Pages:
Author

Topic: My trading strategies (Read 1307 times)

sr. member
Activity: 1596
Merit: 299
March 16, 2022, 05:06:56 PM
Trading is based on your strategy. Don't trade with emotions. For you to start making profits in trading. You have to learn to avoid greed in trading. Greed has pull down so many traders and liquidate so many traders trading account. For starters, set your daily targets, once the trading reach the target, close your trade for that day, although some individuals practice long term investment, while some choose short term investment. Long term gives you Hugh profits while short term gives you profits which you would use from day-to-day.
I do believe that there is a good chance we could end up with something that is beneficial for everyone. I believe that we are talking about emotional traders who lose money but they do not just throw that money down the toilet, they are losing it to veterans.

It means that either you are a veteran who knows what they should do and take the money from people who make mistakes, mainly newbies or you are a newbie who loses money but has a potential to become a veteran in the future who will make profit. So, everyone has something to look forward to and emotional trading is something people do for not too long, they will learn to be better given enough time.
full member
Activity: 560
Merit: 143
Active 24/7
March 14, 2022, 07:58:58 AM
Everyone has their own strategy and I have seen some crazy ones that worked and a very logical ones that ended up not working at all. I do not know what could be the reason why we are seeing something from everyone to say "this won't work" or "this is good" because we have seen all kinds of crazy methods before.

Anything can work if you are on the right side of the trading world, doesn't mean that you will be, but nothing guarantees you profiting as well as losing. So just do what you want to do, do it in a way that is cool for you and in the end we are talking about making profit. That doesn't mean that you will at all times, but you can at least adjust it.
Trading is based on your strategy. Don't trade with emotions. For you to start making profits in trading. You have to learn to avoid greed in trading. Greed has pull down so many traders and liquidate so many traders trading account. For starters, set your daily targets, once the trading reach the target, close your trade for that day, although some individuals practice long term investment, while some choose short term investment. Long term gives you Hugh profits while short term gives you profits which you would use from day-to-day.
hero member
Activity: 2786
Merit: 578
March 14, 2022, 07:21:35 AM
It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it  won't have the patient.
Well, the strategy is really for long term and he's said that when the market is down and likely in a bear market. It's the time he's packing and getting more to fill his bags.

It could also work for short term investors and traders. But we have no idea if there's going to be an accurate time that it will work on it as strategies are likely to work or not at the right time.
sr. member
Activity: 1568
Merit: 283
March 14, 2022, 06:32:23 AM
Everyone has their own strategy and I have seen some crazy ones that worked and a very logical ones that ended up not working at all. I do not know what could be the reason why we are seeing something from everyone to say "this won't work" or "this is good" because we have seen all kinds of crazy methods before.

Anything can work if you are on the right side of the trading world, doesn't mean that you will be, but nothing guarantees you profiting as well as losing. So just do what you want to do, do it in a way that is cool for you and in the end we are talking about making profit. That doesn't mean that you will at all times, but you can at least adjust it.
hero member
Activity: 2786
Merit: 606
March 14, 2022, 06:18:15 AM
Here is a list of the different crypto investment strategies. I noticed that these strategies are used by those traders who have been in the cryptocurrency market for a very long time. New traders start to panic and not stick to this or that strategy and their balance tends to zero.
I check the link and I think most of it are not a strategy but just a basic guideline here in crypto. If there are few on your list that I think a real strategy I think that are the DCA and riding the wave. Those who are in the market already for a long time already know most of those things.

For the newbies it's okay if they cant follow all what is written but they can start on the very basic first which is securing asset storage. We should not easily blame our strategy because we think that it wasn't working but we should remember that the outcome that we will get is also depend on the coin that we choose. A working strategy can fail too sometimes but let us not panic and let us not change it for a while.
newbie
Activity: 28
Merit: 15
March 13, 2022, 05:36:55 PM
It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it  won't have the patient.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
March 13, 2022, 05:04:12 PM
The good thing here is that it works for you. The problem is that it works when others do it. Although I see you alone in claiming that you are not an amateur businessman, maybe other people will try what you are doing and get leaders.  Almost the same result can be assumed that you also have on everything
I don't always believe in all these trading techniques as their never guarantee steady profits and again this may work for the op but may not work for me since our experiences differ if the op can give more detailed information on the way him/her applied this strategy to gain profits. Just like a step to step guide.

It isn't easy to follow a certain strategy, and you are right even the strategy works for other people but not for everyone, you can use it as basis and try to study if that also fits for your trade or if you can customized and makes it workable, things always rely from how you see the business, if you are keen on learning more in-depth details you can gain good outcome.

If you are willing to go deeper, all the information can be sorted and pick whatever you think is valuable while doing this business.
hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
March 13, 2022, 07:19:23 AM
The good thing here is that it works for you. The problem is that it works when others do it. Although I see you alone in claiming that you are not an amateur businessman, maybe other people will try what you are doing and get leaders.  Almost the same result can be assumed that you also have on everything
I don't always believe in all these trading techniques as their never guarantee steady profits and again this may work for the op but may not work for me since our experiences differ if the op can give more detailed information on the way him/her applied this strategy to gain profits. Just like a step to step guide.
member
Activity: 252
Merit: 10
March 13, 2022, 06:42:35 AM
The good thing here is that it works for you. The problem is that it works when others do it. Although I see you alone in claiming that you are not an amateur businessman, maybe other people will try what you are doing and get leaders.  Almost the same result can be assumed that you also have on everything
full member
Activity: 1708
Merit: 105
February 22, 2022, 08:14:35 AM
Broadly speaking we must know the meaning of the trading strategy; a trading system with a clear set of parameters, which are then used to generate trading decisions to buy or sell and when or at what price to enter and exit transactions. Using the basics of fundamental and/or technical analysis.

nowadays many people use trading according to what can be done and it is clear what is best for them, can be trading news, day trading, scalping trading etc.
in my opinion it is clear that I prefer daily trading even though we need to continue to pay attention to the movements of what we are trading, but the achievement is faster even though sometimes it can also be lost because we are not careful.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
February 20, 2022, 06:16:01 PM
This can only be possible with stable assets and Bitcoin is the coin that can guarantee the source result, bitcoin strategy is easily understood to flow with the market trend, and since Bitcoin control another trading asset such as other altcoins. Bitcoin market strategy can work with all the markets as the movement of their market depends on Bitcoin only direction it take.
It's guarantee in the long term but some newbies might take it wrongly that after investing in bitcoin, they may get an immediate result positively as said for being guaranteed.
They have to understand that whichever strategy they try, it takes one time to tango and they have to flatten their patience for so long. It's always like a dry run, a lot of tests for making one strategy to work effectively whether long term or short term.
newbie
Activity: 14
Merit: 16
February 20, 2022, 04:19:41 PM
First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.


That is an excellent strategy, but that means that you have had very good vision regarding altcoins and some good luck, because there are many altcoins that have not yet started since 2018, however I know the logic you apply and it is very good What criteria do you take into account to buy altcoins? do you apply technical analysis? Or do you only buy the altcoins that are closest to the Top of CMC? When the price of Bitcoin falls, what do you do is buy altcoins? What happens is that when Bitcoin falls in price, altcoins tend to fall faster, the important thing is to know at what time you can buy that is the lowest point, since if you buy at some point the same altcoin will fall much more.
Yes, I agree with you, this is what most traders do and they also make profits from this way.

I believe when it comes to trading you do it the way you understand better.
hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
February 19, 2022, 05:28:43 AM
This can only be possible with stable assets and Bitcoin is the coin that can guarantee the source result, bitcoin strategy is easily understood to flow with the market trend, and since Bitcoin control another trading asset such as other altcoins. Bitcoin market strategy can work with all the markets as the movement of their market depends on Bitcoin only direction it take.
newbie
Activity: 2
Merit: 0
February 17, 2022, 08:59:17 AM
First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

Interesting tehnique ... a friend of mine explained this to me .... its because when bitcoin rises people sell altcoins to invest in BTC .... and when BTS is pretty high people start selling on profit to invest in altcoins because they re low...this result in altcoins growing and BTC dropping.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
February 14, 2022, 04:38:23 PM
First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

I don't think this strategy still work in the market now, the market sentiment has since changed, it's like majority of Altcoins price movement is in tally with the movement of price of bitcoin though lagged a bit behind, the movement of price of bitcoin is like an engine pulling all other altcoins, thus I usually monitor the price of bitcoin first before taking a decisive action of trading any altcoin/ USDT pair, basically my trading strategy was built around this technique of price movement and Price Action in sharp contrast with altcoins price movement in opposite direction.
I think that OP's strategies still work even the market is changing. Buying altcoins during the dip is literally a good idea then unless you bought useless coins like meme coins as this is no way to make it profitable. Perhaps, I've been using this technique very often, I bought top-listed coins in the market at that time, then just hold waiting for the recovery. In fact, this can also be applied to Bitcoin as well. It has no difference and even we can say it was a basic strategy but this really works.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
February 14, 2022, 11:33:17 AM
First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

I don't think this strategy still work in the market now, the market sentiment has since changed, it's like majority of Altcoins price movement is in tally with the movement of price of bitcoin though lagged a bit behind, the movement of price of bitcoin is like an engine pulling all other altcoins, thus I usually monitor the price of bitcoin first before taking a decisive action of trading any altcoin/ USDT pair, basically my trading strategy was built around this technique of price movement and Price Action in sharp contrast with altcoins price movement in opposite direction.
hero member
Activity: 2786
Merit: 646
February 12, 2022, 03:59:19 PM
Set Aside Time, Too. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Cut Losses With Limit Orders. ...
Be Realistic About Profits. ...
Stay Cool. There are times when the stock markets test your nerves. ...
Stick to the Plan. Successful traders have to move fast, but they don't have to think fast.
we all have different trading techniques and different ways of dealing with a very fast moving market, all these different things I think are very reasonable even though in the same goal we want to achieve profit. There are many technical trading theories which overall are very difficult for us to apply in the market.
I think there is nothing wrong with our trading techniques, maybe the most important thing that we must control properly is the emotion not to be greedy, the rest I think all techniques will give profit at the right time.
We do really have our own ways and we are the ones who do know on what to do whenever on what condition or situation we are facing in and we know that there are lots of types which you could make use of and its true that there's no such thing about trading strategies that would give out 100% precision that's why its no sense that you would be copying others strategies.

Also you could see all of those stuffs online if you do tend to research and you know that this isn't only the factor which you do need before you could make out profitable trades.
You would need other into consideration like emotion and stuffs.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 03:31:18 PM
I will say that you have mastered the trading strategy, from the reviews you gave I appreciate your win. everyone will have a different way of trading, because trading beliefs are based on their own knowledge and skills, meaning that no one is the same. but in general traders will look for opportunities to buy when the market is at its lowest price, but this is very difficult for us to determine.
Not all would really be successful into this career which means neither you would missed out or not then for someones who do able to sustain themselves into the market

then its well done since  this condition isnt something that someone could achieved off easily thats why consider yourself a good trader when you do make out profits

despite of these price volatility and unpredictability.Strategies would vary into each person or trader but we do still share up on the same goals.

Not all are meant to succeed only those who really have that right mindsets and skills who can convert their efforts to a good money making system, if you will dedicate your time studying all grounds that affect this business, the chance of creating a good system that will work while you are inside this market.

Strategy helps you to anticipate your entry/exit position, with a working one you can buy and hold.

In hope that the market will favor you, not an assurance but a good way to extend your patience when you have sets of
plan when participating in any trade.
member
Activity: 616
Merit: 11
February 12, 2022, 12:13:21 PM
Set Aside Time, Too. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Cut Losses With Limit Orders. ...
Be Realistic About Profits. ...
Stay Cool. There are times when the stock markets test your nerves. ...
Stick to the Plan. Successful traders have to move fast, but they don't have to think fast.
we all have different trading techniques and different ways of dealing with a very fast moving market, all these different things I think are very reasonable even though in the same goal we want to achieve profit. There are many technical trading theories which overall are very difficult for us to apply in the market.
I think there is nothing wrong with our trading techniques, maybe the most important thing that we must control properly is the emotion not to be greedy, the rest I think all techniques will give profit at the right time.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
February 12, 2022, 09:40:39 AM
Set Aside Time, Too. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Cut Losses With Limit Orders. ...
Be Realistic About Profits. ...
Stay Cool. There are times when the stock markets test your nerves. ...
Stick to the Plan. Successful traders have to move fast, but they don't have to think fast.
Pages:
Jump to: