"Easy money" glitch on BTC

[Racc00n]

I will get straight to the subject, as always. This month presents insane opportunities for those who are not attached to the green button.

Every trading day (I'm not including weekends, they are for idiots who want to lose money), you can short bitcoin before the NY session starts and take home from 1.5% to 5%. Out of 8 days, it played out 6 times (75% accuracy) and 2 times you'd be SL'ed.



Combine this with additional confluences and you can potentially increase your hit rate or avoid losses. At some point, it will stop playing out or won't be that easy but until then, it's an amazing opportunity. Go take that money!

 

[doubledhamal]

If you can keep repeating this, you can beat Elon Musk in networth. Good luck.

 

[White Night]

is it only apply for BTC?
DId you try any other atlcoin like sol?

also, how you chose the SL for this? is there any condition to base on to set the sl?
i see that you said win rate about 75%

 

[Racc00n]

is it only apply for BTC?
DId you try any other atlcoin like sol?

altcoins usually have a 1.5x multiplier to movement. so if BTC moves 5%, alts go 7.5% at least. this means you have to adjust your risk so you won't be wicked out.

 

[Racc00n]

From 7 am NY time to this moment

 

[White Night]

so you mean, we just need to short BTC at 7AM NY
with TP 1-2% and SL R:R 1:1

 

[Racc00n]

so you mean, we just need to short BTC at 7AM NY
with TP 1-2% and SL R:R 1:1

im not saying you to do anything. im just showing a consistent pattern, but it can stop working in the future. but everything must be abused until it stops working.
from a global perspective, is this a good time to become a bear near the yearly open? probably not.

 

[sophianguyen]

I will get straight to the subject, as always. This month presents insane opportunities for those who are not attached to the green button.

Every trading day (I'm not including weekends, they are for idiots who want to lose money), you can short bitcoin before the NY session starts and take home from 1.5% to 5%. Out of 8 days, it played out 6 times (75% accuracy) and 2 times you'd be SL'ed.

View attachment 487019

Combine this with additional confluences and you can potentially increase your hit rate or avoid losses. At some point, it will stop playing out or won't be that easy but until then, it's an amazing opportunity. Go take that money!

If it were really easy to make money with BTC, many people would be rich by now. They have spent a lot of money investing in cryptocurrency, and then it all disappeared and they became empty-handed. Nothing is easy.

 

[spmgd]

This happens in all markets when NYSA opens. A lot of times you will see an initial pump. I’ve also seen it go the other way, very badly. 6 days is not is not even close to a big enough dataset. If you backtest this long enough you will see that it evens out, or even worse, becomes a consistent losing trade. BTC is no longer pvp. You’re up against institutions with advanced technology and enough capital to swing markets in either direction they want. They can, and will take loses in the short term to completely wipe you out in the future. It happens all the time. These people don’t play to lose.

 

[varrper]

Who even trades in this market?) It's all about manipulation, rising and falling, and you need to be a hero to trade in it

 

[Racc00n]

This happens in all markets when NYSA opens

well, it doesn't. this is NQ chart from this week, each red arrow starts at 7am. and i could show you dozens of charts that look different. i know what im talking about because im trading this market as well and it would be stupid to apply the same strat to a different asset class.

Spoiler: chart

you need to be a hero to trade in it

i disagree. you don't need to be a hero, you just have to stop being an eternal bull and find a red button in your terminal
and maybe one day you will get to the final stage where you understand that there is no bull or bear market. there is JUST market. i still have to get there

 

[BobChipeska]

Don't forget about risk management or you will lose everything one day.

 

[spmgd]

well, it doesn't. this is NQ chart from this week, each red arrow starts at 7am. and i could show you dozens of charts that look different. i know what im talking about because im trading this market as well and it would be stupid to apply the same strat to a different asset class.

Spoiler: chart

View attachment 487707

i disagree. you don't need to be a hero, you just have to stop being an eternal bull and find a red button in your terminal
and maybe one day you will get to the final stage where you understand that there is no bull or bear market. there is JUST market. i still have to get there

You literally just proved my point. Up and down, sometimes stagnant. The arrows are an increase in trading volume and nothing more.

You’re the first person to spot this indicator and about to get super rich.

 

[Starblazer]

Even if it all makes sense, it's still a gamble imo.

 

[vcc empire]

Even if it all makes sense, it's still a gamble imo.

Hello @Starblazer !
I would love to hear more from you how is it gamble , when you buy something hold and it's rate boost you sell. Is this gamble?

 

[Starblazer]

Hello @Starblazer !
I would love to hear more from you how is it gamble , when you buy something hold and it's rate boost you sell. Is this gamble?

The market is unstable and there is no guarantee that the same sequence will repeat for long. Even if you have enough data to trust the sequence and invest money, things may not work in your favour. So, it's better to take calculated risk and invest the money that you're okay with losing. Don't just pour your savings thinking it to be a once in a lifetime glitch.

 

[peter alsvin]

I will get straight to the subject, as always. This month presents insane opportunities for those who are not attached to the green button.

Every trading day (I'm not including weekends, they are for idiots who want to lose money), you can short bitcoin before the NY session starts and take home from 1.5% to 5%. Out of 8 days, it played out 6 times (75% accuracy) and 2 times you'd be SL'ed.

View attachment 487019

Combine this with additional confluences and you can potentially increase your hit rate or avoid losses. At some point, it will stop playing out or won't be that easy but until then, it's an amazing opportunity. Go take that money!

Thank you for this post. I really doubled my investment you don’t know how happy I am. I would kiss you right now.

 

[vcc empire]

The market is unstable and there is no guarantee that the same sequence will repeat for long. Even if you have enough data to trust the sequence and invest money, things may not work in your favour. So, it's better to take calculated risk and invest the money that you're okay with losing. Don't just pour your savings thinking it to be a once in a lifetime glitch.

I agree with you sir There are alot of people making money with strategies and yes the lost money is start and they came to such strategies , if you take risk you loose , you fail , try again you fail better and you will succeed one day. that's the universal process to achieve any goal or skill

 

[Racc00n]

Hello @Starblazer !
I would love to hear more from you how is it gamble , when you buy something hold and it's rate boost you sell. Is this gamble?

technically, he's right. trading is a form of gambling. regardless of the strategy, how high the winrate is, etc. but i like to think that it's a controlled gamble if you use proper risk management.

Thank you for this post. I really doubled my investment you don’t know how happy I am. I would kiss you right now.

not sure if it's a joke or if you are serious but if it's true, congrats

 

[learnandearnwithseo]

Impossible that it will repeat everytime. All profit will be wiped out in one big loss. Always go for long term investing in case of Bitcoin only