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Topic: Ryan Pumper: Pumpers Picks (Updated Daily) - page 118. (Read 221164 times)

full member
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★YoBit.Net★ 350+ Coins Exchange & Dice
November 26, 2014, 06:11:38 AM
I have a feelings that you are running a good service but i would suggest that if you have 4 picks you give 1 to your follower on this thread and when they see the success they might as well sign up for the service.
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 25, 2014, 09:43:29 AM
PUMPERS PICKS: Private Membsership
Week Beginning: 11/24
Week Ending: 11/30

Do you keep buying into coins, only to see the value fall drastically within mere minutes? Are accumulated losses making you feel that you have wasted your time with Crypto? Are you tired of losing out to bots, and showing up late to whale-games only to be dumped on, shattering your capital in the process?

If you have been sailing these waters alone and having your boat tipped over every time a Whale surfaces, then now may be the time to adjust your approach.

Registration for Pumpers Picks closes tonight at 6pm EST
Members netted a 4,760% gain in September, 5,582% in October and are currently up 3,802% this month.

We are currently moving on this weeks picks!

Just send me a Private Message here or a Direct Message on Twitter to sign up.

Happy Trading!
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 25, 2014, 09:25:21 AM
PUMPERS PICKS: Tip of the Week - Stop Thinking so Small

I have realised that most people in Crypto aren’t able to make big money trades, simply because they don’t fully understand how the market works.

There are several flash in the pan coins that can be traded for 100% gains repeatedly. But, coins like that are dominated by skilled Traders who have a total grasp on what they are doing. I have said it before and will repeat: Skilled traders are only skilled because they make the majority of their money from the mistakes of unskilled traders – thus, most of you who are new to trading Crypto tend to lose out – unless you have a solid edge.

People come into Crypto with aspirations to trade 1 BTC up to 10 BTC, which is totally possible and is something that is relatively simple to do.

The only problem is, the majority of Novice traders are too short sighted. They covet markets that jump 200% in 24hrs, but shun Coins that only move 30, 40%.

I have said it time and time again. Trading isn’t the quick-paced, over the top spectacle that you see in Hollywood films. This over dramatization of the process of buying and selling is how most novice traders approach Crypto – and ultimately why they consistently fail.

You will never trade 1 BTC to 10 BTC if you only trade coins that jump 100% within 24 hrs.

In fact, if this is your strategy, then you will find yourself losing more money than you make just because of how fast these flash in the pan coins tend to move.

If you want to make a shit tonne of money trading Altcoins, then let me explain to you the benefits of taking Long-Term trades. Let me explain why it is crucial to always be aware of the bigger picture when trading altcoins.  

How can you turn 1 BTC into 10 BTC within a month? Is it even possible? Of course it’s possible!

This is the secret: Price cycles, Price Patterns and Trends.

These are three things that every serious trader should be in tune with when playing the Crypto Markets.

Regular readers are now fully in tune with monitoring Support / Resistance levels, by looking at the order book – instead of cluttering their charts with 400 useless indicators that can only track the past instead of the future. That’s what the order book is for, tracking the future. Don’t be mistaken though, the past is just as important in revealing the most crucial pieces of information such as:

LONG TERM VIABILITY
What you want to see when looking at a chart is three main things. First you want to see that your coin has had multiple high percentage price hikes in the past. This is a good sign of long term viability. If you can see multiple spikes and dips, this means that there are traders who are constantly willing to buy this Coin every time the value declines  which is a great indicator when you’re looking to gauge market sentiment towards a Coin. As an example, were going to be looking at UROCoin





Second, you want to see that your Coin has been able to maintain a consistent level of Trading Volume throughout its entire lifespan. This is a sign of strength because, typically, people do not repeatedly throw money at something that isn’t lining their pockets with cash.





If you can see that your Coin has managed to maintain a healthy level of Trading Volume, as illustrated above, over its entire lifespan, then you can rank that Coin high on the profitability scale.

Lastly, and this is probably the most important. The Charts can be used to reveal whether or not your Coin has settled into a rhythm.

A coin that has settled into a rhythm will constantly exhibit the same behaviour over and over again.
For example, if a coin has climbed 100%, dropped by -70%, then climbed 100% and dropped -70% on numerous occasions – this is a behaviour makes your coin very predictable and easy to exploit for profit.





RHYTHM EXPLOITATION
Now as I mentioned above, the best way to predict where a coin is going to go price wise – is to look at the behaviour that it has exhibited in the past.

Is your Coin following a rhythm?

Has it settled into a predictable pattern that can easily be exploited for continuous profit?

Looking at the example above, URO has fallen into the 30 – 45K range twice before exploding and shooting upwards producing staggering returns.

This is an element that is very crucial when planning your trades.

Too often people are swayed by short-term price movement, because they just don’t see the bigger picture. They just don’t understand that if you are approaching this market with a short-term mind frame, then you will only ever make pocket change.

The big money is made when you start to take a long term view. When you begin to look at the wider picture, short-term price movement begins to mean absolutely nothing – because it is only a very small piece of a complex puzzle.


THE EXIT IS AS IMPORTANT AS THE ENTRY
So you’re thinking about diving into a coin. You have assessed the order book and resistance looks low enough to facilitate a nice and profitable bull run. You have looked at the charts to gauge Price behaviour and to note the Psychologically Important Price Points. That is all great and essential to making sure that you have a high probability trade in front of you. You have now got your entry all figured out.

But, what about your exit?

Before entering in to any trade, you must already have your exit mapped out. If you look at the example above, you can see that when URO surged from 31K Satoshi to 3Million Satoshi – that move unfolded over a 2 week and 3 day period. The second move from 47K Satoshi to 689K Satoshi unravelled over a 2 week and 5 day span. Again, this behaviour is very predictable.

This is crucial information.

Those that aren’t aware of things like this are more vulnerable and susceptible to making their buying / selling decisions based on mere +10%, -10% moves. These traders are not aware of the bigger picture.

Tip: The market is just a bunch of human beings working in unison, thus, price movement is just as predictable as human behavior. We all have habits and behavioral traits that we exhibit over and over again. So does the Crypto markets. This is what you have to be focused on. If something has happened twice before, then it will happen again. If you use this key piece of information and apply it to your own trading - you will start to really hit those high profitability trades. Short-term plays are fine and dandy - if you are 100% confident that you know what you're doing. If not, then you want to expand your horizons and begin to take advantage of the long term opportunities that exist in this market. Personally, my largest profits have come from rallies that unfolded over several days. This is a very simple way to approach the market - especially if you're looking for big wins, with low risk.

SIDENOTE:  Look at each market (coin) as a venue - a venue that has a max capacity. In our case the venues capacity, instead of human beings, can only be filled with BTC (trading volume). So, If a coin has already attracted a tremendous amount of volume, volume that is magnitudes  above what the logical part of your brain would deem average levels – then that particular market is filled (or close to being filled) to its maximum capacity. Thus the only thing left to happen is for the BTC to come back out of that market – causing the value to plummet.

Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.

Twtter: @Pumper_Ryan follow for daily picks, and updates.
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 24, 2014, 05:28:39 PM
Ryan,

Thanks for the opportunity to work with you this past week. I am a very emotional type, so you were able to help me through a block in my trading. I know I have a long way to go but I feel like I have a better strategy in front me now.

A lot of what you pass on can last for more than a week or two. So, I am going to apply your recommendations and will be back in a few weeks.

Cheers

Thanks,

the more hands on you become with the markets the easier it becomes to pull profit.

Remember, everything you need to know about where a coin is about to go - price wise - is spelled out clearly in both the charts and order book.

So many novices get destroyed by fighting the trend, insisting that the market is due to reverse itself. They may try to catch short-term moves in hopes of making a few quick wins, or they are always looking to catch tops and bottoms in hopes of capturing the big moves. All of these guys end up trading against the prevailing trend and, more often than not, end up getting wiped out.

To contrast that, you already have an advantage over 90% of the participants in this market - in that you have an actual profit pulling strategy, so all you need to do is keep a cool head and follow the natural price cycle of each coin.

No over complicated B.S. just remain selective, and your win:loss ratio will continue to be far more superior than that of the average alt trader

Appreciate the guidance over the past two weeks Ryan. I'm starting to feel confident which was my original goal. The advice has been most valuable to me, the wins are just icing on the cake.

Feeling like I can tackle the market on my own now which is such a contrast to when I first joined.

Looking forward to another week with the squad.

Nice!

many more plays to come - and much more profit to be had.

Good to have you back on board this week.

Hi peoples!! ryan not sure if you have seen my messages? I have sent a few now
I was with you guys the week before last.. Hoping to have another go round with the boys
as I understand registration closes tomorrow?? Would want to get in before then please
Looking forward to hearing back from you
thanks a lot bro Smiley


Hey there

Got your messages and have just sent you one back

Cheers
member
Activity: 119
Merit: 100
November 24, 2014, 04:34:59 PM
Hi peoples!! ryan not sure if you have seen my messages? I have sent a few now
I was with you guys the week before last.. Hoping to have another go round with the boys
as I understand registration closes tomorrow?? Would want to get in before then please
Looking forward to hearing back from you
thanks a lot bro Smiley
full member
Activity: 173
Merit: 100
November 24, 2014, 09:51:13 AM
Appreciate the guidance over the past two weeks Ryan. I'm starting to feel confident which was my original goal. The advice has been most valuable to me, the wins are just icing on the cake.

Feeling like I can tackle the market on my own now which is such a contrast to when I first joined.

Looking forward to another week with the squad.
newbie
Activity: 66
Merit: 0
November 23, 2014, 11:48:46 PM
Ryan,

Thanks for the opportunity to work with you this past week. I am a very emotional type, so you were able to help me through a block in my trading. I know I have a long way to go but I feel like I have a better strategy in front me now.

A lot of what you pass on can last for more than a week or two. So, I am going to apply your recommendations and will be back in a few weeks.

Cheers
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 23, 2014, 04:18:43 PM
This is all skilled trading boils down to. Playing on the emotions of the markets, which are driven by just two; fear and greed. That’s it. Create enough fear, and people will sell – at any price. Create enough greed and people will buy at any price.

Don’t be fooled into thinking that this is only happening with LTCD. It happens across the entire Crypto market – BTC included. The cycle of accumulation and distribution is repeated endlessly  everyday across every coin in this market.

The implication for the trader is, to win, you must be able to differentiate between accumulation and distribution – only then will it be 100% clear that those who do the opposite of “the herd” always win.

spot on I was just having this exact conversation because there is a lot of whipsaw action in a number of coins now
fyi i have sent you a pm about jumping in again this week, hoping for a repeat of last week profit
looking forward to hearing back (hoping to get in before tomorrow)

Indeed. It is a buyers market right now.

I tend not to use the word "value" when discussing the price of Altcoins, because I feel that 98% of coins in this market have no true intrinsic "value" at all.

What I will say though is that there are several coins right now that are volume magnets - which are trading very close to their all time lows. So the opportunity is vast for those that have their heads screwed on.

Just responded your Pm by the way.

Hey ryan, pm sent please respond want to get in this week Smiley

Hey there

check your messages

thanks
member
Activity: 84
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November 23, 2014, 03:20:28 PM
Hey ryan, pm sent please respond want to get in this week Smiley
newbie
Activity: 59
Merit: 0
November 23, 2014, 02:34:58 PM
This is all skilled trading boils down to. Playing on the emotions of the markets, which are driven by just two; fear and greed. That’s it. Create enough fear, and people will sell – at any price. Create enough greed and people will buy at any price.

Don’t be fooled into thinking that this is only happening with LTCD. It happens across the entire Crypto market – BTC included. The cycle of accumulation and distribution is repeated endlessly  everyday across every coin in this market.

The implication for the trader is, to win, you must be able to differentiate between accumulation and distribution – only then will it be 100% clear that those who do the opposite of “the herd” always win.

spot on I was just having this exact conversation because there is a lot of whipsaw action in a number of coins now
fyi i have sent you a pm about jumping in again this week, hoping for a repeat of last week profit
looking forward to hearing back (hoping to get in before tomorrow)
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 23, 2014, 12:46:14 PM
21 Nov - 22 Nov
Total return: 167%
Coins: LTCD

Becoming more effective in the Crypto markets means having the ability to correctly distinguish between high and low probability situations. The best way to do this is to always be aware of what the market is doing in its different timeframes. By using a combination of timeframes, you can isolate those trades that have more potential to deliver high percentage returns. Also, having a reason for making every trade and planning your trades thoroughly will assist you in identifying which trades may not be worth the risk that they represent.

LTCD


LTCD has been an excessively rewarding market this week. It has provided an abundance of openings for traders to dive in and out with x2 profit each time.

However, I must make reference to the bigger picture here.

Sure, LTCD has provided enough leeway for those who enjoy fast paced, short-term, momentum based trading but – as I have explained in a previous post, this up and down price action that we are seeing is only one small piece to a much larger and complex puzzle.

Every time LTCD dips into lower price levels there is always a pool of liquidity, in the form of buy orders, to absorb the impact of the plunge. With every descent into lower price levels, there is more BTC being brought into the market than there is being pulled out.

In addition to this, sell resistance has remained low within the 100 Satoshi  to 300 Satoshi range – which indicates that it is only a matter of time before the floodgates give way and the price really begins to surge upwards back into the 1000 Satoshi region.

Remember my previous post in which I described the process of accumulation? Well, with each plunge, skilled traders are strengthening their position and stocking up their warehouses in preparation for a much larger move.

But don’t be fooled.

Accumulation doesn’t last forever.

Once the jittery novice traders have been shaken out of the market and there is no one left to fill those strategically placed lowball buy orders – you will see a hoard of traders pulling their low bids and entering the market via the sell side, pushing the price higher which will mark the end of accumulation and the commencing of the Distribution phase.

Distribution is the exact opposite of Accumulation.  

During the accumulation phase, skilled traders are “filling their warehouses.” Once everyone has taken their share of cheap coin directly from the hands of jittery novices who have been shaken out of the market – this same fear is played upon to push the price higher.

Whilst the key emotional driver in “shaking the trees” during the accumulation phase was fear, the fear of a loss – the key driver that is used once distribution begins is also fear, but this time fear of missing out on a good trade, also known as “market euphoria.”

So what is the typical pattern for the distribution phase?

First, the Coin breaks out from the end of accumulation, moving higher steadily, with average volume. There is no rush as hoards of Skilled traders bought in at wholesale prices and will look to maximise profits by building momentum slowly as the bulk of the “promotion” will be done at the top of the trend, and at the highest price possible.

The move away from the accumulation phase is now accompanied by ‘good news’ stories and updates, changing sentiment from the ‘bad news’ stories which accompanied the falling market.

As the price begins to stagger upwards, this staggered price action turns into a smooth ascent as people begin to spot the opportunity and buy in – forcing the price even higher.

Then, those who sat on the fence begin to realise what is happening, so they panic buy – and also shove prices even higher.

As the bullish momentum gathers pace until the target price is reached, it is at this point that the literal ‘distribution’ begins, with the skilled traders starting to clear their warehouses as eager traders jump in, fearful of missing out. The good news stream and promotion is now constant and all encompassing as the price continues to climb.

Novice traders are usually the last to catch onto what is going on – they finally get to grips with things once the market is inching very close to the top of its bull run. These guys have seen the market move higher slowly, then gather momentum, before rising fast, and it is at this point that they buy, fearful of missing out on the chance of “quick profit” – all whilst the skilled traders bought weeks before during the accumulation phase when the price was sitting at a measly 100 Satoshi.

I hope now you realise just how it is that the "big money" is made in Crypto? Furthermore, I hope you realise that "big money" is being made in this fashion every week, by the minority - the skilled traders. And I have said it before. In this market, equity flows from the hands of the many into the few. This will always be the case.

This is all skilled trading boils down to. Playing on the emotions of the markets, which are driven by just two; fear and greed. That’s it. Create enough fear, and people will sell – at any price. Create enough greed and people will buy at any price.

Don’t be fooled into thinking that this is only happening with LTCD. It happens across the entire Crypto market – BTC included. The cycle of accumulation and distribution is repeated endlessly  everyday across every coin in this market.

The implication for the trader is, to win, you must be able to differentiate between accumulation and distribution – only then will it be 100% clear that those who do the opposite of “the herd” always win.
 

Tip: When a certain coin is being over-promoted – take advantage if you will... but, don’t forget to pay attention to action that may be occurring elsewhere. This is the best time to spot accumulation and to take advantage before the rest of the market catches on... Look where others don’t and always remember that when prices are rising – the most skilled traders are selling (not dumping – selling) those sell orders that everyone  runs through during a rally were placed by traders who were two steps ahead of the game. These tradeRs accumulate while everyone else’s focus is on the latest “big thing”... Monitor all the markets, and you will begin to spot opportunities before the average trader.

SIDENOTE: Most people in Crypto tend to view trades as a two-step process: a decision when (or where) to enter - and a decision when (or where) to exit. It may be better to view trading as a ‘dynamic’ process between entry and exit points – rather than a static one. Personally, I tend to take some money off the table when the market  is in my favour .  The basic idea is that the position size of a trade would be reduced on a profitable move upwards and then rebuilt on a subsequent correction – putting me in a stronger position over and over again. Any time I have pulled some money from the table, and the market retraced back to my original entry point  - I generate a profit that otherwise would not have been achieved.

Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.

Twtter: @Pumper_Ryan follow for daily picks, and updates.
member
Activity: 64
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November 22, 2014, 05:30:20 PM
In for another week...Fourth time with the group. Lets do it Cool
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 22, 2014, 02:01:44 PM
PUMPERS PICKS: Private Membsership
Week Beginning: 11/24
Week Ending: 11/30

Do you keep buying into coins, only to see the value fall drastically within mere minutes? Are accumulated losses making you feel that you have wasted your time with Crypto? Are you tired of losing out to bots, and showing up late to whale-games only to be dumped on, shattering your capital in the process?

If you have been sailing these waters alone and having your boat tipped over every time a Whale surfaces, then now may be the time to adjust your approach.

Registration for Pumpers Picks is now OPEN

Registration closes Tuesday 11/25 at 6pm EDT. Our members netted a 4,760% gain in September, 5,582% in October and are currently up 3,802% this month.

We are already moving on next weeks coins!


Just send me a Private Message here or a Direct Message on Twitter to sign up.

Happy Trading!


Feedback

Hey Ryan,
Fellow trader here. I use similar strategies as you, it is all a common sense game. One of the biggest tips to newbie investors is to not over-hold! If you can make a quick 20%, do not be afraid to sell, because if you try to hold until that 40% the chances are you will lose.

Also, check into Intellicoin Wink Seems to have real potential

Dr. Coin

RyanPumper. You have a new follower here. Incredible tradings, keep doing that way Wink

As someone new to all this, I'm finding your info helpful.

Really good info in this thread, I'll keep checking back

PM sent. Great advice so far!

Really good info in this thread, I will join  Grin
any tips for tonight into tomorrow morning?

Nice calls. Right on the money!  Cool

I learned a lot reading this thread. Today is a new day so I am rethinking my loosing strategy's  Cool

Really nice work here Ryan, rethinking my entire approach to trading, thanks Smiley
Perhaps you could talk us through a chart to spot obvious patterns?

Great trades as always. Keep showing us your trades, master.

KORE is flying

XSt is a great call ryan. If you swing trade though you wont see the full potential but you'll still make money. XST is a true ANON winner. Peer reviews done on the code and the dev is highly respected by some of the greatest minds on the forum.

XST=Win

I agree with your simple volume strategies, Ryan.

Watching Smiley

Xst is holding like a champ ryan... good call on that one.

Just turned 0.8 btc into 4 btc this week Grin Grin so i'm building my trading pot. This is my third week on the team

I like the trade info. It good sound advice.

I went with KORE.
Noticed some talk about it on Twitter, also seems they are releasing their wallet with Anon VOIP on the 15th of sept.
Bought myself some shares earlier .. just watching it go up slowly now.

Signed up for my 2nd week...the knowledge I have learnt from Ryan has helped my trading massively

Long time reader here. I enjoy your perspective especially your views on charts and technical analysis

Finished the week 1.9btc up, started with .7btc so nice run overall

Just signed for this week so hoping for a repeat performance Grin

Would just like to say thank you Ryan, all of the tips you've given so far have helped me realise potential trades.
I've noticed patterns and trend changes quite quicker than I used to and have a rough idea of where the market is going.

That being said I have made no money this week, I set my buy orders too low on a few coins the day/night before they rally'd up. Knowing I could've made money this week is a much better feeling than losing.
Most of the activity happens between 8 & 10am my time and I'm usually in bed till gone 12, need to change that if I want to get in at the start of a rally.

I'd definitely recommend others to take a step back and see what happens.

Thanks. Smiley

- BenedictLol

Hey Ryan thanks for the heads up on SDC that was my first big profit. I like the whole get in early on the way up then exit, then get back in when the price crashes to make additional money from the rebound.

after parlaying 0.3 btc into 1.7 btc with only two trades of the same coin I feel like theres so much more i can do. Hopefully every trade will be this easy lool

looking forward to the rest of the week


Thanks for that inside track on CND. Closed out a 143 percent profit today  Grin

yep the IRC is plush! I made .7 btc from one SLR trade on Sunday which isn't much when compared to everyone else, but looking to put my best foot forward this week to make even more.

in his "picks of the week" he PMed on the 6th of Sept he said to get into KORE, anything under 20k would be great.
Later that day it was sitting at 16k, slowly went up to 20K.
If you got in early and held on to it till KORE was getting near their anon VoIP wallet you'd have been able to sell early and exit at 30k (like I did) or play hard and get 33k+ out of it (it spiked at 35k about 3 hours ago).

Yep 0.5BTC is a big price if you're a small time trader like me, but for those who wanna play big, cheap ticket to more profit.


Nice long chat on Skype yesterday. Thanks for that Ryan the advice is always appreciated Smiley
Will be sticking around for a few more weeks after hitting my 1BTC target last night
it's been a long journey. Thank you


Finally hit the motherlode Cheesy

MEGA KUDOS to you Ryan

If you are already disciplined in your approach to trading then I would recommend Ryan (to make money with).
If you are a complete newbie who wants to learn about this sort of trading and eliminate common mistakes, with the possiblility of making the .5btc back I would also recommend him.


great picks!!

very impressive so far Ryan. Started the week with .6 btc and traded up to 3.7 btc. I was pushing for a full 4 btc which is a nice round number LOL Cheesy but can't complain. Really impressed because i came in with average expectations which you surpassed by miles. Thanks for your help today as well, it was very much appreciated.

Love your insight Ryan very helpful. Any hints on coins we should looking at?

I made 254% on cnd. I' m very happy with that. Smiley

The tips and advice have been invaluable especially for someone like me who has been winning but then losing.

The advice alone has put me on a steadier course and i am making more gains then losses for the first time so that is super cool.

I would like to take things a step further by trading alongside you and your team. Would love to get into the group before tomorrow. Please

Hi.

First of all, thanks for the info you are sharing. Please keep posting the older info, I like this thread, I use it to learn, not to trade YET.

Second: for the giveaway, the only requirement is retweet? More retweets increase the chance? Or..?

Thanks.

I made 60% on FTC this week due to your tips. Thanks RYAN PUMPER.


With Ryan it's almost like a daily lecture on how to spot coins that are going to rise before everyone else does which really starts to rub off on you after a while. We got into VIACOIN before everyone else so when the rally started the uninformed were actually panic buying our sell orders that we placed several hours before for a 50% profit. I guess this is where the value is i suppose

I like your insight and been following for some months now.

.35 btc to start the day Grin. I could send you a tip if you want? Very pleased with this after being in a losing streak for so long. Feels great to back to even after just one trade it's such a relief


Read through your thread..wish i came across it sooner. Very solid.  Wink
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 22, 2014, 02:00:45 PM
PUMPERS PICKS: Weekly Round-up
Week Beginning: 11/17
Week Ending: 11/23





The following are the gains netted from this weeks Private Picks. The largest returns came from START, BOOM, SSD, NEOS and BALLS

Members netted gains totaling 947% this week. Next weeks coins are already primed for accumulation!

Happy trading!




COIN OF THE WEEK

FuelCoin

Nice surge from 6815 Sats to 34999 Sat this week - a 413% increase. Clearly, FC2 is where most of the markets trading volume was most concentrated. FC2 provided numerous opportunity for traders to dip in and out scalping sizable portions of profit each time. Hands down, FC2 was the people's choice this week.


Twtter: @Pumper_Ryan follow for daily picks, and updates.
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 22, 2014, 02:00:03 PM
20 Nov - 21 Nov
Total return: 326%
Coins: FC2

Skilled traders can be compared with professional poker players. Both have a lot in common and are consistent winners. A successful poker player knows that he doesn’t have to be in every hand. He is disciplined enough to fold hand after hand until the right one comes along. He may get bored out of his mind, but he’s the one who has the mountain of chips in front of him. Unskilled players bet every hand all the way through, just as an unskilled trader is always in the market even when all the trades are non-optimal. Professional poker players know the probabilities and odds, inside and out. They don’t take unnecessary risks or gambles. They know when the odds are in their favour and will put more money on the table when the odds get better. If the odds aren’t in their favour, they won’t risk nearly as much, if anything at all. They know how to protect their winnings, and they know how to call it a day. Having this discipline allows them to come back to the table again and again – whilst the unskilled players are consistently getting wiped out.

FC2


FC2 set a brand new all time high virtually every day this week up until yesterday. Each day upward resistance pulled back – allowing prices to be pushed even further.

The cycle was an interesting one to watch.

Each day FC2 hit a new high, a mass of buy support built up.

As you would expect, every time support built up, those who were already in profit began to cash out and leave the market – causing the price to pull back a little.

Interestingly though,  there was a gargantuan amount of BTC on the buy side – more than sellers could actually dump through.

So what began to unfold was sellers were dumping out at what they had assumed to be the top of the market – thus, bringing upward resistance all the way down.

However, because there were so much orders on the buyside a lot of the lower bids weren’t getting hit – all the while, resistance was dropping lower and lower. This caused those traders who had placed those lower bids to remove them due to impatience – and panic buy @ the new market price, pushing prices even higher.

This cycle repeated day after day.

As I’ve mentioned in other posts, when the price of a coin dips, new sell orders have to be placed from that price range (to close the spread) – all the way to the pre-dump price.

But because most of the sell orders were being pulled and dumped – due to the excessively high buy support – there was a very minimal amount of buy orders at the pre dump price allowing for some manipulation of where the price went next.

So ultimately, the traders who were dumped on were literally given their pick of where to place their sell orders for maximum profit - which lead to huge gaps between price ranges.

As panic buying erupted, all of these orders were bought through causing the huge price leap.

If you go and have a look at the sell orders on FC2 now, you will see that upward resistance is now very high. You will see that the market is now clogged with sell orders that were placed by traders who just didn’t want to look at the bigger picture. These are the guys who don’t pre plan their trades, or understand why / how a market is moving. Thus, they consistently get into / out of markets at the wrong time. Don’t be like them.


Tip: A big part of spotting high probability trading opportunities  is looking for trades that have a good mix of risk and reward. To do this you need to determine how much can be lost on a trade, understand the worst-case scenario, and have some sort of profit target in advance.  Simply the higher the reward V reward ratio is – the better the trade. When looking to scalp a quick profit I tend to look for a minimum of a 2:1 or 3:1 potential payoff, the higher the better. On long-term traders, I look for at least a 5:! Reward / risk ratio. Timing your trades will help you cut down on the risk portion of the equation.

SIDENOTE: Most people in Crypto tend to view trades as a two-step process: a decision when (or where) to enter - and a decision when (or where) to exit. It may be better to view trading as a ‘dynamic’ process between entry and exit points – rather than a static one. Personally, I tend to take some money off the table when the market  is in my favour .  The basic idea is that the position size of a trade would be reduced on a profitable move upwards and then rebuilt on a subsequent correction – putting me in a stronger position over and over again. Any time I have pulled some money from the table, and the market retraced back to my original entry point  - I generate a profit that otherwise would not have been achieved.

Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.

Twtter: @Pumper_Ryan follow for daily picks, and updates.
full member
Activity: 212
Merit: 100
November 21, 2014, 09:33:15 AM
I've been watching Bit Bay for about two days or so- not really riding too much on it since I am by no means a pro trader, but one thing I am noticing is a consistent amount of buying these past few days, all within the 250-290 range. There have been a few small mini-dumps, but massive corrections(I had a correction buy at 240, but it just missed it :"( ) but nothing too grand....yet.

I reckon it's the accumulation stage- small consistent buys, very little buy orders being filled, with the majority coming from the sell side. This coupled with a smaller sell resistance means I think a rally will eventually ensue. The market volume is quite big as it is on the front page of bittrex, so I think many people think it's already "pumped" so are avoiding this low flyer, but I think traders are just waiting for FuelCoin to run out of steam(which it has imo, along with SDC)

I think the BTC will flow into the next alt waiting on the list- BitBay.

Just my test trade trying to put the tips and insight gleaned from this thread into practice <3. I wonder if my narrative is sound?
legendary
Activity: 1218
Merit: 1000
November 21, 2014, 02:36:58 AM
i was just wondering if i could make my money back the 0.5 and make neat profit of only 0.2-3 this is really for testing purposes atm but again i wont be on my pc for the majority of the time so would miss out on tips Sad
member
Activity: 78
Merit: 10
November 20, 2014, 06:37:51 PM
Trading Crypto is not dissimilar to purchasing fine art. If you are to achieve any level of continued success, then you must buy only the best paintings, by the best artists, at the best prices. This will provide you with the easiest profits that there are to be had because there will always be wealthy traders around who look to buy only the best – thus your job is simply to get there first. Deciding when to get into and out of these high quality coins is as simple as understanding the difference between retail and wholesale pricing.

Love your insight Ryan very helpful. Any hints on coins we should looking at?
sr. member
Activity: 322
Merit: 250
PumpersPicks.com
November 20, 2014, 05:07:37 PM
Hi i would like to ask how much profit i could make off 0.5 as if i purchase a weeks contract with you its 0.5 half of the bitcoin i have to spend. btw could i ask you to trade the btc for me as usually i don't get into making the trades as i am away from my pC most of the time. If this costs more please let me know ...

0.5 is too small of a sum to trade with to generate a sufficient return during the trading week. 1 - 2 BTC+ would be a more optimal sum for you to kick things off with and really make the most out of the picks.

Also, I don't trade on the behalf of members. The service is based around providing each member with optimal picks and certain trading methods that aren't frequently used, so that they can go on and generate continuous profit from Altcoins independently.

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You will be able to sign up between Sat 22nd and Tues 25th



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