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Keith700

Interpreting the market without errors

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The financial market always offers us a general structure of any asset, our simple challenge is to decipher the clearest thing that can be done, where to enter and where to leave, interpreting the markets without errors is possible if you do not get complicated, always look for the tip or the simplest detail that gives you a signal as clarified as possible and prevents other technical aspects from staining your panorama, as traders our duty is to educate ourselves as much as possible and avoid blaming the market, remember that you will always operate your psychology you will not operate the market, if you think you will be a millionaire overnight with trading, stay away, because there are already many hollow heads in trading that do not dominate the art, if your laziness is on your side much less you can move forward, do not run out or hurry, go with your time, practice does the teacher.

Edited by Keith700

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You're a 100% right about other traders blaming the market for their mistakes. I personally hold myself accountable for any mishaps during trading. The numbers are going to increase and decrease, but ultimately you make the final decision. I've heard war stories about some people trading, and they always blame the market for their screw ups. It doesn't matter if it's a bearish market or a bullish market, a smart trader can maneuver their way through it. 

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19 minutes ago, on1k3n said:

You're a 100% right about other traders blaming the market for their mistakes. I personally hold myself accountable for any mishaps during trading. The numbers are going to increase and decrease, but ultimately you make the final decision. I've heard war stories about some people trading, and they always blame the market for their screw ups. It doesn't matter if it's a bearish market or a bullish market, a smart trader can maneuver their way through it. 

Thank you for your appreciation, I think that detail of dissatisfied people is part of the world, since to eradicate this kind of essential things, there are too many personalities and each head of each investor is a different world, there are many ways to be on top and many Ways also to be in the lowest, we as traders choose the final destination.

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On 11/12/2019 at 12:11 AM, EeeshaX said:

If we learn relly hard like you said we can predict the market with a high score of accuracy, that will consume our time but we will still succeed kn trading

Yes, it is, but time cannot be all one hundred percent trading, this can be divided by hours and days to avoid recurring mental fatigue.
It depends on each trader how much time you will spend, but that the time you dedicate is necessary to capture enough information but effectively.

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19 hours ago, EeeshaX said:

Yes it depends on time and also the best timing of the market, for a trader to out all this in place he has yo be also skillful

The desire that each trader can have, is to be able to take the timing to each market that operates, it is not a very strong requirement since it comes from the bottom of each one.
It is personal and desiderative, the market has many ups and downs and it is up to each person how to do it and how to keep the timing based on their strategies and skills.

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yes you are right , we must controll our self and our minds if we wanted to succed and earn money , but somtimes its all about emotions , if you get little emotional on the market you are done , stop you leave , thank you for the topic . 

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You have already made two important points. The first point: The big mistake most people make, especially beginners, is that they believe they will get rich overnight. The second point is that you can teach yourself by experiences and mistakes. Thank you.

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I think it's totally impossible to interpret the volume of the market without errors let's not forget that no one is not above mistakes interpreting the market without errors is impossible because the market can change any time

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6 hours ago, otepsan12 said:

In doing trade, we must have a virtues of a good trader. We shouldn't be greed, proper use of our emotions, always think positive, calm and relax at all time too. Once we all have this behavior, surely in the end you can achieve the profit you are aiming it. 

Yes, of course, this is all that is required in crypto or trading in general, patience and implementation of your plan, as well as lack of greed, profit making is inevitably coming.

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Yes, I agree with you and I think the most important thing in trading is knowing where to buy and sell, if we conclude these two places correctly we will get good profits.

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It is impossible to predict the market without errors. We can't eliminate the errors completely, we can only reduce them. Even the most technical and complex analysis may sometimes lead to failure because occasionally there are some outside factors that we are not aware of and can't anticipate them. For example, if someone suddenly buys a large percentage of all the bitcoins in circulation, this will affect the market unexpectedly regardless of what you have analyzed and all your calculations may turn out to be wrong.

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On 11/12/2019 at 3:50 AM, Keith700 said:

The financial market always offers us a general structure of any asset, our simple challenge is to decipher the clearest thing that can be done, where to enter and where to leave, interpreting the markets without errors is possible if you do not get complicated, always look for the tip or the simplest detail that gives you a signal as clarified as possible and prevents other technical aspects from staining your panorama, as traders our duty is to educate ourselves as much as possible and avoid blaming the market, remember that you will always operate your psychology you will not operate the market, if you think you will be a millionaire overnight with trading, stay away, because there are already many hollow heads in trading that do not dominate the art, if your laziness is on your side much less you can move forward, do not run out or hurry, go with your time, practice does the teacher.

Market is unpredictable those who think they are expert and dominate the market because of few days  good trading.This is their doom they just ended their long run.The market is vicious beast We have to learn more about market  and make our own analysis from market.

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I agree with you, my friend, and we have to be patient and avoid greed, and we must know the origins of buying and selling and where to gain profits.

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On 11/11/2019 at 11:50 PM, Keith700 said:

The financial market always offers us a general structure of any asset, our simple challenge is to decipher the clearest thing that can be done, where to enter and where to leave, interpreting the markets without errors is possible if you do not get complicated, always look for the tip or the simplest detail that gives you a signal as clarified as possible and prevents other technical aspects from staining your panorama, as traders our duty is to educate ourselves as much as possible and avoid blaming the market, remember that you will always operate your psychology you will not operate the market, if you think you will be a millionaire overnight with trading, stay away, because there are already many hollow heads in trading that do not dominate the art, if your laziness is on your side much less you can move forward, do not run out or hurry, go with your time, practice does the teacher.

no, you can't trade without doing errors, this is literally impossible and who says that it is then they don't really understand how trading works. 

if it was possible and easy to do why aren't we all rich?

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On 11/12/2019 at 5:50 AM, Keith700 said:

The financial market always offers us a general structure of any asset, our simple challenge is to decipher the clearest thing that can be done, where to enter and where to leave, interpreting the markets without errors is possible if you do not get complicated, always look for the tip or the simplest detail that gives you a signal as clarified as possible and prevents other technical aspects from staining your panorama, as traders our duty is to educate ourselves as much as possible and avoid blaming the market, remember that you will always operate your psychology you will not operate the market, if you think you will be a millionaire overnight with trading, stay away, because there are already many hollow heads in trading that do not dominate the art, if your laziness is on your side much less you can move forward, do not run out or hurry, go with your time, practice does the teacher.

Yes, currently bitcoin is experiencing a trend and some altcoins are following the role of bitcoin which means that market psychology and bitcoin fundamentals are currently improving because of many projects such as half bitcoin reduction. So technical analysis and fundamental analysis that helps in making decisions where I will enter and exit in bitcoin trading.

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I think that knowing the place of entry and exit from the market summarizes all trading, the goal of trading is to determine the points of entry and exit, and this needs techniques that help in trading and knowledge of technical and volume analysis as well.

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Your words are correct, a way must be found to determine when to enter the market and buy and when to exit and this is what is considered difficult in trading


THINK POSITIVE

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No one gives a guarantee that when trading with cryptocurrencies, a trader can get a million dollars in profit. It all depends on your cryptocurrency portfolio and how much it is full of money, isn't it. Yes, there is a certain meaning that when trading there is a chance, a chance that can bring a big profit. You just need to believe in it and keep control. 

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Yes I totally agree with you there are various traders and investors who blame the forum and the market while losing or suffering from a loss with their Investments I personally don't think that there is any problem with market you need to deal with the coins at a right time to earn profit.

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The transaction is very complicated and many people often do not admit their mistakes or failures and they often say it is due to the market or website analysis. But one important thing is that all mistakes come from yourself. Be hard-working and be very patient

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It must be properly analyzed in the cryptocurrency market and this is to avoid being caught or making mistakes during trading


 

Life is great and enjoy it

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There is no way someone can be accurate in trading, there will he days of downside and some days of good side, there are time you will make errors no matter how expert you are, but minimizing this will be good and also making the gain more than the loss. 

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I agree with you. But there is the fact that over time the predictability of the market changes and it is not practical to base the past method. They often don't work.

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Becoming a millionaire overnight is impossible.

You don't need trade or investment, so you need a miracle to do it.

You can become a millionaire if you find a way to make money while you sleep.

If your money is in the right place, it will grow constantly and you will become rich in a few years.

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You have already made two important points .if we conclude these two places correctly we will get good profits .buy and when to exit and this is considered difficult in trading. 

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