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Author Topic: What type of trader are You  (Read 8679 times)

Offline densus88

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Re: What type of trader are You
« Reply #105 on: December 01, 2024, 08:52:02 PM »
If you understand what type of trader you are then it will play a very helpful role in your future trading. Because the trading strategy is different for each type of trader. Because of this no matter how many profitable strategies you determine, it will never be profitable to trade. For this you need to know and understand the type of trading you are interested in doing. As trades are made for short periods, there is no possibility of over-lit losses. You have to trade according to the capital size. Practice more than one strategy of your choice so that you can get guaranteed profits.
To find out what type of trading we can do, we have to try it by training our skills in trading. Because by practicing, strategizing and trying to improve every trading strategy we do, we will find what trading suits us. Honestly, I never fit in with futures trading, that's why I don't do futures trading. because for me maybe my experience and knowledge about futures trading are not good enough.
Futures contracts obligate you to buy or sell cryptocurrency at a specified price at a specified future date. Many people relate to it but I think any one will be best for you if you can practice it well. The maximum loss payable is limited to the premium, unlike futures, where traders face higher risk and potential liquidation due to leverage and margin requirements. Beginners also get the flexibility to exit unfavorable trade. My younger brother makes a lot of money from just one day trading because he only researched trading since he came to crypto.
Maybe your brother already has good knowledge and experience, because when he entered crypto he focused on trading and had a lot of time to do research and make analysis.
but for those who have real-world activities, only a little free time to trade, the possibility of being skilled in futures trading will be difficult and most fail.
Trading is our willingness to trade money with accurate analysis and predictions in order to maximize the profits we can get.
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Re: What type of trader are You
« Reply #105 on: December 01, 2024, 08:52:02 PM »

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Offline enwi

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Re: What type of trader are You
« Reply #106 on: December 02, 2024, 11:59:30 PM »
If you understand what type of trader you are then it will play a very helpful role in your future trading. Because the trading strategy is different for each type of trader. Because of this no matter how many profitable strategies you determine, it will never be profitable to trade. For this you need to know and understand the type of trading you are interested in doing. As trades are made for short periods, there is no possibility of over-lit losses. You have to trade according to the capital size. Practice more than one strategy of your choice so that you can get guaranteed profits.
To find out what type of trading we can do, we have to try it by training our skills in trading. Because by practicing, strategizing and trying to improve every trading strategy we do, we will find what trading suits us. Honestly, I never fit in with futures trading, that's why I don't do futures trading. because for me maybe my experience and knowledge about futures trading are not good enough.
Futures contracts obligate you to buy or sell cryptocurrency at a specified price at a specified future date. Many people relate to it but I think any one will be best for you if you can practice it well. The maximum loss payable is limited to the premium, unlike futures, where traders face higher risk and potential liquidation due to leverage and margin requirements. Beginners also get the flexibility to exit unfavorable trade. My younger brother makes a lot of money from just one day trading because he only researched trading since he came to crypto.
Maybe your brother already has good knowledge and experience, because when he entered crypto he focused on trading and had a lot of time to do research and make analysis.
but for those who have real-world activities, only a little free time to trade, the possibility of being skilled in futures trading will be difficult and most fail.
Trading is our willingness to trade money with accurate analysis and predictions in order to maximize the profits we can get.
If one is willing to allocate time and focus into trading, chances are high one will reap off from the trade. Now, for others of us who have other busy lives where coming close to that level of expertise is not possible, that does not mean that there are no ways to engage. We can apply relatively basic analytical techniques like investing for the long-term or trading using a short amount of time. There is, therefore, need to ensure equal prioritisation of risk and do not make hasty decisions without proper foundation. Still in the physical realm we are not obsolete and still can make a good deal with the crypto world even though time is running out.

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Re: What type of trader are You
« Reply #106 on: December 02, 2024, 11:59:30 PM »

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Offline Hisbullah

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Re: What type of trader are You
« Reply #107 on: December 05, 2024, 03:22:14 PM »

If one is willing to allocate time and focus into trading, chances are high one will reap off from the trade. Now, for others of us who have other busy lives where coming close to that level of expertise is not possible, that does not mean that there are no ways to engage. We can apply relatively basic analytical techniques like investing for the long-term or trading using a short amount of time. There is, therefore, need to ensure equal prioritisation of risk and do not make hasty decisions without proper foundation. Still in the physical realm we are not obsolete and still can make a good deal with the crypto world even though time is running out.
allocating time and focus on trading depends on the person's busyness in the real world, if they have a busyness in the real world they only use their free time to trade and of course they are not focused on doing it.
because becoming a professional trader requires focus and discipline in making technical and financial analysis and developing the right strategy.
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Offline enwi

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Re: What type of trader are You
« Reply #108 on: December 06, 2024, 10:26:41 PM »

If one is willing to allocate time and focus into trading, chances are high one will reap off from the trade. Now, for others of us who have other busy lives where coming close to that level of expertise is not possible, that does not mean that there are no ways to engage. We can apply relatively basic analytical techniques like investing for the long-term or trading using a short amount of time. There is, therefore, need to ensure equal prioritisation of risk and do not make hasty decisions without proper foundation. Still in the physical realm we are not obsolete and still can make a good deal with the crypto world even though time is running out.
allocating time and focus on trading depends on the person's busyness in the real world, if they have a busyness in the real world they only use their free time to trade and of course they are not focused on doing it.
because becoming a professional trader requires focus and discipline in making technical and financial analysis and developing the right strategy.
Of course, in our rushing daily lives, we spend much less time and effort on trading than in times when we are not so busy. As for others who have a lot of things happening outside of trading it is actually very difficult indeed to fully dedicate yourself to analysis and such like. However, that does not stop us from keeping on having knowledge and making proper choices. Thus with the best time allocation, we can always trade and at the same time not defy other responsibilities that we have. As time goes by, experience and skill will build although doing so while still bargaining the time issue.

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Re: What type of trader are You
« Reply #109 on: December 07, 2024, 12:59:36 PM »
I will say that am a dynamic kind of a trader, because i make use of different strategies as well as trading patterns, this is because i see opportunities coming from anywhere and i try to make myself positioned towards grabbing on it, trading is not what we have to apply a single approach for in some cases, we may have to think twice and also be more dynamic in the way we are trading.

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Re: What type of trader are You
« Reply #110 on: December 07, 2024, 01:35:02 PM »
My trading typical actually dynamic but keep try with short term trading after price dumping will move to be long term trading, not consistent yet with my typical trading but priority keep become short term trader earn profitable consistency every day. Some time after price dumping I hold until have time get recovery and stop loss if get down under around 10%.

Every trader typical have advantage and disadvantage, for short term get profitable consistent although have small and the long term trader potential earn much profitable but need waiting for longer time need have other passive or source income.

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Re: What type of trader are You
« Reply #111 on: December 07, 2024, 03:35:35 PM »
I will say that am a dynamic kind of a trader, because i make use of different strategies as well as trading patterns, this is because i see opportunities coming from anywhere and i try to make myself positioned towards grabbing on it, trading is not what we have to apply a single approach for in some cases, we may have to think twice and also be more dynamic in the way we are trading.
But when we use various strategies in trading, of course it must be equipped with sufficient knowledge, or in other words we can master the strategy that we will use.

Because usually we will be a little confused when applying different strategies if we don't really understand them. I mean this is something that beginners must pay attention to, don't let them think all strategies are easy, when in fact it is not easy at all.

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Re: What type of trader are You
« Reply #111 on: December 07, 2024, 03:35:35 PM »


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Re: What type of trader are You
« Reply #112 on: December 07, 2024, 06:31:41 PM »
Well, a lot of investors tend to take break when the market is down and it's quite natural as nobody wants to lose money. However, when the market goes uptrend most of the investors return to the market.

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Re: What type of trader are You
« Reply #113 on: December 07, 2024, 10:52:23 PM »
I will say that am a dynamic kind of a trader, because i make use of different strategies as well as trading patterns, this is because i see opportunities coming from anywhere and i try to make myself positioned towards grabbing on it, trading is not what we have to apply a single approach for in some cases, we may have to think twice and also be more dynamic in the way we are trading.
But when we use various strategies in trading, of course it must be equipped with sufficient knowledge, or in other words we can master the strategy that we will use.

Because usually we will be a little confused when applying different strategies if we don't really understand them. I mean this is something that beginners must pay attention to, don't let them think all strategies are easy, when in fact it is not easy at all.
strategy in trading is not easy, we must do analysis and create the right strategy in order to get the profit according to our target. This all requires knowledge and experience that makes a trader must always practice in order to have good skills and also have good emotional management.
We can choose what trading suits us, of course adjusted to our ability in trading. If you have experience and the right strategy in futures trading, we can choose futures. or spot trading, this is also a good choice.

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Re: What type of trader are You
« Reply #114 on: December 07, 2024, 11:20:17 PM »
I will say that am a dynamic kind of a trader, because i make use of different strategies as well as trading patterns, this is because i see opportunities coming from anywhere and i try to make myself positioned towards grabbing on it, trading is not what we have to apply a single approach for in some cases, we may have to think twice and also be more dynamic in the way we are trading.
But when we use various strategies in trading, of course it must be equipped with sufficient knowledge, or in other words we can master the strategy that we will use.

Because usually we will be a little confused when applying different strategies if we don't really understand them. I mean this is something that beginners must pay attention to, don't let them think all strategies are easy, when in fact it is not easy at all.
strategy in trading is not easy, we must do analysis and create the right strategy in order to get the profit according to our target. This all requires knowledge and experience that makes a trader must always practice in order to have good skills and also have good emotional management.
We can choose what trading suits us, of course adjusted to our ability in trading. If you have experience and the right strategy in futures trading, we can choose futures. or spot trading, this is also a good choice.
Yes, Trading using a strategy requires time and it also requires patience because it involves learning and make changes to the market condition. If we select a trading method that is within our capacity, we can be conversant with this process. Futures or spot trading is one that can give good result when prepared well with strategies in advance. However, stable emotional management reinforces that we remain coherent from one moment to another and then the action taken is more oriented toward achieving the most desired objectives.

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Re: What type of trader are You
« Reply #115 on: December 08, 2024, 01:55:52 AM »
I will say that am a dynamic kind of a trader, because i make use of different strategies as well as trading patterns, this is because i see opportunities coming from anywhere and i try to make myself positioned towards grabbing on it, trading is not what we have to apply a single approach for in some cases, we may have to think twice and also be more dynamic in the way we are trading.

We must always trade carefully when trading, if we make a wrong decision while trading, it can be a big loss for us. So I think if we can understand the market before trading and then start trading, it can be much safer for us. Sometimes when the market conditions are very bad, it is good for us if we can refrain from trading, we will never take risks in trading, so our money will be safe.

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Re: What type of trader are You
« Reply #116 on: December 08, 2024, 01:49:09 PM »
But when we use various strategies in trading, of course it must be equipped with sufficient knowledge, or in other words we can master the strategy that we will use.

Because usually we will be a little confused when applying different strategies if we don't really understand them. I mean this is something that beginners must pay attention to, don't let them think all strategies are easy, when in fact it is not easy at all.
strategy in trading is not easy, we must do analysis and create the right strategy in order to get the profit according to our target. This all requires knowledge and experience that makes a trader must always practice in order to have good skills and also have good emotional management.
We can choose what trading suits us, of course adjusted to our ability in trading. If you have experience and the right strategy in futures trading, we can choose futures. or spot trading, this is also a good choice.
I suggest beginners go to the spot first before they can really dive into future trading. We can learn more while doing the spot, and it still produces.

Don't rush just because future trading can produce fast results, because it is also comparable to the risk we have to take. Usually many of them are in a hurry and want to make a quick profit, while they don't understand what they are doing.

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Re: What type of trader are You
« Reply #117 on: December 08, 2024, 03:14:39 PM »

I suggest beginners go to the spot first before they can really dive into future trading. We can learn more while doing the spot, and it still produces.

Don't rush just because future trading can produce fast results, because it is also comparable to the risk we have to take. Usually many of them are in a hurry and want to make a quick profit, while they don't understand what they are doing.
A New Bies must learn a lot and might be able to learn trading spots to have knowledge and experience in trading so they can try to learn trading with other methods such as futures and margin.
 Trading is not something that can be learned quickly but must have good skills and experience.

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Re: What type of trader are You
« Reply #118 on: December 08, 2024, 04:35:34 PM »

I suggest beginners go to the spot first before they can really dive into future trading. We can learn more while doing the spot, and it still produces.

Don't rush just because future trading can produce fast results, because it is also comparable to the risk we have to take. Usually many of them are in a hurry and want to make a quick profit, while they don't understand what they are doing.
Futures trading is very risky, if we do not have experience and knowledge there, we should not do futures trading because we will lose and many people experience defeat in futures trading because they do not have the skills and experience. I agree that we should learn spot trading, if we are still newbies.

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Re: What type of trader are You
« Reply #119 on: December 08, 2024, 09:45:00 PM »

I suggest beginners go to the spot first before they can really dive into future trading. We can learn more while doing the spot, and it still produces.

Don't rush just because future trading can produce fast results, because it is also comparable to the risk we have to take. Usually many of them are in a hurry and want to make a quick profit, while they don't understand what they are doing.
Futures trading is very risky, if we do not have experience and knowledge there, we should not do futures trading because we will lose and many people experience defeat in futures trading because they do not have the skills and experience. I agree that we should learn spot trading, if we are still newbies.

some seasoned traders even suggest not to pretend to be a day trader because this is a tiresome job that you have to wake up certain hours.

the actor who played Thanos named Josh Brolin is actually a trader which i learned a few days ago as he was interviewed. he still do trade but only when the price goes up but what he is doing is just hold for a long time like a swing trader. this guy has the capital to keep his futures account fat but he is not doing it.

seem like one of the guys in Hollywood who actually do the hard work of learning on his own to make money.

 

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