Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: bayu7adi on December 26, 2024, 01:57:34 AM
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
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If you are a day trader and prefer to trade with instinct, you are only gambling. The outcome will not be good.
Technical analyses do not mean accurate trading. Have some strategies to minimize losses and making the possibility of higher profit.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I feel the same way as you. It feels like you're about winning a trade if you go for opposite direction of your TA. But in reality, it's just your emotion that caused you to feel that way. It's normal to have loses in trading even the profitable traders sometimes encounter consecutive losses. There are losing weeks for a trader, for a beginner they feel like their strategy is not working but for profitable ones they believe it's normal. If you still losing a lot and you went to the point of increasing your margin or even the leverage, it does mean that you're in-controlled by your emotion. You have to stay away from the chart immediately to avoid liquidating your account, you can go vacation or travel if you want just to make your emotion back to normal. So don't ever trade with instinct because the probability is lower than doing analysis, and it's also similar as gambling since you didn't know what you're doing.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Actually, trading is one of the best earning way in crypto currency market. Because we know that many professional traders could earn huge profit from cryptocurrency trading. Because they could understand in proper trading system. I also couldn't support analysis process in this time. Because it will be losses for us. But if we follow in instinct , I think that we could be successful in cryptocurrency market. So I believe that knowledge in cryptocurrency market is very important for earn best profit.
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[quote author=bayu7adi link=topic=326983.msg1689460#msg1689460 date=1735174654
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
[/quote]
This is not true. Analysis is effective be ause there is a data to study which your decision is base on the chart data. While just basing your trade on instinct is just how you feel.
But to what I learned from these people, even when they trade base on how they feel about the market they too been looking at the chart. They don't just buy because th price dips, they peak the chart for a minute before trading.
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Trading with instincts will be more easy and more rewarding for old traders than new traders. Trading with instincts will be very difficult for newbies cause they have no idea or experience at all they will lose so many value on the way.
Trading with analysis will reduce the risk and increase the exposure and experience in trading and also it will build the individual to understand the market and the trading process. So I will say IMO I prefer trading with analysis which will reduce the risk. Instinct trading is just risk in other word I will say Bet, it just luck and alot of risk is involved in it. But trading with analyst will provide more understanding and knowledge about what trading is.
But everyone has it own unique skill but I will much more prefer analysis.
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Trading with instincts will be more easy and more rewarding for old traders than new traders. Trading with instincts will be very difficult for newbies cause they have no idea or experience at all they will lose so many value on the way.
I'm seriously not sure if instincts is the right word to use because trading or rather entering a trade is by getting your preferred setup and that is because to avoid losses you have to be sure that the trade will move to your advantage and not the trend going against you and to make sure of that you shouldn't enter trade because you feel like it's time to but because you've confirmed a valid setup to your advantage.
The summary of pretty much everything is trading requires both analysis and capital. With time and both accumulated losses and winnings you gain a more solid experience gradually.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
How do you trade with instinct s and expect to be profitable on the long run.. I guess this is where most newbie traders gets it wrong.. trading with your instincts is gambling my friend and that's not what trading is about. Without knowing how to analyze the market you aren't a trader but a gambler. Market analysis give you and upper edge in the market as you are Abel to predict the using price actions and other markets analysis techniques.. don't listen to what other are saying.. most of the traders we have out there are gamblers who probably copy other people signal and make profits. Remember trading is a skill that would help your life time. Once you acquire that kind of knowledge you print wealth for your generations...
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Analysis are helpful to a trader, but a trader also looses if he is guided by Analysis. As a trader, the best is to follow Analysis, because that's the guide. Sometimes it is not also out of place to follow instincts or inborn drives. Because this inborn drives, can help to win and recover losses. The two can go together.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I when was newbie totally traded on instinct and I made profit even when I was doing technical analysis and fundamental analysis on the basis of wrong knowledge I made profit haha and with time I learned what I am doing wrong and when I correct them I made lose haha. It's reality, so what I think works here is gut and luck most.
I have bought 10+ coins for long term holding and short term both and now I am at -500$ due to the market condition and my bad trades I was actually too bullish with all those coins and market but I did not see a correction coming.
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I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
It will be very impossible to maintain a consistent line of profits by trading with just your instincts alone. Trading goes past the use of instincts because there needs to be a lot of knowledge and experience in play for you to be consistently profitable. Trading is not a guessing game; else instincts could actually have counted. This is why it's advisable to invest in learning because depending on your instincts alone is not a sustainable approach towards trading.
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In my personal point of view what I think about the trading is it is mainly depends on two things one is that the trader if he is know the market psychology and another is technical analysis, the fundamental analysis etc.
And if one person want to be a professional I mean the successful trader then he must have bought skill with the money management brain. Then one can established his career on trading. And as before those who want to do trading the must have a side job for earning stable. And I want to also say there is nothing about instinct in trading all are just.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Trading is not by personal instinct, it is by the knowledge you’ve acquired throughout your learning in the market. If trading is going to be about instincts, then many traders will be profitable by now already. Even when you claim to have analysed the market and your instincts align with it, there is still possibility that you’ll lose some trades. Instincts are just mere feelings in trading and you’ll believe your instincts more when you have had the right knowledge in the market. Instinct alone won’t make you be profitable, it requires you to have more knowledge of the market too and most times, they’re should align and have that convincing mindset and assurance that the trade will go well.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Trading is not by personal instinct, it is by the knowledge you’ve acquired throughout your learning in the market. If trading is going to be about instincts, then many traders will be profitable by now already. Even when you claim to have analysed the market and your instincts align with it, there is still possibility that you’ll lose some trades. Instincts are just mere feelings in trading and you’ll believe your instincts more when you have had the right knowledge in the market. Instinct alone won’t make you be profitable, it requires you to have more knowledge of the market too and most times, they’re should align and have that convincing mindset and assurance that the trade will go well.
When I first started I also thought of just buying coins without checking a chart all because experienced people say the market is unpredictable. Most probably by instinct also because its what usually happen. When the price dips, it will also rise again.
In the bear market I think I would lose my capital if doing all this the whole time.
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Unless you are an expert and have been trading for several years, you will not make profits from your instincts, otherwise everyone would have made money from trading. Since you need years of trading to become an expert, the only way is to use analysis to become an expert and then rely on your intuition.
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In my opinion I think trading should be by analysis not instinct. It's also important to note clearly that your instinct is part of the analysis.
Some must inform your instinct, it can be experience, your environment, world view or emotions. Even when analysing you must take your instinct into consideration.
However, if your analysis disagrees with your instinct please follow your analysis
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I don't have much faith in instincts, as most investors act on instinct and end up in the majority that loses. Some traders also talk about their instincts, but I think that's a combination of their talent, knowledge, and experience, enough to help them spot opportunities just by following the news or glancing at the price chart.
For most investors, market analysis is crucial if they don't want to enter the market with the mindset of walking into a casino, and even a casino requires players to have skill in managing capital and emotions. When a trader has enough market analysis skills, they can turn it into an intuitive and instinctive part of their trading to take advantage of more opportunities and make more profits.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
trading with instinct simply means trading with gestures,that is to say your money stands as a gamble.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Many times i have that been able to make myself experienced out this kind of situation and pretty sure most of traders are do able to have this kind of situation on which instincts do kicks in on which it will really be that totally opposing on what you are really that trying to do if you do get in lined with your analysis on which this could bring out that kind of hesitation on the moment that you do make out your entries or any decisions be made with your trading. This is really that situational on this case yet you can spot out if those instinct will really be that too far off with your analysis on which you could tell that it isnt really that worth on following it out.
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One, nothing can replace good technical analysis but we have to be reminded that there is no guarantee whatsoever that if we are good in analysis we will always come out to be winners. No, there is no such a thing but it does not mean that using technical analysis is not good in itself. Two, there is always that tendency to rely on instinct because no matter what we are still humans and we are lorded by emotions but I think if we allow feelings to be our primary driver then we can lose big. But does it mean that traders that win are 100% relying on technical analysis and there is no room for some instinctive feeling? Well, I would say that there is some little room for our instincts but we are not allowing it to be on the top of our decision making process.
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In my opinion I think trading should be by analysis not instinct. It's also important to note clearly that your instinct is part of the analysis.
Some must inform your instinct, it can be experience, your environment, world view or emotions. Even when analysing you must take your instinct into consideration.
However, if your analysis disagrees with your instinct please follow your analysis
Instincts can be used only if they come from previous analysis or situations that you already experienced due to making up your own mind on something and basing it on top of the facts presented to you.
Trading by gut feelings is not good at all otherwise.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
- Of course, when you trade using analysis, it is normal for you to experience losses, because this is the natural concept of trading whether crypto, forex or stocks. Why, have you ever seen a trader who conducted their analysis and the result was only winning in the end? Right?
Because even experts or veterans still experience losses, so what about traders who are not experts? Especially, right? Because if you rely on instinct, in my opinion, the risk is too high.
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Analysis is the main thing, because it will be based on knowledge and experience, so we must continue to prioritize it in trading.
But on the other hand, sometimes instincts work well, but the point is that we must be able to distinguish between instincts and feelings that are carried away by emotions. Because in my opinion distinguishing between the two is something that is very difficult, because it looks the same even though it is very different.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Without proper analysis and research it is never possible to get good at trading because only then can you understand which coins will do well and which coins have the potential to grow over time. It is not possible to do better than trading through emotion, motivation, instinct. You can only get good out of crypto when you know about it very well. And to know very well, analysis is of course very important
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I will advise that we should trade by both the analysis and by our individual instincts, because trading is not what we can only go along with by a single approach, it may require from us a combination of many entries in other to figure out which one we need and which we can use best, also, it will be more profitable when we know how to combine the uses of the two together on trading.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Honestly, you get it a few times.
yes [ever experienced a moment where:
- loss when using analysis
- profit when using instinct, yes it's like luck.
but that percentage is not much. Still trading using analysis and various considerations that are much more effective and work to get more profits than losses than just using instinct. Although not always 100% profits, but at least the profit results are much greater than the losses so far.
but again, maybe each individual has a different experience. so just enjoy what you think really works and is not troublesome.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Without proper analysis and research it is never possible to get good at trading because only then can you understand which coins will do well and which coins have the potential to grow over time. It is not possible to do better than trading through emotion, motivation, instinct. You can only get good out of crypto when you know about it very well. And to know very well, analysis is of course very important
We do have to do analysis and research in trading and also make good strategies and predictions. But not only in trading, in crypto investment we also have to do the same thing.
do analysis before buying the coins we choose so you don't choose the wrong coin.
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Well, we have different outcomes in trading. In my experience, instinct sometimes profits but mostly loses. When I analyze the market, I gain more profit than losing except for the counts of wins and losses because I have a longer losing streak than winnings in the trade. The only difference is that I gain more profit than losing due to risk management strategy.
I do not like to trade based solely on instinct because it is a gamble; instead, you should learn to analyse.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Without proper analysis and research it is never possible to get good at trading because only then can you understand which coins will do well and which coins have the potential to grow over time. It is not possible to do better than trading through emotion, motivation, instinct. You can only get good out of crypto when you know about it very well. And to know very well, analysis is of course very important
Luck still plays a role in the results we get when trading cryptocurrencies, whether using analysis or just using instinct... lucky people will still get money... but relying on luck alone is not enough in trading... it will not create stability in trading....
It is true, analysis is very much needed, but sometimes a person's instincts are also strongly related to market movements, it can also be formed because of good trading experience, or experience in observing the market so that the instinct appears spontaneously.
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Well, we have different outcomes in trading. In my experience, instinct sometimes profits but mostly loses. When I analyze the market, I gain more profit than losing except for the counts of wins and losses because I have a longer losing streak than winnings in the trade. The only difference is that I gain more profit than losing due to risk management strategy.
I do not like to trade based solely on instinct because it is a gamble; instead, you should learn to analyse.
We cant be able to deny that when it comes to those intuition moments or those second thoughts then this is something that we do really be able to experience and it will really be that just that depending on you on how you would be assessing yourself into this condition because at the moment or time that you do believe into your intuition and turned out to be a losing condition all the time then its better that you do really have that analysis involved on which this is a much better option. It will really be that just too careless if you would be still continuing to bet based on instinct even if you have seen yourself that having that more loses than wins.
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Well, we have different outcomes in trading. In my experience, instinct sometimes profits but mostly loses. When I analyze the market, I gain more profit than losing except for the counts of wins and losses because I have a longer losing streak than winnings in the trade. The only difference is that I gain more profit than losing due to risk management strategy.
I do not like to trade based solely on instinct because it is a gamble; instead, you should learn to analyse.
Think of the market like the hunter - you can't be reckless with it, otherwise, it will shoot you (your depo) down. One should be cautious, and responsible, and utilize the knowledge to not get lured into the trap of gut feelings.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I think instinct without analysis is equal to gambling. If a market that you want to enter with proper analysis, and instinct of going along side with the analysis comes, then the market can be in favor.
Instinct is not really most time favourable in trading, it might get in favor, but not the best to rely on.
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I think instinct without analysis is equal to gambling. If a market that you want to enter with proper analysis, and instinct of going along side with the analysis comes, then the market can be in favor.
Instinct is not really most time favourable in trading, it might get in favor, but not the best to rely on.
You're right. When someone trades without any analysis, they do it carelessly and mostly like relying on the luck. This is the same as gambling, the chance to succeed is rather small. In many cases, people who do trading with their instinct to end up with losing big money. So, it is not recommended to trade with instinct, it should be based on the analysis (knowledge). Professional traders never trade with instinct, they use their knowledge.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I think instinct without analysis is equal to gambling. If a market that you want to enter with proper analysis, and instinct of going along side with the analysis comes, then the market can be in favor.
Instinct is not really most time favourable in trading, it might get in favor, but not the best to rely on.
Instinct is something that will be considered as gambling because it will really be that totally opposite on what you have anlayzed because usually intuition will really be having that different on which you will be having that kind of second thoughts on basing up into your analysis on which it will be that still considered gambling yet it do really opposes on what you had made out. When it comes to trading then there are really those times or moments that you will having those second thoughts and thats why its really that important that you should be having that kind of back up plans on whatever the things that you will be able to encounter. Every decisions will be having that possible outcomes and thats why you should be that prepared on that one.
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I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
When you trade using your gut feelings, you will lose most of the time.
When you trade using technical analysis, you will make more money than using your feelings, but still, you can lose.
I haven't tried trading using fundamental analysis though.
Whatever you will use in the three of them, there's always a chance that you will lose, and your analysis might become useless in the end. Like others here, I also think that trading using your feelings is essentially gambling. I've tried using it already, and it hasn't been resulted me anything good. Always, always use technical analysis to increase your chances of winning.
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I think instinct without analysis is equal to gambling. If a market that you want to enter with proper analysis, and instinct of going along side with the analysis comes, then the market can be in favor.
Instinct is not really most time favourable in trading, it might get in favor, but not the best to rely on.
You're right. When someone trades without any analysis, they do it carelessly and mostly like relying on the luck. This is the same as gambling, the chance to succeed is rather small. In many cases, people who do trading with their instinct to end up with losing big money. So, it is not recommended to trade with instinct, it should be based on the analysis (knowledge). Professional traders never trade with instinct, they use their knowledge.
Instincts are there to notify you of something.
But the final decision should be made based on facts, first and foremost.
That's my view on it.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Instict is you guessing or gambling that is not trading but when you are using technical analysis you know why you enter a trade although out of 10 trades 3 can be loss which is actually still a good profitability rate compared to just instinct
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I will say this that we should always trade by how convinced we are to doing it, but not because others are doing it and we also want to give a try, things might not work in for us as it did on others, trading is what needs more patience, time and knowledge as well as the risk being involved to trade either to win or lose, while we all know as it is commonly said that to lose is more easier than to win, but we can change the narrative by ourself in making it right through our own personal and developed pattern of trading.
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The larger part paid off by working instinctively. I also do an analysis according to which I got just as good profit, it didn't even matter on which of the popular exchanges such trading was achieved.
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I will say this that we should always trade by how convinced we are to doing it, but not because others are doing it and we also want to give a try, things might not work in for us as it did on others, trading is what needs more patience, time and knowledge as well as the risk being involved to trade either to win or lose, while we all know as it is commonly said that to lose is more easier than to win, but we can change the narrative by ourself in making it right through our own personal and developed pattern of trading.
In trading we must be confident in our own abilities, not because of other people. But sometimes other people become our motivation to be able to trade better and more skillfully.
In doing research, making analysis and developing strategies we must do it ourselves so that if there is a mistake we can correct it.
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I think instinct without analysis is equal to gambling. If a market that you want to enter with proper analysis, and instinct of going along side with the analysis comes, then the market can be in favor.
Instinct is not really most time favourable in trading, it might get in favor, but not the best to rely on.
Indeed, this tends to be more like gambling. Although for example with analysis does not guarantee 100 percent of the possibility of profits, but at least these efforts are one of the ways to manage the risk and minimize the possibility of loss. because usually with analysis, then there are also tactics and strategies prepared to reduce the risk of loss. However, if only with instinct and no risk management, the level of possibility of loss will be much higher. It is better to be careful when trading, don't just rely on instinct.
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However, if only with instinct and no risk management, the level of possibility of loss will be much higher. It is better to be careful when trading, don't just rely on instinct.
failing to prepare is preparing to fail
if you decide to only rely on instincts with no proper analysis trust that you will be humbled really quick i do not even think the chances of loss will be higher i think there will be no chances of profit at all because it would be comparable to walking around in the dark not knowing what to do or where to go next
with proper analysis and tools you will be guided and you will have better chances in making sure you execute your plans well and you make significant profits
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I will say this that we should always trade by how convinced we are to doing it, but not because others are doing it and we also want to give a try, things might not work in for us as it did on others,
Trading with high confidence will certainly raise high hopes, while trading with instinct usually will not raise any hopes... that's what makes our mind burden heavier or lighter...
Some people may realize that there is also a luck factor in trading, where everyone who is lucky will definitely win and get money, while not everyone who does careful analysis and accurate calculations gets lucky,... it could be that everything that is done mathematically is not realized because of the luck factor....
Maybe the next level that needs to be fixed is our expectations of our decisions... hope is what makes us very hurt and can also make us very happy... trading must involve happiness too in order to be able to persist in learning longer.
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trading must involve happiness too in order to be able to persist in learning longer.
Happiness for most people is profit though, so it's really hard to get motivated if that's your only concern. Unless you're a whale and you have a ton of money so you're looking for the thrill of making the correct leverage call. But I do agree that people need a strong personality, discipline, patience, and so on if they want to improve their trading skills. Demo trading might help to train your instinct as long as you try to replicate it real-time with controlled capital/risk scenario.
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trading must involve happiness too in order to be able to persist in learning longer.
Happiness for most people is profit though, so it's really hard to get motivated if that's your only concern. Unless you're a whale and you have a ton of money so you're looking for the thrill of making the correct leverage call. But I do agree that people need a strong personality, discipline, patience, and so on if they want to improve their trading skills. Demo trading might help to train your instinct as long as you try to replicate it real-time with controlled capital/risk scenario.
If you manage risks, even if you are not a whale, you won't get lost on the market easily, most of your depo, no matter the size, would be secured.
It's just a matter of knowledge and discipline that you mentioned.
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trading must involve happiness too in order to be able to persist in learning longer.
Happiness for most people is profit though, so it's really hard to get motivated if that's your only concern. Unless you're a whale and you have a ton of money so you're looking for the thrill of making the correct leverage call. But I do agree that people need a strong personality, discipline, patience, and so on if they want to improve their trading skills. Demo trading might help to train your instinct as long as you try to replicate it real-time with controlled capital/risk scenario.
A great desire to be able to understand is a good thing to build our enthusiasm to continue learning. Without a desire, we will never want to learn, because learning will take a long time, and for some people it is boring.
If there is, then we must also have a support system, such as family for example. That will make us have even greater enthusiasm.
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Most traders combine several strategies that are often not compatible or that do not work with their chosen trading style. Very few people have mastered a trading process and a trading style. Everyone should practice few techniques well because when you do more research on a thing, better results will come. If you have developed strong trading skills, a solid understanding of who controls the price of that stock at the time, and you understand the different market participant groups. I don't want to play too much with instinct when it comes to trading.
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Most traders combine several strategies that are often not compatible or that do not work with their chosen trading style. Very few people have mastered a trading process and a trading style. Everyone should practice few techniques well because when you do more research on a thing, better results will come. If you have developed strong trading skills, a solid understanding of who controls the price of that stock at the time, and you understand the different market participant groups. I don't want to play too much with instinct when it comes to trading.
in trading need a strategy that suits us, what I mean is we have to do analysis and create a strategy that is adjusted to the trade we choose. In trading there is spot trading, this is the most suitable for me. because futures trading does not suit me, because my trading skills are not good and I am not a professional trader.
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trading must involve happiness too in order to be able to persist in learning longer.
Happiness for most people is profit though, so it's really hard to get motivated if that's your only concern. Unless you're a whale and you have a ton of money so you're looking for the thrill of making the correct leverage call. But I do agree that people need a strong personality, discipline, patience, and so on if they want to improve their trading skills. Demo trading might help to train your instinct as long as you try to replicate it real-time with controlled capital/risk scenario.
A great desire to be able to understand is a good thing to build our enthusiasm to continue learning. Without a desire, we will never want to learn, because learning will take a long time, and for some people it is boring.
If there is, then we must also have a support system, such as family for example. That will make us have even greater enthusiasm.
We must have a strong desire and I agree with you. We can do this well if we get support from our family.
With a strong desire to learn we can invest, learn to analyze and make good strategies in trading and investing.
Because in investing we must always practice and have good experience until we achieve success.
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in trading need a strategy that suits us, what I mean is we have to do analysis and create a strategy that is adjusted to the trade we choose. In trading there is spot trading, this is the most suitable for me. because futures trading does not suit me, because my trading skills are not good and I am not a professional trader.
Yes, we must choose the right strategy that it is suitable with our nature. Each trader may have different trading strategy, it is normal because each trader adjusts the strategy with his ability/capability as well. Sure, most people prefer to choose spot trading because it is safe for all people. Meanwhile future trading, it is very risky because people can lose all their money easily in one day. If you're not experienced enough, kindly choose spot trading only.
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Trading is not just about creating strategy. We have seen professional traders who created strategies and still failed. The idea is creating a strategy in the direction of the market. Another thing is patience with our strategy. Sometimes we might have a nice setup but due to impatience and hastiness we try to run our trade or force the market to move when it hasn't decided to move and we lose out.
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Most traders combine several strategies that are often not compatible or that do not work with their chosen trading style. Very few people have mastered a trading process and a trading style. Everyone should practice few techniques well because when you do more research on a thing, better results will come. If you have developed strong trading skills, a solid understanding of who controls the price of that stock at the time, and you understand the different market participant groups. I don't want to play too much with instinct when it comes to trading.
in trading need a strategy that suits us, what I mean is we have to do analysis and create a strategy that is adjusted to the trade we choose. In trading there is spot trading, this is the most suitable for me. because futures trading does not suit me, because my trading skills are not good and I am not a professional trader.
In futures trading you enter into a contract to buy or sell a cryptocurrency at a predetermined price on a specific future date. Moreover, futures trading allows the use of leverage which means you can control a large position with a small amount of capital. Even the future trading is more suitable for short term speculation and active trading strategies, including day trading and taking advantage of price volatility. High risk due to use of leverage in futures trading. While leverage increases potential profits it also increases the potential for significant losses. So if the market suddenly goes against you then you have to suffer big losses.
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Trading is not just about creating strategy. We have seen professional traders who created strategies and still failed. The idea is creating a strategy in the direction of the market. Another thing is patience with our strategy. Sometimes we might have a nice setup but due to impatience and hastiness we try to run our trade or force the market to move when it hasn't decided to move and we lose out.
Dealing up with market is something that you do really need up on making up some analysis and you cant really just that make yourself having this kind of of approach when it comes into trading. You cant just that rely with your intuition or instinct when dealing up with it because these things will really be that usually go against with your strategy on which at the moment or time that you do rely with it then it is really that going against with your analysis. So it will really be that up to you on how you do deal up with things accordingly. It will really be that up to you on where you will be following into it or not on which its impossible that you cant be able to distinguish when it comes to profitability.
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Dealing up with market is something that you do really need up on making up some analysis and you cant really just that make yourself having this kind of of approach when it comes into trading. You cant just that rely with your intuition or instinct when dealing up with it because these things will really be that usually go against with your strategy on which at the moment or time that you do rely with it then it is really that going against with your analysis. So it will really be that up to you on how you do deal up with things accordingly. It will really be that up to you on where you will be following into it or not on which its impossible that you cant be able to distinguish when it comes to profitability.
Well said! Instinct cannot work in situations that do not involve luck. Trading has nothing to do with luck, so traders' instincts will always fail them. To profit from trading, you must be an effective analyst. Your ability to research market trends and dynamics prior to trading is what generates profits.
This analysis will assist the trader in studying the rise and fall of a cryptocurrency's prices in the market, as well as guiding the trader on the best time to trade to make a profit because, at the end of the day, the essence of trading is to make a profit, which can only be made through proper analysis rather than instinct.
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A great desire to be able to understand is a good thing to build our enthusiasm to continue learning. Without a desire, we will never want to learn, because learning will take a long time, and for some people it is boring.
If there is, then we must also have a support system, such as family for example. That will make us have even greater enthusiasm.
We must have a strong desire and I agree with you. We can do this well if we get support from our family.
With a strong desire to learn we can invest, learn to analyze and make good strategies in trading and investing.
Because in investing we must always practice and have good experience until we achieve success.
Because it needs to be remembered in this case we do not only need technical, fundamental skills, we also need something that can make us more able to never get tired of doing it.
If we already have a small family and children, then I am sure that spirit will grow even bigger. Because we will definitely do everything for the future of our children to be better.
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Because it needs to be remembered in this case we do not only need technical, fundamental skills, we also need something that can make us more able to never get tired of doing it.
If we already have a small family and children, then I am sure that spirit will grow even bigger. Because we will definitely do everything for the future of our children to be better.
Trading psychology and how to do risk management and money management are also important, because technical and fundamental will depend on the psychology and management that is carried out., all of them have important attachments so that trading can go according to plan.
Never get bored to continue to develop because indeed there are many other dependents such as family that must be supported and that does make us more enthusiastic to continue to move forward and continue to learn, as well as make more money from trading.
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A great desire to be able to understand is a good thing to build our enthusiasm to continue learning. Without a desire, we will never want to learn, because learning will take a long time, and for some people it is boring.
If there is, then we must also have a support system, such as family for example. That will make us have even greater enthusiasm.
We must have a strong desire and I agree with you. We can do this well if we get support from our family.
With a strong desire to learn we can invest, learn to analyze and make good strategies in trading and investing.
Because in investing we must always practice and have good experience until we achieve success.
Because it needs to be remembered in this case we do not only need technical, fundamental skills, we also need something that can make us more able to never get tired of doing it.
If we already have a small family and children, then I am sure that spirit will grow even bigger. Because we will definitely do everything for the future of our children to be better.
Of course family will be our motivation in doing something. We must struggle and be able to provide for our families. This is what drives us to always learn and focus on seeking profit through trading and investment.
In trading there are many things that we must learn because trading requires knowledge and experience.
We gain experience by always practicing to hone our skills. I agree with the opinion above.
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Because it needs to be remembered in this case we do not only need technical, fundamental skills, we also need something that can make us more able to never get tired of doing it.
If we already have a small family and children, then I am sure that spirit will grow even bigger. Because we will definitely do everything for the future of our children to be better.
Trading psychology and how to do risk management and money management are also important, because technical and fundamental will depend on the psychology and management that is carried out., all of them have important attachments so that trading can go according to plan.
Never get bored to continue to develop because indeed there are many other dependents such as family that must be supported and that does make us more enthusiastic to continue to move forward and continue to learn, as well as make more money from trading.
Indeed, these are things that are interconnected and interdependent, balanced, and must be considered, That's why, we always say that trading is not as easy as just a process of buying at low numbers and selling at high numbers. Because to determine all that, there is a fairly complicated process that must be done. and from here, the results will usually be very influential. although there is no 100% guarantee, but all efforts are equipped with good risk management, enough knowledge about TA and FA, emotional management, and also discipline, the results will not be disappointing.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
As a matter of facts, you cannot trade, hold cryptocurrency coin with instinct. Everything about cryptocurrency is a knowledge based on technological searches to bring ideas that may benefit mankind, and it is not related to luck.
You see, whether we like it or no, cryptocurrency was invented out of searches through knowledge, just like other aspects of the inventions are being developing, and upgrading up to the level it is now.
Trading in my opinion requires analysis, including historical data, FA, TA, demands/supply rules, human behavior (sentiments), hypes, speculation etc. I think that without any experiences on this basic factors, it will be impossible to trade to earn tangible profits over times.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
As a matter of facts, you cannot trade, hold cryptocurrency coin with instinct. Everything about cryptocurrency is a knowledge based on technological searches to bring ideas that may benefit mankind, and it is not related to luck.
You see, whether we like it or no, cryptocurrency was invented out of searches through knowledge, just like other aspects of the inventions are being developing, and upgrading up to the level it is now.
Trading in my opinion requires analysis, including historical data, FA, TA, demands/supply rules, human behavior (sentiments), hypes, speculation etc. I think that without any experiences on this basic factors, it will be impossible to trade to earn tangible profits over times.
As many people say in trading and investment requires knowledge in making analysis before making a decision to buy or sell. so we should not hope. about luck, even though we know that luck exists. but we should have good knowledge and analysis in trading. because luck will not always come.
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As many people say in trading and investment requires knowledge in making analysis before making a decision to buy or sell. so we should not hope. about luck, even though we know that luck exists. but we should have good knowledge and analysis in trading. because luck will not always come.
luck is not dependable you should not just depend on luck because you can never know when it will come or whether it will come at all we can hope for luck to come but we should not put luck to the very center of our decisions
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Because it needs to be remembered in this case we do not only need technical, fundamental skills, we also need something that can make us more able to never get tired of doing it.
If we already have a small family and children, then I am sure that spirit will grow even bigger. Because we will definitely do everything for the future of our children to be better.
Of course family will be our motivation in doing something. We must struggle and be able to provide for our families. This is what drives us to always learn and focus on seeking profit through trading and investment.
In trading there are many things that we must learn because trading requires knowledge and experience.
We gain experience by always practicing to hone our skills. I agree with the opinion above.
Of course, in trading, we do not immediately gain a profit, because we need a process to be able to get all that. With the presence of support, we will be more consistent in learning and continue to add to our experience.
Me too, every time I see my family, my motivation and enthusiasm increase even more, especially if they support what we do. Although they may not say it directly in words, we can definitely feel it from their actions.
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As many people say in trading and investment requires knowledge in making analysis before making a decision to buy or sell. so we should not hope. about luck, even though we know that luck exists. but we should have good knowledge and analysis in trading. because luck will not always come.
luck is not dependable you should not just depend on luck because you can never know when it will come or whether it will come at all we can hope for luck to come but we should not put luck to the very center of our decisions
I believe luck has been the major driving factors in gambling because when one is not lucky enough he won't win any game, though our skills count mostly but we shouldn't also capitalize on our skills to make winning, sometimes we still need luck to win and every gamblers usually prays for luck to come on their side to win game so that they wouldn't waste their money used in staking the games.
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although there is no 100% guarantee, but all efforts are equipped with good risk management, enough knowledge about TA and FA, emotional management, and also discipline, the results will not be disappointing.
The latter also depends on the trend at that time, sometimes the price of bitcoin is really not predicted and when there is a FUD or sudden news then the price will change drastically. Crypto is indeed full of risk and really cannot be fully predicted, only knowing how it will happen later.
This cycle alone is not the same as the previous cycle and it looks like there are a lot of delays happening, but now it's just waiting for the Bullrun to arrive soon.
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However, if only with instinct and no risk management, the level of possibility of loss will be much higher. It is better to be careful when trading, don't just rely on instinct.
failing to prepare is preparing to fail
Indeed, I remember the words of Benjamin Franklin's quote, which is essentially like that. And that's what happened, because preparation is part of our success in the future. We must also remember this quote:
"Success is the result of preparation, hard work, and learning from failure" — Colin Powell
This is why in every endeavor, preparation, hard work in action, and also evaluation from learning from failure, are very important, and learning from experience is also very helpful. Especially in trading or investment, this is very necessary, to manage risk better.
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although there is no 100% guarantee, but all efforts are equipped with good risk management, enough knowledge about TA and FA, emotional management, and also discipline, the results will not be disappointing.
The latter also depends on the trend at that time, sometimes the price of bitcoin is really not predicted and when there is a FUD or sudden news then the price will change drastically. Crypto is indeed full of risk and really cannot be fully predicted, only knowing how it will happen later.
This cycle alone is not the same as the previous cycle and it looks like there are a lot of delays happening, but now it's just waiting for the Bullrun to arrive soon.
Price of Bitcoin or in crypto overall is something which is really that never been predictable. If we do speak about trading analysis then we do know about the significance about news FA or TA's on which this is something that we would really be that using when dealing up with trading because you cant be able to sustain yourself on just simply by instinct because if you are doing something like this then you are really just that basically doing gambling because you are really just that simply trying out to put up some entry because you are really that having no idea and basing up with emotions on which we know that this is really that not recommended when you do hover yourself with the market.
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just simply by instinct because if you are doing something like this then you are really just that basically doing gambling because you are really just that simply trying out to put up some entry because you are really that having no idea and basing up with emotions on which we know that this is really that not recommended when you do hover yourself with the market.
Yes I know that, if it's just by instinct and entering with a few entries into the market without knowing where the good entry and exit points are, it's just like gambling. just guess according to feelings, not with TA and FA that we learn in trading.
Many people claim they can trade, but in reality they just rely on instinct and decide where to buy and then sell with instinct, they will end up just panicking and losing when what they do wrong.
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just simply by instinct because if you are doing something like this then you are really just that basically doing gambling because you are really just that simply trying out to put up some entry because you are really that having no idea and basing up with emotions on which we know that this is really that not recommended when you do hover yourself with the market.
Yes I know that, if it's just by instinct and entering with a few entries into the market without knowing where the good entry and exit points are, it's just like gambling. just guess according to feelings, not with TA and FA that we learn in trading.
Many people claim they can trade, but in reality they just rely on instinct and decide where to buy and then sell with instinct, they will end up just panicking and losing when what they do wrong.
If you follow the instinct, you are randomly entering in any price without a plan where to put the stop-lose. I've been there before. The hard part is that I randomly put my stop-lose anywhere without thinking that it could lead to losing a huge amount.
Plus, doing it with scalping, I lose my capital pretty fast compared to analysing the chart and waiting for patterns and the right position, then putting stop-loss as thin as possible.
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If you follow the instinct, you are randomly entering in any price without a plan where to put the stop-lose. I've been there before. The hard part is that I randomly put my stop-lose anywhere without thinking that it could lead to losing a huge amount.
Plus, doing it with scalping, I lose my capital pretty fast compared to analysing the chart and waiting for patterns and the right position, then putting stop-loss as thin as possible.
Whenever you do scalping it is necessary that everything can be generated through technical fundamentals, something as sudden as a stop loss should Always be our handling brake, sometimes in scalping the patterns are very fulfilled, on the other hand in Medium or long term trading it is another thing, the fundamentals are different, then the temporality to do Trading is very valuable to know what type of analysis should be done, although I always rely on the analysis of using the Wyckoff method which for me is one of the best.
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just simply by instinct because if you are doing something like this then you are really just that basically doing gambling because you are really just that simply trying out to put up some entry because you are really that having no idea and basing up with emotions on which we know that this is really that not recommended when you do hover yourself with the market.
Yes I know that, if it's just by instinct and entering with a few entries into the market without knowing where the good entry and exit points are, it's just like gambling. just guess according to feelings, not with TA and FA that we learn in trading.
Many people claim they can trade, but in reality they just rely on instinct and decide where to buy and then sell with instinct, they will end up just panicking and losing when what they do wrong.
If you follow the instinct, you are randomly entering in any price without a plan where to put the stop-lose. I've been there before. The hard part is that I randomly put my stop-lose anywhere without thinking that it could lead to losing a huge amount.
Plus, doing it with scalping, I lose my capital pretty fast compared to analysing the chart and waiting for patterns and the right position, then putting stop-loss as thin as possible.
When you do follow your instinct then it will be that understandable that it is really just that considered to be a gambling because it will be that opposing against with your analysis. So it will be that depending on you on what you would be using whether you will really be basing up with instinct or getting in line with analysis. We do know that when it comes into this aspect on which it will really be that important that you do consider on which way or method that give out that kind of profitability on which its impossible that you cant be able to determine on which one is really that better. Trade with analysis and this is the most preferred method but there are some unavoidable situations on which you do able to follow your instincts.
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As many people say in trading and investment requires knowledge in making analysis before making a decision to buy or sell. so we should not hope. about luck, even though we know that luck exists. but we should have good knowledge and analysis in trading. because luck will not always come.
luck is not dependable you should not just depend on luck because you can never know when it will come or whether it will come at all we can hope for luck to come but we should not put luck to the very center of our decisions
I believe luck has been the major driving factors in gambling because when one is not lucky enough he won't win any game, though our skills count mostly but we shouldn't also capitalize on our skills to make winning, sometimes we still need luck to win and every gamblers usually prays for luck to come on their side to win game so that they wouldn't waste their money used in staking the games.
Trading and gambling are not the same thing. If luck is required in gambling, we do not need it to profit in trading. What is required for trading is market data. If a trader can study this data, he will be able to make good trading decisions and be confident in his returns.
Trading requires market knowledge. Traders with extensive market knowledge must make a profit over time. If the market trend is properly studied, a trader will make successful trades and even have confidence in his trades; however, this confidence will obviously be lacking for a trader who relies on market luck.
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If you follow the instinct, you are randomly entering in any price without a plan where to put the stop-lose. I've been there before. The hard part is that I randomly put my stop-lose anywhere without thinking that it could lead to losing a huge amount.
Plus, doing it with scalping, I lose my capital pretty fast compared to analysing the chart and waiting for patterns and the right position, then putting stop-loss as thin as possible.
Whenever you do scalping it is necessary that everything can be generated through technical fundamentals, something as sudden as a stop loss should Always be our handling brake, sometimes in scalping the patterns are very fulfilled, on the other hand in Medium or long term trading it is another thing, the fundamentals are different, then the temporality to do Trading is very valuable to know what type of analysis should be done, although I always rely on the analysis of using the Wyckoff method which for me is one of the best.
Traders should always rely on their knowledge and metrics in place.
Going scalping, long term, medium term - it all boils down to it and doing it responsible way.
Of course, all the methods would vary, but they would just be adapted to the current market or the target set for the positions.
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The best bet is to trade with both. Even though when I trade the market always deems it fit to go the opposite way, lol. If I short any token now it might probably end up doing a new ATH, hahahaha.
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Traders should always rely on their knowledge and metrics in place.
Going scalping, long term, medium term - it all boils down to it and doing it responsible way.
Of course, all the methods would vary, but they would just be adapted to the current market or the target set for the positions.
There is no doubt that this is the case. I have done scalping and the things that happen are nothing like what happens in medium or long term trading. This means that the fundamentals are different for each time frame There is something for everyone. I do short term trading to get quick results as much as I can, but of course, for me long term trading is much easier because it gives me time to react more quickly to the sudden changes that sometimes occur. This is not possible in short term trading.
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I have a simple system
I mine
I ladder down buy
I ladder up sell
All of the above is about 30% of my crypto investments
ladder down from 91k to 42k
ladder up from 110k to 170k
mine and hodl in the 91k to 110 slot
i also post here and bitcointalk and stack those coins
patient is the key.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Trading with instinct is a gamble it can go right or wrong so it's just a coincidence that you ended up profits while following your instincts but I bet you won't be if you trade consistently.
Analysis is important aspect, you can't make any decisions just blindly, it has to be based on something and TA is the most obvious choice we have.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Trading in some cases can become so unpredictable even with Technical and Fundamental analysis that'll end traders to use their own personal instinct to predict a trade.
Though this doesn't quite happen often to some professional traders who takes time to analyse the market properly before placing trades.
In most cases trading with instinct is massively used by beginners who has no much knowledge on trading but has enough funds as capital and this most likely generates loss at the 3rd and 4th time of consecutive trials.
But to the Pro's I guess they make use of their instinct in trading probably ones in a very long time when analysis cannot vividly expose the profitable direction of the market.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
A professional Trader that has been trading for many years and have enough knowledge on trading skills and years of experience in the trading can actually trade with instinct but only when their proven strategies are consistently yielding profits.but in a situation where by a trader doesn't have a good foundation on trading, it is important to rely on analysis, studying patterns, and risk management techniques to manage the markets effectively.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
A professional Trader that has been trading for many years and have enough knowledge on trading skills and years of experience in the trading can actually trade with instinct but only when their proven strategies are consistently yielding profits.but in a situation where by a trader doesn't have a good foundation on trading, it is important to rely on analysis, studying patterns, and risk management techniques to manage the markets effectively.
Traders cannot simply base their decisions on gut feeling while trading because that no matter how much experience one has in trading, the strategy can prove dangerous. The market as we know needs not be predictable and there are several factors that are beyond its control. Any decision made by using the data and analysis can only be better than making a decision purely on the basis of information. That is why even such long term traders still need a clear framework, be it technicals, or the usage of fundamentals, or a mixture of both. That is a dangerous game to follow one’s gut feel which is why it is essential to follow more of a specific set of cheques and balances in the market reading process.
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This can't be true because trading is not what to go by what your instinct tells you because trading can't be gotten correctly by guessing work as we do in gambling most times. Trading that relies on winning by instinct will lose more than imagined. That's why most traders learn the trading analysis first before they start to trade.
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This can't be true because trading is not what to go by what your instinct tells you because trading can't be gotten correctly by guessing work as we do in gambling most times. Trading that relies on winning by instinct will lose more than imagined. That's why most traders learn the trading analysis first before they start to trade.
Will using that analysis make you always win??? There is no guarantee of that, my friend... it is true that I do not justify doing something without calculation, but instinct can say otherwise when you feel something different... and it really comes from a human instinct....
I do not recommend always making decisions based on instinct, because if the decision is wrong, you will be in real trouble and evaluating the cause of your mistake is very funny...
The topic I created is actually just to share what I feel, because decisions taken by instinct are not always lost... that's the interesting thing here... there is still a chance to get profit even without thinking (not to be done often, because it comes purely from luck)...
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This can't be true because trading is not what to go by what your instinct tells you because trading can't be gotten correctly by guessing work as we do in gambling most times. Trading that relies on winning by instinct will lose more than imagined. That's why most traders learn the trading analysis first before they start to trade.
Trading based on gut feeling is really something that can bring continuity of a win and actually it is not advisable. Most times, decisions made temporarily without any basis end up producing results that are not encouraged. That is why sometimes many traders make it a point to carry out an analysis before engaging themselves in the markets. This way there is better style of strategy that is preferred that does not have to take more risks that are unnecessary when there is enough information in order to have an understanding of how price movements of any currency behave. Facts have it that the market has so many drivers that need to be managed that it would be very advisable not to just rely on one’s feeling. Generally, the opportunity to get better result gets enhanced when we have a better understanding.
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Have you ever experienced an incident that did not even match expectations, where when many people always campaign that trading must use analysis, while what happens is sometimes far different from reality
- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
Trading in some cases can become so unpredictable even with Technical and Fundamental analysis that'll end traders to use their own personal instinct to predict a trade.
Though this doesn't quite happen often to some professional traders who takes time to analyse the market properly before placing trades.
In most cases trading with instinct is massively used by beginners who has no much knowledge on trading but has enough funds as capital and this most likely generates loss at the 3rd and 4th time of consecutive trials.
But to the Pro's I guess they make use of their instinct in trading probably ones in a very long time when analysis cannot vividly expose the profitable direction of the market.
I think instinct and t/a are pretty worthless.
if you structure your buy sell and hold patterns correctly you won't lose a lot. it is much more of a waiting game.
three zones.
buy zone
hodl zone
sell zone
and do not vary or lose patience.
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I think instinct and t/a are pretty worthless.
if you structure your buy sell and hold patterns correctly you won't lose a lot. it is much more of a waiting game.
three zones.
buy zone
hodl zone
sell zone
and do not vary or lose patience.
Patience is key. Only patient traders have the ability to hodl. Traders hodl for years just to see how much their crypto assets yield before selling. Traders who hodl do not lose money in the market, with the exception of a few traders who may have an emergency and decide to sell and would not care about the value of their cryptocurrency. Apart from this scenario, hodlers always profit.
However, it is always advisable for a trader to conduct fundamental and technical analysis before deciding on which cryptocurrency asset to hodl. These analyses will demonstrate how promising the cryptocurrency is and the potential for it to increase in value.
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This can't be true because trading is not what to go by what your instinct tells you because trading can't be gotten correctly by guessing work as we do in gambling most times. Trading that relies on winning by instinct will lose more than imagined. That's why most traders learn the trading analysis first before they start to trade.
Gut trading may work once, but it won't work twice.
Whereas analysis is where success lies in the long run, due to the risks being lower and the possibility of success - higher.
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Traders cannot simply base their decisions on gut feeling while trading because that no matter how much experience one has in trading, the strategy can prove dangerous. The market as we know needs not be predictable and there are several factors that are beyond its control. Any decision made by using the data and analysis can only be better than making a decision purely on the basis of information. That is why even such long term traders still need a clear framework, be it technicals, or the usage of fundamentals, or a mixture of both. That is a dangerous game to follow one’s gut feel which is why it is essential to follow more of a specific set of cheques and balances in the market reading process.
I didn't mean that traders should ignore analytical trading entirely or rely solely on emotions. What I suggest is that, an experienced traders can leverage their existing knowledge and strategies, which have been profitable to them to make good and informed decisions. With years of their experience, traders can develop instincts that will enable them to make informed decisions without regularly or continously re-analyzing the markets. By combining their expertise with instinct, traders can be able to manage their risk and maximize profits, and also have confidence in their market decisions. A professional traders will be more comfortable and will also have the ability to handle any unexpected thing that affect the market without relying or depending on analysis, because their instincts will guide them. I did not deny that instinct trading doesn't have disadvantages, but It also have advantages.
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I think instinct and t/a are pretty worthless.
if you structure your buy sell and hold patterns correctly you won't lose a lot. it is much more of a waiting game.
three zones.
buy zone
hodl zone
sell zone
and do not vary or lose patience.
Patience is key. Only patient traders have the ability to hodl. Traders hodl for years just to see how much their crypto assets yield before selling. Traders who hodl do not lose money in the market, with the exception of a few traders who may have an emergency and decide to sell and would not care about the value of their cryptocurrency. Apart from this scenario, hodlers always profit.
However, it is always advisable for a trader to conduct fundamental and technical analysis before deciding on which cryptocurrency asset to hodl. These analyses will demonstrate how promising the cryptocurrency is and the potential for it to increase in value.
Yes, Long-term investment does entail patience and absolute belief in the returns, based on the value, that is likely to appreciate in the future. When deciding where to store the crypto assets, we also use the waiting factor as well as the ability to determine the market situation. Thus not everyone remains constant so they cannot be able to endure what happens, but those who do last and remain constant, they are compensated with results in relation to the number of years gone. Also, other important elements still remain a part, those are tend to consider all the available information before making the decision. As a result, by studying the assets that will be stored there is more confidence when facing movements in the market, which will make the decisions made more profitable.
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- When trading using instinct, we actually profit
It is the same by having analysis, sometimes we lose as well. And that's why for that reason, we have to make it up to ourselves that we'll be careful whether we use analysis or just instinct. But I can relate with using instinct in trading. Actually, it's not a day trading strategy but more likely of holding for a while and then selling it when I am able to make some money. It's funny but it's a real thing that happens when a random trader just chooses some coin without having any analysis and yet they profit.
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- When trading using instinct, we actually profit
It is the same by having analysis, sometimes we lose as well. And that's why for that reason, we have to make it up to ourselves that we'll be careful whether we use analysis or just instinct. But I can relate with using instinct in trading. Actually, it's not a day trading strategy but more likely of holding for a while and then selling it when I am able to make some money. It's funny but it's a real thing that happens when a random trader just chooses some coin without having any analysis and yet they profit.
if you only rely on instinct and choose random coins, you should choose top coins. because the possibility of getting bigger profits.
in trading requires analysis, not instinct. that's why we have to learn to make analysis and have a strategy, this is for short-term trading. While if we only buy and sell, we can also do it, but still make analysis.
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One should trade in general thanks to analysis, instinct is good, but not all the time, instinct appears only when it should appear, it is something that happens innately and for some strange reason, but it is not something that has to be done always like that, the one who trades by instinct is always a total lie, by intuition things will go wrong, because trading is not like that, sometimes the analysis by itself fails, and it fails because at that moment we do not have the correct vision of the market.
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Trading based on analysis and trading based on emotions are two different things. Especially for those who have gained experience in trading, trading based on emotions is never seen. Only inexperienced traders trade out of instinct or greed, and in most cases, they end up losing capital and ultimately ending up trading with a zero balance. Therefore, for those who are new to trading, they should definitely not trade without knowing the ins and outs of trading, as in this case, there is a high chance of losing their capital. Moreover, one must always remember that emotions, feelings, one's own tempting instincts, etc. should never be allowed to take refuge in trading, as this will result in more losses than gains.
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One should trade in general thanks to analysis, instinct is good, but not all the time, instinct appears only when it should appear, it is something that happens innately and for some strange reason, but it is not something that has to be done always like that, the one who trades by instinct is always a total lie, by intuition things will go wrong, because trading is not like that, sometimes the analysis by itself fails, and it fails because at that moment we do not have the correct vision of the market.
When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
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Sometimes, I do it instinctively by checking the recent market trends. It's not always the perfect result, but what I don't miss is the stop loss accompanying my actual trade. It's the most important part, IMO. It's always going to be that factor that I would be sure to set because I don't want to lose all my capital. It's better for me to decide with analysis mixed with instinct.
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Sometimes, I do it instinctively by checking the recent market trends. It's not always the perfect result, but what I don't miss is the stop loss accompanying my actual trade. It's the most important part, IMO. It's always going to be that factor that I would be sure to set because I don't want to lose all my capital. It's better for me to decide with analysis mixed with instinct.
The integration of analytical and intuitive approaches to the making decision can be a successful strategy if it is performed under the moderation of risk. It is always active with many unpredictable factors that make it rational to set a loss limit so as not to make more losses. Everyone is not able to come up with a strict plan of operations to follow and even if one does, one is not able to stick to the strictures set due to impulsiveness that results in worse outcomes. Not all the results will be possible to meet or may not be expected but, the key is to be consistent staying perfectly balanced at the same time in terms of analysis and ever intricate and widening experience. As Charlemagne has done today, we should strive to be gentle and not be perturbed by movements in the market because it will make us ready to move to the next level without necessarily being forced by the current trends that are available.
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My instincts are clouded so I am not able to recognize them, so I always rely on logic to make decisions, which sometimes works out and sometimes don't.
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Re: Trading by analysis or by instinct?
Trading by analysis is always smarter, and a better approach because it will rely on your strategy and your own risk management compared to trading by instinct which often uses your emotions and sometimes, a bit of a guess as well.
Trading by analysis means using indicators, market trends, the fundamentals and in that way, traders can make better decisions that will increase their chances of success. Trading by instinct is more of an impulsive trading which is mostly driven by greed or in general, emotions and we know how bad trading through emotions can be.
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When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
Well, intuition in trading is something that I don't think of like that, but this is because I read a book by Jesse Livermore that talks about this part of intuition, that it rarely occurred to him and when the idea of doing it lent itself to him, he did it and made a lot of money, but of course it is something that happened to him sporadically, the idea is that it happens like this, and not that you have intuition every time you trade, so that is how I have applied it, although to be honest I have not had much intuition about trading, I always stick to the plan or what I choose to do.
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When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
Well, intuition in trading is something that I don't think of like that, but this is because I read a book by Jesse Livermore that talks about this part of intuition, that it rarely occurred to him and when the idea of doing it lent itself to him, he did it and made a lot of money, but of course it is something that happened to him sporadically, the idea is that it happens like this, and not that you have intuition every time you trade, so that is how I have applied it, although to be honest I have not had much intuition about trading, I always stick to the plan or what I choose to do.
Sticking with the plan will really be always the best but there are times that intuitions could be felt and it will be that up to you whether you do follow it out or not because there are indeed moments or time on which you would really be that thinking that you can possibly be able to make up some winning trades or profitable ones when you do follow up your intuition. This could really happen and thats why some people been that giving out some attention into it on which it will really be basing up into the history or your previous results.
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When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
Yes, it is something that we must know how to handle, there are times when we have that intuition to make certain moves when we ourselves realize that it is Something that goes far beyond anything else, so we must pay attention to that, but always under a Unique scheme of Responsibility that we do not get carried away by emotions and that we manage to do Something fair that we do not deplete our capital, if we do that then it is very good, but this cannot be taken as always doing it like that, we must always consider doing each move under a previous study.
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Trading based on analysis and trading based on emotions are two different things. Especially for those who have gained experience in trading, trading based on emotions is never seen. Only inexperienced traders trade out of instinct or greed, and in most cases, they end up losing capital and ultimately ending up trading with a zero balance. Therefore, for those who are new to trading, they should definitely not trade without knowing the ins and outs of trading, as in this case, there is a high chance of losing their capital. Moreover, one must always remember that emotions, feelings, one's own tempting instincts, etc. should never be allowed to take refuge in trading, as this will result in more losses than gains.
The funny thing is most of the newbies able to make profit on the basis of their instincts and greed they don't know they are being greedy they mistake it with their insticts and understanding of the market but in reality they are just making blind predictions of market on the basis of whatever they see on social media and TV.
They make money at first but with time they lose it all and then say, first crypto market give something and then take it all. I have heard this from many people but they don't realize their mistake.
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This is untrue. Using instinct will be riskier and it may lead a bigger chance for a lose. Meanwhile using analysis, it should be more secure because it considers reasonable factors. There are many things that we should analyze, it isn't about the fundamental aspect only.
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I use both technical analysis and fundamental analysis. TBH, I don't believe in using instinct. I assume using instinct isn't the right way to use for professional traders. Experienced traders must use analysis before they decide anything in trading. It shouldn't be an instant analysis but it must be based on complex analysis.
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- When trading using analysis, we actually lose
- When trading using instinct, we actually profit
This is untrue. Using instinct will be riskier and it may lead a bigger chance for a lose. Meanwhile using analysis, it should be more secure because it considers reasonable factors. There are many things that we should analyze, it isn't about the fundamental aspect only.
I want to hear your experiences in trading, especially those who have been able to generate regular income from trading, do you use technical analysis, fundamentals or just use instinct or feeling?
I use both technical analysis and fundamental analysis. TBH, I don't believe in using instinct. I assume using instinct isn't the right way to use for professional traders. Experienced traders must use analysis before they decide anything in trading. It shouldn't be an instant analysis but it must be based on complex analysis.
Both has same effects and one could lose and also gain and there is no specific effect or exact results by both or each of them. If you trade by analyzing there are chance that one could lose as well, if one trades by instead there are all likelihood for that person to also lose as well. Then thing is we should be tightly targeting of what we need and carefully observe the market to know when to enter and exit the market, that is why it's important to hold than trading as we know it gives less pressure on the holder.
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When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
Yes, it is something that we must know how to handle, there are times when we have that intuition to make certain moves when we ourselves realize that it is Something that goes far beyond anything else, so we must pay attention to that, but always under a Unique scheme of Responsibility that we do not get carried away by emotions and that we manage to do Something fair that we do not deplete our capital, if we do that then it is very good, but this cannot be taken as always doing it like that, we must always consider doing each move under a previous study.
So sometimes it work, sometimes it doesn't, and it's like it's luck as least that's how I felt during the time when I was trading. But still, it's best if you are going to stick to our analysis or what the graph says instead on our emotions.
And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
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And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
Essentially that is all that is recommended, and personally I will always base myself on the fact that when we are doing things right we do not have to force ourselves to invent with those impulses, sometimes intuitions are small impulses that we cannot Recognize , and that an intuition is different, it feels different, that is why when something like that is applied you must know well and be sure that it is an intuition, but it is better to hold on to our analysis, it is much more reliable, in any case what will always prove us right is our experience , it is what teaches the most.
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When it comes to intuition then this is something which cant be avoided on certain situations on which it will really be that something that needing up for you whether you will be that following that intuition or would really be sticking into your analysis on which it is really that much more preferrable if you will be sticking into your analysis. It is really just that there are times that intuition do really make that even more your preference to choose which one. It will really be that up into your risks management whether you will be following or doing the other one or the other one. So it will be that a situational thing.
Yes, it is something that we must know how to handle, there are times when we have that intuition to make certain moves when we ourselves realize that it is Something that goes far beyond anything else, so we must pay attention to that, but always under a Unique scheme of Responsibility that we do not get carried away by emotions and that we manage to do Something fair that we do not deplete our capital, if we do that then it is very good, but this cannot be taken as always doing it like that, we must always consider doing each move under a previous study.
So sometimes it work, sometimes it doesn't, and it's like it's luck as least that's how I felt during the time when I was trading. But still, it's best if you are going to stick to our analysis or what the graph says instead on our emotions.
And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
In trading we must rely on numbers by making analysis and we must not be influenced by bad emotions such as fear and greed.
This will make us less focused and lose.
Analysis is the main capital for trading and developing the right strategy by always monitoring the market.
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And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
Essentially that is all that is recommended, and personally I will always base myself on the fact that when we are doing things right we do not have to force ourselves to invent with those impulses, sometimes intuitions are small impulses that we cannot Recognize , and that an intuition is different, it feels different, that is why when something like that is applied you must know well and be sure that it is an intuition, but it is better to hold on to our analysis, it is much more reliable, in any case what will always prove us right is our experience , it is what teaches the most.
Everyone has intuition that will always be there in our lives, but we must prefer analysis over intuition. because sometimes intuition is wrong, because emotions always have an effect.
I believe more in analysis than intuition because for me trading requires analysis and strategy, not intuition
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If you are a day trader and prefer to trade with instinct, you are only gambling. The outcome will not be good.
Technical analyses do not mean accurate trading. Have some strategies to minimize losses and making the possibility of higher profit.
I don't think it is possible to trade as a "day trader" with instinct, in fact, day trading is highly a technical trading options and not many people will dare this option. Obviously, day trading requires experiences with the ability to apply Technical and fundamental analysis approach.
Day trading also involves the used of market indicators, trends and patterns within the day(24hrs) time Frame.
Trading with instinct does not guaranteed any success, it completely a guess trading style, and can't be recommended on the crypto market.
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If you are a day trader and prefer to trade with instinct, you are only gambling. The outcome will not be good.
Technical analyses do not mean accurate trading. Have some strategies to minimize losses and making the possibility of higher profit.
I don't think it is possible to trade as a "day trader" with instinct, in fact, day trading is highly a technical trading options and not many people will dare this option. Obviously, day trading requires experiences with the ability to apply Technical and fundamental analysis approach.
Day trading also involves the used of market indicators, trends and patterns within the day(24hrs) time Frame.
Trading with instinct does not guaranteed any success, it completely a guess trading style, and can't be recommended on the crypto market.
I agree that it is closer to gambling if trading relies on instinct. However, analysis is a factor that cannot be ignored, we must analyze before entering the market.
Indeed, sometimes we also have instincts about the market and usually it is right, but we also usually run it by also doing analysis, or in other words our instincts are accompanied by knowledge through analysis.
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I will suggest that if you want to go into trading, try as much as possible to see that you combine the two together, trade by your instincts and also trade by the both the fundamental and analytical analysis you have conducted, because this will all work together in giving you the best of the market performance needed, we must have the ability to take risk and also be able to manage it base on how we can afford it.
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I will suggest that if you want to go into trading, try as much as possible to see that you combine the two together, trade by your instincts and also trade by the both the fundamental and analytical analysis you have conducted, because this will all work together in giving you the best of the market performance needed, we must have the ability to take risk and also be able to manage it base on how we can afford it.
Combining analysis and inspint requires knowledge and experience, but I am asking for friends who have traded, they trust the analysis more than instinct.
I as an unprofessional trader, I follow their advice to focus more on making an analysis
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If you are a day trader and prefer to trade with instinct, you are only gambling. The outcome will not be good.
Technical analyses do not mean accurate trading. Have some strategies to minimize losses and making the possibility of higher profit.
I don't think it is possible to trade as a "day trader" with instinct, in fact, day trading is highly a technical trading options and not many people will dare this option. Obviously, day trading requires experiences with the ability to apply Technical and fundamental analysis approach.
Day trading also involves the used of market indicators, trends and patterns within the day(24hrs) time Frame.
Trading with instinct does not guaranteed any success, it completely a guess trading style, and can't be recommended on the crypto market.
I agree that it is closer to gambling if trading relies on instinct. However, analysis is a factor that cannot be ignored, we must analyze before entering the market.
Indeed, sometimes we also have instincts about the market and usually it is right, but we also usually run it by also doing analysis, or in other words our instincts are accompanied by knowledge through analysis.
Instinct accompanied by proper analysis will allow us to maximize profits in trading and investing, although most traders rely more on analysis than instinct.
but instinct will always be there and appear, this must be supported by analysis, so that our predictions can be close to accurate.
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And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
Emotions are something that is difficult to control, for me it is the part that makes us more human, therefore operating only with emotions is a direct path to failure, that is why it is always good to do the analysis, follow our plan, this is to avoid losing a lot of money, instincts, intuitions must be treated with great care and let us not confuse ourselves, this is something that we must be very careful about, it is always better to stick to our analysis.
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And isn't it what others said, stay away from our emotions as we might lose a big amount of money. We should only trade base on the numbers and what the analysis is pointing us.
Emotions are something that is difficult to control, for me it is the part that makes us more human, therefore operating only with emotions is a direct path to failure, that is why it is always good to do the analysis, follow our plan, this is to avoid losing a lot of money, instincts, intuitions must be treated with great care and let us not confuse ourselves, this is something that we must be very careful about, it is always better to stick to our analysis.
It is quite difficult to control anger, particularly when dealing with certain situations which are likely to cause anger and irritation. This paper focuses on explaining that the emotions are familiar feelings that we experience, but if not well controlled they influence decision making. Using the ideas that have already been analysed enables us to stay on a better track without regarding the circumstances that may affect the planned decision making. It is still important to rely on one’s gut and every decision-maker’s gut feelings however, they must not be acting on impulse. Thus, the maintenance of rational and emotional perspective will lead to less impulse decision making over certain issues and enable a greater window for a great chance to strike improved upon results.
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Emotions are something that is difficult to control, for me it is the part that makes us more human, therefore operating only with emotions is a direct path to failure, that is why it is always good to do the analysis, follow our plan, this is to avoid losing a lot of money, instincts, intuitions must be treated with great care and let us not confuse ourselves, this is something that we must be very careful about, it is always better to stick to our analysis.
Yes, it may be very difficult to control but it is a must to control. We will have many problems if we can't stop emotion, emotion bothers the opportunity to succeed. Besides increasing the experience, improving knowledge is also the way to control the emotion. It is because we can think a more realistic with no emotion anymore if we have good knowledge. Sure, we can do analysis if we have good knowledge. We will also know more with better knowledge.
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If you are a day trader and prefer to trade with instinct, you are only gambling. The outcome will not be good.
Technical analyses do not mean accurate trading. Have some strategies to minimize losses and making the possibility of higher profit.
I don't think it is possible to trade as a "day trader" with instinct, in fact, day trading is highly a technical trading options and not many people will dare this option. Obviously, day trading requires experiences with the ability to apply Technical and fundamental analysis approach.
Day trading also involves the used of market indicators, trends and patterns within the day(24hrs) time Frame.
Trading with instinct does not guaranteed any success, it completely a guess trading style, and can't be recommended on the crypto market.
I agree that it is closer to gambling if trading relies on instinct. However, analysis is a factor that cannot be ignored, we must analyze before entering the market.
Indeed, sometimes we also have instincts about the market and usually it is right, but we also usually run it by also doing analysis, or in other words our instincts are accompanied by knowledge through analysis.
Instinct accompanied by proper analysis will allow us to maximize profits in trading and investing, although most traders rely more on analysis than instinct.
but instinct will always be there and appear, this must be supported by analysis, so that our predictions can be close to accurate.
Not all the time that your instinct will really be that getting in line with your analysis on which this will be that usually be opposing on what we had analyzed earlier. This is where you would really be in torn in between choosing up your instinct or would really be that sticking into your earlier analysis. It will be just that a matter of choice because for sure this isnt really just that the first time that you would really be encountering this kind of situation or scenario on making up choices in between. We do know that there would be those moments that you would really be hesitating into your current position. Trading does need up analysis and you cant just that rely with some hunches and this is why its really important on what you should really be that focusing into.
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I think anyone can trade by instinct in a short term time frame such as 30 minute and up to 4 hour chart. But its more appropriate to trade by analysis on longer time frame like weekly and monthly because by then you can foresee where the market goes because of the momentum indicator and with the help of RSI.
People knows how to read charts already. There is a science to how charts come to happen which is why it has to be learned before trading.
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It is quite difficult to control anger, particularly when dealing with certain situations which are likely to cause anger and irritation. This paper focuses on explaining that the emotions are familiar feelings that we experience, but if not well controlled they influence decision making. Using the ideas that have already been analysed enables us to stay on a better track without regarding the circumstances that may affect the planned decision making. It is still important to rely on one’s gut and every decision-maker’s gut feelings however, they must not be acting on impulse. Thus, the maintenance of rational and emotional perspective will lead to less impulse decision making over certain issues and enable a greater window for a great chance to strike improved upon results.
It is very true, when anger appears and you are in trading things are very likely to go very wrong, you cannot avoid things being or getting out of control, for me in this type of things you have to consider not making trades until you have another mood, another view that is not anger, because this is what happens is that anger generates emotions, operations are made with anger, and the only thing that is achieved is that things get out of control and a lot of money is lost, I say this from my own experience, it has happened to me.