What is your trading strategy? - page 100.

Mickeyb

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Move On !!!!!!

Quote from: Aemon on October 21, 2015, 08:55:06 AM

Quote from: absy on October 21, 2015, 08:51:25 AM

My trading strategy is simple..
1. I dont buy coins which are greater than 200 satoshis
2. buy cheaper coins.. like dogecoin in bulk .. ( 10000 coins at 50 sat = 500000 sat )

3. sell them if it increases even at small price ( 10000 coins at 52 sat = 520000 sat)

got 20000 profit in small time..

Note: be carefull .. and look at the background and distribution of the coins before buying..

All strategies are the same. You buy low, sell high. It is tough to actually do this though because you are trying to predict the future. Predicting the future is about as good as gambling though.

It's a strategy but it is hard from a good strategy. This is pure guessing. Let me give you an example! I wanted to get into NEM when it was around 110 satoshis. But I changed my mind. Look at it now, sitting there around 45 satoshis.

May I suggest another strategy. Look at the coinmarketcap, when you see a coin took a 20% beating in 24 hours, buy some. In most of the cases there will be recovery of about 10%.

Amph

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Quote from: Aemon on October 21, 2015, 08:55:06 AM

Quote from: absy on October 21, 2015, 08:51:25 AM

My trading strategy is simple..
1. I dont buy coins which are greater than 200 satoshis
2. buy cheaper coins.. like dogecoin in bulk .. ( 10000 coins at 50 sat = 500000 sat )

3. sell them if it increases even at small price ( 10000 coins at 52 sat = 520000 sat)

got 20000 profit in small time..

Note: be carefull .. and look at the background and distribution of the coins before buying..

All strategies are the same. You buy low, sell high. It is tough to actually do this though because you are trying to predict the future. Predicting the future is about as good as gambling though.

if you're trading like those, then you're doing something wrong, a good trader must follow the path of the previously trend of the market, and recognize certain kind of trends

like the double shoulder one head, buy low sell high, is only the final object

Dotakels

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Quote from: Aemon on October 21, 2015, 08:55:06 AM

Quote from: absy on October 21, 2015, 08:51:25 AM

My trading strategy is simple..
1. I dont buy coins which are greater than 200 satoshis
2. buy cheaper coins.. like dogecoin in bulk .. ( 10000 coins at 50 sat = 500000 sat )

3. sell them if it increases even at small price ( 10000 coins at 52 sat = 520000 sat)

got 20000 profit in small time..

Note: be carefull .. and look at the background and distribution of the coins before buying..

All strategies are the same. You buy low, sell high. It is tough to actually do this though because you are trying to predict the future. Predicting the future is about as good as gambling though.

only depending on luck and predicting the price, such like as gambling predicting that you will won if you gamble and also depending on luck. Better to invest than to buy low sell high.

Aemon

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Quote from: absy on October 21, 2015, 08:51:25 AM

My trading strategy is simple..
1. I dont buy coins which are greater than 200 satoshis
2. buy cheaper coins.. like dogecoin in bulk .. ( 10000 coins at 50 sat = 500000 sat )

3. sell them if it increases even at small price ( 10000 coins at 52 sat = 520000 sat)

got 20000 profit in small time..

Note: be carefull .. and look at the background and distribution of the coins before buying..

All strategies are the same. You buy low, sell high. It is tough to actually do this though because you are trying to predict the future. Predicting the future is about as good as gambling though.

absy

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★Bitvest.io★ Play Plinko or Invest!

My trading strategy is simple..
1. I dont buy coins which are greater than 200 satoshis
2. buy cheaper coins.. like dogecoin in bulk .. ( 10000 coins at 50 sat = 500000 sat )

3. sell them if it increases even at small price ( 10000 coins at 52 sat = 520000 sat)

got 20000 profit in small time..

Note: be carefull .. and look at the background and distribution of the coins before buying..

SebastianJu

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Quote from: bitmarket.net on October 21, 2015, 07:17:29 AM

Quote from: Amph on October 18, 2015, 03:13:27 AM

Quote from: ?? on ??

i think patience is the key to become a successful trader. All you have to wait for market to be favourable for your pick.

this is not good if you expected something but the market do a complete shift, a different movement, and instead of falling, for example it keep rising

it's better to play on a daily small range and take the little profit, than waiting for the big oneand risking to have nothing or lose big

I think it is important to make a distinction between investing and trading.
Investor holds builds his portfolio using a number of separate assets and holds it long-term.

A trader trades an instrument short term (could be few minutes, few hours, sometimes even few days) to benefit from its volatility and occasional mispricings.

If you are a trader, your options are mutliplied if you use the exchange offering short-selling and margin trading (providing that it is used correctly).

Not all traders are daytraders. Many trade only in the bigger timeframes. It's said that this is even easier than daytrading since the price is more acting the way the indicators say he should. Daytrading is more random.

SebastianJu

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Quote from: richardsNY on October 20, 2015, 05:21:48 PM

Quote from: torontocoinexchange on October 19, 2015, 06:04:23 PM

How much time and money I would have saved if I didn't sell low and buy high =/

What does that mean? That the sell low and buy high method is a waste of time?

Yes, it is surely better to try the buy low and sell high method. Cheesy

:D:D

.
.
.

Check the words when you did not get it yet...

SebastianJu

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Quote from: torontocoinexchange on October 19, 2015, 06:04:23 PM

How much time and money I would have saved if I didn't sell low and buy high =/

*lol* You are right. I way too often acted out of fear or bought into a booming price whose top already was reached. Trading really seems to need a complete shift in acting to the opposite. Similar to learning to drive a bicycle. At first you have the urge to steer in the opposite direction to where you fall. In order to get there. It might be the same learning curve with trading.

Maybe next time i do a trading session i decide to keep when in fear and to sell when in awe. Cheesy

:D:D

SebastianJu

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Quote from: edric on October 18, 2015, 03:05:28 AM

Quote from: hodap on November 23, 2014, 11:49:30 AM

Buy when there is despair and all hope is lose.

Sell when everyone is buying and think bitcoin is the future.

Well said. Even though there are no strong fundamental indicators for bitcoin other than the long term economic nature of the currency, I generally try to buy "cheap" and sell when it is "expensive." I define this mostly based on sentiment. When the crowd is overexuberant, sell. When the crowd is irrationally fearful, buy.

*lol* That means now is the time to sell. Except... the price did not rise much in the last day, so i wonder if that already can be seen as a sign that it will go higher.

How do you see the current situation? overexuberant or irrationally fearful?

bitmarket.net

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Quote from: Amph on October 18, 2015, 03:13:27 AM

Quote from: ?? on ??

i think patience is the key to become a successful trader. All you have to wait for market to be favourable for your pick.

this is not good if you expected something but the market do a complete shift, a different movement, and instead of falling, for example it keep rising

it's better to play on a daily small range and take the little profit, than waiting for the big oneand risking to have nothing or lose big

I think it is important to make a distinction between investing and trading.
Investor holds builds his portfolio using a number of separate assets and holds it long-term.

A trader trades an instrument short term (could be few minutes, few hours, sometimes even few days) to benefit from its volatility and occasional mispricings.

If you are a trader, your options are mutliplied if you use the exchange offering short-selling and margin trading (providing that it is used correctly).

Amph

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Quote from: richardsNY on October 20, 2015, 05:21:48 PM

Quote from: torontocoinexchange on October 19, 2015, 06:04:23 PM

How much time and money I would have saved if I didn't sell low and buy high =/

What does that mean? That the sell low and buy high method is a waste of time?

he mean that is was better to wait at that time and not do anything because he would have gained later

richardsNY

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Quote from: torontocoinexchange on October 19, 2015, 06:04:23 PM

How much time and money I would have saved if I didn't sell low and buy high =/

What does that mean? That the sell low and buy high method is a waste of time?

torontocoinexchange

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How much time and money I would have saved if I didn't sell low and buy high =/

Mickeyb

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Move On !!!!!!

Quote from: ?? on ??

i think patience is the key to become a successful trader. All you have to wait for market to be favourable for your pick.

Well you are pretty much right about patience. Patience is very important in any sphere in our lives, whatever we do. The same with trading. Which in the end again doesn't mean nothing 100%.

You can be patient and draw the right moves and still lose if market decides this way. Trading, especially alt coin trading is a form of a big gamble at the moment.

Amph

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Quote from: ?? on ??

i think patience is the key to become a successful trader. All you have to wait for market to be favourable for your pick.

this is not good if you expected something but the market do a complete shift, a different movement, and instead of falling, for example it keep rising

it's better to play on a daily small range and take the little profit, than waiting for the big oneand risking to have nothing or lose big

edric

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Quote from: hodap on November 23, 2014, 11:49:30 AM

Buy when there is despair and all hope is lose.

Sell when everyone is buying and think bitcoin is the future.

Well said. Even though there are no strong fundamental indicators for bitcoin other than the long term economic nature of the currency, I generally try to buy "cheap" and sell when it is "expensive." I define this mostly based on sentiment. When the crowd is overexuberant, sell. When the crowd is irrationally fearful, buy.

Dotakels

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Quote from: Franciem on October 11, 2015, 11:25:47 PM

Quote from: birdcat90 on October 11, 2015, 07:14:49 AM

usually i just use price action strategy...

on daily and 4 hour time frame..i use my forex strategy and implement it on bitcoin trading...

can you share your daily trading strategy ? i think it's very good if i can get profit with your forex strategy trading

yeah can you share? so that we can try your method and we can also earn some profit by that method. And it would be profitable if the we use dollars to trade and we exchange it into our own currency, it would be probably high because my country is in the third world country.

SebastianJu

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Quote from: Sir_lagsalot on October 11, 2015, 03:45:19 PM

Buy low, sell high. When there is panic, buy the shit out of everything when it hits rock bottom

Then where is bottom for you? How do you know that it will stop there and not drop down another couple hundred percents? And when you wait for a bottom to establish then it might already went up high.

So what are you watching at?

SebastianJu

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Quote from: birdcat90 on October 11, 2015, 07:14:49 AM

usually i just use price action strategy...

on daily and 4 hour time frame..i use my forex strategy and implement it on bitcoin trading...

Are you really successfull with that? I imagine that being successfull for forex but i think these things don't really work on the bitcoinchart since too few people believe in this. On forex that's probably a different story.

Franciem

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Real power doesnt hit hard,but right to the target

Quote from: birdcat90 on October 11, 2015, 07:14:49 AM

usually i just use price action strategy...

on daily and 4 hour time frame..i use my forex strategy and implement it on bitcoin trading...

can you share your daily trading strategy ? i think it's very good if i can get profit with your forex strategy trading

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