I used to get really annoyed by slow markets. No price swings, no trading opportunities, just a whole lot of nothing. I would jump into trades just to feel like I was doing something. But then it hit me: these calm periods are actually great for honing my skills. They’re not a punishment for not doing much, but a chance to practice patience.
Now, I take advantage of these lulls to fine-tune my entry points, analyze my past mistakes, and strengthen my discipline. Even if profits are on hold, I’m still making progress.
Those quiet times get you ready for the action. So, do you just hang on during slow markets or do you make the most of them to level up?
Getting Comfortable with Slow Markets
19 replies 252 views
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#2Sep 1, 2022, 10:49 PM
It depends on what type of trader that you are, some people have an order to buy bitcoin if the price fall to a certain price, some people will see bitcoin dropped very well and just enter the market instead but be careful of bitcoin price falling more.
Regardless of which trader are you, it is better to be patient and not use high leverage. You can trade in the way that work for you, but know that another trader strategy might be totally different from your strategy.
Well for me its fine I'm not a day trader but I have some positions for some coins or tokens I wanted to move. This time is also an opportunity too to some who wishes to find a good entry. Ofcourse traders don't like the stillness of the market since they live with volatility but this kind of calmness are gift to others prefer utility like staking and steady apy% and others.
bridge_atlasFull Member
Posts: 259 · Reputation: 692
#4Sep 2, 2022, 03:44 AM
Depending on your trading strategy, slow markets or sideways market work quite well for some scalp traders. All they do is adjust the leverage and position sizes, but the trades are carried out in short time frames.
My biggest problem with scalp trading is the amount of fees one will send opening and closing positions after many traders per day.
How about both? so while enduring it, it's also being used for us to improve our patience. This is what the others don't see when these storms have come. They think that they'll have to endure everything but if they are wise, they'll also learn from these when they come. The slow down that we happen to see isn't looking good for them but for the experienced ones, this is a usual day that have to endure and wait again til the storm calms down and the dust settles.
Gig4L3dgerMember
Posts: 48 · Reputation: 187
#6Sep 2, 2022, 08:31 AM
A market like this is perfect for accumulation more tokens since most tokens especially Bitcoin drop a significant amount from its previous high.
A sideways is a time for breathing room for bulls and bears. I use it as way to accumulate more tokens and sometimes placed a grid trading using a bot to get profit since the price is moving within a range price that easier to predict compared to a volatile market.
You can always adjust your trades on different market situations.
This is a very good post, and as little as it is, it is very educational and helpful
I have been in such situations where market is slow and I will want to force out trades, but they don't always end up well, and this thought me a lesson to be calm and I also made me understand that a lot of things that happens in the market are just noise and not real movements.
patience is a very important tool for trading, As a trader waiting is part of profits because it eliminates potential losses that will be profits later.
if you think market is not fast enough, blowing of account is faster, two options left for traders to choose wisely.
Slow market is good for traders to embrace not to trade at loss, the reason people want to become a trader just to be earning income like other traders in the market, you have to be patience with any kind of low price you will come across in the market because any decision you make is a risk which it may favour you or not, there is no how you will not encounter slow market but the best way to overcome the slow market is to be patience because it will not remain like that forever, I wish some new traders will take this advice from me, it will be difficult for them to trade in the low price.
Based on how you describe yourself, it seems like you're a swing trader and that's fine. Swing traders believe that having 1 trade a week as long as it's an A+ setup is better than having 10+ trades per week, but the risk is high, and it's more like a forced trade.
Sometimes, the best reward that you can have is to not trade at all. I mean don't get me wrong because we all know that we need to enter positions to make money, but how can you enter a position if you can't find one? Force to have one? No because it will just cause you losses. If you can't find any setup for the day, just don't trade at all. Not entering a trade tests your patience as well because most of us have been wired that in order to make money, we need to do something. In trading, sometimes not doing anything is the better option than forcing one trade. Not trading is better than forcing one trade and losing in the end.
I'm trying to endure quiet market, but we are in the crypto space where there are lots of altcoins to be traded, and for me, there's always a setup around there especially if you're a scalper.
There's no such thing as quiet market in perpetual market. There's always 100x leverage for it .
When market consolidates I only try to find an entry and try to speculate on what direction the market will move and thats it.
My futures account though on the other hand, still as fire as the other day .
Your new approach is like the best, trying so hard to force a trade ahs and will never leady to a productive day, a productive day does not necessarily have to be one in which you made tons of profits, a productive day can be one in which you probably did not trade but you learnt something new, maybe you got to catch up on a new concept and strategy, you got to understand something better by staying still and observing the charts even more closely than you had done before then, and a whole other lot of thing you can do to better yourself and make the day productive than hoping on the charts to force opportunities that are not there at the moment.
I do tell my friends and those who cares to ask me of trading tips, you must not trade everyday, you cannot catch up on every opportunities, you cannot always win, loosing is part of the game and not trading some times does to means you are not doing great. i say this because some traders are pushed into believing they have to be actively trading daily regardless of the situation of the market in other for them to feel productive enough and believe they are on the right path and not just wasting away. At a time in trading when precision begins to matter to you, you will learn to be even more patient and sometimes not trade for days while waiting for the precise set up. The silent times for me are times to back test, review and then restrategies as the need be. Growth make Profits even more valuable than just dabbling into it.
Trying to see how this could be a very good thing for us on the long term, that is how you build yourself on silent periods. If you rush, then you failed, that is why trading is not for everyone and investing is not for everyone neither.
You have to take these silent periods where it does nothing and use that to learn more and study more. That way, you are "doing" something which is learning and studying but you are not trading but you are keeping yourself busy. That is the most important thing right? You are bored and you want moves, well study it and use a demo account to test what you studied and that way you will not lose any money at all during slow periods when you are bored. That is how I did it, and I suggest it to others.
shard_minerSenior Member
Posts: 359 · Reputation: 1322
#13Sep 4, 2022, 11:03 PM
I wonder why I haven't seen a quote by anyone here saying, 'slow and steady always wins the race,' because this is just what this is and we should call it as it is.
A slow trader is the fastest to make biggest profit and it could be guaranteed for longer despite any other investment aside.
What matters most in trading success is skills, intuition, patience, proper risk management application sense.
The slow market help a trader sharpen their focus and know when to enter the market and also when to leave and that is how mastery is built over time.
yield_hawkSenior Member
Posts: 197 · Reputation: 1334
#14Sep 5, 2022, 12:44 AM
If you are into trading then perhaps you don't have a choice but to endure the quiet market, accept it and then strategize as to what you are going to do in this kind of market. Sort of like just bringing out the positive things out of everything.
Sure you can go and procrastinate in the bear market and says that you are not making enough money and so you will have to stop. But there are a lot of resilient traders who uses this calmness to train themselves in the long run and sharpen their skills and to prepare themselves.
It's hard to notice the slow market movements when it comes to crypto because the prices were never stagnant, except with ETH if I am not wrong. Bitcoin is always volatile even if it sticks in the range of 101K and 103K still there is around 2% volatility that one can use it to make money or they can simply chose to be silent and wait for the further swings so it all depends on what kind of trading strategy we got and how much profit margin we expect from that trade.
viper_blockSenior Member
Posts: 205 · Reputation: 1216
#16Sep 5, 2022, 10:16 AM
No need to frustrate with the market. It will be back to normal so you can continue to make a profit. This time Bitcoin meets a hard situation where the price is up and down many times and we don't know how long this will last. But you don't have to worry and stay calm so you can still analyze while checking the market and search for the entry and exit way. We need to calm down and enjoy this roller coaster but no need to panic. Besides that, we can still continue accumulating Bitcoin at a low price.
To be honest, I still find it difficult to be a scalper, which is why I've decided it's better for me to be a trader using the sideways strategy for now. The profit may not be huge right now, but the important thing is that earnings are being generated every week.
"I don't aspire to accumulate huge profits from trading, because it's also difficult to be greedy as a trader, and we have already seen what usually happens to greedy traders.
If you are a low time frame trader for sure you will enjoy the swings of the market but if you are into a higher time frame such as 4 hours and above for sure you will not take too much about the market movement, we currently are building a sideways so trading with this current state is not fun at all instead we will wait for a confirmation if the traders will go for another market resistance attempt or going for another down fall of the market, it seems we are waiting for the opening of the market this coming week to decide.
A trader is suppose to avoid quiet market. Although some traders may go in if they have clear signal or if it is there best time to trade. But general, it is suppose to be the time to allow your head to cool down while the market goes through that ranging process until it comes out of it and gives you a clear signal on the direction to follow.
You don't use stillness, quiet market or ranging market to improve. You can do that with practice account not real account because if you reduce your risk and enter with a small risk in the name of improving, if eventually you lose the trade, it will still be deducted from your balance. So practice account is meant for such.
mr_satoshiSenior Member
Posts: 305 · Reputation: 1629
#20Sep 7, 2022, 08:03 AM
Just as you have mentioned, slow markets test your patience and help you to become more grounded in it. Traders who are not patient and even those always seeking positions to enter into are often caught up and taught a lesson from the losses they can make in times like this.
When you hear some successful traders mention to you that they do not trade all the time, this is an example of one such time where they do not trade because of experience. Trying to trade during this time is like you are forcing a market move, and the market doesn't care about you, your feelings, or your expectations.
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