Wait for the right set-up - page 2. | Bitcointalksearch.org

Mame89

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Quote from: uswa56 on June 29, 2024, 12:24:50 PM

Quote from: GeorgeJohn on June 22, 2024, 05:34:10 PM

this is one of the concept that make people to experience a huge loss in Trading because all their mindset is that trading is the only element or criteria for someone to make a profit in cryptocurrency not knowing that trading have a skill which you have to undergo before you can be able to be a successful Trader so from my theory I believe that a successful Trader is someone who has attempted different method of trading with a deep observation to know they strategic way loss in Trading, so therefore we have to at least have the scope trading before we going to eat that will help us to accelerate higher.

Without having the correct knowledge about trading, of course it will be very impossible to get good results from the trading you do. Of course, good knowledge and skills are needed to be able to generate profits from trading and studying first before deciding to trade is of course very important and I agree with you, those who have been successful in trading are of course those who have tried various trading strategies so that they find the right way and can make a profit from the trading they do and of course they have experienced failure in trading and continue to relearn about trading so that they have skills and experience that are useful when they trade and can make profits.

Yes that's right. Traders without knowledge will experience losses in trading, especially if they don't have management and patience. Basically trading is not as easy as turning the palm of your hand, a trader must understand trading objects, market values, and many other supporting instruments. Not only based on knowledge, we also have to study all other factors. As you said, many people are successful in trading, they have tried all strategies so that in the end they will choose the strategy that can achieve their goals.

But what is clear is that you don't need to trade every day. You can wait for the planned setup and then place a trade. There is no need to force a trade, the market will tell us when it is time to enter and make a profit.

uswa56

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Quote from: GeorgeJohn on June 22, 2024, 05:34:10 PM

this is one of the concept that make people to experience a huge loss in Trading because all their mindset is that trading is the only element or criteria for someone to make a profit in cryptocurrency not knowing that trading have a skill which you have to undergo before you can be able to be a successful Trader so from my theory I believe that a successful Trader is someone who has attempted different method of trading with a deep observation to know they strategic way loss in Trading, so therefore we have to at least have the scope trading before we going to eat that will help us to accelerate higher.

Without having the correct knowledge about trading, of course it will be very impossible to get good results from the trading you do. Of course, good knowledge and skills are needed to be able to generate profits from trading and studying first before deciding to trade is of course very important and I agree with you, those who have been successful in trading are of course those who have tried various trading strategies so that they find the right way and can make a profit from the trading they do and of course they have experienced failure in trading and continue to relearn about trading so that they have skills and experience that are useful when they trade and can make profits.

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Quote from: Barikui1 on March 29, 2024, 12:25:25 AM

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

this is one of the concept that make people to experience a huge loss in Trading because all their mindset is that trading is the only element or criteria for someone to make a profit in cryptocurrency not knowing that trading have a skill which you have to undergo before you can be able to be a successful Trader so from my theory I believe that a successful Trader is someone who has attempted different method of trading with a deep observation to know they strategic way loss in Trading, so therefore we have to at least have the scope trading before we going to eat that will help us to accelerate higher.

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Quote from: lixer on June 16, 2024, 12:25:41 PM

Quote from: Distinctin on June 08, 2024, 03:59:17 PM

Quote from: adpinbr on May 24, 2024, 08:51:22 PM

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.

100% guarantee? I don't think anything is going to give wherever we invest and want to earn I don't think there is anything where we are 100 percent sure that we have invested money and the money will come back double and trading is a matter of high risk, where only your wisdom and knowledge can benefit or harm you.

Even the most successful traders lose sometimes because this is the crypto market and some gain and some lose, some loss becomes another gain and no one knows what will happen in the future because I don't think there is an expert who knows exactly how high and low a coin will go. When we enter the trading market, we are first informed about the risks involved and how much learning this thing requires that we have to do before we start making our trades.

If you are someone who do have those kind of expectations then this is something that you should really be that trying out to get rid of with because it would really be just that bringing out that kind of disappointment on the moment that it wont really be able to hit up your expectations. This is why you should really be that sensible on the actions that you would really be gonna doing.
Wait for the right set-up? Of course you would really be needing to consider such thing if you do really tend to have a good entry nor that exiting on the market.
You cant really just that make yourself making out those kind of decisions without even thinking on how you would really be gonna doing it.

You cant just simply get in without analysis and considerations because it would really be just that liking that you've been playing gambling with the market.
Its not something the right approach even though this market is unpredictable but doesnt mean that you would really be needing up that gambler like kind of approach.

cute nmp

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Agreed a hundred percent ,One does not need to trade alot in other to become profitable having a few profitable trades its better than pilling up losses . Waiting for the right setup in trading is a key factor to every trader and its hard for anyone who misses out on it to become a successful one.

lixer

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Quote from: Distinctin on June 08, 2024, 03:59:17 PM

Quote from: adpinbr on May 24, 2024, 08:51:22 PM

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.

100% guarantee? I don't think anything is going to give wherever we invest and want to earn I don't think there is anything where we are 100 percent sure that we have invested money and the money will come back double and trading is a matter of high risk, where only your wisdom and knowledge can benefit or harm you.

Even the most successful traders lose sometimes because this is the crypto market and some gain and some lose, some loss becomes another gain and no one knows what will happen in the future because I don't think there is an expert who knows exactly how high and low a coin will go. When we enter the trading market, we are first informed about the risks involved and how much learning this thing requires that we have to do before we start making our trades.

Litzki1990

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The more we trade the more money we will make. If we have this idea then I will tell him that this idea is completely wrong. If we do multiple trades in wrong method at wrong time then still we can't profit from it because we trade in wrong method at wrong time. Trading is not like that, many times we see that even after we trade at the right time, the market has dumped a lot, but we can't sell our coins within a day. Because then we have to wait for something good and it turns out that good time comes after few days.

Patience is a very important factor in making money in trading. The market has temporarily dumped, no problem, you have to be patient and have faith in the market. If one can trust the market and wait till the good time arrives then surely it is possible to profit from trading.

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Quote from: fauzan Ichsan on June 13, 2024, 10:50:04 PM

Quote from: CageMabok on June 13, 2024, 09:14:54 AM

Quote from: jeraldskie11 on June 11, 2024, 10:31:09 AM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

That's a much more logical thought actually because not always waiting can be very meaningful and can be very profitable if the direction is trading. Certain settings in trading usually lead to assistance and comfort for the trader himself in the market he uses so that at any time a person can continue trading without having to wait for something uncertain except just waiting for the price to fall or increase at one time. Because analysis will still need to be present in every job we will do in order to be able to measure how wise the decisions we will make are.

For me, setup is very helpful, especially if we can't always see the market and lots of other activities outside the home. by analyzing it first and creating a framework, it will be easier for me to place trades, so often when I open the market the trading position is closed by itself because it is already the target, but sometimes it is the opposite, so that is the ups and downs of trading.

This also helps to practice your patience, if you aticipate how the market will move then you can simply place your position and like what you said it will close itself once it reached your position, though not all have that capailities and most of the time those anticipation failed or instead of doing single trade when your position get triggered you'll think that you fully know what will happen next, it's a situational decision making and more on how you practice your set up and hpw you execute your desire strategy.

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Quote from: Barikui1 on March 29, 2024, 12:25:25 AM

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

What do you mean by waiting for the right set-up OP? Because if we're going to talk about trading, if you know what you're going to do in trading, whether it's spot or futures trading, you don't have to wait for a set-up, right? Unless you are waiting for the current trend that you are facing to change,.

But if you know what you are doing and you also know that you have a wide knowledge of trading, for sure you will not wait for what you say is the right setup in trading. If you know the right setup, you can do it anytime, whether there is an there is an uptrend or a downtrend.

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Quote from: CageMabok on June 13, 2024, 09:14:54 AM

Quote from: jeraldskie11 on June 11, 2024, 10:31:09 AM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

That's a much more logical thought actually because not always waiting can be very meaningful and can be very profitable if the direction is trading. Certain settings in trading usually lead to assistance and comfort for the trader himself in the market he uses so that at any time a person can continue trading without having to wait for something uncertain except just waiting for the price to fall or increase at one time. Because analysis will still need to be present in every job we will do in order to be able to measure how wise the decisions we will make are.

For me, setup is very helpful, especially if we can't always see the market and lots of other activities outside the home. by analyzing it first and creating a framework, it will be easier for me to place trades, so often when I open the market the trading position is closed by itself because it is already the target, but sometimes it is the opposite, so that is the ups and downs of trading.

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Quote from: jeraldskie11 on June 11, 2024, 10:31:09 AM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

That's a much more logical thought actually because not always waiting can be very meaningful and can be very profitable if the direction is trading. Certain settings in trading usually lead to assistance and comfort for the trader himself in the market he uses so that at any time a person can continue trading without having to wait for something uncertain except just waiting for the price to fall or increase at one time. Because analysis will still need to be present in every job we will do in order to be able to measure how wise the decisions we will make are.

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Quote from: Barikui1 on March 29, 2024, 12:25:25 AM

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

Every trader want to earn with their trades so it's part of the preparation to create a plan with your trades, making an analysis with the market graph, current price movement, and the signals given by the indicators gives you an heads up if you will make a position or not. This can be very still because possible the price might change immediately due to different circumstances again the market of crypto is volatile so expect there's instant changes not according to your plan now it's all up to you how you will handle those kind of situations.

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Quote from: Essential10 on June 12, 2024, 07:19:33 AM

You'll lose and win by trading, but you'll never get 100% success in one consistency. There is always risk in trading and no trader can guarantee success every time. Consistent success in trading requires skill, knowledge and experience, as well as the ability to adapt to changing market conditions. There are very few people with such experience who are consistently successful in trading. The most caught in trading are those who succeed in 5-6 consecutive trades and trade greedily in the hope of winning more and they lose their capital. There must be an accurate planning for trading, so that you can control yourself.

People who realize this could consider it as a good thing, I feel like we are not really looking at it any differently. We should consider how to do this better and if we can do that then we are going to end up with a good profit.

I believe that the best way to go further in life would be just accepting how to do make a profit as much as we can, the reality is that we have to consider this as something that will take a while, and as long as that happens then we are going to see this as a good reason. I know that people consider this as not exactly what we have right now, but that doesn't mean that we can't wait and get to the right moment, when that happens we are going to profit so much more and all the people who doubted will regret.

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Quote from: Essential10 on June 12, 2024, 07:19:33 AM

Yes I agree with you. You'll lose and win by trading, but you'll never get 100% success in one consistency. There is always risk in trading and no trader can guarantee success every time. Consistent success in trading requires skill, knowledge and experience, as well as the ability to adapt to changing market conditions. There are very few people with such experience who are consistently successful in trading. The most caught in trading are those who succeed in 5-6 consecutive trades and trade greedily in the hope of winning more and they lose their capital. There must be an accurate planning for trading, so that you can control yourself.

When someone trades, of course they must continue to be consistent with what they do and must also always increase their knowledge about trading so that they can trade well and in analyzing the market they can make decisions that are profitable for the trading they do.
After someone can get good results from the trading they do then they must be able to control their emotions when trading and not do things that are detrimental to them when making profitable trades before so they do the trading with greed, yes of course it would be better before starting In trading, we must first prepare a good plan and must be able to carry it out according to our abilities.

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Quote from: Roggeredek on May 19, 2024, 12:49:38 AM

There is no such thing as 100% percent in trading, the same way you will gain here, the marketplace will force you to lose in the same way. Because when you make a lot of profit, you open a large trade, then the market will make you lose. If you survive wisely here in the market you can survive long. Besides, you can never last long in the market. How many dollars will you lose per day and how many dollars will you profit per day. Be sure to identify these limitations.

Yes I agree with you. You'll lose and win by trading, but you'll never get 100% success in one consistency. There is always risk in trading and no trader can guarantee success every time. Consistent success in trading requires skill, knowledge and experience, as well as the ability to adapt to changing market conditions. There are very few people with such experience who are consistently successful in trading. The most caught in trading are those who succeed in 5-6 consecutive trades and trade greedily in the hope of winning more and they lose their capital. There must be an accurate planning for trading, so that you can control yourself.

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Quote from: irhact on June 11, 2024, 05:16:08 PM

Quote from: jeraldskie11 on June 11, 2024, 10:31:09 AM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

This doesn't work every time as sometimes you have to wait before you buy, when you see a token that you want to buy you have to monitor the market to look for the right time to enter the market to buy. You should also monitor Bitcoin and buy when the market is dumping, right now everything is dumping and it's a good time to buy. A trader has to have patience or you'll be selling when the market hasn't reached it full potential. Many traders make the mistake of selling too early.

If you wait, you'll have time to know if you're making the right decision to enter the market at that price that you're selling. It's not every market dump that we're supposed to be buying as some dumps just don't stop but they'll continue to be dumping and if you bought you'll be losing money which is not what a trader needs. We are trading as we want to make money therefore we have to be very cautious of the decision we make so we don't get it wrong.

Yup, I agree with that last statement not always a good indicator to buy during the dump season as there are projects that will not stop dumping to point that the project will die naturally, though patience is a virtue as there are many factors that affected the market and you need to have that proper timing to make your trade or investment be profitable, though there's no accurate time frame or any indicator that will conclude the next market run but your own analysis and understanding will allow you to anticipate and let you position your trade.

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Quote from: jeraldskie11 on June 11, 2024, 10:31:09 AM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

This doesn't work every time as sometimes you have to wait before you buy, when you see a token that you want to buy you have to monitor the market to look for the right time to enter the market to buy. You should also monitor Bitcoin and buy when the market is dumping, right now everything is dumping and it's a good time to buy. A trader has to have patience or you'll be selling when the market hasn't reached it full potential. Many traders make the mistake of selling too early.

If you wait, you'll have time to know if you're making the right decision to enter the market at that price that you're selling. It's not every market dump that we're supposed to be buying as some dumps just don't stop but they'll continue to be dumping and if you bought you'll be losing money which is not what a trader needs. We are trading as we want to make money therefore we have to be very cautious of the decision we make so we don't get it wrong.

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Quote from: Kriptogram14 on June 11, 2024, 01:54:15 PM

Quote from: Gaza13 on June 11, 2024, 10:59:43 AM

For a trader, they not only see an increase in this, but they see the opportunity that this token or coin in a few minutes can make a profit in their analytical forecast. Even experienced people will definitely feel what you have felt, such as emotions and stress that will definitely be in their minds if they make mistakes in analyzing, in this case there is no single indicator that is truly perfect in analyzing the market.

Yes, I agree, bro, in my opinion, before starting buying and selling we must first prioritize researching everything about trading, first learn how to manage it all, don't let us be careless in making decisions so that the results of the decisions we take have a detrimental impact on ourselves.

Predictions are not necessarily right on target, everyone can predict everything but no one can guarantee that someone's prediction is right on target, it could be right or it could be wrong, it's called prediction, but if we understand how it works, we can dig into the knowledge and learn about the graphs. just hit the target even though it missed a little.

So never make a decision spontaneously, we still have to be careful and carry it out consistently, guard our emotions from failures that occur so that we don't become frustrated with ourselves, and also don't follow other people if we are not sure about the decision we made. they take it, follow their heart and still have to gain knowledge about trading to avoid losses and mistakes from our own actions.

A must thing to be done because even if the market is really that unpredictable but doesnt mean that you wouldnt really be putting any analysis into it, on which it would really be that better that you should really know on what kind of approach that you would really be needing into when dealing up with this market which is really that totally unpredictable and really that not that easy to be deal of with.
Waiting for the right set-up? Of course we should really be that doing that. Despite on being unpredictable but we do have tools and indicators which we can use and same goes on having those fundamentals
on which you could really be able to atleast having that idea on where prices could actually go even though its not 100% but at least you are on the right path on such approach.

Just dont make yourself that getting rush up when making positions and also bare it up on your mind that waiting too much for the right entry does have its cons too.
You are the ones would be needing to figure it out.

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Quote from: Gaza13 on June 11, 2024, 10:59:43 AM

For a trader, they not only see an increase in this, but they see the opportunity that this token or coin in a few minutes can make a profit in their analytical forecast. Even experienced people will definitely feel what you have felt, such as emotions and stress that will definitely be in their minds if they make mistakes in analyzing, in this case there is no single indicator that is truly perfect in analyzing the market.

Yes, I agree, bro, in my opinion, before starting buying and selling we must first prioritize researching everything about trading, first learn how to manage it all, don't let us be careless in making decisions so that the results of the decisions we take have a detrimental impact on ourselves.

Predictions are not necessarily right on target, everyone can predict everything but no one can guarantee that someone's prediction is right on target, it could be right or it could be wrong, it's called prediction, but if we understand how it works, we can dig into the knowledge and learn about the graphs. just hit the target even though it missed a little.

So never make a decision spontaneously, we still have to be careful and carry it out consistently, guard our emotions from failures that occur so that we don't become frustrated with ourselves, and also don't follow other people if we are not sure about the decision we made. they take it, follow their heart and still have to gain knowledge about trading to avoid losses and mistakes from our own actions.

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Quote from: senyorito123 on May 05, 2024, 07:12:31 AM

As we trade the most probable target that we see during the market rise of our asset, definitely there's profit settled in. Patience is tested during this time, so you should wait until such time our goal reaches to the top. Everybody dreams for a good market despite of how challenging it is when sudden market fluctuations occurs.
Knowledge is very important even though we struggle to cope up with stress as well our emotions.

For a trader, they not only see an increase in this, but they see the opportunity that this token or coin in a few minutes can make a profit in their analytical forecast. Even experienced people will definitely feel what you have felt, such as emotions and stress that will definitely be in their minds if they make mistakes in analyzing, in this case there is no single indicator that is truly perfect in analyzing the market.

Topic: Wait for the right set-up - page 2. (Read 1227 times)