Hi all,
Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.
Trading signals are like gambling guides. They could turn out right or wrong. They could turn out helpful or not. The only way to know whether the signal is right or wrong is the result of your trades. If the next candle corresponded to your analysis then such analysis is right but when it did not then it was wrong. At the end of the day, the movements of the lines in the charts are basically unpredictable.