Quote from: GigaBit on Today at 04:31:59 AM

Quote from: virasisog on August 24, 2022, 10:50:30 PM

Quote from: BobK71 on August 22, 2022, 06:53:59 PM

Quote from: Rockstarguy on August 15, 2021, 05:44:44 PM

Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.

In Cryptocurrency generally, profit is taken from buying and selling. Here anyone can research as much as they want, create new strategies and apply them to make or lose money by buying and selling. Now the question is, will everyone follow the same strategy? No. Here different investors can make a profit by adopting different strategies. The strategy is constantly changing.

We can always create or apply the applicable strategy depending on the market situation that we have. It might be a trial and error process but we can still pick an effective strategy wisely. It's not just about buying and selling but rather smart buying and profitable selling. We should always make sure that our strategy will always be effective and would not cause us high losses.

Actually to do well in every business, a business man must be skillful. Many people do business but not everyone gets success. I think the trading business is no exception. We have to always create new strategies through research and analysis and apply those strategies. Trading business is basically a platform for intelligent people where those who are ahead in terms of intelligence will also achieve success.

having a positive mindsets and keep gaining knowledge while staying in any types of business will earn you success most of the time, there are business minded people who are not stopping with one strategy but they are trying to keep enhancing their styles and not just keeping the old one, if you are keen in succeeding you will find the best ways to fill it up.

otherwise, if after doing everything you think is good, and you still got negative outcome, it's much better to assess and think
if you have a future with your chosen business or you need to move forward and find alternative venues.

Trading even it can be done by everyone, but not all can succeed. That's the reality in this business.