This bad habit will cost you a lot in trading

[legend45]

yes that's right, following the trend is very important for trading so that at this time everyone will follow it so that the price of the coin can go up because many people are buying. when someone trades against the trend, I think there is very little chance of making a profit and most likely will result in a loss.

Following the trend is the right step but we also have to understand the risks if suddenly the trend becomes a disaster, we will lose our money. It is better to do research first before following the trend. In trading, you need a thorough ride and analysis before deciding to trade, because the market is not always beautiful. Sometimes we also see things that are not in accordance with our work and targets.

[Crwth]

This is somewhat familiar with the part where you posted something similar to what I recently read. Anyway, I do agree. It will cost you if you go against the trend, but the fact that you need to know the trend is also problematic, meaning that it could go against what sometimes happens in the market. We need to be aware and ensure that we are consistent with what we do and have risk management so we lose a lot of money and have tolerance for the risks involved.

[|MINER|]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

One should trade by understanding the market situation. And to trade one should follow the trend because one should not go against the current.  Discretion should always be shown in the field of trading. If you trade by understanding the market conditions, the chances of success increase several times.  The better the market analyst, the better the trader. When the market conditions are bad, if one invests more money in trading, he will surely face loss.  I think the trend should not go against it.  When there is a trend then it is better to trade according to it. What is the need to take risk.  Trading is a very risky business so it should be done wisely.

[gunhell16]

As long as you see that you can get an opportunity to make money in trading, you will trade, especially if you know yourself and know how to correctly read a graph or chart that will raise or lower its price in the market due to the strategy you use here.

although we know that it is not that easy to understand the technical analysis that other trading experts do to get proper profit here in the crypto space.

[milewilda]

As long as you see that you can get an opportunity to make money in trading, you will trade, especially if you know yourself and know how to correctly read a graph or chart that will raise or lower its price in the market due to the strategy you use here.

although we know that it is not that easy to understand the technical analysis that other trading experts do to get proper profit here in the crypto space.

On the moment that you would really be touching up the trading space then it would really be just that normal that you would really be needing up to read up a chart and you should really know
on how to interpret those indicators and other tools on which you could really be able to see since you are the ones who would really be that making use of it.
Any bad habits or wrong actions would really be leading into disaster. It would really be that impossible that you wont really be able to determine on what are the things that you should gonna do.

[satpol_PP]

As long as you see that you can get an opportunity to make money in trading, you will trade, especially if you know yourself and know how to correctly read a graph or chart that will raise or lower its price in the market due to the strategy you use here.

although we know that it is not that easy to understand the technical analysis that other trading experts do to get proper profit here in the crypto space.

On the moment that you would really be touching up the trading space then it would really be just that normal that you would really be needing up to read up a chart and you should really know
on how to interpret those indicators and other tools on which you could really be able to see since you are the ones who would really be that making use of it.
Any bad habits or wrong actions would really be leading into disaster. It would really be that impossible that you wont really be able to determine on what are the things that y
ou should gonna do.

Reading charts is not easy, it takes experience and knowledge about it. Sometimes I also just rely on habits by always looking at daily volume. We must understand charts and indicators before we make an analysis in trading. This is not an easy process for newbies.

[alltalk]

following the trend is very important for trading so that at this time everyone will follow it so that the price of the coin can go up because many people are buying. when someone trades against the trend, I think there is very little chance of making a profit and most likely will result in a loss.

I think it is not clear. What traders should do to follow the trends? When people are buying, we are as traders must buy as well?
The chance of profits will depend on the possibility of market changes. Traders will decide what they need to do based on their own research.

Reading charts is not easy, it takes experience and knowledge about it. Sometimes I also just rely on habits by always looking at daily volume. We must understand charts and indicators before we make an analysis in trading. This is not an easy process for newbies.

It is a part of technical analysis. We need the skills and specific knowledge to read the charts. There are many indicators to be considered in reading the charts. Although it is not easy, I think it is something that people do in crypto. This is very helpful, especially for traders.

[Faisal2202]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

I completely agree with you because following the trend can make us money, while going against it can lead to losses. If you are not an expert and don't have a strong grasp of technical analysis, then following the trend is the best way to avoid losses and make some profit. However, we shouldn't make following the trend a habit because, while it isn't always a bad strategy, it isn't always good either.

We can only profit by going against the trend when we have strong trading skills. I usually trade with the trend, but sometimes, when I find

[doc]

Reading charts is not easy, it takes experience and knowledge about it. Sometimes I also just rely on habits by always looking at daily volume. We must understand charts and indicators before we make an analysis in trading. This is not an easy process for newbies.

It is a part of technical analysis. We need the skills and specific knowledge to read the charts. There are many indicators to be considered in reading the charts. Although it is not easy, I think it is something that people do in crypto. This is very helpful, especially for traders.

Learning technical analysis requires perseverance and focus by always observing market movements, it takes a long time to be able to quickly read signals and charts. So experience and knowledge are needed to become a professional trader, and of course it takes years to reach that level.

[Aanuoluwatofunmi]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

We have to consider the to in making trades because at the end of the day, the two would have been successfully achieved, we need to follow up with the market trends, carefully study and have the ability to perceived the direction in which the cryptocurrencies are goin, this will is have to do much about the particular season in consideration, we cant go against the trend in most cases if we are trading because many of the indicators would have tells more about the current trends which we can study and go for.

[JISAN]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Both our greed and emotions work when the market is volatile.  Then we think that if we invest at that time we will get profit very quickly but most of the time we lose due to investing without understanding the market movement. And we make such mistakes again and again. We can't avoid loss because we can't quit such bad habits. on the other hand, leverage trading is one of the worst addictions, it is almost like gambling which makes a trader addicted and has to face huge losses.  Yet we return there again and again

[BitMaxz]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

I tried that I am always against the counter-trend because I was looking for reversal patterns it's way more profitable but you need to know where or when the momentum will reverse so if you are successful in following the trend then for me it depends on execution and strategy. I know some traders only trade with short positions or only trade with long positions they have difference strategies to execute and it depends on the current market condition and price action.

So if you make a profit when following the trend then continue what you are doing and honestly, that is the basic strategy where you need to know the current trend and wait for FVG or Order Block to open a position. It's different from other strategy who looking for reversal profitability is way high on reversal compared to following the trend it is just based on my experienced.

[satpol_PP]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

I tried that I am always against the counter-trend because I was looking for reversal patterns it's way more profitable but you need to know where or when the momentum will reverse so if you are successful in following the trend then for me it depends on execution and strategy. I know some traders only trade with short positions or only trade with long positions they have difference strategies to execute and it depends on the current market condition and price action.

So if you make a profit when following the trend then continue what you are doing and honestly, that is the basic strategy where you need to know the current trend and wait for FVG or Order Block to open a position. It's different from other strategy who looking for reversal profitability is way high on reversal compared to following the trend it is just based on my experienced.

I don't have the same experience as you using a reversal strategy to make a profit, because so far I have only followed the trend and watched the daily volume movement of a coin to take advantage of the entry time and have to sell or exit the trade right.

[dekafee79]

I don't have the same experience as you using a reversal strategy to make a profit, because so far I have only followed the trend and watched the daily volume movement of a coin to take advantage of the entry time and have to sell or exit the trade right.

everyone has a strategy in running investment, hold or trading. Maybe the reversal strategy is good for some people but it does not necessarily suit us. We can use the method that suits us. I myself also trade with several methods, but not all of them suit me.

[Azharul]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

We know that trading is also best profitable in crypto market. Because we can earned best profit within a short time. But we also know that trend is also best benefited in cryptocurrency market. So i think that if we create our plan for trend, it also a best plan for the crypto currency markets. Because i believe that trend will create our best benefited, but if we couldn’t do it we will be make our loss. So we should remain trend is our best friend.