Post
Topic
Board Trading Discussion
Re: TREND is our Friend
by
playboy654
on 18/02/2019, 18:03:37 UTC
Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
I see there is something will be developed and being and Trend in each and every year of cryptocurrency field and it also been an important things to develop and take the cryptocurrency to all over the world so trending is more important for anything special in cryptocurrency it will most useful.