If you are a leverage trader which I don't recommend, you can go for the tight stop loss, even in the spot market you should manage the risk properly based on every trade as your TP and loss. As a trader your goals should be clear, you should be mentally prepared and plan how much profit in this volatile I want to make and how much loss you can afford if anything uncertain happens.
As most of the trade in such market seniors are in profit, I'm excluding short-term trades you should book profits according to plan, at least get something out of the market because never know what is going to happen so booking profit is also risk management, and cutting loss = profits. Keep a close eye on the news because, in a bullish market, news has a huge impact on the market. That it a quick overview of check list in the uncertain market for more keep posting (Just kidding, trying to put some spice in the post).
Topic: How you trade in uncertain times? - page 5. (Read 548 times)
Share some of your experiences or tips on effectively trading in these uncertain times.
It is not mandatory to always trade as a trader.A big part of the skills in trading is also knowing when to trade and when not to trade, and times of uncertainty are one period where a trader has to totally avoid trading. It is wise not to trade during such times. During uncertain time, decision-making are mostly based on assumptions. When you are unsure of the direction of the market as a trader, it is best to just observe the market and see it's behavior, so you can learn for another time when you see the same movements.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stable coins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
in order to optimize profit on your trades its most advisable that you stick to the stable coin and bitcoin because that way you can be sure to an extent that you wouldn't be really affected by volatility because these coins have got that stability that doesn't allow them to be swept off by any form of volatility just like it does with other altcoins and sometimes these altcoins could be manipulated such that it will get all the investors in by presenting it to looking like it really promising and having a future ahead after which such can may likely get to be ruggpulled more like a pump and dump project.So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stable coins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
With bitcoin buying and hodling remains the best strategy especially if you would wan to be investing in the long term and not the short term where you are looking to getting to taking the the profit almost immediately and probably ending the trade, short term is very good with altcoins because they are usually usually affected by volatility so easily so its most definite they may not get to do well in the long term and then you may get to loose your fund but if you are investing in altcoin for the short term the you must keep a good watch on your asset and trad so as to known when volatility is expected and when to exit so you get to maximize profit.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
To protect your capital, you must make sure that stoploss is always in most of your trades, no shop loss in any of your trades means you are risking your capital, short and long squeezes can happen anytime and it's something you can't even control from this market, don't forget to make use of it regularly.
Learn to use risk reward ratio, if the trade can't give you more than what you are trading in 3 times more, it's not worth taking the risk. People who make this mistakes are mostly daily traders, you are risking a trade with a capital of $1000 for a $50 profit, it's not worth it.
Understand and read the market before going inside, take the weekend off if you must because times like this are move by manipulation, only week days can give you true information and you know true information is what drive the market, false information will only lead to price manipulation and such can bite you when you don't even expect.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
In uncertain times, it's better to cash out and wait for later times when the market confirms its next trend and you can use your fiat or stable coin to enter it again.So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
It does not help you to gain additional profit in uncertain times but it does help you to avoid loss. Protect your capital is not a bad practice and because the market is always here, you can enter it again anytime you feel safer, more certain and with intact, no lost capital after exit it in uncertain times.
In uncertain times, trading or holding altcoins is very risky and it's better to exit and wait. It can cause you to miss better prices of altcoins but it is very helpful to avoid loss with altcoins if you predict the market trend inaccurately.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
I usually have a FOMO in time like this which I don’t care whether the price will go down since the amount is just enough to makes me satisfy and to avoid being left out when pump comes.
I don’t do full trading on price near ATH since there’s a lot of instances in the past that heavy correction will occur if there’s no new buyer to pump the price above ATH.
Minimal DCA and range trading is the best on uncertain time like this one.
Traders' range is usually narrow in a day or 10 days at most, so fluctuations in such a period are limited, unlike investors who are looking for a wider range. Therefore, traders are not looking for solutions to protect their investments, but rather how to take advantage of fluctuations to increase the liquidity available to them.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
Everybody has a trading different strategy because everybody is in a different situation. So, I might be using a conservative strategy that aims at wealth preservation but it is because I have a big portfolio which I can't risk on one asset. If you have a smaller portfolio, you might want to go all-in on one asset and hope to get lucky. People do that and grow their portfolios all the time. Then they diversify their portfolios into other assets and asset groups.
The markets are always uncertain if you don't know what you are doing. To those who make money, there is no uncertainty.
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
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