I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?
3. How about a hunch?
There are many trades which I have played based on the hunch and they went out very well.
TA and event news should be the base of everything but honestly if you keep seeing the trade patterns everyday without fail, you start to get a feeling that "today BTC will go down, up, stay as it is"etc etc.
Don't know what kind of trade this would be but for me it's hunch trading.
Who else has done this anytime?