Did you know that most traders have good trading strategy?

[ChocolateBitcoinK]

You are right, @op. People keep changing strategies because they are trying by all means to avoid losses, which is quite impossible. Trading requires consistency in addition to the skills and knowledge already acquired. No matter how good a strategy may be, there will still be some bad days when losses are unavoidable.

For those who are still trying to find the best strategy to minimize their risks and maximise profits, they can start with a small capital. Then, over time, when they find what works for them, they can scale up.

Changing strategy will never make you a profitable trader, it is just like one who happens to be jack of all trades and master of none. Keeping up with one strategy is the best and when you stick to it, you can make it in trading faster because you get to master the skills more and more. Learning makes perfect and when you’re perfect at it, it becomes stick to you and a knowledge you can never do without. Sticking to one strategy is what most profitable traders are onto and they’ve made it far while using that one strategy. This gives you ample time to become better and become better in your trading. One strategy is enough to be a profitable trader.

In trading, you have to accept that you have to change your strategy because you cannot keep up with the changing market system by applying the same strategy. For example, you may want to buy a currency and you see its future prospects very good, but you are very afraid of losing your capital, in that case, you have to think about what decision you will make and if you follow the process with which you are familiar, you will not be able to apply your capital correctly. The reason for this is that your capital will be in a very risky state and you have to analyze the amount of capital you will apply and what will be the period and you have to change your strategy. To be successful in trading, you have to apply different strategies according to the coins and change the holding period of these currencies at different times.

Everything is risky, but when it comes to trading, people need to be very vigilant. Before they start trading, they should do their research because the risks are supposed to be known before they even start. You know the coin you want to trade, and you can trade other coins, then hold Bitcoin, and business can be very easy that way, because when you are investing in Bitcoin, it helps a lot so that you have another form of investment other than focusing only on trading. Because when you do, holding Bitcoin for me is a very good option, so combining the two will go a long way because you see many traders snipping meme coins all in the name of chasing the bag. and working hard when is coming to crypto currency actually worth it so there is more opportunity when it is properly utilized.

In fact, nothing is risk-free, every subject has its own risk according to its own type, but you have to reduce that risk by managing it, or reduce the risk by managing it properly. trading is a risky field, you have to gain a lot of skill here, that is, if you do not gain full skill, then the possibility of loss from it is high, but if you learn trading for a long time, and gain skill here, then can't you reduce the risk of trading by using your skill? Of course. Although trading is risky, but it is never impossible to achieve success from it, many traders have changed their fate through trading, they have made themselves skilled over time, so you have to work hard here, with hard work, patience and willpower you can definitely succeed here.

[Odusko]

Everything is risky, but when it comes to trading, people need to be very vigilant. Before they start trading, they should do their research because the risks are supposed to be known before they even start. You know the coin you want to trade, and you can trade other coins, then hold Bitcoin, and business can be very easy that way, because when you are investing in Bitcoin, it helps a lot so that you have another form of investment other than focusing only on trading. Because when you do, holding Bitcoin for me is
In fact, nothing is risk-free, every subject has its own risk according to its own type, but you have to reduce that risk by managing it, or reduce the risk by managing it properly. trading is a risky field, you have to gain a lot of skill here, that is, if you do not gain full skill, then the possibility of loss from it is high, but if you learn trading for a long time, and gain skill here, then can't you reduce the risk of trading by using your skill? Of course. Although trading is risky, but it is never impossible to achieve success from it, many traders have changed their fate through trading, they have made themselves skilled over time, so you have to work hard here, with hard work, patience and willpower you can definitely succeed here.

Risk is part of our everyday like and thisnisnthe reason why we have risk in all that we do, majority of the time that we hard some few risk free things was when we still kids were we can jump and never thinks about risk because we dont know what risk and fear was at that time, trading is one aspect of the market thaz have high risk and for that we need to be caution while approaching trading and what we expect from our trading, regardless if you are trading or just holding bitcoin as an investment, you should know that all have it own unique risks.

[batang_bitcoin]

In fact, nothing is risk-free

It's true that nothing is risk free and even in the spot, the risk is there and even in accumulation it's also there. But, the risk has been minimized with these kinds of way of holding because the pressure and it's lesser risk than the actual trading. And it's even more less if we'll have the futures trading. People think that the better risk is more profitable, it's true but in the long run it's still best to have the lesser risk to do and that's why more traders are losing even with so good strategy. You'd see those that choses to stick with holding and investing.

[EarnOnVictor]

Something makes me disagree that traders really have good strategies. From reading topics here I understood that trading isnt easy, and a lot of traders still lose than earn. From my understanding, «good strategy» is strategy when you end with profit in the end. If topic name claims that most traders use that strategy. If most traders are in profit, then where do they get money from? It sounds as if there are only winners without losers in trading, and money appear to turn into profit out of nowhere.

You should have elaborated on the things you claimed that tell you most traders do not have a good strategy, rather than just believing so. Is it their trading strategy? You would do well by letting us know the strategy you are talking about in particular.

I didn't just create this thread, I created it on purpose based on my conclusive findings. The best trading strategies in the hands of the wrong user will still fail, and that is the main reason why most traders fail. If you think you can blame strategies, then question the trader as well, whether they are truthful to their trading plans and management, and are free from emotional and other psychological issues.

[WatChe]

In fact, nothing is risk-free, every subject has its own risk according to its own type, but you have to reduce that risk by managing it, or reduce the risk by managing it properly. trading is a risky field, you have to gain a lot of skill here, that is, if you do not gain full skill, then the possibility of loss from it is high, but if you learn trading for a long time, and gain skill here, then can't you reduce the risk of trading by using your skill? Of course. Although trading is risky, but it is never impossible to achieve success from it, many traders have changed their fate through trading, they have made themselves skilled over time, so you have to work hard here, with hard work, patience and willpower you can definitely succeed here.

The successful traders of today are the one who have spent time in learning trading. It's a fact that trading is a risky stuff and those who are new to it find it hard to handle initially. But as we spend time in learning and understanding the crypto trading we develop our expertise. These expertise come at the cost of mistakes which we make at early stages. It's also important for us to understand that even experienced traders bear loses and if you are bearing too much loses then better switch to long term investment which is less risky.

[mirakal]

In fact, nothing is risk-free, every subject has its own risk according to its own type, but you have to reduce that risk by managing it, or reduce the risk by managing it properly. trading is a risky field, you have to gain a lot of skill here, that is, if you do not gain full skill, then the possibility of loss from it is high, but if you learn trading for a long time, and gain skill here, then can't you reduce the risk of trading by using your skill? Of course. Although trading is risky, but it is never impossible to achieve success from it, many traders have changed their fate through trading, they have made themselves skilled over time, so you have to work hard here, with hard work, patience and willpower you can definitely succeed here.

The successful traders of today are the one who have spent time in learning trading. It's a fact that trading is a risky stuff and those who are new to it find it hard to handle initially. But as we spend time in learning and understanding the crypto trading we develop our expertise. These expertise come at the cost of mistakes which we make at early stages. It's also important for us to understand that even experienced traders bear loses and if you are bearing too much loses then better switch to long term investment which is less risky.

Perhaps every day is a learning process. If we have been trading for many years, we can expect to learn a lot of things. Success never comes instantly, nor does it come easily, but rather it comes when we are able to survive tough situations.

Here is the truth: Every successful trader has their own strategy. They develop such a thing coming from their long trading experience. To make a copy of their strategy certainly never works because that also matters to our behavior. Whether we agree or not, to make a copy of someone's behavior is impossible, as we are unique in everything.

[ChocolateBitcoinK]

Risk is part of our everyday like and thisnisnthe reason why we have risk in all that we do, majority of the time that we hard some few risk free things was when we still kids were we can jump and never thinks about risk because we dont know what risk and fear was at that time, trading is one aspect of the market thaz have high risk and for that we need to be caution while approaching trading and what we expect from our trading, regardless if you are trading or just holding bitcoin as an investment, you should know that all have it own unique risks.

And that is why management is needed in everything, through management we can greatly reduce the risk of a matter and work with high potential, see trading is a field where there is a lot of risk, but it is never impossible, maybe everything is uncertain but it is never impossible to achieve success from trading. Many traders are achieving success by trading and living a luxurious life, everything is actually a game of skill, here the more skilled you are, the less your risk is.

[Coin_info]

Those simple strategies you undermine are enough for you if you work on yourself. I was shocked when I realised someone bought a trading strategy for $3,700...oh my God! And guess what, it failed him, what a waste!

A trader friend of mine laughed when I told him that I concentrated more on oversold and overbought levels, to him, those concepts were far too simple for it to be able to yield any profit in trading. He was putting his focus on complex things because to him, your strategy has to be as complex as the charts look. While he is still struggling to understand those complex concepts surrounded by many noise, people with the simpler strategies that are straightforward to understand are making progress already with their trades and having positive returns.

[Wakate]

In fact, nothing is risk-free

It's true that nothing is risk free and even in the spot, the risk is there and even in accumulation it's also there. But, the risk has been minimized with these kinds of way of holding because the pressure and it's lesser risk than the actual trading. And it's even more less if we'll have the futures trading. People think that the better risk is more profitable, it's true but in the long run it's still best to have the lesser risk to do and that's why more traders are losing even with so good strategy. You'd see those that choses to stick with holding and investing.

Whether you are investor or a trader, we should always be ready to take risk whether we like it or not. Trading is all about taking risk with what we have to make bigger profits from the market. Apart from trading risks in the market, their are some certain things we need to know and understand if we want to be profitable continually.

Having a good strategy with a good risk management is what will differentiate us from other traders in the market striving to make consistent profits. Invest with what you know you can afford and never to get a loan just to trade the market. Every conscious trader knows the steps to take in becoming profitable in the market.

[EarnOnVictor]

Those simple strategies you undermine are enough for you if you work on yourself. I was shocked when I realised someone bought a trading strategy for $3,700...oh my God! And guess what, it failed him, what a waste!

A trader friend of mine laughed when I told him that I concentrated more on oversold and overbought levels, to him, those concepts were far too simple for it to be able to yield any profit in trading. He was putting his focus on complex things because to him, your strategy has to be as complex as the charts look. While he is still struggling to understand those complex concepts surrounded by many noise, people with the simpler strategies that are straightforward to understand are making progress already with their trades and having positive returns.

Don't let anyone mistake you, both simple and complex strategies can work, so long as you know what you are doing. Why must a strategy be complex? It's not necessary. The issue there is that the more complex the strategy is, the more problematic it can be, and the simpler the strategy is, the better.

Nonetheless, I like strategies to have the important information needed from them. Whether simple or complex, a good strategy should know how to:
1. Spot the trend
2. Read the market pattern (price action), and
3. Detect the overbought and oversold conditions of the market.