TUTORIAL. How I Am Trading Cryptos And Getting Profitable Trades 98% Of The Time.

[Compazz]

this is one of the most detailed trading guides i have come across gold share!

 

[incomesurfer]

This is support and resistance in trading

May i know what time frame do you use?
do you use any indicator for your buy and sell signal

One key to succeed in trading is risk management

 

[der4c3]

thanks for this share - what do you think about to do this with a trading bot? do you have any experience?

 

[Chizz]

This is support and resistance in trading

May i know what time frame do you use?
do you use any indicator for your buy and sell signal

One key to succeed in trading is risk management

How about you read the thread and find the answers yourself, it's only 10 pages?

Both the timeframe and tool OP used are discussed..

 

[Seo Licious]

It good share and information op

 

[ShahGee]

DropShipping

 

[John Nubba]

REGARDS AND ALL THE BEST for this thread @https://www.blackhatworld.com/members/adam718.342554/ !!!

I need more info about how can we draw a correct line and for what period of time.

 

[snorri]

In this example, you can see that price has reached baseline and keeps dropping, so after the price drops 10%, you buy. Later the price recovers, so you sell.

Never ever grid your trades! Never!
I've been trading Forex for over 15 years and I learnt it the hard way. You can recover 30 times from the bad trades but the next one will blow your account. You can pyramid your profitable trades and that's the way you should trade.

Before you even consider placing a trade you should have some money management plan for your account.

The last thing, you can trade without stop loss but in that case, ALWAYS consider that you've already lost all the money.

 

[StartThrivingRN]

Sorry all the people who asked the questions here and I havent answered, will do it later.
Just wanted to tell that the method is still working and will work forever as it involves human psychology and we know that it doesn't change.
Thanks!

Is it necessary for it to be a crypto pair, or it can also be BTC/USD?
Is the only reason you don't recommend BTC/USD is because that transaction is taxable then and thus less profitable?
Or there are other reasons? (which ones?)
Thanks for clarifications!
(and for the detailed guide!)

 

[incomesurfer]

How about you read the thread and find the answers yourself, it's only 10 pages?

Both the timeframe and tool OP used are discussed..

ok sir thanks
I see, OP is using an hourly time frame
Op aren't using any other indicators, he using baseline (support lines)
buy triggers are 10%below baseline, 20% below and 30%below baseline
This is a good swing/bounce trading method, but it would be safer if he set a stop loss because sh*t can always happen in trading hehehehe #hodl

thanks

 

[Technabyte]

Great method and thanks for sharing. I will try it but I think this type of method will work well during the bull market but during the bear market and market conditions like now, it may not be very effective in my opinion.

 

[Adam718]

this is one of the most detailed trading guides i have come across gold share!

Thank you! So glad that this info valuable for you.

This is support and resistance in trading

May i know what time frame do you use?
do you use any indicator for your buy and sell signal

One key to succeed in trading is risk management

I am using 1h timeframe, but you can try with smaller like 15min.
You also can use 4h timeframe, in such timeframe you almost guarantee to make a profitable trades if you see price dropped below baseline and you see that its in panic mode, BUT such trades on 4h timeframe occurs very rarely, so its best to stick to 1h.

The risk management is very important, do not go all in one trade, trade with 10% of your bankroll.

thanks for this share - what do you think about to do this with a trading bot? do you have any experience?

I am not a fan of any trading bot as I think its useless.
There is some service there baselines are drawn automatically, but you still need to check the chart history, check volume and so on.

REGARDS AND ALL THE BEST for this thread @https://www.blackhatworld.com/members/adam718.342554/ !!!

I need more info about how can we draw a correct line and for what period of time.

Thank you !
Give me a chart where you want to see/draw baseline and I will correct and explain if I see any mistakes

Is it necessary for it to be a crypto pair, or it can also be BTC/USD?
Is the only reason you don't recommend BTC/USD is because that transaction is taxable then and thus less profitable?
Or there are other reasons? (which ones?)
Thanks for clarifications!
(and for the detailed guide!)

Yes, of course it can be USD pair. It can be ETH pair, BTC pair, any pair which is good for trading and it doesnt matter what pair as long as you making positive ROI.
You can check all ETH pairs, BTC pairs and USD pairs, its a lot of work to check all of them but this is how it works.

Great method and thanks for sharing. I will try it but I think this type of method will work well during the bull market but during the bear market and market conditions like now, it may not be very effective in my opinion.

This strategy is effective in any market, is it bear or bull. But I agree that its easier and faster to make ROI is bull market, but in bear market its still working well, but just a bt slower. When panic happens, everybody starts selling, the price keeps dropping and dropping to the point where whales start buying again and the price increase again, people starting FOMO and everything repeats

This is totally different than leverage trading where you can lost all the money pretty fast because of liquidation, here is absolutely different story, you buying the coins which are very strong, have good volume and you are safe from getting the liquidation, sometimes it takes few hours for the price to reach the baseline, sometimes it takes few days and sometimes a few weeks, but at the end you making positive ROI or in worst case scenario you break even.


fell free to ask any more questions.

 

[supreme1alpha1]

dope. qfl strategy.
get a crypto scanner and youre golden.
the qfl strategy is super easy.

 

[mohwner]

thanks OP, great guide. Has anyone tried this method and got successful?

 

[ghost_of_Lawee]

This is a very good strategy but I do not think it will perform well during a persistent dump cycle.

 

[MoZzz]

I honestly gave up on crypto trading, it's not worth it IMO

 

[CryptoKujira]

So we've got 11 pages of replies to everyone that is going to try this.

Let's start hearing the feedback on if this technique worked for them. Has everyone been able to double their money by now?

 

[sylvyo]

hi
just starting to learn this trading bussiness, used this metod with ressitance and support line, but also using bolinger band to see the direction of the trend and try scalping.
started day 6 this mounth, at the moment only with 17 usd profit (starded with 150 usd), trading bitcoin and some shitcoins.



still have a lot to learn , this metod from the OP (very well explained) is just the beginning there is lot more to it, but you must start somewhere


at the momento my conclusion it is not worth your time unless you like to learn or maby fore a long term investement maby someday it pays off


the real reason starded to buy some btc (fraction of it) is because my cialis and roid suplier only accept bitcoins this how i got into this world

my next steps:
study TA
pratice a lot more
study more TA
using leverage
try forex

 

[John Nubba]

hi
just starting to learn this trading bussiness, used this metod with ressitance and support line, but also using bolinger band to see the direction of the trend and try scalping.
started day 6 this mounth, at the moment only with 17 usd profit (starded with 150 usd), trading bitcoin and some shitcoins.



still have a lot to learn , this metod from the OP (very well explained) is just the beginning there is lot more to it, but you must start somewhere


at the momento my conclusion it is not worth your time unless you like to learn or maby fore a long term investement maby someday it pays off


the real reason starded to buy some btc (fraction of it) is because my cialis and roid suplier only accept bitcoins this how i got into this world

my next steps:
study TA
pratice a lot more
study more TA
using leverage
try forex

Also try to study about margin trading - in my opinion is a good method for making money, but more attention that if you haven't some experience you can lose money very fast.

 

[Ravzar]

If you really want to make a lot of money trading anything you need to trade right off the DOM. There are a few other methods but to make big money reliably if you can't trade off the DOM you're probably going to be unsuccessful. There have been some price/volume type traders who have seemed to be able to make that work. All the Fibonacci/Elliot wave stuff though is just pseudoscience and there is no evidence to support it. A lot of T/A is also subjective in terms of where you draw the lines. There are ways to bring some objectivity to it but the reality is unless you have a rules based system you can put down on paper or can trade directly off the DOM intraday (which is a skill few have mastered) you're likely going to fail.

Where people go wrong in trading imo is when they don't have a rules based system and rely on subjectivity. One problem with charts is people see patterns which arn't really there. If you can't program your system into a bot that could do what you're doing you don't have a system. What you have is something subjective which cannot be proven or replicated so you can't even test it by running the system through historical data to see if it would have been profitable (which doesn't prove it will be profitable in the future but it's better than nothing) or paper trading it.