Post
Topic
Board Trading Discussion
Re: My trading strategies
by
matchi2011
on 06/05/2021, 17:00:58 UTC
My trading strategy is intuitive. I know technical analysis, but I don't use it. Perhaps in vain, but mostly I catch drawdown movements, buy and sell later! Has been working for 3 years! Grin
You're wrong in not using it, that was your advantage, you can never appreciate TA's if you don't bother to apply what you have learned.
Perhaps, you don't wonder why you often lose as simple buying and selling without market analysis is pretty hard to catch a better price. I'd try that before but it never works, we are just lucky if we can make a profit as mostly it ends badly. I would say that to use it, then you can see a big difference results of your trades.

Maybe the good strategy to do here is to hold asset for years and wait for the exact time for it to reach a good value. For the maintime don't dump it without any purpose, because without analysis can be dangerous for us due to volatile market.
If you're planning to buy while price started to go down, just apply cost averaging technique also with buying when price starts to go upward trend.

Never to take actons without understanding everything, and if you are not in need and you are capable in sparing your investment
for much longer time frame,

Quite better to hold and wait if you do have solid assets inside your safe wallet, it takes time but if you able to maximize the profits
surely that would be enough to enjoy.