Trading trend is much better

[Barikui1]

In as much as trading can be very risky especially to someone that knows nothing of the craft, but it can also be profitable and lucrative to someone that knows what it entails and how to navigate his or her way around it, quite of late, I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

Am saying so because for the few experience I have had in trading, I have come to understand that anytime you trade against the trend, it's more likely that the market will do a quick one on you, and you will lose money in the process, and one thing we also needs to understand is that trend move is way more stronger than the market structure, so we need to know that most perfect set up, will mostly fail anytime it's against the trend, so the best way to navigate your way in the market that will make you profitable is by trading with the trend, not against the trend, I don't know if anyone sees it the same way, or have different opinion.

[Oshosondy]

Three indicators are important in trading. The first ones like the MA, EMA and BB. The second one which are oscillators like the RSI. The third one which show trends like the SAR. It would be good to make the trend indicator to confirm the direction before trading but there are different strategies in trading.

Am saying so because for the few experience I have had in trading, I have come to understand that anytime you trade against the trend, it's more likely that the market will do a quick one on you, and you will lose money in the process, and one thing we also needs to understand is that trend move is way more stronger than the market structure, so we need to know that most perfect set up, will mostly fail anytime it's against the trend, so the best way to navigate your way in the market that will make you profitable is by trading with the trend, not against the trend, I don't know if anyone sees it the same way, or have different opinion.

It depends on which trader you are. A scalper may not agree with you. Even sometimes a day trader may not agree with you. But some day traders will sometimes agree with you depending on the market. Swing traders and holders will agree with you definitely.

[Coin_trader]

In as much as trading can be very risky especially to someone that knows nothing of the craft, but it can also be profitable and lucrative to someone that knows what it entails and how to navigate his or her way around it, quite of late, I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

Following the trend is always the right move if you are doing trading since your goal is short term. It’s very hard to gain profit by countering the market movement unless you are a whale that holds a significant amount of money that can match the trend volume.

Simply determining the support and resistance can give you a guide on when to buy and sell since every trend always have an indecision stage for every support and resistance.

It’s easy to say to buy when the market is buying but you don’t know when will the buy will stop that’s why you need charts and indicators to determine the price spot for the potential end of the trend.

[Oshosondy]

Following the trend is always the right move if you are doing trading since your goal is short term. It’s very hard to gain profit by countering the market movement unless you are a whale that holds a significant amount of money that can match the trend volume.

Just like I have said that it depends. There are different time ranges in trading candle sticks. You can see the market fall and reach oversold but the trend is still downtrend, but if trend indicator indicates buy, it is possible that the market will increase. Assuming that shows in one hour candle stick, it may still be opposite in 4 hours stick in a way the market might rise and still later fall.  Trading is more complicated than what you people posted. But if you are a type of trader that can open a position for a day or more up to weeks, your approach is better.

[Gooner0]

Following trading trends is alright, I mean I've been trading for quite sometime now and I've been able to make little profits from following this strategy,
But mind you a lot of traders might not agree with you on this strategy, some people just do things that work for them.
And tbh it's really about doing what you believe will work for you .
If you believe this strategy will work, stick to it

[EL MOHA]

Am saying so because for the few experience I have had in trading, I have come to understand that anytime you trade against the trend, it's more likely that the market will do a quick one on you, and you will lose money in the process, and one thing we also needs to understand is that trend move is way more stronger than the market structure, so we need to know that most perfect set up, will mostly fail anytime it's against the trend, so the best way to navigate your way in the market that will make you profitable is by trading with the trend, not against the trend, I don't know if anyone sees it the same way, or have different opinion.

I can’t agree less with you, just as we say the more risk a thing is the higher the profit it brings. That’s why future trading is said to be highly profitable because of its risk, but to be able to make the most of this you need to have a better understanding of the market and market trend is one important aspect that of a good trade set up.

One advice I always give out is that never trade against the market you have definitely make the trade more riskier. If you look at most professional traders you will find out that before they usually do a set up they look at higher time frames and break it down and then find entry at lower time. This analysis which is termed top down analysis is usually just a way to actually get the trend of the market as it will be hard to find it on lower time frame except you are snipping.

Following the trend is the best strategy but that doesn’t mean people do not have trade against, experience traders sometimes trade against the market when there is a strong fundamentals analysis that will make the market to change trend, also there are indicators that will tell maybe a pair is overbought or oversold and if the volume on any of this decreases you will have experience traders going against the trade. Nonetheless this are all riskier than not following the trend

[ChocolateBitcoinK]

Everyone has their own strategy in trading, there are some people who don't want to trade against the market. Trading trend depends on the current market at that time. Usually, trading trends are determined through various market indicators and analysis. In my opinion, trading trend is more likely to cause loss as it is associated with rapid changes in the market, which can lead to sudden gains or losses. So in my opinion traders should keep analyzing the market regularly, using proper trading strategies. And trading by applying the management strategy well.

[SmartGold01]

Everyone has their various ways of trading especially when it comes trading different currency pairs because there market manipulation aren't similar with that of btc/usdt, it's more safer trading bitcoin/usdt than other coin and if following by trend meaning there are all possibility to lose huge because any whale could from nowhere to manipulate the market and it goes against you, when this happened meaning you have lose huge except you didn't involve much funds in trading account.

[Dr.Bitcoin_Strange]

I understand that you are talking about trading with current market trend (swings) which I don't believe that that is the only best strategy that can be very profitable for traders.

First, i want to believe that you are aware that we have different types of traders and there are some day traders, trend folollowers and scalp traders who prefers to use this particular strategy that you are implying while some traders in that same category will not use same strategy, they will enter a position against the current  market trend and will still make profit.

If we talked about the swing traders and position traders, I think, it's a custom  for them to trade against the trend because they can hold a position for a long period of time and will still name profit.

In trading, depending on the kind of trader you are, you will always make profit if you use the right strategy.

[cabron]

It's becoming hard to trade even when the trend is pretty much visible to anyone. Even if the market is still not oversold, the price is just dumped, which can only mean the market is manipulated. The market is just not getting predictable when the outside news are affecting all other markets and they are crashing.

Last week alone we are heading to 70k now we are already about to touch $60k. It's not good to chase trades like what OP is saying.

[SamReomo]

I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

That might be the best way of trading for some people but most traders who know the market well avoid making high value trades when market is pumping. No one knows when the pump overs and instead of making profits they may lose money.

Sometimes good traders do opposite of market trend instead of buying when others are buying they wait for others to sell at cheaper rates. And, when others sell their coins for cheap rates then such traders buy those coins and hold those for few days to make some good profits from those coins.

[irhact]

In as much as trading can be very risky especially to someone that knows nothing of the craft, but it can also be profitable and lucrative to someone that knows what it entails and how to navigate his or her way around it, quite of late, I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

It would be a wrong move to be tracing in opposite direction of the market as you aren't going to win any trade. When the market is dumping, you have to follow them to dump too since you're not an investor that can hold his tokens until the market starts pumping again. But before selling, don't be in a rush or you might get fool by the market as the dump was a fake one that would had been done by whales to manipulate other traders into selling. For those that knows how to trade futures, they're the ones that can make more profit when the market is dumping as they'll just open a short position and make profits like the market isn't bad and making others to lose.

[nelson4lov]

This has happened to me on multiple occasions in the market and I can say for a fact that if you're trading a market and the sentiment changes, you don't have to get hung up on the previous thread and need to adapt quickly to an ever changing market trends otherwise, you'll be caught with your pant down and in losses. I have learnt this the hard way and in the future, I hope to adapt really quickly when the market trends changes whether micro or macro trend, I'd need to change with it.

It's becoming hard to trade even when the trend is pretty much visible to anyone. Even if the market is still not oversold, the price is just dumped, which can only mean the market is manipulated. The market is just not getting predictable when the outside news are affecting all other markets and they are crashing.

Last week alone we are heading to 70k now we are already about to touch $60k. It's not good to chase trades like what OP is saying.

I'm not sure that what OP is saying. It depends on the implied meaning you got from it. It's only saying you should trade flexibly and not continue to trade a train once the market has headed in the opposite direction. For instance, anyone still hung up in that $70K pump last week, will have likely returned all money back to the market albeit some losses
 

[Stepstowealth]

In as much as trading can be very risky especially to someone that knows nothing of the craft, but it can also be profitable and lucrative to someone that knows what it entails and how to navigate his or her way around it, quite of late, I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

There is a popular saying amongst traders which is that the trend is your friend, and actually trading in accordance with the movement of the trend can be profitable for a trader but also it can be deceitful and not always reliable, because sometimes you notice that on a longer time frame the candles stick may appear to be bullish but if you reduce the time-frame to something like 15 minutes or 5 minutes from the bigger time-frames, you may observe some selling small selling opportunities. The better the experience that a trader is able to gather, the more easily that they will be able to detect these opportunities in the market and position themselves to really profit from it.

[kentrolla]

Just want to add few observations from my own mistakes in trading. First one being going against the trend as we become over confident and breach the basic rules and end up losing as some of us tend to think if market is bearish then it will go upward as we assume that it has hit the rock bottom but we are wrong most of the time and I have seen traders losing due to this tactics and secondly it's due to the urge of making money faster as everyone has their own set of strategy but once we start earning profit and wait for the right moment to make the next move and if it's taking more time then people do astray from their strategy and end up losing.

If we have right set of strategy and determination to follow it with patience then we can be successful.

[$weetne$$]

There is a popular saying amongst traders which is that the trend is your friend, and actually trading in accordance with the movement of the trend can be profitable for a trader but also it can be deceitful and not always reliable, because sometimes you notice that on a longer time frame the candles stick may appear to be bullish but if you reduce the time-frame to something like 15 minutes or 5 minutes from the bigger time-frames, you may observe some selling small selling opportunities. The better the experience that a trader is able to gather, the more easily that they will be able to detect these opportunities in the market and position themselves to really profit from it.

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It always depends on the timeframe that you are using to trade, you do not have to follow the trend as you can make profits from trading shorter timeframe than to trade daily if the daily timeframe appears to be bearish. Despite the way the market is going you can make profits when using a different timeframe. Some traders trade with 4 hours candles and they can make profits while others will use the 30 minutes or an hour timeframe and can profits too despite the market is falling. Following the trend should not necessary mean you should be doing exactly what other traders are doing or you are going to be losing as many of them are losing. The market is big for any trader to use the strategy that he has tested many times and he knows that it will help him to make better profits.

[KeenanEl19]

Everyone has their various ways of trading especially when it comes trading different currency pairs because there market manipulation aren't similar with that of btc/usdt, it's more safer trading bitcoin/usdt than other coin and if following by trend meaning there are all possibility to lose huge because any whale could from nowhere to manipulate the market and it goes against you, when this happened meaning you have lose huge except you didn't involve much funds in trading account.

I agree with you, indeed everyone has different thoughts so the same as the strategies they use in trading are certainly not all the same, but the goals are the same. I think this is not a problem because it is natural because we all have our own tastes in determining the strategy to be used and what we think is the best.

we should be able to allocate money that is not too large so it will not burden us when we experience losses.

[Ndabagi01]

In as much as trading can be very risky especially to someone that knows nothing of the craft, but it can also be profitable and lucrative to someone that knows what it entails and how to navigate his or her way around it, quite of late, I have observed that the best way to trade is by following the trend, what I simply mean is that if the market is buying, you will be only looking for a buying opportunities, if the market is selling, you will only be looking for a selling opportunities, I think with such strategy, you will definitely have a more win rate than you can ever imagined.

Trading in the direction of the trend is a good method use by traders that don’t want to lose a lot of money at trading. They’ve narrow down the risk into something they can take on to and not what other functions of the market is actually saying about the trend. Not all traders will agree with this though, but any trader that have been using this method to trade will agree with you instantly that following the trade trend is the best way to trade. What works for you may not work for others but that’s doesn’t mean yours is bad or theirs is better, it just depends on the time you enter the market and exit the market.

[JeffBrad12]

following the trend always works the best, when market is still just getting into bullrun, longing with high leverage works pretty well but the problem is if there is sudden turn of the market because of sudden bad news that could potentially fud the market to oblivion, and yes i'm talking about the case like sudden ftx collapse and german government dumping, that's where it could completely destroy your trade, but as long as you only use the money that you can afford to lose and trade multiple pair whilte also didn't just use all the money in one go you will be fine.

riding on the trend might sound great, but anyone need to know that it's not as easy as it seems.

[SmartGold01]

Everyone has their various ways of trading especially when it comes trading different currency pairs because there market manipulation aren't similar with that of btc/usdt, it's more safer trading bitcoin/usdt than other coin and if following by trend meaning there are all possibility to lose huge because any whale could from nowhere to manipulate the market and it goes against you, when this happened meaning you have lose huge except you didn't involve much funds in trading account.

I agree with you, indeed everyone has different thoughts so the same as the strategies they use in trading are certainly not all the same, but the goals are the same. I think this is not a problem because it is natural because we all have our own tastes in determining the strategy to be used and what we think is the best.

we should be able to allocate money that is not too large so it will not burden us when we experience losses.

This is what all newbie traders are facing because they think after locating a specific amount to trade they will just gain their amount in their next three without knowing how what pairs they should trade on that is why before going to trade they first at least allocate an amount that worth riskable.
Trading is interesting if carefully study the trading pairs to know how the manipulation works to reduce much tension while trading with huge capital.