Trading by analysis or by instinct?

[bitterguy28]

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

[ajiz138]

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.

[SmartGold01]

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.

[taufik123]

-snip-
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.

[vegasus]

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.

[milewilda]

-snip-
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.

[taufik123]

-snip-
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.

[BitMaxz]

-snip-
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.

[LUCKMCFLY]

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.

[milewilda]

-snip-
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.

[DragonF]

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. 

[dave_strider]

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.

[VickkyAde]

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.

[LUCKMCFLY]

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.

[philipma1957]

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.