Post
Topic
Board Trading Discussion
Re: Trading strategy?
by
TheQuin
on 19/09/2017, 09:11:12 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

For trading, as opposed to accumulating to hodl, my strategy is to keep it very simple. When there is a selloff buy pullbacks at halfway back of the last move up and scale out of the position as it moves up again. After a consolidation buy/sell the breakout for a quick scalp trade.

I only use a very small part of my coins and trade on margin.

It isn't time dependent as the market will take as much time as it wants to get where it does. Set a profit objective and a stop loss and let the market exit the trade for you.