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Author Topic: Good ways to trade?  (Read 2433 times)
TheUltraElite
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October 05, 2021, 06:07:49 AM
 #141

Usually with the science of prediction and careful decisions, and ready to lose at any time. It was preparation to become a good crypto trader. To make a good profit, you just need to be consistent and targeted in trading. That would be a very good profit to run.
The trader's own perception is more important. There are so many indicators to run and so much stuff that you can learn from them. But the conclusive prediction can never be done. It is because the market runs on different events and they all have a chance of happening anytime that you cannot foresee.

Consistently making the same mistake will not yield a profit. You have to be smart here - do the opposite of what the common people think. But this is difficult to perform.

If it was possible to just use a indicator to perform everything, then the people who worked on TA would have become millionaires already.

you can spot trading, select some good coins and check the chart and see when the coin price going down just buy it from dip and sell it when it high.
Simple and effective, indeed. But most newbies dont like that because they are in it to get-rich-quick and therefore they fall prey of shitcoins, scams, hyips and so on which are rampant in this sector due to a lot of reasons.

 
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October 05, 2021, 08:19:33 AM
 #142

Here are some good ways to trade:
1. Forum: Always try to follow the forum information to be part of those good traders, that always achieve good income from their trade.
2. Personal research: All the successful traders always carry out their personal research before trading in the market. It help them to know when to sell and when to hold the coins for future profit making.
3. Patient: When other traders are in horry to sell or buy in the market, try to understand the right time to release that potentian coins. When you are patient with your long term investment, it always bring good result at the end of the investment.
4.Time : Always try to understand the time, when trading your coins in the market. It will help you to know when to trade to achieve good profit from your investment.

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October 05, 2021, 03:11:26 PM
 #143

you can spot trading, select some good coins and check the chart and see when the coin price going down just buy it from dip and sell it when it high.
Spot trading is a good start, but you should be careful and not select the coin without analyzing it because that will be the key to making a profit. Yes, buying a low will be a must but that needs you to analyze the movements. Perhaps, you do not have to make a big profit but just take profit when you are in a profit position and repeat the process. If you can do it many times, your profit will be bigger too. But that needs time before you can make that big profit.

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mafoja1
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October 05, 2021, 04:00:18 PM
 #144

What I think is that it takes a lot of patience to trade because you have to be very patient when the market goes up and you have to be very careful when you go to the market.
Otherwise, I think I will lose when I go to the market and I will gain when I get up
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October 05, 2021, 05:08:53 PM
 #145

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
In my opinion When you bring in indicators to your trading style this tends to delay the best time to take a trade which could have been the discount price and also helped to maximize on your profits.

I would suggest going with naked charts and using price action which really helps to see market directions before the reveal themselves on the chart. It might take time to understand this but I guarantee you it's worth every time invested in learning this style of trading.

 
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CaptainCrapper
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October 05, 2021, 05:23:23 PM
 #146

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I think without study you can't do anything so if you want to be a good trader at fast need fallow proper update news then you can follow where you want to invest this web site and social site and a very good way is to participate on various IDEO project for success on trade.
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October 05, 2021, 05:27:32 PM
 #147

Technical indicators ain't very useful in cryptocurrencies. Sure it gives you information but many time, crypto outbound of those indicators that mean you got fed with white noise, nothing else. So you don't have to be looking for the best technical indicators or spend too much time grossing over it. Just use any technical indicators from the exchange where you trade.
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October 05, 2021, 05:40:39 PM
 #148

Technical indicators ain't very useful in cryptocurrencies. Sure it gives you information but many time, crypto outbound of those indicators that mean you got fed with white noise, nothing else. So you don't have to be looking for the best technical indicators or spend too much time grossing over it. Just use any technical indicators from the exchange where you trade.

I agree, but we also need to use TA as a tool to help us in making decisions. At least, when predictions don't match (especially when down) we can manage when to stop loss. Meanwhile, if we don't use indicators at all, just by feeling, of course trading will only get worse. Because, many beginners do not pay attention to indicators, do not have good trading management, more and more losses. We can't predict the future with 100% accurate, at least we can set foot when the price falls.

HOLD...
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October 05, 2021, 08:50:55 PM
 #149

Indicators should only be used as benchmarks for trading because all indicators that I know of are lagging and actually in trading, gain loss and profit all depends on how you do it but if you want to learn indicators maybe you can choose from some pretty good indicators like Moving Average , Simple Moving Average, Moving Average Convergence Divergence, Relative Strength Index and Ichimoku Kinko Hyo maybe these are some pretty good indicator platforms to use.
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October 05, 2021, 09:34:03 PM
 #150

Here are some good ways to trade:
1. Forum: Always try to follow the forum information to be part of those good traders, that always achieve good income from their trade.
2. Personal research: All the successful traders always carry out their personal research before trading in the market. It help them to know when to sell and when to hold the coins for future profit making.
3. Patient: When other traders are in horry to sell or buy in the market, try to understand the right time to release that potentian coins. When you are patient with your long term investment, it always bring good result at the end of the investment.
4.Time : Always try to understand the time, when trading your coins in the market. It will help you to know when to trade to achieve good profit from your investment.

Crypto trading is indeed complicated, there are several things we must do and prepare to be able to successfully generate profits. The way you did
actually I did too, such as looking for information about good coins for trading. I got that not only in forums, but several groups on social media as
well as my reference to get information. After getting potential coins for me to trade, the next thing we really need to be able to control is our emotions.
We must be patient and not panic easily when the coins we buy move very volatile. As long as the price goes down we have to be patient with holding
the coins we have, because as long as we choose potential coins, everything will be fine. Because the price of the coins, no matter how deep it goes
down, will come back up again. Another important thing, we must be able to analyze market movements correctly. So will know the right time to enter
and exit.

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October 05, 2021, 10:08:03 PM
 #151

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I usually don't follow any indicators to trade but sometimes check the support and resistance levels on the daily chart. Every time it is not good to trade whether it is a potential coin. You have to be active and check the news about crypto on crypto related sites which also affect the market to some extent, and also you have to know to read the market sentiment to trade and have to have basic and basic knowledge about the market.
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October 05, 2021, 10:14:13 PM
 #152

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Try combining Bollinger Bands and Parabolic SAR to decide where the market will bounce as support or break through resistance, and check the RSI to see how volatile it is. However, there are so many traders out there with their favorite technical indicators and their own style of profit taking, all you need is to find what suits your own style. If I often use Coinmarketcap to monitor coin price movements. The advantage of Coinmarketcap is that we can check the story along the coin's journey. So that changes in the price of each bull run can be used as a guide for future investments.
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October 06, 2021, 04:09:50 AM
 #153

I think crypto does not have a specific indicator for any particular trade. Individuals analyze the market in different ways. I will tell you to recharge more about the market. Then you must understand how to trade
I can't agree that there are no indicators. I think that technical analysis works on this market as well, especially on big currencies such as Bitcoin, Ethereum and BNB. Personally I check different indicators such as MACD and RSI and judge from them if the market is overheated or vice versa underestimated. But of course everything can be destroyed just by bad news and panic.

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October 06, 2021, 12:55:08 PM
 #154

Scan business news and visit reliable financial websites.
Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Be Realistic About Profits. ...
Stick to the Plan.
Yes, I just add with this advice only 2 subjects don't use your all capital one trade use different case and different sector for experience and take profit and always reserve a fund for reinvest then you can get success.
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October 06, 2021, 02:40:11 PM
 #155

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I don't think there is a specific indicator. You are new to the cryptocurrency market, you should learn the knowledge related to crypto, the market and analysis and trading techniques. There are a number of groups set up to announce signals, when to buy and sell, but that information you should only refer to, need to learn carefully before making a decision. It is important that you have knowledge and understanding of the crypto market
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October 06, 2021, 03:09:19 PM
 #156

Before trying to trade, knowledge is a must to understand what is trading and how to anticipate the massive possible loses in a short time. I watched yt trading videos to enhance my trading ability. I put it into practice without believing my guts rather believe in my understanding. I use RSI to understand the position. But sometimes my analysis didn't work. So need to practice and analyst better than before. Improvement is important. Good way to trade is how good we understand the position.

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October 07, 2021, 01:32:00 PM
 #157

There must be specific indicators to trade it is never possible to trade without understanding these indicators with market analysis. The correct movement of charts and indicators go according to plan by controlling emotions by doing this you will be able to take more advantage in trading.

In trading there are many methods that we can use, maybe we can use two or three methods to determine what steps we can take in trading as a comparison, with the method we choose will make it easier for us to read the movement of market charts, and will definitely make our psychology become more stable in controlling emotions.

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October 07, 2021, 05:01:32 PM
 #158

This is a good time to make an entry into trading, but a great time for those who have already traded efficiently.  And those who are new will tell them who will join the market after seeing and hearing all aspects.  Because if you fall into many scams in the market, it will not take 1 second to lose all the invested money.  It is possible to get the expected results by trading carefully considering the news of the market, especially from the hands of scammers and fake single channels.
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October 08, 2021, 08:44:14 AM
 #159

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Not a few people who have been successful in trading cryptocurrencies, of course everything they have done has had many challenges before so that currently many of those who trade have enjoyed the results of their hard work. as for indicators and technical what needs to be done is to understand market conditions and survive with the waves that hit the market. In addition, traders who are new to investing should need to know or be familiar with altcoins that have potential that can be invested.

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October 08, 2021, 12:05:38 PM
 #160

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

https://github.com/SpiralDevelopment/Awesome-Crypto-Trading Check the technical analysis tutorials here it really depends on what kind of strategy you are using I mostly use RSI indicator to take profit and to enter trade that is one of the basic ones but I think it will be effective if you use the right combinations and depends on the market what it is printing.

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