Latest posts of: Peaceandlove!

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on: March 22, 2021, 10:08:54 PM

Quote from: Hamphser on March 22, 2021, 08:54:45 PM Quote from: Peaceandlove! on March 22, 2021, 05:50:18 PM Btw. Guys thanks for all of the knowledge . I wanted to respond to every one of you, however, it would mess the whole topic (which partially does, do apologize for it ). Go ahead! When you do like to respond and making up more further discussion then theres no such thing about messing up the topic.People would really be making out discussion or own opinions and this is the sole purpose on why forum does exist on the first place. Good for you that you do able to get some idea and knowledge about those responses above.If you do look that this one already answered out or do able to clear up then better lock this thread. For the topic on asking if day trading is worth it then yes it is but it wont really be that simple. S/O to the group. Btw. what about you are you a day trader or swing/hodl?

on: March 22, 2021, 05:50:18 PM

Btw. Guys thanks for all of the knowledge . I wanted to respond to every one of you, however, it would mess the whole topic (which partially does, do apologize for it ).

on: March 22, 2021, 05:33:14 PM

Quote from: Innerpumper on March 22, 2021, 01:50:43 PM i often do daily trading. it's easier for me, compared to scalpers who have to continuously wait in a few minutes. day trades only buy and hold and the target will be higher. What is your current return?

on: March 22, 2021, 05:04:34 PM

Quote from: Scripture on March 22, 2021, 01:20:13 PM You’re putting too much emotion with your trades, and this is also why many are losing money in trading and most of them stopped on trading. I’m not into day trading because of my work so I prefer a medium to long term trading which I can easily analyze the market on a larger time frame. If you’re still not ready for day trading then don’t do it, just imagine how much you can make in medium to long term trade compare to day trading, again this is all depends on your strategy. Thank you for your answer and advice. I would like to put money aside for a long-term view as well! (btw. yeah I was emotional and still, I am...nevertheless I learned my lesson and I have to separate it from trading! )

on: March 22, 2021, 04:55:01 PM

Quote from: tvplus006 on March 22, 2021, 12:56:52 PM Quote from: Peaceandlove! on March 22, 2021, 11:24:29 AM My journey began at the beginning of the pandemic. My portfolio was growing and I was in a state of euphoria. I assumed, that trading was really easy and instead of sticking with my initial plan (long-term investing) I got to shorting/trading a lot. Yes, I lost the battle .... If you do not have the knowledge and experience, then using day trading you will definitely lose your deposit. In such cases, it is better to stick to investing for the long term, leaving the minimum part of the deposit to gain experience in day trading, while simultaneously gaining knowledge about trading. Thank you for your advice. I have to gained it !

on: March 22, 2021, 04:43:45 PM

Quote from: NeuroticFish on March 22, 2021, 12:03:53 PM Quote from: Peaceandlove! on March 22, 2021, 11:24:29 AM Since then I have read studied books/watched videos and I come to conclusion from Socrates: I know that I know nothing. If you have reached this point, you are doing super great, and I mean it! Quote from: Peaceandlove! on March 22, 2021, 11:24:29 AM I am talking about the path of naked charting/indicators/patterns. I was lucky enough to stay on (a tiny) profit while I've "played" day trading, until the point I understood that I know nothing and that I'm doing it wrong. And I've stopped. If you want to "continue the fight", be careful. There's something people keep telling and I find it very true: TA alone is not enough. TA alone can trick you very easily. You have to be connected to all the news and rumors, whether it's from crypto, or politics or finances. And then you have a chance. And never forget the main 3 rules: 1. Only play with money you afford to lose (eg. not credit money) 2. Stick to the plan (don't be greedy, don't panic, ...) 3. Always have a safety net (eg. stop loss) I do agree with you. Do you like to keep track of on chain analysis? When did you day trade have you used 1%trading rule, was it something else, or just play money? Thank you for your answer!:)

on: March 22, 2021, 04:30:49 PM

Quote from: Darkelf11 on March 22, 2021, 11:55:44 AM Hello mate, I think this is worth it right now I'm doing with a daily trade not too much capital but more risky it depends on the coin I want to trade but mostly I go in through Bitcoin and ethereum. I want to share that I'm using the Bollinger bands and the RSI just going for daily trade and also with the binance and using the isolated trading I easily manage the potential trade I want and the profit I need. Also good to set a goal every time you trade and make a cut loss to avoid burning your funds. Good luck to your journey. Could you go with me through your evaulation. This is only my thought process, therefore tell me what could go wrong. 1. I assume, that you will chcek daily chart first and see where is potentional support 2. Check for order block on 4 hours 3. Check for RSI (around 30 long) (70 short) 4. Check bollinger band for stop loss (I am really curious about your stop loss. Is it bellow the bollinger band if you are going long?) 5. Take profit in upper part (are you aming for taking partial profits or is it all or nothing? 6. Do you have a time stop? Let´s say day trade therefore I am going to be in trade for 24 hours, if I am not going to reach my target I am out ? Btw. Thank you for sharing your knowledge!

on: March 22, 2021, 04:19:41 PM

Quote from: bolawin on March 22, 2021, 11:50:39 AM i hear RSI is good indicator https://www.youtube.com/watch?v=dQw4w9WgXcQ thank you for the advice. I read day trading for a living from Alexander Elder. It is a great book about indicators!

on: March 22, 2021, 11:24:29 AM

Hello guys, how are you? It is nice to meet you! My journey began at the beginning of the pandemic. My portfolio was growing and I was in a state of euphoria. I assumed, that trading was really easy and instead of sticking with my initial plan (long-term investing) I got to shorting/trading a lot. Yes, I lost the battle , however, I don´t want to lose the war, therefore I have started study a lot and I got to the point: Since then I have read studied books/watched videos and I come to conclusion from Socrates: I know that I know nothing. My head is spinning from all of the information and I am lost because I really don´t know what path should I take. (don´t get me wrong I don´t want to switch out from trading, I made my promise and I am trying to reach out to people who are more experienced than me). I am talking about the path of naked charting/indicators/patterns. After all, I know this may sound silly as hell, but I truly believe in a reality where we have traders who make on consist basis between 10%-20% in a month. If anyone can share their strategy, I am one ear. I am really curious how are you evaluating your trading ideas, what is the process, and what are your rules what type of traders you are? If anyone could explain their strategy on day/swing/scalp/position you will make my day At least I tried it Have a beautiful life, peace and make them gainz!

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