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Author Topic: What are the Trading Strategy , can i get any best suggestion or reference?  (Read 283 times)
gurujangid (OP)
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April 07, 2023, 05:44:22 AM
 #1

What are the Trading Strategy , can i get any best suggestion or reference?
m0ney2bmade
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April 07, 2023, 05:50:48 AM
 #2

What are the Trading Strategy , can i get any best suggestion or reference?

there is no best trading strategy. All in all they are all just the same in different forms. if you are a beginner I would go ahead and start with the basics. understanding how to read candlesticks and learning how to read S&D
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April 07, 2023, 06:13:39 AM
 #3

What are the Trading Strategy , can i get any best suggestion or reference?

there is no best trading strategy. All in all they are all just the same in different forms. if you are a beginner I would go ahead and start with the basics. understanding how to read candlesticks and learning how to read S&D
I am beginner and want to learn.
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April 07, 2023, 07:46:26 AM
 #4

What are the Trading Strategy , can i get any best suggestion or reference?
Trading strategies differs from one trader to another trader. Trading strategies are what you think and follow to trade inorder to make profit, but it may result to either profit or loss.

Assuming I have $1000 and I use $100 to trade which is just 10% of the money that I have.
Assuming I do not go more than 2x as my margin ratio that I am using it to open position anytime that I want to trade
Assuming I start the trade with 0.5x margin ratio and if the market do not favour me, and I go 2x max
Assuming I do not trade until the market fall to a significant level or using indicators for it
Assuming I do not even trade futures but trading only on spot market

All I listed above are strategies, everything you do that make you to make profit while trading is the strategy that you are using to trade. If you are still losing, that means that your strategy is not working and you will need to modify it or change it.

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Cryptomiles1
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April 07, 2023, 08:23:35 AM
Merited by un_rank (1)
 #5

There are some questions that you may want to ask over here first use the search engine to know if such have already been created. Aside that, trading strategies is what you develop by yourself that would be favorable to you maybe whenever you are using it and feels is better for you then you can go ahead using it. But imploring another's strategies may not be favorable to you. So why not devote your time to diverse the best way for yourself.
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April 07, 2023, 08:40:46 AM
 #6

As suggested, you do not walk into trading and request for trading strategies which you can apply to your own trades. As a beginner who wants to learn, you need to do research on what trading strategies are, how they are applied and which would work best for you. Following this steps, you are not copying someone else's style, but actually discovering your own trading style.

Do some rudimentary research, get some background knowledge and then build on that.

- Jay -

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April 07, 2023, 09:12:29 AM
 #7

What are the Trading Strategy , can i get any best suggestion or reference?
There is no fixed strategy for trading it's all open ended so you need to understand some basic things viz. So hopefully you won't lose too much by trading

1. Never trade in panic as you may make wrong decisions and face losses
2. Never invest the full amount on just one coin
3. Don't panic and sell any coins even at a loss.  Wait until the loss is recovered.
4. Do not invest according to other's decision or advice, research yourself before investing
5. Invest a maximum of 20% of the total trading budget on a single coin
6. Focus more on potential coins like Bitcoin, Ethereum, BNB, Matic, TRX etc.
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April 07, 2023, 09:40:36 AM
 #8

What are the Trading Strategy , can i get any best suggestion or reference?
It's the traders' way of approaching the market. It is a criteria or a plan that a trader follows before they make an entry in the market. Every trader already has a different strategy and they have backtested it very much to prove that it is working with the modern movement in the market before they use a so-called strategy.

Now there are many strategies that come out anywhere online, and that strategy is not very effective nowadays because many people already know even the market-makers. So because these strategy are now common, it is easier for market-makers to find the "stop losses" of small traders. They are the ones to manipulate to get their stop losses because the money is there, before the market continues to where it is going. The signs of manipulation are those very long wicks.  
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April 07, 2023, 01:02:40 PM
 #9

You are asking open ended question and that won't make you get direct answer to what you actually want to get, that is if you really have an idea of what you are asking for. I think you can give an example of what issues that you have in your trading strategy to know if you are doing the right thing because there are different strategies to trade so that you don't confuse yourself more. Therefore are you a scalper, day trader or swing trader?
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April 07, 2023, 02:43:11 PM
Merited by fillippone (1)
 #10

There's a lot of information online for free, we're in the era of internet, you could search some techniques and tips which is also from known traders. After knowing the basics you could start with a small amount first for you to adapt how trading works. It would be hard to rely on someone calls that's why its important for you to gain experiences so you can decide for your own strategies. Don't rush on this industry since its your fund in the line, gather more knowledge online. I'm telling you to learn for yourself due to I only learned by the use of internet. Still be careful since fraud is everywhere especially in Telegram where group of people are scammers. Double check reliable resources.

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April 07, 2023, 06:26:21 PM
 #11

Trading cryptocurrencies requires you to first choose a reputable trading platform and also try out the demo option of the platform, which allows you to learn how to trade with some free funds. It's from the demo trading that you can learn how to combine some trading tools and develop a strategy that really can work best for you.

There are a lot of trading platforms, and perhaps if you have any in mind already, you can go on YouTube and search "how to trade on..." then add the name of the exchange you have in mind.

Also, before trading cryptocurrency, you need to study about the currency pair you want to trade; for example, you need to know how volatile the coin is and also how often it becomes volatile. Also, do not use high leverage when trading because a higher leverage means more risk, and if you are not very careful, your asset can be liquidated.

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April 07, 2023, 07:24:09 PM
 #12

I would guess that if you want to learn which trading strategy would work for you, the best thing to do would be making sure that you could profit from it as much as you potentially could with what you learn. And if you do not know and haven't learned much, then you could learn from online sources, you can look at them on google or look at them on youtube and there are a million places that teaches you how to learn trading.

Those would be pretty good for many people and should be used. You can't find the best advice here, this is just text and would take too long, this is why you should either read or watch some courses online which is designed for this purpose. They are usually free but some of them may charge too.

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April 08, 2023, 06:56:06 AM
 #13

can i get any best suggestion or reference?
Be careful for any suggestion you get while asking for the best strategy, most traders think their strategy is the best, and if you meet a trader who is willing to tell you how they do it, it may not still work for you after a couple trades. Trading strategies are always changing, a strategy that you are referred to today as the best will not be the best tomorrow because of how the market is dynamic. Rather than asking for the best strategy, ask how best you can create your own working strategy. If you learn how to create strategies, you will be able to change and modify them with the same tips as the market changes.

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April 08, 2023, 08:43:32 AM
 #14

price action trading strategy is one of the most reliable, i have been using this strategy to trade forex for sometime now and it works perfectly well, i recommend it to every beginner seeking to become profitable.

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April 08, 2023, 08:47:27 AM
 #15

What are the Trading Strategy , can i get any best suggestion or reference?
There's no best one, only the strategy that works for certain circumstances. For reference and beginner friendly I think it's best if you look at Binance Academy Trading Guide and browse their the different strategies that they are teaching. Of course, there are lot of it on internet so it's for you to "do your own research (DYOR)".

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April 09, 2023, 06:42:06 PM
 #16

You are asking about trading strategies but i will say that never copy the strategies of others because sometime it will be better for others but not for you so hear about it but don't completely copy it. Simple is that if you are newbie and want to initiate trading then just start from bitcoin and know about the price that at what price you will sell it or at what price you will buy. Also remember that whenever the price unfortunately goes down then be patience and think that the decision which you are taking will be better for you or not. If someone tell you about any coin then first make research and then select such coin because there are lots of coins which become died during bear market so always choose old and stable coin for investment.

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April 09, 2023, 07:01:03 PM
 #17

There are many strategies about trading and even several other articles also provide this but the most important thing is that each strategy is different from what we run. Sometimes when someone starts they already know their own strategy, but the most important thing is that you have to be able to manage risk which is good for preventing big losses or targeting what percentage of profit you want to get on each trade, discipline, not emotional, not panic, and all of that must be controlled by a trader.

However, there is a thread, maybe this is a little guide where you as a beginner would like advice and references if you look at it and learn more.

[1] Step-by-Step Guide for Beginner Crypto Traders

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April 09, 2023, 08:06:44 PM
 #18

the first thing you should do is to learn how to trade from Experience Trader i can refer you to free trading community
they Share Tips and New Strategies on the group they also Have Something Called daily Trade Updates
i cant post link here PMs me or Allow messages from newbies enable this option to receive my message to do that go to profile tap then on Modify Profile click on Personal Message Options then enable Allow newbies to send you PMs.
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April 09, 2023, 08:53:48 PM
 #19

What are the Trading Strategy , can i get any best suggestion or reference?

There is no better suggestion or reference than you learning the fundamentals of trading yourself. The best trading strategy is to conduct your own research and apply it to your daily trading. Listening to and following another trader's strategy could result in a large profit or a large loss, and the risk will be on you alone, not the trader you followed. It is acceptable to take risks in trading, but only those risks that you can afford to bear. As a beginner, having your own strategy plan and setting your limits after making your mind is the best strategy to start with right now.

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April 09, 2023, 09:37:42 PM
 #20

What are the Trading Strategy , can i get any best suggestion or reference?
There’s no best strategy aside from you learning how trading works.
You cannot just copy the strategy of the others, its better if you have your own strategy. Now, its better to learn the process of trading, learn the purpose of indicators and use it for you to create a good strategy. Trading can be more profitable if you know how to use it based on your own timeline.
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