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Author Topic: Which type of trading you think is good?  (Read 1228 times)
Bitlover10
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September 13, 2020, 12:30:25 AM
 #101

All research is important for doing trading. You can't ignore anything. Technical analysis or chart learning or news based, event etc everything is playing a good role in trading. So when you go for buying something you must complete your dyor. For me I usually choose news based coin for trading. Upcoming news events makes a good spike in coin. So for mid term its gives you a good profit.

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September 14, 2020, 07:05:31 AM
 #102

Like almost all trades in the crypto market it usually depends on our skills it is very easy to succeed in a trade that has good knowledge but i think day trading is better it's easy to make a profit every day and learn something new about the market. In this type of trading you have to enter the trade in a very short time as it is a very short time trade so you have to trade a lot which can be 100 daily. Make very limited profit per trade such as 3-5 pips trading in a dynamic market trend based on a 1 minute chart.
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September 14, 2020, 02:33:15 PM
 #103

The two you have mentioned are ways of enhancing your day trading and there are still more ways that can help to keep making your trading strategy very strong – the next thing is to be applying stop loss so that if things go wrongly you won’t be losing much, that way you’re minimizing your risks.

The next step is by diversifying your trades, when you diversify your trades you will be able to decrease the risk that is attached daily to a specific coin, you can just diversify with a few coin. Lastly I’d like to say people who wants to be successful in trading using their strategy need to be watching their time.
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September 14, 2020, 04:22:02 PM
 #104

I think day trading is the good way to generate good amount of money but it is risky. You can choice long term but be sure to select best pairs.

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September 16, 2020, 02:59:46 PM
 #105

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

First of all good thinking from you. I basically believe in event news because maximum traders waiting for news as a result when we saw a good coin listing in a good exchanges its demand pass high in market and price also. But if i go for technical analysis without news, there is a chance of fall in zero as its not parallel to time. So i always follow event news.

thanks.
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September 16, 2020, 03:47:00 PM
 #106

I think day trading is the good way to generate good amount of money but it is risky. You can choice long term but be sure to select best pairs.

If one can learn technical analysis where charts are involved and also have bit of fundamentals knowledge about market ad coin then it can be a good combination and very much helpful as it will provide the direction in which market is moving and accordingly one will be able to pick the coins and trade based on it. Chances of executing the trades in profits increases with this knowledge.

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September 17, 2020, 01:43:56 AM
 #107

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
I think based on depend news most worth to get much profit during start trading with some coin project, I know how accurate with technical analysis but could prediction when have good or bad news, some time bitcoin and altcoin could up extremely after Donald Trump make bad or good news with cryptocurrency. How accurate your analysis will be wrong because investor sell and buy depend which said by some one, maybe when get good news from an exchange and developer will give recommendation to buy and sell some coin later.

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September 17, 2020, 12:14:05 PM
 #108

Both are needed to trade but technology requires more than the last analysis. If the market is constantly updated then if you can't update yourself in line with the technology then there will be a lot of risk in the case of trade. It will be very difficult to analyze the market. Having a good idea of ​​technology will make it much easier to practice trading charts and pick currencies and make a profit. Crypto market is improving with technology.
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September 18, 2020, 06:16:23 PM
 #109

I feel trading based on TA & FA Is the best. Technical Analysis and Fundamental Analysis are the widely tipped process that most traders practice and start trade with the assurance to perfect trading.

One core factor to consider is that, when you have mastered the art of ta and fa, you will be able to use the events, news to your advantage at a large scale importance and profit margin.
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September 18, 2020, 07:54:10 PM
 #110

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.
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September 19, 2020, 11:28:52 AM
 #111

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.
In my opinion, decisions made on the basis of news about events about a particular practice are the result of fundamental analysis. That is, I want to say that one of the main features of fundamental analysis is the monitoring of information about the cryptocurrency, with the help of which it is possible to predict the nearest prospects of the coin in the cryptocurrency market, which, together with technical analysis, gives an overall picture of what is happening on the market in the present period and for the near future. in relation to a specific cryptocurrency.

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September 19, 2020, 12:25:33 PM
 #112

1. Based on technical analysis
2. Based on event news

If we can only choose one method for our basis on trading, then it should be the technical analysis, but it do need a lot of work and time, if you will be coming up with good decision making and good data analyses, your hardwork will be paid off.
By way of alternative, event news will be a good source of new trends, you might consider riding on the hype that might happen, or you might also consider between going out or in at a particular crypto investment.
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September 19, 2020, 01:12:58 PM
 #113

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

Although both are important for a successful trading, I do believe it is still much better to trade on technical analysis. Technical analysis is extremely important to be able to read the market unlike having to wait for some big news to affect the market.
Without technical analysis, there's no possible way for you to be called a trader. I mean, without technical analysis, how do you even intend to trade?
I'd advice you shouldn't depend on event news to trade. The best thing to do is to trade based on technical analysis.
Its okay to use technical analysis to read the market however fundamentals will always move the price, without the latter price volatility will be very slow while the former indicates price direction thus agreeing to the fact that both are very important to make profits consistently,
Fundamental news in most cases rubbished technical analysis that is why a trader must have both knowledge and keep an on events related to that particular cryptocurrency, forex or stock traded this will guaranteed and consistent profits.
Although some traders trade and relies only on fundamental analysis which I believed is very risky.

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September 19, 2020, 01:46:02 PM
 #114

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
In my opinion, the method based on news is better than that of technical analysis. Most major market moves are caused by news. If there is good news the market will rise sharply and it will fall deeply when there is bad news.


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September 19, 2020, 01:50:25 PM
 #115

On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.

I don't think the news trading method is easy. If you do not have the knowledge and experience you will not know which news is good or bad news for the market.
The majority of people who trade on news are wolves in the crypto market.


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September 20, 2020, 12:40:30 PM
 #116

I think it's just a habit and how familiar are you with the method.
I prefer to use technical analysis with 4 indicator :

1. Bolinger band
2. Moving average
3. Parabolic SAR
4. Stochastic oscillator

-= OI =-
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September 20, 2020, 01:26:27 PM
 #117

Day trading is the best tools or methods for this thing, but if you do not have enough idea or knowledge about in trading,
perhaps, holding in the long terms is the best replacement for the day trading, although you can do the actual trade but try
to start with small capital first as a newbie.
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September 20, 2020, 10:23:53 PM
 #118

Basically, trades that are base on news feeds from trusted sources are the best while using your TA for doubt clearance before venture into trade. Though, there are reservations to this, don't get your news from the wrong groups concerning the project rather it should be from the project handles. With this method, I always trade on a mid term basis because sometimes the news doesn't move the market immediately, sometimes it take weeks before seeing the positive effects on the market. So, for me; this is good to my liken.

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September 21, 2020, 03:11:07 AM
 #119

I generally take the rout of Options. It is considered on the riskier side of things but when it works, it works wonders. Especially on the long term.

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September 21, 2020, 04:41:16 AM
 #120

In cryptocurrency trading most of the people do trading on the basis of events and news there is a website which tracks all the upcoming news of all the cryptocurrency project like hardfork airdrop mainnet ama session etc. people like me buy cryptocurrency one or two month before any major event and then sell before coming that event I think events based trading is profitable in crypto
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