Quote from: davis196 on February 23, 2019, 12:52:00 PM

Quote from: cryptotrader2015 on February 16, 2019, 02:18:33 PM

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 at your preferred percentage or profit. 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."

Then why people like Warren Buffet advice you to trade against the trends?
Trends are the best friend of all the unexperienced traders,who are just following it like sheep,while the best traders don't follow any trends.They follow their strategy.

When it comes to trader, I don't listen from the advise of the successful one because they can be wrong or not telling the truth.
They can make money in the market by trading and no one would tell the right strategy to be profitable when it will affect their profitability also.
Strategy is very important but it varies from time to time, you either go with th trend or fade it and that requires timing.