Be comfortable with your strategy! - page 2.

AicecreaME

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Quote from: blackened515 on March 24, 2022, 06:11:25 PM

I don't know why most traders probably thinks having many strategies will result to them making nice profits from daily trading. However, I have come to realized that it's not necessary having too many strategies. You just have to build a strategy which work for you and stick to it. Although, that doesn't guarantee that you won't lose. But, having a good strategy will minimize lost. Also, avoid been too emotional, as a trader, you must learn how to control your feelings.

I agree.

Having only few strategies make things easier, because you won't be confused on what to use next after you lose a trade. Trading is a very risky and confusing way of making money, but always worth the risk. Using too many strategies after losing a trade is a waste of time, in my opinion, because losing just one trade doesn't really mean that your strategy is not working, losing in trading is just normal.

CapGelatik

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Quote from: skarais on March 24, 2022, 10:59:44 PM

Quote from: dunfida on March 24, 2022, 02:33:32 PM

Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.

Sure mate, today's profit is nothing to regret tomorrow when prices go up and we don't have to think too much about it. This is an unthinkable consequence today because decisions are made consciously.

In fact we will never know what will happen next because of the continuous price volatility. Finally I think we all have different targets in investing and of course we have to be comfortable with that strategy.

That's true and regretting it with what has happened will only make us continue to be annoyed,
indeed when we have made a decision whether we like it or not we have to be the consequence or be responsible,
Everyone's target is definitely different, so is everyone's strategy

skarais

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Quote from: dunfida on March 24, 2022, 02:33:32 PM

Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.

Sure mate, today's profit is nothing to regret tomorrow when prices go up and we don't have to think too much about it. This is an unthinkable consequence today because decisions are made consciously.

In fact we will never know what will happen next because of the continuous price volatility. Finally I think we all have different targets in investing and of course we have to be comfortable with that strategy.

blackened515

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I don't know why most traders probably thinks having many strategies will result to them making nice profits from daily trading. However, I have come to realized that it's not necessary having too many strategies. You just have to build a strategy which work for you and stick to it. Although, that doesn't guarantee that you won't lose. But, having a good strategy will minimize lost. Also, avoid been too emotional, as a trader, you must learn how to control your feelings.

JunkieMiner

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I think that as a certain stage strategy can help you in trading but the luck also depends in most of the time, because we can't say anything about trading that what will be done in the future and which coin can be easily going on our own thoughts, so it would rather consider the strategy most of the time in order to get experienced in trading. The perfect the strategy of trading, the less will be the loss I think.

dunfida

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Quote from: skarais on March 24, 2022, 01:16:55 PM

Quote from: Pamadar on March 24, 2022, 01:09:07 PM

And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.

The most difficult thing in investing is how to convince yourself not to sell anything when the increase has reached 50% of the capital. For me the 50% increase is a good time to secure profits if the profit target is in the short term, but the hesitation will be greater when in the long term the increase has exceeded 100% of the capital.

It is true that greed should be avoided from trading and investing, but when we have bigger targets in the long term then expecting 5x - 10x profit is reasonable and I think it's not greed.

Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.

skarais

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Quote from: Pamadar on March 24, 2022, 01:09:07 PM

And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.

The most difficult thing in investing is how to convince yourself not to sell anything when the increase has reached 50% of the capital. For me the 50% increase is a good time to secure profits if the profit target is in the short term, but the hesitation will be greater when in the long term the increase has exceeded 100% of the capital.

It is true that greed should be avoided from trading and investing, but when we have bigger targets in the long term then expecting 5x - 10x profit is reasonable and I think it's not greed.

Pamadar

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Quote from: ?? on ??

The most important thing when we trade is always learning and keeps knowing new things with techniques and strategies, when we have found a suitable technique so the next thing is always optimistic that when trading will be profit, before trading then the first thing is to determine the profit target Want to achieve, if the target has been reached, then immediately take action and never greedy to continue hold.

I value your statement and there's no doubt that the main thing is to keep learning techniques that will help you achieved your goals.

Trading is more on fundamentals that traders itself can generate a good strategy to work
inside the market, there's no accurate but more in anticipations.

If you have a working one, it's best not just to stick your knowledge but to try to keep
aiming for the best result.

And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.

Sebas.tian

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Quote

The most important thing when we trade is always learning and keeps knowing new things with techniques and strategies, when we have found a suitable technique so the next thing is always optimistic that when trading will be profit, before trading then the first thing is to determine the profit target Want to achieve, if the target has been reached, then immediately take action and never greedy to continue hold.

Applying the techniques and strategies you have acquired from the community, it will help you to embrace more profit from the market. Now that the price of coins has increased higher few minutes ago,it will be favourable to start trading your coins to be part of those traders that will achieve good profit from their market. We are almost out from bear market because bitcoin price has started pumping which other coins will start pumping too for investors to start making profits from their long term investment. Don't miss this opportunity that is about to happen in crypto market for investors to earn well from their investment in the community.

TheGreatPython

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Quote from: sulendra12 on March 23, 2022, 01:44:51 PM

other people strategies could not fit your style and may not work for you, same for the others. Once you have tried different strategies from different sources and try to choose which one suits the best for you and stick to it for long time, maybe you will get something from it. Different strategies could require you to thinking different stuff and you might not the best one for that.

Yeah, most people are failing because they are always looking at the strategies that other people are using, not knowing that same thing that is working for someone else in the market might not work for you if you should apply the same strategy. So, it is always good to make sure that we learn our own strategy and work on it to the extent that we become experts in it and be able to apply that strategy in every situation and make it work for us.

Although for some people before they would be able to get a really good strategy that works for them, they would have to try out as much as possible and look into most of the strategies that are available to be able to make their decision on which one works perfectly for them.

stomachgrowls

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Quote from: Vaculin on March 23, 2022, 12:34:17 PM

Quote from: blockman on February 23, 2022, 12:19:13 PM

In any strategy where you're making money and becoming stable, you should grow there and stay. It's true that not all strategy works for everybody. Strategy for those who are solid in TA won't work for those who do FA. It's always the other way around and whichever makes you better and you're improving there, you should accomplish it until you find yourself no longer effective with that strategy. Whilst for the rest that are not really into trading, HODL is the best strategy and the most comfortable to do.

Having a lot of trading strategies to use do not guarantee success. In fact, even a single strategy or two will already make you successful as long as you have mastered them through your experiences in trading. However, mastery is not enough. Strategies should also suit yourself. As long as you feel comfortable every time you use it, it will also add more chances to make your trades succeed. But strategies do not last long. The market is in a constant change, strategies too need to be more upgraded or change it when you think its not working anymore.

Versatility would be the key on which you could really make yourself adjust on particular situations or conditions on which you could really change your strategy basing up on the current condition you

are facing which is truly a behavior of a trader which do really able to handle up situations specially on trading.It might not be simply but it should really be done if you do like to sustain this market.

You should trust your strategy even though dont expect 100% for it to be precise and profitable because market is unpredictable and total random.

sulendra12

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True, other people strategies could not fit your style and may not work for you, same for the others. Once you have tried different strategies from different sources and try to choose which one suits the best for you and stick to it for long time, maybe you will get something from it. Different strategies could require you to thinking different stuff and you might not the best one for that.

Quote from: ?? on ??

The strategy that we use in trading is of course a strategy that is comfortable and also profitable so that we can do it well.

No one ones to lose with their strategies mate.

Vaculin

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Winding down.

Quote from: blockman on February 23, 2022, 12:19:13 PM

In any strategy where you're making money and becoming stable, you should grow there and stay. It's true that not all strategy works for everybody. Strategy for those who are solid in TA won't work for those who do FA. It's always the other way around and whichever makes you better and you're improving there, you should accomplish it until you find yourself no longer effective with that strategy. Whilst for the rest that are not really into trading, HODL is the best strategy and the most comfortable to do.

Having a lot of trading strategies to use do not guarantee success. In fact, even a single strategy or two will already make you successful as long as you have mastered them through your experiences in trading. However, mastery is not enough. Strategies should also suit yourself. As long as you feel comfortable every time you use it, it will also add more chances to make your trades succeed. But strategies do not last long. The market is in a constant change, strategies too need to be more upgraded or change it when you think its not working anymore.

Benefactor

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To that end we don't begrudge others for finding true success in their exchanging transporter as we as a whole have an alternate excursion throughout everyday life, perhaps this isn't so much for us. It would have taken a long-term for you to have done that since it includes a ton of training and that is tedious however just energy will give you the strength. This is excellent for you to have found what is working for your exchange.

panukurap

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True, I agree with you. The right strategy is necessary especially by looking at current market conditions, but you also have to think about whether the strategy is comfortable or easy for you to implement. It's useless if you choose a strategy that is right on target with the market, but in in the middle of the road you have your own difficulties such as confusion and others. Therefore, be careful in making decisions, you are indeed required to determine things quickly and precisely in cryptocurrencies but still have to be done carefully.

tygeade

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Quote from: darewaller on March 21, 2022, 11:26:35 AM

It's not that people do not care about their money. The thing is that most of these investors don’t really know much about how to invest in the market or what coin to choose. So, sometimes they really just go straight and invest in any kind that they feel is good.

But, as they continue to have more experience in the market it widens their knowledge and they also get to know the things that they are meant to do and what they are not meant to do. The losses that they might encounter due to their wrong decisions is part of the experience that they would have. it is what makes them better, but it comes with the cost of losing their money in the market.

That "gut feeling" investors are dime a dozen everywhere. They do not make proper research, they do not know how to trade, no idea about indicators, can't read a chart and all they do is buy something because of a gut feeling or they just saw something that made sense to them. In the end, they end up with a loss most of the time unless we are in a huge hyped bull run, and they never really learn how to change that.

If you want to be a trader, you just have to accept the fact that you need to learn all of these things and use them to make a profit. If you do not learn and use them then you can't make a profit neither and will lose money.

dunfida

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Quote from: Pamadar on March 21, 2022, 02:29:41 PM

Quote from: Falconer on March 21, 2022, 10:50:26 AM

Quote from: Pamadar on March 21, 2022, 05:50:59 AM

Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.

Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.

And that's what I'm pointing as well. We might read or watch experienced traders to succeed using his own strategy,

But once we tried using it from our trading we suffer from failure, even we imitate and completely
follow all the patterns, the outcome is not the same.

We should learn and keep learning, just like what you have said, personal experienced is the best guide for your
future success from this line of business.

Dont imitate or trying out to copy a certain trader 100% because if he's that profitable and you do tend to copy on every step that he would make then you cant guarantee success because of some factors

but somehow you could snip out some knowledge and some steps which might be helpful on your own analysis and this is what im doing.Dont mimic or imitate and would be better if you do try yourself to improve

via means on getting some ideas and analysis from other traders which do make out some trading.All the thing you do need is to sustain out.

Pamadar

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Quote from: Falconer on March 21, 2022, 10:50:26 AM

Quote from: Pamadar on March 21, 2022, 05:50:59 AM

Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.

Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.

And that's what I'm pointing as well. We might read or watch experienced traders to succeed using his own strategy,

But once we tried using it from our trading we suffer from failure, even we imitate and completely
follow all the patterns, the outcome is not the same.

We should learn and keep learning, just like what you have said, personal experienced is the best guide for your
future success from this line of business.

darewaller

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Quote from: jostorres on March 16, 2022, 04:02:43 PM

Unfortunately there are too many people who buy some memecoin because they saw it on twitter and I can not believe that they could be that gullible. I mean what is the point of spending your hard earned money on some memecoin because you saw some twitter community hyping it up? I am not saying that it can't make you money, of course there is a chance of it but it would be a lower chance and higher risk.

It's not that people do not care about their money. The thing is that most of these investors don’t really know much about how to invest in the market or what coin to choose. So, sometimes they really just go straight and invest in any kind that they feel is good.

But, as they continue to have more experience in the market it widens their knowledge and they also get to know the things that they are meant to do and what they are not meant to do. The losses that they might encounter due to their wrong decisions is part of the experience that they would have. it is what makes them better, but it comes with the cost of losing their money in the market.

Falconer

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Quote from: Pamadar on March 21, 2022, 05:50:59 AM

Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.

Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.

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