because the bounce from 6k was too hard for it to go all the way back down this quickly. it needs to go sideways (or up) for longer and form a nice curvature.
A nice curvature down you mean I assume?
About the AMA, I do have some questions if you would be so kind to answer....
1) What is your approximate average number of trades daily/weekly/monthly?
2) Do you do lots of small (almost insignificant trades, like 1% of your holdings of each coin for each trade) or do you go BIG on your trades?
3) Do your trades follow a predefined strategy according to TA or whatever and you stick to the plan..... or do you constantly monitor your positions and make quick changes constantly?
4) DO you use leveraging?
I would have much more questions.... but don't wanna abuse
1. It varies. On a big day when a big coin is bouncing around I can make several trades in one day. On the other hand I can be stuck in one small cap altcoin trade for up to 2 weeks. Also, whether my base currency is mostly btc or mostly usd shifts about once per month.
2. 10-40% per trade depending on volume. If it's 40% it might actually be the same trade in 3 different coins because the whole market is moving. The only time I invest 1% is in an ICO.
3. I dont trade according to rigid rules like forex traders. My trading is very dynamic. Even some of the indicators I am looking for are dyanmic like 'im going to wait til it decelerates', or 'im going to wait til i see this much volume and the walls are moving like this'.
4. I dont have access to btc/usd leverage. I sometimes use 2x or 3x leverage with altcoin trading but that is only in that one account and not with all my holdings.
My trading is crazy and I wouldnt reccomend it to anyone.
