What is Your favorites Trading system?

[Nahl]

People might be stick to the one strategy because they feel those strategies is the best way to earn money from the market but i personally don't have any favourite trading system so far because my trading style could be different depend on the situation of the particular coins and the market situations so basically i have no pattern during my trading habit

For spot trading i think stick to the top 10 coin on the marketcap could be safe way but sometimes too i have swing trading because only targetting the particular profit but till now i do not dare to try futures because i have seen a lot of people have lost their money through an this method and besides that i considers futures strategy is not more than zero sum game which when you gets the profit people somewhere lost their money

[shield132]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

I do not follow those methods. I am very patient, I watch the market for months and I'm trying to catch a very good moment that will let me to make at least 20% profit. Just imagine, I successfully do 20%, 50% and 100% profit per year. It's amazing, especially when I don't have to constantly check the price and be under a huge stress.

Patience
Low leverage like 1x
Avoid altcoins that are too volatile

These are the three rules that I apply to my trading but I no longer trade with futures or mess up with leverage, I always trade on the spot market. Of course, the leverage is automatically 1x but my point is that I do not open short positions anymore, even with 1x leverage.
Altcoins are a very dangerous thing to mess with. I had a huge hope of Polygon (Matic) and it failed me. At the moment, I only touch BTC and ETH.

[HistoLock]

If you keep losing this shows that is not really for you so going back to the type of trading that would suits you could be more better. Like does, I am more familiar with spots trading which I also do not go for a higher volatile coin or newly listed coin because it would dumped on me while trading on them, again you must not wait to get a higher profits in return while trading on spot, a single dollar means alot with a consistent market. When you accumulate very little it would go along way than keep chasing the big bags.

Yes I do spot trading because it doesn't take long to get profit, it gives high profit in the market continuity. Yes if you follow the right trading style then you can achieve success then in my opinion you should continue with it. If you are losing more money now than before and losing money frequently then I would say it is not suitable for you you should follow the right style and trade. Yes it is true that newly listed coins can put pressure on you while trading, so you should trade on coins of your choice.

[justdimin]

Simple buy low and sell high or the opposite sell high and then buy low -  the order of things dont really matter here.

This could be extended to multiple trades and multiple levels and then followed up with multiple trades on the opposite side. These are simple but they demand patience and attention.

Apart from spot trading, any other trading method is ending up to be a gambling, so avoid those.

Lmao, this is basically it, isn't it? I mean no matter what we do, the whole point is to buy low and sell high. Doesn't matter what you are looking at in a chart, what you use as indicators, what news you trade on, it doesn't matter. All we need to do, is buy low, and sell high. If you see something going low, you buy it, and then when it recovers and goes up, you sell it.

It's actually as simple as that and anything more than that is just making it more complicated, which is not needed at all. I love this method and I am hopeful that people will soon realize that this is how we should be trading, nothing more, just keep it simple and we should be making some great money from this way without complicated our minds.

[bettercrypto]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

Maybe if you want simple trading, then we just learn to identify support and resistance, I think it's okay in my opinion because you can get profit from this strategy.

As long as you know how to identify it, and at the same time you should also know how to do technical analysis because this is important for us traders in the crypto space, you should always remember that.

[Faisal2202]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

I am not a full-time trader, I follow people to know about the trades but I do my own analysis before because I am not active and the people I follow when they share information about the trade, I look into it to see if it is good for me or not before taking the trade. My analysis consists of watching the RSI, 4EMA to build the support and resistance. I consider the time as well before making it, because 4ema directly gives us the idea of support and resistance in any time frame easily and quickly and we can know in the future where this coin is heading.

I follow the news mostly because if there is something good about that coin in the news or on the usd chart, not usdt, because on usd chart I can see all the important events of the month, and most importantly I follow the behavior of BTC too, if btc is bullish at that time or the timeframe I want to trade in that coin, then  I am bullish with my trade otherwise I have to be careful with risk management like sl and tp mostly. But buying in parts is more beneficial, we can easily manage our buying price.

[SmartGold01]

Snip

Yes I do spot trading because it doesn't take long to get profit, it gives high profit in the market continuity. Yes if you follow the right trading style then you can achieve success then in my opinion you should continue with it. If you are losing more money now than before and losing money frequently then I would say it is not suitable for you you should follow the right style and trade. Yes it is true that newly listed coins can put pressure on you while trading, so you should trade on coins of your choice.

That is why it's always advisable to remain with some potential coin even though their profits isn't that fast coming but at least there could be some profits whenever there is changes in the market for specific periods of time.
Spots trading allows beginners or intermediate to have control over their trading compared to other forms of trading, such as future trade or options trading.

[aylabadia05]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

Sometimes, when the mood isn't good, I don't know what to do. Trading isn't something I particularly enjoy. Therefore, it's difficult for me to single out a trading system because I pay attention to many things in every trade, even though I'm not a professional trader.

One of them is choosing which coin to trade. Of course, choosing a coin isn't as easy as it seems; it requires considering the two sides of the coin, known as supply and demand.
There are many other factors to consider.

[HistoLock]

Yes it is definitely true that if you are not suitable for trading then you should leave it. For example if you keep losing or you cannot control it. I have been trading for a long time and have gained knowledge but there is no end to learning I have put it on hold for now from my experience I would say that market analysis is important in trading. But if you want you can do spot trading this is my preferred trading which I do. If you do not want to wait for profit or want to do it for short time then you can do spot trading which will be good for you.

[2Pizza410000BTC]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

Actually my trading system is that I use very little leverage while trading so that there is no risk and even then it is very little. Moreover, I wait to buy at very low prices when the market is dumping a lot, if it is a day, two days or a week. Moreover, I never trade with emotion on the trading platform and I always avoid my greed on the trading platform. However, the only method is that I always try to unite with everyone in the trading system and adopt all the strategies that are available in trading. Moreover, I always refrain from trading with altcoins, especially shitcoins/meme coins, because I think trading with shitcoins/meme coins is the most risky among these altcoins.

[HistoLock]

If you want to trade then I would suggest you to do your favorite trading because you will want to do more of what you like and you will focus more on that and express yourself. In the case of trading you must definitely test it thoroughly and analyze it carefully if you do not choose your favorite trading then your focus will not be as perfect and you can lose money due to analysis errors. Yes if you adopt technical strategies and test it thoroughly then you will be profitable.

[Gozie51]

I have read and watched some methods such as support resistant trading , supply demand ,

just wanna know what is your favorite trading system? single methods or combine with each other method?

I think a trader needs to under study these kind of trading because what matters more to trade is where supply demand is building up, as you know the interest, emotion or sentiment of traders. It will help you to know that you are not alone in such trading decision or order that you want to embark on and before anything changes by that time you would have filled your own cup. But if you don't take such decision at that time then you might be trading on a negative market. Supply demand area is usually where you get fired trade or break out, a trader needs it. So having such trading strategy that helps you to know price action, then understand support and resistance areas for entry and exit, you have to maintain such strategy.



https://www.investopedia.com/trading/support-and-resistance-basics/

[CryptopreneurBrainboss]

But if you want you can do spot trading this is my preferred trading which I do. If you do not want to wait for profit or want to do it for short time then you can do spot trading which will be good for you.

Spot trading has always been the best form of trading, others are more riskier and although they're sweet when you're winning, if the loss comes you might regret knowing about them. Having your stop loss always active can save you but we all know how greediness can mess us up when we try to act smart by not having the stop loss in place but it ends us causing us more loss.

Having lots of patience has always been my trading system because it doesn't matter how bad the market gets, it can always get better but not when you're investments are into worthless projects.

This ideology only works with valuable projects that can stand the test of times and a typical example is with Bitcoin. You can add a few altcoins like Ethereum and BNB but it's always better to play safe.

[M47AK16]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

One single method can work for a day or two but not always. It is highly recommended to combine all strategies and find the exact breakout point where we can at least end up making some profits. Trading will not always guarantee your profits. It does come with significant chances of losses. At the end, it all depends on your risk management. You can only make profits, or I'll say minimize losses if you know when and where to exit the markets and how much to risk in a particular trade.

I've seen a lot of people pouring all of their investments in one single trade just to make hefty profits but end up being liquidated. I'll say, start with candlestick patterns and combine those with effective indicators and start identifying patterns on charts. This can be a headstart to start making profits.

[harapan]

just wanna know what is your favorite trading system? single methods or combine with each other method?

The best part of trading system is patience and risks management it's needed in almost all areas of one's life but in trading it's one thing to rely on. Sometimes i may be thrilled to use a single method while trading but having different methods combined can give you that results you're craving for trust me. So my favourite is combining different methods as well as strategies to five me a useful outcome.

[I_Anime]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

You might have the strategy, but do you have the psychology to back it up . What we actually need in trading is self control , by restricting in some many things like chasing losses , going into trade with emotions and without no proper planning or set up .

What you need is :

Patient

Know how to secure opportunity

Risk management

Good strategy

And consistency

[Josefjix]

Just stick to a trading system that works for you, you already master it and already giving you good profits.
For example, if it supports and resistances, then go for it, that's fine. Even it is common but it is giving you good profits, then take it, continue to improve it and learn more.

This is the fact. A lot of newbies to trading concern themselves with a lot of details; they want to master any strategy they come across in trading, they watch every tutorial and listen to everyone, concerning themselves with a lot of noise when they should rather just pick a strategy and focus on developing and knowing more about it.

Those that are victim of these are the newbies, don't blame them for they think strategies are better than each other not knowing every little bit of any strategy leads you to the best results. It only takes the ones that can decide to settle down, grab every strategies learnt so far and craft out a unique strategy to follow, that's not used by anybody but themselve.

This you can find the genius, those thinking out of the box can create new strategy out of nowhere based on what they learnt off different strategies.

[Powerjumboo]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

I don't have any trading strategy like that. I haven't been on the trading platform for a long time. I've been trying to get on the trading platform for a while now but I haven't really gotten a good feel for any trading strategy yet. I've seen a lot of people who have good experience with trading strategies and trading indicators like MA, RSI, EMA, etc. but I really don't have any experience with any of these. But I can say that it's always best to trade Bitcoin and Ethereum and avoid futures trading.

[ndutndut]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

My favorite trading strategy is definitely one that involves minimal risk and allows for more realistic profits. Therefore, I'm more comfortable trading spot than futures, especially since I realize I don't yet have the analytical skills. In other words, I prefer long-term trading over day trading.

On the other hand, I also trade coins with long-term fundamentals. Although trading new coins offers significant profit potential, the risks are equally significant. Yes, I prefer using a combination trading system because using a single trading method can make me doubt myself when making decisions.

[Jegileman]

I have read and watched some methods such as support resistant trading , supply demand , SMC, etc
in some trading periods those trading made lot of profits and after that come with loss and loss again .

just wanna know what is your favorite trading system? single methods or combine with each other method?

Mixing two methods is not a bad one because anything that works for you best is what you’ll employ in your trades. Trading is a very complicated and if you’re not good in handling complexity, it is better you don’t try to mix two methods together. Trading is all about a system and when you’re able to understand a system that works for you and have about 70% winning rate, then your path in trading is already going to become a profitable one in the long run. Losses are part of trading and if you don’t want to lose money, then don’t start trading because it’ll just kill you emotionally into leaving trading sooner than expected. Once you’ve started trading and you’ve been able to see your profits gradually, you’ll just make it even more better with time. It’s a gradual process and if you believe in it, you’ll make it in trading.