Post
Topic
Board Trading Discussion
Re: Trading strategy?
by
hasmukh_rawal
on 18/09/2017, 13:24:07 UTC
Tell me about your trading strategy.

How much coins do you use when you trade? All of them?

How much time is it appropriate to hold a coin?

Thx

I use a trend following strategy for short-term trade's and follow Price action strategy too. I use only 20% of capital in each trade with a stop loss of 2% to 5% of capital depending on the trading strategy. Even Moving average crossover works fine for me. I use 2 simple moving average 8 and 21, and rsi indicator along with it. Enter buy position when 8 moving average crosses above 21 and rsi is crossing above 60 or maintaining above 60 and exit if rsi takes resistance near 60 levels again.Similarly, sell position takes place when 8 moving average crosses below 21 and rsi is crossing below 40 or maintaining below 40 and exit when rsi takes support on 40 levels. I hold positions till either I get my calculated target hit something near 10% to 15% or my system tells me to exit.

hope it helps.  Smiley