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Author Topic: Trading strategy for beginners  (Read 280 times)
hasmukh_rawal (OP)
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September 21, 2017, 07:45:48 PM
Last edit: September 22, 2017, 02:19:17 AM by hasmukh_rawal
 #1

Hi friends  Smiley I mostly trade Only bitcoin with this trading strategy, because Bitcoin has high volatility than other coins and if you want you can also use this system on ETH too.
Guidelines,Rules and Indicators for this strategy:

-> This strategy is a simple and trend following system that any newbie can apply it, but before that believe in this system .Don't blindly start trading this strategy, First Practise it completely and then trade with it. You can use it for trading products like stocks,commodities also other than BTC and ETH. You can use this system for day trading,short term trading,positional or investment also.The stop loss,Target and exits can be adjusted according to one needs and mindset, but entry point cannot be changed. Note that this system will give you trade entries only if there is a strong trend otherwise not, by this way you are already cutting down bad trades.

INDICATORS USED: Candlestick chart , 5 SMA (simple moving average on closing basis), 13 SMA (simple moving average on high basis),13 SMA ( simple moving average on low basis)

Buy Signal Entry: Buy above the candle high(Entry candle) on which the 5 SMA( closing basis) crosses the 13 SMA( high basis),
                        with stop loss on the price of 13 SMA (low basis) target will be atleast  double of our risk.
Sell Signal Entry      : Sell below the candle Low(Entry candle) on which the 5 SMA (closing Basis) crosses the 13 SMA ( low basis),
                        with stop loss on the price on 13 SMA (high basis) and target will be double of our risk.

i will post the charts links below, that will explain you the system in pictorial representations.
Buying example: http://prntscr.com/go1ydu
short sell example: http://prntscr.com/go1uf7

Just practise and see the power of this simple trading system. This is my first  topic which i have posted here, if for any reasons this topic doesn't Fits here, then remove and paste it where it really suits it.

BitcoinBallerina
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September 23, 2017, 01:03:19 PM
 #2

Trading strategy for bitcoins is to buy and hold, buy and hold. It is a long term commitment and it's supply is limited and not that many people have joined on the network yet.

goldade
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September 23, 2017, 01:11:30 PM
 #3

The only strategy for a beginner is not short of learning learning and continued learning. And after that, a demo account is what is next to understand and feel how the real one will be hibtc.com will help in that. After the phase has been completed, what next is to delve into the show by doing relevant analysis and be ready to take decisions objectively whether the price will further increase of further go down.

shintosai
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September 23, 2017, 01:30:51 PM
 #4

Trading strategy for bitcoins is to buy and hold, buy and hold. It is a long term commitment and it's supply is limited and not that many people have joined on the network yet.
which is very correct mate, if you are intending to earn a lot from bitcoin investment better to play that way, buy and buy then wait for some years
before you sell it out, if you are really looking for financial stability in the end of the road bitcoin will fulfill that for you.

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September 23, 2017, 01:48:04 PM
 #5

Everybody have their own strategy and nobody can tell them the best one but instead the trader itself creating their own strategy,
no matter who you are,Begginners,intermediets and experts.
only the trader themself can understand how they gonna do the trade.
it is because whenever you try to do the trade you need money to do it,
and everybody have their own financial and have different start up when we start the trade.
other than that we have a different expense and another thing that we need to pay in our real life.
but it is oke for you to read something like this to increase your knowledge in the trading,but never trust other people because the traders themself that understand how to do the trade and what is the best one for themself.

you need to feel it,and keep trying even though you are lossing it,

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