HOW YOU COULD BE GOOD A TRADER FROM A SPECULATOR (PART ONE)

in cryptocurrency •  7 years ago 

Hey Steemians
Its midnight here ,
I am not a pro trader but I want to be a good trader . In my opinion good trader doesn't mean that you will take profit from your every trade . Good trader means those who can understand the market psychology. Its not a easy thing but definitely habitual fact.

When I learn something I am eagerly awaiting for sharing this with my business partners & friends .

Today my topic is trade or crypto currency trade .......

Last 1 month I do not sleep at night because I really wanted to understand the market . I wanted to know that is it rocket science or anything else .

And my thought is that what I will learn , I will share with you guys .

Basically am a crypto trader .

Last 1 month , I have earned more then 0.7 btc from trade .

My test has worked thats why selected this topic and will share my experiences one by one.

In trade its most important to understand the market physiology . Its never ever possible that you would be 100% right but if you understand the market psychology you could guess whats going on this market .

There is a saying in trade that every candle sticks say something that means if you want to understand the market psychology ,

you have to start from understanding the candles sticks .

Some prominent & really very important CANDLE STICKS are bellow .

I will try to explain these candle sticks one by one from my next article .

SPINNING TOP

MARUBOZU

DOZI

HAMMER

INVERTED HAMMER

SHOOTING STAR

BULLISH ENGULFING

BEARISH ENGULFING

MORNING STAR

EVENING STAR

3 BLACK CROWS

3 WHITE SOLDIERS

3 INSIDE UP

3 INSIDE DOWN

BULLISH KICKER

BEARISH KICKER

BULLISH HARAMI

BEARISH HARAMI

PIERCING PATTERN

DARK CLOUD PATTERN

Guys no more today , see you in next article .

STAY TUNE

STAY BLESSED

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Waiting for next episode bhai

Trading is not rocket science. From my experience i can say " trade" is a psychological execution. Graph is a emotional indicator . Volume is the largest indicator at any case . Crypto market is very immature for now . So its very lucrative too. Thanks for sharing your experience.

valuable comments , This Comments progress my Career
Thanks @doctordhaka

Congrats if you are one of the 10% earning money from trading! Wish you all the luck and strong hands!

It would be great if you could add, over time, images of a real trade situation to these formations, this would be a great assistance to other people.

Yes indeed . I will try to share my experience with this community people so that they can get some value from my article . Thanks dear for your notice .......
Next time definitely i will share my real time trading situation .

Looking forward to it. Happy Trading!

Important Topic for Traders, Thanks for discussing the importance of the issue.