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Author Topic: What's your favorite trading style?  (Read 692 times)
ajqjjj
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May 28, 2019, 01:58:41 AM
 #21

Some people think of trading as a shortcut to getting rich quick and they're expecting too much out of it which is making trading really stressful.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
The current trend was supporting to day trading so most of the traders are concentrate the continuous participation. But sometimes we will follow the long term investment also it depends on the situation. So they just ask the favourite trading style but your suggestion was little different from trading style.

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May 28, 2019, 03:08:42 AM
 #22

Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
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May 28, 2019, 04:03:23 AM
 #23

I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.

Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.

What's your experience?
I am not yet a professional trader and I cannot earn 5-12% a day like my teachers. I am in the learning stage. but I still have my way of trading can x3 x5 my account number.
I just expect and buy cheap tokens at IEO projects that are being traded on non-central exchange. It is quite effective for small amounts. I usually invest only $ 200-300. But such good projects are only 1 to 3 times in a year.

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May 28, 2019, 06:55:49 AM
 #24

It all depends on the crypto that we buy ,
I seldomly buy a crypto for a long term most of the time I am just scalping or day trading,
Since I see it much more profitable I would do a quick trade then roll with my capital and profit.
This happens, you never know what’s going to happen in crypto world. I got here by accident and have been here since then however I have been able to make some money y early speculation in Bitcoin. Even this Bull Run had been pretty good for me for my cost of investment had been pretty low that what the current market price is and the market value is rising high these days.
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June 09, 2019, 10:52:31 PM
 #25

I prefer long term hold. This has favoured me the most as i have made good profit form it. Day trading is bad for me. When ever i try it, it does not end well, i end up being burnt.

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June 10, 2019, 12:25:23 AM
 #26

I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.

Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.

What's your experience?
Trading I believe don't really have styles on how one will have to trade. The market is not favorable to every crypto trader and it can be favorable to others. Due to the market trends one will have to put up all its techniques on how to hit out few % from the market.
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June 10, 2019, 12:50:47 AM
 #27

Buying the tops and selling the dips is a guaranteed way to lose your capital. Works for me every time.

Also, make sure to always pick the coin that doesn't moon.


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June 10, 2019, 06:02:03 AM
 #28

Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
Strongly agree that long-term trading is very pleasant and always patiently takes good opportunities in the current market conditions, by buying at a very cheap price after that it's enough to wait until it's time to sell at quite expensive prices, all free to choose their trading style but I don't like daily trading because there is not much time to analyze anything where time is very limited, unlike everything I can do before.
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June 10, 2019, 01:18:16 PM
 #29

Long term trading is my style. Because i not really have time to look market everytime if i do daily trading. But out there i know a lot of people who already fit in it and they not do anything except trading everyday.
Strongly agree that long-term trading is very pleasant and always patiently takes good opportunities in the current market conditions, by buying at a very cheap price after that it's enough to wait until it's time to sell at quite expensive prices, all free to choose their trading style but I don't like daily trading because there is not much time to analyze anything where time is very limited, unlike everything I can do before.
There is no denying that long-term trading style always gives us a very comfortable feeling, there is not too much pressure from changing the market, we just need to be patient enough to succeed in half but this method always has deep risks because the market is having replacements and removal every day, unfortunately, our project can be removed, not timely observation will cause us very serious damage. Therefore, our style should be changed depending on the market, should not let ourselves become obsolete.

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June 10, 2019, 01:39:48 PM
 #30

Short term trading really needs a full attention in order to make it successful so this kind of trading style is not suitable for me as I only have a little time per day.

So my favorite trading style is a long term one, I buy in bear season then stock it for months or years and sell it once I hit my target price for selling. It only takes a little time and you don't have to monitor it daily as I only check my investment monthly.

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June 10, 2019, 01:57:40 PM
 #31

Short term trading really needs a full attention in order to make it successful so this kind of trading style is not suitable for me as I only have a little time per day.

So my favorite trading style is a long term one, I buy in bear season then stock it for months or years and sell it once I hit my target price for selling. It only takes a little time and you don't have to monitor it daily as I only check my investment monthly.
I also choose long term to make a profit because it is more profitable than trading every day and if you have good psychology, both ways will help you earn high profits. I often choose coins that are in the top 100 CMC and when the market falls, I will use a small money amount to choose the best community projects and then invest based on my ability. This is not easy and you must have a lot of knowledge to do that because just one mistake, the loss will happen to you.

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June 10, 2019, 02:03:34 PM
 #32

Short term trading really needs a full attention in order to make it successful so this kind of trading style is not suitable for me as I only have a little time per day.

So my favorite trading style is a long term one, I buy in bear season then stock it for months or years and sell it once I hit my target price for selling. It only takes a little time and you don't have to monitor it daily as I only check my investment monthly.
Having enough patients and aiming for higher returned can be performed when you are working with long term trades, speculations and volatility only
interfere with your desire profits, unlike with long term goals, you can set you sell order and wait till the value will be executed and you can generate
the profits that you like.

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June 11, 2019, 06:04:32 PM
 #33

Since I started my activity in the Bounty companies, and then continued with the help of investments in new projects, I was engaged in trade from time to time.  I didn’t have time to go to daily trading.  But since long-term trade almost resembled long-term investments, it was this strategy that suited me the most.

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June 11, 2019, 06:24:46 PM
 #34

I am kind of mid to long term trader because short term trading is more risky due to too much of price swings so when we have time then we can decide what we are going to do with it.So as long as we are trading longer we have better chance of making perfect trades but shortish trades can be more profitable but still I am not ready to take kind of risk with losing my capital.
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June 12, 2019, 03:09:11 PM
 #35

Some people think of trading as a shortcut to getting rich quick and they're expecting too much out of it which is making trading really stressful.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
The current trend was supporting to day trading so most of the traders are concentrate the continuous participation. But sometimes we will follow the long term investment also it depends on the situation. So they just ask the favourite trading style but your suggestion was little different from trading style.
In my opinion daytrading will always be suitable for all conditions, the most important thing is your skill in adjusting all conditions and preparing the right strategy for that. now the price is back up, but not as big as a few days ago, it is certain that prices will rise again, so buying to be hold for the next few days is a good idea
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June 12, 2019, 03:25:06 PM
 #36

Swing trade is probably the best trading style the suits me. I don't trade coin like hourly I would prefer to go with daily and weekly chart
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June 15, 2019, 09:52:43 AM
 #37

Some people think of trading as a shortcut to getting rich quick and they're expecting too much out of it which is making trading really stressful.
It will take a lot of patience and courage for us to reach our target goal so if we'll think that trading would be a solution to get rich, we will surely be having lots of disappointments in the end.
The current trend was supporting to day trading so most of the traders are concentrate the continuous participation. But sometimes we will follow the long term investment also it depends on the situation. So they just ask the favourite trading style but your suggestion was little different from trading style.
In my opinion daytrading will always be suitable for all conditions, the most important thing is your skill in adjusting all conditions and preparing the right strategy for that. now the price is back up, but not as big as a few days ago, it is certain that prices will rise again, so buying to be hold for the next few days is a good idea
If you ask people to buy and hold their coins for the next few days, then you are not completely day trading, because they trading according to the best of my knowledge is when you are able to successfully enter a trade and exit a trade within a day either you lose or you win.

It is expected that a day trader makes profit everyday depending on the strategy they further apply within that day which could be scalp trading or the other normal trading. Holding for few days is not also bad, this type of short term trade is safer and gives chances for you to be able to make better decision without having to rush in making decision like we do in day trading.

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June 15, 2019, 11:57:55 AM
 #38

Depend on market itself for me, I'll be day trader when market situation is volatile such as this time. Bitcoin price grow up from $7900 to $8700, and it was working for me. But if the market situation is stable then I'll choose for long term trading. I feel saturated when when I become day trader only or I become a long term trader, but if I mixing it I won't feel saturated because I'll use the different strategy so as I'll feel comfortable when I trade.

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June 15, 2019, 01:03:11 PM
 #39

Every trader have their own trading way depending on how much time they can put on trading itself.
I'm long term investor for crypto because I believe crypto will keep growing over years !

Why long term ?
Less stress and maximum profit !

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June 15, 2019, 02:25:21 PM
 #40

I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
day trading has nothing to do with any of these things. you wasted you time with them. even if you wanted to take a look at these things, you should only consider them as your last options at the bottom of your checklist of things to check out.
the first and most important thing to check and analyze is the market itself which means looking at the charts and the order books.

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Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
there is no relationship between news and market reactions. sometimes there is coincidences which other people pick up on or sometimes altcoin pumpers they use news as an excuse to pump the altcoin but there still is no relationship.

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With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.

What's your experience?
in my experience this is a bad thing to do because unfortunately a good coin can not be found and even if you find them they won't rise that much. the most profit is in shitcoins and in their pump and dumps which also means holding altcoins is a very bad decision.

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