justdimin
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February 28, 2023, 07:44:19 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
I think there is no such thing as real in the world of trading, indeed there are those who say that when trading in the crypto market the bullish period is the most profitable period and this can be done in spot trading and it can be true because at any price we buy coins in the short period, the price will always go up until the bullish period is over but unfortunately traders cannot know exactly when the market is still bullish or has entered a bearish so traders can still get trapped and experience losses as well Bull period is also good for investment as well, you could just buy and hold it until the end of bull period and you will end up with a profit in the long run as well, it's not a big achievement to make a profit during bull period, we all do that, even newbies can get lucky enough to have wealth during bull period and that's not achievement. The real achievement starts when you know how to protect your wealth if you made it, and get out during the right time and manage your money during the bear period. If you 10x your money but then lost it all back again that is not an achievement, but if you made it 10x and kept it there for a year or two? That is actually pretty solid.
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Bushdark
Sr. Member
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Activity: 1050
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Vave.com - Crypto Casino
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February 28, 2023, 10:22:52 PM |
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I don't believed in trading seasons such as the speculation that when BTC is up, alts are down then vice-versa.
You can profit at trading even at the worst days of the market with a good timing executing your strategy.
Just trade at your best regardless of the season you are referring. Same strategies applies and just be better at it.
Have you heard of the traders that thought they were good in bullish period like 2016, 2017, 2020 and 2021? Traders that have the kind of mindset that they just need to buy or open a long position, they will make profit and they are good until the bear market comes. Also some traders that often go short during bear market may think they are good until another bull market comes. You are not wrong by saying a good trader can make profit at anytime irrespective of the market condition, but trading towards the trend can help. so many traders followed this pattern but they were surprised about what happened to the at the later end. The crypto know market is not like the normal regular forex market that we can easily trade and leave our trader like for 7 to 10 days without we bothering ourselves. The forex market does not move like the cryptocurrency market and we should be ready to day trade rather then goin for swing trading that could make us to end in loses. So far, many of the traders may not be doing fine because of inconsistency.
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Merit.s
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March 02, 2023, 01:30:45 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
From my observations, I don't think that there is a special season for trading to make profit,if not everybody will wait for such opportunity. You can make profit either on the bull run or the bear market, what matters is your market analysis and your skill in trading. Luck is also a factor that helps trader to make profit based on their trading skill. You might make huge profit today and loss more tomorrow. These are the challenges that trader experience in the market. The bull market will be a better time for profit making,which might be unpredictable.
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slashz9
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March 04, 2023, 09:51:29 PM |
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Instead of relying on vague concepts such as lucky days or seasons, it's important to focus on developing a solid trading plan and strategy that takes into account your risk tolerance, investment goals, and the overall market conditions. This will help you make informed trading decisions and increase your chances of success over the long term.
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borovichok
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March 05, 2023, 07:00:52 AM |
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From my observations, I don't think that there is a special season for trading to make profit,if not everybody will wait for such opportunity. You can make profit either on the bull run or the bear market, what matters is your market analysis and your skill in trading. Luck is also a factor that helps trader to make profit based on their trading skill. You might make huge profit today and loss more tomorrow. These are the challenges that trader experience in the market. The bull market will be a better time for profit making,which might be unpredictable.
Mistakes are made and they can be corrected with covering up our losses with gigantic profits. On the market, there are only two seasons: the bear season and the bull season. In a bear market, projects frequently fail, but during a bull season, they frequently experience enormous bull runs. Every trader has their preferred trading season, but the majority of them tend to triggered the buy option during the bear season because their emotions have been manipulated by the idea of buying more coins then. Opportunities are always given in the act of good entries, specifically when the coin is at ATL, bagging that point is considered a good entry which will results in gigantic profits if the coin hits it's ATH. Making more losses than profits demotivate the trader and they feel to get bounced back to the market inform of revenge, that's given up more chances for one's account to get liquidated, so we should trade wisely and know the spot to hop out of a trade and also grab any profits seen because it's not a do or die affair.
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stadus
Legendary
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Hhampuz for Campaign management
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March 05, 2023, 08:42:12 AM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Sometimes we think about having lucky days in trading but it is actually because we are trading when the market trend is rising. It is quite different when we are trading during the bear season. If that person couldn't explain to you well, maybe he also doesn't understand what is he doing but got lucky only. Whether you believe it or not but most traders had come during the bull season where traders usually make a good profit this time but they have gone when the bear season starts.
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ethereumhunter
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March 05, 2023, 09:55:45 AM |
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Instead of relying on vague concepts such as lucky days or seasons, it's important to focus on developing a solid trading plan and strategy that takes into account your risk tolerance, investment goals, and the overall market conditions. This will help you make informed trading decisions and increase your chances of success over the long term.
This means we must improve our ability to adapt at any time because trading will always change. We also will never know what the market will be like but if we can learn continuously, we can certainly anticipate if the market is moving badly. Maybe according to some traders, there are certain times when they can trade. But traders with the ability and expertise will not see it that way because they can trade at any time. We should be able to learn this difference so that we can also trade at any time. And even though it's difficult, we must keep trying to improve our skills and trading skills.
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wxa7115
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March 06, 2023, 05:28:42 AM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Sometimes we think about having lucky days in trading but it is actually because we are trading when the market trend is rising. It is quite different when we are trading during the bear season. If that person couldn't explain to you well, maybe he also doesn't understand what is he doing but got lucky only. Whether you believe it or not but most traders had come during the bull season where traders usually make a good profit this time but they have gone when the bear season starts. It is because of this you need to test whatever strategy you are using on different markets and different market conditions, anyone that bought during 2020 or at the early months of 2021 may believe they were geniuses as they obtained huge profits, but they simply benefited from investing in bitcoin at the right time, and if they did not knew what they were doing it is likely they even lost way more money during the bear market of 2022. Good traders can be seen during the bear markets, since despite the difficult conditions they can still make some profits with their trades.
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bettercrypto
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March 06, 2023, 08:16:37 AM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
In carrying out activities in crypto trading, the income here is not based on luck, because if that is your basis, you are not called a trader but a gambler. Because traders are different from gamblers who only depend on luck to make a profit in trading. If you understand trading here in the crypto space, you can make money every day, big or small, it will never happen that you won't get any income in your balance wallet no matter what coins you trade.
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KingsDen
Legendary
Offline
Activity: 1274
Merit: 1081
Goodnight, o_e_l_e_o 🌹
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March 06, 2023, 02:06:33 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Apart from the idea of lucky days and the unlucky days in cryptocurrency trading. There is nothing like season in cryptocurrency trading unless the person is referring to the movement of the market from the bear trend to the Bull trend which is a cyclic movement. When traders trade during the bull run. They will likely have to make profit with little effort because the coins will always be on the green direction. But when the market turns to be the bear market, day traders especially amature traders would find it difficult to make profit when the market is in the wrong direction. This could be what the person means by the trading having a season.
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Sweetbtc
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March 06, 2023, 04:16:08 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
There are two types of seasons in trading, one is the season where you are buying and the And the second season is where you're selling.The shopping season is where all the markets come down and all the cryptocurrencies are available at very cheap prices.This is called the buying season and called the bear market.The second season is where you are selling your purchased cryptocurrency at a higher price and this season is called bullish season.Every Bear season is followed by a bullish season, and every bullish season is followed by a bear season.Bear season is the best season for buying and bullish season is the best season for selling.if you find a bear season first,it may prove to be your luck.
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wajik-tempe
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March 06, 2023, 04:28:49 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
I think there are no specific "seasons" in trading where profits are guaranteed, as the financial markets are highly unpredictable and subject to various external factors such as political events, economic news, and global developments that can influence price movements. To identify potentially profitable trading conditions, traders often use technical analysis and fundamental analysis to study market trends, identify patterns and indicators, and monitor news and events that may impact the markets. Or pro and experienced traders are having their own secret strategy that work well in certain market conditions.
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Nrcewker
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March 06, 2023, 04:42:56 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
Don’t go for unnecessary advice. Just remember the golden rule that, trade in limit. Trade the amount that you can afford to lose. There are no trading seasons specifically. What matters in trading is well observation and calculation. Check the coins and their marketcaps before investing in it. See what is the history of the coin and how is it graph for the past week. At last after you feel confident, buy the coins and hold for a certain profit target. Don’t be greedy and sell the coins when you reach you coin target. Your friend might be hinting you towards bull market when he meant correct season.
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salad daging
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March 06, 2023, 05:02:08 PM |
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Often hear about the altcoin season maybe that's what is called when bullish comes where some coins increase drastically due to market influences or other positive news.
To be honest, for the trading season, it is still difficult to identify when it will occur, how many times a year this cannot be guessed, and you don't need to believe in this talk, because after all, this is difficult to explain, let alone your friends can't explain it.
Still, trading requires skills that can analyze the coins that will be traded, including some of the patterns needed so that with the skills you have, trading whenever you can be profitable.
But don't ever think about something sweet, there is still a risk when you trade because no analysis is ever accurate.
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Sweetbtc
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March 06, 2023, 05:03:03 PM |
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Season? What does he mean seasons? Like Winter season or Summer season like that? I don't know there is a "season" where you can get profits from trading and at the same time, a "season" where you can lose money as well.
He didn't mean at all the seasons you are talking about, he meant the season of the crypto market where there is one season where the market goes down and another season where the market goes up. Down market shoppers are lucky.They buy crypto currency at a low price and increase their capital several times after the market goes up And the season you are talking about where you can lose your capital will be the season when people are selling and you are buying And this season will definitely be the Bullish season.which is not suitable for shopping at all.
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Dragonfund
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March 06, 2023, 05:29:47 PM |
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I was kind of confused little about something, after someone walked on to me and was telling me that in trading, there are seasons when you profit from it (lucky days) and when but when I asked for an explanation, he didn't give a clear explanation, so I had to bring it up here to know if there are truly seasons of profits in trading and how can I identify such seasons?
I think the person was trying to send a message to you that as a trader, you can make moeny during bull run whether you have an experience or not, those are the lucky days you do small set up and then in few minutes, you have made something depending on the amount of money you trade with but I will advise you, if you want to trade, don't wait till that period, start now there is bear market, you will get more esperience now and use that to make money in bull run instead of waiting for that time you will start trading with mistakes and when the bear markets emerges again, you wouldnt be able to understand anything.
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CoolBoybd
Jr. Member
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March 06, 2023, 06:08:59 PM |
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Trading season means about bull trading season when almost all the Cryptocurrencies pumps. I don't think there is another lucky day expect Bull Season. So we should wait for the bull season to make perfect trading.
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naikturun
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March 06, 2023, 06:30:35 PM |
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what is meant by lucky season is maybe when the bull season occurs, many people or mostly people will get profit because all coin will massive pump. but that happen in every few years once, so that mean you must wait until that come.
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sana54210
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March 06, 2023, 06:44:03 PM |
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It is because of this you need to test whatever strategy you are using on different markets and different market conditions, anyone that bought during 2020 or at the early months of 2021 may believe they were geniuses as they obtained huge profits, but they simply benefited from investing in bitcoin at the right time, and if they did not knew what they were doing it is likely they even lost way more money during the bear market of 2022.
Good traders can be seen during the bear markets, since despite the difficult conditions they can still make some profits with their trades.
That's so true and many people do not understand this. You are not a good trader just because you started at the right time, I understand that it may not be something that is true and real, because we are talking about something just assumption, but if you are a newbie who started right at the start of last bull run, and made a lot of profit, that doesn't make you a good trader. You need to survive for a few years before you call yourself a good trader, and most people either lose right away, or lose eventually. You need to learn with the flow and get better at it and that way you could be trading with profit at every turn, whatever the market is.
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CryptocurencyKing
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March 06, 2023, 07:09:04 PM |
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The seasons that exists in cryptocurrency trading could be linked to the bear and bull seasons where one tends to exert a dominant pressure on the market. Other than this, I don't know what seasons might there be in cryptocurrency trading.
Should we come to FX trading, we might talk about the sessions. Where we have various sessions such as the London and Asian sessions, which is largely due to the timing for the mass population of each of these sessions to be more active, participating in trades.
Hence, profiting from the seasons or sessions as the case may be is largely due to your experience and how you manage risk.
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