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Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.

Learn how to use trading indicators, it will help you. Start with relative strength index and bollinga band to know when market is overbought or oversold. Trade with small amount of money and see if you are better. Then you can further with simple moving avarage and exponential moving average. You can learn about fibonacci retracement and what they are meant for. You can learn all these indicators very well, this will help you in trading. Indicators can increase the chance of making profit, but you need to also have risk management and use the money you can afford to lose to trade.

Aren't you becoming redundant because of saying that "Trading is not so difficult..." then following it up with "The difficult part in trading...".

Anyway, just using candlesticks won't be enough to accurately predict where the price of a particular asset would go—definitely going to be hard to determine whether or not to go in with the trade or stay away. Or maybe put a Long position or Short position within the market.

Different types of indicators would be helpful for a trader in determining where it should be traded or not or if it would go long or short. Sometimes it's just going to be luck in terms of trading.

It's always going to be like a "Let's see what would happen..." type of thing, you know?

Ofcourse trading isn't difficult as it was told but for a new trader it's much difficult to make a right decision when trading. Because to trade you have to know about chart, market direction, risk management and more.

If it wasn't so hard. Don't you think there would be lots of millionaires who have made money through trading as of today?

It's the whole backbone of trading. Identify good entry and exit points, and then execute your trades. Candlesticks alone cannot predict the entry and exit positions 100%
Sometimes you have to know that you are going to lose some trades. You should know how to manage risk

Indicators can greatly help but also look for hints from social media channels of the coin you are trading with. Because those indicators can easily go south if the team of the project is already planning to exit the market. So don't put too much trust from the indicators themselves. Look for other factors that may affect the market performance of the coin. Decisions coming from the team is a vital factor to know where the coin is heading to.

This is where trading analysis would work out whether you do make use of;

1. Technical analysis
2. Fundamental analysis
3. Intuition/Gut feeling(Other option  :D)

All of us do share up on the same questions on mind on when to get out on particular trade
because of this unpredictable market then we do really have this main problem.

There, fixed for you.

Do you think trading isn't difficult?  If that is so, there are too many of them have rich because of trading and could maybe everyone do trading.
Trading is very crucial, it will wipe out your entire balance if you don't know to perform it carefully and you don't know how to deal with the market especially as you've told when to enter the market, everything there is unpredictable, there's no clear direction of the market price and that's why we have a different tool to predict the market price.  Technical and Fundamental analysis.

We all have that question because no one can predict on what would be the future prices would look like or what would be the possible bottom or peak price which ending up on having that
continuous or lots of speculations to be generated from time to time on every person who had involved themselves on the market.
If someone does have the capability on knowing on when to get in and when to get out then he would be probably the most wealthiest or richest trader or investor on this market.  ;D

There is a free PDF file for basic reading about candlesticks and it will tell you all about candlestick patterns.

Here's the link "Basic learning about Candlesticks (https://www.nomuradirect.com/pdf/21_Candlesticks.pdf)"

And if you want to expand your knowledge about trading there is a big source with free courses, guides, and tools check them from here "Awesome Crypto trading sources (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)"

You need to learn technical analysis to find out when its your enter and exit time, it depends on your time frame and other indicators you're using. No one can predict the movement of market perfectly,you can just speculate and dare to face the consequences that is why trading is easier but making profits consistently becomes a nightmare.

I mean THAT is the core of trading, it's basically the part that determines whether you're going to profit or not, ofc it's difficult. To help in identifying it, the two types of analysis (fundamental and technical) should be pretty helpful for you to decide on a path to take. Ofc it still involves you understanding the market and making your own predictions and suggestions based on your own current understanding, but all those are based on what news you actually receive or analyze anyway. You also can't deny that "gut feelings" have helped a lot of traders in the past, but that'd be a one or two off kind of thing imo.

Sometimes even candle stick failed. So it safe to assume that no one can predict it right. Of course these parameters are made to be a guide but it does not mean a high accuracy of happening. Well thats really sucks, right? Ive talked with some experienced traders and they did confirm that even they go for a good indicators sometime it didnt go to their prediction. So trading is a lot harder than simply memorizing and familiarizing with this indicators. But it can help us in such ways.

No one can predict the movement of market perfectly, but a trader can still be more accurate, accuracy is not only in the candle stick movement prediction, but analyses can still make prediction to be more accurate but it is true that it can not be a hundred percent accurate though. Like I said, accuracy is not only in cnadle stick prediction, accuracy is also in having no greed, using low leverage like 1x and able to make sure liquidation does not occur but profit instead. The crypto market is most of the time been volatile within some prices that even the bears and bulls will make profit.

You can use the candle stick but you can't limit yourself from the candle sticks alone as there are other ways to predict it such as using support and resistance, trend lines and other useful tools, for me relying to candle stick is ok but it is not enough.

it will not become difficult unless if you have enough knowledge, coz that's the common problem reason why there's a lot of people are frustrated in trading. Infact how you can determine when or where to buy if you're lack of knowledge? that's impossible coz it's not a game of luck!
So i suggest dont expect that you can win in trading if you don't have such thing. Much better to educate your self first if you want to become successful trader.

Technical analysis and fundamentals especially related to viral news or good news will really help us in entering the market or leaving the market. Sometimes in crypto news or rumors are very influential on the price movement of a coin. The point is in trading we have to be content with what we can (profit) don't be greedy is the main key.

mostly I use option number 3  ;D
I'm not very good at technical and fundamental analysis. what I understand is I have to buy when the price goes down and sell it when the price goes up. too great a risk that prices will fall when we do not do in-depth analysis.
most importantly in the trades, I make always use SL, and it helps me not to accept big losses. we must be aware of how we manage the assets we have. we determine at what price we must exit the market. by looking at the graph we will have an intuition about how much we are receiving.

If you study and understand basic trading, then you should know how to enter and exit the market. It depends on you what kind of strategy you would like to use if you use candlestick then it is not a problem, sometimes I use demand and supply area (most likely support and resistance) in my trading and it is working, just understand the concept and learn more in trading aside from candlestick and I am sure you will get the grip of it.

Well, easy to describe on it when it's come to stories but the real deal and real application of it is hard.

You just described what the market is really all about. It's all about closing your positions in profits and the traditional buying low and sell high orders that we must do.

Because that's how we're going to make money from it.

You believe crypto trading is easy and later consider the entry and exit point to be difficult. What's the difference between the two-point and crypto trading?
These two-point are what's called crypto trading because the decision you make when you reach the event is what determines your profitability.

It all depend on the activity of the crypto you want to use in but what important is you understanding the crypto open, close, high and low activity

Depending on your trading style, you can specifiy a great entry/exit point. And, each person has their own points and we can not say whether they have a good point or not.

In my opinion, trading is not all about starting a trade or closing a trade. It is about having a consistent winning after a long period of time so that you can fully achieve financial independence. This is my only indicator to navigate whether I am having a good trading habit or not.

I absolutely agree with you because practically this had been one of the most difficult aspect of my trading experience I am trying to overcome, I had opportunity of selecting profitable trades both short and long on Daily timeframe, however trading entry had dealt a big blow to trades, atimes I will enter a long or short trade the price will temporary move against me and I hurriedly close it, in a jiffy the price reverses and move towards my direction, though I had found a way of closing my trades after a certain percentage of profit is accrued, I still trying to figure the appropriate entry.

Just taking look at the candlestick is just gambling, understanding the basic of trading candlestick just means you are a beginner, beginners can lose in trading like they are gambling.

You use demand and supply area? How are you determining the demand and supply area? This seems wrong to me but using the support and resistance level can be of help which is what you later meant.

I can suggest you to learn also more on overbought and oversold nmarket, you can start this with RSI and bollinga band.

Trading is not gambling, it is not easy just to bet on something. If you are finding entering time and exit time, that is part of trading so it is not easy to know exactly, not everyone know when they can enter or get out. Don't treat trading to be easy like gambling if you do that you keep losing big money. Have the knowledge of your indicators and that becomes your guide.

Even after getting the initial knowledge of the basics of trading, you will still make a mistake when opening and closing a trade, because there is no 100% guarantee that the pattern will be fully worked out. But nevertheless, it will allow you to correctly determine the levels of buying and selling.

Supposing you buy at 30k and the price reaches 50k, you sell and get your a profit of 20k times your volume traded, does that really seem to be a complicated thing? Nope. But what is complicated is the timing for buying/selling and holding.

Most traders get washed away in the steps in between. Either they cannot hold for long for they back out too early or they sell at loss to stop the panic.

Point is that when you are entering into trading, take only that money that you can afford to lose. Then place the long term order with patience at hand. Allow it to be executed in time. Your range may be smaller like 40k buy -- 45k sell, but do that often by checking the price. You dont need to day trade but dont lose patience.

All matters with your specific target or trading method because there are some who do really mind on holding for long term and there are people who do really love to see profits in short term duration
which means that steps and actions would really vary on each individual.Its true that the timing on when to get in and when to get out or when to hold is the most difficult thing that you
would notice out when you do step your foot into trading activity on which you would really be boggling up your mind on whats the right timing or right time for you to make out decisions.
This isnt something that you could done it easily and also trading is never been easy in the first place.

If trading wasn't so difficult, traders should be able to profit all and they could get rich from trading. Trading is difficult and not everyone understands how the process works, including how to determine when to enter the market and leave the market. It all requires analysis and must learn more so that we can analyze well. We cannot predict when someone buys or sells a coin because we use different analysis methods.

Trading is not so difficult for those public who has a great skill on technical analysis and skill on reading candles.
Even then this is not also that much easy for all . Sometimes the big technical analysis experts make mistakes. Main thing is crypto world situation always depends on market and who knows very well the technical analysis about market And they must know when to buy or when to sell

That is true, trading is not gambling, but also it is gambling in some cases, example is a person that just started to trade, he does not know much about the technical aspects like using indicators or even checking the minute or hour range candle sticks, but he just want to trade. That kind of person will definitely lose as he is not trading but gambling. Also are people that just check the candle sticks but not knowing the right time to buy and sell, indicators can help for this purpose of buying and selling at the right time, but the person do not further learning and keep on losing. But I agree that trading is not gambling for trading experts but it is gambling for beginners. That is why people say it is good to use the amount of money you can afford  to lose to trade, that points to beginners.

I would guess that most "newbies" do not know RIS and Bollinger band, if they do know it then I would deem them not a newbie.

I believe that newbie is not a term used for people who have been here for a short period of time, it should be a term used for people who do not know much about crypto. So for me a person who has been involved in crypto for a month but learned everything they need to know is not a newbie but someone who has been around for many years and yet never learned anything proper about it should be called a newbie. That is of course how I approach it, maybe I am wrong but at the end of the day there is nothing wrong with being new and learning new things and becoming better at it.

Some people can know what is called crypto trading but do not have the knowledge as experience about it. Likewise some people can know about RSI and bollinga band, but they may not know how to use it, some people may just have heard about it before but never read or learn about what is it and not knowing how to use it.

A newbie is someone that is new to something. If this is about trading, a newbie is someone that is new to trading. In trading, what can a newbie know for just a month, he will still learn and learn and have more experience. Someone that has been in trading for years should have known better, especially how to manage risk and means to make profit either in short or middle term of trading, if it is otherwise, he would have quite trading.

If a person is engaged in trading without the necessary knowledge, then this is gambling for him. Or when they use signals from dubious telegram channels, or any other sources. You need to clearly understand what you are doing, and have very good knowledge for this, only in this case you can count on positive results in trading. In all other cases, it will be a gambling game in which you will most likely lose money...

too many peopl joining in telegram groups which is the reputation not proven yet, tempted by profits ratio that shared make them trapped. without knowledge dont ever expect we could gain profit  trading both of spot or futures. this  market was good place to improve our knowledge or skills.

That is where the difficulty lies, being able to accurately predict when an important increase in the price is coming and open a position and when a decrease is coming and close your position is where the majority of the difficulty of trading resides, apart from that, your emotional control and money management are two other aspects that are difficult to master, because even if you had the ability to predict the markets correctly a few big mistakes are all what is needed to become unprofitable.

Actually, OP can test these without spending a single penny in his/her pocket. Because we can actually do some technical analysis in tradingview and can easily confirm if we hit or break the target. Probably the best thing to start spending a little amount is when OP is already hitting the target of more than 50% of his/her trade.


@OP , learn to use stock charting first (like tradingview , etc.) then apply your TA (your experimental indicator's combination) there without spending money first  ;)

Obviously trading without indicators and charts that looks like gambling which is strictly a lucky game. Gambling is luck base but trading is highly knowledge based because you have to understand what makes the market to move from the price it is to another point and perhaps the times it will move and when to expect it to retrace. Trading involves alot of research , studying of the different countries economy especially the specific country pairs traded. Example the US government release some news that affects the $ either positive or negative monthly like employment rates. A trader that deals with the $ pair should understand when this news and the impact is.

No matter how skilled you are in doing technical analysis, reading candlesticks, etc., you don’t own or control the market. Predictions are predictions, but there are no guarantees or promises that they are going to be accurate. Even if you follow certain guys who are more on trading signals, there are no assurances that their predictions are correct whether to long or short the trade.

What I am saying is that only invest and trade an amount that you can afford to lose and do not go all-in!

Actually something can only be hard on someone if you don't have the knowledge of such, that is while it's reasonable to have or secure pre-knowledge of anything before enrolling into it.

The difficult aspect i find in trading especially when to enroll in the market and when to kick out of the market is the understanding or reading of the candle sticks per say. If a trader observe the radar of the candle and follow it's it, i don't think the trader will venture into lost, except their is a misconception of understanding the strip of the candle sticks..so wrong interpretation of the candle leads to wrong   entering of the market and also cause lost.

So, what else is trading if not those two difficult parts you rightly mentioned? Basically, that's what trading is all about. It's about buying and selling. Entering and exiting the market skillfully is what makes someone a profitable trader or a loser. Those two are germane and extremely important to surviving in trading.

To survive getting burnt, only take trades from higher time frames. Chances of making profit from higher time frames exist and are more realizable than those of lower time frames.

Starting a trade and ending a trade is difficult in trading, because that's what everyone should learn about where to start trading and how to set the lowest price. in trading a trader must have the ability to analyze the market, starting a new trade requires energy in determining the support line, if the market for one week has found a support point then for me it is an opportunity to open a trade. because often the market appears changes up or down for 5 to 6 days.

Being a trader in every market is difficult. It might not be as difficult as people say it is but I can say that it is complicated in its own way. One needs to have a good entry and exit point and that can't be done by using the candle sticks only. Risk management comes in, being able to control one's greed. Understanding how much to risk on a trade and how to properly balance a portfolio happen to be more important than entries and exits.

If you are a newbie and do not know them, then why would it be alright to start trading? I mean just focus on getting better at things and you should be fine, learn as much as you can before you start trading. Think about it, you have no idea about the two of the most important indicators, and you would imagine that you could make a profit in the crypto market?

I really doubt that, I believe that it would be quite impossible for someone to make money without knowing how to read these things. Of course they could get lucky in a very high bull market, like when bitcoin goes from 10k to 60k, it would be hard to make a loss, but you need that type of market for it.

Am not really in support that trading is easy, most people entering the crypto space thing trading is kind of easy thats why they end up losing money. To me trading is not really easy because its involve some technical analysis, crtpto trading is not just all about buying a coin when the price is low and selling when the price is high. You have to do your technical analysis to know if the price is low already and to know when to sell.

Yeah, most people think that trading is just a basic buy low and sell high. They don't know how difficult it is especially if you want to become a successful trader, you need to learn a lot of things.
About when to enter and when to exit, another difficulty is how we analyze it if we are using a chart, there are a lot of timeframes as you can see, so it will also make your mind confused too. That's why we need to be aware of a lot of things and never forget risk management.

If any one can do it or know it when we should start or close then it will be very easy task for earning money. It is very difficult task to find where need to start or close. If you are a good learner then it would be more easier for your to find turning point.

Such a false idea of trading is usually formed by newcomers who came to the crypto market in a bull market. At such a time, almost any coin bought "yesterday", already "tomorrow" makes it possible to get a profit. With the onset of the bear market, the situation is changing and special knowledge is already required in order not to lose your money.

There are 3 things that counts more

1. Technical analysis
2. Fundamental analysis
3. How experience you are in the market.

Crypto signals are very helpful. I'm using it myself.

You know, I was always surprised by people who wanted some kind of signals, and most importantly, they thought that these signals must be correct.

A good trade consults the chart and checks the S/R levels before buying or selling. This can be learnt from internet resources as well but on real life this becomes tough to execute. A little bit of practice can help every aspiring trader get their edge and added to it a handful of patience and the absence of "get-rich-quick" thoughts, most people will be able to generate profits off their trades.

Entry and Exit levels are important. But making a choice to panic sell or panic buy is also depending on the trader. These things can be learnt better in a regulated market like stocks and shares.

Most are used to sell fake memberships which is the real scam. Added to that is the manipulated pump and dump. Either way, one who goes to signal groups are in it for the loss, contrary to what they think.

Everything needs a process and the more we have a lot of experience then it will make us better too,
it's not that easy of course to be able to know when is the right time to start and close,
The most important thing is to keep learning and don't get bored easily

Trading signals are good for traders because it minimize the way a trader would have lost in the market. Let's say there is a 80% possibility that the coin will give someone Profits when it will start pumping. One main thing is to know when to open trade and the next thing is know when to close trade. Surprisedly, people so much believe in signals which sometimes failed them. Trading signals are not 100% garantee that it will enter, there are days when the market will be bad, and you use trading signals to enter the market, the market can go against you.

You can find out about Fibonacci retracement and what they are intended for. You can realize this large number of pointers well indeed, this will help you in exchanging. Once in a while being karma as far as trading is simply going. Choices coming from the group is an indispensable element to know where the coin is going to.

It is true that there is no success in trading that we can get instantly, everything requires a long process. So we really have to be patient if we want
to be a successful trader, so we will experience some losses first. Then the bad experiences we have will make us understand how to trade well.
Because we definitely learn to correct every mistake we make when trading. The most important thing is that we never give up and keep learning
until we really understand when is the right time to start and close trading. Then don't rely too much on trading signals from other people,
it only makes us lose, and ultimately makes us dependent on others. Even though successful traders must be able to do their own analysis,
because only we ourselves actually understand what is best for us to do when trading.

With signals I advise you to be as careful as possible. Do not forget that quite often there are moments when signals can provide information that requires confirmation.

Following the risk/profit ratio and setting stop loss and take profit keeps me mentally healthy and I enjoy when trading on wowswap exchange

if you are trading short term this is too difficult to explain, because the current market conditions with a downturn always occur, it is very difficult to close the trade, because the chances of profit are very small. with the current market dynamics I prefer long term trading or long term investment. I think this is an opportunity to invest for the long term, because almost all Alt is down. open a trade today and release it later when the market gets pumped up again.

Unfortunately last year there were a lot of newbies who came into crypto with the hopes that they could make a ton of money, and as we can see from the situation we have not really gone that way for a long time now, which is why I do not see it going the way that people hope it would go.

I am guessing that the best case right now would be for newbies to stay in long term and wait for it to go up again and learn from their mistakes and be better on the next cycle. If you are a long term investor, the best case would be to buy it when it is low, and wait for it to go up, watch it go down again, buy some more and keep repeating that forever.

If entering and existing the market isn't trading then I wonder what is! When I saw the subject of this thread, I was hoping to see some constructive argument(s) that supports the subject but, its just another newbie having confused thoughts.
If you must know, every analysis, tool used and steps taken all gears up towards entering and existing the market without encountering loses.

Going for signals is actually buying into someone else's ideas and analysis. The one you chose not to be involved in and as professions will have it, signals are sold these days. No one would go through the stress for nothing and most of all, they are still just predictors and could be wrong or the application could make it wrong. Trading is where lots of people loose money, that's to tell you just how difficult it is.

The problem is that no one knows the final price to which the coin will fall, so they buy coins in parts. But this is also wrong if the market is bearish, in that way we reduce the average price of the coin, but at the same time the loss only increases.

it's always on the candles stick where you can get an idea when to sell and to buy in a particular level in the market base on its structure and movement and that is called price action. 
And yes that's the most important strategy when it comes trading because everything will become so easy to understand and to predict even there's no clear trend in the graph.

By being able to read candles, we can read price action so from there we can determine when to close or open a transaction. actually it is not that easy to determine when to enter and exit the market, because not all candles are like our theory. on the other hand we can use EMA to determine price action, the smaller the time frame we choose, the smaller the candle space will be

I beg to disagree.

But trading is difficult in my opinion. It takes a lot of courage risking your money and time to gain experience to make it easy in the future. Your question on when to enter the market and exit the market is a very hard one, because technical analysis does not give accurate prediction but increase your chances on entering and exiting the market correct.

If we could only tell when is the right time to enter a trade and close a trade, all of us would be rich in no time.

There are "some" situations when the prices are hyping like crazy where you could make a big profit. I am not saying that it will happen frequently, but remember the times when we moved from few thousand to 20k in 2017, or 10k to over 60k in 2021, and all of those periods allowed people to make quick trades and earn a good amount of money. There were plenty of times where you buy something in the morning and make a 10%+ profit by afternoon or evening.

So, it's not like it's impossible. However, it is also not a common thing and you should not be hoping that it would happen at all times, it's just a few times every 3-4 years and not common at all.

That is why you need to create a plan (entry and exit plan), however, this will work only if you are too serious about it.
Candlestick, price chart, MACD, etc...we can use some trading tools applicable as a basis of our analysis, TA, and FA. As having these things, it was easier for us to speculate on the market, however, this never means that we can predict what really happen but at least we can anticipate any possible change that may occur.

if you  are very good with candle sticks pattern like doji, bullish and bearish engulfing candles, maribuzoo and so on. thats what you should look out for when  buying and selling. all these thing are seen on chart. you can also use indicators or different trading styles. you just have to find the best that works for you, practise and stick to it.

Well they really need to be serious about it if what they want is to earn and to become a successful trader. Those who quit early only shows that they are not serious and they don't have any plans, that is why they fail too easily. No one predicts the market in full accuracy but tools are only there to help us at least predict a little closer to it.

@Mate2237
So, that means those who said that trading is a difficult thing were lying to us the whole time?
But, I think trading is actually difficult because so many things that you will need to do to learn it or to improve your trades and even for experienced traders, they sometimes have a difficulty with their trades.

Some saying that technicals arent really that precise.Yes, its true but this is something more better rather than having no analysis at all.It would really be just sensible for you to make use of TA and FA
when doing trading.

This industry isnt gambling on where you do make out decisions without any basis.You would really be finding yourself to be in a problem if you cant able to read up those
candle patterns or even with those trend patterns which would really be that crucial when making out selling or buying decisions.

What happens is that people want an indicator or a strategy that helps them win 100% of the time and something like that simply does not exist, if it was possible then whoever had such an effective strategy will sooner or later end up with all the wealth that is moving in the markets, and since that has  never happened then we must accept a strategy that is way less effective than that but that still can give us good profits given enough time.

Unfortunately, lots of traders with low knowledges how cryptocurrency trading works doesn't know that they need to do their own research be it technicals or fundamentals. They just simply want to make it rich in a little amount of time and with low effort to boot. Knowing where the market trends goes is also very important.

True, many people got into crypto and still get into crypto because they think it is a legitimate get-rich-quick scheme, when all previous such schemes failed. This is because of the human mindset of less work more pay attitude. It becomes the root cause behind the arrival of scam pump and dump or signal groups and also the MLM/HYIP schemes.

Just like stock market trading needs some sort of chart analysis and then technicals, similarly crypto needs a lot of ground work to choose S/R levels and place trades based on those levels.

Nobody is going to babysit a trader in learning phase to buy or sell, they have to learn it on their own or pay for the lesson to the market by losing money.

I would advise some traders to start being more independent. Don't rely on other people's advice.

Perhaps, we don't need to tell people and put in their minds that trading is easy because the truth is that it was not, especially for beginners.
Traders must accept the fact that being a trader we can't assure that everything will be fine. Even though we use all the trading tools available and yet, this will not give us assurance to make a profit.

It is very important for us to have a huge understanding of the market trend. Not just we are good in TA and FA, therefore, we can say it was enough. It might, but if we can do more then that was an advantage.

A good advice, but few users follow it during their first days of trading when they lack prior experience. When the initial trading enthusiasm makes a newbie trader lose money, they tend to think of cheating the system and trying to make money outside of the normal. Then they find signal groups and self-proclaimed traders who show off as rich dudes riding cars.

Eventually they learn their lesson that such signals are useless but most have lost money by then. Having an prior experience in other markets before getting in crypto stop this from happening.

If losing money in trading becomes a problem then they need to stop trading, because losing money is a part of the learning curve.

That's why it makes it difficult. If you can't take trades, then you are not trading at all. I also noticed that when I was just learning it and reading the sample chart, it was really easy to spot things where to trade or where to stop, but when in the actual market, it is difficult. Indicators are really one of the best things you should rely on (to know when to trade or exit) and also do it in demo because, as you can see, most experienced traders can spot what kind of movement they are looking for, so doing your strategy in demo could gain you experience and make you more confident in taking trades in the real market with real money.

If a player knows or has an idea of ​​when to do it and has a little idea of ​​when it should start or stop, I think it would be an easy task to make money from here, but somewhere here  It is very difficult to find a place to start, but if you are a good apprentice, it will be easier to find your pocket running and everything will be easier for you here.

Those who say trading was difficult are right and they are just telling truth and the risk that might put you in regret later.
So, forget whoever told you that trading is easy, we don't make people underestimate the market and trading as well coz whether we like it or not, that seems difficult in real life.

Yes, it was too easy to see how the market flowed, it was too easy to read the market chart but, it was hard to analyze due to the market volatiltiy. You can't make it simple and easy.

If there are people who could precisely able to tell or predict on when to enter or when to sell then they would be the richest person here on the market since we know that price isn't something that we could predict on easily and because of unpredictability of the market that's why we do keep on boggling our minds on what's the right position.

Dealing with this market isn't something easy for you to handle on and to those who says that it was easy then it's just pure bullshit kind of claims.

Ideally there is a complete theory on this you have to enter on primarily when there is either a breakout, reversal or continuation of any major pattern, in this you take confluence with some indicator that you have in your arsenal and then prepare some pivot points for take profit and stop losses. This way you trade appropriately finding the correct points of trading.

Trading is definitely difficult. Finding market trends is not an easy task, it requires a lot of experience and the ability to understand the market. Depending on the candlestick, one trader cannot always predict the future trends of the market, as the impact of different news on the market is also greatly affected. As a result, it is important to do a fundamental analysis. So, trading is not an easy thing, to be a successful trader you have to work hard.

If trading was easy then majority of people on this market would really be doing trading and we know it does compose of buyers and sellers which would signifies that there would really be a losing trader

for every profiting trader on the other side which its really impossible and not really that right nor does fit in talks about on being easy.You would be finding it for yourself that it would be hard once you do

step your foot into the market on where you do realize that dealing with this isnt something easy that could able to handle out but it doesnt mean that its impossible but it would surely
takes time and lots of efforts would be made before you could make a good grasp to it.

If you are new into trading, it’s going to be difficult for you to know the signals of opening and closing your trades. Of course, you need to take time learning more about the trading indicators. Even experienced traders are finding it difficult as well despite that they are using trading indicators, as we can’t simply control the movement of Bitcoin and other cryptocurrencies.

Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.

but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.

If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.

It was indeed difficult for the newbies, nobody had grown and learned fast in trading, and much more if we only have limited time and lack of knowledge.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.

But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.

Yes it is proven that buy low and sell high tricks for beginners is still applicable in any coin, but as time goes by we need to widen our knowledge for greater opportunity and for better understanding the chart for our daily trades. As time passes by, we will be get used to it that not all the time that can be useful but yes it is but we need to grow and teach ourselves more.

Just as usual into those people who had bought below 30k are now making profits since the market had made out some greens even though it isnt really that too big but it is really good for shorter deals or trades.

In speaking about signals on when to buy and when to sell is actually depending on someones preference and own decision which would really vary into each person because we do have different scale in terms of

skills and perception towards our trading positions.Some might be going for long term and some would be going for short term.So it does really vary.

Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.

You are contradicting yourself here.

One end you are saying that trading ain't that hard but then you are asking what's the best time to buy and what's the best time to sell which is all trading is about. If one knows when to sell and when to buy, they are already masters of trading.

If by easy you mean you have learned by how to place orders then well, it's the very basic thing and everyone knows it.

Skills and indicators are qiite important in the business of trading because you have done it overtime and when the challenge comes you can handle it. There is another side to the skill and indicators that is experience and emotion. If you you can't put emotion to check then no matter the best indicators, you still keeping coming back to emotional mistake.

But this does not still mean trading is easy, the theoretical part can be easy but to make profit often may not be easy. You are right that using trading indicators is very important, I started to use Bollinger Band and Relative Strength Index and I make some profit, but my take profit is not that of a long range and I am cool with just the little profit I make. Some traders do not make use of trading indicators but just trade like they are gambling which makes them more vulnerable to losses.

This 4 could be like a book levels of detailed importance. If you have skill (meaning you know what you are doing and studied trading very well) and you can read charts and indicators, then you have all the things you need in order to be a good trader, but you do not start as the great one, with more experience you become better and better, but only if you are capable of leaving your emotions at the door when you come in to start trading.

I honestly feel like that is the way to get rich in this world. This is a great post that should be detailed a lot more by someone who has the ability to make some good content and I bet it will get a lot of merit as well.

Trading is never been easy and i dont really believe into those people who do really claim out that  trading is easy and going back into someone personal status of their trading activities then
it doesnt matter if you do earn less or big because the one thing you should do mind off on how you would gonna sustain your trading.

Doesnt matter on what are the ways or methods you would be using because this is the only thing that what matter most which is related to this.

Knowing on the perfect buy or sell time is impossible because this market is really that unpredictable which means that it cant be possible.

Indicators are only for giving a general idea about the market movement and not for accurately predicting the movement. Moreover, technical analysis is a pseudo-science and is more or less correct in 50-50 cases because a lot of factors are involved here.

What I prefer is the long term game for buying low and selling high. In between, just hold, dont look at the market prices and panic - get involved in some other stuff in life ;D

When the market bounces back you have your chance again. But very little use of indicators would be needed for this. The major use of indicators is in day-trading and that too ends up being a gamble.

So if you want to stay with the advantage in your hands, better to stick to long term trading and use indicators will a bag of salt.

Indicators are actually helping in prediction to know the direction the market will go, either up or down, but there are sometimes that indicators may fail, there are sometimes you may think the indicator failed to give you the right prediction, but later the market will correct itself to the direction the indicators are pointing to. I have used indicators and they work successfully. But no using only indicators will help, also self discipline and risk management are all important.


Long term is the best, let the market fall, buy and wait and sell when the market has risen, but buy again when the market fall. No indicator is needed for this but some professionals use indicators too like the SMA.

Those which claim that trading is easy can only fall into three categories, those which have never tried and have a misconception of it, those which are trying to get you into the market so you can acquire their services or even scam you, and those which are natural born geniuses and which do indeed find trading to be easy.

However the truth is that by far the majority of the people will find trading to be hard, and it is not difficult to see why this is the case, if we think of trading as a competition then you are competing against millions of people which have the same goal as you, which is to make money in the markets, meaning that only the best have any chance of making any money, while the rest slowly see their capital going down as they do not understand the true nature of the markets.

You are right that indicators will not make the trading successful all alone. You need other stuff, experience and risk/reward ratio correctly calculated is another one. I personally believe that the indicator reading is just a part of the trading world, and it is not the whole part.

I know for a fact that I had to do some stuff that would change things, but it will not be a simple change, I had to relearn all I knew about indicators in order to make sure that I didn't do any mistakes, because there were plenty of times when I lost money when in fact I did everything correctly like I should. It is not going to be a big major shock to anyone, but indicators do not have 100% success rate, if they did, we would all be simply using them and be wealthy.

Exactly what I am saying, not all the time indicators can help, there have been time I was using high leverage and trading altcoin which are more volatile than bitcoin, I did almost everything correctly but just because of high leverage and because trading indicators can not be 100% accurate, slight mistake led to liquidation of my asset, not long the market corrected to the extent I ought to gain but no asset again. This has happened to me like five times before I know I should reduce my leverage and I prefer to trade bitcoin now.

yes of course but that actually happened the source of signals provider is not really perfect, i know it's not every time a signal most be accurate, but some elements of signs will be shown directly, the source get read of my signal never disappointed me, if they will a change or difference it will be slightly difference with what my source capture and also caution. Shall in normal circumstances we are not suppose depends on signal another person. But using chart will give you more courage than any.

Signal is just what can make a trader to fail, it makes them weak, not able to learn, they use the signal first and they may make profit, but in the long run, they will only see that they lose than gain if the net profit is calculated. Some signals are paid for and yet used but failed. I do advice people not to make use of trading signals, copy trading and the use of bots. Learn is very important for traders, using low amount for some months and they can increase it if they are begining to make profit.

Perhaps, we can do it by ourselves rather than relying on others pretending their signals are accurate and working. We can't be fools, we know the market situation and its volatility, and not even the crystal could see it through, therefore, believing these signal groups is way no better and only leads us to lose our confidence.

Whether it was paid signal or not, they are not reliable actually. Anyone who has been in the market can make his/her own judgment. We can predict however we don't also think it gonna be right, it was just a market presumption, not really the things to happen.

This is the risk of high leverage, you are aiming at making profit as if you have a huge capital, with the little capital you have, that is the understanding of leverage trading. So, if you want to invest 10k, but want to profit like you invested 100k, then the risk of you losing is bigger.

So, when you have a 10% drop, it will liquidate all of your money and it will be all gone, because it just went from 100k to 90k with 10% drop, but since you leveraged your 10k, that will cover it. This is the "basics" of it, so if you are risking such high amount, for a high profit, then sometimes when it drops then you need to face it and accept it and move on.

We are all just speculators and its really that normal that those guesses and predictions wont be 100% accurate and its true that it would be more worth if you do make your own analysis rather than on relying into
someone when it comes to this because it wont really be that regretful in case you do lose money compared when you do follow someone and then he lost those trades which would result into loss of money
then its better to be relying with your own analysis rather than into be that relying on someones prediction and call which is something not that far apart if we do make on our own.
Market is unpredictable and theres no way that someone could claim  that they do know on where it would be heading.

This should depend on your knowledge to analyze the price chart and the current trend. If you are an old trader/investor, you must be very familiar with the characteristic of crypto market and the price moves of crypto coins. For me, only decide to buy when we assume a coin to have a pump in the near future. or there is a good sign that the price probably rises because of a strong reason such as listing on a top exchange, burning events, or launching its product (MVP). We must sell the coin when it has a good trend (during the pump/rise). Note that we mustn't be greedy, be realistic.

Be careful to buy during this bearish period if you buy for a short-term holding, the price tends to drop. But if you buy for a long-term holding, this bearish period is a quite safe time for adding more coins to your wallets. Be wise to use funds, know your target!!

Sometimes the market tends to behave in a very strange way, it is up to us to know how to decipher what its possible movements are, in some books that I have read they say that all the information is in the volume, what it is, what can happen and what it will possibly give in the long term, of course this is because it can be invalidated if a whale decides to sell a lot, but in general terms the market tends to behave like this, in any case to take into account the BTC market its volume is not consolidated, which is difficult and sometimes inaccurate for many analyzes and very few know this.

MetaTrader 5 is one of the basic trading apps for beginners. With it beginners can understand more on trading and it is also common trading platform in the digital currency ecosystem. Then another app beginners can also use is Tradingview which can use to view the movement of the market. It will be used to know the bull and bear market of any online trading.

Actually, there isn't anything more rigorous, but everything takes some level of skill sets. If you believe the market isn't performing well currently, hold onto your coins rather than exiting; doing so puts your money at risk. Exit and enterase depend on parameters that are unknown until they are present, hence everyone lacked prior education with this. The signals you see can often respond but can also fail.

MetaTrader 4 also is nice. It is more elementary for beginners than MetaTrader 5 that has more advise configuration although that is also good if a newbie is starting with it and getting use to it because the market is getting more technical. I still prefer MetaTrader 4. However in comparison there are no much difference in them.

Signals are not real for any case, most of them are cooked and made to fool users and make them pay for premium memberships. While the owners of the group dump their own shitcoins on these naive investors additionally profiting from the memberships as well.

Depending on market movement there are things to do in every stage. One can buy at the low or just wait it out, but they should not complain when the price goes up and that its too expensive then and rather sell for profit. No coin will give profits everyday and no coin will ever be the biggest one can imagine, these are cyclical movements and not absolute.

What ? Isn't that the most important thing in trading itself ?
Knowing when to enter and when to exit is 90% of the trading while the rest 10% may include putting the buy order and sell order LOL
Building a strategy and executing it is included in the 90% and the one who can do this knows how to trade efficiently.

To those traders who do really make able to sustain themselves on the market or simply those profitable then are the ones who could really make use and do knows on when to get in and when to exit.
We know that this market is truly unpredictable but it doesnt mean that it would really be that impossible yet there are ones who could able to sustain themselves despite of those reality.
You would be the one who would find for yourself on what strategy and what ways you should consider before you could really make out such action.You cant just copy someone
because we do have our own preference and views in different scenarios or conditions.