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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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