Pages:
Author

Topic: What's your trading strategy? - page 3. (Read 800 times)

sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
April 28, 2020, 08:41:11 AM
#49
One of my basic strategy in making more money in trading is using the oldest kind of earnings which is the buy a lot of coins when the market price is low and sell when the market price becomes profitable, this kind of technique may cause of long term because not all the coins make changes in just a single week or days so it before makes into the world of trading it is better to choose wisely the coin you will use to avoid getting lose to your income it is better to save your funds than a struggle for having a long term hodl.
It will take some time for you to make a good profit in this market but before investing you need to have a specific strategy and always believe in the coin you choose to invest. In investing, you need to be a bit greedy to be successful in this market and of course you are not always lucky enough to be able to do this because the crypto market is often very volatile.
full member
Activity: 1456
Merit: 148
April 28, 2020, 05:41:06 AM
#48
The usual way advisable for anyone new to trade is: buy when there is a dip and sell when there is a bullish momentum. But, this statement had ruined many newborn to cryptocurrency trading, many thought that, just buying some random Altcoins also apply to this statement. Researching into the coins you ought to buy matters a lot and shouldn't be taken for granted. Some coins are not worth holding at all and shouldn't be bought at the first place.
sr. member
Activity: 882
Merit: 253
April 28, 2020, 05:06:46 AM
#47
I have unique with trading strategy where always buy coin after touch support price and look have higher chance to get much profit, but always buy and trade with potential coin have many exchange market listing and look continue for their team build this coin at the future. Never trade with coin have been on higher price.
In order for us to gain profit we want we must always watch about the current price in the market and analyze the potential growth of the coin. In trading, you must follow not a single coin but you must also risk in other coins. I'm sure experience traders know how to buy and sell at the right time and not everybody can actually do it. I always look for some supported data and indication to make sure that I will buy and sell at the right time. You have control over your money so self-control is very important. There so many strategies you can use but few of them really make use in the market.
legendary
Activity: 1666
Merit: 1222
Top Crypto Casino
April 28, 2020, 03:17:20 AM
#46
One of my basic strategy in making more money in trading is using the oldest kind of earnings which is the buy a lot of coins when the market price is low and sell when the market price becomes profitable, this kind of technique may cause of long term because not all the coins make changes in just a single week or days so it before makes into the world of trading it is better to choose wisely the coin you will use to avoid getting lose to your income it is better to save your funds than a struggle for having a long term hodl.
sr. member
Activity: 586
Merit: 251
April 27, 2020, 10:19:23 PM
#45
Until now I do not have a clear trading strategy, I only do when I have free time. But it is almost trading every day by spending 50% of the assets I have in exchange. Buying in a gradual manner is my basic strategy
I think in this market, every trader has different trading strategies and nobody is alike, so you need to have a plan to make good profits in this market. However, if you choose the wrong investment strategy, you will lose money because the bear market is now becoming very large and can be completely manipulated if the psychology of investors is not good.
sr. member
Activity: 1638
Merit: 278
April 27, 2020, 12:37:15 PM
#44
for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.

Yeah, the only time I'd ever borrow, even margin for example, is if I was in desperate situations. Problem is most people borrow to make money in this case, not accepting that whatever money they deposited in is likely to be lost. Business borrowing is different, that's capital for actual commerce. Trading on broker platforms is not that.
Yeah, business borrowing is something even suggested if you are growing big enough, if you have a place that makes a decent amount of money that could potentially even make more money but you do not have enough capacity to cover that difference, you take out a loan and expand your business to cover all of it and make a greater revenue in the end.

However, traders thinking the same way about how they are making a decent return with the amount of money they have so they could make even bigger profits if they had a lot more money and takes out loans for it as well, which is not smart because a business revenue is usually a linear thing, if the company is doing well enough it will continue to do well, they usually have contracts to prove that, not that all of them can continue but most of them takes it out that way, traders can't guarantee income, they can profit for a whole year and suddenly start to be horrible the next one.
Yes, you do not have to have a constantly flow of cash, all you need is not going all in at once, if you have a certain amount of money, do not go all in with it, put some aside and go in with only a portion of it, with the rest you can continue to go in with set period of times which will result with you cost averaging without really needing cash flow constantly.

However you are right that if you have cash flow all the time, that would make things easier, that way you can actually go in periodically and have a better chance to profit in the long run. I heard someone put in their credit card to coinbase to draw 200 bucks and buy bitcoin automatically each month for example, it wasn't enough money to destroy their finances and it helped them get richer and richer, dude put in like around 4k so far but has over 10k thanks to all increases, it really works.
hero member
Activity: 2226
Merit: 848
April 27, 2020, 09:58:50 AM
#43
Everyone has their own trading strategy, but most people in trading are always looking for safety, that is, with certain holding coins
until the profit is reached. That's the easiest strategy in my opinion, but I have my own trading strategy. Because I like challenges,
I really like daily trading. Indeed the risk is very large, but the opportunity to be able to get profits is also very large. I focus on taking
3% profit per day, even though the results are small
. But it can reduce the risk, and also if the profit I get is accumulated for a month.
The results are quite large in my opinion.

umm what? 3% a day would be a crazy amount to make. Don't know why you would call that small. I assume you can't keep that up for very long though. Even just one month of 3% a day would be 240% profit on your money.

The past 40 days, basically since the panic crash after it rebounded to $5000s, I'm at exactly 1% daily average compounding, which means I'm up 50% in 40 days. I don't expect to be able to keep that up long term at all. But I'm hoping to keep up maybe like .7% or so per day long term - even that would be 23% a month which would be an amazing amount to make.

I trade daily, when the price is moving i usually get in and out of a number of trades each day. I split my trading stash into a bunch of different small trades, usually only trading with 5-10% of my stash in each trade, but I've usually got a bunch of trades going at once, in a few different coins. And I generally set my sell orders for 3-5% profit, but sometimes more like 8-10% on a smaller coin that has more volatility. I just try to ride the daily volatility. Sometimes a trade will complete same day, sometimes it'll take a day or two or maybe a week or two. I only trade coins against USD, never trade coin pairs as that is just way too unpredictable and risky, as I've come to learn from years of trying it.
full member
Activity: 266
Merit: 108
April 27, 2020, 06:40:32 AM
#42
Imstead of day trading about a year ago i put everything into a program called Bitconnect, it makes guaranteed profit daily without me having to lift a finger! I have not even looked at it since and i just clicked the auto reinvest. I am sure I am rich by now though!
sr. member
Activity: 994
Merit: 261
April 27, 2020, 03:49:23 AM
#41
Until now I do not have a clear trading strategy, I only do when I have free time. But it is almost trading every day by spending 50% of the assets I have in exchange. Buying in a gradual manner is my basic strategy
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
April 27, 2020, 02:26:54 AM
#40
Trading isn't an easy thing, especially day trading. Even though you may be making a living from it sitting on your bed in your bedroom with a cup of tea by your side, it's no mean feat. Your eyes and heart beats suffer it, constantly facing the screen. When I traded it was either short or long term. Sometimes I made profits and other times the profits seen turned into loses when the coins plunged. When I go back to trading, it will be to horn my skills more on the same short and long terms because they're easier to manage than day trading.
sr. member
Activity: 1344
Merit: 270
April 27, 2020, 12:00:28 AM
#39
I have unique with trading strategy where always buy coin after touch support price and look have higher chance to get much profit, but always buy and trade with potential coin have many exchange market listing and look continue for their team build this coin at the future. Never trade with coin have been on higher price.
sr. member
Activity: 1876
Merit: 318
April 26, 2020, 08:48:31 PM
#38
Everyone has their own trading strategy, but most people in trading are always looking for safety, that is, with certain holding coins
until the profit is reached. That's the easiest strategy in my opinion, but I have my own trading strategy. Because I like challenges,
I really like daily trading. Indeed the risk is very large, but the opportunity to be able to get profits is also very large. I focus on taking
3% profit per day, even though the results are small. But it can reduce the risk, and also if the profit I get is accumulated for a month.
The results are quite large in my opinion.
hero member
Activity: 1400
Merit: 505
April 26, 2020, 06:48:20 PM
#37
I'm more of an occasional trader, I hardly trade on a regular base but don't miss an opportunity when I see one.
Majority of the traders here are occasional who enter the market when the price goes down and you enter the market and wait for the market to rise and book your profit, i have my assets for the long terms and i spare some for the short term and my only aspect is to hold till i get my desired profit be it in the long term or the short term.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
April 26, 2020, 02:34:19 AM
#36
buy at the time of dip, and hold it. so far, my plan is very simple. I am targeting coins that have very good information to develop. for example, for now, bitcoin and ethereum. I have had several ethereum to date, and wait until the price is more than $ 350 before making a decision to sell or keep holding it.
jr. member
Activity: 131
Merit: 4
April 25, 2020, 06:50:32 PM
#35
My trading strategy everyday is to go in to each of my positions with 3-3-5% of my balance.
Make at least 5-10% Of profit on my total balance
And incase of a bad day of trading where i record loss above profit i seat a trading day out and try and analyze a little bit more and come back stronger.
jr. member
Activity: 344
Merit: 1
April 23, 2020, 05:58:07 PM
#34


Whatever works for you. Som trader says it's easy but it's not really that easy.

My strategy, for now, is just to adopt swing trading to minimize the risk that is associated with day trading. Day trading is much harder mos, especially for the newbie. 

You just can't create your own opportunity in day trading without risking a lot of your funds. But with Swing, you can just wait for something that will open up for you to jump right in. With the right tool like RSI and some other indicators, it's all good.

You got the main point right there. I am not very good at trading and i am always conscious of just diving in to start. I look for loopholes, which serve as opportunities. Immediately I get one, I see it as a place to start from, but if it is all about the pump, I just pause until the opportunity comes, or I move to another trade.
Also, I love a market that swings a to. After finding the opportunity to start, i dive into the swinging market and that is where I believe my grids can function most.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
April 23, 2020, 04:31:25 PM
#33
for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.

Yeah, the only time I'd ever borrow, even margin for example, is if I was in desperate situations. Problem is most people borrow to make money in this case, not accepting that whatever money they deposited in is likely to be lost. Business borrowing is different, that's capital for actual commerce. Trading on broker platforms is not that.
Yeah, business borrowing is something even suggested if you are growing big enough, if you have a place that makes a decent amount of money that could potentially even make more money but you do not have enough capacity to cover that difference, you take out a loan and expand your business to cover all of it and make a greater revenue in the end.

However, traders thinking the same way about how they are making a decent return with the amount of money they have so they could make even bigger profits if they had a lot more money and takes out loans for it as well, which is not smart because a business revenue is usually a linear thing, if the company is doing well enough it will continue to do well, they usually have contracts to prove that, not that all of them can continue but most of them takes it out that way, traders can't guarantee income, they can profit for a whole year and suddenly start to be horrible the next one.
sr. member
Activity: 1190
Merit: 255
April 23, 2020, 02:23:34 PM
#32


Whatever works for you. Som trader says it's easy but it's not really that easy.

My strategy, for now, is just to adopt swing trading to minimize the risk that is associated with day trading. Day trading is much harder mos, especially for the newbie. 

You just can't create your own opportunity in day trading without risking a lot of your funds. But with Swing, you can just wait for something that will open up for you to jump right in. With the right tool like RSI and some other indicators, it's all good.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
April 22, 2020, 11:23:25 PM
#31
for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.
hero member
Activity: 2814
Merit: 518
April 22, 2020, 07:49:37 PM
#30
My strategy, for now, is just to adopt swing trading to minimize the risk that is associated with day trading. Day trading is much harder mos, especially for the newbie.  
Yeah, swing trading isn't the best strategy to use when you are just learning about trading, it could be best to use the basic strategy and one trading platform.
Actually, I am just a casual trader and just making trades when I have time. And only one thing I have often to use is to check the current market flows and I'm not in trading when the market is already at high. I should have to wait for the price to drops and start again.
And also it is very important to choose the best coin to trade because this will affect the result.
Pages:
Jump to: