Are you using always a trading plan?

[Senin]

With today's technology, it is easy to test a trading idea before risking real money. Known as backtesting, this practice applies trading ideas to historical data, allows traders to determine if a trading plan is viable, and also shows the expectancy of the plan's logic.What plan do you follow?

In my opinion, the use of a trading plan, while using cryptocurrency, is very difficult because of its high price volatility. In this case, you need to plan a change in prices for cryptocurrency, but it is almost impossible. Therefore, I still do not see prospects for the widespread introduction of decentralized cryptocurrency into the business sphere.

[juv3ntus1]

For a day,week trading strategy is very important to have and respect the plan ,  i use the chart to identifity when to buy and sell(support and resistence).

[Stalky]

yes I also use the plan to trade krypto, because for me krypto is also good for us to trade, because the price of keypto is also increasing, so I believe it will also get many benefits

[corr]

I think that a person who wants to succeed must adhere to certain rules and be disciplined. If this applies to trading on the crypto market then there should also be a plan for earnings. If you just enter the market without the ability to trade and without knowledge of the technology of coins and will to buy everything in a row and to trade without being able to trade, of course, that you will not succeed

[arnishad]

think  the trading of those alternative comes aren't terribly active, and there's no manner a project may be utterly winning if the trading aren't active, aside the standard of the merchandise itself. the simplest investment is to be placed on these coins that we all know ourselves are well-liked enough to possess the amount which will continually boost the worth.

[Octoalts]

When I trade Cryptocurrency coins, I will always look for information about the coins that I trade.  whether the coin is good or not, we also have to look at the market conditions, we cannot buy coins without looking at the conditions and situations at that time so we don't lose our money.  For Telegram groups that provide information about which coin predictions will have an increase in the price of a coin, I do not believe that.  And I just think it's just a fraud.

[Beattysuhita]

yes, my main goal is to invest in bitcoin, which I like to trade in bitcoin, because I myself have long been trading bitcoin, because bitcoin for us can also help generate profits, because the price of bitcoin is also good every day, so until now I still use bitcoin to trade
good we get in a short time and a long time, for me it's also very good we get.

[Brandon]

A trading plan is an important thing to consider for every trader some people always have a plan but they rarely follow their plan. Having a plan and implementing a plan are two different things. I keep my trading simple like I don't risk more than 5% in a single trade and when a trade works, I try to hold it for a long time and I can make money on the cosistant basis with this plan.

[I-Bit]

How do you think of trading BOT? Is it just machine with trading plans for other market multi-situation?Can it work better than human in trading by on-time data and calculating power?

I never use a trading bot until now. I still believe that we can do better than a trading bot. I can do my trading activity very well without a trading bot. So, I still don't need a trading bot for now. Yeah, maybe a big trader needs it, but not for me.

[Tristanerus]

In my part,  i simply used buy low and sell high method which is commonly used by most crypto traders or even in a stock exchanges. At this time I hold some token waiting for it to get high, if ever one if my asset will actually high, i will dump it and buy bitcoin or etherium because I strongly believe there's possible they will get skyrocket before the year end.

[svsanya]

A trading plan is a set of rules and guidelines that shape and define your trading behavior, including but not limited to: financial goals, money management rules. Most of us in our everyday life start out with a plan of sorts, which helps in becoming successful in our accomplishments are personal priorities.

[zilzylian]

How do you think of trading BOT? Is it just machine with trading plans for other market multi-situation?Can it work better than human in trading by on-time data and calculating power?

there are one crypto exchange providing services as you mean, they have an AI bot that can see trading history at any time, I still haven't tried that bot, but using bots definitely costs a lot.
but a little mistake will hurt you because if we get an error with the order amount and the price of the coin we want to sell is too low in exchange, then we will get a loss.

[aiviaa485]

Every person who produces positive value must use a plan, if it is not planned then it is the same as looking for losses or accidents.
Real trading like in the fruit selling market also has to use a plan, let alone trading a cryptocurrency full of drama.

[densuj]

With today's technology, it is easy to test a trading idea before risking real money. Known as backtesting, this practice applies trading ideas to historical data, allows traders to determine if a trading plan is viable, and also shows the expectancy of the plan's logic.What plan do you follow?

Well i know with the technology today there are many bot of trading cryptocurrencies and trading cryptocurrencies using bot is part of trading plan, it is just trading auto pilot. Personally i don't use robot trading because the condition of market cryptocurrencies is volatility, i always trade based on my trading plan manually because i have full of control on my investment in cryptocurrencies more than it, i can make trading plan which be more suitable for me to making constant profit from trading alternatives coins. And i follow my own personal trading plan based on my style of trading alternatives coins.

[Knaw]

I think that since the first time in crypto I always used krypto for my trade, because I myself also believe that the development of krypto prices is also getting better every day, so I also believe that I will get better profits by waiting for more stable prices