Be comfortable with your strategy! - page 3.

Pamadar

legendary

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Quote from: bitgolden on March 21, 2022, 04:40:06 AM

The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.

It doesn’t really work as you have said. Yes, it is good to rely on yourself and as a matter of fact you have to be doing your own research and prove that whatever decision that you want to make is right or wrong. But at the same time, you can as well get information from other people who are into the same field as you. Sometimes you never know when you are wrong, and you might be need someone to show you the areas that you are going wrong so that you would be able to make corrections.

So, it is never bad to also seek for advice or ideas from other people, it can be really helpful sometimes. And at the same time, you should also look into whatever information you get to be sure that it is right or not.

Absolutely right, that's the purpose of doing your own research and study.

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.

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.

It doesn’t really work as you have said. Yes, it is good to rely on yourself and as a matter of fact you have to be doing your own research and prove that whatever decision that you want to make is right or wrong. But at the same time, you can as well get information from other people who are into the same field as you. Sometimes you never know when you are wrong, and you might be need someone to show you the areas that you are going wrong so that you would be able to make corrections.

So, it is never bad to also seek for advice or ideas from other people, it can be really helpful sometimes. And at the same time, you should also look into whatever information you get to be sure that it is right or not.

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Pamadar on March 16, 2022, 08:13:13 AM

Quote from: passwordnow on March 15, 2022, 02:31:50 PM

Quote from: Renampun on March 14, 2022, 10:05:02 AM

it is always not good to continue to depend on other people's decisions.

This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.

Yup! it's a must have your own decision rather than to depend things to anyone.

It's your money in the first place that you are using. If you missed out on your opportunities blaming, someone will always
be the first thing that will come into your mind.

Better to take your own journey, so whatever happens to your trade it's all on you. Just use the information to
guide you while you are working in this industry.

In part, sometimes I understand that many are guided by the advice of others, such as Youtubers, telegram groups, discord, among others, and even more so when they are beginner traders, because there is no prior knowledge of the market and one enters as if doing bets, something like:

"I think it's going to go up", "I think this currency will go down", things like that are common and they are said without any foundation, just because it seems to you, if these things happen like that it's because there is no knowledge and you let yourself be guided by the so-called "experts", then the best thing in these cases is to read, learn to be able to act, there is nothing better than having good arguments to earn money and not lose it.

Quote from: Pamadar on March 20, 2022, 02:05:08 PM

The best option is to expand your knowledge and never to listen to anyone,

The money that in stake is very important for you, you need to always be careful knowing that the amount of money that you are using
is something that came from your hard work.

Listening to anyone simply shows that you are entrusting your capital to somebody's knowledge. If he failed, you will lose together
with him and it's not right when you are into any investment. Your goal is to grow your capital and earn from your investment.

It's the absolute truth, totally agree.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: LUCKMCFLY on March 20, 2022, 10:58:11 AM

Quote from: passwordnow on March 15, 2022, 02:31:50 PM

Quote from: Renampun on March 14, 2022, 10:05:02 AM

it is always not good to continue to depend on other people's decisions.

This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.

One of the mistakes I made the most was that, depending on the decisions of others, when I was learning about trading and cryptocurrencies I realized that many of the groups that give signals are only guided by pure technical analysis, it is not for another thing , they do not analyze in another way, this is where I realized that I had the biggest losses of money, and once I stopped following that advice from them and from friends that I thought they knew I began to win, not much, I did not recover never what I lost, it is for this reason that I knew that the best option for this is to read books.

The best option is to expand your knowledge and never to listen to anyone,

The money that in stake is very important for you, you need to always be careful knowing that the amount of money that you are using
is something that came from your hard work.

Listening to anyone simply shows that you are entrusting your capital to somebody's knowledge. If he failed, you will lose together
with him and it's not right when you are into any investment. Your goal is to grow your capital and earn from your investment.

kesmex

full member

Activity: 1110

Merit: 104

it must be comfortable, every trader has his own way, cannot be compared to other traders,
because a good strategy is a good strategy for the trader himself, all strategies come from mistakes,
and mistakes are our best teachers, I also experienced it.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: passwordnow on March 15, 2022, 02:31:50 PM

Quote from: Renampun on March 14, 2022, 10:05:02 AM

it is always not good to continue to depend on other people's decisions.

This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.

One of the mistakes I made the most was that, depending on the decisions of others, when I was learning about trading and cryptocurrencies I realized that many of the groups that give signals are only guided by pure technical analysis, it is not for another thing , they do not analyze in another way, this is where I realized that I had the biggest losses of money, and once I stopped following that advice from them and from friends that I thought they knew I began to win, not much, I did not recover never what I lost, it is for this reason that I knew that the best option for this is to read books.

Webetcoins

hero member

Activity: 2100

Merit: 546

Leading Crypto Sports Betting & Casino Platform

Before anyone can arrive at a particular strategy that works perfectly for them, they would have to have tried out several strategies that are being used for trading in the market.

After you might have tried out several strategies and you have seen the one that works the most for you, then you can continue to make use of that one. As time goes on you would continue to master that particular strategy and get even far much better than you are at the start.

It’s good that you have discovered a particular strategy that works for you and you are now applying that strategy whenever you are trading. And it is also good that you have mastered it properly to know the accurate time for you to get into the market.

redsun114

hero member

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Leading Crypto Sports Betting & Casino Platform

There isn’t anything like the one accurate strategy that traders can make use of. there are so many strategies in the market and they all works for traders and there are also people that they do not work for. The thing is if you discover a strategy that is working for you it is good to just hold on to that one strategy and master it very well.

You have to put in more effort in getting better on ways that you make use of the strategy and once you have done that then you are good to go. You can then decide to also keep trying out other strategies and also learn from other traders about their own strategies that have been very reliable for them.

Rockstarguy

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God is great

Quote from: Erumo on March 15, 2022, 10:06:21 AM

When I trade, as soon as profit exceeds fees, I prefer to take it and repeat whole procedure. I am ready to do 100 trades to earn 1 dollar, then do 1 trade, get gray and earn same Franklin. I think with such strategy, I generate more trading volume and make traded asset more noticeable. With such help and growing interest or demand, every next profit will be simpler to obtain.

Do you know that trading in this manner will consume much of your time making scalping more difficult for you. Although it's a good strategy but I think it's time wasting somehow. This your strategy is better than making profits and lossing it at the same time. Since you are having consistent profits as the day goes bye, then your strategy is better than others that has high risks to rewards. The goal is to make more profits and you are making it slow and steady which is the best.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: ?? on ??

Quote from: Pamadar on March 16, 2022, 08:13:13 AM

-Snip-

The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.

I would be glad to spend other people's money to make money for myself, give me millions of dollars, hell give me hundred bucks and I will trade it for you easily, I will probably lose it all, but since it is your money, why would I care? I will just say sorry and move on. Never listen to others, nobody, always make your own trades, and whenever you lose, it is always your fault.

Precisely! People who have this kind of mentality will always find someone to blame.

Instead of working with their own strategy and build a good system to succeed, they are lazy, just blindly following other's
advise, and when they suffer losing their money, they can't get over with it and continue to point a finger at the person they
entrust their decisions. Getting the point that it's your money and not them, you should protect and decide it from your
own understanding and knowledge. Whatever the outcome, it's still you who will take that full responsibility.

jossiel

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Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: fuguebtc on March 17, 2022, 10:34:07 AM

There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.

It is what you only need to do.

Finding the right one that works for you nearly perfect or perfectly. True to it that these strategies are guides on how to become a better trader and there could be changes that can happen along your trading activities.

And before it comes, you just have to make sure that you're good and well prepared on any changes that might come to you. Because a successful trader is adaptable to any change.

kawetsriyanto

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duelbits.com

Quote from: tbterryboy on March 16, 2022, 01:43:04 AM

You do know that scalping is not an easy strategy to make use of in trading. But that doesn’t mean it’s a non working strategy, it does work if you really know how to make use of it.

Yep, scalping isn't a simple trading strategy, it requires a specific skill in analyzing charts or price moves. If we still have not enough knowledge in this skill, better to use another trading strategy. For newbies, scalping may not work well but doesn't mean this strategy is worthless. It is just not a proper strategy to use by newbies or beginners, too early for them to use a complicated strategy like scalping.

Quote from: tbterryboy on March 16, 2022, 01:43:04 AM

But that doesn’t mean you should dismiss other strategies, it wouldn’t be bad to also try to learn other strategies and to apply them and see whether they would work out for you.

Agree. Why don't try other strategies? A single strategy may not work forever, we need a new one to make our trading effective. Moreover, the trends in crypto market can change quickly, while a certain strategy may not work in each trend. I usually use a different trading strategy in uptrend and downtrend, there is no single strategy that can be effective in both trends.

Mahanton

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Quote from: fuguebtc on March 17, 2022, 10:34:07 AM

There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.

There's no such thing about fix trading strategy on which you could repetitively because market is unpredictable and you would be facing lots of situations which would be different
on which you do really need to adjust on something you are engaging in to. Be versatile would be the key because of different situations then you would really be needing
that kind of behavior.Of course you would be needing to be comfortable or does have trust on any analysis you would make because this is something
that would make you sustain.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: GreatArkansas on February 23, 2022, 08:45:04 AM

You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.

Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.

There is always a perfect time to trade, and not to trade. So if you see that the market is not suitable to trade, better not to trade because you will only end up losing from it. Sometimes, our instincts can also be helpful in some ways but its always better to always analyze the market first before going to trade.

Mastery is another thing in trading that helps you keep off from making losses. If you have mastered your strategies well, you will be more comfortable to use it which will pave way to maximize your profits and not to lose more often.

fuguebtc

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Activity: 1960

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Leading Crypto Sports Betting & Casino Platform

There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.

Pamadar

legendary

Activity: 2982

Merit: 1028

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

Quote from: Pamadar on March 14, 2022, 05:58:47 AM

It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.

People not caring about their money is one of the most important parts of the current crypto trading world. If they are putting up money that means something, then they should be caring about what they do with it as well.

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.

And most of them are willing to take that shot hoping that they will generate good income from that particular hype.

Only to find out that they've been played and after they invest the hypes already over and they will be stuck
and be trapped from the asset that they are holding.

No other choice but to sell it out with huge losses. This kind of scenario is no longer new to this industry
there are many who learn from the hard ways and start to realize that this market is not the easy passage
to earn a lot.

jostorres

hero member

Activity: 2562

Merit: 586

Quote from: Pamadar on March 14, 2022, 05:58:47 AM

It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.

People not caring about their money is one of the most important parts of the current crypto trading world. If they are putting up money that means something, then they should be caring about what they do with it as well.

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.

Emitdama

sr. member

Activity: 1914

Merit: 328

Quote from: Pamadar on March 14, 2022, 05:58:47 AM

Quote from: ?? on ??

It is a must. Everyone should have to think about that and aim for a strategy that really effective. Besides, making a good profit is somewhat because our strategies work so well. Making our own strategy(ies) helps us to achieve our goal and it was very satisfying. Being comfortable with our strategy(ies) makes us even more confident that we will succeed.
The good thing about having our own is simply we don't rely on others and this proves that we go far without the help of other people, like standing with our own feet.

The chance is better if you are comfortable with the strategy that you are using.

It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.

A really effective strategy is hard to find, I think you will only die trying to find it. Effective strategy don't come instantly but it should be done in process, that's the only way to know if the strategy is really effective or not. Creating your own strategy is not easy but once you overcome it, you will feel very accomplished.

It's truly a great feeling. It's normal that we are comfortable using our strategy because that is ours and yes being confident is also a must too so that you can think properly and avoid panicking. It's okay to seek help for others but you should only do it once you prove that every strategy you create don't work well.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: passwordnow on March 15, 2022, 02:31:50 PM

Quote from: Renampun on March 14, 2022, 10:05:02 AM

it is always not good to continue to depend on other people's decisions.

This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.

Yup! it's a must have your own decision rather than to depend things to anyone.

It's your money in the first place that you are using. If you missed out on your opportunities blaming, someone will always
be the first thing that will come into your mind.

Better to take your own journey, so whatever happens to your trade it's all on you. Just use the information to
guide you while you are working in this industry.

tbterryboy

sr. member

Activity: 2030

Merit: 323

You do know that scalping is not an easy strategy to make use of in trading. But that doesn’t mean it’s a non working strategy, it does work if you really know how to make use of it. But as you said it is always best to make use of the strategy you understand and the one that really works for you. But that doesn’t mean you should dismiss other strategies, it wouldn’t be bad to also try to learn other strategies and to apply them and see whether they would work out for you.

But while doing that, make sure that you have truly mastered the one strategy that has been favoring you. The reason why it’s good to also learn about other strategies is so that you wouldn’t have to be relying on just one all the time, you can as well have other strategies to rely on to switch things up when there is a need for it.

Topic: Be comfortable with your strategy! - page 3. (Read 1083 times)