Author

Topic: Most safest and useful trading system (Read 208 times)

full member
Activity: 602
Merit: 111
August 02, 2019, 03:03:30 PM
#14
Hello, I have been testing several trading systems and algorithms. I have been doing for 24 months and I took the chance to open a discussion to share some feelings. Someone believes that Arbitrage is the safest and best way to earn money with Crypto currencies. Main Advantages of using Arbitrage ( when a trade is executed only if you can buy same currency at one exchange and sell lower price on another exchange) trading system is:

1- It should open position only when there's a minimum gap
2- No stop loss and reduce risk
3- Many win small trading positions every day.
4- You decide a % to win so that fees are always paid
5- Even for newbies

Disadvantages

1- Always recharge different wallet om different exchanges
2- Requirement of several exchanges to perform good
3- Very low quantities available to trade
4- Some positions can't be closed due to market volatility
5- It requires a lot of manuality to be correctly handled.

Regarding other trading system, my experience shows that

1- Algorithm do not perform well yet in Crypto. Some Good ones are Stochastic and standard bollinger bands
2- Open limit position is better as you can save several trading fees
3- Scalp can be profitable only in growing or lowering bullish period.

What do you think?
what time thinking is every field had both the good and bad things we cannot say this will make only the good things using this system because if it Technology developed the problem can increasing very much that's why I am saying this.
hero member
Activity: 2968
Merit: 687
August 02, 2019, 11:03:51 AM
#12
Have you ever considered Options trading?
-snip-
Binary option kind like pure gambling for me.
The difference between binary and forex are :
- In options, trading size is determined by capital (whereas in forex using lot system)
- In options, close positions only use expiry time method (while in forex has 3 methods of close positions)
- Traders in forex will definitely connected directly to market. While the traders at option will connect to bookie.

(I'm using IQ option btw  Cheesy )


Same IQ option user here in the past but I did eventually leave out yet ive been wrecked up.Im not saying they are shady but I do spot out some
price ticker manipulation where spikes in result into such loss of your entry either high or low.

It is indeed like pure gambling specially options do have that very short duration on knowing your entry results.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
August 02, 2019, 09:19:36 AM
#11
I'm really going to kill the vibes in the trading section here, but the best way to trade (and the tried and true must profitable one) is to not trade at all. If you don't touch the trading scene with a 10 foot pole, you have the best chance of making money -- not only here, but in traditional asset classes as well.

HODL.
hero member
Activity: 994
Merit: 593
aka JAGEND.
August 02, 2019, 08:21:16 AM
#10
Have you ever considered Options trading?
-snip-
Binary option kind like pure gambling for me.
The difference between binary and forex are :
- In options, trading size is determined by capital (whereas in forex using lot system)
- In options, close positions only use expiry time method (while in forex has 3 methods of close positions)
- Traders in forex will definitely connected directly to market. While the traders at option will connect to bookie.

(I'm using IQ option btw  Cheesy )

legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
August 02, 2019, 07:21:08 AM
#9
Have you ever considered Options trading?
You could either make a sell call and collect premium weekly on Sparrow Exchange. And for the other case,

I'll give you a simple 1 week scenario.

It's Monday. BTC @ 10k

You buy a put for 1 BTC @ 9k expiring on Friday for $100
[if BTC falls below 9k, you can force someone to buy your BTC at 9k]

Wednesday, BTC flies up to 13k. You won't get stopped or liquidated. You are fine. Keep sipping your cocktails.

Thursday, BTC flies down to 7k. Still not your problem.

Friday, BTC settles at 8k at 4pm Singapore time. (For Sparrow Exchange)

Your profit is: 9k (strike price) - 8k (settlement price) - $100 (cost of premium) = $900

$900 profit from using $100. 9X return.

The link is in my Signature. Do check it out. It is a trusted platform with Bitgo as custodians. Hence it is very secure too.

Edit: You can also check out some options trading strategies on our medium page by clicking HERE.
hero member
Activity: 2562
Merit: 586
August 02, 2019, 06:51:26 AM
#8
Any methods that works for you, then you should focus on it and add more focus and work to it so that you will be able to achieve more through.

Trading is not my main job, it's like a means for earning a side income and that's what it is for me and it has been quite helpful. Like you said, Arbitrage requires having accounts on various exchanges and doing a lot of work in getting to know prices on each exchange and when to apply the strategy and win. Sometimes when cryptocurrency trading starts to give me headache I just a break from it and go for binary trading. I do know there are risks in both, but binary is kind of easy and fun for me. And most times I win.
hero member
Activity: 994
Merit: 593
aka JAGEND.
July 31, 2019, 11:47:53 AM
#7
Yeap, agree.
One example is a product from Digital Humanity Inc..

I have a friend who has that software. He used that software to conduct arbitration trading. I observed his trading for almost 4 months. Results obtained are not profitable. That software has weaknesses in analyzing fluctuating price movements. My friend lost almost 0.4 BTC when using that software. One more weakness, there are extra costs that must be incurred when you want to add additional features inside software.
Arbitrage software only works in neutral/sideways market conditions.

Based on your post, I guess that you are a guy who likes to do scalping activities when trading (scalper). This technique can only be used on exchanges that use leverage concept. For conventional exchanges, this technique can cause traders suffer losses.

jr. member
Activity: 203
Merit: 3
June 18, 2019, 09:39:00 AM
#6
Yes, in fact, about my experience on the filed, I admit that best way for people that have some time to spend on trading, is the scalp fork technique using a minimum leverage. Arbitrage just need some part of trades that for any reason do not get trough, and your profit is lost. Also, better manual arbitrage that automatic ones. Many automatic software open first trade and do not close the second for broker issues and old no quick Api trading usage.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
June 18, 2019, 05:54:41 AM
#5
Hello, I have been testing several trading systems and algorithms. I have been doing for 24 months and I took the chance to open a discussion to share some feelings. Someone believes that Arbitrage is the safest and best way to earn money with Crypto currencies. Main Advantages of using Arbitrage ( when a trade is executed only if you can buy same currency at one exchange and sell lower price on another exchange) trading system is:

1- It should open position only when there's a minimum gap
2- No stop loss and reduce risk
3- Many win small trading positions every day.
4- You decide a % to win so that fees are always paid
5- Even for newbies

Disadvantages

1- Always recharge different wallet om different exchanges
2- Requirement of several exchanges to perform good
3- Very low quantities available to trade
4- Some positions can't be closed due to market volatility
5- It requires a lot of manuality to be correctly handled.

Regarding other trading system, my experience shows that

1- Algorithm do not perform well yet in Crypto. Some Good ones are Stochastic and standard bollinger bands
2- Open limit position is better as you can save several trading fees
3- Scalp can be profitable only in growing or lowering bullish period.

What do you think?
I've seen many of my friends use arbitrage and it doesn't really help traders. The most important thing in this area of investment is understanding. When you know about a project, you will be able to assess how much the value of the token can increase and the risk. We should use our head to analyze the value, it has a higher accuracy rate.
Because the crypto market can happen a lot of unexpected things. so algorithms cannot create a safe thing.
jr. member
Activity: 203
Merit: 3
June 18, 2019, 05:32:34 AM
#4
Any of you tried to work using Scalpink fork system with leverage? I made several tests in bullish period and it seems to work really fine. Just an example:

Using Bitmex. There is a leverage from 1 to 100, but I will never use leverage higher to 10, but just using 10x leverage you should sit in front of your pc several hours a day if you really want to optimize performance. If you use leverage x3 or x5 it is a good compromise, but never use more than 70% of total amount you deposit on wallet as if the value falls down, you must be able to increase margin of every single trade.

Anyways using Bitmex trading system example x3, you can use this technique when market is stable or has no big gaps. Example Btc from 9100 to 9400 Usd. ( these days)

If you can buy at market at 9200, i would buy something at market price, than open 5 lower limits order like 9180-9160-9140-9120-9100 . These orders would allow to buy at lower price in case it happens and maximize profits or limit loosing. I would also put on limit sell at 9280-9300-9320-9340-9360-9380-9400.   In this case  the 2-3% of difference, can become a 4-6% with leverage and can represent good daily results.

You should check only twice a day open new trades or wait accordingly for results and coin price. Btc works even better with this strategy than Eth. Eth has little higher volatility and this can be good but more risky too.

Some consideration. If you have 0.20 btc available, use only 0.14 to trade and leave at least 0.06 as reserve to increase the margin in case of bullish and large deviation. So never invest all 100% in trades. Also, be careful to open max 2 trades at market, and you can open 5-6 trades on limit in buy or sell, not too many. That's whey every day you should check results and move accordingly.

This teqnique is safe enough and can give you interesting results daily and in medium period of time. Earning 4-5% on every trade with leverage support is good. But you must cehck daily and don't think you can earn too much quickly as you can loose margin and most of capital.
jr. member
Activity: 203
Merit: 3
June 17, 2019, 04:42:25 AM
#3
Well, many users would like to learn and earn from trading as up to now, it's hard to find a platform where you can earn interest for holding Btc or Eth or major coins. So, newbies often ask for automatic system to earn from trading. Using automatic system is risky but we can consider 2 main categories for traders using robot. The first is using Arbitrage system; the second is using algo and indicators to predict the growth or fall of a coin value. The4 discussion is to check how many people have real experience and share some real statistics for people using these systems.
member
Activity: 1204
Merit: 38
June 17, 2019, 03:16:46 AM
#2
I am not a crypto trading specialist so it is hard for me understand what are you talking about.

But there is no safest trading method are platform available for us all the centralised exchanges are risky to trade but we are still trading on them just because we are trusting those sites.

There are some decentralized exchanges available but still not popular yet.
jr. member
Activity: 203
Merit: 3
June 17, 2019, 03:10:05 AM
#1
Hello, I have been testing several trading systems and algorithms. I have been doing for 24 months and I took the chance to open a discussion to share some feelings. Someone believes that Arbitrage is the safest and best way to earn money with Crypto currencies. Main Advantages of using Arbitrage ( when a trade is executed only if you can buy same currency at one exchange and sell lower price on another exchange) trading system is:

1- It should open position only when there's a minimum gap
2- No stop loss and reduce risk
3- Many win small trading positions every day.
4- You decide a % to win so that fees are always paid
5- Even for newbies

Disadvantages

1- Always recharge different wallet om different exchanges
2- Requirement of several exchanges to perform good
3- Very low quantities available to trade
4- Some positions can't be closed due to market volatility
5- It requires a lot of manuality to be correctly handled.

Regarding other trading system, my experience shows that

1- Algorithm do not perform well yet in Crypto. Some Good ones are Stochastic and standard bollinger bands
2- Open limit position is better as you can save several trading fees
3- Scalp can be profitable only in growing or lowering bullish period.

What do you think?
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