Not sure if this belongs here or in Altcoin area. Can anyone drop some trading tips? I’ve been using expertoption for my trades. What indicators do you think work best?
TRADING ON EXPERT OPTION
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No body knows it all when it comes to trading the global market, so what you have to do is to put an effort in your own strength and under what works for you. There are different indicators to navigate the volatile market that is determined by demand and supply, so no perfect indicator for that and to ask for such will mean distraction for you. Choose what works for you.
You can read and start with https://www.babypips.com/
Expert option, you should define which of the expert options you are talking about, as you know, we have expert options in trading as a strategy and also expect options as a trading platform, indicate so that we can know the directions to channel the comment.
Since you ask what indicators we are using I should guess you are talking about a trading strategy, but trading cryptocurrency demands a lot of a volatile market, so for that, I prefer to swing trade crypto or trade the spot market.
You must have probably saw expert option advertisement online or something similar.
But if you did see the advertisement, what you saw there to me is honestly different from actual trading,
In trading you predict the next move of price, with the use of available tools or indicators. By predicting price you will know when to sale and buy a currency, stocks or asset there by making profits by buying or selling at the right time.
There are available tools or indicators used for analysing the chart of a pair to know it's prediction. But you will need to acquire good amount of knowledge in Oder for you to be able to predict the price accurately with the use of the provided tools and indicators your preferred trading app has for you.
Overall the goal in trading is to know the right time to buy or sale a currency or asset as a result making make some profits.
Exactly no one knows it all but we are meant to stick to what we know, it could be day trading or any trading of your choice but firstly it requires a proper knowledge on the subject matter. So in addition to what you've contributed he should get to understand trading prospects and understand the market as well so he'll know when to use the right indicators.
I'm talking about the expert options as a trading platform. I search different strategies but I think it still depends on my risk appetite.
You are still new to the forum but you are probably an experienced trader. I am assuming you are somewhere between an experienced and a novice. This means you are fairly experienced in trading. If so, allocate funds that you can afford to lose for trading. Short-term trading is a risky method and many consider this method to be gambling. If you really want to trade, avoid applying lump sum funds and gradually enter the trading platform. Having a target to determine the right time to buy will be a waste of time. The best decision will be to continue buying regardless of the rise and fall of the index.
DYOR
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