What is your trading strategy? - page 117.

deisik

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Quote from: grandFX on April 19, 2015, 02:09:35 PM

Quote from: philipma1957 on April 19, 2015, 01:24:06 PM

Trading with fees is gambling by definition. ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience. There are times you can get rates when renting from reliable sites better then current payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate. and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

Hemm... the exchange same with broker only as an intermediary to meet seller and buyer.
yeah, the exchange and a trader get benefit from it.

And any legitimate exchange is interested in their clients earning profits and remaining solvent as long as possible at that (which is in glaring opposition to gambling against the house)...

grandFX

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Quote from: philipma1957 on April 19, 2015, 01:24:06 PM

Trading with fees is gambling by definition. ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience. There are times you can get rates when renting from reliable sites better then current payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate. and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

Hemm... the exchange same with broker only as an intermediary to meet seller and buyer.
yeah, the exchange and a trader get benefit from it.

deisik

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Quote from: philipma1957 on April 19, 2015, 01:24:06 PM

Trading with fees is gambling by definition. ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience. There are times you can get rates when renting from reliable sites better then current payouts.

In gambling you play against the house. Since the house edge is always set in favor of the house, you are ultimately doomed to waste your deposit. In trading, on the contrary, you are essentially playing against other players (traders), even if it is a zero sum game (which it is not)... Do you feel the difference?

philipma1957

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'The right to privacy matters'

Trading with fees is gambling by definition. ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience. There are times you can get rates when renting from reliable sites better then current payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate. and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

grandFX

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Quote from: Dotakels on April 19, 2015, 01:19:27 AM

Trading is not gambling. You will not lose in trading you outweigh but if you are real trader you wouldn't outweigh. In gambling your money have a chance to lose and you can earn a big profit but 50%-50% your chance to win. Or they says that, its all depend on your luck but i didn't believe in luck.

yes, I agree if trading is not gambling. we need money management and management risk for that.
control your risk and control your money for your trading.

BTCevo

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Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

I dont agree. Trading is not like a gambling, its far from gambling and we always can get a profit no matter how much it is because we always buy from bottom and sell it on top that means we always will get profit by that. And we dont need any luck when we do trading, just need you to be cautios when you are going to buy and give a little effort and skill to do it

Dotakels

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Quote from: grandFX on April 18, 2015, 03:05:32 PM

Quote from: Dotakels on April 18, 2015, 02:15:41 AM

Quote from: grandFX on April 18, 2015, 01:58:06 AM

Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

dont agree with you, if trading is just like gambling. yeah we cant always gain profit because any risk and return
but trading we need analysis and strategy, if gambling is just luck.

me too. Trading is not a gambling. Trading is just like you giving you they need and giving they your need.

yes, thats right.
I never think about that, if trading is just like gambling. because gambling no need strategy to get profit, but just luck.

Trading is not gambling. You will not lose in trading you outweigh but if you are real trader you wouldn't outweigh. In gambling your money have a chance to lose and you can earn a big profit but 50%-50% your chance to win. Or they says that, its all depend on your luck but i didn't believe in luck.

grandFX

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Quote from: Dotakels on April 18, 2015, 02:15:41 AM

Quote from: grandFX on April 18, 2015, 01:58:06 AM

Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

dont agree with you, if trading is just like gambling. yeah we cant always gain profit because any risk and return
but trading we need analysis and strategy, if gambling is just luck.

me too. Trading is not a gambling. Trading is just like you giving you they need and giving they your need.

yes, thats right.
I never think about that, if trading is just like gambling. because gambling no need strategy to get profit, but just luck.

hua_hui

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Quote from: syamster on April 18, 2015, 02:20:43 AM

My strategy is different, I tried to do day trading, but some times its not profitable so I will hold it until its get worse or advantage, if its gone worse, then I try to average it, but the problem in btc, price move up and down very quickly... so some times our stop loss also never works...

I have to say your strategy is not applied in the bear market! If the price is none stop declining, you still try to average the cost! Then you will run out your capital soon!

deisik

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Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

As other posters have noted, trading per se is far from gambling. But you have a point, though not where you could expect it. In cryptocoins trading you never know the exact moment the exchange will scam on you, but you can be sure that it will in the end. So, like gambling, it is not a question of if but rather when you lose your entire deposit...

syamster

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My strategy is different, I tried to do day trading, but some times its not profitable so I will hold it until its get worse or advantage, if its gone worse, then I try to average it, but the problem in btc, price move up and down very quickly... so some times our stop loss also never works...

Dotakels

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Quote from: grandFX on April 18, 2015, 01:58:06 AM

Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

dont agree with you, if trading is just like gambling. yeah we cant always gain profit because any risk and return
but trading we need analysis and strategy, if gambling is just luck.

me too. Trading is not a gambling. Trading is just like you giving you they need and giving they your need.

grandFX

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Quote from: michietn94 on April 17, 2015, 11:48:20 AM

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

dont agree with you, if trading is just like gambling. yeah we cant always gain profit because any risk and return
but trading we need analysis and strategy, if gambling is just luck.

michietn94

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Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

Scamalert

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Captain

My trading strategy is very simple, it has two elements:

1. Never spend or lose any bitcoins. Every single satoshi I have ever recevied is going into cold storage and will not be spend.

2. Never get scammed.

tyz

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I don't agree with that. The best strategy is to mine and sell immediately. If you wait you will mostly lose money because most coin's value falls longterm (current trend troughout all crypto coins).

Quote from: 1Referee on November 21, 2014, 08:53:52 AM

Mine is simple and the best. Buy low, wait, sell high. Tongue

dulldog

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Quote from: coyne1981 on April 03, 2015, 08:21:35 AM

Quote from: dulldog on April 03, 2015, 08:01:31 AM

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

Are you trying to stay exclusively with trading? Or just want to invest BTC in something that has a good chance of being profitable?

I meant the second idea you expressed, thanks for the good question

Quote from: H.W.Z on April 05, 2015, 10:57:07 PM

Probably you can invest in https://www.jua.com/, which claims "Your Coin Deposit In JUA Will Gain Interest Continuously." Or you can invest in the BTC ETF.

Thank you! Gonna look through that one!

Quote from: deisik on April 06, 2015, 06:08:06 AM

Quote from: dulldog on April 03, 2015, 08:01:31 AM

I'm a little out of topic but are there any cool btc traders or even maybe online-services to invest in? I mean I'm no trader but wanna try this market by means of professionals.

What is your criterion for telling between cool and... well, not so cool traders? Are you impying that you would want to give your money into trust management operated by some "cool btc trader" out there?

Well, I guess I thought something like that, but operated online and automated by some trusted website. I don't know how to call it, maybe I'm just making stuff up here Undecided

but I thought something like that might exist..

Amph

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trade is usually made of "waves" little or big one, i usually follow those wave, when a drop wave start i buy a little, and when a rise wave begins i dump a little, then i repeat the processe if the trend continue in tthe way it starter/initiated

i prefer to dump/pump small amount for every range the drop/rise begins, i don't if this is a good strategy, i just come up with it recently

Dotakels

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Quote from: grandFX on April 15, 2015, 03:21:27 PM

Quote from: hua_hui on April 09, 2015, 10:28:59 AM

Quote from: grandFX on April 09, 2015, 07:37:45 AM

Quote from: gkv9 on April 07, 2015, 11:45:08 PM

Quote from: grandFX on April 07, 2015, 11:38:53 PM

Quote from: gkv9 on April 06, 2015, 01:52:30 PM

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

Same with me, I dont use TP or SL, Just use Pivot indicator to see support and resistent and wait for 3 candles (triangle strategy) to open posisiton.

FTFY...

I also use MACD and Volumes, but mainly I don't trade using any indicators as these trend lines only give me awesome opportunities to trade...

But these indicators are only applied to the strong obvious trend line.

yes, i think trend lines very nice to see market uptrend or downtrend
but i never use it. i just using Vipot, RSI and MA for analysis.

These strategies are specially applied well to the strong market movement. We need patience to wait the opportunity.

yes, of course . patience is very important for a trader
and just patience, we could get the chance to make a profit.

Yes thats right . We should have patience. We have to wait that the line go upward so that we can make a big profit.

grandFX

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Quote from: hua_hui on April 09, 2015, 10:28:59 AM

Quote from: grandFX on April 09, 2015, 07:37:45 AM

Quote from: gkv9 on April 07, 2015, 11:45:08 PM

Quote from: grandFX on April 07, 2015, 11:38:53 PM

Quote from: gkv9 on April 06, 2015, 01:52:30 PM

I am not that good at trading as I don't use TP or SL, but I just trade the breakouts based on the trendlines I have set into my charts...
It's lot profitable, but as I said, when I start losing I lose a lot becoz of no profit/no loss level set...

Same with me, I dont use TP or SL, Just use Pivot indicator to see support and resistent and wait for 3 candles (triangle strategy) to open posisiton.

FTFY...

I also use MACD and Volumes, but mainly I don't trade using any indicators as these trend lines only give me awesome opportunities to trade...

But these indicators are only applied to the strong obvious trend line.

yes, i think trend lines very nice to see market uptrend or downtrend
but i never use it. i just using Vipot, RSI and MA for analysis.

These strategies are specially applied well to the strong market movement. We need patience to wait the opportunity.

yes, of course . patience is very important for a trader
and just patience, we could get the chance to make a profit.

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