Bitcoin Trading Strategy 60%+ win rate

[EarnOnVictor]

First, thank you for bringing this strategy to us, but honestly, I am surprised that you claimed to be trading for 9 years and still using the moving average crossover strategy. This is the beginner's strategy and can be varied with many MA periods depending on how fast or slow you want the crossing to be. Well, good luck with that, but make sure you use a very strict money and risk management with this strategy and pray that the trend of the market last longer when you use it to trade. That's how you can be successful using the strategy.

I will tell you something that comes from my experience, the EMA's are being used since 1750, trading wasn't even a thing, but EMA's were used to calculate average prices. So EMA's are good for the trend trading, if you follow the trend, they are the best to use and easiest as well. I do not use "new" strategies, I always back test and EMA's prove to still be working flawlessly in all of the major financial markets.
If the day comes and EMA's will be proved wrong, that's when I will be looking for a new strategy, but until it works, I will not change but try to make it better.

I know a lot of people who are into trading for a living and they also use EMA. This is no beginner strategy, it is very complex if you try to do the things right. Yes, many beginners might use it too, but it doesn't mean they use it the right way.

Well said! At the same time, I want you to know that it is not how far, but how well, and this MA you see has different trading strategies and it is the fundamental for most of the custom indicators you can think about, so it is dynamic, versatile and powerful.

But still, it's not all of its trading systems that can have a high guarantee, especially the MA crossing strategy, which is weak and market price dependent, so it's dangerous to rely on it, unless the market is strongly trending, like I said in my first reply. And yes, you've made it known that this is a 60% strategy, which I quite agree with, nonetheless, you should train more to achieve a higher winning rate to quantify your 9 years of trading experience. Having an 80% winning strategy is not bad for that long years, see this as an encouragement.

[doomloop]

Good strategy but it is still good to tell people to use small amount of money because trading is very risky and can lead to significant loss of money.

I don't see that he said we will use huge amounts there, in fact, he also mentioned about proper risk management and then we must practice first. There are still sharers that can say use a slight huge amount because they are confident about their strategy. It is only up to us if we will follow it or not, I mean we can always start small too if we are in doubt.

I see some coins like bitcoin, and less volatile litecoin and some other to be very easy to trade if the trader is patient. The coins can increase, reduce a bit and later increase which traders that are patient can use to make money.

And this would be the reason on why he use BTC there but BTC is also high in volatility but this can bring us an advantage too, if we know how to utilize it well or we carefully follow the strategy given to us.

[Wind_FURY]

Have realistic expectations. We plebs are, many times, victims of those "high win-rate", "high profit" trading strategies. I'm not accusing OP, he/she probably is also a pleb like us who is also in his/her journey in trying change his/her life financially.

But the actual point is, merely because someone said "60% win-rate" doesn't actually mean 60% win-rate because market cycles change.

My recommendation to quit your day job to become a trader
-Expect first year to be a loser (it just works this way)
-At least one year of all living expenses separate (not to be considered trading capital)
-All trading capital should be profits from previous trading
-Realistic expectations (remember, world class traders seldom avg more than 40%)

https://x.com/peterlbrandt/status/1924444086691643761

[mirakal]

NOTE: I do not endorse anyone to trade with real money! Go demo trading and prove yourself that you know the drill, you know when to trade and when to stay away from the charts because this will keep you trading in the long term without getting liquidated over and over again by trying to catch every move.

Here is the reality:
Many traders are good at demo accounts; they are profiting well. But guess what? They change and lose when using real money. This is my personal experience, and I will tell you that no matter how good you are at using a demo account, when your emotions trigger using real money, it is over. You can feel different when using real money, even if it is just a small amount.

That is why I suggest making our trading journey with real money. The more we practice this, the more it builds confidence and controls emotions.

[Wiwo]

Good strategy but it is still good to tell people to use small amount of money because trading is very risky and can lead to significant loss of money.

I see some coins like bitcoin, and less volatile litecoin and some other to be very easy to trade if the trader is patient. The coins can increase, reduce a bit and later increase which traders that are patient can use to make money.

Some times advising trader's to trade with small amount os somewhat a wrong advice since we don't know the financial capacity of that trader's, and their level of skills, imagine advising someone that have a strategy with a 6o% win ratio, they will likely not want to be trading with small amount just because of the risk.

Although for beginners, the advice is good amd a welcome development at least it will lower they risks of losing heavily, since crypto trading most definitely isn't a win all the time thing, there are times that the loses just occurs naturally.

[mindrust]

Bitcoin Trading Strategy 60%+ win rate

If you're in a trading discussion with someone and he/she claims of such things like it's an absolute winner, then it's probably time to turn around and leave the conversation.

I'm not trying to offend you, OP. But like you posted - Don't Trust, Verify.

Exactly.

if it was that good, he would use it himself and made a killing instead of telling us about it.

Why?

Because more people use this strategy, harder it will become for him to make money. It is common sense and basic math.

I ain’t buying it.

[Wind_FURY]

Bitcoin Trading Strategy 60%+ win rate

If you're in a trading discussion with someone and he/she claims of such things like it's an absolute winner, then it's probably time to turn around and leave the conversation.

I'm not trying to offend you, OP. But like you posted - Don't Trust, Verify.

Exactly.

if it was that good, he would use it himself and made a killing instead of telling us about it.

Why?

Because more people use this strategy, harder it will become for him to make money. It is common sense and basic math.

I ain’t buying it.

It's like a casino throwing away its house edge out of the window, and giving the player the secret in how to beat it.

  ¯\_(ツ)_/¯

If it was a trustworthy member of BitcoinTalk that posted it, I would probably give it the benefit of the doubt. But I wouldn't accept it as "truth" either.

It's nothing personal against OP, nor am I trying to offend him/her. As the stupid one in the forum, I'm trying not to be the stupid one.

 

[Odohu]

This is possible but have you really tested the strategy in all market conditions like during uptrend, downtrend and when market is in consolidation? Some trading strategy work best during a trending market especially when the stop loss and take profits are big but when the market is in consolidation,  you will be getting stopped out every now and then. If you have done your proper testing and confirm that the strategy still works, then you are on your way to joining the 1% of the world's population that controls 99% of the wealth.

[Wind_FURY]

This is possible but have you really tested the strategy in all market conditions like during uptrend, downtrend and when market is in consolidation? Some trading strategy work best during a trending market especially when the stop loss and take profits are big but when the market is in consolidation,  you will be getting stopped out every now and then. If you have done your proper testing and confirm that the strategy still works, then you are on your way to joining the 1% of the world's population that controls 99% of the wealth.

But actually, what is the probability that a random poster in BitcoinTalk could give you the "Holy Grail/Crystal Ball" to join the 1% if the world's population that controls MOST of the wealth?

Plus if it's truly THAT, why would he/she give it freely? Test it if you must, but there's a very TINY probability that any of us plebs will make more profit from that than HODLing Bitcoin.

[Zigabel]

NOTE: I do not endorse anyone to trade with real money! Go demo trading and prove yourself that you know the drill, you know when to trade and when to stay away from the charts because this will keep you trading in the long term without getting liquidated over and over again by trying to catch every move.

You have stated a very brilliant strategy for trading actually but your demo suggestion is where i don't find to really sit well with me because from my experience over the yeas i have discovered that demo doesn't help you overcome that emotional issues you will have to deal with before getting in on the real market but if you are a professional trader with a very good years of experience, its very possible that you can use demo sometimes to try out new strategies before implementing them but ad a newbie trader, its not a practice you should dwell so long on because you may not end up leaving your fears any soon that way, it will be even much better that you deposit small amounts you know you can afford to loose like $10 or $20 and below and try out you strategy and also use that to build your emotional control strength too.

[jimmyysk]

I been trading crypto for few years especially futures with leverage. Starting I had lost few thousand USDT and recently only I gain back in long term trading with smaller leverage. Last time I very greedy and rushing using high leverage and mostly hit liquidation.

I still looking for a consistent strategy to help me making profit. Saw your post and I still had many doubt on your strategy may be if you don't mind to explain in more detail how you apply it. Since you just using the EMA indicator strategy how you identify the signal or filter out from fake signal without combine with out indicator.

What is the best timeframe to use this strategy and how volatile the percentage it be to justify what leverage should use. Do you set your take profit and stop loss. I'm using Binance exchange for my trading how about you? Hope to hear from you.