Topic: Best Strategies for Trading. - page 2. (Read 1190 times)
Try to learn some trading strategies that will fit for you to get profit and always remember that everytime you make a trade, you'll take risks either you win or lose but that will serve as your own learning .
Best strategy for trading is always to have some extra capital in market for crash. When crash happens in market put buying entry and we will have a good profit in future.
This is a very common mistakes that new traders make, there isn't always any reserve to fall back on when the trade didn't go as planned and this is always frustrating. As a trader that wants to make it in the market, you should always have some extra money just sitting around that can come in useful when the trade goes against you.
The market is very volatile and things can swing the opposite direction from your initial prediction as quickly as possible. My best strategy is trading coins when they're still new and hyped. I try not to fomo into the market but also not to miss out on a great opportunities to make some money with new listings..
New projects are very interesting to trade as the price is at its vulnerable moment that can either give you huge profit or send you packing after losing. This project has to be great ones and not the shit coins been hyped all over social media.
We don't ask about how trustworthy the stablecoin is as long as it's the most used one. The volume of USDT is far bigger than USDC and BUSD, thus we stick to using USDT.
If you have been long enough to notice the Wall Observer thread, the charts have always been in BTC/USDT. This is the currency pair to watch all the time no matter what your trading strategy is.
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
Everyone has a trading strategy according to their abilities and understanding of the indicators as a basis for consideration for trading, indeed no strategy guarantees success.
Talking about trading strategy advice will be difficult if you just watch on social media without special guidance or just listen to your friends, even if your friend is successful with the strategy he has created, you may not be able to use your friend's strategy.
This is influenced by factors of knowledge, mentality, targets, and risks taken.
Here I will give you the basic strategy that I usually use:
1. Decide on a strategy to enter
2. Determine the risk/reward ratio
3. Determine the size of the position according to the Stop Loss target
4. Determine the exit strategy or Take Profit
5. Keep journals and notes for evaluation
I suggest Qure.Finance (ex. Qooore), where it helps a new generation of investors earn money by following the insights of top-rated financial influencers, allowing them to learn and draw inspiration from their trading styles.
You may subscribe to the best trader in the app.
Some traders also post signals in the discord channel and you can see them without even subscribing.
You may join here https://lnkd.in/gebMVMkE
You may subscribe to the best trader in the app.
Some traders also post signals in the discord channel and you can see them without even subscribing.
You may join here https://lnkd.in/gebMVMkE
As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.
I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.
Keep on testing and trying it until you find the exact thing that fits you and your style.
The right thing to do is to keep tweaking those known strategy that being shared, what I mean is try to follow the patterns and try to change it in the way that you think you will be compensated, it's not easy as the market is wild, the volatility really gives traders a hard time, even experienced traders can't use a single strategy to fit on this kind of market, though, maybe there are some but not many can predict how the market will behave.I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.
Keep on testing and trying it until you find the exact thing that fits you and your style.
It's a never-ending cycle that you need to adjust yourself, but first, you need to have a good fundamental that you can enhance each time you execute your trade.
There's always an adjustment and you have to bear with it because it's you that will benefit from it at the end. You don't get discouraged with all of those failures with the trials you do.
But you have to be the most excited person since it is yourself that you're trying to build with all of those strategies until the tweaking is done and you find the best fit.
As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?
As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.
Keep on testing and trying it until you find the exact thing that fits you and your style.
It's a never-ending cycle that you need to adjust yourself, but first, you need to have a good fundamental that you can enhance each time you execute your trade.
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
I am not a professional trader, but I would say that there is no definite answer to this question. as the strategies are very different between you and the one who is advising. You need to have your own strategy that you can easily tweak and understand. This is also my mindset: after I learn the basics, I ask my friends what is the best pair and their strategy. I tried it, but it wasn't working at all. But when I made my own strategy, that is when I started winning my trades.
you at advantage and make you profitable on this market.You cant point out which one because it would be a never ending kind of combination of tools and indicators until you do get a hang of it.
Different strategies on different conditions and since we know that market does have lots of variations then you would really be need to adjust basing up
into that which means that we do have lots of strategies to be testing out.
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
I am not a professional trader, but I would say that there is no definite answer to this question. as the strategies are very different between you and the one who is advising. You need to have your own strategy that you can easily tweak and understand. This is also my mindset: after I learn the basics, I ask my friends what is the best pair and their strategy. I tried it, but it wasn't working at all. But when I made my own strategy, that is when I started winning my trades.
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
no strategy is 100% successful because the crypto market is very volatile right now and makes any strategies or indicators seem useless, I'm sure 99% of whales also didn't think FTX would collapse, let alone ordinary traders would never know about FTX like it is now.
Yes, the best strategy is not to use 100% capital in this crypto world, because of course it will be very risky to be liquidated.
As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?
As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.
Keep on testing and trying it until you find the exact thing that fits you and your style.
As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
Hello OP, have you read the various answers from the members here?What do you mean by trading pairs? It seems, for a beginner, stable coins become an easier choice compared to other trading pairs. You can choose to use USDT, USDC, DAI, or other stablecoins where the value doesn't change much.
In addition, learning the trading strategy is also a basic thing that must be passed, not only regarding what coins to trade but also needing to learn several techniques such as TA and FA. And some other fundamental things such as how to solve problems when dealing with the possibility of the market experiencing sudden changes. Apart from that, one of the most important things is how we are able to control and manage our emotions when carrying out trading activities. We understand that trading carries a very high risk, especially for beginners who don't have much understanding and experience. Therefore, we really need sufficient preparation.
Newbies can follow tradingview website to choose correct exchange with a potential pair of crypto to trade and make profits. You can also learn how to analysis by tradingview. Choosing crypto pairs by own is the best way for newbies.
The best method I have used was about hunting pips during news. During volatility you use limit buy and limit sell orders to catch spikes, you can use this strategy for making money in short term but be careful about possible slippage. There is info on forum, just use search function for related threads.
Does that mean you were trading futures? Trading in futures is good, of course I would like to do it with a lot that allows me not to lose much, I only like to trade with the pair of BTC/USD, or BTC/USDT, it seems to me that it is the best, I obviously do any alt / btc when I have the confirmation that Bitcoin is going to go up, very up, at least $100k to get a good leverage, or leverage for my respectable should be 3x up, and 5x down for seeing some profitability is what excites me the most, because when it is like this you can earn a lot, and with the btc market at random when it is fully understood, whoever does not make money is because they really do not like it.
Most of those who manage to make money using this strategy invest lots of time in doing their research, we all know how the market works and how risky the market can be in a short span of time, you need to work deep in terms of learning the process and for you to make sure that your anticipated target will be reached after setting your position.
There are investors and traders who are willing to learn and use this pattern though there are also traders who are not a fan of this setup.
The best method I have used was about hunting pips during news. During volatility you use limit buy and limit sell orders to catch spikes, you can use this strategy for making money in short term but be careful about possible slippage. There is info on forum, just use search function for related threads.
Does that mean you were trading futures? Trading in futures is good, of course I would like to do it with a lot that allows me not to lose much, I only like to trade with the pair of BTC/USD, or BTC/USDT, it seems to me that it is the best, I obviously do any alt / btc when I have the confirmation that Bitcoin is going to go up, very up, at least $100k to get a good leverage, or leverage for my respectable should be 3x up, and 5x down for seeing some profitability is what excites me the most, because when it is like this you can earn a lot, and with the btc market at random when it is fully understood, whoever does not make money is because they really do not like it.
The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.
There is no win-win strategy that would allow a market participant to constantly make a profit. Therefore, if some trading strategy brings you profit, you should not completely trust it and you still need to comply with risk management, since at any moment this trading strategy may stop working.That is why it is definitely not something that anyone should aim, accept the losses you get and hope that you will be doing a lot better in the long run. If you can do that, it would be a lot better for you and you could make a lot better results because you would only aim making more profit than the loss you took.
Thia topic ia quite old i know that but i have a question on the same topic with current situation as what strategy is going to be now in this panic haha as this is the time to hold hands 22k 18k 22k 18k haha finally this drama is over and now we are 16k 18k 16k 18k lets see how much time to go again to the 22k.
Or maybe $16K - $12K in 2023. In fact the bearish still makes people seem very panicked about releasing their bitcoin. I believe this to be an inner impulse that is not really strong enough to face the market situation so they lose control of their bitcoin. But for anyone who believes, then this is the best opportunity to make a purchase. Make sure DCA is useful, the market will recover.No drama other than FUD developing, this drop is a bit abnormal for those who are just getting to know bitcoin in the past year.
Thia topic ia quite old i know that but i have a question on the same topic with current situation as what strategy is going to be now in this panic haha as this is the time to hold hands 22k 18k 22k 18k haha finally this drama is over and now we are 16k 18k 16k 18k lets see how much time to go again to the 22k.
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
To be honest, every time this question pops up I usually find it difficult to answer because the word "trading" has several meanings in the world of cryptocurrencies.In its simplest terms this could simply mean buying low and selling high that's if someone is involved in peer to peer trading of fiat to crypto and vice versa.
Then the other trading that most users refer to involves looking at charts and the alike, & unfortunately there are several strategies out there that can be used and finding your best strategy depends on your character and the alike. And when it comes to trading you can't come in as a half baked trader hoping to be making big profits, it's either you in or you out... Perfect your craft.
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