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Tradingsystem

How to trade Bitcoin that has high volatility and have a life !Hello just wanted to share my trading system since too many people stress a lot over bitcoin volatility and loose money, I also lost a lot in the past trading the charts with margin / futures. Today I have this simple trading system and I relax and dont care where markets go next and I been getting profits of about 10% average each month on bitcoin, ethereum and other major alt coins. In general the rule is too buy a bit more on every dip and sell in chunks and levels only when price is above my previous purchase. I do this for a few alts too such as ethereum , bnb, link, ada, dot, xlm, doge, ltc I trade on spot only, no leverage, start with 100% USD and current price, then I set buy limit orders for a small amount of USD, about 2% of balance for when bitcoin drops 2%, another limit buy order at -4%, -6% ... -40% Sometime later, for instance every 8 hrs or as possible, simply set more buy orders at -2% price if btc price has increased and set sell limit orders at +2%, +4% .. +40% once the orders are filled I also buy a very small amount when price is slightly above a new ATH. This strategy can work for any market, for instance stock market, just select markets that have a bright future, do your research. I dont short sell, only do traditional buy low and and sell high, major crypto coins are the future, blockchain is the new Internet ! I hope this helps, you dont need to loose sleep and stress with trading.
Long
by muxie
1
USDCHF short valid. 🇺🇸🇨🇭↘️✅Morning traders After a winning long trade on Friday our strategy says a short trade is now valid on USDCHF. We are working the 30M time frame here with the strategy set to a 1:3.5 RR ratio. Now I don't recommend jumping on random TradingView ideas as that is no way of knowing if you are trading with a proven EDGE. How do we know we have a proven trading EDGE? I know in the manner I have set the strategy to trade this pair has a proven EDGE thanks to the built in back tester. The results for the pair in question can be found at the foot of this idea and are based on 2% risk per trade with a £1000 starting capital. The data is back tested from January 1st last year. No one can predict the future but this level of data adds confidence in entering the markets. What is the strategy based on ? The strategy is a trend follow strategy and we trade what we see. We have combined 5 individual strategies into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts. Alerts can be set for these trades to aid trading manually or the strategy alerts can be automated and all your trading is done automatically! Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. All of the above is a perfect way to mechanically trade thus removing all subjectivity and doubt that can be associated with trading. This way of trading helps you detach yourself from the fear trading creates. Sticking to the plan with a known proven edge helps control any negative emotions. All we have to do is simply follow the trades as they present. For information on the methods and strategy in use feel free to drop me a message.
Short
by RichScott
EURUSD Long Entry (FEB 8)CONFLUENCE Descending Channel(Likely to break to upside Retest of last high within Ascending Channel Break of Previous High Risk 1% per trade SL placed based on current market structure. Placed slightly below long wick of prev. candle. Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows) Reward Currently expecting 3% return Psychology Currently I feel as if I jumped in to early. I probably should have waited till stong bullish confluence has printed
Long
by SCARY18
1
EURGBP long now valid ↗️✅Afternoon Traders. Our strategy has alerted us to a long trade on EURGBP . Working the same strategy as this mornings posted idea which was a short that hit take profit target. We know have a long trade in progress on the same pair. We know this strategy is profitable on this pair and have the back tested data at the foot of the idea to prove it. I don't recommend jumping on random TradingView ideas as this is no way to trade with knowing if consistent results are being achieved. If you as trader are looking for a proven edge in the markets then drop me a message for information on the strategy and methods in use.
Long
by RichScott
A trading system for rookiesThere are many trading systems but most of them are very complicated for the novice trader. The 30d/200d SMA trading system is simple, easy to comprehend and gives few and reliable signals without many false signals. The trader has to draw the daily diagram of the stock. Next they have to install three simple moving averages of prices, the 30d SMA, the 200d SMA and optionally the 9d SMA (to track the price formations). Price movement below 200d SMA most of the times signals the change of the stock’s long term trend to declining and this is the reason we must never buy a stock below 200d SMA. Correspondingly, price movement below 30d SMA most of the times signals the change of the stock’s midterm trend to declining and this is the reason why a new trader must never buy a stock below 30d SMA. Following these two rules, a new trader can avoid getting trapped in a declining trend that can diminish their capital. New traders are unaware of the risk of holding a stock with a downward trend. They are carried away by the excitement and hope of its prices returning to the levels they bought it and do not sell it. So, when they now have a loss of 70-90% in the capital they invested, they are seized by panic and sell the share at humiliating levels, losing their money. This is also the main reason that the 90-90-90 rule applies, i.e. 90% of new traders lose 90% of their capital within 90 days. The second important reason is that they follow the very short-term trend of the share that gives repeatedly false entry/exit signals, so they do too many transactions that lead them to big losses. Only very experienced traders can successfully track the short-term trend of a share (minutes, hours). My opinion is that a new trader should follow the 30d/ 200d SMA trading system, which applies in the daily stock diagram, and leads them to a small number of transactions with minimum risk. In fact, this system, if firmly followed, may lead them to big gains. Later when a rookie trader gets experience, they can use the same trading system for shorter timeframes i.e. in stock diagrams of 1 hour, 30 minutes, 15 minutes and so on, timeframes. A complete list of guidelines for the novice trader is presented next. I am sure that following these guidelines, a novice trader can beat the 90-90-90 rule.
NYSE:HSBCEducation
by Gnothisafton
10
You can’t beat the marketToo many who are engaged in trading, try to guess what will be the exact short-term future course of the traded security (stock, commodity, etc.) they are dealing with. Behind this futile effort is our ego that is convinced that we are smarter than the rest and so we can predict how the security will move in the short-term, to take a suitable position and beat them. I remember myself planning on paper, many years ago, how the market will move and making scenarios. Every time I broke my face, and so I realized that, almost always, it is impossible to predict the short-term course of the market. I write almost always because sometimes your predictions actually come true, but that's because the market wants it because it's a trap. Now I want to be very specific about what I mean by the vague term ‘market’. There is a widespread opinion that prices are formed by all of us who participate in the market through supply and demand – bulls and bears. This view argues that an institutional investor or fund managing billions and a micro-investor have the same weight in market price formation. Of course it goes without saying that this is not the case. The smart money (institutional investors, funds and powerful individuals) and the general public, the small investors, are both shareholders in each security. Everyone aims to buy cheap and sell high. The truth is that only smart money has the means to do it. So when I'm talking about the market, I actually mean smart money and its mechanisms because it is the smart money that shapes prices. Thus the goal of the market is the following: 1) To get the public to sell at the lowest point possible during a crash, so that the smart money can buy at the cheapest price possible. 2) To get the public to buy at the highest point possible during a rise, so that the smart money can sell at the highest price possible. So the small investor has to deal with the smart money and that is why it is extremely difficult to win in this fight, at least in the short-term. Smart money with its means is always a step ahead because it controls the game. That's why you have to accept that it's almost impossible to beat the market in the short-term. You cannot predict how it will move because it has all the current data (which you do not know) and will make whatever moves it takes to deactivate as many traders (bulls or bears) as it can. The market is a master at deception. In each phase, the short-term course of a security has infinite ways to move and each pattern has the potential to transform to a different one, depending on the positions taken by the other players in the market. Here is an example where some of the possible metamorphoses of a formation are shown. So if you can't beat the market and you can't predict its short-term future moves to get a suitable position, what can you do? You can 'read' the movements made by a security in the past, using the tools of technical analysis. So you can see what is the long-term (years), mid-term (months) and short-term (weeks) trend and understand the market's intentions for the future, i.e. whether it is intended to follow an upward, downward or lateral path. Once you've made it clear what path the market wants to take, instead of trying to guess its short-term future moves, you need to focus on what market is doing NOW, right now, and once the technical analysis gives you a medium-term input signal to hook up to the path the market has set until you get an exit signal, ignoring the short-term misdirection moves it will make. This is the technique of following the trend - you may have heard the saying 'follow the trend, the trend is your friend'. Here I must stress that if you are wrong about the intentions of the market and follow the opposite path you must accept your mistake and close your position by taking your losses as long as they are small. If you are a beginner or do not have sufficient knowledge of technical analysis, it is probable that you do not understand what I mean in the previous paragraph and I, on the other hand, cannot make up for them in the space and time I have by making detailed explanations. That's why you should read books on technical analysis and get the experience needed in real, in my opinion, conditions with little capital. Only if you lose and hurt, will you be forced to reflect on your mistakes and eventually gain meaningful knowledge and experience. Then you'll be able to better comprehend what I mean. Summarizing, 1) You can't beat the market in the short term. You can't predict its short-term future moves, so don't get carried away in short-term trading. 2) You can, with technical analysis, decode past market movements, determine what the long-term, mid-term and short-term trend is, and understand its intentions for the future. 3) You can monitor the movements that the market is making now and follow the medium-term trend it creates once you get an input signal from the indicators of technical analysis. 4) You can let your gains run. 5) You can exit the medium-term profitable trend if it goes to reverse as soon as you get an exit signal from the technical analysis indicators. 6) You can cut your losses early if you misdiagnosed the market's intentions. A suitable system to implement what I mention above is the 30d/200d SMA system, which I have described in my post entitled ‘a trading system for rookies, simple, profitable and capital protective’ you will find here In fact this system is not only for beginners but also for traders of every level who can simply, due to experience, apply it in the short-term. Disclaimer The writer of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NASDAQ:CRSREducation
by Gnothisafton
10