otundebis
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September 04, 2021, 06:26:47 PM |
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I think before you can have a strategy for trading Cryptocurrency, you must have test your skills over time in the market, the more capable you are in using your skill and experience, the more effective your strategy become! Cryptocurrency is very fast market especially during Bull market, you therefore need understanding of market condition before you can form a strategy for your trade!
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Lanatsa
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September 04, 2021, 06:54:24 PM |
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Trading Strategies are not constant , it changes with time.
The majority will all agree, as do i. But IMO, i believe that it is not a general thing, that is because everyone has their trading strategy, the change in your strategy that may have resulted because your were loosing and needed to change your strategy, may not mean another person at that time frame has to change his strategy as well because as you lost, so also another person person won the trade. So the change in strategy is more a personal thing, i'd like to put it as "your trading strategy changes with time" and it changes because you have recorded a loss or consecutive losses. Trading does involve lots of trial and error and its just true that we do make out strategies basing up on the experience that we do had gained as we do go further. Strategies will change over time and its okay as long it do can make ourselves sustain on this market and changes is constant. Its up to someone on how they would deal up with it and how they would adopt and make advantage of it.
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Desmong
Member
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Crypto bookmaker and casino
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September 04, 2021, 08:45:39 PM |
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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.
You have written well! No trading strategy can stand the test of time because the market cycle tend to change with time and not everything that works yesterday will work today. Since the market is not fixed then our strategy should be considered for amendment with time. Many traders are not still aware of this and which is the main factors that is contributing to there loses because the market tend and patterns tend to change as time goes on.
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South Park
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September 04, 2021, 09:55:15 PM |
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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.
That is the way it is supposed to be, just as we do not expect the computer that we are using to last forever the same is true for our strategies, a strategy needs to change depending on the circumstances of the market, also another reason to change our strategies is that we also change, while in your youth you may be interested in getting the most profits that you can, once you become older you are way more interested in maintaining your capital and as such your strategy needs to change so you take less risks.
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Mr.Scott
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September 05, 2021, 05:03:11 AM |
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Exactly, there is no strategy that works forever, market patterns change based on human psychology. The test and fail method is the best solution, in this case, otherwise, the trader will watch how the market will trick him to buy on the bear trend with few fake breakouts.
There is no guarantee that market patterns will work every time. Could it just be a coincidence? In crypto, charts don't tell you anything. In the end, it's all about market sentiment, and that's strongly affected by government regulations. In order to survive in the market, we need to be practical rather than just following trends. There are tricks all around us, and most of them aren't willing to spend five minutes learning them.
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sumant
Copper Member
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September 05, 2021, 08:28:27 AM |
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Definitely trading strategy is not always same, it depends on market situation and other criteria. Any news will make market very venerable and we should ready for any changes. This crypto market situation changes really very fast we should ready to change our altocoins to stable coins. In this trading world wide volumes comes in or goes out be prepared and ready to take big profits and give minimum loss.
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Sweetbtc
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September 09, 2021, 06:23:58 PM |
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Recently the market dumps so much that many of the traders loss their money as you had seen before two to three days, what do you think the trader had changes their strategies or lose hope? They are two different things that if someone after loss in trading changes his strategy or lose his hope. It should be done with new way of trading.
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South Park
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 09, 2021, 07:43:32 PM |
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In fact, trading strategies are not fixed at all. You have to use different strategies all the time to make the setting. There is no end to what you know here. If you have good knowledge about trading then of course you have to trade But you must know the strategy. With the exception of some strategies in trading, there is no such strategy. You can also trade with your own strategy
Something as simple as that escapes the grasp of most newbie traders, the markets are not static and they evolve, so this begs the question, why some people think that their strategies can remain the same way forever and never have to change them despite the nature of the markets? And I do not really have a logical answer for that, I really think that they are simply being lazy by having that thought process and eventually the market will punish them because of it.
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BuNga_cute
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 09, 2021, 08:03:04 PM |
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In fact, trading strategies are not fixed at all. You have to use different strategies all the time to make the setting. There is no end to what you know here. If you have good knowledge about trading then of course you have to trade But you must know the strategy. With the exception of some strategies in trading, there is no such strategy. You can also trade with your own strategy
Something as simple as that escapes the grasp of most newbie traders, the markets are not static and they evolve, so this begs the question, why some people think that their strategies can remain the same way forever and never have to change them despite the nature of the markets? And I do not really have a logical answer for that, I really think that they are simply being lazy by having that thought process and eventually the market will punish them because of it. One of the reasons why many traders fail is because they don't try to change the strategies they use. In crypto trading, where trends change often, we must be able to use strategies that are in accordance with the current trend. Never force the strategy we use, if it proves to be a failure the strategy we use, must quickly find another strategy. The more varied the strategies we use, the easier it is for us to make a profit. Then never be afraid to try new strategies, because we really have to look for an effective strategy in generating profit.
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Fredomago
Legendary
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September 09, 2021, 10:19:41 PM |
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One of the reasons why many traders fail is because they don't try to change the strategies they use.
They are waiting thinking that the assessment that they've done will let them to earn; they trust too much with their applied strategy. In crypto trading, where trends change often, we must be able to use strategies that are in accordance with the current trend.
We need to keep adjusting with what the trends are showing up, mostly for short to mid term traders, since long-term holders most of the time won't be affected by changing market after setting their goals. Never force the strategy we use, if it proves to be a failure the strategy we use, must quickly find another strategy. The more varied the strategies we use, the easier it is for us to make a profit.
Keep trying and experimenting, you'll be able to find the right strategy that will fit from the current market run. Then never be afraid to try new strategies, because we really have to look for an effective strategy in generating profit.
In this changing market, finding the right blend and combinations of strategy are very important for your success. Don't be stuck, but be open-minded to challenge yourself by finding the perfect system that will work for you.
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Kasabus
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September 10, 2021, 07:07:53 AM |
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One of the reasons why many traders fail is because they don't try to change the strategies they use.
They are waiting thinking that the assessment that they've done will let them to earn; they trust too much with their applied strategy. In crypto trading, where trends change often, we must be able to use strategies that are in accordance with the current trend.
We need to keep adjusting with what the trends are showing up, mostly for short to mid term traders, since long-term holders most of the time won't be affected by changing market after setting their goals. Never force the strategy we use, if it proves to be a failure the strategy we use, must quickly find another strategy. The more varied the strategies we use, the easier it is for us to make a profit.
Keep trying and experimenting, you'll be able to find the right strategy that will fit from the current market run. Then never be afraid to try new strategies, because we really have to look for an effective strategy in generating profit.
In this changing market, finding the right blend and combinations of strategy are very important for your success. Don't be stuck, but be open-minded to challenge yourself by finding the perfect system that will work for you. We all have different trading strategies that will work for us but might not work for others. In that case, learn to explore the whole crypto market and keep trying all those strategies until you develop your own that will definitely work for you. But since the market itself keeps changing, so you have to adopt too to its fast changing rate. In this trading industry, we need to be more transparent and flexible too because its not all the time that trading will stay profitable. The market will never be constant for years so as much as we can, we can also be good in other aspects too like investing or hodling, and not just trading alone.
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kapalmabur
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 10, 2021, 08:43:00 AM |
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In fact, trading strategies are not fixed at all. You have to use different strategies all the time to make the setting. There is no end to what you know here. If you have good knowledge about trading then of course you have to trade But you must know the strategy. With the exception of some strategies in trading, there is no such strategy. You can also trade with your own strategy
Of course when the market goes down it is quite difficult of course to avoid losing money, that's how trading is full of risks and we must be smart in managing these risks, Changing trading strategies is also not an easy thing to do, especially for beginners
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LUCKMCFLY
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September 10, 2021, 09:20:28 PM |
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Some strategies are still in place and are currently being made, for now some whales stick to it, some are basic, the FUD, FOMO, Market manipulation, all this is what should be taken into account.
Currently in the market there are many ways to trade, there is a way that many traders are taking advantage of doing, and it is the purchase of NFT that for many is profitable, another way they are taking advantage of the market is through the purchase of tokens of The betatests, there are a variety of markets within the crypto world that are yet to be exploited and that is the variety there is, in these cases the trading strategies are much more modern, because it is usually short-term trading, with pre-sale, among others.
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TelolettOm
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September 10, 2021, 11:37:41 PM |
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Actually, it depends on what kind of trading strategy. Sometimes, the old strategy still works in certain coins and market conditions. It may be back again to the old strategy that we have ever used. I sometimes agree that a trading strategy should match the current condition of the market. However, the basic trading should be still the same. At least, we have analyzed it based on the chart and indicators and also fundamental terms.
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BuNga_cute
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September 12, 2021, 10:06:30 PM |
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One of the reasons why many traders fail is because they don't try to change the strategies they use.
They are waiting thinking that the assessment that they've done will let them to earn; they trust too much with their applied strategy. In crypto trading, where trends change often, we must be able to use strategies that are in accordance with the current trend.
We need to keep adjusting with what the trends are showing up, mostly for short to mid term traders, since long-term holders most of the time won't be affected by changing market after setting their goals. Never force the strategy we use, if it proves to be a failure the strategy we use, must quickly find another strategy. The more varied the strategies we use, the easier it is for us to make a profit.
Keep trying and experimenting, you'll be able to find the right strategy that will fit from the current market run. Then never be afraid to try new strategies, because we really have to look for an effective strategy in generating profit.
In this changing market, finding the right blend and combinations of strategy are very important for your success. Don't be stuck, but be open-minded to challenge yourself by finding the perfect system that will work for you. We all have different trading strategies that will work for us but might not work for others. In that case, learn to explore the whole crypto market and keep trying all those strategies until you develop your own that will definitely work for you. But since the market itself keeps changing, so you have to adopt too to its fast changing rate. In this trading industry, we need to be more transparent and flexible too because its not all the time that trading will stay profitable. The market will never be constant for years so as much as we can, we can also be good in other aspects too like investing or hodling, and not just trading alone. I agree with you, indeed everyone has a different trading style, so everyone's trading strategy is usually different. So the strategies used by others, are not necessarily successful when we use them. So never be lazy to try various strategies, look for the one that suits us best. After all, the market is very volatile and crypto trends are constantly changing, we must be able to adapt by always changing the trading strategies we use. It's not easy to make a profit from trading, it takes hard work and never give up when we fail. We can get success, because we can learn from our failures.
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Sasdy
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September 13, 2021, 07:31:53 AM |
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You also need to build on how well you know and what the practice is.
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iv4n
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September 13, 2021, 08:31:04 AM |
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Actually, it depends on what kind of trading strategy. Sometimes, the old strategy still works in certain coins and market conditions. It may be back again to the old strategy that we have ever used. I sometimes agree that a trading strategy should match the current condition of the market. However, the basic trading should be still the same. At least, we have analyzed it based on the chart and indicators and also fundamental terms.
A trading strategy should always match the current market conditions! Of course, for that, you need to know more than just basics, and in certain market conditions, you will know what kind of strategy to apply! How many strategies do you have in your head is what makes the difference between amateur and pro trading! I believe knowing more strategies is a must for daily (short) and mid-term traders... For long-run trades, it's ok to know the basics and to be patient, I think with these two anyone can try and be profitable, it's more for us amateurs!
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fullhdpixel
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September 13, 2021, 03:50:13 PM |
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A trading strategy should always match the current market conditions! Of course, for that, you need to know more than just basics, and in certain market conditions, you will know what kind of strategy to apply! How many strategies do you have in your head is what makes the difference between amateur and pro trading! I believe knowing more strategies is a must for daily (short) and mid-term traders... For long-run trades, it's ok to know the basics and to be patient, I think with these two anyone can try and be profitable, it's more for us amateurs!
Actually knowing the right type of strategy and sticking to it, is as important as finding new ones. There are both types of traders. One who finds new strategies and learns them to constantly improve their skills and be competitive with other traders. Then there are traders who just know a single strategy so well that they continuously work on it without looking around for new strategies and tools. For example ... someone good at day trading doesn't need to learn something new every day. Both types of traders are successful just knowing what's right for you is important.
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Fredomago
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 13, 2021, 09:17:55 PM |
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A trading strategy should always match the current market conditions! Of course, for that, you need to know more than just basics, and in certain market conditions, you will know what kind of strategy to apply! How many strategies do you have in your head is what makes the difference between amateur and pro trading! I believe knowing more strategies is a must for daily (short) and mid-term traders... For long-run trades, it's ok to know the basics and to be patient, I think with these two anyone can try and be profitable, it's more for us amateurs!
Actually knowing the right type of strategy and sticking to it, is as important as finding new ones. There are both types of traders. One who finds new strategies and learns them to constantly improve their skills and be competitive with other traders. Then there are traders who just know a single strategy so well that they continuously work on it without looking around for new strategies and tools. For example ... someone good at day trading doesn't need to learn something new every day. Both types of traders are successful just knowing what's right for you is important. Knowing what is right for you and how you will work on it. There are many types of traders who continually shared their own experiences, and it's up to you to whether to follow this strategy or you just get the logic behind and focus on how to make it work with your trading activities. Like how you gave your examples, day traders are focused on their strategy of finding moving coins and placing their position to where they think the market will favor them, While for mid and long-term traders, they are more on focusing on the developments and looking for good reason either news or updates that will possibly move the market.
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jossiel
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September 13, 2021, 09:24:24 PM |
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You also need to build on how well you know and what the practice is.
Practicing it is a must and that's what you have to do when you're making your own strategy. As you adapt with the changes, you need to have understanding on how it well works. Whichever works for you once you've come up with a strategy, test and see how effective it is with your trade style.
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