Topic: Ryan Pumper: Pumpers Picks (Updated Daily) - page 131. (Read 221142 times)

5 Oct - 6 Oct
Total return: 129%
Coins: ARCH, START

In Crypto, loyalty to an opinion or position can be disastrous. The absence of loyalty is flexibility – the ability to completely change your opinion when warranted. Personally, I am very open minded. I am willing to take in information that is difficult to accept emotionally. When a market moves counter to my expectations, I’m always able to say to myself “I had hoped to make a lot of money in this position, but it isn’t working, so I’m getting out.” You need to have almost zero emotional attachment to an idea. When a trade is wrong you need to simply cut it, move on, and do something else.

ARCH


When a coins debut on Bittrex is highly anticipated, I tend to pay attention.. Just to watch how the price action plays out over the first few hours. So much can be gotten from just sitting back, and letting market sentiment dictate your trading decisions.

The Market opened up at 53K and was dumped down to 9K within the space of only 10 minutes. The market then went into consolidation.

What drew my attention was the volume that was generated as a result of this negative price action... 110BTC+ to be exact. This put ARCH on the front page of Bittrex which, coupled with the fact that ARCH has been the talk of the town for some days now – could only be a bullish signal.

As expected buy support started to spring up, almost dwarfing the limited resistance on the sell side which made ARCH look like one of the safest bets on Bittrex.

I bought in on the sell side as there was (and still is) plenty of market momentum to turn my position into a profitable one.

Tip: Patience is not only essential in getting into a trade, but also critical in getting out of a trade. Unskilled Crypto traders go broke via large losses, whilst the traders who are skilled seem to have the detrimental trait of repeatedly cashing in only the smallest profits. This is also a sure fire way to go broke. These traders would rather maximise the ‘chance’ of gain rather than the gain itself. This desire to maximise the number of winning trades tends to work against traders by encouraging the premature liquidation of good trades. Essentially, the need to ensure that a trade will end up a winner leads traders to leave a lot of money on the table, thus severely reducing their total gain in order to reduce their winning percentage – a detrimental goal. You have to see the good trades through to the end if you want to pay for the losing trades and still have a good margin of profit. If you don’t stay with your winners, you are not going to be able to pay for the losers.

START


START continues to put up a solid performance. This particular trade further elucidates one of my cardinal rules for Crypto Trading.

You always want to be aware of which coins maintain high volume during the week. Once you have your list – you want to be putting in some buy orders at least 45 – 50% below the current market rate.

If you have been following my posts, then I’m sure you are now fully aware that when high volume markets dip – they ALWAYS rebound, giving you the opportunity for gargantuan profit almost instantly.

I placed this order on Friday whilst START was sailing to new highs.

Gains like this are to be had from several different markets. It all comes down to your willingness to not take the text book trade, to go against the grain and to wait for only the most optimal opportunities to gain maximum reward.

You see, as START was hitting new highs on Friday there had to have been dozens of traders monitoring their screens all day long only to end up buying in at the top and losing out. This is down to a lack of patience and the misguided need to be involved in each and every bull run. I always urge people to realise that markets do not go up forever nor will they be down forever.

Tip: Staring at price charts and orderbooks all day is like having a slot machine on your desk – you will end up feeding it all day long. I tend to use more automated forms of market analysis mixed in with some routine momentum analysis. I really am not interested in intraday market movements as they could only provide a temptation to trade more frequently which will lead to the detriment of optimal performance. The dangers of watching every tick are significant: it can lead to over-trading, and is likely to increase the chances of prematurely liquidating good positions on insignificant but discouraging market moves.

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.

Hi all,

Well I'm in for the week.    I'm quite curious as to how this all works.  Will hopefully pick up some tips.

Cheers

Dave

4 Oct - 5 Oct
Total return: 196%
Coins: CLOAK, BITS

Although trading too large is one of the most common reasons why most people in crypto fail, there are times when trading large is justified, and even desirable. The point is not that traders should be willing to take large, aggressive trades, but rather that they should be willing to take larger trades when they have a very high probability trade.

CLOAK


Something that I think is very necessary in crypto is keeping an eye on price points in order to take advantage of momentum before a move actually occurs. A few weeks ago when CLOAK dipped from 20K to 13K, a small rally ensued causing the price to nearly double. The market then fell back into regression as prices began to slump after reaching a high of 24K.

This caused me to look at 13K as a psychologically important price point and I knew that the market would be at 13K again due to the down-trend it was in.

As anticipated, we hit 13K on Friday... and a lot of other people must have been waiting for this as – almost immediately – trading volume began to spike upwards. All of a sudden people were placing buy orders allowing anxious “bag holders” to exit... this then slowly turned into people rushing in and buying though small amounts of sell orders which is always a sign of bullish sentiment.

What was most interesting to me however, was that the market didn’t take off right away as it had done previously. People were more tentative and weren’t buying through sell orders as I had expected... Instead, I noticed that a majority of the orders were being placed on the buy side. Overall, traders were anticipating lower prices.. they were willing to buy, but at a lower rate. This made it clear that 1. A rally was going to occur, 2. The price was going to fall first.

So I followed suit.

I didn’t try to impose my own opinion on the market, I did what the price action was telling me to do.

I put my own buy orders in and waited for the dip... and, with there being so many “bag-holders” in this market I knew that my orders would be dumped into in no time at all.

The confidence I had in executing this trade was due to several factors; 1. The CLOAK market has a congregation of bag-holders who have been starved the opportunity to exit for weeks... 2. The buy orders were fairly close to the current market price and there was at least 13 – 15 BTC worth of orders just sitting there waiting to be dumped on.... 3. Dumping action would substantially boost the CLOAK trading volume, bringing it closer to page 1 on Bittrex where the artificially low price of 9K would be advertised to hundreds of traders = Easy Money.

Tip: Are successful Altcoin traders successful because they are confident or are they confident because they are successful? I believe that both cause and effect directions are true. Certainly, success in trading can lead to confidence, but I also believe that confidence leads to trading success. You need to have a willingness to assess the market and follow through when you feel that you have a high conviction trade. One way to gauge whether you can be successful in Crypto is whether you are confident that you will succeed. If you don’t believe in a trade, then you won’t be willing to see it through till the end.

BITS


Momentum play here... In the absence of sell walls, you are really free to have your way with a market – provided that there is good quality volume coming in to propel your efforts.

What solidified my decision to dive into this market was the fact that I saw a stream of sell orders being filled. My decision was further reinforced due to the healthy trade history that showed that trades were being executed every few minutes – indicating that momentum was building.

I put on a conditional buy order with price alerts as I was only willing to get in if the market dipped a little lower.. as I knew that lower prices would fuel the bullish activity. I was prepared to miss out on this trade if that dip didn’t occur.

My price alerts triggered as the market began to slip, so I moved my order a little higher to ensure entry. With volume on my side, and no sell resistance.. It was just a case of sitting back, placing conditional sell orders and waiting for the market momentum to do the rest.

Tip: Don’t make trading more complicated than it needs to be. Just wait until a trade is so obvious that it’s like picking money up off the floor  - until then, do nothing. Waiting for such ideal opportunities requires the patience to allow a lot of non optimal trades to pass by without participating. I tend to not lose much on my trades because I wait for exactly the right moment. For example, although the Cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch it’s prey. It may hide in the bush for a week, waiting for just the right moment. Only then, when there is no chance it can lose its prey, does it attack. That to me is the key to successfully trading altcoins.

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.

XMR has been trending downward since the start of september... In fact, since then XMR has lost 43% of it's value which is quite gruesome for those that decided not to dump out.

Looking at the current technical situation, the buy side is thin.. with total of only 3.7btc supporting the entire market. However, there isn't actually any significant sell resistance stopping the market from lifting..

going further, there is only 3.5BTC between the current rate of 270K and 339K - which is only a 25% move, but could be a sign of an impending reversal.

Hi OP, any words on the current XMR downtrend? great time to buy, or is it legit crashing? Personall I love the coin and it's features but you never know what's next with the market.

PUMPERS PICKS: Private Membsership
Week Beginning: 10/06
Week Ending: 10/12

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 10/07 at 6pm EDT. Our members netted a 4,760% gain last month, and as of now are up 1,212% this week.

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!

PUMPERS PICKS: Weekly Round-up
Week Beginning: 09/29
Week Ending: 10/05



The following are the gains netted from this weeks Private Picks. The largest return came from XCASH, GLYPH, THC and EXCL.

NEOS provided ample opportunity to get in and scalp some quick returns during the week which is never a bad thing. BBR formed an uptrend this week, so there are still some opportunities to be had in that market.

Members netted gains totalling 1,212% this week. We are already moving on next weeks coins!

Happy trading!








Twtter: @Pumper_Ryan follow for daily picks, and updates.

No problem  

Sorry, I'm currently discussing picks and recondite trading strategies with Private Members only.

But will be posting up some trade analysis tonight, the market has been interesting today. Loads to run through.

thanks no trades today? and what about picks?

1 Oct - 2 Oct
Total return: 109%
Coins: FIBRE, START, CRAIG

Trading larger for higher-probability trades and smaller, or not at all, for lower probability trades could transform a losing strategy into a winning one. The implication then is that instead of risking an equal amount on each trade, more risk should be allocated to higher-confidence trades and less to lower confidence trades.

FIBRE


FIBRE has been trending upwards since late August.. In fact it’s gone up 1200%+ since then and is still trending upwards. (A flick through the FIBRE ANN thread will reveal what exactly to look for when deciding to ‘invest’ and take a long-term position in a coin)...will be interesting to see how far this run can go.

With the recent release of FIBREOS, there has been a steady stream of volume flowing into this market providing opportunity to dip in and scalp some profit.

I saw that the market had been consolidating for a number of days, so I put some price alerts on to bring my attention to any up or downward movement.



There was very little sell resistance, so I assumed that the market would be more likely to break-out than dip and also the general trend of the market had been upwards anyway.

The breakout started on Tues and really began to gather some steam today.

I know that there are a lot of people holding on to their FIBRE as there hasn’t been a significant dumping spree yet – where the price gets hammered downward 50% in a day. (another sign of good long-term performance)

Tip: You don’t have to get in or out of a position all at once. Your trading formula has to be deliberately restrictive because you want to pick only the very best performers. Once your chosen indicators have confirmed that a market is trending upwards, you want to buy in and hold that coin as long as it is performing properly. You can also maximise your profit by dipping in and out and scalping short-term gains whilst your long-term position is still live.

START


START looks good in general. Good volume, active community, some unique marketing methods etc...all the things that combine to draw attention from market participants.

I have been playing the START market for some days now and can see that the volume has been building up incrementally for a while now.

I saw the opportunity to get in for what I assumed to be a quick momentum play, but ended up being in for longer than I had arranged for. However, sell resistance was as low as it needed to be for me to go ahead and place some sell orders in anticipation of a breakout.

Tip: It’s not enough to have good risk management; you also need to have an edge. Having an edge means that you have a method. When asked what is your method, no consistently profitable trader will give a response like “I look at the screen, and if "XCoin" looks good, I’ll buy some.” No consistently profitable trader approaches crypto with a shoot from the hip attitude. You must have a specific methodology and be able to describe your method in explicit step by step terms. So what exactly is your methodology? If you can positively answer that question, then your next question is, “Does your trading method provide an edge?”. If you are unsure about the answer, then it should now be clear why your accumulated losses far outstretch your gains. Traders who pull consistent profits from Crypto are confident that their method provides an edge.

CRAIG


CRAIG has been in a downward slump since Tuesday. What I noticed though was that despite the dumping, more CRAIG was being bought than cashed out for BTC.

This lead me into the assumption that the price wasn’t just going to plummet to nothing in one day.. It was going to be a long and drawn out descent – thus there would be ample opportunity to profit from corrections as the price bounced up and down.

My faith in this market was next to zero, so as soon as my order triggered and I had a live position.. I immediately placed conditional sells in a bid to take advantage of the volatility.

Tip: When I first began trading crypto it was quite apparent to me that people weren’t using any form of a profit plan or strategy as most people I spoke with either couldn’t state the exact amount of BTC they made per month or admitted to going several days without making any money at all. I never understood how people could trade crypto “full – time” yet not pull in consistent revenue.

It was obvious that many traders just throw coins at the market with no specific plan or strategy in place to accrue profit and establish a reliable income stream.

Coming from the world of FX into Crypto Currencies, I brought several tactics along with me to ensure that my BTC holdings increase daily, weekly and monthly. One of the important pieces of my strategy was a simple Profit Plan... This is what I used to expand my BTC holdings.

My whole thing when I started in Crypto was, I wanted to bring in 0.7BTC every day – risking only 2BTC.

Current Prices
2BTC = $746.31
0.7BTC = $262.26

Per day: 0.7BTC ($262.26)
Per week: 4.9BTC ($1,835.82)
Per month: 19.6BTC ($7,393.90)

You may not hit 0.7BTC each day but once you have clearly defined and settled on a target, you will gradually get closer and closer to reaching it each day. When I got into my stride, of course, there were days where I didn’t make exactly 0.7BTC, but pulled in slightly less – or substantially more.. it all depends on what the market is willing to provide.

This profit plan allowed me to know exactly what I was looking for from the market, therefore I wasn’t simply focused on “making money”.. my focus was on achieving a very specific return, thus the trading opportunities that would deliver these returns became much more glaringly obvious than they were before.
 
There are many ways you can go about netting 0.7BTC daily by risking only 2BTC.

2BTC + 30% = 0.7BTC

All I needed to do was achieve a mere 30% gain on 2BTC daily to pull $7,393 per month from the market.

What with this being the most volatile market in existence and all – 30% per day was and still is a walk in the park and something anyone can achieve with the correct methodology.


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.

This exactly...

A market that is moving sideways isn't in an up or down trend and will exhibit a lot of staggered price action between a tight range. You can also call this consolidation, or the "accumulation phase".. it all refers to the same thing and ends either when prices break-out or plunge downwards.

If I see this sideward movement, in addition to conditions where market momentum is building and there is low/no sell resistance, then it's more likely that the market will break-out rather than fall into decline.

Moving sideways is when the lows and highs are the same throughout the period.

If you need more info go to investopedia.

could you explain more about this what does it mean when a market is moving sideways?
and what are todays picks?

29 Sep - 1 Oct
Total return: 318%
Coins: START, XCASH

The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless. You have to let the arrow shoot itself. In trading, whenever there is effort, force, straining, struggling, or trying, it’s wrong. The perfect trade is one that requires no effort.

START


START recently switched from Scrypt to x11 and has been in the limelight for some days now. I like watching Coins that build momentum via community promotion. Specifically the coins that are able to maintain good volume for a number of days. Because when coins like this begin to dip – they produce the opportunity to execute a series of risk free trades simply because these markets with good momentum will always rebound after a plunge in price.

There are several ways to gauge market momentum. Personally, I look at the trade history.. How often are trades being executed? If I see a nice stream of trades have been executed every 2 - 3 minutes this is typically an indication of strong market momentum.

Once that’s out of the way I want to look at where the market is most likely to go. By that I mean, is there any sell resistance? Is there good buy support?

Also, this may go against everything you have learned about trading... but, If I see that sell resistance is thin or nonexistent, I tend not to take into account buying support at all in fact I will buy in even in cases where there is no significant buy support – because the market will always be more likely to shoot upward than drop if there is an absence of sell resistance.

However, If I notice a bunch of stacked orders on the sell side, then that tells me that the price wont be going upwards any time soon.

My decision to trade this market was born out of the simple fact that 1. START was in the limelight and has been receiving considerable attention... 2. There was market momentum .. 3. No sell resistance.. 4. The market was moving sideways  (price increasing slightly, then dipping.. then lifting etc)

I let the market dictate my trade, instead of forcing my own opinion on the market. It’s much easier to trade with the trend rather than against it.

Tip: When trading is going well it will seem effortless. If trading isn’t going well, you can’t force it right by working harder. If you are in a particularly bad trading period, when nearly every decision you make seems to be wrong, trying harder won’t help. It will only make matters worse. You can work harder in doing more research. You can work harder in trying to figure out what’s going wrong. But you can’t work harder at trading. If you are out of sync with the markets, trying harder will often make the situation even worse.

XCASH


Again, my reason for getting into this market was due to technical factors rather than fundamentals.

Absolutely no sell resistance whatsoever made this play a no brainer.

As I said earlier, I tend not to look for buy support because good buy support only implies that there are several people who aren't willing to buy in at the current market rate, they would rather put their orders on the buy side in the anticipation of a slump in price.

I always look to assess sell resistance before anything else. Is there any sell walls blocking and preventing a smooth journey toward profit? (bear in mind a sell wall can be as minuscule as 1BTC – but will still intimidate most traders into selling off their position or not getting into a market at all). In this regard, XCASH looked brilliant as the path to profit was free of blockage.

This was more of a buy in because the slightest jolt of volume will send the market into orbit – than a momentum play.. and that is how things played out. My price alerts began to sound off as I was bought out of the market with a rather handsome 231% gain.

Tip: Winning streaks often lead to complacency. This is something I stress to members. Complacency  leads to sloppy trading. In these winning periods, traders are least likely to consider what might go wrong, especially worst case scenarios. The moral is: when your positions are sailing to new highs almost daily, and when all of your trades are working, be 10 times more cautious! These are the times to guard against complacency and to be extra alert in order to lock profits in.

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.

 i could have bagged some money on kore but i bitched up again.

PUMPERS PICKS: Private Membership
Week Beginning: 09/29
Week Ending: 10/05

Picks, buying in, and exit strategy are organised, thoroughly, every Monday and we execute our strategy throughout the week.

Registration for Pumpers Picks is now CLOSED

Current members are up 4,759% over the past four weeks.

Past Returns
Week Beginning: 09/22
Week Ending: 09/27
Coins: BTM, SLG, AR, XBOT, AERO, HAL, CANN, VLTY, SSD
Return: 1,753%

Week Beginning: 09/15
Week Ending: 09/20
Coins: CANN, SHADE, SSD, XBOT, APEX, LTCD, HAL, NLG
Return: 945%

Week Beginning: 09/08
Week Ending: 09/14
Coins: KORE, NEOS, SSV, XST, LXC, CANN
Return: 523%

Week Beginning: 09/01
Week Ending: 09/07
Coins: HAL, NLG, VIA, XST
Return: 1,539%

(Registration re-opens on Saturday 10/4)

Happy Trading!

follow @ccpump on twitter for short term profit picks

+1
...and today is releasing wallet V2

27 Sep - 29 Sep
Total return: 105%
Coins: SSD, NLG

SSD


SSD has been my Coin of the Week for two weeks in a row now, and that’s due to the sheer willingness of their community to buy more SSD each and every time the price dips – you don’t see this too often with other coins. This coupled with the fact that the Dev is also very competent and active combines to form a recipe for high % yields and brilliant ROI.

As mentioned above, every time SSD dips people rush in to buy more. This has been the trend for two weeks now.





This has made the SSD market one that is simple to predict – thus easy to profit from. Slowly, more and more people are creeping into this market just due to this recurring cycle which will probably increase volatility and make these price swings even more profitable than they already are.

I bought some SSD yesterday because I expected a rebound in prices and my assumption proved to be an accurate one. As I’m typing this, buy support is building up in a major way – the entire community is beginning to realise that if this coin dips again, there will be tremendous profit to be had.

Consistency isn’t something that most coins offer.. SSD has put up an outstanding performance for several weeks now. Are we at the early stages of a major move?

Tip: People who make money in Crypto are open-minded and flexible. They’re also risk takers, because they believe in what they’re doing. They realise that there is always money being lost, so someone has to win. But, in order to really succeed in this market you need to have your own trading philosophy. Traders that lose don’t have a winning strategy, second, even among the traders who do, many don’t follow their strategy.. if you break a discipline once, the next transgression becomes much easier.

NLG



My trading philosophy is very simple, and this is something that I stress to Members on a regular basis.... When a coin that has been in the limelight for a considerable amount of time dips, it WILL spring back upwards in no time at all.

I have never seen a popular coin get dumped down and not spring upward at least 30% afterwards. Therefore, you must ‘always’ buy the dip – and if you’re not sharp enough to stay on top of the market at all times, just place some lowball bids in the order book along with some simple Dump Alerts on Cryptrader.com that way you don’t even have to be at the screen to benefit from a correction.

So keep an eye out for things like this because, as I said in an earlier post – there are hundreds of traders that make their living by using this strategy alone. They don’t waste time trying to pick bottoms or tops, they just sit back and take advantage of market momentum. Therefore they don’t ever need to be ‘right’ or ‘wrong’ – they simply take what the market gives them... that is the secret to consistent profit.

Tip: You need to have a strict set of rules and a Trading philosophy to establish any form of profitability in this market. But don’t be mistaken, it’s quite tempting to bend your own rules to make your current trades work, assuming that the favourability of your long-term statistics will take care of future profitability. Two of the cardinal sins of trading crypto – giving losses too much rope and taking profits prematurely – are both attempts to make current positions more likely to succeed, which only serves to the detriment of long-term performance.

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.

I like the way that order book is shaping up on NEOS. Looks like something is in the works.


Yeah, LTCD is totally lopsided right now. Huge buy support and almost zero resistance on the upside.

Looking at those sell orders, the market can jump with very little encouragement.

I have a little LTCD so will be paying attention.

Overall though, i really do feel that my Coin of the Week: SSD, is primed to make a very profitable move.