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Author Topic: 2% trading strategy, can this be applied for crypto trading?  (Read 319 times)
flying_bit
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September 25, 2018, 04:00:33 AM
Merited by DarkBullet (1)
 #1

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?

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September 25, 2018, 05:50:19 AM
Merited by dbshck (1)
 #2

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital.  

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?

the 2% rule means you don't risk more than 2% of your account on any one trade. if you have $100k, you don't risk more than $2k at a time. it's definitely applicable to crypto. it's a basic risk management strategy that hedges against variance.

even if your trading system is profitable, you could have a run of bad trades. if you trade 20% of your account at a time, you could blow up your account and lose your shirt after only a handful of trades. the 2% rule allows you to survive an unlucky run, and live to trade another day.

the opposite approach is the "all in on every trade" method that's so popular with crypto traders. Smiley

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September 25, 2018, 07:10:22 AM
 #3


the 2% rule means you don't risk more than 2% of your account on any one trade. if you have $100k, you don't risk more than $2k at a time. it's definitely applicable to crypto. it's a basic risk management strategy that hedges against variance.

even if your trading system is profitable, you could have a run of bad trades. if you trade 20% of your account at a time, you could blow up your account and lose your shirt after only a handful of trades. the 2% rule allows you to survive an unlucky run, and live to trade another day.


How can it work when earning only 2%? how about fees? or in 2% you already clear up all fees involve in trading and it's 2% gross earning/loss per trading

the opposite approach is the "all in on every trade" method that's so popular with crypto traders. Smiley

I'm sometimes guilty on this with some altcoins. I just set limit, all in and boom. goodbye. next altcoins to trade please.

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September 25, 2018, 07:35:59 AM
 #4


the 2% rule means you don't risk more than 2% of your account on any one trade. if you have $100k, you don't risk more than $2k at a time. it's definitely applicable to crypto. it's a basic risk management strategy that hedges against variance.

even if your trading system is profitable, you could have a run of bad trades. if you trade 20% of your account at a time, you could blow up your account and lose your shirt after only a handful of trades. the 2% rule allows you to survive an unlucky run, and live to trade another day.


How can it work when earning only 2%? how about fees? or in 2% you already clear up all fees involve in trading and it's 2% gross earning/loss per trading

the opposite approach is the "all in on every trade" method that's so popular with crypto traders. Smiley

I'm sometimes guilty on this with some altcoins. I just set limit, all in and boom. goodbye. next altcoins to trade please.

Should be 2% with all the fees on top. If I may add, this strategy is not that aggressive but its not for everyone to apply as well. But one upside of this method is that you will be left with enough capital to stay in the game and live another day. There is also a lot of online trading calculators around, you might want to 'simulate' things first before you go on the actual trade floor.


 
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September 25, 2018, 08:10:08 AM
 #5

Do you mean 2% for stop loss ? With high volatilitas of crypto, i think that too small percentace in crypto trading, for the better use minimum 3% to 5% for stop loss and take profit minimum 10%. Stop loss 2% can be better to use in stocks trading that has lower volatility than crypto.
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September 25, 2018, 08:21:11 AM
Merited by mikeywith (2), dbshck (1)
 #6

the 2% rule means you don't risk more than 2% of your account on any one trade. if you have $100k, you don't risk more than $2k at a time. it's definitely applicable to crypto. it's a basic risk management strategy that hedges against variance.

even if your trading system is profitable, you could have a run of bad trades. if you trade 20% of your account at a time, you could blow up your account and lose your shirt after only a handful of trades. the 2% rule allows you to survive an unlucky run, and live to trade another day.

How can it work when earning only 2%? how about fees?

It's about position sizing, not take-profit levels. You can take a position worth 2% of your account, then sell at 20% or 200% profit. These are two separate concepts. The 2% rule just limits the amount of capital you can put into a single trade. It doesn't limit how much profit you can make on that trade.

The old guideline still applies: cut your losers early and let your winners run.

Do you mean 2% for stop loss ? With high volatilitas of crypto, i think that too small percentace in crypto trading, for the better use minimum 3% to 5% for stop loss and take profit minimum 10%. Stop loss 2% can be better to use in stocks trading that has lower volatility than crypto.

Stop loss is also a separate (but related) concept.

2% can work. It all depends on the risk vs. reward and your trading style. I trade higher time frames (1-day, 1-week charts) which means I have wide stops, usually wider than 2%.

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September 25, 2018, 08:40:30 AM
 #7

Yes it is applicable and no one is stopping anyone to use that strategy. You can even increase it more since in Crypto, there are times when the price will dip up to 10% then it will start to recover again and continue to go up, so 2% maybe a bit to small as an allowance in-case the market dips. I would set stop loss at 5% or 8%.

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September 25, 2018, 11:08:55 AM
 #8

Do you mean 2% for stop loss ? With high volatilitas of crypto, i think that too small percentace in crypto trading, for the better use minimum 3% to 5% for stop loss and take profit minimum 10%. Stop loss 2% can be better to use in stocks trading that has lower volatility than crypto.
You are getting yourself confused, it is not about earning 2% on each trade, it is about not entering a position with more than 2% of the total capital you have. I believe that should be explanatory enough for anyone. This would always make it easy for you to make trades without having to worry about how much impact it would have on your general holding as the case may be.
It is a form of risk management or money management, however you want to see it. If you go all in on a single trade, you set yourself on a higher risk and even when other opportunities arrive to make other trades in some other potential markets, you become incapacitated to get in.

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September 25, 2018, 11:23:48 AM
Merited by DarkBullet (2)
 #9

It looks effective but i am wondering how will that work. If i have $100 to invest then 2% would be $2. If i invest again the remaining $98 and i lost another 2% which is $1.96 then my remaining fund is $96.04. Well, not bad actually. It somehow save me $0.04 because if i let that 4% deducted to my $100 in one transaction, i lost $4 instead of $3.96 if i use the 2% rule. I confirmed that it will minimize the risk specially for those traders with big amount of money to trade.

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September 25, 2018, 11:33:21 AM
 #10

The 2% rule is pointless for long term crypto traders and HODLers.The bitcoin price always moves up and down with +/-5% every day.What if a trader just buys some bitcoins and activates auto stop loss order at 2%?I'm pretty sure that the order will be executed after minutes and after that ,the bitcoin price might go up with 10%,which means that he sold automatically at a 2% loss and now he has to manually buy btc at a higher price.

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September 25, 2018, 01:01:29 PM
 #11

The 2% rule is pointless for long term crypto traders and HODLers.The bitcoin price always moves up and down with +/-5% every day.What if a trader just buys some bitcoins and activates auto stop loss order at 2%?
The 2% rule here just pertains to limiting the maximum lost one can get when trading a pair. It is done by investing only 2% of the capital of the trader but all in all, it is not that different to normal trading thus, it is not pointless for long term crypto traders and holders. In fact, it might be beneficial since they can pick many altcoins that have potential to grow in the future(which means more potential profit).
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September 25, 2018, 01:28:17 PM
 #12

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?
I would say that stop loss is applicable to crypto but the amount of % that we are applying towards the stop loss totally depends on how much we are risking or how much we can afford to loose. It is well known to everybody that how volatile the crypto market is and within a short duration large fluctuations take place. 2% might just seem a little low and since many coins fluctuate at a higher level on a daily basis. Keeping such a lower value might end up eating your profits as well. For example: the coin went down by 5% resulting in executing your stop loss order and then the price goes up by 10% . You just lost an opportunity of making 5% gains on your investment.
I would recommend keeping the % value at about 5% - 7% .



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September 25, 2018, 01:30:45 PM
 #13

It is applicable, but only with scale. At first i was investing like a couple hundred bucks, so my trades involved a lot more % of the overall crypto stake.
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September 25, 2018, 01:35:24 PM
 #14

It is very popular risk management strategy. Obviously it is applicable to cryptocurrency also.
By this method you can minimise your risk and make good profit in trading.But if you hold a long term valuable potential coin then it might not apply to it.

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September 25, 2018, 01:51:31 PM
 #15


You are getting yourself confused, it is not about earning 2% on each trade, it is about not entering a position with more than 2% of the total capital you have. I believe that should be explanatory enough for anyone. This would always make it easy for you to make trades without having to worry about how much impact it would have on your general holding as the case may be.


you mean if you have $2000, you will only trade $40 each day stock? okay, that makes sense.

Quote from: pawanjain

2% might just seem a little low and since many coins fluctuate at a higher level on a daily basis. Keeping such a lower value might end up eating your profits as well. For example: the coin went down by 5% resulting in executing your stop loss order and then the price goes up by 10% . You just lost an opportunity of making 5% gains on your investment.
I would recommend keeping the % value at about 5% - 7% .

I'm also thinking this but for me acceptable gain is 20% . I'm more of swing trader /long term holder. I try to catch crypto at low price and only start to sell when I see that it's on 20% gain but the rule of 2% makes sense though I think this is more applicable for day trader.

Quote from: CryptoAssasin

It looks effective but i am wondering how will that work. If i have $100 to invest then 2% would be $2. If i invest again the remaining $98 and i lost another 2% which is $1.96 then my remaining fund is $96.04. Well, not bad actually. It somehow save me $0.04 because if i let that 4% deducted to my $100 in one transaction, i lost $4 instead of $3.96 if i use the 2% rule. I confirmed that it will minimize the risk specially for those traders with big amount of money to trade.

Yes, base on the above explanation I think this is how it works.

Reality is the only thing that is real.
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September 25, 2018, 02:14:20 PM
 #16

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?

2% rule is applied for traders who do not want to take much risk which is a good plan in trading but at the same time rewards will be less, if you want to keep SL at the lower leven then your position should be lesser if you take big position then 2% risk can be covered at a  nearby price which may easily be hit, for lower position you profit will also be less.

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September 25, 2018, 02:30:47 PM
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It looks effective but i am wondering how will that work. If i have $100 to invest then 2% would be $2. If i invest again the remaining $98 and i lost another 2% which is $1.96 then my remaining fund is $96.04. Well, not bad actually. It somehow save me $0.04 because if i let that 4% deducted to my $100 in one transaction, i lost $4 instead of $3.96 if i use the 2% rule. I confirmed that it will minimize the risk specially for those traders with big amount of money to trade.

Great analysis mate! That made me realized that this the 2% rule is very effective and made me shake my head while smiling. I also do the math with my funds I trade at Binance and this thread enlightens me what is missing and why I lost a huge amount already. If I just use this strategy from the beginning, I may save some of those money I lost and minimize my greediness or maybe poor analysis.

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

I will try to use this method next time and will always keep this in mind. Thank you so much for sharing this! I just found the article and saved already on my bookmarks.

https://www.investopedia.com/terms/t/two-percent-rule.asp
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September 25, 2018, 03:33:04 PM
 #18

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?

The 2% is a good trading tricks i will say. Even the popular trading platform will not only advice on risk management but also caution you to invest 1% while trading. The best is always "invest fund you can lose" to avoid heartache.
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September 26, 2018, 09:46:26 PM
 #19

and this is what I apply when trading, taking profit not more than 1-2% in a day
because what we face are various kinds of risks, kerugia, losing a lot of time and other things
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September 26, 2018, 09:53:58 PM
 #20

While browsing investopedia, I read about  2% rule where you will limit your loss to only 2% of your total capital. 

Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.

Any insight? Anyone using this strategy?
First of all I would like to say about stocks and crypto wont really be the same thing since both fields do really have different volatility when it comes to their prices. 2% rule would be good in using it up either on forex or stocks but those kind of stop losses wont really work anytime here on crypto yet price can swing into higher percentage which would really trigger that SL so easily.Even on having 10% would still be on danger.

 
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