Topic: How do you pick your trades? - page 3. (Read 648 times)
So I hear a lot of people talking about TA. What makes TA (i.e. analysis of past patterns) predictive of the future? Is it just circular? People use TA to predict a rise, so they buy and it therefore rises? Then use TA to predict a fall then sell, and it falls?
Not typically just by checking the TAs. The activeness of the trading of the coins is fairly subjective to me sometimes. Seeing those columns of gazillion of coins to invest in but like 2% of them are worth the while to invest. While I don't believe too much in the top coins, it still serves as a guide for me sometimes especially when I am using Binance. In terms of TAs, I don't get too much technical yet. (no pun intended) The generality of the line is what I've been looking into so far. Its curve and movements along the chart.
I only use my own technical and sentimental analysis.
Common Support / Resistance Levels + stochastic RSI + Bollinger Bands or Fibonacci retracements.
I only trade coins & tokens with a high marketcap (top50) and solid history (no overhyped projects).
I'm not rich yet but it's a solid performance so far ;-)
Common Support / Resistance Levels + stochastic RSI + Bollinger Bands or Fibonacci retracements.
I only trade coins & tokens with a high marketcap (top50) and solid history (no overhyped projects).
I'm not rich yet but it's a solid performance so far ;-)
Nailed it
these indicators are hell a useful also with me
Every single trade should have a plan
A good entry point using Common support, assisted by 3 mention indicators
and an exit point for resistance levels
lastly placed your Risk management, your ever friend stop loss
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Back in the days, I used to follow and subscribe to a lot of accounts/free channel to get some trading pick inspiration. Those tips often contradict each other but I fully understood that TA is just a prediction tool based on history. I understand some basic things about TA, so I know which pick is more likely to happen. Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
What I haven't good at is money and risk management. I often feel tempted to go all in or use very high leverage. This behavior has been proved to be costly for me. Several times I got margin-called due to not setting a stop loss and being too confident with my position.
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Im doing bounties so I am aware of those new ICO that is coming up and those old coins with low market cap. I'm investing on ICO when they are more likely not to steal money, like when the team is pretty decent and with active linkedin accounts, with good project that really promotes blockchain usage, when they could do the things their platform could do like UBEX because they got me with their terrific marketing strat and it proves that they could do it, also on what blockchain they are using and lastly when the community could use and would support it.
For low cap coins, I do the research first then basic TA to enter, I would love to see sideways for like 4months or so to prove that they are still circulating and having the resistance before I go in.
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When I am trading, I don't follow pump signal groups on telegram. I purely use indicators and TA. I find a coin which I see is bottomed using indicators like Stoch RSI and BOLL and then will try to trade on it and get a 1-2% profit. This is what I'm doing everyday.
When I was starting in the Trading world, I used to read a lot of TA made by other people, and since I had a lot of free time, I used to make my own TA by following market movements and analysing trends in the cryptosphere. I tried paid signal, but it was a waste of time and money.
How do you pick the coins you want to analyse? Are you successful?
I used to trade with the popular coins, it made things easier and less risky. I did make some profits, but I also suffered some major losses (rookie mistakes here and there), so it's hard to say if I was succesful during my Trading days.
i'm always looking at the coinmarketcap to see if there's a new coin with a low number of supply with low price but good exchanges because new coins have up and down price which is good for short trade.
I only use my own technical and sentimental analysis.
Common Support / Resistance Levels + stochastic RSI + Bollinger Bands or Fibonacci retracements.
I only trade coins & tokens with a high marketcap (top50) and solid history (no overhyped projects).
I'm not rich yet but it's a solid performance so far ;-)
Common Support / Resistance Levels + stochastic RSI + Bollinger Bands or Fibonacci retracements.
I only trade coins & tokens with a high marketcap (top50) and solid history (no overhyped projects).
I'm not rich yet but it's a solid performance so far ;-)
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
I never believed on the signals for investing or making trading decision because I know we are not going to be benefit from the signals and then the technical analysis is also factors we need to look but the fundamental analysis is much important in the successive trades based on luck as well because we are investing st speculative thing with the hop of price will increase in the future.Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Same thing with me and all these years they have always been scamming the others and nothing else. Literally had some accusations against two to three group owner over the telegram who were claiming the paid services for the trading signals. When I went into the group then I realised within one day that the group was nothing but shit of scammers everywhere who were talking the gibberish stuff over there.
Then admin used to enter and send some singling data and would talk about some shit coins with no volume at all. Its better to avoid such groups and stay on the track with the proper research of your own.
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Initially, I used to follow the signals channels but I learned the hard way that they are not the one to go for. Now I try to do my own TA and mostly I act on the regular volatility of the coins which I have studied and believe in them.
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
I never believed on the signals for investing or making trading decision because I know we are not going to be benefit from the signals and then the technical analysis is also factors we need to look but the fundamental analysis is much important in the successive trades based on luck as well because we are investing st speculative thing with the hop of price will increase in the future. Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Depth charts are not that informative because they wont give you information regarding the future trades. All they represent is the data that is getting fed live to it. Meaning, spending upon the current trade situation and buy and sell walls that are being created, it will give you data set which can be sued to plot those depth charts. So they are just representative of current data and not helpful for the upcoming trades. If you really wish to make any upcoming predictions then I would suggest you to stay updated with the fundamental news and they can tell you the story in detail as most of the crypto currencies are dependent upon their moves.
Your second line teases me a lot. I will never spend my precious satoshi's over services like that. None of them will work for you also so better to stay away from them. Currently there is huge network of scam people who keep spreading the word about telegram signals, paid signals and much more which are not that good in giving you the predictions about crypto trades.
I will rely on the information that is my now, which I have research myself. This is important because that way I can understand the market closely and with my own understanding.
May be thats the best way to go with it, and gain some skills as well as make excellent trading.
I will rely on the information that is my now, which I have research myself. This is important because that way I can understand the market closely and with my own understanding.
May be thats the best way to go with it, and gain some skills as well as make excellent trading.
Picking in my own tracks are not easy,therefore i need a research and monitored the market caps of which coins now more profitable and more pump in the market in terms of trading,thats why i needs the opinion of some investor,and the situation of market so thats i can avoid more loosing ,and i protecting my choosing coins agains dump,by analyzing the statistic data chart of the market before making a trading decision.
Agree - it's not easy to get on yourself without good experience in the markets. I was totally new to the space this year but have been growing in confidence over the year.
So do you follow signals? Free ones or paid ones?
I always choose the coin I see ok and I decide to hold them for a long time, so I will wait for the opportunity to wait for the good price will come to us.
I guess what I was hoping to gain from this post is your thought patterning? What makes you see that a coin is "ok"? Or what a "good price" is to wait for?
I always choose the coin I see ok and I decide to hold them for a long time, so I will wait for the opportunity to wait for the good price will come to us.
Picking in my own tracks are not easy,therefore i need a research and monitored the market caps of which coins now more profitable and more pump in the market in terms of trading,thats why i needs the opinion of some investor,and the situation of market so thats i can avoid more loosing ,and i protecting my choosing coins agains dump,by analyzing the statistic data chart of the market before making a trading decision.
Agree - it's not easy to get on yourself without good experience in the markets. I was totally new to the space this year but have been growing in confidence over the year.
So do you follow signals? Free ones or paid ones?
How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Picking in my own tracks are not easy,therefore i need a research and monitored the market caps of which coins now more profitable and more pump in the market in terms of trading,thats why i needs the opinion of some investor,and the situation of market so thats i can avoid more loosing ,and i protecting my choosing coins agains dump,by analyzing the statistic data chart of the market before making a trading decision.
For me I could a big pure luck and depth charts which seek and try to see the changes of signal. Also it does not meant that I got to pick pure luck because I do not know my own signals. One should really know so that is why I pick a depth chart as well.
Here is the tip looking and seeing/analysing what you need is a big must like the chart correction that is happening every day and week. Buy means of analysing and looking is to see the changes and the flow.
Here is the tip looking and seeing/analysing what you need is a big must like the chart correction that is happening every day and week. Buy means of analysing and looking is to see the changes and the flow.
Nice - if you use depth charts have you seen these guys: https://discord.gg/BN9P2tk
I think they're useful for depth chart analysis. What do you use?
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