- - BITCOIN - Smooth Trader :-)) - -

ipanks

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Quote from: Slow death on June 30, 2021, 09:30:14 PM

will I be the only one who is not seeing anything?

I hope @OP can explain more details about what he means because we only guess. I can not understand, but I think he wants to say that he has a model that can tell him when he should buy or sell.

I guess his model tells him to short bitcoin because the price is down to the lower price and if I am not mistaken, that could relate to margin trading. After all, if the market is down and we short bitcoin, we will profit and vice versa.

I wonder what his model is. It is hard to analyze where bitcoin will move in the long term, but okay, we can get the sign that bitcoin will go down or up, but we do not know when the price will bounce up or down.

Kelvinid

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win lambo...

Smooth trader? Did someone make money in trading without any struggles? I don't think so.
Because even how good you are in TA, chart reading, you can't make all the things work fine and smooth, ohh, that is the truth.

And to be honest OP, I'd never trust someone who proclaims themselves being good at trading and teaches me what I gonna do.
It is simple, as the market remains unstable, you can never expect that your TA's will be accurate. No, it might work now but not for sure if it works later.

AakZaki

legendary

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zknodes.org

Trading will not always be smooth and profitable. sometimes losses even dominate. Futures trading or two-way trading does look easy and it's easy to double money. But when you make a mistake, liquidity will be the last thing to happen. Using leverage wisely also matters. Do not rely too much on large leverage, because it will quickly destroy your money.
Trading smoothly is assisted by good technical and fundamental analysis. but do not be too greedy, it is also the cause of a beginner and a professional caught in a loss.

redsun114

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Leading Crypto Sports Betting & Casino Platform

Quote from: Trendguy2 on June 13, 2021, 05:58:45 PM

The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !

Being careful will be possible if you are good any your technical part of cryptocurrency trading. It means you need to be proactive while trading so that you may not miss out certain good levels which is key for easy profits when we opt for long term holding.

Quote from: el kaka22 on June 25, 2021, 11:23:12 PM

My signals provided me buy signal by the times of 2015 January when bitcoin was trading below $200 and it did not give me any signal to book profits till today hence I am still into my old long positions

How lucky you are; still holding your positions from the price levels of $200? I read some people who mined bitcoins when it was trading below $500 levels are still holding them (I mean mining would be much better way to acquire bitcoins compared to buying).

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

honestly I don't understand anything about this thread, OP is not clear at least if he could show this model in practice it would be something good and more objective and would motivate more people if he could show his results. Following your model, what price trend do you expect for the end of this year? what would the maximum price for this year be if anyone asked you?

Quote from: maxreish on June 30, 2021, 08:13:50 PM

Anyway, I envy your good trading strategy and courage.

will I be the only one who is not seeing anything?

maxreish

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Activity: 1330

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Well, that seems to be your lucky entry. Since those trade you have made agreed to your side when you did long entry and the market smoothly goes up. What technical analysis did you use, by the way? Because there are times that sudden sideways happens and you make an entry but the market do the opposite.

Anyway, I envy your good trading strategy and courage.

isaac_clarke22

sr. member

Activity: 1610

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Quote from: bolawin on June 14, 2021, 09:15:56 PM

~

Lol. Tell me about it.
I day traded back then. I used some indicators like Bollinger Band and RSI. Proved me the usefulness but I wasn't just up to day trading strategy.

maju69

full member

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Quote from: bolawin on June 14, 2021, 09:15:56 PM

TA is fun, but also can be stressful Grin

It's fun when TA is made as a hobby for tenacious people to cultivate their curiosity. TA stresses us out when our mental state and mood are out of sync. Mental health needs to be controlled and we are frankly aware of 1000 ways to be in the worst mood.
all have a level of quality in managing TA, and it depends on how nimble a person is to continue to master all the indicators that already exist, or whether he creates them himself.

tulusikhlas

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Quote from: Trendguy2 on June 26, 2021, 11:08:03 AM

I'm sorry, but I strongly disagree. Maybe on the time frames or on the indicators you are using it may not appear to be a Smooth Trader, but on my model it is PERFECT ! ! ..... not a bot .... a technical model ..... went long from May 2020 ..... recently went short May 1st, 2021. ...... JUST LOOK FOR YOURSELF ..... SMOOTH ALL THE WAY UP .... NOW SMOOTH ALL THE WAY DOWN (for now). Great Short Trade ! ! !

how to overcome the mentality to control short trades? whether it is actually dangerous and not profitable. when the market is not stable whether short term is recommended for those of us who only focus on long term crypto trading. I don't really agree with the short-range strategy if you are not watching the chart all the time,.

Trendguy2

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I'm sorry, but I strongly disagree. Maybe on the time frames or on the indicators you are using it may not appear to be a Smooth Trader, but on my model it is PERFECT ! ! ..... not a bot .... a technical model ..... went long from May 2020 ..... recently went short May 1st, 2021. ...... JUST LOOK FOR YOURSELF ..... SMOOTH ALL THE WAY UP .... NOW SMOOTH ALL THE WAY DOWN (for now). Great Short Trade ! ! !

el kaka22

legendary

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Trendguy2 on June 13, 2021, 05:58:45 PM

Bitcoin is great to trade because it is a SMOOTH TRADER.
My Long Term Model gave Buy Signal last May 2020 .... went Long all the way UP to this May 2021 - - - HUGE MOVE UP ! ! ! $ $ $ $
Now, May 2021 it gave a Clear + Easy SELL SIGNAL ....to make money on the downside ... so far another HUGE MOVE DOWN $ $ $
The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !
Here's to successful and profitable Bitcoin Trading ! ! !

I somehow understand that you are taking about some bot or signal group to trade bitcoin.

Bitcoin is not a smooth one to trade with for any level of experienced trader and even in strong bullish times. So, what exactly provided you buy signal by last year May month itself?

Moreover, you did not mention about your current open position. Are you still into shorting of bitcoin or already entered into long and waiting for December month to book and go shorting again? You must need to include information on your current opening as well.

My signals provided me buy signal by the times of 2015 January when bitcoin was trading below $200 and it did not give me any signal to book profits till today hence I am still into my old long positions Cheesy

.

Trendguy2

newbie

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Purpose ? ... just say'n .... Bitcoin is a BEAUTIFUL "TRADER" ! ! .... not to Buy & Hold ... but to follow a proven technical model .... I repeat: Bitcoin is a SMOOTH TRADER ! ! ... easy to follow !

DarkDays

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It is not clear to me exactly what the purpose of this post is.

Most people on here believe in Bitcoin and are interested in trading it.

It is obvious that people try to do what they can to catch the best timing for profit optimisation.

Nobody likes to loses but we all have to go through a steep learning curve in order to maximise their odds, and not get bitten down by the market FUD out there.

cryp24x

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Activity: 1190

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Quote from: Trendguy2 on June 13, 2021, 05:58:45 PM

Bitcoin is great to trade because it is a SMOOTH TRADER.
My Long Term Model gave Buy Signal last May 2020 .... went Long all the way UP to this May 2021 - - - HUGE MOVE UP ! ! ! $ $ $ $
Now, May 2021 it gave a Clear + Easy SELL SIGNAL ....to make money on the downside ... so far another HUGE MOVE DOWN $ $ $
The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !
Here's to successful and profitable Bitcoin Trading ! ! !

The thing I know only is that Bitcoin really good for the long term holdings. And I don't use any tools for trading as well, just like signals, indicators, leverage or margin, just using spot trading that's it. Because for me so far so good and it gave me moderate earnings for a couple of years now actually.

Trendguy2

newbie

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Scalping is something much different. It quick takes small profit. When following a MODEL you enter a position (either long or short) when the model gives you clear technical REASON to do so ... and you stay with that trade until either large profit is obtained OR the model gives you sound technical reason to exit.
My model went SHORT May 1st, 2021 and REMAINS SHORT ! ! !

bitcub

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What is SMooth Trader? Bitcoin signal or a software? It is so hard to scalp these days. The market is so deceiving and not following TA.

Trendguy2

newbie

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As I said ..... BTC is heading lower. Sorry to all the guys that disagreed with me .... but my model is very reliable !
BTC will GO LOWER
What a GREAT SHORT TRADE ! ! !

so98nn

hero member

Activity: 2114

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Careful analysis always lead your path towards astounding trading.
However my experience is not that amazing or may be I need to learn more basics of TA. I have always ended up in over buying a stock at wrong time. I mean either the entry would have been at higher price or may be I sold too early even though my candle reading stated it’s time to sell. Lolz.

Obviously my analysis could have been wrong or may be it’s the higher volatility of market which is not making it right all the time.

Blind trades are horrible so anyone new here must learn basics first. Otherwise just buy at low rates and hodl them until years to come. Grin

Tytanowy Janusz

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Quote from: Trendguy2 on June 13, 2021, 05:58:45 PM

Bitcoin is great to trade because it is a SMOOTH TRADER.
My Long Term Model gave Buy Signal last May 2020 .... went Long all the way UP to this May 2021 - - - HUGE MOVE UP ! ! ! $ $ $ $
Now, May 2021 it gave a Clear + Easy SELL SIGNAL ....to make money on the downside ... so far another HUGE MOVE DOWN $ $ $
The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !
Here's to successful and profitable Bitcoin Trading ! ! !

Bravo! you just wrote here that your system was correct ..... n=2 times. Thats insane XD

Without sarcasm. n=2 is nothing. Too small sample to prove that your model is correct or not. N=100 is where we can start talking.

For example martingale system for gambling is a system that works for weeks and people are always super excited about when starting to using it ... but after few houndreds of bets (depends on bankroll) they zero they wallet.

andriarto

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Quote from: Ararbermas on June 15, 2021, 04:26:10 AM

Quote from: bolawin on June 14, 2021, 09:15:56 PM

TA is fun, but also can be stressful Grin

correct but it's worth it after all.. Actually there are some useful tools/indicators if you really want it to become easier wherein you just need to combine it to get the real movement of the growth rate and for me 4 indicators is enough. Wink

.. Yes that's true even you make back testing its very informative. Just imagine if you used two or three indicators and the results were the same, its will be effortless always when it comes making TA through the chart. ..

but also keep in mind, sometimes indicators don't work well, so we shouldn't be too sure. and the most important thing is what steps we take when our analysis is wrong. all decisions depend on each trader and the courage to take risks. many people easily get profit on their trade, but few people are able to survive in the face of the market

Ararbermas

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Quote from: bolawin on June 14, 2021, 09:15:56 PM

TA is fun, but also can be stressful Grin

correct but it's worth it after all.. Actually there are some useful tools/indicators if you really want it to become easier wherein you just need to combine it to get the real movement of the growth rate and for me 4 indicators is enough. Wink

.. Yes that's true even you make back testing its very informative. Just imagine if you used two or three indicators and the results were the same, its will be effortless always when it comes making TA through the chart. ..

maxreish

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Quote from: Trendguy2 on June 14, 2021, 06:09:08 PM

Going higher ? ... When ? .... for sure not until my chart shows solid signs of turning action ... and probably will trigger a Buy Signal ... till then IT'S SHORT !

Thats a good decision , your signal gives you a good profits from what I can see from your previous entries as you said. Anyhow, if you bought btc from May2020, isnt you gained much profit from previous months before this recent drop? Is your signal doesnt notify you last time to sell that off when it reach $60k (the new ATH) , and you must be doing some short from that til now May 2021?

bolawin

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buy bitcoin, hodl bitcoin

TA is fun, but also can be stressful Grin

BitMaxz

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Quote from: Trendguy2 on June 14, 2021, 06:09:08 PM

Margin is not usually recommended ... but understand your point .. thank you.

Going higher ? ... When ? .... for sure not until my chart shows solid signs of turning action ... and probably will trigger a Buy Signal ... till then IT'S SHORT !

Actually, it shows the solid price increase today from $31k to $40k but there is no sign that it might rise more I'm not an expert trader but possible the price can be increased more since the price movement this year is slightly different from the old chart around 2017-2018 every end of block halving.

Short is the good option for now but no one knows if it might be increased and touch again back to $50k the Bitcoin price movement these days is totally not the same as what happened in the past every block halving. My guess this is the chart your following before you play on the uptrends. We don't know what will be the dip price of bitcoin every bull run the dip price of bitcoin is different from the old bull market so $30k might be the cheapest price.

Trendguy2

newbie

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Margin is not usually recommended ... but understand your point .. thank you.

Going higher ? ... When ? .... for sure not until my chart shows solid signs of turning action ... and probably will trigger a Buy Signal ... till then IT'S SHORT !

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

First, you don't need to bold all of those characters. Wink

I admire successful traders that uses indicators and signals that they've found on their own. As a holder, I know that it's going to be bigger than what we're seeing and it's like that I'm just accumulating my profits that shall happen in the near future.

And by that time, it is when bitcoin has a bigger value, maybe 2x from the last ATH.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Obviously, don't want to be on the wrong side.

Basing on what you just said, I think I am right to assume that you were trading perpetual contracts. Which leverage did you use? 3x, 5x, 10x, 15x?
Trading perpetual contracts or margin trading is only suitable for short term trades according to my experience.

Bitcoin swings a lot and therefore even someone using low leverage like 5x isn't safe from getting liquidated.

Trendguy2

newbie

Activity: 6

Merit: 0

Bitcoin is great to trade because it is a SMOOTH TRADER.
My Long Term Model gave Buy Signal last May 2020 .... went Long all the way UP to this May 2021 - - - HUGE MOVE UP ! ! ! $ $ $ $
Now, May 2021 it gave a Clear + Easy SELL SIGNAL ....to make money on the downside ... so far another HUGE MOVE DOWN $ $ $
The key to successful Bitcoin Trading is to design it to be smooth enough to stay in, but fast enough to catch the turns - you don't want to be caught on the WRONG SIDE ....... be careful ! ! !
Here's to successful and profitable Bitcoin Trading ! ! !

Topic: - - BITCOIN - Smooth Trader :-)) - - (Read 287 times)