Topic: TREND is our Friend - page 4. (Read 733 times)
Exactly, the line that presents less resistance is the one that we must always follow, it is logical, and that is to understand the market, for that we must take into account the Supply-Demand, and one of the things that helps us is the volume.
Yeah, that is what I have been saying for months now. If you follow the price of bitcoin you will see that when it goes up it goes up to a certain point and when it goes down it goes down to a certain point. Think of it like in blocks and when it breaks one block it goes all the way to the next block. That is why when you have both sell orders and buy orders and stop loss all set for you, you will realize that you would be doing automatic trading based on the trends of bitcoin prices.
For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.
For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.
Its true that for traders that we can make profit in any market condition, the trend and the sideways could be the way to make money, it doesn't need to be on bull run to make money, for investors and holders they need bull market but for trader, they need timing, news and trend
Yes thank you for that additional opinion.
Of course trend could be our friend if we know how to used them to our advantage. Others like to fight trend and still believed that we can get over this bear market overnight, but they're wrong and I'm sure they have lost so much money now because they don't want to admit and chooses to go against the flow.
But even in a bear market, we can make money by shorting or day trading, might be difficult but it's possible to book profits today and let the trend help you that.
But even in a bear market, we can make money by shorting or day trading, might be difficult but it's possible to book profits today and let the trend help you that.
Thank you for the additional & clear information about it.
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.
Absolutely yes loss is inevitable that is why it needs more practice to become successful trader.
It isn't always the case every situation differs from every person. One big factor in trading is that we can't always get rid of those emotions when trading but it isn't that bad. Sometimes it also has good sides like avoiding great risks where you could potentially lose all your money but still saved it by losing some of it. I know it doesn't pay off but the experience you gain from it are priceless. I think it doesn't matter if it's trend or not it depends on the situation as to how can you manage it further.
Yes emotion and being greedy are the most common reason of failure in trading.
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."
that is the concept of trading, buy low sell high compare to the buying price, we should not aim for a high percentage of income in trading, as long as we can earn everyday then it is enough to fulfill the personal satisfaction in this bear market.
Yes I agree with you. We need to set target amount or percentage that we want to earn. Sometime greediness is the reason of failure in trading. Everyday is an opportunity to earn from up and down of the trend of the market.
Its true that for traders that we can make profit in any market condition, the trend and the sideways could be the way to make money, it doesn't need to be on bull run to make money, for investors and holders they need bull market but for trader, they need timing, news and trend
Yes thank you and you got my point.
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."
that is the concept of trading, buy low sell high compare to the buying price, we should not aim for a high percentage of income in trading, as long as we can earn everyday then it is enough to fulfill the personal satisfaction in this bear market.
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."
Those that are anticipating for bull run are those people that buy bitcoin at a very high price and they need to recover their fun. Trend is our friend when we are in speculatives market and not investments. Cryptocurrencies market will do well if it is in bull run. 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."
definitely it will be success in the future the trend will happened soon and there waiting cryptocurrency investors definitely get their profits at very quick time in the end of this year. 
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 way easier to profit from trading if you are in a bull market...
Not exactly what it is. I think profit are made in bears just as in bulls but according to what OP's position is, if you spot the trend, you just forget about losing because it must always go in the way of the trend. This my view though.
It's way easier to profit from trading if you are in a bull market...
Not exactly what it is. I think profit are made in bears just as in bulls but according to what OP's position is, if you spot the trend, you just forget about losing because it must always go in the way of the trend. This my view though.
Its true that for traders that we can make profit in any market condition, the trend and the sideways could be the way to make money, it doesn't need to be on bull run to make money, for investors and holders they need bull market but for trader, they need timing, news and trend
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."
Recently you should act like a majority to gain earnings. For example, think about BTT and ONG. BTT provided 10x profit through the team and product, but indeed it was not worth to the current price. ONG's price increased from 0.3 to 1.8 due to Binance notifications. It leaves a question that how this related to ability. Actually, just follow the community. A lot of people have been saying the same thing, buy low sell high blablabla, but the truth is, nobody knows which low or which high we should buy. Instead of stating the obvious we should learn how to determine which time we enter or exit the market. There are several project out there who outperform the trend such as QUANT, CHX or LTO. All of them has a strong fundamental and hype, which denies the bear market trend. So instead of following the trend, you can also look for potential projects and that can give you at least 3x return if you time it right.
Good Point +1
Buying low and selling high is easy thing to say but most of the time traders get confused in which price the should buy when the price is getting down. People worry of buying and selling it not in the right time.
Talking about potential project (ICO) it is also hard to choose, although you are very sure that the project has great potention but it may not go as expected. As trader and investor, the first thing to do is "ready to lose".
A lot of people have been saying the same thing, buy low sell high blablabla, but the truth is, nobody knows which low or which high we should buy. Instead of stating the obvious we should learn how to determine which time we enter or exit the market. There are several project out there who outperform the trend such as QUANT, CHX or LTO. All of them has a strong fundamental and hype, which denies the bear market trend. So instead of following the trend, you can also look for potential projects and that can give you at least 3x return if you time it right.
Seems that you have a good knowledge in trading. May I ask if you are a margin trader? A swing trader or an altcoin trader? If we have a great trading signals like you do, then it is beneficial and profitable to some of us who wish to gain profits even in a downtrend market. And you were right, a good timing of entry or exit in buying and selling helps a lot.
Don't believe the trading signals mostly that makes you fail. Learn trading directly from the trader whoever been actively working on day trading. Next to that you may believe the trading community to get the last time picking on your trading pairs.
About trend I always love to be in the bull run time. It make the complete crypto users be in enthusiasm and all makes the profit by the time. Let's hope next bump is in near future.
Seems that you have a good knowledge in trading. May I ask if you are a margin trader? A swing trader or an altcoin trader? If we have a great trading signals like you do, then it is beneficial and profitable to some of us who wish to gain profits even in a downtrend market. And you were right, a good timing of entry or exit in buying and selling helps a lot.
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