@GoldenEagle77 on ETHUSD | PriceONN Community
I've been trying out a scaling strategy with ETH lately. I buy in small increments, like 25% of my position at a time, whenever it dips below the 50 SMA. Then sell small chunks as it goes up, trying to catch those little pumps. Helps me manage risk a bit better, esp with how volatile ETH can be. What do you guys think?
Replies
played out like I expected btw, nice 😄
Oh, and another thing I forgot to mention about my scaling strategy... I also look at the Bollinger Bands. If ETH is near the lower band when I'm buying, I'm a little more aggressive with my buys. And if it's near the upper band when I'm selling, I'll sell a bigger chunk. It's not perfect, but it gives me some extra confirmation.
Also, I'm only using money I'm ok with losing. Don't wanna end up a bag holder if things go south lol
Oh, and another thing I forgot to mention about my scaling strategy... I also look at the Bollinger Bands. If ETH is near the lower band when I'm buying, I'm a little more aggressive with my buys. And if it's near the upper band when I'm selling, I'll sell a bigger chunk. It's not perfect, but it gives me some extra confirmation.
Also, I'm only using money I'm ok with losing. Don't wanna end up a bag holder if things go south lol
M
@GoldenEagle77 I like the idea of scaling in and out. Managing risk is key, especially with how ETH moves. I'm still trying to find a strategy that fits my style.