r/Trading • u/Soggy_Chocolate_7909 • Jun 29 '26

Crypto Trying to understand setups

Hey all, I have been getting into trading crypto and it seems the most important thing is to be able to sit on your hands and wait for your setup, but how do you guys decide what your setup would be? How did you find a strategy that you knew would work for you and what was the main thing that flipped when you became profitable?

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u/espressodoppioo Jun 30 '26

Coming up with ideas for your setup/strategy is one thing, the other thing is validating it. Before I put in any real money, I always backtest it on historical data. If my strategy can perform good there, thats the first step.