TREND is our Friend | Bitcointalksearch.org

kakonhat

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Crypto in my Blood

Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

No one can refuse this sentence that Trend is the friend of trading. But we should know the perfect trend by learning to trade. Many traders are trading for short-term and that's why they have been mistaking to identify the real trend.
We need to find out the real trend in a long time frame to avoid a fake trend.

dark08

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Quote from: emmybd on March 12, 2019, 04:16:22 AM

You can definitely make a decent amount of profits, if you can catch the trend. You have to spend a lot of time watching the market then you can catch the trend. Timing is very important in such situation.

Technical analysis is one of important to learn in trading industry it can give you idea when the best time to enter in the market, but it not easy to do this because not all technical analysis are accurate do this at your own risk. The good thing to make trend friend to you is to learn it carefully honestly Im not a pro trader but I can make profit even in bearish trend.

perla

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If that people can take advantage from trend that will come, or maybe can predict about it. That person can be best friend with trend because he can take profit from any trend that come to market.

emmybd

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You can definitely make a decent amount of profits, if you can catch the trend. You have to spend a lot of time watching the market then you can catch the trend. Timing is very important in such situation.

sujonali1819

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Yes trend is a very essential things in trading. Who can got trend he can earn profit always even in bear market which is said by OP. Always we should understand trend for better trade.
Sometimes we need to follow btc trend and sometime Alt coins trend. Sometime Alt follow btc uptrend and sometime Alt coins works again Btc trend that means btc pump Alt dump. So by one speech that trend is a part and parcel of trading .

virasog

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Quote from: gabmen on March 11, 2019, 12:09:13 PM

Quote from: cydrix on March 11, 2019, 07:25:00 AM

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

Yup! Some of these trends can be manipulated by big players to have gullible small ones jump in only to get stuck when these biggies decide to let go. That's why information is very important. Don't just rely on what's currently happening and what's making the market move.

Trend is good indicator of bitcoin price prediction but we should know that trends are likely to repeat but there is no surety. It may go other way round too.
If you are a trader and you are following the trends, you should always be ready for some manipulation which can be from the whales. As whales always take a move for their own benefit, which the market is not expecting.

akram143

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Going with the flow of trend happening in today situation will be the best for every investor because anyone who is adopting fees for the current situation will be the winner and he can be the person to make the money so the trend is always changing in a lots of time so we need to adapt yourself for the trend.

gabbie2010

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Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

You had made valid point here as regards trend trading I am also a trader who had mastered how to identify trend in TA mostly using higher high, higher low, lower high and lower low HH,HL,LL and LH with and MOVING AVERAGE indicator this had been very helpful because its very advisable to trade along with trend irrespective of whether the market is bullish or bearish however one of the greatest mistake of some traders is countertrading i.e trading against the trend which is very counterproductive and had burnt or vipe off a lot of accounts,
However getting to identify trends requires a lot of training and practice but with dedication and hardwork such knowledge wouldn't take long to be achieved.

Oceat

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Quote from: gabmen on March 11, 2019, 12:09:13 PM

Quote from: cydrix on March 11, 2019, 07:25:00 AM

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

Yup! Some of these trends can be manipulated by big players to have gullible small ones jump in only to get stuck when these biggies decide to let go. That's why information is very important. Don't just rely on what's currently happening and what's making the market move.

It is always happening everywhere, the news is the number one source that can manipulate everything even in the slightest event. That's why if we have to trade we have to look at the recent news and look for the authenticity of it because sometimes news is the one also who can change the real story.

gabmen

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Quote from: cydrix on March 11, 2019, 07:25:00 AM

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

Yup! Some of these trends can be manipulated by big players to have gullible small ones jump in only to get stuck when these biggies decide to let go. That's why information is very important. Don't just rely on what's currently happening and what's making the market move.

cydrix

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Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

faceoff97

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Quote from: Oceat on February 17, 2019, 02:37:21 PM

Quote from: creeps on February 17, 2019, 08:55:23 AM

Quote from: farosa on February 16, 2019, 01:15:57 PM

Perhaps, the real trader can make profit in any case. But, in the uncertain situation, is not it a bit difficult? In my opinion moving in right time can make you better trader. Otherwise loss is inevitable.

Its difficult to timing the market, we can always make money but the risk is always getting higher as the market keeps on dumping. Whether its uptrend or downtrend, you have to take it seriously and trade with your strategies, always have a good back-up plan is something went wrong don’t lose confidence easily.

It's just getting more harder to trade because the market is so unstable while we are still in bearish trend. If you manage to get some profit in this bearish market just continue what you are doing so that you will get back your losses. Trading may cost too much if you don't know what you are doing in a certain situation.

I've lose good amount of money since I started joining in crypto, I'm still decided to hold and wait until the price recovered. Instead of getting discouraged of the current trend, I prefer to take it as an opportunity to accumulate greater volume. I'm decided to hold in long term, I make sure that all my invest is well secured in my open source multiwallet wallet called Bitcoin. The is the wisest thing to to while price is really low.

ityandsyn

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Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

In trading business , trending of the graph is most important to understand so that you have a reference for you to make a decision on when to sell and when to buy your coin and what coin were going to hold for long term.

nasipadang

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Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

It's easy to say, buying cheap sell expensive isn't as easy as you say. a bullish market for traders can give a big profit because the trend that you think is a friend always shows an increase, then regarding the bearish market here for holding is the right time for them to buy but for traders is panic and most likely profit failure. indeed what you say is true where the bearish market can generate profits, it's just that it's less likely especially for beginner traders who have minimal analysis or prediction.

GreatOrchid

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Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Reading this, I'm sure you are a short term daily trader. You are not wrong but we can't make that good profits in the way you are saying. We can usually trade with a number of altcoins by understanding them and we can have upcoming profits according to our research.

I don't agree with this

Quote

Trading is far different from holding

Trading in-the-sense means doing any kind of trades with the asset. Holding can also be called as "Long-term Trading"

If you have good market knowledge and a ability to make deep research than no one can stop you from having profits into trading.

airdagon

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For short-term trading, I prefer to fight the trend because when the trend drops, it is almost certain that there will be a reversal that will occur, and that is our chance to make a profit.

emberbekas

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As long as the trend is still running in two directions, up and down, of course crypto will still exist and traders can still get a chance to make a profit. As long as we can take advantage of existing trends, of course our trading activities will run longer. Down trend is the time to enter into the market while up trend is the good time to exit the session.

richardeames

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Quote from: cryptotrader2015 on February 16, 2019, 10:18:33 AM

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Good.Here's an effective strategy but not somethimes not simple in implementation : in bear market= actively selling in every upticks and wait for retracements to repeat selling. In bull market = just hodl

Reid

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Quote from: jakezyrus on February 23, 2019, 07:14:06 PM

Trend ? What kind of trend ? There are two types of trend afaik . one is bear trend and the other is bull trend , both trend do have their pros and cons .

For workers like me , i like the bull trend the most because this is the only way i can earn better profits .

For the invester and traders they like the bear trend because they oftenly buy coins and they want a bang of their bucks .

You are a trader as you said so you will need them both and not just one.
The bullish run is for selling part and the bearish is where you will buy again.

You cannot just keep on selling since you need to gain them again. It is not jusst a one time profit in trading. Where will you get the next profit if you aint buying anymore?

As I said we need them both. Investors are the ones who needs only the bullish trend after they bought a certain token. After they sell it they will find a new token to invest to.

Webberson

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Market analysis is key when it comes to trading. Most people certainly thinks the only time to make profit is when the market is up. For me, in trading, every time is supposed to be seen as an opportunity, be it in it's bullish or bearish state.
The trend being your friend in trading has been a term used overtime, which has aided traders towards making successive trades.

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