Topic: What is your trading strategy? - page 73. (Read 304667 times)
One of my trading strategy is to pick-up successful traders strategy comparing it with my trading knowledge. Trading strategy is not merely doing focused on one way since we will be dealing with different traders along the way thus trades sometimes comes in different procedures or method. And sometimes any strategy's will do as long as there is a smooth and successful trade done.
At the moment it's to see what coins are being hyped on the altcoin section here and then to buy them when they dip significantly. Doesn't always work out, but I'm a total piker anyway. Small potatoes.
Buy when there is despair and all hope is lose.
Sell when everyone is buying and think bitcoin is the future.
Sell when everyone is buying and think bitcoin is the future.
Hahahahahahaha
remain the same: buy down sell up
The problem with "buy low sell high" is that after you sell high, Bitcoin often keeps going up and up and up, while you're stuck in fiat. And sometimes after you buy low, it keeps crashing.
I am in same kind of boat
so how you can know that i'm clueless about trading, if you can't say that it's not akin to poker, which was my whole argument?
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
Well, I looked into what you might mean by +ev/-ev in respect to poker, and can only further confirm that you are clueless about trading. The expected value (ev) can be in player’s favor in games involving not only luck but also skill. One of such occurrences is poker where an experienced player can and should win in the long run (taken from here). This is absolutely not the case with trading. A skilled trader (unless he himself is cheating) in the long run can only minimize his losses by increasing the losses of the less skilled traders (-ev for all non-cheaters in a zero-sum game, and entropy for the rest of the world). He can't take profits from those who arbitrage the system. To avoid losses, he can only stay away from trading altogether or find ways to fuck (arbitrage) the system himself...
If you knew in advance what the price would be, there could possibly be no way that someone willing to trade with you would escape losses, no matter how advanced his trading skills might be
trading also do not involve only luck, but skill if you know how to do your strategy, both game are about being in a good position
even big poker player consider them akin, and you that don't know nothign about poker, pretend that they are different, or not equal or whatever you want
so no, the only clueless person here it's you....
btw minimizing his loss still mean +ev in the long term, otherwise if he was perennially -ev, it would not make sense to trade to begin with....
Oh, now I see you stopped blaming me that I need to "know the difference", lol
Losses are still losses, and someone ending up with less loss than the rest of the less lucky ones (or less skilled, which doesn't matter here) is still losing. It is just a question of time when you lose all to those who have an edge over you ("established profit opportunity"), since, as I said, you can't possibly take profits from them (no matter what your trading skills are), and they won't stop until you lose all. Some people seriously believe that there are winning strategies in Bitcoin casinos (martingale or something else), but every sincere Bitcoin casino owner will tell you that there are none. You can win big. Occasionally. And run away if you are smart. But you can't beat the house in the long run. In trading, you can earn from less lucky for some time (that's the difference between trading and gambling), but ultimately you are still doomed to face the house edge (when the less lucky ones lose all and go home, or just go home)...
Because, as you yourself said, someone must be +ev and the other are all -ev (emphasis added). You have stuck yourself in a corner
so how you can know that i'm clueless about trading, if you can't say that it's not akin to poker, which was my whole argument?
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
Well, I looked into what you might mean by +ev/-ev in respect to poker, and can only further confirm that you are clueless about trading. The expected value (ev) can be in player’s favor in games involving not only luck but also skill. One of such occurrences is poker where an experienced player can and should win in the long run (taken from here). This is absolutely not the case with trading. A skilled trader (unless he himself is cheating) in the long run can only minimize his losses by increasing the losses of the less skilled traders (-ev for all non-cheaters in a zero-sum game, and entropy for the rest of the world). He can't take profits from those who arbitrage the system. To avoid losses, he can only stay away from trading altogether or find ways to fuck (arbitrage) the system himself...
If you knew in advance what the price would be, there could possibly be no way that someone willing to trade with you would escape losses, no matter how advanced his trading skills might be
trading also do not involve only luck, but skill if you know how to do your strategy, both game are about being in a good position
even big poker player consider them akin, and you that don't know nothign about poker, pretend that they are different, or not equal or whatever you want
so no, the only clueless person here it's you....
btw minimizing his loss still mean +ev in the long term, otherwise if he was perennially -ev, it would not make sense to trade to begin with....
so how you can know that i'm clueless about trading, if you can't say that it's not akin to poker, which was my whole argument?
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
Well, I looked into what you might mean by +ev/-ev in respect to poker, and can only further confirm that you are clueless about trading. The expected value (ev) can be in player’s favor in games involving not only luck but also skill. One of such occurrences is poker where an experienced player can and should win in the long run (taken from here). This is absolutely not the case with trading. A skilled trader (unless he himself is cheating) in the long run can only minimize his losses by increasing the losses of the less skilled traders (-ev for all non-cheaters in a zero-sum game, and entropy for the rest of the world). He can't take profits from those who arbitrage the system. To avoid losses, he can only stay away from trading altogether or find ways to fuck (arbitrage) the system himself...
If you knew in advance what the price would be, there could possibly be no way that someone willing to trade with you would escape losses, no matter how advanced his trading skills might be
trading also do not involve only luck, but skill if you know how to do your strategy, both game are about being in a good position
even big poker player consider them akin, and you that don't know nothign about poker, pretend that they are different, or not equal or whatever you want
so no, the only clueless person here it's you....
btw minimizing his loss still mean +ev in the long term, otherwise if he was perennially -ev, it would not make sense to trade to begin with....
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.
Yeah thats a common strategy in trading but how about if bought altcoin instead of increase it will decreased and how to recover your loses instead.. Also i tried to set for buy altcoin in sell wall not in buy.. depends in the margin.. so that you can set below in buy wall..
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 do not have a real strategy to be honest the only thing I do is look at the prices and the upcoming events plus what is going on in the news.
Mostly if there is some good news I can trade for good prices due to the fact the price rises.
Mostly if there is some good news I can trade for good prices due to the fact the price rises.
I buy bitcoins at low rate like one btc for 320$ then I hold it until it up to high rate after I resell it for good profit.
my strategy is to buy cheap bitcoins and wait it to become high price and sell it then wait to be low price then buy cheap bitcoins again and again, easy strategy 
always hold your bitcoins and wait it to become high price then sell. trading is so easy to learn from newbies.
always hold your bitcoins and wait it to become high price then sell. trading is so easy to learn from newbies.One of my strategy in trading is utilizing every single bitcoin or resources to have my capital grow rather than wait for it to grow. There is a difference in the two trading procedures. especially profits.
my strategy is to buy cheap bitcoins and wait it to become high price and sell it then wait to be low price then buy cheap bitcoins again and again, easy strategy always hold your bitcoins and wait it to become high price then sell. trading is so easy to learn from newbies.
always hold your bitcoins and wait it to become high price then sell. trading is so easy to learn from newbies. So one may ask if it's possible to come up with a Ponzi investment strategy, huh? Get in when there is an apparent hype, and get out quickly, or get out when there is too much hype; try as many different Ponzis as possible, both simultaneously and in succession. I don't know if it's possible to make some bucks out of that.
Some Ponzis even allow to earn a little for anyone who is not too greedy and can stay so through the course. The well known example is Cointellect. They sold contracts but at the same time allowed everyone to "mine" a few euros a day in dogecoins for free (rumors had it those were stolen doges). Though I wouldn't try out a Ponzi investment strategy myself, even if it would leave me in green (and with green) in the end (in hand)...
It is simply not worth the effort (health-wise)
I see, yeah, however much bitcoin could be seen as a commodity, the separation between it and the real economy makes the market close to a zero-sum game - although I wouldn't call it zero-sum outright
I didn't call it a zero-sum game either. I said it is close to. How close can be estimated by the percent of real economy behind Bitcoin (i.e. by the volume of goods bought and services rendered for it versus the volume traded at exchanges)...
Since this percent is minuscule, if not infinitesimal, or just laughable, we can safely assume that Bitcoin is quite close to a zero-sum game
Haha yeah, in every market the speculator comprise the most portion but for crypto the speculator's share is much more than stocks or other commodities.
So one may ask if it's possible to come up with a Ponzi investment strategy, huh? Get in when there is an apparent hype, and get out quickly, or get out when there is too much hype; try as many different Ponzis as possible, both simultaneously and in succession. I don't know if it's possible to make some bucks out of that.
Two strategies
Buy low sell high
If all your analysis says to sell you should buy and vice versa.
Buy low sell high
If all your analysis says to sell you should buy and vice versa.
I see, yeah, however much bitcoin could be seen as a commodity, the separation between it and the real economy makes the market close to a zero-sum game - although I wouldn't call it zero-sum outright
I didn't call it a zero-sum game either. I said it is close to. How close can be estimated by the percent of real economy behind Bitcoin (i.e. by the volume of goods bought and services rendered for it versus the volume traded at exchanges)...
Since this percent is minuscule, if not infinitesimal, or just laughable, we can safely assume that Bitcoin is quite close to a zero-sum game
In general, trading is not investing. You may justly ask what's the difference, so I reply. In a zero-sum game (which Bitcoin is quite close to), there is hardly any. Your investments can be considered as a sort of prolonged trading (with the same outcome). In this case, because of the presence of those who gain profits based on "established profit opportunity", luck would play against you in the long run (just like in a Bitcoin casino). In the real world, this also holds true with respect to derivatives markets (e.g. options and futures). That's why insider trading is so severely punished by the controlling bodies (see The Billions movie series). This is not the case with bonds and stocks, and even less so with dividend paying stocks, since you are still expected to earn something in the former case (bonds) and can eventually earn through dividends in the latter (stocks). As a shortcut, you can safely assume that the farther the market is from real economy, the more speculative and thus more prone to all sorts of manipulation, cheating, and arbitrage it will be...
So, at one end of the investment spectrum we have bonds where you are guaranteed to get back the principal and interest earned in due course (no luck involved), and all sorts of HYIPs and Ponzi schemes at the other (pure luck, or lack thereof, lol)
So, at one end of the investment spectrum we have bonds where you are guaranteed to get back the principal and interest earned in due course (no luck involved), and all sorts of HYIPs and Ponzi schemes at the other (pure luck, or lack thereof, lol)
@deisik,
I see, yeah, however much bitcoin could be seen as a commodity, the separation between it and the real economy makes the market close to a zero-sum game - although I wouldn't call it zero-sum outright. This is even more so with altcoins.
On the other hand, the hype might be measured maybe, and the odds of winning such purely speculative games could be increased. In the end, the crowd is not well informed as the efficient market hypothesis assumes. So maybe those who are experienced in these waters could read between the lines and be de facto insiders.
I have to add that I haven't done an extensive research on the altcoin markets. As far as I can see, with enough hype and greed seen in the forum, all cryptos undergo a pumping period, which also signals its end beforehand. So maybe a properly diversified portfolio might bring a positive expected return. But as I said, my expertise is mainly focused on the stock market, and I'm not sure if this works out with crypto.
Best,
Jian
I bought some altcoin at a very cheap price ranges. then I wait and sell at a high price. My strategy is to resist patience. I waited a very appropriate time to achieve a large profit.
Yeah it needs patience and trading is not instant that you can make a profit one you buy and sell sooner.. it takes days before you can make a real profit.. but sometimes i tried also to sacrifice buy new releases unknown altcoin then sell it sooner.. i made a profit in that way but sometimes lost and its high risk.. so how you can know that i'm clueless about trading, if you can't say that it's not akin to poker, which was my whole argument?
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
it's not about "i didn't talk about the difference, like you said" it's about the fact that you need to know the difference if you want to say that i'm clueless
Well, I looked into what you might mean by +ev/-ev in respect to poker, and can only further confirm that you are clueless about trading. The expected value (ev) can be in player’s favor in games involving not only luck but also skill. One of such occurrences is poker where an experienced player can and should win in the long run (taken from here). This is absolutely not the case with trading. A skilled trader (unless he is cheating himself) in the long run can only minimize his losses by increasing the losses of less skilled traders (-ev for all non-cheaters). He can't take profits from those who arbitrage the system. To avoid losses, he can only stay away from trading altogether...
If you knew in advance what the price would be, there would be no way that someone willing to trade with you could escape losses however advanced his trading skills might be
@deisik,
As far as what I understand from your sayings, you think the investment arena is based on pure luck. Am I correct?
Best,
Jian
In general, trading is not investing. You may justly ask what's the difference, so I reply. In a zero-sum game (which Bitcoin is quite close to), there is hardly any. Your investments can be considered as a sort of prolonged trading (with the same outcome). In this case, because of the presence of those who gain profits based on "established profit opportunity", luck would play against you in the long run (just like in a Bitcoin casino, or just casino, lol). In the real world, this also holds true with respect to derivatives markets (e.g. options and futures). That's why insider trading is so severely punished by the controlling bodies (see The Billions movie series). This is not the case with bonds and stocks, and even less so with dividend paying stocks, since you are still expected to earn something in the former case (bonds) and can eventually earn through dividends in the latter (stocks). As a shortcut, you can safely assume that the farther the market is from real economy, the more speculative and thus more prone to all sorts of manipulation, cheating, and arbitrage it will be...
So, at one end of the investment spectrum we have bonds where you are guaranteed to get back the principal and interest earned in due course (no luck involved), and all sorts of HYIPs and Ponzi schemes at the other (pure luck, or just lack thereof, lol)
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