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June 03, 2018, 05:14:01 AM |
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Hello Guys,
I just see a thread to complain for T.A as it doesn't work, the OP says his indicator is using RSI. Just to say that one indicators in trading will be not enough, it needs other indicator to confirm. This indicator is usually used by traders to be considered, but how investors?
For investors, the most important thing is the project profile. If the profile has fundamentally good feasibility, investors will not to too care for up and down of the price in short term such as around 1-3 months as they are looking into return for minimum 1 year. What to be considered by investors are: 1. In the beginning is the project profile including Scam filter 2. The progress of road map achievement 3. Marketing efficiency and effectiveness
Consideration for Short Traders are TA and Fundamental analysis, usually fundamental analysis will form a heavy effect for the price then the traders should apply the position carefully and need to be as earlier as possible to receive the news whether it is pump or dump. During this fundamental, TA analysis shall be forgotten for a while until there are no news effect.
For Swing traders, this is most similar with investors but shorter time of payback period. They need to consider project profile but also to consider latest movement of the price in the chart. Swing traders usually do a transaction for around months such as between 1-6 months, what they do in that time are: 1. Waiting strong signal to enter the market 2. Waiting the time to reach their target price
For swing traders, simple indicator such as moving average will work while to see chart pattern and also the progress of project to reach road map.
If you have other consideration, please share it here.
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