XForceGlobal

The Only Trading Strategy You Will Ever Need - How to Trade!

Education
BITSTAMP:BTCUSD   Bitcoin
Here is a clear representation of the X Force trading strategy that requires only one thing from every trader out there: discipline. Now, the most important question that new traders entering the market is, "when should I buy?"

If you look at Bitcoin, or even the NASDAQ, Dow Jones Industrial Average, you will note that all of these charts have one thing in common when looked on the monthly time frame: it's a never ending BULL market.

As a human, we all have emotions attached to the market which in return creates the whole market psychology of trading - this is why we as humans love trying to maximize what we have in our pockets by trying to trade the small swings from day to day. With that being said, we have simplified trading into the most simplified, easy strategy that even the most advanced traders can take note of this. The market cycle is simply divided into three phases:

1. Bull market - In the bull market, you want to of course be in a position if you are considering spot buying. We never recommend leveraged to a rookie trader.
2. Neutral (consolidation) - This is considered an accumulation phase where buyers and sellers will try to establish common grounds for price, most notably at previous resistance turned support.
3. Bear market - The most unruly of all and is emotionally factored in most, if not all trades. A bear trend is usually followed by a blowoff top after a bull market. A lot of external factors and catalysts such as a global recession or strong driven news will take into play for a bull market.

While Bitcoin is now about to retest certain levels of resistance, it's important that this may be a time to buy if you are a swing trader, and enter upon another breakout in preparation for a new bull market cycle. In the case of a failed break, this can just be another continuation of the consolidation phase we have mentioned and drawn above in our charts.

Trade Safe.

X Force.

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