I agree with what most members say here. 1 week is not a wise period to measure whether our trading is successful or not.
We learn trading for several conditions and commonly every week will be also different.
If the week is in the good season, we may be getting much profit.
But vice versa, if this is very volatile and so much bad news, our 2 weeks may be very risky.
In this case, learning by doing in any condition of trading is very important and not only based on one week's experience.
But, at least, I appreciate with your effort here, because you tell what you were experiencing.
Topic: Trading Cryptocurrency for 1 Week! - page 6. (Read 1424 times)
At first, I would like to say that I like to share experiences because they benefit everyone, but on the other hand, one week is not enough to judge a trading strategy with success or failure. You were lucky this week and made very good profits, but you have not yet experienced a correction or a market crash. I mean, you need several months to cover all market possibilities and build a successful experience.
The market goes through different uptrends, downtrends and inertia and each case takes a period of time so we cannot judge the success of a trading strategy unless it covers all of these cases over long periods of time.
The market goes through different uptrends, downtrends and inertia and each case takes a period of time so we cannot judge the success of a trading strategy unless it covers all of these cases over long periods of time.
Does anyone have any experience in using a cryptocurrency trading bot? I have never used one but I saw an article on the web that was talking about the best crypto trading bots
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
U still can lose your money even if you're using bots with any strategies because the crypto market is very volatile so I'm not recommending you trading with trading bots. It's better if you have some community that discusses crypto market movement and research with your own strategies.
Does anyone have any experience in using a cryptocurrency trading bot? I have never used one but I saw an article on the web that was talking about the best crypto trading bots
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
U still can lose your money even if you're using bots with any strategies because the crypto market is very volatile so I'm not recommending you trading with trading bots. It's better if you have some community that discusses crypto market movement and research with your own strategies.
https://www.youtube.com/watch?v=UmxGGxAvqus
I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
For example, one week is very little, judging by the afik, you were lucky that there was a bullish run on the alts, you traded purely intuitively, most likely by sculpting, but the most important thing is not afraid to try and this is the most important thing, many are afraid to enter the exchange in the first week, until they read a mountain of books. I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
Does anyone have any experience in using a cryptocurrency trading bot? I have never used one but I saw an article on the web that was talking about the best crypto trading bots
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
https://www.routerhosting.com/crypto-currency-trading-bots-for-beginners-best-bots-and-strategies-more/
Is it good to use one?
If someone can have experience in just 1-week trading, that will be good for him as he can still learn more about trading to improve his skills.
Even machines need much more time to feed and equip with all needed programs 
. I am sure a beginner must dedicate at least 4 months of time for learning phase but within that period of time, they may check in live markets still that is only for gaining real time experience by risking least capital; moreover we have demo accounts and backtesting tools for exact same purposes.we know that learning trading will not stop, although we already have skills because the market will always change day by day and that makes us keep learning to find the right time to trade.
Yeah for the ever-changing market conditions and volatile nature, we must need continuous learning. Traders who stop after certain period of time, may need to get ready to retire from trading career. Traders must need to update their trading knowledge and strategy so that they could have enhanced skills to make profits regularly.
Actually, one week is a too-short time or period where we can say that it is successful or not. The market will change drastically in another week and we need to prove more to know whether we actually can do it in every type of market condition or not.
But, I really appreciate it if you are successful in one week of your trading.
But, trading is not easy, everyone can do it, but without any knowledge, consideration, and management, your trading may be stuck and also lost more money.
That is why it is not only about everyone can do it, but how everyone will do it, how they start.
But, I really appreciate it if you are successful in one week of your trading.
But, trading is not easy, everyone can do it, but without any knowledge, consideration, and management, your trading may be stuck and also lost more money.
That is why it is not only about everyone can do it, but how everyone will do it, how they start.
If someone can have experience in just 1-week trading, that will be good for him as he can still learn more about trading to improve his skills.
Even machines need much more time to feed and equip with all needed programs . I am sure a beginner must dedicate at least 4 months of time for learning phase but within that period of time, they may check in live markets still that is only for gaining real time experience by risking least capital; moreover we have demo accounts and backtesting tools for exact same purposes.we know that learning trading will not stop, although we already have skills because the market will always change day by day and that makes us keep learning to find the right time to trade.
Yeah for the ever-changing market conditions and volatile nature, we must need continuous learning. Traders who stop after certain period of time, may need to get ready to retire from trading career. Traders must need to update their trading knowledge and strategy so that they could have enhanced skills to make profits regularly. 1 week is enough to understand how markets work in small timeframes, you have to focus on higher timeframes in order to understand deeply what whales trying to do. You should build your trading experience to analyze why market patterns are absolutely different on H4 compared to 15 min charts. Consistent profits are not impossible but hard to reach that level of confidence, time will show which option suits better your trading style.
but for me, 1 week may not be enough to be said to dominate the market, especially with a small time frame. Indeed, experience is needed here to fully understand, let alone to control psychology, where this takes time to adapt. Therefore, multiplying experience can make us learn about every different conditionBut we know that learning trading will not stop, although we already have skills because the market will always change day by day and that makes us keep learning to find the right time to trade.
1 week is enough to understand how markets work in small timeframes, you have to focus on higher timeframes in order to understand deeply what whales trying to do. You should build your trading experience to analyze why market patterns are absolutely different on H4 compared to 15 min charts. Consistent profits are not impossible but hard to reach that level of confidence, time will show which option suits better your trading style.
but for me, 1 week may not be enough to be said to dominate the market, especially with a small time frame. Indeed, experience is needed here to fully understand, let alone to control psychology, where this takes time to adapt. Therefore, multiplying experience can make us learn about every different condition 1 week is enough to understand how markets work in small timeframes, you have to focus on higher timeframes in order to understand deeply what whales trying to do. You should build your trading experience to analyze why market patterns are absolutely different on H4 compared to 15 min charts. Consistent profits are not impossible but hard to reach that level of confidence, time will show which option suits better your trading style.
^ I week? I don't think so, probably it could be 1 month for me.In 1 week it could be experienced trading for me, and the second understand the market price movement and the 3rd applying some strategies and the 4th one, you must learn and already know those mistakes and avoid that it will not happen next week. Trading is not a joke and it is not just easy of making money, you need good skills before you can start. Aiming for your trading plan is very important and to avoid possible losses.
a trader will of course do a stop loss or target, consistent profit I mean, I think within a certain time we will always get positive results, but I think every trader must sometimes experience losses, but in the accumulation it can be covered by bigger profits
Losses will always be there, it's just a matter of how we minimize these losses. The use of Stop Loss is also very helpful when the market does not go as we expected.Profits and losses are certainly commonplace, every loss is covered with some big profits. it also requires good capital management. Consistent profit even though it's small is not a problem, it's better than big profit but getting a loss in the end.
a trader will of course do a stop loss or target, consistent profit I mean, I think within a certain time we will always get positive results, but I think every trader must sometimes experience losses, but in the accumulation it can be covered by bigger profits
Losses will always be there, it's just a matter of how we minimize these losses. The use of Stop Loss is also very helpful when the market does not go as we expected.Profits and losses are certainly commonplace, every loss is covered with some big profits. it also requires good capital management. Consistent profit even though it's small is not a problem, it's better than big profit but getting a loss in the end.
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.
Additionally, in a bull market, almost anyone can profit off the market even though they're doing the wrong analysis. It's just common. Where it starts becoming a problem is when the market isn't moving towards the north, that's when people who were profiting during the bull run start questioning their strategies and before they get to realize that they started off on the wrong foot, it might be too late and they might have lost most of those profits back to the market.
he needs to show his trading skills during 'bear season' and let us see what strategy is he going to apply to generate positive profit. besides, he is just promoting the trading platform, you can already see the affiliate link under his YT video. what is wrong in this picture is that it will create misconception to these newcomers. of course, he will show the positive side of trading but how about when he is not gaining from his trading?
I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
It’s really good tat you’re doing this to boost the moral for other traders who are still new to the game. Someone pointed out that one week is short to test any strategy and that was what really prompted me to start writing this comment.One strategy doesn’t work all the time, if it works for you one week, yes of course it is not going to continue working for you if you’re going to be using that same strategy for a whole year. No, things doesn’t work like that, over time the market is going to change and whatever strategy will not work when the market changes, so that’s why you have to keep using different strategies, when one stops working you have to switch to another strategy that works for the moment.
time is not a problem for traders. the most important thing is how to manage finances for these traders, within 1 week if a trader can manage it well it may be easier to get positive results. but the most important thing is to be consistent so that you can continue to maintain a positive trend in trading
Consistent profits will be harder to get if you don't do the strategy right. For one week I didn't even have a consistent profit for some technical reasons. I continue to learn so that the profits obtained remain consistent by continuing to analyze correctly. Trading is not only about profit, but how to maintain the capital you have and take the right steps in every trading decision. 
https://www.youtube.com/watch?v=UmxGGxAvqus
I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
One week is actually enough to make profit as long as you can analyze which coins are trending and hype. If you are a day trading then I guess 1 week is already enough for you to take profit. Other's may take a long run because they didn't reach their target yet. As long as you're holding potential coins, a week or two would be enough already for you to take profit, but of course, you should have need to know how to deal with the market first. Knowing the market and how it will run will give you an easy trading. Just keep learning and getting a lot of experiences because market is immeasurable in terms of experiences and skills. I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
Good for you and others that have made their week remarkable for winning their trades. But you do this on a bear market and you'll find it very difficult.
One week is actually enough to make a profit as long as you can analyze which coins are trending and hype. On average, those who make big profits take advantage of coins that are hype even though it is also very risky. But this technique will not be the same as next week, you should try to re-analyze the good coins again.
It's changing week after week and you have to adapt to what's with the market. The trends are surely changing every time and you have to adopt the changes so that you know what to do if you analyze. But I acknowledge op and everyone who made their 1 week of trade well. 
One week is actually enough to make a profit as long as you can analyze which coins are trending and hype. On average, those who make big profits take advantage of coins that are hype even though it is also very risky. But this technique will not be the same as next week, you should try to re-analyze the good coins again.
Being profitable on the first week in trading doesn't mean that you were good already. No, we just got lucky and our strategy had work or we got this favor. We just to know where we are and test our capabilities if we traded long coz it possible that we got a profit this time but we lose by tomorrow. This is how trading works, we can't find assurance nor tell others and show that we are good already and trading will be easy. That all be lies as never it happens that all the times we're in good and profiting.If it turns out to be profitable on your first week then be thankful but if not then you should learn from your mistakes because this isnt just for short term but rather for long term.
Just keep learning and getting experience because this market is immeasurable in terms of experience and skills.
Jump to: