harleymasters
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November 13, 2018, 08:46:30 AM |
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I usually use the MA 100 and the MA 50. Look out your way also looks very useful for the short candles. Thank you for your sharing, I will refer to in your next post! Good luck!
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justspare
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November 16, 2018, 07:46:41 AM |
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This trading tips are good, but i think it's not enough for successful trading. For successful trading u should learn more tips. I advise you to study PA (price action)
Price action is not the only thing you will need to know, as there are basically some other things that you will always need to correlate with the price action to see if the market is actually going to be having some possible reversal, but all that should be in a single strategy. Most times, I make use of momentum indicators, trend indicators and then now utilize that with price action on some support level. One way or the other, it makes the idea of making strong case on your decision to be effective, but notwithstanding, always make sure your strategy includes a stop loss. Markets are not always predictable as conditions can easily change, which can still end up affecting a lot eventually.
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dvdrewritable
Member
Offline
Activity: 280
Merit: 13
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November 16, 2018, 09:12:31 AM |
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Thanks, mate for your helpful tips, your tips really amazing I was thinking to join the trading and I must follow your valuable tips for sure. I would like to suggest your tips to new people who are interested to participate in trading. I hope your idea will work properly.
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Gibreil
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November 16, 2018, 02:18:04 PM |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Thanks for sharing the tips Friend. 👍👍 Which trading pair do you always choose for trading? And what is your favorite timeframe for graph(eg,30 mins or 1 hour?)? The trading pair is good at btc because it is more accurate and easily to know the price than dollar. When it comes in timeframe, it depends on your strategy and plan. Some people caught the best time to buy during 30 minutes interval and others see the price action at a day interval. Its up to you because you must know first when will you enter and exit in the market.
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Omega Weapon
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November 16, 2018, 10:29:25 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
While it is true that to become a very successful trader you need a huge amount of experience and the right instincts, trading is a science, it is very easy to know that is the case because when you see the Nobel Prize of economy most the time you're going to see mathematicians that have created a new way to describe the economy and they use their formulas to make money in the markets.
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Maslate
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November 21, 2018, 08:27:01 AM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
While it is true that to become a very successful trader you need a huge amount of experience and the right instincts, trading is a science, it is very easy to know that is the case because when you see the Nobel Prize of economy most the time you're going to see mathematicians that have created a new way to describe the economy and they use their formulas to make money in the markets. That's is gonna be your skills that will help you to become successful. Trading is hard if you are not really into it, because if you put your passion on trading, you will definitely be able to improve yourselves that will help you to reach success.
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R |
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anitaraymonds
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November 21, 2018, 09:55:58 AM |
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Thanks for your speculative effort. What you expose high is technical analysis and almost all the veteran traders agree that combining both technical and fundamental analysis remains the best and most profit-oriented trading strategy. Where is your fundamental analysis to complete this strategy. Try and give us a review of this strategy and includes the fundamental analysis.
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Kotone
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November 21, 2018, 01:27:52 PM |
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There is no universal strategy. Market is different eavery day. If we are first day in bear market each dump will be instantly eaten (at liest in 60% before dumping further) by traders buying deep because it is consider as promotion. After few days in bear market each dump will stay there because averege investor is to scared to jump in and each dump is consider not as promotion (sale) but as confirmation that we will never come back. Thats just a sily explenation why there is no universal strategy for daytrading.
Market is different in bear market, in bull market, in stagnation, in first day of bear market, in fifth day in bear market, after 5% dump, after 50% dump, or when new whale just come to trade here, or when new whale just came here to invest long term.
You need to gain experience. Cut lossos. And take as much profit as market gives you. Dont set stiff take profit alwais 0.x %. If market is not acting like you thought (not eating dumped price pushing it up) dont stay on that trade. There is no need to w8 for price to hit stoploss. If it is not bouncing chance that is will bounce is getting lower and lower. Leave to next trade. Even if it will eventualy go up you didnt do nothing wrong. You cant be alwais right.
Ofcourse there's no universal strategy or you can say applicable to all one. But there's this "system" that you should definitely try in most of your trades to test if it can give you as higher change of gaining as possible. And yes this comes really with discipline and shitloads of experience. At the end of the day the real universal strategy is yourself. Your trade, your rule.
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Boys27
Full Member
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Activity: 329
Merit: 100
The Exchange for EOS Community
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November 21, 2018, 01:40:53 PM |
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Thank you for sharing information about trade, but I think crypto trading is very difficult, maybe patience is needed and keep learning to improve skills in trade, but I believe we can all succeed in trading.
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passivebesiege
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November 21, 2018, 04:33:01 PM |
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Thank you for sharing information about trade, but I think crypto trading is very difficult, maybe patience is needed and keep learning to improve skills in trade, but I believe we can all succeed in trading.
Trading is not easy and very risky which requires better learning. This can be useful to anyone here but it's not easy to do that kind of strategy because we know that the market is changing everyday.
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Julunguul
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November 21, 2018, 05:30:45 PM |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Thank you for sharing trading tricks, but can this trick be used in all market situations and conditions ? for example, the market is in a downtrend or the possibility of a decline from the market is still quite large. You should state the conditions and other external conditions that support this trick so that it can be used
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EXtremeAEX
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November 21, 2018, 07:42:04 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
Trading and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine." OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure. In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ... Thanks to the author for describing such a simple and understandable strategy!
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EDR
Jr. Member
Offline
Activity: 194
Merit: 1
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November 21, 2018, 09:29:42 PM |
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For newbies it can be useful. I found the Velvet.exchange exchange, it contains the basics of trading, courses, news of this direction, various options for strategies and much more. There is a demo version to try your trading skills without risking real money.
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hubballi
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November 21, 2018, 09:33:37 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
Trading and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine." OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure. In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ... Thanks to the author for describing such a simple and understandable strategy! This types of study only work for some time ,but when the market wants to dump, then this trading signals also fails and you would make loss. I agree that in trading you should follow the signals but also you should know the trend and some instincts also work in it.
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joromz1226
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November 21, 2018, 10:08:15 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading.
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EXtremeAEX
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November 21, 2018, 10:33:45 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
Trading and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine." OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure. In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ... Thanks to the author for describing such a simple and understandable strategy! This types of study only work for some time ,but when the market wants to dump, then this trading signals also fails and you would make loss. I agree that in trading you should follow the signals but also you should know the trend and some instincts also work in it. Instincts must always be verified and confirmed by facts, otherwise trading runs the risk of becoming a game of luck. In my opinion, this is unacceptable if we are talking about a serious approach to trade. After all, you must agree that hoped that the price of the coin you bought will soon grow up, because the “instinct” suggested to you, somehow childishly. After all, even if the inner sense tells you that you need to buy some kind of coin, then before buying it is necessary to analyze the price of the coin. And how can it be done if the trader doesn't know basic things? I agree that technical analysis often doesn't work. In the crypto world, news and whales plans have a huge impact. But only knowledge and a keen mind will help to get a permanent profit here, and not instinct and luck.
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Firefox07
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November 21, 2018, 10:37:51 PM |
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Its not good when you only rely on our instinct when we are into trading. I think it will only lead us to bankruptcy if we rely only on our instinct. We shoould know all the things we need to know when we are into trading. Knowledge plus allot of luck will give us good profit.
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kotajikikox
Full Member
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Activity: 2422
Merit: 214
★Bitvest.io★ Play Plinko or Invest!
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November 21, 2018, 11:42:07 PM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
I agree instinct and experience is the best teacher in trading, they teach all mistakes analization of the trader, how to make correct decision for their trade work, luck is additional benefits of the traders to earn huge of profits.
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Nellayar
Full Member
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Activity: 868
Merit: 185
Roobet supporter and player!
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November 21, 2018, 11:43:48 PM |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
One of the best indicator to be used in trading is MACD or Moving Average Convergence and Divergence. I just don't know how it works in cryptocurrency because I saw it is use in Stock Exchange. A lot of things that crypto and stocks have differ. In fact, there are more high volume of trades when it comes in stocks than crypto specially the new coin from exchange.
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Omega Weapon
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November 28, 2018, 03:05:02 AM |
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for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
You are actually right on this that Trading is not that easy to get the catch of it. Even the old traders here up to now they didn't understand well and don't know the technique of how to use it correctly, especially if you had no idea to read the chart in the platform you are using it, particular when traders are taking action when the price is moving. So, I agreed that if you know how to read the candle stick it will really give us a way for us to earn in trading. Trading is extremely difficult and it becomes even more difficult when trying to trade bitcoin or any other cryptocurrency because the variations in the price are incredible, in the stock market to see a change in the price of 5% it could take you a whole day and sometimes weeks, but in the market of cryptocurrencies such movements can happen in a time span of minutes.
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