Post
Topic
Board Economics
Re: WHY ITS SO POSITIVE THIS BEARMARKET.
by
KaliLinux
on 02/07/2022, 08:54:15 UTC
4-   CLEAN the trading boys, and for me this its one of the most important things.
And when i said this im not saying you cant trade, but i refered to the boys who want to make money in short times and takes with they the childish way of thinking and also all the tricks of the traders. One of the worst its the “stop loss”. Because that tool produces a cascade in the Price, clearly affecting us when we are holding.
You made some points which I personally understand, but some other points, I don't really understand, like the one I quoted above, Now let's break it down.
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CLEAN the trading boys, and for me this its one of the most important things.
OK......Am listening.
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And when i said this im not saying you cant trade
OK, then what are you saying?, make me understand cus am kind of lost here.
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but i refered to the boys who want to make money in short times
What is the essence of trading in the place? Is it not to make some quick money? And besides, there are professional traders, who trading is their job, it's through trading they earn money for livelihood, why do you want to take food out of their mouth?
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and takes with they the childish way of thinking and also all the tricks of the traders.
LOL, everything in this life requires you apply some kind of trick to succeed, right?, just like you don't buy Bitcoin or any other altcoin carelessly, you first strategize, analyze the market, do some research, monitor the price movements first, wait for a good entry point before finally buying(doing this also is a trick), so also it is with trading, just like you are investing to make profit, so also a trader is trading to make profit, just as you employ tricks in order to buy at the best price that will guarantee you profit in the future, so also a trader need to employ tricks to be able to profit from the market at that moment.
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One of the worst its the “stop loss”. Because that tool produces a cascade in the Price, clearly affecting us when we are holding.
It's a lie and a misconception on your path, stop loss is not the reason why asset prices fall.
For example, you set a stop loss at a lower price from what the market price is, if your stop loss is triggered, it means the price of the asset in question was already falling and it hit your stop loss on its way down.
Hey, I feel you and I really understand what you are saying. I understand too that many people always talk about HODL which I believe in and practice most of the time but we cannot really run out trading for those that know-how. Looking and the market even in this bear status, we cannot say people shouldn't trade because there have been some good opportunities for traders to have made good profits, and for those that know hao to, that's their thing to do.
Whether OP calls it tricks or what most others will refer to as strategies, it is required for you to be able to even call yourself a trader cos you need to understand the "TRICKS" of trading. I imagine a day that everyone that bought some crypto assets takes them off the exchanges to their private wallet and there is no single sell other in any exchange, as in no traders, what will that look like  Huh Just thinking out loud.