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Topic: Im short trader Im new here but been long time in trading - page 3. (Read 457 times)

sr. member
Activity: 882
Merit: 326
Technically it is still a possibility even though the price is already at the overbought level. As far as I know, during the cryptocurrency world, the biggest influence on the rise and fall of prices apart from technical analysis is fundamentals. Fundamentals have a strong influence on cryptocurrency price movements. Just pay attention that Bitcoin with its fundamentals is able to continue to maintain its current price and is still able to continue its increase, even though Bitcoin technical analysis predicts a lot of declines. Don't be too confident about it, altcoin movements are influenced by Bitcoin and Bitcoin's dominance, as well as fundamental factors of the altcoin itself. If you are careless in collecting data, the losses experienced will be greater, cryptocurrency is not enough for what you say.
hero member
Activity: 812
Merit: 560
Snipped

OP when you begin to make comparison of altcoins to each other and giving your recommendation on the one to invest and not may totally take you out of here to altcoins discussion, maybe under altcoins speculations because trading here should be discussed without any sentiment, moreover what is good for you and your kind of technique may not be pleasing to others, try to remain on point while what you're talking about.
hero member
Activity: 2604
Merit: 816
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It's great if you've found a specific formula that works for you. This is what traders who want to be successful in trading must do. They must be able to modify what they have learned so that it works for them. If they can do that, they don't need to rely on signals from others and can make a profit.

But if you want to get more people to join your channel, you have to be able to show why your formula works. You also need time to develop the formula to be even better. This is because market conditions are always changing so strategies or formulas that previously worked need to be modified again so they can follow market movements.

If you can make money every day, it means you are closer to your desired target. It's just a matter of time for you so you have to continue to be patient and keep trading.
Hmm modification. That sounds a nice idea. A lot of us might have missed a promising strategy only because we judge it early or it doesn't work after our first few tries but if only we try to modify it with our personal strategy or combined it with other strategies that we obtain from other traders, that would have work well.

With some of what I've said, it is still not a bad idea to join some groups only to obtain useful information and some strategies that we can use for our modifications later on. I don't think he will show his personal formula as that is like a secret recipe on why he is successful. People should only learn to experiment until they have also formulated their own recipe.
That's the advantage of modifying some of our strategies to find the one that suits us. We also cannot rely too much on existing strategies because they may no longer be valid due to changes occurring in the market. That is why we have to be able to find other strategies.

Joining a group can provide benefits for us. We can learn more about what they share. And if it is a strategy, we can learn more about it and apply it to our strategy. He won't reveal his personal formula but we can get something useful.

From there, we can modify the strategy to work well for us. By doing more experiments, we can have more strategies that work in every situation. And that will benefit us because we can apply it to our trading to see the results.
legendary
Activity: 2506
Merit: 1394
Are you simply choosing to share your successful discoveries or are you offering your formula for everyone's consideration?  If the latter, you can describe it in more detail so that forum users can evaluate your formula. Believe me, there are very competent users here. And in general, in my experience, usually those who have developed any more or less profitable strategy are unlikely to share it.
I went over binance again and i found the other coin for good short so i posted for my followers to entry it's YGG/USDT
this one is next to doge wich one have price higher then level of overbought the maximum level according my measure formule

So Mr. or Ms Short trader, You said you made a call for your followers to short YGG/USDT. Based on the time you made this post, it means the call was made somewhere on the rectangle right behind the yellow crossing lines.

What leverage did you use?

I hope your followers had their stop losses on, otherwise it's not looking good for them  Grin

https://www.talkimg.com/images/2023/11/07/tcRC5.png
For sure they have their stop losses, doing shorts trade on the current price level in the market is extremely dangerous, it's like you are catching falling knives.
I believe with the recent price action of the market, like all pairs are probably not good for the short trades, as some for sure being stop loss hunted.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Are you simply choosing to share your successful discoveries or are you offering your formula for everyone's consideration?  If the latter, you can describe it in more detail so that forum users can evaluate your formula. Believe me, there are very competent users here. And in general, in my experience, usually those who have developed any more or less profitable strategy are unlikely to share it.
I went over binance again and i found the other coin for good short so i posted for my followers to entry it's YGG/USDT
this one is next to doge wich one have price higher then level of overbought the maximum level according my measure formule

So Mr. or Ms Short trader, You said you made a call for your followers to short YGG/USDT. Based on the time you made this post, it means the call was made somewhere on the rectangle right behind the yellow crossing lines.

What leverage did you use?

I hope your followers had their stop losses on, otherwise it's not looking good for them  Grin

sr. member
Activity: 1622
Merit: 270
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I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.


Firstly, which formula you use to got it? And do you advertising your members? Or what?

Mostly traders works according to their own strategies, In trading we know that there are not even a single strategies to follow, there are too money we can expect and we have to follow sometimes in order to take out of loss. So, it is not necessary that Doge coin will fall sooner, you should say this may be only prediction, because we can only predict but we can tell the exact situation of any of the coin not only Doge.


Trading mostly gives users lesson, we only think that trading can give profit or loss, but it is wrong it is mainly or mostly gives a person that how to work in the future on different coins and how to deal with them as always.
legendary
Activity: 2716
Merit: 1855
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If it works for you then it's a good scalping practice. If you can recommend someone to do this on DOGEUSDT, would the 15min chart be a good choice?

I was thinking of also stacking DOGE since I have liked this coin aside from BTC. The crypto market is about to explode I think with just a little dip to RSI 40, it's already a good buy as long as I can increase my holdings. My only worry is if it's going to continue plunging, I'd scramble to measure the bottom once again.
Measure the riverbed once again and try diving for a cheaper price.
Will the trend favor you for that?
When you start to buy back with DOGE, you have a pretty good option, but you also have a bad option with memecoin.
But yes monetizing DOGE is quite different and it's special to have Elon Musk as a loyal fan.

When Bitcoin starts surging to reach a new ATH and altseason also arrives, then the time for Altcoins including DOGE will reach its peak.
But specifically for DOGE, he will have special rights from Elon with some interesting tweets.
So keep piling up to the bottom and you will get the benefits later, but don't forget Bitcoin is the main one.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

That formule applies to all. BTC is even at the overbought level but why has it not gone down yet?  Maybe it hasn't reached the RSI 80 level but it could drop and then quickly go up again just like the pattern in the last bull run where it also dropped quickly before the massive green candles.

Or it could continue to go up nonstop due to the instability of wars in every corner. That's one factor where people are securing their assets. Fundamental news are bullish signs especially when you read China is approving Bitcoin Spot ETF sooner than US.


What i do is i look the RSI then i will measure If the price is higher then it could be higher If i find highest level i'll entry to short position.
If i can reverse the idea i could apply this to find good long position aswell but yet i can only find good short with this formule.

If it works for you then it's a good scalping practice. If you can recommend someone to do this on DOGEUSDT, would the 15min chart be a good choice?

I was thinking of also stacking DOGE since I have liked this coin aside from BTC. The crypto market is about to explode I think with just a little dip to RSI 40, it's already a good buy as long as I can increase my holdings. My only worry is if it's going to continue plunging, I'd scramble to measure the bottom once again.
newbie
Activity: 217
Merit: 0
I also liked short trading and i try always short trading because very low risk in short trade and when thinking long trade than my opinion is who are new in trade they try always short trades is better choice.
hero member
Activity: 1470
Merit: 555
dont be greedy
Its simple.... i think everyone here need some proof over empty talk  Smiley . We all live in a world where actions speak louder than promises, and even the impressive boasting you do won't mean much unless you can prove it and tell us your purpose here... whether it's to share or to show off. If you've got an accurate prediction, why not use it repeatedly to make yourself richer? But if you believe it can benefit everyone for evaluation and learning, then share it here!!
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
It's great if you've found a specific formula that works for you. This is what traders who want to be successful in trading must do. They must be able to modify what they have learned so that it works for them. If they can do that, they don't need to rely on signals from others and can make a profit.

But if you want to get more people to join your channel, you have to be able to show why your formula works. You also need time to develop the formula to be even better. This is because market conditions are always changing so strategies or formulas that previously worked need to be modified again so they can follow market movements.

If you can make money every day, it means you are closer to your desired target. It's just a matter of time for you so you have to continue to be patient and keep trading.
Hmm modification. That sounds a nice idea. A lot of us might have missed a promising strategy only because we judge it early or it doesn't work after our first few tries but if only we try to modify it with our personal strategy or combined it with other strategies that we obtain from other traders, that would have work well.

With some of what I've said, it is still not a bad idea to join some groups only to obtain useful information and some strategies that we can use for our modifications later on. I don't think he will show his personal formula as that is like a secret recipe on why he is successful. People should only learn to experiment until they have also formulated their own recipe.
hero member
Activity: 2744
Merit: 588
I have couple of questions as I wanted to ask intention of posting t? is it to help community with your signal or to advertise about your premium channel where you shares these signals.a If you are here to share the knowledge which you have accumulated then you are most welcome and you may articulate it in a better way for everyone to understand. But if you are pitching for your premium services try offering some sort of free trail for a week I have made a post in regards to this last week wherein if a trader or owner of paid group is so confident on his research analysis and signals like you mentioned majority of your signal do work, it would be great to let people use it on trail basis before opting for package. Since you said you do shorts and right now market might not be suitable are it's going upward, what's the alternative apart from long.

I have the feeling that he is here to advertise his channel.
But if they are already doing good as he described it, then, by all means, why not exhaust their strategies for their own profits?
Because most people who say this kind of statement is discreetly marketing their services.
For users who will be attracted with this bait, better think not only twice or many times, because usually such claim is only a trap.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
It's great if you've found a specific formula that works for you. This is what traders who want to be successful in trading must do. They must be able to modify what they have learned so that it works for them. If they can do that, they don't need to rely on signals from others and can make a profit.

But if you want to get more people to join your channel, you have to be able to show why your formula works. You also need time to develop the formula to be even better. This is because market conditions are always changing so strategies or formulas that previously worked need to be modified again so they can follow market movements.

If you can make money every day, it means you are closer to your desired target. It's just a matter of time for you so you have to continue to be patient and keep trading.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.

This sounds like a sale speech, I say this because if you have found a way to do this then congratulations, as you will be able to make money out of the markets for the rest of your life, but there is not really any need to share it, as due to the nature of the markets it is a bad idea to share the full details of the strategy or someone else could figure out exactly what you are doing.

So why share it? And at least to me it is as if you want to get people to follow you and charge them for any signals you may give them.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
I don't know, but the way you share your formula as a way of inviting people, maybe your real objective here is to attract members to your so-called private group. I get it. You shared your formula, and what? It sounds like you are not helping others by sharing your formula for trafing; it looks like you are pursuing people to join you. It's not bad, but it just contradicts your intention for this post.




Anyway, I also know that trick; in fact, it is common knowledge for every experienced trader, but if you discover it by yourself, then it's good because you've gained a way to professionally earn in crypto trading. There is nothing wrong with short trading; it just doesn't go smoothly sometimes, or you are not utilising the potential for big profits. But of course, it's up to the trader how he will trade to earn; as long as it helps you earn, then it's good.
hero member
Activity: 1666
Merit: 453
I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.


I don't know if you are just talking or bragging here in the forum community about what you are doing here in the crypto industry. And you mentioned that you have the best method for this; what is it then? Can you tell here in the forum?

You also mentioned that you have a team in the matter you are talking about, so does that mean you have a group like the signals group when the members of your group should buy and sell? Besides that, it sounds like you are encouraging people in this forum to join your team. Is that right? It's like you're promoting yourself in this section by saying that you have a formula that can give profit to anyone who believes in you, if I'm not wrong in my assessment of you.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
A trader who says he has an awesome working and profitable strategy but then goes to look for members to join his VIP group for a fee gives me a clue that something is wrong. Mostly, that the strategy doesn't work at all, and he is just looking for people to collect fees from and sell them the lie.

People with excellent strategies don't even bother talking about or selling them off because they can make a tone of money out of it in silence. And about shorting coins that are overbought, it's not a secret. Just go check out the funding rates of coins that have been pumping recently and are now in the overbought level. You will see a pattern.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades...
So, that's the whole essence of your posting here and claim to having the holy grail? You think it's as simple as that to lure people to your private group/channel and then unburden whatever magic you alleged to have? Nah! I ain't sure anyone will be eager to try that experiment with you when you haven't proved anything to us as a whole. We know how this ends. We've seen too many of such to think this will be any different. For anyone to contemplate believing you, you've to give out signals. Let's document your win and loss rates first before anyone will want to take up your offer on a second thought.
hero member
Activity: 1652
Merit: 569
Catalog Websites
I have couple of questions as I wanted to ask intention of posting t? is it to help community with your signal or to advertise about your premium channel where you shares these signals.a If you are here to share the knowledge which you have accumulated then you are most welcome and you may articulate it in a better way for everyone to understand. But if you are pitching for your premium services try offering some sort of free trail for a week I have made a post in regards to this last week wherein if a trader or owner of paid group is so confident on his research analysis and signals like you mentioned majority of your signal do work, it would be great to let people use it on trail basis before opting for package. Since you said you do shorts and right now market might not be suitable are it's going upward, what's the alternative apart from long.
hero member
Activity: 1498
Merit: 711
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A short team traders always make use of their chart or been with their chart frequently, so what I really want us to know either you are using a valueless coin or not at least you have to monitor your coin so that you will be able to identify when the coin is in a low price or higher price, so as a short team trader you have to make sure you have monitor the chart of the market so that you will be able to know when you are making profits or not and mostly when the market is against you and low potential coins.
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