Topic: What is your trading strategy? - page 6. (Read 304679 times)

I think that in order to succeed in any field or work, you also need to map out your plan, purpose and strategy. These will help you achieve your goals and not worry about external factors. I usually plan 3% of profit every day, stop loss at 3% and always follow what I set out. Any mistake will cost you your own money.

trading strategies, for me all trading strategies have discipline in common. I don’t think finding a trading strategy that works well is all that difficult. Time consuming, yes, but difficult? No. The difficult part is sticking with it through multiple losing trades and understanding that it is all a numbers game and that in the long run, your edge should work, if it is a real edge. This is where most fail, because of the difficulties of sticking with a strategy when emotion and real money is involved. So, if you are depending on hope the stock market will most likely chew you up and spit out the gristle. There are so many people who dream that they can start with a small nest egg, say a thousand dollars or a hundred thousand dollars or a million dollars, and by dint of their enormous desire, steely nerves and lightning fast response time, turn that into a huge fortune. They point to the very few people that have actually succeeded at this as evidence that is possible, without realizing that these few people are the ones everyone talks about. No one talks about the millions of people that have tried this and failed.Do yourself a favour. If you must trade stocks, do it with a small part of your assets, a part you can afford to lose. Because lose it you most likely will, at some point.

You can't have one trading strategy fit every market scenario. Cryptocurrency market is highly amateur where Market makers are only earning profit screwing the small investors. Coins tend to divert from chart analysis. Bots are doing the major trading. Thus, I always prefer short term trading with diversified portfolio along with having set stop losses and profit percentage. Never let your emotions drive your trading. Have percentages in mind and close your trades accordingly.

Is it really a guessing game when we are talking about Bitcoin? After all, if we follow the media attention Bitcoin is getting we can have a pretty good idea of the general psychology of the average trader.

My trading strategy is simple like for example the coin have price wait to dump the price before to buy. After u buy a small price wait for the price is going up. But there's a risk a coin dumping big a chance to become dead. Thanks and god bless. Happy trading guyz. It is a good think that you're not doing day trading because day trading is completely gambling so most of the those day traders will end up in big loses

I have a friend who knows when the coin will go down in the dumps and when the coin will rise. as long as I follow her strategy, I always make a profit. but this is still complicated for me to learn, they perform fairly complex calculations in my opinion. and if we are wrong in our calculations will be late buy order when coins are already in the dump. I will share my trading strategy

My trading strategy is first reading about the coin that i want to trade, reading articles what is happening, is there any investment, anything new etc. Then i see the price in many exchanges compare each other and start trading with a low amount. Day trading bitcoins is not possible most of the days. However, if you read the charts quite well, you can predict the rise and fall of the bitcoin price much earlier  than that they happen

You are right no one is born with knowledge, so we have to learn things which will give benefit to us. Many experts are analyzing the market only on the basis of knowledge they have, those people worked a lot to acquire knowledge about trading.

My trading strategy is just simple, I just buy altcoins in their lowest price and sell them when there is an increase in price even a little bit.

My system in exchanging is looking for whales who where holing up behind of coins and afterward ride with them. Whales can control the cost of those coins. News and web-based social networking's can help you to assemble a few whales data. Moreover, obviously technique of essentials and specialized examination is vital

you can see when is low in the market and when the coin is in red but this is not always guaranteed because sometimes the price is going to down again and if this happens then it is a good time to buy. and for the high, I think when the price is in green position and we can sell the coin to make a profit and only you that will know how much the price to sell. I think we can try to buy when the price is in the red and if we can see the price bounces up then we can sell and don't too greedy to take the profit.

I trust that is simple, it's difficult to spot whales quite I can just say that the whales are controlling the value so they can make
moment cash through pump and dump. It's typical in crypto, I even trust they are the ones who are spreading FUD so the powerless hands will dump.

The last words is very important, we should never fall in love because in crypto there is a lot of hype and worst is that you will end up
a bag holder. Wise investors or traders knows how to manage their funds, they will diversify no matter what so when some of your coins are
not performing, you have a chance to be profitable in other coins.

my strategy Elliot wave,

BUY LOW AND SELL HIGH WHICH HAVE BEEN THE NORMAL GAME PLAN.
QUESTION IS WHEN IS LOW AND WHEN IS HIGH?
JUST MAKE SURE YOU ARE BUYING WITHIN BASELINE.
OBSERVE THE MARKET CAREFULLY AND KNOW WHEN TO DIVE IN.

REMEMBER NEVER FALL IN LOVE WITH A COIN

I'm just running the gunbot and let' the magic happens.
I bought user strategy.

I think the basic strategy is always to work, no one is born as a born trader. So being a trader is not a talent business, people doing daily analysis gain more. I follow people trying to do this.

Learning from last year I prefer to invest in new coins because it can buy cheaply, but need to carefully choose the coin because otherwise it will incur losses, I prefer for long-term trading. Because last year I experienced many losses

I find right now if you buy at what you think is a new low and then it goes even lower, you have to wait a long time before you can sell for even a little profit. Basically, your first move better better be the right one or you are screwed.

i wish how to know how to read charts. this is what i am really interested in. its just that i am having hard time looking for a tutorial that can be easily understand.
mostly, i see some books and journal but it is a bit complicated. i hope someone could give me a good book perhaps.