Bitcoin Forum
December 13, 2019, 12:34:55 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 8 »  All
  Print  
Author Topic: WHAT DOES A TRADER NEED?  (Read 696 times)
huige007
Sr. Member
****
Offline Offline

Activity: 751
Merit: 252

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 08, 2019, 11:43:34 PM
 #101

quite simple, which is reading the news and looking at candlesticks.
reading the news is the most important in my opinion. whatever the news, usually will have an effect on market movements even if only briefly.
practice it directly by adjusting the settings on the candlestick and place buy/sell positions, and also do not forget to always use Stop Lose and Take Profit.
For a trader, the most significant thing is to keep himself up to date. He must stay with the changes and predictions. This will certainly help him in taking right decision at right time. Moreover, he should also be able to differentiate between fake and real news. Other than that, he need to implement that knowledge as you said in a way that the basic rule of selling high, buying low gets fulfilled.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
1576240495
Hero Member
*
Offline Offline

Posts: 1576240495

View Profile Personal Message (Offline)

Ignore
1576240495
Reply with quote  #2

1576240495
Report to moderator
1576240495
Hero Member
*
Offline Offline

Posts: 1576240495

View Profile Personal Message (Offline)

Ignore
1576240495
Reply with quote  #2

1576240495
Report to moderator
1576240495
Hero Member
*
Offline Offline

Posts: 1576240495

View Profile Personal Message (Offline)

Ignore
1576240495
Reply with quote  #2

1576240495
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
hahay
Legendary
*
Offline Offline

Activity: 1862
Merit: 1033

yolodice.com


View Profile WWW
November 09, 2019, 12:00:20 AM
 #102

quite simple, which is reading the news and looking at candlesticks.
reading the news is the most important in my opinion. whatever the news, usually will have an effect on market movements even if only briefly.
practice it directly by adjusting the settings on the candlestick and place buy/sell positions, and also do not forget to always use Stop Lose and Take Profit.
For a trader, the most significant thing is to keep himself up to date. He must stay with the changes and predictions. This will certainly help him in taking right decision at right time. Moreover, he should also be able to differentiate between fake and real news. Other than that, he need to implement that knowledge as you said in a way that the basic rule of selling high, buying low gets fulfilled.
In this case the main point is to synchronize the updated news and the candle itself, when you can make both of them have a uniform path then the possibility of the news does have an influence on the movement that might occur next. In trading we are not only able to focus on one point, for example news or other things, because at least there will be other factors that will make trading even better with many references obtained.

drachman
Sr. Member
****
Offline Offline

Activity: 700
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 09, 2019, 02:23:29 AM
 #103

But in short, tradingview is enough for ta. Just keep it simple, too many indicators is just making decision executing slower.
I can agree with that. I quite often see crypto TA influencers on social media clutter their charts with lines, moving averages, volume profiles, and so on.... how can one not get confused by so many indicators?

I use a few indicators that work for me and keep my chart clean to not lose sight of the actual sentiment and trend within the market.... the more you clutter your charts with lines and indicators the more insecure you are as trader.
Most likely they do this to seem smart, a newbie looking at that many indicators may seem impressed by the skill of the trader in the video but we know better. And there is an even more important reason, if you combine enough indicators you may come to a combination that seems to predict the market with perfect accuracy, this is called overfitting and for the inexperienced trader this may seem like he has found the perfect system, but his system only predicts the past and cannot predict the future.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
davinchi
Legendary
*
Offline Offline

Activity: 1750
Merit: 1035



View Profile
November 12, 2019, 11:54:22 AM
 #104

As a trader, the most important thing you need is not to be greedy. Its no news that coins will appreciate and depreciate. So you must learn to take your profits even with low percentage. It doesn't have to be 100% increment before you take your profits.

You also need to stay abreast of rise and fall of the prices. A good internet facility to track rise and fall of prices is fundamental.
People have greed in them naturally, but ability not to control is s what becomes a problem, and this is why many analyst would advise that before getting into a trade, we have to learn to always try to control our emotion first at any point in time, if we can control our emotion about greed, then I doubt if there is any increase opportunity that will pass a trader by, and if we find  it difficult to control our emotion, I think that there has been lost of tools that has been created like that of stop loss and take profit that can assist us in learning how to control our greed if we can always set It.

When I first started my own trade too, I found it very difficult to really control my greed, and pending the time that I was learning to naturally control it, it was this stop loss and take profit tool that I was using.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
suzanne5223
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 292



View Profile
November 12, 2019, 11:03:44 PM
 #105

As a trader, the most important thing you need is not to be greedy. Its no news that coins will appreciate and depreciate. So you must learn to take your profits even with low percentage. It doesn't have to be 100% increment before you take your profits.

You also need to stay abreast of rise and fall of the prices. A good internet facility to track rise and fall of prices is fundamental.
People have greed in them naturally, but ability not to control is s what becomes a problem, and this is why many analyst would advise that before getting into a trade, we have to learn to always try to control our emotion first at any point in time, if we can control our emotion about greed, then I doubt if there is any increase opportunity that will pass a trader by, and if we find  it difficult to control our emotion, I think that there has been lost of tools that has been created like that of stop loss and take profit that can assist us in learning how to control our greed if we can always set It.

When I first started my own trade too, I found it very difficult to really control my greed, and pending the time that I was learning to naturally control it, it was this stop loss and take profit tool that I was using.
I believe the major problem crypto traders had was lack of knowledge and aware of new occasions about the market cause even when greed and emotion took over a trader, knowledge is enough to make the trader thrive and avoid loss. However, a lot of trading tools were indeed implemented to make a profitable trade but the last time I check those tools still need some unique setting before it could operate perfectly.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
WINDICE████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
██████
██████
███
███
███
███
███
███
███
███
███
███
██████
██████
.Play Now.██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
rodel caling
Full Member
***
Offline Offline

Activity: 868
Merit: 101


★777Coin.com★ Fun BTC Casino!


View Profile
November 12, 2019, 11:23:05 PM
 #106

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!



The list above you mention is best tools answers in your own question I add in your list as your guide as trader decision making is the best way tools also as trader always decisde yourself independently.



quite simple, which is reading the news and looking at candlesticks.
reading the news is the most important in my opinion. whatever the news, usually will have an effect on market movements even if only briefly.
practice it directly by adjusting the settings on the candlestick and place buy/sell positions, and also do not forget to always use Stop Lose and Take Profit.



Exactly mate monitoring the everyday the latest market trend news is very important needs as a trader to analyst the narket situation how to make decisions buy potential coins to get earn.



jcpone
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
November 12, 2019, 11:52:47 PM
 #107

Reading in the forum most of the time can give surely an additional idea and knowledge about in trading, aside from keeping yourself update in any of the crypto news site. And as a trader you need to know also the proper attitude when you are in the actual trading platform too. and I think watching tutorial also might give you also a good idea too.

██████████████████████████████████████
████████████████████████████████████████
██████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
███    █████████████████████████████████████████
████    ██████████████████████████████████████████
█████    █████████████████████████████████████████
██████      █████████████████████████████████████████
███████      ████████████████████████████████████████
███  ████      ███████████████████████████████████████
███    ████      ██████████████████████████████████████
███      █████    █████████████████████████████████████
████      █████    ████████████████████████████████████
██████    ██████    █████                    ███                               
████████    █████    ██████          ██████████                       
██████████    ████        ████    ███████████████                 
████    ██████  ████        ███████████████████████       
█████      ███████  ████      █████████████████████████
    ██████        ██████    ███      ██████                                  █
█████████      ██████                █████                         
█████████████                    ███████                       
████        ████████      ██████████                     
██████████████      ███████████                   
██████                  ███████████                   
██████████    ████████████               
█████        ████████████             
███        ███████████           
████    ███████████             
████    █████████                 
███      ██████                   
████    █████                     
████  █████                   
█████████                 
████████               
███████             
█████     

FREELANEX

BLOCKCHAIN MEETS FREELANCERS' NEEDS

▬▬▬▬▬▬▬❰ Facebook TwitterTelegram  LinkedIn Reddit ANN ❱▬▬▬▬▬▬▬▬

X

JC btc
Sr. Member
****
Offline Offline

Activity: 714
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 13, 2019, 07:15:54 AM
 #108

Reading in the forum most of the time can give surely an additional idea and knowledge about in trading, aside from keeping yourself update in any of the crypto news site. And as a trader you need to know also the proper attitude when you are in the actual trading platform too. and I think watching tutorial also might give you also a good idea too.

There's a lot of trading tutorials here and over the internet so there is no excuse for us not to learn trading especially if you really want to learn it. But, we can't learn trading if we will not start now, we should start now or else time will come we will regret for not studying trading at first when we still have time. We can do trading even during our spare time. This forum also helps not only in trading, but also technical discussion when we prefer doing mining too.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
shield132
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 550


In bit we sler, Bitsler


View Profile
November 13, 2019, 08:49:18 AM
 #109

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
Of course you need to read news constantly to keep in touch what's going on around bitcoin, cryptocurrency and blockchain technologies cause sometimes that happens when one hot news like ban of bitcoin in china for example or hack of exchange or one exchange decided to stop withdraw for a while, I want to even remind you the moment when coinmarketcap decided to remove some exchanges from it's platform which affected bitcoin price. So in overall, yes, you have to read news around it.
Platforms/tools help you to create some mathematical analyzes which can also help you in trading cause sometimes charts repeat.
And what do you call trading view? When your ego tells you to buy/sell bitcoin or any other cryptocurrency? Well, I will tell you that luck is also major factor in trading.

drachman
Sr. Member
****
Offline Offline

Activity: 700
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 16, 2019, 03:47:14 AM
 #110

Reading in the forum most of the time can give surely an additional idea and knowledge about in trading, aside from keeping yourself update in any of the crypto news site. And as a trader you need to know also the proper attitude when you are in the actual trading platform too. and I think watching tutorial also might give you also a good idea too.

There's a lot of trading tutorials here and over the internet so there is no excuse for us not to learn trading especially if you really want to learn it. But, we can't learn trading if we will not start now, we should start now or else time will come we will regret for not studying trading at first when we still have time. We can do trading even during our spare time. This forum also helps not only in trading, but also technical discussion when we prefer doing mining too.
While you can find information about how to trade all over the Internet very few of those sharing that information actually trade for a living, so they do not really know what it is needed to make money in the markets, so when you begin to read information on the Internet always ask yourself this question, how does the person that wrote this article earns money? And if the answer is anything other than trading then look somewhere else since the odds you are reading junk information is high.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
jamesndungu1
Member
**
Offline Offline

Activity: 406
Merit: 23

HiveNet - Distributed Cloud Computing


View Profile WWW
November 16, 2019, 02:35:56 PM
 #111

Trading tools and assets to trade  Grin My favorite trading tool i use on a daily Trading View, mainly due to its feature of over 100 indicators and over 50 charts, which allows me to create bespoke charts to suit my trading strategy. Secondly, TradeSanta comes in handy as it helps me make a profit even while I sleep through its ability to automate crypto trading.

HYDAX EXCHANGE ⎈ BOUNTY ⎈ ANN
A Secure, Efficient, Simple Cryptocurrency Exchange
ExchangeFutures & OptionsIEOAPPCommunity

Magkirap
Sr. Member
****
Offline Offline

Activity: 784
Merit: 263


★Bitvest.io★ Play Plinko or Invest!


View Profile
November 20, 2019, 01:01:08 AM
 #112

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
A lot!

But one most important thing for trader is stability of emotion.

No matter how great you are at analyzing with different tools, no matter how long you do a research, mo matter how much time you invested to get experiences, if your emotion is not stable then you might take a wrong decision.
emotion controlling and lot of practice will help us to be good trader.most of traders didnt prepare their self with good skill before join in market.tools just a tool that could not used if trader doesnt understand how this indicator work.if ever heard false signal, it caused by trader that confused with tools utility. I am agree capability in controlling emotion will make us survive in our trading  carreer.

Emotions are going to be a poison for us if we will not control it properly because mostly we will not notice it until we have lost some of our money, controlling emotions will lead us to a better decision in our trades which can help us lessen our loss and indeed no matter how good you are at technical analyzation if your emotions are not stable then you are at risk of losing.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
drachman
Sr. Member
****
Offline Offline

Activity: 700
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 21, 2019, 01:52:45 AM
 #113

Trading tools and assets to trade  Grin My favorite trading tool i use on a daily Trading View, mainly due to its feature of over 100 indicators and over 50 charts, which allows me to create bespoke charts to suit my trading strategy. Secondly, TradeSanta comes in handy as it helps me make a profit even while I sleep through its ability to automate crypto trading.
Those are nothing but accessories, what you need is skill, and if you don't believe me then you should read about the lives of the traders that lived many years ago, before the advent of computers traders needed to draw their own charts and they needed to calculate their own indicators by hand and then draw them by hand as well, and yet many of the theories of those using those very rudimentary tools are still used by people using the most advanced computers available today.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
Vertex_ICO
Jr. Member
*
Offline Offline

Activity: 588
Merit: 8


View Profile
November 21, 2019, 07:20:29 AM
 #114

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!

Tradingview is a good start! But there are definitely other resources and news sources too. Reddit and twitter are always great for news. Just remember to always do your own research.
Claudiu.Pana
Newbie
*
Online Online

Activity: 7
Merit: 0


View Profile
November 21, 2019, 09:33:47 AM
 #115

All the above to determine the sentiment of the market.

But for trading you need (from my perspective) 3 key points to master:
1. Money Management (you need to know how much you going to invest in 1-2-3 trades, knowing your balance, knowing how many hands you can have, knowing how many losses you can take, etc)
2. Risk/Reward (you need to chase trades with a good risk/reward)
3. Discipline (know when to go into a trade, don't rush, don't get sentimental, know when to stop, etc).
conex
Jr. Member
*
Offline Offline

Activity: 262
Merit: 7

crypto enthusiast


View Profile
November 21, 2019, 11:09:27 AM
 #116

Trading tools and assets to trade  Grin My favorite trading tool i use on a daily Trading View, mainly due to its feature of over 100 indicators and over 50 charts, which allows me to create bespoke charts to suit my trading strategy. Secondly, TradeSanta comes in handy as it helps me make a profit even while I sleep through its ability to automate crypto trading.
Those are nothing but accessories, what you need is skill, and if you don't believe me then you should read about the lives of the traders that lived many years ago, before the advent of computers traders needed to draw their own charts and they needed to calculate their own indicators by hand and then draw them by hand as well, and yet many of the theories of those using those very rudimentary tools are still used by people using the most advanced computers available today.
Those were the times. Imagine doing all by drawing, will definitely try to do it even if it's time consuming (and i'm a terrible drawer). Cheesy

“If you personalize losses, you can’t trade.” – BK
Cherylstar86
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 252

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 21, 2019, 11:12:30 AM
 #117

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
A lot!

But one most important thing for trader is stability of emotion.

No matter how great you are at analyzing with different tools, no matter how long you do a research, mo matter how much time you invested to get experiences, if your emotion is not stable then you might take a wrong decision.
emotion controlling and lot of practice will help us to be good trader.most of traders didnt prepare their self with good skill before join in market.tools just a tool that could not used if trader doesnt understand how this indicator work.if ever heard false signal, it caused by trader that confused with tools utility. I am agree capability in controlling emotion will make us survive in our trading  carreer.

Emotions are going to be a poison for us if we will not control it properly because mostly we will not notice it until we have lost some of our money, controlling emotions will lead us to a better decision in our trades which can help us lessen our loss and indeed no matter how good you are at technical analyzation if your emotions are not stable then you are at risk of losing.

It's normal to become so emotional in terms of trading process but it depends of the user that can control their emotions. Basically, most in trading process makes us so emotional and have a possibility to have a huge losses. Likewise, the situation each of us become so clever enough by have enough experience and to learn our mistakes in the end.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
DimitrisLodirogas
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
November 21, 2019, 11:13:30 AM
 #118

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
A lot!

But one most important thing for trader is stability of emotion.

No matter how great you are at analyzing with different tools, no matter how long you do a research, mo matter how much time you invested to get experiences, if your emotion is not stable then you might take a wrong decision.
emotion controlling and lot of practice will help us to be good trader.most of traders didnt prepare their self with good skill before join in market.tools just a tool that could not used if trader doesnt understand how this indicator work.if ever heard false signal, it caused by trader that confused with tools utility. I am agree capability in controlling emotion will make us survive in our trading  carreer.

Emotions are going to be a poison for us if we will not control it properly because mostly we will not notice it until we have lost some of our money, controlling emotions will lead us to a better decision in our trades which can help us lessen our loss and indeed no matter how good you are at technical analyzation if your emotions are not stable then you are at risk of losing.
This 'emotion' thing is getting concerning for me since everybody talks about it. I'm not new to trading but can imagine how it feels when starting to lose big money...will see Smiley
Malamok101
Full Member
***
Offline Offline

Activity: 840
Merit: 100



View Profile
November 21, 2019, 12:01:28 PM
 #119

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!

As a crypto trader needs to become focus and more than experience to learn about those, needs to manage on their trades. It will be a good way to make money on trading.

sandra_1
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 21, 2019, 12:35:23 PM
 #120

Broad topic Cheesy
Trader needs patience and knowledge about cryptocurrencies, that's the most important.
Another thing is to have right exchange, safety first. I can recommend Kraken or CoinDeal.
Trader need to remember not to invest more than he can afford to lose!
Pages: « 1 2 3 4 5 [6] 7 8 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!