True, there are various strategies in trading, I think we have to find a suitable strategy for us to apply ourselves. Because we don't always match the strategies of other people. We have to find our own strategy and understand it for ourselves. There are many people who offer strategies that they use, but not everyone is successful with those strategies. Previously we had to understand the basics of knowledge in the world of trading, as you said risk and financial management we must understand as well as possible.
Trading is complex, depending on how one choose to see it, definitely good for the serious ones. In trading, there are several strategies trader can use to implement their trades inother to get gigantic returns on their capital. we should always not copy other people trades because their leverage and lotsize is not what we are going to use for ours, but we can apply their pattern of trade, and execute it when there's still time to open positions. Getting knowledge is also necessary, which where you learn before you earn comes in, there's always time to trade any coin. 
Topic: Best Strategies for Trading. - page 3. (Read 1190 times)
True, there are various strategies in trading, I think we have to find a suitable strategy for us to apply ourselves. Because we don't always match the strategies of other people. We have to find our own strategy and understand it for ourselves. There are many people who offer strategies that they use, but not everyone is successful with those strategies. Previously we had to understand the basics of knowledge in the world of trading, as you said risk and financial management we must understand as well as possible.
This is a point that is often overlooked by people, just because a strategy is successful in the hands of one trader this does not means the same strategy will be successful in our hands, and this is because even if we can understand why the strategy is the way it is, different strategies have different levels of risk, so if the strategy is too risky for your tastes as a trader then it is going to be almost impossible for you to execute the strategy properly, which will most likely lead you to lose money in the markets. 
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.
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.
Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.
In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.
I like the use of accounts with fictitious money because not only can you apply trading strategies, but the best of all is that you learn to use the tools offered by the exchange, it is very good because we are always drifting when we operate with real money . money and we don't know how to handle change well and a mistake can mean losing money, and that is something that we must mature, although many people are told not to operate like that, they will, it is impossible the truth, it is only when they lose money that some people really understand and know how to take advice, it's a common thing, but it always happens.
When they experienced things, the first hand that will be the turning point that they will seek for more knowledge, if they know how to listen and adjust they will be able to control and have a best practice that will going to fit with the type of traders that they wanted to be, all are good when you start with best practices, using a free account with dummy balance to learn more about how the market works and how will you respond with each market movement is really important for your trading activities.
You should always find time to work with your knowledge and to continue educating yourself with all the factors that may affect how the market will move in the next market seasons.
Changes are always present, but if you have all the tools that you can use to adopt with changes, it won't be hard for you to adjust and continue being profitable from both bear and bull market runs.
Bro i would like to say you are just on the basic Stage then the Movingly Avrage is the best way to Trade daily. Day trading on both loss and profit booking is more safe. Best point is Moving indicator is most easy and most efficient strategy. You can go for the Fear and Greed index too but its not for the day trading.
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.
Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.
In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.
I like the use of accounts with fictitious money because not only can you apply trading strategies, but the best of all is that you learn to use the tools offered by the exchange, it is very good because we are always drifting when we operate with real money . money and we don't know how to handle change well and a mistake can mean losing money, and that is something that we must mature, although many people are told not to operate like that, they will, it is impossible the truth, it is only when they lose money that some people really understand and know how to take advice, it's a common thing, but it always happens.
Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.
In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.
After all, market trends are very volatile and traders tend to not always be profitable so greed is never a good thing. Day traders may be more risky, which is why sometimes others prefer investing over trading.
That greed that is difficult to control, it makes us regret it. Because I have been undisciplined and greedy several times. In fact I became a time loss or a loss of money because I mispromised. The trick is discipline, but discipline is also difficult and not everyone can do that.
But not all, I think everyone has their own expertise in how to profit from crypto. Suppose I prefer to trade with fast periods. Although I also invest for the long term.
Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.
The demo account does not give us heavy mental stress, because it is just a demo not a real one. I've done that although it helps a bit but it's very different if using a real account. The most important thing is to use a real account and small funds as a start of practice. Because the best lesson is hands-on experience.
I did the calculation and I can see that the 25years you mentioned will actually be $2.7M in total for the $10,000
That's before you factor in taking out some for taxes every quarter and some to pay yourself. My wife got mad at me for "unrealistic exponential math", so I made a model that included taxes, expenses, and withdrawing some out for pay.
Lets see the screen shot of your trading bot since January.
February 8 will have to do.
https://i.ibb.co/B2kcrnp/3-Commas-DCA-bot-performance.png
The $ amount on it is misleading, because those bots are trading against BTC. Initial investment was 0.3 BTC. The profit on it is 0.0295 BTC, so a little less than 10% - about 13.2% annualized—measured in BTC. So that's 13% alpha against BTC.
I have other more recent stuff doing better than that — that's just the only thing I have to show running that long. And since it's doing so well on the risk management side (pretty smooth curve), I've kept it running.
To be honest there’s no strategy that works the second time. It all depends on market’s nature. If you follow up a specific trading pattern for multiple times, then definitely you will end of making losses. Rather you should always analyse the market and observe the curves of the coin. Once you feel confident take calculate risk and trade. In this way there are more chances that you make good profit and don’t lose more often.
In theory I think your suggestion is really good, but in practice I don't see it at all easy.The strategy must be adapted to market conditions because we will not be able to expect profit targets to be achieved in every cycle because the market is very unstable. If previously I wanted to TP at a 10% increase since buy, then maybe in the second cycle I should TP with a lower percentage.
After all, market trends are very volatile and traders tend to not always be profitable so greed is never a good thing. Day traders may be more risky, which is why sometimes others prefer investing over trading.
Being calm and not panic when it’s going down, and buying more with the saved stablecoins you have. I know that everyone will talk about macd, weekly ma, and bollinger and all that. But leaving emotions aside and buying as much as you can at every turn is the only path.
Because in the long run it goes up, which means that we are going to keep seeing it go higher and then buying right now means it’s a good decision. Doesn't matter if it goes down, doesn't matter if it’s staying still, doesn't matter if it has been like this for a day or a week or a month or a year. Just buy more, leave emotions aside, and then buy some more. This will be the key to making a big profit.
This is such a correct way of approaching things. Many people think that the solution is technical and they are forgetting that it’s mostly about emotions. Technical part of it could help you with futures margin, quick trades and al if you are doing rapid trading, but if you are a good investor then the trading strategies that you do should be based on less and less emotions, and you should not be in panic mode when you are wrong.Because in the long run it goes up, which means that we are going to keep seeing it go higher and then buying right now means it’s a good decision. Doesn't matter if it goes down, doesn't matter if it’s staying still, doesn't matter if it has been like this for a day or a week or a month or a year. Just buy more, leave emotions aside, and then buy some more. This will be the key to making a big profit.
Sometimes we are wrong, all humans could be wrong at times, Warren Buffet made a profit by investing and even he has down years, and plenty of them as well. So, it should not come as a shock that sometimes we could be wrong too.
the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.
many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.
Indeed, there are now many tutorials on trading with good strategies in various versions, but that's how we can do it when we start.
used before on a certain condition.Learning would really be a never ending process on a market which is truly unpredictable and totally random.
Strategies couldnt be always precise but at least you do already have the idea on what you are doing rather than making yourself doing trading decisions without any basis.
Its normal that you should really be creating one rather than on making steps randomly or just doing pure gambling or selection.
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.
Newbies can really choose any currencies they want. But since you are newbies, maybe those who don't fluctuate much are the better to understand first and learn. You might want to try first the Bitcoin against Stablecoin pair like BTC/USDT pair and try your best to apply the BUY LOW SELL HIGH method as much as you can.
If you think you can handle a much volatile pair then you can switch to BTC/ETH or any other top coins next then slowly advance on other altcoins.
the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.
many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.
Indeed, there are now many tutorials on trading with good strategies in various versions, but that's how we can do it when we start.
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I hope you understand the use of bot in crypto trading is not easy as you said it and if it is that easy to make a profit through a bot don't know a lot of crypto trader that would be millionairess as we speak.
This is the common criticism of skeptics.
But let's say you could make 3% a month—definitely profitable trading. Then you need to set aside, say, 1/3 of that for taxes, so it's really only 2% a month. And then, you should pay yourself. Take some of the profits and improve your lifestyle. Maybe also invest in some tools, education, memberships, subscriptions, etc. Let's allocate 20% for that. What's left, let's figure compounding it monthly.
And then let's start with $10,000, even—not where most crypto traders are starting, for sure.
You know how long it takes you to accumulate $1M?
[snip]
I did the calculation and I can see that the 25years you mentioned will actually be $2.7M in total for the $10,000 but that does not stop the fact that the use of crypto trading bots is not always profitable and people shouldn't see it as a lifesaver because everything still depends on the trader basic knowledge about crypto trading.
This is what I am trying to prove here.
I agreed everything I said was just an act of common criticism of skeptics. Lets see the screen shot of your trading bot since January.
the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.
many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.
Every trader has their own strategies and the usage depends on its effectiveness on their personal journey in trading. As for me, the best strategy is simply having the right mindset and proper management of our emotions.
Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.
The strategy in trading is a lot how we use it well and with other needs such as maintaining the right pattern, managing finances, controlling emotions and also greed, we ourselves control it sometimes this makes us misguided and in the end it becomes a loss because we don't pay attention that pattern.Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.
Many common strategies have been spread on the internet how to trade properly and correctly, it's just that what about our skills are we able to master it or is it only limited to what we can exceed that then it's a lot but it's true that trading is said to be difficult and easy but that must be prepared for the bearish market that is difficult to predict.
True, trading is something that you needed to excel with your understanding, following patterns and creating your strategy is something will let you to have a much better outcome, but it's not a guarantee that by knowing the basic fundamentals will simply allow you to esablished a good system, there are many factors that you needed to consider when creating your own patterns.
It's you who can dictate the outcome of your journey, eiterh a postive outcome or negative outcome, it's on your responsibility.
Every trader has their own strategies and the usage depends on its effectiveness on their personal journey in trading. As for me, the best strategy is simply having the right mindset and proper management of our emotions.
Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.
The strategy in trading is a lot how we use it well and with other needs such as maintaining the right pattern, managing finances, controlling emotions and also greed, we ourselves control it sometimes this makes us misguided and in the end it becomes a loss because we don't pay attention that pattern.Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.
Many common strategies have been spread on the internet how to trade properly and correctly, it's just that what about our skills are we able to master it or is it only limited to what we can exceed that then it's a lot but it's true that trading is said to be difficult and easy but that must be prepared for the bearish market that is difficult to predict.
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