You are not getting this right. If you seeing trading as the same thing like gambling that means you will be getting it wrong and you will be doing wrong trading. Trading can be distinguished with gambling because you have charts that you can use for trading but gambling is not like that, gambling is all about alot of luck.


You are not making clear explanation here. Day trading is part of trading or you make better example of what you mean.

This is why we have to take the kind of risk that we can survive when it fails. Taking this into count, some traders have the believe to make money in trading just few months into trade and they resolve to increase risk appetite. They may be lucky sometimes but definitely not all the times so it is better to go gradually and get there and not to go fast and end up in sick bed or deformed from effect of sickness when they get old.

I don't expect it that you will immediately understand someone's trading strategy if they give it to you when you have not learn anything yet about trading. You need your own convinsion about trading, you study the trade you like or pairs that will be profitable for you. If you don't do a personal training of yourself, you may not understand another thing that another person use in trading.

Basically the war in Ukraine and Russia is not the reason that coins dropped because bitcoin was already down before this war, so we may not look at whether coins are down now but how we have been able to manage to get some profit despite it is still bear. During bear also some traders are able to spot right time to buy and scalp out some profit. Buying and selling still going on as the fight is on likewise because Russia still buying from China and tries to survive and finance the war, Ukraine also getting military help and cryptocurrency to finance and sustain the people, Oil and gas are still traded.

I was reading your post and I felt such post needs a little graphics and chart for better understanding but clicking on the link, it is blocked, why? Your post needs graphics. You can check if there is something wrong and the chart isn't uploading but rather blocked. Or is that a restriction or something else ..

There is no forum so far that is a ahead of bitcointalk.org as we are on it. This forum is well organized and largest. The boards are easily understandable. You have all you can get here and  scam is not encouraged here. You can discuss presale, ICO etc plus bounty and signature campaigns are advantage. However I use to know about few of them but I don't know how far they are doing now. Some of such are cryptotalksworld.org. also bitcoingarden.org. You can search more for yourself.

That is what almost every trader witness   but here the difference with older trader is that they now understand that it will happen when they enter into the trade and they are patient. The ways to be sure it doesn't happen all the time or that it starts taking profit after a little while is that you need to be patient to enter at the right time. That happens as charge. Brokers make their own money from there when you enter the trade.

Apart that 200MA is for specific on longtime trading , MA is showing over bought and oversold lines and shows resistance and support at same time. So I suggest that RSI will help you as a confirmation for your trade. For reference you can learn about the indicator in babypips, they explain better about the indicators and how you can use them.

What you need is hard work and looking at the things that you have mentioned you can achieve them if you have passion for trading but if you don't you may not find the interest to keep going along the line. You need to study alot, read and watch videos but above all that you learn you will need to do your practice yourself. I wish you the best as you journey into learning the trading skill.

These indicators mentioned take some time to be understood. They are not just indicators that we can fly into and understand within few days of trading. MACD itself is a little difficult to be used., it takes time because of its make up and not everyone like to use it. I prefer RSI and MA to make my trading a little lighter for easy analysis.

That is what JOMO do. When your coins that you want to buy goes higher, you feel bad for missing out but when the dump happen then you feel happy .  I think the altcoins are not the only coin that can dump because bitcoin itself happen on that most times but the difference is that in the case of bitcoin, it reverts faster than altcoins.

When the market is looking confusing, it is a sign that something is going on either wrongly or rightly and that depends on who is getting the favour, at this time it may be the whales doing the manipulation. At this time around it is better to stay outside if you don't understand it or you have made first loss you can caution yourself not to keep doing same mistake.

I think there is the risk of sight. A trader especially day trader and scalper are use to being under watch of their trade orders and that is meaning staying under the rays of the phone screen or computer/laptop. So this is an effect, even at the moment if you don't use glasses as protection, you are at risk.

If scalping is easy profit then every trader will choose to be a scalper. No trading style is easier to make profit. If a trader feels scalping generates profit more than other style, it is better to adopt it. Scalping has an advantage because you can quickly exit the market when price reverts and direction change. A swinger may not have time to always check what is going on in the market.

With the explanation from OP on JOMO , Joy of missing out , when you change your your mind of a trading order and stay out and you the next hour you see direction of price against your earlier position that would have ended you in lose, you are likely to be happy for staying out.

FOMO as you know is fear of missing out. This is opposite of JOMO kind of. In FOMO , you enter an order hoping for profit rather than staying outside. Anyway in FOMO you may lose or gain depending on the eventual direction.

The effect of the war on bitcoin may not be felt instantly, it is a gradual process but I think it will have a little change as the time go because now that Russia has made it a legal status, this will encourage hodling in bitcoin , rubie is dropping and Russians don't have easy access to dollar this can push more Russians to convert to bitcoin and do their transaction because it is decentralised and no restriction.

This can be funny I think if you don't trade then you also don't make profit. You don't keep looking at your money and expect profit to come, you must take the risk of making order if you are a trader. Trading is not easy and not for everybody to go for it. A trader makes money if they make order which can be for profit or loss. Therefore you learn better, study harder , there are different videos to watch and you can be strong to take the risk.

I think in early 2021 the price was around that but within the second quarter and third quarter it went very high. Bitcoin price has moved far from the last bear in 2020 that it was trading below $5,000 but yesterday, today too the price has gone to $41k. This is positive since it is fluctuating between $41k and $40k for a week so far.

I'm not use to the exchange you mentioned but I think if you have an order open or running for 74hours, your swap charge is going to be for 74 hours or three days as that may be the case depending on the exchange. The fees are in percentage to your trade order and usually the fees are rolled over, what you pay for lower hours are not the same with higher duration.

This is a good analysis of JOMO as I understand with OP but as I trader, you have no need of JOMO because you will soon take a wrong decision that will trap you inside it and depending on how deep you fall, you  may get out faster or sink further. Every time in trading we experience both JOMO or FOMO. This is certain to be so with our trading.