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Topic: Trading Research. (Read 791 times)

copper member
Activity: 168
Merit: 4
September 25, 2024, 07:08:24 AM
#65
I think smart money concept  { SMC } strategy for best option for trader and it helps trader to understand the market

You won't get it for a long time, but understanding the flow of the Smart money is an essential tool in trader's kit.
A lot of expertise and time is needed overall to understand it and the market itself.
If a person is determined enough, she will dig deeper to find more about SMC.
hero member
Activity: 2688
Merit: 588
September 25, 2024, 06:39:53 AM
#64
It is very good that you have researched trading. But I think it is most important to jump into the market after doing this trading research along with you. Because it turns out that no matter how much research you do about trading, if you don't enter the market, you'll never know how it's going to work. The point can be compared to learning that when a person learns something until he actually experiences it, it is not really learned properly. So I think you should jump into the market only after researching the trading and by understanding its movements you will gradually get used to it and eventually become a better trader.
Most important point if you are doing search and having some good updates about your trading journey then you need to jump into this because usually peoples done enough search but never enter into market which is never been ideal thing you need to keep yourself active in trading because this will give you good experience and also increase your knowledge and other information about this trading.

During learning to have all points about trading and their analysis is helpful but if you are not going to use your all search which you have done in trading is surely going to have negative impact on your work because it's always important just done search and have all related information and things then do some work which will surely increase your skills and also helpful into your journey in trading.
full member
Activity: 882
Merit: 211
September 24, 2024, 11:23:42 PM
#63
It is very good that you have researched trading. But I think it is most important to jump into the market after doing this trading research along with you. Because it turns out that no matter how much research you do about trading, if you don't enter the market, you'll never know how it's going to work. The point can be compared to learning that when a person learns something until he actually experiences it, it is not really learned properly. So I think you should jump into the market only after researching the trading and by understanding its movements you will gradually get used to it and eventually become a better trader.

Continuing to do research when you want to enter the market to make trades is very important for anyone who wants to trade and it will certainly help them to be able to make the right decisions on the trades they are making and without first doing research when you want to make a trade, it is very difficult to decide on something right and will also be profitable.

You are right, when someone has learned something, they must be able to try what they have learned, but they must try it with a little capital first while trying to understand it so that when they fail they can still correct their mistakes and try again and also we must be able to be patient from every learning process that we have to go through.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
September 24, 2024, 06:48:28 PM
#62
I don't see you sharing what methods and strategies and this does not show anything as a digestible reference.
Everyone can make a analysis about their trading abilities, both regarding data analysis and other skill limits.
In the case of trading we cannot see consistent profits and that becomes a difficulty. If you do have good skills in trading then there is no need to involve other people because you can do it yourself.

It is better to always do it yourself when trading because you can not trust the judgement of others and you do not know where they are getting their trading analysis from. Some people are not good at analysing the the market but they claim they are expert. Our analysis should be done by us only, being in a group analyzing the market is okay but always carryout a separate analysis of the market by yourself because that will help you to understand the market better and you can make decisions in the future based on the experiences that you will be getting from the current analysis that you will be doing. Your analysis should always involve past market and to see how the market moved during this period because the market always repeats itself. There is nothing different about the market that is why market analysis are good.
member
Activity: 45
Merit: 1
September 24, 2024, 12:20:23 PM
#61
It is very good that you have researched trading. But I think it is most important to jump into the market after doing this trading research along with you. Because it turns out that no matter how much research you do about trading, if you don't enter the market, you'll never know how it's going to work. The point can be compared to learning that when a person learns something until he actually experiences it, it is not really learned properly. So I think you should jump into the market only after researching the trading and by understanding its movements you will gradually get used to it and eventually become a better trader.
newbie
Activity: 13
Merit: 0
September 22, 2024, 10:32:04 AM
#60
I think smart money concept  { SMC } strategy for best option for trader and it helps trader to understand the market
hero member
Activity: 2688
Merit: 588
September 21, 2024, 08:44:32 AM
#59
Research and analysis look fancy, but deep down we all know that experience only helps to turn those reds into greens while trading.
I don't consider that on my side because like you said, the outcome will still depend on our experience. If we are less experienced, we might slack in our research but there are still some who will do their best in order to gain more knowledge. Meanwhile, there are also those who have enough experience but will only do a short research because they are confident about their ability.

Experience is not like a magic that can turn a red into a green or green into red. We need more than it. At the same time, only after significant experiences, you will be able to make use of your research and analysis effectively in your trading. So, the role of experience cannot be ignored in crypto trading always.
hero member
Activity: 812
Merit: 619
September 20, 2024, 12:24:04 PM
#58
One good thing about it is that you don't have to do it all at once, you can learn how to be a good trader with time, so that means we can see someone be a good trader in a month if they spend 8 hours a day, every day, or you could do it in a year too, that is why it is such an easy concept because you can spend time whenever you have time and eventually be a good one.

Good point. It depends on a person's mind and nature. Some people are natural learners, you know? They don't need a lot of time to grasp ideas and understand what they are learning because they are smart and their brains are built in a way that they memorize and understand things very quickly. On the other hand, some people might need more time to learn even the easiest concepts and ideas because their brains might not grasp things very easily.

Whether it's trading or anything in general, when someone starts learning, whether it is going to take months or years for them to become perfect it is subjective because it depends on how good or bad they are in learning and grasping new things.

I have seen people learning things only in one attempt, you would be shocked how they would do something right after they learn it from somewhere without practicing it much, and some people wouldn't be able to do that even after so many attempts and tries.
newbie
Activity: 17
Merit: 0
September 20, 2024, 12:24:54 AM
#57
hope it will be fast, without pain Roll Eyes
newbie
Activity: 17
Merit: 0
September 20, 2024, 12:14:34 AM
#56
64k reached, now we can go down i beleive Grin
sr. member
Activity: 1204
Merit: 486
September 19, 2024, 04:45:47 AM
#55
~~~

You tell us that you have experience as an economist but are you self-study economist or do you have an advanced degree from a good university? Because depending on your answer your advice might not be considered as anything serious...
I don't believe OP, claiming to be an economist is quite a heavy thing to be responsible for and what's even stranger is if OP has indeed learned a lot about the market with the analysis data he is proud of above, there should be many possibilities that are easy to take and how to determine decisions. The quality of an economist will speak through valid and accountable data, so can OP provide coherent analysis results as one proof that he has done in-depth research.

The results of the market research process will always change along with natural market movements. Now here is the problem that the research method that OP takes can be relevant to him but will not be 100% relevant to others.
hero member
Activity: 1428
Merit: 592
September 19, 2024, 02:12:56 AM
#54
As an economist with experience in big data analytics, I started working with historical data, focusing on price action. After a year of research, I’ve gained a deeper understanding of market processes but also recognized the limits of my own skills.

I’m now looking for a talented Data Scientist or Data Analyst to join me on a voluntary basis. If you excel in data export, analysis, and visualization, and are ready to invest some time in this research, please send me a message.

I don't see you sharing what methods and strategies and this does not show anything as a digestible reference.
Everyone can make a analysis about their trading abilities, both regarding data analysis and other skill limits.
In the case of trading we cannot see consistent profits and that becomes a difficulty. If you do have good skills in trading then there is no need to involve other people because you can do it yourself.

What benefits will be obtained when people join you and this must be relevant because currently nothing is free.
Even to access the forum we need internet data, especially if it is related to trading or the knowledge that people have.
hero member
Activity: 1246
Merit: 699
September 18, 2024, 12:26:08 PM
#53
Maybe we don't need to direct all energy in one area only in generating a strategy to help keep the candles green. A combination of both school of thought could get the trader more greener candles than one area of focus could. We gather experience out of the application of research and analysis. And any trader who combines both is likely to make much better trades. Relying on experience only without doing research to stay updated with new trends and strategies can be self harming that's what I think rather.
actually, both are related. if you are inexperienced, you may only do a little research that might not produce very good results. but if you are experienced, the desire to develop trading skills can automatically arise by itself. That is what causes the desire to research something to grow. whether it has actually been discovered by others or not, when it is not yet in our knowledge, there will be satisfaction when we can master something new.
OP is looking for people who actually also like research in developing trading methods. this can be done by people with trading experience, not just someone who understands trading.
newbie
Activity: 13
Merit: 0
September 18, 2024, 11:34:23 AM
#52
I think you should focus on SMC trading concept than you can understand the actual trading strategy.
full member
Activity: 434
Merit: 202
Duelbits.com
September 18, 2024, 08:27:14 AM
#51
Even if you are a long-timer in this market or so-called expert, you can't guarantee that you will always have a profit on this market. As you can't have the full control of market movement, you are just left to speculate and act on it.
Also, as you will go thru your trading journey, you will pick-up some tricks that you can apply the next time you execute a trade.
Perfect point, the mistake some traders do make at some point is trying to believe too much in their skills that they think nothing can stand in their way, some may at some point even think they have gotten pass the stage where they will still have to battle with losses probably because they believe they are already too sophisticated to deal with that but in reality they just have to deal with it.

My mentor will always tell me losses is part of the game, it's at some point a sign u are making progress but make sure you are taking from the market more than you are giving to the market, that's how to still stay profitable and not just thinking you are literally going to win always because you have all the experience and have probably hd too many winning trades before then.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
September 17, 2024, 09:13:19 PM
#50
Research and analysis look fancy, but deep down we all know that experience only helps to turn those reds into greens while trading. So no matter how big you do your research or how deep you do the analysis, the trading reality will only be seen when you jump to the market. It’s better to read historical books on trading and markets rather than wasting time on new algorithms. This is just my point of view. But I feel that you become better with experience only.
Maybe we don't need to direct all energy in one area only in generating a strategy to help keep the candles green. A combination of both school of thought could get the trader more greener candles than one area of focus could. We gather experience out of the application of research and analysis. And any trader who combines both is likely to make much better trades. Relying on experience only without doing research to stay updated with new trends and strategies can be self harming that's what I think rather.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 17, 2024, 06:58:00 PM
#49
In a risky world like trading, research and long-term preparation is crucial before you dive risking your funds trading in the market. But do trading research and efficient market data analysis guarantee the success of every trade? Of course, it won’t. Everything boils down to our own experience in trading. The longer you’ve been exposed in the market, either trading or purely investing, the bigger the chances of success. And the higher your risk tolerance, the more you become motivated to trade more even if it means losing at some point.
Some people don't understand that losses are inevitable in trading. No matter how much time you spend in this industry, how experienced and knowledgeable you become, and how good you become with trading practices and techniques, you should still not expect to have a 100% success rate because that isn't possible. There will be times when you will face losses, and that is fine, there is nothing wrong with facing losses as a trader in an unpredictable market such as this.

Losses in trading are a normal thing. If you are getting profit for most of your trades but lose some money in between the trades, it's all good unless you take that to heart and start getting demotivated by that. A good trader would positively use such things and learn from their mistakes.

If you lose in a trade, you should try to find out what you did wrong that caused it, and when you find it, work on it so that you don't repeat it.

Even if you are a long-timer in this market or so-called expert, you can't guarantee that you will always have a profit on this market. As you can't have the full control of market movement, you are just left to speculate and act on it.
Also, as you will go thru your trading journey, you will pick-up some tricks that you can apply the next time you execute a trade.
Been trading for years with different coins and what I learned throughout the years -
- at least check the background of the coin > devs are mostly after for the quick gains
- does the platform have actual usage to the community?
- why is the liquidity so high (pump ongoing!) or so low ('bout to die)? in what exchanges it is listed?
- does the website ever mention about some developmental work?
- how about the community of the coin? if no one is talking about it, better discard it as soon as you can.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
September 17, 2024, 07:24:09 AM
#48
Checking the charts and indicators is the only thing that you can do for research purposes, I understand that not a lot of people see it that way but that is how you should be approaching this situation.

If you can check all the indicators that you know of and if you could read the charts and see where it is leading and combine those two together, you are going to see a good pattern and could make a good trade. It is not that common to see all of them indicating the same thing but it does happen and that's what we should be approaching it with.

I understand it is not that easy but that's just how it is and we can definitely consider this as something that will benefit a lot. We are going to see this changing a lot more and we could make some good income from it as well. We are not going to deal with this as a good thing, it is going to take a while but we can definitely make a profit if we just check all these charts and indicators and find something proper.
member
Activity: 84
Merit: 31
September 16, 2024, 04:52:29 AM
#47
Hello, community!

I've been involved in crypto since the beginning, but in recent years, I decided to dive into trading. After spending six months studying all available materials on the subject, I realized that many of the traditional methods are either outdated or irrelevant to today’s markets. So, I embarked on my own research journey.

As an economist with experience in big data analytics, I started working with historical data, focusing on price action. After a year of research, I’ve gained a deeper understanding of market processes but also recognized the limits of my own skills.

I’m now looking for a talented Data Scientist or Data Analyst to join me on a voluntary basis. If you excel in data export, analysis, and visualization, and are ready to invest some time in this research, please send me a message.

Discussions are also welcome!  Wink

You tell us that you have experience as an economist but are you self-study economist or do you have an advanced degree from a good university? Because depending on your answer your advice might not be considered as anything serious...
I earned my master's degree in 2003, so you can calculate how much experience I have.
Actually you are very junior in this forum so maybe your assessment is not that, you but should present yourself with knowledge based review. You are very educated but you have not qualified in this forum it is actually due to lack of experience. Everyone should be respectful to each other.
sr. member
Activity: 616
Merit: 271
September 14, 2024, 02:44:06 PM
#46
Hello, community!

I've been involved in crypto since the beginning, but in recent years, I decided to dive into trading. After spending six months studying all available materials on the subject, I realized that many of the traditional methods are either outdated or irrelevant to today’s markets. So, I embarked on my own research journey.

As an economist with experience in big data analytics, I started working with historical data, focusing on price action. After a year of research, I’ve gained a deeper understanding of market processes but also recognized the limits of my own skills.

I’m now looking for a talented Data Scientist or Data Analyst to join me on a voluntary basis. If you excel in data export, analysis, and visualization, and are ready to invest some time in this research, please send me a message.

Discussions are also welcome!  Wink
I do not know what you intend to achieve with this your research but what I am certain about is that losses in trading can only be minimized and not eradicated completely from trading. I am not in anyway trying to undermine the importance of research to a trader, but then what ever strategy one will build from the researches he has done so far, it will only help him reduce his level of risk (I.e if it was a good strategy), it doesn't change the fact that trading is still very risky.

I wish you luck on your research journey. While working on a whole new method of trading, the traditional method you feel is outdated and irrelevant might still be very useful. Infact, they are the foundation in which you'll build your own method.
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