Topic: What is your trading strategy? - page 98. (Read 304648 times)
The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business.
A mixture of my own poor technical analysis, tight stops so I never get rekt, and forming a consensus around the current sentiment of a group of 5-10 traders who I respect. Overall I'm down from trading alts a while ago, but that was a valuable lesson and I'm better off now.
Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up
Maybe start trading with stable altcoin with higher chance to raise up
If you know what to do then it is not the same as gambling. It is betting on something but you have a higher chance to win than to lose over time. The opposite to gambling at a casino where you are at a disadvantage.
Though it takes a long time until one can predict the price movements good enough to raise the chance to predict the price movement correctly. In general the bigger timeframes are easier to predict.
I just buy the lowest price and sell high prices . and it takes patience , do not be hasty in trading. just be patient and enjoy the profits.
buying altcoin when bitcoin price pumped
usually the altcoin price will be down during bitcoin price up
That's great. I use to buy bitcoins when the price goes low andusually the altcoin price will be down during bitcoin price up
I use to sell bitcoins whenever it's going for high rates in the market. Nowadays I just saving and waiting for the halving
Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up
Maybe start trading with stable altcoin with higher chance to raise up
I use high low charts for day trading with the frequency of 30 minute/1 hour charts.
Buy low sell high. It is very easy and not time consuming. I do it occasionally as it requires you to have a good bit of patience.
yeah but what is the low and what is he high? if ouy miss either of those point, you're asking for a loss than anything else
it may seems easy when you follow the market and don't play with it, but it's actually the opposite
buying altcoin when bitcoin price pumped
usually the altcoin price will be down during bitcoin price up
usually the altcoin price will be down during bitcoin price up
I generally wait until a $5-10 dump or pump, and then margin trade the reverse position for a quick 15 minute bounce.
I try to have a day trading sustainable stack. I also try to diversify my protfolio when doing long position trading.
I usualy only use 20% of my stack for trading stack!
Using the usual trading strategy. I buy low and sell High. If the price goes down I try to average buying more at even loewr prices. as soon the price goes up I sell. If the price goes up to a certain % (depending on the volatility of the trading asset I set a profit\loss %) I sell and wait for a new retracement to buy another position. Of course there are other nuances to it but this is mainly my strategy.
I usualy only use 20% of my stack for trading stack!
Using the usual trading strategy. I buy low and sell High. If the price goes down I try to average buying more at even loewr prices. as soon the price goes up I sell. If the price goes up to a certain % (depending on the volatility of the trading asset I set a profit\loss %) I sell and wait for a new retracement to buy another position. Of course there are other nuances to it but this is mainly my strategy.
Buy low sell high. It is very easy and not time consuming. I do it occasionally as it requires you to have a good bit of patience.
buy low sell high absolutely the first rule right. what about trendings? is it a chance to buy on prices going up too?
I use to sell my bitcoin when the price is in high and I use to buy whenever the price is low. But when selling and buying I use to find a right traders. Because I don’t wanna get scam by anyone. Till this day I did not get scam by anyone when I am trading.
When you have such great exchanges like Localbitcoins, Coinbase, Bit-X, Kraken, etc., why do you try to find traders elsewhere???
You can easily trade your coins there and get good price...
Also, being a good bitcoiner, I would like to advice that don't "buy", just "convert"... And don't "sell", just "hodl"...
Only sell what you need, except that, just save them as we really don't know the actual value of BTC...
Anyway thanks for concern dude. But I am already working on saving the bitcoin Because I know current value of bitcoin is not perfect value as satoshi estimated. I will sell some btc When halving done only. That time price will be double
lol, the price is back after a year! $450
Oh yeah, thanks for letting us know, we were not knowing this...
(/sarcasm)We are talking about trading strategies and not price I guess, right???
lol, the price is back after a year! $450
Many of us' answers are "Buy low sell high" but this is not a strategy. Of course technically and logically you need to do it to earn but what's your real strategy? For example I am staying away from a cryptocurrency that has high gap between sell and buy because it is not stable. I invest when there is low gap and wait until rise. Low gap means stable currency.
buy low sell high absolutely the first rule right. what about trendings? is it a chance to buy on prices going up too?
I use to sell my bitcoin when the price is in high and I use to buy whenever the price is low. But when selling and buying I use to find a right traders. Because I don’t wanna get scam by anyone. Till this day I did not get scam by anyone when I am trading.
When you have such great exchanges like Localbitcoins, Coinbase, Bit-X, Kraken, etc., why do you try to find traders elsewhere???
You can easily trade your coins there and get good price...
Also, being a good bitcoiner, I would like to advice that don't "buy", just "convert"... And don't "sell", just "hodl"...
Only sell what you need, except that, just save them as we really don't know the actual value of BTC...
buy low sell high absolutely the first rule right. what about trendings? is it a chance to buy on prices going up too?
I use to sell my bitcoin when the price is in high and I use to buy whenever the price is low. But when selling and buying I use to find a right traders. Because I don’t wanna get scam by anyone. Till this day I did not get scam by anyone when I am trading.
My trading strategy is first i do my own research about the coin that i want to trade in exchanges then analyze a bit the market how is it going and start trading.
buy low sell high absolutely the first rule right. what about trendings? is it a chance to buy on prices going up too?
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