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Author Topic: Predicting the short term fluctuations in price?  (Read 127 times)
AdvanceNote (OP)
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February 23, 2018, 05:09:37 AM
Merited by Jaycee99 (2)
 #1

Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?
adaseb
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February 23, 2018, 05:13:04 AM
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Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?

Unfortunately this won't help you these days with the markets.

What you are doing is simply called Reading the Tape and with bots it has proven to be very difficult to predict any kind of speculation since there is a lot of order spoofing and iceberg orders.
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February 23, 2018, 05:17:54 AM
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In my personal opinion: You can't. The traders in the market are mostly(or at least majority are) people. You also have to take into account people's emotions(FOMO, panic buys, panic sells, all those stuff) when it comes to trading; and I don't think you can easily predict market movements with those in mind, as they're definitely not static.

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pooya87
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February 23, 2018, 05:29:49 AM
 #4

what you are looking for may exist and even work in a more logical market with little to no manipulation at work. but when you enter cryptocurrency market, specially when you get involved with altcoins, ICOs, ... and try to "predict" their movements then it becomes nearly impossible to predict anything about them because when manipulation is at work, nothing is logical anymore.

but you can change the same strategy to apply it to altcoin market though. for example one of the short term things that happen in altcoins is pump and dump. one of the indicators of a pump is an increased volume out of nowhere which leads to a sudden rise in its price. and this price rise is usually huge but fast.

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AdvanceNote (OP)
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February 23, 2018, 06:01:42 AM
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what you are looking for may exist and even work in a more logical market with little to no manipulation at work. but when you enter cryptocurrency market, specially when you get involved with altcoins, ICOs, ... and try to "predict" their movements then it becomes nearly impossible to predict anything about them because when manipulation is at work, nothing is logical anymore.

but you can change the same strategy to apply it to altcoin market though. for example one of the short term things that happen in altcoins is pump and dump. one of the indicators of a pump is an increased volume out of nowhere which leads to a sudden rise in its price. and this price rise is usually huge but fast.


well for me , i never understood the mentality of people who decide to pump and dump coins for fast profit. Why not just hodl for a long term for potential to gain the massive profit you've dreamed of after a year or two? why do you need fast immediate profit now? it is not like the market never recovers in a crash. hodling = less risk and same or possibly much higher reward if u just be patient for at least year.
AdvanceNote (OP)
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February 23, 2018, 06:15:56 AM
 #6

Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?

Unfortunately this won't help you these days with the markets.

What you are doing is simply called Reading the Tape and with bots it has proven to be very difficult to predict any kind of speculation since there is a lot of order spoofing and iceberg orders.

 yes , i guess so because tape reading is not as popular as it was in the old days. Computers have taken care of that. as i can see traders usually use it to determine the recent buying and selling pressure. for me it was much easier to spot a large buyer or seller because daily volume was incredibly light so it was easier to spot a big player. but thanks tho , appreciate it!
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February 23, 2018, 09:49:22 AM
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Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?
I have this way only you invest in altcoin to reduce the risk the most, when you see the coin drops, you follow them, when reduced to a certain price, the price will start to rise again, in The price increases again, you buy and hold them in the short term, when prices rise, you feel enough profit to sell them. In this way you can quickly earn the most profit.
Jaycee99
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February 23, 2018, 09:58:11 AM
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Well base on how I understand it you have problems about   value predictions of the price like the altcoin or bitcoin.

Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?
I have this way only you invest in altcoin to reduce the risk the most, when you see the coin drops, you follow them, when reduced to a certain price, the price will start to rise again, in The price increases again, you buy and hold them in the short term, when prices rise, you feel enough profit to sell them. In this way you can quickly earn the most profit.

Well this guys right here talk about a price that goes down and that rises so in any case your thoughts are into predictions OP, you should atleast make a reaserch of websites that actually into the 24 hours market value. If you have any cases to know more and much better friendly chart that is bitcoin IQ and blockfolio in which you can search the token to see the price so you can know it and these is were a trader starts.

A BIG TIP HERE

1. If you want to be a trader know the obstacles you will overcome and you will run on.

2. The value cant be predicted it is to be updated with the right applications and knowledges.
AdvanceNote (OP)
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February 23, 2018, 10:12:43 AM
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Well base on how I understand it you have problems about   value predictions of the price like the altcoin or bitcoin.

Is there any way to predict if the market if it's going to fill an order based of the order book or previous transactions I was thinking an out using machine learning to figure this out, but that's a bit more complicated than I understand, is there a way to do this simpler?
I have this way only you invest in altcoin to reduce the risk the most, when you see the coin drops, you follow them, when reduced to a certain price, the price will start to rise again, in The price increases again, you buy and hold them in the short term, when prices rise, you feel enough profit to sell them. In this way you can quickly earn the most profit.

Well this guys right here talk about a price that goes down and that rises so in any case your thoughts are into predictions OP, you should atleast make a reaserch of websites that actually into the 24 hours market value. If you have any cases to know more and much better friendly chart that is bitcoin IQ and blockfolio in which you can search the token to see the price so you can know it and these is were a trader starts.

A BIG TIP HERE

1. If you want to be a trader know the obstacles you will overcome and you will run on.

2. The value cant be predicted it is to be updated with the right applications and knowledges.


Got it, i will try to research some of the websites about the market value . thank you so much for the tips . appreciate it.
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