Hi friends, which trading methods do you use for trading dassets on #defichain?
Hi, first I wanna say, that’s pretty cool comeback of 90’s
I’m “testing” the trading on DEX about 6 months and I “develop” the “Short light” and “Long light” method. It easy. You have vault. When you wanna go Short, you loan dStock and sell, for Long you loan DUSD and buy dStock. If you reach the “take profit” zone and you believe, that the trend will continue but slow down, you swap a half and continue with LM. Possible lose is halved and you get DFI like a bonus and when you are Long you have also neg. interest of DUSD loan, so another bonus.
I’m preety curious, if someone else use the same method.
Have a nice trade;-)
When I trade on DeFi Chain, I mostly use a combination of technical analysis and fundamental analysis. I look at chart patterns and indicators to identify potential entry and exit points, and use fundamental analysis to trade. Verify and make sure you don’t buy
I tend to use a long-term approach to trading on DeFiChain. I’m not interested in quick flips or day trading. I build a portfolio of quality assets that I believe will appreciate over time. I use technical analysis and fundamental analysis to help make an informed decision and minimize the risk as much as possible.
I’m new to DeFiChain trading, so I’m trying different approaches to find what works best for me. Currently, I’m mostly using trend following and moving average strategies to provide entry points and exit points that we identify, and I’m also following Fundamental factors such as overall market sentiment and news to inform trading.
I really like scalping as a method of trading. I like finding small price moves and buying and selling quickly to take advantage of them. Not for everyone, but it’s a great way to make consistent profits. Very good. I have the right Strategies and the right tools.