Post
Topic
Board Trading Discussion
Re: Bull market/Bear Market trading strategies
by
kryptqnick
on 06/10/2018, 18:04:02 UTC
I've been successful during our bear market this year, by using the Depth Chart, or Micro-analysis of the order book.  I've set a tight stop-loss at 1% risk, with 1-3% profit exit per trade.  I use the principles of compound-interest to grow my btc stack with trades.
IMO this kind of profit is extremely insignificant and thus not worth spending time on. And for the trading fees to be less that this 'profit' one needs a really big amount of money, while having that kind of money probably means that this person doesn't actually need to earn it. Anyway, it's nice that people manage to trade even these days, but I think that bearish market is perfect for long-term investments. Buy low and wait for better times. They are probably worth it and there's no need to be constantly involved, as is the case with trading. Trading is a hard thing to do, while investing can end up very successful even without significant experience.