A direct question to traders.
There are various effective strategies for trading the market, and success mostly is based on your understanding of any strategy of your choice.
What has been your most effective strategy or strategy in confluence with another for trading the market?
Price action? or use of indicators? Or are you an ICT trader?
Can you also share your reason for the strategy you use now, and which other strategies you have used before.
I just like doing swing trades. Because I have time that I have to divide with my work. So I don't have much time in the market. But that doesn't mean I don't actively monitor the market and the latest news that could have an impact on the market.
The strategy I use in swing trade is to only enter a coin if there is positive news that appears which is expected to have an impact on price increases. Like when in a month there will be a token burning event or something like that. So I immediately bought it when the price had not yet risen. And I saved it until the event was coming soon. And when the price started to rise I immediately sold it even though it was only with a small profit. because I have learned not to be too greedy in taking advantage of the market. I just repeat this strategy from time to time. Even though that means I don't get a profit every day, but once a week or two weeks I get a profit from trading using the swing trade method.