What is your trading strategy?

[grandFX]

Trading is not gambling.  You will not lose in trading you outweigh but if you are real trader you wouldn't outweigh.  In gambling your money have a chance to lose and you can earn a big profit but 50%-50% your chance to win. Or they says that, its all depend on your luck but i didn't believe in luck.

yes, I agree if trading is not gambling. we need money management and management risk for that.
control your risk and control your money for your trading.

[philipma1957]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

[deisik]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

In gambling you play against the house. Since the house edge is always set in favor of the house, you are ultimately doomed to waste your deposit. In trading, on the contrary, you are essentially playing against other players (traders), even if it is a zero sum game (which it is not)... Do you feel the difference?

[grandFX]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

Hemm... the exchange same with broker only as an intermediary to meet seller and buyer.
yeah, the exchange and a trader get benefit from it.

[deisik]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

Hemm... the exchange same with broker only as an intermediary to meet seller and buyer.
yeah, the exchange and a trader get benefit from it.

And any legitimate exchange is interested in their clients earning profits and remaining solvent as long as possible at that (which is in glaring opposition to gambling against the house)...

[philipma1957]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

In gambling you play against the house. Since the house edge is always set in favor of the house, you are ultimately doomed to waste your deposit. In trading, on the contrary, you are essentially playing against other players (traders), even if it is a zero sum game (which it is not)... Do you feel the difference?

Do you know the definition of gambling very simple making a bet at unfavorable odds.  So every trade made is at unfavorable odds if you pay a fee.  That is the definition.

So all trading that is fee based is gambling.

Now if you want to say you know more info and the trade is not fair well thats a different game in itself.

[deisik]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

In gambling you play against the house. Since the house edge is always set in favor of the house, you are ultimately doomed to waste your deposit. In trading, on the contrary, you are essentially playing against other players (traders), even if it is a zero sum game (which it is not)... Do you feel the difference?

Do you know the definition of gambling very simple making a bet at unfavorable odds.  So every trade made is at unfavorable odds if you pay a fee.  That is the definition.

So all trading that is fee based is gambling.

Now if you want to say you know more info and the trade is not fair well thats a different game in itself.

It may astonish you greatly but any economic deal in the form of exchange (no pun) is not "fair". Were it not so, then no economic activity would be possible at all. But in the case of gambling (against the house) you are actually engaging in true self-deception...

[Nrcewker]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

if there are any free exchanges, they are in china. but the withdraw fee is 0.4% at least since the traing fee is 0.

[Scamalert]

Luckly the taxman have not yet found a way to put tax on these trades, if so, then will it be even less favorable to trade.

I do not consider trading as equal to gambling, gambling is purely about statisics (unless you play a game of skill, like Poker). Knowledge and experience can help you in trading. E.g. if you seen a 30 altcoins jump in value 2 weeks before a block half, then is it resonable to assume that coin number 31 also will jump in value 2 weeks before. Another example is the "dead cat bounce" after a pump, that can also be used as an advantages.

When that is said, I thing 99% of all who trade altcoins are gambling, they have no idea what they are doing, they are not making any indepth market analysis, simply trading with their "feelings", which is the same as playing on block on the roulette - and on routette... the house always win.

[grandFX]

Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.

Hemm... the exchange same with broker only as an intermediary to meet seller and buyer.
yeah, the exchange and a trader get benefit from it.

And any legitimate exchange is interested in their clients earning profits and remaining solvent as long as possible at that (which is in glaring opposition to gambling against the house)...

yes, thats right. I think gambling just for fun,
but trading is a business so.. we need to have money management

[bounst]

I do not consider trading as equal to gambling, gambling is purely about statisics (unless you play a game of skill, like Poker).

normally, trading is not gambling. but at present the bitcoin trading with futures & leverage is just like a gambling

When that is said, I thing 99% of all who trade altcoins are gambling, they have no idea what they are doing, they are not making any indepth market analysis, simply trading with their "feelings", which is the same as playing on block on the roulette - and on routette... the house always win.

full agreement

[TRLBitTrade]

Often I need Bitcoin fast, so I generally cannot wait a week for circle and coinbase! I use my Paypal Debit Card to purchase Bitcoin instantly but it comes with a 7.5% fee to do so. For example, if BTC is $235, I end up paying $252.62. I am then able to re-sell that Bitcoin at around this rate: 1BTC for $325. Thats about a $73 profit. If I take a month off to just purchase Bitcoin at its actual exchange rate and wait for it to all clear, then I am able to profit $90 rather than $73 per coin. If you can trade 3BTC a day thats about $1,533 in profit for the week, or $1,890 if you buy bitcoin at its actual exchange rate.

Sounds great right? That is correct, but in order to profit such high margins, I accept some of the most dangerous payment methods like Paypal and Paypal My Cash. What you hope for is that you have 8-9 out of 10 successful transactions. I make sure to try and pick the absolute best buyers there is on LBC. That 1 unsuccessful one would most likely be a chargeback. It is important to note that if you trade the way I do, you always need backup plans to account for potential funds being held by paypal. Charging high markups is important if you are dealing with this method because the chances of losing a sale is very high. I have two paypal account and keep all receipts, picture ID's, notes from the buyers to not reverse, and even with all this information, it is still extremely difficult to rule a chargeback in your favor.

You can use this same strategy to trade using WU, MG, Bank To Bank, and other methods as well, but the markup price you can sell at is relatively low, and you will need to put in a decent amount of money and time for it to be worth it. It will still be profitable, and the risk is much lower, as mentioned above, you just really need to put in a TON of time and a decent amount of money to make sufficient profits to survive the week.

[ObscureBean]

I happen to be really really bad at trading, I've turned a profit maybe a couple of times but I've probably lost 20 times that, it's uncanny how I seem to be able to consistently make the wrong decisions at the worst time  I quit trading almost a year ago, now I just buy BTC and alt coins and accumulate and keep my fingers crossed  Trading is fun but I swear the great trading god secretly hates me    If you're always losing money, you should probably quit trading.

[DANDALTZ]

DoubleW.club issued and now distributes in 8000 cities in near 200 countries - over 178.000 promotional "CCSA Coupons" worth € 11,000 each - IN BTC ONLY  (EUR 1.9bn / USD 2.2 bn)

In the next period of time it will significantly increase the demand for BTC, and thus likely to increase their value (expecting rise up to 50% !)

[coyne1981]

I happen to be really really bad at trading, I've turned a profit maybe a couple of times but I've probably lost 20 times that, it's uncanny how I seem to be able to consistently make the wrong decisions at the worst time  I quit trading almost a year ago, now I just buy BTC and alt coins and accumulate and keep my fingers crossed  Trading is fun but I swear the great trading god secretly hates me    If you're always losing money, you should probably quit trading.

Please don't trade trade. But PM me whenever you WOULD buy or sell. I'll do the opposite and split it with you. lol. 

[deisik]

I happen to be really really bad at trading, I've turned a profit maybe a couple of times but I've probably lost 20 times that, it's uncanny how I seem to be able to consistently make the wrong decisions at the worst time  I quit trading almost a year ago, now I just buy BTC and alt coins and accumulate and keep my fingers crossed  Trading is fun but I swear the great trading god secretly hates me    If you're always losing money, you should probably quit trading.

Please don't trade trade. But PM me whenever you WOULD buy or sell. I'll do the opposite and split it with you. lol. 

I'm afraid this might not work, it's not that simple. In fact, it doesn't actually matter how often you lose. You may lose 20 times and gain only once but still turn out profitable in the end...

[coyne1981]

I happen to be really really bad at trading, I've turned a profit maybe a couple of times but I've probably lost 20 times that, it's uncanny how I seem to be able to consistently make the wrong decisions at the worst time  I quit trading almost a year ago, now I just buy BTC and alt coins and accumulate and keep my fingers crossed  Trading is fun but I swear the great trading god secretly hates me    If you're always losing money, you should probably quit trading.

Please don't trade trade. But PM me whenever you WOULD buy or sell. I'll do the opposite and split it with you. lol. 

I'm afraid this might not work, it's not that simple. In fact, it doesn't actually matter how often you lose. You may lose 20 times and gain only once but still turn out profitable in the end...

I was only joking.

[BTCevo]

I happen to be really really bad at trading, I've turned a profit maybe a couple of times but I've probably lost 20 times that, it's uncanny how I seem to be able to consistently make the wrong decisions at the worst time  I quit trading almost a year ago, now I just buy BTC and alt coins and accumulate and keep my fingers crossed  Trading is fun but I swear the great trading god secretly hates me    If you're always losing money, you should probably quit trading.

The price of bitcoin is volatile but if you lost for 20 times I think it really bad luck for you, everytime you lost it you must got something new, so dont stop on trading. Check this forum a lot it may help you to learn something and find useful things. It has so many tricks how to make you profit altough you are still in a loss.

[arrowguys]

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

lol sure everyone would say disagree with your statement, absolutely trading is not gambling , if you just guessing maybe it is, but if you have knowledge and then you applying its not gambling anymore, trading had a rules trading had a system so you have to know everything about trading by learn.

[Dotakels]

Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up. (Stellar,doge,Clam,etc)

lol sure everyone would say disagree with your statement, absolutely trading is not gambling , if you just guessing maybe it is, but if you have knowledge and then you applying its not gambling anymore, trading had a rules trading had a system so you have to know everything about trading by learn.

Thats right trading have a system thar must follow the  traders so that the transaction is clear and there no outweigh both side. Gambling is betting that you only have 50% of winning. This can make ruined you life it can get your money as quickly . In gambling theres no win all of the gamblers are all losser if you win today., tomorrow you will be  loss