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Topic: Trading season? (Read 552 times)

hero member
Activity: 616
Merit: 749
March 12, 2023, 04:32:46 AM
#93
I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?

There are season and you should know yours so you can use it effectively to your advantages. I get lucky when it's the bull market and that's why I only trade during this time. I don't trade during the bear market instead I just observe and get my hands on some cheap bitcoins when the opportunity presents itself. We have people losing because they try trading the bear market.

Know which of the market seasons works best for you and use it. Even in the bear market, we have traders profiting by shorting the market. If you have no experience don't follow them as you could lose it all because leverage trading is totally different from the regular trading that many of us are used to.
hero member
Activity: 2702
Merit: 704
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March 12, 2023, 01:55:25 AM
#92
Trading doesn't have a set day for gains or losses. You can experience a lucky day today and your worst day the next day (losses).

The cryptocurrency market operates in projected uptrends and downtrends. Every day will be a lucky day for you as a trader if you know when to shoot and when to remove your target.
Practically speaking it is impossible to hit the buying and selling at the right time constantly especially for a cryptocurrency trader due to the high volatility nature of cryptocurrencies itself. As you said everyday is lucky day for traders but they need to be lucky enough to reach the target on the day or session.

Trading seasons aren't really there, its only for the investors cause bear market is good for buying while bull market is good for selling.
If a trader actually believes they are going to consistently buy at the bottom or the top they simply have not backtested their strategy, as you only need a few trades to know this is impossible.

Fortunately a successful trader does not really need that kind of consistency, as long as you can determine the direction of the market more often than not and you can limit the size of your losses then becoming a profitable trader is possible, unfortunately even something as simple as that is beyond most traders and that is why they lose.
hero member
Activity: 910
Merit: 582
March 11, 2023, 01:55:23 PM
#91
I guess your friend could be talking about market section and trading hours , for instance the London and New York section when the market is most volatile due to the presence of the market makers, that's when the banks and Biggest speculators are actively buying and selling in the market (smart money). In this case your target /take profit can be reached within the shortest period of time than other market section when the market is slow (Asian Section).

Therefore in my little experience since I became a trader, there is nothing like lucky time when it comes to trading it basically your strategy, it's when You're together in a trade when the market movers are moving the market in your direction.
sr. member
Activity: 2436
Merit: 272
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March 11, 2023, 01:32:05 PM
#90
Trading doesn't have a set day for gains or losses. You can experience a lucky day today and your worst day the next day (losses).

The cryptocurrency market operates in projected uptrends and downtrends. Every day will be a lucky day for you as a trader if you know when to shoot and when to remove your target.
Practically speaking it is impossible to hit the buying and selling at the right time constantly especially for a cryptocurrency trader due to the high volatility nature of cryptocurrencies itself. As you said everyday is lucky day for traders but they need to be lucky enough to reach the target on the day or session.

Trading seasons aren't really there, its only for the investors cause bear market is good for buying while bull market is good for selling.
legendary
Activity: 1904
Merit: 1176
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March 11, 2023, 02:00:11 AM
#89
There is two types of trading one is short-term trading and the another one is long-term trading. In short-term trading, I think there is no trading season for that, Because since there is trading like short time or day trading, there is no season, there may be perfect pick time for trading.
On the other hand what I understand about the trading season in long-term trading that is very easy - there is will be always two season one is bull and the other is bear,  For example, bearish season is going on now is the perfect time to take trade for long-term trading.

In simple words, you described everything correctly, this is how it basically happens, but besides these simple things - buy and sell, there are many moments that will constantly affect us, and how well we are able to choose an entry point and an exit point will determine how successful we are traders. How strong is the belief in the asset, can we hold on and not sell if the price drops significantly? All this will define us as traders in long-term trading.
sr. member
Activity: 658
Merit: 280
March 11, 2023, 01:06:35 AM
#88
As far as I know there is no specific season for trading. This is not a seasonal medium where you trade seasonally.  People mainly trade for the purpose of making profit. As in business, you earn profit from capital investment, this trading platform also happens in the same way. You buy a coin with your money and when the price of the coin increases a little, you sell the coin and the money left between the purchase and sale.  That is your profit and people trade for that profit.
sr. member
Activity: 812
Merit: 349
March 10, 2023, 05:04:42 PM
#87
Trading doesn't have a set day for gains or losses. You can experience a lucky day today and your worst day the next day (losses).

The cryptocurrency market operates in projected uptrends and downtrends. Every day will be a lucky day for you as a trader if you know when to shoot and when to remove your target.
legendary
Activity: 3290
Merit: 1128
March 10, 2023, 02:16:22 PM
#86
In short-term trading, I think there is no trading season for that, Because since there is trading like short time or day trading, there is no season, there may be perfect pick time for trading.
With short term trading like daily trading, it is for professional traders who consider it as their job. They are experienced enough and spent enough time and cost (loss) in the market to understand it as well as figure our their mistakes, fix such and find good strategies for their trading. In addition, they are very disciplined with their trades. If they can not gain profit, they exit with either a draw or small cut loss.
I think if you could spare some of your money to side for short term trading and have most of it on long term trading then you could consider it as a spending as well. Like let's say you have 900 dollars worth of bitcoin, and that is in long term investment, and you also have 100 dollars worth of it for trading short term, that 900 could become 1000 dollars, and that 100 could be spent on trading.

I talked about this way before back in the day and I keep saying that short term trading could be learned that way. As a newbie, that's what I did, and I did it well because even when I lost on trading, my investment recovered that loss and I was doing fine.
legendary
Activity: 2086
Merit: 1058
March 10, 2023, 12:48:02 PM
#85
I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Understanding when it is good to make profit according to you is an important part of trading, but "season" is not true, it all depends on what you like to do and when you want to trade. I personally like trading when it is going up, or even when it is stable like it is sort of now.

However, there are some people who make profit when it is going down, like the people who short it, because they know that they will be capable of making a profit in ten folds if they could leverage their position when it is going down and seeing it go down means it usually will keep going down during the crash. So there are no seasons, it is just periods that fit you a bit better or not.
hero member
Activity: 2366
Merit: 838
March 10, 2023, 11:09:47 AM
#84
In short-term trading, I think there is no trading season for that, Because since there is trading like short time or day trading, there is no season, there may be perfect pick time for trading.
With short term trading like daily trading, it is for professional traders who consider it as their job. They are experienced enough and spent enough time and cost (loss) in the market to understand it as well as figure our their mistakes, fix such and find good strategies for their trading. In addition, they are very disciplined with their trades. If they can not gain profit, they exit with either a draw or small cut loss.

Quote
On the other hand what I understand about the trading season in long-term trading that is very easy - there is will be always two season one is bull and the other is bear,  For example, bearish season is going on now is the perfect time to take trade for long-term trading.
Long term trading is like gambling. They fail with short term trading, hesitate to cut loss and exit the market so they fall into middle of long term investors and long term traders. To avoid to be called as failed traders, they name themselves as long term traders.

Long term traders get loss if they buy at top of bull market and hold their coins long enough till bottom of bear market.  Cry
sr. member
Activity: 490
Merit: 294
March 07, 2023, 01:51:37 AM
#83
The purpose of all trading is to earn some profit.  In that case, I am no exception. But my trading method is a bit different I trade for a short period of time and sell the coins as soon as I get some profit. Which I think is a very good book from my site. There are many people who make a profit at first by trading but later they keep the coins in the hope of more profit but later it is seen that they face more loss instead of profit. So I prefer to trade for limited time.
full member
Activity: 1442
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March 06, 2023, 10:32:58 PM
#82
There is two types of trading one is short-term trading and the another one is long-term trading. In short-term trading, I think there is no trading season for that, Because since there is trading like short time or day trading, there is no season, there may be perfect pick time for trading.
On the other hand what I understand about the trading season in long-term trading that is very easy - there is will be always two season one is bull and the other is bear,  For example, bearish season is going on now is the perfect time to take trade for long-term trading.
Short term trading is very complex to understand. the more difficulties one has to face to find out where the market wants to move. On the other hand, beginners really have to learn a lot, especially psychology, where we will see the market move wilder because it uses a smaller time frame. Heart exercise is bound to happen, the main thing is that we have to be consistent with our analysis, so that intuition will eventually form by itself in seeing the market
sr. member
Activity: 1232
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March 06, 2023, 04:32:27 PM
#81
There is two types of trading one is short-term trading and the another one is long-term trading. In short-term trading, I think there is no trading season for that, Because since there is trading like short time or day trading, there is no season, there may be perfect pick time for trading.
On the other hand what I understand about the trading season in long-term trading that is very easy - there is will be always two season one is bull and the other is bear,  For example, bearish season is going on now is the perfect time to take trade for long-term trading.
hero member
Activity: 1288
Merit: 504
March 06, 2023, 03:09:04 PM
#80
The seasons that exists in cryptocurrency trading could be linked to the bear and bull seasons where one tends to exert a dominant pressure on the market. Other than this, I don't know what seasons might there be in cryptocurrency trading.

Should we come to FX trading, we might talk about the sessions. Where we have various sessions such as the London and Asian sessions, which is largely due to the timing for the mass population of each of these sessions to be more active, participating in trades.

Hence, profiting from the seasons or sessions as the case may be is largely due to your experience and how you manage risk.
legendary
Activity: 3290
Merit: 1128
March 06, 2023, 02:44:03 PM
#79
It is because of this you need to test whatever strategy you are using on different markets and different market conditions, anyone that bought during 2020 or at the early months of 2021 may believe they were geniuses as they obtained huge profits, but they simply benefited from investing in bitcoin at the right time, and if they did not knew what they were doing it is likely they even lost way more money during the bear market of 2022.

Good traders can be seen during the bear markets, since despite the difficult conditions they can still make some profits with their trades.
That's so true and many people do not understand this. You are not a good trader just because you started at the right time, I understand that it may not be something that is true and real, because we are talking about something just assumption, but if you are a newbie who started right at the start of last bull run, and made a lot of profit, that doesn't make you a good trader.

You need to survive for a few years before you call yourself a good trader, and most people either lose right away, or lose eventually. You need to learn with the flow and get better at it and that way you could be trading with profit at every turn, whatever the market is.
sr. member
Activity: 1190
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March 06, 2023, 02:30:35 PM
#78
what is meant by lucky season is maybe when the bull season occurs, many people or mostly people will get profit because all coin will massive pump.
but that happen in every few years once, so that mean you must wait until that come.
jr. member
Activity: 150
Merit: 1
March 06, 2023, 02:08:59 PM
#77
Trading season means about bull trading season when almost all the Cryptocurrencies pumps. I don't think there is another lucky day expect Bull Season. So we should wait for the bull season to make perfect trading.
full member
Activity: 546
Merit: 148
March 06, 2023, 01:29:47 PM
#76
I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?

I think the person was trying to send a message to you that as a trader, you can make moeny during bull run whether you have an experience or not, those are the lucky days you do small set up and then in few minutes, you have made something depending on the amount of money you trade with but I will advise you, if you want to trade, don't wait till that period, start now there is bear market, you will get more esperience now and use that to make money in bull run instead of waiting for that time you will start trading with mistakes and when the bear markets emerges again, you wouldnt be able to understand anything.
hero member
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March 06, 2023, 01:03:03 PM
#75
Quote
Season? What does he mean seasons? Like Winter season or Summer season like that?
I don't know there is a "season" where you can get profits from trading and at the same time, a "season" where you can lose money as well.

He didn't mean at all the seasons you are talking about, he meant the season of the crypto market where there is one season where the market goes down and another season where the market goes up. Down market shoppers are lucky.They buy crypto currency at a low price and increase their capital several times after the market goes up And the season you are talking about where you can lose your capital  will be the season when people are selling and you are buying And this season will definitely be the Bullish season.which is not suitable for shopping at all.
hero member
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March 06, 2023, 01:02:08 PM
#74
Often hear about the altcoin season maybe that's what is called when bullish comes where some coins increase drastically due to market influences or other positive news.

To be honest, for the trading season, it is still difficult to identify when it will occur, how many times a year this cannot be guessed, and you don't need to believe in this talk, because after all, this is difficult to explain, let alone your friends can't explain it.

Still, trading requires skills that can analyze the coins that will be traded, including some of the patterns needed so that with the skills you have, trading whenever you can be profitable.

But don't ever think about something sweet, there is still a risk when you trade because no analysis is ever accurate.
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