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 started not to be so active in doing daily trades but if this still counts about buying whenever the dip happens and selling mostly when it recovers, the simplest yet most effective of doing it is like that. And many are lowkey hodling their Bitcoins that they've bought at the bottom, so that makes sense for the most as it gives the best reward for not doing that much analysis and usage of indicators. Sometimes, we get tired from all of these charts and usage of indicators so, you better hold then if you can wait for quite a while. 
Topic: What is your trading strategy? - page 5. (Read 1102 times)
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I don't use indicators to trade, just a combination of support and resistance level, identify FVG zones, supply and demand areas and then when I see a strong entry point (pullback or reversal) that's only when I jump into a trade. In trading, I understand that every strategy works, but just understand the strategy and the pair it works more with and also the right time session to trade.
You understand that every strategy works? Where have you seen that? If it was true, 85 or 90% of traders wouldn't lose money. I think it's the opposite actually, none strategy works in reality, and people making profits on the long run are very lucky or very skilled. The market is highly volatile, everything can change because of an unexcepted news or some big orders from whales. In addition if you are not able to trade large volumes, fees are high for the random trader and you have to beat this margin at each trade. So it's way harder than a heads or tails game actually. If almost nobody shares his results here, it's not for nothing IMO.The fact that I said that every strategy works doesn't means that every strategy works 100%. Nope. Don't get it twisted.
Even with the strategy that am using, although I have had more success than losses by yet I have also had losses.
No matter any strategy you use as a trader, you will also experience losses but if you apply a good risk management, you will always recover your losses and will not allow your losses to surpass your profit.
There are traders that uses indicators in their trade, they also apply a good risk management and they are making profit. So, every traders has every seperate strategy that they use that works for them, meanwhile if you try it, you might not find it to be a good choice.
So, that's why I said, every strategy works, depending on traders. Also before applying a strategy, you are supposed to run a back test and see how well the strategy will perform, then you can apply it in real trade.
You understand that every strategy works? Where have you seen that? If it was true, 85 or 90% of traders wouldn't lose money. I think it's the opposite actually, none strategy works in reality, and people making profits on the long run are very lucky or very skilled. The market is highly volatile, everything can change because of an unexcepted news or some big orders from whales. In addition if you are not able to trade large volumes, fees are high for the random trader and you have to beat this margin at each trade. So it's way harder than a heads or tails game actually. If almost nobody shares his results here, it's not for nothing IMO.
The rate of traders to succeed and get profit in day trading is very low.Average rate return of day traders. According to this one, the rate of failure and losses is about 95%, very high. Risk is very high and any person who want to start with trading, must see this warning rate of failure, to be more careful with their trading.
Bitcoin and cryptocurrency market is more volatile than traditional market so the rate of failure can be higher than 95%.
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What Is the Success Rate Among Day Traders?
The success rate for making money from day trading is actually quite low. Depending on the source, only around 5% to 20% of day traders consistently make money. That means that up to 95% fail and lose money by day trading.
The success rate for making money from day trading is actually quite low. Depending on the source, only around 5% to 20% of day traders consistently make money. That means that up to 95% fail and lose money by day trading.
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 mostly use DIP buying strategy and it has been helpful for me so far with best results. I use Indicators like RSI, Stochastic RSI, and Bollinger Bands. I have made more than enough profits with this strategy and I'm still doing it and earning profits from it. But, of course sometimes I do look at trend lines and make some trades with it as well. 
I don't use indicators to trade, just a combination of support and resistance level, identify FVG zones, supply and demand areas and then when I see a strong entry point (pullback or reversal) that's only when I jump into a trade. In trading, I understand that every strategy works, but just understand the strategy and the pair it works more with and also the right time session to trade.
You understand that every strategy works? Where have you seen that? If it was true, 85 or 90% of traders wouldn't lose money. I think it's the opposite actually, none strategy works in reality, and people making profits on the long run are very lucky or very skilled. The market is highly volatile, everything can change because of an unexcepted news or some big orders from whales. In addition if you are not able to trade large volumes, fees are high for the random trader and you have to beat this margin at each trade. So it's way harder than a heads or tails game actually. If almost nobody shares his results here, it's not for nothing IMO. hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
I don't use indicators to trade, just a combination of support and resistance level, identify FVG zones, supply and demand areas and then when I see a strong entry point (pullback or reversal) that's only when I jump into a trade. In trading, I understand that every strategy works, but just understand the strategy and the pair it works more with and also the right time session to trade.
I mostly use the RSI indicator and Bollinger bands to make sure that I capture the big-level movements with the squeeze of the Bollinger bands and breakout. I believe that a system where you use the fewest indicators and have the cleanest charts could lead to great results.
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?
Before I continue I will say all strategies will work on trading it is just for you to understand which is actually working perfectly for you. For me I have not two different strategies other than the regular SMC and Price action. My SMC trading strategy is mostly used for low volatile cryptocurrencies like the bitcoin and the top 20 Altcoins but the rest volatile cryptocurrencies I usually use the price action strategy which mostly requires one to monitor the trade more then the SMC strategy where you can have order blocks and set your limits and wait for it to trigger.
As for indicators I use FVG, which works a lot for me on some pairs so I usually back test my pairs before using one particular strategy or indicator for it. Another easy indicator I use is the resistance and support (RSD)
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?
The preferred strategy for me has to fall in-between buying and selling crypto currency when the price is at a certain point I want, making more than one trades in a short period so as to make some profit from the price movement occasioned by volatility and I may just as well follow the trend that the market is moving in, to either buy or sell my coins.It is important that one should understand how much risk is involved in trading, know how to manage it and have a better understanding of how the market functions, because in doing so, one can be able to know when to make profit or anticipate loss by using stop loss or other steps to be safe.
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?
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.Talking about indicators, what I have done is based on general experience, such as analysis, monitoring the market, the type of crypto I want to trade, there is no special measuring tool that I use in trading to achieve good results.
What I do is clear evidence for myself, the more often you trade in the crypto market, the greater the opportunity to make perfect profits, remember never rush to do something in the crypto market.
Personally, I find fundamental analysis to be highly effective, especially for gaining a deeper understanding of the underlying factors driving price movements. A minimalist approach works best for me because I’ve found that overloading my charts with too many indicators often leads to analysis paralysis and conflicting signals.
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?
After years of trading, I changed to investment, purchasing and holding safest cryptocurrencies like Bitcoin, Ethereum and Litecoin. Newbies can laugh at me because in short term they can have higher ROIs than me with meme tokens, shit coins, but they will have to learn lessons in this market. Trendy coins will die with time and if they can not exit smartly and on time, they will stuck in sinking ships and massive losses come to them.Awesome Crypto Trading.
Learn Crypto Trading.
Whatever trading strategy you use, don't forget to apply Stop loss order to protect your trading capital.
One of best weapons in trading.
You know, with the many strategies that we individual traders can use, it's better to focus on just one or two strategies, but if you're just a newbie, it's better to just have 1,
that's fine, actually. Simpler is better in my opinion and experience.
Well in fact, right now I'm getting faster at doing my trading analysis just through price action and I'm just basing it on Support and Resistance and sometimes the
order block to determine whether I'm going to enter an entry position whether long or short.
that's fine, actually. Simpler is better in my opinion and experience.
Well in fact, right now I'm getting faster at doing my trading analysis just through price action and I'm just basing it on Support and Resistance and sometimes the
order block to determine whether I'm going to enter an entry position whether long or short.
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?
At that time I had studied trading strategies whose purpose was clearly to seek profit, but the many strategies I studied did not make me able to gain profit until finally I gave up, but with my own friend he understood more about patterns, strategies and sometimes he could even predict that the market would rise and it turned out to be true. Strangely, I think he already had enough good knowledge for trading but he himself did not deepen it for some reason. Every now and then I saw him paying attention to the candlesticks he was monitoring and indicators that I myself did not even understand but he always guessed after doing research and seeing the results the next day, his predictions were always right. I said to deepen it but he was reluctant to deepen it, he was only happy with predicting without any profit or loss. This is confusing, isn't it? 
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...
You just have to know that most times it doesn't matter what strategy you use, if you lack a good trading plan and risk management, you will still get bad trades. But If you follow your plan, you just might be able to be profitable in the market.
You just have to know that most times it doesn't matter what strategy you use, if you lack a good trading plan and risk management, you will still get bad trades. But If you follow your plan, you just might be able to be profitable in the market.
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?
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