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Economy => Trading Discussion => Topic started by: Ararbermas on February 23, 2022, 11:25:38 AM



Title: Be comfortable with your strategy!
Post by: Ararbermas on February 23, 2022, 11:25:38 AM
Actually i've been looking for an accurate strategy when i was new in trading and i want to apply all of it because of mindset that i can make good results on that way.

but unfortunately i always ended losses after all my efforts. :D

So i realized maybe not all strategy is suitable for us., i mean we need to choose which one startegy is more effective and forget the rest.

I tried scalping but failed , and also reversal, and break out but failed again.  ;D

wherein only flag pattern and wedge give me a sign that i can make good results in trading..

So decided to focus in it and take screenshot always after winning to remember the same pattern ..

Until now i don't place trade if there's no flag pattern or wedge pattern..and you know guys most of my results are very very nice. ;D

So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

https://i.postimg.cc/C1CK5JKv/IMG-20211211-214549.jpg (https://postimg.cc/tZTbm3WP)

https://i.postimg.cc/cCsLnYgd/IMG-20211230-014313.jpg (https://postimg.cc/k6pCr2vH)

https://i.postimg.cc/rm2mq7q0/IMG-20220104-024811.jpg (https://postimg.cc/06ZxfWMP)




Title: Re: Be comfortable with your strategy!
Post by: Questat on February 23, 2022, 12:18:12 PM
Quote
So i realized maybe not all strategy is suitable for us., i mean we need to choose which one startegy is more effective and forget the rest.
That is the reality in trading. You can copy and use strategies that work from other traders but this could never assure that it will work on us. That was because we are too different when it comes to decision making and this can never be copied by anyone. That is why we don't envy others for being successful in their trading carrier as we all have a different journey in life, maybe this is not for us. But if we are meant in here, it was best to make our won strategy and help it to improve more rather than asking/copying other strategies.


Title: Re: Be comfortable with your strategy!
Post by: palle11 on February 23, 2022, 12:48:17 PM
Discovering a trading strategy that is suiting to you is nice and I can feel the pulse you are having on that. It would have taken a longtime for you to have done that because it involves a lot of practice and that is time consuming but only passion will give you the strength. This is very good for you to have discovered what is working for your trade.


Title: Re: Be comfortable with your strategy!
Post by: Ryker1 on February 23, 2022, 12:51:28 PM
Well because there are no strategies that have an accurate result --strategies still predicting the market price either it is technical or fundamental strategies. Speculations will remain speculation and nothing will change and you are right [-not all strategy is suitable for us-] on this statement. However, we should be comfortable of what strategies we use and it should always focus our goal and also have a trading plan. That is very important because when our strategies will not work in second attempt, it is better to find another one that it seems have an effect in making profit in trading.


Title: Re: Be comfortable with your strategy!
Post by: GreatArkansas on February 23, 2022, 01:45:04 PM
You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.

Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.


Title: Re: Be comfortable with your strategy!
Post by: Oshosondy on February 23, 2022, 01:48:42 PM
You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.
That is just it, sometimes you just have to not trade and only watch the market. Some people are swing traders and they may open trades for a week or two, when such people close trade, they may wait again until the price dipped or increased very well.

Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.
About stop loss, I have used it before, it has been a great disvatage for me, but it can be very important in high leverage trading.


Title: Re: Be comfortable with your strategy!
Post by: maydna on February 23, 2022, 04:18:17 PM
I call learning by doing because it really helps us find strategies that work for us. We can try other people's strategies but keep in mind that they won't necessarily work if we use them right away, and maybe we'll have to figure out how to modify them so that they work for us. It will take a lot of experiments to find one that works for us, but it's something worth trying until we find one.


Title: Re: Be comfortable with your strategy!
Post by: blockman on February 23, 2022, 05:19:13 PM
In any strategy where you're making money and becoming stable, you should grow there and stay. It's true that not all strategy works for everybody. Strategy for those who are solid in TA won't work for those who do FA. It's always the other way around and whichever makes you better and you're improving there, you should accomplish it until you find yourself no longer effective with that strategy. Whilst for the rest that are not really into trading, HODL is the best strategy and the most comfortable to do.


Title: Re: Be comfortable with your strategy!
Post by: AakZaki on February 23, 2022, 05:27:19 PM
Don't completely blame the strategy you do, but your psychology and also the technical analysis you learn. Whatever strategy is used if you can maximize it well, then the strategy will work well. Losses are certain, but minimizing losses is very important to do. The scalping method you use can be successful if you do it right and read each candle well. keep trading and learn what works for you.


Title: Re: Be comfortable with your strategy!
Post by: Findingnemo on February 23, 2022, 06:03:57 PM
There is no 100% successful strategy in the cryptocurrency trading so stay in your risk appetite level but not only into your comfort zone there is a bit difference in it. More longer you're holding then strategy becomes easier since the only strategy that we need is keep holding until the price increase.


Title: Re: Be comfortable with your strategy!
Post by: Johnyz on February 23, 2022, 09:41:09 PM
Your strategy should be more flexible, if its not working anymore then you have to create a new have because you can’t stick to only one strategy that could hurt your portfolio, you must always go for a good strategy that can give you the best result. Be confident with your strategy, that’s fine you just need to understand that change is inevitable, so you must also know how to adopt.


Title: Re: Be comfortable with your strategy!
Post by: Oceat on February 23, 2022, 11:27:41 PM
Now, this is what I call experience, trying everything to know which is suitable for you and OP did find his own strategy. For newbies it might not be good especially if you have less fund but it's worth a try just put a little amount on every trade to test which one would suits on you. And just like OP be comfortable if you are winning already but if you want to try different strategy again then feel free to do it but always be cautious on everything you do, always test the water first.


Title: Re: Be comfortable with your strategy!
Post by: DoublerHunter on February 23, 2022, 11:51:31 PM
~snip~

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

^ Definitely right there is no strategy that can do that.
Apply different strategies that you have and combine them all or choose which is the best for you that has an accurate result, you can also try the demo trading first if this strategy will work out but believe me, you can't use a single strategy multiple times. However, the market price is unpredictable and it is volatile which is we don't know the exact direction of the price.


Title: Re: Be comfortable with your strategy!
Post by: Finestream on February 24, 2022, 03:18:20 AM
~snip~

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

^ Definitely right there is no strategy that can do that.
Apply different strategies that you have and combine them all or choose which is the best for you that has an accurate result, you can also try the demo trading first if this strategy will work out but believe me, you can't use a single strategy multiple times. However, the market price is unpredictable and it is volatile which is we don't know the exact direction of the price.
You can use all the strategies you want but don't expect that all will work on you. You still have to choose which one is most effective as trading strategies can be varied as there are different market conditions and price levels. But honestly, successful traders are only using one or two strategies as there is no need to utilize a lot of trading strategies that aren't helpful at all. And for sure, you can't master and be comfortable with using numerous strategies so you have to focus on one or two to master it. You can read it here further why we have to use only one strategy:https://www.thebalance.com/traders-master-one-strategy-before-learning-others-1030881


Title: Re: Be comfortable with your strategy!
Post by: Vaculin on February 24, 2022, 03:56:51 AM
Now, this is what I call experience, trying everything to know which is suitable for you and OP did find his own strategy. For newbies it might not be good especially if you have less fund but it's worth a try just put a little amount on every trade to test which one would suits on you. And just like OP be comfortable if you are winning already but if you want to try different strategy again then feel free to do it but always be cautious on everything you do, always test the water first.
You will not find a single strategy effective or productive unless you never start trying it in your trading experiences. As trading results could be unpredictable due to market's volatility, so one strategy might not be able to work again with your next trade so this is the reason why you have to build not only one but two strategies in preparation in case your winning strategy does not work anymore. But if you are still making profits from your own strategy, then continue using it as there is no need to change your strategy unless you are already experiencing frequent losses from using it.


Title: Re: Be comfortable with your strategy!
Post by: traderethereum on February 24, 2022, 05:02:35 AM
We often experience losses in trading because the market situation is not always in good condition.
That is the need for us to always look for strategies that can work well and help us make profits.
As long as we can keep looking and learning to make strategies, we will have the best strategy for us to implement that strategy based on the situation in the market.
There is no need to be afraid of failure because failure is a delayed success and as long as we have the will, there must be a way.


Title: Re: Be comfortable with your strategy!
Post by: Peanutswar on February 24, 2022, 05:17:02 AM
When I do make a trade I always have my cheat sheet which consists of a lot of information related to the candlesticks and the market graph I always do this to make sure that my trade becomes successful of course always step a Stop loss and take profit to make sure still always to the plan. Don't envy your strategy always stick to your strategy also learn from your mistakes and other people.


Title: Re: Be comfortable with your strategy!
Post by: stepwilli on February 24, 2022, 06:01:30 AM
There is no such thing as accurate strategy because if there are then nobody will lose but nobody will share that accurate strategy for free and I do not think the person will sell it when he is already making a good gains with it.

Applying all possible strategy is nice tho because this can give you a different experience. You may lose but at least you already tried everything not unlike us that our knowledge is still limited because we do not take the time to try every other things in crypto. Sometimes it needs time to know if the start works good for you and you wont know this is you will quickly navigate on the other start and do the same thing.


Title: Re: Be comfortable with your strategy!
Post by: Kasabus on February 24, 2022, 08:31:16 AM
We often experience losses in trading because the market situation is not always in good condition.
That is the need for us to always look for strategies that can work well and help us make profits.
As long as we can keep looking and learning to make strategies, we will have the best strategy for us to implement that strategy based on the situation in the market.
There is no need to be afraid of failure because failure is a delayed success and as long as we have the will, there must be a way.
If we are experiencing frequent losses in trading, that only means that our strategy is not working so we have to explore with another strategies that have potentials to succeed until we come up with the best one that works on us. And it doesn't mean that if that strategy works on him, it will also work on you. We all have different approach when it comes to trading so we cannot assure that we will get the same results. And one thing is certain, you don't have to stick into a single strategy for long term as most of the time strategies also loses their value, you need to be flexible so you can start to upgrade your strategy and still win your trades.


Title: Re: Be comfortable with your strategy!
Post by: LastKiss on February 24, 2022, 09:38:06 AM
When I do make a trade I always have my cheat sheet which consists of a lot of information related to the candlesticks and the market graph I always do this to make sure that my trade becomes successful of course always step a Stop loss and take profit to make sure still always to the plan. Don't envy your strategy always stick to your strategy also learn from your mistakes and other people.

You have a great strategy out there, once you used to candlestick you wont need your cheat sheet again because any information relate to candlesticks is already inside your brain. Many people start with different strategies but when their strategy is useless they feel ashamed about their strategy and in the end the following people succeed in trading and hope for a great outcome but end up badly.


Title: Re: Be comfortable with your strategy!
Post by: Jating on February 24, 2022, 09:40:29 AM
There is no such thing as accurate strategy because if there are then nobody will lose but nobody will share that accurate strategy for free and I do not think the person will sell it when he is already making a good gains with it.

Right, there could be strategy that work on certain individual, but not for everyone. So it's up to us to find what is the best for us. There is no one size fits all in crypto.

Applying all possible strategy is nice tho because this can give you a different experience. You may lose but at least you already tried everything not unlike us that our knowledge is still limited because we do not take the time to try every other things in crypto. Sometimes it needs time to know if the start works good for you and you wont know this is you will quickly navigate on the other start and do the same thing.

In the beginning, yeah, this could be a good approach. But if you have gain enough experience already, it's time to filter out which one fits you and which one doesn't. At least you know where you are coming from and it will give you a good chance to win and be successful in the end.


Title: Re: Be comfortable with your strategy!
Post by: danherbias07 on February 24, 2022, 10:31:53 AM
So true. Having different strategies sometimes confuses your decision-making. So I would rather pick one, focus on it, endure the losses and hope something good will come out in the long run while you are comfortable with it.
I think this is also where new traders take a lot of time. Without a full decision on what trading system they want, they keep on jumping from one strategy to another that's prolonging the profit-making goal.


Title: Re: Be comfortable with your strategy!
Post by: cryptomaniac_xxx on February 24, 2022, 10:53:16 AM
So true. Having different strategies sometimes confuses your decision-making. So I would rather pick one, focus on it, endure the losses and hope something good will come out in the long run while you are comfortable with it.
I think this is also where new traders take a lot of time. Without a full decision on what trading system they want, they keep on jumping from one strategy to another that's prolonging the profit-making goal.

It really take some time though, there are no shortcuts on the contrary, you really need to endure losses in the beginning to learn the process and gain the experience.

Experience is a good teacher and it you have it under your belt, then it will help you a lot in your decision making and you are not going to second guess what strategy you will use in whatever environment we are in, whether bull or bear.


Title: Re: Be comfortable with your strategy!
Post by: blackened515 on February 24, 2022, 11:19:33 AM
There is no such thing as accurate strategy because if there are then nobody will lose but nobody will share that accurate strategy for free and I do not think the person will sell it when he is already making a good gains with it.

 
I agree with you. There is no accurate strategy. If there were any, every trader would have been a millionaire. You just have to build strategies that actually works for you, I mean strategies that can enable you reduce losses. Also, experience is also necessary when it comes to trading, you have to learn from your mistakes in order to become a good trader. Because experience they say is the best teacher.


Title: Re: Be comfortable with your strategy!
Post by: AicecreaME on February 24, 2022, 12:06:08 PM
One hundred percent true.

You can't be an imitation of others, be you, be unique, to make profits. Sticking to one indicator doesn't mean you're getting outdated, as long as you're making profits, you don't have to worry about anything because that's all what's important. Trading is not even a race, not a competition, so steady at your own pace while learning.

Because once you took the shortcut, it will backfire on you for sure and you won't like it.


Title: Re: Be comfortable with your strategy!
Post by: sheenshane on February 24, 2022, 11:58:24 PM
But I advise anyone dont stick to your trading strategy if this will won't work twice or multiple times, just move on and find another one.  There are too many indicators to be used, don't be comfortable with your strategy, change it if doesn't work perfectly.

To be honest, most comments are true, there are no accurate trading strategies to be used in trading.  But if you choose where you are comfortable just stick with it, day trading, scalping, and arbitrage are very common but all of these are very risky that you should consider, and speaking of risk you can minimize it by using a long term trading strategy.


Title: Re: Be comfortable with your strategy!
Post by: traderethereum on February 25, 2022, 01:41:01 AM
We often experience losses in trading because the market situation is not always in good condition.
That is the need for us to always look for strategies that can work well and help us make profits.
As long as we can keep looking and learning to make strategies, we will have the best strategy for us to implement that strategy based on the situation in the market.
There is no need to be afraid of failure because failure is a delayed success and as long as we have the will, there must be a way.
If we are experiencing frequent losses in trading, that only means that our strategy is not working so we have to explore with another strategies that have potentials to succeed until we come up with the best one that works on us. And it doesn't mean that if that strategy works on him, it will also work on you. We all have different approach when it comes to trading so we cannot assure that we will get the same results. And one thing is certain, you don't have to stick into a single strategy for long term as most of the time strategies also loses their value, you need to be flexible so you can start to upgrade your strategy and still win your trades.
That is why we need to always search for the strategy because that is one thing that we should do to adapt to the current situation.
We can not follow the market if we only use an existing strategy or do not modify the strategy.
Only with learning can we find the right strategy and with learning, we can have a better analysis of the market.
Having many strategies will help us know what we can do related to the market situation.


Title: Re: Be comfortable with your strategy!
Post by: Strongkored on February 25, 2022, 05:11:44 AM

So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.
Well true, focus more on one strategy and keep digging it more results than trying other strategies that actually have to sacrifice quite a lot of funds. Other strategies are only as knowledge, while those that are done continuously are enough with one method only.
Maybe the obstacle why traders continue to change their strategies because they feel they have not received maximum results and often traders do not have a trading journal to be evaluated so they always change their trading methods.


Title: Re: Be comfortable with your strategy!
Post by: justdimin on February 25, 2022, 05:24:33 AM
One hundred percent true.

You can't be an imitation of others, be you, be unique, to make profits. Sticking to one indicator doesn't mean you're getting outdated, as long as you're making profits, you don't have to worry about anything because that's all what's important. Trading is not even a race, not a competition, so steady at your own pace while learning.

Because once you took the shortcut, it will backfire on you for sure and you won't like it.
Do not be afraid to lose money trying to find your own method as well, that is the most important thing. I mean there are tons of people who end up making their own strategy and that means we are talking about people who lost tons of money until they found the best strategy, it is not really that easy to get it done that way and you have to handle that a bit better before you do anything crazy.

I personally believe that you could use demo and all that to find the most optimum for you, but you need to do real trading to make sure. The reason why everyone needs their own is the fact that we are all different and we all have different styles, one thing that works for me may not work for you.


Title: Re: Be comfortable with your strategy!
Post by: Farma on February 25, 2022, 06:49:37 AM
well, people have different strategies. however, use a strategy that you can develop, and don't change your strategy just because you see someone else succeeding. believe me, that person has failed several times, it's just that they don't show it to other people.
Well, so far, I'm more of a hold and sell strategy of coins when I've earned a few tens of percent of the coins. Well, maybe at the beginning I adopted the strategy, it was still not comfortable, but we ourselves modify the strategy until we are comfortable and fit with it.


Title: Re: Be comfortable with your strategy!
Post by: Sweetbtc on February 25, 2022, 06:50:39 AM
Strategy is very important, as each government is aware of. however some square measure frightened by it as a result of it needs them to form choices that interrupt different potentialities and choices – in order that they worry that creating the incorrect call may probably wreck a career.


Title: Re: Be comfortable with your strategy!
Post by: TheUltraElite on February 25, 2022, 09:27:36 AM
Strategy is very important, as each government is aware of. however some square measure frightened by it as a result of it needs them to form choices that interrupt different potentialities and choices – in order that they worry that creating the incorrect call may probably wreck a career.
There will be governments that take steps at some points making the market move a lot. However this is very small in number with  the exception of the Indian government which has been making FUD for too long.

However these can be used as opportunities as well. When you are watching the market for too long, you can realise this. Getting frightened about your investments is a wrong step.

But the strategy is just a word that keeps on going. Most traders just use the buy low get high method while actually ending up doing the opposite.


Title: Re: Be comfortable with your strategy!
Post by: CryptopreneurBrainboss on February 25, 2022, 04:39:26 PM
So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

Well said, reason many traders end up losing their capitals when trading is because they tend to trade with emotions, rely on others for signals or try to copy a trading strategies that doesn't suit their style. We're all different and as such should approach problems differently. For some, trading might not be their calling but just because others are doing great there, they they pick interest in it when they themselves don't have the patience or discipline needed to become an expert in the field.

Becoming a successfull traders has alot to do with personal development and trusting yourself which has to do with having strategy to rely on that you used frequently so as to perfect it. I won't say stick with just one but having many shouldn't be an option. You could have one or two that you used every now and then so as to become a master at them and end up having a profitable trade, every now and then.


Title: Re: Be comfortable with your strategy!
Post by: Botnake on February 25, 2022, 10:31:04 PM
So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

Well said, reason many traders end up losing their capitals when trading is because they tend to trade with emotions, rely on others for signals or try to copy a trading strategies that doesn't suit their style. We're all different and as such should approach problems differently. For some, trading might not be their calling but just because others are doing great there, they they pick interest in it when they themselves don't have the patience or discipline needed to become an expert in the field.

Becoming a successfull traders has alot to do with personal development and trusting yourself which has to do with having strategy to rely on that you used frequently so as to perfect it. I won't say stick with just one but having many shouldn't be an option. You could have one or two that you used every now and then so as to become a master at them and end up having a profitable trade, every now and then.
Good traders have known usually a lot of trading strategies but certainly, they are not a master of them. For most of successful traders, only one or  two strategies are already good enough because they can master it easily and when they have mastered it, then they will also be comfortable in using those strategies. However, its not just about those proven strategies that matter most in trading. Patience, right attitude and consistent knowledge in trading are also good factors to consider to be a successful trader in the end.


Title: Re: Be comfortable with your strategy!
Post by: Lordhermes on February 25, 2022, 10:42:26 PM
Yes,there is need to always be okay with the strategy you use in trading that works for you,else,using another person's strategy might lead to you loosing money.
There are several strategies In which one can apply in other to win money,but most of those strategies does not work,because it is achaic or old fashioned.But constant research will make you know the one that is actually working and after finding that,maintaining it is another thing.


Title: Re: Be comfortable with your strategy!
Post by: nhaila on February 25, 2022, 10:56:35 PM
Yes,there is need to always be okay with the strategy you use in trading that works for you,else,using another person's strategy might lead to you loosing money.
There are several strategies In which one can apply in other to win money,but most of those strategies does not work,because it is achaic or old fashioned.But constant research will make you know the one that is actually working and after finding that,maintaining it is another thing.
Basically if you follow someone else's strategy in cryptocurrency trading you may get some temporary profit but in cryptocurrency you have to follow your strategy before you follow someone else's strategy. Get to know him better. It is wise to research someone else's strategy and then follow through.


Title: Re: Be comfortable with your strategy!
Post by: Rengga Jati on February 25, 2022, 11:22:21 PM
This may be more to be wise, smart, and right to our own strategy. Because maybe we feel comfortable with a strategy, but it turns out that it's not enough, it doesn't even fit the market conditions at that time.
Yes, it is not easy to arrange the most appropriate strategy so that we always take profits, especially in the current market situation. Many of us even always have a plan B when the expected price doesn't match, and vice versa.


Title: Re: Be comfortable with your strategy!
Post by: Japinat on February 25, 2022, 11:45:16 PM
Yes,there is need to always be okay with the strategy you use in trading that works for you,else,using another person's strategy might lead to you loosing money.
There are several strategies In which one can apply in other to win money,but most of those strategies does not work,because it is achaic or old fashioned.But constant research will make you know the one that is actually working and after finding that,maintaining it is another thing.
Basically if you follow someone else's strategy in cryptocurrency trading you may get some temporary profit but in cryptocurrency you have to follow your strategy before you follow someone else's strategy. Get to know him better. It is wise to research someone else's strategy and then follow through.
You can follow and copy someone's winning strategies in trading but you cannot assure that you will gain consistent profits, as not all the time that other's strategies may also work on you. In trading, we learned different approach on how to overcome losses but we also need to utilize it based on the current market conditions. In short, build your own strategy that will definitely work on you, and upgrade it if the situation needs it. And with consistent knowledge and experience in trading, every experience brings new knowledge to improve your skills and strategies.


Title: Re: Be comfortable with your strategy!
Post by: goinmerry on February 25, 2022, 11:51:15 PM
In other words, just keep finding the strategy you think is the best. Traders have different approaches to any situation, therefore there's no fixed strategy we can rely on. But I agree with you since we have to make different strategies, we should be comfortable with them.

Being pressured also can affect the effectiveness of our own strategy. When emotions came, we can't follow the supposed strategy we need to follow.

Practice makes perfect but here, we don't have to be perfect always as long as our winning stats are maintained.


Title: Re: Be comfortable with your strategy!
Post by: worle1bm on February 26, 2022, 05:34:57 AM
You can make strategies timing out the market from your experience and knowledge but that will work perfectly or not you can't say as there is no thing is only profits trade which means loss is essential in this journey and you can't avoid it.When the market is bearish we all make loss but it's main how we can minimise it through our strategy.

You just need to make different approaches and keep on trying as relying on one strategy would not benefit you so the experienced trader learn all of them and then implies certain ones according to how market reacts at that time so he can make profits and less loss.


Title: Re: Be comfortable with your strategy!
Post by: xmonkeyx on February 26, 2022, 07:19:07 AM
choosing a suitable strategy for the trade we are doing is very difficult, I tried several strategies at the beginning of the trade and I suffered a lot of losses.
after a long time I finally found a suitable strategy even though I didn't get much profit, but I was able to minimize the risk so that it made me comfortable and until now I have consistently used this strategy without wanting to try other strategies.
I think whatever we do, if we are consistent, we will benefit.
It's very true when you say that having multiple strategies is not something that can provide many benefits.


Title: Re: Be comfortable with your strategy!
Post by: freedomgo on February 26, 2022, 09:57:58 PM
choosing a suitable strategy for the trade we are doing is very difficult, I tried several strategies at the beginning of the trade and I suffered a lot of losses.
after a long time I finally found a suitable strategy even though I didn't get much profit, but I was able to minimize the risk so that it made me comfortable and until now I have consistently used this strategy without wanting to try other strategies.
I think whatever we do, if we are consistent, we will benefit.
It's very true when you say that having multiple strategies is not something that can provide many benefits.
Experience is a big factor that can help you in discovering the strategy that will suit on you. And its not really the big profits that you will get from trading that will matter the most, but on minimizing the losses and making even small but consistent profits. And being successful and profitable in trading does not mean that you should resort on making multiple strategies, have at least one or two that you can master and use it with passion.


Title: Re: Be comfortable with your strategy!
Post by: Scripture on February 26, 2022, 10:16:13 PM
Having your own strategy is a must, be more comfortable using that strategy and know that you are doing your best to stay profitable, that strategy will give you more money for sure so be consistent. We should always have this, this is our weapon against the market and that strategy will help you to avoid any unnecessary actions, you must be more discipline to always follow that strategy, don’t be greedy.


Title: Re: Be comfortable with your strategy!
Post by: FanEagle on February 27, 2022, 05:49:06 AM
Wow :D, that’s really nice. It shows a high level of discipline. When I was a noob I also found it difficult to maintain a strategy, because I always trying to trade every time so I can steadily make profit from the market, but instead of profit I was the one who kept losing my money , because my mind was always totally messed up since I was trying to do too much. So I had to slow it down, and applied patience. I learnt that it is not good to be in a hurry in this market. Like you have said, you never trade except when the time is right for you to start trading.

This is usually a challenge for most of us and even till now I still feel the urge to trade when I am not supposed to be trading. Some of us would get in at the wrong time and even after losing, we’d go for a revenge trade and lose. It is all wrong. We all should learn to focus on a good strategy and things will start working out for us.


Title: Re: Be comfortable with your strategy!
Post by: shawon01 on February 27, 2022, 01:00:27 PM
Most of the time we are at a disadvantage in trading because the market conditions are not always good. We will always use strategies that will not cause us any loss and will help us to talk until we can build strategies on market conditions.  We will have the best strategy to implement those strategies based on the fear of failure and we have to overcome all fears and trade strategically.


Title: Re: Be comfortable with your strategy!
Post by: palle11 on February 27, 2022, 03:24:34 PM
This is the harsh reality of trading with technical indicators, you will not get perfect results with the "Holy Grail" strategy no matter how experienced you are. Almost all strategies have deadlines, don't push your limits so far. Everyone has to be careful with the expected downtrend and don't keep chasing their losses.  Experienced traders even make mistakes, novice traders have to be careful about potential traps by both the bull/bear side.

Of course no trading strategy is perfect to beat the market always, this is not possible because the market goes up and down and so no matter the robot used, it can not catch all the pips up and down. So newbies have to understand this in their trade. They don't need to expect that trade is 100% profiting all the time, some days are for profit and some losses, don't be greedy when you are on profit lock it up or exit with the little profit.


Title: Re: Be comfortable with your strategy!
Post by: jaberwock on February 27, 2022, 04:59:11 PM
This is the harsh reality of trading with technical indicators, you will not get perfect results with the "Holy Grail" strategy no matter how experienced you are. Almost all strategies have deadlines, don't push your limits so far. Everyone has to be careful with the expected downtrend and don't keep chasing their losses.  Experienced traders even make mistakes, novice traders have to be careful about potential traps by both the bull/bear side.
Yes, I think it’s good to learn many strategies as possible. It is going to be helpful. Using one strategy doesn’t seem quite as you might have to switch things up at some point, and you would see the need for having a different strategy.

So, it’s good to have different strategies and know when to apply them. If you have to continuously rely on just one, there would be a time when it wouldn’t work out again and it becomes a problem, and as a trader it would be really frustrating. So, learn as much and know when the time is right to get to the next strategy. But I would commend the op on his level of discipline, that’s something most traders lack these days.


Title: Re: Be comfortable with your strategy!
Post by: Flexystar on February 27, 2022, 06:11:16 PM
Wow you have been very busy with the crypto trading out there. That’s good to see how you are good at trade patterns through technical analysis. I’m not sure why are you failing but things could be due to current situation of crypto market, even share market that’s being hampered due to war outbreak. But if you failing in the long terms then there could be incomplete plotting of lines and graphs. Idk, I am not regular trader but with what video tutorials I have seen we have to keep practising all the time and keep improvising everything. That’s how perfection will certainly come out. Moreover, you may wanna change the whole methodology of using the data.


Title: Re: Be comfortable with your strategy!
Post by: Cling18 on February 27, 2022, 06:40:18 PM
Applying other's strategies isn't effective all the time so it would be better to learn how to deal with the movement of the market though it will take a long process of learning. You should know as a trader how to do the technical analysis so you'll know the steps that you would take basically the right decision on when to sell or when to buy. You could create your own strategy through your trading experiences.


Title: Re: Be comfortable with your strategy!
Post by: Captain Corporate on February 27, 2022, 07:37:24 PM

 Its a scary thing as well, doesn't it feel scarier to follow others? I mean you are putting up your own money in that case and you are trusting someone totally stranger to you and you are hoping that it would work out for the best? I do not believe that it would be that easy, it should be a bit harder to throw in your money just because someone said something. Obviously you are going to end up with a lot of risks involved, but that doesn't mean that we should be listening to others just because our own trading is risky. Learn how to trade, and try to be better yourself instead of trying to find "influencers" that will show you what to do.


Title: Re: Be comfortable with your strategy!
Post by: Hamphser on February 27, 2022, 08:01:30 PM
You can copy and use strategies that work from other traders but this could never assure that it will work on us. That was because we are too different when it comes to decision making and this can never be copied by anyone.
It is true. Using successful strategies from others never guarantees to be successful as well with us. Each trader must have different knowledge and experience, this will have a big role in making every decision. Each trader also has a different character and nature, this is another factor to make a different result between one trader and another trader. So, it is very difficult to have the same result although the strategies are very good to apply in trading.

We do differ in these ff;

1. Emotional aspect
2. Reaction Aspect
3. Thinking aspect
4. Skills aspect
5. Knowledge aspect
6. Intuition aspect

These are just only few of the things which do affects traders
success or profitability.


Title: Re: Be comfortable with your strategy!
Post by: Kelvinid on February 27, 2022, 10:25:55 PM
Applying other's strategies isn't effective all the time so it would be better to learn how to deal with the movement of the market though it will take a long process of learning. You should know as a trader how to do the technical analysis so you'll know the steps that you would take basically the right decision on when to sell or when to buy. You could create your own strategy through your trading experiences.
Yet, mentorship is quite good but their knowledge and skill can't be copied fully and even how many years we are in their side it is certainly we can't like them coz there are so many factors that could affect it.

*decision making
*mindset
*emotions (very common)

No matter what we do, even having the toughest trader in the world will teach us still, it won't guarantee our success, especially in the time that we do our own alone.


Title: Re: Be comfortable with your strategy!
Post by: Natalim on February 27, 2022, 10:54:47 PM
To have our own strategy is too hard at first as we don't know yet and are afraid if we just lose. That is why we have to see how the others do their trades. Besides, we do watch online tutorials and make use of this to gain some ideas, great ideas, we do some mirroring of what they do. This is the beginning of creating our own and we do this for the sake of wanting to be like them.

It is fact that believing in ourselves, our strategies will drive us to a better result.


Title: Re: Be comfortable with your strategy!
Post by: Luqman on February 27, 2022, 11:33:17 PM
I am wondering, how if my comfortable feeling in my strategy precisely makes me become losses because of the wrong strategy?
Should I still follow them because of the comfortable feeeling?
I think that I must revise the strategy and evaluate. Then manage again the strategy that really fits and works on us. This may not be easy because sometimes, trials and errors are needed and we can lose a lot of money. In this case, the proper strategy may relate to the codnition where we really feel suitable with the right strategy to always mostly get profits.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on February 27, 2022, 11:52:53 PM
After realizing things coming from your own experiences, you'll be able to sum it up and use the system that really help you to
have a good growth with your trading.

With those many strategy and patterns, it's true that not all is for everyone, we can duplicate
but not to expect the same outcome from time to time, modifying and adjusting is how it works.

Know to pattern with your own system and live with it.


Title: Re: Be comfortable with your strategy!
Post by: Mpamaegbu on February 28, 2022, 10:25:50 AM
One of the few things I was taught while learning the rudiments of trading was, "stick to what works for you". OP, whatever that works for you is your trading play. This seems to be working for you. Stick to it. It doesn't matter whether others are using it or not. Once it gets you wins, stick and perfect on it. BTW, from your graphs you seem to be scalping too. For me, I consider anyone trading the 5m TF a scalper. There are people who don't have that temperament to trade on that TF. Yours sincerely is one of them.


Title: Re: Be comfortable with your strategy!
Post by: beerlover on February 28, 2022, 02:16:36 PM
Being comfortable with your strategy doesn't mean that you shouldn't really learn what others are doing. Obviously get better at studying other people and learning how to make money as well. It just means that you should try to avoid using a strategy just because someone else is using it.

I personally try to avoid it as much as I could, and just study what they do and try to apply it to what I could do. Doesn't mean that you have to do exactly one to one what they are doing, but also doesn't mean you need to ignore everyone else. Learn what they do, study it, and then apply it to yourself if you think that it fits your own strategy or mindset. That’s how each strategy starts out.


Title: Re: Be comfortable with your strategy!
Post by: monineklutak on February 28, 2022, 04:32:21 PM
After realizing things coming from your own experiences, you'll be able to sum it up and use the system that really help you to
have a good growth with your trading.

With those many strategy and patterns, it's true that not all is for everyone, we can duplicate
but not to expect the same outcome from time to time, modifying and adjusting is how it works.

Know to pattern with your own system and live with it.
experience is indeed very valuable for our strategic capital. and of course at first we will feel frustrated by trying several strategies, until we find the one that makes us comfortable using it. after that we have to go deep into the strategy to be explored. it does take time to reach that level, but if we understand it, then we will be comfortable with our lives in carrying out that trading strategy
It's normal when we get frustrated while trying some strategies,
even when trying it requires patience and takes a lot of time too,
what is clear is that when we have found a strategy in trading that really fits, it will make us more comfortable


Title: Re: Be comfortable with your strategy!
Post by: usekevin on February 28, 2022, 05:03:09 PM
We often experience losses in trading because the market situation is not always in good condition.
That is the need for us to always look for strategies that can work well and help us make profits.
As long as we can keep looking and learning to make strategies, we will have the best strategy for us to implement that strategy based on the situation in the market.
There is no need to be afraid of failure because failure is a delayed success and as long as we have the will, there must be a way.

Loss and profit of trading is based on the market.The trader should use the current strategy to get a profit, by buying at less price.Profit is only get by using the strategy. You can create a own strategy over a period.The failure of the trade should be used for the longer period to learn the things.When you learn from failure, it's enough to recover the loss. The next investment after the loss it's not a easy one, you may fear to do the next one. But surely you can win with the next try.


Title: Re: Be comfortable with your strategy!
Post by: wxa7115 on February 28, 2022, 05:05:33 PM
Applying other's strategies isn't effective all the time so it would be better to learn how to deal with the movement of the market though it will take a long process of learning. You should know as a trader how to do the technical analysis so you'll know the steps that you would take basically the right decision on when to sell or when to buy. You could create your own strategy through your trading experiences.
At the beginning a newbie is only going to be able to rely on the knowledge of others as they are not experimented enough to create their own strategy.

However once they learn more about the markets and about their inner workings then they will be able to create a strategy that is their own and which matches their personality and the goals they have set for themselves, the advantage of this is that unlike what happens when you are implementing the strategy of someone else you will know exactly why you are doing what you are doing, which means that when you are facing a situation of high stress, like a crash in the market, then you will not panic and you will be able to execute your strategy even during those difficult circumstances.


Title: Re: Be comfortable with your strategy!
Post by: crzy on February 28, 2022, 08:18:09 PM
Know what works for you and stick to it, that's 2 thing Ive learnt and still holding unto over the years. The fact that a particular strategy favours Mr. X doesn't mean Mr. Y would tell similar stories if he adopts the method, just develop on your own strategy and be contented
You can follow their advices as a newbie but once you already know how to trade properly, its always good to have your own strategy that can work with you anytime. Though, you should be more active on making your strategy and change if from time to time because the market grows and what works today might not work again so keep monitoring the market and adopt the trend.


Title: Re: Be comfortable with your strategy!
Post by: Lanatsa on February 28, 2022, 08:35:44 PM
Know what works for you and stick to it, that's 2 thing Ive learnt and still holding unto over the years. The fact that a particular strategy favours Mr. X doesn't mean Mr. Y would tell similar stories if he adopts the method, just develop on your own strategy and be contented
You can follow their advices as a newbie but once you already know how to trade properly, its always good to have your own strategy that can work with you anytime. Though, you should be more active on making your strategy and change if from time to time because the market grows and what works today might not work again so keep monitoring the market and adopt the trend.
It isn't bad to snip out on others strategy or analysis yet you could also apply it on your own.On trading then this would really involved lots of trial and error on which you are the ones who do really make out some adjustments if needed.

Some do rely fully on some people in regarding on their trades but nothing beats out if you do really rely on your own trading style.Dont get that affected nor intimidated on others analysis.
You could always create your own and whenever you do lost money then feeling of regret wont really be that much unlike on the other way around.


Title: Re: Be comfortable with your strategy!
Post by: LUCKMCFLY on February 28, 2022, 10:47:20 PM
My best strategy is always to follow my own rules, no matter if the market goes against me, newbies are likely to break their rules and that is why they lose so much, for now my own rules are very simple:

1.- When I trade, I only put 3 trades nothing more
2.- If I lose the first one, I try to recover with the second trade and make a profit.
3.-If I lose the second trade, I try the third trade to recover and break even.

4.- If I lose the third trade, I assume my loss and do not insist anymore, because I am not seeing the market in the correct way, in that case it is better to leave until I have a better vision.


Title: Re: Be comfortable with your strategy!
Post by: Captain Corporate on February 28, 2022, 10:56:12 PM
My best strategy is always to follow my own rules, no matter if the market goes against me, newbies are likely to break their rules and that is why they lose so much, for now my own rules are very simple:

1.- When I trade, I only put 3 trades nothing more
2.- If I lose the first one, I try to recover with the second trade and make a profit.
3.-If I lose the second trade, I try the third trade to recover and break even.

4.- If I lose the third trade, I assume my loss and do not insist anymore, because I am not seeing the market in the correct way, in that case it is better to leave until I have a better vision.

 This is basically the trail stop type of method that I have used before. It required a bit of time that I didn't have so I stopped, but I definitely did use it back in the day. I put up numbers, like 40-38-36-34-32 and bought at those levels as long as it kept going up, and then put up sale orders at 42-44-46-48-50 to sell as well. That way if it went down then I would be buying, and when it went up then I would be selling and did all of it in parts. Never got into anything all in, just did it part by part, and even used only a portion of my whole bankroll even on all of them, so even after buying it all, even at 32, I would not be out of money. It really worked, but it was a lot of work for not a lot of money in a long period of time, so I gave up.


Title: Re: Be comfortable with your strategy!
Post by: kawetsriyanto on February 28, 2022, 11:59:32 PM
Being comfortable with your strategy doesn't mean that you shouldn't really learn what others are doing. Obviously get better at studying other people and learning how to make money as well. It just means that you should try to avoid using a strategy just because someone else is using it.
You are right. There is no problem trying other strategies. But we must understand that other strategies may not fit with our style. So, be careful to choose other strategies. Just choose a new strategy that seems to be suitable with our characteristics in trading and not really hard to be learned as well. I sometimes learned some new strategies in trading because I think I need to be more flexible in choosing the right strategy. Crypto market always changes, we cannot rely on a single strategy only. However, we don't expect too much to suing a new strategy, only make a minimum target, especially on the first attempt. Although that strategy is very successful to be used by many people, doesn't guarantee we can succeed by using it as well. There are many factors that can influence it, we must analyze every possible factor that may lead to being the failure using it. If the factor is like our mismatched character, better to leave it and try another one. Don't be stuck in a single strategy!!


Title: Re: Be comfortable with your strategy!
Post by: Farma on March 01, 2022, 07:58:31 AM
After realizing things coming from your own experiences, you'll be able to sum it up and use the system that really help you to
have a good growth with your trading.

With those many strategy and patterns, it's true that not all is for everyone, we can duplicate
but not to expect the same outcome from time to time, modifying and adjusting is how it works.

Know to pattern with your own system and live with it.
well, generally, people will use a basic strategy in trading, then modify it to suit their convenience. this is the better way, because you adapt to it, and will most likely master the strategy you developed yourself.
Many people try to imitate other people's ways, but are not comfortable with it. they tend to follow the movements of others because they see many advantages in that person. Usually this makes people forced to continue to use the assets they have, not even realizing that their assets have run out. they keep trying the technique until the result is the same. but, in the end, it didn't suit them.
however, it would be great to create your own strategy, rather than trying to copy someone else's way, which ends up making you constantly changing strategies.


Title: Re: Be comfortable with your strategy!
Post by: jhonjhon on March 01, 2022, 08:33:30 AM
Actually i've been looking for an accurate strategy when i was new in trading and i want to apply all of it because of mindset that i can make good results on that way.

but unfortunately i always ended losses after all my efforts. :D

So i realized maybe not all strategy is suitable for us., i mean we need to choose which one startegy is more effective and forget the rest.

I tried scalping but failed , and also reversal, and break out but failed again.  ;D

wherein only flag pattern and wedge give me a sign that i can make good results in trading..

So decided to focus in it and take screenshot always after winning to remember the same pattern ..

Until now i don't place trade if there's no flag pattern or wedge pattern..and you know guys most of my results are very very nice. ;D

So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

https://i.postimg.cc/C1CK5JKv/IMG-20211211-214549.jpg (https://postimg.cc/tZTbm3WP)

https://i.postimg.cc/cCsLnYgd/IMG-20211230-014313.jpg (https://postimg.cc/k6pCr2vH)

https://i.postimg.cc/rm2mq7q0/IMG-20220104-024811.jpg (https://postimg.cc/06ZxfWMP)



This is so true. There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.


Title: Re: Be comfortable with your strategy!
Post by: RealMalatesta on March 01, 2022, 03:21:55 PM
There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.
The personalization of the projects is the key here and you could basically do it anyway you want but you have to do it for your own mindset. I have talked about this before as well, strategies are not inherently good or bad, maybe there could be some bad, but one strategy can not be good for every single person. One style could be great for you while the other could be horrible. Or it could be great for you but bad for me, nobody knows.

It is a bit about your character, while you can't even wait 10 seconds to sell for a profit, I may wait for 10 days and that is the main difference. I have to say it is not really that easy for me to end up with a good result if we just keep on making new strategies that work for "everyone", which is impossible.


Title: Re: Be comfortable with your strategy!
Post by: livingfree on March 01, 2022, 11:57:07 PM
My best strategy is always to follow my own rules, no matter if the market goes against me, newbies are likely to break their rules and that is why they lose so much, for now my own rules are very simple:

1.- When I trade, I only put 3 trades nothing more
2.- If I lose the first one, I try to recover with the second trade and make a profit.
3.-If I lose the second trade, I try the third trade to recover and break even.

4.- If I lose the third trade, I assume my loss and do not insist anymore, because I am not seeing the market in the correct way, in that case it is better to leave until I have a better vision.
This is a good strategy and you're really able to control yourself upon giving a certain try on how many times you have to recover.

And if it's not meant with the maximum try that you have set, you'll be stopping. The fact that newbies will recover no matter what and how long they're going to try.

It's like aiming without a target and it's prone to losing more of its capital in trading. They should better be with holding instead.


Title: Re: Be comfortable with your strategy!
Post by: Viscore on March 02, 2022, 09:00:05 AM
There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.
The personalization of the projects is the key here and you could basically do it anyway you want but you have to do it for your own mindset. I have talked about this before as well, strategies are not inherently good or bad, maybe there could be some bad, but one strategy can not be good for every single person. One style could be great for you while the other could be horrible. Or it could be great for you but bad for me, nobody knows.

It is a bit about your character, while you can't even wait 10 seconds to sell for a profit, I may wait for 10 days and that is the main difference. I have to say it is not really that easy for me to end up with a good result if we just keep on making new strategies that work for "everyone", which is impossible.
Thats why you need to do some research first before putting it into an action. Dont rely on others because each  one of us has its own style of strategies that is suit for our character. Having a successful trading is depend on how we handle our actions, it depends on strategies we've made.


Title: Re: Be comfortable with your strategy!
Post by: Zilon on March 02, 2022, 09:10:03 AM
Most times it's the complexity in trading strategy that makes the loses. I believing so much in a neat chat where i closely and carefully spot major turning points in the market. But if your strategy is good enough despite how complex it might seem then stick too it but it's best to have an easily readable chat for easy interpretation and quick market decision


Title: Re: Be comfortable with your strategy!
Post by: sayaya17 on March 02, 2022, 09:26:23 AM
There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.
The personalization of the projects is the key here and you could basically do it anyway you want but you have to do it for your own mindset. I have talked about this before as well, strategies are not inherently good or bad, maybe there could be some bad, but one strategy can not be good for every single person. One style could be great for you while the other could be horrible. Or it could be great for you but bad for me, nobody knows.

It is a bit about your character, while you can't even wait 10 seconds to sell for a profit, I may wait for 10 days and that is the main difference. I have to say it is not really that easy for me to end up with a good result if we just keep on making new strategies that work for "everyone", which is impossible.
Thats why you need to do some research first before putting it into an action. Dont rely on others because each of one of us has its own style of strategies that is suit for our character. Having a successful trading is depend on how we handle our actions, it depends on strategies we've made.

Only we ourselves know what strategy is best for us, because everyone must find which strategy is suitable and comfortable to use. It's true that
the strategies that other people use may not work when we use them too. So when trading, don't depend too much on other people, we must be able
to decide for ourselves what is best for us. That's the importance of learning a lot about trading and after that practice it, it all aims to find which
trading strategy suits us. It doesn't matter when we start trading with a lot of losses, we can take lessons from every loss we experience. So when
starting trading always use a small capital or we can look for platforms that provide demo accounts, to train us to trade for free. Because as long as
we haven't found a strategy that suits us, it will be difficult to make a profit.


Title: Re: Be comfortable with your strategy!
Post by: kapalmabur on March 02, 2022, 11:00:16 AM
There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.
The personalization of the projects is the key here and you could basically do it anyway you want but you have to do it for your own mindset. I have talked about this before as well, strategies are not inherently good or bad, maybe there could be some bad, but one strategy can not be good for every single person. One style could be great for you while the other could be horrible. Or it could be great for you but bad for me, nobody knows.

It is a bit about your character, while you can't even wait 10 seconds to sell for a profit, I may wait for 10 days and that is the main difference. I have to say it is not really that easy for me to end up with a good result if we just keep on making new strategies that work for "everyone", which is impossible.
Thats why you need to do some research first before putting it into an action. Dont rely on others because each of one of us has its own style of strategies that is suit for our character. Having a successful trading is depend on how we handle our actions, it depends on strategies we've made.
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow


Title: Re: Be comfortable with your strategy!
Post by: Hypnosis00 on March 02, 2022, 03:29:44 PM
Thats why you need to do some research first before putting it into an action. Dont rely on others because each of one of us has its own style of strategies that is suit for our character. Having a successful trading is depend on how we handle our actions, it depends on strategies we've made.
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
[/quote]
Perhaps, those traders that are more comfortable with what they are doing will seem going to succeed. I'd found that as an example as these old traders make their own story of not relying on others instead of standing their own feet. We can make this a mirror to ourselves as these big guys win exactly because they are strategically enough. Apparently, we can't call ourselves a success if we don't have any and so we need to make our own for that sake, or else, we die following other's failure.


Title: Re: Be comfortable with your strategy!
Post by: Sanitough on March 02, 2022, 09:49:02 PM
Thats why you need to do some research first before putting it into an action. Dont rely on others because each of one of us has its own style of strategies that is suit for our character. Having a successful trading is depend on how we handle our actions, it depends on strategies we've made.
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
Perhaps, those traders that are more comfortable with what they are doing will seem going to succeed. I'd found that as an example as these old traders make their own story of not relying on others instead of standing their own feet. We can make this a mirror to ourselves as these big guys win exactly because they are strategically enough. Apparently, we can't call ourselves a success if we don't have any and so we need to make our own for that sake, or else, we die following other's failure.
[/quote] That is very unlikely if we consider trading as our own comfort zone. Its not all the time that same strategies work for the same person. Sometimes, others succeed while we doom to fail even if we are using the same strategies. So its always good to have your own outlook on the market and create your own market analysis. Once you are able to do that, you can build your own strategies that will suit and work on your own approach.  And once you become familiar and master it, then successful trading will be very possible.


Title: Re: Be comfortable with your strategy!
Post by: boyptc on March 02, 2022, 09:52:34 PM
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
Relying on others may have a different meaning.

If it's about information, there is nothing wrong if there are better traders than you and give their insights about the market and you just have to pick those information that will help you gain knowledge and help you with your trades.

It's a matter to know what you must do if you have those information that you've just extracted from traders who are better than us. But if it's about decision making for your strategy and you rely on others, that's a big no.


Title: Re: Be comfortable with your strategy!
Post by: Mahanton on March 02, 2022, 11:11:04 PM
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
Relying on others may have a different meaning.

If it's about information, there is nothing wrong if there are better traders than you and give their insights about the market and you just have to pick those information that will help you gain knowledge and help you with your trades.

It's a matter to know what you must do if you have those information that you've just extracted from traders who are better than us. But if it's about decision making for your strategy and you rely on others, that's a big no.
Even myself is really fan on reading up others analysis and sentiments which it could give out more idea and knowledge about the market and it isnt really bad to consider on having or putting up some time
on reading those and you wouldnt know if soon you would able to make use of those ideas which it would really be that situational. This market is a never ending kind of learning which you would
really be needing and snipping out others idea wasnt bad an option to take as long you do see it would be relevant.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 03, 2022, 09:19:52 AM
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
Relying on others may have a different meaning.

If it's about information, there is nothing wrong if there are better traders than you and give their insights about the market and you just have to pick those information that will help you gain knowledge and help you with your trades.

It's a matter to know what you must do if you have those information that you've just extracted from traders who are better than us. But if it's about decision making for your strategy and you rely on others, that's a big no.

I like your point of view, if things will help you to improve your knowledge, there's no wrong about it.

Just don't rely everything on other people but instead, enhance all those collections of knowledge that you gained and form your
own strategy for the betterment of your success.

The satisfaction is on how you build and established your own strategy, and be comfortable with great outcome.


Title: Re: Be comfortable with your strategy!
Post by: boyptc on March 03, 2022, 08:21:06 PM
It's true it's better to practice to use your own strategy with the results of our analysis,
need to realize that not always the strategies of others will work as well if we use them,
relying on others will not make us grow
Relying on others may have a different meaning.

If it's about information, there is nothing wrong if there are better traders than you and give their insights about the market and you just have to pick those information that will help you gain knowledge and help you with your trades.

It's a matter to know what you must do if you have those information that you've just extracted from traders who are better than us. But if it's about decision making for your strategy and you rely on others, that's a big no.

I like your point of view, if things will help you to improve your knowledge, there's no wrong about it.

Just don't rely everything on other people but instead, enhance all those collections of knowledge that you gained and form your
own strategy for the betterment of your success.

The satisfaction is on how you build and established your own strategy, and be comfortable with great outcome.
Yup.

There's no need to hide that validation that you're really in help if relying on other for information is greatly helping you out. Too much reliant on them won't do good.

But you can't really stop yourself if those information you're getting is changing a big part of yourself and you're winning your trade. You should get the good parts but not entirely all of the things they say to you.

Even myself is really fan on reading up others analysis and sentiments which it could give out more idea and knowledge about the market and it isnt really bad to consider on having or putting up some time
on reading those and you wouldnt know if soon you would able to make use of those ideas which it would really be that situational. This market is a never ending kind of learning which you would
really be needing and snipping out others idea wasnt bad an option to take as long you do see it would be relevant.
I agree.

You'll have to learn continuously and this is what the market is teaching us. There are also those trading experts that shares their insights which is not bad to extract the info they have if it's helping us.


Title: Re: Be comfortable with your strategy!
Post by: TheUltraElite on March 04, 2022, 11:28:24 AM
In general, the strategy largely depends on the preferences of the trader. For example, when I started working with a broker from Amarkets, I practiced the strategy on a demo account.
Using the paper trading is also a good option. This reduces the chance of ending up losing money while making sure you practice the ins and outs of trading. This should be done for more than six months without getting tired of actually doing profitable trading.

Strategy should be same, buy low sell high and nothing more. You will make more profit but in longer time. For being a successful trader, one needs to have patience and not hurry. Without patience you will not be able to reach the  points to buy/sell.

There are a lot of people calling themselves to be experts in trading. But be cautious about such people's words. They are not to be trusted in most cases.


Title: Re: Be comfortable with your strategy!
Post by: LastKiss on March 04, 2022, 11:50:43 AM
~snip
~snip~

Strategy should be same, buy low sell high and nothing more. You will make more profit but in longer time. For being a successful trader, one needs to have patience and not hurry. Without patience you will not be able to reach the  points to buy/sell.

There are a lot of people calling themselves to be experts in trading. But be cautious about such people's words. They are not to be trusted in most cases.

Yea many people don't have patience when it comes to money, it's really hard to implement patience in ourselves when we wait for another good price to sell. Also many scammers around us want our money so rather than find a stranger person it's better to build a community with your own friends and discuss crypto, strategy, etc. I saw a lot of news that some people hold their bitcoin for long term and now they're millionaires it's just our patience got tested.


Title: Re: Be comfortable with your strategy!
Post by: Peanutswar on March 04, 2022, 12:58:02 PM
~~~

This is so true. There are some strategy that may not work for you. Thats why we keep on trying another strategies that make us profitable. And its good see that you already find the right strategy that fits for you.  :) There are some people easily give up and get disappointed whenever they get failed with the strategy they used. Instead of finding the right one,they choose to quit.

Yes, we all know that trading is not easy as what others think. It is not a get rich-quick scheme but if you put a lot of efforts and knowledge. You'll gonna be rich. The more you take a risk, the more you will become profitable.

We have a different trading strategy it depends on it how you will make a committed trade or position but still it's a good thing to learn other skill sets or strategies of other trades by that you can get an idea that can be used to execute to your trades, not all the things is we already know still we can get from the knowledge and experience of other trades so you have the choice to learn and adopt or just stick with your trading style. Recently I'm just using with the MACD indicators and then basic charting and someone teach me basic things needs to learn and now currently adopting these to my trade and it becomes more effective.


Title: Re: Be comfortable with your strategy!
Post by: jaberwock on March 04, 2022, 06:10:57 PM
To feel comfortable working with the chosen strategy, you need to understand that you need to have enough experience in working with just such a strategy.
Totally agree, no way that you're comfortable with your strategy if you don't have any experience and you're way of approaching trading doesn't yield any success in your part which is a bad thing especially if you plan to be follow OP's advice regarding being comfortable, you would be relaxed for nothing.
It's the same as saying you're comfortable at losing if you stay on the same strategy that does not work well. Every beginner starts fresh and they have no experience whatsoever but they should at least read and learn the basics of crypto and crypto trading before they jump on the actual part and it will be better if they create their own strategy first and not by just grabbing every strategy that they saw on the web, that is for them to know how the thing works.

It's okay if they lose on their first few tries because they are a newbie anyway but they should try harder next time on how to improve their selves. That's the time they can operate with a different strategy.


Title: Re: Be comfortable with your strategy!
Post by: RealMalatesta on March 04, 2022, 08:44:31 PM
To feel comfortable working with the chosen strategy, you need to understand that you need to have enough experience in working with just such a strategy.
Totally agree, no way that you're comfortable with your strategy if you don't have any experience and you're way of approaching trading doesn't yield any success in your part which is a bad thing especially if you plan to be follow OP's advice regarding being comfortable, you would be relaxed for nothing.
I would assume that it is more about learning a good one and not being really dubious about what you are doing. Imagine it this way, if you are doing a strategy but have no idea why you are using that one and you just use it, then you would be bad at it, you just heard it from someone and you keep doing it because of that.

However, if you get comfortable with it (means learning it like back of your hand) then you would be able to actually use it properly because you know each part and know what they mean. That's the type of trading that gets you profits because you are well aware of the strengths and shortcomings of your own strategy and you can change it based on the situation.


Title: Re: Be comfortable with your strategy!
Post by: shawon01 on March 06, 2022, 10:42:27 AM
The main thing in the setting that I have to do while learning is that the coin thing was shown one of the things that was shown here.  So stick to it, consider whether you are using another one and try to do it perfectly.


Title: Re: Be comfortable with your strategy!
Post by: TheUltraElite on March 12, 2022, 09:38:49 AM
Yea many people don't have patience when it comes to money, it's really hard to implement patience in ourselves when we wait for another good price to sell.
Patience is required in both sides. But the lack of patience in most traders is good for the rest of the traders. They will keep on profiting while the impatient group keeps losing money. :D

Quote
Also many scammers around us want our money so rather than find a stranger person it's better to build a community with your own friends and discuss crypto, strategy, etc. I saw a lot of news that some people hold their bitcoin for long term and now they're millionaires it's just our patience got tested.
Discussion is fine as long as it does not trickle down one trader's misgivings into the group because often one person of a group will have lost money and they will crib about it bringing down the morale of the rest of the traders. Being a solo trader is best in my opinion, but yours might vary.

Scammers exist in different forms. How one can fool another to get their money is a different topic of discussion. Again influencers and shills are the current level of people who should be avoided at all costs.


Title: Re: Be comfortable with your strategy!
Post by: Lordhermes on March 12, 2022, 04:07:38 PM
Every trader is suppose to have a strategy he uses to ensure he makes profit.A man with a strategy is a man that can make profit and earn money. I know strategy is supposed to be dynamic,that is to say it is supposed to change with time, but having a particular strategy that works for you always in trading is one that you should stig to.
Even if you will later apply or try other strategies,that one that always works for you should not be traded for the one you've not known whether it will work or not.


Title: Re: Be comfortable with your strategy!
Post by: CapGelatik on March 12, 2022, 04:19:26 PM
Actually i've been looking for an accurate strategy when i was new in trading and i want to apply all of it because of mindset that i can make good results on that way.

but unfortunately i always ended losses after all my efforts. :D

So i realized maybe not all strategy is suitable for us., i mean we need to choose which one startegy is more effective and forget the rest.

I tried scalping but failed , and also reversal, and break out but failed again.  ;D

wherein only flag pattern and wedge give me a sign that i can make good results in trading..

So decided to focus in it and take screenshot always after winning to remember the same pattern ..

Until now i don't place trade if there's no flag pattern or wedge pattern..and you know guys most of my results are very very nice. ;D

So guys must choose a good strategy for you as well if you really want to become comfortable in trading and also don't force your self with a strategy that cannot even give you good results.

Stop assuming that having a lot strategy can give you a lot of money  as well because that's not true!!

https://i.postimg.cc/C1CK5JKv/IMG-20211211-214549.jpg (https://postimg.cc/tZTbm3WP)

https://i.postimg.cc/cCsLnYgd/IMG-20211230-014313.jpg (https://postimg.cc/k6pCr2vH)

https://i.postimg.cc/rm2mq7q0/IMG-20220104-024811.jpg (https://postimg.cc/06ZxfWMP)



In the case of trading, one should never trade by guessing. To date, those who trade with speculation have not been able to get good results.So in order to trade you need to do adequate analysis and come up with a strategy so that you can make some profit by trading.
Relying on speculation alone will only get us in big trouble in trading,
however it is not recommended and it is true that doing analysis is very important in trading and if you can't, we need to learn,
obviously speculating it won't help at all so it's better to avoid it


Title: Re: Be comfortable with your strategy!
Post by: kamilah147 on March 12, 2022, 05:07:29 PM
All strategies have drawbacks, of course what we hope for is success in these strategies. assuming for me is something I should avoid, every decision in trading has been analyzed and compared to previous market conditions. meaning all must be researched, because if only assume this will result in losses.


Title: Re: Be comfortable with your strategy!
Post by: darewaller on March 12, 2022, 09:14:07 PM
Discussion is fine as long as it does not trickle down one trader's misgivings into the group because often one person of a group will have lost money and they will crib about it bringing down the morale of the rest of the traders. Being a solo trader is best in my opinion, but yours might vary.

Scammers exist in different forms. How one can fool another to get their money is a different topic of discussion. Again influencers and shills are the current level of people who should be avoided at all costs.
I do agree that being solo is definitely better, unless you are VERY wealthy. With solo trading you are not really causing anyone to lose money while you are profiting or nobody else is causing you to lose money while they are profiting. I like to trade coins or tokens that I know that has a future, so I try to catch them before a good news happens.

Just recently I bought Floki right before the Aston Martin advertisement deal, and it went up nearly x2 (like 80%) and I sold it. That is a good way of trading, doesn't need to be based on any data if you know what is about to happen. Of course it is hard to follow hundreds of coins and know news about them all the time, but it is not impossible.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 13, 2022, 03:16:20 AM
Discussion is fine as long as it does not trickle down one trader's misgivings into the group because often one person of a group will have lost money and they will crib about it bringing down the morale of the rest of the traders. Being a solo trader is best in my opinion, but yours might vary.

Scammers exist in different forms. How one can fool another to get their money is a different topic of discussion. Again influencers and shills are the current level of people who should be avoided at all costs.
I do agree that being solo is definitely better, unless you are VERY wealthy. With solo trading you are not really causing anyone to lose money while you are profiting or nobody else is causing you to lose money while they are profiting. I like to trade coins or tokens that I know that has a future, so I try to catch them before a good news happens.

Just recently I bought Floki right before the Aston Martin advertisement deal, and it went up nearly x2 (like 80%) and I sold it. That is a good way of trading, doesn't need to be based on any data if you know what is about to happen. Of course it is hard to follow hundreds of coins and know news about them all the time, but it is not impossible.

If you fully understand how the market is moving, the kind of strategy will work and fit on you,

What i mean is like how you deal with your trade, you anticipated the good market movement before that Martin's deal
and yes, you made a good profit.

No one tells you but you do it with your own knowledge, better than following anyone, and be disappointed when things went to
the other side and you lose your investment.


Title: Re: Be comfortable with your strategy!
Post by: gabbie2010 on March 13, 2022, 06:28:54 AM
When I do make a trade I always have my cheat sheet which consists of a lot of information related to the candlesticks and the market graph I always do this to make sure that my trade becomes successful of course always step a Stop loss and take profit to make sure still always to the plan. Don't envy your strategy always stick to your strategy also learn from your mistakes and other people.

You have a great strategy out there, once you used to candlestick you wont need your cheat sheet again because any information relate to candlesticks is already inside your brain. Many people start with different strategies but when their strategy is useless they feel ashamed about their strategy and in the end the following people succeed in trading and hope for a great outcome but end up badly.
I also agreed with the idea of having a cheat sheet which I call my personal journal where all candlestick patterns previously formed is being noted and recorded, based on my own research I believe that those candlestick patterns repeat itself, "price history repeats itself" that is exactly the foundation of my trading strategy, I used higher timeframe for analysis and revert to 5 minutes timeframe for entry while utilizing the power of trendlines to enter a trade after a breakout of the price, which is an indication of increase in volatility of price, while I had always stick with my strategy with some little modifications.


Title: Re: Be comfortable with your strategy!
Post by: Desscount on March 13, 2022, 10:17:08 AM
All strategies have drawbacks, of course what we hope for is success in these strategies. assuming for me is something I should avoid, every decision in trading has been analyzed and compared to previous market conditions. meaning all must be researched, because if only assume this will result in losses.
Just assuming the same as speculating and in my opinion is not recommended in trading if you don't want to lose,
that's why analysis in trading has an important role and thus at least minimizes risk,
in trading we need to have the skills and knowledge to support it


Title: Re: Be comfortable with your strategy!
Post by: Ziskinberg on March 13, 2022, 03:19:03 PM
snip~

You have a great strategy out there, once you used to candlestick you wont need your cheat sheet again because any information relate to candlesticks is already inside your brain. Many people start with different strategies but when their strategy is useless they feel ashamed about their strategy and in the end the following people succeed in trading and hope for a great outcome but end up badly.
I also agreed with the idea of having a cheat sheet which I call my personal journal where all candlestick patterns previously formed is being noted and recorded, based on my own research I believe that those candlestick patterns repeat itself, "price history repeats itself" that is exactly the foundation of my trading strategy, I used higher timeframe for analysis and revert to 5 minutes timeframe for entry while utilizing the power of trendlines to enter a trade after a breakout of the price, which is an indication of increase in volatility of price, while I had always stick with my strategy with some little modifications.
That's right. It is very important that we know what strategies work for us as for sure that not all strategies apply to everyone. We do some modifications and sometimes we need to find another, keeping ourselves doing searches helps us to gain more ideas. Because in trading, we need not feel it was so easy, it is a time consuming honestly but it was worth it, we got paid off later.
And using trading indicators is much helpful to us but we need to study the market so well.


Title: Re: Be comfortable with your strategy!
Post by: rby on March 13, 2022, 09:25:47 PM
I call learning by doing because it really helps us find strategies that work for us. We can try other people's strategies but keep in mind that they won't necessarily work if we use them right away, and maybe we'll have to figure out how to modify them so that they work for us. It will take a lot of experiments to find one that works for us, but it's something worth trying until we find one.
I discovet that we over labour ourselves with strategies but there is not perfect strategy. I can also say that there are no new strategies. All the strategies are related if not one. The strategy you think that is yours is another person's own seen in a different way or style.
Since the strategies are numerous it is good for one to study a working one and be using it and then continue to learn the other styles of the dynamic strategies. A strategy that works today might not work topic.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 14, 2022, 10:58:47 AM
It is a must. Everyone should have to think about that and aim for a strategy that really effective. Besides, making a good profit is somewhat because our strategies work so well. Making our own strategy(ies) helps us to achieve our goal and it was very satisfying. Being comfortable with our strategy(ies) makes us even more confident that we will succeed.
The good thing about having our own is simply we don't rely on others and this proves that we go far without the help of other people, like standing with our own feet.

The chance is better if you are comfortable with the strategy that you are using.

It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.


Title: Re: Be comfortable with your strategy!
Post by: FanEagle on March 14, 2022, 02:09:28 PM
All strategies have drawbacks, of course what we hope for is success in these strategies. assuming for me is something I should avoid, every decision in trading has been analyzed and compared to previous market conditions. meaning all must be researched, because if only assume this will result in losses.
Just assuming the same as speculating and in my opinion is not recommended in trading if you don't want to lose,
that's why analysis in trading has an important role and thus at least minimizes risk,
in trading we need to have the skills and knowledge to support it
Speculating yourself has absolutely no play in it because what you think doesn't really matter since you are just one person. However, speculators do matter, if you see too many people trying to say bitcoin will drop, there is a good chance it could drop and I get that or vice versa when everyone is saying that the price would go up, and then there is a chance it could go up as well.

Right now, we are living in a period where it may not go up, or it may not go down and it would just be what it is and we have to accept it. So, if data is the only thing you are basing your trading on, then I would suggest checking what people are saying as well.


Title: Re: Be comfortable with your strategy!
Post by: Renampun on March 14, 2022, 03:05:02 PM
It is a must. Everyone should have to think about that and aim for a strategy that really effective. Besides, making a good profit is somewhat because our strategies work so well. Making our own strategy(ies) helps us to achieve our goal and it was very satisfying. Being comfortable with our strategy(ies) makes us even more confident that we will succeed.
The good thing about having our own is simply we don't rely on others and this proves that we go far without the help of other people, like standing with our own feet.
all traders must be ready and comfortable with the decisions they make...

Indeed, being able to make your own decisions is not easy, especially when trading, but slowly if you practice this ability, it will appear by itself, it is always not good to continue to depend on other people's decisions.


Title: Re: Be comfortable with your strategy!
Post by: LUCKMCFLY on March 14, 2022, 04:04:30 PM
Currently the market as it is, there are many movements that I have not understood, other movements that yes, but according to what is happening in the world, my logic tells me that the price of both BTC and altcoins can continue to fall, this due to panic and panic is one of the most common emotions that can affect the market, this causes in most times to drop in price, the fact of having an active war generates it, but on the other hand, when there are so many economic difficulties New horizons are opening up to use the crypto market much more, which I think will be fundamental for now, so this emergence and this new possible entry of demand into the market can make the crypto markets rise again.


Title: Re: Be comfortable with your strategy!
Post by: TheUltraElite on March 15, 2022, 08:29:52 AM
Indeed, being able to make your own decisions is not easy, especially when trading, but slowly if you practice this ability, it will appear by itself, it is always not good to continue to depend on other people's decisions.
You should never take other people's decisions to be your own. This is a speculative market where one person's loss is another person's gain. Especially the influencers who try to manipulate people, be careful of those. Free or paid sources of signals and all, avoid them all.

Taking decisions is not that difficult, it needs a bit of practice on demo trading papers and then following these up over time.

Every decision will not be correct, you have to understand keep that in mind. While wrong decisions will happen, use them as a learning opportunity.


Title: Re: Be comfortable with your strategy!
Post by: Sebas.tian on March 15, 2022, 02:55:07 PM
Quote
All strategies have drawbacks, of course what we hope for is success in these strategies. assuming for me is something I should avoid, every decision in trading has been analyzed and compared to previous market conditions. meaning all must be researched, because if only assume this will result in losses.

Some strategy has lead investors to embrace losses
from their investment because they never take their time to carry out their personal research before investing or selling their coins in the market.. Those that base on assume strategy in the community, find it difficult to make a good profit from the market because they are still using assume strategy to sell coins from the market . Carry out your personal research, it will give you a full confidence to buy more coins from the market and hold for the price to of the coins to hit higher before they can sell to make a huge amount of money. 


Title: Re: Be comfortable with your strategy!
Post by: Erumo on March 15, 2022, 03:06:21 PM
When I trade, as soon as profit exceeds fees, I prefer to take it and repeat whole procedure. I am ready to do 100 trades to earn 1 dollar, then do 1 trade, get gray and earn same Franklin. I think with such strategy, I generate more trading volume and make traded asset more noticeable. With such help and growing interest or demand, every next profit will be simpler to obtain.


Title: Re: Be comfortable with your strategy!
Post by: passwordnow on March 15, 2022, 07:31:50 PM
it is always not good to continue to depend on other people's decisions.
This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.


Title: Re: Be comfortable with your strategy!
Post by: tbterryboy on March 16, 2022, 06:43:04 AM
You do know that scalping is not an easy strategy to make use of in trading. But that doesn’t mean it’s a non working strategy, it does work if you really know how to make use of it. But as you said it is always best to make use of the strategy you understand and the one that really works for you. But that doesn’t mean you should dismiss other strategies, it wouldn’t be bad to also try to learn other strategies and to apply them and see whether they would work out for you.

But while doing that, make sure that you have truly mastered the one strategy that has been favoring you. The reason why it’s good to also learn about other strategies is so that you wouldn’t have to be relying on just one all the time, you can as well have other strategies to rely on to switch things up when there is a need for it.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 16, 2022, 01:13:13 PM
it is always not good to continue to depend on other people's decisions.
This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.
Yup! it's a must have your own decision rather than to depend things to anyone.

It's your money in the first place that you are using. If you missed out on your opportunities blaming, someone will always
be the first thing that will come into your mind.

Better to take your own journey, so whatever happens to your trade it's all on you. Just use the information to
guide you while you are working in this industry.


Title: Re: Be comfortable with your strategy!
Post by: Emitdama on March 16, 2022, 08:08:50 PM
It is a must. Everyone should have to think about that and aim for a strategy that really effective. Besides, making a good profit is somewhat because our strategies work so well. Making our own strategy(ies) helps us to achieve our goal and it was very satisfying. Being comfortable with our strategy(ies) makes us even more confident that we will succeed.
The good thing about having our own is simply we don't rely on others and this proves that we go far without the help of other people, like standing with our own feet.
The chance is better if you are comfortable with the strategy that you are using.

It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.
A really effective strategy is hard to find, I think you will only die trying to find it. Effective strategy don't come instantly but it should be done in process, that's the only way to know if the strategy is really effective or not. Creating your own strategy is not easy but once you overcome it, you will feel very accomplished.

It's truly a great feeling. It's normal that we are comfortable using our strategy because that is ours and yes being confident is also a must too so that you can think properly and avoid panicking. It's okay to seek help for others but you should only do it once you prove that every strategy you create don't work well.


Title: Re: Be comfortable with your strategy!
Post by: jostorres on March 16, 2022, 09:02:43 PM
It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.
People not caring about their money is one of the most important parts of the current crypto trading world. If they are putting up money that means something, then they should be caring about what they do with it as well.

Unfortunately there are too many people who buy some memecoin because they saw it on twitter and I can not believe that they could be that gullible. I mean what is the point of spending your hard earned money on some memecoin because you saw some twitter community hyping it up? I am not saying that it can't make you money, of course there is a chance of it but it would be a lower chance and higher risk.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 17, 2022, 03:18:13 PM
It's worth to note that you are using your hard earn money and by that you should collect all the information and
combine that by creating your own strategy and trust the process.

Indeed, having your own strategy gives you a good overview of the possibilities to happen along the way, with that
you have all the reason to hold or to sell out.
People not caring about their money is one of the most important parts of the current crypto trading world. If they are putting up money that means something, then they should be caring about what they do with it as well.

Unfortunately there are too many people who buy some memecoin because they saw it on twitter and I can not believe that they could be that gullible. I mean what is the point of spending your hard earned money on some memecoin because you saw some twitter community hyping it up? I am not saying that it can't make you money, of course there is a chance of it but it would be a lower chance and higher risk.
And most of them are willing to take that shot hoping that they will generate good income from that particular hype.

Only to find out that they've been played and after they invest the hypes already over and they will be stuck
and be trapped from the asset that they are holding.

No other choice but to sell it out with huge losses. This kind of scenario is no longer new to this industry
there are many who learn from the hard ways and start to realize that this market is not the easy passage
to earn a lot.


Title: Re: Be comfortable with your strategy!
Post by: fuguebtc on March 17, 2022, 03:34:07 PM
There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.


Title: Re: Be comfortable with your strategy!
Post by: Kasabus on March 17, 2022, 09:16:27 PM
You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.

Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.
There is always a perfect time to trade, and not to trade. So if you see that the market is not suitable to trade, better not to trade because you will only end up losing from it. Sometimes, our instincts can also be helpful in some ways but its always better to always analyze the market first before going to trade.

Mastery is another thing in trading that helps you keep off from making losses. If you have mastered your strategies well, you will be more comfortable to use it which will pave way to maximize your profits and not to lose more often.


Title: Re: Be comfortable with your strategy!
Post by: Mahanton on March 17, 2022, 09:32:07 PM
There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.
There's no such thing about fix trading strategy on which you could repetitively because market is unpredictable and you would be facing lots of situations which would be different
on which you do really need to adjust on something you are engaging in to. Be versatile would be the key because of different situations then you would really be needing
that kind of behavior.Of course you would be needing to be comfortable or does have trust on any analysis you would make because this is something
that would make you sustain.


Title: Re: Be comfortable with your strategy!
Post by: kawetsriyanto on March 17, 2022, 10:50:34 PM
You do know that scalping is not an easy strategy to make use of in trading. But that doesn’t mean it’s a non working strategy, it does work if you really know how to make use of it.
Yep, scalping isn't a simple trading strategy, it requires a specific skill in analyzing charts or price moves. If we still have not enough knowledge in this skill, better to use another trading strategy. For newbies, scalping may not work well but doesn't mean this strategy is worthless. It is just not a proper strategy to use by newbies or beginners, too early for them to use a complicated strategy like scalping.

But that doesn’t mean you should dismiss other strategies, it wouldn’t be bad to also try to learn other strategies and to apply them and see whether they would work out for you.
Agree. Why don't try other strategies? A single strategy may not work forever, we need a new one to make our trading effective. Moreover, the trends in crypto market can change quickly, while a certain strategy may not work in each trend. I usually use a different trading strategy in uptrend and downtrend, there is no single strategy that can be effective in both trends.



Title: Re: Be comfortable with your strategy!
Post by: jossiel on March 17, 2022, 11:59:02 PM
There are so many trading strategies that it is not easy to find the right one. If you have found a trading strategy that works for you, it will not only make you comfortable in trading but also help you to win more in trading. But remember it's all just a tool to help us predict the market and it doesn't always work the way it does in the book, manage your capital and emotions to avoid unfortunate risks.
It is what you only need to do.

Finding the right one that works for you nearly perfect or perfectly. True to it that these strategies are guides on how to become a better trader and there could be changes that can happen along your trading activities.

And before it comes, you just have to make sure that you're good and well prepared on any changes that might come to you. Because a successful trader is adaptable to any change.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 19, 2022, 05:27:03 PM
-Snip-
The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.

I would be glad to spend other people's money to make money for myself, give me millions of dollars, hell give me hundred bucks and I will trade it for you easily, I will probably lose it all, but since it is your money, why would I care? I will just say sorry and move on. Never listen to others, nobody, always make your own trades, and whenever you lose, it is always your fault.
Precisely! People who have this kind of mentality will always find someone to blame.

Instead of working with their own strategy and build a good system to succeed, they are lazy, just blindly following other's
advise, and when they suffer losing their money, they can't get over with it and continue to point a finger at the person they
entrust their decisions. Getting the point that it's your money and not them, you should protect and decide it from your
own understanding and knowledge. Whatever the outcome, it's still you who will take that full responsibility.


Title: Re: Be comfortable with your strategy!
Post by: Rockstarguy on March 19, 2022, 09:03:16 PM
When I trade, as soon as profit exceeds fees, I prefer to take it and repeat whole procedure. I am ready to do 100 trades to earn 1 dollar, then do 1 trade, get gray and earn same Franklin. I think with such strategy, I generate more trading volume and make traded asset more noticeable. With such help and growing interest or demand, every next profit will be simpler to obtain.
Do you know that trading in this manner will consume much of your time making scalping more difficult for you. Although it's a good strategy but I think it's time wasting somehow.  This your strategy is better than making profits and lossing it at the same time. Since you are having consistent profits as the day goes bye, then your strategy is better than others that has high risks to rewards. The goal is to make more profits and you are making it slow and steady which is the best.


Title: Re: Be comfortable with your strategy!
Post by: redsun114 on March 20, 2022, 01:34:56 PM
There isn’t anything like the one accurate strategy that traders can make use of. there are so many strategies in the market and they all works for traders and there are also people that they do not work for. The thing is if you discover a strategy that is working for you it is good to just hold on to that one strategy and master it very well.

You have to put in more effort in getting better on ways that you make use of the strategy and once you have done that then you are good to go. You can then decide to also keep trying out other strategies and also learn from other traders about their own strategies that have been very reliable for them.


Title: Re: Be comfortable with your strategy!
Post by: Webetcoins on March 20, 2022, 03:51:31 PM
Before anyone can arrive at a particular strategy that works perfectly for them, they would have to have tried out several strategies that are being used for trading in the market.

After you might have tried out several strategies and you have seen the one that works the most for you, then you can continue to make use of that one. As time goes on you would continue to master that particular strategy and get even far much better than you are at the start.

It’s good that you have discovered a particular strategy that works for you and you are now applying that strategy whenever you are trading. And it is also good that you have mastered it properly to know the accurate time for you to get into the market.


Title: Re: Be comfortable with your strategy!
Post by: LUCKMCFLY on March 20, 2022, 03:58:11 PM
it is always not good to continue to depend on other people's decisions.
This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.
One of the mistakes I made the most was that, depending on the decisions of others, when I was learning about trading and cryptocurrencies I realized that many of the groups that give signals are only guided by pure technical analysis, it is not for another thing , they do not analyze in another way, this is where I realized that I had the biggest losses of money, and once I stopped following that advice from them and from friends that I thought they knew I began to win, not much, I did not recover never what I lost, it is for this reason that I knew that the best option for this is to read books.


Title: Re: Be comfortable with your strategy!
Post by: kesmex on March 20, 2022, 05:48:09 PM
it must be comfortable, every trader has his own way, cannot be compared to other traders,
because a good strategy is a good strategy for the trader himself, all strategies come from mistakes,
and mistakes are our best teachers, I also experienced it.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 20, 2022, 07:05:08 PM
it is always not good to continue to depend on other people's decisions.
This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.
One of the mistakes I made the most was that, depending on the decisions of others, when I was learning about trading and cryptocurrencies I realized that many of the groups that give signals are only guided by pure technical analysis, it is not for another thing , they do not analyze in another way, this is where I realized that I had the biggest losses of money, and once I stopped following that advice from them and from friends that I thought they knew I began to win, not much, I did not recover never what I lost, it is for this reason that I knew that the best option for this is to read books.


The best option is to expand your knowledge and never to listen to anyone,

The money that in stake is very important for you, you need to always be careful knowing that the amount of money that you are using
is something that came from your hard work.

Listening to anyone simply shows that you are entrusting your capital to somebody's knowledge. If he failed, you will lose together
with him and it's not right when you are into any investment. Your goal is to grow your capital and earn from your investment.


Title: Re: Be comfortable with your strategy!
Post by: LUCKMCFLY on March 20, 2022, 09:50:20 PM
it is always not good to continue to depend on other people's decisions.
This will give you a lot of lessons of not being dependent on others decision. Because you must have your own decision because it's not that good to be reliant on others.
You need to stand on your own ground and make the right decisions and be comfortable with that. I'm not comfortable if someone has to decide for myself. And this is related to money, you don't let others decide on what they're going to do with your money.
Yup! it's a must have your own decision rather than to depend things to anyone.

It's your money in the first place that you are using. If you missed out on your opportunities blaming, someone will always
be the first thing that will come into your mind.

Better to take your own journey, so whatever happens to your trade it's all on you. Just use the information to
guide you while you are working in this industry.
In part, sometimes I understand that many are guided by the advice of others, such as Youtubers, telegram groups, discord, among others, and even more so when they are beginner traders, because there is no prior knowledge of the market and one enters as if doing bets, something like:

"I think it's going to go up", "I think this currency will go down", things like that are common and they are said without any foundation, just because it seems to you, if these things happen like that it's because there is no knowledge and you let yourself be guided by the so-called "experts", then the best thing in these cases is to read, learn to be able to act, there is nothing better than having good arguments to earn money and not lose it.


The best option is to expand your knowledge and never to listen to anyone,

The money that in stake is very important for you, you need to always be careful knowing that the amount of money that you are using
is something that came from your hard work.

Listening to anyone simply shows that you are entrusting your capital to somebody's knowledge. If he failed, you will lose together
with him and it's not right when you are into any investment. Your goal is to grow your capital and earn from your investment.
It's the absolute truth, totally agree.


Title: Re: Be comfortable with your strategy!
Post by: bitgolden on March 21, 2022, 09:40:06 AM
The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.
It doesn’t really work as you have said. Yes, it is good to rely on yourself and as a matter of fact you have to be doing your own research and prove that whatever decision that you want to make is right or wrong. But at the same time, you can as well get information from other people who are into the same field as you. Sometimes you never know when you are wrong, and you might be need someone to show you the areas that you are going wrong so that you would be able to make corrections.

So, it is never bad to also seek for advice or ideas from other people, it can be really helpful sometimes. And at the same time, you should also look into whatever information you get to be sure that it is right or not.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 21, 2022, 10:50:59 AM
The problem with some people is that it is always something else, someone else that is wrong and never them. If you listen to others and make a trade, and lose money that is still your problem. I mean yes he said buy that coin but you were the one who listened to another person on a decision about your own money.
It doesn’t really work as you have said. Yes, it is good to rely on yourself and as a matter of fact you have to be doing your own research and prove that whatever decision that you want to make is right or wrong. But at the same time, you can as well get information from other people who are into the same field as you. Sometimes you never know when you are wrong, and you might be need someone to show you the areas that you are going wrong so that you would be able to make corrections.

So, it is never bad to also seek for advice or ideas from other people, it can be really helpful sometimes. And at the same time, you should also look into whatever information you get to be sure that it is right or not.

Absolutely right, that's the purpose of doing your own research and study.

Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.


Title: Re: Be comfortable with your strategy!
Post by: Falconer on March 21, 2022, 03:50:26 PM
Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.
Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.


Title: Re: Be comfortable with your strategy!
Post by: darewaller on March 21, 2022, 04:26:35 PM
Unfortunately there are too many people who buy some memecoin because they saw it on twitter and I can not believe that they could be that gullible. I mean what is the point of spending your hard earned money on some memecoin because you saw some twitter community hyping it up? I am not saying that it can't make you money, of course there is a chance of it but it would be a lower chance and higher risk.
It's not that people do not care about their money. The thing is that most of these investors don’t really know much about how to invest in the market or what coin to choose. So, sometimes they really just go straight and invest in any kind that they feel is good.

But, as they continue to have more experience in the market it widens their knowledge and they also get to know the things that they are meant to do and what they are not meant to do. The losses that they might encounter due to their wrong decisions is part of the experience that they would have. it is what makes them better, but it comes with the cost of losing their money in the market.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 21, 2022, 07:29:41 PM
Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.
Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.
And that's what I'm pointing as well. We might read or watch experienced traders to succeed using his own strategy,

But once we tried using it from our trading we suffer from failure, even we imitate and completely
follow all the patterns, the outcome is not the same.

We should learn and keep learning, just like what you have said, personal experienced is the best guide for your
future success from this line of business.


Title: Re: Be comfortable with your strategy!
Post by: dunfida on March 21, 2022, 07:50:30 PM
Finding good ideas coming from people who are already inside the field and already have a working system to continue doing
better from the business. Though it's not all are being shared, they are just providing guides which is enough to be used
when you are trying to create your own method. Strategy that you can enhance from your own trading experienced.
Sometimes it's also quite helpful, but it can also not be what we expect. Our own trading experience should be one of the best knowledge to hone skills in trading and usually the strategies used consistently will pay off sooner or later.

DCA and buy in dip are two recommended trading or investment strategies. Apart from that, there is also diversification which allows traders to choose more of their potential trading assets and it all depends on what strategy suits them. There are times when a strategy works well for other traders, but does not mean the same when we apply it so it is not the main option to consider.
And that's what I'm pointing as well. We might read or watch experienced traders to succeed using his own strategy,

But once we tried using it from our trading we suffer from failure, even we imitate and completely
follow all the patterns, the outcome is not the same.

We should learn and keep learning, just like what you have said, personal experienced is the best guide for your
future success from this line of business.
Dont imitate or trying out to copy a certain trader 100% because if he's that profitable and you do tend to copy on every step that he would make then you cant guarantee success because of some factors

but somehow you could snip out some knowledge and some steps which might be helpful on your own analysis and this is  what im doing.Dont mimic or imitate and would be better if you do try yourself to improve

via means on getting some ideas and analysis from other traders which do make out some trading.All the thing you do need is to sustain out.


Title: Re: Be comfortable with your strategy!
Post by: tygeade on March 22, 2022, 01:01:21 PM
It's not that people do not care about their money. The thing is that most of these investors don’t really know much about how to invest in the market or what coin to choose. So, sometimes they really just go straight and invest in any kind that they feel is good.

But, as they continue to have more experience in the market it widens their knowledge and they also get to know the things that they are meant to do and what they are not meant to do. The losses that they might encounter due to their wrong decisions is part of the experience that they would have. it is what makes them better, but it comes with the cost of losing their money in the market.
That "gut feeling" investors are dime a dozen everywhere. They do not make proper research, they do not know how to trade, no idea about indicators, can't read a chart and all they do is buy something because of a gut feeling or they just saw something that made sense to them. In the end, they end up with a loss most of the time unless we are in a huge hyped bull run, and they never really learn how to change that.

If you want to be a trader, you just have to accept the fact that you need to learn all of these things and use them to make a profit. If you do not learn and use them then you can't make a profit neither and will lose money.


Title: Re: Be comfortable with your strategy!
Post by: panukurap on March 22, 2022, 02:13:12 PM
True, I agree with you. The right strategy is necessary especially by looking at current market conditions, but you also have to think about whether the strategy is comfortable or easy for you to implement. It's useless if you choose a strategy that is right on target with the market, but in in the middle of the road you have your own difficulties such as confusion and others. Therefore, be careful in making decisions, you are indeed required to determine things quickly and precisely in cryptocurrencies but still have to be done carefully.


Title: Re: Be comfortable with your strategy!
Post by: Benefactor on March 23, 2022, 05:16:46 AM
To that end we don't begrudge others for finding true success in their exchanging transporter as we as a whole have an alternate excursion throughout everyday life, perhaps this isn't so much for us. It would have taken a long-term for you to have done that since it includes a ton of training and that is tedious however just energy will give you the strength. This is excellent for you to have found what is working for your exchange.


Title: Re: Be comfortable with your strategy!
Post by: Vaculin on March 23, 2022, 05:34:17 PM
In any strategy where you're making money and becoming stable, you should grow there and stay. It's true that not all strategy works for everybody. Strategy for those who are solid in TA won't work for those who do FA. It's always the other way around and whichever makes you better and you're improving there, you should accomplish it until you find yourself no longer effective with that strategy. Whilst for the rest that are not really into trading, HODL is the best strategy and the most comfortable to do.
Having a lot of trading strategies to use do not guarantee success. In fact, even a single strategy or two will already make you successful as long as you have mastered them through your experiences in trading. However, mastery is not enough. Strategies should also suit yourself. As long as you feel comfortable every time you use it, it will also add more chances to make your trades succeed. But strategies do not last long. The market is in a constant change, strategies too need to be more upgraded or change it when you think its not working anymore.


Title: Re: Be comfortable with your strategy!
Post by: sulendra12 on March 23, 2022, 06:44:51 PM
True, other people strategies could not fit your style and may not work for you, same for the others. Once you have tried different strategies from different sources and try to choose which one suits the best for you and stick to it for long time, maybe you will get something from it. Different strategies could require you to thinking different stuff and you might not the best one for that.

The strategy that we use in trading is of course a strategy that is comfortable and also profitable so that we can do it well.
No one ones to lose with their strategies mate.


Title: Re: Be comfortable with your strategy!
Post by: stomachgrowls on March 23, 2022, 08:11:53 PM
In any strategy where you're making money and becoming stable, you should grow there and stay. It's true that not all strategy works for everybody. Strategy for those who are solid in TA won't work for those who do FA. It's always the other way around and whichever makes you better and you're improving there, you should accomplish it until you find yourself no longer effective with that strategy. Whilst for the rest that are not really into trading, HODL is the best strategy and the most comfortable to do.
Having a lot of trading strategies to use do not guarantee success. In fact, even a single strategy or two will already make you successful as long as you have mastered them through your experiences in trading. However, mastery is not enough. Strategies should also suit yourself. As long as you feel comfortable every time you use it, it will also add more chances to make your trades succeed. But strategies do not last long. The market is in a constant change, strategies too need to be more upgraded or change it when you think its not working anymore.
Versatility would be the key on which you could really make yourself adjust on particular situations or conditions on which you could really change your strategy basing up on the current condition you

are facing which is truly a behavior of a trader which do really able to handle up situations specially on trading.It might not be simply but it should really be done if you do like to sustain this market.

You should trust your strategy even though dont expect 100% for it to be precise and profitable because market is unpredictable and total random.


Title: Re: Be comfortable with your strategy!
Post by: TheGreatPython on March 24, 2022, 09:09:56 AM
other people strategies could not fit your style and may not work for you, same for the others. Once you have tried different strategies from different sources and try to choose which one suits the best for you and stick to it for long time, maybe you will get something from it. Different strategies could require you to thinking different stuff and you might not the best one for that.
Yeah, most people are failing because they are always looking at the strategies that other people are using, not knowing that same thing that is working for someone else in the market might not work for you if you should apply the same strategy. So, it is always good to make sure that we learn our own strategy and work on it to the extent that we become experts in it and be able to apply that strategy in every situation and make it work for us.

Although for some people before they would be able to get a really good strategy that works for them, they would have to try out as much as possible and look into most of the strategies that are available to be able to make their decision on which one works perfectly for them.


Title: Re: Be comfortable with your strategy!
Post by: Sebas.tian on March 24, 2022, 01:30:48 PM
Quote
The most important thing when we trade is always learning and keeps knowing new things with techniques and strategies, when we have found a suitable technique so the next thing is always optimistic that when trading will be profit, before trading then the first thing is to determine the profit target Want to achieve, if the target has been reached, then immediately take action and never greedy to continue hold.

Applying the techniques and strategies you have acquired from the community, it will help you to embrace more profit from the market. Now that the price of coins has increased higher few minutes ago,it will be favourable to start trading your coins to be part of those traders that will achieve good profit from their market. We are almost out from bear market because bitcoin price has started pumping which other coins will start pumping too for investors to start making profits from their long term investment. Don't miss this opportunity that is about to happen in crypto market for investors to earn well from their investment in the community.



Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 24, 2022, 06:09:07 PM
The most important thing when we trade is always learning and keeps knowing new things with techniques and strategies, when we have found a suitable technique so the next thing is always optimistic that when trading will be profit, before trading then the first thing is to determine the profit target Want to achieve, if the target has been reached, then immediately take action and never greedy to continue hold.

I value your statement and there's no doubt that the main thing is to keep learning techniques that will help you achieved your goals.

Trading is more on fundamentals that traders itself can generate a good strategy to work
inside the market, there's no accurate but more in anticipations.

If you have a working one, it's best not just to stick your knowledge but to try to keep
aiming for the best result.

And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.


Title: Re: Be comfortable with your strategy!
Post by: skarais on March 24, 2022, 06:16:55 PM
And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.
The most difficult thing in investing is how to convince yourself not to sell anything when the increase has reached 50% of the capital. For me the 50% increase is a good time to secure profits if the profit target is in the short term, but the hesitation will be greater when in the long term the increase has exceeded 100% of the capital.

It is true that greed should be avoided from trading and investing, but when we have bigger targets in the long term then expecting 5x - 10x profit is reasonable and I think it's not greed.


Title: Re: Be comfortable with your strategy!
Post by: dunfida on March 24, 2022, 07:33:32 PM
And like what you have said, once you already achieved your set target, better to take
the right action and never to follow greed it will lead you to lose your investment.
The most difficult thing in investing is how to convince yourself not to sell anything when the increase has reached 50% of the capital. For me the 50% increase is a good time to secure profits if the profit target is in the short term, but the hesitation will be greater when in the long term the increase has exceeded 100% of the capital.

It is true that greed should be avoided from trading and investing, but when we have bigger targets in the long term then expecting 5x - 10x profit is reasonable and I think it's not greed.
Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.


Title: Re: Be comfortable with your strategy!
Post by: JunkieMiner on March 24, 2022, 08:12:46 PM
I think that as a certain stage strategy can help you in trading but the luck also depends in most of the time, because we can't say anything about trading that what will be done in the future and which coin can be easily going on our own thoughts, so it would rather consider the strategy most of the time in order to get experienced in trading. The perfect the strategy of trading, the less will be the loss I think.


Title: Re: Be comfortable with your strategy!
Post by: blackened515 on March 24, 2022, 11:11:25 PM
I don't know why most traders probably thinks having many strategies will result to them making nice profits from daily trading. However, I have come to realized that it's not necessary having too many strategies.  You just have to build a strategy which work for you and stick to it. Although, that doesn't guarantee that you won't lose. But, having a good strategy will minimize lost. Also, avoid been too emotional, as a trader, you must learn how to control your feelings.


Title: Re: Be comfortable with your strategy!
Post by: skarais on March 25, 2022, 03:59:44 AM
Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.
Sure mate, today's profit is nothing to regret tomorrow when prices go up and we don't have to think too much about it. This is an unthinkable consequence today because decisions are made consciously.

In fact we will never know what will happen next because of the continuous price volatility. Finally I think we all have different targets in investing and of course we have to be comfortable with that strategy.


Title: Re: Be comfortable with your strategy!
Post by: CapGelatik on March 25, 2022, 04:30:22 AM
Profit is profit and this you should be having on mind and wont really be having any regrets on the time you do see that the price had risen up even more.It is really a very normal human being kind of reaction because

we dont like to miss out everything thats why we are really having some hindrance whenever we do see a particular rise or increase in our portfolio.Be comfortable with your strategy and be comfortable on

decisions that you would potentially made on a particular situation and never look back so that you wont really make out some regrets.
Sure mate, today's profit is nothing to regret tomorrow when prices go up and we don't have to think too much about it. This is an unthinkable consequence today because decisions are made consciously.

In fact we will never know what will happen next because of the continuous price volatility. Finally I think we all have different targets in investing and of course we have to be comfortable with that strategy.
That's true and regretting it with what has happened will only make us continue to be annoyed,
indeed when we have made a decision whether we like it or not we have to be the consequence or be responsible,
Everyone's target is definitely different, so is everyone's strategy


Title: Re: Be comfortable with your strategy!
Post by: AicecreaME on March 25, 2022, 12:16:08 PM
I don't know why most traders probably thinks having many strategies will result to them making nice profits from daily trading. However, I have come to realized that it's not necessary having too many strategies.  You just have to build a strategy which work for you and stick to it. Although, that doesn't guarantee that you won't lose. But, having a good strategy will minimize lost. Also, avoid been too emotional, as a trader, you must learn how to control your feelings.

I agree.

Having only few strategies make things easier, because you won't be confused on what to use next after you lose a trade. Trading is a very risky and confusing way of making money, but always worth the risk. Using too many strategies after losing a trade is a waste of time, in my opinion, because losing just one trade doesn't really mean that your strategy is not working, losing in trading is just normal.


Title: Re: Be comfortable with your strategy!
Post by: Pamadar on March 25, 2022, 02:59:01 PM
I don't know why most traders probably thinks having many strategies will result to them making nice profits from daily trading. However, I have come to realized that it's not necessary having too many strategies.  You just have to build a strategy which work for you and stick to it. Although, that doesn't guarantee that you won't lose. But, having a good strategy will minimize lost. Also, avoid been too emotional, as a trader, you must learn how to control your feelings.

I agree.

Having only few strategies make things easier, because you won't be confused on what to use next after you lose a trade. Trading is a very risky and confusing way of making money, but always worth the risk. Using too many strategies after losing a trade is a waste of time, in my opinion, because losing just one trade doesn't really mean that your strategy is not working, losing in trading is just normal.

You won't be confused and all you need to do is to keep enhancing your strategy from time to time.

There's no accurate one that will keep you generating profits, as trading is
the venue where people always haunt the opportunities to earn a decent amount of money.

With your own system, you have that equal opportunities to take some slice if you manage
to pick the right asset to hold and in then sell everything in the right timing.


Title: Re: Be comfortable with your strategy!
Post by: nurilham on March 25, 2022, 11:06:05 PM
That's right, trading is not about using as many strategies as possible and then combining them into one, but choosing trading that is comfortable, safe, and according to your needs. To choose the right trade we also have to think about several aspects such as the trading period and trading goals so that we can determine and choose which strategy is comfortable and suitable to do. only then do we do it carefully and thoroughly. if we choose many trading strategies and do it with a different strategy every time we trade then it will only make us confused and unfocused. therefore it is true that it is said that choose a suitable trading strategy and then be comfortable with the chosen strategy.


Title: Re: Be comfortable with your strategy!
Post by: Kimonoe on March 26, 2022, 03:45:22 AM
everyone may have a different strategy in running a trade. this is in accordance with their respective views which they think are comfortable for them. for example, currently there are 2 traders who open short positions and the other buys, neither of them can be blamed, maybe the first trader enters the market with the aim of short-term trading, and the other sees a larger time frame. In the end, both of them got all the profit. that's a strategy where each person's comfort is different


Title: Re: Be comfortable with your strategy!
Post by: Pejoh Asu on March 26, 2022, 09:46:29 AM
Strategy only as a supporter for us to trade, in my opinion the main factor that most reassure of profit or loss is patience, if we buy coins that have strong foundations, the most important thing is the next thing is always waiting for when to sell and this makes me often get big profit though Opportunities to lose everything is same.


Title: Re: Be comfortable with your strategy!
Post by: rojan on March 26, 2022, 03:15:18 PM
All strategies have drawbacks, of course what we hope for is success in these strategies. assuming for me is something I should avoid, every decision in trading has been analyzed and compared to previous market conditions. meaning all must be researched, because if only assume this will result in losses.
From here, things get trickier, and this is where the true meaning of burning up of bad psychic imprints comes into play.  If you have to date with risk, you can make a profit here. It can be seen again. In case of rating, we need to have the skills and knowledge to not exceed it. I think you need to know some good currencies to trade.


Title: Re: Be comfortable with your strategy!
Post by: BobK71 on March 26, 2022, 05:57:54 PM
I think every crypto trader follow some strategies. However, it is true that strategy is not always work according to expectation, again it often brings big profits. But personally I would say that it would not be right to follow too much strategies. First you need to logically choose which strategy you want to follow. Then you can apply it if you get a positive result by analyzing it. One of my favorite strategies is to always have some assets ready so that I can purchase something at any time.


Title: Re: Be comfortable with your strategy!
Post by: Smartvirus on March 26, 2022, 06:15:33 PM
Trading successfully is often about strategies and the truth is, what works for a particular trader is sure not to work for another because, applications could always be different. Also, its very much difficult to be comfortable with a particular strategy as times do change and so do the market too. What works at a particular period is likely not to work in another and that is a challenge that calls for the development of a new strategy to build your comfort about.

I like what OP has done and that is, accurate documentation on every success. Every trader needs some form of a diary to keep records of when certain patterns happens in the market. OP might have used pictures and that too works just fine because, yiu can reference it for further studies and understanding of your strategies.


Title: Re: Be comfortable with your strategy!
Post by: gamer4156 on March 27, 2022, 07:00:14 AM
It would have taken a long-lasting for you to have done that since it includes a ton of training and that is tedious however just energy will give you the strength. That is vital on the grounds that when our techniques won't work in second endeavor, it is smarter to observe another that it appears have an impact in creating gain in exchanging.


Title: Re: Be comfortable with your strategy!
Post by: Woodie on March 27, 2022, 08:58:49 AM
If the strategy isn't bringing in any profits then I would change it immediately or tweak it to raise my chances of success otherwise if it's a profitable strategy then I agree with the OP that there is no need to change it. Like they say, if it ain't broke then don't fix it,  but then again to find a strategyyou will be comfortable with takes alot of time and money  ::)!


Title: Re: Be comfortable with your strategy!
Post by: MinMan on March 27, 2022, 11:16:08 AM
Learning how to build a strategy, a really good one, is the key to success. People think that they could find a readymade strategy and apply that to themselves and get rich that way. Even though it is known that sometimes that worked, that is usually a bull run period where you can make money that way.

However, if you learn how those strategies were made, then you could make one for yourself that fits you a lot better. Never learn which coin to trade, which strategy, which method, which indicator because those won't help you, learn WHY those ones and you will see the behind the curtain and you could do a lot better in the long run.


Title: Re: Be comfortable with your strategy!
Post by: Farma on March 27, 2022, 01:48:55 PM
If the strategy isn't bringing in any profits then I would change it immediately or tweak it to raise my chances of success otherwise if it's a profitable strategy then I agree with the OP that there is no need to change it. Like they say, if it ain't broke then don't fix it,  but then again to find a strategyyou will be comfortable with takes alot of time and money  ::)!
well, that can also be done. however, if you still lose when using a strategy, then there is something that needs to be improved in your strategy. Well, it's not always someone's strategy that will continue to work in the crypto world. therefore, he needs to do the latest development. doing different research, and speculation to find new developments that fit his strategy. To be honest, so far I have seen that Arbitrage is very profitable for traders. however, it didn't suit me, and I wasn't comfortable with the technique. although there are many shortcomings in the strategy that I made, however, I can find a way to fix these deficiencies immediately. Well, in this we are different. however, if we lose in the strategy we have, then it needs to be developed or replaced with a new, more efficient strategy.


Title: Re: Be comfortable with your strategy!
Post by: shawon01 on March 27, 2022, 02:58:02 PM
Unfortunately there are too many people who buy some memecoin because they saw it on twitter and I can not believe that they could be that gullible. I mean what is the point of spending your hard earned money on some memecoin because you saw some twitter community hyping it up? I am not saying that it can't make you money, of course there is a chance of it but it would be a lower chance and higher risk.
It's not that people do not care about their money. The thing is that most of these investors don’t really know much about how to invest in the market or what coin to choose. So, sometimes they really just go straight and invest in any kind that they feel is good.

But, as they continue to have more experience in the market it widens their knowledge and they also get to know the things that they are meant to do and what they are not meant to do. The losses that they might encounter due to their wrong decisions is part of the experience that they would have. it is what makes them better, but it comes with the cost of losing their money in the market.
There are many downsides for you if you make a wrong decision from here. You should at least evaluate the ATN from here so that you do not fall into the trap of future locks from here and make the right decision.  If you can't make a profit, you will have to reduce your risk.


Title: Re: Be comfortable with your strategy!
Post by: stepwilli on March 27, 2022, 03:45:36 PM
Strategy only as a supporter for us to trade, in my opinion the main factor that most reassure of profit or loss is patience, if we buy coins that have strong foundations, the most important thing is the next thing is always waiting for when to sell and this makes me often get big profit though Opportunities to lose everything is same.
It is useless to have a strategy but if the person is lazy to do a trade or if he don't have a capital so yeah strategy is not the primary thing but the primary thing to become successful in trading starts with our selves. Trading is different from investing so patience can play a less role here but in trading you need to act quick so that you can accumulate more profits.

Coins that have a solid foundation are both good for short term and long term but the coins that have a weak foundation, they mostly boom at the start and then no more in the future or they can start weak but became stronger later on. You need to have a good sense to figured that out.


Title: Re: Be comfortable with y our strategy!
Post by: clarkt on March 27, 2022, 03:56:27 PM
Strategy is a plan of actions needed towards achieving your  goals and objectives in cryptocurrency market!  And when it comes to cryptocurrency, your strategy could be a moving target as there are many factors both fundermental and technical that could derail your plan. One must therefore caliberate and improve on one's strategy in different market condition!


Title: Re: Be comfortable with y our strategy!
Post by: Pamadar on March 27, 2022, 07:18:08 PM
Strategy is a plan of actions needed towards achieving your  goals and objectives in cryptocurrency market!  And when it comes to cryptocurrency, your strategy could be a moving target as there are many factors both fundermental and technical that could derail your plan. One must therefore caliberate and improve on one's strategy in different market condition!

Indeed, you need to adjust and keep improving, be comfortable with how you understand the flows.

The market is unstable. Maybe your strategy may work at one point, then it won't in the other one, it's always best to do your
adjustment while you keep chasing your position.

Decision making always needs to be influenced by facts, the knowledge of the market and the experienced that you already
gained while doing this business.


Title: Re: Be comfortable with your strategy!
Post by: Munir575 on March 27, 2022, 11:36:19 PM
There is always a pattern that suits everybody better, its just a matter of discovering the one that works out for you and sometimes that same strategy will fail, that's trading to us all and nothing is ever certain in trading so all we can do is keep improving and learning from different market situation.


Title: Re: Be comfortable with y our strategy!
Post by: Sebas.tian on March 28, 2022, 04:42:46 AM
Quote
Strategy is a plan of actions needed towards achieving your  goals and objectives in cryptocurrency market!  And when it comes to cryptocurrency, your strategy could be a moving target as there are many factors both fundermental and technical that could derail your plan. One must therefore caliberate and improve on one's strategy in different market condition!

Yes, as a good trader you need to apply strategy that will help you to achieve all you need in crypto market. Applying different strategies and technical which will really lead you to were you can acquire a huge amount of profits from your crypto market. Now that the crypto market is looking good for traders to start carry out their strategies to know if the price of coins will increase higher through out of this month of March or it will decrease more before the end of this month of March in. Those potential traders in the market always introduce a new strategy to their trading which is very difficult for them to experience any challenges in the crypto market because they always follow the rules and regulations that guided their strategies in the community.


Title: Re: Be comfortable with your strategy!
Post by: monineklutak on March 28, 2022, 04:56:24 AM
There is always a pattern that suits everybody better, its just a matter of discovering the one that works out for you and sometimes that same strategy will fail, that's trading to us all and nothing is ever certain in trading so all we can do is keep improving and learning from different market situation.
Every trader has his own patterns and strategies and to find a suitable one is not an easy thing,
all of that takes a process and the more we have experience it will help us find a strategy that suits us,
the most important thing is to keep learning and don't be bored


Title: Re: Be comfortable with your strategy!
Post by: Prosector on March 28, 2022, 05:44:40 AM
Being comfortable with your trading strategy is important because in the long run your knowledge of analysis will decide your success as a forex trader. Strategies are not perfect.But you have to keep trying different strategies so that you can trade in different market situations.


Title: Re: Be comfortable with your strategy!
Post by: Tahsin Kabir Kollol on March 28, 2022, 03:21:25 PM
In the case of trading, not everyone has the same idea and market pattern in market analysis. Everyone has a different idea about the market so in the same market situation one person thinks of buying the market at the same time the other person sees the selling signs in that situation. We are too one-of-a-kind when it comes to selection making and this can in no way be copied with the aid of everyone. That is why we don't envy others for being a success in their buying and selling carrier as we all have an exceptional adventure in existence, perhaps this is not for us. But if we are intended in right here, it changed into excellent to make our received approach and help it to improve extra in preference to asking different techniques.