What I think every trader should do to stay in the green

[sniveel]

We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.

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[1715468081]

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[Julien_Olynpic]

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

[konflikkastil]

I always tell people one thing, to everything there is always a know how. Starting of to trade without knowing the how of doing it is like going to the market to buy a package that you don't have idea of what is inside. That means what you see when you get home is what you buy. You can imagine how frustrated that will be. Do not ever start trading without having a plan, learn how things are been done. Else, you will just be a victim. And you will lost all the money you used to invest. When I started trading close to three years now and its still counting. I took off my time to learn what I needed to know, because I started with a borrowed money and I do not want to take anything for chance. That was how I had leverage over some people.

[Lanatsa]

We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.

Easy to say but would really be hard to be done by someone because this market had always become volatile and its never an easy thing for you neither pull and get in as you like.

For people who are just simply holding for long term then these movements wont really be an issue or problem at all.We are here for the same purpose which is in to make profits

or should be on greens.Greed level is different on every person this is why decisions that would be made up will be depending on each on every one.

[dimonstration]

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

Experience will teach us what strategies works best on us. Every trader have their own preference in making ways to earn and it's a continuous progress to keep in line on what to buy and what to sell. As long the trader is discipline enough to learn and to try, there should be no worries if we don't stay in green as long as we know that soon we know we can recover.

[Wawa2013]

In fact, it is very difficult for us to always stay in the green, because the volatile crypto market definitely forces us to feel the effects of the red market.
And to be successful in trading, it's actually quite simple. Always make sure we carry out the strategy according to our plans, because if we are affected
by market conditions. Then we will find it difficult to make a profit, so if we have reached the sell target, immediately sell the coins that we have.
Don't delay it because the market continues to be bullish, because we will never know where the price peaks when bulls occur. Furthermore, always
learn from the mistakes we have made, correct these mistakes and do not repeat the same mistakes. That way we can become successful traders,
good luck to all of you.

[Fatunad]

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

Experience will teach us what strategies works best on us. Every trader have their own preference in making ways to earn and it's a continuous progress to keep in line on what to buy and what to sell. As long the trader is discipline enough to learn and to try, there should be no worries if we don't stay in green as long as we know that soon we know we can recover.

Continue to learn and its a must thing where people should really be thinking off because this will really be molding us up into a better trader as we do engage into the market.
Losses cant really be avoided but what matter most is that you do able to make profits in your trades. it might not be on perfect but still you should able to handle it out.
We do share the same common goal on why we are here and be serious and be patient on dealing with this because this isnt only talking about making money
but also on losing money as well if you dont know on what you are doing or really that serious.

[Ziskinberg]

In fact, it is very difficult for us to always stay in the green, because the volatile crypto market definitely forces us to feel the effects of the red market.
And to be successful in trading, it's actually quite simple. Always make sure we carry out the strategy according to our plans, because if we are affected
by market conditions. Then we will find it difficult to make a profit, so if we have reached the sell target, immediately sell the coins that we have.
Don't delay it because the market continues to be bullish, because we will never know where the price peaks when bulls occur. Furthermore, always
learn from the mistakes we have made, correct these mistakes and do not repeat the same mistakes. That way we can become successful traders,
good luck to all of you.

Indeed right, a single mistake could be devastating but there is a way to avoid it if we are focus on our trade. I know it is really hard to do that coz of the market volatility but it is not impossible if we are willing to wait. Patience is very important in trading in order to avoid losses but sometimes we need to sacrifice just to reach our goal.

That is why in choosing coins for trading we have to choose those who have a huge trading volume and it sure the price will keep moving up and down which is the best for trading.

[santiPOGI]

Stay in the green?? I think for me it doesn't matter if it is green or not. For what matters to me is you know how to trade well properly,
because this is what I did so far and in fairness it was really effective and gave me a nice shot on my pocket. So, everyone can copy the same thing what I did in doing trade activity, good day.

[darewaller]

We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.

Either that or learn how to use the red market, I call it bearish market, to your advantage. Remember a bull run is good because it allows us to sell the coins at the best possible prices but a bear run is equally important as well, to buy the coins at the best prices to later sell them in the bull run. Its like the seesaw game where to get up you first have to go down and without going down, you can't actually go higher.

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market.

Well said, also one needs to adapt to the market. Earlier the bitcoin market was highly volatile but with time the volatility has reduced significantly maybe because the market is getting more saturated and deeper. A trader who is used to making profits from big swings won't be able to profit in the current market situation where swings are rather fluctuations.

[isaac_clarke22]

~

Well every poster of these have their own timeline.
One would dream of the greens and one would dream to be in the red tide. I guess the OP just said the both sides of the coin.
Green and the red tide isn't for everyone.
Imagine how many were looking to buy many BTC back when it was around 57k.

[Sinjokubhi]

Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.

I agree with him, focus on assets by monitoring fluctuations. With this we can make it easier for us to trade. Because paying attention or monitoring price movements on our assets really needs to be done, even every day. From these fluctuations we predict whether the prices of our assets will rise or fall in the future. Because considering that the market price is not always going to be green continuously, it is necessary to have analysis and predictions to avoid a decline in prices (red). From that, we can know the rising and falling prices to what extent and setting up a stop loss to avoid many losses.

Even though the analysis and predictions are not completely according to the chart, at least with it we can avoid the risk of loss. Preparation really needs to be done, don't start trading without the preparation that you really believe. I think mentally and technically need to be prepared before starting, because in trading you will fight yourself, namely ego, emotions, indiscipline, impatience and ignorance. We have to be mentally prepared, keep you in the "mood" and in a prime (good) condition when trading. I suggest that if you don't have the "mood" for trading, don't force it, it's better to take a short holiday. To get a good mood when you are about to start trading, you can use a little relaxation technique. For example drinking coffee, tea or your favorite drink. Or you can also put on your favorite music. Perhaps you can also meditate.

Then you also need to have prepared a trading plan before the market opens. It is advisable to do an analysis before the market opens, so that it is more objective and then it remains only to carry out the trading plan. Then we also need to monitor the market before the market opens to ensure market conditions are still in accordance with the previous analysis. By monitoring the market, we can get a "feel" of the market that day. Here we can determine whether it remains in accordance with the previous trading plan scenario or needs to change strategies, for example, wait and see first and so on.

[Golftech]

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

The one who can't adopt lose mostly, those who knows how to adjust and willing to take the

risk do have a much higher chances of continuing with a much better outcome.

Set you target and keep doing your part in enhancing your knowledge, very important

since the market is really wild, you can lose in a short period of time.

Imagine how many were looking to buy many BTC back when it was around 57k.

And now, they are not in green long wait or cut losses.

[TheGreatPython]

Stay in the green?? I think for me it doesn't matter if it is green or not.

It should matter though because as much as learning and following the right process is important, you must also remain in green/profit in the long run otherwise all the learning you are doing is nothing but intellectual entertainment.

For what matters to me is you know how to trade well properly, because this is what I did so far and in fairness it was really effective and gave me a nice shot on my pocket. So, everyone can copy the same thing what I did in doing trade activity

To copy what you are doing, we must know first what you are doing and how profitable it is for you. If you don't mind and get an extra minute or two please consider sharing your strategy you are using.

Trading properly is a very generic term and cannot really define anything, even gamblers think they are doing the right thing and properly while they are not so everyone in their own mind are doing things right. You ask the worst traders and they will say "we are doing the best from our side and in our understanding".

[Restmand]

The problem with trading
When I started day trading crypto 3 years ago, I didn't have a plan with my trading. I just thought "if my win rate is high, I will make money gogogo".
I think everyone is missing a very important step if you just do some TA and start trading.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.

I had no plan
When I look back at it, it was actually crazy how much I cowboyed my trading. Sometimes, I made +1%, sometimes -3%, sometimes +5%, sometimes +10%, sometimes -7%. There was no structure and I had no idea what results I could expect.

Since I had no forecast of my results, it was difficult to follow my rules. I simply lacked motivation to follow my rules. I think this is very common.

What worked for me
What made me go from a bad trader to a consistent profitable trader, was ACTUALLY using a strategy. Not only trading based on a vague strategy.

NOW - How the heck should I form a reliable strategy that works?
I opened up a Google Sheet and started writing formulas to estimate my earnings and losses from trading, based on different win rate, starting balance, leverage etc. It helped me a lot but it was so tedious to change the strategy in Google Sheets

I had enough. So I started to Google if there was a better way to do this. I found nothing. The only thing I found was a Forex Profit Calculator, but I wanted one for crypto.

Winrate.io was my game changer
So I made my own one. I created a website called winrate.io where you can test your current strategy or create a new strategy if your current one doesn't work.

This was a game changer for my own trading - Since I realized that my current strategy was not efficient at all and I was trading on an exchange with crazy fees. I sat down for 1-2 hours and tried different setups, and found out that I just had to make a few tweaks to make my current strategy work a lot better.

This is free and it will not ask for anything from you - not even your email. This is simply my Google Sheet in a more user friendly version that I personally use to improve my trading. My friends also use it regularly. So I wanted to share it with you as well. Hope thats OK!



I really think this step is very important but something that a lot of traders does not do - because it is difficult to do in Google Sheets or Excel.

Please let me know if you think this is helpful and if you have any questions.

All the best,
Joel

Thank you for the good idea and the strategy you shared. I have traded 7 years already and having on and off in trading but lately, I have been making time to focus on the moves of the coins I have hold in the market, I have studied and never stop learning on how to win on trading.  A lots of time spend that I have lost my capital and almost cry for I have nothing in return. I am thankful I have groups that made me learn some ways on how to get win on trading.

[matchi2011]

At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.

to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

That's how trading works if you want to keep your investment in the positive side, buying low and wait till the value bounce
back and provide decent profits.

If you have that capabilities being patient then the chance of keeping yourself profitable is high, most of the time when collapse
happened more investors ride with it and lose their money.

[ScamViruS]

At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.

Green market does not mean that if you buy any coin, you will close with each of your trade profits. There is always a risk in the market if you do not follow your money management in the right way. Because if you buy a coin after seeing the market green and then dump that coin, you will have no choice but to wait for it to bounce. Or there will be no way out except to sell those coins at a loss. So any coin should be bought keeping an eye on the movement of the market. Experienced traders see the movement of the market before buying any coin, they do not open any trade just by looking at the green market.

[milewilda]

At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.

to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

That's how trading works if you want to keep your investment in the positive side, buying low and wait till the value bounce
back and provide decent profits.

If you have that capabilities being patient then the chance of keeping yourself profitable is high, most of the time when collapse
happened more investors ride with it and lose their money.

Not at all because profitability doesnt always talk about being patient and becomes positive because everything will matter on your own  analysis with some accompanying factors that do really contribute in ones success.
Although patience is really a must but there are pro's and con's of each thing when you done it exaggerately.There would be always a time where perfect sell and perfect buy do really happen.
It might not be on  the precise point but at least you are just near on that one.Only one thing  that we do have in mind on why we are on this market is on where we should really be making out
money or simply staying up on greens but this isnt something simple thing that you can attain without proper experience and skills.

[jossiel]

At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.

to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

You can think of it if it's the right time to buy coins. You may not know base on your perspective but you can have hints and clues if it's exactly the good time to buy it by looking at its chart. And that's the golden and typical rule when we buy, you don't sell when you're just going to lose it.

You'll see a good price to sell it for you to profit. We all do that unless you find it not fitting anymore and you have to cut loss which is also an essential move to avoid too much loss from that coin you've mistakenly bought.

[tvplus006]

to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

The higher the price of a coin, the more difficult it is to make a decision to buy it, because despite the fact that we see a bull market, a high price may indicate that it may change to a bear market. But in the event that the price of a coin begins to decline, it is better to sell it than to hold it for several years until the price recovers.