profits but nothing substantial for a living.

It takes time before you become a successful trader, but many people can not accept how long they can profit from trading. They need to have skills before trade and that can only get if they learn from many sources and more practices to understand how the market moves. Once they have the right skills to trade, I am sure they can make money for a living because I already see some friends can do this. But their income in a week or month will vary.

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Quote from: andriarto on February 08, 2022, 02:16:03 AM

Quote from: Rehan Zakir on February 07, 2022, 10:44:52 PM

You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.

the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements

Still, it depends on the large investor what they want to do with the market to make sure still the profit is on their side but again there's a lot of trading charts or patterns that you can be used to make sure you are still preventing losses. With the different strategy such as Technical analysis and trading indicators, you can use this as a guide. Currently, I'm using the Fibonacci algo to identify when is the reversal to make a buying opportunity.

Albescent

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A successful trader would not have to share anything with you for money. The trader would already have enough money to not work. Everybody who presents themselves as a successful trader and tries to sell you something is just a trader who is able to make some profits but nothing substantial for a living.

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Quote from: andriarto on February 08, 2022, 02:16:03 AM

Quote from: Rehan Zakir on February 07, 2022, 10:44:52 PM

You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.

the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements

A good trader must be very flexible so he can drive with the market trends and sentiments because in trading, trends will always tell the general direction of the price of a market. This is the reason why most of the traders should be more good in technical analysis as they will carry out the price forecasts. However, no matter how good a trader or how expert he is, every trader is still bound for losses. But most importantly, his profits should always exceed than the losses he gained so he can sustain more in trading.

South Park

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Quote from: Tellek Garing on February 01, 2022, 02:14:08 AM

Quote from: South Park on January 31, 2022, 02:20:49 PM

Quote from: Ziskinberg on January 28, 2022, 06:30:29 PM

Quote from: Tellek Garing on January 09, 2022, 12:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?

No matter what strategy we've used, can't just avoid mistakes and even losses. Remember that trading is not an easy job, plus the volatility of the market makes things even harder to speculate. For we are in trading, we could base a lot of things around that we think could affect the price. If that we need to hold, then we should to it as a trader is not always a trader, we can also consider ourselves as holder which is very often to happen.

Newbies need to remember this, trading may seem like an easy occupation as the only thing you need to do is to buy low and sell high according to them, however, trading is an environment in which you are competing against millions of people trying to do the same, it is the equivalent of running a marathon against millions of people, so only a selected few will earn profits from trading and yet newbies think that they will earn a fortune without making any effort at all, while their competitors never stop learning and use every single hour of free time to improve their system.

And that belief and perception of trading as an easy task have taken over most of them, trading requires skills and expects before you can gain in trading you have to develop you self over time if not so amateur trader most times run into huge loses.
I will adapt to the fact that for one to trade in Bitcoin at any point either spot or feature trading one needs skills.

Unfortunately this is the case, I think social media and the different ads that they see have convinced most of those entering the market for the first time that it is easy to make money with cryptocurrencies when this is not the case, in order to become a decent trader people need to spend months learning and reading everything they can, and even then you can suffer massive losses if you are not careful, and yet many newbies think that the only thing they need to do is to come to this market and suddenly a lot of money is going to appear on their trading accounts, something that is completely out of line with what we see actually happening.

lienfaye

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Quote from: Tellek Garing on January 09, 2022, 12:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?

Well, I tried to become a trader before I become a long term hodler. The reason why I switched to holding is because I find it more convenient and less headaches. Trading is profitable but one should have gain enough knowledge and understanding to be able to grasp every situation that a trader might encounter. The point is do what you think is best suits you, if you want to be a trader then take time learning its nature, how to analyze and make a strategy. Because it will depends on what we prefer and what we think is more profitable.

judaspriest

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Quote from: andriarto on February 08, 2022, 02:16:03 AM

Quote from: Rehan Zakir on February 07, 2022, 10:44:52 PM

You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.

the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements

Even so, it does not mean that if we follow the trend, it will automatically make a profit.
Such a mindset is certainly wrong because profit or loss also depends on various things, of course,
in trading it is very important to follow market developments at all times

andriarto

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Quote from: Rehan Zakir on February 07, 2022, 10:44:52 PM

You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.

the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements

Rehan Zakir

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You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.

BuNga_cute

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Quote from: Emitdama on February 05, 2022, 04:22:46 PM

Quote from: Tellek Garing on January 09, 2022, 12:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee

Yeah. Sometimes when I am holding and the market goes up all of a sudden and I am seeing profit in it, I can decide to sell some coins, that’s not bad. The reason why we are investing in the first place is to make profit, so there’s nothing bad in taking profit whenever you realize one, and it is something that you’re okay with.

I don’t really go with what people has to say, whenever I am investing I know what’s good for me, and I don’t need others telling me when to take profit or not. As long as I know that I can take this profit and it will benefit that much to be able to invest another time, then I’m going with it, although I don’t sell. And that’s also what I do when the market is down, I look for chances to invest and HODL more coins.

It is true that we have to believe in our own research and analysis abilities, to decide when to buy and sell coins. Because relying on signals
from other people will only make us lose, because everyone thinks only of his own benefit. So only we know what's best for ourselves,
so what you are doing is correct. Because the capital used for investment is our own, so we ourselves must be responsible for the capital
we have. This means that we really have to be able to do what's best for ourselves, so make decisions that we think are good. I always believe
my success can be achieved from the results of my own hard work, if we are not confident in our own abilities, how can we succeed in any case.

Emitdama

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Quote from: Tellek Garing on January 09, 2022, 12:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee

Yeah. Sometimes when I am holding and the market goes up all of a sudden and I am seeing profit in it, I can decide to sell some coins, that’s not bad. The reason why we are investing in the first place is to make profit, so there’s nothing bad in taking profit whenever you realize one, and it is something that you’re okay with.

I don’t really go with what people has to say, whenever I am investing I know what’s good for me, and I don’t need others telling me when to take profit or not. As long as I know that I can take this profit and it will benefit that much to be able to invest another time, then I’m going with it, although I don’t sell. And that’s also what I do when the market is down, I look for chances to invest and HODL more coins.

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Quote from: SquallLeonhart on February 05, 2022, 10:23:18 AM

Quote from: stadus on February 04, 2022, 04:54:19 PM

if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.

Dedication – that’s what a lot of them are lacking. Before you might have started tearing you know very well that there have been people who have been there before you, and it was due to their influence that you decided to start trading, so what makes you think that you can’t be successful like those people?

These newbies will get in the first time, they are forgetting that making money through investment and trading is not an easy thing to achieve, but they will still looking out for quick money. They don’t dedicate themselves to doing what would lead them to that level they wish to reach. Rather they are always in a hurry and wants to get it quick. Just like you have said, if these newbies don’t bend down and learn, then it’s not going to work.

This is why early traders are more successful than new traders because they have this dedication and urge for trading that they always need to fulfill. While these new traders are more confident that trading will always be easy because that's how they want it to be. Lack of efforts and dedication to be exact. But everything can be changed as trading itself will always be learned. With due diligence and right attitude, there will be higher chances for profitable trades.

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Quote from: stadus on February 04, 2022, 04:54:19 PM

if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.

Dedication – that’s what a lot of them are lacking. Before you might have started tearing you know very well that there have been people who have been there before you, and it was due to their influence that you decided to start trading, so what makes you think that you can’t be successful like those people?

These newbies will get in the first time, they are forgetting that making money through investment and trading is not an easy thing to achieve, but they will still looking out for quick money. They don’t dedicate themselves to doing what would lead them to that level they wish to reach. Rather they are always in a hurry and wants to get it quick. Just like you have said, if these newbies don’t bend down and learn, then it’s not going to work.

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Quote from: Tellek Garing on February 03, 2022, 05:13:41 PM

Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader, I believe if one can master the act of market volatility and movement it will become easier to trade in between the market merging line to cash in some profits.

At the end of the day, trading is a skill and like every skill, it requires mastery. While the learning curve isn't that steep, it just takes longer to get well-acquinted with it. But the good thing is that once you get the hang of it and start mastering it, it becomes easier. Even with the risks associated, one can still excel in their trading career regardless of those risks.

Quote from: ?? on ??

Trading between the line is more profitable if the trader is always active in monitoring the market movement the price of the commodity in view most be focused on.
Bitcoin trading analysis is easy because of its unsuitable price movement.

I think its pretty safe to say that there's no easy analysis because the market doesn't belong to just one individual.

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Quote from: gabbie2010 on February 04, 2022, 03:48:39 PM

Quote from: ?? on ??

Quote from: palle11 on January 09, 2022, 04:53:26 PM

Trading is more in risk than hodling no doubt because with trade you can lose everything you have but for hodling you won't. But in trading you can multiply your deposit into multiple times. This is the joy of trading because it is incomparable the daily profit if you got the trade adequately. Trading is surely not easy but trading in between the lines when the probability of making profit is higher than loss is safe.

the advantages and disadvantages in trading is way higher than that in holding, you make faster money while trading unlike while holding, and you could lose all you've ever saved in a bad trade unlike in holding.

I guess that's what makes trading dynamic.

The skills required to trade between the lines is very tasking and requires plenty of time of studying charting patterns and analysis before a trader can earn profits consistently which is absolutely not easy, however many newbie traders are not ready to learn through this techniques before embarking on their trading journey there main aim is to earn massive profits as soon as possible thus lose their portfolio within the shortest period of time instead of sticking to hodling the coin which is less riskier.

That is, if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.

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Quote from: ?? on ??

Quote from: palle11 on January 09, 2022, 04:53:26 PM

Trading is more in risk than hodling no doubt because with trade you can lose everything you have but for hodling you won't. But in trading you can multiply your deposit into multiple times. This is the joy of trading because it is incomparable the daily profit if you got the trade adequately. Trading is surely not easy but trading in between the lines when the probability of making profit is higher than loss is safe.

the advantages and disadvantages in trading is way higher than that in holding, you make faster money while trading unlike while holding, and you could lose all you've ever saved in a bad trade unlike in holding.

I guess that's what makes trading dynamic.

The skills required to trade between the lines is very tasking and requires plenty of time of studying charting patterns and analysis before a trader can earn profits consistently which is absolutely not easy, however many newbie traders are not ready to learn through this techniques before embarking on their trading journey there main aim is to earn massive profits as soon as possible thus lose their portfolio within the shortest period of time instead of sticking to hodling the coin which is less riskier.

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Quote from: CryptopreneurBrainboss on February 04, 2022, 12:39:48 AM

Quote from: Tellek Garing on February 03, 2022, 05:13:41 PM

Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader,

That's because cryptocurency has made it very accessable, you can basically buy any worthless coin and it gives you huge return especially in the bullish market. Speculators that does that see themselves as traders but they're nothing close to becoming one. After they record this luck, they utilize social media to express their joy and other do the same thing hoping to receive similar results. Some do and majority doesn't and the cycle continues.

Social media makes it easy to disguise yourself as a successful trader with the pretending and posting fake proof. Imposters have use this to deceive many into buying their course or following their signals etc. They make it seems like trading is an easy thing to do and the noobs buy into the lies they're selling without realizing they're going down a path not many become successful in.

This is the reason why noobs should never rely on social media because they can be detrimental as it seems. They have to learn on their own and consider their experiences as their best teacher in trading. Trading will never be an easy task, and making profits needs extra effort, otherwise your trades will certainly end in losses. But trading will always be learned. And if you have discipline, mental toughness and positive mindset, you will always succeed in trading despite of its market's volatility.

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Quote from: Tellek Garing on February 03, 2022, 05:13:41 PM

Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader,

That's because cryptocurency has made it very accessable, you can basically buy any worthless coin and it gives you huge return especially in the bullish market. Speculators that does that see themselves as traders but they're nothing close to becoming one. After they record this luck, they utilize social media to express their joy and other do the same thing hoping to receive similar results. Some do and majority doesn't and the cycle continues.

Social media makes it easy to disguise yourself as a successful trader with the pretending and posting fake proof. Imposters have use this to deceive many into buying their course or following their signals etc. They make it seems like trading is an easy thing to do and the noobs buy into the lies they're selling without realizing they're going down a path not many become successful in.

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Quote from: Tellek Garing on February 03, 2022, 05:13:41 PM

Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader, I believe if one can master the act of market volatility and movement it will become easier to trade in between the market merging line to cash in some profits.

the challenge here in crypto market is that every alt or project is different. there is no defined strategy for all alts as they deviate from each other in so many aspects. so experience will assist you on how to spot a possible pumpndump altcoin or a coin that is about to be abandoned by their devs.
this skill or knowledge can be learned thru time and years of experience in dealing with these alts.
this is why a lot of noobs are getting disappointed once they got in because their expectations are not met.

Topic: Trade-in between the lines - page 2. (Read 844 times)