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Topic: What is your trading strategy? - page 107. (Read 304648 times)

sr. member
Activity: 484
Merit: 250
HubrisOne
August 24, 2015, 12:08:01 AM
make a excel to note: buy or sell, date, price, amount. and everyday do some trading, then once the current markets is profitable for your a part of note, do it.
hero member
Activity: 994
Merit: 1000
PUGG.io
August 22, 2015, 01:04:15 PM
I buy low,wait ,after i sell with a high price
Not work,every time,but i use this method.

if you do it the right way, then it will work everytime. you just need to have patience and know what's causing the price to go down before you buy.

Predicting what is causing for the price movements is very difficult job. If that is true then we would have seen many successful traders to today however that is not completely true. Just trade with your own money and if you have long term vision then you can make profits from trading.


its not hard to know if the price of bitcoin goes up or down, just went to a site that give an information about the price of bitcoin today and yesterday, just go to that site everyday and you will know the price.
Or you can simply type on google bitcoin price and it will also give the price of bitcoin in your local currency also.
I use this trick everyday and also it saves my data of internet.

And what does this have to do with trading and predicting where the price will moved to in the next time? You know trading means selling and buying so that you have more coins at the end.
So I think you have got the answer of what I was talking about.
And if not, so let me tell you,I was referring Google to check the prices on daily basis and not for trading purposes. Just go to Google and type Bitcoin price and you are able to know it in a matter of seconds, so why go to a trading site then find the bitcoin prices Huh
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 22, 2015, 11:44:30 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
Yeah I'm always baffled when I hear people say that they've found a '100% safe betting/trading system' and then it turns out to be a martingale. :')
Would only work if you had infinite amounts of money, and even then, you could theoretically get stuck in a losing streak for eternity Cheesy

In trading this "martingale system" from gambling is correctly called averaging down

Before buying your coins decide how much profit or loss you can take from that trade. Which ever you reach first sell it, do not think any other things. It will make win or save you from big losses

This won't work, as good as it looks. Indeed, you will not lose much (provided you are mentally prepared to close the losing position as you planned), but you won't profit much either...

That would be just gambling
legendary
Activity: 1456
Merit: 1023
August 22, 2015, 04:58:25 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
Yeah I'm always baffled when I hear people say that they've found a '100% safe betting/trading system' and then it turns out to be a martingale. :')
Would only work if you had infinite amounts of money, and even then, you could theoretically get stuck in a losing streak for eternity Cheesy

In trading this "martingale system" from gambling is correctly called averaging down

Before buying your coins decide how much profit or loss you can take from that trade. Which ever you reach first sell it, do not think any other things. It will make win or save you from big losses
member
Activity: 112
Merit: 10
August 19, 2015, 08:20:06 AM
just watching the price and predict the rise and fall of prices
legendary
Activity: 1148
Merit: 1006
August 18, 2015, 12:54:23 PM
I buy low,wait ,after i sell with a high price
Not work,every time,but i use this method.

if you do it the right way, then it will work everytime. you just need to have patience and know what's causing the price to go down before you buy.

Predicting what is causing for the price movements is very difficult job. If that is true then we would have seen many successful traders to today however that is not completely true. Just trade with your own money and if you have long term vision then you can make profits from trading.


its not hard to know if the price of bitcoin goes up or down, just went to a site that give an information about the price of bitcoin today and yesterday, just go to that site everyday and you will know the price.
Or you can simply type on google bitcoin price and it will also give the price of bitcoin in your local currency also.
I use this trick everyday and also it saves my data of internet.

And what does this have to do with trading and predicting where the price will moved to in the next time? You know trading means selling and buying so that you have more coins at the end.
legendary
Activity: 1148
Merit: 1006
August 18, 2015, 12:52:32 PM
I buy low,wait ,after i sell with a high price
Not work,every time,but i use this method.

if you do it the right way, then it will work everytime. you just need to have patience and know what's causing the price to go down before you buy.

Predicting what is causing for the price movements is very difficult job. If that is true then we would have seen many successful traders to today however that is not completely true. Just trade with your own money and if you have long term vision then you can make profits from trading.


its not hard to know if the price of bitcoin goes up or down, just went to a site that give an information about the price of bitcoin today and yesterday, just go to that site everyday and you will know the price.

Really? So can you point me to the site that you mean? Since when normal charts could show so easily where the price will go to then there wouldn't be so many that lose their coins with trading.

If you have success with trading then what do you look at to decide on where the price will move to?

Or did you write only theoretical and you don't have actual trading experience?
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 18, 2015, 02:45:41 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
Yeah I'm always baffled when I hear people say that they've found a '100% safe betting/trading system' and then it turns out to be a martingale. :')
Would only work if you had infinite amounts of money, and even then, you could theoretically get stuck in a losing streak for eternity Cheesy

In trading this "martingale system" from gambling is correctly called averaging down
legendary
Activity: 1792
Merit: 1283
August 18, 2015, 01:34:29 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
Yeah I'm always baffled when I hear people say that they've found a '100% safe betting/trading system' and then it turns out to be a martingale. :')
Would only work if you had infinite amounts of money, and even then, you could theoretically get stuck in a losing streak for eternity Cheesy
hero member
Activity: 994
Merit: 1000
PUGG.io
August 17, 2015, 01:25:15 PM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
In gambling if we loose a bet then it's all gone from us and never come back.
But in case of trading it(altcoin) still remains with us and all we have to do is cut off the losses or if we have enough patience then earn much more of what we have invested.

Try telling this to those who bought BTC at +1,000$ per coin (and then had been averaging all the way down)

And with altcoins it is not very far from gambling. There are a lot of dead coins where people kept to such ideas until they ultimately lost all their money...



Perfect. Here many people thinking trading is very simple one can just find the current price to buy and sell when it go up. Trading is 24 hours hence if you don't sell at right position then you may end up in loosing every thing. As you said who ever brought at 1000+ they may not even see this price for ever also, if few more big countries ban btc.
I was reffering to invest in newly created altcoins and buying them before pre pump period and selling them in pump period surely gives us handsome returns.
But people gets greedy and think that they can make more with those shit coins and then are just left with their bags filled with those shitcoins.
sr. member
Activity: 826
Merit: 263
August 17, 2015, 12:02:21 PM
Invest on good altcoin, tried to analyze what coin would you invest.. Decided is it long term or short term.. 
legendary
Activity: 3248
Merit: 1070
August 13, 2015, 01:46:01 AM
don't trade for a year!

nearly, I followed this strategy  Tongue

So youre telling me not trading at all and holding is good!

Damn, only if everyone knew about this strategy everyone would be profitable.. no but really though I think holding btc is the best way to go.

the bad thing about this is that if everyone will do it, the price will not move at all, a bit like the condition we have right now, we the market is moving very slowly

i think that those will low amount should hold and nothing else, but the other with a bigger amount should trade

and everyone should use their coins regardless of the price, if they need something that is better purchased with bitcoin
sr. member
Activity: 241
Merit: 250
August 12, 2015, 10:47:10 PM
don't trade for a year!

Yes, but do you buy new coins to hold during that year?  Do you go all in on one coin then don't trade for a year, or do you buy, sell when high, buy new, etc.?

it just means never do trading, buy and sell occasionally is being.
legendary
Activity: 1456
Merit: 1005
August 12, 2015, 09:34:49 PM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
In gambling if we loose a bet then it's all gone from us and never come back.
But in case of trading it(altcoin) still remains with us and all we have to do is cut off the losses or if we have enough patience then earn much more of what we have invested.

Try telling this to those who bought BTC at +1,000$ per coin (and then had been averaging all the way down)

And with altcoins it is not very far from gambling. There are a lot of dead coins where people kept to such ideas until they ultimately lost all their money...



Perfect. Here many people thinking trading is very simple one can just find the current price to buy and sell when it go up. Trading is 24 hours hence if you don't sell at right position then you may end up in loosing every thing. As you said who ever brought at 1000+ they may not even see this price for ever also, if few more big countries ban btc.
full member
Activity: 210
Merit: 100
August 12, 2015, 06:12:31 PM
don't trade for a year!

nearly, I followed this strategy  Tongue

So youre telling me not trading at all and holding is good!

Damn, only if everyone knew about this strategy everyone would be profitable.. no but really though I think holding btc is the best way to go.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 12, 2015, 10:21:06 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
In gambling if we loose a bet then it's all gone from us and never come back.
But in case of trading it(altcoin) still remains with us and all we have to do is cut off the losses or if we have enough patience then earn much more of what we have invested.

Try telling this to those who bought BTC at +1,000$ per coin (and then had been averaging all the way down)

And with altcoins it is not very far from gambling. There are a lot of dead coins where people kept to such ideas until they ultimately lost all their money...

hero member
Activity: 994
Merit: 1000
PUGG.io
August 12, 2015, 07:50:09 AM
It's just simple,  buy double the amount you have brought initially to reduce the losses and make a profit if odds are with you.
There's a saying that everything that goes up always comes down and vice versa is also true.

Some call this strategy "martingale" (in respect to trading). It is one of the best (if not the best) ways to lose money. And not only at gambling. You never know when and where the price will hit the bottom...

Since if you did, you wouldn't rely on this strategy in the first place
In gambling if we loose a bet then it's all gone from us and never come back.
But in case of trading it(altcoin) still remains with us and all we have to do is cut off the losses or if we have enough patience then earn much more of what we have invested.
sr. member
Activity: 490
Merit: 255
August 12, 2015, 04:45:49 AM
I buy low,wait ,after i sell with a high price
Not work,every time,but i use this method.

if you do it the right way, then it will work everytime. you just need to have patience and know what's causing the price to go down before you buy.

Predicting what is causing for the price movements is very difficult job. If that is true then we would have seen many successful traders to today however that is not completely true. Just trade with your own money and if you have long term vision then you can make profits from trading.


its not hard to know if the price of bitcoin goes up or down, just went to a site that give an information about the price of bitcoin today and yesterday, just go to that site everyday and you will know the price.
Or you can simply type on google bitcoin price and it will also give the price of bitcoin in your local currency also.
I use this trick everyday and also it saves my data of internet.
Yeah i also do that sometimes i search it to google and wait for a few seconds and then you now what the price of bitcoin to your currency, so simple, you know now when you buy and sell coins.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 12, 2015, 03:50:36 AM
A serious Question : Is technical analysis work on BTC ?

I think BTC world is fundamentally is based On fundamental analysis and very very Sensitive to News even unimportant news .......

However i think elliot wave in 4H chart is good for technical analysis

I'm afraid that technical analysis (Elliot waves, Fibonacci, and all that nonsense) doesn't work at all. Don't waste your time on this, it is an illusion that gives you some fake confidence and a feeling of ground under your feet where there is no bottom altogether. It may work sometimes, but it is no more than mere coincidence or pure luck...

Just like a broken clock is right twice a day
hero member
Activity: 546
Merit: 500
August 11, 2015, 11:23:51 PM
A serious Question : Is technical analysis work on BTC ?

I think BTC world is fundamentally is based On fundamental analysis and very very Sensitive to News even unimportant news .......

However i think elliot wave in 4H chart is good for technical analysis
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