Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
Strongly agree that long-term trading is very pleasant and always patiently takes good opportunities in the current market conditions, by buying at a very cheap price after that it's enough to wait until it's time to sell at quite expensive prices, all free to choose their trading style but I don't like daily trading because there is not much time to analyze anything where time is very limited, unlike everything I can do before.
Topic: What's your favorite trading style? - page 2. (Read 672 times)
Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
Strongly agree that long-term trading is very pleasant and always patiently takes good opportunities in the current market conditions, by buying at a very cheap price after that it's enough to wait until it's time to sell at quite expensive prices, all free to choose their trading style but I don't like daily trading because there is not much time to analyze anything where time is very limited, unlike everything I can do before.
Buying the tops and selling the dips is a guaranteed way to lose your capital. Works for me every time.
Also, make sure to always pick the coin that doesn't moon.
Also, make sure to always pick the coin that doesn't moon.
I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
Trading I believe don't really have styles on how one will have to trade. The market is not favorable to every crypto trader and it can be favorable to others. Due to the market trends one will have to put up all its techniques on how to hit out few % from the market. I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
I prefer long term hold. This has favoured me the most as i have made good profit form it. Day trading is bad for me. When ever i try it, it does not end well, i end up being burnt.
It all depends on the crypto that we buy ,
I seldomly buy a crypto for a long term most of the time I am just scalping or day trading,
Since I see it much more profitable I would do a quick trade then roll with my capital and profit.
This happens, you never know what’s going to happen in crypto world. I got here by accident and have been here since then however I have been able to make some money y early speculation in Bitcoin. Even this Bull Run had been pretty good for me for my cost of investment had been pretty low that what the current market price is and the market value is rising high these days. I seldomly buy a crypto for a long term most of the time I am just scalping or day trading,
Since I see it much more profitable I would do a quick trade then roll with my capital and profit.
I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
I am not yet a professional trader and I cannot earn 5-12% a day like my teachers. I am in the learning stage. but I still have my way of trading can x3 x5 my account number.I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
I just expect and buy cheap tokens at IEO projects that are being traded on non-central exchange. It is quite effective for small amounts. I usually invest only $ 200-300. But such good projects are only 1 to 3 times in a year.
Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
Some people think of trading as a shortcut to getting rich quick and they're expecting too much out of it which is making trading really stressful.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
The current trend was supporting to day trading so most of the traders are concentrate the continuous participation. But sometimes we will follow the long term investment also it depends on the situation. So they just ask the favourite trading style but your suggestion was little different from trading style. It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
Day trading sound good but its really hard to understand I remembered my first trades in Binance I confidence to win every trades since this is simple a buy low sell high then when I lose some bitcoin that time I realized being a trader is not easy as what I imagine. Even you are day trading you need a lot of patient to earn profit because the market is full of suprises even if you buy altcoin at low price it can be down lower to your buy point.
I just have a simple strategies on trading, which buy low sell high because I’m busy since the year started and I have no more time to analyze the market, i just buy if I think its cheap and sell if I’m ok now with the profit. Scalping also great, because the pump and dump but the risk is high so trade with care for you not to lose.
Some people think of trading as a shortcut to getting rich quick and they're expecting too much out of it which is making trading really stressful.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
Trading can be very stressful if you try to hard to chase your target profit especially when you do day trading, I enjoy a long term trade, I don't have enough time to do scalping or short trade, the market is unpredictable but if you take a look at the wider picture you can have a better speculation
Some of my coins are good for day trading and most of them are good for a long term hold. I don't have any strategy or any analysis to follow. I just focus on the application of the simplest rule in trading which is to buy low and to sell high.
I don't find it stressful but I find it exciting.
I don't find it stressful but I find it exciting.
I don't follow any bigger strategy either, I'm 95% or more into bitcoins, then I hold a few altcoins also, most of them bought in the last few months, and then I day trade altcoins with the last small part of my portfolio, selling them as soon as I'm in profit.
Some of my coins are good for day trading and most of them are good for a long term hold. I don't have any strategy or any analysis to follow. I just focus on the application of the simplest rule in trading which is to buy low and to sell high.
I don't find it stressful but I find it exciting.
I don't find it stressful but I find it exciting.
I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
What's your experience?
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
What's your experience?
You are the one that caused your stress because day trading is not stressful if you understand it. You don't need to always go to your trade, you just need to be sure you have a right timing to enter the market, do that and set your target, you get your profit at the time it hit your target. No need worrying over a running trade.
I have that experience too in my first time trading, and it needs months before I wake up from the worst thing.
Later, I realize that I don't have to follow or listen to other people, which is not always true but I need to listen to myself and try to learn about analyze the chart and the order.
So I start to search from many sources, learning by watching videos on Youtube, practising what I got and yes, I can make a small profit, and that makes me surprise that I can make my own profit.
I talk to myself that I need to learn hard more than other people so I can make more profit.
I know that it will not easy, and it will need time before I can understand how to analyze.
I am sure that you can do that too, as long as you want to wake up from the worst.
Later, I realize that I don't have to follow or listen to other people, which is not always true but I need to listen to myself and try to learn about analyze the chart and the order.
So I start to search from many sources, learning by watching videos on Youtube, practising what I got and yes, I can make a small profit, and that makes me surprise that I can make my own profit.
I talk to myself that I need to learn hard more than other people so I can make more profit.
I know that it will not easy, and it will need time before I can understand how to analyze.
I am sure that you can do that too, as long as you want to wake up from the worst.
It all depends on the crypto that we buy ,
I seldomly buy a crypto for a long term most of the time I am just scalping or day trading,
Since I see it much more profitable I would do a quick trade then roll with my capital and profit.
I seldomly buy a crypto for a long term most of the time I am just scalping or day trading,
Since I see it much more profitable I would do a quick trade then roll with my capital and profit.
I do day trading but I target small daily profits... 1-2% is enough for me so I don't really stress so much on getting a coin that will meet my daily target. I just pick a coin with a high trading volume, do a small TA on it to certain whether it's the safe time to buy, buy the coin and set a sell order on the target price all within 1 to 2 hours and then i call it a day 
I guess everyone stick to whatever works for them. I'm still learning - as much from technical point as from mental.
My biggest loses ware always not due to the market change but my decisions based on emotions or wishful thinking.
2017 was super easy for making profits... It looks we are going to ride a long bull this year as well.
My biggest loses ware always not due to the market change but my decisions based on emotions or wishful thinking.
2017 was super easy for making profits... It looks we are going to ride a long bull this year as well.
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