The Signal to Start Trading and the Signal to Close Trading

[Rufsilf]

Signal is just what can make a trader to fail, it makes them weak, not able to learn, they use the signal first and they may make profit, but in the long run, they will only see that they lose than gain if the net profit is calculated. Some signals are paid for and yet used but failed. I do advice people not to make use of trading signals, copy trading and the use of bots. Learn is very important for traders, using low amount for some months and they can increase it if they are begining to make profit.

Perhaps, we can do it by ourselves rather than relying on others pretending their signals are accurate and working. We can't be fools, we know the market situation and its volatility, and not even the crystal could see it through, therefore, believing these signal groups is way no better and only leads us to lose our confidence.

Whether it was paid signal or not, they are not reliable actually. Anyone who has been in the market can make his/her own judgment. We can predict however we don't also think it gonna be right, it was just a market presumption, not really the things to happen.

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[tygeade]

I know for a fact that I had to do some stuff that would change things, but it will not be a simple change, I had to relearn all I knew about indicators in order to make sure that I didn't do any mistakes, because there were plenty of times when I lost money when in fact I did everything correctly like I should. It is not going to be a big major shock to anyone, but indicators do not have 100% success rate, if they did, we would all be simply using them and be wealthy.

Exactly what I am saying, not all the time indicators can help, there have been time I was using high leverage and trading altcoin which are more volatile than bitcoin, I did almost everything correctly but just because of high leverage and because trading indicators can not be 100% accurate, slight mistake led to liquidation of my asset, not long the market corrected to the extent I ought to gain but no asset again. This has happened to me like five times before I know I should reduce my leverage and I prefer to trade bitcoin now.

This is the risk of high leverage, you are aiming at making profit as if you have a huge capital, with the little capital you have, that is the understanding of leverage trading. So, if you want to invest 10k, but want to profit like you invested 100k, then the risk of you losing is bigger.

So, when you have a 10% drop, it will liquidate all of your money and it will be all gone, because it just went from 100k to 90k with 10% drop, but since you leveraged your 10k, that will cover it. This is the "basics" of it, so if you are risking such high amount, for a high profit, then sometimes when it drops then you need to face it and accept it and move on.

[carlfebz2]

Signal is just what can make a trader to fail, it makes them weak, not able to learn, they use the signal first and they may make profit, but in the long run, they will only see that they lose than gain if the net profit is calculated. Some signals are paid for and yet used but failed. I do advice people not to make use of trading signals, copy trading and the use of bots. Learn is very important for traders, using low amount for some months and they can increase it if they are begining to make profit.

Perhaps, we can do it by ourselves rather than relying on others pretending their signals are accurate and working. We can't be fools, we know the market situation and its volatility, and not even the crystal could see it through, therefore, believing these signal groups is way no better and only leads us to lose our confidence.

Whether it was paid signal or not, they are not reliable actually. Anyone who has been in the market can make his/her own judgment. We can predict however we don't also think it gonna be right, it was just a market presumption, not really the things to happen.

We are all just speculators and its really that normal that those guesses and predictions wont be 100% accurate and its true that it would be more worth if you do make your own analysis rather than on relying into
someone when it comes to this because it wont really be that regretful in case you do lose money compared when you do follow someone and then he lost those trades which would result into loss of money
then its better to be relying with your own analysis rather than into be that relying on someones prediction and call which is something not that far apart if we do make on our own.
Market is unpredictable and theres no way that someone could claim  that they do know on where it would be heading.

[kawetsriyanto]

But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.

This should depend on your knowledge to analyze the price chart and the current trend. If you are an old trader/investor, you must be very familiar with the characteristic of crypto market and the price moves of crypto coins. For me, only decide to buy when we assume a coin to have a pump in the near future. or there is a good sign that the price probably rises because of a strong reason such as listing on a top exchange, burning events, or launching its product (MVP). We must sell the coin when it has a good trend (during the pump/rise). Note that we mustn't be greedy, be realistic.

Be careful to buy during this bearish period if you buy for a short-term holding, the price tends to drop. But if you buy for a long-term holding, this bearish period is a quite safe time for adding more coins to your wallets. Be wise to use funds, know your target!!

[LUCKMCFLY]

To be honest, I don't think it's necessary to be sure of all these signals. At the very least, it is more important to pay attention to experience. When I worked with a broker from Amarkets, I tried to devote enough time to training.

Sometimes the market tends to behave in a very strange way, it is up to us to know how to decipher what its possible movements are, in some books that I have read they say that all the information is in the volume, what it is, what can happen and what it will possibly give in the long term, of course this is because it can be invalidated if a whale decides to sell a lot, but in general terms the market tends to behave like this, in any case to take into account the BTC market its volume is not consolidated, which is difficult and sometimes inaccurate for many analyzes and very few know this.

[Mate2237]

If you study and understand basic trading, then you should know how to enter and exit the market. It depends on you what kind of strategy you would like to use if you use candlestick then it is not a problem, sometimes I use demand and supply area (most likely support and resistance) in my trading and it is working, just understand the concept and learn more in trading aside from candlestick and I am sure you will get the grip of it.

MetaTrader 5 is one of the basic trading apps for beginners. With it beginners can understand more on trading and it is also common trading platform in the digital currency ecosystem. Then another app beginners can also use is Tradingview which can use to view the movement of the market. It will be used to know the bull and bear market of any online trading.

[ItsCrafty]

Actually, there isn't anything more rigorous, but everything takes some level of skill sets. If you believe the market isn't performing well currently, hold onto your coins rather than exiting; doing so puts your money at risk. Exit and enterase depend on parameters that are unknown until they are present, hence everyone lacked prior education with this. The signals you see can often respond but can also fail.

[palle11]

MetaTrader 5 is one of the basic trading apps for beginners.

MetaTrader 4 also is nice. It is more elementary for beginners than MetaTrader 5 that has more advise configuration although that is also good if a newbie is starting with it and getting use to it because the market is getting more technical. I still prefer MetaTrader 4. However in comparison there are no much difference in them.

[TheUltraElite]

Actually, there isn't anything more rigorous, but everything takes some level of skill sets. If you believe the market isn't performing well currently, hold onto your coins rather than exiting; doing so puts your money at risk. Exit and enterase depend on parameters that are unknown until they are present, hence everyone lacked prior education with this. The signals you see can often respond but can also fail.

Signals are not real for any case, most of them are cooked and made to fool users and make them pay for premium memberships. While the owners of the group dump their own shitcoins on these naive investors additionally profiting from the memberships as well.

Depending on market movement there are things to do in every stage. One can buy at the low or just wait it out, but they should not complain when the price goes up and that its too expensive then and rather sell for profit. No coin will give profits everyday and no coin will ever be the biggest one can imagine, these are cyclical movements and not absolute.

[pawanjain]

Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.

What ? Isn't that the most important thing in trading itself ?
Knowing when to enter and when to exit is 90% of the trading while the rest 10% may include putting the buy order and sell order LOL
Building a strategy and executing it is included in the 90% and the one who can do this knows how to trade efficiently.

[Mahanton]

Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.

What ? Isn't that the most important thing in trading itself ?
Knowing when to enter and when to exit is 90% of the trading while the rest 10% may include putting the buy order and sell order LOL
Building a strategy and executing it is included in the 90% and the one who can do this knows how to trade efficiently.

To those traders who do really make able to sustain themselves on the market or simply those profitable then are the ones who could really make use and do knows on when to get in and when to exit.
We know that this market is truly unpredictable but it doesnt mean that it would really be that impossible yet there are ones who could able to sustain themselves despite of those reality.
You would be the one who would find for yourself on what strategy and what ways you should consider before you could really make out such action.You cant just copy someone
because we do have our own preference and views in different scenarios or conditions.