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Author Topic: My trading strategies  (Read 1307 times)
Fredomago
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March 13, 2022, 09:04:12 PM
 #141

The good thing here is that it works for you. The problem is that it works when others do it. Although I see you alone in claiming that you are not an amateur businessman, maybe other people will try what you are doing and get leaders.  Almost the same result can be assumed that you also have on everything
I don't always believe in all these trading techniques as their never guarantee steady profits and again this may work for the op but may not work for me since our experiences differ if the op can give more detailed information on the way him/her applied this strategy to gain profits. Just like a step to step guide.

It isn't easy to follow a certain strategy, and you are right even the strategy works for other people but not for everyone, you can use it as basis and try to study if that also fits for your trade or if you can customized and makes it workable, things always rely from how you see the business, if you are keen on learning more in-depth details you can gain good outcome.

If you are willing to go deeper, all the information can be sorted and pick whatever you think is valuable while doing this business.

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March 13, 2022, 09:36:55 PM
 #142

It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it  won't have the patient.
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March 14, 2022, 10:18:15 AM
 #143

Here is a list of the different crypto investment strategies. I noticed that these strategies are used by those traders who have been in the cryptocurrency market for a very long time. New traders start to panic and not stick to this or that strategy and their balance tends to zero.
I check the link and I think most of it are not a strategy but just a basic guideline here in crypto. If there are few on your list that I think a real strategy I think that are the DCA and riding the wave. Those who are in the market already for a long time already know most of those things.

For the newbies it's okay if they cant follow all what is written but they can start on the very basic first which is securing asset storage. We should not easily blame our strategy because we think that it wasn't working but we should remember that the outcome that we will get is also depend on the coin that we choose. A working strategy can fail too sometimes but let us not panic and let us not change it for a while.

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March 14, 2022, 10:32:23 AM
 #144

Everyone has their own strategy and I have seen some crazy ones that worked and a very logical ones that ended up not working at all. I do not know what could be the reason why we are seeing something from everyone to say "this won't work" or "this is good" because we have seen all kinds of crazy methods before.

Anything can work if you are on the right side of the trading world, doesn't mean that you will be, but nothing guarantees you profiting as well as losing. So just do what you want to do, do it in a way that is cool for you and in the end we are talking about making profit. That doesn't mean that you will at all times, but you can at least adjust it.
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March 14, 2022, 11:21:35 AM
Merited by borovichok (1)
 #145

It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it  won't have the patient.
Well, the strategy is really for long term and he's said that when the market is down and likely in a bear market. It's the time he's packing and getting more to fill his bags.

It could also work for short term investors and traders. But we have no idea if there's going to be an accurate time that it will work on it as strategies are likely to work or not at the right time.

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March 14, 2022, 11:58:58 AM
Merited by Mr.right85 (2), borovichok (1)
 #146

Everyone has their own strategy and I have seen some crazy ones that worked and a very logical ones that ended up not working at all. I do not know what could be the reason why we are seeing something from everyone to say "this won't work" or "this is good" because we have seen all kinds of crazy methods before.

Anything can work if you are on the right side of the trading world, doesn't mean that you will be, but nothing guarantees you profiting as well as losing. So just do what you want to do, do it in a way that is cool for you and in the end we are talking about making profit. That doesn't mean that you will at all times, but you can at least adjust it.
Trading is based on your strategy. Don't trade with emotions. For you to start making profits in trading. You have to learn to avoid greed in trading. Greed has pull down so many traders and liquidate so many traders trading account. For starters, set your daily targets, once the trading reach the target, close your trade for that day, although some individuals practice long term investment, while some choose short term investment. Long term gives you Hugh profits while short term gives you profits which you would use from day-to-day.

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March 16, 2022, 09:06:56 PM
 #147

Trading is based on your strategy. Don't trade with emotions. For you to start making profits in trading. You have to learn to avoid greed in trading. Greed has pull down so many traders and liquidate so many traders trading account. For starters, set your daily targets, once the trading reach the target, close your trade for that day, although some individuals practice long term investment, while some choose short term investment. Long term gives you Hugh profits while short term gives you profits which you would use from day-to-day.
I do believe that there is a good chance we could end up with something that is beneficial for everyone. I believe that we are talking about emotional traders who lose money but they do not just throw that money down the toilet, they are losing it to veterans.

It means that either you are a veteran who knows what they should do and take the money from people who make mistakes, mainly newbies or you are a newbie who loses money but has a potential to become a veteran in the future who will make profit. So, everyone has something to look forward to and emotional trading is something people do for not too long, they will learn to be better given enough time.
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