What is your trading strategy? - page 46.

Ziskinberg

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Quote from: tabas on April 10, 2017, 07:14:13 PM

Quote from: gabbie2010 on April 10, 2017, 01:29:13 PM

Trading is not just the art buying when low or high It requires learning a lot of skills. In forex trading for instance a trader must learn both technical and fundamental analysis of trading in order to be profitable in a long run candlestick pattern is another tool used in trading.

And we are in crypto trading, so don't compare it with forex for they are completely different and far from each other. In crypto trading, in reality you don't have to be that high in skills as long as you know how the market works and it's cycle. You are fine to do that buy and sell, low and high movement.

Different trading platform needs different approach, I've never done forex trading in my life because I find it complicated but when I discover bitcoin I'm getting interested in trading because I have seen a lot of success stories here and that inspired me a lot. My strategy in trading is very simple, I know that crypto is news driven so I just keep myself abreast with the recent news, and buy and sell accordingly.

Sled

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Quote from: tabas on April 10, 2017, 07:14:13 PM

Quote from: gabbie2010 on April 10, 2017, 01:29:13 PM

Trading is not just the art buying when low or high It requires learning a lot of skills. In forex trading for instance a trader must learn both technical and fundamental analysis of trading in order to be profitable in a long run candlestick pattern is another tool used in trading.

And we are in crypto trading, so don't compare it with forex for they are completely different and far from each other. In crypto trading, in reality you don't have to be that high in skills as long as you know how the market works and it's cycle. You are fine to do that buy and sell, low and high movement.

Trading cryptocurrencies and foreign exchange is truly very different. Cryptocurrency is easier and more like to people who don't have that high knowledge in trading because all you need to do in cryptocurrency trading is just to analyze the coin based on the given informations and you just need to buy from the low price and sell it for a higher price after the pump and you could easily earn money unlike in forex that you need to monitor and study different kind of trading tools and observe the graph 24/7.

tabas

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Quote from: gabbie2010 on April 10, 2017, 01:29:13 PM

Trading is not just the art buying when low or high It requires learning a lot of skills. In forex trading for instance a trader must learn both technical and fundamental analysis of trading in order to be profitable in a long run candlestick pattern is another tool used in trading.

And we are in crypto trading, so don't compare it with forex for they are completely different and far from each other. In crypto trading, in reality you don't have to be that high in skills as long as you know how the market works and it's cycle. You are fine to do that buy and sell, low and high movement.

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Trading is not just the art buying when low or high It requires learning a lot of skills. In forex trading for instance a trader must learn both technical and fundamental analysis of trading in order to be profitable in a long run candlestick pattern is another tool used in trading.

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Quote from: zagarcoin on April 10, 2017, 12:46:19 AM

For me, trading needs skill, you should know how to analyze and monitor the prices. It needs patience, you can't rush it as you wanted. Other says it is unpredictable that's why it also need awareness. My strategy for bitcoin now is buy under $ 340 and Hodl for lon. There is no 100% trading strategy can make you always win.

if we have skills then i think we can predict where bitcoin price would go so we can make some order for buy or sell. but to buy in under $340, i think there is no chance for us to buy at that price. we need to recondition for now and we should thinking to make order buy for the price now and hold it for long if you want. in my experience, there is a way that can make us to get 100% profit as long as we have a patience to waiting the price is increase.

bitcoinisbest

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If you have a client base huge then it should not be a problem bcoz then you would have a frequent buyers/sellers with you in over period of time. Only thing you should be able to take care at the time of extreme volatility which happens to bitcoin where prices move 50+/- in short period of time.

zagarcoin

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For me, trading needs skill, you should know how to analyze and monitor the prices. It needs patience, you can't rush it as you wanted. Other says it is unpredictable that's why it also need awareness. My strategy for bitcoin now is buy under $ 340 and Hodl for lon. There is no 100% trading strategy can make you always win.

pinggoki

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Quote from: 1Referee on November 21, 2014, 07:53:52 AM

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

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.

My strategy also is buy low and sell high. In trading you need to be wise, you need to be patient and watch the coin that are you trading if it is being dump or pump.
I think its much better to buy some altcoin and trade it.

Sled

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Quote from: grandy on April 08, 2017, 06:44:59 PM

Quote from: chineseprancing on April 08, 2017, 06:23:53 AM

Quote from: fathur.aza on April 07, 2017, 10:10:17 PM

buy if prices fall and sell when prices are high and do not miss the news.

bitcoin sell when people need it and think bitcoin is the future.

If that is your strategy just be careful on the coin that you trade, much better to learn first all the coin that has potential to increase it value because if you only buy and sell coin there is a possibility that you money will stack at the coin you trade. And that is not good in trading.

and to me my strategy is very simple. As i am earning money from trading alt coin therefore my strategy is to select a potentially good alt coin. i mostly invest my bitcoin for long term.

Same strategy like you. I also do altcoin trading for short term because it is very profitable for me and if you have a lot of bitcoins then it will be easy for you to earn money since you can manipulate or dictate the prices of the altcoins. I do long term investment in bitcoin because it is very good investment and it has a lot of potential in pumping its price in long term rather than short term. I put 5 bitcoins in altcoin trading and another 5 bitcoins in bitcoin investment in my cold storage.

grandy

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Quote from: chineseprancing on April 08, 2017, 06:23:53 AM

Quote from: fathur.aza on April 07, 2017, 10:10:17 PM

buy if prices fall and sell when prices are high and do not miss the news.

bitcoin sell when people need it and think bitcoin is the future.

If that is your strategy just be careful on the coin that you trade, much better to learn first all the coin that has potential to increase it value because if you only buy and sell coin there is a possibility that you money will stack at the coin you trade. And that is not good in trading.

and to me my strategy is very simple. As i am earning money from trading alt coin therefore my strategy is to select a potentially good alt coin. i mostly invest my bitcoin for long term.

chineseprancing

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Quote from: fathur.aza on April 07, 2017, 10:10:17 PM

buy if prices fall and sell when prices are high and do not miss the news.

bitcoin sell when people need it and think bitcoin is the future.

If that is your strategy just be careful on the coin that you trade, much better to learn first all the coin that has potential to increase it value because if you only buy and sell coin there is a possibility that you money will stack at the coin you trade. And that is not good in trading.

fathur.aza

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buy if prices fall and sell when prices are high and do not miss the news.

bitcoin sell when people need it and think bitcoin is the future.

crairezx20

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Quote from: richmcrich on April 07, 2017, 01:47:24 PM

If you check gunbot you can see my trading strategy.
First before even buying any coins I checked the strategy and found coins true to that ( not that there are many at one time) and found couple, checked and that was going up, than the next day I tried it again and it was higher again, so I tried with some money and it worked again, so I guess I will be buying the bot when I make enough money so I won’t have to do it manually anymore.

Where is your strategy?
In trading the best strategy is to keep stay in the top 20 altcoin or the altcoin the moving up and down and that can stay for long time..
And then setting up your own margin for 2 tier to 5 tier depends in your capital..
Sample you buy bitcoins today for $10 usd and your setup is $12 as your margin it means its your margin 20% and its your tier 1 and for your tier 2 is 50% which is $15 usd is your margin. so everytime the price is increase you can earn a good amount..

richmcrich

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If you check gunbot you can see my trading strategy.
First before even buying any coins I checked the strategy and found coins true to that ( not that there are many at one time) and found couple, checked and that was going up, than the next day I tried it again and it was higher again, so I tried with some money and it worked again, so I guess I will be buying the bot when I make enough money so I won’t have to do it manually anymore.

Victorycoin

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Quote from: deisik on April 05, 2017, 11:49:50 AM

Quote from: Victorycoin on April 03, 2017, 07:21:27 AM

Quote from: fitty on March 30, 2017, 09:21:41 PM

Quote from: mastermold on March 30, 2017, 03:11:08 AM

Mine is very simple. Buy when stable low price point is visible. And sell in volatile rallies . Or just hold long term for investment purposes. And yes I was able to make profits.

Same, since I was not a professional trader. I am only like guessing. Basing from the movement in the price. I am based on the buy and sell wall, If I can see that there are huge buy wall, then I add 1 sat with that. then when I have the coin. I am now looking at the sell wall. Then I subtract 1 sat with that. meaning I am only into the buy/sell wall. Usually I consider that a wall if the price before it reaches my bid/ask is 1BTC. Luckily, I am earning from that strategy and Im comfortable using that since I've started learning trading.

I think you can do much better by taking most of the guess work out of your trading equation by embracing some proven and tested indicators especially those ones that tends to highlight good entry and exit prices. Do you know of any of such indicators, if not simply ask, the wheels have already been invented long ago, no need trying to invent another wheel or enhance inefficiency by ignoring it

These wheels may take you where you may not want to be

The "proven" indicators you refer to are just moving your guesswork to some algo, but the end result will be essentially the same, if not worse. On the other hand, though, when you fail with one indicator, you can blame it (instead of yourself), and start moving through various other indicators with basically the same outcome, i.e. money wasted and capital lost

An unaided eye is largely at a loss what's going on in the market, but the introduction of some market indicators can paint a clear and brighter picture of market goings-on, thereby serving its purpose as a resource material any trader can use in reaching their trading decisions. Problem most traders encounter with indicators is that many turn around to see indicators as crystal balls instead of milestones. By the way, one is already damned for daring to put to use a tool he/she knows next to nothing about how they work!

geegaw

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I often use the strategy is to buy cheap and sell at high prices but it all depends on the situation of the market. Sometimes I choose the currency is down 30-50% to buy because its price is more likely to return and that can bring us 10-20% profit. And I like trading in big pumps and dumps because it will help me get some extra profits, although quite dangerous and risky but want wealth we need adventure. During pump and dump, we need to do trading quickly, should not keep too long

PokerFace3

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Quote from: wuvdoll on April 06, 2017, 01:32:28 AM

Quote from: bravehearth0319 on April 03, 2017, 03:26:44 AM

My trading strategy was very typical and normal action as a traders in the exchange platform. Just all I wanna do is when the price crashing down for me its time to sell and then if I know the coins is getting up that's the right time for me to buy, but this things I did need a a quick action just like as bot or more fast than a bot. Because I applied day trading, but you can also do long term trading just set buy wall and sell wall, its simple as that. Cheesy

I just wonder how you will be sure that prices will get crashed down or will get appreciated ? I believe this is what every traders will be looking to make use of it in their trading.

I guess it will not be that much easier to predict accurately. We need to have any special tools for predicting it that will be capable to support this strategy. Also, quick action is always the needed one before prices are jumping up or down.

I guess is he's talking about big rally. Usually big rallies are very easy to find out but we will get such big price movements once per month or two months.

So, there will not be possible for a regular type of trading but it will get big profits if we get right predictions. Instead of looking for big rally, I will prefer to stay finding daily small movements itself. My trading strategy is always concerning about staying safer with minimal risks.

jossiel

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Quote from: Sled on April 06, 2017, 07:43:39 PM

Quote from: jossiel on April 06, 2017, 06:57:11 PM

Quote from: blackhawkeye1912 on April 03, 2017, 07:01:45 PM

I f I saw the value of coins is going down in the graph I will set the coins at the sell wall at the price I'm going to fill it. And then if I find out that the value of the coin is going up I will act and buy at once to set it accordingly to the price I want to set it.

I don't get it, when the price of a certain coin that you are holding is going down, you are going to sell?

And if you see that the price is pumping up again that's the right time that you are going to buy? I guess you are saying it the opposite way.

When the price is going down, most strategy that is being done by many here is buy.

But when the price is going up, then that's the right time to set a selling price.

Yes that is right, that is the wrong way to do the trading and that will lead him for a negative profit performance.
Before you buy anycoin even it is a pump or dump scenario
Analyzation is a must for you to be sure that you are buying the good one.

It is why upon reading my face's reaction is frown. Well the best strategy right now as the price of bitcoin is on it's way up again.

Better to fasten your seat belt and keep on holding because it will give us a good profit when it reaches to another ATH.

For taking the advantage of it. Look at some potential alt coins that has a price of not that high that has many speculators and investors.

Because it will make that coin pump after btc's pump.

Sled

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Quote from: jossiel on April 06, 2017, 06:57:11 PM

Quote from: blackhawkeye1912 on April 03, 2017, 07:01:45 PM

I f I saw the value of coins is going down in the graph I will set the coins at the sell wall at the price I'm going to fill it. And then if I find out that the value of the coin is going up I will act and buy at once to set it accordingly to the price I want to set it.

I don't get it, when the price of a certain coin that you are holding is going down, you are going to sell?

And if you see that the price is pumping up again that's the right time that you are going to buy? I guess you are saying it the opposite way.

When the price is going down, most strategy that is being done by many here is buy.

But when the price is going up, then that's the right time to set a selling price.

Yes that is right, that is the wrong way to do the trading and that will lead him for a negative profit performance.
Before you buy anycoin even it is a pump or dump scenario
Analyzation is a must for you to be sure that you are buying the good one.

jossiel

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Quote from: blackhawkeye1912 on April 03, 2017, 07:01:45 PM

I f I saw the value of coins is going down in the graph I will set the coins at the sell wall at the price I'm going to fill it. And then if I find out that the value of the coin is going up I will act and buy at once to set it accordingly to the price I want to set it.

I don't get it, when the price of a certain coin that you are holding is going down, you are going to sell?

And if you see that the price is pumping up again that's the right time that you are going to buy? I guess you are saying it the opposite way.

When the price is going down, most strategy that is being done by many here is buy.

But when the price is going up, then that's the right time to set a selling price.

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