Quote from: mirakal on Today at 07:55:38 AM

Quote from: Ekanayake90 on November 24, 2024, 08:49:39 AM

What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?

As we all know, technical analysis is very important in trading—but that doesn’t mean it works all the time. Honestly, no strategy works in every situation. That’s why, as traders, we need to stay adaptable and ready to adjust to any situation. Let’s face the truth that trading is tough, and it’s unrealistic to expect consistent profits in a volatile market.

That’s why it’s so important to develop your own strategy instead of just copying others. Success as a trader isn’t just about the strategy you use; it’s about how you analyze trends and make decisions. It’s a game of self-control and critical thinking—two things that are difficult to master, especially if we are impatient.

So, OP, it’s better if you take the initiative to explore and learn what you need to know as our future lies in our hands, not from others.

It's wise to choose 2-3 big coins and analyze them and only them - at least at the start of your journey.
If you master them, you will be able to project your experience on the coins that are the same and you will see patterns repeating themselves.
Doing it responsibly and with the needed effort should bring you success.