The dream of any trader is definitely to find a strategy that allows you to earn consistently regardless of the market and the durability of time. This is called a martingale (a system of continuous doubling of betting in the hope of an eventual victory that should yield a net profit).
We’d like to beat the casino bank. Hundreds of trading robots promise such results. However, everyone knows that these systems or methods are far from perfect and that it is illusory to believe that there is a magic program that will surely win. Losses are part of the negotiation. Without going to extremes, it is quite possible to establish a viable strategy and to perform well in the long run. The https://coinswave.com/ experts are aware of the following matters.
1: Find your market
To think that a strategy can be applied to any market is not logical. Each market has its own specification. Each asset class has its own properties. Within the same market, there may be different products. For example, the stock market is very extensive. There are various sectors, various sizes of companies, various regions of the world, and so on. A trading strategy must reach a specific market. This allows you to focus on a market where supply and demand is known, so you can specialize and become a specialist. We are talking about the fundamentals of the market. Similarly, a strategy based on technical analysis will not work in all markets. So it is necessary to determine which market you are most comfortable with and which strategy is particularly suited for you.
2: Using volatility
The basic principle of trading is to buy (sell) a product at a given price and resell (buy back) at a (less) high price. To better understand this definition, there must be a difference between these buying and selling prices. And this necessarily happens with volatility. This is an essential element of negotiation. Without volatility, nothing happens, the market does not move and it is even more difficult to base a strategy on this type of market. But first of all you have to find a market whose prices are at least fluctuating. That being said, volatility is not constant and much less permanent. Therefore, a strategy must be applied based on current market conditions.