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121  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 27, 2020, 08:58:20 PM


That is why I always recommend entering even a strong trend at a confirmation candle. Here the price broken a strong upwards trend out at the third point (usually it is a sign of trend continuation but it is to be confirmed). After the price consolidated and formed a beautiful double bottom pattern with a strong bullish impulse. managed to catch it with about 500 points gain and some leverage. Other strong levels are at the pic.
122  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 27, 2020, 08:57:56 PM


That is why I always recommend entering even a strong trend at a confirmation candle. Here the price broken a strong upwards trend out at the third point (usually it is a sign of trend continuation but it is to be confirmed). After the price consolidated and formed a beautiful double bottom pattern with a strong bullish impulse. managed to catch it with about 500 points gain and some leverage. Other strong levels are at the pic.
123  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 26, 2020, 10:38:06 PM
My mate sharing a truly valuable article with me. Sharing with u.
Totally agreed & checked in practice 👌
The systemic approach is key to continuous profitability

Here it is:

https://www.learntotradethemarket.com/forex-articles/why-professionals-traders-make-money-you-dont

124  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 26, 2020, 10:37:44 PM
My mate sharing a truly valuable article with me. Sharing with u.
Totally agreed & checked in practice 👌
The systemic approach is key to continuous profitability

Here it is:

https://www.learntotradethemarket.com/forex-articles/why-professionals-traders-make-money-you-dont

125  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 26, 2020, 10:35:43 PM
This thread you have made has been very nice for traders that are following and using your analysis. I wish you more btc in days ahead. Grin

I'm going to look more into this. I have not been profitable so far. Hope it helps.

Thanks mate
Good luck as well. Always remember about stop-losses
126  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 24, 2020, 03:12:12 PM
Following this now, thanks for the charts and thoughts

You are welcome!
127  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 24, 2020, 03:11:55 PM


True
Total professional deformation 😂
128  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 24, 2020, 03:11:27 PM


True
Total professional deformation 😂
129  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 22, 2020, 11:27:16 AM
I'm following ETH too but my analysis is slightly different. I'm looking at larger scale and noticed this increasing parallel channel.



If support around 164 breaks, we're both shorting Smiley


Hmm love this view of market. Good luck!
130  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 22, 2020, 11:26:44 AM
BNB's doing good! Still in trade



131  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 22, 2020, 11:26:32 AM
BNB's doing good! Still in trade



132  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 21, 2020, 10:18:45 AM
I traded (bought) different coins in the year 2017 on Bittrex. Hold them (for months) and sold them with good profit.
So yes i am a total newbie because i never really traded.

I am now in in Binance, Bitfinex and Bitmex.
Will try Bitmex first i think because of the possability to "short" BTC.
My timemanagement is normaly early in the mornig and after UTC 16:00, but Iīm self-employed so Iīm able to take out the time i need.

what do you think, whatīs the best way to start as newbie ?
Daytrades ?

Do you also read other traderīs opinion? like on tradingview?

thx for any answers

Got you. Yeap, trading at Bitmex give golden short opportunities.

As for trading start and your schedule, I'd recommend Day trading
But also pay attention to deposit size... If you have low trading budget, probably scalping will make more sense in the beginning.

Have you traded at demo? Bitmex offers some options. It might be useful.

Here are some useful books to start with:
"Technical analysis" by Lohn J. Myrphy
"Money Management Principles for Mechanical Traders" by Ralph Vince
"The Disciplined Trader: Developing Winning Attitudes" by Mark Douglas

Learn maximum about risk management. Always plan how much you can afford to lose and set harsh limits. You can even use the software for it.

I use Tradingview and have an account there, here it is:

https://www.tradingview.com/u/Mark_Robinson/

There are some signals, but I highly recommend to conduct own analysis without blind following the others' thoughts.

Good luck!
133  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 21, 2020, 10:09:35 AM
Ethereum price after strong bullish impulse faced strong resistance and dropped to $162. After the decline, the price consolidated forming a bearish flag. One of the probable scenarios is following bearish sentiment with the drop to $162 and $156

134  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 21, 2020, 10:09:03 AM
Ethereum price after strong bullish impulse faced strong resistance and dropped to $162. After the decline, the price consolidated forming a bearish flag. One of the probable scenarios is following bearish sentiment with the drop to $162 and $156

135  Economy / Trading Discussion / Re: You CANNOT trade successfully without RISK-MANAGEMENT on: January 20, 2020, 02:27:20 PM
I found lots of threads here on the reasons for losses or the ways to earn in the long term.

Some of the threads are quite useful, but here I'd like to put special attention to risk management. Many traders, even those who use cool strategies lose. Everyone loses sometimes. This is a rule of the market.

I'm already 10 years in trading and can state that to save is harder than to earn, that's my position. So, always plan your trading system with a special attention to risk management.

Here you can read about risks and losses:
https://www.bitinsure.com/blog/?p=35

And also reasons not to rely fully on trading bots:
https://www.bitinsure.com/blog/?p=59

Probably after it you will pay more attention to risks. Hope this will be useful.

What types and methods of risk management you use? Any software? What risk limits do you set?

Let's share Wink


Know these articles! Totally agree.
I use the automated risk management and plan trades, day etc in advance. Also, I analyze the stats and make the strategy corrections based on the statistics
136  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 20, 2020, 10:51:08 AM


Hey yo! When you see the results you work harder!
(Binance conducts some giveaways, hurry up)
137  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 20, 2020, 10:50:55 AM


Hey yo! When you see the results you work harder!
(Binance conducts some giveaways, hurry up)
138  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 20, 2020, 10:48:22 AM
Thanks !
Where should a beginner trade ? If you buy some coins for example on Coinbase (easiest and secure way at the beginning) you have 1,48% fee from USD or EUR wallet to coins and when you want to sell your coins (convert to USD or EUR) also 1,48% fee.
So i need minimum a increase of 3% to get no loss.

When i convert the coins to an other stable coin like USDC i have 1% fee.
How is it possible to trade without such a big spread.





Gotcha. Do you regard Binance and Bitmex as trading platforms?
As far as I know, Bitfinex offers lower commissions.

Also, are you a total newbie? How are you planning to trade (style, time available)?
139  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: January 20, 2020, 10:43:45 AM
Bitcoin price in Dec 2019 - Jan 2020 experienced the war of trends and finally, bullish trend won. The chart shows 3 points at 1D timeframe that can be regarded as a strong confirmation. Currently, the price may either follow the trend (rebound from the border), or enter into the breakout stage (bears power). $9400 is supposed to be a strong level for the price with crucial changes in scenarios, probably consolidation & impulse.

140  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 20, 2020, 10:43:28 AM
Bitcoin price in Dec 2019 - Jan 2020 experienced the war of trends and finally, bullish trend won. The chart shows 3 points at 1D timeframe that can be regarded as a strong confirmation. Currently, the price may either follow the trend (rebound from the border), or enter into the breakout stage (bears power). $9400 is supposed to be a strong level for the price with crucial changes in scenarios, probably consolidation & impulse.

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