What is your trading strategy? - page 77.

SebastianJu

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Quote from: deisik on May 14, 2016, 02:22:54 AM

Quote from: SebastianJu on May 13, 2016, 06:12:58 PM

The waiting strategy... I heard of it but it sounds highly risky to me. Deadly with leverage for sure too.

This strategy is called reversion to the mean (mean reversion). The point is that most of the time the price of an asset (usually stocks and commodities) returns to its mean value (over the years) in due course

Yeah, that is probably true for stable values like world currencies or gold, oil and such. Though it would mean a really long term investment which most people that speak about trading here will never consider. At least for daytrading it is deadly... it broke my neck last time I tried my next run of learning how to trade. Cheesy

Of course I traded with leverage because I only wanted to risk $20 in total for that run. It's still way way better than risking more until I can be very very sure that I have a proper advantage and loss management.

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Quote from: rekinthis on May 15, 2016, 10:59:27 AM

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 is almost same as yours but i upgraded it, as i sell only when price rises 15% more than i bought, so this way i always get profit, as i trade bitcoins only

but not trading and just keeping eye on price is good too as you will get needed info so you will be able to predict price in future, and if you will do that you will get more profit

I generally try to sell high buy low. Most of the time however, I end up needing the money when I have no other money. in addition, I never buy bitcoinb, but insteadf sell goods and services.

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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 is almost same as yours but i upgraded it, as i sell only when price rises 15% more than i bought, so this way i always get profit, as i trade bitcoins only

but not trading and just keeping eye on price is good too as you will get needed info so you will be able to predict price in future, and if you will do that you will get more profit

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Quote from: sempak on May 15, 2016, 08:22:19 AM

Quote from: AakZaki on May 14, 2016, 11:28:55 AM

My strategy to buy when prices fall and selling when prices rise .

it is not a strategy. it is an exact science to make trades. you must do it. strategy is how you are to take profits here. trading is easy if you have a large capital.

It is. Just in case, it is called BTFD. May work unless you start catching falling knives

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Quote from: AakZaki on May 14, 2016, 11:28:55 AM

My strategy to buy when prices fall and selling when prices rise .

it is not a strategy. it is an exact science to make trades. you must do it. strategy is how you are to take profits here. trading is easy if you have a large capital.

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My strategy to buy when prices fall and selling when prices rise .

deisik

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Quote from: SebastianJu on May 13, 2016, 06:12:58 PM

The waiting strategy... I heard of it but it sounds highly risky to me. Deadly with leverage for sure too.

This strategy is called reversion to the mean (mean reversion). The point is that most of the time the price of an asset (usually stocks and commodities) returns to its mean value (over the years) in due course

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Quote from: SebastianJu on May 13, 2016, 06:12:58 PM

Quote from: deisik on May 13, 2016, 03:32:53 PM

Quote from: SebastianJu on May 13, 2016, 01:35:09 PM

I really don't get you guys. Cheesy

They most likely mean that closing a losing position is not an option, i.e. you should always wait it over till price reverts

No, I have read that too often now. It's publicized like it would be a strategy of some kind. While it should be nothing worth to mention because it's the basic of what one does while trading. If one does not do this then he does not trade for profit

It may look weird but for many people it is sort of an eye-opener. Not that they don't know this, but understanding this and yet more feeling it through may be quite a different experience...

That's why "buy low, sell high, moron"!

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Quote from: deisik on May 13, 2016, 03:32:53 PM

Quote from: SebastianJu on May 13, 2016, 01:35:09 PM

I really don't get you guys. Cheesy

They most likely mean that closing a losing position is not an option, i.e. you should always wait it over till price reverts

No, I have read that too often now. It's publicized like it would be a strategy of some kind. While it should be nothing worth to mention because it's the basic of what one does while trading. If one does not do this then he does not trade for profit.

The waiting strategy... I heard of it but it sounds highly risky to me. Deadly with leverage for sure too.

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Quote from: SebastianJu on May 13, 2016, 01:35:09 PM

I really don't get you guys. Cheesy

They most likely mean that closing a losing position is not an option, i.e. you should always wait it over till price reverts

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Quote from: bitcoinbox on May 12, 2016, 05:01:19 AM

Many people will say: "Buy low, sell high" and this is so true!

I wonder if you guys write this to anger others or if you really don't get it. With trading there IS ONLY that way to earn. Buy when the item you want to buy is priced low and sell when it is higher. It's no strategy or something. It is what successfull trading means. It is not worth to mention it that way. It's like you guys want to educate someone asking you on how to solve a mathematical calculation and you guys step in and tell him "It's simple... you solve it by solving it." and standing besides smiling and feeling smart.

A strategy is how to solve it, not to solve it.

I really don't get you guys. Cheesy

J Gambler

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My mentor said "take advantage of the market trends. Buy as they start to rise - Sell when the start to fall" i always keep it on my mind .

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Truthfully, there is no single strategy that can make long-term profit. But usually, the popular "strategy" include buying low and selling high. This would work if people knew where the market was going. Unfortunately, we don't. So, just use your "strategy" and hope for the best.

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I really do not have a trading strategy, I just sometimes trade if the price is nice and I can make some nice profits.
I just look good at the upcoming events and pricing.

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Quote from: gilangIDR on May 12, 2016, 09:04:27 AM

I will wait patiently bitcoin prices upward. If I've been able to sell the coin at a higher price than when it then I'll sell it when that too.

Really this is good bro. I usually do the strategy by seeing a large enough volume on the coin and the coin price drops below 20%, then I buy it and sell it when the price has gone up. and it is enough work for me...

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Quote from: gilangIDR on May 12, 2016, 09:04:27 AM

I will wait patiently bitcoin prices upward. If I've been able to sell the coin at a higher price than when it then I'll sell it when that too.

patience is needed in trading strategy, if you believe, you will definitely patient to wait for higher prices.
but when there is a better opportunity to sell it, rather than waiting for higher prices would wait no longer.

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Quote from: bitcoinbox on May 12, 2016, 05:01:19 AM

Many people will say: "Buy low, sell high" and this is so true!
In my case the only way to do that is to watch the MACD and the volume.
It is very easy to lose the profit in beeing too greedy. +0.2% is better than -1.00%.

this is true buy low and sell high, but we dont know when the low price and when the high price?
my strategy keep on eyes your trade, you know if there is a dump or pump.

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Quote from: mindrust on May 12, 2016, 03:36:57 PM

If i lose my position after i buy, i just forget that transaction and i wait another big dump. Not everytime but i usually get in from the bottom

It is the same as adding to a losing position, that is, you continue buying when the price is falling without cutting your losses short ("i just forget that transaction")...

It may work for some time, but you never know where true bottom is (well, at ground zero)

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Quote from: deisik on May 12, 2016, 04:34:31 AM

Quote from: BitHodler on May 12, 2016, 04:21:38 AM

Quote from: mindrust on May 11, 2016, 02:51:53 PM

When i see a big bloody red bar, i usually buy. Because that big red bar is usually followed by big green one. The opposite is also very doable. When i see a good pump, it is usually followed by a nice dump.

Yes, but in some cases the price keeps dropping after a red candle and another red candle.

It doesn't always work in your favor unless you have enough funds to buy till the bottom of that day.

Adding up to a losing position is never a good idea. Even if do get away with that this time (or however many times before), you acquire a false feeling of being always right (bordering on perkiness and recklessness), and one day your account gets wiped away (if you are trading on margin) or you are stuck with garbage, be it some shitty altcoin or stock of a failed company. It may take years, but the end is always the same...

Most learn this rule the hard way, though

I never buy more if i am losing my position. But i do the opposite. I always sell more if the price is climbing. Why? Because btc hasn't gained my trust yet, it is still a manipulative market and that's why i don't hold many coins.

If i lose my position after i buy, i just forget that transaction and i wait another big dump. Not everytime but i usually get in from the bottom.

Altcoins are another story. I never ever mess with them. All of them are scam.

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I will wait patiently bitcoin prices upward. If I've been able to sell the coin at a higher price than when it then I'll sell it when that too.

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