Trading Strategies changes with time

[Ararbermas]

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

correct that's why making technical analysis is a must when it comes trading.. And fyi mate it depends if you're a short term trader or a long term trader. Wherein if you preferred shorting of course you need to keep updated to the coin you trade because growth rate always make changes everytime and it depends what time frame you choose.
So you need to stick to the news every time so that you know what to do in every situation that will occurred during your shorting.

And when it comes long term trader, for me no need to worry because all you need to do is to make technical analysis just to confirm the situation, especially if you know that you bought at the very low which the support and you follow the trend base on what's the results of your TA. nevertheless not everytime you need to keep monitoring it. Probably 2 times a day is enough and yes of course the new as well is the most important so that you can dump when you know there's a worst situation to come to save your profits and then buy again when its very low and keep holding..

That's it mate. Because we have two types of traders, if you're pointing to those day trader, well yes you're right because its very important to monitor your trade to avoid losses..wherein you need a back up strategy as well for protection.  

[Wind_FURY]

As I am the known stupid one in the forum, I would like to ask all of you experienced traders who has posted in the topic to tell us which trading strategies still work, and which strategies don’t work anymore, then tell us why and what market situations make them “not work”, and what adjustments should be made.

[Masplanc]

There is only one trading strategy I know in trading cryptocurrency

[harizen]

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

Isn't it obvious that we should have lots of ammo in order to deal with the market? Of course, don't stick to a single strategy because of different market behaviours and market trends. That's why building experience is the key for us to create multiple strategies that can be used on a certain trend.

Not that simple to create though as strategies will have their own trial and error. Regardless, soon we can improve those and able to use them on our future trade.

[Wind_FURY]

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

Isn't it obvious that we should have lots of ammo in order to deal with the market? Of course, don't stick to a single strategy because of different market behaviours and market trends. That's why building experience is the key for us to create multiple strategies that can be used on a certain trend.

OK, harizen. What are those strategies/trading styles that you use to make those profitable trades you do under different market behaviors.

Because I see many posts, but very little information on “how” to do it.

Not that simple to create though as strategies will have their own trial and error. Regardless, soon we can improve those and able to use them on our future trade.

But what’s the most profitable trading strategy for you?

[RealMalatesta]

If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time.

Yeah, this is because traders' behaviors also changes over time. When you are once experienced among market fluctuations and trends then you will able to predict turning points of market very easily and when more people start doing that and trying to catch such points too earlier then market will start showing changes in its fluctuations. So, we need to update our skills and strategies to compete against all other traders.

It is kind of who is going to be different than the rest of all others. Those traders who are learning continuously may get chances to catch maximum profits before all others start booking profits and those who are not updating strategies might be waiting more to book profits but market may start falling down more rapidly before they react.

[tygeade]

this is because traders' behaviors also changes over time. When you are once experienced among market fluctuations and trends then you will able to predict turning points of market very easily and when more people start doing that and trying to catch such points too earlier then market will start showing changes in its fluctuations. So, we need to update our skills and strategies to compete against all other traders.

I might be wrong but a trader's behavior and attitude never change, even with years of experience. There are traders in my city who are doing this thing for years and every time I met them because we are sort of friends, they always tell me similar things about their trading. Maybe it's different from crypto trading.

It is kind of who is going to be different than the rest of all others. Those traders who are learning continuously may get chances to catch maximum profits before all others start booking profits and those who are not updating strategies might be waiting more to book profits but market may start falling down more rapidly before they react.

That makes sense. If 99 people are doing the same thing, they will never be a match for the 1 who reads their moves and acts accordingly. It is the "survival of the fittest" which means the one who learns new things and modify themselves will have the best chance of making money in this market.

[Wind_FURY]

If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time.

Yeah, this is because traders' behaviors also changes over time. When you are once experienced among market fluctuations and trends then you will able to predict turning points of market very easily and when more people start doing that and trying to catch such points too earlier then market will start showing changes in its fluctuations. So, we need to update our skills and strategies to compete against all other traders.

Honestly, do you have a more than 60% accuracy in predicting turning points in the market? Because honestly, I believe many of the posts in this topic, as if they are market wizards, are laughable.

It is kind of who is going to be different than the rest of all others. Those traders who are learning continuously may get chances to catch maximum profits before all others start booking profits and those who are not updating strategies might be waiting more to book profits but market may start falling down more rapidly before they react.

Can you teach us plebs what strategies we should by using?

[Karish2return]

You are right as crypto trading is volatile, everything can happen any time, so, we will change and apply new strategies according to the situation which market required. So, it will happen many times, as time and market is changeable, so try to obtain those strategies which are helpful for you always in any situation and will profitable for you as well.

[XUNing]

The crypto market is unstable and the trend is constantly changing. It is necessary to develop an effective and profitable suitable trading strategy according to the market situation.

According to trading experience, use trading strategies suitable for new forms of the market, and adjust the previously used easy-to-loss strategies to reduce economic losses.

[Adorakelv]

The strategy cannot constantly work and bring profit, sooner or later it will start to fail due to the fact that the market will change.

[Cherylstar86]

You are right as crypto trading is volatile, everything can happen any time, so, we will change and apply new strategies according to the situation which market required. So, it will happen many times, as time and market is changeable, so try to obtain those strategies which are helpful for you always in any situation and will profitable for you as well.

if we are experienced in trading, then we will have a picture of the scenario that will occur to the market later. we have read the market movement if plan A doesn't work then we automatically have plan B to change strategy quickly. In this case, a good mentality is needed. for example if we buy but it turns out that the price is out of the support area then we can cut loss and wait again in the next support area

Indeed. We need to have lot of plans if the other plan won't work. And also, everything changes with time and trading is not an exemption. Once you trade, you must expect that there are changes happen especially market prices are not stable. If market prices changes then it means you need to have another strategy to earn profit. You also need to learn on reading market movement since it is very important for you to avoid such losses.

[Woodie]

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

Are you suggesting coming up with different strategies after a certain period of time because markets change over time ? If this is the suggestion am not for the idea!
FYI would be more rewarding to stick to one strategy and perfect it along the way unlike moving from one strategy to another . If people are losing money because of trading it could be because we using huge lots, not taking profits at the right time or trading on the wrong time frame with a small account....for example you can't day trade on a $50 account because there is simply no room for drawbacks and brokers spread.

[checkmatesir]

We know really while that market changes time to time and no coin having constant price because they are all are changeable and another thing we can't tell about any coins by ourselves before analyzing the coins and knew about their previous results as from their trading graphs, So, it will helps us a lot.

[suryana]

the trading method should indeed be adjusted to what coin we will choose. I always choose coins with high volume and top 10 rating in crypto. Because there we know what method we do and avoid coins that are only for a moment.

[Pasa32]

Trading strategies of every person is different, whether someone is following other platforms and looking for others, then absolutely they have to face some problems, but i want to say that every person should learn from the loss which he had made already and now he should change his trading strategy and work in a different way.

[Silberman]

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

This is one of the things that many people do not really understand, when you begin your career as a trader you are going to develop a strategy and most the time the strategy is going to be effective enough to produce profits but it is not going to be good enough to maximize the profits that you can get out of the market, and the only way in which you are going to be able to do this is by keep reading books and studying all kind of strategies until you get the best possible one for you, and this means that over the years your strategy is going to change so much that is going to be unrecognizable, but that is something that you must do if you want to have sustained success in the market.

[Sweetbtc]

Yer trading strategies should be changes with market. When market bullish altcoin can give you big even 2× to 10×. Altcoins generally dump 20% and pump 100%. Every dip is bonus.
But in bearish market 10% - 20% profit is enough. We should not expect 2×. In bearish market price up 20% and xan dump 100%. In bearish we will use defensive strategy.

[jerrygettingrich]

Check out the article I wrote on how to analyze and pick crypto for long-term investment. I just published an in-depth analysis of XRP. You can follow me on Medium as I will start posting more content similar to this.

[kapalmabur]

Yer trading strategies should be changes with market. When market bullish altcoin can give you big even 2× to 10×. Altcoins generally dump 20% and pump 100%. Every dip is bonus.
But in bearish market 10% - 20% profit is enough. We should not expect 2×. In bearish market price up 20% and xan dump 100%. In bearish we will use defensive strategy.

in a bear market, I think the scalping strategy is very suitable, we take advantage of price corrections to seek profit. but this method also contains a big risk, because it can happen that our analysis is wrong and what must be done is cut loss to cut losses and find a good area to buy again

Yes, before using a scalping strategy we need to consider it carefully,
In addition we must have a high understanding of course in terms of analysis,
because otherwise we will just lose money so think carefully because the risk is big as you said