Idrisu (OP)
|
|
September 06, 2017, 07:38:05 AM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
|
|
|
|
NS-Soul
Full Member
Offline
Activity: 497
Merit: 110
arcs-chain.com
|
|
September 06, 2017, 07:50:29 AM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
Buy low sell high is the formost basic needed in trading. Like you said that candlesticks ,macd etc that is the more needed to be learned by a trader. honestly im almost 6-7 months doing a trade but i didn't heard it until i read that in some mentions in some replies.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
September 06, 2017, 07:51:56 AM |
|
Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
This is quite effective when you are slow trading (i.e buy at x price today, and sell at y price next week/month), but not so much if you are day trading - blindly buying yourself into whatever level will then result in severe losses. Slow trading and day trading can't really be but in the same category, as the latter mentioned requires a well balanced combination of proper market understanding and analyzing skills, and we shouldn't forget that luck is involved as well. That being said, even this slow trading method is something that a lot people don't seem to get right. Emotions are people's worst enemy when it comes to trading, and this will always play an important role for a lot people here - it makes even the most simple things a massive obstacle for them.
|
|
|
|
jorrit
Newbie
Offline
Activity: 41
Merit: 0
|
|
September 06, 2017, 07:56:11 AM |
|
How to tell "high" from "higher"? That is tricky bit. This strategy is fully dependent on the trend of BTC going up. If it would go down of longer period your strategy won't work.
|
|
|
|
omonuyak
|
|
September 06, 2017, 08:13:00 PM |
|
Many people did not know this simple trading secret actually but this is what professional stock and commodities Traders relaid on to succeed in most of they trading career. Many people from this forum has been cry wow for not following this simple trading principle but always buying low and sell lower or buy high and sell low and in the process lose Significant of they risk capital. You don't need much secret than train yourself to follow this reality.
|
|
|
|
l3pox
Legendary
Offline
Activity: 2716
Merit: 1173
There's no need to be upset
|
|
September 06, 2017, 08:57:45 PM |
|
the reality is that reality is morphing all the time. high today is not high tomorrow anything can change.
many things are easier said than done. sometimes what is there is there and enough
it's a matter of dancing with the energy.
|
| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
|
|
|
Baofeng
Legendary
Offline
Activity: 2786
Merit: 1681
|
|
September 06, 2017, 10:00:39 PM |
|
Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
This is quite effective when you are slow trading (i.e buy at x price today, and sell at y price next week/month), but not so much if you are day trading - blindly buying yourself into whatever level will then result in severe losses. Slow trading and day trading can't really be but in the same category, as the latter mentioned requires a well balanced combination of proper market understanding and analyzing skills, and we shouldn't forget that luck is involved as well. That being said, even this slow trading method is something that a lot people don't seem to get right. Emotions are people's worst enemy when it comes to trading, and this will always play an important role for a lot people here - it makes even the most simple things a massive obstacle for them. I agree, this is more of a investing for long haul rather than day trading. Usually, day trading requires a lot of risk in the side of the trader because you have to monitor even the small price fluctuations to really profit otherwise you will be trap as well. So you have to thoroughly study the market before making your move. So its very tricky. However, "buy low sell high" is still the norm and have been followed by almost all of us, including me. Its just get complicated one you gain experience and look at the graphs like candlestick, stochastic ossilarator and other indicators as the OP has mentioned. If you don't like things to be very complicated on your end, just stick to the old adage of Buying low and selling high.
|
RAZED | │ | ███████▄▄▄████▄▄▄▄ ████▄███████████████▄ ██▄██████▀▀████▀▀█████▄ ░▄███████████▄█▌████████▄ ▄█████████▄████▌█████████▄ ██████████▀███████▄███████▄ ██████████████▐█▄█▀████████ ▀████████████▌▐█▀██████████ ░▀███████████▌▀████████████ ██▀███████▄▄▄█████▄▄██████ █████████████████████████ █████▀█████████████████▀ ███████████████████████ | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ███████████████████ | RAZED ORIGINALS SLOTS & LIVE CASINO SPORTSBOOK | | | NO KYC | | │ | RAZE THE LIMITS ►PLAY NOW |
|
|
|
soham
|
|
September 06, 2017, 10:12:09 PM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
I don't think you have said anything new. Buying low and selling high is the basic method of trading and make money. What rocket science in it and why would an adult will not know this? Everyone knows this basic method of buying low and selling high. The other things like candlestick, stochastic oscillator you have mentioned are not part of trading. Rather these are prediction model for the traders. These are used to speculate about the market dynamics and nothing else. Of course, technical analysis is not a must have knowledge for traders but it is a good to have knowledge.
|
|
|
|
MiXxe
|
|
September 07, 2017, 01:15:43 AM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
I don't think you have said anything new. Buying low and selling high is the basic method of trading and make money. What rocket science in it and why would an adult will not know this? Everyone knows this basic method of buying low and selling high. The other things like candlestick, stochastic oscillator you have mentioned are not part of trading. Rather these are prediction model for the traders. These are used to speculate about the market dynamics and nothing else. Of course, technical analysis is not a must have knowledge for traders but it is a good to have knowledge. Professional traders will not definitely say their secrets. The buy cheap and sell high is the common term we use to say in trading and what newbie don know is the advance tools or analysis use to have a better prediction. Candlesticks and other is part of trading and it is use especially for the professional traders.
|
|
|
|
viralz
|
|
September 07, 2017, 08:03:56 AM |
|
I loose quite lots even using slow trading, currently I prefer to buy promising token and I HODL it.
The secret is actually to predict the mass response to update/news
|
|
|
|
okala
|
|
September 07, 2017, 10:32:40 AM |
|
Candlestick formation is to inform you if the price is high or low based on its formation over time. If you know when to buy cheap and when to sell high without following some indicators it then mean one is a wizard in trading. Buying low and sell high is one of the trading secret but you must understand that for you to buy low technical indicators is what gives you alerts of what is about to happen and the position of pricing.
|
|
|
|
romero121
Legendary
Offline
Activity: 3038
Merit: 1214
DGbet.fun - Crypto Sportsbook
|
|
September 07, 2017, 10:48:27 AM |
|
Nothing seems to be a secret for users who have gained good experience. With bitcoin, experimenting with small capital investment will get us profit along with good knowledge about the price moves. This will help us grow higher and reach next levels of advancement. At the same here too, the professional secrets don't play big role, but the luck plays an major role.
|
|
|
|
naidray
Legendary
Offline
Activity: 1232
Merit: 1029
|
|
September 08, 2017, 07:33:07 AM |
|
Nothing seems to be a secret for users who have gained good experience. With bitcoin, experimenting with small capital investment will get us profit along with good knowledge about the price moves. This will help us grow higher and reach next levels of advancement. At the same here too, the professional secrets don't play big role, but the luck plays an major role.
Yeah there is no secret at all which professional. It’s all about the experience, market intelligence and a little bit of luck for the user that enables him to get maximum profit he can gain. So, one should start from a minute capital investment and then go for higher investing options and start trading by using his intellectual experience.
|
|
|
|
Ponylon
Member
Offline
Activity: 126
Merit: 10
|
|
September 08, 2017, 08:39:31 AM |
|
you've never lost a trade using that "strategy" because you're in a BULL market
when Bitcoin matures and volatility will decrease you will most likely find it more difficult to make a profit..
|
|
|
|
metenjean
|
|
September 08, 2017, 09:23:14 AM |
|
How to tell "high" from "higher"? That is tricky bit. This strategy is fully dependent on the trend of BTC going up. If it would go down of longer period your strategy won't work.
Now this is a good question, how to define that traditional strategy. If you are a long term investor then buy low and sell high will definitely do you a favor, and also i tend to buy higher when the price breakout a psychological price, why not compounding when you are riding the trend? you've never lost a trade using that "strategy" because you're in a BULL market
when Bitcoin matures and volatility will decrease you will most likely find it more difficult to make a profit..
And this is also the truth, since its the bull market and the price most likely will go up then any buy position will definitely make you some profit and its only depends on when. When will the bulls stops? Until then i think you better gain more experiences in handling the market. Cheers !!
|
|
|
|
holdingkrypto
Jr. Member
Offline
Activity: 59
Merit: 10
|
|
September 08, 2017, 09:37:31 AM |
|
Lol that's easy to say But those instruments actually are for helping you to know when is high or low.
|
|
|
|
hasmukh_rawal
Copper Member
Full Member
Offline
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
|
|
September 08, 2017, 01:49:20 PM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
Yes Idrisu, i knew about this principle and even i follow this rule of Buy the low and sell the high in every trade i place. I have been working on this principle quite few years and even i have been making decent money. The only thing you need to look after is your emotions and discipline,if that is good then even a simple moving average works well provided you know it in detailed manner.You said true,i agree with you that professional are trying to misguide us by introducing many various things, but we need to control us and follow the simple rule of buy low sell high.Trading is simple so we need to follow simple rule than going for complex rules.
|
|
|
|
Dart315
Member
Offline
Activity: 122
Merit: 12
|
|
September 08, 2017, 04:08:32 PM |
|
The ad online and on social medias are made and promoted in a way that keeps amateur traders from this simple trading reality. Many people could not even come down to thing that the is no different between bitcoin trading and traditional business but there are only focusing they mind on were to get one secret or the other. Promoters will like to divert your attention so they can keep making money from your so said ignorant! You don't need much skills to succeed in bitcoin trading what you need is to control yourself to buy low and sell high. No deep secret of candlestick, stochastic ossilarator, macd, bolligoband and others technical indicators is necessary. Just buy low and sell high. I have never lose a single trade follow this simple traditional business principle.
Buy low sell high is the formost basic needed in trading. Like you said that candlesticks ,macd etc that is the more needed to be learned by a trader. honestly im almost 6-7 months doing a trade but i didn't heard it until i read that in some mentions in some replies. How much did you make after your 6-7 months?
|
|
|
|
ekoice
|
|
September 08, 2017, 05:17:51 PM |
|
Professional traders don't get panic at any time.They do just two or three trades a month and earn more profits than newbies who do atleast thirty trades within a month.They follow each and every movement of the market and judge correctly when the price would rise and fall and decide according to it.They don't even pay attention to FUD and don't follow the market blindly.They do their own analysis.You could even follow the rule given by warren buffet,"Buy when every one is selling in panic and sell when every one is buying".
|
|
|
|
BitMaxz
Legendary
Offline
Activity: 3444
Merit: 3175
Playbet.io - Crypto Casino and Sportsbook
|
|
September 08, 2017, 06:32:25 PM |
|
Buying low and sell high is just a basic.. but its not only just like that in trading you need to added some secret sauce in order to make a good profit for every time price movement increase or decrease you should know about how much bitcoin or percentage only you sell and don't sell them all because you don't know if the price will increase more or not. if you are just follow the basic strategy buy low and sell high expect that you will never buy back again if the price is continues to increase and you will wait for the huge dump before you can buy it is just like whales doing they are giving fake news and let other people to panic sell so that whales can buy a good price of bitcoin and sell them if they already made a good profit.. just portion of your bitcoin when you are selling is enough and save profit and if the price was increase you still have bitcoin to sell ..
|
|
|
|
|