Topic: Ryan Pumper: Pumpers Picks (Updated Daily) - page 145. (Read 221144 times)

ducknote.

Does it mean you "instant-sell" when your stop loss triggers? I mean, if your stop loss triggers at 9900 sats and if that happens then you put a sell order at 9800 sats, wouldn't it sell instantaneously after it if there are buy orders between 9900 and 9800?

Keep your money bro. Just read this entire thread - there's enough info here for you to pull 100% per day from the market without a problem.

I mean, the Crypto market is very small. There's been days where I've been trading some small cap coin and bought through some sell walls causing huge upswings.. People literally refuse to buy 1btc + sell walls (but will buy the same amount when it's broken down into small orders) - that's my edge.

I think your issue is due to the fact that your trades are based too much on tips and what everyone else is doing, rather than having an actual strategy or narrative behind each one of your trades... so you aren't authentically invested in the idea that, that particular trade will be profitable.

I've said it before, if your putting on a trade that isn't grounded in reason - and if there is no strategy involved whatsoever, then you had no business taking that trade in the first place. Your reason for getting in a trade can't be "because the market is rallying" or "because XXXXtrader told me to".

Personally, I trust my strategy to the point where i will put on a trade and feel no fear whatsoever. Worst case I lose 2%, if everything goes to plan I make 50 - 100%+... I restrict my ability to lose (by using tight stop orders), therefore my potential to win is limitless.

So I would advise you not to focus too much on gains, but to focus on protecting yourself on each and every trade. Once you've done that, you wont have any fear when trading - which will allow you to be far more aggressive than the average trader.

Also, you want to only trade markets that have momentum. Markets that are actively moving upwards - that way, there will always be enough liquidity for you to leave the market whenever you please.

if you can teach me how to do this i'll pay you 10K right now.

i have been following how you play the dips etc but you need some fucking balls to dive in and not bitch up and that part is where I fuck up. what is your main strategy??? as in what exactly makes you decide on a coin??

just like he said you comment the coins after it went up.
but anyway you can get some serious gains by keeping up with the big boys/girls.

but you share good info on how a market works. i will read it all when i have some time

Actually..

so what are you? trader or a pumper? 

My stop loss on each trade is set to trigger at -1% and sell at -2%.

If you are confident that a rise is going to take place, then the lower the price drops - the better.

If you get stopped out of a trade where you're expecting prices to surge upwards, the first thing I'd do is wait for people to stop dumping - then buy back in at a cheaper rate once the market has began it's move upwards. (setup price alerts on Cryptader)

If you had no stop loss in a situation like this, you'd be tempted to hold your loss... until it dips lower and lower..

by that time, you won't be thinking about the rally that's about to take place.. your only thought will be to pull whatever you have left of your funds out of the market...

then... a few days later, you will be sitting back, angry as hell, as the market begins to rally past the point where you sold and goes up 50 - 100%.

Using stop orders gives you time to think and map out your strategy in a precise manner.

This is a helpful video:

http://www.youtube.com/watch?v=hhZBXO7KlD8&list=UUI6lP0xtInv8tBEnpt8Gr8A

I believe you had mentioned setting a 2.5% stop loss.  However, how do you deal with just typical price fluctuations when you're taking a position that you expect to yield results in a few days as opposed to just trading on the daily dips in a coin?

For example, let's say you buy a coin at 1000 expecting it to get to 1500 in a few days. But once you buy it, it could easily drop below 975 occasionally within a few hours of buying it.

PUMPERS PICKS: Weekly Roundup
Week Beginning: 09/01
Week Ending: 09/07

Round up of the picks I made this week. NLG and XST delivered the largest return since my first recommendation. HAL was the most consistent, as it went up 30%+ every day this week. VIA looks to be picking up steam, may deliver good returns next week.

Those that followed each of my suggestions this week are up over 1,529%. Many more picks to come.

Happy trading!

06 Sep - 07 Sep
Total return: 170%
Coins: XST, HAL

XST


Been in and out of XST for days now. It looks like – long term – XST will continue to deliver.

Volume has dipped over the weekend so I’d be looking and waiting for a dip to take advantage of cheaper prices.

Tip: Never take a trade that would jeopardize your ability to continue trading. Always limit the risk on a trade to a level that you know would permit you to come in and play the game again if you were wrong. You don’t have to participate in every rally, or every home run opportunity. Personally, I look at each trade as one of the next one thousand trades. If you start thinking in terms of the next one thousand trades, all of a sudden you’ve made any single trade seem very inconsequential. Who cares if a particular trade is a winner or a loser? It’s just another trade.


ETHAN


ETHAN is a coin that I’ve been scalping this week. I’ve seen a lot of accumulation take place every time ETHAN dips.

Looks like the beginnings of a rally. Just this week it’s gone up over 200% which reminds me of XST this time last month.

If you look at the price of XST now, you wouldn’t be blamed for suggesting that ETHAN looks VERY good right now.

Tip: A lot of people have been messaging me about holding a coin for too long and seeing their holdings deplete in value due to sloppy trading. I have a brilliant analogy for this... A man rigs a pigeon trap that has a hinged door. The man has a long piece of string connected to the door so that he can pull it shut once enough pigeons have flown in. One day, he had a dozen pigeons in the trap. Then one flew out, leaving eleven. “I should have pulled the string when there were twelve inside” he thought, “but maybe if I wait, it will fly back in”. While he was waiting, two more pigeons flew out. “I should have been satisfied with the eleven” he thought. “If just one comes back. I’ll pull the string”. Then, three more pigeons flew out. Eventually he was left empty handed. His mistake was not being able to give up the idea that some of the original pigeons would fly back. This is the attitude of the typical trader who can’t bring himself to sell at a loss, or even to sell when in profit. These traders always expects their losing positions to recover and their profit to keep on running. If you want to be consistently profitable then use stop orders on every trade, and set a realistic time-limit for holding profit (knowing that a profit can turn to a loss in mere minutes).



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

JBS is next guys, it's ready to go

Nice calls. Right on the money! 

If NLG fails no alts will really go mainstream. It's pretty much that simple and the above points will prove to be true. We will see if NLG can break the mold of the current crypto community and go mainstream in the Netherlands, that is there challenge. At this point they won't need us.

Everyday they have a update, they just don't hype there news.

https://timeline.guldencoin.com

Edit: Today they just launched a block explorer (beta) which they built from scratch. lol.

https://bitcointalksearch.org/topic/m.8715011

CLOAK is my call today!


45 k on Mint - panic buy has started. 10 BTC worth of CLOAK bought in less than 5 minutes.

The show has started, no sleep tonight !!!



https://ip.bitcointalk.org/?u=http%3A%2F%2Foi59.tinypic.com%2F1osrj7.jpg%26t%3D543%26c%3DjRzx7f-k_dXdCw&t=544&c=TtlsnbAV38QuEg

The point is that its rather difficult to predict when you should buy and when you should sell the coin as at the beginning all altoins seems to be long term living coins but in reality it's just a coin with finite life-cycle but with the difference that one coin die earlier and others live longer

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

05 Sep - 06 Sep
Total return: 256%
Coins: GPC, HAL

GPC


Nice three hour move here. Wherever I spot accumulation, I take advantage. The Volume in GPC kept spiking for no reason at all. So I placed some price alerts and each alert rang off in less than 5 minutes of me putting them on (a sign of momentum) (Cryptrader.com). All I had to do was buy in at market price and enjoy the ride. 213%

Tip: If you assume that the true theoretical price is somewhere between the bid and the offer, then if you buy on the bid, you're buying the coin for a little less than it's worth. Similarly, if you sell on the offer, you're selling it for a little more than it's worth. On this occasion I bought CPG for a little more than it was worth due to momentum... prices were actively moving upwards and more money was flooding into the market. One of my rules is, if a trade isn't making money right away - i want to be out asap.


HAL


The gift that keeps on giving....keeps on giving. HAL has been one of the more consistent coins this week and if you hopped on board when I first started recommending HAL, you’re now up more than 200%... There is still some momentum in the market so will continue to monitor

Tip: Just by looking at the orderbook, you can assess where support is, where resisitance is and what needs to happen to break highs or lows. You want to buy in above support levels, or at support levels and you want to sell above resistance levels. When you begin to see sellers jocking for sells and acting more aggressive this is a bearish signal and prices often fall when this happens. I rarely look at the charts at all, except to asses what stage the market is in during a rally.


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

I'm calling VAULT today, $20k market cap, $12k volume already, 4.32 btc to .085

Community takeover, 1500 Vault only, 0% premine, no one has any significant amount

http://coinmarketcap.com/currencies/vaultcoin/


https://bittrex.com/Market/Index?MarketName=BTC-VAULT

LXC ready to blow