What is your trading style?

[ShannonGarcia99]

I often do a lot of day trading, and the profit target is 1% -3%. I want to create more day trading to accumulate small profits.

[1714829423]

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[1714829423]

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[AnnaJames12]

I often do a lot of day trading, and the profit target is 1% -3%. I want to create more day trading to accumulate small profits.

I choose a long-term investment, so it will not take too much time each day like you. But that is also a good way to make a profit with your daily efforts. Good luck!

[JessicaHart8]

After a period of execution of trading. I notice things like:
- If you have less capital, you should choose the rubbish to trade, not trade BTC little words. When you have more than one BTC, Trade BTC.
- For high priced currencies like ETH, DASH, XMR, it will usually follow the BTC.
- Contamination will definitely be influenced by Bitcoin, so when the BTC decreases, the garbage will go up and vice versa.
- One of my biggest experiences is "do the real thing" to lose money to new fool, you just try to lose $ 1000 as you will see that much.

[Wind_FURY]

OP, do not make it more complicated than it is. You say you are a "trend reversal" trader that uses 5x leverage. That would be one of the fastest ways to lose your Bitcoins. "Trend reversals" are hard to predict and easy to get wrong, and you multiply your mistakes by using 5x leverage.

[Coin-1]

Up until now, I have been trying to be a trend reversal trader.   I mostly try and use RSI divergence on various timeframes (however prefer 4h), as well as using the MACD and the histogram as complimentary tools.

I've tried to use RSI divergence in combination with other trading indicators, but with little success. When you learn how divergence works, the lessons usually show you examples in hindsight. When you try to apply this knowledge in practice, it's not so easy to identify these signals on a "live" chart. As someone already mentioned in the discussion above, these trading indicators don't really work so well in the crypto markets. They originate from Forex trading, which is a much more regulated domain, without huge pump and dump events. At the end of the day, for me at least, it all comes down to instinct, trying to buy cheap and sell when the price is up.

It's correct. The technical analysis is almost useless to predict the price of crypto currency, because the "whales" try to manipulate the markets anytime. Sometimes I use the arbitrage platforms, but currently such MVPs are competing to each other, so the entire arbitrage market is being segmented and, as a result, these platforms are not so profitable as before. I heard that some projects, which develop a trading bots, started to use an artificial intellect to predict the prices of coins. I guess this is a promising direction of a trading movement.

[Aris novianto]

I do not have a trading style, but I have a very good way of trading, a good way of trading in my opinion by buying coins that are decreasing in price and then selling at a high price, that's how I trade.

[Airbuxf]

I lways wait for the price to come to me, never buy at all time highs. If I'm very bullish on a project, I hold the coins/tokens for as long as I'm not satisfied with the selling price. I'm a HODL type of trader.

[boyshx]

I am holder so whenever it comes to the trade then most of my trades will end up having long term hodling essence in it. 
I have observed that I can profit very less in the day trade and swing trades although they are proven methods for many people around the forum. I guess day trades is the worst as it is very hard to achieve what it takes to gain the profits from this kind of shortest trade. Swing on the other hand is getting bad because now a days crypto currencies are volatile but they are not going and down but they are going only down. So its best to HODL and wait for the right opportunity.

[Elizabeth4Mitchell]

I usually use the Intraday style: This method of typing and commanding the day or the very next day, if you are qualified to grasp the good technique to enter the command and command then you can completely maximize profits by this method. But do not encourage the greedy professionals to hit the X2, X3 raffle, risky!

[Malamok101]

There are so many ways to make money in trading because it also depends on the market and it's also scary to invest bitcoin when you lose all bitcoin prices I think the best way to trade you is to use margin trading.

[millensharon8]

With just MA, MACD and RSI indicator, I have my solid strategy set up. Usually, I am a fan of swing trading and I trade the 4hr chart mostly while using the lower time frame to take a look at price action in some point, with the chances of a pull back to make faster decisions.

My set up mostly though is that, using the MA20 and 50, I buy a market when the candle closes above those 2 moving averages with a stop loss below the 2 moving averages. Also, I sell when the price closes below the 2 moving averages, which indicates the possibility of a pull back, with a stop loss above them as well.

Nevertheless, this set up is never complete without using MACD and RSI to check the conditions of the market if it actually favors the decision. One thing is you will have some little loss but they are minimal, compared to the profit you end up making in the long run from this set up. Trade this without any form of emotions while sticking to it, and you will be surprised at how it makes sense.

The thing though with people is that they tend to try different strategies and they end up messing things up. Have a particular strategy, trade it for a while to see if it pleases you and then gain confidence as time goes on in your decision which is normal once you start seeing your folio growing but most newbies just keep wanting to try it all at the same time.

[anume123]

There are many styles to make money in trading and there are many ways to beat trading because you can not avoid losing when you lose your income.

[farosa]

I give priority to more short-term trading. It is much more comfortable and profitable for me. What you are going to do is just to investigate about any coin and know that new news will come.
Margin trading is also good, but TA has mistaken me once and that caused to lose a lot of money.

[Gembul0705]

My style trading is day to day trader and my strategies is use MACD and stochastic RSI and some times with help some group signal. And now with this situasion I still waiting for enter the market..because it still like to down again

[Indrawan77]

If you already trade for a yera then you should got a lot of experience and knowledge, there are many strategy in trading you can do day trade, short term trade, scalping or arbitrage, but the key of the success in trading is your knowledge, skill and experience, when you already know how read trading indicators it will be easier for you to see which direction the coin will go, I usually used RSI and MACD indicator, and before I trade, I also check the buy and sell order, sometimes checking the price from other exchanges can help you to decide what you should do

[seramania]

It would be interesting to know what your trading methods and style are?   and how successful your strategy is?

I have been trading for less than a year.  At the momement I mostly like to trade BTC and ETH due to the 5* leverage on Kraken.


Up until now, I have been trying to be a trend reversal trader.   I mostly try and use RSI divergence on various timeframes (however prefer 4h), as well as using the MACD and the histogram as complimentary tools.


I also use EMA 12/26 (cradle zone , area between the two EMA's) as support and resistence, as price action frequently bounces of these averages.

my trading style is still as usual and simple, that is buying low and selling high. this is very easy because we don't need a high skill and maybe just based on an analysis. so I think it's enough to give traders a profit.

[Yunbalo]

It is patience to hold, in the market today, holding is always the key to your success. I always choose transactions in the long run

[Panunggalan]

my trading material or the way I make trading is very easy to learn, usually I trade by buying coins at a cheap price and selling these coins at a very high price, that's how I trade in the trading market.

[Putunembah]

yes, whatever our style and strategy in trading is up to and how we can as much as possible to be able to trade and get profits, and seeing that buying and selling orders can also help us to be able to decide whether to buy or sell, and so we can compare prices on other exchanges.

[St4yInTh3D4rk]

My style of trading is just buy some good performing altcoins in the valuation and hold it for a while to make some reaps then will sell for some profits,many of the traders were doing like this as well just like gambling.