If we begin to give more positive remarks to luck in trading, it means we are only agreeing that trading is same thing as gambling and this also means we are dragging the trading profession to the mud because trading is actually a profession IMO .
What we can consider luck in trade is when you have made an analysis or chart and the real market direction comes to your direction to confirm almost or all your sentiment and emotions to be right, then you can hit your "jack pot". You can be lucky that day and not to agree that trading is luck. Of course in life, there are days that are naturally sad, waking up on the wrong side of the bed and most activities will not favour you, as a trader you can watch out for those days and the days your chart analysis favours you.
Topic: Trading season? - page 4. (Read 583 times)
For me it's not about lucky days 100% since we always make technical analysis to increase our chances of making profits in trading. So it is a combination of luck and good analysation based on your technical analysis. If you're good at trading, every single day is a trading season for you, and if you're not, then most likely it is all about losing profit season, simple as that.
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?
Maybe the meaning of the profit season is when the market is under and then reversing the direction like this (or maybe not yet?). When the price of coins can increase little by little, the profit season arrives; at that time, we can start to benefit from trading many potential coins. But this season is not always shown by the market conditions that turn around because even though the current market conditions can begin to increase, we still often encounter the price of coins, and sometimes the correction can be too deep. Before starting trading, you must first analyze whether the current trend is time to decline or has begun to increase so that you can benefit.For example, I came up with this dope-ass idea to buy a fat stack of a new coinn with fire tech that nobody was payin attention to 'cause it wasnt in the top 100. I held that bad boy for months, and when it got listed on a top exchange, the price went straight to the moon, and I made mad profit. It wasnt nothin I learned from a book or a seminar, just a uniqe and creativee idea that hit me outta nowhere. So, my advice to all my fellow traders is to get creative, learn from yur losses, and have funn with it. Tradin aint just a science, it's an art that requires a mix of skill, creativity, and straight-up luck.
That's the point if you learn about the analysis of the coins because by analyzing to find the right coin, you can profit in all market situations. And you can even get even more profit when the market is experiencing a bull run or altcoin season. This is the altcoin season that many people have been waiting for because there will be many altcoins that can increase drastically at that time. That's why people are still looking for new coins that may have the potential to improve.
The type of environment we are in plays are great role to how much profit you can make. Back in 2021 you could of made crazy money by buying anything pretty much not just Bitcoin or Ethereum. There was tons of money to be made with NFTs, Defi, there was people who got 5 figures worth of airdrops. Most new tokens pumped like crazy, all you had to do was be the first to buy.
Now look how tough it is. New tokens launch and they barely rally and people are stuck holding the bag. A perfect example of this is ETHW or BLUR. They launched and people assumed it would be a 10x but instead it stalled and heading nowhere. Trading now is very difficult compared to 2020-2021.
Now look how tough it is. New tokens launch and they barely rally and people are stuck holding the bag. A perfect example of this is ETHW or BLUR. They launched and people assumed it would be a 10x but instead it stalled and heading nowhere. Trading now is very difficult compared to 2020-2021.
I don't think bad with your friend talk you about trading season for investing, many people or trader looks like hype when market on the highest price and was forget with potential back to lower price later. But little risk when talking to the other about trading or recommended them for investing in cryptocurrency.
Get positive feedback later if the people recommended earn profit but they will fault to us when getting loss, I think if your friend recommended about trading season is not right don't fault them and keep make little research by your self about when right time or moment for investing in Bitcoin without facing bigger risk.
Get positive feedback later if the people recommended earn profit but they will fault to us when getting loss, I think if your friend recommended about trading season is not right don't fault them and keep make little research by your self about when right time or moment for investing in Bitcoin without facing bigger risk.
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?
Luck may be another factor, but you cannot take your trading too seriously.what I believe, is trading is the result of your skill and experience. while luck lies in our inability to predict the market. the case may be different for futures trading. some people think of it as trading with gambling in it. but apart from that, quite a lot of people like futures trading.
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 is a number of reasons why your friend told this that there is a season when you can make more profit as compared to other times when the volatility is low and their is a choppy price action.
Broader level there is a bull season and the bear season and usually people make more money in a bull season as compared to the bear season. More money is injected in the cryptospace during the bull season and people make more money at that time.
However due to the future trading , people also short the bitcoin and altcoins and still make money even if the prices getting dump.
The important thing is that you should have a knowledge and experience in the cryptospace and you will be able to make money.
There aren't seasons but bullish and bearish cycles that come and go. Bullish cycle is when the market keeps going up only with some retracement in place, whereas bearish cycle means long term correction of the bullish market and even more where you will see big crashes be it slow or fast, it depends on how long it takes to bring down the market. However, it has been observed always that bullish cycle does not run for a long time while bearish cycle is never short in period.
Like 50% true that in trading, you don't know if the season is going to be in favor of you. And that's why if you make a profit, there's some people that would say that you're lucky you've made a profit and some traders would agree with that because they don't even know what just happened.
While for the 50%, it's pure skill and analysis that they've made and the anticipation on what will happen next based on the readings of the chart is there. Plus the experience on how they've made a lot of mistakes trading before helped them to hit the numbers.
While for the 50%, it's pure skill and analysis that they've made and the anticipation on what will happen next based on the readings of the chart is there. Plus the experience on how they've made a lot of mistakes trading before helped them to hit the numbers.
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's no such thing about lucky days because trading does really need up that strategy and analysis which is something that you do mainly need and not on relying on luck.Seasons? There's no such thing because anytime you could dive in into the market unless if you do make yourself that seeing whether you would be trading up on bullish or bearish trends, its up to you.Some do wait up for some trending market for them to place out their buy or sell orders and there are some who do stop when the market is on ranging or moving sideways because it is understandable that you cant make money much
when the market doesnt really give out much movement.
The person has no better way to explain it to you because it is simply the way the market works. You can't tell when you'll make a profit or when you'll lose money. However, the market is frequently bearish, with bullish periods occurring only infrequently. The time to make that profit is referred to as the lucky time; it does not occur only once, but one cannot predict when it will occur. Even a speculator or a bitcoin analyst is unaware of this, so you can't completely trust their market information.
Trading has limited dependent on the price of Bitcoin most especially in future trading where the short-term price speculation has nothing to contribute to the outcome of the rewards on the trade, just as we have mentioned before, ops may have hard misconceptions of the team. -But ultimately there is nothing like the trading season for a skilled trader unless someone who just trades with the price volatility and that is no different from just a holder who just wants to take manual leverage from the market at any time.
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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?
First, the person that told you that there are seasons when you profit from crypto trading is also not an expert trader because every market season is for profit but comes with a different strategy. Although it is normal for loss to happen at some point, however, the loss shouldn't be more than the profit.Having said that, the season the person was talking about was a bullish season where every expert and naive crypto trader make a profit easily.
The person has no better way to explain it to you because it is simply the way the market works. You can't tell when you'll make a profit or when you'll lose money. However, the market is frequently bearish, with bullish periods occurring only infrequently. The time to make that profit is referred to as the lucky time; it does not occur only once, but one cannot predict when it will occur. Even a speculator or a bitcoin analyst is unaware of this, so you can't completely trust their market information.
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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?
As I understand the man meant by season is a bullish trend/market. So if you stay in the crypto trading field you can understand this. For example, after a long silence, bitcoin goes up 20-30%, which means there is a big chance that other cryptos also follow bitcoin and try to grow up. In this period if you can catch some potential coin like ETH and another high-ranked crypto, you could be a winner. But you must have to pick it up at the right time.
On the other sometimes we see the market just grow up. Don't follow any news, don't follow any analytics just grow up. For example, we have seen it during 2017-2018. This generally comes after a few years. And tbh the more days are going it's very hard to get a bullish market like past. So it's very hard to identify the season.
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?
Maybe the meaning of the profit season is when the market is under and then reversing the direction like this (or maybe not yet?). When the price of coins can increase little by little, the profit season arrives; at that time, we can start to benefit from trading many potential coins. But this season is not always shown by the market conditions that turn around because even though the current market conditions can begin to increase, we still often encounter the price of coins, and sometimes the correction can be too deep. Before starting trading, you must first analyze whether the current trend is time to decline or has begun to increase so that you can benefit.For example, I came up with this dope-ass idea to buy a fat stack of a new coinn with fire tech that nobody was payin attention to 'cause it wasnt in the top 100. I held that bad boy for months, and when it got listed on a top exchange, the price went straight to the moon, and I made mad profit. It wasnt nothin I learned from a book or a seminar, just a uniqe and creativee idea that hit me outta nowhere. So, my advice to all my fellow traders is to get creative, learn from yur losses, and have funn with it. Tradin aint just a science, it's an art that requires a mix of skill, creativity, and straight-up luck.
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?
Maybe the meaning of the profit season is when the market is under and then reversing the direction like this (or maybe not yet?). When the price of coins can increase little by little, the profit season arrives; at that time, we can start to benefit from trading many potential coins. But this season is not always shown by the market conditions that turn around because even though the current market conditions can begin to increase, we still often encounter the price of coins, and sometimes the correction can be too deep. Before starting trading, you must first analyze whether the current trend is time to decline or has begun to increase so that you can benefit. 
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?
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.
Base on my understanding, anytime you can be profitable and you aren't. Today you might doubled your money and the next day you might lose it all. Maybe your friend is thinking that season = lucky days, but both can't be connected, and he can just say that "you have times where you will be lucky and times where you aren't". Why using the word season?
You're a professional trader? You earn money in trading. You're a good trader? You might earn in trading. You aren't good in trading? You will lose all of your money. No seasons whatsoever.
Maybe his friend is only just a newbie with it and he blindly trades while for those who are already a pro at it. They can always make a profit no matter what is the status of the market is. If his friend only says that there is a season in the crypto market or in investing then that would be more valid because there are actually and that is none other than the bears and bulls season.
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?
You can make money anyday by trading but its possible when you buy and sell at the right time that is the reason its close to impossible to be consistent as day trader with their success rate.And if you say bull season is the best season for trading then its wrong cause keep holding itself will bring the appreciation for your bitcoin then why do you have to put extra effort to buy and sell at that time?
Season? What does he mean seasons? Like Winter season or Summer season like that?
Seasons for bull, bear market. Sometimes people use the term Crypto Winter to say about a long bear market.Quote
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.
I don't know any season for Trading.Quote
Base on my understanding, anytime you can be profitable and you aren't. Today you might doubled your money and the next day you might lose it all. Maybe your friend is thinking that season = lucky days, but both can't be connected, and he can just say that "you have times where you will be lucky and times where you aren't". Why using the word season?
You're a professional trader? You earn money in trading. You're a good trader? You might earn in trading. You aren't good in trading? You will lose all of your money. No seasons whatsoever.
A professional trader can trade daily because it is his job. It is not his game or gamble and he is good to to trade, get profit and can protect his capital well.You're a professional trader? You earn money in trading. You're a good trader? You might earn in trading. You aren't good in trading? You will lose all of your money. No seasons whatsoever.
An amateur trader or worse a gambling trader, will think he is a genius by earning big profit in a 'Trading season' when all are green but he will lose it quickly when all are red. No trading season and I'd like to say it as gambling trading season. With such gambling trading season, there are more trading volume, more gambling traders actively buy and sell on the market but trade, they don't trade, just gamble.
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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?
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.
Base on my understanding, anytime you can be profitable and you aren't. Today you might doubled your money and the next day you might lose it all. Maybe your friend is thinking that season = lucky days, but both can't be connected, and he can just say that "you have times where you will be lucky and times where you aren't". Why using the word season?
You're a professional trader? You earn money in trading. You're a good trader? You might earn in trading. You aren't good in trading? You will lose all of your money. No seasons whatsoever.
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