Topic: Seat of Your Pants Crypto-Currency Trading Guide (moved) (Read 53029 times)
Thanks for the info, will go to Amazon to purchase this book.
I would like to thank all of you who have made kindle purchases of my guide. It's because of its gaining some traction, I would also appreciate some quality reviews as well. Again thank you all 
For anyone that had been looking into my guide on amazon, there was a file upload error that totally jacked up the book, but it has been fixed and anyone that has already bought the guide can now re-sync and have their download updated.
Enjoy and trade safely!!
Enjoy and trade safely!!
This article has now moved, to Kindle! Take a look http://www.amazon.com/dp/B00KY7WXJU
Well done a great read, no blabbing on and on, strait to the facts in an easy to read way. Many Thanks for the info 
Really good information here.
I am a new trader and seem to be doing quite well so far.
I am mainly trading currency for currency. My pairs are DOGE/BTC.
It seems to me from my amateur perspective that this type of trading that I am doing is exactly like FOREX which I know nothing about.
Can you confirm this is true or not and if so what are some good guides you can recommend I read that I translate into crypto trading.
Thanks again, really good post!
I am a new trader and seem to be doing quite well so far.
I am mainly trading currency for currency. My pairs are DOGE/BTC.
It seems to me from my amateur perspective that this type of trading that I am doing is exactly like FOREX which I know nothing about.
Can you confirm this is true or not and if so what are some good guides you can recommend I read that I translate into crypto trading.
Thanks again, really good post!
Great info thanks for sharing!
This is a great write up, and exactly the kind of knowledge I was looking for to up my crypto day trading. Thanks!
Nice guide. Personally i use cryptsy to trade. If you guy are interested please use my referral key
https://www.cryptsy.com/users/register?refid=128621
thanks
https://www.cryptsy.com/users/register?refid=128621
thanks
Awesome thread,
Pushing this to the front!
Pushing this to the front!
Check out babypips.com for a very in depth free course on forex trading.
Thanks for the share. Alot of good info
There's a realtime profit/loss calculator over at http://tradeli.st that is geared towards crypto day trading.
I'm not sure exactly what this would be calculating. Is it just subtracting the fee twice for ya?
You enter your buy price and your sell price and it will calculate the profit or loss including fees paid on both trades.
If you check the 'x - follow last price' it will follow the current price so you can see your profit margin in realtime if you're holding a position.
There's a realtime profit/loss calculator over at http://tradeli.st that is geared towards crypto day trading.
I'm not sure exactly what this would be calculating. Is it just subtracting the fee twice for ya?
There's a realtime profit/loss calculator over at http://tradeli.st that is geared towards crypto day trading.
Oh man this is very god for beginners. I think it should be sticked.
Thanks anyway:)
Thanks anyway:)
The Investopedia link is broken, but you can surf a backup on archive.org
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
All fixed, the investopedia link had an errant semi-colon hiding in it...
The Investopedia link is broken, but you can surf a backup on archive.org
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
http://www.investopedia.com/university/technical/techanalysis8.asp seems to be working for me.
The Investopedia link is broken, but you can surf a backup on archive.org
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
http://web.archive.org/web/20130806154045/http://www.investopedia.com/university/technical/techanalysis8.asp
Nice introduction, thanks.
This guide is great to start with, but in my opinion the most vital and essential part is missing there. I talk about psychology of trading.
Most ppl that wipe off their trading accounts are leaving the scene not because the lack of technical knowledge, but because of their inability to control themselves. Mostly psychology is the key that separates 20% (maybe less) of succesful traders from 80% of loosers.
The Disciplined Trader by Mark Douglas is a great book on this topic.
On trading generally I recommend to read Long-term secrets to short-term trading by Larry Williams.
Most ppl that wipe off their trading accounts are leaving the scene not because the lack of technical knowledge, but because of their inability to control themselves. Mostly psychology is the key that separates 20% (maybe less) of succesful traders from 80% of loosers.
The Disciplined Trader by Mark Douglas is a great book on this topic.
On trading generally I recommend to read Long-term secrets to short-term trading by Larry Williams.
I agree psychology is important, I only touched on it just a bit with one sticking to the plan they make...but psychology would in fact determine the plan for sure.
This guide is great to start with, but in my opinion the most vital and essential part is missing there. I talk about psychology of trading.
Most ppl that wipe off their trading accounts are leaving the scene not because the lack of technical knowledge, but because of their inability to control themselves. Mostly psychology is the key that separates 20% (maybe less) of succesful traders from 80% of loosers.
The Disciplined Trader by Mark Douglas is a great book on this topic.
On trading generally I recommend to read Long-term secrets to short-term trading by Larry Williams.
Most ppl that wipe off their trading accounts are leaving the scene not because the lack of technical knowledge, but because of their inability to control themselves. Mostly psychology is the key that separates 20% (maybe less) of succesful traders from 80% of loosers.
The Disciplined Trader by Mark Douglas is a great book on this topic.
On trading generally I recommend to read Long-term secrets to short-term trading by Larry Williams.
this is just the type of trading intro i've been itching for -- thanks!
in your years of trading, have you found any published material that you would consider required reading?
in your years of trading, have you found any published material that you would consider required reading?
Excuse me: I have not read the whole post. (My native language is not English., And my knowledge of your language is poor: Now I'm using the Google automatic translator 
) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much.
I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much. I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
Thank you for your kind words. I am successful yes, its taken me a decade to learn anything, and its not much in comparison to many others. The best advice I can give is the guide, its about reducing risk so you can make YOUR best choice. I can't take the blame nor the credit for someone's choices, I am just trying to share some of the tools I use to make the best choices I can that work for me.
What would you do now? Buy, sell or keep still?
Excuse me: I have not read the whole post. (My native language is not English., And my knowledge of your language is poor: Now I'm using the Google automatic translator ) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much.
I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much. I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
Thank you for your kind words. I am successful yes, its taken me a decade to learn anything, and its not much in comparison to many others. The best advice I can give is the guide, its about reducing risk so you can make YOUR best choice. I can't take the blame nor the credit for someone's choices, I am just trying to share some of the tools I use to make the best choices I can that work for me.
Thanks for the great tips. it was a good review on patterns like triangles. good read.
Excuse me: I have not read the whole post. (My native language is not English., And my knowledge of your language is poor: Now I'm using the Google automatic translator ) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much.
I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
) But gradually I'm going to read it. I think that is a fantastic post. Thank you very much. I have a question. Are you a successful trader? Did you win money by applying your knowledge? Would you be willing to advise us on buy and sell for money?
Very nice work. thanks for the effort.
Nice one, thanks.
Very good, thank you.
I was able to predict this Thank you!
imgurdotcom/ehPHrX4
Thank you!imgurdotcom/ehPHrX4
I have entered into trading recently.. would have killed to find this a week ago.. good info +1
good read, Thank you
Good read.Ty and i noticed .cryptocoincharts.info is correct, not cryptocoincharts.com
Thanks eh, corrected, and I added another good charting site as well http://bitcoinwisdom.com
Good read.Ty and i noticed .cryptocoincharts.info is correct, not cryptocoincharts.com
+1
Good information here. Complete with example charts & all. Has my vote for being "Stickied"/Sticky post.
Good information here. Complete with example charts & all. Has my vote for being "Stickied"/Sticky post.
Check out babypips.com for a very in depth free course on forex trading.
reserved ///<3 Chowderman
Great guide chowderman, very informal and professional. I use these same tactics and patterns while trading on the NYSE! They definitely work; but as you said, it takes a lot of patience, and a lot more research to be very successful at it. When you first start out, don't be discouraged or intimidated by taking a few losses. ALWAYS set your max loss (or Stop price) to the maximum amount you are willing to lose (I usually stick with 1-2% of my total portfolio as my max loss, depending on the situation). Use the chart patterns as your Risk/Reward guide, this will help you decide how many shares, or in this case crypto to purchase.
Learn from your mistakes and count the losses as the "cost of learning".
Good luck to all!
Learn from your mistakes and count the losses as the "cost of learning".
Good luck to all!
+1
thank you!
thank you!
It has come time to move to a new level of publishing with my guide. It will now be part of Kindle's Lending Library for at least the next 90 days, here is the link. http://www.amazon.com/dp/B00KY7WXJU
Thank you
Thank you
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