~snipped~
I mostly trade fast and highly volatile pairs like v75, jump25, v10 and step index... So long I get my confirmation on a pair, I execute my trade. Using proper risk management...
Topic: What is your trading strategy? - page 4. (Read 1102 times)
Wow! You do? That's great. This is the first time I'm coming across a member here who trades index. If I may ask, what instrument do you fancy, Volatility? I like V75. I started with most of the Index – Jump, Crash Boom, Step, even various Volatility pairs before I chose to trade only V75. I will like to exchange views with you on this, perhaps inbox if you're interested.
I mostly trade fast and highly volatile pairs like v75, jump25, v10 and step index... So long I get my confirmation on a pair, I execute my trade. Using proper risk management...
What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?
Don't clog up your chart with indicators so they don't push you to over analyses (analysis paralysis). I like when my chart is kept simple. As for strategy, I trade a combination of Breakout and SMC with leading indicators of lines.I have been trading the synthetic indices market for more than a year now, it's been quite an interesting experience on my side. I guess all together I've been able to know what strategy works best for me in the market and that is the SMC. I combine SMC with the trendline analysis method to analyze the market and since we don't get much manipulation from real time events, it's bit easier than the real market...
Wow! You do? That's great. This is the first time I'm coming across a member here who trades index. If I may ask, what instrument do you fancy, Volatility? I like V75. I started with most of the Index – Jump, Crash Boom, Step, even various Volatility pairs before I chose to trade only V75. I will like to exchange views with you on this, perhaps inbox if you're interested. 
What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?
To answer your question here, bro to be successful in what ever trading strategy that you employ, the most important thing to have as a trader is the ability to control your emotions, am saying so because I know for a fact that even if you knows the craft very well and you don't know how to control your emotions like fear and greed, you cannot be profitable.So while utilizing any trading strategies emotional control is very much key, for it to be successful.
On my own part, I have been utilizing the breakout trading strategy for a while now, and it's been productive, because while doing it, I try all my possible best to keep my emotions in check and I try as much as possible to know when to stay off the market, because I believe that it's another skill a trader must have in other to be successful on the longer run.
just OB, FVG, basically SMC, these technical indicator if i'm being honest, have no value to me, but with.OB and FVG, also trying to find out resistance, I can trade with high leverage to find where the price gonna bounce and profit off it.
people might have different opinion than me and arguably, any strategy should work, like there's many ways for you to figure out how the market gonna behave but I consider price action to be the one that's the most accurate so far.
people might have different opinion than me and arguably, any strategy should work, like there's many ways for you to figure out how the market gonna behave but I consider price action to be the one that's the most accurate so far.
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?
Strategy? Hmmm, I guess buy when there's an opportunity and sell when there's an opportunity. Does that consider as a strategy? 
As for indicators, I'm only using 2. RSI and MA Cross.
When I'm looking at the market, I always look at the 4H and 1H timeframe since I'm more of a day-trader currently. Like what others are saying, don't overcomplicate things because that will just make things difficult especially when you're just starting. Having 2 indicators is for me, enough already. Also, look at the current trend of the market as well and go with trend, and don't oppose it like currently, the market is going downwards, and if you're trading on futures, make short positions.
Trading is very risky, but if you want to learn in trading, doing it by yourself is always the best thing to do. Experience = knowledge.
I learned trading from my brother for a few days, but what I realized is that trading is not easy to make money, it requires a lot of time. After learning trading for some day, I traded trading with some money, which I should not have done at all. It seemed very easy to me when I was trading on a demo account, but in reality it was really difficult when I went to trade with real money. So trading should never be done with little knowledge. It is very risky.
It's good that you started with a small sum.
It all could end for the worse, and I hope for you to get your lessons from the sessions you've got and will try go in again with the funds you are willing to spend on it. To be responsible and secure.
Yes I agree, anything that involves life, needs a proper planning and strategy, if you do not do any of that the results could be bad and you will face consequences of not being ready. Just wining whatever you do is rarely a good idea, may get lucky a few times, but do not push your luck and just be ready for everything whenever you can.
This is why I believe the future is not something we just wait for it to come to us, but something we get ready to go towards. Do this, and you will be doing much better, most people miss that chance and they just wait for the future to come and just improvise everything in life, and that is not what you should be doing, that will be very difficult for you and need to recover on the long term.
This is why I believe the future is not something we just wait for it to come to us, but something we get ready to go towards. Do this, and you will be doing much better, most people miss that chance and they just wait for the future to come and just improvise everything in life, and that is not what you should be doing, that will be very difficult for you and need to recover on the long term.
Life won't get better if you don't try to become better yourself.
Especially in something that you truly like to do, but need much effort to become better at it.
If we want to see results, in trading or overall - we need to work on it. And work hard.
What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?
I advise you to avoid indicators for direct trading, they tend to move relatively to the market price and this causes misrepresentation on the trading chart, and more reason why they repaint with custom indicators and fail backtesting results. I can't trust something like that.Again, the number of strategies you combine depends solely on you. You need to train to be able to refine your strategies and build a solid trading system and plan.
Lastly, you can focus on price action, trendline, Fibo system and Elliot wave theories. Note that strategies alone can't do it, also work on your discipline and risk/money management.
I would put the last words in the golden frame because, truly, without these, all the theory and knowledge would go in vain, because you either didn't have a proper goal in mind or were too greedy to take it.
However, I do agree that each of us chooses what to believe and use while we trade - some despise X while adoring Y.
And some believe the news to not a good lever to see the price making some moves - which sometimes is true, and sometimes - wrong.
What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?
I advise you to avoid indicators for direct trading, they tend to move relatively to the market price and this causes misrepresentation on the trading chart, and more reason why they repaint with custom indicators and fail backtesting results. I can't trust something like that.Again, the number of strategies you combine depends solely on you. You need to train to be able to refine your strategies and build a solid trading system and plan.
Lastly, you can focus on price action, trendline, Fibo system and Elliot wave theories. Note that strategies alone can't do it, also work on your discipline and risk/money management.
Doesnt matter on what you are dealing into or what are the things that you are getting involved with on which not really that limited to crypto trading but also into other traditional businesses or investments as well.
You would really be that definitely be needing up some strategy or plans on where you will really be that applying on what you are currently dealing on with. As for trading strategy then this is something that will really be that varying into someones approach towards his trading method or ways on which this is something that differs into each trader. Profitability isnt something that will really be that similar into each trader on which there would really be certain factors that will really be that different to each other in terms on approach and ways on how to handle themselves within this unpredictable space. When you are really that dealing up with unpredictable
market then you will really be needing up to have that kind of strong emotions and discipline on which sticking into your plans and strategies basing up with your experience is a must.
Try out to read up others experiences as well and apply it into your own. Broaden up your knowledge via having those gained experience that you do get along the way.
Yes I agree, anything that involves life, needs a proper planning and strategy, if you do not do any of that the results could be bad and you will face consequences of not being ready. Just wining whatever you do is rarely a good idea, may get lucky a few times, but do not push your luck and just be ready for everything whenever you can.You would really be that definitely be needing up some strategy or plans on where you will really be that applying on what you are currently dealing on with. As for trading strategy then this is something that will really be that varying into someones approach towards his trading method or ways on which this is something that differs into each trader. Profitability isnt something that will really be that similar into each trader on which there would really be certain factors that will really be that different to each other in terms on approach and ways on how to handle themselves within this unpredictable space. When you are really that dealing up with unpredictable
market then you will really be needing up to have that kind of strong emotions and discipline on which sticking into your plans and strategies basing up with your experience is a must.
Try out to read up others experiences as well and apply it into your own. Broaden up your knowledge via having those gained experience that you do get along the way.
This is why I believe the future is not something we just wait for it to come to us, but something we get ready to go towards. Do this, and you will be doing much better, most people miss that chance and they just wait for the future to come and just improvise everything in life, and that is not what you should be doing, that will be very difficult for you and need to recover on the long term.
I learned trading from my brother for a few days, but what I realized is that trading is not easy to make money, it requires a lot of time. After learning trading for some day, I traded trading with some money, which I should not have done at all. It seemed very easy to me when I was trading on a demo account, but in reality it was really difficult when I went to trade with real money. So trading should never be done with little knowledge. It is very risky.
Yeah trading is quite time consuming I feel like I wanted to do investing or doing dca more than to monitor my chart 24/7 just to make some gains. Doing a relief trade that produces gains and profits after 1 week 1month or few months will still be considered gains. So it depends on one strat on how he can earn from trading. The one I hate is the day trade approach.
I think many people started with investment, then changed to trading, but with time and experience in this market, they will return to investment. Less time consuming, better ROI, less pressure and it's more easily to get profit through investment in Bitcoin.With Bitcoin investment, it's not wrong to say "If you can hold your bitcoin, you can be rich".
You don't have to lose money to master the skills, we have demo accounts that can be used for practicing and until you have mastered the strategy, you don't have to go live. We don't have to depend on only one type of trading but starting from spot trading is the best advice.
You don't have to lose money for learning with free resources and experiencing trading with demo account but trading with demo account is not the same with your actual account and your pocket money. When you are trading with your pocket money, you will be affected by many things, your greed, fear and emotion can be changed wildly with market price, temporary loss and profit of your portfolio. These things can affect your decisions and you can make worse trading decisions with pocket money than with a demo account. 
Trading is hard and by trying to master different types of trading, traders will have to spend more time, more money for experiencing these types of trading. As said, because of difficulty in trading, by experiencing more, they will possibly get more losses, pay more costs for their learning, not only for learning courses but for actual trading practice.
Those are the price that we have to pay for we to get sometimes that'll change our lifes and begin to make us wealthy. Trading can make you rich and it can also make you broke, the outcome depends on you hence if you sacrifice those time that you would have used for sometimes that doesn't add value to your life to learn trading in any form like spot or future trading, you'll be the one to benefits because your financial life is going to be different after mastering the trading skills.
You don't have to lose money to master the skills, we have demo accounts that can be used for practicing and until you have mastered the strategy, you don't have to go live. We don't have to depend on only one type of trading but starting from spot trading is the best advice.
I have no strategy in business, but I plan to establish myself as a good businessman in the future. Business can be crypto trading or real estate business. I am trying to learn about trading, in the beginning it is relatively difficult to learn about trading but if I try my best and apply practically then I think I can get a fair idea about trading. When I get a rough understanding of trading then I will start trading with a relatively small amount of money and later on increase the amount but for now I don't have any trading strategy of my own.
Doesnt matter on what you are dealing into or what are the things that you are getting involved with on which not really that limited to crypto trading but also into other traditional businesses or investments as well.You would really be that definitely be needing up some strategy or plans on where you will really be that applying on what you are currently dealing on with. As for trading strategy then this is something that will really be that varying into someones approach towards his trading method or ways on which this is something that differs into each trader. Profitability isnt something that will really be that similar into each trader on which there would really be certain factors that will really be that different to each other in terms on approach and ways on how to handle themselves within this unpredictable space. When you are really that dealing up with unpredictable
market then you will really be needing up to have that kind of strong emotions and discipline on which sticking into your plans and strategies basing up with your experience is a must.
Try out to read up others experiences as well and apply it into your own. Broaden up your knowledge via having those gained experience that you do get along the way.
I have no strategy in business, but I plan to establish myself as a good businessman in the future. Business can be crypto trading or real estate business. I am trying to learn about trading, in the beginning it is relatively difficult to learn about trading but if I try my best and apply practically then I think I can get a fair idea about trading. When I get a rough understanding of trading then I will start trading with a relatively small amount of money and later on increase the amount but for now I don't have any trading strategy of my own.
Some strategies are riskier than others, so I choose one that fits my risk tolerance. Trading is a technique where you take advantage of short term price movements in the market. Although this can be a very profitable strategy it requires a lot of skill and experience to be successful. If you don't have a proper understanding of trade, trading is very difficult and no one can guarantee that the indicators will be effective all the time. I prefer to hold rather than trade daily investing in bitcoin with low risk in long term investment is possible to get a better long term result than day trading. From trading indicators, it is better to invest and wait.
Trading is hard and by trying to master different types of trading, traders will have to spend more time, more money for experiencing these types of trading. As said, because of difficulty in trading, by experiencing more, they will possibly get more losses, pay more costs for their learning, not only for learning courses but for actual trading practice.
Yeah trading is quite time consuming I feel like I wanted to do investing or doing dca more than to monitor my chart 24/7 just to make some gains. Doing a relief trade that produces gains and profits after 1 week 1month or few months will still be considered gains. So it depends on one strat on how he can earn from trading. The one I hate is the day trade approach. Agreed, you can master trading in all different forms and not just one form. With the mastering of all types of trading, you can make profits on all the conditions of the market.
Trading is hard and by trying to master different types of trading, traders will have to spend more time, more money for experiencing these types of trading. As said, because of difficulty in trading, by experiencing more, they will possibly get more losses, pay more costs for their learning, not only for learning courses but for actual trading practice.Trading is risky, and if you want to trade, trade with Spot trading type. If you are a good trader, this trading type is enough for you to get profit. You won't have to try to master Leverage and Futures trading types, if you don't want to lose more money for learning.
Quote
There are some traders that when the market is dumping, they don't know what to do but to act like investors and be waiting for the bull market before they can become active again.
To avoid this, traders have to use Stop loss or Stop limit order that can help them to execute these orders, to secure part of profit, avoid loss or at least reduce loss for them. For me, whatever type of trading you use, the important thing is trading knowledge, if someone has mastered the knowledge of trading automatically whatever type you do is easy, whether it's margin, futures or spot, that's the point.
Agreed, you can master trading in all different forms and not just one form. With the mastering of all types of trading, you can make profits on all the conditions of the market. There are some traders that when the market is dumping, they don't know what to do but to act like investors and be waiting for the bull market before they can become active again. You can short the market with future trading when the market is dipping without owning any coin before doing this. Trading is more entertaining when you can trade in all the difference ways and then when you have different trading strategies for all the types of trading that you know, you stand a chance of making more profits from the market.oje of my favourite trading strategy with spot trading is Arbitrage trading as I compare prices on different exchange and I take the advantages to trade between exchanges and make my profits without stress.
Jump to: