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Author Topic: This is how i trade often my spot market easy method  (Read 185 times)
Wallstwhale (OP)
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May 15, 2024, 01:01:21 PM
 #21

I don't hold long usually just few days to one week.
And yes i was doing futures with high leverage and lost a lot and won alot.... but spot market it's just easy and i can control 100% the trades and outcome when i trade on spot market that's why the military training need to be harder then actual military mission situation in the real war.
I been training myself with futures and for me spot market it's like relaxing easy.
That's why buy only with 30% max per one trade and use dca method 0.5% only so to make sure i don't run out of USDT i got to think and plan and act like bank If i want to earn like bank always need to have a lot cash reserves and by using only 0.5% it gives me peace of mind i don't run out of cash even the coin will fall down -200% that's how liquity assured i am in this.


So let's breakdown your strategy when things didn't go in the way you expected like in those few days?

I wonder what is the next step.

Sell at whatever the current price and consider it as loss or do you set stop loss to secure your capital from liquidated, I am eager to know the complete strategy with this random altcoin 24hr pick.


If i put just 30% in coin and i keep buying with 0.5% of my capital then coin can fall i don't care i have enough funds to buy it with 0.5% daily it's easy.
Trading is numbers game
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May 15, 2024, 02:52:34 PM
 #22

Which exchange do you use for your trading? I agree once you learn how to execute it's very easy to earn from it. Sometimes holding can give you decent ROI, and short term or intraday trading can also share you quick profit however in case of a bear or volatile market this strategy might not work cause in that case you can see more dips and downtrends upon your entry so you must be careful while investing and avoid investing huge amount in a project. For potential projects, I have configured some exchanges like Bitget, OKX Kucoin etc.
EarnOnVictor
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May 15, 2024, 03:48:09 PM
 #23

Bro, first, you never told us when you started this strategy, the time you've spent so far using it and the result ever made with it. Nevertheless, if I should be sincere with you, you are actually gambling, nothing more. Though this is a strategy (because at least you can prove it and are constrictive about it as well), but for it to work is the issue. Trading and investment need you to be thorough with some analyses to be able to speculate, and not about looking for the low to buy against the actual trend of the market.

Well, this may be helping you for now, but I can assure you, if you win for a whole week or two, you can't keep those gains and good track with this style for more than a month. So for what use/good? I advise you to find a working strategy that will be time-tested, this is the only way you can achieve your consistent winning in the market. Mind you, with your trading style, what if the market is strongly bearish at that time but misrepresent it? This strategy can only work with ranging, channelling and sideways market conditions.

That is when you can easily buy the low of a bearish market without any consequence. Above all, my brother, it will soon work against you.

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May 15, 2024, 06:38:32 PM
 #24

30% is a large amount of the capital to be used for a single trade, what if you make about 3 trades and none of them work? All the coins or tokens that you have bought go down further and you don't see them going up for about a week or so? We know this is possible in this market, and if that happens, you will have all your funds stuck in the trades and won't be able to make any more trades until the market goes up again.

So even though this strategy might work, it is situational, which means that it can only work in some market conditions and won't work in others, and it can get you trapped in case the market dips after you make your trades. If you say that you won't make more trades if one trade isn't done, even in that case, you will still have to wait until the market goes up again.

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May 15, 2024, 08:58:00 PM
 #25

I trade on spot before i used futures trading once you have experince with futures the spot market will look like walk in the park.
I don’t encourage anyone to start trading on futures. If you are planning to learn how to trade, then it’s better you start with spot trading. If you decide to jump into futures trading, you might end up losing everything you are trading with, and you won’t be learning anything about trading. If you want to learn how to trade, start with spot trading. If you understand everything about spot trading, then you can give future trading a trial, but whenever you are trading futures, always know you are taking a high risk compared to spot trading.
 
Your strategy might be working perfectly for you, but I won’t encourage anyone to follow it. What works for you might not really work for other people, and altcoins that you are trading are really risky, anything can happen to them at any moment, and you are trading them on futures. Seriously, you just have to be careful with future trading because you might end up losing everything you have if you are not careful.

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May 15, 2024, 09:23:09 PM
 #26

The saying that what has advantages also has disadvantages, so in this case, both spot trading and futures are very good in terms of trading, and they are also doing well if you can have patience and endure with the type of coins you choose to trade on. Because the thing with trading is that if you buy at a low price and wait for the market to rise in the future, you can earn a huge amount of profit that you didn't expect.
But not all people's have that mind to overlook the coins that they are trading on, which is why most people's definitely lose in terms of trading, but sometimes many people's prefer to hold a coin so that they will have peace of mind and won't be thinking of marketing strategies..

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May 16, 2024, 07:16:19 AM
 #27

I trade on spot before i used futures trading once you have experince with futures the spot market will look like walk in the park.
I check wich altcoins on 24h lowest so today i see it's TON coin.
I entry in this trade with 30% of 100% funds and i start keep buying with 0.5% daily until I see price goes up enough to sell.
Once done i look another coin lowest in 24h time and i buy again with 30% and after that keep buying daily with 0.5% until price goes up and i think it's good time to sell i sell 95%-99% usually it's good to leave something not sell all but off course i want to get cash as much is possible.
In case there is bull market i'll just pick the coin wich is less higher then other altcoins.
I do one coin at the time and i use quite large amount for this.
Whether you trade mostly on futures or spot, it's always been the spot that don't have that much pressure at all and that's why you can say that it's like a walk in the park.
But if you're going to say that in the perspective that you've been used to the futures, that is because you're profitable. If the time comes that you're not profitable, you'd go back to the spot whenever you can because we're all free to get back in there.
IMO, those that are new or old to the market, if you want a safe approach of trading, definitely don't hesitate to stay in the spot.



 

 

 

 

 

 


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May 16, 2024, 12:43:32 PM
 #28

That is one method that works well for you. Each person will try to find their own way of trading. The number of purchases they make will also be adjusted to the amount of capital they have. With their trading skills, they will try to gain profits from trading. This process takes time, from determining the coin to analyzing it until making a decision. So if we can be careful in analyzing and patient, we can make a profit, and we have to remember that the profits for each trader will be different. We must not be jealous of the profits obtained by other people.
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May 17, 2024, 05:35:42 AM
 #29

Whether you trade mostly on futures or spot, it's always been the spot that don't have that much pressure at all and that's why you can say that it's like a walk in the park.
But if you're going to say that in the perspective that you've been used to the futures, that is because you're profitable. If the time comes that you're not profitable, you'd go back to the spot whenever you can because we're all free to get back in there.
IMO, those that are new or old to the market, if you want a safe approach of trading, definitely don't hesitate to stay in the spot.
Futures trading is never recommended for newbies because it contains a lot of risks and newbies can't manage that many risks, when a newbie gets into futures trading, they will mostly get themselves liquidated and lose all their money because they lack knowledge and experience.

I don't blame newbies for this though, a lot of people on YouTube and social media platforms tend to promote futures trading by showing their profits publicly and when newbies see these things, they think they can do it as well and this makes them start trading in futures.

Newbies need to understand that futures trading is not for them.

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May 18, 2024, 03:41:59 AM
 #30

your strategy of buying the dip is indeed good strategy, it follows the basic principle of trading that is buy low and sell high but most newbie fail to follow it because mental exhaustion they just can't seem to invest into a coin that looks like as if its doomed worrying it will go to zero meanwhile a coin getting dumped means that the coin have higher chance of recovering back.
so yes, your strategy does indeed work but until the market suddenly turn bearish then you will more likely to lose your money since you buying the dips meanwhile the market getting even more correction.

as for your strategy of buying a coin that doesn't have rally yet at bullrun meanwhile the other coin have been having some good rally is really true, its just matter of time until some whales picking it up and try to pump it or at least some people realize that the coin is undervalued and then try to invest into it.
but it only works at the early bullrun though around mid to the end phase of bullrun most of coin already having bullrun, the one that doesn't usually just not gonna have bullrun doesn't matter whether you gonna wait it or not.
It is definitely something that will take some time, and require a lot of waiting if the movement goes the other way, but something that could be done very well. Many people who do chart readings will look at the same thing, when something goes down, there is al likely chance that the indicator will show a recovery, not at every single time which is why this strategy may have some trouble, but it would be quite often.

This is why I think it is quite obvious that we are going to end up with a good result with this strategy as well in most cases. In the cases that doesn't do that well ,we could just end up not really caring about it all that much and look to get out, or do DCA and wait for long term recovery to happen.

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