Best Strategies for Trading. - page 5.

suzanne5223

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Quote from: ThemePen on October 26, 2022, 12:19:30 AM

Everyone know that trading is the name of. Buy at low sell on high.

Understand this, trading and investment are not the something. Buying low and selling high are just traditional ways of cryptocurrency short-term investment strategy and it was never trading.

Quote from: ThemePen on October 26, 2022, 12:19:30 AM

I like the bot trading. I set the bot and in between my selection whenever btc move to down. Bot buy the orders and sell at high. This is my strategy.

The use of bots is an effective way of trading even when offline but the use of it doesn't justify trader profitability because the bot always works based on settings.

Quote from: ThemePen on October 26, 2022, 12:19:30 AM

And I don't like Futures trading because it is too much risky. And I only trade in Bitcoin. Because if it will move down and leave my bot range so I can easily hold it. Because definitely it will go up.

Agreed with this.

Lanatsa

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Quote from: Piesel on October 26, 2022, 03:39:48 PM

The thing is, trading patterns have to be followed consistently for a while for them to prove effective in trading and it doesn't matter the currency pair you are trading on.

I have seen some that offer promotion trading copy services but even that has not proven to be effective also as the is no guarantee of the success of the outcome of the trading.

Copy trading is never been giving out that kind of guarantees on which its never been good on making yourself believe that it would be something sustainable or something that could make profits in long term.

When it comes on trading strategies then you are the ones who would really be finding on which one would suit you in when it comes to those current strategies available, even if you do decide on following

others, it wont really guarantee out that you would make profits on that.You cant determine on which one is the best and which one is not.You are the ones who would be
finding and mix up according to your own preference.

Piesel

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The thing is, trading patterns have to be followed consistently for a while for them to prove effective in trading and it doesn't matter the currency pair you are trading on.

I have seen some that offer promotion trading copy services but even that has not proven to be effective also as the is no guarantee of the success of the outcome of the trading.

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Quote from: Mahanton on October 25, 2022, 04:52:24 PM

When scalping then you would really be setting out buy orders amount which would be significant once you do make out some short in price movement which you wouldnt really be just eaten out by the trading fees.
This kind of trading is the most toughest or hardest of all on which you would really be dealing up with moving prices on active manner.Risk management and emotion handling is really that very crucial when it comes to this.Best trading strategies would be entirely depending on you which you are the ones will really be looking out for the most possible strat that would fit out your style and preference.
All of us are speculators, there's no such thing about precise and guaranteed strategy that could make you money.

Each trader has his own strategy of scalping, swing trading or others, of course it can be suitable for you and not suitable for others. Scalping is indeed a strategy that has a fairly high risk, because we are required to do quick analysis and decisions. And many orders are made and continue to repeat until little by little the profits will be collected. I don't always use scalping techniques in trading, only at certain moments when the volume is high. But for trading I usually tend to be more relaxed. Whatever strategy is used, the final result will be counted.

deathcode

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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 can only suggest what is good according to their experience.
There are many strategies in trading and not necessarily what we say will suit you, it depends on your "condition".
Yourself must determine what strategy is good for yourself.
the most important thing is don't hesitate to start and don't complain or even give up when you fail.
with frequent practice then surely you will find what strategy is good for you.

Yamifoud

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It is hard to mention which is the best strategy. There are a lot of strategies commonly used by many traders but I was not sure if this will also fit you or if it was convenient for you. After watching online tutorials, researching, and listening to other traders, it was not enough for you to tell which one until the time you tried any of them.
There are things I have to say to you OP,
- don't be afraid to try and lose money
- never hesitate to ask traders and friends, but be careful with strangers offering signals
- make your own strategy if you already understand trading

gabbie2010

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

Check YouTube videos there are few crypto trading strategies that are newbie friendly where you will learn and use the strategy to trade, though I recommend practicing with Demo or Stimulation first with consistent profits earned before going Live even when starting real trading, deposit and start trading with the amount of money you can afford to lose because of high risk involved in crypto trading though it's will take time before gaining some experience, however with perseverance and determination it pays in a long run to become a successful trader, checkout this link for a crypto trading strategy which ETH/USDT pair as the reference trading pair https://m.youtube.com/watch?v=-V1m_ansVNs

Strongkored

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

BTC-USD
The right strategy is the one that suits your character, the capital you use to trade, the extent of knowledge you have in trading if you're newbie then BTC-USD is safer while you continue to learn than pairs Altcoin too many unexpected things there.
Don't forget to learn about all the features that your exchange has, those features can help you if you know how to use it

EarnOnVictor

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I've been reading and hearing for more than a decade ago that this and that is the best trading strategy, but all happens to be false. The best trading strategy is what works best personally for you, period! You would have to discover this yourself by trying many trading strategies to know the ones that are best for your timing, trading goals and plans to realize the goals.

Trading is not child's play, it needs mastering which takes a quite lot of years to achieve. Nonetheless, you might practice with price action, trendline, wave theory and with other tools/indicators that work as support and resistance strategies. It is best to combine strategies together for a more effective outcome.

ThemePen

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I stand with Palestine.

Everyone know that trading is the name of. Buy at low sell on high.

I like the bot trading. I set the bot and in between my selection whenever btc move to down. Bot buy the orders and sell at high. This is my strategy.

And I don't like Futures trading because it is too much risky. And I only trade in Bitcoin. Because if it will move down and leave my bot range so I can easily hold it. Because definitely it will go up.

GeorgeJohn

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

If newbies wants to elevate in cryptocurrency trading, actually you won't be depending anyone to come and impact knowledge of how to trade, it's your primary function of desperation to observe the methods of people who is into trading analysis the future of trading and basics concept of cryptocurrency and trading in quote, so i believe that learning is basically depends on your interest over it.

Mahanton

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Quote from: TimeTeller on October 25, 2022, 03:53:25 PM

Quote from: AakZaki on October 25, 2022, 04:46:36 AM

Quote from: ?? on ??

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

One mistake that you will do while scalping, can wipe out your small profits.
So for me, if you are already doing good, set aside your initial funds after getting profits.
At least, you know for yourself that you already got the return of investments.
And then, just trade top alts as much as possible. Most new alts are very risky to get involved with.

When scalping then you would really be setting out buy orders amount which would be significant once you do make out some short in price movement which you wouldnt really be just eaten out by the trading fees.
This kind of trading is the most toughest or hardest of all on which you would really be dealing up with moving prices on active manner.Risk management and emotion handling is really that very crucial when it comes to this.Best trading strategies would be entirely depending on you which you are the ones will really be looking out for the most possible strat that would fit out your style and preference.
All of us are speculators, there's no such thing about precise and guaranteed strategy that could make you money.

TimeTeller

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Quote from: AakZaki on October 25, 2022, 04:46:36 AM

Quote from: ?? on ??

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

One mistake that you will do while scalping, can wipe out your small profits.
So for me, if you are already doing good, set aside your initial funds after getting profits.
At least, you know for yourself that you already got the return of investments.
And then, just trade top alts as much as possible. Most new alts are very risky to get involved with.

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Quote from: GreatArkansas on October 23, 2022, 06:14:15 AM

Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

The best to use is high market cap coins, Bitcoin and Ethereum pairs are good also check from your exchange using which pair got high trading volume, which means there are a lot of traders trading those pairs recently. And also try to trade with stablecoin pairs first.
Also, avoid using high leverage, less leverage less risk. Practice risk management, don't go all in.

The problem with trading high cap coins like btc and eth is that their minimum is also high and if you place a low amount it will mostly be ignored. If you are a small trader I think it will be better if you will also choose smaller coins so that you are sure that you can trade on them consistently.

Small coins are also perfect for short term trades and not for hodling because we don't know what the future awaits them. Using stable coins in our trades is also great so that we can protect our profit from the effects of volatility. Leverage trade and other unusual/complicated terms are only for advance traders so they are not advisable for now in the OP.

AakZaki

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Quote from: ?? on ??

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

MainIbem

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If you are asking this question i will like to know how effective research have you made to equipped yourself massively than asking, you know one thing common about newbies is that they want to packed all knowledge instantly than given much attention to study read and get reliable material that could get them prepared. Get me no wrong but i will refer you to search on Youtube which might give the best trading trading guidelines that you wants.

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

Cryptocurrency for some people may sound very profitable and can also be used as a promising additional income, but there are some precautions that may need to be taken before jumping into the crypto world.
And one of them is understanding your own unique strategy or being yourself, because everyone is unique, and so is everyone's strategy. No two strategies will ever be the same. Therefore, taking the time to understand your unique strategy and work to improve it is key, other people's strategies can help you improve or change them, but you can't copy them because everyone's situation is different.

Sebas.tian

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Quote

For strategy that is most effective for newbies is just buy and hold for long term. You can never go wrong with this one. You'd be surprise how much you could have after waiting for several years. This is as long as you hold for a longtime.

Its usually BTC/USD. It could be stablecoin like USDT which mostly are trading. So BTC/USDT in monthly chart for futures market, this could be profitable but you should be careful though. We yet have no idea if the market will really bounce.

I agree with you, because buy and hold for a long term is a popular strategy many potential traders used to make a huge amount of income from the market. Now that the price of Bitcoin is low for you to buy as much you want in this bearish market and hold, I think it will really help you to be part of those that will celebrate in future when the bullish market appear in the market, which is the best market both long term traders and short term traders will like to sell their coins for profits purpose. BTC, USDT, USD are stable coins you can try and invest and hold for long term before you can sell to smile like the way other traders are smiling with their profits.

Slow death

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

first step you have to choose the pair BTC - USD or BTC - USDT

second you have to learn technical analysis very well and choose the 1h or 2h or 4h or 8h candles and then when you are in a strong support and you see that there is already a trend reversal then you buy and wait even if it is days or weeks or months until the price touches a strong resistance and has a trend reversal to a downtrend and sells, that way you will be able to buy a lot low and you will be able to sell a lot at the top, day trading in very short time periods is something that you will have few profits

Quote from: Lanatsa on October 24, 2022, 04:56:52 PM

Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

Everything you could really be able to look upon on the internet.There are lots of types,variations,ways,methods which you could really be able to check it out.

There's no such thing about best strategies because you are the ones who would really be finding out on which strategy would really fit out your style.Even if you do tend to follow up on someones strategies

wont really guarantees out that you would really be able to make profit the same way on what that person been doing.There's lots of factors which would really be affecting yourself
when it comes to trading aspect and outcome where its always been best to make yourself learn on your own way and discover things on your own way.

most of the advice on the internet is from people who are more concerned with making money from viewings and selling courses, they don't provide complete information, they give you a part of information and they force you to buy a book or course in order to have access to all information, which in my opinion is something that is not worth paying for these courses, the person needs to take a small amount of money and practice, of course, you should download free courses just to serve as a base

Lanatsa

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Quote from: To.Nick on October 22, 2022, 03:28:42 AM

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.

Everything you could really be able to look upon on the internet.There are lots of types,variations,ways,methods which you could really be able to check it out.

There's no such thing about best strategies because you are the ones who would really be finding out on which strategy would really fit out your style.Even if you do tend to follow up on someones strategies

wont really guarantees out that you would really be able to make profit the same way on what that person been doing.There's lots of factors which would really be affecting yourself
when it comes to trading aspect and outcome where its always been best to make yourself learn on your own way and discover things on your own way.

Topic: Best Strategies for Trading. - page 5. (Read 1261 times)