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Author Topic: Is it best to have a personal trading strategy?  (Read 2401 times)
Obari (OP)
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October 02, 2022, 05:54:27 PM
Merited by dataispower (1)
 #1

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

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October 02, 2022, 06:07:40 PM
 #2

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you do not have a trading strategy, how would you then make profit consistently? Every successful trader have strategies they are using. But you have to make sure that your strategies are working for you. If not working and see trading not easy, better to move to holding. But all successful traders have trading strategies which are helping them to make profit.

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October 02, 2022, 06:08:58 PM
 #3

It’s true,it may take some time for the analysis.The good traders will survive after a continuous loss for 4-5 years.If you quit the trading by few couple of losses,then you are not a good trader at all.All your loss is due to the some fake analysis.Trading is like a art,it need more time for the good profitable trade.It May force to loss some big amount,but the same trading will you ten times of profits from your investments.

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October 02, 2022, 08:41:49 PM
 #4

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
As long as the strategy is working for you and it's profitable, stick to it and it's up to you if you see that it's no longer working and you just keep on failing then there's a need to change it.

There's no need to seek validation when your strategy is working so you keep on doing it and try to be productive as much as you can.

So, whatever is that personal strategy that you've discovered, you continuously use it repeat if it's profitable and test until it fails then change it if it's only bringing you losses.

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October 02, 2022, 10:12:18 PM
 #5

It is good if you have your own strategy, but it's never harmless to incorporate some other people's ideas into your trading schemes. I myself am only copying other people's positions for the most part, but it is always up to me whether I'd stick to it or I'd stop it if I feel that my position isn't the best. Of course, you're not always in the greens all the time so it's best to gauge the market before employing your strategy or other people's strategy.

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October 02, 2022, 10:18:33 PM
 #6

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

It doesn't hurt to have a personal trading strategy, it enhances your understanding of the market and be able to fix it yourself when something went wrong or if you find your strategy is not fit for the current market situation.  Of course, it doesn't harm to have a peek at others' strategy and compare it to your self-made strategy.  Oftentimes, having reference and preference boost our self-made strategy because we might find out that other strategies have the fix for the possible problem of our own strategy.

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October 02, 2022, 10:37:45 PM
 #7

Having a personal strategy to trade the market with isn't an option but a requirement for every trader who hopes to make the most out of the many trades they put out on the market. Hey, don't get me confused with a professional or some one who is very good at trading right now because, that ain't me but, I just know, for you to have a high probability of success, its lways about going with what you know, what your familiar with and it could be about a particular trading pair. Same strategy doenst wor at all times on all trading pairs.
You've got to have a strategy and apply it to the right pair. Don't forget, the market changes so, you have to be watchful for when.
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October 02, 2022, 10:58:59 PM
 #8

If you have alot of time to make a trade and execute those learnings and knowledge investments regarding trading it is good to make your own strategy but if you don't have time and would like to let someone make a trade for you it is more suitable with the copy trading it is more less hassle but it depends on you because it is your funds and it is not good state too that you are letting someone trade for you that's why it is good to make sure their strategy if it is effective or not.

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October 02, 2022, 11:03:28 PM
 #9

Having a personal strategy to trade the market with isn't an option but a requirement for every trader who hopes to make the most out of the many trades they put out on the market. Hey, don't get me confused with a professional or some one who is very good at trading right now because, that ain't me but, I just know, for you to have a high probability of success, its lways about going with what you know, what your familiar with and it could be about a particular trading pair. Same strategy doenst wor at all times on all trading pairs.
You've got to have a strategy and apply it to the right pair. Don't forget, the market changes so, you have to be watchful for when.

Because at the end of the day, it is your money at stake. So it is indeed hard to rely on someone else's strategy.
You know better how to take care of your funds and minimize losses. But that would take effort from your side.
If you are into trading, much better if you are familiar with the coin or token that you are dealing with.
Because if not, you are just blindly following their trend and you can easily incur losses without learning its foundation.
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October 02, 2022, 11:48:12 PM
 #10

We've infinite numbers of strategies that can be used so it's better to have our own strategies to use, but even how many it is, they should be used at one time and I know you'll face how many sleepless nights of this and different struggles.

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
No, just learn about it and proceed to another strategy, there's no need to keep on it, if you've experienced losses that's not good to keep.
My suggestion is to learn one strategy at a time.

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October 03, 2022, 01:57:54 AM
 #11

It's cool to have your own personal strategy. But have you tested it? How much was the percentage of making profits than losing?
You should also monitor the details to justify that it works or else you will just be losing more leaving only with pride about keeping it and using it more.
Don't go emotional about your creation. If it doesn't work then trash it, make something new, or rely on others' strategies because some of them do work and were tried and tested already many times. Plus, it saves you some time.

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October 03, 2022, 02:58:14 AM
 #12

I'm quite confused by the intended personal strategy. doesn't every trader do that too? they create and implement strategies and trading plans that are indeed the most suitable and considered profitable for the trader.

OP, maybe you can share an example of a personal strategy you use. maybe it does not look common and is rarely used by traders in general. if you share it, maybe it will be more helpful to other traders who may just be learning to trade.


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October 03, 2022, 04:12:58 AM
 #13

If you do not have a trading strategy, how would you then make profit consistently?

There was a time I blindly traded on deriv Dtrader app and I made over 2k dollars in less than 48 hours, let me say out of luck, without having a personal strategy or using any strategy from anyone. Though I started with a $100 account which gave me an edge.

There are people who use others strategies to trade which also yielded great profit for them without having any personal strategy. I have also heard and seen people also say that using others strategies is even more better since it saves you more time and stress of having to figure out a personal strategy.

R


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October 03, 2022, 04:30:50 AM
 #14

Yes, and it pretty much apply to any other skill/profession/business. If you figure out your own (working) strategy and if it's actually the case that only you or a few number of people use the same (working) strategy, then chances are you can profit from it handsomely.

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October 03, 2022, 04:55:01 AM
 #15

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
You can not conclude one strategy is bad if you are not able to control yourself (emotion then decisions with entry, exit price and time to enter as well as time to exit).

You can not conclude one strategy is good if you only apply it a few days, a few weeks and see you are in profit temporarily. Because market will likely take all temporary profit away if you can not close your position at right time especially before big movements.

Personally, one strategy is considered as good if you obey all your own rules for that strategy, and you have net profit or net loss after more than 3 months. If after 3 months, it is good, you can continue to apply it in next 3 months. If net result after all 6 months is good enough, that strategy is good to use, at least for yourself.

Even if it is good, you should never put all capital into one account that is used by one strategy. Trading is risky than investment so you should use very few part of capital for trading.

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October 03, 2022, 06:45:42 AM
 #16

I have only one strategy to follow - buy low and sell high. Beyond that you are only increasing your own risks more than benefits. You could jump on new altcoins, ride the wave and still make money, but with added risks and in majority of cases you would be losing more than profiting.

Besides trying to hold on to shitcoins is like a roller coster that has only one peak which has been crossed.

Hence stick to bitcoin and keep altcoins limited while keeping a record of buy/sell points. It is a long drawn process but yeilds profits.

R


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October 03, 2022, 06:50:43 AM
 #17

Yes, and it pretty much apply to any other skill/profession/business. If you figure out your own (working) strategy and if it's actually the case that only you or a few number of people use the same (working) strategy, then chances are you can profit from it handsomely.
that's pretty good indeed. every person or business person does have a strategy for managing a business to make a profit.
but in crypto trading, is it all doable? I mean, some traders have almost the same way and technique of doing their trades. like what can be learned in trading.
is it possible that this personal strategy is just a modification of the technique in trading, which is considered the most appropriate for a trader?

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October 03, 2022, 07:42:17 AM
 #18

It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.

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October 03, 2022, 09:03:45 AM
 #19

If you do not have a trading strategy, how would you then make profit consistently?

There was a time I blindly traded on deriv Dtrader app and I made over 2k dollars in less than 48 hours, let me say out of luck, without having a personal strategy or using any strategy from anyone. Though I started with a $100 account which gave me an edge.
Remember I included 'consistently'. I remember the first time I traded like 3 years ago now, I gained very well, but not knowing how losses would follow and be maximized by derivative trading losses. I remember a time my trading fund supposed to be liquidated at just $1 remaining to liquidation price, like bitcoin at $19999 but liquidation at $20000, but followed by significant bear market which I was favoured, but I traded consistently at the time and I later lost great amount of money. Being a good trader is not about making money, but about making money consistently.

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October 03, 2022, 10:46:15 AM
 #20

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Yes you should have your own trading strategy because without that for sure you will just wander on exchange where you are not sure on what important things you need to execute. Also if you think following what others do like listening to trading coaches is enough for you well maybe you are in the wrong path because for sure this will not sustainable for you because you didn't learn anything from them.

So best to have self study and learn to trade on your own.

R


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October 03, 2022, 10:51:59 AM
 #21

Having a personal strategy would be beneficial because knowing what you want and how you are going to execute this idea so that if the strategy doesn’t work out with the current market, it is only you who would be responsible for it in these times a thing, it’s better to have that kind of acceptance every time you have a loss.

Personally I’m using a trading bot  that uses an optimized strategy and have been tested by multiple users, which is already a great benchmark. I think what you need to do is that you have to have multiple strategies for different markets so it’s better to determine where and what market are we in and then decide from there.

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October 03, 2022, 11:03:35 AM
 #22

That is what you always need a strategy owned by you where you manage risk and learn by the experience 😅 how to trade. I would like to say that if you don't own a personal Strategy then you are not a good trader all you need is Strategy works for you where you won't blame any signal provider. Signals sucks as short term profit and lead to a Major loss.

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October 03, 2022, 11:45:04 AM
Last edit: October 03, 2022, 06:41:55 PM by Obari
 #23



Thank you so much, but I was also trying to discuss this very topic with someone (a senior trader), and he told me something about copy trading, that even people who do mostly copy trading also have to take out some time to, first compare the works done by this traders, they wish to copy and by so doing, they're also making research indirectly, as to which trader they would want to copy for more accuracy and profitability.

Trading isn't actually for lazy minded people, as it requires a whole lot of research work, even while doing copy trading and why making those researches, the possibility of figuring out what works for you it's been achieved. And if at some points your strategy doesn't work, then there is no need continuing with such strategy, because the market is volatile and changes are bound to happen and as the changes happen you're expected to move with the trend.

R


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October 03, 2022, 01:13:20 PM
 #24

Yes I think having your own trading strategy is good rather than just relying on other’s techniques. Of course, you can adopt those trading techniques from others and incorporate it on your own.

Of course, no trading strategy is perfect. You’ve got to go through trials, challenges, fails, etc., before something really works. But of course no matter which strategy is it, the market is always the master and it can go up or down without warning.

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October 03, 2022, 01:32:44 PM
 #25

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
How about you just tweak the variable of certain strategy to fit your own playstle on trading? Rather than making your own strategy from scratch where it would probably just look the same as the other strategies but with lower probability to get profit.

The way I look at strategy is that it just depends on the situation of what happened in current day on that coin. You'd probably need multiple strategies to compensate those probabilities, rather than sticking to only one strategy you could miss out lot of opportunities to gain profit if you do so.

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October 03, 2022, 02:07:16 PM
 #26

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
(....)
The most important thing here is how you stick with your strategy, even if your strategy comes with other people or a lot of users using it.
Because strategies will not always work, that's why there is stop losses or risk management. It's like there is no 100% for everything, even how strong your strategy is.

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October 03, 2022, 02:18:45 PM
 #27

Yes I think having your own trading strategy is good rather than just relying on other’s techniques. Of course, you can adopt those trading techniques from others and incorporate it on your own.

Of course, no trading strategy is perfect. You’ve got to go through trials, challenges, fails, etc., before something really works. But of course no matter which strategy is it, the market is always the master and it can go up or down without warning.
When we trade thru experience eventually we will be able to determine what strategy works best in us. There will be time that we will listen to others but atleast we can weight in whether what they are saying is applicable since we do understand how different strategies may work. We must learn to adopt techniques depending on situation and having personal trading experiences will help us to determine what to do whenever the market is down or up or when there are issues in coins were trading in so we will not just depend in other to earn.

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October 03, 2022, 03:07:21 PM
 #28

It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.
I agree with you and indeed with a personal strategy at least it becomes an experience,
that way they continue to process and find their own trading strategy that suits them,
trading is not just about strategies to make big profits

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October 03, 2022, 07:15:01 PM
 #29

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you do not have a trading strategy, how would you then make profit consistently? Every successful trader have strategies they are using. But you have to make sure that your strategies are working for you. If not working and see trading not easy, better to move to holding. But all successful traders have trading strategies which are helping them to make profit.
You won’t be a good and profitable trader eventually if you don’t have proven strategies to win and make sustainable profits. The reason why successful traders develop their own skills and strategies in trading so they can make consistent trading profits. However, if you have strategies and you think it’s not working anymore, then try another one which you think will become an asset to you.

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October 03, 2022, 08:46:59 PM
 #30

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
Having personal strategy and sticking to it is very important, in crypto trading, one of the first thing you should do is having a strategy that work's for you, everyone is having different strategy, for example your own strategy might not work for me, the strategy you use that favors you might not work for me, if I use it I might endup losing money. If you don't have strategy in Cryptocurrency then you won't stay long in crypto space, having personal strategy those not mean you won't lose money, you just have to stick to it and try to make adjustments when needed.

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October 03, 2022, 08:59:26 PM
Last edit: October 03, 2022, 09:09:37 PM by Mahanton
 #31

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
It would be always that preferable rather than making yourself been following on others signals and analysis which you could really stand on your own without needing on someones help, but its not really that bad to
consider on looking on others analysis as well which you could really snip out some idea or ways which would be added up into yours.You should really be that versatile when it comes to trading strategies and analysis.
Its always been best that you arent really making yourself relying into other, make use of your own strategies which you do have gained from your real experience in the market.
This would really be involving lots of trial and error and keep yourself thriving on making good strategies on various situations or conditions.

R


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October 03, 2022, 09:31:09 PM
 #32

Just sticking to one strategy is not a good idea since it can't be perfect so you have to try other methods or strategies to find the best one. What works for one trader may not work for you, so be careful copying other trader's strategies. Instead of a personal trading strategy, I wanna call it a unique feeling of what, when, and how it will gonna happen. It can be a trend, pattern, timing, leverage, etc. After a few years in the trading world, the trader becomes more skilled with personal trading strategy/feeling market and the 10000 screen time rule proves why traders are asked for this experience. Just get that experience and make awesome bonuses on trading firms in case of you don't have enough capital to invest for life. Btw, there are similar threads on forexfactory to read for making my arguments clear if you wish to read.

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October 03, 2022, 09:44:17 PM
 #33

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
There is no trading strategy that always wins and never loses. Be it any kind of trading strategy, you will definitely lose. But from here we can consider whether the strategy actually works for us or not, namely by considering the percentage of losses and successes of the trading strategy. If it feels like you experience defeat more often, then something is wrong and there must be an evaluation and change. But this, who knows is ourselves, a personal approach in trading strategy is indeed a bit difficult, especially we must be able to evaluate our own strategy and decide what went wrong and what to do next.
And this, everyone, will be different. As long as we are comfortable with the trading strategy and make more profit, it will not matter whether it is a personal trading strategy or something else.

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October 03, 2022, 09:51:20 PM
 #34

Just sticking to one strategy is not a good idea since it can't be perfect so you have to try other methods or strategies to find the best one. What works for one trader may not work for you, so be careful copying other trader's strategies. Instead of a personal trading strategy, I wanna call it a unique feeling of what, when, and how it will gonna happen. It can be a trend, pattern, timing, leverage, etc. After a few years in the trading world, the trader becomes more skilled with personal trading strategy/feeling market and the 10000 screen time rule proves why traders are asked for this experience. Just get that experience and make awesome bonuses on trading firms in case of you don't have enough capital to invest for life.
Making our own strategy will certainly not work instantly and a reason why we have to do trial and error is that it takes time to develop in order to work it probably but along with that, we somehow spend a lot of money in order to get tested. Maybe it was not a problem if you really have enough money to spend doing this but if you don't have, following other strategies that had worked already seems ideal. For me, I'd rather make a choice of it rather than spend a lot of time and money making our own and also don't have any assurance that it will succeed.

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October 03, 2022, 11:20:32 PM
 #35

Having your own strategies is good for some reason. The market won't be the same all the time. When you get into trading there needs to be some buying point and selling point. Only the trading strategy can define it. At time the strategies followed by other traders won't be effective with us, because his asset and ours vary. Even if the trade ends in a loss, it won't cause mind disturbance. If the same loss happens on following someone's strategy it'll hurt.

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October 04, 2022, 07:26:18 AM
 #36

Having your own strategies is good for some reason. The market won't be the same all the time. When you get into trading there needs to be some buying point and selling point. Only the trading strategy can define it. At time the strategies followed by other traders won't be effective with us, because his asset and ours vary. Even if the trade ends in a loss, it won't cause mind disturbance. If the same loss happens on following someone's strategy it'll hurt.

As you said we do have to have our own trading strategy, if we trade following someone else's strategy we will most likely fail. That's because
the conditions, targets and also the capital we use will be different from others, so it's not necessarily suitable for other people's strategies
if we use them. Even if our strategy is successful, it is not certain that if it is used by others it will work too. Usually traders are successful,
it's because they have their own trading strategy.

Then another important thing is that the situation and market trends are always changing, so we also have to regularly update the strategies
we use, to be more effective and can give us big profits. Because we can't use the same trading strategy in the long term. For us to be able
to find the right strategy and can provide big profits, we usually have to do trail and error. So don't be afraid if at first our strategy doesn't go well,
later we slowly fix the wrong things in our strategy and finally it becomes an effective strategy.

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October 04, 2022, 07:40:20 AM
 #37

Having your own strategies is good for some reason. The market won't be the same all the time. When you get into trading there needs to be some buying point and selling point. Only the trading strategy can define it. At time the strategies followed by other traders won't be effective with us, because his asset and ours vary. Even if the trade ends in a loss, it won't cause mind disturbance. If the same loss happens on following someone's strategy it'll hurt.
In fact, whatever our steps are with our beliefs and with personal analysis, even if we end up losing, the disappointment will not be as big as if we follow other people's analysis. it is from our own mistakes that we can learn how later we will not repeat the same mistakes, so that later we will find our own trading style and will be able to enjoy trading more

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October 04, 2022, 08:02:35 AM
 #38

It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.
There are way too many people who do that, and that's the reason why there are more people losing money on trading than earning. There is a minority that is making all the money, and a majority who keeps on losing, and if someone leaves, another newbie takes their place and veterans take their money one by one.

If you know what trading is like, and if you have a working understanding of the trading indicators and charts, then you will know what to do and you will be able to make a profit. However, if you are a newbie and just trade stuff because you feel like it, or you read it somewhere on twitter, %99 chance you are going to lose all your money.

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October 04, 2022, 08:36:20 AM
 #39

Having your own strategies is good for some reason. The market won't be the same all the time. When you get into trading there needs to be some buying point and selling point. Only the trading strategy can define it. At time the strategies followed by other traders won't be effective with us, because his asset and ours vary. Even if the trade ends in a loss, it won't cause mind disturbance. If the same loss happens on following someone's strategy it'll hurt.
In fact, whatever our steps are with our beliefs and with personal analysis, even if we end up losing, the disappointment will not be as big as if we follow other people's analysis. it is from our own mistakes that we can learn how later we will not repeat the same mistakes, so that later we will find our own trading style and will be able to enjoy trading more

Not only that. No matter how good a trader you are. If you don't have your own strategy in trading then you can never be a successful trader. Because when you go to trade with your own strategy, you will understand if there is a mistake in your trading. And if there is a mistake, then by correcting it, you can become a successful trader. So it is better to have your own strategy in trading to become a successful trader.

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October 04, 2022, 12:05:24 PM
 #40

It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.
There are way too many people who do that, and that's the reason why there are more people losing money on trading than earning. There is a minority that is making all the money, and a majority who keeps on losing, and if someone leaves, another newbie takes their place and veterans take their money one by one.

If you know what trading is like, and if you have a working understanding of the trading indicators and charts, then you will know what to do and you will be able to make a profit. However, if you are a newbie and just trade stuff because you feel like it, or you read it somewhere on twitter, %99 chance you are going to lose all your money.
But I think newbies are prone to losses and that is because they really don't know what to do first. That is why it is not new for me to hear newbies got loss in trading but I see this as a sort of their improvement. And this will also help them to realize that trading is hard and risky if we don't have any idea about this and to follow someone is a little bit easier for them. Well, the idea is somewhat good for a beginner but never think of relying upon others forever as to make our own strategy is supposed to be the best thing to do.

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October 04, 2022, 03:56:22 PM
 #41

Oh yes, personal strategies are always best no matter what others would suggest. The thing is, abc strategy might be best for one person or the other but it may not work you or me as perfectly as it does for them. It’s very simple, their method of working, thinking, reasoning could be at another level while ours could be at another. With this said it’s always perfect to make your own strategies, build the logics and personal methods to trade in every day basis. Definitely it will be different than what you do or gain in the current method.
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October 04, 2022, 10:36:58 PM
 #42

Oh yes, personal strategies are always best no matter what others would suggest. The thing is, abc strategy might be best for one person or the other but it may not work you or me as perfectly as it does for them. It’s very simple, their method of working, thinking, reasoning could be at another level while ours could be at another. With this said it’s always perfect to make your own strategies, build the logics and personal methods to trade in every day basis. Definitely it will be different than what you do or gain in the current method.
Nothing beats out on the strategy that you do solely invented or made on rather than on being relying into others analysis and strategy.Make yourself that stand alone
and independent so that you would able to handle yourself when it comes to various situations or conditions in the market.You cant really make yourself sustainable if you are just following
someone when it comes to tips and signals.We are all speculators on here and there's no way that you could really take advantage if you've decide to
follow someone.Better make your own and continue to enhance and improve yourself overtime.
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October 04, 2022, 11:28:12 PM
 #43

It's either you copy-trade or have your own strategy depends on what strategy would give you most of the profit and it's not always like what they've said. You choose your own copy-trade or a combination of different strategy then you'll have a unique one strategy and I wouldn't say it's the best since it depends on what strategy you would use to maximize the profit. It's all about the profit in the end and choosing the best way to maximize it.

Newbies might not be aware of this but the best strategy is to discover it through yourself by studying different types of strategy used in trading.

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October 04, 2022, 11:45:11 PM
 #44

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
You know.some traders are having a good strategy in hand but they lack discipline lon how to use it effectively which is one of the reasons why many traders keep making the same mistakes over and over again without taking a look at what they are doing whether it really effective to their trading lifestyle.
If you have a good strategy then we just ha e to stick to it so that we can at least be a custome to it and sometimes greed can come in to scatter our prospect of being a trader. Let's keep our eyes on the right part when we trade and don't try to make all profit at once.

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October 05, 2022, 01:19:04 AM
 #45

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Trading using your own strategy is a must, many newbies try trading by using the strategy that they got from an influencer or another Internet website, however they do not verify if the strategy they are using actually works over the long term.

Not only that, as you stated once you have a winning strategy the most important thing is to stick to it, and this is way easier when you are using your own strategy which you created on your own and which you verified that it works.

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October 05, 2022, 10:06:18 AM
 #46

Having your own method is beneficial, but incorporating other people's concepts into your trading plans is never a good idea. Most of the time, I merely imitate other people's positions, but I always have the option to change course if I believe my position isn't the greatest. It's better to assess the market before using your approach or someone else's technique since, of course, you're not always in the black.
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October 05, 2022, 12:33:45 PM
 #47

Having your own method is beneficial, but incorporating other people's concepts into your trading plans is never a good idea. Most of the time, I merely imitate other people's positions, but I always have the option to change course if I believe my position isn't the greatest. It's better to assess the market before using your approach or someone else's technique since, of course, you're not always in the black.
It is not about incorporating concepts but we use others' ideas to make our own and make them even better. In fact, I'd learn trading by watching online tutorials, I copy their method and strategies in trading. But I'd see that was an effective strategy to follow that is why I'd leveled it up and created my own. Maybe for some reason, we retain those ideas we've learned from others and I never find it wrong as long as it works well, and we are comfortable with it.

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October 05, 2022, 02:24:46 PM
 #48

But, why will you create a strategy if you won't stick with it? That will be a waste of time but better if you can just use that time to seek for others strategy since you will still end this way later on. Once we have obtained some strategies it is also important to stick with for a long time even if there are times where it won't go well because it's also normal to have a bad time but as long as those losses are recoverable and you still end up with some profit then it is an example of working strategy.

I notice that many people are quickly jumping from one start to the other and they complain that every strategy that they try doesn't work. They didn't knew that the problem is them and not the strategy.

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October 05, 2022, 11:02:50 PM
 #49

There must be some personal strategy while trading. You can always make huge profits with your personal strategy even after using all the strategies that the trading platform has.Technical analysis should not always be used but some analysis or strategy should be used.And the market doesn't always move in the same and regular way sometimes it moves erratically and that's where we use our own strategy.

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October 06, 2022, 02:37:28 AM
 #50

There must be some personal strategy while trading. You can always make huge profits with your personal strategy even after using all the strategies that the trading platform has.Technical analysis should not always be used but some analysis or strategy should be used.And the market doesn't always move in the same and regular way sometimes it moves erratically and that's where we use our own strategy.
yes, I am sure every trader has a personal strategy. but what is the probability of success of the strategy used? or how small is the risk?
I do not use personal strategies for trading. or am I still too stupid in trading?
only use analysis like most other traders share on youtube and social media channels.
luckily, only a few small losses I made from the trades I made.

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October 06, 2022, 04:15:04 AM
 #51

Every trader in the trading world has some unique trading strategies. A trader does not lose his reliance on those strategies even if he loses. But he has to be consistent with that strategy and the market trend. And if you are following someone else's strategy then you are more likely to lose. But you need to understand how logical the other's strategy is. If you continue to rely on your strategy, success may not come in the short term but can be expected in long term but dependency on others strategies are not make you happy in trading business.


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October 06, 2022, 04:45:53 AM
 #52

Quote
There must be some personal strategy while trading. You can always make huge profits with your personal strategy even after using all the strategies that the trading platform has.Technical analysis should not always be used but some analysis or strategy should be used.And the market doesn't always move in the same and regular way sometimes it moves erratically and that's where we use our own strategy.

I agree with you, apply your personal strategy in trading will really help you to feel the positive side of the market, because many professional traders are use to their personal strategy to maintain profits making in the market. Since, we are still experiencing bearish season in the market, I think it will be favourable for you to apply your personal strategy to buy coins and hold until the bullish season appear before you can sell to make a huge amount of money. I believe,it will be difficult for traders to miss their opportunity in this season, because the price is still low for traders to prepare ahead of a brighter future.

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October 06, 2022, 09:13:03 PM
 #53

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
It really depends on the strategy you are currently using. If it’s proven that makes your trading successful, then stick to it. But if you are consistently losing in trading, then maybe you should try a new strategy that will work on you. However, it’s not only your own good strategy that matters, sometimes your own attitude too in trading matters the most. Always be patient and stay away from greed, that way you will never bound to create mistakes and losses.

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October 06, 2022, 09:44:59 PM
 #54

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you are a good trader, you will never rely for other trader’s strategy to work on you. Have your own working strategy because that will be your source of strength and future success. However, there are certain strategies that never work for long. If you are already seeing losses every time you trade, that maybe a sign that your strategy is not working anymore. It’s either you build and develop a new strategy, or create a new positive outlook that will help you become more focus and determine to win in trading.

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October 06, 2022, 10:44:07 PM
 #55

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you are a good trader, you will never rely for other trader’s strategy to work on you. Have your own working strategy because that will be your source of strength and future success. However, there are certain strategies that never work for long. If you are already seeing losses every time you trade, that maybe a sign that your strategy is not working anymore. It’s either you build and develop a new strategy, or create a new positive outlook that will help you become more focus and determine to win in trading.
Making yourself independent would be the wisest thing to be done on which you wouldnt really be that relying into others strategy and analysis which means that you could really stand on your own.
Its not bad to look into others analysis but dont rely on it, you could snip out some ideas but in the end of the line, you should really be basing on the things that you had analyzed.
Its not simple though but this is something that you could really able to rely on for long term.You cant really just have that be dependent on other
people most of the time.
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October 06, 2022, 11:39:55 PM
 #56

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Professional traders must have some personal strategy and continue trading with that personal strategy.It is not always possible to trade with technical and fundamental strategies, of course there is an emergency need for own personal strategy trading platform.Otherwise, trading in this market can never be sustained and money cannot be profited even in short time.

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October 06, 2022, 11:43:38 PM
 #57

I developed my own trading strategy from the numerous ones available on the internet, I made some adjustments and amendment based on concepts and ideas obtained from other strategy to suit my personal style of trading and stick to it having tested it via demo trading, so far it's has yeilded  positive results, though there is no perfect strategy however, applying money management helps to recover losses incurred while trading, I detest the idea of picking a trading strategy at a time as well as dropping dropping it without enough period of testing to determine it efficacy and efficiency this is very common with newbies in trading.

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October 06, 2022, 11:46:45 PM
 #58

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

Personal strategy is the strategy that was built based on your experience. It does necessary to have your own rather than rely on others' strategies as we have different approaches to our trading actions. It also means that you are now getting a good experience which is why you ended up creating your own strategy.

Obviously, don't stick with a single strategy as there are lots of trends and situations that we will encounter while doing trades. You need lots of it to accompany you on the different trends that you'll encounter on the way.

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October 06, 2022, 11:59:31 PM
 #59

Having a personal strategy of course will be important to ensure that you have been aware and ready for the position. However, there is a process to setting the personal strategy. I mean that personal strategy may be arranged from some sources, from learning from others, from learning from our own experiences previously. We cannot avoid other people's tactics or strategies or even experiences becoming one of the best ways for us to make certain considerations, then, it is conformed to our own trading ways and methods.
However, a personal strategy on trading for me will probably also change depending on the market condition. But so far, I know that my personal strategy in trading is still not really good, still in the learning process.

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October 07, 2022, 04:00:39 AM
 #60

Having a personal strategy of course will be important to ensure that you have been aware and ready for the position. However, there is a process to setting the personal strategy. I mean that personal strategy may be arranged from some sources, from learning from others, from learning from our own experiences previously. We cannot avoid other people's tactics or strategies or even experiences becoming one of the best ways for us to make certain considerations, then, it is conformed to our own trading ways and methods.
However, a personal strategy on trading for me will probably also change depending on the market condition. But so far, I know that my personal strategy in trading is still not really good, still in the learning process.

It is very important to have a personal trading strategy, because it will help us to be able to generate maximum profit. If we rely on other
people's strategies, of course, it is not effective, because what is good for other people is not necessarily good for us. Sometimes everyone
also has a different situation, choice and target, this will definitely affect the strategy we will use. That's why we really have to try to have
a personal trading strategy that fits what we need, but it takes a long process for us to find a personal trading strategy that really fits what
we need.

In fact, we have to experience several trials and errors, to finally find an effective personal trading strategy for us to use. Sometimes we have
to learn from other people's strategies, or even learn from every failure we experience when trading. What is certain is that we do have to be
patient to find a personal trading strategy that is effective and good for us. The learning process to find the right strategy for us is a tough one.
Most people usually give up before finding a strategy that works for them. So never give up and keep trying, surely in the end we will find a good
strategy for trading. That's why to become a successful trader is not easy and the risk is high.

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newdevices
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October 07, 2022, 06:37:27 AM
 #61

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Professional traders must have some personal strategy and continue trading with that personal strategy.It is not always possible to trade with technical and fundamental strategies, of course there is an emergency need for own personal strategy trading platform.Otherwise, trading in this market can never be sustained and money cannot be profited even in short time.
after all trading must also have your own personal strategy or even better you don't have to follow other people just to trade,
traders also have their own ways even the ones they use for analysis are also different,
if you understand technical analysis it's better to do your own trading strategy because it will make you comfortable.
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October 07, 2022, 10:18:42 AM
 #62

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

For me I'd rather stick to my own personal strategy in trading than to do copy trading in other trading platforms. Yes, copy trading is profitable and you do nothing but copy other's people approach, however, there's no benefit on it aside from making profits, lucky if it's always. What I mean is, personal trading strategy has a lot more room for growth compare to copy trading.

It's okay to failed, no matter how many times it is, you failed because you're trying, and when you're trying it means you could be better, and that's what gonna brings a lot of profit for you in the future, so just keep on grinding.
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October 07, 2022, 03:39:03 PM
 #63

Having your own method is beneficial, but incorporating other people's concepts into your trading plans is never a good idea. Most of the time, I merely imitate other people's positions, but I always have the option to change course if I believe my position isn't the greatest. It's better to assess the market before using your approach or someone else's technique since, of course, you're not always in the black.
It is not about incorporating concepts but we use others' ideas to make our own and make them even better. In fact, I'd learn trading by watching online tutorials, I copy their method and strategies in trading. But I'd see that was an effective strategy to follow that is why I'd leveled it up and created my own. Maybe for some reason, we retain those ideas we've learned from others and I never find it wrong as long as it works well, and we are comfortable with it.
That's a good way of becoming a good trader. You could find what people do, and change it just enough to make it better for your own personality. People think that there is a single way of everyone making profit and they are trying to find that, but in reality there isn't one at all. We are all different people and that means we are going to end up with a different result in the long term, and that's going to be something a lot better if you could configure your strategy to whatever you are like.

I personally do not even trade that much, I just invest, but when trading I try to make it quick, even 1 satoshi profit after all costs is fine for me to leave, and keep repeating that as many times as I can.
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October 07, 2022, 11:39:27 PM
 #64

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

For me I'd rather stick to my own personal strategy in trading than to do copy trading in other trading platforms. Yes, copy trading is profitable and you do nothing but copy other's people approach, however, there's no benefit on it aside from making profits, lucky if it's always. What I mean is, personal trading strategy has a lot more room for growth compare to copy trading.

It's okay to failed, no matter how many times it is, you failed because you're trying, and when you're trying it means you could be better, and that's what gonna brings a lot of profit for you in the future, so just keep on grinding.
Copy trading is mostly into those noobs or who are just new into the market which doesnt really care or mind much about on sustaining themselves on long term thats why they do really end up on this option.
Yes,its true that it is the most simplest way since you arent doing doo much work and dealing with technical things but of course they'll soon realize on what are the things that they must do.
You cant just having that copying behavior like forever on which you would really be finding yourself on needing to learn up at least so that you would really be that
independent and wont really be that relying into others signals or trades.

R


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October 07, 2022, 11:46:32 PM
 #65

Honestly, while we are doing trades continuously, it's automatic thing that we will be able to create our own personal trading strategy. It is something that we can form without any realization that we are able to create one. It's because we are gaining more knowledge in training and we work on doing solutions for every problem we will encounter.

Yes, it's best to have your own personal trading strategy.
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October 08, 2022, 06:33:38 AM
 #66

personal trading strategies are acquired through a long process so gain a lot of experience and find solutions to his own trading problems. sometimes someone tries many trading strategies and looks for the best, but actually I think it's best to maintain our psychological stability, that way we can launch our strategy well, but indeed a personal trading style must be found to be able to enjoy trading itself

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October 08, 2022, 07:52:49 AM
 #67

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

My core trading strategy I have been using for more than 5 years now. I started with it back when I was only buying and selling stocks and some bonds. Eventually when moving into the crypto world I gave it a try to trade cryptos similar to stocks and found out that the price patterns seem very similar. My strategy at the moment based on a few different technical indicators, including High/Low prices over the last 30 days, moving average prices for 7 and 30 days and the traded volume. It's not a guarantee to make money and I have even made quite a few bad trades over the years. But I usually come always back to a similar strategy. After a bad trade I switch around the time frames, and instead of looking 30 days numbers I switch to 60 or 90 days to look for different trends. For me it is good to have a fixed system in place to rely upon, it helps calm my nerves and I worry less about when to sell and when to buy.
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October 08, 2022, 01:21:49 PM
 #68

Oh yes, personal strategies are always best no matter what others would suggest. The thing is, abc strategy might be best for one person or the other but it may not work you or me as perfectly as it does for them. It’s very simple, their method of working, thinking, reasoning could be at another level while ours could be at another. With this said it’s always perfect to make your own strategies, build the logics and personal methods to trade in every day basis. Definitely it will be different than what you do or gain in the current method.
However, building our own strategy that will work on us takes time. There are times that we only followed those strategies that have been proven effective to other traders, but still when we come to use it, the outcome differs. So it only means that certain strategy is not fit for us, and we should always keep digging and testing until we come up with a good strategy that will definitely make us profitable through successful trading.

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October 08, 2022, 05:49:30 PM
 #69

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
But of course, everyone has different temperament and that shows without any hindrance during trading. Each to their own and that's why it's highly advisable for every trader to develop their own trading plan. Look at this scenario, if all traders were to use the same pattern or even follow a particular trade signal, trust me there are still some that won't make the same level of profit from it as others. I'm talking of the same trade signal handed over to different traders. With time, I've learnt not to use default settings of any indicator I fancy. I must tweak and find my own setting. So far so good, I rely most times on my trading plan and if I've to take anybody's call it must align with mine. Otherwise, I stick to mine.

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October 08, 2022, 11:38:17 PM
 #70

personal trading strategies are acquired through a long process so gain a lot of experience and find solutions to his own trading problems. sometimes someone tries many trading strategies and looks for the best, but actually I think it's best to maintain our psychological stability, that way we can launch our strategy well, but indeed a personal trading style must be found to be able to enjoy trading itself
take a simplest methode that suitable with our character and mentality, trading type.alot trading system' developted there ,but it could different with our character so maybe could not generate profit. I am agree psychology be number one in trading ,it Will make us really patience waiting best position with entry level and also controling our mental while suffering loss.


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October 08, 2022, 11:44:08 PM
 #71

personal trading strategies are acquired through a long process so gain a lot of experience and find solutions to his own trading problems. sometimes someone tries many trading strategies and looks for the best, but actually I think it's best to maintain our psychological stability, that way we can launch our strategy well, but indeed a personal trading style must be found to be able to enjoy trading itself
Sure, owning a personal trading strategy isn't an easy thing, it must require a lot of experience through trading activities for years. That's why I think a personal trading strategy is for an experienced trader only. Newbies won't have a chance to find their personal strategies. Regarding psychological stability, it is a difficult matter to have psychological stability, even a mature person doesn't guarantee to have psychological stability. If it is a key factor for a person to find his own strategy, so it will be very few people who have the ability to own personal trading strategies. I don't know whether psychological stability has that very crucial role or not, but surely it is something good to achieve.


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October 10, 2022, 01:04:09 AM
 #72

I think if you can earn and make a living from trading then the answer is Yes , because enhancing our  capability to learn and trade is something others cannot do so why stick to something that you can make an upgrading?

and we are talking about profiteering here so everything that can bring us more income is of course best to use.

Personal trading strategy is not that I have now but love and willing to use once I fully understand the trading world in crypto. things that until now I don't master .

personal trading strategies are acquired through a long process so gain a lot of experience and find solutions to his own trading problems. sometimes someone tries many trading strategies and looks for the best, but actually I think it's best to maintain our psychological stability, that way we can launch our strategy well, but indeed a personal trading style must be found to be able to enjoy trading itself
take a simplest methode that suitable with our character and mentality, trading type.alot trading system' developted there ,but it could different with our character so maybe could not generate profit. I am agree psychology be number one in trading ,it Will make us really patience waiting best position with entry level and also controling our mental while suffering loss.
good advice , this is the problem about those who wanted to trade, they are only seeking for easier method but the truth is? did not suit them at all.

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October 10, 2022, 10:49:06 AM
 #73

A strategy is must to have a successful trading career. Your strategy should align with your goals and your behaviour. Be consistent. And don’t rely on the strategy of others as they might not work for you.
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October 10, 2022, 11:17:51 AM
 #74

A strategy is must to have a successful trading career. Your strategy should align with your goals and your behaviour. Be consistent. And don’t rely on the strategy of others as they might not work for you.
Consistency is important whether you have a personal strategy or you're just copying the strategy of others. Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.

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October 10, 2022, 12:23:06 PM
 #75

A strategy is must to have a successful trading career. Your strategy should align with your goals and your behaviour. Be consistent. And don’t rely on the strategy of others as they might not work for you.
Consistency is important whether you have a personal strategy or you're just copying the strategy of others. Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.
from experience it will teach us many things, we can understand mistakes that should not be made, by honing skills continuously and learning from experience, then we will automatically be able to find trading strategies that can make us enjoy when trading. not everyone can do something like this, because most of them are not able to go through the learning process that will lead us to consistent profit

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October 10, 2022, 05:44:06 PM
 #76

Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.
If you stick to a working strategy for so long as long as it's working, what then happens when it completely stops to work trial and error comes in. As a trader it is best to first understand what ever strategy used be it personal or copied then when it stops working it will be easier to make adjustment to suit the present market changes.

In as much as every trader uses a strategy improving on those strategy makes one better than the other. No strategy will ever work for ever, in my own opinion i believe review, update and consistent visit of strategy is important
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October 10, 2022, 07:52:47 PM
 #77

Consistency is important whether you have a personal strategy or you're just copying the strategy of others. Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.
from experience it will teach us many things, we can understand mistakes that should not be made, by honing skills continuously and learning from experience, then we will automatically be able to find trading strategies that can make us enjoy when trading. not everyone can do something like this, because most of them are not able to go through the learning process that will lead us to consistent profit
In the long run, that's the result of being experienced. You'll get the knowledge that you haven't got when you're still a newbie in trading. That will sort out things on how it happened and what you can do to avoid it from not happening.
The learning you'll get based on the process of trading will make you a better trader, as you formulate a strategy or someone's strategy being used and it's working, that's what matters with all of it. Because even if some are trying to apply what they know as a strategy, it's just not enough and there's the reality that trading might not be for them.

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October 10, 2022, 09:23:52 PM
 #78

Consistency is important whether you have a personal strategy or you're just copying the strategy of others. Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.
from experience it will teach us many things, we can understand mistakes that should not be made, by honing skills continuously and learning from experience, then we will automatically be able to find trading strategies that can make us enjoy when trading. not everyone can do something like this, because most of them are not able to go through the learning process that will lead us to consistent profit
In the long run, that's the result of being experienced. You'll get the knowledge that you haven't got when you're still a newbie in trading. That will sort out things on how it happened and what you can do to avoid it from not happening.
The learning you'll get based on the process of trading will make you a better trader, as you formulate a strategy or someone's strategy being used and it's working, that's what matters with all of it. Because even if some are trying to apply what they know as a strategy, it's just not enough and there's the reality that trading might not be for them.
Experience would be the best teacher on which you would really be definitely able to acquire up these things on the time that you do continue on engaging with trading.Its not bad on looking on others analysis or ways
because you are really that accumulating for you to apply into your own analysis.Its always been okay on being independent rather than on making yourself be that depending on others methods.
You would really be finding out for yourself on how sensible on having your own strategy and you could really create your own analysis which you can depend or rely on.
Most noobs wouldnt really be considering on doing this initially but instead they would really be having that copy trading.

R


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October 10, 2022, 10:01:55 PM
Merited by fillippone (2), mvdheuvel1983 (2), Lida93 (2)
 #79

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.



Yes, having a personal strategy is really important because it is the first and most significant step to achieving success in life, whether it be in a career or in self-realization. You will learn how to reach your goals with the least amount of time and effort as you create a personal approach. Once you select your particular approach and it is successful, I believe you will have no trouble finding for alternatives.but it not working out you need to follow others strategies to make it work out, it is not necessary to stick to it.

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October 10, 2022, 10:35:37 PM
 #80

A strategy is must to have a successful trading career. Your strategy should align with your goals and your behaviour. Be consistent. And don’t rely on the strategy of others as they might not work for you.
Consistency is important whether you have a personal strategy or you're just copying the strategy of others. Once you're set and you're doing it, just be consistent and keep doing it until there's an error and it's no longer working.
But if it's working, keep on hustling with that strategy that you've been using, and don't change anything until it's not effective anymore to you. That's the key to making yourself profitable with whatever strategy that you do when you trade. You'll learn a lot of it more when you're doing it and gain more experiences.
from experience it will teach us many things, we can understand mistakes that should not be made, by honing skills continuously and learning from experience, then we will automatically be able to find trading strategies that can make us enjoy when trading. not everyone can do something like this, because most of them are not able to go through the learning process that will lead us to consistent profit
Some people when they hear about crypto they just want profit without going through the process,
but that's the fact it's like that and sometimes there are people who just get in the middle of the road and then just give up,
There are many things you must have if you really want to be successful

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October 11, 2022, 03:18:01 AM
 #81

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.



Yes, having a personal strategy is really important because it is the first and most significant step to achieving success in life, whether it be in a career or in self-realization. You will learn how to reach your goals with the least amount of time and effort as you create a personal approach. Once you select your particular approach and it is successful, I believe you will have no trouble finding for alternatives.but it not working out you need to follow others strategies to make it work out, it is not necessary to stick to it.
There are many benefits to using your own strategy to trade the markets, most people only think on the economic benefits but the benefits way go beyond that, one of them is confidence, if you trade using the strategy of someone else even if you are successful you are still only using what someone else investigated and researched, but if you are earning profits with your own strategy this will give you the confidence not only to trade the markets, you will also get confidence in many other aspects of your life as you will know that you are extremely capable, because as we know earning profits in the market is not something easy to do.
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October 11, 2022, 03:54:10 AM
 #82

Quote
I developed my own trading strategy from the numerous ones available on the internet, I made some adjustments and amendment based on concepts and ideas obtained from other strategy to suit my personal style of trading and stick to it having tested it via demo trading, so far it's has yeilded  positive results, though there is no perfect strategy however, applying money management helps to recover losses incurred while trading, I detest the idea of picking a trading strategy at a time as well as dropping dropping it without enough period of testing to determine it efficacy and efficiency this is very common with newbies in trading.

I agree with you, applying your own strategy in crypto trading will really help you to understand so many things in the market, because there are two things you will surely meet in crypto market, which are profit and loss. If you have tested losses in the market you will not like to experience it again than to apply your personal strategy that will lead you to profits making at the end of the market. If you can use your own strategy to buy in this bearish season and hold for the market price to change in future before you can sell, it will really help you to achieve something good from the market in future.

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October 11, 2022, 09:38:01 AM
 #83

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin.

For most of the time, bitcoin is the best asset on the market that allows you to make a decent profit. The strength of your capital will determine the amount of profit earned, but of course for a higher risk. I don't have a specific trading strategy, but buying on the dip and accumulating it over the long term is the best option.

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October 11, 2022, 10:53:31 AM
 #84

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin. ..

"Sell at the maximum price and buy at the minimum" is not a trading strategy, since this is the basic rule of trading, which should ensure profit. But in this case, the conditions that precede the opening or closing of a transaction, as well as the risk of the transaction and its term, are considered for the trading strategy. Accordingly, different interpretations generate a huge number of trading strategies, and each trader in this case can develop an individual one.

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October 11, 2022, 10:10:25 PM
 #85

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin.

For most of the time, bitcoin is the best asset on the market that allows you to make a decent profit. The strength of your capital will determine the amount of profit earned, but of course for a higher risk. I don't have a specific trading strategy, but buying on the dip and accumulating it over the long term is the best option.

If we trade bitcoin, it will certainly be safer than other altcoins that have low volume and high volatility. But if you have little funds, trading on bitcoin is certainly not the right choice because you can only get a small profit, but if you trade a new altcoin and the fundamentals are very good, of course it will multiply your money. It should be noted that all trades have their respective risks, if you are still a beginner it is better to trade safely.

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October 12, 2022, 01:11:28 AM
 #86

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin. ..

"Sell at the maximum price and buy at the minimum" is not a trading strategy, since this is the basic rule of trading, which should ensure profit. But in this case, the conditions that precede the opening or closing of a transaction, as well as the risk of the transaction and its term, are considered for the trading strategy. Accordingly, different interpretations generate a huge number of trading strategies, and each trader in this case can develop an individual one.
Correct, that is the goal but how do you achieve something like it? That is the real problem as that is what we would call a strategy, but many traders simply do not see the difference, which is why we see the majority of them losing their money to the markets.

And while it is disappointing to see many people losing their money in that way, at the same time if it was not because of them then it would be impossible for the rest of the traders to obtain any profits.

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October 12, 2022, 02:50:18 AM
 #87

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin.

For most of the time, bitcoin is the best asset on the market that allows you to make a decent profit. The strength of your capital will determine the amount of profit earned, but of course for a higher risk. I don't have a specific trading strategy, but buying on the dip and accumulating it over the long term is the best option.

If we trade bitcoin, it will certainly be safer than other altcoins that have low volume and high volatility. But if you have little funds, trading on bitcoin is certainly not the right choice because you can only get a small profit, but if you trade a new altcoin and the fundamentals are very good, of course it will multiply your money. It should be noted that all trades have their respective risks, if you are still a beginner it is better to trade safely.
choosing a new asset to trade is sometimes too risky. due to market fluctuations that are still very fast. not yet a project that is still not going well. because what happens in the market is just a short hype that the community creates.
even with a small capital, I think it will be safer to trade altcoins which already have a strong market. it will be safer than trading new altcoins.

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October 12, 2022, 08:07:05 PM
 #88

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

As long as it works perfectly for you, sticking to only one type of trading strategy is not a bad notion. People frequently stick to a specific strategy, not because they don't want to earn more money like others who diversify their approaches, but rather because they are afraid to taking a risk. Although being willing to take risks in trading is a trait of a competent trader, if you don't diversify your skills, you can't become an expert in the field you claim to know.

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October 12, 2022, 08:37:43 PM
 #89

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

As long as it works perfectly for you, sticking to only one type of trading strategy is not a bad notion. People frequently stick to a specific strategy, not because they don't want to earn more money like others who diversify their approaches, but rather because they are afraid to taking a risk. Although being willing to take risks in trading is a trait of a competent trader, if you don't diversify your skills, you can't become an expert in the field you claim to know.
No one becomes professional or being experience into those people who had just been relying into others analysis.You wouldnt really make yourself able to learn up lots of things if you arent the ones who would really be

doing such stuffs.You are basically that dependent on others analysis which when the time comes where these sources is gone, then what would you do next? since you dont have the knowledge and awareness
on what you had done just because you are just following then you would really be just basically wandering around with zero knowledge.

Having your own would be the best thing which you could really stand on your own and made out analysis without others help.

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October 12, 2022, 08:45:50 PM
 #90

The personal trading strategy I have in mind is to buy on the dip and wait for the market to bounce. Price fluctuations will help you make a profit but of course the best recommendation is on bitcoin rather than altcoin.

For most of the time, bitcoin is the best asset on the market that allows you to make a decent profit. The strength of your capital will determine the amount of profit earned, but of course for a higher risk. I don't have a specific trading strategy, but buying on the dip and accumulating it over the long term is the best option.
It is definitely something people use all the time, because there are crashes and bull runs on bitcoin at all times, it is not quick, but it does happen and we have seen it go up x5 and go down %50+ and repeat this a few times already.

If you invested even just 1000 dollars back in before 2014 price increase, and sold at the top, and bought at the bottom and kept repeating that, you would have millions of dollars right now. Which means bitcoin is more than enough, if you can find a decent altcoin like ETH then that would be fine too but the lower you go in the rankings, the higher the risk goes so it is definitely not something I would suggest.

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October 12, 2022, 11:41:10 PM
 #91

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

As long as it works perfectly for you, sticking to only one type of trading strategy is not a bad notion. People frequently stick to a specific strategy, not because they don't want to earn more money like others who diversify their approaches, but rather because they are afraid to taking a risk. Although being willing to take risks in trading is a trait of a competent trader, if you don't diversify your skills, you can't become an expert in the field you claim to know.
Unless if you're going to do the old-fashion which is buying and selling high because a single form of trading strategy can not work perfectly as the cryptocurrency market is concerned because we are talking about the most volatile market in the world which can choose a certain momentum without knowing any possible reason for it.



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October 12, 2022, 11:43:15 PM
 #92

In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.

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October 13, 2022, 02:45:32 PM
 #93

If you can arrange it, then it would be great. If you cannot, then the better option would be putting a bit of time into checking every single strategy you find, that way you would be able to do whatever you want to do, and you would still have options.

There are so many options available online, you can pick one, and trade with that and see how it does. Also, it is important to realize that during bear markets there won't be that many things that would make sense, but in other markets there are situations where it would make a bit more sense, that would be a lot better. This is why something that doesn't work today, could be perfect when we are in bull run.

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October 14, 2022, 06:16:42 AM
 #94

If you can arrange it, then it would be great. If you cannot, then the better option would be putting a bit of time into checking every single strategy you find, that way you would be able to do whatever you want to do, and you would still have options.

There are so many options available online, you can pick one, and trade with that and see how it does. Also, it is important to realize that during bear markets there won't be that many things that would make sense, but in other markets there are situations where it would make a bit more sense, that would be a lot better. This is why something that doesn't work today, could be perfect when we are in bull run.
Finding the right one that works for you will take time, but it would be easier to do during a bull run as well. During a bull run there are a lot of people who would be making money and I believe that it would make sense, and at that point it is smarter to just join in on the fun and make some sort of profit based on whatever you feel like is the best for you during the bull run.

Most of the time you will make a profit anyway, because it's bull run and everyone does, but to find that works you for the best. During bear run it is smarter to stay away, just do DCA and long term and wait for the bull to start, because everyone is losing money during bear period anyway.
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October 15, 2022, 02:33:54 AM
 #95

If you can arrange it, then it would be great. If you cannot, then the better option would be putting a bit of time into checking every single strategy you find, that way you would be able to do whatever you want to do, and you would still have options.

There are so many options available online, you can pick one, and trade with that and see how it does. Also, it is important to realize that during bear markets there won't be that many things that would make sense, but in other markets there are situations where it would make a bit more sense, that would be a lot better. This is why something that doesn't work today, could be perfect when we are in bull run.

We all have our strategies to earn cryptocurrency in this industry. Now, it's really up to us how we manage it correctly so that the result is good. And we indeed have many options in this matter.

However, it is still different when we are in a bull run as a crypto trader, because the movement of income seems to be faster compared to the bear market in my view and opinion. Unlike the bear market, it is difficult to maintain a good profit in our daily life, so there are still others who know about crypto trading.

.
SPIN

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TheUltraElite
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October 18, 2022, 11:00:54 AM
 #96

In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.
The major strategy is same, buy low and sell high. Beyond that we cannot make new strategies on our own, because these are time tested methods to profit from a speculative market.

Surviving on trading should not be the motive here. Trading will give you profits in between with gradual surges but there will not be any continuous profits.

In either case, keep your strategies limited. Otherwise you will get overwhelmed. In spot, not much thought needs to be given to this, rather repeatedly doing the right trade is important.

R


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Lanatsa
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October 18, 2022, 11:55:54 PM
 #97

In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.
The major strategy is same, buy low and sell high. Beyond that we cannot make new strategies on our own, because these are time tested methods to profit from a speculative market.

Surviving on trading should not be the motive here. Trading will give you profits in between with gradual surges but there will not be any continuous profits.

In either case, keep your strategies limited. Otherwise you will get overwhelmed. In spot, not much thought needs to be given to this, rather repeatedly doing the right trade is important.
Buy low Sell high is the main concept when doing trading and it is just traders who do really add up some indicators for them to make out some analysis basing up on their trades and this is where results or outcomes

will vary since each one of us does have a trading style.Its better to have your own personal or totally having the knowledge on doing so which you would really be making yourself that independent

and doesnt really rely with others signals and speculative approach.You cant really be that assuring that you do make money but at least you do
it on your own way.

R


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October 19, 2022, 09:14:14 AM
 #98

If you can arrange it, then it would be great. If you cannot, then the better option would be putting a bit of time into checking every single strategy you find, that way you would be able to do whatever you want to do, and you would still have options.

There are so many options available online, you can pick one, and trade with that and see how it does. Also, it is important to realize that during bear markets there won't be that many things that would make sense, but in other markets there are situations where it would make a bit more sense, that would be a lot better. This is why something that doesn't work today, could be perfect when we are in bull run.

We all have our strategies to earn cryptocurrency in this industry. Now, it's really up to us how we manage it correctly so that the result is good. And we indeed have many options in this matter.

However, it is still different when we are in a bull run as a crypto trader, because the movement of income seems to be faster compared to the bear market in my view and opinion. Unlike the bear market, it is difficult to maintain a good profit in our daily life, so there are still others who know about crypto trading.
When the bull run is a good time to make a profit by selling potential coins,
whereas when a bear market many people take advantage of the moment to buy some potential coins and hold them,
apart from that actually it depends on each strategy

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Zanab247
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October 21, 2022, 02:39:10 PM
 #99

Using personal strategy to trade is like driving your personal car in a long journey with a little fuel to get to your destination. Since we are still experiencing bear season in the community, it will really help you to know so many things in the crypto market when you involve your personal strategy to carry out your crypto trading in the market. Just try your possible best to apply personal strategy in this season so that you will know that is more favourable to use personal strategy to trade in the market to experience income than using other people strategy to trade in the market

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October 21, 2022, 09:25:34 PM
 #100

Using personal strategy to trade is like driving your personal car in a long journey with a little fuel to get to your destination. Since we are still experiencing bear season in the community, it will really help you to know so many things in the crypto market when you involve your personal strategy to carry out your crypto trading in the market. Just try your possible best to apply personal strategy in this season so that you will know that is more favourable to use personal strategy to trade in the market to experience income than using other people strategy to trade in the market
I don't know how is that personal trace he was saying, but then when I started trading it is just a basic understanding that when are going to buy a coin it should be a little bit cheaper and you will sell it at high price, it would be great if he knew and he know how to read charts even the basic chart reading through candlestick can help everyone, I survive my trading with this knowledge.
Experience would be your best teacher and this is much more better rather than making yourself been relying into others which its never been that ideal on doing so.
Just make yourself do learn on things along the way via those real time engagement which is something i would say to be worth rather than on relying on others signals.
Its always been best to be independent but its not really bad to listen into others speculations so that you would really be adding up into your knowledge.
Dont rely and make your trading decisions on your own which it cant really be giving out that kind of regret.
DoublerHunter
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October 21, 2022, 10:23:05 PM
 #101

In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.
^Personal strategy is very useful when you start your own research and apply it in your trading activity.
As I can see, it is definitely right, having your own technical and fundamental trading strategies are the best asset in trading because it is sure you know how to forecast the price by using your own. So now the problem is to test how accurate it is and if working is not working 4-5 times, that is not a good strategy which is you lose consistently and need it to change. As for the question of the OP, yes, it ios good to have your own personal strategy.
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October 22, 2022, 06:40:12 AM
 #102

When the bull run is a good time to make a profit by selling potential coins,
whereas when a bear market many people take advantage of the moment to buy some potential coins and hold them,
apart from that actually it depends on each strategy
That is exactly how some people become rich, and it looks overnight to certain people as well who fails to do it.

Last time we had it in 2021 when the prices went up, I had a friend who was holding coins since 2018, he kept on buying more and more of them, and since they were really cheap he bought a lot of them as well, ETH was as low as 100 dollars and less for a while before that, and went as high as over 4k+ just to give one example, if you invested 10k dollars into that, you would have 400k+ dollars, and that's just one example. He collected for 2+ years, and when the time comes his 20-30k dollar investments became millions of dollars and that wasn't too hard, just buy and hold.

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October 23, 2022, 10:37:46 PM
 #103

When the bull run is a good time to make a profit by selling potential coins,
whereas when a bear market many people take advantage of the moment to buy some potential coins and hold them,
apart from that actually it depends on each strategy
That is exactly how some people become rich, and it looks overnight to certain people as well who fails to do it.

Last time we had it in 2021 when the prices went up, I had a friend who was holding coins since 2018, he kept on buying more and more of them, and since they were really cheap he bought a lot of them as well, ETH was as low as 100 dollars and less for a while before that, and went as high as over 4k+ just to give one example, if you invested 10k dollars into that, you would have 400k+ dollars, and that's just one example. He collected for 2+ years, and when the time comes his 20-30k dollar investments became millions of dollars and that wasn't too hard, just buy and hold.

Well, there is something that I have learned, and it is that through some books that I have read, it has made me know that some very famous merchants, from the era of the years 1800-1900, they operated with technical analysis, but in their base personal, sometimes, only sometimes they paid attention to what they could sense could happen, this is something very strange, but a very famous trader that strategy worked for him, so intuition is something very personal, sometimes in trading It works, and despite the fact that it is something very crazy, or something that not everyone would do, but if there is that personal conviction, I think it could give him a lot of money, I think that counts as a very personal strategy.

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October 23, 2022, 11:15:55 PM
 #104

Last time we had it in 2021 when the prices went up, I had a friend who was holding coins since 2018, he kept on buying more and more of them, and since they were really cheap he bought a lot of them as well, ETH was as low as 100 dollars and less for a while before that, and went as high as over 4k+ just to give one example, if you invested 10k dollars into that, you would have 400k+ dollars, and that's just one example. He collected for 2+ years, and when the time comes his 20-30k dollar investments became millions of dollars and that wasn't too hard, just buy and hold.

That's the fruit of patience however not anyone can do that. Might sound simple but in reality that was hard to do. Unless they afford to risk decent money while at the same time having that strong patience to wait for years, that should do.

Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
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October 23, 2022, 11:23:15 PM
 #105

Having a personal strategy may be very good, but, what kind of personal strategy? are we able to arrange such effective personal strategy that really works well and profitably? If we are still lack, trying other people strategy may be also helpul. from the experiences, we can then try to start our own strategy based on the evaluation of the practices itself. having experiences will be really useful and helpful fornus to start what kind of strategy that are conformed to our trading activities. for, each person may have different or same strategy. do only what you can learn and do that will lead you to gain more profits with minimum losses.
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October 24, 2022, 08:54:23 PM
 #106

Having a personal strategy may be very good, but, what kind of personal strategy? are we able to arrange such effective personal strategy that really works well and profitably? If we are still lack, trying other people strategy may be also helpul. from the experiences, we can then try to start our own strategy based on the evaluation of the practices itself. having experiences will be really useful and helpful fornus to start what kind of strategy that are conformed to our trading activities. for, each person may have different or same strategy. do only what you can learn and do that will lead you to gain more profits with minimum losses.
You are the ones who would really be needing to create those strategy of yours and this is why it would really be involving lots of trial and error for you to find out on those strategy that would fit you.
Its always been better to have your own trading strategy on which you would able to stand on your own without following someones feet or path.Somehow, getting some ideas
on other traders wont really be that bad and would be applied into yours because this would really broaden up your knowledge. Just be versatile
and do all things which you do seem to be right or according into your own preference.

R


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jossiel
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October 24, 2022, 10:27:16 PM
 #107

Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
This reality should sink in for most. The strategies are there and ready to be applied but when we come into the actual thing, that's barely met and followed.

It's true that executing or applying it is harder in that process because we thought and claiming that it's an easy thing. But another problem might exist upon doing it.

And that's why people are telling whatever is working the best for you, you keep that and continue your way by determining what works easily.
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October 24, 2022, 10:41:53 PM
 #108

Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
This reality should sink in for most. The strategies are there and ready to be applied but when we come into the actual thing, that's barely met and followed.

It's true that executing or applying it is harder in that process because we thought and claiming that it was an easy thing. But another problem might exist upon doing it.

And that's why people are telling you whatever is working the best for you, you keep that and continue your way by determining what works easily.

There are plenty of strategies that we could learn but not all of them would apply to us. We can only be a single strategy that would fit our target profit and the period that we want to trade.

Some traders prefer applying only the basics which is to buy low and to sell high but you can make things more effective and efficient if you'll learn continuously and be knowledgeable about technical analysis. If you can read the charts, you'll have an idea about your next move.
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October 24, 2022, 11:28:01 PM
 #109

Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
This reality should sink in for most. The strategies are there and ready to be applied but when we come into the actual thing, that's barely met and followed.

It's true that executing or applying it is harder in that process because we thought and claiming that it was an easy thing. But another problem might exist upon doing it.

And that's why people are telling you whatever is working the best for you, you keep that and continue your way by determining what works easily.

There are plenty of strategies that we could learn but not all of them would apply to us. We can only be a single strategy that would fit our target profit and the period that we want to trade.

Some traders prefer applying only the basics which is to buy low and to sell high but you can make things more effective and efficient if you'll learn continuously and be knowledgeable about technical analysis. If you can read the charts, you'll have an idea about your next move.
The basic is actually the best one.

But those that want to expand their knowledge and to experience it, they can choose with the variety of strategies that they can see from other traders.

Reading the chart is part of it and that's the next step from being the basic trader, it's a step up to learn how to read the charts and then so on learning the more complex strategies that requires more time.
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October 24, 2022, 11:30:52 PM
 #110

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

Having a personal trading strategy is a lot better rather than copying or relying on someone to trade. You personally know the risk if you have a strategy of your own and you can adjust it everytime you learn something new. Like my experience in trading whatever strategy I use that I saw on youtube videos, I still come back to my own style of trading since that's where I'm comfortable and able to make profit cautiously.
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October 25, 2022, 06:18:41 AM
 #111

Using personal strategy to trade is like driving your personal car in a long journey with a little fuel to get to your destination. Since we are still experiencing bear season in the community, it will really help you to know so many things in the crypto market when you involve your personal strategy to carry out your crypto trading in the market. Just try your possible best to apply personal strategy in this season so that you will know that is more favourable to use personal strategy to trade in the market to experience income than using other people strategy to trade in the market
The fuel should be the money that you put in trading. It is low fuel if you put low amounts but full tank if you put massive amounts but unlike driving a real car, more fuel or money in trading can be very risky because the exchange might get hack or the exchange can control your funds. You can also lose it personally if you are weak in trading. In what way a bear can help a trader?

I guess it's when the traders aren't actively trading in bear but they can use that spare time to seek for a better strategy right? In conclusion, it wasn't totally wrong to follow other starts but we should also have our own original start and we will use it more often than them.

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October 30, 2022, 04:23:58 PM
 #112

In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.
Having a personal strategy is really important in trading.If you don't have any personal strategy then you will never achieve anything good there.And whenever you can use a personal strategy to become successful, you can feel that you have achieved something good in your life.So instead of always using this technical technique, sometimes it is better to think about being successful by using personal techniques in some cases.

In my personal opinion, each person has their way of seeing the trade, and sometimes these people have the correct vision of the market, for me things can turn out like this, I currently consider that I lack more security to determine what can happen in the market. market, that is why it is so difficult for me to operate in BTC and in the crypto market, there are many fundamentals, they can be developed or not, but I think that everything that is happening in the world is very new, and we are seeing the reactions of the markets Given these new events, where there are many rumors of war, it is more difficult for BTC to achieve an overwhelming bullish trend.

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October 30, 2022, 05:18:51 PM
 #113

Sometimes I would choose the option when a trader uses an already worked out, ready-made strategy - this can be more profitable and safe. At least, this option seems to me quite correct.

No strategy is 100% effective, and trading with someone else's strategy can be risky. You will be able to get more secure results when you create a strategy and use it for trading by researching the market in detail. So it is important to educate yourself first, otherwise no matter how many strategies you bring and use, you may see a huge downfall.

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November 01, 2022, 11:39:24 PM
 #114

It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.
There are people that have more than one strategies and fluctuate between them, and still Make loses.
And what's the essence of trading when I'm not making profit but rather be painfully making mistakes with hopes of learning from them which I would have learnt from the mistakes of others and possibly practice it on a demo  account before moving it to a real live account.
I really don't see this very act as wise because I have seen people who also Mae alot of profits without any stress and just choose to copy the trades of others either through copy trading apps or direct mentorship.

R


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Sebas.tian
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November 02, 2022, 03:36:20 AM
 #115

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Having a personal strategy may be very good, but, what kind of personal strategy?

Buy coins when the price is low in the market and sell when the price is high in the market is the best strategy many traders has been using to make profits from their investments. Applying this strategy to your long term trading in the community, it will really help you to minimize losses, and to maximize in profits making in the community. I think, many successful traders stick to their personal strategy to became who they are today in the community, because they focused on their personal strategy than others traders strategy.

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November 02, 2022, 08:33:28 PM
 #116

Quote
Having a personal strategy may be very good, but, what kind of personal strategy?

Buy coins when the price is low in the market and sell when the price is high in the market is the best strategy many traders has been using to make profits from their investments. Applying this strategy to your long term trading in the community, it will really help you to minimize losses, and to maximize in profits making in the community. I think, many successful traders stick to their personal strategy to became who they are today in the community, because they focused on their personal strategy than others traders strategy.
Buy low Sell high indeed but it wont really be simple as it sounds as you would really be needing to do lots of analysis and other factors which you would really be needing to do  to make your strategy a little more better.

Its really always been good if you do have your own trading ways or strategy rather than on making yourself relying into others strategy.You should really be the one on making on where you could create on your own

and as you do go further or gaining more experience, you would eventually make those strategies to be more enhanced and you could easily make out adjustments
on possible scenarios or conditions that you might faced on.

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November 04, 2022, 11:59:37 PM
 #117

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
This is a big tool to most successful traders we have in the market since the crypto market is huge with diverse coins to trade depending our interest so far. Personal trading strategy can be amended to suit the market whenever things goes wrong or when the market is in another phase. This will help us to keep to rules and play a good role to us having a better timing and working towards our goal.
One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.

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November 05, 2022, 01:00:08 PM
 #118

One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
All of the strategies that you'll try in trading will have to be evaluated by you as you're the one who tests and tries it.

And if it's not showing good results, you just evaluate it that it's not for you and you have to try another strategy that will work perfectly for you.

Just keep on testing strategies that could be the best for you as you trade it personally and work on it as your personal strat to work with.



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November 05, 2022, 02:09:44 PM
 #119

I guess it's when the traders aren't actively trading in bear but they can use that spare time to seek for a better strategy right? In conclusion, it wasn't totally wrong to follow other starts but we should also have our own original start and we will use it more often than them.
If there is a newbie who doesn't know what to do and fine with losing, that’s going to be a newbie who will learn how to make profit eventually. Unfortunately, I have met with more newbies who are not fine about losing, and claim that bitcoin and crypto is a big scam to steal everyone’s money as soon as they join and start losing money.

I have been in crypto for nearly 10 years now, and I have lost insane amount of money so far, like literally life changing amount of money, because I didn't hold my coins, and I have lost some trading, and I have lost some investing too, but made more than I lost, so I am doing fine, having a blast specially for the past 5 years. Be like the first newbie, not the second one.

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November 05, 2022, 02:53:55 PM
 #120

One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
All of the strategies that you'll try in trading will have to be evaluated by you as you're the one who tests and tries it.

And if it's not showing good results, you just evaluate it that it's not for you and you have to try another strategy that will work perfectly for you.

Just keep on testing strategies that could be the best for you as you trade it personally and work on it as your personal strat to work with.

Yup! it's only you who can say if the strategy that you are using will work or if you need to adjust and change it from time to time.

A lot of patterns you can look upon but it's always depending on how you take your position and how you execute your strategy.

More on self-assessment and how will you keep improving your strategy to a much better and fit with your trading styles.
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November 05, 2022, 05:06:41 PM
 #121

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
This is a big tool to most successful traders we have in the market since the crypto market is huge with diverse coins to trade depending our interest so far. Personal trading strategy can be amended to suit the market whenever things goes wrong or when the market is in another phase. This will help us to keep to rules and play a good role to us having a better timing and working towards our goal.
One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
No. Strategy is not a tool but it was also called a strategy. An example of tool is a trading bot. Each traders are using a strategy but newbies could likely rely in others strategy while successful traders do only rely on their own and that is why they became successful.

It's better to have two or more strategies which work in different market conditions so that we can be able to continue making a profit. Personal strategy or copied strategy, evaluating it is important so that we will know if it's still working or not but we shouldn't dispose it right away. We need to set aside it for a while and use the other strategy. Sometimes strategies needs a rest too like us humans.

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November 05, 2022, 09:50:29 PM
 #122

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
This is a big tool to most successful traders we have in the market since the crypto market is huge with diverse coins to trade depending our interest so far. Personal trading strategy can be amended to suit the market whenever things goes wrong or when the market is in another phase. This will help us to keep to rules and play a good role to us having a better timing and working towards our goal.
One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
No. Strategy is not a tool but it was also called a strategy. An example of tool is a trading bot. Each traders are using a strategy but newbies could likely rely in others strategy while successful traders do only rely on their own and that is why they became successful.

It's better to have two or more strategies which work in different market conditions so that we can be able to continue making a profit. Personal strategy or copied strategy, evaluating it is important so that we will know if it's still working or not but we shouldn't dispose it right away. We need to set aside it for a while and use the other strategy. Sometimes strategies needs a rest too like us humans.
When we do talk strategy then you would really be needing some tool.Its connected but totally that different in meaning thats why you should really know on what you are dealing with.

Its okay to see others perspective and others strategy but it would be always be that good to create your own.When it comes to tools and other aspects then it could really be seen and could be used
online and everything is almost provided.

It is really just varying on how you would really make use of it and put up some analysis on it this is why results could really vary person to person.

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November 06, 2022, 07:44:48 AM
 #123

It's true that the analysis could take some time. Even after four to five years of nonstop losses, good traders will still be around. You are not at all a good trader if you give up after just a few losses. Your entire loss was caused by some fictitious analysis. Trading is an art, and it takes time to make a good, lucrative trade. It may require you to lose a significant sum of money, but the same trade will return 10 times your investment in profits.
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November 06, 2022, 10:12:05 AM
 #124

When we do talk strategy then you would really be needing some tool.Its connected but totally that different in meaning thats why you should really know on what you are dealing with.

Its okay to see others perspective and others strategy but it would be always be that good to create your own.When it comes to tools and other aspects then it could really be seen and could be used
online and everything is almost provided.

It is really just varying on how you would really make use of it and put up some analysis on it this is why results could really vary person to person.

The results will differ even if two different people use the same strategy. Because a lot depends on the people themselves, as people decide on the entry point and when to sell. Even when they look at the chart, they can see different figures on the same segment of the chart, I have seen more than once how one segment is discussed by different traders, it even comes to an argument, so you understand how different trading results can be.

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November 06, 2022, 01:16:12 PM
 #125

One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
All of the strategies that you'll try in trading will have to be evaluated by you as you're the one who tests and tries it.

And if it's not showing good results, you just evaluate it that it's not for you and you have to try another strategy that will work perfectly for you.

Just keep on testing strategies that could be the best for you as you trade it personally and work on it as your personal strat to work with.

Yup! it's only you who can say if the strategy that you are using will work or if you need to adjust and change it from time to time.

A lot of patterns you can look upon but it's always depending on how you take your position and how you execute your strategy.

More on self-assessment and how will you keep improving your strategy to a much better and fit with your trading styles.
It's easy to assess ourselves if the strategies we're testing are working for us but if not, it's better to stop it but keep on finding the strategy that will suit your way of trading.

Don't give up if you want to be a profitable trader because not everyone will be someday and it's not that easy. Those who don't give up and find their best strategies to adopt are the ones who are likely to make from it.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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November 06, 2022, 09:40:28 PM
 #126

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I would not see myself lasting in trading if it weren’t for my personal working strategy. Of course it’s a very big help knowing you have to deal with an uncertain market plus the inevitable negative news that suddenly affect the market, you have to stick to your own strategy to keep you going in trading. Otherwise, if you only rely from others strategies like copy trading, you will never grow and able to sustain trading once the bad days are in.

Currently I am doing a personal strategy with a compendium of many techniques, I say that it is a technique because I am doing short-term trading, and whenever the plot is changed, from medium- or long-term trading to very short-term trading. short-term, it is something that always has its impacts, besides I am not doing short-term trading of crypto or BTC, I am doing it in forex because it has a more consolidated volume and has a very peculiar behavior, the volatility is not much, it can that some theoretical things work faster in this type of market, what happens is that I have not been able to reach my total personal set.

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November 07, 2022, 12:18:44 PM
 #127

It's true that the analysis could take some time. Even after four to five years of nonstop losses, good traders will still be around. You are not at all a good trader if you give up after just a few losses. Your entire loss was caused by some fictitious analysis. Trading is an art, and it takes time to make a good, lucrative trade. It may require you to lose a significant sum of money, but the same trade will return 10 times your investment in profits.

This is a good philosophy many traders should follow it, keep your losses as small as possible while trying to maximise our profits. When it comes to trading, losses are not always lost money. As long as we are confident in a coin we can keep holding it and wait for the market to turn around. The general market risk in the crypto markets is very large, when bitcoin is falling in price than it will pull down most of the alt coins with it. As long as we make a higher profit when the prices are recovering than we are in a good position. It also can have benefits to sell coins at a loss, we won't have to pay taxes and reduce our tax liabilities in another trade. Losing is always part of trading and investment, but who is not trying and doesnt join the market has a 0% chance of making a profit.
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November 08, 2022, 02:40:41 AM
 #128


It is best to develop a personal trading strategy. Everyone has different trading habits and methods, and the strategies used must be adapted to market conditions and gain enough experience in trading to find a strategy that works for you. So it's better to teach yourself and learn to trade on your own.
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November 08, 2022, 06:01:05 AM
 #129

Currently I am doing a personal strategy with a compendium of many techniques, I say that it is a technique because I am doing short-term trading, and whenever the plot is changed, from medium- or long-term trading to very short-term trading. short-term, it is something that always has its impacts, besides I am not doing short-term trading of crypto or BTC, I am doing it in forex because it has a more consolidated volume and has a very peculiar behavior, the volatility is not much, it can that some theoretical things work faster in this type of market, what happens is that I have not been able to reach my total personal set.
That is a smart decision because in the end if the market is so volatile then so should we. If you have a strategy that changes based on what you see at that moment in the market, and what your needs are, and what the news are saying and all of that combined, that means you will be able to change according to wherever it is going.

People who are stuck at just one strategy could make money when things are going well, but when things are at unexpected levels that means they are not going to end up with any profit at all and would be losing a lot because they didn't expect it. I respect your decision to have a flexible method because it sounds like it could work out much better for any trader.
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November 08, 2022, 10:31:54 AM
 #130

One of the problems of personal trading strategy is that it need to be evaluated constantly to cross check if it is still active for a better analysis.
All of the strategies that you'll try in trading will have to be evaluated by you as you're the one who tests and tries it.

And if it's not showing good results, you just evaluate it that it's not for you and you have to try another strategy that will work perfectly for you.

Just keep on testing strategies that could be the best for you as you trade it personally and work on it as your personal strat to work with.

Yup! it's only you who can say if the strategy that you are using will work or if you need to adjust and change it from time to time.

A lot of patterns you can look upon but it's always depending on how you take your position and how you execute your strategy.

More on self-assessment and how will you keep improving your strategy to a much better and fit with your trading styles.
It's easy to assess ourselves if the strategies we're testing are working for us but if not, it's better to stop it but keep on finding the strategy that will suit your way of trading.

Don't give up if you want to be a profitable trader because not everyone will be someday and it's not that easy. Those who don't give up and find their best strategies to adopt are the ones who are likely to make from it.
To find a strategy that suits us of course it requires a process because after all it is not easy,
don't give up easily and be patient, I think it's a must-have for traders who are looking for a strategy that suits them,
most importantly just enjoy the process

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November 08, 2022, 07:32:36 PM
 #131

Currently I am doing a personal strategy with a compendium of many techniques, I say that it is a technique because I am doing short-term trading, and whenever the plot is changed, from medium- or long-term trading to very short-term trading. short-term, it is something that always has its impacts, besides I am not doing short-term trading of crypto or BTC, I am doing it in forex because it has a more consolidated volume and has a very peculiar behavior, the volatility is not much, it can that some theoretical things work faster in this type of market, what happens is that I have not been able to reach my total personal set.
That is a smart decision because in the end if the market is so volatile then so should we. If you have a strategy that changes based on what you see at that moment in the market, and what your needs are, and what the news are saying and all of that combined, that means you will be able to change according to wherever it is going.

People who are stuck at just one strategy could make money when things are going well, but when things are at unexpected levels that means they are not going to end up with any profit at all and would be losing a lot because they didn't expect it. I respect your decision to have a flexible method because it sounds like it could work out much better for any trader.
You should really be versatile and we know this market could really changed up its behavior in a snap which means if you do stick out with single or one strategy then you could easily be fucked up and this is why

it would be more wiser if you do really create your own personal strategy and dont tend to copy from others but its not bad to get some idea and awareness at least on whats happening around.

Dont make yourself be too reliant on others analysis because they are really just still speculations too came out from their own assessment and trying out
on making one.This is why its not really that something worth off to follow.

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March 20, 2023, 02:40:23 AM
 #132

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Sticking to a trading strategy helps one become more confident in the space with backups strategy to bounced back to the mark whenever a loss is recorded. Moreover the existence of my personal trading strategy comes from top traders in the market because in this space, one is entitled to have a mentor that will show you the crucial basics concerning of the market. So I derived my strategy from pro and it's really giving aides for me in the market. Personal trading strategy is profitable as long you're experience and capable of taking easy on the market during losses. One thing is to innovate a trading strategy, the other is adapt to it at all costs.

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March 20, 2023, 04:24:16 AM
 #133

It is very important to know something by yourself rather than depending on others. If you know less about your skills than others then that is also a big deal. There is no substitute for self-knowledge when it comes to trading. If you want to succeed in trading then you must know. There are many people who always wait for the signal of others and take trades based on that signal. It will never bring anything good for your trading.

I myself used to join a signal telegram group and when different coins from that group gave signals I used to buy those coins but there was a time when I followed those signals. I faced a lot of losses, so since then I have no decision if I need to do something in life, then I will do it by myself and not by depending on others. Since that urge I have been trying to learn about trading till now. And I've moved forward a lot, hoping to learn more about it in the future

.
SPIN

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Obari (OP)
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March 20, 2023, 05:27:38 AM
 #134

One thing is to innovate a trading strategy, the other is adapt to it at all costs.

I'm glad you got the point and I love this your last quote "one thing is to innovate a Trading strategy, and the other is to adapt to it and most traders especially the newbie traders are always in a rush to join the train of those owning strategies maybe just for the sake of answering same name as to owning a strategy.
My major problem is how long do people really stick to their strategies and when do one has to regard a strategy as a failed one because I personally trash an strategy that persistently brings me losses over profits because I'm in the market to make money not loss them.

R


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TheUltraElite
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March 20, 2023, 03:41:44 PM
 #135

My major problem is how long do people really stick to their strategies and when do one has to regard a strategy as a failed one because I personally trash an strategy that persistently brings me losses over profits because I'm in the market to make money not loss them.
The buy low sell high method does not fail. Execute it properly and at multiple levels and watch your profits come in.

It is true that many people keep talking about strategies and all but mostly it is just guts to keep the buy low sell high concept on and running. The more you try to hunt for methods and strategies the more you realize that people are only trying to fool you. Trading is very simple if you follow the above method.

The difficult part is patience and the grit to keep holding through a bear run.

R


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Huppercase
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March 20, 2023, 05:12:00 PM
 #136

Trading does not have the best strategy, as long as it is making profits, I'm fine with it. A trader could be usimg Ichiokwu and some moving average (MA) lines and some may choose to use only the trend lines to indicate support and resistance and with that, there trade set up is completed. Some traders will tell you that too much indicators on your screen can mislead you but all this depend on what you used as a trader, if it is working for you and you are making profits, you should stick to that rule, if you try and copy others tradr, you may lose all your money.

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Zilon
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March 20, 2023, 06:56:32 PM
 #137

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Synthetic indices have always seemed like gambling to me because no strategy works for too long. There are profitable strategy which cannot be disputed but it effect works more on crypto and currency pairs even at that it takes long time practice and many recorded losses to perfect strategies. For me SMA and trend line are good strategies for even beginners because it is less complex and it just a line movement demarcating support and resistance zones.
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March 20, 2023, 07:09:07 PM
 #138

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity ?
Having your personal strategy is good because you are sure of the factors that lead to that strategy being formulated. If you are used to using other people's strategy, you will be riding mostly on trust and not certainty. This does not mean that you should completely ignore hearing other people's strategy, you can listen and learn, maybe even from listening you will have tips to make your strategy better.

... and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I become uncomfortable whenever my strategy fails like three time in a row. I pause and find out what is is wrong before I continue trading.

.
SPIN

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Obari (OP)
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March 20, 2023, 10:13:27 PM
 #139

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity ?
Having your personal strategy is good because you are sure of the factors that lead to that strategy being formulated. If you are used to using other people's strategy, you will be riding mostly on trust and not certainty. This does not mean that you should completely ignore hearing other people's strategy, you can listen and learn, maybe even from listening you will have tips to make your strategy better.

... and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I become uncomfortable whenever my strategy fails like three time in a row. I pause and find out what is is wrong before I continue trading.

Most times, I formulate my strategies from the strategies of others and I feel more confident after comparing strategies and how I really feel about it.
I also don't take formulation of strategies very serious because before I get into a trade,there are already two things in my mind, and one is either I'm losing or I'm winning and that's why in trying to formulate my strategy I always ensure I'm maintaining a very strict risk management and I always make sure I use the stop loss(SL) and Take Profit (TP)  features at every trade I enter into.
And I rather prefer copy trading especially from verified trades which highest winning rates by so doing, I don't have to be  emotionally stressed directly.

R


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Bushdark
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March 21, 2023, 11:30:52 AM
 #140

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity ?
Having your personal strategy is good because you are sure of the factors that lead to that strategy being formulated. If you are used to using other people's strategy, you will be riding mostly on trust and not certainty. This does not mean that you should completely ignore hearing other people's strategy, you can listen and learn, maybe even from listening you will have tips to make your strategy better.

... and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I become uncomfortable whenever my strategy fails like three time in a row. I pause and find out what is is wrong before I continue trading.
All I care about is having a good strategy that works. Whether it is personal or general one like the one we can buy from pro traders that must have developed fast working indicators or bots that give a better results. Trading is sweet when we have a strategy that works as atrader and we are earning from it. It does not matter how we get to know about the strategy because what matters is the amount of turnout we having on a weekly basis. Strategies do expire so we need to be updating it according to the market differences.









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March 21, 2023, 07:49:42 PM
 #141

Trading does not have the best strategy, as long as it is making profits, I'm fine with it. A trader could be usimg Ichiokwu and some moving average (MA) lines and some may choose to use only the trend lines to indicate support and resistance and with that, there trade set up is completed. Some traders will tell you that too much indicators on your screen can mislead you but all this depend on what you used as a trader, if it is working for you and you are making profits, you should stick to that rule, if you try and copy others tradr, you may lose all your money.
But how can you make a good and constant profit if your strategy is weak? Unless if you if you are okay with a small rare profit but on top of it is mostly losses. I think what you are doing there is not trading anymore but it is more like a gambling already. Can you noticed that in gambling we also lose most of the time? That is because we are only depending on our luck and there is no stats that is used there.

Some traders are too complex and won't only end their trades on the tools that you mentioned. Lastly, copying other traders isn't bad but as long as you will check their history first (if it's possible). This is helpful for someone wants to earn immediately and still lacks of experience.
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March 21, 2023, 10:40:27 PM
 #142

In any strategy, sooner or later some changes are made, because there is no universal strategy. Personal trading experience is very valuable. I don't know anyone who acts strictly according to a template. Even trading bots require personal adjustment.
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March 21, 2023, 11:35:57 PM
 #143

Because that depends on the strategy, there are strategies that can provide good income or benefits and there are also those that cause nothing but problems.

     Also, I haven't seen anyone who gave or told the truth here in the forum of the strategy that taught about crypto trading step by step. It's just that the view given is usually only advice and suggestions.



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March 21, 2023, 11:56:18 PM
 #144

It is always best to have personal strategies for trading when you have well knowledge about trading related thing like reading chart and analysis . Because the personal strategy works a lot on your skills just like getting into trading. without proper knowledge about trading it is more risky to have a personal strategies And not only just in case of taking personal strategies it is risky for trading. But I think everyone should trade through personal strategy at some point in trading.


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March 21, 2023, 11:59:34 PM
 #145

It is always best to have personal strategies for trading when you have well knowledge about trading related thing like reading chart and analysis
You could acquire up these skills when you do actively trade on this market alone on which it would really be involving that lots of trial and errors which you would definitely mold up yourself to become a better

trader until the time comes.No one would really help you out but only yourself, which it would really be just right and ideal that you should be the ones who do create your own strategy on various market conditions without tending to make yourself that self reliant into other traders in the community.Just like on what others been saying that it isnt bad to get some idea into others but dont make yourself that relying on them most of the time.Snipping out some strategy and would be applied into yours is also a good versatile act on which it could really help you out on some point.

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carlisle1
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March 22, 2023, 11:46:23 AM
 #146

It is always best to have personal strategies for trading when you have well knowledge about trading related thing like reading chart and analysis . Because the personal strategy works a lot on your skills just like getting into trading. without proper knowledge about trading it is more risky to have a personal strategies And not only just in case of taking personal strategies it is risky for trading. But I think everyone should trade through personal strategy at some point in trading.

Following you on this note, knowledge is very important as you can always enhance your strategy when you are dealing
with your trading, there are things that you can only see and understand with your strategy.

All the information that you gathered from your research and study are important factors to make your trading be a successful one for you.
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March 22, 2023, 12:20:01 PM
 #147

Following you on this note, knowledge is very important as you can always enhance your strategy when you are dealing
with your trading, there are things that you can only see and understand with your strategy.

All the information that you gathered from your research and study are important factors to make your trading be a successful one for you.
It is true that knowledge is very important in trading because we don't know how to buy or sell without knowledge. If you're lack knowledge in trading, especially in using cross margin and isolated margin mode, there is a high risk of liquidating all your futures funds if the price of the pair you are trading is going in the opposite direction and can't set a stoploss.

Other than that, risk management is very important in trading and trading psychology because if you don't have that, even if you have knowledge or even having an effective strategy in trading, you will be surprised that you are still not profitable.

Think about it: You have a partner with a strat but why is he profitable while you aren't. That's why we still have to consider that we need it to apply in our trading to increase the chance of following the expected price direction.

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March 22, 2023, 02:23:21 PM
 #148

It is true that knowledge is very important in trading because we don't know how to buy or sell without knowledge. If you're lack knowledge in trading, especially in using cross margin and isolated margin mode, there is a high risk of liquidating all your futures funds if the price of the pair you are trading is going in the opposite direction and can't set a stoploss.

Other than that, risk management is very important in trading and trading psychology because if you don't have that, even if you have knowledge or even having an effective strategy in trading, you will be surprised that you are still not profitable.

Think about it: You have a partner with a strat but why is he profitable while you aren't. That's why we still have to consider that we need it to apply in our trading to increase the chance of following the expected price direction.

It is true that in trading these points are very important and interrelated, when you have a strategy that has been tested accurately but you don't have other points such as no loss and profit limits then I make sure your trading will not be effective.

There are some basic points in trading that you must prepare such as psychology, strategy, money management, stop loss, stop profit and don't be greedy when you reach your daily target.
Market movements are difficult to predict, but when traders have the above points at least this can help traders a little to avoid margin calls.

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March 22, 2023, 03:41:08 PM
 #149

It is always best to have personal strategies for trading when you have well knowledge about trading related thing like reading chart and analysis . Because the personal strategy works a lot on your skills just like getting into trading. without proper knowledge about trading it is more risky to have a personal strategies And not only just in case of taking personal strategies it is risky for trading. But I think everyone should trade through personal strategy at some point in trading.

Following you on this note, knowledge is very important as you can always enhance your strategy when you are dealing
with your trading, there are things that you can only see and understand with your strategy.

All the information that you gathered from your research and study are important factors to make your trading be a successful one for you.
When we already have our own trading strategy, it means we already have knowledge about what factors are in the trading itself. Because it is impossible for us to create a strategy while we do not know what we are doing.
All processing, of course. At the beginning we can follow other people's analysis methods, but remember we only take the knowledge, not really apply the strategy they use completely. If we already understand that then we can create our own imagination, yes it can be learned. As long as we intend to learn, then we can see anyone absorbing their knowledge in their trading strategy.

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March 22, 2023, 06:32:39 PM
 #150

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I do have a strategy and it really gives you the freedom and confidence once you can perfect it and make profits from it. Everyone has one or two strategy based on market condition. Not just only having them, you need to make sure they are working on your favor. From my experience, market movements are sometime very unpredictable. So it will not always work perfectly. So it is better to have different strategy based on market condition.
And how long do I stick to it? As long as it's working for me. If not, new strategy.
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March 22, 2023, 08:01:07 PM
 #151

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I think like as "little knowledge is dangerous"  as well as creating your own personal trading strategy with little or no knowledge of trading is also dangerous.
It also depends more on what type of coin you are going to investing. But successful and professional traders must have a personal strategy, Trading according to a specific strategy is an example of a good trader. It can be a daily gain of a certain profit and then stop trading off, or it can be a long-term DCA and make investments over a period of time. I currently have a strategy of my own that I will invest $10 per week in Bitcoin for ten years. So far I've stuck with it, hopefully, I'll stick with it until I die.  Smiley

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March 25, 2023, 06:49:12 AM
 #152

It is always best to have personal strategies for trading when you have well knowledge about trading related thing like reading chart and analysis . Because the personal strategy works a lot on your skills just like getting into trading. without proper knowledge about trading it is more risky to have a personal strategies And not only just in case of taking personal strategies it is risky for trading. But I think everyone should trade through personal strategy at some point in trading.

Following you on this note, knowledge is very important as you can always enhance your strategy when you are dealing
with your trading, there are things that you can only see and understand with your strategy.

All the information that you gathered from your research and study are important factors to make your trading be a successful one for you.
When we already have our own trading strategy, it means we already have knowledge about what factors are in the trading itself. Because it is impossible for us to create a strategy while we do not know what we are doing.
All processing, of course. At the beginning we can follow other people's analysis methods, but remember we only take the knowledge, not really apply the strategy they use completely. If we already understand that then we can create our own imagination, yes it can be learned. As long as we intend to learn, then we can see anyone absorbing their knowledge in their trading strategy.

I like your reply, yes we follow some strategy from traders who made a good success in the industry that we are going
to participate, those knowledges that they've shared can be a good basis.

But in the long run, we need to customize and adjust those learnings coming out from our own experienced.

You need to keep doing a good research and a trial and error when adjusting to your strategy. In this manner, you can always have
that analysis to change your style and the anticipation of where the market is heading.
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March 25, 2023, 10:27:58 AM
 #153


When we already have our own trading strategy, it means we already have knowledge about what factors are in the trading itself. Because it is impossible for us to create a strategy while we do not know what we are doing.
All processing, of course. At the beginning we can follow other people's analysis methods, but remember we only take the knowledge, not really apply the strategy they use completely. If we already understand that then we can create our own imagination, yes it can be learned. As long as we intend to learn, then we can see anyone absorbing their knowledge in their trading strategy.

I like your reply, yes we follow some strategy from traders who made a good success in the industry that we are going
to participate, those knowledges that they've shared can be a good basis.

But in the long run, we need to customize and adjust those learnings coming out from our own experienced.

You need to keep doing a good research and a trial and error when adjusting to your strategy. In this manner, you can always have
that analysis to change your style and the anticipation of where the market is heading.
In this condition, as I said before. this is the initial phase and of course there is nothing wrong with following an existing strategy that can be accounted for. The longer we are in trading, of course we must always do something new and upgrade ourselves with some new knowledge and experience that has been gained.
I think when we are on the right track, as long as we do it correctly and in accordance with the process that should be carried out, the results will also be very good.
Just don't get carried away with the few signals it gets and without doing anything to improve the quality then I think it will be very good.

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March 25, 2023, 02:48:33 PM
 #154

All I care about is having a good strategy that works. Whether it is personal or general one like the one we can buy from pro traders that must have developed fast working indicators or bots that give a better results. Trading is sweet when we have a strategy that works as atrader and we are earning from it. It does not matter how we get to know about the strategy because what matters is the amount of turnout we having on a weekly basis. Strategies do expire so we need to be updating it according to the market differences.

You have summarize everything by going to the main point, either its a personal strategy or a copy strategy, the main question is are you making profit from that strategy. If I have a personal strategy that works fine and I was able to make profits and little loss, I will be glad and will continue to use that strategy but if the loss is more than profit, I will improvise and look for alternative that works better. I find it funny when traders try to convince other traders to use their strategy that they don't have any loss, these are the red flag I see and run away from anytime I see other strategies that are too good to be true.
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March 25, 2023, 04:06:00 PM
 #155

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Different traders have trading strategies and every trader also have their different strategies in running their businesses.
Every trader have their particular strategy but as a trader you need a personal strategy that works for you specifically. Different people trade for different reasons but all the trading centers in achieving a particular goal but every trader has a way of achieving this goals. Whatever strategy you adapt just make sure it is a strategy that will work perfectly for you.

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March 25, 2023, 04:12:00 PM
 #156

Different traders have trading strategies and every trader also have their different strategies in running their businesses.
Every trader have their particular strategy but as a trader you need a personal strategy that works for you specifically. Different people trade for different reasons but all the trading centers in achieving a particular goal but every trader has a way of achieving this goals. Whatever strategy you adapt just make sure it is a strategy that will work perfectly for you.
It is okay to adopt others way of trading but later on when we already do or practice it we will eventually realize what methods works best on us. There are already many tutorials or strategies provided by different traders but we will somehow know how to trade by ourselves when we keep anlyzing and trying how to trade. Some gathers techniques of professional and applies or adds it in their method. It will not matter if we copy it all or improved it as long as we understand the concept and we gain profit in trading because of it then where doing it right.

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Digital_Lord
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March 26, 2023, 06:10:52 PM
 #157

Personal strategies only works if a person get experience up to 4 or 5 years because without knowing you cannot realize that what to do and how this strategy will work. A person can only creates personal strategy when it works for some times and has originates the way of getting good revenue. In this harsh situations where the market is slightly up at one second and slightly down at another second there is no strategy working accurately so a personal strategy which a man create for himself will work better or not it will depends on the market conditions. Stick to your personal strategy until it works for you but if it fails to work then forget about it.

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March 26, 2023, 06:34:40 PM
 #158

The best strategy for trading is the one that fits your personal goals, risk tolerance, trading style, and length of experience that has made you a profitable trader. And the most important thing is to do your own research and develop a strategy that works for you, so being yourself and learning from experience is a great option.
correcting deficiencies and improving skills is a good job, and other people's strategies or whatever can only be considered after going through research, but what determines the choice is you and your intelligence after combining other people's strategies and your own skills to do it.

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March 27, 2023, 05:12:46 PM
 #159

Different traders have trading strategies and every trader also have their different strategies in running their businesses.
Every trader have their particular strategy but as a trader you need a personal strategy that works for you specifically. Different people trade for different reasons but all the trading centers in achieving a particular goal but every trader has a way of achieving this goals. Whatever strategy you adapt just make sure it is a strategy that will work perfectly for you.
It is okay to adopt others way of trading but later on when we already do or practice it we will eventually realize what methods works best on us. There are already many tutorials or strategies provided by different traders but we will somehow know how to trade by ourselves when we keep anlyzing and trying how to trade. Some gathers techniques of professional and applies or adds it in their method. It will not matter if we copy it all or improved it as long as we understand the concept and we gain profit in trading because of it then where doing it right.

If you keep doing the trade then you will find the best and fit way for your trading style, eventually you'll be able to form/create
your own strategy and keep enhancing to make sure that you'll be able to adopt in any market situation.

Like what you have said, there are available tutorials and guides over the internet, and you can use it as good references to
adopt.

But time will come and you will do your own and you will enjoy the strategy that will bring you benefits.
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March 28, 2023, 01:48:17 PM
 #160

Different traders have trading strategies and every trader also have their different strategies in running their businesses.
Every trader have their particular strategy but as a trader you need a personal strategy that works for you specifically. Different people trade for different reasons but all the trading centers in achieving a particular goal but every trader has a way of achieving this goals. Whatever strategy you adapt just make sure it is a strategy that will work perfectly for you.
It is okay to adopt others way of trading but later on when we already do or practice it we will eventually realize what methods works best on us. There are already many tutorials or strategies provided by different traders but we will somehow know how to trade by ourselves when we keep anlyzing and trying how to trade. Some gathers techniques of professional and applies or adds it in their method. It will not matter if we copy it all or improved it as long as we understand the concept and we gain profit in trading because of it then where doing it right.

If you keep doing the trade then you will find the best and fit way for your trading style, eventually you'll be able to form/create
your own strategy and keep enhancing to make sure that you'll be able to adopt in any market situation.

Like what you have said, there are available tutorials and guides over the internet, and you can use it as good references to
adopt.

But time will come and you will do your own and you will enjoy the strategy that will bring you benefits.
the strategy we use if we enjoy it I don't think it's a problem to use. sometimes we see that people's strategy systems are more perfect because they can create profits many times, but what we have to understand is our psychology to be disciplined in the trading system we use. therefore I think it focuses more on psychological stability to execute strategies, because this is a determining factor for measuring the development of our trading system
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March 28, 2023, 02:11:27 PM
 #161

the strategy we use if we enjoy it I don't think it's a problem to use. sometimes we see that people's strategy systems are more perfect because they can create profits many times, but what we have to understand is our psychology to be disciplined in the trading system we use. therefore I think it focuses more on psychological stability to execute strategies, because this is a determining factor for measuring the development of our trading system
you can be consistent with the trading strategy you use and try to continue to make a profit. but you also have to evaluate how successful the strategy you are using is. if it does cost more to lose, I think it's a good idea to discuss and receive opinions from other traders using different and possibly more successful strategies. it can open a new understanding regarding the weaknesses and strengths of the trading strategy used. don't focus too much so you might forget that we also need to upgrade knowledge and skills.


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Sexylizzy2813
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March 28, 2023, 03:53:50 PM
 #162

you can be consistent with the trading strategy you use and try to continue to make a profit. but you also have to evaluate how successful the strategy you are using is. if it does cost more to lose, I think it's a good idea to discuss and receive opinions from other traders using different and possibly more successful strategies. it can open a new understanding regarding the weaknesses and strengths of the trading strategy used. don't focus too much so you might forget that we also need to upgrade knowledge and skills.

Having multiple trading strategy is even more better than having just one because in terms of trading you have to be open to any given opinion not just your own, it makes your trading ideas to grow especially whenever your actual plan isn't favorable, all you have to do is switch to the next one. The more help or ideas you get from those who are there before you the more better you become in tackling those difficulties that comes afterwards, in trading you don't just expect to be having positive outcome all the time.

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March 28, 2023, 09:11:56 PM
 #163

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
Nothing beats out if you do have that personal strategy rather than on making yourself that reliant into others strategies which those things are also created by them.This is why im not really that much interested

on joining some groups or communities who do share up their trading tips and hints but its not also that bad to open up yourself on some ideas made out by others but of course you should really still stick

into your own plans that you have created earlier.This is why its not really that suggestable to jump from one strategy to other because it would really just disrupt you on sticking into your own plan.
Dont make yourself that get dwindled for whatever things that you would be encountering.Just stick into your plan and make your move according to it.

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March 28, 2023, 10:50:09 PM
 #164

By investing today I am in this condition later and I am not ready to invest.  I have faced huge losses by investing.  I have suffered huge losses from FTX and Luna due to which now I am not ready to invest anymore.  Trading with few dollars is how life should be.  Investing in the alt coin section is considered to be the most risky.

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Inwestour
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March 29, 2023, 11:16:01 AM
 #165

The best strategy for trading is the one that fits your personal goals, risk tolerance, trading style, and length of experience that has made you a profitable trader. And the most important thing is to do your own research and develop a strategy that works for you, so being yourself and learning from experience is a great option.
correcting deficiencies and improving skills is a good job, and other people's strategies or whatever can only be considered after going through research, but what determines the choice is you and your intelligence after combining other people's strategies and your own skills to do it.
Most of the time we have to watch the market as it can be very volatile and we need to act quickly if we are talking about short term trading. For long-term trading, we will mainly be interested in a global trend change, since the trend is your friend.

Even if you take someone else's strategy as a basis, or fully use someone else's ready-made strategy, you still have to follow the market and analyze the charts yourself, make decisions when to buy and when to sell, it's all important, so you need to learn to do everything yourself to increase your skill in this.

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knowngunman
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March 29, 2023, 11:35:54 AM
 #166

By investing today I am in this condition later and I am not ready to invest.  I have faced huge losses by investing.  I have suffered huge losses from FTX and Luna due to which now I am not ready to invest anymore.
It is sad to hear your experience but the truth remain that majority of us rush into crypto trading and investment with the aim of making money in short term without having to take the consequences into consideration. I will advice you not to give up on crypto investments but learn how to diversify your capital while investing. Do not put your eggs in one basket. Bitcoin investment should carry if not all, the majority of your capital for long term holding. Other altcoins like ethereum, Sol and BNB looks promising thou their success is not guaranteed but they seem to have future potential and you can invest a little amount on them.
Quote
Trading with few dollars is how life should be.  Investing in the alt coin section is considered to be the most risky.
Everything about crypto is very risky and that's why it is recommended to risk the amount you can afford to lose in case it back fire, the pain will be bearable. I will like to remind you that trading is even more risky than investment unless you are ready for the aftermath of emotional instability. In summary, whichever aspect you choose to focus on, please do take caution and risk averagely.

R


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Aanuoluwatofunmi
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March 29, 2023, 02:30:24 PM
 #167

It's always good to learn about all the trading strategies and patterns and then chose the ones that best fit ones purpose, trading is very important in bitcoin becau you will always wanted to exchange it or sell and buy, there are times to hodl and times to sell or buy, all these have a particular pattern to follow for doing them, if you're good at knowing an accurate prediction over bitcoin price from your cognitive study through bitcoin price speculation, you can read the chart and predict the next outcome from it in a couple of time.

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March 30, 2023, 01:02:49 PM
 #168

You can achieve long term and profit while trading by adopting personal strategy. But you have to be careful because the market doesn't always move in the same direction. this should always be kept in mind and should not be forgotten so it is better to know some more tips about trading very carefully. If you are trading with the same strategy, you will risk your money at some point. So you must take some more ideas about the market if you want to achieve high success.

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March 30, 2023, 09:35:10 PM
 #169

Every trader has some sort of strategy. They might not call it a personal strategy but it is like the last card they hold closely to their chest. Any trader who has been able to manage their trading risks such that they are able to reduce their potential loss is employing personal strategy. And when your losses reduce, your profits increase.

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Lanatsa
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March 30, 2023, 09:40:39 PM
 #170

Every trader has some sort of strategy. They might not call it a personal strategy but it is like the last card they hold closely to their chest. Any trader who has been able to manage their trading risks such that they are able to reduce their potential loss is employing personal strategy. And when your losses reduce, your profits increase.
We have our own ways on how we do make out our trades on which we would really be making out lots of combinations or using up on different indicators at the same time.You would really be finding for yourself
on which you would really be seeing which strategy would suit you out the most and this is why its important that you would really be making on your own rather than on finding another peoples or traders strategies.Come to think off that trading isnt for short term only on which you would really be needing this to make yourself that sustain in longer runs which means that long term approach
would be necessary and you cant just take it that simply.

R


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March 30, 2023, 09:45:48 PM
 #171

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you do not have a trading strategy, how would you then make profit consistently? Every successful trader have strategies they are using. But you have to make sure that your strategies are working for you. If not working and see trading not easy, better to move to holding. But all successful traders have trading strategies which are helping them to make profit.
Trading needs particular strategy to make it work and successful. That is why a good trader should have its own personal trading strategy that works and suits to the market condition. Otherwise, he will have a hard time profiting from trading and stay sustainable in the market for long. However, in times you see your strategy is not working anymore, then start upgrading it and then retest it again and see if it’s still working. If not, better to develop a new one that suits the market condition well.
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April 01, 2023, 12:51:34 AM
 #172

It is always good to have your own strategy, why? since if it gives good results it is because we are having a good vision of the market, or a Correct vision of the market and that is More money earned, now, if the fact of Mixing the settings Does not work, it is something that I do not recommend, because Simple, mten would not be Understanding where those conclusions Were drawn from to make the decision, it is something like the signal groups that only Give signals and do not say how they got there or explain it, it is like putting a Blindfold on, something like that as I see it when there is a Mixture of one's own strategy and that of another.

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April 01, 2023, 07:11:34 AM
 #173

It is always good to have your own strategy, why? since if it gives good results it is because we are having a good vision of the market, or a Correct vision of the market and that is More money earned, now, if the fact of Mixing the settings Does not work, it is something that I do not recommend, because Simple, mten would not be Understanding where those conclusions Were drawn from to make the decision, it is something like the signal groups that only Give signals and do not say how they got there or explain it, it is like putting a Blindfold on, something like that as I see it when there is a Mixture of one's own strategy and that of another.


A better overview of the market, having your own strategy gives you time to adjust in each possible market movements.

If you have good understanding and you developed your own way working inside the market, the chance that you'll be able to
earn decent amount of profits.

And aside from that, the chance of lessen the chance of losing huge amount of money.
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April 01, 2023, 01:47:23 PM
 #174

Oh yes obviously one should always have personal trading strategy because just copying someone else does not work always. I don’t know if you know this but there was time couple of years ago when “copy trading” was launched by forex and eToro in the Share market. Literally those guys went way ahead of the time and tried to manipulate the market with this strategy. It never worked for anyone who was involved in it because most of them were bots who were telling everyone in what they should be investing. It was more or less pumping specific asset collectively thus making it go up.

Anyways, this is why one should always keep the methodology to themselves. Learn the trading pattern all the time and learn the facts about market. Plot strategy based on TA and FA, otherwise there is no meaning to trading as such.
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April 01, 2023, 02:35:02 PM
 #175

Oh yes obviously one should always have personal trading strategy because just copying someone else does not work always. I don’t know if you know this but there was time couple of years ago when “copy trading” was launched by forex and eToro in the Share market. Literally those guys went way ahead of the time and tried to manipulate the market with this strategy. It never worked for anyone who was involved in it because most of them were bots who were telling everyone in what they should be investing. It was more or less pumping specific asset collectively thus making it go up.

Anyways, this is why one should always keep the methodology to themselves. Learn the trading pattern all the time and learn the facts about market. Plot strategy based on TA and FA, otherwise there is no meaning to trading as such.
those who still rely on copy trading are usually beginners who are curious about the instant benefits. after trying a few trades and still losing, then join the trading channel and group. they can be advised to follow a shared trading plan for quick profits without creating their plan.
maybe they will be successful in 1 or two trades. but those who have been for a long time will definitely leave this way and choose to learn everything on their own.



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April 01, 2023, 04:08:39 PM
 #176

It is always good to have your own strategy, why? since if it gives good results it is because we are having a good vision of the market, or a Correct vision of the market and that is More money earned, now, if the fact of Mixing the settings Does not work, it is something that I do not recommend, because Simple, mten would not be Understanding where those conclusions Were drawn from to make the decision, it is something like the signal groups that only Give signals and do not say how they got there or explain it, it is like putting a Blindfold on, something like that as I see it when there is a Mixture of one's own strategy and that of another.


A better overview of the market, having your own strategy gives you time to adjust in each possible market movements.

If you have good understanding and you developed your own way working inside the market, the chance that you'll be able to
earn decent amount of profits.

And aside from that, the chance of lessen the chance of losing huge amount of money.
Having your own strategy will also be able to measure the extent to which we understand trading and the market. Because with that we will definitely be required to understand everything, including the location of the mistake when we experience a loss. Of course it will not be easy to create our own strategy, it will take a very long time before we can really implement the strategy very well. But from all of that, we will always learn to turn the strategies we apply into strategies that are feasible for us to use. How to? namely by continuously updating our knowledge.

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April 01, 2023, 05:54:38 PM
 #177

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
It would be better if we use personal strategies rather than having to depend on other people's strategies because other people are not responsible for our finances but we are fully responsible and if we continue to depend on other people then I think our expertise and experience in trading will never increase , I personally always prioritize using my own strategy when I want to enter the market, even though the strategy I make is not always profitable, applying other people's strategies also cannot always benefit us, sometimes we can't even rely on them.

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April 01, 2023, 06:12:48 PM
 #178

Oh yes obviously one should always have personal trading strategy because just copying someone else does not work always. I don’t know if you know this but there was time couple of years ago when “copy trading” was launched by forex and eToro in the Share market. Literally those guys went way ahead of the time and tried to manipulate the market with this strategy. It never worked for anyone who was involved in it because most of them were bots who were telling everyone in what they should be investing. It was more or less pumping specific asset collectively thus making it go up.

Anyways, this is why one should always keep the methodology to themselves. Learn the trading pattern all the time and learn the facts about market. Plot strategy based on TA and FA, otherwise there is no meaning to trading as such.
Having a personal trading strategy is like navigating through a minefield blindfolded. Even the best-laid plans can blow up in your face. You can analyze the market to your heart's content, but what happens when the market throws you a curveball?

Who else can recall the heyday of "copy trading"? We were led astray like rats by the Pied Piper, only to discover afterwards that most of the dealers were actually automated programs. A classic example of human against mechanical conflict.

So, what is the answer? Like an untamed horse, revel in the market's volatility and uncertainty. The smallest alteration can cause a domino effect, so keep chaos theory in mind. Be flexible and who knows what will happen. Ultimately, you could come out on top.
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April 01, 2023, 08:28:10 PM
Last edit: April 02, 2023, 04:42:29 AM by QueenVera
 #179

I agree with OP that it is good to have a personal strategy and not just about having it but also sticking to it is another great feature as well.
But recently there have been cases of copy trading where traders especially newbie traders don't have to worry so much about making financial decisions but rather rely on the predictions of others and I also heard of storiesnid AI using ChatGPT to help make financial decisions and all of this to me isn't reliable and that is why I prefer to have and own my own strategy that will always help me know when to take financial Decisions.
In conclusion, having a personal trading strategy is best even if one wants to copy trades from others.

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April 02, 2023, 04:27:12 AM
 #180

I think having a personal trading strategy is the best thing one can ever do as a trader.Every trader has a way in which they do things and it works for them,same way is trading,there are some strategies one will put in trading that will not allow you to lose,rather,it will always make you win.I know quite well that there are regular winners,but winning comes when one is using a special strategy in his trading,and this stategy does not just come ordinarily,but it comes from series of failures gotten in the past,mistakes that one has done that causes them to loose.When all this comes to your reasoning,you will definitely device a strategy that will always work for you,because no one is happy while losing money continuously,it is the joy of everyone to always be making gains and winning Everytime one trades.
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April 05, 2023, 06:01:22 AM
 #181

It depends on your individual goals and preferences. A personal trading strategy can be beneficial if it helps you stay organized and disciplined, but you should also consider other factors such as the amount of risk you are willing to take and the type of assets you plan to trade.

Ultimately, the best trading strategy is the one that best suits your individual needs and goals.
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April 05, 2023, 07:17:48 AM
 #182


Ultimately, the best trading strategy is the one that best suits your individual needs and goals.

Exactly mate and invariably you're trying to say that having a trading strategy doesn't really matter as long as what you follow truly works for you and I do agree with this too but I think at some points after following so much signals, I think one might be learning this things gradually and people pick more interest in things that bring money and by so doing, they might develop their own strategy and whatever the case might be, it is always good and better to have your own personal strategy so as to take full possessions of your trade and full responsibility for your trades as well.

R


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April 16, 2023, 10:28:36 PM
 #183

I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.

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April 17, 2023, 04:53:45 AM
 #184

Trading is so broad where a lot of topics and factors are connected to each other, trading is where people can release their creative expression and also to have freedom to what they want to do. This is where the difficulty kicking in because there are no rules that have been set for the traders. You are the only one who will create and help me you to guide you and maximizing your profit with proper risk management. If you will ask me If I have my personal trading strategy and personal rules, my answer is YES. I created a trading system wherein it helps me find the best entry point with the best risk management skill. My plan is consisting of entry point, target profit, how much money will I put, trading trending crypto, the price should be on support level and I also checking the volume if it is good or not. There are a lot of traders who consistently losing in the market because they do not have plan, they just entering andbuying crypto without knowing their entry point and without knowing how much money they will lose if their trade got invalidated. If you want to be part of those traders keep making 6 digits consistently then building a solid system with risk management, personal trading strategy, a solid plan and having a supreme confidence can help you to achieve financial freedom in trading.
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April 17, 2023, 01:25:56 PM
 #185

I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.

And we can't blame others to have different opinions about trading because of their bad experience as well and then say, trading is not profitable.
On the other side, it was also important to read books as there are a lot of things that we need to know more about that can never be found in experience alone. And from those things that we read and together with our experience we can derive our strategies which I believe were more effective than the usual strategy that has been used by most traders. I'd say why? It is because that strategy connects to our mind, there is an exact communication that can't be found in others.



.
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Rainbot
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April 17, 2023, 02:04:14 PM
 #186


Ultimately, the best trading strategy is the one that best suits your individual needs and goals.

Exactly mate and invariably you're trying to say that having a trading strategy doesn't really matter as long as what you follow truly works for you and I do agree with this too but I think at some points after following so much signals, I think one might be learning this things gradually and people pick more interest in things that bring money and by so doing, they might develop their own strategy and whatever the case might be, it is always good and better to have your own personal strategy so as to take full possessions of your trade and full responsibility for your trades as well.
You are right mate,trading strategy is your own personal way of approaching trade,and bringing out good result on your own.different person's have their own different approaches to trading,and those approaches can either be achaic,( old ) or new.When one uses a method he has been using before and has been working for him to trade,and it doesn't seem to give him a desired result,it is good to change method so you won't be on the losing side.The approach I was using before is different from the one I'm using now because trading strategy has to be dynamic for it to work effectively,anything that makes it just one,then there is every tendency that the individual will not be making progress in his trading business.
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April 17, 2023, 09:31:20 PM
 #187

If anyone have any personal strategy, it will be good for any person as I thing. I do a lot trading in my life. But there are a huge loss in my carrier and loss my money. That's way, I do a stop line or stop trading and it is good for me money time and I get a good profit from that. I do an another trick for trading. But it is personal to me.
did it work for you and bring profit to your trading? if it's good for you, it means you have got the right strategy to apply in trading. even though the trading strategy that we often use also sometimes misses. but when you are comfortable using it, it's just a matter of expanding it with the market situation and also other strategies.
some swords want to know more trading strategies. especially for those who day trade.



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Rainbot
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April 17, 2023, 09:38:14 PM
 #188

I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.

And we can't blame others to have different opinions about trading because of their bad experience as well and then say, trading is not profitable.
On the other side, it was also important to read books as there are a lot of things that we need to know more about that can never be found in experience alone. And from those things that we read and together with our experience we can derive our strategies which I believe were more effective than the usual strategy that has been used by most traders. I'd say why? It is because that strategy connects to our mind, there is an exact communication that can't be found in others.

We all have personal goals in trading so having a personal strategy would be a great help to achieve those. It is indeed that knowledge is power since this would be you foundation to create your own strategy. Also, along with this, the experiences on that you got on trading either win or loss would impact and help you develop your strategy. If we really want something, I think it takes for us to be disciplined to really understand the market as well as how the economy is doing in present time since being adaptive to every changes in the economy is vital so that you could be more successful in trading.
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April 17, 2023, 10:32:12 PM
 #189

I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.

And we can't blame others to have different opinions about trading because of their bad experience as well and then say, trading is not profitable.
On the other side, it was also important to read books as there are a lot of things that we need to know more about that can never be found in experience alone. And from those things that we read and together with our experience we can derive our strategies which I believe were more effective than the usual strategy that has been used by most traders. I'd say why? It is because that strategy connects to our mind, there is an exact communication that can't be found in others.

We all have personal goals in trading so having a personal strategy would be a great help to achieve those. It is indeed that knowledge is power since this would be you foundation to create your own strategy. Also, along with this, the experiences on that you got on trading either win or loss would impact and help you develop your strategy. If we really want something, I think it takes for us to be disciplined to really understand the market as well as how the economy is doing in present time since being adaptive to every changes in the economy is vital so that you could be more successful in trading.
Creating our own personal strategy is something that we could mold up along the way, whether you've been starting on copying others but later on you do find out that creating your own would be that relevant.
It is really just that there are people who are really that reliant into others calls and analysis and doesnt really mind on creating or minding on their own. In the time that they would be experiencing up some
problems or errors then this is where they would really be whining up and making up regrets that they shouldnt have followed that person and it would be better if they would really be that
creating or following their own which is actually its a must thing since from the start.Although it wont really be that simple but its not something that impossible.

R


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April 18, 2023, 03:12:57 AM
 #190

I have always said something, the more you read, the more knowledge there is, many trader or investors give their point of view based on their experiences and all of that is very good, so this information, more than anything that is embodied in books, is the one that teaches the most For me, that is the best method to acquire knowledge, and if you have that knowledge, it is very easy to devise our own strategies, but if after we do them we look at others that are very different, it can distort our analysis, and we are no longer going to have a plan but a mixture, and you will not know what to obey, it is always good to have and see other analyzes but I think personal analysis is the best.

And we can't blame others to have different opinions about trading because of their bad experience as well and then say, trading is not profitable.
On the other side, it was also important to read books as there are a lot of things that we need to know more about that can never be found in experience alone. And from those things that we read and together with our experience we can derive our strategies which I believe were more effective than the usual strategy that has been used by most traders. I'd say why? It is because that strategy connects to our mind, there is an exact communication that can't be found in others.

We all have personal goals in trading so having a personal strategy would be a great help to achieve those. It is indeed that knowledge is power since this would be you foundation to create your own strategy. Also, along with this, the experiences on that you got on trading either win or loss would impact and help you develop your strategy. If we really want something, I think it takes for us to be disciplined to really understand the market as well as how the economy is doing in present time since being adaptive to every changes in the economy is vital so that you could be more successful in trading.
Creating our own personal strategy is something that we could mold up along the way, whether you've been starting on copying others but later on you do find out that creating your own would be that relevant.
It is really just that there are people who are really that reliant into others calls and analysis and doesnt really mind on creating or minding on their own. In the time that they would be experiencing up some
problems or errors then this is where they would really be whining up and making up regrets that they shouldnt have followed that person and it would be better if they would really be that
creating or following their own which is actually its a must thing since from the start.Although it wont really be that simple but its not something that impossible.
finding a personal trading strategy takes some time to live with, because one has to go through a learning process to find one. so that after finding it we will be more comfortable in trading, because it does not depend on other people and of course it is not like when we expect signals from other people. if a trading personality has been formed then he is the one who is free to trade as he wishes, because it seems as if he can already communicate with the market

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Alisha-k
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April 18, 2023, 04:35:41 AM
 #191

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
if you do not have a strategy as a trader, how do you make it in trading?? Every trader has a personal experience from trading, this helps us advance our strategy better

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April 18, 2023, 04:16:21 PM
 #192

If anyone have any personal strategy, it will be good for any person as I thing. I do a lot trading in my life. But there are a huge loss in my carrier and loss my money. That's way, I do a stop line or stop trading and it is good for me money time and I get a good profit from that. I do an another trick for trading. But it is personal to me.
Creating a personal strategy will not be easy, for sure we will need time to find a strategy that is comfortable for us. In such a situation it is not wrong if we follow the strategies used by other people. Over time, with our experience and knowledge that will continue to increase, we will definitely find a personal strategy. We cannot continuously depend on other people's strategies, because we also have to develop our potential. Unless we fit into that strategy and we feel comfortable doing it.

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April 18, 2023, 09:52:16 PM
Merited by Oceat (1)
 #193

If anyone have any personal strategy, it will be good for any person as I thing. I do a lot trading in my life. But there are a huge loss in my carrier and loss my money. That's way, I do a stop line or stop trading and it is good for me money time and I get a good profit from that. I do an another trick for trading. But it is personal to me.
Creating a personal strategy will not be easy, for sure we will need time to find a strategy that is comfortable for us. In such a situation it is not wrong if we follow the strategies used by other people. Over time, with our experience and knowledge that will continue to increase, we will definitely find a personal strategy. We cannot continuously depend on other people's strategies, because we also have to develop our potential. Unless we fit into that strategy and we feel comfortable doing it.
If you are trying to make yourself succeed then its better to do on your own ways and methods and not just simply following others. There's no such thing about easy path or track to success because following someone

doesnt ensure that you would really be going into that state on where you would be reaching up on being profitable.Just like on what the most people been saying on here on having your own is the best choice.
For starters then it would be common that they would really be keen on checking out others strategies and trading methods but sooner or later they would really be having those
thoughts inside that it would be just nice or good on having their own to be formulated as the time passes by.

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April 19, 2023, 07:09:49 AM
 #194

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
The strategy is collecting information to other on how they do perfect trading is good, but if we have our own strategy then we can still use the information we collect from other to correct our self from possible mistake, there is no harm of collecting information to have or make a better strategy  to earn.

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April 19, 2023, 08:23:59 AM
 #195

Of course, a personal strategy works very well for you if you formulate it correctly. You cannot rely on the algorithms of other participants in trade or transactions, you need to understand the issue yourself and build a development plan.
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April 21, 2023, 09:11:09 PM
Last edit: April 26, 2023, 08:18:51 PM by usekevin
 #196

Every traders will had their own strategy for the trading,it was unique one.In the crypto currency, their will be two strategies by the traders. Every one had their strategy for the bitcoin and their will be separate strategies for the rest the altcoin.Because we can blindly invest in bitcoin any price,because the price of bitcoin had huge volatility.The price of every altcoin will have change different manner,So the strategy should be created on every coin.When you are ready to inverse for the long term,better you should inverse in the bitcoin to get more profits from the investment.Because the bitcoin is the king of the cryptocurrency.

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April 21, 2023, 10:03:01 PM
 #197

Having your own personal trading strategy is the best and it will save you the stress if asking a lot of questions about other people's strategy and how to go about it. I could remember when I started trading, I was always eager to buy other pro traders strategies and work on them whether I could also make some cash using them but the contrary was the case. I made a lot of loses due to my poor understanding of the strategy which I later regretted. We need to have our own strategy for us to be a good trader.









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April 22, 2023, 08:13:43 AM
 #198

Yes, I believe that having a personal trading strategy is very important for successful trading. This helps you focus on specific goals and plans, and allows you to better manage risk. It is important not only to have a strategy, but also to stick to it.
Personal trading strategy may be different for each trader and it depends on his trading style, level of experience and personal preference. However, regardless of the chosen strategy, it is important to stick to it in order not to get sidetracked from your trading plans.
To answer your question, yes, I have a personal trading strategy that I have followed for a long time that has helped me improve my trading results. I constantly analyze its effectiveness and make adjustments, but in general it remains unchanged. I believe that sticking to your personal strategy is the key to successful trading in the long run.
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April 22, 2023, 03:43:28 PM
 #199

I believe having a personal strategy will be best and effective because we can't always apply strategies that we aren't comfortable using. We can create our own strategy based on our experiences in trading. It can be a routine, mantra, or anything that helps us succeed in trading. There are technical strategies that we can learn everywhere on the internet but the application will still depend on how we deal with the market. As long as our personal strategy would help us grow and manage the risks and volatility of the market then we can freely apply it.
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April 23, 2023, 06:38:55 AM
 #200

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I think it is not only best to have a personal trading strategy but it is needed, you cannot become a successful trading if you only depending on other trading strategy, because we need to decide and make a strategy by our self to become a successful trader we can learn a lot from our mistakes not from the mistakes of others.


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April 23, 2023, 07:09:09 PM
 #201

I am in favor of the fact that one should always have their own strategy, each person has a vision of the market, use what they use, any theory, anything that applies is valid, of course there are people who only do delay strategies to see analysis from others, that is something that for me has a lot of work, for me the personal strategy based on the knowledge that has been acquired is everything, that is, it is always good to read books, to know how to show what stage the market is in , and what things can happen, I am fascinated by Wyckoff's theory and the truth has helped me a lot, that's why the personal one is better.

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April 28, 2023, 05:40:11 PM
 #202

It’s true,it may take some time for the analysis.The good traders will survive after a continuous loss for 4-5 years.If you quit the trading by few couple of losses,then you are not a good trader at all.All your loss is due to the some fake analysis.Trading is like a art,it need more time for the good profitable trade.It May force to loss some big amount,but the same trading will you ten times of profits from your investments.

Yes exactly there are so many individuals who are afraid of losing money and due to consecutive losses they loss their hopes and get rid of trading with maximum loss percentage. I think people should not get afraid of failure because at start you don't know anything and this loss can enhance your knowledge about trading so take it positive. Other thing is copying strategies of another person is not good idea because for him this is the best strategy but it depends on the type of trading so always make your own concept, learn about it and then utilize your abilities to get profit.









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April 28, 2023, 09:32:24 PM
 #203

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I think it is not only best to have a personal trading strategy but it is needed, you cannot become a successful trading if you only depending on other trading strategy, because we need to decide and make a strategy by our self to become a successful trader we can learn a lot from our mistakes not from the mistakes of others.

I personally disagree on this very one with you and I'm so sorry about that because I believe that we all have our opinion but have you also thought of the possibilities of making profits while you learn, I believe that in trading industry, there are massive opportunity of earning while learn even before owning a strategy and also another point of correction is the that one can be very successful from trading using other people's strategy and I also have a friend who only copy the trades if others and doesn't have to worry himself so much with analysis but simply wins when others win and suffer losses together

R


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LUCKMCFLY
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May 07, 2023, 10:59:30 PM
 #204

I believe having a personal strategy will be best and effective because we can't always apply strategies that we aren't comfortable using. We can create our own strategy based on our experiences in trading. It can be a routine, mantra, or anything that helps us succeed in trading. There are technical strategies that we can learn everywhere on the internet but the application will still depend on how we deal with the market. As long as our personal strategy would help us grow and manage the risks and volatility of the market then we can freely apply it.
I agree with what you say, because for me it is better to have it in order to have better results, as long as someone makes a personal strategy and does not carry it out but mixes it with others that I have seen is something that is not very good, first, you will lose any understanding that the person has of the market at that moment, second, you will get entangled, and third,changing your own plan is the most dangerous thing to do, I would not approve it, because if you win perfectly, and if you lose with our strategy,well you learn and you have a consensus of what can be done.

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May 09, 2023, 10:30:55 PM
 #205

I believe having a personal strategy will be best and effective because we can't always apply strategies that we aren't comfortable using. We can create our own strategy based on our experiences in trading. It can be a routine, mantra, or anything that helps us succeed in trading. There are technical strategies that we can learn everywhere on the internet but the application will still depend on how we deal with the market. As long as our personal strategy would help us grow and manage the risks and volatility of the market then we can freely apply it.
I agree with what you say, because for me it is better to have it in order to have better results, as long as someone makes a personal strategy and does not carry it out but mixes it with others that I have seen is something that is not very good, first, you will lose any understanding that the person has of the market at that moment, second, you will get entangled, and third,changing your own plan is the most dangerous thing to do, I would not approve it, because if you win perfectly, and if you lose with our strategy,well you learn and you have a consensus of what can be done.

Its not bad to make some mix up with yours and with others as long you would really be seeing that it do make out some changes or increasing the odds on ending up on a good trade or something profitable.
Dont make your mind to be that closed when it comes to possible information and methods which it might really be that helpful on your part but well its up to your own jurisdictions when it comes to this because we know that having our own personal trading strategy is something that much preferred than on following other trading calls. Im aint saying that we shouldnt really be that accepting others tips and analysis
but its better to have your own because on the time that you would be having a losing trade, you wouldnt really be having that kind of in deep or self regret of what happened just because you do know that
it is your own self made analysis and not with others which it does really give out that common impression once you do rely into others calls and suggestions.

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May 10, 2023, 06:27:24 AM
 #206

Absolutely! Creating a personal strategy for yourself is like having a map to success. Sticking to that plan is like staying on track, even when things get tough. I've been using my strategy for a while now and it's helped me make money in the long term.
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May 13, 2023, 05:59:18 PM
 #207

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
I think it is not only best to have a personal trading strategy but it is needed, you cannot become a successful trading if you only depending on other trading strategy, because we need to decide and make a strategy by our self to become a successful trader we can learn a lot from our mistakes not from the mistakes of others.

I personally disagree on this very one with you and I'm so sorry about that because I believe that we all have our opinion but have you also thought of the possibilities of making profits while you learn, I believe that in trading industry, there are massive opportunity of earning while learn even before owning a strategy and also another point of correction is the that one can be very successful from trading using other people's strategy and I also have a friend who only copy the trades if others and doesn't have to worry himself so much with analysis but simply wins when others win and suffer losses together

It is a different option, I cannot deny that there are groups of signals where they are free and that do not ask for any type of subscription or Anything like that, the only money they ask for is what they must put on the platform or broker to trade, it is a minimum deposit required to operate with a real account, personally I like these types of Initiatives, and even if success is not guaranteed, one can trust that things can happen if they wish for the best,of course this will make the market move a lot, because there will be many operations that will be done at the same time, then it may be that the chances of winning increase.

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May 13, 2023, 06:16:14 PM
 #208


I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
As a trader, I think having a personally trading strategy is very important, but then, what is the essence of having a strategy when you can't stick to it?

Personally, I have my personal trading strategies, but I don't allow this to limit me from exploring, the crypto market is a dynamic one, things change from time to time, there is no guarantee that a strategy that worked last month will keep working all through the year till the end, no, things can change anytime and make your strategy useless, so one must not depend on their strategy, explore and continue to find what works best and adjust accordingly for better profit sake.

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May 14, 2023, 01:03:35 AM
 #209

I has little bit experience in trading. My point is having a personal trading strategy can indeed enhance profitability, as it provides a clear plan and guidelines to follow, which can help reduce the impact of emotional decision-making. Remember, it's also important to remember that no strategy is foolproof. Markets are constantly changing, and possible that a strategy that worked well in the past may not be as effective in the future. In such cases, important to remain flexible and be willing to adapt your strategy as needed.

For sticking to a particular strategy, it's crucial to give it enough time to prove its effectiveness. This timeframe can vary depending on the strategy and market conditions. Generally, I would recommend sticking to a strategy for at least a few months to a year before deciding whether to make any significant changes.

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May 14, 2023, 04:38:03 AM
Merited by fillippone (1)
 #210

OP from your question I've say it is best to have your personal trading strategy but never rely of it 100% because it can fail you at anytime and affect you badly (it might even discourage you to move on). Set a rule that would let you make more profit when you enter the market, analysis the price movement after entry, see where your chart stop should be placed. After analysing just look for an exit point to pull out to avoid regret, no matter how best your think your strategy is always know when to pull out it helps that way too.

R


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May 14, 2023, 02:13:07 PM
 #211

Having your own personal trading strategy is the best and it will save you the stress if asking a lot of questions about other people's strategy and how to go about it. I could remember when I started trading, I was always eager to buy other pro traders strategies and work on them whether I could also make some cash using them but the contrary was the case. I made a lot of loses due to my poor understanding of the strategy which I later regretted. We need to have our own strategy for us to be a good trader.

Some of these strategy courses people buy online are just what those traders may use to make little or no profit at all. Some of those traders selling courses online are even making money from selling the course compared to the little profit they may be getting from trading. Even on the YouTube channel, you will see a lot of video tutorials about the best trading strategy to make $100 every day; a lot of those are lies. They are even monetizing their channel with the thousands of followers they have and making a lot more money from those channels than they do from their traders. Only a few of those videos are from real professional traders.

Every trader or anyone going into trading must learn the tips of the trade, learn with experience, and master how to use technical tools to analyze the market, from which they can develop the strategy that works best for them. Apart from that, using any strategy that's bought or learned from videos can result in losses unless they apply wisdom by trying the strategy out with just a small amount of capital.

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May 14, 2023, 03:14:28 PM
 #212

we should know how the trading style is. everyone has their own style. some are comfortable with trading long term, some are medium term, some are into swing trading, or even scalpers. well it is our own choice where we have to trade with what style suits us. Personal strategy is obtained after you know what type of trader you are. if you find your own strategy, it will be very satisfying, even i think paid channels open it with their own strategy.
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May 17, 2023, 07:21:14 PM
 #213

we should know how the trading style is. everyone has their own style. some are comfortable with trading long term, some are medium term, some are into swing trading, or even scalpers. well it is our own choice where we have to trade with what style suits us. Personal strategy is obtained after you know what type of trader you are. if you find your own strategy, it will be very satisfying, even i think paid channels open it with their own strategy.

Yup, good point. After you learn what kind of trading behavior you've got, strategy will start to form and will allow you to keep
enhancing and reach your maximum potentials.

It's more about how you deal with each situation inside the market. Different people have their own points of view and interpretation depending
on what kind of trading behaviors they've got.

By following that rule, you will be able to determine what attack you'll going to do to improve your strategy and to keep your chance of
earning decently.
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May 17, 2023, 08:01:36 PM
 #214

Having a personal strategy to me isn't just the key but the ability to stick to it, is.
Agreed this gives you total control too unlike waiting for signals which leave you dependant on such services.

I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
synthetic indices, interesting...I have friends that trade these and always complaining of manipulated markets, what's your experience on the manipulation topic?

Btw by synthetic indices are you talking about assets such as boom and crash, or maybe volatility indices???

I know of Deriv and some other broker just can't remember the name,  which broker are  you using to trade
your indices ?

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If it's a winning strategy then you will always make bank, it just gets ugly if you aren't getting winning setups which means getting back to the drawing board to help fine tune your strategy.

R


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May 17, 2023, 08:40:16 PM
 #215

we should know how the trading style is. everyone has their own style. some are comfortable with trading long term, some are medium term, some are into swing trading, or even scalpers. well it is our own choice where we have to trade with what style suits us. Personal strategy is obtained after you know what type of trader you are. if you find your own strategy, it will be very satisfying, even i think paid channels open it with their own strategy.

Yup, good point. After you learn what kind of trading behavior you've got, strategy will start to form and will allow you to keep
enhancing and reach your maximum potentials.

It's more about how you deal with each situation inside the market. Different people have their own points of view and interpretation depending
on what kind of trading behaviors they've got.

By following that rule, you will be able to determine what attack you'll going to do to improve your strategy and to keep your chance of
earning decently.
Yes, you would really be finding yourself overtime that you are really that already been enhancing when it comes to skills and knowledge on the time that you are really the ones who do make your own strategy compared

when you are really that making yourself that reliant into others when it comes to strategy that had been given or be seen on others. There are ones who are really that relying into but its better to have your own
approach when it comes on dealing up with this market. Just keep on making your own strategy because even following others doesnt assure profitability or making out to be precise which means that its better to
lose a trade with using your own than on losing but by following others.It doesnt really give out that kind of good feeling.

You would be finding out for yourself on how to deal up with the market if you are the ones who do find ways on how to deal on it.You would really be formulating on you own.

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May 17, 2023, 09:58:14 PM
 #216

Absolutely! Creating a personal strategy for yourself is like having a map to success. Sticking to that plan is like staying on track, even when things get tough. I've been using my strategy for a while now and it's helped me make money in the long term.
In general, a strategy for work is a rather difficult task, and in order to work out such a thing, a lot of time must pass. At least when I started working with a broker from Amarkets, I devoted a lot of time to this.
there are millions of traders around the world, does each one have their own strategy? the answer is no, when you believe that the strategy you are using right now is purely only you who have it, then you are too proud.

you will only waste years of time to be able to find your own strategy that comes from yourself; there are thousands of trading classes, trading forums, and groups that discuss strategies in trading, and you can find the most comfortable way for you to trade in such a group (but you have to be careful and choose a trusted one that has a good reputation if you want to join this kind of group)

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May 29, 2023, 03:51:45 AM
 #217

Absolutely! Creating a personal strategy for yourself is like having a map to success. Sticking to that plan is like staying on track, even when things get tough. I've been using my strategy for a while now and it's helped me make money in the long term.
It is that when things are Planned and studied with great care and following a plan you can be very successful, of course, when we devise a plan and we see that we are losing a lot , I would recommend that you no longer follow the plan and I retire for a while. Until we don't have the correct vision of the market, then in that Sense if we do Something like this it is possible that we achieve more, because in a possible Range of losses we can have a low yield , our money goes away, but if we Recover with a good entry in January he Market afterwards is Ideal , that is the Beauty of taing, that the market will Always offer good Opportunities.

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May 29, 2023, 08:48:45 PM
 #218

Absolutely! Creating a personal strategy for yourself is like having a map to success. Sticking to that plan is like staying on track, even when things get tough. I've been using my strategy for a while now and it's helped me make money in the long term.
In general, a strategy for work is a rather difficult task, and in order to work out such a thing, a lot of time must pass. At least when I started working with a broker from Amarkets, I devoted a lot of time to this.
there are millions of traders around the world, does each one have their own strategy? the answer is no, when you believe that the strategy you are using right now is purely only you who have it, then you are too proud.

you will only waste years of time to be able to find your own strategy that comes from yourself; there are thousands of trading classes, trading forums, and groups that discuss strategies in trading, and you can find the most comfortable way for you to trade in such a group (but you have to be careful and choose a trusted one that has a good reputation if you want to join this kind of group)
Trading styles and methods or whatever variation you had made for yourself is definitely something that the same with other traders on other side of the market which it would really be normal that it wouldnt really be that much different into others knowing that trading techniques and guides is something that would really be shared or publish on and on the time that we do make out some searches
then we would be commonly see up these places on which it would really be ending up for us to make use of these methods and ways which it would really be that similar into others.

In overall, it would really be that best or ideal to have your own personal strategy which do came out from your own analysis.Doesnt matter whether this one is been used by others because the most
important thing on here is that you should really know on how to sustain yourself within this unpredictable market. Doesnt matter if you are really making use of others methods or
with your own.Thing here is that you wouldnt really be having any regrets on the time that you do lost if you do make use of your own style rather than on following someone.

R


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June 01, 2023, 07:14:15 AM
 #219

Having a personal strategy to me isn't just the key but the ability to stick to it, is.
Agreed this gives you total control too unlike waiting for signals which leave you dependant on such services.

I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.
synthetic indices, interesting...I have friends that trade these and always complaining of manipulated markets, what's your experience on the manipulation topic?

Btw by synthetic indices are you talking about assets such as boom and crash, or maybe volatility indices???

I know of Deriv and some other broker just can't remember the name,  which broker are  you using to trade
your indices ?

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If it's a winning strategy then you will always make bank, it just gets ugly if you aren't getting winning setups which means getting back to the drawing board to help fine tune your strategy.

I use one of the simpler brokers which is DerivGo and it was a fun time trading those indices and I basically traded the volatility indices as well as the boom and crash and there was a time I traded volatility  75 and made over 2k dollars  in less than 48 hours and the unfortunate  part was that I allowed greed to take over me and I lost the whole 2k dollars in essence than hour😁

Well I don't know if the .arker is manipulated but one thing is obvious in the industry which is the fact that the moment we are making losses, there are tendency to look into the Brooker and wanting to accuse them of cheating.

R


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June 01, 2023, 09:45:43 AM
 #220

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

Ofcourse you should to have your own trading strategy, your success and confidence depends on it. Without strategy you'll be like boat with no destination.
it need to spend a lot of time in studying, analyzing, learning for the good profitable trade. Not always well-known bloggers with good strategies will be good helpers. Everyone has their own path and their own plan. It is possible that your strategy in different periods will be changed. It's normal.
A good strategy is good as long as it makes a profit

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June 01, 2023, 10:17:50 AM
 #221

Yes, it is highly advisable to have a personal trading strategy when engaging in financial markets. A personal trading strategy provides a structured approach to decision-making, helping traders navigate the complexities of the market and reduce impulsive, emotional trading. It allows traders to set clear objectives, define risk tolerance, and outline specific entry and exit criteria. A well-designed strategy incorporates a variety of factors, such as technical and fundamental analysis, risk management techniques, and a disciplined approach to trading. By having a personal trading strategy, individuals can make informed decisions based on their own analysis and goals, enhancing the chances of consistent and successful trading outcomes.

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June 01, 2023, 10:40:29 PM
 #222

Obviously one should has his personal strategy as trading style is different from one to another. Thats why some will fail and some will archive assets during trade and all of those depends on strategy. Having good strategy can safe you from losing more assets. Following others trading Signals doesn’t make you profitable each time but a good strategy can! But no need to change strategy, rather keep modifying it while gathering experience

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June 03, 2023, 04:46:25 AM
 #223

Having your own strategy is very important for a trader, who must have his own thoughts about the market, so he can assess his trading progress. gain or loss I think is the umpteenth point, but a healthy trading method is the main thing to be able to survive in the market. healthy trading can be done where we lose according to planning and profits with logical targets, and cumulatively we still have profits, because trading will not always be profitable and we must be aware of it, so being able to manage risk is very important

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June 03, 2023, 07:12:26 AM
 #224

Absolutely! Creating a personal strategy for yourself is like having a map to success. Sticking to that plan is like staying on track, even when things get tough. I've been using my strategy for a while now and it's helped me make money in the long term.
In general, a strategy for work is a rather difficult task, and in order to work out such a thing, a lot of time must pass. At least when I started working with a broker from Amarkets, I devoted a lot of time to this.
there are millions of traders around the world, does each one have their own strategy? the answer is no, when you believe that the strategy you are using right now is purely only you who have it, then you are too proud.

you will only waste years of time to be able to find your own strategy that comes from yourself; there are thousands of trading classes, trading forums, and groups that discuss strategies in trading, and you can find the most comfortable way for you to trade in such a group (but you have to be careful and choose a trusted one that has a good reputation if you want to join this kind of group)
I believe you are taking this context farther from its real meaning. Having your personal strategy doesn't make it unique believing that you only have it, but just accepting it personally as the strategy you use to trade among many available strategies. It doesn't mean that the person invented it but only adopted it as their preference as long as it works and is dependable.

I for one, will never discourage anyone to have their own trading strategy, I would even encourage such, but at times, it might be good to use multiple strategies together so that they can be filtering one another before trading advice could be ascertained, and this would have increased the assurance that the strategy would work.

And basically to me, if a strategy satisfies the condition of earning at least 75% for me, then it is deemed to be qualified as a good strategy. However, it's left to the trader to limit the negative effect of the shortcoming of 25% of the strategy by using good management and plans with it.

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June 03, 2023, 06:19:35 PM
 #225

Obviously one should has his personal strategy as trading style is different from one to another. Thats why some will fail and some will archive assets during trade and all of those depends on strategy. Having good strategy can safe you from losing more assets. Following others trading Signals doesn’t make you profitable each time but a good strategy can! But no need to change strategy, rather keep modifying it while gathering experience
it doesn't matter if you follow other people's trading signals because in my opinion from there we can also learn how to learn good trading strategies,
I have followed paid signals by paying $ 30 for 1 year and there I learned a lot about technical analysis and until now I always use my strategy.

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June 12, 2023, 06:18:23 AM
 #226

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

well in the field of this whole trading, when i look at youtube what i see is same strategy many educational content creators kep making WHY Undecided Undecided, so the best part to me is having your ow strategy and stick to it. Another thing i noticed may educational content creators traders will just want you to trade like them, which is not supposed to be so in my opinion. so HAVING A STRATEGY OF YOUR OWN and sticking to it is a good start. have been working on my self and my own strategy lately hoping to see good results as time goes by.

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June 12, 2023, 06:54:07 AM
 #227

Obviously one should has his personal strategy as trading style is different from one to another. Thats why some will fail and some will archive assets during trade and all of those depends on strategy. Having good strategy can safe you from losing more assets. Following others trading Signals doesn’t make you profitable each time but a good strategy can! But no need to change strategy, rather keep modifying it while gathering experience
it doesn't matter if you follow other people's trading signals because in my opinion from there we can also learn how to learn good trading strategies,
I have followed paid signals by paying $ 30 for 1 year and there I learned a lot about technical analysis and until now I always use my strategy.

That's good if you are learning from it. I mean, there are trading signals that don't have explanations, just posting charts on their bias, and mostly those newbies are just following them and not learning from them. Though I haven't really relied on the trading signals, you can really learn from others, like how they trade, and you can make your own strategy, but it is really best to learn it and develop it on your own based on your understanding and tweak it over time.
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June 12, 2023, 08:36:16 AM
 #228

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

well in the field of this whole trading, when i look at youtube what i see is same strategy many educational content creators kep making WHY Undecided Undecided, so the best part to me is having your ow strategy and stick to it. Another thing i noticed may educational content creators traders will just want you to trade like them, which is not supposed to be so in my opinion. so HAVING A STRATEGY OF YOUR OWN and sticking to it is a good start. have been working on my self and my own strategy lately hoping to see good results as time goes by.
I wish you best of lucks with your strategy  a d I hope to see you win.
I also want to correct the fact that, not every  trader wants you  to trade like them because and even if they do, the choice is still yours since they aren't compelling you to do so and one of the major reasons why we watch YouTube trading videos is just to have the primary knowledge  of what a trader is doing and possibly  figure out your own strategy because it is never advisable to rely on the strategies of others because you might not be in control  just incase the strategy begins to fail.

It is best to have a personal  strategy  as this will help you  stay updated in the market.

R


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June 14, 2023, 05:44:10 AM
 #229

Yes, if you want to be a profitable trader, you must have a personal trading strategy. A set of rules and guidelines that you develop to guide your trading decisions. Having a well-defined strategy can help you approach trading with consistency, discipline, and a structured approach.

Your trading strategy should be based on a thorough understanding of the market, risk management principles, and your own trading preferences and goals.

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June 19, 2023, 08:40:18 AM
 #230

Having your own strategy is very important for a trader, who must have his own thoughts about the market, so he can assess his trading progress. gain or loss I think is the umpteenth point, but a healthy trading method is the main thing to be able to survive in the market. healthy trading can be done where we lose according to planning and profits with logical targets, and cumulatively we still have profits, because trading will not always be profitable and we must be aware of it, so being able to manage risk is very important

I fully agree, any trader that has been around for a few years needs his own trading strategy. As beginner its fine to copy successful strategies and try to make some profits in their shadows. But the problem is that no strategy is going to work forever. Markets are changing constantly and with it are the profitability of trading strategies. Also the more people copying a strategy, the smaller it's profit is going to be. That's why it's important to reevaluate our strategies regularly and adjust them when necessary. Only if we do our own research and make up our mind about future profits are we able to keep producing new strategies. This doesn't mean we need to reinvent the wheel, already doing minor adjustments to existing trading strategies can lead to profit again. Keeping an eye on the risk we take with our strategies is also important and protects us from larger losses.
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June 19, 2023, 08:53:45 AM
 #231

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?

well in the field of this whole trading, when i look at youtube what i see is same strategy many educational content creators kep making WHY Undecided Undecided, so the best part to me is having your ow strategy and stick to it. Another thing i noticed may educational content creators traders will just want you to trade like them, which is not supposed to be so in my opinion. so HAVING A STRATEGY OF YOUR OWN and sticking to it is a good start. have been working on my self and my own strategy lately hoping to see good results as time goes by.
I wish you best of lucks with your strategy  a d I hope to see you win.
I also want to correct the fact that, not every  trader wants you  to trade like them because and even if they do, the choice is still yours since they aren't compelling you to do so and one of the major reasons why we watch YouTube trading videos is just to have the primary knowledge  of what a trader is doing and possibly  figure out your own strategy because it is never advisable to rely on the strategies of others because you might not be in control  just incase the strategy begins to fail.

It is best to have a personal  strategy  as this will help you  stay updated in the market.

A shared information that we can use as a basis, but it's your decision to create your own pattern. Maybe at the beginning you can take that route and try if the strategy will work for you. Then along the way, you can adjust and enhance to get a better outcome. What we do will reflect on the outcome with each position that we take inside trading.

I agree with your statement, your strategy will develop along the way, it's just you need the basic knowledge and let yourself explore and try to work with your own establish trading patterns.


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June 19, 2023, 11:16:04 AM
 #232

Everyone has some personal strategies if they want to profit from trading without personal strategies it is difficult to achieve success from trading. There are some traders who rely on others without trusting themselves or developing any trading skills of their own. And often depending on others to make some money they share that opinion. It is your temporary thing, you can never succeed in trading depending on others. To be successful in trading, you must have a specific strategy that will make you successful in trading.

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Hamphser
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June 19, 2023, 08:35:30 PM
 #233

Everyone has some personal strategies if they want to profit from trading without personal strategies it is difficult to achieve success from trading. There are some traders who rely on others without trusting themselves or developing any trading skills of their own. And often depending on others to make some money they share that opinion. It is your temporary thing, you can never succeed in trading depending on others. To be successful in trading, you must have a specific strategy that will make you successful in trading.
Having no strategy doesnt mean that you cant trade, you would rather be deciding on following someone when it comes into their trading decision which it is really that possible but something regretful on the time

that those trading results or outcomes would really be negative or in losses. This is why it would really be ideal that you should really be having your own trading strategy on which you could really be able to

make your own trading decisions and wont really be something regretful on the time that you would really be making out some losses compared when you are following on someone.
Sooner or later on the time that you would be realizing things then it would really be turning out that having your owns strategy is something preferable rather than
on relying into others call.

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June 25, 2023, 06:05:28 AM
 #234

I think everyone already has their own strategy. Cause For them who Start newly trading and still gaining knowledge, they copy theirs strategy and continue trading. Cause those strategies are tested. Later, after gaining lot of experience and after understanding market, they build their strategy automatically. Sometimes it works, sometimes fails. But if your strategy let you survive in the crypto market in long term with profit, then there is no reason to Change it

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Inwestour
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June 25, 2023, 09:21:42 AM
 #235

Having no strategy doesnt mean that you cant trade, you would rather be deciding on following someone when it comes into their trading decision which it is really that possible but something regretful on the time

that those trading results or outcomes would really be negative or in losses. This is why it would really be ideal that you should really be having your own trading strategy on which you could really be able to

make your own trading decisions and wont really be something regretful on the time that you would really be making out some losses compared when you are following on someone.
Sooner or later on the time that you would be realizing things then it would really be turning out that having your owns strategy is something preferable rather than
on relying into others call.
It is difficult to understand how you can trade without a strategy, it most likely really involves using someone's signals, or maybe someone's advice, but it seems to me that this is an initially losing option, because you depend on someone if he does not tell you in time how to act, the opportunity will be missed.

If you act without a strategy and just buy, relying on your intuition, then it seems to me simply ridiculous, this is no longer trading, it will be a casino.

It seems to me that the simplest and most understandable strategy is better than its absence.

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Franctoshi
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June 25, 2023, 12:14:53 PM
 #236

Trading without your trading strategy is just like going to the farm to work without farm tools and I wonder if you can achieve anything at the of the day. After you think you must understand things about trading, the next thing is developing a strategy around what you learned, You should have backtesting of your strategy with a Demo account to ascertain or examine how profitable you would become with it before implementing it in a live account.

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June 25, 2023, 04:45:40 PM
 #237

Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
own strategy is definitely important factor for any financial work including trading. Because if one does not use his personal technique then he can never stand out from others.  And can't do anything good. Because everyone wants to stand out from others and live rich, each case needs its own strategy that gives confidence to succeed. therefore, if you want to improve, it is very important to adopt your own strategy


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June 25, 2023, 06:29:39 PM
Last edit: July 12, 2023, 05:50:39 AM by jasonjm
 #238

Absolutely, yes! Everyone should have their own personal trading strategy because a strategy that is working for you might be harmful to the other person.
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June 25, 2023, 06:44:33 PM
 #239

Literally every trader must have his own strategy, even though we learn from strategies from other people (experts) on various platforms or books. But at least we traders must have a strategy to define our investment goals clearly. This is similar to any investment, including for doing business, we must have our own strategy. That's why it's very important to have clear goals before making any investment.

Because with a strategy we know very well which direction we want to go and how to position ourselves when the market goes up or down. Ideally, there are two general views in Bitcoin trading, namely: Just want to collect Bitcoin and Want to pursue profits by buying and selling.
 
If we decide to become a Bitcoin trader, then we must focus on collecting profits, not collecting Bitcoins.

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June 25, 2023, 07:13:53 PM
Last edit: June 25, 2023, 08:20:14 PM by ndutndut
 #240

Absolutely, yes! Everyone should have their own personal trading strategy because a strategy that is earning you a profit can potentially cause someone else to lose money.
What you need to know first is that the Bitcoin world is very volatile in price. but this is also what makes investors interested in bitcoin trading. although it is not easy to learn, but if you have a personal strategy and keep learning it will be very profitable. But there's nothing wrong with listening to other people's strategies to take into account your own strategy.

Because you can't trade haphazardly, at least you have to understand the basic understanding and the right strategy. it is very strange if you don't have a personal trading strategy, but only rely on feeling or instinct.

In essence, you have to start from a small fund first so you can minimize losses. After we know how the market works and find the best personal strategy for trading Bitcoins, then there's nothing wrong with us increasing our funds to buy bitcoins.

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June 25, 2023, 07:15:48 PM
 #241

it doesn't matter if you follow other people's trading signals because in my opinion from there we can also learn how to learn good trading strategies,
I have followed paid signals by paying $ 30 for 1 year and there I learned a lot about technical analysis and until now I always use my strategy.

I think getting knowledge from the strategies of others is good option but if one think that he will get profit by completely following the strategies of others so it is not possible because you don't know that beside this strategy what he will do for achievement of success.

You have learned technical analysis by paying 30$ for year then it's not such a high cost and you do well to continue your journey of success in crypto investment of trading. There are many individuals who take payment but do not provide useful information and you learned well so it means that you did not face any scammer which is also a plus point for your achievement.

You learned well and if you use these strategies you will surely be  successful person so with passage of time you will get more experience.



 

 

 

 

 

 


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June 25, 2023, 07:36:47 PM
 #242

it doesn't matter if you follow other people's trading signals because in my opinion from there we can also learn how to learn good trading strategies,
I have followed paid signals by paying $ 30 for 1 year and there I learned a lot about technical analysis and until now I always use my strategy.

I think getting knowledge from the strategies of others is good option but if one think that he will get profit by completely following the strategies of others so it is not possible because you don't know that beside this strategy what he will do for achievement of success.

You have learned technical analysis by paying 30$ for year then it's not such a high cost and you do well to continue your journey of success in crypto investment of trading. There are many individuals who take payment but do not provide useful information and you learned well so it means that you did not face any scammer which is also a plus point for your achievement.

You learned well and if you use these strategies you will surely be  successful person so with passage of time you will get more experience.
Be versatile on which this would be the key on fastening up the process on learning. Making some snippets on others strategies and ways on how they would trade would at least be giving that additional knowledge which

those learnings would really be added up into you which this is preferable and not something that you should really be stopping on doing so. Whats best is on having your own personal strategy which do came out from your own analysis on which it is really that something that would be preferable. Its not bad to look up with others strategy but relying and being dependent is something not really that you should consider.
You cant really be that able to follow someone like forever on which there's really a time on where you would be able or need to trade on your own. This is why as much as possible then you should
learn up things on how its been done because on the time that you would decide on going solo then you could be able to make yourself stand out on your own feet.

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June 25, 2023, 11:13:27 PM
 #243

Trading without your trading strategy is just like going to the farm to work without farm tools and I wonder if you can achieve anything at the of the day. After you think you must understand things about trading, the next thing is developing a strategy around what you learned, You should have backtesting of your strategy with a Demo account to ascertain or examine how profitable you would become with it before implementing it in a live account.

I realize that new traders are always in a rush to make a quick profit; they always have so much FOMO that they don't even see practicing on the demo account as something that is worth spending time on. They will just dive in straight with their capital, and with a few mistakes, all their assets will get liquidated, and they will end up casting blame on crypto. This is the reason why some people have negative perceptions about crypto. Just as you said, a trading strategy is what one can build when learning how to trade. Then you develop a strategy that best works for you, or even if you get a strategy from another trader, the person is supposed to do some practice on the strategy by using the demo account just as you stated, but most people just forget all those principles just to make a quick profit.

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June 26, 2023, 02:31:05 AM
 #244

I think everyone already has their own strategy. Cause For them who Start newly trading and still gaining knowledge, they copy theirs strategy and continue trading. Cause those strategies are tested. Later, after gaining lot of experience and after understanding market, they build their strategy automatically. Sometimes it works, sometimes fails. But if your strategy let you survive in the crypto market in long term with profit, then there is no reason to Change it
I think there are several strategies to follow in trading. Not everyone can make profit from trading. New traders should always follow some rules. First of all new traders should understand about trading and then start trading with small amount of money.  In the new situation, if you start trading with wrong decision without understanding, then there can be many big problems.


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Awaklara
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June 26, 2023, 04:39:43 AM
 #245

I think everyone already has their own strategy. Cause For them who Start newly trading and still gaining knowledge, they copy theirs strategy and continue trading. Cause those strategies are tested. Later, after gaining lot of experience and after understanding market, they build their strategy automatically. Sometimes it works, sometimes fails. But if your strategy let you survive in the crypto market in long term with profit, then there is no reason to Change it
I think there are several strategies to follow in trading. Not everyone can make profit from trading. New traders should always follow some rules. First of all new traders should understand about trading and then start trading with small amount of money.  In the new situation, if you start trading with wrong decision without understanding, then there can be many big problems.
therefore it is important to gain trading experience from a small capital first. some mistakes i race won't be a problem as long as it cultivates the skill of the merchant.
those who are currently great traders are also not without faults in the trading strategies they used in the past. traders who learn from mistakes and correct them, they can get success in the future. every beginner of course needs more experience to get better.

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carlisle1
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June 26, 2023, 05:13:56 PM
 #246

Trading without your trading strategy is just like going to the farm to work without farm tools and I wonder if you can achieve anything at the of the day. After you think you must understand things about trading, the next thing is developing a strategy around what you learned, You should have backtesting of your strategy with a Demo account to ascertain or examine how profitable you would become with it before implementing it in a live account.

I realize that new traders are always in a rush to make a quick profit; they always have so much FOMO that they don't even see practicing on the demo account as something that is worth spending time on. They will just dive in straight with their capital, and with a few mistakes, all their assets will get liquidated, and they will end up casting blame on crypto. This is the reason why some people have negative perceptions about crypto. Just as you said, a trading strategy is what one can build when learning how to trade. Then you develop a strategy that best works for you, or even if you get a strategy from another trader, the person is supposed to do some practice on the strategy by using the demo account just as you stated, but most people just forget all those principles just to make a quick profit.

By doing practice, you'll be able to familiarize yourself in what are the possibilities and what can you do to avoid making mistake,
you'll be able to learn things and you'll be able to be ready when you step your foot inside trading.

I go with the idea of watching and following some experienced traders. They can give you good hint in performing your trade, might not
have the same outcome, but you'll be able to learn from how they execute their trades.

It's important to take time and not to think that it's an easy journey or a quick way to earn money.
Dr.Bitcoin_Strange
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June 28, 2023, 08:33:42 PM
 #247

I go with the idea of watching and following some experienced traders. They can give you good hint in performing your trade, might not
have the same outcome, but you'll be able to learn from how they execute their trades.

There are some situations where someone can just hear about crypto trading for the first time and be ready to go into it without even having anyone to teach them; at that point, they may not really have or see any experienced traders to learn from. So, sometimes there is no really experienced trader to learn from; the only thing to do is practice on the Demo account, if the trading platform they are using has a demo section.

.
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Mahanton
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June 28, 2023, 09:41:52 PM
 #248

Trading without your trading strategy is just like going to the farm to work without farm tools and I wonder if you can achieve anything at the of the day. After you think you must understand things about trading, the next thing is developing a strategy around what you learned, You should have backtesting of your strategy with a Demo account to ascertain or examine how profitable you would become with it before implementing it in a live account.

I realize that new traders are always in a rush to make a quick profit; they always have so much FOMO that they don't even see practicing on the demo account as something that is worth spending time on. They will just dive in straight with their capital, and with a few mistakes, all their assets will get liquidated, and they will end up casting blame on crypto. This is the reason why some people have negative perceptions about crypto. Just as you said, a trading strategy is what one can build when learning how to trade. Then you develop a strategy that best works for you, or even if you get a strategy from another trader, the person is supposed to do some practice on the strategy by using the demo account just as you stated, but most people just forget all those principles just to make a quick profit.

By doing practice, you'll be able to familiarize yourself in what are the possibilities and what can you do to avoid making mistake,
you'll be able to learn things and you'll be able to be ready when you step your foot inside trading.

I go with the idea of watching and following some experienced traders. They can give you good hint in performing your trade, might not
have the same outcome, but you'll be able to learn from how they execute their trades.

It's important to take time and not to think that it's an easy journey or a quick way to earn money.
Yeah, this is why its really that impossible that you wouldnt really be able to make yourself some strategy later on on which it would really be something that you would be thinking on the time that you would
really be gaining up some knowledge towards trading or simply on the time that you would really be getting some experience and knowledge on which you would soon realize that you would really be making
your own ways on how to trade up with this market. It does really depend though on a certain individual since not all would really be that sensible or mindful towards their actions on which it would really be just
that normal that they would really be having those thoughts that they would be just simply relying into others call and would be following until in the end if you are really that lazy enough but if
not then you would really be thinking up ways on making things for the better.

R


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carlisle1
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June 29, 2023, 05:57:44 PM
 #249

I go with the idea of watching and following some experienced traders. They can give you good hint in performing your trade, might not
have the same outcome, but you'll be able to learn from how they execute their trades.

There are some situations where someone can just hear about crypto trading for the first time and be ready to go into it without even having anyone to teach them; at that point, they may not really have or see any experienced traders to learn from. So, sometimes there is no really experienced trader to learn from; the only thing to do is practice on the Demo account, if the trading platform they are using has a demo section.


It's on you I get your point. There are traders who are willing to jump right away and try some luck if they will earn from this business,
they are not going to look for any experienced traders to follow.

They are just going to move forward and will try everything. If luck permits, then they will gain. If not, then it will be charged to experienced
and the next thing to do is to decide if they will continue or they will stop and forget about this market.
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July 06, 2023, 07:19:14 PM
 #250

It is wise to have your own strategy cause trading is highly depend on it. technical & fundamental analysis, money management, buying positions, all are depends on strategy. The more perfect strategy you have, the less possibility for your assets to be lost.
and for how long do you stick to this strategy?
So if you find out better strategy which is better working then previous one, then feel free to replace it with new one. Cause thus your Strategy will be more effective in upcoming days.

Obari (OP)
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July 06, 2023, 11:13:58 PM
 #251

It is wise to have your own strategy cause trading is highly depend on it. technical & fundamental analysis, money management, buying positions, all are depends on strategy. The more perfect strategy you have, the less possibility for your assets to be lost.
and for how long do you stick to this strategy?
So if you find out better strategy which is better working then previous one, then feel free to replace it with new one. Cause thus your Strategy will be more effective in upcoming days.
I had to qoute you because I love how straight  forwarded you were answering the questions but I wish  to know if you think having a personal strategy  at some point guaranty some sort of profits because I personally don't  think so.

I go with the idea of watching and following some experienced traders. They can give you good hint in performing your trade, might not
have the same outcome, but you'll be able to learn from how they execute their trades.

There are some situations where someone can just hear about crypto trading for the first time and be ready to go into it without even having anyone to teach them; at that point, they may not really have or see any experienced traders to learn from. So, sometimes there is no really experienced trader to learn from; the only thing to do is practice on the Demo account, if the trading platform they are using has a demo section.
One thing you must know is that, there is a bug difference between trading on demo and trading on a real and live account.  I've always believed that no matter how good you are with trading on demo especially  as a newbie, there are still great possibilities of breaking alot of the rules and principles you might set before starting on a real account and this happens most times because people trade with emotions and very high expectations and relatively  very low capital and expect to make all the money their imagination  can think of and hence leading to blowing of account.

Don't know if you've heard of copy trading but so many people are already engaging in this without wanting to bother themselves with all the stress of reading charts and getting a strategy.

R


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Ricardo11
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July 08, 2023, 04:16:22 AM
 #252

It is better to have a personal trading strategy, as it will give us a greater chance of success. I always trade using personal trading strategy, it helps us to make right decisions while trading. And it increases the success of trading. For the past few years I have been trading using trading strategies, and I have managed to own a good amount of money. In my opinion everyone should have a personal trading strategy. This will help us to earn good amount of money from trading.

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July 08, 2023, 04:01:10 PM
 #253

It is better to have a personal trading strategy, as it will give us a greater chance of success. I always trade using personal trading strategy, it helps us to make right decisions while trading. And it increases the success of trading. For the past few years I have been trading using trading strategies, and I have managed to own a good amount of money. In my opinion everyone should have a personal trading strategy. This will help us to earn good amount of money from trading.

Absolutely, because in trading you are your own boss. Which also means you are the only person accountable for your own actions. If you don't set rules, systems, and strategies in play. You will not have any guide to where you are going or what you want to achieve trading. You are the only person who can restrict yourself. It's your own approval and your own actions. That's also how you build the discipline required in profitable trading.

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Dickiy
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July 08, 2023, 05:54:04 PM
 #254

It is better to have a personal trading strategy, as it will give us a greater chance of success. I always trade using personal trading strategy, it helps us to make right decisions while trading. And it increases the success of trading. For the past few years I have been trading using trading strategies, and I have managed to own a good amount of money. In my opinion everyone should have a personal trading strategy. This will help us to earn good amount of money from trading.
It is a good step to seek learning from every custom market we enter and then create our own strategy. Using your own strategy will be better than looking for other alternatives such as following several signals from a group whose percentage accuracy cannot be ascertained. We are a company and our mind is the boss who will manage all the policies in it. At first I didn't realize that in trading we cannot depend on other people, I mean other people's knowledge and then we follow it. When I depend on several signals in one of the groups that I follow, for some reason I always experience losses, but when I try to do it myself, I can indirectly reduce the level of losses with several things that I shouldn't have done.

In addition, it would be better for traders, especially beginners, to use their own strategy, because indirectly you can find out the advantages and disadvantages of your strategy, you will know when you have to enter the market and when you have to leave it when you know that it is not the right time. appropriate. When you get a profit you will know what caused you to get a profit and when you get a loss then there you will also know that you cannot do the same thing so that the loss will not come again. The bottom line is that the best decision is within you for the opportunity to start trading.
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July 12, 2023, 07:34:27 PM
 #255

It is better to have a personal trading strategy, as it will give us a greater chance of success. I always trade using personal trading strategy, it helps us to make right decisions while trading. And it increases the success of trading. For the past few years I have been trading using trading strategies, and I have managed to own a good amount of money. In my opinion everyone should have a personal trading strategy. This will help us to earn good amount of money from trading.
Acquainted with your personal trading strategy, would be difficult at first but as times goes by, it becomes more smooth and convenienable for trader, but I would recommend signals and copy trading for newbies, because this is not something we would just start overnight, we have to plan out our trading strategy to match the market. Ofcourse it's a good to have a personal trading strategy in the space. I study most strategies specifically the ones from pro traders, knows their every move and sometimes follow CPI news.

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July 12, 2023, 08:18:08 PM
 #256

but I would recommend signals and copy trading for newbies, because this is not something we would just start overnight, we have to plan out our trading strategy to match the market. Of course, it's good to have a personal trading strategy in the space. I study most strategies specifically the ones from pro traders, knows their every move, and sometimes follow CPI news.

Do not be in a rush to earn, Should learn before you earn. For me, I don't suggest such because that is going to cause a distraction in their learning process, A trading strategy is just like a knife and hoe used in farming and it is necessary for our trading journey.
The person whom you copy from or trades the signals once sacrifices his time to learn and you too should do the same.

R


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Bushdark
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July 12, 2023, 08:22:10 PM
 #257

Literally every trader must have his own strategy, even though we learn from strategies from other people (experts) on various platforms or books. But at least we traders must have a strategy to define our investment goals clearly. This is similar to any investment, including for doing business, we must have our own strategy. That's why it's very important to have clear goals before making any investment.

Because with a strategy we know very well which direction we want to go and how to position ourselves when the market goes up or down. Ideally, there are two general views in Bitcoin trading, namely: Just want to collect Bitcoin and Want to pursue profits by buying and selling.
 
If we decide to become a Bitcoin trader, then we must focus on collecting profits, not collecting Bitcoins.
Looking at the strategy aspect, not everybody that need to have there own strategy, we can always buy different strategies that we like from the market or from pro traders that are willing to sell there own strategy to the public to earn some cash. Since not everyone of us can develop there own strategy, I always look to the market or some sites where I can buy trading strategy to test and use in the market to make extra profits for myself.

When I started trading, I never have my own strategy, I was using the strategy that my tutor thought me in the market making some few profits but for the quest to make more money, I decided to look for other strategies that can increase my profits since loses is part of the game.

 Sometimes I do make profits and lose it back to the market which is one thing all traders want to avoid so that the little we earn from the market will not be given back to the market. Those who know this do devise a way to avoid given out the profits they made so far back to the market. This is part of the complicated part of trading that we need to keep our eyes on.









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Hamphser
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July 12, 2023, 08:43:07 PM
 #258

but I would recommend signals and copy trading for newbies, because this is not something we would just start overnight, we have to plan out our trading strategy to match the market. Of course, it's good to have a personal trading strategy in the space. I study most strategies specifically the ones from pro traders, knows their every move, and sometimes follow CPI news.

Do not be in a rush to earn, Should learn before you earn. For me, I don't suggest such because that is going to cause a distraction in their learning process, A trading strategy is just like a knife and hoe used in farming and it is necessary for our trading journey.
The person whom you copy from or trades the signals once sacrifices his time to learn and you too should do the same.
Common mistake for most individual or trader is that they are really that rushing up things to learn and this is why on the time that they do engage on then they are really that susceptible into lots of errors and mistakes.Although we do know that mistakes and errors is common or normal but we do really have that so-called a certain extent or level on which that it could really be that possibly be lessen out if you are really that
mindful when it comes to your trading outcomes and decisions on which it is something that you should really be mindful with. Its true that having your own personal trading strategy is much more better
compared when you do keep  yourself that too relying into others or simply copying on what they do have.

Also, when you do have your own strategy then you wouldnt really be having that kind of feeling of regret on the time that you would really be losing money because of your trades,compared when you do
follow someone and make decisions on someones analysis which it is really that regretable.

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kawetsriyanto
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July 12, 2023, 09:40:09 PM
 #259

Absolutely, yes! Everyone should have their own personal trading strategy because a strategy that is working for you might be harmful to the other person.
Sure, everyone may have own trading strategy because everyone has a different style and goal in trading. Some people trade daily, they want faster profits. While others may not trade daily and don't hurry to take profits. So, their goals and style are not the same, they need a different strategy.

By the way, it is true that a certain strategy may work effectively with us. But it may not work effectively to other people. However, I don't think there is a strategy that can harm people as long as the people know well their goal.


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July 13, 2023, 02:17:04 AM
 #260

Trading preferences cannot suddenly immediately trust the strategies of other people or the same friends around you because everyone's investment goals are different and the targets are also different. You must first know your trading strategy and what your trading goals are like. That way later you will be able to feel for yourself by implementing your trading options according to your strategy, you will be more responsible for each of your trading decisions in the future.

In essence, I think the most important point you can make is to do your research before trading. Too many people just buy because of the hype or because a YouTuber tells you to buy without them doing their research, this is very dangerous for your finances. There's nothing wrong with trying to listen to other people's strategies to become your reference or comparison when making decisions later when trading.

R


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July 13, 2023, 05:01:35 AM
 #261

Absolutely, yes! Everyone should have their own personal trading strategy because a strategy that is working for you might be harmful to the other person.
Sure, everyone may have own trading strategy because everyone has a different style and goal in trading. Some people trade daily, they want faster profits. While others may not trade daily and don't hurry to take profits. So, their goals and style are not the same, they need a different strategy.

By the way, it is true that a certain strategy may work effectively with us. But it may not work effectively to other people. However, I don't think there is a strategy that can harm people as long as the people know well their goal.


It's also not easy to find a strategy that really suits us because it's necessary to try,
it takes time and an exact process to find a suitable strategy,
like that indeed what we think can work effectively is not necessarily the same thing will happen to other people.

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July 13, 2023, 07:44:20 PM
 #262

Absolutely, yes! Everyone should have their own personal trading strategy because a strategy that is working for you might be harmful to the other person.
Sure, everyone may have own trading strategy because everyone has a different style and goal in trading. Some people trade daily, they want faster profits. While others may not trade daily and don't hurry to take profits. So, their goals and style are not the same, they need a different strategy.

By the way, it is true that a certain strategy may work effectively with us. But it may not work effectively to other people. However, I don't think there is a strategy that can harm people as long as the people know well their goal.


It's also not easy to find a strategy that really suits us because it's necessary to try,
it takes time and an exact process to find a suitable strategy,
like that indeed what we think can work effectively is not necessarily the same thing will happen to other people.

Yes, that's exactly right, not because the strategy works for someone means that you can use it and have that same outcome,
it's better to try to see if there're adjustments that you need to work out.

Or, it's also possible that maybe the strategy is not fit for your personality most of the time. People think that they can have
a working strategy by following what others are doing.

Not knowing the risk, they ended up losing a lot before they realize what's they've done wrong.
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July 15, 2023, 07:36:18 PM
 #263

If you tested your strategy since years and you have got average result, then it is okey to use it as your primary strategy if you want. Then day by day, You'll face new situation and gain many experiences and strategy will be better than before. But strategy need to be tested before apply, which cost lots of years to invest. So it isn’t bad to buy signals from vip groups. I do that but dyor! Don't get scammed

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