Do You Have a Trading Strategy?

Golden9

Notable
Member
Sep 6, 2022
1,897
143
Dex
$0.000
Raw Dex
$1.485
Having a trading strategy, no matter what assets you trade will give you an edge to make you profitable. Without this, you will have to rely on luck while trading, or rely on what others pitch to you. Do you have one, and how does it work? Is it profitable most times?
 
AgoraForo - Digital Marketplace & Freelancer Forum

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
Having a trading strategy, no matter what assets you trade will give you an edge to make you profitable. Without this, you will have to rely on luck while trading, or rely on what others pitch to you. Do you have one, and how does it work? Is it profitable most times?
The only trading strategy I have is to buy when it is low and self when it is high. I do spot trading
 

cherry123

Popular
Member
Sep 5, 2022
27,401
2,610
Dex
$0.001
Raw Dex
$0.010
Though I'm yet to start trading but I know It is important for everyone to develop a trading strategy because that is what will help you to make bumper sales
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,989
664
Dex
$0.000
Raw Dex
$5.405
I do not have any trading strategies because i am not good at trading. I believe before i can develop one for myself i need a lot of practice on my part.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,159
565
Dex
$0.600
Raw Dex
$3.057
In trading when the traders rely on their luck they would be doing gambling not trading. I think for one to be a successful traders they must have skills on the venture.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
If you want to be a trader, of course you have to have a strategy for determining buy and sell positions. Besides that, you also have to master various analysis, both technical, fundamental and sentiment. So before entering the market/exchange, you should have a strategy that suits your risk profile.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,159
565
Dex
$0.600
Raw Dex
$3.057
I think one needs to prepare themselves when inspiring to start trading. However there must be proven strategies and tactics that you must be vast of so that you can succeed the trading venture.
 

cherry123

Popular
Member
Sep 5, 2022
27,401
2,610
Dex
$0.001
Raw Dex
$0.010
Strategies rule the business world it is always better to have a good trading strategy so that you can excel and make success of any business. it is the way to go
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,159
565
Dex
$0.600
Raw Dex
$3.057
Honestly speaking I have not engaged myself fully in the venture to have a proper/ designed strategy. I am still fearing trading as it can take all my money and leave me with nothing.
 
Back
Top