Quote from: BrewMaster on October 01, 2018, 04:36:08 PM

Quote from: btc_angela on October 01, 2018, 04:06:13 PM

Quote from: nicster551 on September 30, 2018, 10:59:50 AM

Quote from: A.H.Rassel on September 29, 2018, 05:28:11 PM

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss.

If you're a newbie in trading then stop-loss is a good leverage to say the least. However, I do hope that the OP knows that there are risk involved, high risk and no amount of TA can guarantee you success. Moving average is profitable if you know how it works but knowing how volatile this market is, really hard to say if you're going to get a good profit or not.

stop loss is not that good in general although it is pretty useful in some cases. when it comes to bitcoin things become that much worse because of the high volatility and when it comes to altcoins using something like stop loss is a lot riskier because of the manipulation (pump and dump) and the high volatility that it causes.

This is the negative advantage of putting up SL where it can really be triggered or hit anytime when the price tends to swing on higher percentage way more than on the SL you have set out.This is why I don't really put up those limitations unless if I'm willing to take risk but would still like a gamble when you use it here on crypto market but in forex or stocks it would be more suggested.
On the MA settings above on OP, these or might not work anytime on crypto but still thanks on sharing up where these basic stuff will help out some newbies but not really a reliable thing anytime.