Post
Topic
Board Trading Discussion
Re: Trading strategy?
by
BitcoinCommodor
on 05/10/2017, 11:25:39 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

Money management. Perhaps the most important element of trading is capital preservation. Before undertaking to trade Bitcoin, consider how much money you can afford to lose before your current lifestyle becomes unaffordable. This will allow you to better determine your “pain point,” or how much wealth you’re willing to risk losing. Never commit any more than this sum to your trading account. Of this trading capital, never risk more than 5% on a single trade. Neophyte traders should not risk more than 1%. If your trading is successful, the size of each trade in absolute terms steadily grows as your trading account swells. If unsuccessful, at least losses are kept to a minimum, which allows time to adjust your trading plan.
Summing up I think, investing low capital is the main point in this big statement. We all know better about ourselves that what is the condition, how can we be disturbed, what is financial status now.

So keeping all these things, better strategy as said here is to invest as much money as you can easily lose in field. Don’t be greedy, make yourself satisfied.