What is the most useful strategy in trading? - page 2.

fravia

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

i am not sure if this is a strategy, i think it is more a rules, so if you want to get profit, buy only when price is cheap and sell only when expensive as this way you will get profit

and sometimes famous people creates panic, that bitcoin will die soon or such, so people starts to sell their bitcoins and price falls, so if you want profit you should never sell them when price falls

Whosdaddy

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

The most useful strategy in trading is long term strategy. Buy and hold for long time like several days to weeks and sometimes longer depends on trend. Using this strategy you can watch the direction of the market. I saw some of my friends use short term and scalping strategy but both are not useful and profitable compared to a long run trader.

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Quote from: rekinthis on June 10, 2016, 11:53:09 AM

Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

of course that best and most useful trading strategy is to sell coins when they are expensive, and buy them when they are cheap as this way you will earn lots of profit if you do that

and personally i sell my coins only when their price is 20% larger than i bought, for example if i bought coins for 100$ each, i will sell them for 120$ each only, or maybe even more

Thats pretty decent, but my take is to hold off if you can more then selling since the price flux always can increase.

The only time I would sell like you mentioned would be if you built a reputable thread to have an on-going liquid portfolio so you can do it on a constant basis.

kennymic1

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trade bitcoin on forex, I reconmend it.

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Quote from: BlackPanda on June 10, 2016, 12:11:47 PM

I save some alt coin that does have a good prospect. I kept it long enough until the altcoin prices rose. but it all takes time. and strength that I use is patience. Strong patience can make all the work to be comfortable.

Any form of trading requires patience, in order to succeed, you need to have a good amount of patience.

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I save some alt coin that does have a good prospect. I kept it long enough until the altcoin prices rose. but it all takes time. and strength that I use is patience. Strong patience can make all the work to be comfortable.

rekinthis

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

of course that best and most useful trading strategy is to sell coins when they are expensive, and buy them when they are cheap as this way you will earn lots of profit if you do that

and personally i sell my coins only when their price is 20% larger than i bought, for example if i bought coins for 100$ each, i will sell them for 120$ each only, or maybe even more

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Quote from: pooya87 on June 08, 2016, 11:25:11 PM

the best strategy is learning how to trade, read charts, understand analysis, and many more in the first place so that you can make decisions on which trade to make on your own and not ask it on the forum because asking it here will only lead to bagholders trying to dump their coins answering you with their misleading information.

and never forget to know with whom you make trades with always be updated with their legitimacy. And have a good monitoring system.

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the best strategy is learning how to trade, read charts, understand analysis, and many more in the first place so that you can make decisions on which trade to make on your own and not ask it on the forum because asking it here will only lead to bagholders trying to dump their coins answering you with their misleading information.

Joel_Jantsen

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Get your game girl

Quote from: gentlemand on June 08, 2016, 06:54:29 PM

Quote from: Joel_Jantsen on June 08, 2016, 06:04:57 PM

I think that's not quite the right approach.

How do you become a market maker? By provoking the emotions of other traders. You get them euphoric, despairing. They buy high and sell low. They get caught up in hype and FOMO. All the while you're swooping up the coins they're giving away.

That's how every alt pump operates and plenty of Bitcoin ones too. You don't reach that position by experiencing the emotions of the majority.

Yes in that aspect its true.But again,if they're logical enough they won't be easily manipulated by commotions.You can you can literally come up with lot of stuff to control emotional aspects of people but only weaker part of the society falls for it.That's why I insist ,logic before emotions.

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Quote from: odolvlobo on June 08, 2016, 12:17:41 PM

Quote from: ravens on June 08, 2016, 02:35:18 AM

Quote from: Mr.Pro on June 07, 2016, 10:14:57 PM

Buy low, sell high.

This is probably the answer that most people will tell you. Honestly, that's probably the only way to go.

Well, "buy low, sell high" is not a strategy. It's a goal.

The best strategy is to gain information that others don't have and use that advantage to make better trading decisions.

true! it is a goal of trading. not strategy at all lol
basically everyone have their own strategy and it is definitely different, but let me tell you basic way to build your own strategy.
there is a technique called SCALPING , it is a technique to get small quick profits. you can make an improvisation after you totally understand what scalping it is. you may want to read more about this through this book http://www.amazon.com/Forex-Price-Action-Scalping-depth/dp/9090264116

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Quote from: CryptoBjorn on June 08, 2016, 07:16:06 PM

Quote from: n691309 on June 08, 2016, 06:23:28 PM

Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

First you should be patient and not trade based on your emotional situation(if any). Before starting to trade on something (in this case bitcoin or altcoin) you should make a research about that coin, see how often does the exchange rate changes, what are the causes etc. Trading is risky so be careful especially with the new altcoins which most of them ends at few satoshi at the end.

Emotion is your biggest enemy when trading. Just have a look at events like panic selling, panic buying. It's devasting and 9/10 times when a experienced makes loads of profit it's because of these events. Making the emotional traders the losers.

In terms what you should do... following your guts and not being afraid to take risks...

For a while i have paused trading bitcoin <- -> altcoin because i can't control the emotions and the more closer is the halving the riskier is to trade because when bitcoin price rises the exchange rate of an altcoin decreases so there will be no profit.

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Quote from: n691309 on June 08, 2016, 06:23:28 PM

Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

First you should be patient and not trade based on your emotional situation(if any). Before starting to trade on something (in this case bitcoin or altcoin) you should make a research about that coin, see how often does the exchange rate changes, what are the causes etc. Trading is risky so be careful especially with the new altcoins which most of them ends at few satoshi at the end.

Emotion is your biggest enemy when trading. Just have a look at events like panic selling, panic buying. It's devasting and 9/10 times when a experienced makes loads of profit it's because of these events. Making the emotional traders the losers.

In terms what you should do... following your guts and not being afraid to take risks...

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Quote from: Joel_Jantsen on June 08, 2016, 06:04:57 PM

I think that's not quite the right approach.

How do you become a market maker? By provoking the emotions of other traders. You get them euphoric, despairing. They buy high and sell low. They get caught up in hype and FOMO. All the while you're swooping up the coins they're giving away.

That's how every alt pump operates and plenty of Bitcoin ones too. You don't reach that position by experiencing the emotions of the majority.

n691309

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

First you should be patient and not trade based on your emotional situation(if any). Before starting to trade on something (in this case bitcoin or altcoin) you should make a research about that coin, see how often does the exchange rate changes, what are the causes etc. Trading is risky so be careful especially with the new altcoins which most of them ends at few satoshi at the end.

Joel_Jantsen

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Get your game girl

Quote from: gentlemand on June 08, 2016, 05:02:58 PM

Trade without emotion. Until you've mastered that then you're prey to the people who have. And I'll bet only the teensy tiniest fraction ever manage it.

How do you trade without emotions ?
Answer : Close your eyes,act you don't have feelings ,be like a typical fuckboy and press random buttons right.

I think that's not quite the right approach,maybe using brains is ? I highly believe it is.Depends on person to person though.I feel the logical one's can only get the bacon outta trades while the dumb ones are picking chicken feathers.
Doesn't matter how emotionally you deal with the decisions if you involve your brains equally ,stuff might work in your favor.

gentlemand

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Trade without emotion. Until you've mastered that then you're prey to the people who have. And I'll bet only the teensy tiniest fraction ever manage it.

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

actually there are many different trading strategies, but i think that most basic and most easy one is to buy cheap and sell expensive, as this way you will make lots of profit

and other good rules for you would be to never panic and never sell your bitcoins for cheap as this way you will only lose your money, remember that their price will always rise back

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

i think the best strategy on trading is timing and patience,dont panic when you see price movement,its just temporary. and this is can make you learn bout market movement. or use trading bot is wise option if you trust any bots.

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Quote from: cookiemonster07 on June 07, 2016, 09:36:08 PM

What is the most useful strategy in trading?

The most useful thing that you can do in my opinion, is to be informed about the stock that you will trade. If you know how the market works, you read all the news around it and study the market, then you can try to make some profit out of it. The sell high - buy low "strategy" is a goal to every trader, but you can never be sure how in what direction the wind will go, so if you are not very sure about it, better to avoid any trading at all... And one last thing - even if you lose some money in the process you must accept it - there is no trader that makes profits 100% of the time!

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