Post
Topic
Board Trading Discussion
Re: What trading strategy is the best this season?
by
hd49728
on 03/10/2024, 02:54:35 UTC
With the hopium expected to be at the premium beginning this month (October), it's the time traders look out for opportunities to win big.
The market is not here to satisfy you and all participants. If most of people in the market think October will be Uptober and a chance to win big, you need to know that risk is high too. Be prepared for a Downtober as well and if you ignore this risk, and only think October will be up and chance for win big, you will have risk of bet big and end with big loss.

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For me, I believe this is certainly not the time for DCA, or swing trading.
DCA in a bull run is very good, because you buy and price rises higher. Why is DCA strategy is not good in a bull run?

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I rather do some leverage trading, especially on derivatives (of course there's need to choose exchanges with good liquidity) and employ good risk management including batch trading to periodically take profits.
Leverage is always risky in any market, bullish or bearish, it's always risky trading style.

Because in any market, either bullish or bearish, there are liquidations, and you will see market squeezes like Short Squeeze or Long Squeeze. If you bet with leverages, you will be liquidated with Short squeeze and Long squeeze.