TREND is our Friend - page 5. | Bitcointalksearch.org

joshy23

sr. member

Activity: 1078

Merit: 256

Quote from: Jating on February 16, 2019, 11:50:21 PM

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.

If you have the right tools and you are taking advantage of it, the trend will be the basis how we react and take every opportunity, maybe for some
people who don't understand they are frustrated because the bear extend while hoping for the bull to be more stronger, but those who can see the
benefits and know how to take the risk, both are profitable when you can take into a right timing.

Thanasis

hero member

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

According to Alexander Elder, "Our goal is to trade well, not to trade often."

But many people failed in it,they are just in a hurry of doing many trades as much as they possible so they can't make much strategy going and losing their money with the flow,but as a smart trader they need to assist the condition and decide what is best on the spot.

Jating

hero member

Activity: 2842

Merit: 772

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.

manggis97

member

Activity: 476

Merit: 10

That right, trend is our friends so we have to follow it to getting success in trading. By understanding and follow the trend we will know when decide to buy and sell, in bullis trend we can trade in spot market but if the trend changed to bearish we should be short the price in leverage trading.

farosa

full member

Activity: 506

Merit: 101

1 & 0 😏

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.

HODL2090

member

Activity: 210

Merit: 29

Shorting a currency is a popular way of making profits from drops in prices. This requires expert speculating as you are selling at the top and buying back when it hits the bottom. Regular trading during bearish markets also requires skills.

Koro-Sensei

full member

Activity: 658

Merit: 103

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.

XZERO1

member

Activity: 504

Merit: 33

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...

cryptotrader2015

newbie

Activity: 407

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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."

Topic: TREND is our Friend - page 5. (Read 711 times)