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Topic: Trading skills and strategies (Read 754 times)

jr. member
Activity: 378
Merit: 1
August 25, 2021, 10:28:30 AM
#84
Trading skill and strategy is a very important courses. many people like this reading skill and strategies .you can learn how to buy law and sell. high and make profit and that does not relate to  the in encryption you mention. the process in trading can be select the coin such as Bitcoin ethereum bnb for other coins. I think you should focus first one what kind of trade are you are going to be so you should know what strategies you are going to use.
newbie
Activity: 6
Merit: 0
August 25, 2021, 06:31:50 AM
#83
Having some experience, each one already develops and finds its own strategy, with which it is convenient and comfortable to trade, and you can always try to test it on a demo account Amarkets, and it is quite convenient.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
August 20, 2021, 11:48:07 AM
#82
I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials
Honestly I have also learnt  a lot from YouTube and it's all about investing the time to learn  new trading skills from there, and the advantage of knowing how to trade is you won't be restricted to only crypto but currencies and everything tradeable.

I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.
This encrypted trading share more information about it but best strategy I have got to know is ICT trading or smart money trading if you like.
hero member
Activity: 2982
Merit: 610
August 20, 2021, 11:12:39 AM
#81
if i understand correctly you want a process that will cut your time learning ?
i dont think theres any legit but there are fake and will guide you like this and that but all they want for you is to fall and worst is they will only take your money .
what your doing is already correct , your researching in your own and you think your doing great . you just need extra patience
NO, we can't any shortcuts when it comes to learning about trading as it takes a while. And those who want shortcuts and easy ways of making money have no surprise that they will end up short due to suffering losses.

I know we all wanted to become rich but bear in mind that there is no such way to bypass and these people who come and talk that they help us, it was just like a joke and why not help themselves first before offering to others if they know already? It was obviously a scam trick and we don't need to fall ourselves to them.
full member
Activity: 1638
Merit: 122
August 20, 2021, 10:55:13 AM
#80
if i understand correctly you want a process that will cut your time learning ?
i dont think theres any legit but there are fake and will guide you like this and that but all they want for you is to fall and worst is they will only take your money .
what your doing is already correct , your researching in your own and you think your doing great . you just need extra patience
jr. member
Activity: 111
Merit: 1
August 20, 2021, 10:48:56 AM
#79
The trading community has always provided you great benefits but if you have some own guts and you know about the trading and the important thing that you should know how to analyze the coins which are very important in trading. But I have seen people who didn't know about trading but can get profit because of having a great fortune.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
August 18, 2021, 01:48:33 PM
#78
As a beginner you should learn some trading skills as it is very necessary for trading, without these strategies you don't be able to trade and you will be in loss. For which there are a lot of tutorials on youtube and any other sites on the internet. But more importantly in trading patience is very necessary.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 18, 2021, 12:31:02 AM
#77
There were even some chaos created after the whole "bitconnect" thing that many many many youtubers got money from them, and they scammed people and stole money, and all those youtubers deleted their videos. Basically all of these people end up doing this because they want money, and youtubers could make a ton of money from one video.
I remember how much of a hype BCC was at one time and many of the forum members and  outside this forum users took part in it. A large group was from PH and I would interact with them through chatrooms and so. Tried to explain it to them but they would not listen and they are rooted to the fact that the site was legit. We all know what happened after that.

It's hard to believe in such quick earnings. Although anything can be
Honestly speaking, what are the chances you can win a lottery or be able to buy a shitcoin that will rise very high in price? Very low. So would you rather look for the needle in the haystack or work on developing your own trading skills in order to make money?
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
August 13, 2021, 11:30:09 AM
#76
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Doing the youtube tutorials alone won't do. It is like learning how to program by just watching crash courses out there. You need to exactly do something and your mistakes will determine on how much you learn. Not sure what you mean by encrypted sites and encrypted indicators though, surely all those indicators like Bollinger Band and RSI would be enough for you to learn the ropes already in trading.
everyone will be different to use a combination of indicators, but we should not use too many indicators, because sometimes indicators do not work in sync, and this will eventually confuse us to take action. I think using 2 indicators is enough, as long as we know the performance of those indicators and learn the discipline to obey the rules of these indicators which we can learn beforehand
sr. member
Activity: 1610
Merit: 264
August 13, 2021, 03:27:30 AM
#75
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Doing the youtube tutorials alone won't do. It is like learning how to program by just watching crash courses out there. You need to exactly do something and your mistakes will determine on how much you learn. Not sure what you mean by encrypted sites and encrypted indicators though, surely all those indicators like Bollinger Band and RSI would be enough for you to learn the ropes already in trading.
full member
Activity: 1358
Merit: 104
August 13, 2021, 03:10:05 AM
#74
Now you can easily learn how to start good trading from youtube and article books. Also You can learn from your relatable person who knows about trading. So you can find many education post and best strategic. I suggest you,when you start trading then you choose valuable coin and small deposit for first trading.
newbie
Activity: 9
Merit: 0
August 13, 2021, 12:48:54 AM
#73
It's hard to believe in such quick earnings. Although anything can be
legendary
Activity: 2660
Merit: 1074
August 12, 2021, 01:54:14 PM
#72
many times we must trust our intuition, although sometimes there are scenarios in trading that are difficult to understand, however in my case I wanted to go further, I started reading books thanks to a friend who is a YouTuber, him He recommended reading authors such as Wyckoff, Livermore, Burton, Buffet, among others, the idea is that you have an idea of how the market moves, of how to analyze it in order to enter into technical analysis.

If we have knowledge backed by authors who were market speculators in the stock market, there are situations that are easy to recognize, at least we have a clearer idea of when to buy and sell, at what stage of the market we are, of course to Short term or scalping everything changes due to the enormous volatility of BTC, but in the same way, it will be illustrated a bit if it works.
Among other stuff those people usually focus on the fact that you should not only invest into something just because it looks profitable, but also find investments at where other people are not looking, find stuff that are boring and make your payday on those. There are so many people who would want to buy a tesla stock, however buying geico is not a flashy move, yet one that made warren buffet so much money. So, sometimes even the most boring options could be the most profitable ones.

I keep remembering that on bitcoin, buying bitcoin and holding it for 10 years could yield me 10x profit, or maybe 50x profit, and requires me to wait for a decade, whereas there are people who try to make that kind of money overnight, and that is the problem. I can't really believe what they are making, some of them make so much profit, but at the same time there are way too many that lose everything.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
August 12, 2021, 12:27:13 PM
#71
I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.
Viewing YouTube tutorials on trading is a good place to start learning, and you're already doing that. However, I don't understand the "encrypted" part of your post. Learn ardently all you can on YouTube with rapt attention, it will pay off eventually. Just give it some time. Don't be in a rush to hit a jackpot (this is sadly the mistake of many a noob trader). Whatever you learn on YouTube, try as much as you can to focus of Price Action movement and leading indicators of Support & Resistance, Pivot Points and Lines.

I need some help or direction in terms of process and strategy.
You can chat the YouTubers you follow their instructions on that. You can't be too sure those offering you trading advice and tips here are traders. A lot of us may not be into trading but hodling.
hero member
Activity: 1302
Merit: 503
August 12, 2021, 11:18:22 AM
#70
Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.
- Agree, strategy is a fishing gear and no one shares their gear with others because sometimes people will have this far-reaching anxiety that one day the people they teach and share equipment with will overtake them, even instead of reciprocating and being grateful, these people will shrink the environment and limit our monetization. Morality won't be that bad but worry is still anxiety, besides, strategy is the formation of encounters and failures, skills are also taught from such experiences, cannot be grouped into one book because of its diversity
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
August 12, 2021, 09:58:19 AM
#69
Trading skills and strategy always comes from yourself. You can have it by learning it by yourself. Yes, trading materials and youtube tutorial can help but it's better to experience first and learn from your own mistakes. As the day goes by while you do trading, for sure you will learn and can think the best strategy that you can be use in trading. Don't rely on others and don't always follow them, like the coins they trade because you just watch it in YT. Always DYOR in terms of coins to trade and don't worry if you lose sometimes, that is part of trading. There is no perfect trading, anyway.

You are right, many times we must trust our intuition, although sometimes there are scenarios in trading that are difficult to understand, however in my case I wanted to go further, I started reading books thanks to a friend who is a YouTuber, him He recommended reading authors such as Wyckoff, Livermore, Burton, Buffet, among others, the idea is that you have an idea of how the market moves, of how to analyze it in order to enter into technical analysis.

If we have knowledge backed by authors who were market speculators in the stock market, there are situations that are easy to recognize, at least we have a clearer idea of when to buy and sell, at what stage of the market we are, of course to Short term or scalping everything changes due to the enormous volatility of BTC, but in the same way, it will be illustrated a bit if it works.
sr. member
Activity: 1876
Merit: 318
August 11, 2021, 06:06:52 PM
#68
Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.
yeah, and the other thing is that the market is totally unpredictable and the trend keeps on changing which means that it is really our personal decision made the future of our trade, not the other person. That is why we stop relying on others but have to build our own ideas and strategies. We can do to follow other's ideas but it is never to think that it all comes in the same results. Like if this strategy it work for him, it is possible it never works on us, many events happens like that.

The most important thing in crypto trading, we really can't rely on other people to make decisions, because it only makes us lose money. As you said
we do have to have our own strategy when it comes to trading crypto, to be able to have a good strategy requires hard work from yourself. Because
good strategy requires practice and knowledge, if we don't have that, it's very difficult to find a good strategy. So if we want to become a successful
trader, learn a lot about the world of trading, then practice as much as possible in order to correct any mistakes that have been made. By doing all
that over time we can have our own strategy that we can really rely on to generate profits.
legendary
Activity: 2534
Merit: 1338
August 11, 2021, 05:43:05 PM
#67
keep trying, apply the learnings we've got, do ask if we never understand, and let someone that can be trusted guide us.
For that exact purpose, we are having open discussion here, right?
These days, you could get help on trading almost every related platform for free of cost as most such portals are encouraging our interactions. But, what is lagging on this scenario is, most beginners never keep trying. They keep their trading things with lesser priority; yeah most beginners keeps their social media activities at first in their agenda.

Developing trading skills and strategies are easier in this modern days and at the same time competition on trading environment also has become too complex as more people are participating. Hence, keep trying with dedication alone will help a beginner to have profitable trading experiences.


It is true that thanks to the Internet the available information for newbies is huge unlike what happened decades ago in which the information was harder to come by, however this by itself is a problem, after all it is not rare to find contradictory information on the Internet about people that say that you should do something and someone else that says the opposite, so this can be very confusing for a newbie as they do not really know enough about trading in order to know which one of them is correct and this makes their learning experience even harder than what it should be.
hero member
Activity: 2940
Merit: 613
Winding down.
August 11, 2021, 05:37:24 PM
#66
Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.
yeah, and the other thing is that the market is totally unpredictable and the trend keeps on changing which means that it is really our personal decision made the future of our trade, not the other person. That is why we stop relying on others but have to build our own ideas and strategies. We can do to follow other's ideas but it is never to think that it all comes in the same results. Like if this strategy it work for him, it is possible it never works on us, many events happens like that.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 11, 2021, 04:34:18 PM
#65
Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.
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