FanEagle
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Crypto Casino and Sportsbook
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May 04, 2021, 06:18:13 PM |
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in some aspects or some strategies we have our own kind, and that doesn't mean that this kind of strategy are work with you will going to work with other. That's is why in trading you must keep yourself updated and educate.
I do not find any specific reasons why some strategy will be working for you and not for others. If you keep using one same strategy for years then you may find that will not be getting you profits over the time as market conditions may got changed which makes your old strategy inefficient and when people copy that old strategy will definitely feel like what you have mentioned above. I am not ready to agree with OP neither. I am sure every trader must be having their own customized strategy to crack profits from this crypto markets but basically we are all doing buying at low and selling at high which doesn't mean that we are into same strategy.
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isaac_clarke22
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May 04, 2021, 06:57:49 PM |
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~ Not everyone has the patience to hold onto their strategies either which might be where a lot of the gaps come from as well as speculators just buying because they're dcaing or something.
...while others are also emotionally driven in their trades that is why they just can't seem to hold their coins that causes the lose of patience on whatever the strategy they do. Back then, I learned almost all the fundamentals like candlesticks and Bollinger Band indicator, but I was emotionally driven that time in my day trading and it just cost me a lot.
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ScamViruS
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May 04, 2021, 07:36:32 PM |
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Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.
So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.
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Lorokan
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May 04, 2021, 08:41:26 PM |
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About a few months ago, I learned some Japanese candlesticks for cryptocurrency trading. And there are some shapes when they happen that mean that there is a rise, ie: Buy. And some forms when they occur mean that there is a fall in the currency, ie: sell or hold. In the first case, you will buy, and if "everyone wants to profit" and everyone of course knows the rise, who is the dumb who will sell you this? In the second case, you want to sell, and also "everyone does not want to lose". Who is the dumb who would buy this from you? And with this logic, what are these shapes?
There is always something that happens naturally on a regular basis and causes regular results, but something happens based on "people's minds" (buy / sell), ie: it is erratic. So how will the results be regular (up / down)?
One thing you should always remember is the reality that Using the same candlestick or trading charts is not the same as following the same strategy with others; they are distinctively different. As traders, we all have different means of interpretation; and ofcourse knowledge, so even if we use the same platform to analyse trade charts, the method used to analyze the chart differs; likewise the interpretation too. So the true question are, what is your trading strategy? do you understand how to interpret charts correctly?
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Hypnosis00
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May 04, 2021, 09:51:05 PM |
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About a few months ago, I learned some Japanese candlesticks for cryptocurrency trading. And there are some shapes when they happen that mean that there is a rise, ie: Buy. And some forms when they occur mean that there is a fall in the currency, ie: sell or hold. In the first case, you will buy, and if "everyone wants to profit" and everyone of course knows the rise, who is the dumb who will sell you this? In the second case, you want to sell, and also "everyone does not want to lose". Who is the dumb who would buy this from you? And with this logic, what are these shapes?
There is always something that happens naturally on a regular basis and causes regular results, but something happens based on "people's minds" (buy / sell), ie: it is erratic. So how will the results be regular (up / down)?
One thing you should always remember is the reality that Using the same candlestick or trading charts is not the same as following the same strategy with others; they are distinctively different. As traders, we all have different means of interpretation; and ofcourse knowledge, so even if we use the same platform to analyse trade charts, the method used to analyze the chart differs; likewise the interpretation too. So the true question are, what is your trading strategy? do you understand how to interpret charts correctly? The same as we are individually different in what we think about the market. Just like to see that someone had lost in trading and someone wins, this could be enough to say that we are having our own trading strategy. And the fact that this is consistently be seeing around meaning that people had never changed and they keep their own way forever. That is what we called uniqueness and we are created of different instincts and levels of understanding.
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boty
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2021, 10:58:19 PM |
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Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.
So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.
we could not predict how market will going to , i am prefer to use possibilities that may happen to market. in ever movement , it could move up or down , but the possibilities could analize by previous price history. some traders use price data history in pas so they have price level that pullback or bounce. each of them have their own technique to find possibility , and could be right or wrong depend on how we see it.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2021, 11:53:37 PM |
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About a few months ago, I learned some Japanese candlesticks for cryptocurrency trading. And there are some shapes when they happen that mean that there is a rise, ie: Buy. And some forms when they occur mean that there is a fall in the currency, ie: sell or hold. In the first case, you will buy, and if "everyone wants to profit" and everyone of course knows the rise, who is the dumb who will sell you this? In the second case, you want to sell, and also "everyone does not want to lose". Who is the dumb who would buy this from you? And with this logic, what are these shapes?
There is always something that happens naturally on a regular basis and causes regular results, but something happens based on "people's minds" (buy / sell), ie: it is erratic. So how will the results be regular (up / down)?
One thing you should always remember is the reality that Using the same candlestick or trading charts is not the same as following the same strategy with others; they are distinctively different. As traders, we all have different means of interpretation; and ofcourse knowledge, so even if we use the same platform to analyse trade charts, the method used to analyze the chart differs; likewise the interpretation too. So the true question are, what is your trading strategy? do you understand how to interpret charts correctly? The same as we are individually different in what we think about the market. Just like to see that someone had lost in trading and someone wins, this could be enough to say that we are having our own trading strategy. And the fact that this is consistently be seeing around meaning that people had never changed and they keep their own way forever. That is what we called uniqueness and we are created of different instincts and levels of understanding. We do have different way on handling out things that we are involved on and its true about uniqueness which we do keep on searching it and trying ourselves to sustain and make to be profitable specially here into this market.Following someones strategy might really be effective or not because it doesnt always mean out that if it works on them would definitely works on you which isnt always the case.Be mindful on how you do gonna handle yourself into different situations basing up with your own experience and skills.
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Sinjokubhi
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Sinjokubhi
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May 05, 2021, 03:18:20 AM |
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Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.
So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.
we could not predict how market will going to , i am prefer to use possibilities that may happen to market. in ever movement , it could move up or down , but the possibilities could analize by previous price history. some traders use price data history in pas so they have price level that pullback or bounce. each of them have their own technique to find possibility , and could be right or wrong depend on how we see it. Before it happened, there was no such thing as predictions for sure. Everything is possible. Because we will not know exactly how the market will move later, it could be that your prediction is correct, but market conditions suddenly change, and eventually deviate from your prediction. It is different if the prediction has happened and is true, without evidence that everything is possible. But with that possibility, we can use it for what action to take. Through predictions, we can find out what market conditions will happen next. With the provision of charts, you can predict through it, along with the candlesticks. We better anticipate future risks through action, namely predicting. Even though it is only a possibility, at least this can be one of the points where we can make a decision as to what action we should take later.
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Zilon
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May 05, 2021, 02:07:22 PM |
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Price action happens to answer your questions. This involves the movement of price over time. For price action traders candle stick formation means a whole lot because the market tends to repeat events of the past. And different candle stick tells different stories about the market. For a full candle stick formation we get signal either to go long or short meaning either a reversal or a continuation. For short candle stick with long wick we get a reversal signal telling us the market is about to start a new trend. Paying closer attention to this keeps you constantly bullish
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blckhawk
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May 05, 2021, 02:50:12 PM |
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Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.
So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.
Indeed, there are a lot of factors that could affect the market that is why there will be times that even if we predict the movement of the market through candlestick there's a chance it might not happen. That's also the reason why some traders not sticking up to their strategy. Predicting the market through candlestick might able to give you the exact movement but this would be better than have nothing and guessing a random prediction like gambling.
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dotherightthing
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May 05, 2021, 03:01:05 PM |
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this is a naive view of trading strategy, or the common mans trading strategy. the wise man buys dips and holds always, because the value of the commodity will increase according to inflation, thus maintaining and even growing in value relative to the investment. if i am gaining interest on 2,000 in the bank, my money loses value due to inflation. but if i place 2,000 in a strong stock or crypto, in a year it may be worth $2,400 , maintaining its purchasing power despite inflation, and thus the real value of my investment is maintained.
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sujonali1819
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May 05, 2021, 03:08:14 PM |
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Yes, it’s right that everyone use the same strategy if the strategy is "buy low sell high". But I am Pretty sure that people are not the same strategy what you described in OP. Even I guess about 50% trader don't follow the the chart properly, can not get how to realize buying or selling time by reading the candle stick imo.
By the way, always make the dump who has basically huge capital and little percentages is ok for him. They try to get the profit at soon as possible before others.
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rosebrand
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May 05, 2021, 03:17:31 PM |
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Actually not everyone uses the same strategy, tho the rule of the market is to buy low and sell high, but the fact is not everyone looks at the market same way at a particular time, Most standard traders uses technical analysis while some people just wait for a fall and boom there jump in because the rule is to buy low, and on the other hand there are people who will just jump in at any point regardless of the present market price, this set of people are just actually gambling with their funds thinking there are trading. This actually shows not everyone uses same strategy to trade.
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doomloop
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May 05, 2021, 06:22:59 PM |
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Most standard traders uses technical analysis while some people just wait for a fall and boom there jump in because the rule is to buy low, and on the other hand there are people who will just jump in at any point regardless of the present market price, this set of people are just actually gambling with their funds thinking there are trading. This actually shows not everyone uses same strategy to trade.
Yes, there are different types of trader which includes gamblers also. Only very few people are using technical analysis to buy and sell and most other than just a gambling because they are taking decision at their own wish. Like you have mentioned, as everyone is trying to catch low, it is seeing like everyone is following same kind strategy but there cannot be such thing to exist because market is too vast and trader knowledge also too vast so there are big chances for everyone to follow different strategy to catch same low prices.
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perfect999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2021, 08:32:10 PM |
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About a few months ago, I learned some Japanese candlesticks for cryptocurrency trading. And there are some shapes when they happen that mean that there is a rise, ie: Buy. And some forms when they occur mean that there is a fall in the currency, ie: sell or hold. In the first case, you will buy, and if "everyone wants to profit" and everyone of course knows the rise, who is the dumb who will sell you this? In the second case, you want to sell, and also "everyone does not want to lose". Who is the dumb who would buy this from you? And with this logic, what are these shapes?
There is always something that happens naturally on a regular basis and causes regular results, but something happens based on "people's minds" (buy / sell), ie: it is erratic. So how will the results be regular (up / down)?
That’s why you’re being told that there is nothing like certainty in trading cryptocurrency, it’s all probability, so you do your research or analysis, and you feel like something is likely to happen based on the result you have gotten and you place your trades based on that, but you can’t say that you’re hundred percent sure that that’s going to be happening, if can still go the other way and you will lose. But that doesn’t mean that you should neglect all these things, because they are all useful, you still need them to be able to trade properly, if you don’t know them then your risk of losing is at high rate. Like they say, no amount of knowledge is a waste.
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harapan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2021, 10:41:04 PM |
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About a few months ago, I learned some Japanese candlesticks for cryptocurrency trading. And there are some shapes when they happen that mean that there is a rise, ie: Buy. And some forms when they occur mean that there is a fall in the currency, ie: sell or hold. In the first case, you will buy, and if "everyone wants to profit" and everyone of course knows the rise, who is the dumb who will sell you this? In the second case, you want to sell, and also "everyone does not want to lose". Who is the dumb who would buy this from you? And with this logic, what are these shapes?
There is always something that happens naturally on a regular basis and causes regular results, but something happens based on "people's minds" (buy / sell), ie: it is erratic. So how will the results be regular (up / down)?
That is true. Charting with Candlesticks and other chart patterns are literally textbook examples and everyone has been following it for a long time. So much time these patterns can change into becoming self-fulfilling prophecies since many people take time to understand and apply it well enough. All traders that I know of will just are on the lookout all of thr time for either those candlesticks ones or the full chart pattern. These are self-fulfilling prophecies that work most of the tume. Anytime a patten suffices, if it is a bullish one, people buy instead of selling.
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boty
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2021, 11:20:11 PM |
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Actually not everyone uses the same strategy, tho the rule of the market is to buy low and sell high, but the fact is not everyone looks at the market same way at a particular time, Most standard traders uses technical analysis while some people just wait for a fall and boom there jump in because the rule is to buy low, and on the other hand there are people who will just jump in at any point regardless of the present market price, this set of people are just actually gambling with their funds thinking there are trading. This actually shows not everyone uses same strategy to trade.
simple teory for buy low and sell fact, but i see there still alot trader do the opposite. most of them buy on high and sell it on low. they still panick when see price drop sharply and suddenly. from this point, they must prepare well mental and psychology. every people have different way how to spend their money in cryptomarket.
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Scripture
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May 05, 2021, 11:40:28 PM |
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I don’t follow anyone’s strategy because that wont work for me, I’ve created my own trading strategy based on my own timeline so don’t ever think to follow any strategy, better to create your own and focus on that. Don’t get any pressure from anyones trading strategy, that is not good in long term.
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abel1337
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May 05, 2021, 11:49:28 PM |
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I don’t follow anyone’s strategy because that wont work for me, I’ve created my own trading strategy based on my own timeline so don’t ever think to follow any strategy, better to create your own and focus on that. Don’t get any pressure from anyones trading strategy, that is not good in long term.
Every strategy differs from person to person and I think telling people not to follow any strategy is not a bit of good advice. They can try other person strategies especially on the market we are having right now, If it work then it's fine. Using someone's strategy doesn't mean you need to stick with it. There are different strategies that apply to every market scenario and if you know many strategies, The confidence and the winning chance you have will rise.
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sumant
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May 06, 2021, 01:14:15 AM |
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No, every traders in this world has different mindset, different experience, how many years has spent in this industry. These factor always differ from one to another. newbie has their own strategy of trading. I dont used anybody strategy because this gives me loss also so be prepared for himself for your unique style.
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