The Signal to Start Trading and the Signal to Close Trading

[tvplus006]

...If you are a long term investor, the best case would be to buy it when it is low, and wait for it to go up, watch it go down again, buy some more and keep repeating that forever.

The problem is that no one knows the final price to which the coin will fall, so they buy coins in parts. But this is also wrong if the market is bearish, in that way we reduce the average price of the coin, but at the same time the loss only increases.

[1714980650]

1714980650

[1714980650]

1714980650

[1714980650]

1714980650

[1714980650]

1714980650

[1714980650]

1714980650

[1714980650]

1714980650

[Ararbermas]

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.

it's always on the candles stick where you can get an idea when to sell and to buy in a particular level in the market base on its structure and movement and that is called price action. 
And yes that's the most important strategy when it comes trading because everything will become so easy to understand and to predict even there's no clear trend in the graph.

[nur rochid]

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.

it's always on the candles stick where you can get an idea when to sell and to buy in a particular level in the market base on its structure and movement and that is called price action. 
And yes that's the most important strategy when it comes trading because everything will become so easy to understand and to predict even there's no clear trend in the graph.

By being able to read candles, we can read price action so from there we can determine when to close or open a transaction. actually it is not that easy to determine when to enter and exit the market, because not all candles are like our theory. on the other hand we can use EMA to determine price action, the smaller the time frame we choose, the smaller the candle space will be

[AicecreaME]

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.

I beg to disagree.

But trading is difficult in my opinion. It takes a lot of courage risking your money and time to gain experience to make it easy in the future. Your question on when to enter the market and exit the market is a very hard one, because technical analysis does not give accurate prediction but increase your chances on entering and exiting the market correct.

If we could only tell when is the right time to enter a trade and close a trade, all of us would be rich in no time.

[sana54210]

It is true that there is no success in trading that we can get instantly, everything requires a long process. So we really have to be patient if we want to be a successful trader, so we will experience some losses first. Then the bad experiences we have will make us understand how to trade well.

There are "some" situations when the prices are hyping like crazy where you could make a big profit. I am not saying that it will happen frequently, but remember the times when we moved from few thousand to 20k in 2017, or 10k to over 60k in 2021, and all of those periods allowed people to make quick trades and earn a good amount of money. There were plenty of times where you buy something in the morning and make a 10%+ profit by afternoon or evening.

So, it's not like it's impossible. However, it is also not a common thing and you should not be hoping that it would happen at all times, it's just a few times every 3-4 years and not common at all.

[Kelvinid]

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.

That is why you need to create a plan (entry and exit plan), however, this will work only if you are too serious about it.
Candlestick, price chart, MACD, etc...we can use some trading tools applicable as a basis of our analysis, TA, and FA. As having these things, it was easier for us to speculate on the market, however, this never means that we can predict what really happen but at least we can anticipate any possible change that may occur.

[bitcrystal]

if you  are very good with candle sticks pattern like doji, bullish and bearish engulfing candles, maribuzoo and so on. thats what you should look out for when  buying and selling. all these thing are seen on chart. you can also use indicators or different trading styles. you just have to find the best that works for you, practise and stick to it.

[barbara44]

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.

That is why you need to create a plan (entry and exit plan), however, this will work only if you are too serious about it.
Candlestick, price chart, MACD, etc...we can use some trading tools applicable as a basis of our analysis, TA, and FA. As having these things, it was easier for us to speculate on the market, however, this never means that we can predict what really happen but at least we can anticipate any possible change that may occur.

Well they really need to be serious about it if what they want is to earn and to become a successful trader. Those who quit early only shows that they are not serious and they don't have any plans, that is why they fail too easily. No one predicts the market in full accuracy but tools are only there to help us at least predict a little closer to it.

@Mate2237
So, that means those who said that trading is a difficult thing were lying to us the whole time?
But, I think trading is actually difficult because so many things that you will need to do to learn it or to improve your trades and even for experienced traders, they sometimes have a difficulty with their trades.

[dunfida]

if you  are very good with candle sticks pattern like doji, bullish and bearish engulfing candles, maribuzoo and so on. thats what you should look out for when  buying and selling. all these thing are seen on chart. you can also use indicators or different trading styles. you just have to find the best that works for you, practise and stick to it.

Some saying that technicals arent really that precise.Yes, its true but this is something more better rather than having no analysis at all.It would really be just sensible for you to make use of TA and FA
when doing trading.

This industry isnt gambling on where you do make out decisions without any basis.You would really be finding yourself to be in a problem if you cant able to read up those
candle patterns or even with those trend patterns which would really be that crucial when making out selling or buying decisions.

[South Park]

if you  are very good with candle sticks pattern like doji, bullish and bearish engulfing candles, maribuzoo and so on. thats what you should look out for when  buying and selling. all these thing are seen on chart. you can also use indicators or different trading styles. you just have to find the best that works for you, practise and stick to it.

Some saying that technicals arent really that precise.Yes, its true but this is something more better rather than having no analysis at all.It would really be just sensible for you to make use of TA and FA
when doing trading.

This industry isnt gambling on where you do make out decisions without any basis.You would really be finding yourself to be in a problem if you cant able to read up those
candle patterns or even with those trend patterns which would really be that crucial when making out selling or buying decisions.

What happens is that people want an indicator or a strategy that helps them win 100% of the time and something like that simply does not exist, if it was possible then whoever had such an effective strategy will sooner or later end up with all the wealth that is moving in the markets, and since that has  never happened then we must accept a strategy that is way less effective than that but that still can give us good profits given enough time.

[LouVandetta]

if you  are very good with candle sticks pattern like doji, bullish and bearish engulfing candles, maribuzoo and so on. thats what you should look out for when  buying and selling. all these thing are seen on chart. you can also use indicators or different trading styles. you just have to find the best that works for you, practise and stick to it.

Some saying that technicals arent really that precise.Yes, its true but this is something more better rather than having no analysis at all.It would really be just sensible for you to make use of TA and FA
when doing trading.

This industry isnt gambling on where you do make out decisions without any basis.You would really be finding yourself to be in a problem if you cant able to read up those
candle patterns or even with those trend patterns which would really be that crucial when making out selling or buying decisions.

Unfortunately, lots of traders with low knowledges how cryptocurrency trading works doesn't know that they need to do their own research be it technicals or fundamentals. They just simply want to make it rich in a little amount of time and with low effort to boot. Knowing where the market trends goes is also very important.

[TheUltraElite]

Unfortunately, lots of traders with low knowledges how cryptocurrency trading works doesn't know that they need to do their own research be it technicals or fundamentals. They just simply want to make it rich in a little amount of time and with low effort to boot. Knowing where the market trends goes is also very important.

True, many people got into crypto and still get into crypto because they think it is a legitimate get-rich-quick scheme, when all previous such schemes failed. This is because of the human mindset of less work more pay attitude. It becomes the root cause behind the arrival of scam pump and dump or signal groups and also the MLM/HYIP schemes.

Just like stock market trading needs some sort of chart analysis and then technicals, similarly crypto needs a lot of ground work to choose S/R levels and place trades based on those levels.

Nobody is going to babysit a trader in learning phase to buy or sell, they have to learn it on their own or pay for the lesson to the market by losing money.

[sklopan]

I would advise some traders to start being more independent. Don't rely on other people's advice.

[Hypnosis00]

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.

Perhaps, we don't need to tell people and put in their minds that trading is easy because the truth is that it was not, especially for beginners.
Traders must accept the fact that being a trader we can't assure that everything will be fine. Even though we use all the trading tools available and yet, this will not give us assurance to make a profit.

It is very important for us to have a huge understanding of the market trend. Not just we are good in TA and FA, therefore, we can say it was enough. It might, but if we can do more then that was an advantage.

[TheUltraElite]

I would advise some traders to start being more independent. Don't rely on other people's advice.

A good advice, but few users follow it during their first days of trading when they lack prior experience. When the initial trading enthusiasm makes a newbie trader lose money, they tend to think of cheating the system and trying to make money outside of the normal. Then they find signal groups and self-proclaimed traders who show off as rich dudes riding cars.

Eventually they learn their lesson that such signals are useless but most have lost money by then. Having an prior experience in other markets before getting in crypto stop this from happening.

If losing money in trading becomes a problem then they need to stop trading, because losing money is a part of the learning curve.

[xSkylarx]

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.

That's why it makes it difficult. If you can't take trades, then you are not trading at all. I also noticed that when I was just learning it and reading the sample chart, it was really easy to spot things where to trade or where to stop, but when in the actual market, it is difficult. Indicators are really one of the best things you should rely on (to know when to trade or exit) and also do it in demo because, as you can see, most experienced traders can spot what kind of movement they are looking for, so doing your strategy in demo could gain you experience and make you more confident in taking trades in the real market with real money.

[rojan]

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.

If a player knows or has an idea of ​​when to do it and has a little idea of ​​when it should start or stop, I think it would be an easy task to make money from here, but somewhere here  It is very difficult to find a place to start, but if you are a good apprentice, it will be easier to find your pocket running and everything will be easier for you here.

[Questat]

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.

Those who say trading was difficult are right and they are just telling truth and the risk that might put you in regret later.
So, forget whoever told you that trading is easy, we don't make people underestimate the market and trading as well coz whether we like it or not, that seems difficult in real life.

Yes, it was too easy to see how the market flowed, it was too easy to read the market chart but, it was hard to analyze due to the market volatiltiy. You can't make it simple and easy.

[dunfida]

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.

If a player knows or has an idea of ​​when to do it and has a little idea of ​​when it should start or stop, I think it would be an easy task to make money from here, but somewhere here  It is very difficult to find a place to start, but if you are a good apprentice, it will be easier to find your pocket running and everything will be easier for you here.

If there are people who could precisely able to tell or predict on when to enter or when to sell then they would be the richest person here on the market since we know that price isn't something that we could predict on easily and because of unpredictability of the market that's why we do keep on boggling our minds on what's the right position.

Dealing with this market isn't something easy for you to handle on and to those who says that it was easy then it's just pure bullshit kind of claims.

[teosanru]

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.

Ideally there is a complete theory on this you have to enter on primarily when there is either a breakout, reversal or continuation of any major pattern, in this you take confluence with some indicator that you have in your arsenal and then prepare some pivot points for take profit and stop losses. This way you trade appropriately finding the correct points of trading.