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Author Topic: The Signal to Start Trading and the Signal to Close Trading  (Read 640 times)
ScamViruS
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May 27, 2022, 08:44:54 PM
 #81

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.


Trading is definitely difficult. Finding market trends is not an easy task, it requires a lot of experience and the ability to understand the market. Depending on the candlestick, one trader cannot always predict the future trends of the market, as the impact of different news on the market is also greatly affected. As a result, it is important to do a fundamental analysis. So, trading is not an easy thing, to be a successful trader you have to work hard.

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stomachgrowls
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May 28, 2022, 06:49:35 PM
 #82

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.


Trading is definitely difficult. Finding market trends is not an easy task, it requires a lot of experience and the ability to understand the market. Depending on the candlestick, one trader cannot always predict the future trends of the market, as the impact of different news on the market is also greatly affected. As a result, it is important to do a fundamental analysis. So, trading is not an easy thing, to be a successful trader you have to work hard.
If trading was easy then majority of people on this market would really be doing trading and we know it does compose of buyers and sellers which would signifies that there would really be a losing trader

for every profiting trader on the other side which its really impossible and not really that right nor does fit in talks about on being easy.You would be finding it for yourself that it would be hard once you do

step your foot into the market on where you do realize that dealing with this isnt something easy that could able to handle out but it doesnt mean that its impossible but it would surely
takes time and lots of efforts would be made before you could make a good grasp to it.

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May 29, 2022, 12:44:29 PM
 #83

If you are new into trading, it’s going to be difficult for you to know the signals of opening and closing your trades. Of course, you need to take time learning more about the trading indicators. Even experienced traders are finding it difficult as well despite that they are using trading indicators, as we can’t simply control the movement of Bitcoin and other cryptocurrencies.

Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.

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May 29, 2022, 02:53:17 PM
 #84

If you are new into trading, it’s going to be difficult for you to know the signals of opening and closing your trades. Of course, you need to take time learning more about the trading indicators. Even experienced traders are finding it difficult as well despite that they are using trading indicators, as we can’t simply control the movement of Bitcoin and other cryptocurrencies.

Trading indicators are only helpful for scenarios before you can decide to go for it or not. There’s no way that it’s going to be easy, even if you are already an experienced trader. Anything can happen without warning, and always expect the unexpected.
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.

If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.

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Ziskinberg
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May 30, 2022, 11:38:15 AM
 #85

snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.

If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
It was indeed difficult for the newbies, nobody had grown and learned fast in trading, and much more if we only have limited time and lack of knowledge.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.

But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.

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molsewid
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May 30, 2022, 02:35:58 PM
Last edit: May 30, 2022, 02:54:56 PM by molsewid
 #86

snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.

If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
It was indeed difficult for the newbies, nobody had grown and learned fast in trading, and much more if we only have limited time and lack of knowledge.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.

But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.

Yes it is proven that buy low and sell high tricks for beginners is still applicable in any coin, but as time goes by we need to widen our knowledge for greater opportunity and for better understanding the chart for our daily trades. As time passes by, we will be get used to it that not all the time that can be useful but yes it is but we need to grow and teach ourselves more.

.
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Lanatsa
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May 30, 2022, 08:36:09 PM
 #87

snip~
but the hardest part for me is choosing the right asset for day trading. As for determining the buying price and selling price, I think we can see all of that in several tools available on the exchange. it's not 100% accurate because it's just an approximation and conjecture. so there's a chance it will happen, or it will miss.

If you have set sales targets, you are as consistent as possible with those prices. many lose their trading moments because they are too greedy to get the best price.
come out when you feel satisfied. we have control over ourselves.
It was indeed difficult for the newbies, nobody had grown and learned fast in trading, and much more if we only have limited time and lack of knowledge.
And aside from that, we are also fighting hard how to control our emotions which is the main reason why we fail and the reason for our losses. As long as this remains uncontrollable, we neither expect success.

But what I see, "buy low and sell high" is still a working strategy. If we could just follow this, I'm going to say that all of us traders will become rich but unfortunately, this never works for everyone.

Yes it is proven that buy low and sell high tricks for beginners is still applicable in any coin, but as time goes by we need to widen our knowledge for greater opportunity and for better understanding the chart for our daily trades. As time passes by, we will be get used to it that not all the time that can be useful but yes it is but we need to grow and teach ourselves more.
Just as usual into those people who had bought below 30k are now making profits since the market had made out some greens even though it isnt really that too big but it is really good for shorter deals or trades.

In speaking about signals on when to buy and when to sell is actually depending on someones preference and own decision which would really vary into each person because we do have different scale in terms of

skills and perception towards our trading positions.Some might be going for long term and some would be going for short term.So it does really vary.

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May 30, 2022, 08:46:57 PM
 #88

Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.

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May 31, 2022, 08:09:38 PM
 #89

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.
You are contradicting yourself here.

One end you are saying that trading ain't that hard but then you are asking what's the best time to buy and what's the best time to sell which is all trading is about. If one knows when to sell and when to buy, they are already masters of trading.

If by easy you mean you have learned by how to place orders then well, it's the very basic thing and everyone knows it.

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June 02, 2022, 02:47:05 PM
 #90

Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.

Skills and indicators are qiite important in the business of trading because you have done it overtime and when the challenge comes you can handle it. There is another side to the skill and indicators that is experience and emotion. If you you can't put emotion to check then no matter the best indicators, you still keeping coming back to emotional mistake.

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June 02, 2022, 07:06:00 PM
 #91

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.
But this does not still mean trading is easy, the theoretical part can be easy but to make profit often may not be easy. You are right that using trading indicators is very important, I started to use Bollinger Band and Relative Strength Index and I make some profit, but my take profit is not that of a long range and I am cool with just the little profit I make. Some traders do not make use of trading indicators but just trade like they are gambling which makes them more vulnerable to losses.

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June 02, 2022, 08:14:18 PM
 #92

Timing is as important as price point when you enter or exit the market position. Some traders use various indicators that derived from price while other traders use sentimental analysis for this purpose that can help to perfectly nail timing/price ratio. In volatile crypto markets, using all available tools doesn't mean you gonna succeed on this way, you have to improve your trading skills for near perfect shots. Make your choice that suits your trading style.
Skills and indicators are qiite important in the business of trading because you have done it overtime and when the challenge comes you can handle it. There is another side to the skill and indicators that is experience and emotion. If you you can't put emotion to check then no matter the best indicators, you still keeping coming back to emotional mistake.
This 4 could be like a book levels of detailed importance. If you have skill (meaning you know what you are doing and studied trading very well) and you can read charts and indicators, then you have all the things you need in order to be a good trader, but you do not start as the great one, with more experience you become better and better, but only if you are capable of leaving your emotions at the door when you come in to start trading.

I honestly feel like that is the way to get rich in this world. This is a great post that should be detailed a lot more by someone who has the ability to make some good content and I bet it will get a lot of merit as well.

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Oilacris
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June 02, 2022, 08:19:01 PM
 #93

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.
But this does not still mean trading is easy, the theoretical part can be easy but to make profit often may not be easy. You are right that using trading indicators is very important, I started to use Bollinger Band and Relative Strength Index and I make some profit, but my take profit is not that of a long range and I am cool with just the little profit I make. Some traders do not make use of trading indicators but just trade like they are gambling which makes them more vulnerable to losses.
Trading is never been easy and i dont really believe into those people who do really claim out that  trading is easy and going back into someone personal status of their trading activities then
it doesnt matter if you do earn less or big because the one thing you should do mind off on how you would gonna sustain your trading.

Doesnt matter on what are the ways or methods you would be using because this is the only thing that what matter most which is related to this.

Knowing on the perfect buy or sell time is impossible because this market is really that unpredictable which means that it cant be possible.

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June 03, 2022, 03:44:24 PM
 #94

But this does not still mean trading is easy, the theoretical part can be easy but to make profit often may not be easy. You are right that using trading indicators is very important, I started to use Bollinger Band and Relative Strength Index and I make some profit, but my take profit is not that of a long range and I am cool with just the little profit I make. Some traders do not make use of trading indicators but just trade like they are gambling which makes them more vulnerable to losses.
Indicators are only for giving a general idea about the market movement and not for accurately predicting the movement. Moreover, technical analysis is a pseudo-science and is more or less correct in 50-50 cases because a lot of factors are involved here.

What I prefer is the long term game for buying low and selling high. In between, just hold, dont look at the market prices and panic - get involved in some other stuff in life Grin

When the market bounces back you have your chance again. But very little use of indicators would be needed for this. The major use of indicators is in day-trading and that too ends up being a gamble.

So if you want to stay with the advantage in your hands, better to stick to long term trading and use indicators will a bag of salt.

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June 03, 2022, 06:03:24 PM
 #95

ndicators are only for giving a general idea about the market movement and not for accurately predicting the movement. Moreover, technical analysis is a pseudo-science and is more or less correct in 50-50 cases because a lot of factors are involved here.
Indicators are actually helping in prediction to know the direction the market will go, either up or down, but there are sometimes that indicators may fail, there are sometimes you may think the indicator failed to give you the right prediction, but later the market will correct itself to the direction the indicators are pointing to. I have used indicators and they work successfully. But no using only indicators will help, also self discipline and risk management are all important.


What I prefer is the long term game for buying low and selling high. In between, just hold, dont look at the market prices and panic - get involved in some other stuff in life Grin

When the market bounces back you have your chance again. But very little use of indicators would be needed for this. The major use of indicators is in day-trading and that too ends up being a gamble.

So if you want to stay with the advantage in your hands, better to stick to long term trading and use indicators will a bag of salt.
Long term is the best, let the market fall, buy and wait and sell when the market has risen, but buy again when the market fall. No indicator is needed for this but some professionals use indicators too like the SMA.

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June 05, 2022, 07:23:32 PM
 #96

Trading is never been easy and i dont really believe into those people who do really claim out that  trading is easy and going back into someone personal status of their trading activities then
it doesnt matter if you do earn less or big because the one thing you should do mind off on how you would gonna sustain your trading.
Those which claim that trading is easy can only fall into three categories, those which have never tried and have a misconception of it, those which are trying to get you into the market so you can acquire their services or even scam you, and those which are natural born geniuses and which do indeed find trading to be easy.

However the truth is that by far the majority of the people will find trading to be hard, and it is not difficult to see why this is the case, if we think of trading as a competition then you are competing against millions of people which have the same goal as you, which is to make money in the markets, meaning that only the best have any chance of making any money, while the rest slowly see their capital going down as they do not understand the true nature of the markets.

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June 05, 2022, 09:51:25 PM
 #97

ndicators are only for giving a general idea about the market movement and not for accurately predicting the movement. Moreover, technical analysis is a pseudo-science and is more or less correct in 50-50 cases because a lot of factors are involved here.
Indicators are actually helping in prediction to know the direction the market will go, either up or down, but there are sometimes that indicators may fail, there are sometimes you may think the indicator failed to give you the right prediction, but later the market will correct itself to the direction the indicators are pointing to. I have used indicators and they work successfully. But no using only indicators will help, also self discipline and risk management are all important.
You are right that indicators will not make the trading successful all alone. You need other stuff, experience and risk/reward ratio correctly calculated is another one. I personally believe that the indicator reading is just a part of the trading world, and it is not the whole part.

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.

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June 06, 2022, 03:59:11 AM
 #98

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.

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June 06, 2022, 10:40:50 PM
 #99

With signals I advise you to be as careful as possible. Do not forget that quite often there are moments when signals can provide information that requires confirmation.
yes of course but that actually happened the source of signals provider is not really perfect, i know it's not every time a signal most be accurate, but some elements of signs will be shown directly, the source get read of my signal never disappointed me, if they will a change or difference it will be slightly difference with what my source capture and also caution. Shall in normal circumstances we are not suppose depends on signal another person. But using chart will give you more courage than any.

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June 08, 2022, 06:08:19 AM
 #100

Learn everything there is to know about trading, as well as I use crypto signals from mycryptoparadise to turn my investments into profits. However, learning about candles, indicators, and other concepts is essential for getting started.
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