Cryptornd (OP)
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June 24, 2022, 06:26:40 PM Last edit: June 25, 2022, 03:18:39 AM by Cryptornd |
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BTCtrading system is being called to how you get in and get of a trade. there are some major components in a trading system. it can be a combination of one or more factors. some of them are below.
1. indicators
*Leading And lagging indicator
2. volume trading
*Volume confirms the trend of the chart
3 price moving.
*Price pattern.
*Major characteristics of a trading system*
1. Make it simple 2. easy to apply 3. system must provide profit in the long term run 4. Respect your system
5. Dont follow what other traders do. must be learned by them. not to copy. ( Very important ) By following other Crypto influencers in Social media you can loss your entire portfolio because they are just promoting and Earning money. they don't care about quality of the project . in this case most of newbies to the crypto are lossing their money by following those influencers and buying what they recommend and loss the money.
Most of those influencers Charge more than $3000 Per 1 post from their Social media accounts.
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boyptc
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June 24, 2022, 10:09:11 PM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop?
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South Park
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June 25, 2022, 12:12:17 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? This is very common, those which know how to trade do not really need to use their time to write books about the subject as they can easily get more profits with less effort if they trade the markets, however since there is such a huge demand for books and trading courses then traders which know something about the market but which do not have a history of making profits in the markets end up as teachers, which cannot show their students how to profit from the markets since they do not know how to do that on their own.
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Cryptornd (OP)
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June 25, 2022, 01:43:30 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? And also influencers's cost for promoting is sometimes more than $5000
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GreatArkansas
Legendary
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June 25, 2022, 01:48:20 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? For me, it is the most common mistake of newbies, especially those who are learning how to trade. I think most of us experienced this, but having to learn on our own and having our knowledge will help us to become good traders. There are also some people who are learning by copying other people, but for me, this is just on the beginning, it's like you are copying or adapting someone's knowledge on trading.
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| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
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Cryptornd (OP)
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June 25, 2022, 03:17:22 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? For me, it is the most common mistake of newbies, especially those who are learning how to trade. I think most of us experienced this, but having to learn on our own and having our knowledge will help us to become good traders. There are also some people who are learning by copying other people, but for me, this is just on the beginning, it's like you are copying or adapting someone's knowledge on trading. added it to the post
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GelatikKembar
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The OGz Club
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June 25, 2022, 05:01:55 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? For me, it is the most common mistake of newbies, especially those who are learning how to trade. I think most of us experienced this, but having to learn on our own and having our knowledge will help us to become good traders. There are also some people who are learning by copying other people, but for me, this is just on the beginning, it's like you are copying or adapting someone's knowledge on trading. However, mistakes are experiences and will make us keep learning and getting better. indeed to become a crypto trader is not easy and there are many things to learn because of the complexity of trading, imitating I think it's legal but those who do it need to be responsible for their own decisions and risks
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Zilon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 25, 2022, 09:14:15 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? Copy trading is the most riskiest form of trading. I know of a crypto mentor who always make his student feel no matter how good they get in analyzing trends they will always need his signals and confirmation to make any trade and most times those predictions moves in opposite direction. Gaining good knowledge about the crypto trading system is the way out of been mislead through copy trading. Just as boyptc stated copying a trade should be a confirmation and not the sole base of making decisions on trades because in the crypto market no one always get their analysis 100%
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palle11
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June 25, 2022, 11:57:38 AM |
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5. Dont follow what other traders do. must be learned by them. not to copy. ( Very important ) By following other Crypto influencers in Social media you can loss your entire portfolio because they are just promoting and Earning money. they don't care about quality of the project . in this case most of newbies to the crypto are lossing their money by following those influencers and buying what they recommend and loss the money.
This is surely true, many social media and YouTube videos are only to enrich the bloggers and not for the readers benefit. You mentioned indicators, true it is better to understand the indicators that better fit into your trading pattern and not to depend on the influencers because nothing comes to you freely. Understanding the indicators and combination of them helps us to get profit. Hard and rigorous personal study will give us the real understanding.
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boyptc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 25, 2022, 07:31:37 PM |
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5. Dont follow what other traders do. must be learned by them. not to copy.
With what I see today, newbies tend to follow the experienced ones. But what's sad is that these mentors aren't for real and many of them are fake ones that don't really trade. They teach the basics but they don't do it in real life for their own trades. They sell the courses and that's how they make profit with. But if there's something good and effective that you can follow or copy as an example to your own trading style, why not apply it on your own and if it results good? Why stop? This is very common, those which know how to trade do not really need to use their time to write books about the subject as they can easily get more profits with less effort if they trade the markets, however since there is such a huge demand for books and trading courses then traders which know something about the market but which do not have a history of making profits in the markets end up as teachers, which cannot show their students how to profit from the markets since they do not know how to do that on their own. It is the other market for them. Little did they know that there's a better and more sure money by doing that so they focus on it eventually. It is the reality that I've seen from trading and those that can't do it but has a knowledge are making money from teaching. It is not just one person that I've done that but too many to mention and they just keep on growing in numbers.
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OcTradism
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June 26, 2022, 03:31:17 PM |
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Little did they know that there's a better and more sure money by doing that so they focus on it eventually. It is the reality that I've seen from trading and those that can't do it but has a knowledge are making money from teaching.
It is not just one person that I've done that but too many to mention and they just keep on growing in numbers.
If you think you always can get profit, you will not be winner but will be loser. The market moves in a way that surprises the crowd so if you and the crowd think it is bullish, bear will come. If you and the crowd feel bearish, open short positions with too high leverage, the market will become bullish. Trading is not easy to understand. You can learn many courses, spend many time in trading but it does not give you a guarantee that you will be a winning trader. It's very difficult as most of traders are losers as the rule 80 - 20
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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boyptc
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June 26, 2022, 09:11:43 PM |
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Little did they know that there's a better and more sure money by doing that so they focus on it eventually. It is the reality that I've seen from trading and those that can't do it but has a knowledge are making money from teaching.
It is not just one person that I've done that but too many to mention and they just keep on growing in numbers.
If you think you always can get profit, you will not be winner but will be loser. The market moves in a way that surprises the crowd so if you and the crowd think it is bullish, bear will come. If you and the crowd feel bearish, open short positions with too high leverage, the market will become bullish. Trading is not easy to understand. You can learn many courses, spend many time in trading but it does not give you a guarantee that you will be a winning trader. It's very difficult as most of traders are losers as the rule 80 - 20 I think that mindset is totally okay, that means positivity and you're trying to outlook to the market through having that thought that you can make money on it as most times. However, it's also true that it's hard to make from it at most times and you need to rethink of being too easy on it because trading isn't easy and making money from it takes a lot of time including the experiences.
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crzy
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June 26, 2022, 09:32:22 PM |
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5. Dont follow what other traders do. must be learned by them. not to copy. ( Very important ) By following other Crypto influencers in Social media you can loss your entire portfolio because they are just promoting and Earning money. they don't care about quality of the project . in this case most of newbies to the crypto are lossing their money by following those influencers and buying what they recommend and loss the money.
This is surely true, many social media and YouTube videos are only to enrich the bloggers and not for the readers benefit. You mentioned indicators, true it is better to understand the indicators that better fit into your trading pattern and not to depend on the influencers because nothing comes to you freely. Understanding the indicators and combination of them helps us to get profit. Hard and rigorous personal study will give us the real understanding. Though you can learn also from a legit influencer who are sharing real deals idea about trading but of course you still need to analyze your own so you can be more effective in trading. Learning how to use indicators are very important, this is the key for you to succeed, and in trading we should always do this according to our own strategy and plan, trader should not be more emotional about the market and better to stay focus.
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sakil200
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June 29, 2022, 06:07:44 AM |
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Trading is a job where you always have to stay updated. There should be a supply of technical chart tables, updated news, etc. with every price rise and fall. In the palm of your hand which will help you to identify the market trend. Try it out.
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jrrsparkles
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June 29, 2022, 01:00:56 PM |
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Trading is a job where you always have to stay updated. There should be a supply of technical chart tables, updated news, etc. with every price rise and fall. In the palm of your hand which will help you to identify the market trend. Try it out.
Not guaranteed which is also you have mentioned it so that some newbies don't go really hard at every news and learning the technical analysis of cryptocurrencies by paying some money to the same cryptocurrency influencers or reputed traders we all are talking about. Trading is buying and selling so we can find out strategies with no limits and it may work some time and not for most of the times.
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noorman0
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June 29, 2022, 01:31:18 PM |
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-snip- 5. Dont follow what other traders do. must be learned by them. not to copy. ( Very important ) By following other Crypto influencers in Social media you can loss your entire portfolio because they are just promoting and Earning money. they don't care about quality of the project . in this case most of newbies to the crypto are lossing their money by following those influencers and buying what they recommend and loss the money.
Most of those influencers Charge more than $3000 Per 1 post from their Social media accounts.
This is not included in the trading system in general, the influencers in the explanation only claim to be promoters of this product and business, including part of the pump and dump scheme, while their background is completely unrelated to this field. Actually a lot of influencers are real traders, and it's recognizable how they explain the trade and some important notes (disclaimer) as a prologue.
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This space for rent. Available in mid January 2024 - PM me
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serjent05
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Up to 300% + 200 FS deposit bonuses
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June 29, 2022, 03:33:09 PM |
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I found an article [1] that deeply discusses trading system. If someone is interested it can be found in the link below. I would like to capitalize on the suggestion given in that article. It says: - No matter what trading system we use, we must thoroughly examine the strategy. Presently, there are many solutions that offer to analyze your trading systems for you, giving you a detailed report on the pros and cons. This is a huge timesaver compared to having to analyze the trading system all by yourself.
- It is ultimately up to the individual investor to perform his or her due diligence on the trading system that they want to use.
- The key thing to remember is to not only focus on the gains over a specified period of time, but also the maximum drawdown and risk exposure of the system. For example, if a trading system that trades during a bear market is making a lot of profits when the markets are falling, it doesn’t mean much. The trading system should also be tested during a market uptrend as well.
- Other factors to consider include understanding what assets to use the trading system on, and the time frame for holding the trades as well.
[1] TRADING SYSTEMS – EVERYTHING YOU NEED TO KNOW
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wiss19
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June 29, 2022, 05:59:55 PM |
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Little did they know that there's a better and more sure money by doing that so they focus on it eventually. It is the reality that I've seen from trading and those that can't do it but has a knowledge are making money from teaching.
It is not just one person that I've done that but too many to mention and they just keep on growing in numbers.
If you think you always can get profit, you will not be winner but will be loser. The market moves in a way that surprises the crowd so if you and the crowd think it is bullish, bear will come. If you and the crowd feel bearish, open short positions with too high leverage, the market will become bullish. Trading is not easy to understand. You can learn many courses, spend many time in trading but it does not give you a guarantee that you will be a winning trader. It's very difficult as most of traders are losers as the rule 80 - 20 Yeah that mentality is wrong. There is no such thing as until profits here but for those who want to enter should be realistic and always realize that there's a chance to lose, in that way they will not risk money too much money and they can stop once they already made some gains. The market moves in a mysterious way so don't expect that your predictions can occur if you don't want to get a lot of disappointment but better if you can just go with the flow and do actions whatever the market is throwing at you. Learning more courses and spending more time is still better than the opposite because that can still contribute to the trader.
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minime0105
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June 29, 2022, 08:20:24 PM |
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Trading is a job where you always have to stay updated. There should be a supply of technical chart tables, updated news, etc. with every price rise and fall. In the palm of your hand which will help you to identify the market trend. Try it out.
trading is none man's job, because for trading now it is occupation that you are willing or interested to develop your self without anyone supporter. Because if you fails to learn right well it will affect your trading and if you don't learn well and understand the format of trading. Because when bitcoin falls it's you that can bring solution for your trading pattern. Bitcoin is currency that you have to understand the root before trading, so it needs more formation and seriousness
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sakil200
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June 30, 2022, 10:03:47 AM |
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When it comes to trading, there are times when the emotions of our human life will want to control our trading strategies and the rules that we have set for our own trading. Remember you cannot expect revenge from the market. Don't be vindictive and passionate about any particular century in the market
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