Trading Difficulties | Bitcointalksearch.org

Jaya912

full member

Activity: 280

Merit: 101

Quote from: CryproMaker on January 14, 2018, 12:49:36 PM

This post is direct to Daily traders.

Hi guys ,

I wanted to ask you how you manage to trade with all the enormous changes in the bitcoin currency.
3 weeks a go everything was great you could open a trade and you could pick it up after couple of hours but in the last 2 weeks for me im feeling its like impossible to trade im holding 30 bags and its moving very very slow.

I can say that im barely succeed to make 2 or 3 successful trades a day. even if im getting signals and im doing my own technical analysis im failing over and over again.
Whenever the bitcoin start to fall even in 2% its like impossible to trades.

I would like to hear your thoughts about it.

Well, i was thinking that i felt the same too because it is impossible to do forex strategy plan implement in cryptocurremcy trading and also technical analysis is not always ready to see the price run. Fundamental is much better.

949miner

sr. member

Activity: 448

Merit: 250

Stake & Vote or Become a IoTeX Delegate!

Yes.. i bought some elixir last night, and it has already gave me more than 60% of profit in just a few hours, maybe more than 10 if i am not wrong.

Quote from: mk4 on January 14, 2018, 12:58:57 PM

How is that "moving very very slow" though? And that's only for bitcoin. Most altcoin's movements are usually bigger and more frequent. You have to deal with the fact that profit and results from trading won't definitely be stable. Some days you lose, some days you win.

The market is not slow, maybe the only altcoins in where you invested are slow at the moment.

But hell, no, everything is fast, and faster than ever since there is a lot of people trading all day long with different cryptos.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Trading is one of those things that is insanely easy during times of a bull run, but is something that is tough to handle and tough to mange your emotions during the times of the bear. We are in the times of the bear right now, when most coins are correcting and losing massive amounts of value in a short amount of time. So anyone that thought they'd get in and make some quick cash is slowly noticing that they're losing out very quickly.

It's going to be tough, but if you think that everyone is going to come back up in some amount of time then you should just HODL and go on with your life. Don't check the prices all the time, don't watch videos, set some time aside weekly to check and then make decisions. Don't do day trading -- you're going to lose out.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

How is that "moving very very slow" though? And that's only for bitcoin. Most altcoin's movements are usually bigger and more frequent. You have to deal with the fact that profit and results from trading won't definitely be stable. Some days you lose, some days you win.

CryproMaker

newbie

Activity: 1

Merit: 0

This post is direct to Daily traders.

Hi guys ,

I wanted to ask you how you manage to trade with all the enormous changes in the bitcoin currency.
3 weeks a go everything was great you could open a trade and you could pick it up after couple of hours but in the last 2 weeks for me im feeling its like impossible to trade im holding 30 bags and its moving very very slow.

I can say that im barely succeed to make 2 or 3 successful trades a day. even if im getting signals and im doing my own technical analysis im failing over and over again.
Whenever the bitcoin start to fall even in 2% its like impossible to trades.

I would like to hear your thoughts about it.

Topic: Trading Difficulties (Read 109 times)