Topic: Ryan Pumper: Pumpers Picks (Updated Daily) - page 147. (Read 221144 times)

I've followed since yesterday GB. After a small rise during yesterday morning (GMT time), its market cap and its volume is dropping. I think some traders are accumulating but obviously I'm not sure about that.

What do you do when you see this performance in a market? Continue watching it? Pass and next one?

I'm trying to follow different markets all at once, but it's really difficult with no bot-aid so I'm sure I'm loosing opportunities


PS: Your results are impressive, anyway they're kind of manipulated. A novice trader could think that yesterday you near x6 your funds.
Sorry newbies, that's not real.

If you have 1BTC you won't risk it all at once and in every trade Ryan did, so you wouldn't have 5.89BTC today. Let's say someone copied your trades and put 0.25BTC in each of them. Today that trader would have 1+0.35+0.53+0.34=2.22B. And that's +122%, not +489%

Anyway, SUPERB. You've made +21BTC starting with 57BTC in only 4 days. That's an overall +37% in 4 days. NEAR $10K IN FOUR DAYS!!! (I earn twice that working a whole year  ) But I hope everyone will take now your scores as isolated trades, not as an all-in trade with all the funds involved on every trade.

PPS: You have a couple of PMs

Made some bank from your LXC and KORE recommendations

what are your thoughts on Ethan atm?? still a good bet?

how many separate timeframe charts on CrypTrader do you use to confirm a trend? (2h, 12h, 48h, etc)

Hey Ryan, any thougths about Shadowcoin?

I'm looking at NLG, GB, VIA and LXC

I've also been playing the ETHAN and XST dips for sometime now.

Ryan, any tips for tonight into tomorrow morning?

Glad to know you find the information useful.. I'll be updating regularly with a variety of techniques that you can apply to your own strategy to bring consistent returns.


Sure, this is a 24hour market.

I'd suggest that you spend some time analysing the market before you dive in.

There are patterns that occur again and again (and i don't mean chart patterns either)

Once you begin to understand how the market moves, you'll definitely be able to put yourself in a position to make consistent profit.

03 Sep - 04 Sep
Total return: 489%
Coins: XST, HAL, ETHAN, GB

XST


This was one of my suggestions yesterday so I hope you guys got in on time. I had been dipping in and out of XST for the entire day yesterday. If you’ve been following my trades, you probably now realise how important Volume is when trading Crypto. This is just one out of a string of my XST trades. There was just far too much volume building up for me to not get involved in this coin.

I’ve noticed that the Crypto markets move in stages... When a particular market is very low there comes a time when people buy it because it has become undervalued. The market starts to go up and some people buy because it is a fundamentally sound thing to do, or because the chart looks good. In the next stage people buy just because it has been the thing to do. Finally, here comes the magical stage; people are hysterical to buy because “it’s going to the moon” and prices exceed any kind of rational value. This whole process then repeats itself on the down side.

So before I buy into any coin I always look at the charts and volume so that I can asses which stage the market is in... You don’t have to be the first one there to make exponential profit... but being the last one might see your trading stake cut in half or even worse.


HAL


The way HAL has been performing over the last two weeks, it wouldn’t make sense to not have at least a few lowball bids placed at strategic price points... Simple move here.. Sellers dumped into my buy wall.. the market springs back into place – just as it always does, and I’m up 38%.

Over this two week period, I’ve scalped 141% from HAL... It’s building up very gradually – will continue to monitor.


ETHAN


Full credit goes to @AltcoinAlerts for this... He is someone you should listen to when it comes to crypto. Easy 110%


GB


Another one of my suggestions, GB.. This was an overnight play.. so of course I had very tight risk management protocol in place.

What brought me into this market was the fact that traders were stacking up their buy orders, whilst there was nothing but thin sell orders on the otherside... there was literally 2BTC stopping the market shooting up 50%.. So after buying in, I set up a conditional order  and was brought out with 36%.


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 trades 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.

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

are there any opportunities for people with full-time "side" jobs, (haha!)  or "night-traders" ?

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

Thanks, I traded BTSX from 6700 to 12490 by following the volume. It has picked up again, bouncing from 5000s and trying to break 7000 right now on BTER.

Glad to know you guys are finding the information useful...

I just wanted to let people know that there's still a variety of ways to make money from trading altcoins..

some people would rather i just told them which coins to trade.. but as they say, give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

There's plenty more to come by the way... still a lot of techniques that I haven't touched on.


I've been scalping profit from XST all day.. I'm also paying attention to HAL, NLG, GB and VIA

Also, I'd recommend that you watch BTCD.. If it dips below 100K I'll definitely be picking some up.. you should too.

What are you looking at as the next potential mover? I agree with 100% of what you said from experience.


Edit: what platform are you getting these charts from?

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

02 Sep - 03 Sep
Total return: 165%
Coins: HAL, NLG

HAL


HAL has been a cash cow this week. I’ve been dipping in and out for days now simply because I tend not to take long positions in unproven coins... Plus since HAL is anon so it’s competing in the same ring as BTCD and, long-term, I don’t see HAL going the distance... I could be wrong though.. this is Crypto after all.. But despite that,  as long as people keep pumping Bitcoins into HAL, I’m a willing participant and I will be keeping an eye on HAL over the next few day.

Tip: There are several coins like HAL that trend upwards for so long that demand dries up...those who bought in at the top begin to sell causing a chain reaction as other traders rush to dump out before the coin looses half it's value or more. The implication for a trader who wants to build a string of consistent wins is, for you to win, you want to be in and out of the market whilst there is still momentum. i.e once you have placed a trade - that trade should be making money instantly.. don't fall into the trap of holding or staying in a stagnant market for too long unless you have reason or strategy in place to take a long position.


NLG


I sat back and watched the volume building up on NLG throughout yesterday... I waited and waited, just to gauge whether the volume was due to the work of manipulators or if this volume was genuine demand from the average market participant.

Toward the end of the day, I noticed that not only was there an uptrend forming but there hadn’t been a significant dip all day, sell order were thin and people were still throwing bitcoins into this market.. So it was a no brainer really.. I placed my trade using tight Stop orders as this was going to be an overnight play.. my sell orders were triggered in the morning and I was bought out of the market with a 128% gain.


Tip: These kinds of trades are all over the place. When you find that a market is trending upwards, just look at the order book.. is there a stack of sell orders? Is there a bunch of sell walls blocking your path to profit? If not, then you want to consider placing your trade and taking advantage of market momentum.

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

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

Ryan Pumper sounds like a gay pornstar..

Personally, I feel that Market cap, and Trading Volume are the two most important indicators when trading the crypto market.. These are the only two indicators I use when trading, which is why a large portion of my trades are spot on and quite accurate.

I look at Trading Volume as an indicator of interest.

A sudden increase in Trading Volume, which you can find on coinmarketcap.com, is invariably followed by a rally. The profitability and duration of this rally can be determined by the $ amount that the Trading Volume is increasing by. If the volume is at five figure level, say $10,000, and is increasing by $1000+ every 5 - 10 minutes then that particular coin will have a much more rewarding move upwards than if the volume was only going up $100 / $50 every 10 minutes.

Market Cap is also very important as it reveals a number of crucial factors.

First, if you track the market cap in relation to the current asking price – you can quite easily determine where the high or low of the market is – allowing you to plan ahead when placing your trades. Second, the Market Cap always reveals when a coin is oversold when it suddenly surges above normal levels during a rally – at which point you would probably want to be liquidating your position.

I've coded a bot that relays these signals to me so that I don't have to do this manually.. but you don't need a fancy bot at all really.. I started out copying and pasting into a simple Excel spreadsheet.. If you do this long enough, you'll be able to anticipate moves just by assessing the order book and volume levels on the actual exchange.

If you by while prices are moving up how do you gauge and pick the best exit point?

what if people begin to take profit and the price falls instead of continuing up?

I like your stuff by the way! very insightful. p.s you probably shouldn't keep so much coin on an exchange I'd feel very uncomfortable if I were you.

01 Sep - 02 Sep
Total return: 227%
Coins: KEY, HAL, ETHAN

KEY


This was a simple play.. similar to my VOOT trade. I was interested in KEY because of the announcement they had made regarding the completion of their OS. However, the way I executed this trade was different from my VOOT play.

As soon as I caught wind that their OS had been built, I went to the Key market to gauge the market response... I saw a nice organic stream of volume building up.. So I started monitoring KEY for 20 minutes straight and I saw that the volume was increasing every 5 minutes – which is a typical indicator of an impending breakout. So I didn’t waste any time trying to lowball the market... I bought through some sell walls and – as expected – buyers started to become more aggressive, stacking their orders above each other... smart money flooded in and began to literally walk through sell walls.. 10 minutes later, I’m in profit and there are a bunch of stacked buy orders preventing the price falling anywhere close to where I bought in...  I set up a conditional sell based on the price action, and ended up being bought out of the market with a tidy 141% gain.


HAL


I’ve been in and out of HAL for nearly a week now and I’m sure there’s dozens of other traders who’ve been doing the same because that market has become very predicable... I have some Price Alerts set up on Cryptrader for HAL so I was alerted when people started to dump.. I knew, just based on the volume and price action, that if I bought in at around 18K and prices corrected back to pre-dump levels I’d bag an easy 30%... I actually ended up with 27%... unfortunately I’m still prone to panic selling.
 
Tip: If you struggle to find good entry points, or find it difficult to take advantage of corrections etc.. Just buy when the market is trending upwards, and sell whilst prices are still moving upwards. That way you don’t have to worry about being right or wrong because all you’re doing is responding to price movement as it occurs. As soon as you buy in, set up your sell orders immediately.. This will literally force you into becoming a profitable trader.


ETHAN


Ethan was a no brainer for me... no skill involved in this play at all really. I noticed that the Volume had been building up throughout the day in an organic manner... There was only 2btc in sell orders preventing the market from moving up 50 – 60%... So knew that if I bought in at market price, and set up some conditional sell orders I’d make at least 50% during the night... Which is what ended up happening.

I jump at the chance any time I see one of these obvious opportunities.... any time I can clearly define an exit point, I want to be taking advantage of that opportunity because that is the closest you can ever get to a risk free trade.

Tip: ALWAYS use a STOP LOSS and once you’ve bought into a position, place your sell orders immediately. You want to add an element of automation to each one of your trades to force discipline and to ensure that you stick to your strategy. Only 10% of Crypto traders are profitable, and I can guarantee that 90% of Crypto traders aren’t using Stop Orders when executing trades. You should be using a service such as Cryptrader.com if you're not already... they have some cool stop order features that have definitely prevented me from taking any large losses.


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