Topic: What is your trading plan? - page 35. (Read 31361 times)
I think in the world of cryptocurrency trading it is very hard to make a strict plan and follow them. Because in cryptos you never know what could be and what will come. So thats why i think its not very helpful to make a strict plan. I do not hae one,i just go with the flow from the market!
Most investors consider a reduced risk on unstable scenarios apart from a simple option comes out, such as a new token.
at the moment I do not have any plans to trade, because the market price is now down again and also the price of all coins is not a guarantee for us to have an advantage, maybe if the bitcoin price goes up I will start trading.
in trading I am more likely to use short-term strategy, because in trading always monitor the movement of every moving graph, and I do not like to wait a long time to trade.
I started a course on trading not so long ago, it's really cool, but based on what I've been through, I can say for sure that this is a super interesting job, but if I say that I can apply my skills in practice, it's already scary.
The current market tells us to accumulate more and hold until the market gets back to its senses. Nothing much to do now unless you want to sell at loss. We're approaching to Q3 and we're getting hopeful again for our next profit and we can see what will soon to be unfold for cryptos.
My trading strategy is to trade long term, one of them with a token hold that I already have, let alone now the token has come down.
For the meantime I am also into hold of my coins during these time of down market. This is good that we have plans for our coins which we can hold for long term. Without having plans we get even losing money.
My trading plan is long term period. This market always improve itself to rise in all the world. The all World understood that BlockChain can create new social life, new balance, more freedom so This market will rise and grow in a every day so prices sometimes decrease but you believe that always gain more profit than it.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
Both short term and long term I have pre-defined plans and guidelines. I always have a target profit and unless the situation changes dramatically I will stick to it. Having a plan in mind before you make trades allows you to effectively remove emotion from the situation.
The plan for trading for each person may be different. I will be buy the coin and sell them with deep consideration analysis. Trading is something urgent to be updated every time. Here, when trading, some strategy and plans that I use:
- Never buy the coin when it is on booming or fomo with the high price. Just buy the coin that is good for trading in the low price and sell them in the higher price.
- Analyze the coins that may have fluctuating and volatile prices in order to make profits sooner.
- Never buy the coin when it is on booming or fomo with the high price. Just buy the coin that is good for trading in the low price and sell them in the higher price.
- Analyze the coins that may have fluctuating and volatile prices in order to make profits sooner.
My trading strategy is to trade long term, one of them with a token hold that I already have, let alone now the token has come down.
As of now I'm just stocking up. There's no motivation for me to trade much in a bear market such as this. Let this bearish trend take time so when the bull run comes yet again I'll be ready to off-load.
I combine two strategies. When the market goes down I apply scalping strategy, when it grows I trade on week graphic.
Scalping while the price going down is so risky but is depend on your trading skill like what you do you earn profit in that strategy well heres my strategy I buy altcoin when ema, macd & rsi give a good sign to buy then sell when it is oversold to avoid stock on the price.
Dont be greedy in trading 3 to 5% is a good income daily.
I will take both if it is profitable because the current market is very bad, but I am more interested in the long term because then I enjoy the journey of cryptocurrency that I have and for the short term alone I choose because of the urgent need so I take the option, but for you remain durable for big profits later this year.
I believe that price will high more than now, so my plan to keep what I got for now. Having a plan in mind before you make trades allows you to effectively remove emotion from the situation. I prefer a long-term investment, so I will hold the altcoin I believe most in sufficient time in order to earn more profits.
I combine two strategies. When the market goes down I apply scalping strategy, when it grows I trade on week graphic.
I prefer long-term investments in coins and tokens. This will bring much more profit than day trading. The main thing is to choose the projects that will be needed in the future.
I prefer long-term investments,buy at a low price,wait a few months and sell.
I take the long term, if the short term after getting big profits just go away, long-term best option, even if only get a small profit, for the future it will probably get bigger.
What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
For now, I will just wait for the time when the price of my crypto coin rises. I know for not so long the market will turn green. Patience us what I need.Jump to: