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Topic: What are your trading strategies ? - page 3. (Read 750 times)

hero member
Activity: 1610
Merit: 507
June 23, 2021, 02:45:32 AM
#57
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.

Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
In this situation, day trading will be a good choice because the market can move up and down many times, and if we can enter the market at the right time, we can expect to buy low and sell high. We have many times to repeat the process to buy low and sell high every day because bitcoin and altcoin do moves good so we can make a profit. But all of that will not work if we do not analyze and only hoping from the other people's suggestions because we can get a wrong signal from them.

If you can analyze by yourself, you will see the chance for yourself to enter the market and you can use daily trading means short term trading or long term trading to make more profit in the future. As long as you do not chase a bigger profit, you can make a profit.
Yes I also often talk like that that in cryptocurrencies doing analysis is very important,
both when trading and when investing analysis has an important role but it's not easy we need to learn,
by doing our own analysis at least we can know what decisions we will make later
personal analysis must be honed, because we can judge the development on ourselves. because there is no professional trader without going through the process, and experimentation in trading. maybe everyone has a different trading scenario strategy, but basically we all have the same goal, which is consistent profit
Every pro trader will always research before they start trading because they need more information about what is happening. If they found that the market is not moving well, they prefer to hold for a while and not enter the market. They will create more than one strategy based on the market movements and if the market moves to a different way, they will use the other strategy to trade still and make a profit.

Some traders will prefer to make a small profit but consistent, while the other trader prefers to make a big profit at once. But they will make sure that they will have that chance to achieve their goals.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 22, 2021, 10:36:43 PM
#56
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.

Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
In this situation, day trading will be a good choice because the market can move up and down many times, and if we can enter the market at the right time, we can expect to buy low and sell high. We have many times to repeat the process to buy low and sell high every day because bitcoin and altcoin do moves good so we can make a profit. But all of that will not work if we do not analyze and only hoping from the other people's suggestions because we can get a wrong signal from them.

If you can analyze by yourself, you will see the chance for yourself to enter the market and you can use daily trading means short term trading or long term trading to make more profit in the future. As long as you do not chase a bigger profit, you can make a profit.
Yes I also often talk like that that in cryptocurrencies doing analysis is very important,
both when trading and when investing analysis has an important role but it's not easy we need to learn,
by doing our own analysis at least we can know what decisions we will make later
personal analysis must be honed, because we can judge the development on ourselves. because there is no professional trader without going through the process, and experimentation in trading. maybe everyone has a different trading scenario strategy, but basically we all have the same goal, which is consistent profit
hero member
Activity: 1232
Merit: 524
June 22, 2021, 02:54:07 PM
#55
At first I study the project and it potential. After accessing all the possible outcomes I decide weather to invest for short term or long term. I invest 1/3 of my money at a time in any kind of coin and remaining amount in stable coins. Now a days I usually do day trading as the market is fluctuating and you can earn some profit but the risk is also very high, sometime I have to hold the coins for weeks as your analysis can not be 100% accurate.
sr. member
Activity: 2002
Merit: 250
June 22, 2021, 11:19:36 AM
#54
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.

Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
In this situation, day trading will be a good choice because the market can move up and down many times, and if we can enter the market at the right time, we can expect to buy low and sell high. We have many times to repeat the process to buy low and sell high every day because bitcoin and altcoin do moves good so we can make a profit. But all of that will not work if we do not analyze and only hoping from the other people's suggestions because we can get a wrong signal from them.

If you can analyze by yourself, you will see the chance for yourself to enter the market and you can use daily trading means short term trading or long term trading to make more profit in the future. As long as you do not chase a bigger profit, you can make a profit.
Yes I also often talk like that that in cryptocurrencies doing analysis is very important,
both when trading and when investing analysis has an important role but it's not easy we need to learn,
by doing our own analysis at least we can know what decisions we will make later
full member
Activity: 770
Merit: 101
fLibero.financial
June 22, 2021, 08:30:18 AM
#53
Recently, bitcoin indicator was flashing death cross, death cross on crypto graph is totally different from stock market or other regulated market! Death cross on a trading indicator means a begiing of bearish market market, but in cryptocurrency, it could be the end of a bear market! The truth here is this; technical analysis does not work too well on cryptocurency market! Buying low and average down while you wait for the bull market cycle is your best trading stratergy!
sr. member
Activity: 2800
Merit: 344
when lambo...
June 22, 2021, 07:55:08 AM
#52
Keeping yourself knowledgeable and aware of the market news will keep you with an edge on knowing the market situation and will already give you a hint on what you must do to be able to keep on surviving this highly volatile market. Setting up your stop loss will also help you to keep in control and manage your funds to prevent you from risking it all into nothing. Using technical analysis tools will also be a great help. But if you intend to observe and focus your time into pure trading and nothing else, strategies will come out into your head in accordance to what you are seeing with the market movement and be able to think what can be the best move to be done on such cases.
Awareness and market knowledge are vital tools to help us as traders to create a strategic and more effective trading strategy. And as a trader, I think it is a need for us to make our own way to find what could be the best, not to rely on others to help us. In fact, there are a lot of trading strategies we've known, and yet, we are not sure which one is more effective. Some traders become successful not only of using such strategy but it was because he knows what is best for them.

The truth is that...following/copying other's strategy is not a guarantee that helps you to become profitable but the success depends on how you responded to the sudden change of the market.
hero member
Activity: 1610
Merit: 507
June 22, 2021, 03:58:44 AM
#51
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.

Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
In this situation, day trading will be a good choice because the market can move up and down many times, and if we can enter the market at the right time, we can expect to buy low and sell high. We have many times to repeat the process to buy low and sell high every day because bitcoin and altcoin do moves good so we can make a profit. But all of that will not work if we do not analyze and only hoping from the other people's suggestions because we can get a wrong signal from them.

If you can analyze by yourself, you will see the chance for yourself to enter the market and you can use daily trading means short term trading or long term trading to make more profit in the future. As long as you do not chase a bigger profit, you can make a profit.
legendary
Activity: 2324
Merit: 1101
June 21, 2021, 04:46:37 PM
#50
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.
I agree that always in crypto space, all long term strategies are good to go with. Because, fundamentals of cryptocurrencies are highly suitable for long term holding but unfortunately most of the people here never understand this fact and which is the reason that they are all going for day trading and/or short term trading.

Only very few markets do have such strong fundamental things like real estate and gold hence making use of scarcity nature of cryptocurrencies for easy profits must be the best strategy any trader may go for at any point of market conditions.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 21, 2021, 03:53:47 PM
#49
The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.

Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
legendary
Activity: 2394
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
June 21, 2021, 03:10:41 PM
#48
Keeping yourself knowledgeable and aware of the market news will keep you with an edge on knowing the market situation and will already give you a hint on what you must do to be able to keep on surviving this highly volatile market. Setting up your stop loss will also help you to keep in control and manage your funds to prevent you from risking it all into nothing. Using technical analysis tools will also be a great help. But if you intend to observe and focus your time into pure trading and nothing else, strategies will come out into your head in accordance to what you are seeing with the market movement and be able to think what can be the best move to be done on such cases.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
June 21, 2021, 01:00:29 PM
#47
One of my strategies is always makeup on the market news and the trend lines with signals this gives me an insight about the possible outcome of the market by this it can give an early warning for the next wave if we might experience and another wave of profit or setting up of pull out it's better to keep aware and preventing holding a position which is not preferable that might give us a long term holding.

Currently, I'm using the 1 day and four-hour chart if I want to go for a long-term holding or investment. For the technical indicators, I used the Volume, RSI and MACD.
hero member
Activity: 2786
Merit: 606
June 21, 2021, 12:38:06 PM
#46
my trading strategy is very simple, is to buy coins based on support, and when the breakout also I will buy it,
of course wait first, and don't buy it all in, if you buy all in it is a bad strategy, buy gradually and funds will be safe.
looks simple doesn't it? but this will be difficult to do if you are already trading in the field
How do you differentiate between real support for a coin and just plain hype. Recently when everyone was hyping for the SHIB token, a lot of traders got excited and thought there was enormous support for the token in the market but actually it wasn't support instead everyone was being a victim of the hype created through Twitter accounts and telegram groups.

I make strategies based on technical and fundamental analysis. If I found good and strong fundamental coin, I will hold it for maximum 1 year because that coin has potential to going up multiple times like 5-10x.
I do hold some bitcoins and earlier I never used stop loss for holding bitcoins just like you but after the sudden crash where the market fell down by 50% almost, I have started using stop-loss even for holding and I suggest you do the same because the market despite being mature and large, is still volatile and being controlled by some whales.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
June 21, 2021, 12:12:30 PM
#45
Quote
What are your trading strategies ?
The question like this already asked hundreds time here IMO. Grin Better to take a look before creating new post if you really need some data of people trading strategies.

My strategy is very simple. buy a coin sell them in profit for 3-4 times. where I made 50% profit. Then after finishing 3-4 successful trading when I create another trade I loosed more than 50% which is achieved in successful 4 past trades. LOL

For me Holding btc or a coin on which you have more confidence is best.
hero member
Activity: 2912
Merit: 674
June 21, 2021, 08:37:11 AM
#44

...

How do you trade ? Does someone has reliable info on the strategies of the most successful solo traders ?
I don't think anyone has the information about what the most successful traders do and there must be different strategies and methods different traders use, everyone has a different view towards the market and some might benefit from the bull while some advantage from the bear.

The most successful traders from what I have seen in crypto are those who somehow know the bear run is coming, maybe they are in touch with whales or groups who dump or they are naturally good at reading market but they always know when to sell and when a big crash is coming. Other types of traders who benefit are sharp and they earn based on their quick actions like buying when Elon Musk tweets about dogecoin and sell it when the hype is at its peak.
I'd sometimes think that trading is an individual strategy, couldn't be saying that I am right and your strategy is wrong. Absolutely, not and it is because we have different decisions base on the situation we're facing into. In fact, I try to do copy trading as many saying that it was effective. But I don't know why because it seems to be not it works for me, and that is possible that it never works also for others.

That is to agree with you that NO perfect trading strategy and we can never be perfect for sure. What it makes so important is we enjoy what we are doing despite the losses we got.
sr. member
Activity: 1596
Merit: 299
June 21, 2021, 05:30:14 AM
#43
It seems most amateur traders are swing traders buying spot- to 10x to catch an about 10% move but the most successful traders are probably doing something else.

Arbitrage ? https://www.sfox.com/blog/bitcoin-arbitrage-is-possible-but-not-the-way-youre-doing-it/

Scalping on 1 to 15m candles ?

Market maker / bot strategies ?

How do you trade ? Does someone has reliable info on the strategies of the most successful solo traders ?
I don't think anyone has the information about what the most successful traders do and there must be different strategies and methods different traders use, everyone has a different view towards the market and some might benefit from the bull while some advantage from the bear.

The most successful traders from what I have seen in crypto are those who somehow know the bear run is coming, maybe they are in touch with whales or groups who dump or they are naturally good at reading market but they always know when to sell and when a big crash is coming. Other types of traders who benefit are sharp and they earn based on their quick actions like buying when Elon Musk tweets about dogecoin and sell it when the hype is at its peak.
hero member
Activity: 2464
Merit: 585
June 21, 2021, 04:49:24 AM
#42
I use margin trading (margin, neither spot nor futures).
I watch the hourly charts, then when BTC closes lower (no value specified, but simply lower), I buy it with 10% of my capital. Then, if it closes back below that low, I put in 10% more once the next candle opens. Then, if it closes above the previous (first) candle's high, I sell 10% of my total position and let the 90% profits floating. Then if it comes below the second candle's low and closes, I buy more BTC with 10% of the remaining capital. I hedge. That's my strategy.
Sounds like a good strategy but how successful are you with it? If you could share some stats that would help others as well as me. Also since you are trading in small percentage changes, how do you cope with the market crashes. It must be easy when the bull run is going on but I don't think this strategy would work once a bear run has started.

You are trading 10% of your capital on each round and it only needs 10 drops in prices to evaporate your entire balance and I believe you must be buying with a 1% drop or 2% change in the market so a 10-20% drop can happen anytime during a bad bear run, then all you have is BTC and have to pray that it goes high.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 21, 2021, 03:04:31 AM
#41
I don't believe there are successful and unsuccessful strategies. There are only successful and unsuccessful traders.
Strategies can be tweaked to work in all kind of market environments. In order to accomplish this a successful trader needs to have experience and a special set of skills like risk and emotions management between many others.
I don't have a lot of bitcoin and I have only one startegy, that is to hold my crypto coins during downfalls. I don't believe that there are successful and unsuccessful strategies especially in trading. Trading is like risking everything you have for the sake of some purposes. I agree, that for you to be successful especially in trading, you must take risk and have a lot of experiences on it to avoid such disappointments and also you have those skills that a traders only have. Patience is really important in trading since you need to wait until the price increased.
sr. member
Activity: 1344
Merit: 253
June 21, 2021, 02:15:11 AM
#40
in developing a trading strategy, what I usually do is the main thing is to see the trend and look for areas of support and resistance, after that I will place a pending order in the support area and place a take profit. if the price goes out of the support area, then what I do is cut loss, or if we are lucky then take profit can be achieved
sr. member
Activity: 2590
Merit: 322
Undeads.com - P2E Runner Game
June 21, 2021, 02:12:32 AM
#39
I trade cross margin and my strategy is based on price charting analysis from 4 hour time where I monitor price hitting a support or resistance zone and watch out for Price Action around that zone  before switching to 15 time frame to take a trade with two indicators, I did most of my analysis on BTC/USD chart before moving to a similar crypto/USD where the risk to reward ratio is reasonable that is where I place my trade because majority of them follows btcusd pattern movement presently we are in bearish sentiment I only take a short trades.
sr. member
Activity: 924
Merit: 255
June 20, 2021, 11:37:30 PM
#38
preparing a strategy is not easy, with the target goal we must determine the direction of certain coins to be used as a medium for profit, the most popular coin is still my recommendation, and I want to hold it by increasing the timeframe. I think strategy is necessary, but it is more important if we are able to analyze the trending coin prices.
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