Post
Topic
Board Trading Discussion
Re: Good timing for short term
by
Ewinsane
on 15/11/2018, 10:16:17 UTC
No trading brother at this market condition. Better way is to go and start a small business backed by real world values rather than bitcoin.
Lol. Actually, that is the truth. At times like this, there is usually nothing much to trade, unless you have a lot of money to play around with and take advantage of the sideways market which in most cases, you really want to be very careful.

Also, when it comes to short term, I actually believe you should know what you are doing when it comes to trading actually as there is no way you can benefit from any term of the market, if you do not have a strategy. So either day trade, short term or long term, you want to make sure you know what you are doing, and you will know yourself without asking the time to be entering a market.

Timing is very critical in short-term trading, if you can enter the market at the right time then you can get some profit, but to be successful in this strategy you have to spend a lot of time watching charts and prices in front of your computer.
Well, there is no doubt that timing is important, but the thing you have to understand is that timing is something no one can know and the only way you will know when it is the right time to be entering the market, will absolutely be based on the strategy that you have, which if you have none, you are just busy gambling the market. Normally, to trade a market, you should always have what you are looking out for actually, as that is the way you will know when to enter, when to take profit and when to be stopping loss, no other two ways about it.