Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: AlphaBeta on January 09, 2025, 04:07:30 PM
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
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It seems from your words that you have a good trading experience, something good to put your goals at the beginning of the year and also encourage you to stick to the risk management strategy because the drifting behind your emotions and market temptations may cause you a lot of losses.
As for trading bots and grid trading, I tried it in the exchanges like Bitget and Kucoin, in which I did not reap a lot of profits, but it is still good at least that rests you from staying in front of the screen all the time.
Good luck in the new year.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
motivation can help you to be a steping stone,without risk you can't get there,life itself is all about risk,already you have the idea of trading,the risk attempting might shock you.
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I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
I am completely against trading bot, it could be good for you but I don't buy the idea of using trading to trade the risk is much and one could lose more while using trading bot. Although even though there are people who are finding love over it that doesn't mean that people should rely on it that way. But what is mostly important is for us to do the trading ourselves and know things we should apply to give us effective trading and a productive results than using bot or any forms of trading tools fast track our trading profits.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
I also agrees that we should try and make some amendments as modifications to how we have been trading over the years, maybe this time, things could change and possibly have more positive impacts on us, we are going to have more better chances of getting it right when we apply multiple approach as well as changing the existing strategy or patter to how we are trading.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Actually, trading is one of the best profitable source in crypto currency market. So we should be accepted some strategy for best trading in cryptocurrency market. Because this strategy will be very helpful for us. Because we know that trading is very risky for any person. So we should understand in cryptocurrency market and trading system. I think that we could be trading in short term for primary step. I think that gradually we can understand in this system.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Trading is profitable to all who knows how to trade, and for you, I see you have gained some experience and it is turning out well for you. Note; do not be overwhelmed when emotions comes in and you be swindled. Trading with caution is very good as it will help you manage risk. Improving ones trading strategy and modifying those which has not been much profitable. Starting the year with self improvement in crypto trading is very valuable as the year has some veiled events to be unveiled in time.
I don't use bot for trading, or will say I have not tried it at anytime. I could put that into my bucket list in my trading journey this year, and see if it works out well for me.
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I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Sharing your experience with trading bots and grid trading might be beneficial for some traders here as they will have basis on whether they will try it or not. I just tried it with 10$ a few days ago, and I'm at a loss currently since the market is down (and it went down yet again from $94,000 to around $92,000).
Re: New year, New trading strategies.
As for my strategy, I will change my strategy last year that caused me hundreds of dollars. This year, I will be more conservative in terms of the number of trades on a weekly basis, and as much as possible, I will just stick to only 1 trade per day or if I can't find then at least I'll make at least 3 trades per week. In that way, I guess I'll be safer than just making more trades just to chase those profits. The lesser, the better, the lesser stress as well.
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I haven't used the trading bot yet from any exchange; even on Binance, I saw the stats of those who use it. There's ups and downs on their profit, but it looks like it depends on when and where you use the bot and what you set.
I am more confident in trading manually, as I can make a decision right away once the market looks against my prediction and analysis. The risk management is always there; without the risk management, you will lose a lot rather than gain profit.
I've been trading daily, but I am not a day trader, but so that I am doing it on paper money, based on my previous experience, I feel that I am improving a bit compared to the last year. Last year, I lost a significant amount of money doing day trading, despite the fact that I thought all of my experience and trading knowledge would help me make a profit.
Well, it's experience, so I don't regret doing it. That is why I keep learning and trading daily, even if it's just paper money, but sometimes I enter while watching the chart. because I saw some obvious patterns. That is the time that I am going to put a position with real USDT for the short term and exit later. I make one or two trades per day, but sometimes none if the market is in correction and accumulation.
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A professional trader must have several strategies in trading to get maximum profit, and it seems that for now the market is really red is the time to buy. I also have a strategy in trading, but certainly everyone's strategy is not the same.
And what will distinguish between professional and amateur traders, namely from the results they get from trading over time.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Happy New year, In this new year we have to change and have to apply new strategies on trading. I think every man has some fault so from thats fault we have to learn more and more. Then we will able to release from thats fault. And we will be success.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
I like how you are looking to maximize profits taking and not focus on watching your profit get taking away from you but that trading bot that you are planning on starting, I hope you have use it before or test it before because you will find it difficult to make profits especially if the market direction changes, bot don't understand the strategy of sell because emotions of traders and holders isn't something it can explore.
Instead of using Bot to trade, why not trade on your own, with time your dependent on bot will vanish, you don't have to depend on bot to make money from trading again. This will only makes you become a better trader and better version of your self.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
I also look at bot and grid trading sections and to me they are not attractive enough. If you are already earning from trading then trying new ways is good but at this time of the bull run you must not try these new things with the money which you can use to make more profit. I don't have expertise in any of these.
I know how they work and you can easily learn them trading bots are not going to pick any coins for you but they will follow what you will tell them to follow so you won't have to book profit when you are sleeping or traveling etc. These bots are very helpful in many situations and with frequent trading sessions you can make a a decent profit but you have to be careful with the choice of token.
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I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
If you have a strategy from last year that works for you, there is no need to try and change it this year, But instead you should try to improve on it and try to make sure that it is more efficient. The only time when you should consider to change your trading strategy is when you've recorded a series of consecutive losses and not just one or two but several losses consecutively that proves beyond any doubt that your strategy is failing.
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Everyone has a target to gain more profit in the future and at the same time get more success. But everything depends on his effort and luck. If he gives his full effort and luck helps him then no one can stop him from being successful in the future. But just describing like this that you want to gain profit in the future that's not enough and at the same time I think using trading bot is one kind of risky step and I will not prefer that.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Trading with bots, copy trading, perpetuals or any other related promotions on which exchange will really be running up then it all matters on some trader whether this is something that they would fit in. Dont fit yourself or trying out something new which is out of your strategies. If you do find your trading profitable on last years then why would be trying out to changed? If there would be would be some possible adjustments or add ups then it isnt really that bad at all. The thing here is that you do really know on what you are really that doing. Dont limit yourself into opportunities on which if you do find out changes and if you do need to go higher in terms of strategies then do it, its a matter of trial and error in the end of the day.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Trading bot is an added feature for convenience so don't mistaken it for bringing more profits, it just execute what you would do and that it so it is not like some self conscious AI that is working for us and make money by breaking every loopholes on the market in a fraction of second.
New year or whatever, just stick to the basics and build a strategy that is profitable for you.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Trading with bots, copy trading, perpetuals or any other related promotions on which exchange will really be running up then it all matters on some trader whether this is something that they would fit in. Dont fit yourself or trying out something new which is out of your strategies. If you do find your trading profitable on last years then why would be trying out to changed? If there would be would be some possible adjustments or add ups then it isnt really that bad at all. The thing here is that you do really know on what you are really that doing. Dont limit yourself into opportunities on which if you do find out changes and if you do need to go higher in terms of strategies then do it, its a matter of trial and error in the end of the day.
I have the same thought as you, why try new things when trading with that strategy is already profitable? In fact, I think it's good because we only need to perfect it to be better and more effective.
Many traders are still confused about their strategy, so I think they should reconsider if they want to do something new. It's not that it's not allowed, but I think it's better to continue and perfect the previous strategy.
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I am not popular with bot trading but heard any information when using bot trading if price decreasing automatically set up stop loss feature with losses ratio under 20%, in other way must paid fee service for bot trading depend on kinds of bot and looks not really interested yet because we can't hold for longer time when using bot for trading.
Better trade or invest manual we can take profit as much we want and stop loss depend how much percent price decreasing, but if can earn much profitable chance with bot trading looks not bad ideas set up bot trading for this year.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
motivation can help you to be a steping stone,without risk you can't get there,life itself is all about risk,already you have the idea of trading,the risk attempting might shock you.
Strategy is just a few steps but to trade you have to accept risk. Trading any volatile coin will never be risk free. But trading is fully dependent on technical analysis, the better the analysis the better the profit.
Strategy is always needed the more and better strategies one can create the better one can profit be it from trading or business or job every field itself needs some unique strategy. That can make you different from others.
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Using a trading bot like the Grid Trading Bot will only be recommended for those of you who already understand how trading works, you will set everything up to make a profit.
Actually, it is not easy to set the trading grid so that the trading rhythm is as desired, everything must be regulated sufficiently in order to make profits in each trade and also the capital resilience that you have also needs to be regulated.
Don't use any trading bot if you don't know how to set it up, it will just be a wasteful dump.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
Can you share your risk management strategy as it can be helpful for many of us, speaking of myself I don't have a risk management strategy which would be very beneficial for me as I did not either did DCA in alts I bought them high all of them and now sitting with huge loss waiting for the alts to hit even the break even price.
You won't beleive how it manipulated me, like Avax gave me $150 profit I did not booked, it dumped back to entry price, it again rise and gave me the same profit I did not booked it drooped back to the entry price and now when I booked the profit it went more high as $45 which was not that much of a big pump I know but still more profit would have been made but let's just not be greedy and stick to the profit we have and be grateful. Market is currently teaching me lessons like these therefore I don't plan to follow old strategies but to make new and follow them.
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Well, if a trading strategy used in the previous year, 2024 did not bring good results, it is not a bad ideas to review one's strategy, see the areas you had some drawbacks for a better improvements.
Changes are constant, as we move along, there are setbacks, but if you adjust our plans and strategies as expected, it brings good progress. in facts, there are bound to to be some challenges as the year progresses, but a periodic review of plans, and strategies can boost our performance at the end of the year in my opinion.
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I guess I came across this post at the right time. I've learnt so much from everyone else's input on this topic. I've always wanted to give grid and bot trading a shot. I guess I have to know how and when to use it. I've discovered that there's an opportunity to receive a spot grid position voucher worth from $50 (https://i.ibb.co/sKvFYbv/20250112-133924.jpg) (https://ibb.co/WkWcJGW) which could help cover potential losses while I'm still learning. I'm thinking of taking advantage of this incentive to try out grid and bot trading with minimal risk.
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Well, if a trading strategy used in the previous year, 2024 did not bring good results, it is not a bad ideas to review one's strategy, see the areas you had some drawbacks for a better improvements.
Changes are constant, as we move along, there are setbacks, but if you adjust our plans and strategies as expected, it brings good progress. in facts, there are bound to to be some challenges as the year progresses, but a periodic review of plans, and strategies can boost our performance at the end of the year in my opinion.
I agree with you, we must review our plans and strategies in trading. because in trading we must always see market trends, and the 2025 market will be different from the 2025 market conditions because this year we will enter the bullish season. I will also change the strategy if I have not gotten the profit I want.
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Coming into this year I want to build on the success I got towards the end of last year in my trades.
I've set a few targets for this year, and while I intend to make more profits, I still want to stick to my risk management strategy and not get carried away by what the market does.
I'm also looking at trading bots and grid trading, I've been exposed to it a lot more recently as my exchange is allowing users to benefit from events that integrate them, and this is something I'd like to do and I was hoping I could get advice from people with experience in this here.
There are many strategies that really works but some of them may not work for you, and also what works for you may not work to others. It only means that there are no perfect strategies that gives you a very high winning rate. That's why we really need the risk management to be applied every time we trade because we can't always win. In that way, we can survive and become profitable in the future. I also not recommend to use trading bots because I didn't see a trader became profitable with that.