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Author Topic: Good ways to trade?  (Read 2408 times)
nekorakoeora
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November 13, 2021, 03:42:13 PM
 #201

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.

You are absolutely right that many mistakes are made by Beginners when they start trading in crypto , Stocks or Forex but the best way to minimize the mistakes to learn basic of trading, mean, Fundamentals analysis, technical charts as well as Money and risk management. The most important thing to learn is when to make entry and when to exit which you can only learn by Technical Indicators. You should watch social media where you can get get daily updates about crypto because news also affect crypto price in a big way.
I agree, in trading, an experience will be a valuable learning. Based on fundamental foundations and technical analysis skills, it can at least minimize large losses in trading. The two basics are not fully said to make success, but at least better than not having the capital and knowledge in analyzing.

Moreover, in technical analysis there are many ways and indicators that can be learned. Of course, this ability is mandatory and important to have.

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November 13, 2021, 04:11:18 PM
 #202

technical indicator doesn't always have to be a benchmark in trading, I think in technical indicator, we only look for entry signals with perfect patterns, but sometimes the patterns that we think are perfect according to technical indicator actually become boomerang, it say to entry, but the market reverses direction.
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November 13, 2021, 06:48:16 PM
 #203

If you are new to cryptocurrencies, it would be nice to know in advance the coins that are in great demand so far, if you already know the most in demand coins and already have a choice of coins that you want to trade, then you trade with more profitable technicalities, my advice is better to use the medium-term or long-term method, because we can make decisions in a way that is not in a hurry
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November 13, 2021, 09:12:31 PM
 #204

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.

You are absolutely right that many mistakes are made by Beginners when they start trading in crypto , Stocks or Forex but the best way to minimize the mistakes to learn basic of trading, mean, Fundamentals analysis, technical charts as well as Money and risk management. The most important thing to learn is when to make entry and when to exit which you can only learn by Technical Indicators. You should watch social media where you can get get daily updates about crypto because news also affect crypto price in a big way.
this is the most important thing.
at least before actually logging in with a real account they can still practice with a demo account that has been provided on various sites.
but sometimes they don't want it and try right away without thinking about the risks that will happen in the end.
and after that happens when they lose they will always say that this is a fraud or something else that is negative.
though this was a mistake he made himself.
other than that it is possible to add is not too greedy for something, because this will make you lose money.

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November 13, 2021, 11:42:29 PM
 #205

Before trading we must understand the basics of trading itself. in trading we must be able to monitor and analyze the crypto market well, monitoring here means seeing the market and understanding it. You can't conclude the best indicators until you do it yourself. do what needs to be done and practice carefully. The best lesson in trading is self-experience.

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November 14, 2021, 01:26:31 AM
 #206

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.
In addition to technical analysis, experience is also very important when we are trading crypto.
If our calculations are wrong, then big losses will await you.
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November 14, 2021, 08:44:50 PM
 #207


this is the most important thing.
at least before actually logging in with a real account they can still practice with a demo account that has been provided on various sites.
but sometimes they don't want it and try right away without thinking about the risks that will happen in the end.
and after that happens when they lose they will always say that this is a fraud or something else that is negative.
though this was a mistake he made himself.
other than that it is possible to add is not too greedy for something, because this will make you lose money.
Good idea but after a few weeks it becomes boring activity since trader can't make decisions based on real money and emotions. Without the proper feelings, it is easy to trade but the situation is a bit different for the real money account owners. It solely depends on the experience and the money management, these mentioned things don't exist in demo trading.
this is an option when we are still not convinced by TA as well as the speculations that we generate by the research we did before.
Of course for the next few weeks it will be very boring because there will be no passion in it because this is a demo account. but on the other hand this will minimize losses that might occur because we are still not sure about the research we are doing.
on the other hand if you are really brave then there is nothing wrong with the original account but maybe the risk is big enough to do. but it never hurts to try.

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November 15, 2021, 03:24:23 PM
 #208

The best technical indicator for me is only 3.
1. Moving average, its used to know the trend
2. Bolinger band, i used it to know the moving range and if its break the trend or no.
3. Resistence and support line

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November 15, 2021, 04:24:57 PM
 #209

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Get to know the coin properly, study the condition of the coin in the previous month, make a small analysis using a good method, after that just take a decision to trade, the indicators greatly affect your trading success, as long as you don't make mistakes, make sure to trade using the correct method, so that you have precise and accurate analysis, the trade will produce output, if everything has been done well.



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November 15, 2021, 09:16:00 PM
 #210

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Get to know the coin properly, study the condition of the coin in the previous month, make a small analysis using a good method, after that just take a decision to trade, the indicators greatly affect your trading success, as long as you don't make mistakes, make sure to trade using the correct method, so that you have precise and accurate analysis, the trade will produce output, if everything has been done well.

Yes. because to be able to successfully trade crypto requires proper analysis and calculations. at least we have to know about the last price of the coin that we will buy for 24 hours

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November 16, 2021, 02:52:10 AM
 #211

There is no good way, hold on and continue to buy, only play mainstream coins
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November 16, 2021, 04:01:19 AM
 #212

In addition to technical analysis, experience is also very important when we are trading crypto.
If our calculations are wrong, then big losses will await you.
What if people who do not have experience but he knows the technical analysis ? because now many people can make analysis but not many people have experience in the past in terms of trading or other things.

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November 16, 2021, 11:16:15 PM
 #213

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

Before trading you should look at the condition of the cryptocurrency prices on the exchange, if there is a very high price increase it is better not to buy cryptocurrency because after a very high rise there will usually be a very deep decline.
You have to be careful in trading and you also have to be careful in choosing the crypto currency you will trade, lest you buy a cryptocurrency that has little demand.

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November 16, 2021, 11:54:28 PM
 #214

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
You should look at the prices of some coins that are experiencing gradual price increases, for example one of the bnb coins in the last few days has been very stable, and you should see which coins are popular at the moment in the crypto market.

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November 20, 2021, 04:45:36 PM
 #215

Before trading we must understand the basics of trading itself. in trading we must be able to monitor and analyze the crypto market well, monitoring here means seeing the market and understanding it. You can't conclude the best indicators until you do it yourself. do what needs to be done and practice carefully. The best lesson in trading is self-experience.

I am in agreement with you, if the person is new and has no idea how the market moves, it is better to stay still and not start inventing, that is, if you do not know anything, it is best to start investigating, although I I always recommend reading books based on Wyckoff or Livermore, which are books that teach you to understand how the market moves, and as they are books oriented to the stock market it is perfectly applicable to the crypto market, therefore for me it is the best option and once That you learn from this, if you want to learn Technical Analysis you can do it wherever you want.

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March 25, 2023, 02:34:17 PM
 #216

There are many technical indicators to use in trading but you should have proper knowledge about using those indicators. check some YouTube channels and articles to learn about those indicators and apply in your trading. There are also trading strategies what you should learn for the best result in trading.
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March 25, 2023, 02:59:38 PM
 #217

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
As you are a new member in crypto and you are willing to invest then you must first understand about different exchanges. If you want, you can invest from top exchanges like Binance, KuCoin, Okex etc. your money will be safe in these exchanges and you start trading small. And slowly you will be able to earn a reputation as a good investment.

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March 26, 2023, 02:54:08 PM
 #218

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

Trading is not that easy for a newbie in the market, it requires a lot of experience.You can make trading a little easier with the help of any number of indicators that are used for trading within the market.But there are many indicators that will tell you much later when the market is going up or down.There are RSI indicator and EMA indicator and other such very good indicators that you can take advantage.But I think it would be best for you to know the resistance and support level of whatever cryptocurrency you are trading so you can trade easily.Buying at support levels and selling at resistance can be a good strategy

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March 26, 2023, 03:02:42 PM
 #219

First you need to have a good understanding of the crypto market. Since you are new to this forum, you need to be patient first and try to get a detailed understanding of trading. You may find it difficult to learn these at first but once you learn them you will profit from trading.

There are many differences between a successful trader and a good trader. We call successful traders those people who have already achieved success in trading. 
And by good traders we mean those who observe the market and get a good idea about different coins and then trade are good traders.
You gain a good understanding of different ALT coins in the crypto market and then become a successful trader from a good trader.
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March 26, 2023, 04:01:40 PM
 #220

There are many things that must be learned to run trading, if you are a new person in the world of trading, my advice is don't buy a new coin. Choose coins that have potential, such as Ethereum coins and BNB coins, why do I recommend investing in these two coins because the risk is small.

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