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Author Topic: My trading stradegy  (Read 309 times)
coinerer
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September 08, 2023, 03:34:50 PM
 #41

Fucking strategy, Do not advice people financially. Crypto trading is very risky and when one wants to do futures trading it is even more risky. In the case of futures trading, if you take a wrong entry, the balance will quickly become zero and there is also a possibility that the balance will double quickly.  It behaves like a kind of gambling. With a good capital it is possible to get good profit from spot trading.  So future trading should not to do.  It lures and harms traders
Everyone who trades takes risks but those who are involved in futures trading own a lot of money in a very short period of time and because of some wrong entries they lose their money in a very short period of time.  Stay away because not everyone can be good at futures trading. So the more we can stay away from futures trading, the better for us. If someone is too greedy during trading then he will lose his money because greed cant be controlled while trading.
There is no difference between people who trade futures and gamblers. Both are very greedy and because of this they face a lot of losses. Maximum leverage for Bitcoin is 125x where someone with a $10 fund can trade $1250 worth of funds.  So in that case it might take him just a few seconds to loss $10. So it is a very harmful thing.  If one panics and trades futures, then his loss is guaranteed and the balance will be zero in a few minutes

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cute nmp
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September 08, 2023, 05:31:22 PM
 #42

 I will highly recommend using simple support and resistance levels to trade especially now that you are a beginner. There are much simpler you can learn indicator trading with time but for now just stick with support and resistance trading strategy, It is not that hard and very profitable.

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gabbie2010
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September 08, 2023, 05:43:35 PM
 #43

Im so newbie here but this is my way

Mostly binance futures If i trade but now due to financial problems i can't trade so much and don't have enough funds...untfortunately
I look for top gainers sometimes they go even higher so if coin is up 20% it might trap If i see still coin can move up i move on to short altcoins i look for bigger Marketcap altcoins If they are up 5% then i Open short and If there is no news or any reasons for further pump i Open short.
Right now i see etc/usdt extremly over-bought and fake-out so i did Open short it now. Price 17.065$ on binance i think good entry for short with this price now.








Enjoy Smiley hope you like it let me know ur toughts aswell , thnx
I hope your Take Profit isn't far from entry point just like you are scalping your trades because a coin or pair trending massive bullish might experience a temporary pullback or reversal which won't last long before the continuation of the bullish trend therefore you should be extra careful when trading price reversal though you might had some considered some price behavior and price data  which had been working for your trading, however crypto trading is a very risky especially when counter trading the fact that you traded future makes it even more riskier,  why not tweak your trading strategy to suit a trending market instead of counter trading.

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Bitcoin_people
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September 09, 2023, 09:34:46 AM
 #44

If you want to trade futures then you need to adopt enough strategy to earn good profit from it. If you don't know the strategy, then you will not be successful immediately, so you have to learn the strategy later in trading. You don't need to have enough funds to start trading, just start with some money. But if you never trade in low marketcap tokens they will definitely have the potential to lose money. That's why you need to trade in good coins so that you can make profit.

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Fuso.hp
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September 09, 2023, 09:59:35 AM
 #45

If you want to trade futures then you need to adopt enough strategy to earn good profit from it. If you don't know the strategy, then you will not be successful immediately, so you have to learn the strategy later in trading. You don't need to have enough funds to start trading, just start with some money. But if you never trade in low marketcap tokens they will definitely have the potential to lose money. That's why you need to trade in good coins so that you can make profit.
Future trading is very risky for a trader, so if a trader does not have enough knowledge about trading, it is better not to do future trading. Futures trading is often compared to gambling. As in gambling, money either comes or goes, same is the case with futures trading. In future trading, if you can trade by understanding the market and taking risks and if the market increases or decreases according to your plan, you can profit, but when the price of certain coins increases or decreases outside of your plan, your chances of losing money increase several times. Futures trading is never the right decision for a trader without adequate trading skills. After developing sufficient trading skills a trader should decide to take up futures trading.

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