Topic: What is your trading strategy? - page 33. (Read 304667 times)
I would love to do day trading, but I don't have the time to sit behind the charts the whole day. So I have to swing trade. In the cases that I trade it makes sense, because I choose coins which look like beeing at the beginning of a pump but it can take days, or up to 2 to 3 weeks, untill that actually happens. The amount of time I can put into trading is perfect for this swing trading strategy as I can do something every couple of days. I buy low, use stop loss orders form the beginning and then follow the price action with a short view every day to see if I should take profit or at least put a certain take profit order. But I'd love to quit my job to do nothing else than reading charts
Since I am very new with trading, I really learned a lot from this good forum. Here's my simple strategy, of course the basic and common principle "buy low and sell high". I just want to add some points like don't include your emotions when trading and NEVER panic plus have some gooooood patience since crypto trading is really volatile
It is great that you have learned the basic rules of trading from this forum. Whatever rules you have explained, definitely they form the foundation of the trading. Emotions as you have discussed should not even cast a shadow on your trading decisions. Staying calm during dumping phases really help you later. Good luck since you is new to trading! Hope you will rock! 
Never been try to experience on how to trade and never try all the difficulties of every trader before they get an income from trading. I've been reading the comments from this forum and now starting to learn about this "BUY LOW, SELL HIGH". I think it's a very smart strategy and a very effective way. I want to try this when i finally made a decision to trade.
I have recently started applying all new strategy which I have read on the forum itself. In this strategy I'm putting my stakes in a coin a one exchange site which has lower rates of buying the coin and then I sell it in to other exchanger site where the coin sell price is pretty higher as compared to buying exchanger. It takes time to exchange the coin but most of the time it pays off the efforts by as much as three to four percent extra profits.
What exchange sites are you using for selling and buying the stakes?
Or, can you provide link to post on this forum for this strategy please.
my theory is simple,buy when rate is dump and sell when rate is pump.
Yes that is also my strategy in trading when its price goes to dump we need to buy it more and more and hold or save it for long term, its means if these are cryptocurrencies like etherium or bitcoin to save it for a year or more year and if these are altcoin to save it for monthly are weekly. Moreover, when we sell our coin not to low price when its price goes to increase then we need to sell it Mine is simple and the best. Buy low, wait, sell high. 
For extra I do day trading when there is panic making the price swing up and down.
Don't force yourself to trade that much, take some distance from time to time.
For extra I do day trading when there is panic making the price swing up and down.
Don't force yourself to trade that much, take some distance from time to time.
Mine strategy looks like yours. I also put some target price.
I am not a specialist but I put my target prices according to the technical analysis I make.
Before the long term trade or investment
I follow slack channel
I use social media
I use google trends
My strat is dollar cost averaging in and out of the alts I play. seems to work pretty well.
Since I am very new with trading, I really learned a lot from this good forum. Here's my simple strategy, of course the basic and common principle "buy low and sell high". I just want to add some points like don't include your emotions when trading and NEVER panic plus have some gooooood patience since crypto trading is really volatile
I have recently started applying all new strategy which I have read on the forum itself. In this strategy I'm putting my stakes in a coin a one exchange site which has lower rates of buying the coin and then I sell it in to other exchanger site where the coin sell price is pretty higher as compared to buying exchanger. It takes time to exchange the coin but most of the time it pays off the efforts by as much as three to four percent extra profits.
Let's see the LakeBTC's graceful charts, during this period when drop $2 per rise $1 
How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!
Trading in bitcoin for me is very helpful to double or to earn more money using your principal money, but the question is how can you/i be sure that my profit will not be loss as easy as we know? Me my strategy for that situation is i have a division of profit or i have an alloted things to do with my earnings/profit like: i invest some of my profit in other trustworthy businesses, and i buy athor currency who are lower value and i sell it but i make sure when i sell it i am not going to loss. And also me personally conduct a business using my profit and manage it wisely. How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!
I think the only good trading strategy is doing your research.
Once you are well informed about the coins you want to invest in you have a good chance to make some profit.
Key is ofcourse buying low selling high, but how can you achieve this.
Personally I focus on reading related articles and also attending to meetings.
While trading I use some free software as a reference, it predicts the future markets of several coins. www.cryptoforesight.org
Trading will always be somewhat unpredictable, but by doing some research before investing you can make some money
Once you are well informed about the coins you want to invest in you have a good chance to make some profit.
Key is ofcourse buying low selling high, but how can you achieve this.
Personally I focus on reading related articles and also attending to meetings.
While trading I use some free software as a reference, it predicts the future markets of several coins. www.cryptoforesight.org
Trading will always be somewhat unpredictable, but by doing some research before investing you can make some money
my theory is simple,buy when rate is dump and sell when rate is pump.
Altcoin prices are so much down, for this maybe we should really monitor the price. Bitcoin prices affect everything. If you do have a strong feeling for a coin, then do not hesitate to buy the coin, because it could be your advantage.
Let's see the LakeBTC's graceful charts, during this period when drop $2 per rise $1
How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!
How do you keep the profit? If cant, how do you stop loss? please share your strategy with me, thanks!
In trading, my strategy is buy low currency and keept it until the selling price become high or i just set my selling currency in a particular value knowing that i'm sure i gain a great profit. And to avoid lossing and for assurance after selling my currency i cash it out and deposit into another wallet that i am sure it will not be loss.
in time there may be as many 'strategies' for this as there are now for wall st.....
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
buy at any price you think is good and hold until you make some profit and sell them. I never go for day trading because I'm not good in predicting the price movements on day basis.
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.
You say it can't 100% make money, then I'm sure you're not a day trader.
the ture day trader, even if only 0.01 profit (it depends on the smallest unit which set by exchange), day trader will do it.
so, as a day trader is very tired to his job, never like me to only trade with visible profit.
in time there may be as many 'strategies' for this as there are now for wall st.....
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
buy at any price you think is good and hold until you make some profit and sell them. I never go for day trading because I'm not good in predicting the price movements on day basis.
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.
in time there may be as many 'strategies' for this as there are now for wall st.....
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
buy at any price you think is good and hold until you make some profit and sell them. I never go for day trading because I'm not good in predicting the price movements on day basis.
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.
My strategy is to buy when the price goes down that would also depend on the technical analysis that I use and then I just set a certain percentage to take profit. My trade is usually just for day trading and then when the price goes down I would just average down for the expected price to go down as well. Reading the news also is one of my basis in trading because if there are unusual movement then I would just wait for another day to trade.
Long term is the best strategy. Buy low and sell high.
Yep! This strategy works well with bitcoins. They let you enjoy profit only when you are holding onto them for a long time. Indeed it is the simplest and most efficient trading strategy. Buying low and selling high is the only way to make profit in crypto trading. Bitcoin trading or trading with any other coin is not for emotional or short tempered people because it demands tremendous patience. 
don't trade for a year!
I feel this statement is too extreme, you may be too panic with the current situation. 2 months I think all will be back to normal. Some people are waiting BTC down, 1 week ahead and take the lowest price. After August we look forward to the highest BTC prices.Jump to: