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Techniques in trading

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How often do you check your market.? How do you suggest what to trade. What coins should you pick. Please give us new traders a tip on trading for us not to spend a lot of time on looking at the trading platform making guess and don't know how to trade correctly. 

 

But my best question is that how often do I need to check the market.?

Is it every day?

Is it every 12 hours?

Is it every 8 hours?

Is it every 6 hours?

Is it every 4 hours?

Is it every hour?

Or every minute? 

 

 

What do you think? And what do you do guys. Please give us you professional advise. Or if not. Your own techniques. 

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1 minute ago, rosywyt said:

I suggest you to have a proper time table for this, because I believed that spending too much time in it is not necessary at all if you know what you are doing inside the trading activity in my opinion. 

I also believe that it is true. And I believe that I will do it I think we should have notes of our transactions of our trading. So that we can track the movements of the prices of the coins we have. 

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On 11/18/2019 at 10:22 AM, josephrioveros123 said:

How often do you check your market.? How do you suggest what to trade. What coins should you pick. Please give us new traders a tip on trading for us not to spend a lot of time on looking at the trading platform making guess and don't know how to trade correctly. 

 

But my best question is that how often do I need to check the market.?

Is it every day?

Is it every 12 hours?

Is it every 8 hours?

Is it every 6 hours?

Is it every 4 hours?

Is it every hour?

Or every minute? 

 

 

What do you think? And what do you do guys. Please give us you professional advise. Or if not. Your own techniques. 

interesting enough question to answer ,if myself check the market every 8 hours du to several factors i also work offline so i can not focus on paying attention to the market and if you want as a good traders you need monitor more exchange so you can make conlusion for about coins you have to get opportunity for profit from trading .


 

 

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Personally, I do it daily, but i am not addictive to checking Crypto price on my portfolio. I have noticed it sometimes not okay especially for health-wise in times of massively dips, it can make one over think and frustrated.
 

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Mainly I try to be connected with the market all time. there is no time period when I check the market but I try to check when i become free because price may go down or high any time.

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Well if you are doing full time in crypto trading or devoded yourself then you must probably checking the market hour to hour, well for me right now i am trading to receive extra income of money. so that's mean i only check the coinmarket or charts often. 

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I'I'm not an expert trader, but I think there are several important factors, First depending on what coin you trade, whether the movement price is going up and down quickly or not, if I usually check the market short term 20 minutes to 1 hour by activating the notification feature and for long term I used to check the market once every 12 hours.

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On 11/18/2019 at 11:22 AM, josephrioveros123 said:

What do you think? And what do you do guys. Please give us you professional advise. Or if not. Your own techniques. 

I'm not a professional trader but based on my experienced if you are trading using the scalping strategy you should check the market every minute because you are only targeting small bumps to make a profit. 

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2 hours ago, SCB1234 said:

What kind of trader do you wish to be? Passive? Checking in once/week?

It really depends.

If you want to be completely casual and hand's off and not let it stress you out, just do a dollar cost averaging on bitcoin. Anything that would stand as 'real' trading, in my opinion, should take several hours/day because the trends tend to happen at different times/day and at some given time each day, definitely 2-3 times/week there is a massive bump or dive that re-calibrates most coins to their previous average. The whole market has been in a bear downtrend for 2 years, so if you are serious and don't watch for several hours/day, I'm not sure how you can effectively follow a strategy for multiple markets.

People have tried this with bots, setting them for bear and bull... it doesn't work without extremely precise stop loss, and in that case you'd do better manually. The only other thing that could hold interest but still be effective without a lot of time is to use a bot and purchase signals, which allow other people's strategies to auto-buy for you. Cryptohopper is excellent for this, but I must say, it is the only times I've ever held bags consistently, but still better than beginners would do.

 

For serious day trading, I'm insulted by anyone doing less than 10 hrs/day.

So on your point of view. You can make better profit by doing it 10 hrs/ Day like doing regular job? Do you do it that way? Is trading your regular day job? Or it is just your opinion and you don't do it. And that bot? Do you tried it once? How much is that bot? And how is the profit? Does it compensate the price of the bot? Or does it even give profit?

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21 minutes ago, Bashir said:

Some techniques must be used in trading like following the market graphs and checking volumes it's also gives you a way out

that is true because in the right trading technique we must be really carefull in paying attention to daily volume and also market movements and here the level of our attention to the demand and supply of these coins


 

 

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The issue is the question of organizing and dividing it appropriately and well
You can enter the market and look at it during a period or program the platform's alarm on informing you if the price of a currency has reached the amount you want


 

Life is great and enjoy it

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Techneque trading i.used is the easiest way to get for profit is HODL, buy Bitcoin and keep it until it becomes whale or until the price reaches the highest value you just sell to get more profit

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On 11/18/2019 at 9:22 AM, josephrioveros123 said:

 

 

But my best question is that how often do I need to check the market.?

Is it every day?

Is it every 12 hours?

Is it every 8 hours?

Is it every 6 hours?

Is it every 4 hours?

Is it every hour?

Or every minute? 

 

my friend, the best option among the following multiple choice should be: every day. If you are long term trader then daily would be the good choice. however for short time trader, they must watch every 1 hour or less. For example: if you are a scalper then you must watch market after opening deals within every 5 minutes interval.


 

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4 hours ago, TubigWater said:

You don't need to check price,  just set target price and download blockfolio app this will give you notifaction if your sell are excuted or the price of your coins are decrease.. 

Where can I download it. Is it good for all trading website. Is that a kind of bot what is that. Please give additional information I think it can help me a lot. By the way I think your my kabayan. Right? Thank you for the info kabayan. 

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On 11/18/2019 at 11:22 AM, josephrioveros123 said:

But my best question is that how often do I need to check the market.?

Is it every day?

Everyday, yes. I always check it everyday, but not all the time. Maybe i have an interval of 5 hours to before I check the market. Because if you will check it every minute or every hour, you will get easily frustrated on the changes in the market.

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Don't spread all your time to watch all market you can do it once by day to see all coins but i have install some applications to get all the time notification every time we have 5% i have notified that's how to get information

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10 hours ago, Hatred said:

Everyday, yes. I always check it everyday, but not all the time. Maybe i have an interval of 5 hours to before I check the market. Because if you will check it every minute or every hour, you will get easily frustrated on the changes in the market.

That is good suggestion. But do you earn a lot from trading? How much did you earn? Can you chat me when it is time to trade? And what coin to trade. Please guide me so we can earn together. Maybe we can be a business partner. Add me on facebook or I will add you on facebook? What is your name on facebook.?

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Mostly I check market every 12 hours ( daily strategy ), I did that by automatic system in exchanges meaning I only need set the limit and when reach it will closed. I can't check every 1 - 11 hours because I also need to get out find off line job. I a person with low education and fund, see crypto as alternative but off line job must go.

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3 hours ago, josephrioveros123 said:

That is good suggestion. But do you earn a lot from trading? How much did you earn? Can you chat me when it is time to trade? And what coin to trade. Please guide me so we can earn together. Maybe we can be a business partner. Add me on facebook or I will add you on facebook? What is your name on facebook.?

It seems like you are new in the market so yes we earn a lot from trading but for that you need to have some good capital first and then pick a coin that has upcoming news which will definitely pump the price up.

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On 11/18/2019 at 10:22 AM, josephrioveros123 said:

But my best question is that how often do I need to check the market.?

Is it every day?

Is it every 12 hours?

Is it every 8 hours?

Is it every 6 hours?

Is it every 4 hours?

Is it every hour?

Or every minute? 

 

 

What do you think? And what do you do guys. Please give us you professional advise. Or if not. Your own techniques. 

I see the market can as often as can rarely. When I have decided on the coins that I chose and placed the spot, I more often see the value of the coin through a smartphone. So I don't need to go to the market to monitor in greater detail all the coins. But if you have a lot of free time in trading then monitoring the market often can give you a good opportunity.

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3 minutes ago, nasipadang said:

I see the market can as often as can rarely. When I have decided on the coins that I chose and placed the spot, I more often see the value of the coin through a smartphone. So I don't need to go to the market to monitor in greater detail all the coins. But if you have a lot of free time in trading then monitoring the market often can give you a good opportunity.

What app do you use to monitor the price of the coin you invest in. That was cool do you earn a lot from that by trading and monitoring the value of the coin  you invest in the coin. Do you pay your bills with the earning you get from trading? What market do you go? For me I go to market every week to buy some fruits and vegetables. I also buy some eggs. and meat. I also buy potato chips for snacks. And I get so fat because I always want to eat. 

Do you know how to cook chicken with cream of mushroom. First I buy the ingredients using bitcoin. The ingredients are these chicken 1kg, garlic 3 cloves, campbell's cream of mushroom. salt pepper potato. The procedure I will on my next reply. 

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Technique are most important in trading. If you don't know where is the price going you can't get profit. If the price is going down and you are still hoping a profit at the sometime. U cant get. So study the chart in long time frame, see volume, indicators like ma, bollinger band, pivot, rsi, macd etc

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On 11/18/2019 at 6:22 AM, josephrioveros123 said:

How often do you check your market.? How do you suggest what to trade. What coins should you pick. Please give us new traders a tip on trading for us not to spend a lot of time on looking at the trading platform making guess and don't know how to trade correctly. 

 

But my best question is that how often do I need to check the market.?

Is it every day?

Is it every 12 hours?

Is it every 8 hours?

Is it every 6 hours?

Is it every 4 hours?

Is it every hour?

Or every minute? 

 

 

What do you think? And what do you do guys. Please give us you professional advise. Or if not. Your own techniques. 

I think if you already accept crypto trading as your only way to earn money I think is good to be active in market all over time you be free

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4 hours ago, Goodcoin said:

If you are talking about the hour of trading. All i could tell you is to do quality trading rather than quantity trading.

What is quantity trading.? How do we do it? Does it give you a lot of income.? Please help me to learn about that quantity trading? There are a lot of people suggesting to do these and do that. But they don't do that their self. Maybe if you will suggest to do a certain thing. You should be able to do it your self first. For you to have better suggestion on the questions of the people who need to be answered. Please help me on this my friend? I need money now. I will bet it on my fighting cock. I am very optimistic that my fighting cock will prevail and be crowned victorious.

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Analysts at JP Morgan (JPM) stick to their previous forecast of a rate cut in August but are cautious, citing still high consumer price inflation (CPI). "We adhere to our forecast [...] but believe that the risks have clearly shifted towards a later cut. Now it is a question of whether the Bank of England will be able to ease its policy at all this year." Strategists at Goldman Sachs, Deutsche Bank, and HSBC have also shifted their rate cut forecasts, moving the date from June to August for now. But this is only "for now"...   The maximum of the past week for GBP/USD was recorded at 1.2760. According to economists from Singapore's United Overseas Bank (UOB), the pair's upward momentum has slowed, and the likelihood of the pound rising to 1.2800 is decreasing. UOB believes that in the next 1-3 weeks, the British currency will trade in the range of 1.2685 to 1.2755.   The week ended at 1.2737. The median forecast of analysts for the near future is as follows: 60% voted for the pair's movement to the south, 20% for the northern direction, and 20% preferred neutrality. As for technical analysis, all trend indicators and oscillators on D1 point north, but a third of the latter signal overbought conditions. In case of further decline, the pair will encounter support levels and zones at 1.2695, 1.2635, 1.2575-1.2600, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of growth, the pair will meet resistance at levels 1.2760, 1.2800-1.2820, 1.2885-1.2900.   No significant economic data releases for the United Kingdom are scheduled for the coming week. However, it should be noted that Monday, 27 May, is a bank holiday in the UK.   USD/JPY: Calmness, Ladies and Gentlemen, Just Calmness!   For such a super-volatile pair as USD/JPY, the past week was surprisingly calm. There were no currency interventions, and verbal interventions were as usual – lots of words, little action. Thus, Japan's Finance Minister Shunichi Suzuki once again expressed concern about rising prices caused by the weak national currency.   According to Suzuki, one of the main goals of monetary authorities is to achieve wage growth exceeding inflation. "On the other hand," the minister added, "if prices remain high, achieving this goal will be difficult." In general, as usual, the government is closely monitoring the situation, understanding that everything is complicated, and therefore ... will continue to monitor.   Based on this contemplative policy, despite the GDP decline in Q1, on Thursday, 23 May, the Bank of Japan (BoJ) announced that it left the issuance volumes of Japanese government bonds (JGB) at the previous level. According to BoJ Governor Kazuo Ueda, "the economic outlook has not changed." The BoJ's view of the global economy has also not changed significantly. In general, calmness, ladies and gentlemen, just calmness!   Against this positive background, USD/JPY pair reacted only to the yield of US Treasury bonds and the dynamics of the Dollar Index (DXY). As a result, starting the five-day period around 155.70, it gradually moved up and ended it at 156.96. Analysts at United Overseas Bank (UOB) believe that given the weak upward pressure, the pair's growth in the next 1-3 weeks will be slow, and the barrier at 157.50 may prove to be a tough nut to crack. In their opinion, a price breakthrough above 157.00 is possible, but the pair is unlikely to consolidate above this level. The next resistance at 157.50 is unlikely to be threatened. UOB estimates that support is at 156.40, followed by 156.10. If USD/JPY falls below 155.60, it will indicate that the slight upward pressure has weakened, write the bank's economists.     Speaking of the average forecast, only 20% of analysts point south, 40% north, and another 40% east. Technical analysis tools are clearly devoid of such disagreements. Therefore, all 100% of trend indicators and oscillators on D1 point north, with 20% of the latter already in the overbought zone. It should be noted that while the green/north color of indicators regarding the British pound indicates its strengthening, in relation to the yen, it signals its weakening. Therefore, we advise paying attention to the GBP/JPY pair, whose dynamics have been very impressive lately.   The nearest support level is around 156.25, followed by zones and levels of 155.25-155.45, 154.60, 153.60-153.90, 153.00-153.15, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. The nearest resistance is in the zone of 157.20, followed by 157.80-158.00, 158.45, 159.40, and 160.20-160.30.   From the events of the upcoming week, we recommend noting the speech of the Bank of Japan Governor Kazuo Ueda on Monday, 27 May, as well as the publication of consumer inflation (CPI) data in the Tokyo region on Friday, 31 May.   CRYPTOCURRENCIES: A Week Under the Ethereum Flag     In 2024, the crypto community began gradually forgetting the term "crypto winter." However, there was no talk of a "crypto spring" either. After the halving on 12 April, in the absence of a bull rally, small traders and speculators began selling off their coin reserves. According to The Block Research, the rate of opening new BTC wallets fell to a six-year low. However, the whales buying digital gold for the future prevented a complete collapse in prices. And finally, at the end of the calendar spring, it seems spring has come to the crypto market. And it was awakened by the Federal Reserve System (Fed) of the USA with its monetary policy. According to analysts, the surge in investments in digital assets was a response to the May consumer inflation (CPI) report in the US, which positively impacted the risk appetites of institutional investors.   According to CoinShares, investments in crypto funds increased by $932 million from 13 to 17 May, after an inflow of $130 million the previous week. For the first time, there was an inflow of $18 million into Grayscale's ETF. This sharp increase in BTC-ETF investments, the highest in the last nine weeks, triggered a sharp rise in bitcoin on 20-21 May, approaching $72,000 for the first time since 09 April.   After bitcoin rose above $71,000, its price updated historical highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, in Japan, BTC reached a record level of 11.2 million yen at the start of trading on 21 May. This is the first case where the flagship asset's price exceeded 11 million yen. Digital gold prices also peaked in Argentina, where the leading cryptocurrency reached 63.8 million Argentine pesos, slightly above the maximum on 14 March.   In the Philippines, one bitcoin briefly rose to 4.18 million pesos, the highest since mid-March 2024. In several other countries, BTC prices also equalled or were very close to mid-March's maximum prices: in the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey.   However, the Fed and American macro statistics, having awakened the markets, also calmed them. After strong business activity data in the US, BTC/USD returned to the support zone of $67,000. Another (and probably the main) reason why bitcoin could not update its historical high was its main competitor, ethereum, which drew investors' attention. (More on this below).   QCP Capital expects bitcoin to reach $74,000 and update its ATH (All-Time High) in the coming months. According to the company's economists, institutional acceptance of cryptocurrency is accelerating, and improving conditions in the global economy create conditions for capital inflows into risky assets. The US presidential election, scheduled for 5 November 2024, is also starting to have a strong positive impact on the cryptocurrency market.   Cryptocurrency themes continue to strengthen in the pre-election rhetoric of candidates seeking to gain the votes of the crypto community, which, according to NYDIG, numbers more than 46 million citizens in the US, or 22% of the adult population. Haseeb Qureshi, Managing Partner of Dragonfly Capital, believes that in such a situation, the administration of President Joseph Biden will soon be forced to ease its policy regarding the digital asset industry. A complete turnaround is not to be expected, but a softening of the position will still occur, Qureshi said.   CNN has recently reported on upcoming debates between Biden and his competitor, Donald Trump. The incumbent president will have to answer a number of uncomfortable questions about the harsh policy towards the crypto industry, which led to the outflow of cryptocurrency capital, the closure of large companies, and high-profile lawsuits. From Donald Trump, who turned the topic of cryptocurrency into a weapon against his opponent, in addition to attacks for the current state of affairs, loud pre-election promises can be expected, which could lead to significant volatility in the crypto market. Possible participation of Elon Musk, who expressed willingness to become a moderator, and independent candidate Robert Kennedy Jr., should enliven the debates, the first round of which is scheduled for 27 June, and the second for 10 September.   The main beneficiary of the past week was not bitcoin but ethereum. On Monday, 20 May, news reached the media that the US Securities and Exchange Commission (SEC) asked companies to update Form 19b-4 in applications for launching spot Ethereum ETFs in an accelerated manner. After these news, the financial agency Bloomberg immediately raised the chances of such funds being approved from 25% to 75%. Against this background, the leading altcoin quickly outpaced the flagship cryptocurrency in terms of growth rates.   The deadline for the first two applications from VanEck and Grayscale was Thursday, 23 May. Shortly before the X hour, ETH/USD reached $3,947, showing a growth of almost 30% in three days. According to Coinglass, the amount of liquidations and forced closures of short positions on crypto exchanges amounted to $340 million. A total of 78.8 thousand positions were liquidated, and the largest individual liquidation occurred on the HTX exchange for the ETH/USDT pair for $3.1 million.   The SEC did not disappoint expectations and on 23 May approved not two but a total of eight applications for the issuance of spot ETFs based on Ethereum and gave the go-ahead for trading and listing these funds on exchanges. According to Variant Investments Chief Legal Officer Jake Chervinsky, this step signals a "significant shift in US crypto policy, possibly more important than the ETFs themselves." This may also mean that recognizing ethereum as a commodity, the regulator will not categorize many other altcoins as securities. According to Rekt Capital, the market is already on the verge of an altcoin rally, the peak of which is expected in July.   Experts expect significant capital inflows after the listing of ETH-ETFs and believe that billions of dollars will be invested in derivatives in the first week after trading starts. Analysts from QCP Capital believe that the altcoin rate in the short term can rise to $4,000 and exceed $5,000 by the end of the year.   An even bolder forecast is given by Standard Chartered Bank economists. They expect capital inflows into such funds in the first year to range from $15 to $45 billion (2-9 million ETH). In this case, the fund's demand will lead to the asset's rate rising to $8,000 at a bitcoin rate of $150,000. Moreover, if market dynamics are positive, by 2025, the price of Ethereum will reach $14,000, and bitcoin's rate will increase to $200,000.   As of the evening of Friday, 24 May, BTC/USD is trading at $69,900, and ETH/USD at $3,735. The absence of an immediate pump and some drawdown of this pair on 23-24 May can be explained by the fact that everyone who wanted to has already managed to buy ethereums ahead of the SEC's historic decision. The total cryptocurrency market capitalization is $2.55 trillion ($2.42 trillion a week ago). The Bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has not changed and remains in the Greed zone at 74 points.   And in conclusion of the review, forecasts from Artificial Intelligence. The latest version of GPT-4o from OpenAI believes that the price of bitcoin on 1 August 2024 will be in the range of $76,348 to $89,108 "considering current market factors and historical trends." GPT-4o's competitor, the anthropic AI model Claude 3 Opus, has formed an even more optimistic vision, designating the range between $105,072 and $167,808 by the indicated date. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
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