Topic: TREND is our Friend - page 2. (Read 711 times)
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 .
Lol. You make it sound too easy. But I bet even you could not execute what you just said. You can't always just follow the trend line. If people could actually do that, then most of the people would actually be rich by now. The trend itself is quite unpredictable. You might see the bullish trend going on and all of a sudden the tides might change and will end up suffering huge loss.
He couldn't because recognizing the trend isn't always easy. What is the trend now? We had 3 consecutive pumps of Bitcoin price and every time people were saying it's a bart simpson pattern and it's going to get dumped next week. 2 weeks later we are still going up. Trend is your friend but what is the trend?
This might've been suggested before in this thread, but if you're doing things like TA or observing trends, things usually work out much nicer on a longer timeframe (4Hrs +) compared to a shorter timeframe (1m, 5m, etc) on charts. I used to conduct TA and analyze things at much shorter timeframes when I started out trading and I was much less successful than when I began to analyze things on 4H and 1D charts. Many people get tunnelvisioned easily (myself included), but sometimes you just have to zoom out.
Lol. You make it sound too easy. But I bet even you could not execute what you just said. You can't always just follow the trend line. If people could actually do that, then most of the people would actually be rich by now. The trend itself is quite unpredictable. You might see the bullish trend going on and all of a sudden the tides might change and will end up suffering huge loss.
the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days. the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days. 
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."
Then why people like Warren Buffet advice you to trade against the trends?
Trends are the best friend of all the unexperienced traders,who are just following it like sheep,while the best traders don't follow any trends.They follow their strategy.
They can make money in the market by trading and no one would tell the right strategy to be profitable when it will affect their profitability also.
Strategy is very important but it varies from time to time, you either go with th trend or fade it and that requires timing.
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."
Then why people like Warren Buffet advice you to trade against the trends?
Trends are the best friend of all the unexperienced traders,who are just following it like sheep,while the best traders don't follow any trends.They follow their strategy.
So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.
week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping
Trend varies from a day to week to month etc. When looking for a trend we should analysis hourly, daily and weekly trend and apply certain formulas on it which can give you much better idea of the next move of bitcoin or altcoins. However, you should remember that crypto does not completely move with respect to trend as sometimes it is manipulated by whales and also news have a big factor in determining the future price predictions of the coins.
So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.
week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping
It can even be longer than that dude. And some trends aren't following historic movements anymore. But it's always something that traders can look into for ta's. Makes setting positions a little bit easier.
So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.
week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping
So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.
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."
My point exactly, you don't need a bull run to make profit in crypto, the market price go up and down all of the time, imagine you bought 1 btc at 3500, the next minute it becomes $3600, you dump knowing that the price will drop down in a bit so you can make purchase average.We've seen some successful early adopters therefore we also want crypto to change our life and the reason why we are holding and risking our money here.
the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days. Its good if we can encourage new investors to inter in the world of crypto currencies. I think that in current time market need so much support by attracting more and more new investors which can give a good support to the market.
It's way easier to profit from trading if you are in a bull market, but yeah it's true that still you can make money in a bear market, but the problem with bear markets is low market cap and lower volatility , I remember the time that bitcoin had a 500-800 usd change every couple days at the very least and look at the chart now, btc is stuck in 3.5k range for quite a while now...
That is not true, traders love bear markets because the price moves even faster so the opportunities to make profits when the market is crashing are very high, just look at all the time it took for the bull market to develop, it took us a full year for bitcoin to reach the price of 20000 but when the price went down it did it at an amazing speed, if you were shorting the market at that point you could have earned a fortune, but for many people it is difficult to think in that way. 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. 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."
sure, trading is not the same as holding.
holding is too simple.
trading takes more nerves =)
there are several rules which will make your trading successfull:
1. create a trading plan
how much are you planning to gain for a certain period of time
what instrument to trade
2. ready to face losses
and set a certain level of loss which you are ready to face while trading
3. analyze the market, use technical analysis (support&resistance levels, ichimoku, etc)
and read analytical reports - at least 3 sources
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."
My point exactly, you don't need a bull run to make profit in crypto, the market price go up and down all of the time, imagine you bought 1 btc at 3500, the next minute it becomes $3600, you dump knowing that the price will drop down in a bit so you can make purchase average. 
For beginner trader is difficult to predict the trend, but i suggest is better to trade in crypto market by looking in to historycal the price of old coin like BTC, LTC, XRP, DASH. So by to see it we can predict the next trend. Since crypto market born, there are always bullish and bearish changed. So for now after long bearish, we can predict the next trend is bullish so its times to buy some.coin that has strong fundamental.
the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
No matter what the trends are, if those newbies are not working well they will still lose. Its easy to understand the trend, it can help a lot of trader but you must know the action on what’s next after knowing the trend, whether you sell or buy more. Treat the trend as your guide and not as a threat. 
Always apply the buying low and selling high.
You can't just say easily to apply buy low sell high in trades. It's easier said than done. You can't just determined that a certain price is the buying rate or selling rate. Plus the factor also that different coins have different price behaviour. What people should do is to have a regular checking of a certain's coin volume in order to have a wild analyzation that a certain price "can be consider" as buying or selling rate.
Patience does matter. Building trading experienced is the key.
Jump to: