Topic: What's your trading strategy? (Read 800 times)
Trades strategies don't actually work for low market Shakers but big whales. Haven been into trade but can't find a successful strategy for a long-term, so, personally I choose my own strategy for trade which is: buy low and sell when it high. The dip is the best place to buy cryptocurrency, if you're not among the market Shakers follow my strategy.
I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit 
You are corrclect about the early investors and private investors to be the biggest profit earner but if the profit is not successful they are also the one that bear the lost and what determine day traders level of profit is the market trend and the current market is good for patience day traders to make profit. 
I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit
10% of active traders beat the market, and of that 10%, just 10% of them beat it to make it their profession. We're the 90%. The plebs.
The only path to success for plebs is to, buy the dip and HODL.
The only path to success for plebs is to, buy the dip and HODL.
Absolutely right and i completely agree with you.
But still there's different strategies performed by different traders in order to yield maximum profit.
But for a newbie trader they just invest in volatile coins and often faces losses.
IMO the best strategy would be to just watch the movement of the coin for a great period of time and at the right time invest to become rich.
Hope this clarifies something for you OP.
I am not an idealistic trader, I like to sell when it is profitable...
my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.
I am just like you and don't have much time to track that coin at all times. my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.
In my opinion, it is possible to switch to short-term investment as this is a very popular way for busy people and you should set a sell price after buying as this will help you to avoid a lot of risks. However, you need to choose the most appropriate time to invest because if you choose the wrong time, you will definitely lose a lot.
I try to purchase as much bitcoin as I can with my savings every month, this means that I have bought from $5k I have bought from $7k and that also means I did buy from $12k as well, I buy at every price all the time, if the price continues like this I will buy from $10k as well, obviously it could change until I buy, but whatever the price will be I will buy from that price. That way I have a lot of bitcoin, and I have a good savings account and in the future, 10 years from now 20 years from now if bitcoin worths a ton of money, like $50k+ that means I will be capable of retiring early.
I know that people are after buying one coin and suddenly being rich but my method guarantees an early retirement if bitcoin keeps going up in the future, instead of risky trades today.
I know that people are after buying one coin and suddenly being rich but my method guarantees an early retirement if bitcoin keeps going up in the future, instead of risky trades today.
Nice a question!!
A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!
This is a simple strategy that everyone understands when entering this market, but to apply it, you will definitely need a lot of knowledge about trading because the market is always volatile. I am not good at trading but always know the time to buy a cheap price because if you can choose a good price to keep, your chances of making a profit will be very high and can completely double the profit after short time. A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!
Nice a question!!
A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!
A lot of beginners need to know more about trading
So, I would say that my best and the only strategy that most people get benefit from is to buy the dip and HODL.
And wish you all the best guys!
Now is great for catching up on daily volatility. I am a trader who prefers things like the quote below
10% of active traders beat the market, and of that 10%, just 10% of them beat it to make it their profession. We're the 90%. The plebs.
The only path to success for plebs is to, buy the dip and HODL.
In the previous year it was very difficult to catch up with volatile daily, and daily trading because the market was very boring. From there I prefer to be a pleb but I don't hold on for too long, like @OP said earlier that I set a profit and then exit the market instead of having to wait even though the increase is big. User trading here depends on the conditions, I believe all traders will not be able to defend their one strategy, and are forced to use another strategy which is more profitable. The only path to success for plebs is to, buy the dip and HODL.
I am not an idealistic trader, I like to sell when it is profitable...
my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.
my strategy for not losing when trades -> not to sell below the buy price. I've tried to be a day trader but I can't profit because I don't have much time in front of the laptop and are too busy in the real world so I choose to become a trader who will only sell when it makes a profit.
Perhaps, in order to use some special strategies in trading or to create your own, a trader must have quite a lot of experience and knowledge, but as a beginner, many specialists first of all advise using scalping. In my opinion, this is a really very good strategy that allows you to make good money on the difference in price, but the only thing that does not satisfy me is that when using a scalping strategy, a trader must constantly be near the computer monitor in order to monitor what is happening on the exchange. This strategy takes a lot of time.
someone said that scalping is b.s , i dont know if that is true because i havent done this before . it was actually a qoute and it says it came from satoshi . if we are a beginner we dont need to be ambitious and and create a special strategy because our minds arent ready for that but we can rather create a basic strategy . you said scalping is hard ? we need to work hard if we really want to earn .
Due to my own criteria, my best strategy for now is to stay in Hodl mode, the reason is simple, many unexpected things are happening, because the volatility is enormous, if someone makes the decision to go short, they will most likely lose, Well, there are many sell orders that work like walls and deceive traders, for now it is better for me to be in hodl for those reasons.
It's also important to set a criteria for your trading strategy as you will need a different one for a different type of market. With backtesting its much easier to check what works and when. Also to test out what would have happened with active trading vs HODL.
For times like these, this is an example on what to look for:
We want to have an open position most of the time
The strategy must close our position higher then where it will open a new position — ergo protecting us from unwanted loss of capital
The strategy should open fewer trades, rather than actively trading
The strategy should have a relatively small drawdown
The strategy should have Sortino ratio above 2 (the higher the better)
It's clarified further here is you are interested in the individual points: https://medium.com/coinmonks/btc-trading-strategy-in-times-of-uncertainty-crypto-bot-with-safeties-5d0deb5aaaaf
For times like these, this is an example on what to look for:
We want to have an open position most of the time
The strategy must close our position higher then where it will open a new position — ergo protecting us from unwanted loss of capital
The strategy should open fewer trades, rather than actively trading
The strategy should have a relatively small drawdown
The strategy should have Sortino ratio above 2 (the higher the better)
It's clarified further here is you are interested in the individual points: https://medium.com/coinmonks/btc-trading-strategy-in-times-of-uncertainty-crypto-bot-with-safeties-5d0deb5aaaaf
for now it's just waiting the entire time
Haahhaha, that's exactly what I'm doing. My rationale behind this is that with time the markets will pick up again and it is no point in stressing too much out about the current situation. To be fair, I did go in with the intention for long-term holding, so can't really complain much.The other bit that I'm using during trading is stop-loss, something to consider yourself in case you've never used it.
My strategy is to watch online/local news about the movement of stocks. also wait for any big/high impact news that may move the price of the currency. It's best as well if you're gonna use some indicators that will help you to predict the movements of the trend.
Then, how about the result? Are you making good with that? There is a reason why I'd never rely on the news because most of them aren't reliable. Some got interviewed and talk about the future of Bitcoin, that their own opinion or might some of them are just paid already.
I usually observe the current market chart versus last year's performance and as well as in the past days. The market won't make such instant changes and it is possible that what it happens last week will be of the same as what it happens by tomorrow. Our instinct could be in use sometimes and not be more speculative nor to be optimistic.
Perhaps, in order to use some special strategies in trading or to create your own, a trader must have quite a lot of experience and knowledge, but as a beginner, many specialists first of all advise using scalping. In my opinion, this is a really very good strategy that allows you to make good money on the difference in price, but the only thing that does not satisfy me is that when using a scalping strategy, a trader must constantly be near the computer monitor in order to monitor what is happening on the exchange. This strategy takes a lot of time.
For you lovers of the trade, what's your go-to trading strategy?
Surely, everyone has a different view in carrying out a trading strategy against Cryptocurrency.Maybe there are hundreds of ways that people who trade/invest in crypto, of course to get perfect results.
I don't do much strategy in trading against crypto, optimally I often do two steps.
• Technical and fundamental analysis, these two strategies are sufficient for me in trading.
My trading strategy is very simple. I am not trade daily.wait for bear market to entry and hodl until i satisfied with the profit... today's market is really good for new trade..buy some quality same in this bear market and hold it until you satisfied and wait for dip..Very easy but most effective and safe..(remember all time that before buy study the Coin and 100% on the project..never select fomo project likes now days shit difi project.)
Happy Trading 💪
Happy Trading 💪
My strategy is to watch online/local news about the movement of stocks. also wait for any big/high impact news that may move the price of the currency. It's best as well if you're gonna use some indicators that will help you to predict the movements of the trend.
My strategy is relatively simpler when it comes to trading in Forex. It is around tight risk/money management and focusing on analysing. I do it smoothly via FreshForex using their 101% Tradable Deposit Bonus, as it helps a lot and allows me to perform right.
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