Stepstowealth (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 03:53:43 PM |
|
A gamblers attitude to trading is when you are willing to blow your trading account claiming that that means taking the risks. A trader is willing to take risk, but ensures that his risks are always calculated to minimize the chances of losing to the smallest possible chance. How can you manage risk? I know some traders on this forum already have their strategy, but this is one strategy that you can use if you do not have one already.
As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%, trade in a way to make a daily profit that when summed up will be the percentage profit that you hope to achieve. If you know how much you intend to make daily, it will help you not to take long positions in the market while trading.
If there are other strategies, please share, I am willing to learn.
|
|
|
|
tsaroz
Legendary
Offline
Activity: 3052
Merit: 1069
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 04:59:00 PM |
|
There are various of fundamental and analytical signals that can increase your predictions to more than luck. And even when you are right for 80% of time, you should be able to manage risk for the rest 20%. It's where stop loss comes into action.
Theoretically, when you feel some coin has potential to rise in short term (trading mindset) due to it's fundamentals and analytical signals, you invest some money say at $100 a piece. You need to set price where you are willing to take a profit. Let, I'm willing to sell it at least 32% profit. So, I'd place a sell order at $132. But I also need to make sure I don't incur much loss, so I set a stop loss at a loss of 16%, i.e. at $84. This way, even if I'm right on only 50% of my calculated guesses, I'd still be 8% in profit.
|
|
|
|
bittraffic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 05:15:59 PM |
|
Just trust the chart since the rule of thumb always works, what goes up will also come down in any season. Just find the bottom in the hourly chart and if the chart hasn't gotten into this state yet then don't trade yet.
From what I have been reading in trading tutorials, if you want to make a profit every day, then trade in the hourly chart. Just make sure your trading fee is in BNB.
|
|
|
|
Patrol69
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 658
Merit: 280
Axioma Holding - Axioma Pay Crypto Card
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 05:22:06 PM |
|
The main objective of traders in trading is to make profit. By trading, some gain a limited amount of money, some gain a large amount of money, and many lose a lot of money. Trading profit or loss depends on the traders trading strategy and his patience and his capital. If a trader can trade with the right strategy then he is very successful in trading and if he has more capital then his profit will be more. The more capital and the more that capital can be used in the right strategy, the more likely it is to make a profit by trading. Patience plays a very important role in trading profit. A trader is trading and he sees a temporary loss but he doesn't sell his coins at that loss hoping for some profit but most decide to sell his coins when he sees some profit after a long period of loss. If you have the ability to be patient for some time without selling your coins at that time, the profit can be doubled or tripled.
|
|
|
|
EarnOnVictor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 05:39:13 PM |
|
-snip- If there are other strategies, please share, I am willing to learn.
Before starting, let me say that you have not shared any strategy at all, I see no management of risk in what you shared, you are only perambulating on earning percentages which have nothing to do with risk management itself. Well, if you must know, when it comes to risk management in the market, you have to do it in ratios, there is no alternative. The trader will know the percentage of his risk to the percentage of the reward to be getting or traded, and this will be in the form of the risk-to-reward ratio. That is the principle of risk management and I do not think there are two of them. Maybe I should open a topic on this to educate people and elaborate on it. I might do it over time. This is an effective way for traders to cut their risk and leverage their trading proficiency, and even if the strategy of the trader is weak, such can still leverage on the risk management to be successful.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Stepstowealth (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 07:01:58 PM |
|
-snip- If there are other strategies, please share, I am willing to learn.
Before starting, let me say that you have not shared any strategy at all, I see no management of risk in what you shared, you are only perambulating on earning percentages which have nothing to do with risk management itself. The strategy helps you not to stay in the market too long, and by that way you are reducing the money you are risking to loose. It may not be in ratios, but it is a strategy to reduce losses caused by staying in the market for too long, and always trying to hit maximum profit. if you must know, when it comes to risk management in the market, you have to do it in ratios, there is no alternative. The trader will know the percentage of his risk to the percentage of the reward to be getting or traded, and this will be in the form of the risk-to-reward ratio. That is the principle of risk management and I do not think there are two of them. Maybe I should open a topic on this to educate people and elaborate on it. I might do it over time. This is an effective way for traders to cut their risk and leverage their trading proficiency, and even if the strategy of the trader is weak, such can still leverage on the risk management to be successful.
I will be looking forward to a topic from you, so you can elaborate more on your perspective.
|
|
|
|
the rise
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 07:22:21 PM |
|
A gamblers attitude to trading is when you are willing to blow your trading account claiming that that means taking the risks. A trader is willing to take risk, but ensures that his risks are always calculated to minimize the chances of losing to the smallest possible chance. How can you manage risk? I know some traders on this forum already have their strategy, but this is one strategy that you can use if you do not have one already.
As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%, trade in a way to make a daily profit that when summed up will be the percentage profit that you hope to achieve. If you know how much you intend to make daily, it will help you not to take long positions in the market while trading.
If there are other strategies, please share, I am willing to learn.
there are many trading strategies but they are quite difficult to implement, all the trades we do are aimed at making a profit, the strategy you said can be said to be good, but for me personally I am always in a hurry, there is no profit target and when is the time to cut loss, The strategy I use is to look at coins or tokens that have just been registered, of course with big risks and big profits too
|
|
|
|
logfiles
Copper Member
Legendary
Offline
Activity: 2086
Merit: 1761
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 10:35:23 PM |
|
We all as traders have that dream of making a good daily percentage in profit and steadily grow the account, but it's easier said than done because once in a while you will make bad trades. This is why I prefer going with risk reward ratio strategies at times
Imagine you make a profit of 50% after 3 weeks and just one bad trade when you have no proper risk management (stop loss) and maybe with the help of a risk reward ratio, your account is down by 70% because you were too stubborn to call it a bad trade. It totally makes no sense to trade like that.
|
|
|
|
SmartGold01
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 11:01:15 PM |
|
Task trading is what you are trying to practice many people may not know how drain you gradually becomes because you are trying to condition yourself while trading know most times market does not flow as we think hence we might not received a particular trading amount for the day or week because all the days have their phases especially for those that trades in forex I think they would understand what I mean. For example you can't compare Monday trade to Friday trade the effects are always different, I will always encourage anyone trading to have target but not by indulging in a particular percentage otherwise his or her account might get sweep off.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
macson
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1092
Merit: 151
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 11:19:50 PM |
|
A gamblers attitude to trading is when you are willing to blow your trading account claiming that that means taking the risks. A trader is willing to take risk, but ensures that his risks are always calculated to minimize the chances of losing to the smallest possible chance. How can you manage risk? I know some traders on this forum already have their strategy, but this is one strategy that you can use if you do not have one already.
As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%, trade in a way to make a daily profit that when summed up will be the percentage profit that you hope to achieve. If you know how much you intend to make daily, it will help you not to take long positions in the market while trading.
If there are other strategies, please share, I am willing to learn.
i like the strategy you have, but in my opinion it is not easy to implement this strategy when you are a daily trader, have you tried your strategy first on a demo account? Doing daily trading has its own challenges and usually those who have unlimited capital, do not have other jobs outside and also have a lot of time are successful in becoming daily traders. i don't have a formal strategy like you asked, i still use a cut-loss strategy when the assets i trade go down a few percent or up a few percent according to the target price i set, apart from that i also keep updating my trading strategy because 1 or 2 strategy alone is not enough. Continue to enrich your insight about trading and also continue to place your views on important news because it is quite significant in changing the price of the asset you are trading on.
|
|
|
|
AmoreJaz
Legendary
Offline
Activity: 3206
Merit: 1103
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 11:28:07 PM Last edit: January 13, 2024, 11:38:19 PM by AmoreJaz |
|
We all as traders have that dream of making a good daily percentage in profit and steadily grow the account, but it's easier said than done because once in a while you will make bad trades. This is why I prefer going with risk reward ratio strategies at times
Imagine you make a profit of 50% after 3 weeks and just one bad trade when you have no proper risk management (stop loss) and maybe with the help of a risk reward ratio, your account is down by 70% because you were too stubborn to call it a bad trade. It totally makes no sense to trade like that.
that's the predicament of almost all traders. one loss or mistake and the profits that you made will be gone. this is why when executing a trade better be conservative with estimates. sure, you will incur losses at some point but that's normal. as long as you can get it back and make some adjustments with your strategy. if you think you are losing more than winning, it means, something is wrong with your strategy. time to re-assess your techniques and maybe it is not applicable anymore with the current trading market. Just trust the chart since the rule of thumb always works, what goes up will also come down in any season. Just find the bottom in the hourly chart and if the chart hasn't gotten into this state yet then don't trade yet.
From what I have been reading in trading tutorials, if you want to make a profit every day, then trade in the hourly chart. Just make sure your trading fee is in BNB.
i would say, aside from observing the charts, better learn the project itself. what is happening with its developments or any updates from their team. because you will understand more about its movement if you know the reasoning behind those sudden ticks in the market. do remember, it won't make a sudden jump without any reason.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
tvplus006
Legendary
Offline
Activity: 2408
Merit: 1842
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2024, 11:56:04 PM |
|
...As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%, trade in a way to make a daily profit that when summed up will be the percentage profit that you hope to achieve. If you know how much you intend to make daily, it will help you not to take long positions in the market while trading.
You cannot set such a plan for yourself, because not everything depends on your desire and abilities. You cannot predict any events in our lives that can be both positive and negative, but nevertheless they will affect the cryptocurrency market. And for some periods, you simply won't be able to make a profit on a daily basis.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
tranthidung
Legendary
Offline
Activity: 2394
Merit: 4191
Farewell o_e_l_e_o
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 03:45:40 AM |
|
As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%
If there are other strategies, please share, I am willing to learn.
When you reach to a point of 100% profit, in other words, doubling your initial trading capital, it's time for you to cash out. At least, you should consider to cash out 50% of your trading capital at that time. 50% in this context means you are taking your initial capital back. It is a good cash out round to secure your initial trading capital. Then you can be sure that if anything goes wrong with the rest 50% (that is actually from profit), you will not lose your initial trading capital.
|
|
|
|
bettercrypto
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 05:25:36 AM |
|
A gamblers attitude to trading is when you are willing to blow your trading account claiming that that means taking the risks. A trader is willing to take risk, but ensures that his risks are always calculated to minimize the chances of losing to the smallest possible chance. How can you manage risk? I know some traders on this forum already have their strategy, but this is one strategy that you can use if you do not have one already.
As a trader, plan to grow your account in percentage. If at the end of a 30days trading period, you like to grow your account by either 30%, 50% or by 100%, trade in a way to make a daily profit that when summed up will be the percentage profit that you hope to achieve. If you know how much you intend to make daily, it will help you not to take long positions in the market while trading.
If there are other strategies, please share, I am willing to learn.
Maybe even if you are willing to take a risk in your trading here in crypto trading, if you don't have a proper target in your trading activity, what you are doing will be ignored for sure. So it is important that you have a target percentage of when you can exit profit in these scenarios, so that we can see if what we are doing is right or not in these situations as an individual trader. Especially if you do daily trade in crypto trading.
|
|
|
|
cryptodude
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 224
Merit: 11
Tontogether | Save Smart & Win Big
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 06:25:51 AM |
|
There are many differences between a trader and a gambler. A gambler's attitude is entirely based on luck. They think good luck will come or go. But a trader never thinks like this. If wants to take good profit and bear very low loss then he has to use stop loss. Which saves many times the possibility of loss.
|
|
|
|
boyptc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 06:57:57 AM |
|
IMO, it is best to just set any percentage of gain. Do not pressure yourself until you have mastered a strategy already that you can set a goal and you are sure and able to hit that percentage of gain.
Because the more you are going to pressure yourself, that is more challenging for you. If you are fine with that, do it.
But if you wanna go with the less pressured and less risk path you want to take, do that approach that I have said the former.
|
|
|
|
kentrolla
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 07:15:06 AM |
|
I have numerous strategies which I have implemented though some have been successful while fee backfired. DCA is my most trusted option for time being and also I have divided my funds based on strategy and a part of it I tried to make multiple quick trades of smaller margins aiming to get atleast half percent profit everyday and I use only Bitcoin for this purpose and trust me this gives good profit on longer run.
I don't risk trading altcoins very often but sometime for quick profit though it ends up in lose sometimes.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
kojektea
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2310
Merit: 256
casinosblockchain.io
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 09:21:19 PM |
|
I have numerous strategies which I have implemented though some have been successful while fee backfired. DCA is my most trusted option for time being and also I have divided my funds based on strategy and a part of it I tried to make multiple quick trades of smaller margins aiming to get atleast half percent profit everyday and I use only Bitcoin for this purpose and trust me this gives good profit on longer run.
I don't risk trading altcoins very often but sometime for quick profit though it ends up in lose sometimes.
I personally will trade in altcoi first, if I get a profit I will divide my profits, and will allocate it to the DCA strategy, the DCA technique that I use is not very consistent because when I get a profit I just fill the DCA which I consider as savings, and I sold my savings after I felt it was enough to increase 50% of the capital I provided
|
|
|
|
Assface16678
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 10:16:34 PM |
|
Trade only if you have a clear analysis and grasp of the market. It's not necessarily that you should trade every day or daily because what's important is that even if you trade twice or once a week, you have a huge percentage of success in that trade. It's tiring if you are a daily trader. Imagine the stress and tiredness of doing that. You will face the risk and unpredictability of the market every day.Nope, my strategy to minimise the risk is that I will only open a trade if I have a clear analysis of the market. After I put my layout in the chart, that's when I would place a trade and go for long. I quit daily trading because I notice the strains of doing a trade daily. My mental health can't keep up with the stress anymore, so traders out there prioritise your health as well.
|
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2422
Merit: 1371
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2024, 11:51:38 PM |
|
How can you manage risk? I know some traders on this forum already have their strategy, but this is one strategy that you can use if you do not have one already. (.....)
I believe that most of the strategies we have are each different. But we share the most common goal; to be profitable, less losses and high profits. So, think something about how you can prevent your losses while maximizing profits. So for me, it is risk management. You need to master and practice it that you will have stick to your goal and don't be greedy because that is not what trading is.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
|