Quote from: mrkfdr on September 01, 2024, 05:42:49 PM

Quote from: LossLeader on August 30, 2024, 09:45:04 AM

Hello, community!

I've been involved in crypto since the beginning, but in recent years, I decided to dive into trading. After spending six months studying all available materials on the subject, I realized that many of the traditional methods are either outdated or irrelevant to today’s markets. So, I embarked on my own research journey.

As an economist with experience in big data analytics, I started working with historical data, focusing on price action. After a year of research, I’ve gained a deeper understanding of market processes but also recognized the limits of my own skills.

I’m now looking for a talented Data Scientist or Data Analyst to join me on a voluntary basis. If you excel in data export, analysis, and visualization, and are ready to invest some time in this research, please send me a message.

Discussions are also welcome! Wink

Been in Crypto trading for the fifth year now and i came to similar conclusions to your's during my journey.
Traditional regulated market and the bitcoin market are different animals. one can be a Bear/Bull market while the BTC market is a Kangaroo market, my POV. For traders who come from the traditional market is hard to accept a Kangaroo.
As a software eng, and tech lead i build and analyse data for living. My background is not economics a so a fresh approach might be interesting.
but as i see it
Trading is all about risk management of losses and not about how many profitable trades one has.

I completely agree with you. The crypto market has essentially become a testing ground for various trading strategies and, unfortunately, a breeding ground for scams. There's no real market when the entire supply is controlled by a single entity, when price fluctuations are manipulated to attract newcomers, and when machines are used to trade against individual investors. They spread misconceptions about the "market," but what they're really doing is playing a different game entirely.

Having been involved in the oil market and experienced trading floors firsthand, I understand what real traders do. They are essentially sales managers, either selling from global markets or directly from suppliers to local markets. However, what so-called "traders" in the crypto space are doing is simply betting on price differences—this is nothing like real trading.

In the crypto market, the primary product is price fluctuation, and the participants are focused on monetizing it. Therefore, the logical focus should be on understanding how price changes occur, not on fundamentals, supply and demand, order blocks, imbalances, Bollinger Bands, or other abstract concepts, nor on speeches or tweets from figures like Powell or others. The key is to study how price changes.