Hello All,
In this thread I'm going to detail how I trade Cryptocurrency.
I've been trading Crypto for the past 6 months with pretty decent results.
The strategy I use is based on a culmination of different techniques and knowledge I picked up in my time trading the Forex market, which is what I traded before moving to Crypto at the beginning of the year.
There are two parts to the strategy.....
The first part is what I use when the a large rise/bull run is taking place - (you can learn how to use this on my site - see below)
And the second part is what I use when the market is slow or ranging/consolidating.
My strategy is simple to trade but requires some explaining, so I'll be posting pics and doing analysis of different trades to help you understand why I took a trade and what you can do to begin doing the same.
Lets get to it.
P.S I've also started a website that has free information on Cryptocurrency trading.
https://www.cryptotradingschoolonline.com/It's a new site, so there's only a few articles and things on there at the moment, but I'll be adding more articles to it in the near future, including ones that go into more detail on the techniques you'll see me use in this thread, so keep an eye open for them.
Also, if you have any questions you can ask me on the thread or email me at
[email protected]You doing great man. You really know how to trade but don't exaggerate yourself too much. You said you have been a trader for six months, so I don't believe you are a professional already in that span. Maybe you have learned a lot but it does not mean you are a professional already.
Thanks Ranly.
I said I only traded Crypto for the past 6 months. I traded the Forex market for 5 years before that and also dabbled in stocks from time to time, that's why I said I'm a professional, since I've been doing this for quite a while - not sure if you missed that.
OMG! I thought I would never ever find some good read here. I see a lot shitposts, questions that has been repeatedly asked, as well as repeated answers in the thread. Thank you for sharing your knowledge. I am still at a grasping stage of learning and doing crypto trades, this will help me a lot especially for the newbies out there.
I am expecting some more. lol. Unfortunately, I want to give some token of appreciatin but currently I don't have one.
Haha, don't worry about it Insanerman.
Lots more information, tips and articles will be on this thread and the site in the coming weeks.
Is there anything specific you're having trouble with or don't know how to do?
Strategy is very helpful to avoid losing money and newbie is really needed this. But not all the strategy that gives of others are really useful it depends on the situatuion when you will use it always be careful of getting startegy and better if you review first before you apply.
Ofcourse he is giving a
Guide on how one can trade in this kind of market situatiomn without waiting for a full bullish mode which could take months. These are just giuidelines not financial advice.
That said, i would love to appreciate OP's initiative and the time he took to create this thread. I surely feel much better now with the extra knowledge i have gt from your explainations... Cheers
Thanks Bitcoinnation.
I'll try to detail more of the buy area, sell area strategy over the coming weeks.
It's not the easiest strategy to understand, but I think I can probably explain it enough so that you can begin using it yourself.
Hello All,
In this thread I'm going to detail how I trade Cryptocurrency.
I've been trading Crypto for the past 6 months with pretty decent results.
The strategy I use is based on a culmination of different techniques and knowledge I picked up in my time trading the Forex market, which is what I traded before moving to Crypto at the beginning of the year.
There are two parts to the strategy.....
The first part is what I use when the a large rise/bull run is taking place - (you can learn how to use this on my site - see below)
And the second part is what I use when the market is slow or ranging/consolidating.
My strategy is simple to trade but requires some explaining, so I'll be posting pics and doing analysis of different trades to help you understand why I took a trade and what you can do to begin doing the same.
Lets get to it.
P.S I've also started a website that has free information on Cryptocurrency trading.
https://www.cryptotradingschoolonline.com/It's a new site, so there's only a few articles and things on there at the moment, but I'll be adding more articles to it in the near future, including ones that go into more detail on the techniques you'll see me use in this thread, so keep an eye open for them.
Also, if you have any questions you can ask me on the thread or email me at
[email protected]You have a good concern to your co- traders in this business industry, and its really appreciated for us that you shared this things dude.
But there are other things in the platform which are uncontrollable even we know how to read in the chart, which means most of the time the indicators is just a crazy things that are not accurate to read it. Therefore, not all all in the chart are necessary to depend on it but it should be depend on the actual case while in the platform.
That's true thunderblitz, there are lots of unpredictable things out of our control that can cause us to lose money. But the chart is the only factual source of information we have, so is the best tool we have for making money.
Quick BTC Update.....Bitcoin has just fallen into a new buy area created by the rise that started an hour ago.
There's a high chance we could see the price move up to the green area from this new buy area.
I'm long from 6340 so will be looking to buy more at this area.
Keep an eye out for candlesticks with large one sided wicks and bullish candles with big bodies on the 5 minute timeframe, as they both signal an imminent reversal.
I'll update you again in a couple of hours.