Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. What is the trading strategy when dealing with the Covid-19 virus?

What is the trading strategy when dealing with the Covid-19 virus?

Discussion started on General Cryptocurrency Discussion

Print
Pages: 1 [2] 3   Go Down

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
a more appropriate strategy to use when the covid-19 virus pandemic is in my opinion is a strategy that is not wasteful of margins given the market movements are quite volatile and unpredictable in its market range.
#16 - April 29, 2020, 09:25:39 PM

VijjayVij

  • Jr. Member
  • Posts: 62
  • Points: 1728
  • Likes Received: 1
  • Reputation: +0/-0
in my opinion the trading strategy cannot be changed unless it changes the system and the market moves freely even though there is a corona virus pandemic or nothing, the most important thing is we still look for the right moment for entry.
#17 - May 07, 2020, 09:25:57 PM

Sam86

  • Full Member
  • Posts: 180
  • Points: 583
  • Likes Received: 28
  • Reputation: +1/-1
I dont have any idea with this. Market are noise.. oil down more deeper and i got margin call due this.
#18 - May 08, 2020, 02:32:15 PM

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Many strategies fail with covid-19 conditions, it is very difficult to predict the current market.
although managenent money helps but if it is often hit by a stop loss it also actually becomes dizzy.
#19 - May 10, 2020, 04:11:42 PM

Muh0340

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
during the covid 19 pandemic like this in my opinion the strategy remains the same, it's just that we have to tighten our MM because MM is the main savior when we are trapped in very bad conditions and SL as anticipation of the worst events.
#20 - May 13, 2020, 02:57:49 AM

drumstick626

  • Newbie
  • Posts: 11
  • Points: 1167
  • Likes Received: 0
  • Reputation: +0/-0
i wanna learn about strategies on trading for a good profit.
#21 - May 15, 2020, 08:27:30 PM

Genic08AD

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
I only have 1 trading strategy so I still use the same strategy even though the covid-19 outbreak is plaguing it, it's just that I'm more aware of the market turmoil that is often erratic.
#22 - May 18, 2020, 02:54:32 PM

FzFx

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
trading strategy when covid-19 occurs in my opinion the same because the trading strategy does not need to be changed that needs to be aware of is the issue of further covid-19 that can make the market volatile.
#23 - May 27, 2020, 03:44:21 AM

Mochira

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
Covid 19 has subsided, the market is stabilizing, now is the right time to trade, and buy some cryptocurrency for investment.
#24 - June 01, 2020, 03:48:39 AM

FardhanVx

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
when it comes to crypto trading then I still use my forex trading strategy because I trade crypto at a broker so there is no specific strategy for crypto trading especially since I rarely trade crypto compared to forex trading.
#25 - June 01, 2020, 06:50:34 PM

Lolek555

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
Actually from mid March ALL markets are driven by covid-19 case and it is always risk - off  when cases rise in some significant areas like  US, EU, Asia and then we had after March big recovery - risk on.
so all currencies like EUR, GBP , AUD , NZD, CAD have direct connection with main US stock market SP500 , all makets are looking what's next with virus .. my strategy in March was decreased Lot size because of volatility, quick scalps and i made several hundreds of %, maybe 1000% but i lost it all in March too because i was catching the "bottom" on SP 500 and market started to crash... so after the bottom till now my strategy changed volatility decreased i switched to FX again for higher time frames, but now as i can see again in US Covid 19 cases are rising much in few States so we can comeback to higher volatility . and again Dollar index is strong when Sp500 fall , we will see  if this time will be different.. Europe and Asia are calm for now and all Central Banks are printing tons of money (QE) etc..

edit:

sorry for my mistake i haven't noticed that this is Crypto forum .. i was looking for a covid topic...




#26 - June 27, 2020, 10:45:51 PM
« Last Edit: June 27, 2020, 10:48:31 PM by Lolek555 »

PrimaFx

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
when the pandemic struck as it is today is still prone to price fluctuations but it seems that prices have begun to be friendly and have begun to adapt to the existence of issues about covid-19.
#27 - July 23, 2020, 02:04:14 PM

kusneni

  • Sr. Member
  • Posts: 386
  • Points: 0
  • Likes Received: 62
  • Reputation: +1/-0
For bitcoin trading covid 19 is no longer influential, bitcoin can hold above $ 9k and try to make a rising trend.
#28 - July 27, 2020, 08:08:49 AM

Sugeng Setiadi

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
covid-19 is indeed a factor why bitcoin prices move erratically but most movements tend to go up because many people consider the price of bitcoin to be quite good and can begin to be used as a reference for other prices.
#29 - July 30, 2020, 12:06:05 PM

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Quote from: Sugeng Setiadi on July 30, 2020, 12:06:05 PM
covid-19 is indeed a factor why bitcoin prices move erratically but most movements tend to go up because many people consider the price of bitcoin to be quite good and can begin to be used as a reference for other prices.
There are many factors that cause BTC to rise, in addition to falling USD prices.
many people are looking for alternatives to make investments, many are buying bitcoin as an investment in this pandemic condition.
#30 - August 04, 2020, 02:30:37 AM
Print
Pages: 1 [2] 3   Go Up
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. What is the trading strategy when dealing with the Covid-19 virus?

Members:

0 Members and 1 Guest are viewing this topic.


What is the trading strategy when dealing with the Covid-19 virus? in General Cryptocurrency Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: