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Author Topic: What is your trading strategy?  (Read 304669 times)
gabmen
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May 24, 2017, 10:28:48 AM
 #1761

Actually trade should not have a strategy but we must dare to do it either it will face loss or profit.
If we do have a strong conviction to trade by itself trading strategy will appear to us.

Yes, trading without knowledge very dangerous. Most people always focus on method and strategy. But success traders always consider risk and money management. Trading VS Investment. Seems to be same but they are not.
of course any trader should have a strategy and a plan on how to proceed with their trades. when you're risking a capital for an investment, you just don't do it o a whim. you research and formulate a plan to follow to make the most out of your capital. it's not advisable to go gungho on trading as you might as well just be playing dice with your money

 
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May 24, 2017, 10:41:12 AM
 #1762

Actually trade should not have a strategy but we must dare to do it either it will face loss or profit.
If we do have a strong conviction to trade by itself trading strategy will appear to us.

Yes, trading without knowledge very dangerous. Most people always focus on method and strategy. But success traders always consider risk and money management. Trading VS Investment. Seems to be same but they are not.
of course any trader should have a strategy and a plan on how to proceed with their trades. when you're risking a capital for an investment, you just don't do it o a whim. you research and formulate a plan to follow to make the most out of your capital. it's not advisable to go gungho on trading as you might as well just be playing dice with your money
I don't think that making a plan would be advisable for making trade as market is unpredictable and no plan is certain. I hink it's better to do a lot of research you want to trade or invest in and place your tp(target price)/exit point so that your trade would have a direction without being worried that your target price won't get as what you have planned.
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May 24, 2017, 11:02:35 AM
 #1763

I try to enjoy the trade and not think about how to make money trading
The main point trader willing to invest their money to some coins because profit and no one can avoid this thing, if you just doing trade for fun only this is not your place mate. May I know, how much you have collected so far from trading with your "enjoy" behavior ?

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May 24, 2017, 06:44:38 PM
 #1764

I try to enjoy the trade and not think about how to make money trading
The main point trader willing to invest their money to some coins because profit and no one can avoid this thing, if you just doing trade for fun only this is not your place mate. May I know, how much you have collected so far from trading with your "enjoy" behavior ?

Maybe he just considers trading as an emotional comforter when losing in gambling, or indeed a hobby because income has been earned from other types of investments, this is more appropriate to online business strategy and not a strategy in trading market. But I am sure his views will change if it is getting a significant profit.

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May 24, 2017, 06:46:00 PM
 #1765

Buy low sell high doesn't work anymore because i can't fucking buy low, the price is climbing constantly  Angry
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May 24, 2017, 07:00:40 PM
 #1766

As of now I'm currently holding my bitcoin I don't want to lose this opportunity that bitcoin increase price ups only well sometimes I do trading but not that much I'm keep on earning bitcoin from gambling where I can earn profit there for my self strategies I also trade altcoins that has a great potential to grow in short term only.

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May 24, 2017, 08:16:48 PM
 #1767

well my only strategy in trading is buy and hold then sell but if the coin has no potential, i will sell it or if the new coin is a shit coin i will sell it immediately because i will only lose if i hold them any longer.
but, i didn't let go on litecoin i've been holding litecoins for atleast 1year but i didn't lose hope in litecoin until it woke up i was surprised that litecoin finally awake because of segwit.
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May 25, 2017, 06:49:45 AM
 #1768

Well, my strategy is all about buy low sell high that is the basic but the most important thing in trading because if you will follow that principles you will have a big profit, And another principle that i keep in my mind is you only lose if will sell because no matter how it will dumpas long as you will hold it you will not lose but sometimes I am using the sell low buy lower for me to gain profit.

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May 26, 2017, 02:17:35 AM
 #1769

Personally I don’t have a trading strategy I concentrate myself instead on trying to accumulate as much bitcoin as I can possibly can since I have no doubt the price of bitcoin is going to get very high in the future so there is no point in my opinion to try to trade and get some small earnings when you can hold and be ready when the price of bitcoin increases dramatically.
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May 26, 2017, 02:32:45 AM
 #1770

Buy low sell high doesn't work anymore because i can't fucking buy low, the price is climbing constantly  Angry


Well, the price may not be low compared to the past but it may be low compared to the future price.   
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May 26, 2017, 03:20:31 AM
 #1771

Always buy low sell high and of course, with a little help from exchanger can make more profit. My strategy use the long period time to analyze the market and take " open position " until the price come up. I also have " cut loss ", when price against our analyze we must out from the market immediately. Trading strategy is always about you, the people who take action follow the market. Not always success but it's worth.

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May 26, 2017, 06:25:48 AM
 #1772

Buy low sell high doesn't work anymore because i can't fucking buy low, the price is climbing constantly  Angry
The price is still low even we have reached $2,500 , some people predicted it will go to $10,000.
Before then you cannot completely afford to buy in that pedicted price .
Think about it and start decide whether should buy it now? Or later when the price on the highest!
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May 26, 2017, 09:23:37 AM
 #1773

Buy low sell high doesn't work anymore because i can't fucking buy low, the price is climbing constantly  Angry
The price is still low even we have reached $2,500 , some people predicted it will go to $10,000.
Before then you cannot completely afford to buy in that pedicted price .
Think about it and start decide whether should buy it now? Or later when the price on the highest!

Now there is a great chance to buy bitcoin. The price has gone down a little and so many now buy bitcoin for long-term investment. I will also buy coins now to sell them in a few years

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May 26, 2017, 02:40:43 PM
Last edit: August 30, 2017, 05:01:15 PM by Seville
 #1774

FOMO and YOLO are my trading strategies.. But in all seriousness, Longholding is the key to true profits  
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May 26, 2017, 05:39:49 PM
 #1775

My strategy in gambling is easy when i have a group in social media or in telegram where we can manage to do buy and sell in exact time altcoins , bitcoin even in short period of time better to be sure than to say sorry at the end it is hard to become solo trader and you don't have any partner to lean on.
'
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May 26, 2017, 06:00:05 PM
 #1776

As for me , l buy when the market has reach negative level between twenty to twenty-five percent . And with the help of good technical analysis of the candle stick to make sure that the market has reach its peak on the down world trend  before buying the currency. I equally follow the same technical analysis with the use of candle stick to make sure that I have made up to fifteen to twenty-five percent profit before selling. I made up to twenty-five percent profit yesterday before selling my listcoin with the same method. Note! It may not work the same way for you .
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May 26, 2017, 06:34:56 PM
 #1777

Follow good traders on twitter

Follow the overall BTC/USD market (good for determining when to get into alts)

Follow major alts (LTC, ETH, DCR, UBQ, CLAM, XRP, etc) trends

Get into a good Telegram or Slack group of dedicated traders (since markets are 24/7, good to have people in other timezones who can follow markets at times you're not awake and can ping you messages or trends you missed)

Execute trades!
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May 27, 2017, 12:44:21 AM
 #1778

For me, I buy at the buy orders side when the spread of price of an altcoin is big when sell value and buy value is compared. I also buy coins that are dumped a lot that I think have potential to grow like doge, eth, ltc and then hold them for long term and wait for a good exit point and their price now is the good exit point. I also watch for news related to altcoins then I buy the ones that I think will have a potential to grow especially coins who are having ICO at present.
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May 27, 2017, 05:55:15 AM
 #1779

For me, I buy at the buy orders side when the spread of price of an altcoin is big when sell value and buy value is compared. I also buy coins that are dumped a lot that I think have potential to grow like doge, eth, ltc and then hold them for long term and wait for a good exit point and their price now is the good exit point. I also watch for news related to altcoins then I buy the ones that I think will have a potential to grow especially coins who are having ICO at present.
There are a lot of coins on the stock exchange and for our strategy it is still necessary to have at least a little confidence in the fact that these coins will have a greater value in the future than at the time of purchase.

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May 27, 2017, 06:29:13 AM
 #1780

FOMO and YOLO are my trading strategies.. But in all seriousness, Longholding is the key to true profits  Grin

I don't think yolo is a good strategy but it all depends on the situation. The best trading strategy so far is to have a long term basis or keep on holding it for better. It's hassle less but you need to take the chance that there will be times that price will never be stable. So take time to realize if your heart is strong with worst things.

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