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Author: Admin | 2025-04-28
One for absolute beginners. With SIPAS, you ought to limit yourself to 1-2% returns over multiple trades in order to avoid big losses.Swing trading strategyProlific trader Jesse Livermore, who is often referred to as one of the best crypto day traders to follow, once said: "It is the big swing that makes the big money for you". And he himself applied swing strategies quite successfully to make bumper profits. On its most basic level, swing trading involves holding positions for any period longer than 24 hours. Swing traders generally keep their positions open for between 3 days and 3 weeks, usually around times of heightened volatility, such as reporting season or regulatory reviews.In a market as volatile as crypto, however, it can be used any time. Swing trading is really a blend of day trading and position trading, with an emphasis on technical analysis. When looking for swing opportunities, traders first have to identify resistance or support levels. Then, they try to find a bearish or bullish trend on the brink of a reversal in order to strike just as the countertrend begins.There is no doubt that this kind of strategy can bring huge returns. The only problem is the potential losses it could see you run up just as easily. Aside from the advantage of buying opportunities at multi-month lows, crypto beginners might be better off leaving swing trading for when they've gained a bit more experience.Stop-loss huntingNow, this is a strategy that is more for the market makers, or whales, as they're known in the context of crypto. Howdoes day trading crypto work with the stop-loss hunting strategy? Essentially, it involves selling large quantities of a coin in order to push the price down and trigger stop-loss orders. Once the price is sufficiently depressed, the whales then buy
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