Topic: Trading Strategies changes with time - page 12. (Read 2324 times)

We know really while that market changes time to time and no coin having constant price because they are all are changeable and another thing we can't tell about any coins by ourselves before analyzing the coins and knew about their previous results as from their trading graphs, So, it will helps us a lot.

Are you suggesting coming up with different strategies after a certain period of time because markets change over time ? If this is the suggestion am not for the idea!
FYI would be more rewarding to stick to one strategy and perfect it along the way unlike moving from one strategy to another . If people are losing money because of trading it could be because we using huge lots, not taking profits at the right time or trading on the wrong time frame with a small account....for example you can't day trade on a $50 account because there is simply no room for drawbacks and brokers spread.

Indeed. We need to have lot of plans if the other plan won't work. And also, everything changes with time and trading is not an exemption. Once you trade, you must expect that there are changes happen especially market prices are not stable. If market prices changes then it means you need to have another strategy to earn profit. You also need to learn on reading market movement since it is very important for you to avoid such losses.

The strategy cannot constantly work and bring profit, sooner or later it will start to fail due to the fact that the market will change.

The crypto market is unstable and the trend is constantly changing. It is necessary to develop an effective and profitable suitable trading strategy according to the market situation.

According to trading experience, use trading strategies suitable for new forms of the market, and adjust the previously used easy-to-loss strategies to reduce economic losses.

You are right as crypto trading is volatile, everything can happen any time, so, we will change and apply new strategies according to the situation which market required. So, it will happen many times, as time and market is changeable, so try to obtain those strategies which are helpful for you always in any situation and will profitable for you as well.

Honestly, do you have a more than 60% accuracy in predicting turning points in the market? Because honestly, I believe many of the posts in this topic, as if they are market wizards, are laughable.


Can you teach us plebs what strategies we should by using?

I might be wrong but a trader's behavior and attitude never change, even with years of experience. There are traders in my city who are doing this thing for years and every time I met them because we are sort of friends, they always tell me similar things about their trading. Maybe it's different from crypto trading.

That makes sense. If 99 people are doing the same thing, they will never be a match for the 1 who reads their moves and acts accordingly. It is the "survival of the fittest" which means the one who learns new things and modify themselves will have the best chance of making money in this market.

Yeah, this is because traders' behaviors also changes over time. When you are once experienced among market fluctuations and trends then you will able to predict turning points of market very easily and when more people start doing that and trying to catch such points too earlier then market will start showing changes in its fluctuations. So, we need to update our skills and strategies to compete against all other traders.

It is kind of who is going to be different than the rest of all others. Those traders who are learning continuously may get chances to catch maximum profits before all others start booking profits and those who are not updating strategies might be waiting more to book profits but market may start falling down more rapidly before they react.

OK, harizen. What are those strategies/trading styles that you use to make those profitable trades you do under different market behaviors.

Because I see many posts, but very little information on “how” to do it.


But what’s the most profitable trading strategy for you?

Isn't it obvious that we should have lots of ammo in order to deal with the market? Of course, don't stick to a single strategy because of different market behaviours and market trends. That's why building experience is the key for us to create multiple strategies that can be used on a certain trend.

Not that simple to create though as strategies will have their own trial and error. Regardless, soon we can improve those and able to use them on our future trade.

There is only one trading strategy I know in trading cryptocurrency

As I am the known stupid one in the forum, I would like to ask all of you experienced traders who has posted in the topic to tell us which trading strategies still work, and which strategies don’t work anymore, then tell us why and what market situations make them “not work”, and what adjustments should be made.

correct that's why making technical analysis is a must when it comes trading.. And fyi mate it depends if you're a short term trader or a long term trader. Wherein if you preferred shorting of course you need to keep updated to the coin you trade because growth rate always make changes everytime and it depends what time frame you choose.
So you need to stick to the news every time so that you know what to do in every situation that will occurred during your shorting.

And when it comes long term trader, for me no need to worry because all you need to do is to make technical analysis just to confirm the situation, especially if you know that you bought at the very low which the support and you follow the trend base on what's the results of your TA. nevertheless not everytime you need to keep monitoring it. Probably 2 times a day is enough and yes of course the new as well is the most important so that you can dump when you know there's a worst situation to come to save your profits and then buy again when its very low and keep holding..

That's it mate. Because we have two types of traders, if you're pointing to those day trader, well yes you're right because its very important to monitor your trade to avoid losses..wherein you need a back up strategy as well for protection.  

That is why having another trading strategy will be recommended to prevent the changing of the market anytime. If you already learned many lessons about making the trading strategy, you will see what kind of strategy you can use to adapt to the situation without taking too long. You can know when you should leave the market before the situation becomes worst and getting losses.

If you are not ready with your strategy or doubt that your strategy can work in the market, maybe you need to calm down for a while and not trading at that time.

The structure has changed in strategy, as thousands of house projects have been built over the years, looking at the drawing may not be different but the old texture exists only in a few important points, the rest will apply advanced techniques and methods, this can also be applied to buy low and sell high strategies, which may only revolve around the trader's virtues and entry points but invisibly have new approaches and new goals. The market is already unpredictable, the strategy can't just boast about the old theory, it is necessary to apply even the smallest changes.

I am still talking about crypto market in that last post, the old strategies for the crypto market is still working today and I don't seem to see any problem with mine doing the same old.I always have volatility in mind but I embraced it and know how to work it in my favor.

Some of the old strategy might work but not all, The old strategy was intended for currency or stocks that has a low volatility unlike Bitcoin which is prone to manipulation and easy to price swing. Many traders even professional is having a hard time on crypto trading because there's only few big player playing on it which means anyone that a huge stock can manipulate the price regardless on what is the chart showing. Having an unregulated exchange is giving a hard time to trust if crypto is really a manipulation free because no one knows if exchange itself is the one who dictating the price since they are the first one who will get the news of listings and other info that might control the market.

That depends, most strategies in trading will work no matter how old it is, I think the market is the only one that changes, we just don't perceive it that way so we think that as the market changes, we thought that the strategies change too.

I think that one strategy alone can be enough to help you which is important to do it consistently. The main goal in applying a trading system consistently is to reduce noise (low accuracy signals), or doubts that often arise due to changing trading methods too often , or when opposite trading signals appear from different indicators. In short, whatever trading system you choose, learn to use it consistently without having to make radical changes. So, you can still make minimal modifications to improvise to changing market conditions.