What Slows You Down After Getting a Trade Signal?

19 replies 257 views
cryptobitMember
Posts: 10 · Reputation: 76
#1Sep 9, 2018, 12:22 PM
Hey guys, We all rely on stuff like MACD, RSI, Bollinger Bands, and others to spot trades. But honestly, the real struggle usually hits right after a signal pops up. What stops you from jumping into the trade as fast and smoothly as you want? Is it the trading platforms, network issues, or maybe mental blocks? Vote above! Why it’s important: I run a service that aims to tackle the "execution gap." The idea is simple: a trade signal is pretty much useless if you can’t act on it quickly. I even put together a guide using the Flash TRIX indicator to show how crucial quick execution is, which a lot of people tend to overlook in their trading strategies. You can read more about it here: https://www.cryptoflash2.com/2025/12/28/trix-flash-guid/ I’m curious to hear what you all think and your experiences in the comments!
5 Reply Quote Share
degen_satoshiFull Member
Posts: 88 · Reputation: 441
#2Sep 9, 2018, 05:09 PM
Harry potters very own trading tool? The whole flasher here and there looks like confusion to me, can this work on tradingview? Also the idea of having it's own wallet doesn't sit right with me, I use tradingview and I can get into trading very quickly, it's not one of the problems we are facing in this space right now, security is. Since this is a demo type trading tool it is likely going to be useful for people who want it, is the demo trading based on real time trading bit with demo if you understand what I mean? Because I don't see reasons to learn how to trade using demo accounts or software that are not based on real time trading. Well done.
2 Reply Quote Share
just_sageFull Member
Posts: 138 · Reputation: 552
#3Sep 11, 2018, 06:03 AM
When my trading pattern prints in the chart, my biggest challenge is pulling the trigger due to doubt that where I'm seeing as support and resistance  will not hold the price. As soon as this thought fill my hard, and I'll eventually enter too early or very late. I have worked on this psychological issue and I'm making serious improvements. It may appear like a simple problem but when you deposit real money and start trading, then you will know how tough it is to be a trader.
3 Reply Quote Share
maxi_hawkFull Member
Posts: 104 · Reputation: 660
#4Sep 11, 2018, 10:28 AM
I am not much a trader but there were quite a lot I needed to deal with before I eventually gave up on trading. Fear, doubt and lack of confidence can be a very big challenge to a trader but people tend to ignore this obvious cause of most trading losses and focus on facts that may not be really neccessary. Many think that trading losses come from poor network, bad signals or wrong indicators,  but the truth is that wrong decisions from emotional pressure is what is secretly dealing with traders and making them miss opportunities.
0 Reply Quote Share
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#5Sep 11, 2018, 04:13 PM
Traders often than not give room to a lot of personal analysis and emotional involvements, all that is built up from previous experiences on trades, and signals, this doesn't have anything to do with signal indicator or personal trading thoughts, cryptocurrency trading have a lot of influence which effects on how traders take opportunities.
5 Reply Quote Share
laser420Full Member
Posts: 67 · Reputation: 296
#6Sep 14, 2018, 02:07 AM
It's tough to be a trader for real and no shame confirming that. To be honest sometimes the charts pattern as shown can be a fake out with the candlesticks and while you're not patient to wait for confirmation of how strong the support or resistance you're looking at is, you can just jump in quickly and the market would go in the opposite from what you previously saw. I think becoming a better trader first has to do with understanding the market psychology, exercising patience and trying not to trade against market trend.
5 Reply Quote Share
Posts: 29 · Reputation: 207
#7Sep 14, 2018, 05:32 AM
Well, we all experience this at certain moments. Sometimes we feel uncertain about the trading signals we receive or something similar. Or even sometimes we feel uncertain about the analysis we have done, which is actually quite good. I have been there too. So I prefer to wait for a pattern to form and see if there is confirmation between resistance and support—whether it is broken or not, whether there is a reversal signal or not. That way, we can enter our positions with more confidence. Although there are still occasional failures, the ratio becomes smaller, and there are more opportunities for success. However, everyone has their own strategies and methods. So sometimes we can't understand how others analyze the market, and others may not understand how we approach the market either.
1 Reply Quote Share
laser420Full Member
Posts: 67 · Reputation: 296
#8Sep 14, 2018, 06:19 AM
I would recommend that as a trader trading with chart patterns we are are good at recognising can be helpful in mitigating  losing that could have being incurred out of blindly entering a position in the market. I mostly trade with chart patterns like inverted head and shoulders, double top and  double bottom. Always making sure that the "neck" of the pattern is strongly retested which would inform my next action into taking a position. Although i wouldn't say it works perfectly all the time but it's help me in making profitable trades with lesser losses.
1 Reply Quote Share
mr_satoshiSenior Member
Posts: 305 · Reputation: 1629
#9Sep 14, 2018, 11:08 AM
It is psychology for me; the hesitation comes from second-guessing and wanting to be sure that your final trading decision is not mixed with emotions. I don't dislike the hesitation, though, because although I have missed some good entries on some trades, it has also helped me avoid some losses from some poor trading decisions. I think it is important for a trader to know how to remain calm and not be in a hurry in making some trading decisions.
3 Reply Quote Share
maxi2011Member
Posts: 34 · Reputation: 203
#10Sep 14, 2018, 03:53 PM
No idea about any of those advertisement/marketing shilling on the options, that is not something I am aware of. But to answer the question, I can easily say that the best thing that I am getting so used to is the fact that I do not have bottlenecks. If I find something, it is usually not some arbitrage that will go away in 10 seconds, it is something that is there to stay and not leave quickly, sometimes as long as a full day. This is why I do not have to worry about any of this, they are looking quite good to me and I am fine with them.
3 Reply Quote Share
mike.chadSenior Member
Posts: 287 · Reputation: 960
#11Sep 14, 2018, 07:07 PM
You are right, support and resistance are key areas to trade or exit as the case may be. However, the challenge about it is that they appear different to different traders. What I mean is for trader A, he may have different support and resistance from trader B or C. Therefore, every trader has different levels of it but the most important thing is to test your support and resistance whether they are holding for you and if they are then you don't have a problem. I don't consider swap speed to be critical. You don't have to be in a haste to rush in because there is a reduced swap rate, what is important is getting the real profitable trade. Wait for it until you get it right because brokers or exchanges will surely get their swap whenever you enter the trade.
4 Reply Quote Share
shard_minerSenior Member
Posts: 359 · Reputation: 1322
#12Sep 14, 2018, 10:50 PM
One of the biggest bottleneck a trader can encounter having after received any trading signal is often the latency in execution of the trade. ‎So many thoughts may come up including calculations that cause FOMO and emotional stress. ‎When traders learn to be swift in execution of their trades not minding how the market may later turn out to be, it will be left for the network to be swift in delivery before changes come to affect the current market state before execution of the trade or application of a swap protocol is observed or with just a click on 'buy'. ‎
4 Reply Quote Share
coldaltFull Member
Posts: 161 · Reputation: 778
#13Sep 15, 2018, 04:23 AM
Well, that's fallacious because it's hasty generalization. Not everyone uses those. I don't because they're lagging indicators. For me, I find it difficult going with someone else's coordinates if they don't align with mine; no matter how they seem good to flow with. Fear defeats even before the real battle begins. Conquer your fear by reducing your leverage or lotsize. That's the easiest way to conquer fear, except you're of the opinion that you mustn't suffer loss at all. Loss is a major part of trading just as profit making is too. There's no profitable trader who doesn't have their loss sheet. Once you get this paradigm shift, you're good to go. Actually, it's the hardest part of trading – control of emotions.
1 Reply Quote Share
jake_gweiSenior Member
Posts: 346 · Reputation: 1359
#14Sep 15, 2018, 07:05 AM
Do people really see signal and then execute it without doing thorough research? I have quite good experience finding signal and most of them need second analysis to make sure it's worth executing, the market also didn't react on this signal so the execution gap isn't actually exist. The only hurdle in getting a trade signal differentiating between the good ones and the bad ones and trust me the bad one dominates the number. Around 90% signal you got from some random group are just trap signal that could make you lose your money.
0 Reply Quote Share
gang_2018Member
Posts: 20 · Reputation: 168
#15Sep 15, 2018, 08:54 AM
Yes, it is really difficult to become a good trader or an experienced trader. But they do trade, they have some experience about Trade. And besides that if you follow trade signals or get signals from experienced people.Then you don't have to deal with these problems. And you can get profit by trading very easily but you should remember that the signal will not always work. So it is best to trade from your own experience. In this way you will gain experience in analyzing the situation in the market.
1 Reply Quote Share
laser420Full Member
Posts: 67 · Reputation: 296
#16Sep 15, 2018, 12:18 PM
I'll rather hook on my own knowledge and experience than trusting on trading with signals from wherever sources because you would be astonished how you can grow your trading skills in the long run and be in more profits than you would be following others trading signals. Because you can attest that this signals aren't for free. And so imagine after paying for signal, you lost the trade. That means you had double losses.
4 Reply Quote Share
kevinorbitFull Member
Posts: 92 · Reputation: 508
#17Sep 17, 2018, 12:10 AM
The only obstacle that often prevents me from opening a position is when one of the indicators I use does not show the same indication as several other indicators I use, for example when the EMA has crossed but it turns out the trend is not yet in the resistance or support zone, well that's where I usually fail to open a position because I'm afraid the trend will continue, besides that sometimes weak mentality and self-confidence can also hinder me.
0 Reply Quote Share
mr_gweiMember
Posts: 29 · Reputation: 229
#18Sep 17, 2018, 03:07 AM
Trading comes with a lot of emotional pressure, which if care is not taken, it will affect their mental health and their decision as well, making them to easily give up on trading due to their inability of controlling their emotions, which makes their trading to be a tough one for them but if they are able to be in charge of their emotions, they can achieve their success, because they have the key to their success, which can help them to be able to navigate any obstacles that comes their way.
1 Reply Quote Share
diamond365Full Member
Posts: 136 · Reputation: 744
#19Sep 17, 2018, 08:35 AM
If people started trading in wrong ways like using all money for trading or borrowing money for trading, they triggered their very emotional practice. With pressure of getting profit from trading for their loan repayment or spending fund, they laid very risky foundation for their trading actions. That only brings them toward a more possible failed trading practice as they will not be able to stay outside the market and have pressure of be active traders in the market even when the market conditions are not good and safe for opening trading positions. They in general will have to use Stop loss order or Stop limit order that can help them avoiding big loss. It's not hard to use such trading order type but some traders still don't use these orders before they got big loss and realize that they can avoid big loss by using these orders.
2 Reply Quote Share
vault_2009Full Member
Posts: 198 · Reputation: 739
#20Sep 17, 2018, 11:46 PM
Sometimes lack of volume and also I have faced network issues on executing my orders. Jumping in price level is a common thing in trading which occurs due to large volume which is triggered by a news. Other than news, sometimes when more traders are making use of same set of signal, price jump do happens but we cannot identify and conclude that all traders are into same kind of TA. Secondly, network hiccups were common thing with slower internet connections but in current times, with 5G and fibre optics, those were no more a thing. You sound like that you are not confident on your signal. You can easily get rid off your fear or confusion by trading in paper and seeing the results. Or you may trade in least capital and if you start seeing profits, you can trade with confidence without delays.
4 Reply Quote Share

Related topics