Trading

[Anonymous No.22648416]

How the fuck do you trade? My current strategy is

>Buy low
>sell lower
>Sell high
>Buy high

How the fuck do I determine what's the bottom and what's continuation? I'm getting fucking raped here.

[Anonymous No.22648499]

If any retard here knew how to make trade predictions with more than 51% success rate he would be a rich retard. Focus on money management and safe trades not on perfectly timing the market

[Anonymous No.22648539]

>>22648499
Can you help describe what constitutes a safe trade? I try to combine price movement, indicators, divergence, and moving averages, but a lot of the time it simply doesn't work.

When I look back at charts, the strategies all seem to align with the stars, but live trades seem to ignore all that shit and just bend me over

[Anonymous No.22648574]

[Anonymous No.22648592]

Buy good assets and don't sell. Money is worth less than you think.

[Anonymous No.22648606]

>>22648574
Nice. Can you elaborate on this?

[Anonymous No.22648648]

>>22648416
god damit I hate how everyone thinks they can "just trade"
being a trader is like being a painter
sure you can look up videos and try to do it yourself, but you will suck and fuck up and oh wait it's actually not something everyone can just pick up and do
just because you can hold a paintbrush doesn't mean you can just do a picasso

[Anonymous No.22648742]

>>22648648
Ok, well can you share some resources on how to get started? I hate how all you skilled traders are fucking gatekeepers on your knowledge or demand $500 for trading courses.

[Anonymous No.22648804]

>>22648742
never buy courses
did you know the best way to make money online is with courses? I couldn't believe it myself at first.

there are studies on why trading is less profitable than buying smart and just holding

watch this is you really care and aren't just larping
https://youtu.be/JETJ_Ht6F2Y

[Anonymous No.22648815]

>>22648606
The idea:
The holders on the cheap coins will sooner or later sell the bottom and their whales will accumulate the cheap bags. While the holders on expensive coins will greedily keep on holding and the whales will distribute.

[Anonymous No.22648842]

>>22648742
You don't understand trading. This dude >>22648648 will make money off you because trading is a zero sum game. He posses either an algorithmic program, or he personalized a strategy that sucks up all of your hard earned income.

He won't share his skills with you because he CAN'T share them with you. Your losses = his gains. Fuck trading, just buy a project that you've done some heavy research into, and hold until you get a nice 2x-5x return over weeks or months

[Anonymous No.22650002]

My strategy is beginner level but effective. It won't time the bottoms and tops perfectly buy it will let you take profits with moderate win rates.

On 5 minute candles have a 200 ema line. This is your trend filter. If it slopes up the market is trending up. Opposite if sloping down. Market is crabbing if flat.

Add a MACD indicator. I like to use 5 20 5 as it makes the curves a bit sharper and responsive.

To enter a long trade all of the following must be met. The price is above the 200 ema. The 200 ema must have a little positive angle. The fast line on the macd must be crossing over the signal line UNDER the macd 0 level. The candle where the crossover happened must be closed first and you enter immediately at the next candle. At this point you sit and wait. If the price drops 1% from your buy price then gtfo via stop loss which you should have already set in place or do it manually. If the price goes up then just ride it until you see the fast line cross under the slow aka red candles. That's it really. The most important thing in trading is protecting your capital. Grind percentage points but at all costs don't get emotional and ride a trqde down into 10+% loss because you think willpower will force the market to bail you out of a bad trade. Go on youtube and watch macd crossover strategy videos where they back test on historical data 100+ trades to show performance data.

[Anonymous No.22650872]

>>22648574
>>22648815
how do you get access to that chart?