What is your trading strategy?

[Peanutswar]

What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?

Currently I'm using with the indicator of MACD, RSI and Bollinger bands, these helps to my day trade I don't have time sometimes doing a short trading lower than the day trade time frame, actually these are the basic indicators now next I recommend you to learn is with the technical analysis of the market, the candle stick patterns and future movement because its a combination if you get lost with your indicators at least you have a backup plan whats your next move to the current market changes.

[ndutndut]

What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?

1. Never sell on a loss. Bad trades go into the hodl pile.
2. Do not worry about how low the lowest price will be. Just buy the dip.
3. Keep your emotions in check and do not trade when you are emotional.

..This is some solid advice! Holding onto losing trades can work in long term strategy but its important to still reassess them periodically. Buying dips is great but timing matters too. Keeping emotions in check is key, trading with a clear head helps you stick to your plan instead of reacting impulsively.

Survival is the most effective strategy in trading, especially if you have long-term goals. But certainly in trading, having many skills, many strategies, and having a lot of information is not enough. But we must be accustomed to discipline and maturity towards emotions because both play a very important role in achieving success in trading.

At all times we must be able to control our emotions because making decisions in an emotional state will affect the trading goals we are targeting, especially when the market is fluctuating. Managing emotions is very useful for both beginner and advanced traders because when we can control our own minds, we can make money with any strategy we have learned.

[Zoomic]

A lot of strategies are in trading, but have a handful pick of one or two and study them well. It will really help you in your trading journey and to be a good and profitable trader.

A lot of new traders make this mistake. They try to master everything and use them all at once. Although there is nothing wrong with learning everything possible, one should ensure they do not overdo things at all times. If you need to use only one or two indicators, you shouldn't use more than that with the hope that you might do better that way. Excessive use of anything can ruin the essence and affect the results.

Many newbies do this because they have been exposed to too much information. Information they got from YouTube videos, mentors, forums, online tutorials, and lots more. Many of them who lack confidence in themselves would be tempted to try out every single strategy they learn, maybe profits may come but, that is obviously not a right thing to do as it might make the newbie trader miss some good opportunities and even get confused at some point.

For every newbie, patience and focus should also be seen as a strategy. Trying out multiple strategies, especially strategies they are not even sure of, does not increase their chances of success. Learning is a gradual process.

[Dewi Aries]

I don't have too many strategies, at first of course I also studied various things to get more strategies but believe me that actually the more strategies you have, sometimes it will make you confused in determining the moment and that is the biggest reason why I prefer to only use a few one or two of my strategies, I always remember this proverb that "one strategy that continues to be honed is much better than 1000 strategies that are only trained once".

For the strategy itself, I usually always make SND (support and resistance) as my favorite strategy by adding some indicators provided such as RSI and EMA, it can be said that I am a typical trader who trades with scalping techniques by taking advantage of the moments of reversal at several price points that look like they are starting to weaken, and so far the strategy has been quite consistent in providing benefits for me, you can try it.

[Sebas.tian]

I don't have too many strategies, at first of course I also studied various things to get more strategies but believe me that actually the more strategies you have, sometimes it will make you confused in determining the moment and that is the biggest reason why I prefer to only use a few one or two of my strategies, I always remember this proverb that "one strategy that continues to be honed is much better than 1000 strategies that are only trained once".

The main reason some traders are using many strategies is, because they are not very sure if the strategies they are using will give them good results at the end of the market. As a trader that have experience, you don't need to have many strategies before you can achieve income from the market, because the major skills you need to succeed in the crypto trading is to have the strategy that will favour you whenever you are trading your crypto in the bullish season. Long holding and watch the marke is a good strategy some traders use to make income from trading, because the more you hold the coins for long term will determine the kind of income you will achieve when the bullish season finally appear.

[Ararbermas]

What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?

for me the best strategy is using the liquidity on the market and on it so far i have a good percentage compare to the other strategy like indicators and etc. because to be honest I've been using a lot of strat but it seem leading me to losses and somehow break even. So i studied the liquidity and until now still smooth as a main strategy. And i am using trend line for my entry.

[betswift]

What trading strategies do you use and what indicators tend to give you the best results? And how many indicators are you guys using at once?

for me the best strategy is using the liquidity on the market and on it so far i have a good percentage compare to the other strategy like indicators and etc. because to be honest I've been using a lot of strat but it seem leading me to losses and somehow break even. So i studied the liquidity and until now still smooth as a main strategy. And i am using trend line for my entry.

Where do you search for a trend line, or do you do it yourself?

[john_egbert]

I don't have too many strategies, at first of course I also studied various things to get more strategies but believe me that actually the more strategies you have, sometimes it will make you confused in determining the moment and that is the biggest reason why I prefer to only use a few one or two of my strategies, I always remember this proverb that "one strategy that continues to be honed is much better than 1000 strategies that are only trained once".

The main reason some traders are using many strategies is, because they are not very sure if the strategies they are using will give them good results at the end of the market. As a trader that have experience, you don't need to have many strategies before you can achieve income from the market, because the major skills you need to succeed in the crypto trading is to have the strategy that will favour you whenever you are trading your crypto in the bullish season. Long holding and watch the marke is a good strategy some traders use to make income from trading, because the more you hold the coins for long term will determine the kind of income you will achieve when the bullish season finally appear.

Also because the market changes - and the strategies for it should change by the people on it too.
Otherwise, depos will be burnt.
Some do it to diversify the risks, others  - just to adapt.

[fikrett]

Many newbies do this because they have been exposed to too much information. Information they got from YouTube videos, mentors, forums, online tutorials, and lots more. Many of them who lack confidence in themselves would be tempted to try out every single strategy they learn, maybe profits may come but, that is obviously not a right thing to do as it might make the newbie trader miss some good opportunities and even get confused at some point.

For every newbie, patience and focus should also be seen as a strategy. Trying out multiple strategies, especially strategies they are not even sure of, does not increase their chances of success. Learning is a gradual process.

I do think a newbie should choose 2-3 strats and work around them.
Hone them up and adapt them to his own view - for them to work on the current market.

[Ricardo11]

I don't have too many strategies, at first of course I also studied various things to get more strategies but believe me that actually the more strategies you have, sometimes it will make you confused in determining the moment and that is the biggest reason why I prefer to only use a few one or two of my strategies, I always remember this proverb that "one strategy that continues to be honed is much better than 1000 strategies that are only trained once".

The main reason some traders are using many strategies is, because they are not very sure if the strategies they are using will give them good results at the end of the market. As a trader that have experience, you don't need to have many strategies before you can achieve income from the market, because the major skills you need to succeed in the crypto trading is to have the strategy that will favour you whenever you are trading your crypto in the bullish season. Long holding and watch the marke is a good strategy some traders use to make income from trading, because the more you hold the coins for long term will determine the kind of income you will achieve when the bullish season finally appear.

In fact, for a new trader, Proper market research is very much important when trading, because when we fail to adopt the right strategy, our chances of loss will be much higher.
You can never trade using multiple strategies or the same strategy, you have to change the strategy according to the market situation, and the same strategy will not work all the time, so when you trade, you have to be able to use the right strategy according to the current market situation at that time.
And to fully understand this, a new trader must first know everything about trading. No one can be greedy, and trading cannot be done on emotions, a trader can achieve success in trading only through the right strategy and long-term perspective.

[RockBell]

In fact, for a new trader, Proper market research is very much important when trading, because when we fail to adopt the right strategy, our chances of loss will be much higher.
You can never trade using multiple strategies or the same strategy, you have to change the strategy according to the market situation, and the same strategy will not work all the time, so when you trade, you have to be able to use the right strategy according to the current market situation at that time.
And to fully understand this, a new trader must first know everything about trading. No one can be greedy, and trading cannot be done on emotions, a trader can achieve success in trading only through the right strategy and long-term perspective.

It is better to make a good research before any other thing and that is why they have been a lot of failed traders just because they have failed to learn to do proper research, and its only when you make proper findings that you will know exactly the step to take, and not just doing things blindly and not following proper information that is one of the things that kill a lot of interested people they are not really ready to learn, the moment a wrong step is taking then just as you said then you chances of losing money have just increased.

And the more you practice the more you learn because experience is usually the best teacher and am very sure no one will want to make the same mistakes twice, because the danger there is already know, and even when you want to take some risk you would have known the right thing to do before taking it and if the rules is not played by the it is going to be easy because if anything should happen the blaming should go to you directly. This thing are easy just follow the rules.

[boyptc]

Fundamentals are the indicators that I am having because it doesn't have to be tricky at all understanding some lines and charts.

All I have to do is to see if some negative or positive news are out there specifically for a project or for the entire market. But it's not always effective.

Sometimes, there have been some news that goes oppositely to the news that I have read but still, it's an effective strategy for me when I trade for a day or two or more.

[fikrett]

Fundamentals are the indicators that I am having because it doesn't have to be tricky at all understanding some lines and charts.

All I have to do is to see if some negative or positive news are out there specifically for a project or for the entire market. But it's not always effective.

Sometimes, there have been some news that goes oppositely to the news that I have read but still, it's an effective strategy for me when I trade for a day or two or more.

What projects you've considered potentially worthy considering venturing into?

[Jody.Drummer]

Fundamentals are the indicators that I am having because it doesn't have to be tricky at all understanding some lines and charts.

All I have to do is to see if some negative or positive news are out there specifically for a project or for the entire market. But it's not always effective.

Sometimes, there have been some news that goes oppositely to the news that I have read but still, it's an effective strategy for me when I trade for a day or two or more.

What you convey is something true, we can see from the news that is spread about bad or good news that will ultimately affect market movements. Although we must also be able to see from very trusted sources to apply it, because some of them are sometimes not in line with what is happening. This is widely used by traders and they say this method is effective to use. But of course this is not the only thing we can do, because there are still many other factors that must be considered so that our trading can generate profits.

[skarais]

~~~

What you convey is something true, we can see from the news that is spread about bad or good news that will ultimately affect market movements. Although we must also be able to see from very trusted sources to apply it, because some of them are sometimes not in line with what is happening. This is widely used by traders and they say this method is effective to use. But of course this is not the only thing we can do, because there are still many other factors that must be considered so that our trading can generate profits.

Good or bad news about bitcoin is a fundamental that every trader needs to pay attention to. News can certainly influence interest, demand and supply of assets traded on the market, including bitcoin. So it is not surprising that there are traders who only rely on these fundamentals to gain profits from trading, that is also a trading strategy.

Combining fundamental and technical analysis will certainly be better to support trading success, but both are only supporting factors and not determining factors. I'm not sure how people who rely solely on the news to trade do, but they exist and do it well.

[boyptc]

Fundamentals are the indicators that I am having because it doesn't have to be tricky at all understanding some lines and charts.

All I have to do is to see if some negative or positive news are out there specifically for a project or for the entire market. But it's not always effective.

Sometimes, there have been some news that goes oppositely to the news that I have read but still, it's an effective strategy for me when I trade for a day or two or more.

What projects you've considered potentially worthy considering venturing into?

Let's not go that far, BTC.

I don't want to say some other projects that I am trying to watch out for me not to make myself look like a shill. But that's how it goes for me whenever I look at the negative or positive news.

Like what's happening now, I don't know what is happening and the market is dumping.

What you convey is something true, we can see from the news that is spread about bad or good news that will ultimately affect market movements. Although we must also be able to see from very trusted sources to apply it, because some of them are sometimes not in line with what is happening. This is widely used by traders and they say this method is effective to use. But of course this is not the only thing we can do, because there are still many other factors that must be considered so that our trading can generate profits.

Yeah, trusted and verified sources.

And that's why we need to gather from various sources so that we'll be able to check everything in the news is either true or made to spread FUD.

[G_Besar]

Also because the market changes - and the strategies for it should change by the people on it too.
Otherwise, depos will be burnt.
Some do it to diversify the risks, others  - just to adapt.

Those who are adapting to the market are usually people who have not been in the crypto market for long so that they are still not used to market conditions that often change in a matter of days so that such people also rarely trade regularly in the market. While some traders who often diversify risk in the market are people who have been able to maintain their capital very well because they will sometimes sell first when the price is high or when the market starts to show signs of price correction in some coins so that they can buy back at a lower price with the results of previous sales at a slightly higher price.

[Adams0001]

I don't have too many strategies, at first of course I also studied various things to get more strategies but believe me that actually the more strategies you have, sometimes it will make you confused in determining the moment and that is the biggest reason why I prefer to only use a few one or two of my strategies, I always remember this proverb that "one strategy that continues to be honed is much better than 1000 strategies that are only trained once".

The main reason some traders are using many strategies is, because they are not very sure if the strategies they are using will give them good results at the end of the market. As a trader that have experience, you don't need to have many strategies before you can achieve income from the market, because the major skills you need to succeed in the crypto trading is to have the strategy that will favour you whenever you are trading your crypto in the bullish season. Long holding and watch the marke is a good strategy some traders use to make income from trading, because the more you hold the coins for long term will determine the kind of income you will achieve when the bullish season finally appear.

Exactly because any techniques that haven't worked for anyone, he should look for another one and try if he can make a profit by changing it. If you see that anything you're doing isn't working for you, you'll try something else. That is why you should hire a metor who understands trading and can guide you through each step of the trading process, but I have noticed that some individuals choose to study on their own so that they do not spend a lot of money. And if you want to achieve anything on it, you must make sacrifices before winning. In trading, you certainly spend a lot of money before you can be flawless and start achieve huge profit on it. And some are using one strategy on trading and is favorable for them and getting better profit anytime the market go well. Trading is risk and when you are afford to lose you will get something at of it because if you didn't try to risk you will never succeed on trading.

[Awaklara]

Exactly because any techniques that haven't worked for anyone, he should look for another one and try if he can make a profit by changing it. If you see that anything you're doing isn't working for you, you'll try something else. That is why you should hire a metor who understands trading and can guide you through each step of the trading process, but I have noticed that some individuals choose to study on their own so that they do not spend a lot of money. And if you want to achieve anything on it, you must make sacrifices before winning. In trading, you certainly spend a lot of money before you can be flawless and start achieve huge profit on it. And some are using one strategy on trading and is favorable for them and getting better profit anytime the market go well. Trading is risk and when you are afford to lose you will get something at of it because if you didn't try to risk you will never succeed on trading.

In addition to the courage to take risks, you must also know the limits of your ability to minimize the risk of your trade. Don't be too hasty in using big money when you try some trading strategies that you haven't succeeded in doing. Initial losses are common, some traders can't accept continuous losses in the process. They don't have enough skills and understanding to trade. Make sure when you experience a loss in trading, you get a new lesson. That's from the mistakes you make and try to perfect them on another occasion.

[JiiBs]

Where do you search for a trend line, or do you do it yourself?

Trading with the trend is one of the reliable means to trading out there, I mean it’s what I learnt trading with even though I’m still not all that profitable in it.
Trends isn’t some indicator or tool available to you by default. You always get to define your trend by applying certain lines from the tools available to you. You draw the lines, making all the critical points either Higher highs or lower lows, ensuring you touch certain points, either the tail or your candle stick or the body. It’s always up to you to define that which is okay with you. Either way, it does help to ensure your not trading against the trend.