Bitcoin Forum

article originally from FMZ.COM

Jump in with trend and get out with the trend!

The market will be smarter than us at any time. The timing of a tremendous wave of trend, the form of development, the scale, the intensity, and the duration of the time are almost always out of our expectations. It seems that we will never follow our mood. The key to participating in this game is to maintain your initiative, leadership, and control.

The only thing we can control in the trading is the stop loss. We need to know clearly how much risk we will take and how much loss we will bear. When we know this bottom line, we will have the largest trading space. The amount of profit that can be earned in a transaction is never controlled by us because the market is uncertain and unpredictable. If we peg profit or market, we will fall into an environment that cannot be grasped and controlled, and let ourselves be filled with contradictions and chaos. So the only thing we can do is to focus on stop loss without considering profit, which is the best way to pursue profit.


"The only thing that can be done is to focus on stop loss without considering profit. This is the best way to pursue profit."

The real profits from speculative trading come from those positions that have been profitable from scratch.

Focus on the stocks that are most prominent on the day. If you can't win profits from the leading active stocks, you can't make a profit in the entire stock market.

Whenever I wait patiently for the market to reach the "key point" before I start, I can always profit from the transaction. why? Because in this case, what I chose is the psychological moment that marks the start of the market. I never need to worry about losing money. The reason is very simple. I happen to be decisive when the guidelines signal.

Move and gradually accumulate positions according to the signals issued by the guidelines. After that, the only thing I have to do is to wait and see, and let the market automatically expand itself.

I only believe in the trend of the market I saw in front of me, and I will never guess where is the top and where is the bottom. As for whether it is to follow the major trend or to open a position with sub-level trend, it is up to your trading system to decide, and the supporting stop-loss system is guaranteed.

In the futures market, profit and loss is a common occurrence of investment. If you have a loss in your futures position, what should you do? You will be like most other people, bet that the price will one day "come back (ie, floating losses becoming profits or loss reduction)." Now suppose that the futures position you hold has already made a profit. This time you will not bet again. Your approach is simple: immediately take profit and settle down. This phenomenon of "stopping profit is always simple, stop loss is always too difficult" violates the principle of "limited loss, unlimited profit". After long-term trading operations, the fund accounts of many investors are shrinking. What is even more frightening is that due to one or two big losses, the account be busted.


The Doyle Brunson said: most people who enter the casino have experienced the experience of winning money. The reason why most people lose money is because they don't know when to exit. This is also true for investors. "Exit" is "take profit and stop loss". We often hear people say that a stockholder who does not know how to stop loss is not a mature stockholder. The reason is that in a market with unilateral multi-mechanism, “stop loss” is the only “tool” that we can effectively control risk. If there are "weapons" that you don’t use, you can’t blame your failures on others.

The friend who told the story to the author once witnessed a companion in the "Randomly draw one card to compare the big or small" gamble, and repeatedly bet the fourteen "small" in a "double down" approach. On the spot, all the credit cards on this person were “exploded” and lost more than 100,000 Hong Kong dollars. From this we can see that if we don't have the consciousness of “can't afford to lose”, we will always “reserve the position” with limited funds and try to reduce the cost. The result is often that when the “bottom” really comes, we have no chance. Therefore, the author's suggestion is: When we start thinking about "can make up the position later", please select "stop loss".

Compared with the “stop loss”, learning to “take profit” is a more important step towards maturity. Because "Take Profit" requires us to overcome a greater psychological barrier, that is, to overcome the "greed", which is deeply rooted in human nature. People in the stock market are all want profits. It is impossible to not "greedy". However, everything has a "scale" and "insatiable greed" is the performance of "infiniteness", and ultimately it must be self-sufficient. We should remember: What is the word "greed"? It is the natural dialectics.

Speculative trading, giving up the subjective view of the self, following the footsteps of the market, and combining with the trend. Pull the hand of the price and follow the trend. It's that simple.

Friends When you trust the trend, you just find God, because the trend is God, there is no other God. When you trust it, drift with it, we are in harmony with the trend, in harmony, with the same pace. This game is eternal - with the trend, with the trend - this is an eternal game.

article originally from FMZ.COM

"Friends When you trust the trend, you just find God, because the trend is God, there is no other God. When you trust it, drift with it, we are in harmony with the trend, in harmony, with the same pace. This game is eternal - with the trend, with the trend - this is an eternal game."

I'm aint an atheist or whatsoever but i do completely disagree with this line.Dont depend on God or do rely when it comes to investment.We say He might have the part but majority would really with our own actions.
Jumping on trend will be on our choice and also getting out with it.Skills and experience would be the thing will help us on when to get in and get out on the best possible scenario.

What has GOD something to do with the trend?

So definitely don't involved religion here, I mean gamblers can also call divine intervention to gave them huge money, but it's not the case.

So I agree with @milewilda, this is really a bad advise, so I don't know if the OP is kidding or he is that serious involving God in crypto trading. Improved, gain experienced and take note of every mistakes you have so that you will have a higher chance of winning in this game instead of trusting everything to "higher ups".

We do not have any other options left out except jumping-in and getting-out with same trend. If we miss out either one of them then that will lead to disasters. This is what basic trading principles are emphasizing : Trade-the-trend; Sail-along-tide. Nothing new here.

Our technical analysis must ensure that we are getting enough time frame of travelling within one direction. This is what the whole purpose of having analysis which may be based on fundamental or technical one. But, we can be sure our the long lasting trend which must give enough room for us to enter and exit.

Basically, cryptos are having positive trend in longer time frame hence jumping at dips will help all the traders to harvest nicely.

This is what im saying which it isnt right to say or putting or using the name of God when you do gamble or making up trading. A very wrong mindset to be done on certain individual.
Praying isnt bad but that investment would go into the path that you hope for but these things arent really connected or affected by any prayers been made.
About the trend where getting in or out will always depend on you.

everything just luck , you just haven't realize it yet. our decision just under a higher dimension of  “Random walk”。 manage your risk, you can't manage your profit.

I think you're not getting the point here. What we are saying is that how can a higher being influence the market price? Yes, luck may play a role but that is not within our control.

Everyone should focus on the tangibles, i.e. trading pattern, technical analysis and other indicators that will help you make a good trading decision. So what if you lose in this game and this jump in/out trend doesn't work in the long run? Do you have God to blame for that?

good point!

i love the idea where you said that the market will always be smarter no matter how we predict. it shows that nobody controls the market and it is a decentralized market. people think that when they win, they were able to control the market but that wrong. they were lucky to win. fortunately. people will always win and some will loose.
that is why it is called a market place.

The Trend is like Water. Water keeps no enemies whether you're sad that it drowned a beloved one or not you still get to drink or use it. The Trend is every trader's friend. Go against it and you get burnt. You just have to ride on its back for good results.

While stop loss can not be over emphasized, traders should also be aware of take profit feature. I do notknow how many sites use it, but it's an efficient tool. While minimizing losses, also plan to maximize profits, amd get pulled out of a trade once you hit your target profit.

By know the trend, we can decide when should be jump and exit from the crypto market. And make reasonable target profit will help to make good profit, avoid greedy and FOMO because after bullish the crypto market is always turn in to bearish.  Technical analysis and history price of Bitcoin will help to understanding the trend of crypto market.

That bolded statement got me thinking. Perhaps if you go against it, in the long run we all gonna suffer. Ride with it, I'm sure you will end up something big or small, depends on where the trend is going.

So for me, I will just go and not try to swim and not go against the wave. If you darted like jumping in and out it might be good trading plan as well.

So learn everything by reading the sentiments of the market and I'm sure it will bring something good, that's for sure.

I doubt it is talking about the god you know of, it just means that some people find god in love, some people find god in money (in god we trust) and some people just find god in trading. Not the god you know of, not the christian, Muslim, Jewish god, just finding god.

Basically he is writing about how trading on trends is the way to go and best way to make money and trying to praise it so much that he went overboard with an example. Totally unnecessary and totally needless to put the word god in there but he did it to make a big statement and get peoples attention to it which it worked. Trading on trends has always worked for me as well, I have started doing it about 2 months ago when bitcoin dropped to 3200 levels and so forth and I do agree that its the best method however I wouldn't say I found god in trading lol.

with trend our entry points is also important if we dont get good entry points then our sl will also be more and it might take lot of time to be profitable
when we get good entry points with trend correct we make the most profit with less risk 

Following the direction of the trend is very important to keep us on track and to avoid us making mistakes in trading,though the market cannot be predicted and luck could play a part or the other,so going against the trend at some point could be advantageous,but on the broader view it's best to trade in and out of the trend

Just following the trend because trend is our friend, that is trading strategy that easy to understanding. We can predict the trend by make analysis in history price, and with stop loss and trailling stop we can maximize the profit. And we should be also manage our natural emotion like greedy and FOMO. If we can do this all thing we are more possible to make alot of profit in crypto market.

I am not focused on trends but I only focus on news in the media about the activities of the popes who are ready to manipulate the price of assets at the market at any time. the whale's power is able to manipulate the market well,

In short you do focus on fundamentals which is really effective when we do talk about crypto market which do most likely react with news specially
when famous people or companies do give out feedbacks so it isnt really effective about minding on the trend unless if you do make swing trades.

I could agree with you that trend trading is the only good/proper way to trade. But there are so many reversal traders out there. In fact the majority of traders out there are trading reversals as we speak. If you wonder why is that, probably because we are instructed to trade the wrong way which is to look for reversals by the experts who have never been successful themselves. So to put it simply, reversal trading is for suckers and trend following is for winners.

LOL, I thought you're referring to the Pope in Rome,  ;D. This market is based on pure speculation so obviously, any news around will really influence the price and then manipulators or speculators will take advantage of it. We have seen countless past media news that really took a toll on the market so I'm sure everyone is already aware of that. For me, I don't want to complicated things on my end, so my friendly advise if you just jumped when the market is hot and trending specially the alts market if you wanted to make a money specially if you're a day trading and exit on time and book your profits and then rinse and repeat.

There is a saying in forex and stocks trading that "the trend is your friend" this is truth and I really see this as one of the trading secret not to break and it is good you invest from the beginning of the trend in both directions and sell when the trend is about to come to an end.

The most difficult decision to make in trading either crypto currency, Forex and stock is to be able to identify whether the market has reached the bottom. This is because, the position you claimed is the bottom might turn to be the peak later and this kind of a thing has happened to me while trading Forex before now.

This is good. I agree. If we clearly control the situation with stop loss, it is almost 100% of the time will lead us to the desired result. If the deal is good, you can get a very decent profit if we just manage the stop loss.

Trend is our friends so just follow it, if we understanding the trend we will more possible to make profit.  There are only 2 Trend of market, that is bullish and bearish. So actually will be more easy to earn profit if we understand and follow the trend of market, with risk management and discipline to control emotional,  we can make our self become expert trader.

So many have incurred losses for not doing so, not selling when everything seems to be coming to a bad end, but still holding on and believing that it'll come up again.
In crypto where unpredictability is the other of the day, the trend is truly your friend, you must take advantage of it, buy when the trend is signaling good, and sell when they are ominous signs that it's about to end.

Yea best strategy ever. The trend is your friend until the end. Everyone knows that. But the problem in many situations it is not easy to understand the direction of the trend. For example the price of BTC is 3860 USD now and in a small uptrend while the main trend is down. What is your prediction? BTC is going higher or not???

Its very easy to say " Trend is your friend" but its very hard to follow. It looks easy when we see some trend trade and think if we would have entered at X point we could have made lots of profit but in real scenario its very hard to analyze with the first candle if trend will start from here. The toughest thing I find is to exit the trade in trend, we actually do not know where the trend will end and when we should close the trade. Many times it happens as soon as we close the trade it goes in favour many points which frustrate trader and next time when trade is not close it starts reversing from that particular point. So all I can say is its true trend trades are always profitable but jumping and exiting from trend is very hard, it needs lots of practice.

Well you must have the experience to be able to take advantage of trend swings. Many things to consider since we also don't know when the exact start or end of trend will be if we're new to trading. And some overestimate it's length so they miss the right time to ride it. It sounds very simple but you still need to put in work to understand these trends.

Totally agree with that. If you are a trader, the best thing to do is to follow the price movements. Don't try to catch a falling knife.

Of course, you should always follow the trend.An experienced trader is distinguished by the fact that he can react to some news in time and pick up a certain trend in time.

Exactly that is more than right and everyone will agree but when it comes to the real actions, majority of the people regret not following the rules and the instructions and have loss stories.

The trend is right here. Bitcoin is going to go high on the market and the opportunity to make money is the current trend. However, not every one follow and get out with the trend and rather hodl and go against the trend for long term which results in high whooping profits.

Normally the trend in crypto is there is a pump when there is a rumor and they dump when the news came out.
That's why they said that buy the rumor, sell the news because that strategy is very effective.
Of course, to be able to do it with a right timing, you need to consistently monitor the market, including the rumors so you can act on a timely manner.

today, all positive and negative information, including rumors, has a very strong effect on cryptocurrency users. It is in such ways that they control the actions of the mi3 core and other participants of the cryptocurrency market, which, because of their susceptibility, often cannot adequately respond to the current situation.

Getting up with the new trend will always been important because everything is not lead completely trend for long time because trend is limited so we need to change our self for the trend by adopting yourself otherwise we cannot make a huge profit from this market.