Quote from: davinchi on February 04, 2020, 02:03:42 PM

Quote from: quality.crypto on February 04, 2020, 07:50:34 AM

Quote from: Hilsgort_T on February 04, 2020, 06:45:19 AM

I think its important for you to understand that most strategies that really make a profit will not work if many people use them. Therefore, people who find such strategies in 99% of cases do not talk about it.
Therefore, for myself, I see the only way out - to monitor the market and try to find my own strategies that will work.

Strategies will work for people who are holding efficiently in the market during at the time of fluctuations, strategies will not work on a daily basis and in some cases, we have to consider the market situations based on that we will make profits. Risk management is a completely different kind of management where we should cover it when we are in loos.

There are a lot of strategies and even individual strategies which might make us recover the loss and might even give us benefits on a daily basis. I am a day trader and I am successfully able to make profits from day trading by following few strategies and implying few patterns on 1 minute and 5 minute graph. Risk management would always include pre-investment precautions as well as post-investment precautions.

These might include your immense knowledge and also the strategies you use to make profits from the markets. It is not necessary that each time we end up in profits, most of the times we even need to face loss and that is the time when we could apply our own strategies to make profits from both the sides of the markets.

Exactly, people are very keen to make a profit on every trade they place, but sometime we have to face challenges even though we are very experienced. Based on the market situation we should always implement different strategies in order to overcome our loss. That's why we should always monitor the market and based on that we should act.