- - BITCOIN - Smooth Trader :-)) - -

[maju69]

TA is fun, but also can be stressful 

It's fun when TA is made as a hobby for tenacious people to cultivate their curiosity. TA stresses us out when our mental state and mood are out of sync. Mental health needs to be controlled and we are frankly aware of 1000 ways to be in the worst mood.
all have a level of quality in managing TA, and it depends on how nimble a person is to continue to master all the indicators that already exist, or whether he creates them himself.

[isaac_clarke22]

~

Lol. Tell me about it.
I day traded back then. I used some indicators like Bollinger Band and RSI. Proved me the usefulness but I wasn't just up to day trading strategy.

[maxreish]

Well, that seems to be your lucky entry. Since those trade you have made agreed to your side when you did long entry and the market smoothly goes up. What technical analysis did you use, by the way? Because there are times that sudden sideways happens and you make an entry but the market do the opposite.

Anyway, I envy your good trading strategy and courage.

[Slow death]

honestly I don't understand anything about this thread, OP is not clear at least if he could show this model in practice it would be something good and more objective and would motivate more people if he could show his results. Following your model, what price trend do you expect for the end of this year? what would the maximum price for this year be if anyone asked you?

Anyway, I envy your good trading strategy and courage.

 

will I be the only one who is not seeing anything?

[redsun114]

The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !

Being careful will be possible if you are good any your technical part of cryptocurrency trading. It means you need to be proactive while trading so that you may not miss out certain good levels which is key for easy profits when we opt for long term holding.

My signals provided me buy signal by the times of 2015 January when bitcoin was trading below $200 and it did not give me any signal to book profits till today hence I am still into my old long positions

How lucky you are; still holding your positions from the price levels of $200? I read some people who mined bitcoins when it was trading below $500 levels are still holding them (I mean mining would be much better way to acquire bitcoins compared to buying).

[AakZaki]

Trading will not always be smooth and profitable. sometimes losses even dominate. Futures trading or two-way trading does look easy and it's easy to double money. But when you make a mistake, liquidity will be the last thing to happen. Using leverage wisely also matters. Do not rely too much on large leverage, because it will quickly destroy your money.
Trading smoothly is assisted by good technical and fundamental analysis. but do not be too greedy, it is also the cause of a beginner and a professional caught in a loss.

[Kelvinid]

Smooth trader? Did someone make money in trading without any struggles? I don't think so.
Because even how good you are in TA, chart reading, you can't make all the things work fine and smooth, ohh, that is the truth.

And to be honest OP, I'd never trust someone who proclaims themselves being good at trading and teaches me what I gonna do.
It is simple, as the market remains unstable, you can never expect that your TA's will be accurate. No, it might work now but not for sure if it works later.

[ipanks]

will I be the only one who is not seeing anything?

I hope @OP can explain more details about what he means because we only guess. I can not understand, but I think he wants to say that he has a model that can tell him when he should buy or sell.

I guess his model tells him to short bitcoin because the price is down to the lower price and if I am not mistaken, that could relate to margin trading. After all, if the market is down and we short bitcoin, we will profit and vice versa.

I wonder what his model is. It is hard to analyze where bitcoin will move in the long term, but okay, we can get the sign that bitcoin will go down or up, but we do not know when the price will bounce up or down.