Topic: What is your trading strategy? - page 45. (Read 304648 times)

i think it will already be a very right decision that if you are playing gambling with some planing or strategy, as gambling is really a very risky way of making money therefore you need to very much careful while making money in gambling.

and my strategy is that i use trading in a limit and never try to overcome that lime. whenever i reach to that limit then i try to stop trading any more, and then start trading for the next day again.

Trade with patient..wait the prize go down and buy bunch of alts coin then sell it when the prize go up. Just be patient and dont be too greedy. Many peopke hold to long the alts.but for me. Buy and sell wtleast i gain profit on it.

to me my trading strategy is very simple i play gambling with some planing and strategy, i try my best to withdraw my invested amount through profit and then continue with the profit.

I have some experience trading and for me, the best results in crypto have come with a medium and long term trading strategy and swing trading on the side. By medium I mean about 1 trade per month. I also do swing trading in alts (2-3 trades per week) but with a smaller percentage of the portfolio. I also tried margin trading and I advise anyone doing it to learn technical analysis and use MT4 for BTC-e, like someone here suggested earlier. However if you are new I don't recommend any intra-day margin trading at all, because a 3.5% dip in BTC like yesterday, could touch your stop losses (if you even have a stop loss, in which case it could be worse depending on your leverage). Surely, if that can be bad for bitcoin, you can imagine how bad it can be in alts, where price can easily drop 10% - 20% in a day.

I avoid margin trading in my strategy. I find trading crypto more similar to traditional Wall Street than Forex, so picking alts is a big part of my strategy. Part of picking an alt has to do with technical analysis in my case, so basically I'm looking for bullish alts with low potential of a bubble. I do not trade based on fundamental analysis, because unless it's something like the halving or anything obvious, I assume that any inside information is not going to be known, so it is imperative to use technical analysis and I think anyone trading crypto should at least learn the basics (even if they don't do margin trading).

For the most part I am managing the bad trades and cutting loses, because in my case the profitable trades usually need longer periods of time before I take profits. So for my swinging strategy, I get out of around 3 unprofitable trades and 1 profitable trade. This overall has proven profitable for me because I pick low risk high reward trades. I am thinking about trying a high risk, low reward type strategy (which I don't recommend for new people, unfortunately they tend to like these ones a lot) as soon as I get more time, and maybe I'll provide more details.

forex trading feel so hard and complicated because there only small price movement every hour, every day and every week make a common people don't understand how to take profit from it , but actually there is something called leverage which can help you to make profit with that small movement. a little bit complicated indeed compared to crypto trading where every second the price moving so fast and it makes people easy to take benefit on it.

buy low and sell high are not a strategy , it is a must! it is a principle. a way to get a low price to buy and a high price to sell then it is called strategy.

My trading is strategy is very simple , I buy altcoin the price is cheap and then I will sell it if the coin pump or increase to make a profit. This strategy is very effective many traders also uese this strategy. There are many strategies you follow its your choice who strategies you pick . I also make a research before buying coin to know if they have potential to increase or not. I also make a research before I sell the coin I have because I want to know if this coin have more increase .

yes, you buy low and sell high but you forgot the important strategy is "patient" . 

My SUPER strategy - buy on low, sell on hight....... that's all..

yes it is very much important to have a good trading strategy. i think if you do not have a good strategy then it is very risky as it is very much complected to invest your money in trading altcoin or trading bitcoin.

trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets.
Risk-to-Reward Ratio, as illustrated on FXCM Trading Station
‘How Much Capital Should u Trade

The movement of currencies in forex is very fast that's why for me it's better to go with crypto trading. As I can't cope up with forex with that fast phase of trading. Also the capital investment their isn't that going to be effective if you will have small amount and that's an opposite thing in crypto but still it's up to you.

Yes cryptotrading just need usual methods or easy things to make a profit and not like in forex that you will need a lot of effort in studying a lot of charts and putting a lot of effort in watching the movement of the chart and many more hassle things that you will encounter in forex but in cryptotrading you just need a small time to look at the charts and execute trading then boom, you can earn profits in a lot easier than hassle forex.

Yes you are right with it, there are other trading in real life but it is more easier for us to understand this crypto trading. Since I'm not really into forex and I know that it's riskier than crypto trading. I choose to do focus on it since the market of crypto is very good and there are a lot of choices for us to trade by simply doing the usual method.

The simplest form of "buy low, sell high" is the BTFD strategy

It means buy the fucking dip (moron). Its main drawback is that it only works when the price is set to grow over long term, as was the case with Bitcoin for the last year and a half. I feel that Bitcoin is going to rise further unless something really unexpected happens, a Black Swan event of sorts ("prepare for the unforeseen consequences", as it were), so this simple strategy will continue to bring profits. But other than that, this and similar strategies fail miserably if the price starts trading sideways or crashes heavily (without a chance of coming back)

Neither do I, forex trading felt so hardly to get involved which has bigger risk instead of cryptocurrencies trading. Some strategy already mentioned above and I really pay attention to the right time whether will buy or sell it because when you miss the highest peak of an altcoin then you might be loss for good, except for famous coins especially bitcoin.

How to identify the lowest price means, now BTC price is 1200$ if the price goes down to 800 or 900$ then that is the best price to buy coins. If you ok with small profit then 1000$ is also the best price. Selling price must be more than 1200$ then it is profitable. No one predicts the exact price just based on previous day market price we can predict the next day price.

Its very much easy to say that buy low and sell high but no one knows which is the lowest price to buy and which is the highest price to sell as once you buy or sell price can even go higher or lower and luck will play a major role in that scenario as every time getting the best price is impossible.

The answer almost everyone is going to tell you is buy low, sell high. This is probably the most recommended option to gain profit in both long-term and short-term. The only problem is this is that we won't know that the future price will be.

I basically agree with this stance

In forex trading, you either play against big fish (like banks and investment companies) or against your own "broker", so most traders are set to lose all a lot faster than they would lose in cryptomarkets. With Bitcoin, on the contrary, you trade mostly against other wannabe traders, so your chances not to lose all too fast are higher if you are just a bit better in your trading skills than the rest of the trading folk