Trading and it uncertainties

[MrcMrc]

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

[1715199878]

1715199878

[1715199878]

1715199878

[palle11]

The uncertainty and price change are the same thing and every good trader bears that to mind. It is just like you climbing to a mountain if you loose your grip you see yourself on the foot of the mountain. This is the reason that stoploss is important to trade with. So one important way to escape the uncertainty effect on the account is to trade with stoploss.

[livingfree]

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

Just don't trade when you're emotional at that moment.

Because when you trade and you're emotional, the hit of uncertainty will be much effective. That's why do not be too emotional when you trade and have a plan to follow.

If the market is too volatile, then you are anticipating some unexpected things to happen with your trades.

[mk4]

What specific information do you need? Your question is too broad.

But in general, all trades will be uncertain to certain extents; there's really no way around that. You just have to weigh in the odds, and make a trade attempt using a reasonable bankroll allocation.

[hugeblack]

If you are talking about trading, it is based on analyzing market data to build resistance and support points, thus buying/selling achieving a good ROI.
Volatility in this case is a good thing because it means quick profit, but quick profit means quick loss. Hence, trading bots and other methods that contribute to stopping the loss (but they do not make profits) appeared.

So trading is based on developing a correct strategy, analyzing the market, and then not being afraid of losing.

[Sterbens]

Managing uncertainty in trading is always prioritizing the analysis we generally understand as a whole. Either one or two strategies, if both of them really can be applied we can only determine how many profit targets are achieved. Even if it doesn't touch the price we have predicted, then there are two options: wait and make more entries in different positions. Because of the availability of futures trading so that it is easier for us to determine when we place the price and when we release the price according to the time we have chosen.

[Alisha-k]

Trading is already uncertained  though it can be countered with stop loss.
personally, to fight uncertainty I trade regularly and never give up irrespective of the situation in the market. To overcome uncertainty, acceptance, preparation and analysis should be looked into.
Both the new and old members feel uncertained in a way, the new members tend to fight against it but the old members accept it as reality. In other to stop the fear of uncertainty, one has to accept it and gain more exposure.
If you're prepared to face the loss, then uncertainty is no longer a fear. You need to make adequate planning and preparation.
Analysis is just same as the planning, analyse the market structure so you know when to go into trading and when not to.

[logfiles]

Risk management is probably one of the most important aspects when trading volatile markets. Without any risk management plan, you will get rekt in no time. Personally, I set stop losses for all my trade because of my trading strategy, but there are people who actually don't believe in stop losses, perhaps due to the nature of their trading strategies.

[Sled]

Tried to correct those uncertainties to become certain and give no doubt of what you are doing or else, you never get reach your goal )If there is). Something like these uncertainties is the common reason why many traders fail.

I know that the market is highly unpredictable but have going to trust ourselves and the market, plus the coins that we use to trade. And from that, we can be hopeful for positive results and eliminate those negative thoughts in our minds replaced by being positive.

[Ararbermas]

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

just follow your strategy don't ever grab the risk especially if despite you're not sure what will gonna be the results afterwards it's not safe to be honest, better to stay away to prevent doings mistakes.. And also don't be greedy if you see the price is increasing.. I mean remember that there's a false break out or bull trap that what we called in trading and that's the common reason why other traders always experience massive losses..  So just be patient don't bring your emotions when trading and of course wait for retest and confirmation before executing your order to assure you can get profits from your trade instead of losing money.  

[adaseb]

Every market has uncertainty . If it didn’t then we wouldn’t be trading it. This is another word for speculation pretty much. If you think something will go up in value, you buy it from someone selling it, and if it goes up then you make money when you sell it to someone buying it, hence why it’s called trading.

It’s not as easy as many make it seem. There are people who got rich or Doge or AMC or GME or Shiba but those markets are typical in most situations. Trading is very difficult actually and risky and most traders end up losing their money. Those that hold their coins like Bitcoin long term usually make profit.

[Tumanggor]

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

trading logic is actually simple = buy when the price is low and sell when the price is high

I am not a day trader or a professional trader but my loss percentage is small because I use the logic above

control yourself and your emotions when trading and pay attention to whether the asset you buy has high price volatility

[Wexnident]

Use stop-loss, do the basics of trading which is buy low sell high, stop trading when you're judgment is clouded by your emotions, pretty much all the standard and normal stuff that a lot of people say. It may seem like that's all there is to it, which is in fact true, but putting it to action is harder than it looks. Uncertainties will never go away, it just depends on how you actually tackle them and deal with them. Calm down and try to identify where the issues lie and then try to develop (or copy) a strategy for it.

[btc_angela]

Use stop-loss, do the basics of trading which is buy low sell high, stop trading when you're judgment is clouded by your emotions, pretty much all the standard and normal stuff that a lot of people say. It may seem like that's all there is to it, which is in fact true, but putting it to action is harder than it looks. Uncertainties will never go away, it just depends on how you actually tackle them and deal with them. Calm down and try to identify where the issues lie and then try to develop (or copy) a strategy for it.

Yes, this one comes to my mind, stop-loss. I think this is the best mitigation in trading specially as volatile as crypto market. The thing is that many traders don't know how to used it or not using it at all because they are afraid that they are not going to make money. So it boils down to each individual trader, what's your goal in the end. And if you suffer losses, then maybe it's time to take a break and reset your strategy.

[michellee]

If the market is volatile, I will wait and not try to enter the market because that can make me do a wrong analysis and buy at a high price. But if I am sure that I can handle the volatile situation, I will enter the market and try to search for the entry position. So when you want to enter the market, make sure you can analyze the situations and conditions so you will know if you can enter the market or not. But my suggestion is not to try to enter the market when the market is volatile.

[Mpamaegbu]

That title might as well read – Trading life and its uncertainties. Notably, we should realize that it's not only in trading that one finds uncertainties; such cuts across all human endeavours. I think it was the great thinker René Descartes who opined that, and I rephrase, that nothing can be so certain that it can't be doubted. Come to think of it, anything trading (whatsoever level)  is highly speculative in nature and isn't with certainty. However, that isn't to say that I missed OP's point of view. I do share in their sentiments and thought pattern on the subject matter.

Whether we like it or not, it's the volatility in the crypto industry that makes it more exciting and adrenaline pumping than Stocks, FX and Binary. The best way to handle uncertainties in this industry is to have a long term plan and target and then pick a higher timeframe for entry. Determine your loss before getting in a trade and then place a stoploss to cushion any major loss.

[tranthidung]

80% of traders lose, 10% break-even and 10% win.

I don't go to details of the methodology of the research from which the article mentioned the statistics. You can connect it with the people you know as traders. I am sure the fact is somewhere around that, 80% of traders end with loss.

Crypto trading is more risky because no circuit breaks, no margin of price change and you can get rekted anytime, if you use leverages for your trading positions.

[Natalim]

First, you need to educate yourself, keep learning from your experience so you'll know how to manage the risk. Lastly, always risk what you can afford only, as in that matter there's not much pressure you would feel as a trader, treat it like you are just playing a game and that you need to make a strategy in order to win consistently.

The most important thing is experience, if you don't have enough experience, you will likely makes mistakes as more experience will make you more matured since you are familiar already with how the market move.

[Jawhead999]

The high volatility is the reason why people are prefer to trade Bitcoin over stock, forex etc. If there a person doesn't like volatility then he should stay away from trading and stick with investment. It's shame people only happy when the price increase but when the price fall, he regret it. The thing is you need to accept the risk when it's about Bitcoin.

I don't do trade when the market is sideways or bear season, it's very high risk.

[topbitcoin]

This thread is primarily directed to discuss how traders manage trading uncertainties how do you manage to decide on your trading in a volatile market such as cryptocurrency where price can change within some seconds.

In future usually i use stop loss, because what is matter for me is how i minimize my risk and of course in volatile market which move fast, although only a little spread with leverage, can really affect on our money. But if in spot trading usually i only think about i buy then i hold, or maybe i buy more in cheaper price and hope don't need to reach price that i bought first to get profit.