What is your trading strategy?

[layoutph]

My strategy, is not to become so greed. After riding a pump and made a profit, sell! Check out the chart and the news if you are in doubt stop buying. Wait for it to dump then buy again when it goes up.

[chineseprancing]

My strategy, is not to become so greed. After riding a pump and made a profit, sell! Check out the chart and the news if you are in doubt stop buying. Wait for it to dump then buy again when it goes up.

That is nice strategy, but me i keep on searching for my altcoin if the price would increase or going to dump to lessen of chance to lose my money. Then search again for other coin that have a potential to increase the valur and the important to know is how long the altcoin would exist.

[torry28]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend.

[Cactushrt]

My strategy, is not to become so greed. After riding a pump and made a profit, sell! Check out the chart and the news if you are in doubt stop buying. Wait for it to dump then buy again when it goes up.

Well we have a same strategy mate I'm just waiting to buy a dump coin and wait for it to pump again because there is a high chance that you will earn some and buying also cheap coins

[FlightyPouch]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend.

I really agree with you there, buying when the price is low and selling when the price is high is a natural way to earn profit on every assets or items that you have. As a business minded person, or as an entrepreneur, it is really the common way to earn. And I dont count these as a strategy because it is an obvious, one of the strategies that I know is on stores franchises where if the asset is in or in demand in that season, we increase the price and equal it to the demand. I dont think that it will be also done to bitcoin, but there are months that the price stability of bitcoin is the same and increasing.

[deisik]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend

This is what (successful) trading can ultimately be reduced to

That said, the BTFD ("buy the fucking dip") strategy can be considered as the closest approximation to this general rule or trading paradigm. You buy when the price (presumably) temporarily reverts from its trend, and you either sell if you are shorting the downtrend or buy if you are riding the uptrend. I think this is the closest thing to "buy low, sell high" trading principle that we still could loosely call a strategy (as opposed to sheer gambling or just simply riding the trend)

[Slow death]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend

This is what (successful) trading can ultimately be reduced to

That said, the BTFD ("buy the fucking dip") strategy can be considered as the closest approximation to this general rule or trading paradigm. You buy when the price (presumably) temporarily reverts from its trend, and you either sell if you are shorting the downtrend or buy if you are riding the uptrend. I think this is the closest thing to "buy low, sell high" trading principle that we still could loosely call a strategy (as opposed to sheer gambling or just simply riding the trend)

I agree.

Unfortunately, has been a very sad scenario, just go in the altcoin section to see. The dev comes with good news and next day the currency has gone up, days later the dev comes with a sad news, hours later the price of the currency has already fallen, they do it all the time.

Nor for anyone to say that it will analyze the graph, it does not help. Everything a person does is read the thread. only that. I gave up many altcoins.

[rcmiranda01]

Have a program in excel that calculates profits/losses. Practice and plan with it before executing your final trade.

[aardvark15]

Have a program in excel that calculates profits/losses. Practice and plan with it before executing your final trade.

It's good to plan out the profit you want to achieve on each trade so you can set the sell order correctly. You also need to account for the fees for every transaction because it will reduce the profits.

[ethereumhunter]

Have a program in excel that calculates profits/losses. Practice and plan with it before executing your final trade.

its good if we have a program that will calculate for profits/losses. i wonder what kind of formula that you use? can you share it? because if we do this, we can know in what range price we can get profits but i don't think that this will be good if we are often to made cut loss. but for me, as long as the difference of the price that i buy is small than the price that i want to sell, then i think i can make profit too.

[bravehearth0319]

My trading strategy was very typical and normal action as a traders in the exchange platform. Just all I wanna do is when the price crashing down for me its time to sell and then if I know the coins is getting up that's the right time for me to buy, but this things I did need a a quick action just like as bot or more fast than a bot. Because I applied day trading, but you can also do long term trading just set buy wall and sell wall, its simple as that.

[Reid]

My strategy, is not to become so greed. After riding a pump and made a profit, sell! Check out the chart and the news if you are in doubt stop buying. Wait for it to dump then buy again when it goes up.

It is a simple one and it does work.
But the problem is how would you know it.
It takes some time to get used to it. A lot of reading should be done before you could even make one successful trade.
A lot of experience also to the trading industry even with commodities or other currencies will be helpful to understand how the trend works.

[omorfi]

Buying altcoins while bitcoin falling 

[deisik]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend

This is what (successful) trading can ultimately be reduced to

That said, the BTFD ("buy the fucking dip") strategy can be considered as the closest approximation to this general rule or trading paradigm. You buy when the price (presumably) temporarily reverts from its trend, and you either sell if you are shorting the downtrend or buy if you are riding the uptrend. I think this is the closest thing to "buy low, sell high" trading principle that we still could loosely call a strategy (as opposed to sheer gambling or just simply riding the trend)

I agree.

Unfortunately, has been a very sad scenario, just go in the altcoin section to see. The dev comes with good news and next day the currency has gone up, days later the dev comes with a sad news, hours later the price of the currency has already fallen, they do it all the time

That should have been expected

If there is a widely known strategy or approach which could be loosely called that, it doesn't mean that it will necessarily bring you profits and won't actually incur losses. Everyone knows these strategies, and what is more important here the market (as a collective whole) knows about them as well and uses them to steal money from inexperienced traders. The market minority always fools the majority in the long run

[Victorycoin]

Mine is very simple. Buy when stable low price point is visible. And sell in volatile rallies . Or just hold long term for investment purposes. And yes I was able to make profits.

Same, since I was not a professional trader. I am only like guessing. Basing from the movement in the price. I am based on the buy and sell wall, If I can see that there are huge buy wall, then I add 1 sat with that. then when I have the coin. I am now looking at the sell wall. Then I subtract 1 sat with that. meaning I am only into the buy/sell wall. Usually I consider that a wall if the price before it reaches my bid/ask is 1BTC. Luckily, I am earning from that strategy and Im comfortable using that since I've started learning trading.

I think you can do much better by taking most of the guess work out of your trading equation by embracing some proven and tested indicators especially those ones that tends to highlight good entry and exit prices. Do you know of any of such indicators, if not simply ask, the wheels have already been invented long ago, no need trying to invent another wheel or enhance inefficiency by ignoring it.

[Salazarian]

My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.

Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading.

Actually saying "buy low and sell high" isn't simple as that (This is not even strategy, but it's what trading itself). We don't know what is the right time to buy and sell (if we are too late, the price already increased/too high, or if we are too early to buy, the price could be decreased/falling down, vice versa with selling),
There are a bunch of strategy in trading, google is your friend

This is what (successful) trading can ultimately be reduced to

That said, the BTFD ("buy the fucking dip") strategy can be considered as the closest approximation to this general rule or trading paradigm. You buy when the price (presumably) temporarily reverts from its trend, and you either sell if you are shorting the downtrend or buy if you are riding the uptrend. I think this is the closest thing to "buy low, sell high" trading principle that we still could loosely call a strategy (as opposed to sheer gambling or just simply riding the trend)

I agree.

Unfortunately, has been a very sad scenario, just go in the altcoin section to see. The dev comes with good news and next day the currency has gone up, days later the dev comes with a sad news, hours later the price of the currency has already fallen, they do it all the time

That should have been expected

If there is a widely known strategy or approach which could be loosely called that, it doesn't mean that it will necessarily bring you profits and won't actually incur losses. Everyone knows these strategies, and what is more important here the market (as a collective whole) knows about them as well and uses them to steal money from inexperienced traders. The market minority always fools the majority in the long run

yes that is right good strategy and good in planing can increase the chance of making money from trading. i fyou have invested  a good amount of money but you do not have any strategy then you can lose your money in trading.

[blackhawkeye1912]

I f I saw the value of coins is going down in the graph I will set the coins at the sell wall at the price I'm going to fill it. And then if I find out that the value of the coin is going up I will act and buy at once to set it accordingly to the price I want to set it.

[rcmiranda01]

Have a program in excel that calculates profits/losses. Practice and plan with it before executing your final trade.

It's good to plan out the profit you want to achieve on each trade so you can set the sell order correctly. You also need to account for the fees for every transaction because it will reduce the profits.

Yes, I also included the fees to be more accurate.

[deisik]

Mine is very simple. Buy when stable low price point is visible. And sell in volatile rallies . Or just hold long term for investment purposes. And yes I was able to make profits.

Same, since I was not a professional trader. I am only like guessing. Basing from the movement in the price. I am based on the buy and sell wall, If I can see that there are huge buy wall, then I add 1 sat with that. then when I have the coin. I am now looking at the sell wall. Then I subtract 1 sat with that. meaning I am only into the buy/sell wall. Usually I consider that a wall if the price before it reaches my bid/ask is 1BTC. Luckily, I am earning from that strategy and Im comfortable using that since I've started learning trading.

I think you can do much better by taking most of the guess work out of your trading equation by embracing some proven and tested indicators especially those ones that tends to highlight good entry and exit prices. Do you know of any of such indicators, if not simply ask, the wheels have already been invented long ago, no need trying to invent another wheel or enhance inefficiency by ignoring it

These wheels may take you where you may not want to be

The "proven" indicators you refer to are just moving your guesswork to some algo, but the end result will be essentially the same, if not worse. On the other hand, though, when you fail with one indicator, you can blame it (instead of yourself), and start moving through various other indicators with basically the same outcome, i.e. money wasted and capital lost

[Devboy]

I f I saw the value of coins is going down in the graph I will set the coins at the sell wall at the price I'm going to fill it. And then if I find out that the value of the coin is going up I will act and buy at once to set it accordingly to the price I want to set it.

Actually this is the root of trading strategy. Purchasing small price and sell when it upfront. There are many great trading strategies, everyone uses different formula, have followed different ideas. Thought something new make anyone help to do something big.