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Author Topic: What trading strategy do you guys use?  (Read 1246 times)
hemendrasingh123
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May 15, 2019, 12:32:56 PM
 #41

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May 15, 2019, 01:59:57 PM
 #42

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

Depends on what kind of trader are you.
For example, if you are an altcoin trader you can just buy at the dip, hodl for awhile until it pump and sell at your target price.
Another one is a swing trader, a scalper or a margin trader in which the strategy is to use some indicators to predict where the market will go and to enter and exit the market in the right timing.

But let me remind you that we shouldn't forget to achieve emotional strategies like taking away the greed and to have a very positive mindset. That works really well in trading.
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May 15, 2019, 03:10:44 PM
 #43

the strategy that I did was very easy, I believe I was not greedy. when I get profits according to my daily value, I stop trading and do it again tomorrow.
waiting for the price to go back down, for sale when the price increases.
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May 15, 2019, 04:08:36 PM
 #44

usually i believe in my own trading experiences when having experiences can help us in trading skills, by many times, using time on trading and invest small money days by days, we can have small profit but that is safer when we loss, from that we can increase money in the future when we have some experiences with cryptos, moreover, don't be greedy because that can get you loss the profit.

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May 15, 2019, 05:01:09 PM
 #45

the strategy that I did was very easy, I believe I was not greedy. when I get profits according to my daily value, I stop trading and do it again tomorrow.
waiting for the price to go back down, for sale when the price increases.
For me,i usually buy the dips and sell high.I am a long term trader and so i believed that it's still the most profitable strategy in trading.Although i trade for short term whenever i see a positive condition of the market,but i guess there is still huge profit in long term trading even if it will take quite a long time to generate profits.

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May 15, 2019, 05:41:08 PM
 #46

It is good to see different answers here and some have great ideas.

I dont use scalping or any kind of trading techniques. I just merely rely on my own prediction or the news of what token I am trading.
Depends on the outcome of what upgrades they are doing or their choices.

Monitoring hourly is also one of my techniques. Manual trading only. Just going back and forth the exchange and putting the token that I am trading in my favorites to keep them on track.

Just that and still I got some successful trades which could profit like 20-100 USD a week which is enough for me. I am not much of a greedy person.
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May 15, 2019, 07:06:05 PM
 #47

Buying and selling in a day regardless of the price move in my favor or not. Early in the morning I buy at the open price and set the selling price above the open price to make few profit percent, if night my trade is still not hit, I sell out regardless of the loss. With many times in a month, I can make something to cover the losses or breakeven
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May 15, 2019, 07:51:49 PM
 #48

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

Learn the meaning of indicators. We have youtube videos explaining the meaning and when to invest. I spend almost everyday into learning trading and practicing hand in hand with $1000 invested into it. Use Binance exchange for better navigation and volumes as well. Set minimum threshold profits. This will bring you decent profits at the end of each month.
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May 15, 2019, 08:11:57 PM
 #49

sometimes i will see the movements that happen on the same day and i will buy when i know of the next move through candlesticks, although this method is less effective to gain profit if we do not have the skills in it, but as long as we are patient the price will go up to sell then it will be a good profit, it will make us keep checking the market at any time so we have the opportunity to buy and sell at the right time

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BUK2016
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May 15, 2019, 09:47:49 PM
 #50

Holding is one of the best strategy which work for me for a long time now and I can say that I have made more than 100 percent from my investment. Though not many people can hold for a long time before the need for the money to come up and they ended up selling after a while.
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May 15, 2019, 10:12:26 PM
 #51

the strategy that I did was very easy, I believe I was not greedy. when I get profits according to my daily value, I stop trading and do it again tomorrow.
waiting for the price to go back down, for sale when the price increases.
I like your strategy because the strategy is very simple and easy for everyone to do. the most important thing at that time is not to expect to get big profits because it will actually make our difficulties. it's better to look for small profits but coins sell rather than looking for large coins we don't sell well.

.
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May 15, 2019, 11:19:29 PM
 #52

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
There is not really any kind of strategy that you should stick to and follow that will prove to be successful every time, at first i thought that trading crypto was just all technicalities and strategies, but it is unpredictable and volatile that you need to be able to adjust and make decision based on how the market moves and that is something that keeps you on edge and if you stick to one way of doing things you will end up losing more than you will be wining, so strategies should move as the market moves.
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May 16, 2019, 01:40:39 AM
 #53

Holding is one of the best strategy which work for me for a long time now and I can say that I have made more than 100 percent from my investment. Though not many people can hold for a long time before the need for the money to come up and they ended up selling after a while.
Holding is different when you are in trading,  traders will find way in order to generate profit unlike of holders will just wait for the moment that price of a certain coin that they are holding will pump and then sell. No strategies needed, but for trading it will never work that easy, we really need those effective strategies and so we will succeed.
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May 16, 2019, 01:57:08 AM
 #54

All depends on the target, circumstances and needs and there are only two choices, trading in the short and long term.

and if you need quick income because of your needs, you will trade in the short term with methods and analyze market movements and make purchases when prices are low and only wait for prices to rise in a short time according to the target and resold, arguing that it is profitable.

and for those who do the trading method in the long run, most of them have regular jobs or regular income, because they don't need it in a short time and want maximum profit even if they have to wait long to sell it again.

and now I am doing the second method of doing long-term trading and the results are very profitable and only require strong patience and are not tempted by prices that I find unsatisfying.


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May 16, 2019, 02:59:19 AM
 #55

In trading before deciding on a strategy I first look at the market situation, if the market situation rises, I prefer to wait for correction, and vice versa
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May 16, 2019, 03:03:56 AM
 #56

My strategy is very different from the others, it is not based on technical analysis, maybe a little, but I like to analyze the market and know what stage of the market it is, if it is in trend, if it is in accumulation or distribution , I know now that we are in accumulation, this usually takes some time because it can be seen days, months, years, depending on how the graph looks.

When I have defined the eta in which it is, I'm getting closer in terms of time, that is to say I analyze it to days, I check the volume, I also check other platforms that can see the volume by the different main Exchanges, to see which way it can Go the market if down or up.

My strategy is not to predict, but to wait for some important movement to enter and take position, after that, I make decisions if the movement I put it to days or hours, normally I like to days until the movement occurs.

My technical analysis starts from what I think the market can do after the reaction, there I start to make some movements but not with stripes or triangles, I am the one who thinks that does not work.

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May 16, 2019, 03:54:41 AM
 #57

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
There's a lot of strategy for trading, but if you are new in trading, try to learn first the strategy of support and resistance. Like, identify first the supports and resistance then try to trade on breakouts. That's the basic I used now with the combination of Fibonacci retracement and RSI. I use Fibonacci retracement when I will enter the trade and exit the trade.

Additional study the different patterns in the chart, I am using this guide for chart patterns: https://babypips.com/learn/forex/how-to-trade-chart-patterns

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May 16, 2019, 04:24:43 AM
 #58

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
No one is going to reveal their best strategy and even you find and follow it will still won't work for mostly so go and make your own strategy.Keep practicing crypto trading as much as you can to get better at it and you can find what is best for you.

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May 16, 2019, 08:52:51 AM
 #59

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
No one is going to reveal their best strategy and even you find and follow it will still won't work for mostly so go and make your own strategy.Keep practicing crypto trading as much as you can to get better at it and you can find what is best for you.
most people only use the crypto price fluctuations, with that I think they get a lot of profit. but, from that, I think finding information before doing it is a good strategy. besides, targeting low and high prices can make you avoid big losses.
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May 16, 2019, 09:05:08 AM
 #60

the strategy that I did was very easy, I believe I was not greedy. when I get profits according to my daily value, I stop trading and do it again tomorrow.
waiting for the price to go back down, for sale when the price increases.
Best strategy, the sweetest of it all is what you are using, at least, you can still boast of something to keep the day on no matter how little it is, but the only extra thing I just added to mine is to still have a portion of my fund for long-term trading that I don’t touch at all whether the price is fluctuating or not.

That one can class me among long term holders that will take big profit in future, while intraday trade still gives me the opportunity to make money on a daily basis by buying low and selling high. Although it is easier for those who can trade to follow this strategy than those who doesn’t know how to trade.
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