Quote:
Originally Posted by ladida
Hint: There's 20 of those same changes in your graph you also didn't mark.
Hint: When you want to see something, you dam sure try to see it, even if it's not there.
Hint: If things happen on 5th, 6th, 10th, 14th, 20th, 24th, 25th, 30th, and you pick one of those with "somewhere around those something big happens" it's not predicting anything, it's just random words around random stuff with no meaning since now "around 6th" can stretch to 10, meaning it also can stretch to 2nd, and that's 8 day timespan in a 30 day month for a graph that sees change every few days. That's not predicting anything.
|
no it happened
exactly on the 6th...major trend reversals or significant price change in the last 6 times...it was a good call and you can be jelly all you like
Quote:
Originally Posted by OneHungLo
Exactly. He is full of shit. That's why I want him to start a new thread and post ever single trade after he makes them in real time so we can see. He won't because he will be exposed in 2 days lol
|
you would be wrong again because that is not how daytrading crypto works
most crypto daily movements are random noise...
for day trading crypto, technical analysis means shit...news can be used but it is not an every day event that you have news you can actually trade on...you can use TA for swing trading, where it is a semi-valid tool, but you literally trade blind when
day trading crypto and you must act accordingly...
things you can actually use:
1) waves: crypto goes up and down during the day in waves...several times each day the price will go up or down a few % and in most cases up and down will alternate consecutively...once it goes down, there is a high chance it will go up and vice versa...
2) proportion : if for example BTC goes up 1% other shit coins will go up 2-3% and vice versa...alts are always more volatile and you can use this to your advantage...
example simplified trade:
lets say BTC just dipped say 1% , this means other cryptos have tanked 2-3%...I have USD and I want to get in and make some money on the rebound that should theoretically happen...I do NOT know if it will go up or down, so I will NOT buy and hope...what I will do is set a buy order a bit above the current price for something that is not BTC (keep in mind other cryptos will rebound harder than BTC)...if my condition is met, and the price goes up, the buy order will be automatically executed and I will get a notification...BEEP!...then I follow what is going on with a tight stop loss...opening a position costs me 0.05% and with a tight stop loss I can afford to be stopped out...if the price does not go up, I have lost 0 and I now have more buying power...
"do not buy now" is a good trading method because it removes any emotions and wishful thinking people get trapped in...you wait for a condition to be met and then the beep comes and its trade on...your trading success goes up considerably when the computer makes the moves at a pre defined price level...Its like fishing...you wait for the fish to bite and then you reel it in...you do not enter the lake and catch the fish with your hand and place it on the hook
