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Topic: Trading and it uncertainties - page 6. (Read 726 times)

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 24, 2021, 11:42:49 AM
#36
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

My strategy is quite simple. Buy when you think the price of the particular is worth more but you are getting at a lower price.
Wait for some days for momentum to build in the market. Take profits if the price goes up.
HODL if the price goes down. Don't know why people take so much stress when trading.
hero member
Activity: 1316
Merit: 502
November 24, 2021, 11:22:51 AM
#35
Because of the uncertainty we are required to have market knowledge and how to analyze the market so as not to get caught in a loss. The market will always change every day, there is no certainty up or down. When we are in the market, we must apply all the strategies we have, don't stick to one strategy. Because as the market goes on there will always be updates and so will analysis and strategy.
Unfortunately many people's personalities are quite stubborn and most of them prefer an instant profit, they belong to the category of people who will add to their knowledge during such hours of practice and of course, not yet complete the old knowledge jumped on the road and thought that was enough, pedaling frequently into the lanes warned by the old members. Stabilizing knowledge at the beginning and a bit slow should be something everyone should learn and also don't need too many strategies, it's fine to stick to a few strategies when the general formula is just buy low and sell high
hero member
Activity: 3024
Merit: 629
November 23, 2021, 09:11:32 PM
#34
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
If you take time gaining knowledge first before engaging yourself in trading crypto, you'll understand how it works and what to expect. Uncertainties are among of those factors that we need to deal with. Thus one must have his own plan and strategy to execute in order to gain, although there's no assurance that you're making the right decision (since the market is unpredictable).

Thats why having guts and preparedness to face the outcome are necessary because its uncertain if we're going to earn or lose our money.
sr. member
Activity: 1988
Merit: 275
November 23, 2021, 06:25:37 PM
#33
the crypto market is indeed unpredictable and changing, therefore we must be able to analyze the market well. not a matter of uncertainty but how we can control our assets when the market is volatile because it is not easy to maintain it. what I'm doing right now is doing the best I can and controlling my emotions well because that's very important. failure is a normal thing but besides that we must be able to do our best to get profits.

If you want an assurance that your hard-earned money will not disappear, better invest in alts that are established already like bitcoin or eth. Because even if they decline, they have the possibility that they can go up and you know for sure, they will not be gone overnight. Also, diversify your portfolio if you are investing in new projects, choose with projects that have solid foundation and active use case, not just because it is the current hype. As we have seen, a lot of DeFi platforms are not doing good as well as most meme tokens.
sr. member
Activity: 1484
Merit: 447
November 23, 2021, 05:58:30 PM
#32
the crypto market is indeed unpredictable and changing, therefore we must be able to analyze the market well. not a matter of uncertainty but how we can control our assets when the market is volatile because it is not easy to maintain it. what I'm doing right now is doing the best I can and controlling my emotions well because that's very important. failure is a normal thing but besides that we must be able to do our best to get profits.
sr. member
Activity: 2828
Merit: 344
win lambo...
November 23, 2021, 04:34:38 PM
#31
The uncertainty is always there and our job is to solve the puzzle, otherwise, there is no something 100% in the trading world except Low and High. The more we trade the more experience we get and our ability to detect the chart patterns improves after 5 years. 10000 screen time is required for many professional traders before they call themselves pros in this sphere. The uncertainties help us to make a profit and ride the possible trend depending on the market tools we use.
Perhaps, these uncertainties help us to be more curious about the market and lead us to work and study more. And the truth is that we can never ripe out of this thing unless we know everything but too unfortunate that it can never happen since the market is believed to be still unpredictable. That is why trading can be a serious job, not all meant for this but we try for at least we can generate some profit out from those uncertainties and difficulties.
sr. member
Activity: 1638
Merit: 339
November 23, 2021, 03:53:41 PM
#30
Because of the uncertainty we are required to have market knowledge and how to analyze the market so as not to get caught in a loss. The market will always change every day, there is no certainty up or down. When we are in the market, we must apply all the strategies we have, don't stick to one strategy. Because as the market goes on there will always be updates and so will analysis and strategy.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 22, 2021, 04:18:34 PM
#29
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
If you are worried about the changes in the price that can happen within seconds then most likely you are a day trader which is using a very short time window to make their trades, one easy way to deal with this is to increase the time frame of the charts you trade.

Day trading is the hardest way to trade the markets, personally I would prefer for people to begin their journey as long term traders or swing traders, but if that is what you want then another way to deal with the volatility is to lower the size of each one of the positions you take, this way even if the volatility stays the same the effect it has on your capital is reduced significantly.
hero member
Activity: 3010
Merit: 794
November 22, 2021, 02:59:25 PM
#28
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
Uncertainties is very common yet this market had been unpredictable which its normal for a human being do really ends up on having this kind of emotion when it comes to this.

How to handle it out? Realized on what you are doing and accepting that this market isnt something that you could easily predict or something like that
which as a trader you would really be having those kind of common impressions.

How to get rid? You cant but somewhat can be controlled via on your real experience in the market because you would know on what you would be doing.
legendary
Activity: 3052
Merit: 1188
November 22, 2021, 02:19:37 PM
#27
Also, accept the fact that once you execute the trade, there's always a chance that the price will go up afterwards. You can never tell the movement of the market. So if you are in profit, just be grateful that you are in the positive side but if not, you have other chances to get it back. Because once you completed your order, you can't reverse it, so you need to move on and not regret with your past action. I believe everyone experienced that even the long timers or so-called trading experts.
Market will always move after you sell, it could be down or it could be up but it will always move, you can't expect the market to stay still until you get back in once again whenever you feel like it, or just drop after each time you sell so you could buy exact amount of bitcoin again but for cheaper.

It means there will be times when people sell and the price will go up, it doesn't happen once in a while neither because bitcoin is something that goes up in the long term so you could sell during that period as well. This means we are going to sell at times when it goes up 100% guaranteed, as long as you are a trader in crypto, that is a thing you need to get used to. I am hoping that we will get to live in a world where we always make the right trades but let's be honest there is no way that we will make profit at all times, sometimes we will even lose money let alone not earn max amount.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
November 22, 2021, 02:18:40 PM
#26
In general, trading is far from the safest option to work with. It is important to understand and evaluate it correctly.
It is risky but safe from other types of work. If the meaning of safest is about having less risk then that's the meaning that you've got.

But about it, trading will surely give you uncertainty and you're unsure whether you'll have a productive day upon doing it. So if someone does it and not sure what will be the result, it's totally fine because that's how trading should be.
sr. member
Activity: 2660
Merit: 339
November 22, 2021, 01:08:29 PM
#25
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
Talking about these uncertainties that comes with trading is the primary thing that every trader should know about. When you become a trader, one thing that you should do, which is really important is to make sure that you have developed good strategies and have tools that can help you in making your trades successful.

Since, the market can be unpredictable most of the times, there are lots of tools available that you can make use of in making sure that you’re not ending on the critical side of things when the market goes against you.Stop-loss tool is very important, but people never know how important and helpful this tool can be.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
November 22, 2021, 12:25:39 PM
#24
If you are talking about trading, it is based on analyzing market data to build resistance and support points, thus buying/selling achieving a good ROI.
Volatility in this case is a good thing because it means quick profit, but quick profit means quick loss. Hence, trading bots and other methods that contribute to stopping the loss (but they do not make profits) appeared.

So trading is based on developing a correct strategy, analyzing the market, and then not being afraid of losing.
Volatility could be good thing if you are in the right side of things, but volatility also means that big drops or big increases are possible as well meaning we are talking about a big loss until you have to wait and recover that and it is not easy for a lot of people.

All the people who were long when it was 65k+ lost their money during the last week, all the people who were short during the last few days lost their money as well. You may say "well they should have known better" but the reality is that we do not know when we could go up or when we could go down. This is why I believe that volatility is good for trader if they know what they are doing and have good experience, otherwise it could be quite difficult.
sr. member
Activity: 1988
Merit: 275
November 22, 2021, 10:50:31 AM
#23
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
Your questions goes beyond a dedicated thread!!! Crypto trading is and has been in full swing for years.

How do you manage the volatility? You pay attention to the markets, and you adjust and devise your strategies accordingly. To top it all up with the same layer of obscurity (because is something each trader learns for themselves and in their own time) it is all determined by experience with the lows and highs that it comes.

Also, accept the fact that once you execute the trade, there's always a chance that the price will go up afterwards. You can never tell the movement of the market. So if you are in profit, just be grateful that you are in the positive side but if not, you have other chances to get it back. Because once you completed your order, you can't reverse it, so you need to move on and not regret with your past action. I believe everyone experienced that even the long timers or so-called trading experts.
legendary
Activity: 2030
Merit: 1189
November 22, 2021, 10:44:13 AM
#22
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
Your questions goes beyond a dedicated thread!!! Crypto trading is and has been in full swing for years.

How do you manage the volatility? You pay attention to the markets, and you adjust and devise your strategies accordingly. To top it all up with the same layer of obscurity (because is something each trader learns for themselves and in their own time) it is all determined by experience with the lows and highs that it comes.
jr. member
Activity: 140
Merit: 2
November 22, 2021, 08:52:43 AM
#21
In general, trading is far from the safest option to work with. It is important to understand and evaluate it correctly.
hero member
Activity: 1834
Merit: 720
November 22, 2021, 08:40:42 AM
#20
This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.
In future usually i use stop loss, because what is matter for me is how i minimize my risk and of course in volatile market which move fast, although only a little spread with leverage, can really affect on our money. But if in spot trading usually i only think about i buy then i hold, or maybe i buy more in cheaper price and hope don't need to reach price that i bought first to get profit.
legendary
Activity: 1862
Merit: 1209
November 22, 2021, 08:08:50 AM
#19
The high volatility is the reason why people are prefer to trade Bitcoin over stock, forex etc. If there a person doesn't like volatility then he should stay away from trading and stick with investment. It's shame people only happy when the price increase but when the price fall, he regret it. The thing is you need to accept the risk when it's about Bitcoin.

I don't do trade when the market is sideways or bear season, it's very high risk.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
November 22, 2021, 07:55:07 AM
#18
First, you need to educate yourself, keep learning from your experience so you'll know how to manage the risk. Lastly, always risk what you can afford only, as in that matter there's not much pressure you would feel as a trader, treat it like you are just playing a game and that you need to make a strategy in order to win consistently.

The most important thing is experience, if you don't have enough experience, you will likely makes mistakes as more experience will make you more matured since you are familiar already with how the market move.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
November 22, 2021, 07:50:35 AM
#17
80% of traders lose, 10% break-even and 10% win.

I don't go to details of the methodology of the research from which the article mentioned the statistics. You can connect it with the people you know as traders. I am sure the fact is somewhere around that, 80% of traders end with loss.

Crypto trading is more risky because no circuit breaks, no margin of price change and you can get rekted anytime, if you use leverages for your trading positions.
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