I think both trading theory you mentioned are good for.
1. Based on technical analysis : It's really hard for beginners. Technical analysis seeks to predict price movements by examining historical data, mainly price and volume. But Technical analysis can provide very accurate price predictions if you can study the markets well.
2. Based on event news : It is very easy to do especially for beginners . Event news trading is probably one of the most exciting forms of trading because it can produce instant profits and instant gratification.
Topic: Which type of trading you think is good? - page 2. (Read 1256 times)
In cryptocurrency trading most of the people do trading on the basis of events and news there is a website which tracks all the upcoming news of all the cryptocurrency project like hardfork airdrop mainnet ama session etc. people like me buy cryptocurrency one or two month before any major event and then sell before coming that event I think events based trading is profitable in crypto
Not on all news you need to agree, not all of the information we see on the internet are all right sometimes we need to take a look for more information because today its not hard to make a publish a wrong content or information, in trading this is one of the concepts you need to learn what are the things needed like keep updated about what is the happening on the coin we would like to trade. It is better to if we have a technical analysis of what are the things we should do like you. If you read good content that is related to your coin make it double check also check the market movement of the coin if there is something changes.
I generally take the rout of Options. It is considered on the riskier side of things but when it works, it works wonders. Especially on the long term.
There are a two sides of being a trader :
Short term and long term :
In long term trading you just bought a coin into the specific day and wait for the right time to pull it out. It takes time but still we need to have a good patience on this kind of trading.
In short term it quite hard because the market price of the coin sometimes is volatile and stable its your choice but always make sure you need to be aware about the things may happen.
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think that trading based on technical analysis is more risky, but it can also be much more profitable.
Additionally, you can use a leverage of up to 1:500, but then you have to be very careful and use small amounts.
You can also combine all three techniques. Try to find the moment of the event, use (even basic) AT tools, and if you expect a change in a short period of time, you can also use leverage.
Such a combo can bring amazing profits.
It's best if you test it live on a demo version. There are many exchanges that offer this option, but I was testing it on the SimpleFX platform and it works well for me - link in my signature
Good luck!
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
You should be up to date and update will all the crypto related news, to get profit from it. Nothing is technical analysis in trading, instead you should learn of trading.Only trading experience will get technical knowledge about trading.You should hold and sell at right price to get profit.
I'm not professional in making trading instead I'm using the technique of having knowledge on the market movement and graph but the problem when you will identify which kind of technique to be keep updated.
You can try to watch and read a lot of things related to your coins. But sometimes giving a market sign movement can give you a good hint.
I'm a trader just having knowledge with the use of market movement and sometimes I'm a long term trader still it depends on you how you will manage the trade. By that kind of strategy, I already win most of my trades.
You can try to watch and read a lot of things related to your coins. But sometimes giving a market sign movement can give you a good hint.
I'm a trader just having knowledge with the use of market movement and sometimes I'm a long term trader still it depends on you how you will manage the trade. By that kind of strategy, I already win most of my trades.
In cryptocurrency trading most of the people do trading on the basis of events and news there is a website which tracks all the upcoming news of all the cryptocurrency project like hardfork airdrop mainnet ama session etc. people like me buy cryptocurrency one or two month before any major event and then sell before coming that event I think events based trading is profitable in crypto
I generally take the rout of Options. It is considered on the riskier side of things but when it works, it works wonders. Especially on the long term.
Basically, trades that are base on news feeds from trusted sources are the best while using your TA for doubt clearance before venture into trade. Though, there are reservations to this, don't get your news from the wrong groups concerning the project rather it should be from the project handles. With this method, I always trade on a mid term basis because sometimes the news doesn't move the market immediately, sometimes it take weeks before seeing the positive effects on the market. So, for me; this is good to my liken.
Day trading is the best tools or methods for this thing, but if you do not have enough idea or knowledge about in trading,
perhaps, holding in the long terms is the best replacement for the day trading, although you can do the actual trade but try
to start with small capital first as a newbie.
perhaps, holding in the long terms is the best replacement for the day trading, although you can do the actual trade but try
to start with small capital first as a newbie.
I think it's just a habit and how familiar are you with the method.
I prefer to use technical analysis with 4 indicator :
1. Bolinger band
2. Moving average
3. Parabolic SAR
4. Stochastic oscillator
I prefer to use technical analysis with 4 indicator :
1. Bolinger band
2. Moving average
3. Parabolic SAR
4. Stochastic oscillator
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
I don't think the news trading method is easy. If you do not have the knowledge and experience you will not know which news is good or bad news for the market.The majority of people who trade on news are wolves in the crypto market.
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
In my opinion, the method based on news is better than that of technical analysis. Most major market moves are caused by news. If there is good news the market will rise sharply and it will fall deeply when there is bad news. 1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
Although both are important for a successful trading, I do believe it is still much better to trade on technical analysis. Technical analysis is extremely important to be able to read the market unlike having to wait for some big news to affect the market.
Without technical analysis, there's no possible way for you to be called a trader. I mean, without technical analysis, how do you even intend to trade?
I'd advice you shouldn't depend on event news to trade. The best thing to do is to trade based on technical analysis.
Fundamental news in most cases rubbished technical analysis that is why a trader must have both knowledge and keep an on events related to that particular cryptocurrency, forex or stock traded this will guaranteed and consistent profits.
Although some traders trade and relies only on fundamental analysis which I believed is very risky.
1. Based on technical analysis
2. Based on event news
2. Based on event news
If we can only choose one method for our basis on trading, then it should be the technical analysis, but it do need a lot of work and time, if you will be coming up with good decision making and good data analyses, your hardwork will be paid off.
By way of alternative, event news will be a good source of new trends, you might consider riding on the hype that might happen, or you might also consider between going out or in at a particular crypto investment.
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.
I feel trading based on TA & FA Is the best. Technical Analysis and Fundamental Analysis are the widely tipped process that most traders practice and start trade with the assurance to perfect trading.
One core factor to consider is that, when you have mastered the art of ta and fa, you will be able to use the events, news to your advantage at a large scale importance and profit margin.
One core factor to consider is that, when you have mastered the art of ta and fa, you will be able to use the events, news to your advantage at a large scale importance and profit margin.
Both are needed to trade but technology requires more than the last analysis. If the market is constantly updated then if you can't update yourself in line with the technology then there will be a lot of risk in the case of trade. It will be very difficult to analyze the market. Having a good idea of technology will make it much easier to practice trading charts and pick currencies and make a profit. Crypto market is improving with technology.
I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think based on depend news most worth to get much profit during start trading with some coin project, I know how accurate with technical analysis but could prediction when have good or bad news, some time bitcoin and altcoin could up extremely after Donald Trump make bad or good news with cryptocurrency. How accurate your analysis will be wrong because investor sell and buy depend which said by some one, maybe when get good news from an exchange and developer will give recommendation to buy and sell some coin later. 1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think day trading is the good way to generate good amount of money but it is risky. You can choice long term but be sure to select best pairs.
If one can learn technical analysis where charts are involved and also have bit of fundamentals knowledge about market ad coin then it can be a good combination and very much helpful as it will provide the direction in which market is moving and accordingly one will be able to pick the coins and trade based on it. Chances of executing the trades in profits increases with this knowledge.
Jump to: